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rogerl
2021-08-14
Great
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rogerl
2021-08-06
$NIO Inc.(NIO)$
Good.
rogerl
2021-08-15
Buy more.
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rogerl
2021-12-22
Great news
BioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote>
rogerl
2021-10-22
$Tiger Brokers(TIGR)$
good [强]
rogerl
2021-08-27
Great
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rogerl
2021-08-16
Good
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rogerl
2021-08-09
Like pls.
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rogerl
2021-03-10
Good job
The 2021 stock market looks an awful lot like 2000. That's bad news for Big Tech<blockquote>2021年的股市看起来与2000年非常相似。这对大型科技公司来说是个坏消息</blockquote>
rogerl
2021-08-11
Great news
Novavax shares jumped nearly 12% in early trading.<blockquote>Novavax股价早盘上涨近12%。</blockquote>
rogerl
2021-10-31
$Tiger Brokers(TIGR)$
[弱] [弱]
rogerl
2021-10-08
Great
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rogerl
2021-09-11
$Tiger Brokers(TIGR)$
good.
rogerl
2021-08-10
Good
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rogerl
2021-08-04
$XINYI ENERGY(03868)$
up up
rogerl
2021-10-23
$Zepp Health Corporation(ZEPP)$
👍💪
rogerl
2021-08-19
Wow
Nvidia Stock Is Surging on Strong Earnings. Here’s What to Know.<blockquote>英伟达股价因强劲盈利而飙升。以下是需要了解的内容。</blockquote>
rogerl
2021-08-15
Buy more.
How to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比,如何评估蔚来股票的价值</blockquote>
rogerl
2021-08-14
Like pls
Dow, S&P End Week at Record Highs. It’s Not That Exciting.<blockquote>道琼斯指数和标准普尔指数周末创下历史新高。没那么刺激。</blockquote>
rogerl
2021-08-08
Good luck.
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去老虎APP查看更多动态
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ext":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/695935303","repostId":"1179133564","repostType":4,"repost":{"id":"1179133564","kind":"news","pubTimestamp":1641266758,"share":"https://www.laohu8.com/m/news/1179133564?lang=zh_CN&edition=full","pubTime":"2022-01-04 11:25","market":"us","language":"en","title":"Is Apple Stock Likely To Reach $200 In 2022?<blockquote>苹果股价有可能在2022年达到200美元吗?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1179133564","media":"Seeking Alpha","summary":"SummaryApple stock received a lot of interest recently as it surged in early December and has mainta","content":"<p><html><head></head><body><b>Summary</b></p><p><blockquote><html><head></head><body><b>总结</b></body></html></blockquote></p><p><ul><li>Apple stock received a lot of interest recently as it surged in early December and has maintained its market outperformance.</li><li>We discuss the critical drivers for investors to watch moving into 2022.</li><li>We also discuss whether Apple stock is likely to reach $200 moving forward.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e9d29c6db997dd98e087415e7e2acfe\" tg-width=\"1536\" tg-height=\"1036\" referrerpolicy=\"no-referrer\"/><span>Justin Sullivan/Getty Images News</span></p><p><blockquote><ul><li>苹果股票最近受到了很多关注,因为它在12月初飙升,并保持了优于市场的表现。</li><li>我们讨论了投资者进入2022年需要关注的关键驱动因素。</li><li>我们还讨论了苹果股价未来是否有可能达到200美元。</li></ul><p class=\"t-img-caption\"><span>贾斯汀·沙利文/盖蒂图片社新闻</span></p></blockquote></p><p><b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p>Apple Inc. (AAPL) has recently drawn significant interest among investors as the stock has continued to outperform the market since early December. It's notable since AAPL stock has lagged the market for almost the whole year. However, investors' interests spiked following the series of successful new product launches, including its pivotal iPhone 13.</p><p><blockquote>苹果公司(AAPL)最近引起了投资者的极大兴趣,因为该股自12月初以来持续跑赢大盘。这一点值得注意,因为苹果公司的股票几乎全年都落后于市场。然而,在一系列成功推出新产品(包括关键的iPhone 13)后,投资者的兴趣激增。</blockquote></p><p>Supply chain checks from numerous sell-side analysts have also demonstrated that the delays over its iPhones have improved markedly. In addition, Goldman Sachs also highlighted that lead times were down significantly in mid-December as Apple continues to leverage strong iPhone demand in its most crucial calendar quarter.</p><p><blockquote>众多卖方分析师的供应链检查也表明,其iPhone的延迟已显着改善。此外,高盛还强调,由于苹果在其最关键的日历季度继续利用强劲的iPhone需求,交货时间在12月中旬大幅下降。</blockquote></p><p>AAPL stock continues to hold its price steadily, briefly topped a $3T market cap milestone. However, there shouldn't be any doubt that AAPL stock has had an unmistakable long-term uptrend over the years. Moreover, given that the company has multiple long-term secular drivers driving its business model, we are confident that the stock can reach $200 in 2022.</p><p><blockquote>AAPL股票继续保持价格稳定,市值一度突破3T美元的里程碑。然而,毫无疑问,苹果公司的股票多年来一直具有明显的长期上升趋势。此外,鉴于该公司有多个长期长期驱动因素推动其商业模式,我们有信心该股在2022年能够达到200美元。</blockquote></p><p>We discuss these critical drivers for AAPL stock as we head into 2022 with the $3T market cap looking over the horizon.</p><p><blockquote>随着3T美元市值即将进入2022年,我们将讨论AAPL股票的这些关键驱动因素。</blockquote></p><p><b>Services Revenue Growth Could Have Been Significantly Understated</b></p><p><blockquote><b>服务收入增长可能被大大低估</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a837d0ef4f22be5610e00a0a6c3b6a5\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Apple revenue and adjusted EBITDA mean consensus estimates. Data source: S&P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果收入和调整后EBITDA意味着共识预期。数据来源:标普资本智商</span></p></blockquote></p><p>Apple bears have often pointed out the deceleration in the company's topline growth as proof of a stock that is massively overvalued. It's easy to understand what they mean. Readers can refer to the chart above, where Apple's revenue growth is estimated to decelerate over the next three years. Consensus estimates point to a revenue CAGR of just 4.6% through FY24. Moreover, its adjusted EBITDA margins are likely to remain consistent. But, AAPL is not projected to gain leverage towards its profitability. Hence, bearish investors claim they don't understand how the Cupertino company can continue to justify its current valuation.</p><p><blockquote>看空苹果的人经常指出,该公司营收增长放缓证明该股被严重高估。很容易理解他们的意思。读者可以参考上图,苹果的收入增长预计将在未来三年内减速。普遍估计表明,到2024财年,收入复合年增长率仅为4.6%。此外,其调整后的EBITDA利润率可能会保持一致。但是,苹果公司预计不会获得盈利能力。因此,看跌的投资者声称他们不明白库比蒂诺公司如何继续证明其当前估值的合理性。</blockquote></p><p>But, we think investors need to step back and consider the critical growth drivers for AAPL moving forward. So let us present our analysis.</p><p><blockquote>但是,我们认为投资者需要退后一步,考虑苹果公司未来的关键增长动力。因此,让我们提出我们的分析。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3850a7b0d906064e94b474a4f50c3fd4\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Apple iPhone and services revenue estimates. Data source: Trefis, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果iPhone和服务收入估计。数据来源:Trefis,作者</span></p></blockquote></p><p>Readers can refer to the above model, where iPhone's revenue is estimated to increase at a CAGR of just 2.2% over the next five years. However, Apple's services segment (including App Store's revenue) is projected to increase its revenue at a CAGR of 11% through FY26, reaching $115B. We think these estimates are relatively conservative. Based on these estimates, a SOTP implied fair value of $159 was reached for AAPL stock. It also includes other segments but was mainly driven by the two critical segments above. iPhone and services accounted for 43% and 25% of its SOTP valuation.</p><p><blockquote>读者可以参考上述模型,iPhone的收入预计未来五年复合年增长率仅为2.2%。然而,苹果的服务部门(包括App Store的收入)预计到2026财年其收入将以11%的复合年增长率增长,达到$115B。我们认为这些估计相对保守。根据这些估计,AAPL股票的SOTP隐含公允价值为159美元。它还包括其他细分市场,但主要由上述两个关键细分市场驱动。iPhone和服务分别占其SOTP估值的43%和25%。</blockquote></p><p>But, we believe that these estimates may not have captured the multiple growth drivers underpinning the App Store. Why?</p><p><blockquote>但是,我们认为这些估计可能没有抓住支撑App Store的多种增长动力。为什么?</blockquote></p><p>Based on recent estimates by Sensor Tower, App Store's revenue is estimated to increase at a CAGR of 20.7% through CY25, reaching $185B. Notably, it's way ahead of the estimate of $115B that we discussed earlier for the entire services segment. Importantly, we have not even included revenue from the other services other than App Store's contribution. Therefore, we think that readers need to consider that the Street consensus may have significantly underestimated the prowess of Apple's highly profitable (estimated operating margin > 70%) App Store.</p><p><blockquote>根据Sensor Tower最近的估计,App Store的收入预计到2025年将以20.7%的复合年增长率增长,达到1850亿美元。值得注意的是,这远远超出了我们之前讨论的整个服务领域115B美元的估计。重要的是,我们甚至没有包括除App Store贡献之外的其他服务的收入。因此,我们认为读者需要考虑到,街头共识可能大大低估了苹果高利润(估计营业利润率>70%)应用商店的实力。</blockquote></p><p>We are not saying that Sensor Tower's estimate is the source of truth. But, we wanted to highlight that investors should pay more attention to Apple's key services segment. Sensor Tower presented a region by region breakdown, which we thought seemed credible, and we encourage investors to monitor closely.</p><p><blockquote>我们并不是说传感器塔的估计是事实的来源。但是,我们想强调的是,投资者应该更多地关注苹果的关键服务领域。Sensor Tower按地区进行了细分,我们认为这似乎可信,我们鼓励投资者密切关注。</blockquote></p><p><b>Don't Ignore Apple's Metaverse Ambitions</b></p><p><blockquote><b>不要忽视苹果的元宇宙野心</b></blockquote></p><p></p><p>Renowned TF International Securities analyst Ming-Chi Kuo estimated that Apple's AR/VR device would be released sometime in Q4'22. We believe this is significant as it augurs well for Apple's ambitions into the metaverse. There's little doubt that Meta Platforms (FB) and Microsoft(MSFT) are strengthening their lead in the consumer and commercial AR/VR space.According to TrendForce, global AR/VR device shipment is estimated to reach 12.02M units, up 26.4% YoY in 2022. Moreover, the market is estimated to grow rapidly through 2025, reaching 25.76M units at a CAGR of 38.8%. Notably, it expects Meta's Oculus devices to maintain a 66% consumer market share. But, TrendForce also noted that (edited):</p><p><blockquote>著名天风国际证券分析师郭明錤估计,苹果的AR/VR设备将于22年第四季度的某个时候发布。我们认为这意义重大,因为它预示着苹果进军虚拟宇宙的雄心。毫无疑问,Meta Platforms(FB)和微软(MSFT)正在巩固其在消费者和商业AR/VR领域的领先地位。根据TrendForce的数据,2022年全球AR/VR设备出货量预计将达到1202万台,同比增长26.4%。此外,预计到2025年,该市场将快速增长,达到2576万辆,CAGR为38.8%。值得注意的是,预计Meta的Oculus设备将保持66%的消费者市场份额。但是,TrendForce还指出(编辑):</blockquote></p><p>AR/VR device suppliers may look to expand their user base and increase their market penetration via low-priced yet high-spec devices,<i>while compensating for their reduced hardware profitability through software sales</i>. (TrendForce)Software sales indeed. Apple runs the largest mobile ecosystem globally, which dwarfs Google Play's (GOOG) (GOOGL) revenue. Therefore, we believe the entry of Apple into the metaverse game could significantly raise the company's monetization opportunities. Theories that Meta Platform has ambitions to displace Apple as the next-gen computing platform abound. However, we have also discussed thatMeta Platforms' eventual metaverse will unlikely be the only virtual world we will ever experience. Instead, the metaverse will likely be a series of interconnected virtual worlds that will be interoperable. So, Apple could still be the critical ecosystem owner as creators build their virtual worlds to be monetized through the App Store, reaching out to Apple's more than 1B (and growing) installed base.</p><p><blockquote>AR/VR设备供应商可能希望通过低价但高规格的设备扩大其用户群并提高其市场渗透率,<i>同时通过软件销售弥补硬件盈利能力的下降</i>.(TrendForce)确实是软件销售。苹果运营着全球最大的移动生态系统,这使得Google Play(GOOG)(GOOGL)的收入相形见绌。因此,我们认为苹果进入元宇宙游戏可能会显着提高该公司的货币化机会。关于Meta Platform有雄心取代苹果成为下一代计算平台的理论比比皆是。然而,我们也讨论过Meta Platforms最终的元宇宙不太可能是我们体验过的唯一虚拟世界。相反,元宇宙很可能是一系列可互操作的互联虚拟世界。因此,苹果仍然可能是关键的生态系统所有者,因为创作者构建他们的虚拟世界,通过App Store赚钱,接触到苹果超过1B(并且不断增长)的安装基础。</blockquote></p><p>TrendForce also added that global VR content revenue is estimated to grow at a rapid 40% CAGR through 2025, reaching $8.3B. The content will be varied but primarily consisting of "gaming/entertainment, videos, and social interactions." Therefore, Apple can continue to leverage such opportunities through its massive ecosystem. We think these opportunities are so novel that it hasn't even been written into Apple's consensus estimates just yet. But, once Apple's AR/VR devices are launched, we believe that the revenue runway could become even more apparent. However, we must still caution that we are still very early into Apple's metaverse ambitions. But, we believe that Apple will be a critical player in defining the metaverse through its ecosystem. It won't be very smart to consider that Apple doesn't have a clearly-defined metaverse strategy.</p><p><blockquote>TrendForce还补充说,预计到2025年,全球VR内容收入将以40%的复合年增长率快速增长,达到83亿美元。内容多种多样,但主要由“游戏/娱乐、视频和社交互动”组成。因此,苹果可以通过其庞大的生态系统继续利用此类机会。我们认为这些机会非常新颖,甚至还没有被写入苹果的共识估计中。但是,一旦苹果的AR/VR设备推出,我们相信收入跑道可能会变得更加明显。然而,我们仍然必须警告,我们对苹果的元宇宙雄心还为时过早。但是,我们相信苹果将成为通过其生态系统定义虚拟宇宙的关键参与者。考虑到苹果没有明确定义的元宇宙战略,这并不是很明智。</blockquote></p><p><b>So, is AAPL Stock a Buy Now?</b></p><p><blockquote><b>那么,AAPL股票现在值得买入吗?</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6087fafa5c6ee0f2958f8d29919c3eb5\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/><span>AAPL stock EV/NTM EBIT, and Normalized P/E (NTM) 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AAPL股票EV/NTM息税前利润和标准化市盈率(NTM)3年平均值。</span></p></blockquote></p><p>If you consider AAPL stock's relative valuation against its 3Y mean, there's little doubt that AAPL stock seems expensive. It's trading at an EV/NTM EBIT of 26x, way above its 3Y mean of 19.3x. In addition, its normalized P/E (NTM) also read 31.2x, significantly ahead of its 3Y mean of 23.9x. Therefore, we wouldn't blame bearish investors who think that AAPL stock seems well overvalued now.</p><p><blockquote>如果你考虑AAPL股票与其3年平均值的相对估值,毫无疑问,AAPL股票似乎很昂贵。其EV/NTM息税前利润为26倍,远高于19.3倍的3年平均水平。此外,其标准化市盈率(NTM)也为31.2倍,远高于23.9倍的3年平均值。因此,我们不会责怪那些认为苹果公司股票现在似乎被高估的看跌投资者。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c889e6a8aa5fe9751c5d695481f9d3b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Apple unlevered FCF estimates. Data source: S&P Capital IQ, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果无杠杆自由现金流估计。数据来源:标普资本智商,作者</span></p></blockquote></p><p>However, we also estimated that AAPL stock would continue to generate robust FCF growth over time. Moreover, our model is even more conservative than the consensus estimates. In addition, we have also not considered Sensor Tower's estimates or Apple's metaverse opportunities that we discussed earlier. Nevertheless, it led us towards a DCF implied fair value estimate of $153, which we highlighted in our previous article. It's also quite close to our SOTP implied fair value of $159 that we showed earlier. Therefore, it's clear that these estimates have not factored for the robust services growth and the potential metaverse opportunities that could accrue to Apple over the next five to ten years.</p><p><blockquote>然而,我们还估计,随着时间的推移,AAPL股票将继续产生强劲的自由现金流增长。此外,我们的模型甚至比共识估计更加保守。此外,我们也没有考虑Sensor Tower的估计或我们之前讨论的苹果元宇宙机会。尽管如此,它使我们得出了153美元的DCF隐含公允价值估计,这是我们在上一篇文章中强调的。它也非常接近我们之前显示的SOTP隐含公允价值159美元。因此,很明显,这些估计没有考虑到苹果在未来五到十年内可能带来的强劲服务增长和潜在的元宇宙机会。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de1380b774a68d31c93eaf939fb99e27\" tg-width=\"640\" tg-height=\"347\" referrerpolicy=\"no-referrer\"/><span>AAPL stock price action.</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果公司股价走势。</span></p></blockquote></p><p>Nevertheless, we think that AAPL stock looks extended, as seen above. But, as mentioned, it wouldn't be very smart for investors to bet against CEO Tim Cook & Co. The stock's long-term uptrend is clear for all to observe.</p><p><blockquote>尽管如此,我们认为苹果公司的股票看起来会上涨,如上所示。但是,如前所述,投资者做空首席执行官蒂姆·库克公司并不是很明智。该股的长期上升趋势有目共睹。</blockquote></p><p></p><p>So, we are clear that the stock would likely break the $200 level in 2022 as the excitement surrounding its AR/VR launch gets closers, coupled with its services segment revenue growth in its earnings releases. As a result, we believe that AAPL's stock price could be re-rated to reflect its potential over the next year.</p><p><blockquote>因此,我们很清楚,随着围绕其AR/VR发布的兴奋越来越近,再加上其财报中服务部门收入的增长,该股可能会在2022年突破200美元的水平。因此,我们认为苹果公司的股价可能会重新评级,以反映其明年的潜力。</blockquote></p><p>Nevertheless, due to its over-extended price action, we encourage some patience with AAPL stock. But, if you have no AAPL stock, we think you can consider adding at this price if you are a long-term investor. We don't believe it's significantly overvalued, as discussed earlier. But, if you already have considerable exposure relative to your portfolio, we think you can wait for a potentially better entry point with some patience.</p><p><blockquote>尽管如此,由于其过度的价格走势,我们鼓励对AAPL股票保持一定的耐心。但是,如果您没有AAPL股票,我们认为如果您是长期投资者,您可以考虑以这个价格买入。正如前面讨论的,我们不认为它被严重高估。但是,如果您相对于您的投资组合已经拥有相当大的敞口,我们认为您可以耐心等待潜在的更好的切入点。</blockquote></p><p>Therefore, we reiterate our Neutral rating on AAPL stock for now.</p><p><blockquote>因此,我们暂时重申对AAPL股票的中性评级。</blockquote></p><p>This article was written by JR Research.</p><p><blockquote>本文由JR Research撰写。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock Likely To Reach $200 In 2022?<blockquote>苹果股价有可能在2022年达到200美元吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple Stock Likely To Reach $200 In 2022?<blockquote>苹果股价有可能在2022年达到200美元吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2022-01-04 11:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Summary</b></p><p><blockquote><html><head></head><body><b>总结</b></body></html></blockquote></p><p><ul><li>Apple stock received a lot of interest recently as it surged in early December and has maintained its market outperformance.</li><li>We discuss the critical drivers for investors to watch moving into 2022.</li><li>We also discuss whether Apple stock is likely to reach $200 moving forward.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e9d29c6db997dd98e087415e7e2acfe\" tg-width=\"1536\" tg-height=\"1036\" referrerpolicy=\"no-referrer\"/><span>Justin Sullivan/Getty Images News</span></p><p><blockquote><ul><li>苹果股票最近受到了很多关注,因为它在12月初飙升,并保持了优于市场的表现。</li><li>我们讨论了投资者进入2022年需要关注的关键驱动因素。</li><li>我们还讨论了苹果股价未来是否有可能达到200美元。</li></ul><p class=\"t-img-caption\"><span>贾斯汀·沙利文/盖蒂图片社新闻</span></p></blockquote></p><p><b>Investment Thesis</b></p><p><blockquote><b>投资论文</b></blockquote></p><p>Apple Inc. (AAPL) has recently drawn significant interest among investors as the stock has continued to outperform the market since early December. It's notable since AAPL stock has lagged the market for almost the whole year. However, investors' interests spiked following the series of successful new product launches, including its pivotal iPhone 13.</p><p><blockquote>苹果公司(AAPL)最近引起了投资者的极大兴趣,因为该股自12月初以来持续跑赢大盘。这一点值得注意,因为苹果公司的股票几乎全年都落后于市场。然而,在一系列成功推出新产品(包括关键的iPhone 13)后,投资者的兴趣激增。</blockquote></p><p>Supply chain checks from numerous sell-side analysts have also demonstrated that the delays over its iPhones have improved markedly. In addition, Goldman Sachs also highlighted that lead times were down significantly in mid-December as Apple continues to leverage strong iPhone demand in its most crucial calendar quarter.</p><p><blockquote>众多卖方分析师的供应链检查也表明,其iPhone的延迟已显着改善。此外,高盛还强调,由于苹果在其最关键的日历季度继续利用强劲的iPhone需求,交货时间在12月中旬大幅下降。</blockquote></p><p>AAPL stock continues to hold its price steadily, briefly topped a $3T market cap milestone. However, there shouldn't be any doubt that AAPL stock has had an unmistakable long-term uptrend over the years. Moreover, given that the company has multiple long-term secular drivers driving its business model, we are confident that the stock can reach $200 in 2022.</p><p><blockquote>AAPL股票继续保持价格稳定,市值一度突破3T美元的里程碑。然而,毫无疑问,苹果公司的股票多年来一直具有明显的长期上升趋势。此外,鉴于该公司有多个长期长期驱动因素推动其商业模式,我们有信心该股在2022年能够达到200美元。</blockquote></p><p>We discuss these critical drivers for AAPL stock as we head into 2022 with the $3T market cap looking over the horizon.</p><p><blockquote>随着3T美元市值即将进入2022年,我们将讨论AAPL股票的这些关键驱动因素。</blockquote></p><p><b>Services Revenue Growth Could Have Been Significantly Understated</b></p><p><blockquote><b>服务收入增长可能被大大低估</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a837d0ef4f22be5610e00a0a6c3b6a5\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Apple revenue and adjusted EBITDA mean consensus estimates. Data source: S&P Capital IQ</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果收入和调整后EBITDA意味着共识预期。数据来源:标普资本智商</span></p></blockquote></p><p>Apple bears have often pointed out the deceleration in the company's topline growth as proof of a stock that is massively overvalued. It's easy to understand what they mean. Readers can refer to the chart above, where Apple's revenue growth is estimated to decelerate over the next three years. Consensus estimates point to a revenue CAGR of just 4.6% through FY24. Moreover, its adjusted EBITDA margins are likely to remain consistent. But, AAPL is not projected to gain leverage towards its profitability. Hence, bearish investors claim they don't understand how the Cupertino company can continue to justify its current valuation.</p><p><blockquote>看空苹果的人经常指出,该公司营收增长放缓证明该股被严重高估。很容易理解他们的意思。读者可以参考上图,苹果的收入增长预计将在未来三年内减速。普遍估计表明,到2024财年,收入复合年增长率仅为4.6%。此外,其调整后的EBITDA利润率可能会保持一致。但是,苹果公司预计不会获得盈利能力。因此,看跌的投资者声称他们不明白库比蒂诺公司如何继续证明其当前估值的合理性。</blockquote></p><p>But, we think investors need to step back and consider the critical growth drivers for AAPL moving forward. So let us present our analysis.</p><p><blockquote>但是,我们认为投资者需要退后一步,考虑苹果公司未来的关键增长动力。因此,让我们提出我们的分析。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3850a7b0d906064e94b474a4f50c3fd4\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Apple iPhone and services revenue estimates. Data source: Trefis, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果iPhone和服务收入估计。数据来源:Trefis,作者</span></p></blockquote></p><p>Readers can refer to the above model, where iPhone's revenue is estimated to increase at a CAGR of just 2.2% over the next five years. However, Apple's services segment (including App Store's revenue) is projected to increase its revenue at a CAGR of 11% through FY26, reaching $115B. We think these estimates are relatively conservative. Based on these estimates, a SOTP implied fair value of $159 was reached for AAPL stock. It also includes other segments but was mainly driven by the two critical segments above. iPhone and services accounted for 43% and 25% of its SOTP valuation.</p><p><blockquote>读者可以参考上述模型,iPhone的收入预计未来五年复合年增长率仅为2.2%。然而,苹果的服务部门(包括App Store的收入)预计到2026财年其收入将以11%的复合年增长率增长,达到$115B。我们认为这些估计相对保守。根据这些估计,AAPL股票的SOTP隐含公允价值为159美元。它还包括其他细分市场,但主要由上述两个关键细分市场驱动。iPhone和服务分别占其SOTP估值的43%和25%。</blockquote></p><p>But, we believe that these estimates may not have captured the multiple growth drivers underpinning the App Store. Why?</p><p><blockquote>但是,我们认为这些估计可能没有抓住支撑App Store的多种增长动力。为什么?</blockquote></p><p>Based on recent estimates by Sensor Tower, App Store's revenue is estimated to increase at a CAGR of 20.7% through CY25, reaching $185B. Notably, it's way ahead of the estimate of $115B that we discussed earlier for the entire services segment. Importantly, we have not even included revenue from the other services other than App Store's contribution. Therefore, we think that readers need to consider that the Street consensus may have significantly underestimated the prowess of Apple's highly profitable (estimated operating margin > 70%) App Store.</p><p><blockquote>根据Sensor Tower最近的估计,App Store的收入预计到2025年将以20.7%的复合年增长率增长,达到1850亿美元。值得注意的是,这远远超出了我们之前讨论的整个服务领域115B美元的估计。重要的是,我们甚至没有包括除App Store贡献之外的其他服务的收入。因此,我们认为读者需要考虑到,街头共识可能大大低估了苹果高利润(估计营业利润率>70%)应用商店的实力。</blockquote></p><p>We are not saying that Sensor Tower's estimate is the source of truth. But, we wanted to highlight that investors should pay more attention to Apple's key services segment. Sensor Tower presented a region by region breakdown, which we thought seemed credible, and we encourage investors to monitor closely.</p><p><blockquote>我们并不是说传感器塔的估计是事实的来源。但是,我们想强调的是,投资者应该更多地关注苹果的关键服务领域。Sensor Tower按地区进行了细分,我们认为这似乎可信,我们鼓励投资者密切关注。</blockquote></p><p><b>Don't Ignore Apple's Metaverse Ambitions</b></p><p><blockquote><b>不要忽视苹果的元宇宙野心</b></blockquote></p><p></p><p>Renowned TF International Securities analyst Ming-Chi Kuo estimated that Apple's AR/VR device would be released sometime in Q4'22. We believe this is significant as it augurs well for Apple's ambitions into the metaverse. There's little doubt that Meta Platforms (FB) and Microsoft(MSFT) are strengthening their lead in the consumer and commercial AR/VR space.According to TrendForce, global AR/VR device shipment is estimated to reach 12.02M units, up 26.4% YoY in 2022. Moreover, the market is estimated to grow rapidly through 2025, reaching 25.76M units at a CAGR of 38.8%. Notably, it expects Meta's Oculus devices to maintain a 66% consumer market share. But, TrendForce also noted that (edited):</p><p><blockquote>著名天风国际证券分析师郭明錤估计,苹果的AR/VR设备将于22年第四季度的某个时候发布。我们认为这意义重大,因为它预示着苹果进军虚拟宇宙的雄心。毫无疑问,Meta Platforms(FB)和微软(MSFT)正在巩固其在消费者和商业AR/VR领域的领先地位。根据TrendForce的数据,2022年全球AR/VR设备出货量预计将达到1202万台,同比增长26.4%。此外,预计到2025年,该市场将快速增长,达到2576万辆,CAGR为38.8%。值得注意的是,预计Meta的Oculus设备将保持66%的消费者市场份额。但是,TrendForce还指出(编辑):</blockquote></p><p>AR/VR device suppliers may look to expand their user base and increase their market penetration via low-priced yet high-spec devices,<i>while compensating for their reduced hardware profitability through software sales</i>. (TrendForce)Software sales indeed. Apple runs the largest mobile ecosystem globally, which dwarfs Google Play's (GOOG) (GOOGL) revenue. Therefore, we believe the entry of Apple into the metaverse game could significantly raise the company's monetization opportunities. Theories that Meta Platform has ambitions to displace Apple as the next-gen computing platform abound. However, we have also discussed thatMeta Platforms' eventual metaverse will unlikely be the only virtual world we will ever experience. Instead, the metaverse will likely be a series of interconnected virtual worlds that will be interoperable. So, Apple could still be the critical ecosystem owner as creators build their virtual worlds to be monetized through the App Store, reaching out to Apple's more than 1B (and growing) installed base.</p><p><blockquote>AR/VR设备供应商可能希望通过低价但高规格的设备扩大其用户群并提高其市场渗透率,<i>同时通过软件销售弥补硬件盈利能力的下降</i>.(TrendForce)确实是软件销售。苹果运营着全球最大的移动生态系统,这使得Google Play(GOOG)(GOOGL)的收入相形见绌。因此,我们认为苹果进入元宇宙游戏可能会显着提高该公司的货币化机会。关于Meta Platform有雄心取代苹果成为下一代计算平台的理论比比皆是。然而,我们也讨论过Meta Platforms最终的元宇宙不太可能是我们体验过的唯一虚拟世界。相反,元宇宙很可能是一系列可互操作的互联虚拟世界。因此,苹果仍然可能是关键的生态系统所有者,因为创作者构建他们的虚拟世界,通过App Store赚钱,接触到苹果超过1B(并且不断增长)的安装基础。</blockquote></p><p>TrendForce also added that global VR content revenue is estimated to grow at a rapid 40% CAGR through 2025, reaching $8.3B. The content will be varied but primarily consisting of "gaming/entertainment, videos, and social interactions." Therefore, Apple can continue to leverage such opportunities through its massive ecosystem. We think these opportunities are so novel that it hasn't even been written into Apple's consensus estimates just yet. But, once Apple's AR/VR devices are launched, we believe that the revenue runway could become even more apparent. However, we must still caution that we are still very early into Apple's metaverse ambitions. But, we believe that Apple will be a critical player in defining the metaverse through its ecosystem. It won't be very smart to consider that Apple doesn't have a clearly-defined metaverse strategy.</p><p><blockquote>TrendForce还补充说,预计到2025年,全球VR内容收入将以40%的复合年增长率快速增长,达到83亿美元。内容多种多样,但主要由“游戏/娱乐、视频和社交互动”组成。因此,苹果可以通过其庞大的生态系统继续利用此类机会。我们认为这些机会非常新颖,甚至还没有被写入苹果的共识估计中。但是,一旦苹果的AR/VR设备推出,我们相信收入跑道可能会变得更加明显。然而,我们仍然必须警告,我们对苹果的元宇宙雄心还为时过早。但是,我们相信苹果将成为通过其生态系统定义虚拟宇宙的关键参与者。考虑到苹果没有明确定义的元宇宙战略,这并不是很明智。</blockquote></p><p><b>So, is AAPL Stock a Buy Now?</b></p><p><blockquote><b>那么,AAPL股票现在值得买入吗?</b></blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6087fafa5c6ee0f2958f8d29919c3eb5\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/><span>AAPL stock EV/NTM EBIT, and Normalized P/E (NTM) 3Y mean.</span></p><p><blockquote><p class=\"t-img-caption\"><span>AAPL股票EV/NTM息税前利润和标准化市盈率(NTM)3年平均值。</span></p></blockquote></p><p>If you consider AAPL stock's relative valuation against its 3Y mean, there's little doubt that AAPL stock seems expensive. It's trading at an EV/NTM EBIT of 26x, way above its 3Y mean of 19.3x. In addition, its normalized P/E (NTM) also read 31.2x, significantly ahead of its 3Y mean of 23.9x. Therefore, we wouldn't blame bearish investors who think that AAPL stock seems well overvalued now.</p><p><blockquote>如果你考虑AAPL股票与其3年平均值的相对估值,毫无疑问,AAPL股票似乎很昂贵。其EV/NTM息税前利润为26倍,远高于19.3倍的3年平均水平。此外,其标准化市盈率(NTM)也为31.2倍,远高于23.9倍的3年平均值。因此,我们不会责怪那些认为苹果公司股票现在似乎被高估的看跌投资者。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c889e6a8aa5fe9751c5d695481f9d3b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Apple unlevered FCF estimates. Data source: S&P Capital IQ, author</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果无杠杆自由现金流估计。数据来源:标普资本智商,作者</span></p></blockquote></p><p>However, we also estimated that AAPL stock would continue to generate robust FCF growth over time. Moreover, our model is even more conservative than the consensus estimates. In addition, we have also not considered Sensor Tower's estimates or Apple's metaverse opportunities that we discussed earlier. Nevertheless, it led us towards a DCF implied fair value estimate of $153, which we highlighted in our previous article. It's also quite close to our SOTP implied fair value of $159 that we showed earlier. Therefore, it's clear that these estimates have not factored for the robust services growth and the potential metaverse opportunities that could accrue to Apple over the next five to ten years.</p><p><blockquote>然而,我们还估计,随着时间的推移,AAPL股票将继续产生强劲的自由现金流增长。此外,我们的模型甚至比共识估计更加保守。此外,我们也没有考虑Sensor Tower的估计或我们之前讨论的苹果元宇宙机会。尽管如此,它使我们得出了153美元的DCF隐含公允价值估计,这是我们在上一篇文章中强调的。它也非常接近我们之前显示的SOTP隐含公允价值159美元。因此,很明显,这些估计没有考虑到苹果在未来五到十年内可能带来的强劲服务增长和潜在的元宇宙机会。</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de1380b774a68d31c93eaf939fb99e27\" tg-width=\"640\" tg-height=\"347\" referrerpolicy=\"no-referrer\"/><span>AAPL stock price action.</span></p><p><blockquote><p class=\"t-img-caption\"><span>苹果公司股价走势。</span></p></blockquote></p><p>Nevertheless, we think that AAPL stock looks extended, as seen above. But, as mentioned, it wouldn't be very smart for investors to bet against CEO Tim Cook & Co. The stock's long-term uptrend is clear for all to observe.</p><p><blockquote>尽管如此,我们认为苹果公司的股票看起来会上涨,如上所示。但是,如前所述,投资者做空首席执行官蒂姆·库克公司并不是很明智。该股的长期上升趋势有目共睹。</blockquote></p><p></p><p>So, we are clear that the stock would likely break the $200 level in 2022 as the excitement surrounding its AR/VR launch gets closers, coupled with its services segment revenue growth in its earnings releases. As a result, we believe that AAPL's stock price could be re-rated to reflect its potential over the next year.</p><p><blockquote>因此,我们很清楚,随着围绕其AR/VR发布的兴奋越来越近,再加上其财报中服务部门收入的增长,该股可能会在2022年突破200美元的水平。因此,我们认为苹果公司的股价可能会重新评级,以反映其明年的潜力。</blockquote></p><p>Nevertheless, due to its over-extended price action, we encourage some patience with AAPL stock. But, if you have no AAPL stock, we think you can consider adding at this price if you are a long-term investor. We don't believe it's significantly overvalued, as discussed earlier. But, if you already have considerable exposure relative to your portfolio, we think you can wait for a potentially better entry point with some patience.</p><p><blockquote>尽管如此,由于其过度的价格走势,我们鼓励对AAPL股票保持一定的耐心。但是,如果您没有AAPL股票,我们认为如果您是长期投资者,您可以考虑以这个价格买入。正如前面讨论的,我们不认为它被严重高估。但是,如果您相对于您的投资组合已经拥有相当大的敞口,我们认为您可以耐心等待潜在的更好的切入点。</blockquote></p><p>Therefore, we reiterate our Neutral rating on AAPL stock for now.</p><p><blockquote>因此,我们暂时重申对AAPL股票的中性评级。</blockquote></p><p>This article was written by JR Research.</p><p><blockquote>本文由JR Research撰写。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/article/4477741-apple-stock-reach-200-in-2022\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4477741-apple-stock-reach-200-in-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179133564","content_text":"SummaryApple stock received a lot of interest recently as it surged in early December and has maintained its market outperformance.We discuss the critical drivers for investors to watch moving into 2022.We also discuss whether Apple stock is likely to reach $200 moving forward.Justin Sullivan/Getty Images NewsInvestment ThesisApple Inc. (AAPL) has recently drawn significant interest among investors as the stock has continued to outperform the market since early December. It's notable since AAPL stock has lagged the market for almost the whole year. However, investors' interests spiked following the series of successful new product launches, including its pivotal iPhone 13.Supply chain checks from numerous sell-side analysts have also demonstrated that the delays over its iPhones have improved markedly. In addition, Goldman Sachs also highlighted that lead times were down significantly in mid-December as Apple continues to leverage strong iPhone demand in its most crucial calendar quarter.AAPL stock continues to hold its price steadily, briefly topped a $3T market cap milestone. However, there shouldn't be any doubt that AAPL stock has had an unmistakable long-term uptrend over the years. Moreover, given that the company has multiple long-term secular drivers driving its business model, we are confident that the stock can reach $200 in 2022.We discuss these critical drivers for AAPL stock as we head into 2022 with the $3T market cap looking over the horizon.Services Revenue Growth Could Have Been Significantly UnderstatedApple revenue and adjusted EBITDA mean consensus estimates. Data source: S&P Capital IQApple bears have often pointed out the deceleration in the company's topline growth as proof of a stock that is massively overvalued. It's easy to understand what they mean. Readers can refer to the chart above, where Apple's revenue growth is estimated to decelerate over the next three years. Consensus estimates point to a revenue CAGR of just 4.6% through FY24. Moreover, its adjusted EBITDA margins are likely to remain consistent. But, AAPL is not projected to gain leverage towards its profitability. Hence, bearish investors claim they don't understand how the Cupertino company can continue to justify its current valuation.But, we think investors need to step back and consider the critical growth drivers for AAPL moving forward. So let us present our analysis.Apple iPhone and services revenue estimates. Data source: Trefis, authorReaders can refer to the above model, where iPhone's revenue is estimated to increase at a CAGR of just 2.2% over the next five years. However, Apple's services segment (including App Store's revenue) is projected to increase its revenue at a CAGR of 11% through FY26, reaching $115B. We think these estimates are relatively conservative. Based on these estimates, a SOTP implied fair value of $159 was reached for AAPL stock. It also includes other segments but was mainly driven by the two critical segments above. iPhone and services accounted for 43% and 25% of its SOTP valuation.But, we believe that these estimates may not have captured the multiple growth drivers underpinning the App Store. Why?Based on recent estimates by Sensor Tower, App Store's revenue is estimated to increase at a CAGR of 20.7% through CY25, reaching $185B. Notably, it's way ahead of the estimate of $115B that we discussed earlier for the entire services segment. Importantly, we have not even included revenue from the other services other than App Store's contribution. Therefore, we think that readers need to consider that the Street consensus may have significantly underestimated the prowess of Apple's highly profitable (estimated operating margin > 70%) App Store.We are not saying that Sensor Tower's estimate is the source of truth. But, we wanted to highlight that investors should pay more attention to Apple's key services segment. Sensor Tower presented a region by region breakdown, which we thought seemed credible, and we encourage investors to monitor closely.Don't Ignore Apple's Metaverse AmbitionsRenowned TF International Securities analyst Ming-Chi Kuo estimated that Apple's AR/VR device would be released sometime in Q4'22. We believe this is significant as it augurs well for Apple's ambitions into the metaverse. There's little doubt that Meta Platforms (FB) and Microsoft(MSFT) are strengthening their lead in the consumer and commercial AR/VR space.According to TrendForce, global AR/VR device shipment is estimated to reach 12.02M units, up 26.4% YoY in 2022. Moreover, the market is estimated to grow rapidly through 2025, reaching 25.76M units at a CAGR of 38.8%. Notably, it expects Meta's Oculus devices to maintain a 66% consumer market share. But, TrendForce also noted that (edited):AR/VR device suppliers may look to expand their user base and increase their market penetration via low-priced yet high-spec devices,while compensating for their reduced hardware profitability through software sales. (TrendForce)Software sales indeed. Apple runs the largest mobile ecosystem globally, which dwarfs Google Play's (GOOG) (GOOGL) revenue. Therefore, we believe the entry of Apple into the metaverse game could significantly raise the company's monetization opportunities. Theories that Meta Platform has ambitions to displace Apple as the next-gen computing platform abound. However, we have also discussed thatMeta Platforms' eventual metaverse will unlikely be the only virtual world we will ever experience. Instead, the metaverse will likely be a series of interconnected virtual worlds that will be interoperable. So, Apple could still be the critical ecosystem owner as creators build their virtual worlds to be monetized through the App Store, reaching out to Apple's more than 1B (and growing) installed base.TrendForce also added that global VR content revenue is estimated to grow at a rapid 40% CAGR through 2025, reaching $8.3B. The content will be varied but primarily consisting of \"gaming/entertainment, videos, and social interactions.\" Therefore, Apple can continue to leverage such opportunities through its massive ecosystem. We think these opportunities are so novel that it hasn't even been written into Apple's consensus estimates just yet. But, once Apple's AR/VR devices are launched, we believe that the revenue runway could become even more apparent. However, we must still caution that we are still very early into Apple's metaverse ambitions. But, we believe that Apple will be a critical player in defining the metaverse through its ecosystem. It won't be very smart to consider that Apple doesn't have a clearly-defined metaverse strategy.So, is AAPL Stock a Buy Now?AAPL stock EV/NTM EBIT, and Normalized P/E (NTM) 3Y mean.If you consider AAPL stock's relative valuation against its 3Y mean, there's little doubt that AAPL stock seems expensive. It's trading at an EV/NTM EBIT of 26x, way above its 3Y mean of 19.3x. In addition, its normalized P/E (NTM) also read 31.2x, significantly ahead of its 3Y mean of 23.9x. Therefore, we wouldn't blame bearish investors who think that AAPL stock seems well overvalued now.Apple unlevered FCF estimates. Data source: S&P Capital IQ, authorHowever, we also estimated that AAPL stock would continue to generate robust FCF growth over time. Moreover, our model is even more conservative than the consensus estimates. In addition, we have also not considered Sensor Tower's estimates or Apple's metaverse opportunities that we discussed earlier. Nevertheless, it led us towards a DCF implied fair value estimate of $153, which we highlighted in our previous article. It's also quite close to our SOTP implied fair value of $159 that we showed earlier. Therefore, it's clear that these estimates have not factored for the robust services growth and the potential metaverse opportunities that could accrue to Apple over the next five to ten years.AAPL stock price action.Nevertheless, we think that AAPL stock looks extended, as seen above. But, as mentioned, it wouldn't be very smart for investors to bet against CEO Tim Cook & Co. The stock's long-term uptrend is clear for all to observe.So, we are clear that the stock would likely break the $200 level in 2022 as the excitement surrounding its AR/VR launch gets closers, coupled with its services segment revenue growth in its earnings releases. As a result, we believe that AAPL's stock price could be re-rated to reflect its potential over the next year.Nevertheless, due to its over-extended price action, we encourage some patience with AAPL stock. But, if you have no AAPL stock, we think you can consider adding at this price if you are a long-term investor. We don't believe it's significantly overvalued, as discussed earlier. But, if you already have considerable exposure relative to your portfolio, we think you can wait for a potentially better entry point with some patience.Therefore, we reiterate our Neutral rating on AAPL stock for now.This article was written by JR Research.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692416693,"gmtCreate":1641167962781,"gmtModify":1641167963137,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692416693","repostId":"2200444738","repostType":4,"isVote":1,"tweetType":1,"viewCount":2641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":692544050,"gmtCreate":1641101074584,"gmtModify":1641101074931,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692544050","repostId":"1173416252","repostType":4,"repost":{"id":"1173416252","kind":"news","pubTimestamp":1641085354,"share":"https://www.laohu8.com/m/news/1173416252?lang=zh_CN&edition=full","pubTime":"2022-01-02 09:02","market":"us","language":"en","title":"XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla<blockquote>小鹏汽车、蔚来、理想汽车报告12月份交付量较大。这对特斯拉有好处</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173416252","media":"Barrons","summary":"The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning","content":"<p><html><head></head><body>The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.</p><p><blockquote><html><head></head><body>三家在美国上市的中国电动汽车制造商在2022年开局良好,均公布了12月份的大幅交付数据。</body></html></blockquote></p><p>NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning each reported deliveries. Combined, the three shipped more than 40,000 units. That’s a monthly record and is one sign that Tesla (TSLA) should post its own big number when it reports fourth delivery figures in coming days.</p><p><blockquote>蔚来(股票代码:蔚来)、小鹏汽车(XPEV)和理想汽车(LI)周六上午分别报告了交付情况。三者合计出货量超过4万台。这是一个月度记录,也是特斯拉(TSLA)在未来几天报告第四次交付数据时应该公布自己的大数字的一个迹象。</blockquote></p><p>About 25% of all Tesla deliveries are generated in China. Investors expect Tesla to report north of 280,000 deliveries worldwide for the fourth quarter.</p><p><blockquote>约25%的特斯拉交付量来自中国。投资者预计特斯拉第四季度全球交付量将超过28万辆。</blockquote></p><p>Among the Chinese three, XPeng took the December, and 2021, crown reporting 16,000 deliveries, a new monthly record. For all of 2021, XPeng delivered 98,155 vehicles, up 263% compared with 2020.</p><p><blockquote>在中国三大汽车中,小鹏汽车在12月和2021年交付量均为16,000辆,创下月度新纪录。2021年全年,小鹏汽车交付了98,155辆汽车,较2020年增长263%。</blockquote></p><p>Li delivered 14,087 units in December. That’s a monthly record for Li too. For all of 2021, Li delivered 90,491 vehicles, up 177% compared with 2020.</p><p><blockquote>Li在12月份交付了14,087台。这也是李的月度记录。2021年全年,理想汽车交付了90,491辆汽车,较2020年增长177%。</blockquote></p><p>NIO didn’t set a new monthly record, just missing it by a few hundred units. The company shipped 10,489 vehicles in December. NIO’s monthly delivery record came in November, when it shipped 10,878 units. For the full year, NIO delivered 91,429 vehicles in 2021, up 109% compared with 2020.</p><p><blockquote>蔚来没有创造新的月度纪录,只是差了几百台。该公司12月份出货量为10,489辆。蔚来的月度交付记录出现在11月份,当时出货量为10,878辆。2021年全年,蔚来交付了91,429辆汽车,较2020年增长109%。</blockquote></p><p>Even though XPeng delivered more cars in 2021, NIO has still delivered the most of the three over the company’s life. NIO has delivered more than 167,000 vehicles life to date. XPeng and Li have delivered about 125,000 and 123,000 vehicle, respectively.</p><p><blockquote>尽管小鹏汽车在2021年交付了更多汽车,但蔚来在公司生命周期中仍然交付了这三款汽车中最多的。迄今为止,蔚来已交付超过167,000辆汽车。小鹏汽车和理想汽车分别交付了约125,000辆和123,000辆汽车。</blockquote></p><p>December vehicle deliveries for all EV producers might have been boosted by a subsidy cut coming for Chinese car buyers in 2022. Buyers rushed to get a slightly better deal. The Chinese purchase subsidy for an EV is about 10,000 Yuan, ($1,500), from 14,400 Yuan ($2,200). The $700 difference amounts to about a 2% price bump for typical EVs.</p><p><blockquote>2022年中国购车者补贴削减可能会提振所有电动汽车生产商12月份的汽车交付量。买家争先恐后地想要一个稍微好一点的交易。中国对电动汽车的购买补贴约为10,000元人民币(1,500美元),从14,400元人民币(2,200美元)起。700美元的差异相当于典型电动汽车的价格上涨约2%。</blockquote></p><p>Falling subsidies are one factor investors will have to consider regarding Tesla and Chinese EV makers in 2022. But higher December deliveries mean that earnings estimates for NIO, XPeng, Li, and likely Tesla, will rise in coming weeks. More cars than expected means more sales and better bottom line results.</p><p><blockquote>补贴下降是投资者在2022年考虑特斯拉和中国电动汽车制造商时必须考虑的因素之一。但12月份交付量的增加意味着蔚来、小鹏汽车、理想汽车以及特斯拉的盈利预期将在未来几周内上升。比预期更多的汽车意味着更多的销量和更好的底线结果。</blockquote></p><p>Strong delivery results might also help shares early in 2022. Shares of Tesla, XPeng and Li had a good to great 2021, gaining 50%, 18% and 11%, respectively. NIO shares struggled, dropping 35% in 2021. The S&P 500 and Dow Jones Industrial Average gained 27% and 19%, respectively.</p><p><blockquote>强劲的交付业绩也可能有助于2022年初的股价上涨。特斯拉、小鹏汽车和理想汽车的股价在2021年表现良好,分别上涨50%、18%和11%。蔚来股价陷入困境,2021年下跌35%。标普500和道琼斯工业平均指数分别上涨27%和19%。</blockquote></p><p>Starting valuation is one reason for NIO stock’s struggles. Even after underperforming, NIO’s market capitalization is about $54 billion, more than the $43 billion market cap of XPeng and the $33 billion market cap of Li.</p><p><blockquote>开始估值是蔚来股票陷入困境的原因之一。即使表现不佳,蔚来的市值仍约为540亿美元,超过了小鹏汽车430亿美元的市值和理想汽车330亿美元的市值。</blockquote></p><p>Tesla, of course, ended 2021 with a market capitalization north of $1 trillion. It’s expected to deliver about 900,000 vehicles for 2021.</p><p><blockquote>当然,特斯拉在2021年底的市值超过了1万亿美元。预计2021年将交付约90万辆汽车。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","source":"market_watch","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>XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla<blockquote>小鹏汽车、蔚来、理想汽车报告12月份交付量较大。这对特斯拉有好处</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\">\nXPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla<blockquote>小鹏汽车、蔚来、理想汽车报告12月份交付量较大。这对特斯拉有好处</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2022-01-02 09:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.</p><p><blockquote><html><head></head><body>三家在美国上市的中国电动汽车制造商在2022年开局良好,均公布了12月份的大幅交付数据。</body></html></blockquote></p><p>NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning each reported deliveries. Combined, the three shipped more than 40,000 units. That’s a monthly record and is one sign that Tesla (TSLA) should post its own big number when it reports fourth delivery figures in coming days.</p><p><blockquote>蔚来(股票代码:蔚来)、小鹏汽车(XPEV)和理想汽车(LI)周六上午分别报告了交付情况。三者合计出货量超过4万台。这是一个月度记录,也是特斯拉(TSLA)在未来几天报告第四次交付数据时应该公布自己的大数字的一个迹象。</blockquote></p><p>About 25% of all Tesla deliveries are generated in China. Investors expect Tesla to report north of 280,000 deliveries worldwide for the fourth quarter.</p><p><blockquote>约25%的特斯拉交付量来自中国。投资者预计特斯拉第四季度全球交付量将超过28万辆。</blockquote></p><p>Among the Chinese three, XPeng took the December, and 2021, crown reporting 16,000 deliveries, a new monthly record. For all of 2021, XPeng delivered 98,155 vehicles, up 263% compared with 2020.</p><p><blockquote>在中国三大汽车中,小鹏汽车在12月和2021年交付量均为16,000辆,创下月度新纪录。2021年全年,小鹏汽车交付了98,155辆汽车,较2020年增长263%。</blockquote></p><p>Li delivered 14,087 units in December. That’s a monthly record for Li too. For all of 2021, Li delivered 90,491 vehicles, up 177% compared with 2020.</p><p><blockquote>Li在12月份交付了14,087台。这也是李的月度记录。2021年全年,理想汽车交付了90,491辆汽车,较2020年增长177%。</blockquote></p><p>NIO didn’t set a new monthly record, just missing it by a few hundred units. The company shipped 10,489 vehicles in December. NIO’s monthly delivery record came in November, when it shipped 10,878 units. For the full year, NIO delivered 91,429 vehicles in 2021, up 109% compared with 2020.</p><p><blockquote>蔚来没有创造新的月度纪录,只是差了几百台。该公司12月份出货量为10,489辆。蔚来的月度交付记录出现在11月份,当时出货量为10,878辆。2021年全年,蔚来交付了91,429辆汽车,较2020年增长109%。</blockquote></p><p>Even though XPeng delivered more cars in 2021, NIO has still delivered the most of the three over the company’s life. NIO has delivered more than 167,000 vehicles life to date. XPeng and Li have delivered about 125,000 and 123,000 vehicle, respectively.</p><p><blockquote>尽管小鹏汽车在2021年交付了更多汽车,但蔚来在公司生命周期中仍然交付了这三款汽车中最多的。迄今为止,蔚来已交付超过167,000辆汽车。小鹏汽车和理想汽车分别交付了约125,000辆和123,000辆汽车。</blockquote></p><p>December vehicle deliveries for all EV producers might have been boosted by a subsidy cut coming for Chinese car buyers in 2022. Buyers rushed to get a slightly better deal. The Chinese purchase subsidy for an EV is about 10,000 Yuan, ($1,500), from 14,400 Yuan ($2,200). The $700 difference amounts to about a 2% price bump for typical EVs.</p><p><blockquote>2022年中国购车者补贴削减可能会提振所有电动汽车生产商12月份的汽车交付量。买家争先恐后地想要一个稍微好一点的交易。中国对电动汽车的购买补贴约为10,000元人民币(1,500美元),从14,400元人民币(2,200美元)起。700美元的差异相当于典型电动汽车的价格上涨约2%。</blockquote></p><p>Falling subsidies are one factor investors will have to consider regarding Tesla and Chinese EV makers in 2022. But higher December deliveries mean that earnings estimates for NIO, XPeng, Li, and likely Tesla, will rise in coming weeks. More cars than expected means more sales and better bottom line results.</p><p><blockquote>补贴下降是投资者在2022年考虑特斯拉和中国电动汽车制造商时必须考虑的因素之一。但12月份交付量的增加意味着蔚来、小鹏汽车、理想汽车以及特斯拉的盈利预期将在未来几周内上升。比预期更多的汽车意味着更多的销量和更好的底线结果。</blockquote></p><p>Strong delivery results might also help shares early in 2022. Shares of Tesla, XPeng and Li had a good to great 2021, gaining 50%, 18% and 11%, respectively. NIO shares struggled, dropping 35% in 2021. The S&P 500 and Dow Jones Industrial Average gained 27% and 19%, respectively.</p><p><blockquote>强劲的交付业绩也可能有助于2022年初的股价上涨。特斯拉、小鹏汽车和理想汽车的股价在2021年表现良好,分别上涨50%、18%和11%。蔚来股价陷入困境,2021年下跌35%。标普500和道琼斯工业平均指数分别上涨27%和19%。</blockquote></p><p>Starting valuation is one reason for NIO stock’s struggles. Even after underperforming, NIO’s market capitalization is about $54 billion, more than the $43 billion market cap of XPeng and the $33 billion market cap of Li.</p><p><blockquote>开始估值是蔚来股票陷入困境的原因之一。即使表现不佳,蔚来的市值仍约为540亿美元,超过了小鹏汽车430亿美元的市值和理想汽车330亿美元的市值。</blockquote></p><p>Tesla, of course, ended 2021 with a market capitalization north of $1 trillion. It’s expected to deliver about 900,000 vehicles for 2021.</p><p><blockquote>当然,特斯拉在2021年底的市值超过了1万亿美元。预计2021年将交付约90万辆汽车。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/articles/xpeng-nio-li-auto-report-big-december-deliveries-thats-good-for-tesla-51641056522?mod=newsviewer_click_seemore\">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":{"LI":"理想汽车","NIO":"蔚来","TSLA":"特斯拉","XPEV":"小鹏汽车"},"source_url":"https://www.marketwatch.com/articles/xpeng-nio-li-auto-report-big-december-deliveries-thats-good-for-tesla-51641056522?mod=newsviewer_click_seemore","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1173416252","content_text":"The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning each reported deliveries. Combined, the three shipped more than 40,000 units. That’s a monthly record and is one sign that Tesla (TSLA) should post its own big number when it reports fourth delivery figures in coming days.About 25% of all Tesla deliveries are generated in China. Investors expect Tesla to report north of 280,000 deliveries worldwide for the fourth quarter.Among the Chinese three, XPeng took the December, and 2021, crown reporting 16,000 deliveries, a new monthly record. For all of 2021, XPeng delivered 98,155 vehicles, up 263% compared with 2020.Li delivered 14,087 units in December. That’s a monthly record for Li too. For all of 2021, Li delivered 90,491 vehicles, up 177% compared with 2020.NIO didn’t set a new monthly record, just missing it by a few hundred units. The company shipped 10,489 vehicles in December. NIO’s monthly delivery record came in November, when it shipped 10,878 units. For the full year, NIO delivered 91,429 vehicles in 2021, up 109% compared with 2020.Even though XPeng delivered more cars in 2021, NIO has still delivered the most of the three over the company’s life. NIO has delivered more than 167,000 vehicles life to date. XPeng and Li have delivered about 125,000 and 123,000 vehicle, respectively.December vehicle deliveries for all EV producers might have been boosted by a subsidy cut coming for Chinese car buyers in 2022. Buyers rushed to get a slightly better deal. The Chinese purchase subsidy for an EV is about 10,000 Yuan, ($1,500), from 14,400 Yuan ($2,200). The $700 difference amounts to about a 2% price bump for typical EVs.Falling subsidies are one factor investors will have to consider regarding Tesla and Chinese EV makers in 2022. But higher December deliveries mean that earnings estimates for NIO, XPeng, Li, and likely Tesla, will rise in coming weeks. More cars than expected means more sales and better bottom line results.Strong delivery results might also help shares early in 2022. Shares of Tesla, XPeng and Li had a good to great 2021, gaining 50%, 18% and 11%, respectively. NIO shares struggled, dropping 35% in 2021. The S&P 500 and Dow Jones Industrial Average gained 27% and 19%, respectively.Starting valuation is one reason for NIO stock’s struggles. Even after underperforming, NIO’s market capitalization is about $54 billion, more than the $43 billion market cap of XPeng and the $33 billion market cap of Li.Tesla, of course, ended 2021 with a market capitalization north of $1 trillion. It’s expected to deliver about 900,000 vehicles for 2021.","news_type":1,"symbols_score_info":{"LI":0.9,"XPEV":0.9,"TSLA":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696674242,"gmtCreate":1640695196334,"gmtModify":1640695198106,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great 👍 ","listText":"Great 👍 ","text":"Great 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696674242","repostId":"1128604736","repostType":4,"repost":{"id":"1128604736","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640683019,"share":"https://www.laohu8.com/m/news/1128604736?lang=zh_CN&edition=full","pubTime":"2021-12-28 17:16","market":"us","language":"en","title":"Some blockchain stocks dipped in premarket trading<blockquote>一些区块链股票在盘前交易中下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128604736","media":"Tiger Newspress","summary":"Some blockchain stocks dipped in premarket trading.Marathon Digital,Riot Blockchain,Coinbase and Can","content":"<p>Some blockchain stocks dipped in premarket trading.Marathon Digital,Riot Blockchain,Coinbase and Canaan fell between 1% and 5%.</p><p><blockquote>部分区块链股票盘前交易下跌,马拉松数码、Riot区块链、比特币基地、迦南等跌幅在1%至5%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77602d77deb670d4e53883b958b64be7\" tg-width=\"412\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some blockchain stocks dipped in premarket trading<blockquote>一些区块链股票在盘前交易中下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSome blockchain stocks dipped in premarket trading<blockquote>一些区块链股票在盘前交易中下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-28 17:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Some blockchain stocks dipped in premarket trading.Marathon Digital,Riot Blockchain,Coinbase and Canaan fell between 1% and 5%.</p><p><blockquote>部分区块链股票盘前交易下跌,马拉松数码、Riot区块链、比特币基地、迦南等跌幅在1%至5%之间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/77602d77deb670d4e53883b958b64be7\" tg-width=\"412\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"MARA Holdings","COIN":"Coinbase Global, Inc.","RIOT":"Riot Platforms","CAN":"嘉楠科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128604736","content_text":"Some blockchain stocks dipped in premarket trading.Marathon Digital,Riot Blockchain,Coinbase and Canaan fell between 1% and 5%.","news_type":1,"symbols_score_info":{"RIOT":0.9,"MARA":0.9,"CAN":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698125329,"gmtCreate":1640323530196,"gmtModify":1640323530556,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698125329","repostId":"1120042434","repostType":4,"repost":{"id":"1120042434","kind":"news","pubTimestamp":1640312274,"share":"https://www.laohu8.com/m/news/1120042434?lang=zh_CN&edition=full","pubTime":"2021-12-24 10:17","market":"us","language":"en","title":"NIO Stock Predictions: Why This Analyst Calls Nio an ‘Attractive Buy’ for 2022<blockquote>蔚来股票预测:为什么这位分析师评级·蔚来是2022年“有吸引力的买入”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1120042434","media":"InvestorPlace","summary":"Nio stock is in the news Thursday thanks to a recent prediction for how the electric vehicle company will perform in 2022.Deutsche Bank analyst Edison Yu is behind that news today. He called out the current price of NIO stock as a “great entry point setting up for a pivotal 2022,” despite the stock underperforming these last few months.Here’s a portion of Yu’s prediction for NIO stock today, as collected by Seeking Alpha.“Investor sentiment has been lackluster due to lack of new vehicles and su","content":"<p><div> Nio(NYSE:NIO) stock is in the news Thursday thanks to a recent prediction for how the electric vehicle (EV) company will perform in 2022. Deutsche Bank analyst Edison Yu is behind that news today. He ...</p><p><blockquote><div>由于最近对电动汽车(EV)公司2022年业绩的预测,蔚来(NYSE:蔚来)股票周四成为新闻焦点。德意志银行分析师Edison Yu是今天这一消息的幕后黑手。他...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/nio-stock-predictions-why-this-analyst-calls-nio-an-attractive-buy-for-2022/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/nio-stock-predictions-why-this-analyst-calls-nio-an-attractive-buy-for-2022/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Stock Predictions: Why This Analyst Calls Nio an ‘Attractive Buy’ for 2022<blockquote>蔚来股票预测:为什么这位分析师评级·蔚来是2022年“有吸引力的买入”</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Stock Predictions: Why This Analyst Calls Nio an ‘Attractive Buy’ for 2022<blockquote>蔚来股票预测:为什么这位分析师评级·蔚来是2022年“有吸引力的买入”</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-24 10:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Nio(NYSE:NIO) stock is in the news Thursday thanks to a recent prediction for how the electric vehicle (EV) company will perform in 2022. Deutsche Bank analyst Edison Yu is behind that news today. He ...</p><p><blockquote><div>由于最近对电动汽车(EV)公司2022年业绩的预测,蔚来(NYSE:蔚来)股票周四成为新闻焦点。德意志银行分析师Edison Yu是今天这一消息的幕后黑手。他...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/nio-stock-predictions-why-this-analyst-calls-nio-an-attractive-buy-for-2022/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/nio-stock-predictions-why-this-analyst-calls-nio-an-attractive-buy-for-2022/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/12/nio-stock-predictions-why-this-analyst-calls-nio-an-attractive-buy-for-2022/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/12/nio-stock-predictions-why-this-analyst-calls-nio-an-attractive-buy-for-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120042434","content_text":"Nio(NYSE:NIO) stock is in the news Thursday thanks to a recent prediction for how the electric vehicle (EV) company will perform in 2022.\nDeutsche Bank analyst Edison Yu is behind that news today. He called out the current price of NIO stock as a “great entry point setting up for a pivotal 2022,” despite the stock underperforming these last few months.\nHere’s a portion of Yu’s prediction for NIO stock today, as collected by Seeking Alpha.\n\n “Investor sentiment has been lackluster due to lack of new vehicles and supply chain constraints, and most recently, the heightened US delisting risk. We believe these headwinds can all reverse in the coming 12 months with NIO launching 3 new models over the next 12 months and boosting manufacturing capacity from 120k to 600k.”\n\nHow do Yu’s fellow analysts feel about NIO stock? Many of them seem to have a similar stance. Currently, the consensus rating for the company is a buy. That comes from 12 buy ratings and three hold ratings. The consensus price target is also sitting at $65.90 with a high of $87 and a low of $45. That consensus price represents a 122.33% upside for the shares.\nWhile positive, today’s news isn’t translating to abnormal trading for NIO stock. As of this writing, some 14 million shares of the stock have changed hands. That still has a ways to go before it reaches the company’s daily average trading volume of about 42.9 million shares.\nNIO stock is up 2.24% today but is down 44% since the start of the year.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691868938,"gmtCreate":1640167430141,"gmtModify":1640167431695,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great news ","listText":"Great news ","text":"Great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691868938","repostId":"1103276971","repostType":4,"repost":{"id":"1103276971","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640165250,"share":"https://www.laohu8.com/m/news/1103276971?lang=zh_CN&edition=full","pubTime":"2021-12-22 17:27","market":"us","language":"en","title":"BioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103276971","media":"Tiger Newspress","summary":"BioRestorative Therapies shares surged 54.7% in premarket trading.BioRestorative Therapies, Inc., a ","content":"<p>BioRestorative Therapies shares surged 54.7% in premarket trading.<img src=\"https://static.tigerbbs.com/9f1c140edc65b98b443e358d9cda1655\" tg-width=\"719\" tg-height=\"576\" referrerpolicy=\"no-referrer\">BioRestorative Therapies, Inc., a life sciences company focused on adult stem cell-based therapies, announced it has entered into a Master Service Agreement with PRC Clinical, a contract research organization (CRO) specializing in clinical trial management to conduct BioRestorative’s Phase 2 clinical trial.</p><p><blockquote>BioRestorative Therapies股价在盘前交易中飙升54.BioRestorative Therapies,Inc.是一家专注于成人干细胞疗法的生命科学公司,宣布已与专门从事临床试验管理的合同研究组织(CRO)PRC Clinical签订主服务协议,以进行BioRestorative的2期临床试验。</blockquote></p><p> \"This is a significant milestone in our mission to develop cell-based therapeutics and to become a clinical stage company. We believe that PRC's renowned expertise in conducting clinicals trials and their use of innovative technology makes them an excellent CRO to partner with,\" said Lance Alstodt, Chief Executive Officer of BioRestorative Therapies. “This is the most meaningful step the Company has taken to initiate our clinical trial. We should now expect a host of developments pertaining to the advancement of our clinical trial, ultimately leading to the read out of our primary endpoints.”</p><p><blockquote>“这是我们开发基于细胞的疗法并成为临床阶段公司的使命中的一个重要里程碑。我们相信,PRC在进行临床试验方面享有盛誉的专业知识及其对创新技术的使用使他们成为优秀的CRO合作伙伴,”生物修复疗法首席执行官兰斯·阿尔斯托特(Lance Alstodt)说道。“这是公司为启动我们的临床试验而采取的最有意义的一步。我们现在应该期待与我们的临床试验进展相关的一系列进展,最终导致我们的主要终点的读出。”</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>BioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\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\">\nBioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-22 17:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BioRestorative Therapies shares surged 54.7% in premarket trading.<img src=\"https://static.tigerbbs.com/9f1c140edc65b98b443e358d9cda1655\" tg-width=\"719\" tg-height=\"576\" referrerpolicy=\"no-referrer\">BioRestorative Therapies, Inc., a life sciences company focused on adult stem cell-based therapies, announced it has entered into a Master Service Agreement with PRC Clinical, a contract research organization (CRO) specializing in clinical trial management to conduct BioRestorative’s Phase 2 clinical trial.</p><p><blockquote>BioRestorative Therapies股价在盘前交易中飙升54.BioRestorative Therapies,Inc.是一家专注于成人干细胞疗法的生命科学公司,宣布已与专门从事临床试验管理的合同研究组织(CRO)PRC Clinical签订主服务协议,以进行BioRestorative的2期临床试验。</blockquote></p><p> \"This is a significant milestone in our mission to develop cell-based therapeutics and to become a clinical stage company. We believe that PRC's renowned expertise in conducting clinicals trials and their use of innovative technology makes them an excellent CRO to partner with,\" said Lance Alstodt, Chief Executive Officer of BioRestorative Therapies. “This is the most meaningful step the Company has taken to initiate our clinical trial. We should now expect a host of developments pertaining to the advancement of our clinical trial, ultimately leading to the read out of our primary endpoints.”</p><p><blockquote>“这是我们开发基于细胞的疗法并成为临床阶段公司的使命中的一个重要里程碑。我们相信,PRC在进行临床试验方面享有盛誉的专业知识及其对创新技术的使用使他们成为优秀的CRO合作伙伴,”生物修复疗法首席执行官兰斯·阿尔斯托特(Lance Alstodt)说道。“这是公司为启动我们的临床试验而采取的最有意义的一步。我们现在应该期待与我们的临床试验进展相关的一系列进展,最终导致我们的主要终点的读出。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRTX":"BioRestorative Therapies, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103276971","content_text":"BioRestorative Therapies shares surged 54.7% in premarket trading.BioRestorative Therapies, Inc., a life sciences company focused on adult stem cell-based therapies, announced it has entered into a Master Service Agreement with PRC Clinical, a contract research organization (CRO) specializing in clinical trial management to conduct BioRestorative’s Phase 2 clinical trial.\n\"This is a significant milestone in our mission to develop cell-based therapeutics and to become a clinical stage company. We believe that PRC's renowned expertise in conducting clinicals trials and their use of innovative technology makes them an excellent CRO to partner with,\" said Lance Alstodt, Chief Executive Officer of BioRestorative Therapies. “This is the most meaningful step the Company has taken to initiate our clinical trial. We should now expect a host of developments pertaining to the advancement of our clinical trial, ultimately leading to the read out of our primary endpoints.”","news_type":1,"symbols_score_info":{"BRTX":0.9}},"isVote":1,"tweetType":1,"viewCount":3853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693752263,"gmtCreate":1640086934652,"gmtModify":1640086935051,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693752263","repostId":"690347115","repostType":1,"repost":{"id":690347115,"gmtCreate":1639643338365,"gmtModify":1639643433360,"author":{"id":"3581082207694869","authorId":"3581082207694869","name":"1ccffd8e","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581082207694869","idStr":"3581082207694869"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>why many people still think it is a good stock because borders are slowly opening and it is national airline? Really curious to see those bagholding for years to come of what they will think and say when this stocks do nothing for them.","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>why many people still think it is a good stock because borders are slowly opening and it is national airline? Really curious to see those bagholding for years to come of what they will think and say when this stocks do nothing for them.","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$why many people still think it is a good stock because borders are slowly opening and it is national airline? Really curious to see those bagholding for years to come of what they will think and say when this stocks do nothing for them.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690347115","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605127104,"gmtCreate":1639132823418,"gmtModify":1639132823800,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605127104","repostId":"1162839981","repostType":4,"repost":{"id":"1162839981","kind":"news","pubTimestamp":1639105861,"share":"https://www.laohu8.com/m/news/1162839981?lang=zh_CN&edition=full","pubTime":"2021-12-10 11:11","market":"us","language":"en","title":"PHUN Stock Cools Off Despite News the ‘Trump Trade’ Favorite Just Bought Bitcoin<blockquote>尽管有消息称“特朗普贸易”最爱刚刚收购了比特币,但PHUN股价仍降温</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162839981","media":"InvestorPlace","summary":"Yesterday was a good day for “Trump trades,” as stocks linked to former U.S. President Donald Trump ","content":"<p><div> Yesterday was a good day for “Trump trades,” as stocks linked to former U.S. President Donald Trump enjoyed significant gains. While there was no definitive reason why, the most likely cause was that ...</p><p><blockquote><div>昨天是“特朗普交易”的好日子,与美国前总统唐纳德·特朗普相关的股票大幅上涨。虽然没有明确的原因,但最有可能的原因是...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/phun-stock-cools-off-despite-news-the-trump-trade-favorite-just-bought-bitcoin/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/phun-stock-cools-off-despite-news-the-trump-trade-favorite-just-bought-bitcoin/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PHUN Stock Cools Off Despite News the ‘Trump Trade’ Favorite Just Bought Bitcoin<blockquote>尽管有消息称“特朗普贸易”最爱刚刚收购了比特币,但PHUN股价仍降温</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\">\nPHUN Stock Cools Off Despite News the ‘Trump Trade’ Favorite Just Bought Bitcoin<blockquote>尽管有消息称“特朗普贸易”最爱刚刚收购了比特币,但PHUN股价仍降温</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-10 11:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Yesterday was a good day for “Trump trades,” as stocks linked to former U.S. President Donald Trump enjoyed significant gains. While there was no definitive reason why, the most likely cause was that ...</p><p><blockquote><div>昨天是“特朗普交易”的好日子,与美国前总统唐纳德·特朗普相关的股票大幅上涨。虽然没有明确的原因,但最有可能的原因是...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/phun-stock-cools-off-despite-news-the-trump-trade-favorite-just-bought-bitcoin/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/phun-stock-cools-off-despite-news-the-trump-trade-favorite-just-bought-bitcoin/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/12/phun-stock-cools-off-despite-news-the-trump-trade-favorite-just-bought-bitcoin/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PHUN":"Phunware, Inc."},"source_url":"https://investorplace.com/2021/12/phun-stock-cools-off-despite-news-the-trump-trade-favorite-just-bought-bitcoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162839981","content_text":"Yesterday was a good day for “Trump trades,” as stocks linked to former U.S. President Donald Trump enjoyed significant gains. While there was no definitive reason why, the most likely cause was that a rumored partnership is forming between Digital World Acquisition(NASDAQ:DWAC) and CF Acquisition Corp. VI (NASDAQ:CFVI), the two blank-check acquisition firms that are gearing up to take public companies with strong ties to Trump. We’re still waiting for confirmation of this alleged deal, but in the meantime,Phunware(NASDAQ:PHUN), another company closely associated with Trump, is seeing a similar pattern. Indeed, PHUN stock has not been fun for investors to watch today.\nWhat’s Happening With PHUN Stock\nIn the first hour of trading, PHUN stock has fallen by 8% and isn’t showing any signs of an immediate rebound. Yesterday’s growth still has it in the green for the week by nearly 10%, but this morning’s drop off is still significant. It’s interesting to note that both its peers, DWAC and CFVI, are down by just shy of 8%, all hovering in the red close to the same number.\nThe way it looks from here, there are multiple factors at play regarding PHUN stock’s declines. There’s clear market momentum at play that’s driving the stock down as its larger peers face downward trajectories. However, it’s also worth noting that Phunware has recently been in the news for other reasons. The company has been on a Bitcoin(CCC:BTC-USD) buying spree throughout recent weeks. Late November saw it purchase 398 Bitcoin for a cash price of approximately $23.8 million while the cryptocurrency was priced at $59,917 apiece.\nToday it was announced that the software producer was expanding its Bitcoin holdings even further. The company has acquired 100 Bitcoin for roughly $4.8 million in cash with the average price per coin of $49,750.\nWhy It Matters\nClearly, Phunware was employing the popular strategy of buying the dip. It didn’t do much for PHUN stock prices, though, which fell by 4% in premarket trading. AsInvestorPlace‘s David Moadel noted recently, “With Phunware,you’re investing in a business, not a coin.”\nRight now, it doesn’t seem like Phunware is a great business to invest in. The company’s ties to Trump stem from the fact that it provided software for his 2020 campaign. When DWAC began making headlines, investors began searching for the next stock to receive a “Trump bump,” and while PHUN stock did experience some gains amid the frenzy, they proved to be short lived.\nSince then, many experts have advised against buying Phunware on rumors alone.InvestorPlacecontributor Stavros Georgiadisadvised against investing in it as a speculation play. Additionally, many others have echoed these reservations, labeling it as a penny stock to sell before 2022. Fellow contributor Dana Blankenhorn recently advocated against bullish plays on PHUN stock, arguing that the Bitcoin holdings would not be enough to help a stock that rose mostly on pure speculation.\nWhat It Means\nWhen it comes to investments like PHUN stock, it’s easy to be drawn into flash-in-the-pan hype, particularly when they are linked to someone like Trump. Indeed, the former president’s consistent coverage is hard to ignore. However, investors should keep in mind that the buzz that often surrounds these companies is exactly that — hype. And it hasn’t been enough to drive any sustainable growth.\nFrankly, there’s no reason it should. The best thing that we can say about Phunware is that it has worked with Trump before. There’s no immediate reason to suspect that his next campaign will employ its services. And more importantly, the company has no direct ties to any of the more popular Trump stocks. PHUN stock should serve as a reminder that speculation alone is often not enough to justify a bullish play, especially for investors with a long-term mindset.","news_type":1,"symbols_score_info":{"PHUN":0.9}},"isVote":1,"tweetType":1,"viewCount":2661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606905910,"gmtCreate":1638804753818,"gmtModify":1638804754188,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Good bye. ","listText":"Good bye. ","text":"Good bye.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606905910","repostId":"2189457105","repostType":4,"isVote":1,"tweetType":1,"viewCount":3269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874315247,"gmtCreate":1637730142240,"gmtModify":1637730142493,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01797\">$KOOLEARN(01797)$</a>👌👍","listText":"<a href=\"https://laohu8.com/S/01797\">$KOOLEARN(01797)$</a>👌👍","text":"$KOOLEARN(01797)$👌👍","images":[{"img":"https://static.tigerbbs.com/947f9f012e33ab0f296a05dccdbf962b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874315247","isVote":1,"tweetType":1,"viewCount":3305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870965033,"gmtCreate":1636581162855,"gmtModify":1636581163052,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UMC\">$United Microelectronics(UMC)$</a>can ","listText":"<a href=\"https://laohu8.com/S/UMC\">$United Microelectronics(UMC)$</a>can ","text":"$United Microelectronics(UMC)$can","images":[{"img":"https://static.tigerbbs.com/b12bd1511efba413ccb61c8608ea3ef4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870965033","isVote":1,"tweetType":1,"viewCount":1252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870962478,"gmtCreate":1636581149304,"gmtModify":1636581149459,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UMC\">$United Microelectronics(UMC)$</a>can ","listText":"<a href=\"https://laohu8.com/S/UMC\">$United Microelectronics(UMC)$</a>can ","text":"$United Microelectronics(UMC)$can","images":[{"img":"https://static.tigerbbs.com/b12bd1511efba413ccb61c8608ea3ef4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870962478","isVote":1,"tweetType":1,"viewCount":1176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847424822,"gmtCreate":1636548212985,"gmtModify":1636548213577,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"😀😁","listText":"😀😁","text":"😀😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847424822","repostId":"825059353","repostType":1,"repost":{"id":825059353,"gmtCreate":1634180918267,"gmtModify":1634207260137,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"【老虎财报季】分享财报分析,赢心动大礼包","htmlText":"参与《老虎财报季》活动,就有机会成为锦鲤,赢取苹果股票,月球灯,帆布袋,笔记本,小虎玩偶,抱枕,充电线,眼罩,免佣卡等多重好礼。Q3财报季即将拉开序幕,美国六大银行将在本周率先公布财报,随后将迎来大家最关心的科技股财报。小虎君想邀请虎友们,分享你最期待哪些公司的财报?就有机会成为锦鲤,赢取丰富的周边大礼包,免佣卡以及百万流量推荐。 【参与方式】 在“老虎财报季”主题下发帖,或者题目中包含“老虎财报季”等关键字分享你最看好的财报是哪家?说说为什么?你持有它吗?解读其最新业绩,发表你对公司的看法,字数不少于300字。并<a target=\"_blank\" href=\"https://laohu8.com/U/36984908995200\">@小虎活动</a>、<a target=\"_blank\" href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a> 或者<a target=\"_blank\" href=\"https://laohu8.com/U/3514329116425907\">@小虎AV</a> 写什么?虎友们可以自由发挥!如果没有现成的idea,也可以参考以下模版: 关注公司的财报业绩(营收,净利润,主营业务表现,关键指标增长等) 公司基本面分析(包括主营业务分析、所属行业竞争优劣势、未来发展点等) 你对这家公司财报的多空观点,财报前后你是否有调整仓位?未来是否计划/继续投资? 友情提示:使用老虎社区网页发帖可支持多图及长文格式哦:www.laohu8.com 【百万流量激励】 欢迎各位虎友添加(虎妞微信tigerbrokers)预约你想要分析的公司财报,优质文章一经采纳,将有机会获得以下曝光支持: 优质内容将获得社区首页信息流推荐 老虎热榜,获得更多用户阅读 相关个股推荐,让关注的人一眼可见 精准push推荐,让懂","listText":"参与《老虎财报季》活动,就有机会成为锦鲤,赢取苹果股票,月球灯,帆布袋,笔记本,小虎玩偶,抱枕,充电线,眼罩,免佣卡等多重好礼。Q3财报季即将拉开序幕,美国六大银行将在本周率先公布财报,随后将迎来大家最关心的科技股财报。小虎君想邀请虎友们,分享你最期待哪些公司的财报?就有机会成为锦鲤,赢取丰富的周边大礼包,免佣卡以及百万流量推荐。 【参与方式】 在“老虎财报季”主题下发帖,或者题目中包含“老虎财报季”等关键字分享你最看好的财报是哪家?说说为什么?你持有它吗?解读其最新业绩,发表你对公司的看法,字数不少于300字。并<a target=\"_blank\" href=\"https://laohu8.com/U/36984908995200\">@小虎活动</a>、<a target=\"_blank\" href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a> 或者<a target=\"_blank\" href=\"https://laohu8.com/U/3514329116425907\">@小虎AV</a> 写什么?虎友们可以自由发挥!如果没有现成的idea,也可以参考以下模版: 关注公司的财报业绩(营收,净利润,主营业务表现,关键指标增长等) 公司基本面分析(包括主营业务分析、所属行业竞争优劣势、未来发展点等) 你对这家公司财报的多空观点,财报前后你是否有调整仓位?未来是否计划/继续投资? 友情提示:使用老虎社区网页发帖可支持多图及长文格式哦:www.laohu8.com 【百万流量激励】 欢迎各位虎友添加(虎妞微信tigerbrokers)预约你想要分析的公司财报,优质文章一经采纳,将有机会获得以下曝光支持: 优质内容将获得社区首页信息流推荐 老虎热榜,获得更多用户阅读 相关个股推荐,让关注的人一眼可见 精准push推荐,让懂","text":"参与《老虎财报季》活动,就有机会成为锦鲤,赢取苹果股票,月球灯,帆布袋,笔记本,小虎玩偶,抱枕,充电线,眼罩,免佣卡等多重好礼。Q3财报季即将拉开序幕,美国六大银行将在本周率先公布财报,随后将迎来大家最关心的科技股财报。小虎君想邀请虎友们,分享你最期待哪些公司的财报?就有机会成为锦鲤,赢取丰富的周边大礼包,免佣卡以及百万流量推荐。 【参与方式】 在“老虎财报季”主题下发帖,或者题目中包含“老虎财报季”等关键字分享你最看好的财报是哪家?说说为什么?你持有它吗?解读其最新业绩,发表你对公司的看法,字数不少于300字。并@小虎活动、@爱发红包的虎妞 或者@小虎AV 写什么?虎友们可以自由发挥!如果没有现成的idea,也可以参考以下模版: 关注公司的财报业绩(营收,净利润,主营业务表现,关键指标增长等) 公司基本面分析(包括主营业务分析、所属行业竞争优劣势、未来发展点等) 你对这家公司财报的多空观点,财报前后你是否有调整仓位?未来是否计划/继续投资? 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Tigers who registered for less than 100 days would be candidates for the leaderboard. This new column would be issued in the 1st week of every month. About the Rewards: Tigers who are the most active in posting, commenting, and liking will be given 1,000 Tiger coins 💰💰💰💰respectively! Tigers who receive the most comments plus likes will be given 1,000(top3) to 500(top4-10) Tiger coins 💰💰💰💰each! Now let’s first have a look at the new tigers who were ","listText":"Hey, Tigers 🐯 Welcome to our column: Tigers of the month! 🚀🚀🚀🚀🚀🚀🚀🚀 We launched a new leaderboard to encourage NEW USERS to share their opinions in our community. Tigers who registered for less than 100 days would be candidates for the leaderboard. This new column would be issued in the 1st week of every month. About the Rewards: Tigers who are the most active in posting, commenting, and liking will be given 1,000 Tiger coins 💰💰💰💰respectively! Tigers who receive the most comments plus likes will be given 1,000(top3) to 500(top4-10) Tiger coins 💰💰💰💰each! Now let’s first have a look at the new tigers who were ","text":"Hey, Tigers 🐯 Welcome to our column: Tigers of the month! 🚀🚀🚀🚀🚀🚀🚀🚀 We launched a new leaderboard to encourage NEW USERS to share their opinions in our community. Tigers who registered for less than 100 days would be candidates for the leaderboard. This new column would be issued in the 1st week of every month. About the Rewards: Tigers who are the most active in posting, commenting, and liking will be given 1,000 Tiger coins 💰💰💰💰respectively! Tigers who receive the most comments plus likes will be given 1,000(top3) to 500(top4-10) Tiger coins 💰💰💰💰each! Now let’s first have a look at the new tigers who were","images":[{"img":"https://static.tigerbbs.com/733cb8b06866f4b832f6aade20e5acb6","width":"1125","height":"3198"},{"img":"https://static.tigerbbs.com/cc9b0239f60f7a3db32d6e8e731af6b0","width":"1125","height":"2648"},{"img":"https://static.tigerbbs.com/6cd0a26cea2ec3678a0e82964c68b551","width":"1125","height":"3198"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846576366","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842437481,"gmtCreate":1636214473079,"gmtModify":1636214473547,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842437481","repostId":"841419551","repostType":1,"repost":{"id":841419551,"gmtCreate":1635933060868,"gmtModify":1635933060868,"author":{"id":"9000000000000200","authorId":"9000000000000200","name":"MMMia","avatar":"https://static.tigerbbs.com/ccc088ef917c5bd74e4acc8af9c89fa5","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000200","idStr":"9000000000000200"},"themes":[],"htmlText":"has anyone actually looked at historic Price/Sales ratios for MRNA and PFE. MRNA - currently 20 PFE - currently 4.33 20 is simply too high, 4.33 seems reasonable for a company shipping product and receiving revenue. If NVAX gets all approvals filed for and TB filed for, ships 150M doses/month (conservative side), that is 1.8B doses/year. If their average margin is $6/dose that is $10.8B. at 4X (though I believe with a little time it will trend higher) that is a $43B market cap, at 74.5MM shares, $577 per share Logically if we get approvals and sell all doses produced, a reasonable target is $500-$650, not counting any increase in sales if NVAX proves more desirable by governments and markets and not counting any additional revenue from Nanoflu.<a href=\"https://laohu8.com/S/MRNA\">$Moderna, </a>","listText":"has anyone actually looked at historic Price/Sales ratios for MRNA and PFE. MRNA - currently 20 PFE - currently 4.33 20 is simply too high, 4.33 seems reasonable for a company shipping product and receiving revenue. If NVAX gets all approvals filed for and TB filed for, ships 150M doses/month (conservative side), that is 1.8B doses/year. If their average margin is $6/dose that is $10.8B. at 4X (though I believe with a little time it will trend higher) that is a $43B market cap, at 74.5MM shares, $577 per share Logically if we get approvals and sell all doses produced, a reasonable target is $500-$650, not counting any increase in sales if NVAX proves more desirable by governments and markets and not counting any additional revenue from Nanoflu.<a href=\"https://laohu8.com/S/MRNA\">$Moderna, </a>","text":"has anyone actually looked at historic Price/Sales ratios for MRNA and PFE. MRNA - currently 20 PFE - currently 4.33 20 is simply too high, 4.33 seems reasonable for a company shipping product and receiving revenue. If NVAX gets all approvals filed for and TB filed for, ships 150M doses/month (conservative side), that is 1.8B doses/year. If their average margin is $6/dose that is $10.8B. at 4X (though I believe with a little time it will trend higher) that is a $43B market cap, at 74.5MM shares, $577 per share Logically if we get approvals and sell all doses produced, a reasonable target is $500-$650, not counting any increase in sales if NVAX proves more desirable by governments and markets and not counting any additional revenue from Nanoflu.$Moderna,","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841419551","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842438862,"gmtCreate":1636213927756,"gmtModify":1636213928255,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"回复 <a href=\"https://laohu8.com/U/4087601719133130\">@Shibaaa</a>:done//<a href=\"https://laohu8.com/U/4087601719133130\">@Shibaaa</a>:like pls","listText":"回复 <a href=\"https://laohu8.com/U/4087601719133130\">@Shibaaa</a>:done//<a href=\"https://laohu8.com/U/4087601719133130\">@Shibaaa</a>:like pls","text":"回复 @Shibaaa:done//@Shibaaa:like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842438862","repostId":"842076473","repostType":1,"repost":{"id":842076473,"gmtCreate":1636122762889,"gmtModify":1636177562830,"author":{"id":"58341441844653","authorId":"58341441844653","name":"孟浩","avatar":"https://static.tigerbbs.com/d3af5b59c3e4676ee72cb6e0fea0279b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"58341441844653","idStr":"58341441844653"},"themes":[],"title":"【财报前瞻】蔚来不止眼前的利益,还有诗和远方","htmlText":"这几天最吸引人的莫过于特斯拉的连续多日暴涨,眼瞅着蔚来也要发财报了,这次财报都有哪些看点?能否像特斯拉一样拉起一波新的涨幅?想在这篇文章中跟大家探讨一下。 好了,回归正题,先来简单回顾一下Q2财报 蔚来的营收,交付数据乃至每股收益均超过分析师预期。NIO 在第二季度交付了21896辆汽车,其中交付了4433辆ES8 ,9,935辆 ES6和7,528辆 EC6,同比增长119%,环比增长9.2%然而,在发布如此好的财报数据后,蔚来不涨反跌,归其原因还是蔚来对于3季度的指引不够乐观引发了市场的担忧。蔚来预计Q3交付指引为23000-25000台,环比增长5.5-14.2%;总营收预计介于89.13亿元(约合13.80亿美元)至96.31亿元(约合14.92亿美元)之间,同比增长大约96.9%至112.8%,环比增长约5.5%至14.0%。用李斌的话说,“我们今年的量不会有太多的增加,但我们更看重长期的利益。” 关于蔚来Q3财报,有哪些看点呢 销售数据爆发式增长,Q4怎么样? 在经历了两个月的低迷之后,蔚来在9月高歌猛进,重回新势力销量榜首,蔚来9月一共交付10628台,同比增长125.7%,创月度交付记录达成历史性一刻,第三季度累计交付2.4万辆,与3季度蔚来给予的指引(23000-25000台)一致。具体来看,蔚来ES8的交付量达到了1978台,蔚来ES6的交付量达到了5260台,蔚来EC6的交付量达到了3390台。其中蔚来ES6和蔚来EC6都创造了单月交付记录。在看完3季度交付报告之后,我对蔚来的看法总体上是比较乐观的,像是蔚来的估值主要是销量+预期两个方面吧,销量比较直观,9月的交付数据一改前两个月颓势,短期来看,芯片短缺的问题得以解决,销量涨了,增速涨了,对于未来的预期也会涨。 除此之外,近期又有多种利好,首先“金九银十”,虽然4季度天气比较冷,但是年底一般都是电动","listText":"这几天最吸引人的莫过于特斯拉的连续多日暴涨,眼瞅着蔚来也要发财报了,这次财报都有哪些看点?能否像特斯拉一样拉起一波新的涨幅?想在这篇文章中跟大家探讨一下。 好了,回归正题,先来简单回顾一下Q2财报 蔚来的营收,交付数据乃至每股收益均超过分析师预期。NIO 在第二季度交付了21896辆汽车,其中交付了4433辆ES8 ,9,935辆 ES6和7,528辆 EC6,同比增长119%,环比增长9.2%然而,在发布如此好的财报数据后,蔚来不涨反跌,归其原因还是蔚来对于3季度的指引不够乐观引发了市场的担忧。蔚来预计Q3交付指引为23000-25000台,环比增长5.5-14.2%;总营收预计介于89.13亿元(约合13.80亿美元)至96.31亿元(约合14.92亿美元)之间,同比增长大约96.9%至112.8%,环比增长约5.5%至14.0%。用李斌的话说,“我们今年的量不会有太多的增加,但我们更看重长期的利益。” 关于蔚来Q3财报,有哪些看点呢 销售数据爆发式增长,Q4怎么样? 在经历了两个月的低迷之后,蔚来在9月高歌猛进,重回新势力销量榜首,蔚来9月一共交付10628台,同比增长125.7%,创月度交付记录达成历史性一刻,第三季度累计交付2.4万辆,与3季度蔚来给予的指引(23000-25000台)一致。具体来看,蔚来ES8的交付量达到了1978台,蔚来ES6的交付量达到了5260台,蔚来EC6的交付量达到了3390台。其中蔚来ES6和蔚来EC6都创造了单月交付记录。在看完3季度交付报告之后,我对蔚来的看法总体上是比较乐观的,像是蔚来的估值主要是销量+预期两个方面吧,销量比较直观,9月的交付数据一改前两个月颓势,短期来看,芯片短缺的问题得以解决,销量涨了,增速涨了,对于未来的预期也会涨。 除此之外,近期又有多种利好,首先“金九银十”,虽然4季度天气比较冷,但是年底一般都是电动","text":"这几天最吸引人的莫过于特斯拉的连续多日暴涨,眼瞅着蔚来也要发财报了,这次财报都有哪些看点?能否像特斯拉一样拉起一波新的涨幅?想在这篇文章中跟大家探讨一下。 好了,回归正题,先来简单回顾一下Q2财报 蔚来的营收,交付数据乃至每股收益均超过分析师预期。NIO 在第二季度交付了21896辆汽车,其中交付了4433辆ES8 ,9,935辆 ES6和7,528辆 EC6,同比增长119%,环比增长9.2%然而,在发布如此好的财报数据后,蔚来不涨反跌,归其原因还是蔚来对于3季度的指引不够乐观引发了市场的担忧。蔚来预计Q3交付指引为23000-25000台,环比增长5.5-14.2%;总营收预计介于89.13亿元(约合13.80亿美元)至96.31亿元(约合14.92亿美元)之间,同比增长大约96.9%至112.8%,环比增长约5.5%至14.0%。用李斌的话说,“我们今年的量不会有太多的增加,但我们更看重长期的利益。” 关于蔚来Q3财报,有哪些看点呢 销售数据爆发式增长,Q4怎么样? 在经历了两个月的低迷之后,蔚来在9月高歌猛进,重回新势力销量榜首,蔚来9月一共交付10628台,同比增长125.7%,创月度交付记录达成历史性一刻,第三季度累计交付2.4万辆,与3季度蔚来给予的指引(23000-25000台)一致。具体来看,蔚来ES8的交付量达到了1978台,蔚来ES6的交付量达到了5260台,蔚来EC6的交付量达到了3390台。其中蔚来ES6和蔚来EC6都创造了单月交付记录。在看完3季度交付报告之后,我对蔚来的看法总体上是比较乐观的,像是蔚来的估值主要是销量+预期两个方面吧,销量比较直观,9月的交付数据一改前两个月颓势,短期来看,芯片短缺的问题得以解决,销量涨了,增速涨了,对于未来的预期也会涨。 除此之外,近期又有多种利好,首先“金九银十”,虽然4季度天气比较冷,但是年底一般都是电动","images":[{"img":"https://static.tigerbbs.com/2885798f86e3342498a50730ceab32c1","width":"1182","height":"252"},{"img":"https://static.tigerbbs.com/1e4a0cd93f579301a6c7b1ef9c3e240a","width":"2947","height":"1705"},{"img":"https://static.tigerbbs.com/22acfdba946ffaf5e8cfab1bcf34f378","width":"1918","height":"843"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842076473","isVote":2,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"vote":{"id":1598,"gmtBegin":1636122931462,"gmtEnd":1636468515596,"type":1,"upper":1,"title":"你看好蔚来吗?","choices":[{"id":5868,"sort":1,"name":"看好","userSize":343,"voted":false},{"id":5869,"sort":2,"name":"不看好","userSize":115,"voted":false}]},"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846506976,"gmtCreate":1636092033760,"gmtModify":1636092256474,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NKLA\">$Nikola Corporation(NKLA)$</a>good ","listText":"<a href=\"https://laohu8.com/S/NKLA\">$Nikola Corporation(NKLA)$</a>good ","text":"$Nikola Corporation(NKLA)$good","images":[{"img":"https://static.tigerbbs.com/17eadcbc748e9d0aa3e6a71d72b041ca","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846506976","isVote":1,"tweetType":1,"viewCount":1038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":897183172,"gmtCreate":1628899795396,"gmtModify":1633688709714,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897183172","repostId":"2159215280","repostType":4,"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893143012,"gmtCreate":1628250204436,"gmtModify":1633752260315,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Good. ","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Good. ","text":"$NIO Inc.(NIO)$Good.","images":[{"img":"https://static.tigerbbs.com/44955e9c406896cc7d892fdb746ad58b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/893143012","isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":830303753,"gmtCreate":1629006750972,"gmtModify":1633687992505,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Buy more. ","listText":"Buy more. ","text":"Buy more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/830303753","repostId":"2159211727","repostType":4,"isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":691868938,"gmtCreate":1640167430141,"gmtModify":1640167431695,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great news ","listText":"Great news ","text":"Great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691868938","repostId":"1103276971","repostType":4,"repost":{"id":"1103276971","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1640165250,"share":"https://www.laohu8.com/m/news/1103276971?lang=zh_CN&edition=full","pubTime":"2021-12-22 17:27","market":"us","language":"en","title":"BioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103276971","media":"Tiger Newspress","summary":"BioRestorative Therapies shares surged 54.7% in premarket trading.BioRestorative Therapies, Inc., a ","content":"<p>BioRestorative Therapies shares surged 54.7% in premarket trading.<img src=\"https://static.tigerbbs.com/9f1c140edc65b98b443e358d9cda1655\" tg-width=\"719\" tg-height=\"576\" referrerpolicy=\"no-referrer\">BioRestorative Therapies, Inc., a life sciences company focused on adult stem cell-based therapies, announced it has entered into a Master Service Agreement with PRC Clinical, a contract research organization (CRO) specializing in clinical trial management to conduct BioRestorative’s Phase 2 clinical trial.</p><p><blockquote>BioRestorative Therapies股价在盘前交易中飙升54.BioRestorative Therapies,Inc.是一家专注于成人干细胞疗法的生命科学公司,宣布已与专门从事临床试验管理的合同研究组织(CRO)PRC Clinical签订主服务协议,以进行BioRestorative的2期临床试验。</blockquote></p><p> \"This is a significant milestone in our mission to develop cell-based therapeutics and to become a clinical stage company. We believe that PRC's renowned expertise in conducting clinicals trials and their use of innovative technology makes them an excellent CRO to partner with,\" said Lance Alstodt, Chief Executive Officer of BioRestorative Therapies. “This is the most meaningful step the Company has taken to initiate our clinical trial. We should now expect a host of developments pertaining to the advancement of our clinical trial, ultimately leading to the read out of our primary endpoints.”</p><p><blockquote>“这是我们开发基于细胞的疗法并成为临床阶段公司的使命中的一个重要里程碑。我们相信,PRC在进行临床试验方面享有盛誉的专业知识及其对创新技术的使用使他们成为优秀的CRO合作伙伴,”生物修复疗法首席执行官兰斯·阿尔斯托特(Lance Alstodt)说道。“这是公司为启动我们的临床试验而采取的最有意义的一步。我们现在应该期待与我们的临床试验进展相关的一系列进展,最终导致我们的主要终点的读出。”</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>BioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\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\">\nBioRestorative Therapies shares surged 54.7% in premarket trading<blockquote>BioRestorative Therapies股价在盘前交易中飙升54.7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-22 17:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BioRestorative Therapies shares surged 54.7% in premarket trading.<img src=\"https://static.tigerbbs.com/9f1c140edc65b98b443e358d9cda1655\" tg-width=\"719\" tg-height=\"576\" referrerpolicy=\"no-referrer\">BioRestorative Therapies, Inc., a life sciences company focused on adult stem cell-based therapies, announced it has entered into a Master Service Agreement with PRC Clinical, a contract research organization (CRO) specializing in clinical trial management to conduct BioRestorative’s Phase 2 clinical trial.</p><p><blockquote>BioRestorative Therapies股价在盘前交易中飙升54.BioRestorative Therapies,Inc.是一家专注于成人干细胞疗法的生命科学公司,宣布已与专门从事临床试验管理的合同研究组织(CRO)PRC Clinical签订主服务协议,以进行BioRestorative的2期临床试验。</blockquote></p><p> \"This is a significant milestone in our mission to develop cell-based therapeutics and to become a clinical stage company. We believe that PRC's renowned expertise in conducting clinicals trials and their use of innovative technology makes them an excellent CRO to partner with,\" said Lance Alstodt, Chief Executive Officer of BioRestorative Therapies. “This is the most meaningful step the Company has taken to initiate our clinical trial. We should now expect a host of developments pertaining to the advancement of our clinical trial, ultimately leading to the read out of our primary endpoints.”</p><p><blockquote>“这是我们开发基于细胞的疗法并成为临床阶段公司的使命中的一个重要里程碑。我们相信,PRC在进行临床试验方面享有盛誉的专业知识及其对创新技术的使用使他们成为优秀的CRO合作伙伴,”生物修复疗法首席执行官兰斯·阿尔斯托特(Lance Alstodt)说道。“这是公司为启动我们的临床试验而采取的最有意义的一步。我们现在应该期待与我们的临床试验进展相关的一系列进展,最终导致我们的主要终点的读出。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRTX":"BioRestorative Therapies, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103276971","content_text":"BioRestorative Therapies shares surged 54.7% in premarket trading.BioRestorative Therapies, Inc., a life sciences company focused on adult stem cell-based therapies, announced it has entered into a Master Service Agreement with PRC Clinical, a contract research organization (CRO) specializing in clinical trial management to conduct BioRestorative’s Phase 2 clinical trial.\n\"This is a significant milestone in our mission to develop cell-based therapeutics and to become a clinical stage company. We believe that PRC's renowned expertise in conducting clinicals trials and their use of innovative technology makes them an excellent CRO to partner with,\" said Lance Alstodt, Chief Executive Officer of BioRestorative Therapies. “This is the most meaningful step the Company has taken to initiate our clinical trial. We should now expect a host of developments pertaining to the advancement of our clinical trial, ultimately leading to the read out of our primary endpoints.”","news_type":1,"symbols_score_info":{"BRTX":0.9}},"isVote":1,"tweetType":1,"viewCount":3853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851823398,"gmtCreate":1634893498823,"gmtModify":1634896165580,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>good [强] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>good [强] ","text":"$Tiger Brokers(TIGR)$good [强]","images":[{"img":"https://static.tigerbbs.com/ddc6b8ff535920e8ab40026ecbf2692c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/851823398","isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":819847379,"gmtCreate":1630059057791,"gmtModify":1704955317944,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819847379","repostId":"2162041397","repostType":2,"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830820367,"gmtCreate":1629059575859,"gmtModify":1633687787854,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/830820367","repostId":"1138531277","repostType":4,"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898989607,"gmtCreate":1628468306809,"gmtModify":1633747023564,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Like pls.","listText":"Like pls.","text":"Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898989607","repostId":"1136322726","repostType":4,"isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323254221,"gmtCreate":1615348419463,"gmtModify":1703487714712,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Good job","listText":"Good job","text":"Good job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/323254221","repostId":"1160680775","repostType":4,"repost":{"id":"1160680775","kind":"news","pubTimestamp":1615348263,"share":"https://www.laohu8.com/m/news/1160680775?lang=zh_CN&edition=full","pubTime":"2021-03-10 11:51","market":"us","language":"en","title":"The 2021 stock market looks an awful lot like 2000. That's bad news for Big Tech<blockquote>2021年的股市看起来与2000年非常相似。这对大型科技公司来说是个坏消息</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160680775","media":"cnn","summary":"New York (CNN Business)The recent pullback in tech stocks followed a spectacular surge at the start ","content":"<p>New York (CNN Business)The recent pullback in tech stocks followed a spectacular surge at the start of the year. That should have longtime market observers worried about the similarities between now and the height of the dot-com bubble in 2000.</p><p><blockquote>纽约(CNN Business)科技股在年初大幅飙升后,最近又出现了回调。这应该会让长期的市场观察人士担心现在与2000年互联网泡沫顶峰时期的相似之处。</blockquote></p><p> For all those Millennial Robinhood traders who were just kids 20 years ago and are relative newbies to the market, the recent volatility should serve as a lesson. For all the times that people say that \"this time is different\" that's usually a telltale sign that it actually isn't.</p><p><blockquote>对于所有那些20年前还是孩子、市场相对新手的千禧一代Robinhood交易者来说,最近的波动应该成为一个教训。尽管人们总是说“这次不同了”,但这通常是一个信号,表明事实并非如此。</blockquote></p><p> The rise of meme stocks like GameStop (GME), the flurry of initial public offerings and special purpose acquisition company mergers as well as the stunning runs in Tesla (TSLA) and bitcoin (XBT) are nothing more than another case of the forces of market speculation running amok.</p><p><blockquote>游戏驿站(GME)等模因股票的崛起、一系列首次公开募股和特殊目的收购公司合并,以及特斯拉(TSLA)和比特币(XBT)的惊人表现,只不过是市场投机力量的又一个例子。</blockquote></p><p> Investors are buying companies with significant challenges and ignoring the weak fundamentals. GameStop isn't the only \"meme\" stock out there. Movie theater chain AMC (AMC), clothing retailer Express (EXPR) and headphone maker Koss (KOSS) have been soaring.</p><p><blockquote>投资者正在购买面临重大挑战的公司,而忽视了疲软的基本面。游戏驿站并不是唯一的“模因”股票。连锁影院AMC(AMC)、服装零售商Express(EXPR)和耳机制造商Koss(KOSS)的股价一直在飙升。</blockquote></p><p> And all the talk about \"stonks\" and cryptocurrencies on Reddit and in TikTok videos isn't really that much different than people chattering about how high they thought Qualcomm (QCOM) and Cisco (CSCO) were going to go in the late 1990s on Raging Bull and Yahoo Finance message boards.</p><p><blockquote>Reddit和TikTok视频中所有关于“stonks”和加密货币的讨论实际上与人们在Raging Bull和雅虎财经留言板上喋喋不休地谈论他们认为高通(QCOM)和思科(CSCO)在20世纪90年代末会达到多高没有太大区别。</blockquote></p><p> There are numerous other echoes to the tech craziness of the late 1990s.</p><p><blockquote>20世纪90年代末的科技疯狂还有许多其他的回声。</blockquote></p><p> <b>Investors partying too much like 1999?</b></p><p><blockquote><b>投资者聚会太像1999年了?</b></blockquote></p><p> Blank check SPAC mergers may not have been popular more than twenty years ago. But there was another hot financial trend at that time that was also a sign of market froth -- companies spinning off their online divisions or setting up so-called tracking stocks for them.</p><p><blockquote>空白支票SPAC合并在二十多年前可能并不流行。但当时还有另一个炙手可热的金融趋势也是市场泡沫的标志——公司剥离其在线部门或为其设立所谓的跟踪股票。</blockquote></p><p> Barnes and Noble, for example, trying to fight off competition from a still relatively new Amazon (AMZN), spun off its Barnesandnoble.com unit into a separately traded company in 1999. It was eventually folded back into the parent company.</p><p><blockquote>例如,Barnes and Noble为了抵御来自相对较新的亚马逊(AMZN)的竞争,于1999年将其Barnesandnoble.com部门分拆为一家独立上市的公司。它最终被收归母公司。</blockquote></p><p> Tracking stocks were even more ridiculous than dot-com spinoffs.</p><p><blockquote>跟踪股票甚至比互联网公司的分拆更荒谬。</blockquote></p><p> With a tracking stock, a company would sell shares of a business unit that merely tracked the performance of the division. But investors who owned the stock didn't have the right to vote on company matters like investors in other public companies did.</p><p><blockquote>通过跟踪股票,公司将出售仅跟踪该部门业绩的业务部门的股票。但拥有该股票的投资者没有权像其他上市公司的投资者那样对公司事务进行投票。</blockquote></p><p> Disney (DIS) used to have a tracking stock named Go.com for its online operations. NBC had an internet tracking stock as well. NBCi launched in 1999 -- back when GE (GE) owned NBC. Comcast (CMCSA) is now the parent of NBC.</p><p><blockquote>迪士尼(DIS)曾经有一只名为Go.com的跟踪股票,用于其在线业务。NBC也有一只互联网跟踪股票。NBCi于1999年推出,当时通用电气(GE)拥有NBC。康卡斯特(CMCSA)现在是NBC的母公司。</blockquote></p><p> CNN owner AT&T (T) had a tracking stock for its new (at the time) wireless unit in the early 2000s. So did Sprint (now owned by T-Mobile (TMUS)) for its PCS wireless division.</p><p><blockquote>CNN所有者AT&T(T)在2000年代初为其新的(当时的)无线部门持有跟踪股票。Sprint(现归T-Mobile(TMUS)所有)的PCS无线部门也是如此。</blockquote></p><p> None of these tracking stocks exist anymore.</p><p><blockquote>这些跟踪股票均已不复存在。</blockquote></p><p> <b>IPO and SPAC bubble and concerns about pricey valuations</b></p><p><blockquote><b>IPO和SPAC泡沫以及对昂贵估值的担忧</b></blockquote></p><p> There were also plenty of unprofitable companies rushing to go public, despite having little in the way of revenue let alone profits.</p><p><blockquote>还有许多未盈利的公司争先恐后地上市,尽管它们几乎没有收入,更不用说利润了。</blockquote></p><p> The spectacular collapse of Pets.com stock after its IPO in February 2000 -- just before the Nasdaq peaked -- is still the poster child of wretched market excess.</p><p><blockquote>Pets.com股票在2000年2月首次公开募股后(就在纳斯达克见顶之前)的惊人暴跌仍然是市场过剩的典型代表。</blockquote></p><p> The good news for investors today is that many of the big unicorns going public via IPOs, SPACs or directly listing their shares on exchanges are not Pets.com 2.0. Airbnb, Palantir, DoorDash and many other recent stock debuts are industry leaders.</p><p><blockquote>今天对投资者来说,好消息是,许多通过IPO、SPAC或直接在交易所上市的大型独角兽公司都不是Pets.com 2.0。爱彼迎、Palantir、DoorDash和许多其他最近首次亮相的股票都是行业领导者。</blockquote></p><p> Still, the valuations for many of these stocks are certifiably insane considering that many of the companies are still not profitable -- even though their revenues are substantial and growing rapidly.</p><p><blockquote>尽管如此,考虑到许多公司仍然没有盈利——尽管它们的收入可观且增长迅速,但其中许多股票的估值确实是疯狂的。</blockquote></p><p> The prices for top tech stocks, even the FAANGs, Microsoft (MSFT) and Tesla that currently dominate the S&P 500, might be unjustifiably high as well.</p><p><blockquote>顶级科技股的价格,甚至是目前主导标普500的FAANG、微软(MSFT)和特斯拉,也可能过高。</blockquote></p><p> According to data from FactSet, the S&P 500 is currently trading at more than 21 times earnings estimates for the next 12 months. That's above the five-year average of just under 18 and the 10-year average of nearly 16.</p><p><blockquote>FactSet的数据显示,这家标普500目前的市盈率超过未来12个月盈利预期的21倍。这高于略低于18岁的五年平均水平和近16岁的10年平均水平。</blockquote></p><p> It's also approaching the peak March 2000 levels of 24 times earnings estimates. In other words, the market is priced for perfection.</p><p><blockquote>它也接近2000年3月24倍盈利预期的峰值水平。换句话说,市场是为完美定价的。</blockquote></p><p> That's problematic. If (or when) the most bubbilicious stocks finally start to pull back, the sell-off can last a long time and the damage could be severe.</p><p><blockquote>这是有问题的。如果(或当)最具泡沫的股票最终开始回调,抛售可能会持续很长时间,损害可能会很严重。</blockquote></p><p> After all, when the Nasdaq first topped the 5,000 level in March 2000, it did so after surging past the 3,000 and 4,000 levels just a few months earlier. It was a mania. But once the dot-com bubble burst, the Nasdaq did not climb back above 5,000 again until March...2015.</p><p><blockquote>毕竟,当纳斯达克在2000年3月首次突破5,000点时,它是在几个月前飙升至3,000点和4,000点之后才这样做的。这是一种狂热。但一旦互联网泡沫破裂,纳斯达克直到2015年3月才再次回升至5000点以上。</blockquote></p><p> So last year's brief bear market pullback following the beginning of the Covid-19 outbreak in March could be just a small taste of what's to come for tech and momentum stocks.</p><p><blockquote>因此,去年3月份Covid-19爆发后的短暂熊市回调可能只是科技股和动量股未来的一小部分。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 2021 stock market looks an awful lot like 2000. That's bad news for Big Tech<blockquote>2021年的股市看起来与2000年非常相似。这对大型科技公司来说是个坏消息</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\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 2021 stock market looks an awful lot like 2000. That's bad news for Big Tech<blockquote>2021年的股市看起来与2000年非常相似。这对大型科技公司来说是个坏消息</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">cnn</strong><span class=\"h-time small\">2021-03-10 11:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)The recent pullback in tech stocks followed a spectacular surge at the start of the year. That should have longtime market observers worried about the similarities between now and the height of the dot-com bubble in 2000.</p><p><blockquote>纽约(CNN Business)科技股在年初大幅飙升后,最近又出现了回调。这应该会让长期的市场观察人士担心现在与2000年互联网泡沫顶峰时期的相似之处。</blockquote></p><p> For all those Millennial Robinhood traders who were just kids 20 years ago and are relative newbies to the market, the recent volatility should serve as a lesson. For all the times that people say that \"this time is different\" that's usually a telltale sign that it actually isn't.</p><p><blockquote>对于所有那些20年前还是孩子、市场相对新手的千禧一代Robinhood交易者来说,最近的波动应该成为一个教训。尽管人们总是说“这次不同了”,但这通常是一个信号,表明事实并非如此。</blockquote></p><p> The rise of meme stocks like GameStop (GME), the flurry of initial public offerings and special purpose acquisition company mergers as well as the stunning runs in Tesla (TSLA) and bitcoin (XBT) are nothing more than another case of the forces of market speculation running amok.</p><p><blockquote>游戏驿站(GME)等模因股票的崛起、一系列首次公开募股和特殊目的收购公司合并,以及特斯拉(TSLA)和比特币(XBT)的惊人表现,只不过是市场投机力量的又一个例子。</blockquote></p><p> Investors are buying companies with significant challenges and ignoring the weak fundamentals. GameStop isn't the only \"meme\" stock out there. Movie theater chain AMC (AMC), clothing retailer Express (EXPR) and headphone maker Koss (KOSS) have been soaring.</p><p><blockquote>投资者正在购买面临重大挑战的公司,而忽视了疲软的基本面。游戏驿站并不是唯一的“模因”股票。连锁影院AMC(AMC)、服装零售商Express(EXPR)和耳机制造商Koss(KOSS)的股价一直在飙升。</blockquote></p><p> And all the talk about \"stonks\" and cryptocurrencies on Reddit and in TikTok videos isn't really that much different than people chattering about how high they thought Qualcomm (QCOM) and Cisco (CSCO) were going to go in the late 1990s on Raging Bull and Yahoo Finance message boards.</p><p><blockquote>Reddit和TikTok视频中所有关于“stonks”和加密货币的讨论实际上与人们在Raging Bull和雅虎财经留言板上喋喋不休地谈论他们认为高通(QCOM)和思科(CSCO)在20世纪90年代末会达到多高没有太大区别。</blockquote></p><p> There are numerous other echoes to the tech craziness of the late 1990s.</p><p><blockquote>20世纪90年代末的科技疯狂还有许多其他的回声。</blockquote></p><p> <b>Investors partying too much like 1999?</b></p><p><blockquote><b>投资者聚会太像1999年了?</b></blockquote></p><p> Blank check SPAC mergers may not have been popular more than twenty years ago. But there was another hot financial trend at that time that was also a sign of market froth -- companies spinning off their online divisions or setting up so-called tracking stocks for them.</p><p><blockquote>空白支票SPAC合并在二十多年前可能并不流行。但当时还有另一个炙手可热的金融趋势也是市场泡沫的标志——公司剥离其在线部门或为其设立所谓的跟踪股票。</blockquote></p><p> Barnes and Noble, for example, trying to fight off competition from a still relatively new Amazon (AMZN), spun off its Barnesandnoble.com unit into a separately traded company in 1999. It was eventually folded back into the parent company.</p><p><blockquote>例如,Barnes and Noble为了抵御来自相对较新的亚马逊(AMZN)的竞争,于1999年将其Barnesandnoble.com部门分拆为一家独立上市的公司。它最终被收归母公司。</blockquote></p><p> Tracking stocks were even more ridiculous than dot-com spinoffs.</p><p><blockquote>跟踪股票甚至比互联网公司的分拆更荒谬。</blockquote></p><p> With a tracking stock, a company would sell shares of a business unit that merely tracked the performance of the division. But investors who owned the stock didn't have the right to vote on company matters like investors in other public companies did.</p><p><blockquote>通过跟踪股票,公司将出售仅跟踪该部门业绩的业务部门的股票。但拥有该股票的投资者没有权像其他上市公司的投资者那样对公司事务进行投票。</blockquote></p><p> Disney (DIS) used to have a tracking stock named Go.com for its online operations. NBC had an internet tracking stock as well. NBCi launched in 1999 -- back when GE (GE) owned NBC. Comcast (CMCSA) is now the parent of NBC.</p><p><blockquote>迪士尼(DIS)曾经有一只名为Go.com的跟踪股票,用于其在线业务。NBC也有一只互联网跟踪股票。NBCi于1999年推出,当时通用电气(GE)拥有NBC。康卡斯特(CMCSA)现在是NBC的母公司。</blockquote></p><p> CNN owner AT&T (T) had a tracking stock for its new (at the time) wireless unit in the early 2000s. So did Sprint (now owned by T-Mobile (TMUS)) for its PCS wireless division.</p><p><blockquote>CNN所有者AT&T(T)在2000年代初为其新的(当时的)无线部门持有跟踪股票。Sprint(现归T-Mobile(TMUS)所有)的PCS无线部门也是如此。</blockquote></p><p> None of these tracking stocks exist anymore.</p><p><blockquote>这些跟踪股票均已不复存在。</blockquote></p><p> <b>IPO and SPAC bubble and concerns about pricey valuations</b></p><p><blockquote><b>IPO和SPAC泡沫以及对昂贵估值的担忧</b></blockquote></p><p> There were also plenty of unprofitable companies rushing to go public, despite having little in the way of revenue let alone profits.</p><p><blockquote>还有许多未盈利的公司争先恐后地上市,尽管它们几乎没有收入,更不用说利润了。</blockquote></p><p> The spectacular collapse of Pets.com stock after its IPO in February 2000 -- just before the Nasdaq peaked -- is still the poster child of wretched market excess.</p><p><blockquote>Pets.com股票在2000年2月首次公开募股后(就在纳斯达克见顶之前)的惊人暴跌仍然是市场过剩的典型代表。</blockquote></p><p> The good news for investors today is that many of the big unicorns going public via IPOs, SPACs or directly listing their shares on exchanges are not Pets.com 2.0. Airbnb, Palantir, DoorDash and many other recent stock debuts are industry leaders.</p><p><blockquote>今天对投资者来说,好消息是,许多通过IPO、SPAC或直接在交易所上市的大型独角兽公司都不是Pets.com 2.0。爱彼迎、Palantir、DoorDash和许多其他最近首次亮相的股票都是行业领导者。</blockquote></p><p> Still, the valuations for many of these stocks are certifiably insane considering that many of the companies are still not profitable -- even though their revenues are substantial and growing rapidly.</p><p><blockquote>尽管如此,考虑到许多公司仍然没有盈利——尽管它们的收入可观且增长迅速,但其中许多股票的估值确实是疯狂的。</blockquote></p><p> The prices for top tech stocks, even the FAANGs, Microsoft (MSFT) and Tesla that currently dominate the S&P 500, might be unjustifiably high as well.</p><p><blockquote>顶级科技股的价格,甚至是目前主导标普500的FAANG、微软(MSFT)和特斯拉,也可能过高。</blockquote></p><p> According to data from FactSet, the S&P 500 is currently trading at more than 21 times earnings estimates for the next 12 months. That's above the five-year average of just under 18 and the 10-year average of nearly 16.</p><p><blockquote>FactSet的数据显示,这家标普500目前的市盈率超过未来12个月盈利预期的21倍。这高于略低于18岁的五年平均水平和近16岁的10年平均水平。</blockquote></p><p> It's also approaching the peak March 2000 levels of 24 times earnings estimates. In other words, the market is priced for perfection.</p><p><blockquote>它也接近2000年3月24倍盈利预期的峰值水平。换句话说,市场是为完美定价的。</blockquote></p><p> That's problematic. If (or when) the most bubbilicious stocks finally start to pull back, the sell-off can last a long time and the damage could be severe.</p><p><blockquote>这是有问题的。如果(或当)最具泡沫的股票最终开始回调,抛售可能会持续很长时间,损害可能会很严重。</blockquote></p><p> After all, when the Nasdaq first topped the 5,000 level in March 2000, it did so after surging past the 3,000 and 4,000 levels just a few months earlier. It was a mania. But once the dot-com bubble burst, the Nasdaq did not climb back above 5,000 again until March...2015.</p><p><blockquote>毕竟,当纳斯达克在2000年3月首次突破5,000点时,它是在几个月前飙升至3,000点和4,000点之后才这样做的。这是一种狂热。但一旦互联网泡沫破裂,纳斯达克直到2015年3月才再次回升至5000点以上。</blockquote></p><p> So last year's brief bear market pullback following the beginning of the Covid-19 outbreak in March could be just a small taste of what's to come for tech and momentum stocks.</p><p><blockquote>因此,去年3月份Covid-19爆发后的短暂熊市回调可能只是科技股和动量股未来的一小部分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://edition.cnn.com/2021/03/09/investing/stocks-tech-spacs-ipos-bubble/index.html\">cnn</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://edition.cnn.com/2021/03/09/investing/stocks-tech-spacs-ipos-bubble/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160680775","content_text":"New York (CNN Business)The recent pullback in tech stocks followed a spectacular surge at the start of the year. That should have longtime market observers worried about the similarities between now and the height of the dot-com bubble in 2000.\nFor all those Millennial Robinhood traders who were just kids 20 years ago and are relative newbies to the market, the recent volatility should serve as a lesson. For all the times that people say that \"this time is different\" that's usually a telltale sign that it actually isn't.\nThe rise of meme stocks like GameStop (GME), the flurry of initial public offerings and special purpose acquisition company mergers as well as the stunning runs in Tesla (TSLA) and bitcoin (XBT) are nothing more than another case of the forces of market speculation running amok.\nInvestors are buying companies with significant challenges and ignoring the weak fundamentals. GameStop isn't the only \"meme\" stock out there. Movie theater chain AMC (AMC), clothing retailer Express (EXPR) and headphone maker Koss (KOSS) have been soaring.\nAnd all the talk about \"stonks\" and cryptocurrencies on Reddit and in TikTok videos isn't really that much different than people chattering about how high they thought Qualcomm (QCOM) and Cisco (CSCO) were going to go in the late 1990s on Raging Bull and Yahoo Finance message boards.\nThere are numerous other echoes to the tech craziness of the late 1990s.\nInvestors partying too much like 1999?\nBlank check SPAC mergers may not have been popular more than twenty years ago. But there was another hot financial trend at that time that was also a sign of market froth -- companies spinning off their online divisions or setting up so-called tracking stocks for them.\nBarnes and Noble, for example, trying to fight off competition from a still relatively new Amazon (AMZN), spun off its Barnesandnoble.com unit into a separately traded company in 1999. It was eventually folded back into the parent company.\nTracking stocks were even more ridiculous than dot-com spinoffs.\nWith a tracking stock, a company would sell shares of a business unit that merely tracked the performance of the division. But investors who owned the stock didn't have the right to vote on company matters like investors in other public companies did.\nDisney (DIS) used to have a tracking stock named Go.com for its online operations. NBC had an internet tracking stock as well. NBCi launched in 1999 -- back when GE (GE) owned NBC. Comcast (CMCSA) is now the parent of NBC.\nCNN owner AT&T (T) had a tracking stock for its new (at the time) wireless unit in the early 2000s. So did Sprint (now owned by T-Mobile (TMUS)) for its PCS wireless division.\nNone of these tracking stocks exist anymore.\nIPO and SPAC bubble and concerns about pricey valuations\nThere were also plenty of unprofitable companies rushing to go public, despite having little in the way of revenue let alone profits.\nThe spectacular collapse of Pets.com stock after its IPO in February 2000 -- just before the Nasdaq peaked -- is still the poster child of wretched market excess.\nThe good news for investors today is that many of the big unicorns going public via IPOs, SPACs or directly listing their shares on exchanges are not Pets.com 2.0. Airbnb, Palantir, DoorDash and many other recent stock debuts are industry leaders.\nStill, the valuations for many of these stocks are certifiably insane considering that many of the companies are still not profitable -- even though their revenues are substantial and growing rapidly.\nThe prices for top tech stocks, even the FAANGs, Microsoft (MSFT) and Tesla that currently dominate the S&P 500, might be unjustifiably high as well.\nAccording to data from FactSet, the S&P 500 is currently trading at more than 21 times earnings estimates for the next 12 months. That's above the five-year average of just under 18 and the 10-year average of nearly 16.\nIt's also approaching the peak March 2000 levels of 24 times earnings estimates. In other words, the market is priced for perfection.\nThat's problematic. If (or when) the most bubbilicious stocks finally start to pull back, the sell-off can last a long time and the damage could be severe.\nAfter all, when the Nasdaq first topped the 5,000 level in March 2000, it did so after surging past the 3,000 and 4,000 levels just a few months earlier. It was a mania. But once the dot-com bubble burst, the Nasdaq did not climb back above 5,000 again until March...2015.\nSo last year's brief bear market pullback following the beginning of the Covid-19 outbreak in March could be just a small taste of what's to come for tech and momentum stocks.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892322517,"gmtCreate":1628640253539,"gmtModify":1633745543020,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Great news ","listText":"Great news ","text":"Great news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/892322517","repostId":"1181860181","repostType":4,"repost":{"id":"1181860181","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1628603123,"share":"https://www.laohu8.com/m/news/1181860181?lang=zh_CN&edition=full","pubTime":"2021-08-10 21:45","market":"us","language":"en","title":"Novavax shares jumped nearly 12% in early trading.<blockquote>Novavax股价早盘上涨近12%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181860181","media":"Tiger Newspress","summary":"Novavax shares jumped nearly 12% in early trading.\nThe New York State Common Retirement Fund, the th","content":"<p>Novavax shares jumped nearly 12% in early trading.</p><p><blockquote>Novavax股价早盘上涨近12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e7eaa88109e0546c102a9f6dcce84c43\" tg-width=\"849\" tg-height=\"606\" referrerpolicy=\"no-referrer\">The New York State Common Retirement Fund, the third-largest public pension in the United States, increased its exposure to Novavax shares,reported Barron's.</p><p><blockquote>据《巴伦周刊》报道,美国第三大公共养老金机构纽约州共同退休基金增加了对Novavax股票的投资。</blockquote></p><p> The pension also doubled its investment in COVID-19 vaccine play Moderna Inc .</p><p><blockquote>该养老金还将其对COVID-19疫苗公司Moderna Inc.的投资增加了一倍。</blockquote></p><p> The retirement fund also initiated a position in BioNTech SE , the German COVID-19 vaccine partner of Pfizer Inc.</p><p><blockquote>该退休基金还在辉瑞公司的德国COVID-19疫苗合作伙伴BioNTech SE设立了一个职位。</blockquote></p><p> Also on Monday, the Philippines’ Food and Drug Administration began evaluating Novavax’s application for emergency use authorization for its COVID-19 vaccine, as per areportfrom the Manila Bulletin.</p><p><blockquote>据《马尼拉公报》报道,同样在周一,菲律宾食品和药物管理局开始评估Novavax的COVID-19疫苗紧急使用授权申请。</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>Novavax shares jumped nearly 12% in early trading.<blockquote>Novavax股价早盘上涨近12%。</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\">\nNovavax shares jumped nearly 12% in early trading.<blockquote>Novavax股价早盘上涨近12%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-10 21:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Novavax shares jumped nearly 12% in early trading.</p><p><blockquote>Novavax股价早盘上涨近12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e7eaa88109e0546c102a9f6dcce84c43\" tg-width=\"849\" tg-height=\"606\" referrerpolicy=\"no-referrer\">The New York State Common Retirement Fund, the third-largest public pension in the United States, increased its exposure to Novavax shares,reported Barron's.</p><p><blockquote>据《巴伦周刊》报道,美国第三大公共养老金机构纽约州共同退休基金增加了对Novavax股票的投资。</blockquote></p><p> The pension also doubled its investment in COVID-19 vaccine play Moderna Inc .</p><p><blockquote>该养老金还将其对COVID-19疫苗公司Moderna Inc.的投资增加了一倍。</blockquote></p><p> The retirement fund also initiated a position in BioNTech SE , the German COVID-19 vaccine partner of Pfizer Inc.</p><p><blockquote>该退休基金还在辉瑞公司的德国COVID-19疫苗合作伙伴BioNTech SE设立了一个职位。</blockquote></p><p> Also on Monday, the Philippines’ Food and Drug Administration began evaluating Novavax’s application for emergency use authorization for its COVID-19 vaccine, as per areportfrom the Manila Bulletin.</p><p><blockquote>据《马尼拉公报》报道,同样在周一,菲律宾食品和药物管理局开始评估Novavax的COVID-19疫苗紧急使用授权申请。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181860181","content_text":"Novavax shares jumped nearly 12% in early trading.\nThe New York State Common Retirement Fund, the third-largest public pension in the United States, increased its exposure to Novavax shares,reported Barron's.\nThe pension also doubled its investment in COVID-19 vaccine play Moderna Inc .\nThe retirement fund also initiated a position in BioNTech SE , the German COVID-19 vaccine partner of Pfizer Inc.\nAlso on Monday, the Philippines’ Food and Drug Administration began evaluating Novavax’s application for emergency use authorization for its COVID-19 vaccine, as per areportfrom the Manila Bulletin.","news_type":1,"symbols_score_info":{"NVAX":0.9}},"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":840278788,"gmtCreate":1635653989960,"gmtModify":1635653990101,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>[弱] [弱] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>[弱] [弱] ","text":"$Tiger Brokers(TIGR)$[弱] 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","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831210023","repostId":"1121203256","repostType":4,"repost":{"id":"1121203256","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629326730,"share":"https://www.laohu8.com/m/news/1121203256?lang=zh_CN&edition=full","pubTime":"2021-08-19 06:45","market":"us","language":"en","title":"Nvidia Stock Is Surging on Strong Earnings. Here’s What to Know.<blockquote>英伟达股价因强劲盈利而飙升。以下是需要了解的内容。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121203256","media":"Tiger Newspress","summary":"Graphics-chip maker Nvidia reported record games and data-center revenue late Wednesday, which helpe","content":"<p>Graphics-chip maker Nvidia reported record games and data-center revenue late Wednesday, which helped power the company past consensus estimates.</p><p><blockquote>图形芯片制造商英伟达周三晚间公布了创纪录的游戏和数据中心收入,这帮助该公司超出了普遍预期。</blockquote></p><p> Nvidia (ticker: NVDA) stock jumped 2.2% in the extended session, after falling 2.2% to $190.40 in regular trading Wednesday.</p><p><blockquote>英伟达(股票代码:NVDA)股价在周三常规交易中下跌2.2%至190.40美元后,在延长交易时段上涨2.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/56cb37391abaf1c28229e3ef8a5de555\" tg-width=\"896\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Nvidia reported fiscal-second-quarter net income of $2.4 billion, which amounts to 94 cents a share, compared with a profit of $622 million, or 25 cents a share, in the year-ago period. Adjusted for stock compensation, among other things, earnings were $1.04 a share. Revenue rose 68% to $6.5 billion.</p><p><blockquote>英伟达公布第二财季净利润为24亿美元,相当于每股94美分,而去年同期利润为6.22亿美元,相当于每股25美分。经股票薪酬调整后,每股收益为1.04美元。收入增长68%至65亿美元。</blockquote></p><p> Analysts had forecast adjusted earnings of $1.01 a share on revenue of $6.3 billion.</p><p><blockquote>分析师此前预测调整后每股收益为1.01美元,营收为63亿美元。</blockquote></p><p> Nvidia slightly topped expectations for its data center and videogame businesses. The company reported second-quarter data-center revenue rose 35% to $2.4 billion, from a year ago, as videogame revenue grew 85% to $3.1 billion; analysts had expected revenue of $2.3 billion, and $3 billion respectively. The company’s closely watched quarterly cryptocurrency-mining-chip sales arrived well below the finance chief’s forecast.</p><p><blockquote>英伟达的数据中心和视频游戏业务略高于预期。该公司报告称,第二季度数据中心收入同比增长35%至24亿美元,视频游戏收入增长85%至31亿美元;分析师此前预计营收分别为23亿美元和30亿美元。该公司备受关注的季度加密货币挖矿芯片销售额远低于财务主管的预测。</blockquote></p><p> Chief Financial Officer Colette Kress said in written remarks that the data-center growth was a result of more companies adopting Ampere-based server chips, which the company began selling last year. Hyperscale customers contributed to sequential growth from the first quarter, Kress said.</p><p><blockquote>首席财务官Colette Kress在书面讲话中表示,数据中心的增长是更多公司采用基于Ampere的服务器芯片的结果,该公司去年开始销售这种芯片。克雷斯表示,超大规模客户为第一季度的环比增长做出了贡献。</blockquote></p><p> Videogame-revenue growth was driven by higher sales of graphics processors, and its chips designed for Nintendo‘s mobile Switch console, Kress said. Though the company is unable to determine whether its graphics chips are used by gamers or cryptocurrency miners, Kress said 80% of the graphics chips shipped had their mining capabilities limited.</p><p><blockquote>克雷斯表示,视频游戏收入增长是由图形处理器及其为任天堂移动Switch游戏机设计的芯片销量增加推动的。尽管该公司无法确定其图形芯片是由游戏玩家还是加密货币矿工使用,但Kress表示,80%出货的图形芯片的挖矿能力有限。</blockquote></p><p> Nvidia reported cryptocurrency-chip revenue of $266 million, well below Kress’ $400 million forecast. The company includes crypto-mining chips in its OEM segment, which reported overall revenue of $409 million.</p><p><blockquote>Nvidia公布的加密货币芯片收入为2.66亿美元,远低于Kress 4亿美元的预测。该公司的OEM部门包括加密挖矿芯片,该部门的总收入为4.09亿美元。</blockquote></p><p> Investors have followed Nvidia’s cryptocurrency sales closely because a drop in prices several years ago led to roughly four quarters of declining revenue for the company. Declining sales may prove a relief to some investors who were concerned the company’s success in recent quarters resulted from soaring cryptocurrency prices.</p><p><blockquote>投资者一直密切关注英伟达的加密货币销售情况,因为几年前价格下跌导致该公司收入下降了大约四个季度。销售额下降可能会让一些投资者松一口气,他们担心该公司最近几个季度的成功是由于加密货币价格飙升造成的。</blockquote></p><p> The chip maker said it expected third-quarter revenue of roughly $6.8 billion, and didn’t issue an adjusted earnings-per-share forecast. Analysts had expected revenue of $6.5 billion.</p><p><blockquote>这家芯片制造商表示,预计第三季度营收约为68亿美元,但没有发布调整后的每股收益预测。分析师此前预计营收为65亿美元。</blockquote></p><p> Despite reports of trouble, Nvidia said it was “working through the regulatory process” for its $40 billion acquisition of Arm Holdings, and said it believed the deal would go through. Kress said discussions with regulators were taking longer than the company had predicted.</p><p><blockquote>尽管有报道称出现了麻烦,但英伟达表示,它正在为400亿美元收购Arm Holdings的交易“通过监管程序”,并表示相信这笔交易将会通过。克雷斯表示,与监管机构的讨论时间比该公司预期的要长。</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>Nvidia Stock Is Surging on Strong Earnings. Here’s What to Know.<blockquote>英伟达股价因强劲盈利而飙升。以下是需要了解的内容。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Is Surging on Strong Earnings. Here’s What to Know.<blockquote>英伟达股价因强劲盈利而飙升。以下是需要了解的内容。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-19 06:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Graphics-chip maker Nvidia reported record games and data-center revenue late Wednesday, which helped power the company past consensus estimates.</p><p><blockquote>图形芯片制造商英伟达周三晚间公布了创纪录的游戏和数据中心收入,这帮助该公司超出了普遍预期。</blockquote></p><p> Nvidia (ticker: NVDA) stock jumped 2.2% in the extended session, after falling 2.2% to $190.40 in regular trading Wednesday.</p><p><blockquote>英伟达(股票代码:NVDA)股价在周三常规交易中下跌2.2%至190.40美元后,在延长交易时段上涨2.2%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/56cb37391abaf1c28229e3ef8a5de555\" tg-width=\"896\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Nvidia reported fiscal-second-quarter net income of $2.4 billion, which amounts to 94 cents a share, compared with a profit of $622 million, or 25 cents a share, in the year-ago period. Adjusted for stock compensation, among other things, earnings were $1.04 a share. Revenue rose 68% to $6.5 billion.</p><p><blockquote>英伟达公布第二财季净利润为24亿美元,相当于每股94美分,而去年同期利润为6.22亿美元,相当于每股25美分。经股票薪酬调整后,每股收益为1.04美元。收入增长68%至65亿美元。</blockquote></p><p> Analysts had forecast adjusted earnings of $1.01 a share on revenue of $6.3 billion.</p><p><blockquote>分析师此前预测调整后每股收益为1.01美元,营收为63亿美元。</blockquote></p><p> Nvidia slightly topped expectations for its data center and videogame businesses. The company reported second-quarter data-center revenue rose 35% to $2.4 billion, from a year ago, as videogame revenue grew 85% to $3.1 billion; analysts had expected revenue of $2.3 billion, and $3 billion respectively. The company’s closely watched quarterly cryptocurrency-mining-chip sales arrived well below the finance chief’s forecast.</p><p><blockquote>英伟达的数据中心和视频游戏业务略高于预期。该公司报告称,第二季度数据中心收入同比增长35%至24亿美元,视频游戏收入增长85%至31亿美元;分析师此前预计营收分别为23亿美元和30亿美元。该公司备受关注的季度加密货币挖矿芯片销售额远低于财务主管的预测。</blockquote></p><p> Chief Financial Officer Colette Kress said in written remarks that the data-center growth was a result of more companies adopting Ampere-based server chips, which the company began selling last year. Hyperscale customers contributed to sequential growth from the first quarter, Kress said.</p><p><blockquote>首席财务官Colette Kress在书面讲话中表示,数据中心的增长是更多公司采用基于Ampere的服务器芯片的结果,该公司去年开始销售这种芯片。克雷斯表示,超大规模客户为第一季度的环比增长做出了贡献。</blockquote></p><p> Videogame-revenue growth was driven by higher sales of graphics processors, and its chips designed for Nintendo‘s mobile Switch console, Kress said. Though the company is unable to determine whether its graphics chips are used by gamers or cryptocurrency miners, Kress said 80% of the graphics chips shipped had their mining capabilities limited.</p><p><blockquote>克雷斯表示,视频游戏收入增长是由图形处理器及其为任天堂移动Switch游戏机设计的芯片销量增加推动的。尽管该公司无法确定其图形芯片是由游戏玩家还是加密货币矿工使用,但Kress表示,80%出货的图形芯片的挖矿能力有限。</blockquote></p><p> Nvidia reported cryptocurrency-chip revenue of $266 million, well below Kress’ $400 million forecast. The company includes crypto-mining chips in its OEM segment, which reported overall revenue of $409 million.</p><p><blockquote>Nvidia公布的加密货币芯片收入为2.66亿美元,远低于Kress 4亿美元的预测。该公司的OEM部门包括加密挖矿芯片,该部门的总收入为4.09亿美元。</blockquote></p><p> Investors have followed Nvidia’s cryptocurrency sales closely because a drop in prices several years ago led to roughly four quarters of declining revenue for the company. Declining sales may prove a relief to some investors who were concerned the company’s success in recent quarters resulted from soaring cryptocurrency prices.</p><p><blockquote>投资者一直密切关注英伟达的加密货币销售情况,因为几年前价格下跌导致该公司收入下降了大约四个季度。销售额下降可能会让一些投资者松一口气,他们担心该公司最近几个季度的成功是由于加密货币价格飙升造成的。</blockquote></p><p> The chip maker said it expected third-quarter revenue of roughly $6.8 billion, and didn’t issue an adjusted earnings-per-share forecast. Analysts had expected revenue of $6.5 billion.</p><p><blockquote>这家芯片制造商表示,预计第三季度营收约为68亿美元,但没有发布调整后的每股收益预测。分析师此前预计营收为65亿美元。</blockquote></p><p> Despite reports of trouble, Nvidia said it was “working through the regulatory process” for its $40 billion acquisition of Arm Holdings, and said it believed the deal would go through. Kress said discussions with regulators were taking longer than the company had predicted.</p><p><blockquote>尽管有报道称出现了麻烦,但英伟达表示,它正在为400亿美元收购Arm Holdings的交易“通过监管程序”,并表示相信这笔交易将会通过。克雷斯表示,与监管机构的讨论时间比该公司预期的要长。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121203256","content_text":"Graphics-chip maker Nvidia reported record games and data-center revenue late Wednesday, which helped power the company past consensus estimates.\nNvidia (ticker: NVDA) stock jumped 2.2% in the extended session, after falling 2.2% to $190.40 in regular trading Wednesday.\n\nNvidia reported fiscal-second-quarter net income of $2.4 billion, which amounts to 94 cents a share, compared with a profit of $622 million, or 25 cents a share, in the year-ago period. Adjusted for stock compensation, among other things, earnings were $1.04 a share. Revenue rose 68% to $6.5 billion.\nAnalysts had forecast adjusted earnings of $1.01 a share on revenue of $6.3 billion.\nNvidia slightly topped expectations for its data center and videogame businesses. The company reported second-quarter data-center revenue rose 35% to $2.4 billion, from a year ago, as videogame revenue grew 85% to $3.1 billion; analysts had expected revenue of $2.3 billion, and $3 billion respectively. The company’s closely watched quarterly cryptocurrency-mining-chip sales arrived well below the finance chief’s forecast.\nChief Financial Officer Colette Kress said in written remarks that the data-center growth was a result of more companies adopting Ampere-based server chips, which the company began selling last year. Hyperscale customers contributed to sequential growth from the first quarter, Kress said.\nVideogame-revenue growth was driven by higher sales of graphics processors, and its chips designed for Nintendo‘s mobile Switch console, Kress said. Though the company is unable to determine whether its graphics chips are used by gamers or cryptocurrency miners, Kress said 80% of the graphics chips shipped had their mining capabilities limited.\nNvidia reported cryptocurrency-chip revenue of $266 million, well below Kress’ $400 million forecast. The company includes crypto-mining chips in its OEM segment, which reported overall revenue of $409 million.\nInvestors have followed Nvidia’s cryptocurrency sales closely because a drop in prices several years ago led to roughly four quarters of declining revenue for the company. Declining sales may prove a relief to some investors who were concerned the company’s success in recent quarters resulted from soaring cryptocurrency prices.\nThe chip maker said it expected third-quarter revenue of roughly $6.8 billion, and didn’t issue an adjusted earnings-per-share forecast. Analysts had expected revenue of $6.5 billion.\nDespite reports of trouble, Nvidia said it was “working through the regulatory process” for its $40 billion acquisition of Arm Holdings, and said it believed the deal would go through. Kress said discussions with regulators were taking longer than the company had predicted.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830301182,"gmtCreate":1629006856646,"gmtModify":1633687992138,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Buy more. ","listText":"Buy more. ","text":"Buy more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830301182","repostId":"2159214569","repostType":4,"repost":{"id":"2159214569","kind":"highlight","pubTimestamp":1628989290,"share":"https://www.laohu8.com/m/news/2159214569?lang=zh_CN&edition=full","pubTime":"2021-08-15 09:01","market":"us","language":"en","title":"How to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比,如何评估蔚来股票的价值</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159214569","media":"MarkeWatch","summary":"Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.So where does Nio $$","content":"<p>Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.</p><p><blockquote>蔚来可能是一家相对较小的公司。但投资者看好这家中国电动汽车制造商的前景。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459f713c5dfcf08752165d643a5f1463\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>A Nio store in downtown Shanghai. (Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>上海市中心的一家蔚来店。(盖蒂图片社)</span></p></blockquote></p><p> Chinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.</p><p><blockquote>中国电动汽车制造商蔚来在美国不销售汽车,其市值为602亿美元。以此衡量,它比1903年成立的福特汽车公司还要大。</blockquote></p><p> That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.</p><p><blockquote>作为投资者,这对您来说可能是有意义的——毕竟,蔚来是一家只销售电动汽车的创新公司。福特是一家传统汽车制造商,正在努力迎头赶上并最终全面过渡到电动汽车。蔚来的股价在过去一年上涨了两倍多,而福特的股价在过去十年暴跌后几乎翻了一番。</blockquote></p><p> So where does Nio <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.</p><p><blockquote>那么蔚来在哪里<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>该公司在周三股市收盘后公布了第二季度业绩,符合投资理论吗?下面的屏幕显示了其股票估值与汽车产量的比较,以及该估值与2025年预计收益的关系。</blockquote></p><p> <b>Doubling car production</b></p><p><blockquote><b>汽车产量翻倍</b></blockquote></p><p> For the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.</p><p><blockquote>第二季度,蔚来交付了21,896辆汽车,同比增长112%。增长令人印象深刻,但销售的车辆总数仍然相对较少。</blockquote></p><p> Here's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:</p><p><blockquote>以下是按市值计算的10家最大汽车制造商,以及它们第二季度的销售额或交付量(如果两者都报告,以较高者为准)以及表下方的附加颜色:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9e9aed76c94544dbe44cde9f7c8bebc\" tg-width=\"931\" tg-height=\"761\" width=\"100%\" height=\"auto\"> <table> <tbody> <tr></tr> </tbody> </table> You can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc. and Nio, on this list -- may (or may not) become as large as legacy players.</p><p><blockquote><table><tbody><tr></tr></tbody></table>你可以看到,这些估值是关于未来的,届时电动汽车领域的创新者——名单上的特斯拉公司和蔚来——可能(也可能不会)变得与传统企业一样大。</blockquote></p><p> For now, Ford churns out mostly internal combustion engine vehicles at nearly 35 times the rate that Nio makes EVs.</p><p><blockquote>目前,福特主要生产内燃机汽车,其速度几乎是蔚来电动汽车生产速度的35倍。</blockquote></p><p> One thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.</p><p><blockquote>需要注意的一件事是,传统汽车制造商并不都以相同的方式报告其销量。大多数人都没有公布电动汽车销量。</blockquote></p><p> Among those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:</p><p><blockquote>在那些这样做的国家中,定义各不相同。例如,丰田汽车公司(7203.TO)报告称,第二季度“电动汽车”销量占汽车总销量的26.6%。但该类别包括:</blockquote></p><p> For Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.</p><p><blockquote>对于丰田来说,纯电动汽车仅占第二季度销量的0.2%,而蔚来和特斯拉则占100%。丰田的PHEV销量占总销量的1.4%。</blockquote></p><p> Volkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.</p><p><blockquote>大众汽车公司报告称,电动汽车销量包括PHEV(占第二季度销量的6.7%)和BEV(占总销量的4.4%)。这些数字令人印象深刻:总计11.1%。</blockquote></p><p> For Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.</p><p><blockquote>对于Bayerische Motoren Werke Aktiengesellschaft(更广为人知的名称是BWM Group)来说,第二季度电动汽车交付量的细分数据尚未公布,但2021年上半年,交付了153,243辆全电动或插电式混合动力汽车,或占总交付量的11.4%。</blockquote></p><p> <b>Valuation to earnings estimates</b></p><p><blockquote><b>估值与盈利预测之比</b></blockquote></p><p> For companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.</p><p><blockquote>对于处于早期阶段的公司来说,市盈率的比较可能意义不大。这类公司关注的是增长而不是利润。这方面的一个例子是亚马逊公司。<a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>几十年来,该公司的市盈率一直很高,因为它一直在努力扩展到新的业务领域,但牺牲了利润。</blockquote></p><p> A high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.</p><p><blockquote>高市盈率可以反映投资者对创新的热情,就电动汽车而言,也可以反映行业转型的政治共识。因此,蔚来和特斯拉的市盈率远高于传统汽车制造商。</blockquote></p><p> Then again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.</p><p><blockquote>话又说回来,非常低的市盈率可能表明投资者对老牌制造商过于蔑视,因为他们利用持续大量销售传统汽车的现金流来资助电动汽车的开发。机会可能会凸显。</blockquote></p><p> Normally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.</p><p><blockquote>通常,远期市盈率的计算方法是将股价除以12个月每股收益的滚动共识估计。这并不适用于此处列出的所有公司,因此我们使用对2022年净利润的共识估计。</blockquote></p><p> First, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:</p><p><blockquote>首先,以下是基于当前市值和FactSet调查的分析师对2022年普遍预期的市盈率。该表包括截至2025年的年度预测,以及基于当前市值和2025年预测的市盈率:</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/459439c822252d09b3dfb73cc5d51211\" tg-width=\"1058\" tg-height=\"743\" width=\"100%\" height=\"auto\"> Nio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.</p><p><blockquote>蔚来预计将于2023年实现盈利。展望2024年,其远期市盈率低于特斯拉。为了正确看待未来市盈率估值,标普500指数的加权交易价格是2022年每股收益普遍预期的20.5倍。</blockquote></p><p> <b>Valuation to sales</b></p><p><blockquote><b>估值与销售额之比</b></blockquote></p><p> <table> <tbody> <tr></tr> <tr></tr> </tbody> </table> Forward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.</p><p><blockquote><table><tbody><tr></tr><tr></tr></tbody></table>对于利润较低或净亏损的早期公司来说,远期市销率估计可能更有用。话又说回来,同样的扭曲也适用:投资者现在喜欢纯电动汽车制造商,当你考虑到蔚来的股价在过去一年中上涨了两倍多,而特斯拉的股价却上涨了150%时,他们可能会为它们支付过高的价格。</blockquote></p><p> Here's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:</p><p><blockquote>以下是一组推动市销率的类似数据,再次使用当前市值(在本文顶部的第一个表格中)和以百万美元为单位的共识全年估计:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c8c0b7d002e07914e42fcdf0e624b25c\" tg-width=\"1051\" tg-height=\"668\" width=\"100%\" height=\"auto\"> For reference, the S&P 500 trades for 2.7 times its consensus 2022 sales estimate.</p><p><blockquote>作为参考,标普500的交易价格是其2022年普遍销售预期的2.7倍。</blockquote></p><p> <table> <tbody> <tr></tr> </tbody> </table> <b>Analysts' opinions</b></p><p><blockquote><table><tbody><tr></tr></tbody></table><b>分析师观点</b></blockquote></p><p> Here's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:</p><p><blockquote>以下是FactSet调查的分析师对10家汽车制造商的看法摘要。对于主要在美国以外上市的公司,使用当地股票代码。所有股价和目标均以当地货币计算:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32f38063eabf2e93f73561a0454a44ac\" tg-width=\"1059\" tg-height=\"639\" width=\"100%\" height=\"auto\"> <table> <tbody> <tr></tr> </tbody> </table></p><p><blockquote><table><tbody><tr></tr></tbody></table></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>How to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比,如何评估蔚来股票的价值</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\">\nHow to value Nio's stock compared to Tesla, VW, Ford and other rivals<blockquote>与特斯拉、大众、福特和其他竞争对手相比,如何评估蔚来股票的价值</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarkeWatch</strong><span class=\"h-time small\">2021-08-15 09:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.</p><p><blockquote>蔚来可能是一家相对较小的公司。但投资者看好这家中国电动汽车制造商的前景。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459f713c5dfcf08752165d643a5f1463\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>A Nio store in downtown Shanghai. (Getty Images)</span></p><p><blockquote><p class=\"t-img-caption\"><span>上海市中心的一家蔚来店。(盖蒂图片社)</span></p></blockquote></p><p> Chinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.</p><p><blockquote>中国电动汽车制造商蔚来在美国不销售汽车,其市值为602亿美元。以此衡量,它比1903年成立的福特汽车公司还要大。</blockquote></p><p> That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.</p><p><blockquote>作为投资者,这对您来说可能是有意义的——毕竟,蔚来是一家只销售电动汽车的创新公司。福特是一家传统汽车制造商,正在努力迎头赶上并最终全面过渡到电动汽车。蔚来的股价在过去一年上涨了两倍多,而福特的股价在过去十年暴跌后几乎翻了一番。</blockquote></p><p> So where does Nio <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.</p><p><blockquote>那么蔚来在哪里<a href=\"https://laohu8.com/S/NIO\">$(蔚来)$</a>该公司在周三股市收盘后公布了第二季度业绩,符合投资理论吗?下面的屏幕显示了其股票估值与汽车产量的比较,以及该估值与2025年预计收益的关系。</blockquote></p><p> <b>Doubling car production</b></p><p><blockquote><b>汽车产量翻倍</b></blockquote></p><p> For the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.</p><p><blockquote>第二季度,蔚来交付了21,896辆汽车,同比增长112%。增长令人印象深刻,但销售的车辆总数仍然相对较少。</blockquote></p><p> Here's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:</p><p><blockquote>以下是按市值计算的10家最大汽车制造商,以及它们第二季度的销售额或交付量(如果两者都报告,以较高者为准)以及表下方的附加颜色:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d9e9aed76c94544dbe44cde9f7c8bebc\" tg-width=\"931\" tg-height=\"761\" width=\"100%\" height=\"auto\"> <table> <tbody> <tr></tr> </tbody> </table> You can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc. and Nio, on this list -- may (or may not) become as large as legacy players.</p><p><blockquote><table><tbody><tr></tr></tbody></table>你可以看到,这些估值是关于未来的,届时电动汽车领域的创新者——名单上的特斯拉公司和蔚来——可能(也可能不会)变得与传统企业一样大。</blockquote></p><p> For now, Ford churns out mostly internal combustion engine vehicles at nearly 35 times the rate that Nio makes EVs.</p><p><blockquote>目前,福特主要生产内燃机汽车,其速度几乎是蔚来电动汽车生产速度的35倍。</blockquote></p><p> One thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.</p><p><blockquote>需要注意的一件事是,传统汽车制造商并不都以相同的方式报告其销量。大多数人都没有公布电动汽车销量。</blockquote></p><p> Among those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:</p><p><blockquote>在那些这样做的国家中,定义各不相同。例如,丰田汽车公司(7203.TO)报告称,第二季度“电动汽车”销量占汽车总销量的26.6%。但该类别包括:</blockquote></p><p> For Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.</p><p><blockquote>对于丰田来说,纯电动汽车仅占第二季度销量的0.2%,而蔚来和特斯拉则占100%。丰田的PHEV销量占总销量的1.4%。</blockquote></p><p> Volkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.</p><p><blockquote>大众汽车公司报告称,电动汽车销量包括PHEV(占第二季度销量的6.7%)和BEV(占总销量的4.4%)。这些数字令人印象深刻:总计11.1%。</blockquote></p><p> For Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.</p><p><blockquote>对于Bayerische Motoren Werke Aktiengesellschaft(更广为人知的名称是BWM Group)来说,第二季度电动汽车交付量的细分数据尚未公布,但2021年上半年,交付了153,243辆全电动或插电式混合动力汽车,或占总交付量的11.4%。</blockquote></p><p> <b>Valuation to earnings estimates</b></p><p><blockquote><b>估值与盈利预测之比</b></blockquote></p><p> For companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.</p><p><blockquote>对于处于早期阶段的公司来说,市盈率的比较可能意义不大。这类公司关注的是增长而不是利润。这方面的一个例子是亚马逊公司。<a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>几十年来,该公司的市盈率一直很高,因为它一直在努力扩展到新的业务领域,但牺牲了利润。</blockquote></p><p> A high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.</p><p><blockquote>高市盈率可以反映投资者对创新的热情,就电动汽车而言,也可以反映行业转型的政治共识。因此,蔚来和特斯拉的市盈率远高于传统汽车制造商。</blockquote></p><p> Then again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.</p><p><blockquote>话又说回来,非常低的市盈率可能表明投资者对老牌制造商过于蔑视,因为他们利用持续大量销售传统汽车的现金流来资助电动汽车的开发。机会可能会凸显。</blockquote></p><p> Normally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.</p><p><blockquote>通常,远期市盈率的计算方法是将股价除以12个月每股收益的滚动共识估计。这并不适用于此处列出的所有公司,因此我们使用对2022年净利润的共识估计。</blockquote></p><p> First, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:</p><p><blockquote>首先,以下是基于当前市值和FactSet调查的分析师对2022年普遍预期的市盈率。该表包括截至2025年的年度预测,以及基于当前市值和2025年预测的市盈率:</blockquote></p><p></p><p> <img src=\"https://static.tigerbbs.com/459439c822252d09b3dfb73cc5d51211\" tg-width=\"1058\" tg-height=\"743\" width=\"100%\" height=\"auto\"> Nio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.</p><p><blockquote>蔚来预计将于2023年实现盈利。展望2024年,其远期市盈率低于特斯拉。为了正确看待未来市盈率估值,标普500指数的加权交易价格是2022年每股收益普遍预期的20.5倍。</blockquote></p><p> <b>Valuation to sales</b></p><p><blockquote><b>估值与销售额之比</b></blockquote></p><p> <table> <tbody> <tr></tr> <tr></tr> </tbody> </table> Forward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.</p><p><blockquote><table><tbody><tr></tr><tr></tr></tbody></table>对于利润较低或净亏损的早期公司来说,远期市销率估计可能更有用。话又说回来,同样的扭曲也适用:投资者现在喜欢纯电动汽车制造商,当你考虑到蔚来的股价在过去一年中上涨了两倍多,而特斯拉的股价却上涨了150%时,他们可能会为它们支付过高的价格。</blockquote></p><p> Here's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:</p><p><blockquote>以下是一组推动市销率的类似数据,再次使用当前市值(在本文顶部的第一个表格中)和以百万美元为单位的共识全年估计:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c8c0b7d002e07914e42fcdf0e624b25c\" tg-width=\"1051\" tg-height=\"668\" width=\"100%\" height=\"auto\"> For reference, the S&P 500 trades for 2.7 times its consensus 2022 sales estimate.</p><p><blockquote>作为参考,标普500的交易价格是其2022年普遍销售预期的2.7倍。</blockquote></p><p> <table> <tbody> <tr></tr> </tbody> </table> <b>Analysts' opinions</b></p><p><blockquote><table><tbody><tr></tr></tbody></table><b>分析师观点</b></blockquote></p><p> Here's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:</p><p><blockquote>以下是FactSet调查的分析师对10家汽车制造商的看法摘要。对于主要在美国以外上市的公司,使用当地股票代码。所有股价和目标均以当地货币计算:</blockquote></p><p> <img src=\"https://static.tigerbbs.com/32f38063eabf2e93f73561a0454a44ac\" tg-width=\"1059\" tg-height=\"639\" width=\"100%\" height=\"auto\"> <table> <tbody> <tr></tr> </tbody> </table></p><p><blockquote><table><tbody><tr></tr></tbody></table></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news\">MarkeWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","HMC":"本田汽车","F":"福特汽车","TSLA":"特斯拉","GM":"通用汽车","STLA":"Stellantis NV"},"source_url":"https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159214569","content_text":"Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.\nA Nio store in downtown Shanghai. (Getty Images)\nChinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.\nThat might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.\nSo where does Nio $(NIO)$, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.\nDoubling car production\nFor the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.\nHere's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:\n\n\n\n\n\n\nYou can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc. and Nio, on this list -- may (or may not) become as large as legacy players.\nFor now, Ford churns out mostly internal combustion engine vehicles at nearly 35 times the rate that Nio makes EVs.\nOne thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.\nAmong those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:\nFor Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.\nVolkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.\nFor Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.\nValuation to earnings estimates\nFor companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. $(AMZN)$, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.\nA high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.\nThen again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.\nNormally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.\nFirst, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:\n\nNio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.\nValuation to sales\n\n\n\n\n\n\nForward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.\nHere's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:\n\nFor reference, the S&P 500 trades for 2.7 times its consensus 2022 sales estimate.\n\n\n\n\n\nAnalysts' opinions\nHere's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:","news_type":1,"symbols_score_info":{"GM":0.9,"NIO":0.9,"HMC":0.9,"STLA":0.9,"F":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897624978,"gmtCreate":1628914475294,"gmtModify":1633688513843,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Like pls ","listText":"Like pls ","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897624978","repostId":"1144073354","repostType":4,"repost":{"id":"1144073354","kind":"news","pubTimestamp":1628904044,"share":"https://www.laohu8.com/m/news/1144073354?lang=zh_CN&edition=full","pubTime":"2021-08-14 09:20","market":"us","language":"en","title":"Dow, S&P End Week at Record Highs. It’s Not That Exciting.<blockquote>道琼斯指数和标准普尔指数周末创下历史新高。没那么刺激。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1144073354","media":"Barrons","summary":"Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should ","content":"<p>Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.</p><p><blockquote>冒险。兴奋。最近股市似乎并不渴望这些东西。投资者应该希望这种情况保持下去。</blockquote></p><p> It wasn’t quite like watching paint dry this past week, but it wasn’t that far off, either. Earnings reports were few and far between, the most prominent coming from Walt Disney (ticker: DIS) and eBay (EBAY). The economic news, including July’s consumer-price data, didn’t contain any shockers. And while the S&P 500 closed the week on a streak of four new highs, one of them was by less than a quarter of a point. The index rose 0.7%, to 4468.00, while the Dow Jones Industrial Average gained 306.87 points, or 0.9%, to 35,515.38. The Nasdaq Composite dipped 0.1%. to 14,822.90.</p><p><blockquote>这不太像在过去的一周里看着油漆变干,但也没有那么遥远。收益报告很少,其中最突出的来自华特迪士尼(股票代码:DIS)和eBay(EBAY)。包括7月份消费者价格数据在内的经济新闻没有任何令人震惊的内容。尽管标普500本周连续四次创下新高,但其中一次涨幅不到四分之一个百分点。该指数上涨0.7%,至4468.00点,道琼斯工业平均指数上涨306.87点,即0.9%,至35,515.38点。纳斯达克综合指数下跌0.1%。至14,822.90。</blockquote></p><p> Exuberance this ain’t.</p><p><blockquote>繁荣这不是。</blockquote></p><p> <b>Why Stock Prices Are Poised to Keep Rising</b></p><p><blockquote><b>为什么股价将持续上涨</b></blockquote></p><p> Still, there was some action underneath the surface. Tech,particularly chip stockslikeMicron Technology(MU),Lam Research(LRCX), andApplied Materials(AMAT), took it on the chin, while banks, includingGoldman Sachs Group(GS), and industrials such asCaterpillar(CAT), soared. And theInvesco S&P 500 Equal Weightexchange-traded fund (RSP) gained 0.8% on the week, outpacing the market-cap-weighted version.</p><p><blockquote>尽管如此,表面之下还是有一些行动。科技股,尤其是美光科技(MU)、泛林研究(LRCX)和应用材料(AMAT)等芯片股表现强劲,而高盛集团(GS)等银行股和卡特彼勒(CAT)等工业股则飙升。景顺标普500等权重交易所交易基金(RSP)本周上涨0.8%,超过市值加权版本。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d14ffc0d585bc642e9dfa4eebe4b998b\" tg-width=\"964\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> That suggests that the stock market is rotating once again, out of tech and other growth stocks, which had been outperforming since May, and back into stocks that benefit from the strength of the U.S. economy, says Katie Stockton, founder of Fairlead Strategies. “A lot of rotation in constituents can fuel a bull market,” she says, noting that if more stocks start winning, it’s only a matter of time before the small-cap Russell 2000 index does, too.</p><p><blockquote>Fairlead Strategies创始人凯蒂·斯托克顿(Katie Stockton)表示,这表明股市再次轮动,从5月份以来表现出色的科技股和其他成长型股转向受益于美国经济强劲的股票。她表示:“成分股的大量轮换可以推动牛市。”她指出,如果更多股票开始上涨,那么小盘股罗素2000指数也会上涨只是时间问题。</blockquote></p><p> That cyclicals have started breaking out again is impressive, particularly given the nonstop focus on the Covid-19 Delta variant. Whether it’s about states like Mississippi and Florida, or the Food and Drug Administration’s approval of a vaccine booster shot for people with compromised immune systems, renewed pandemic fears should have hit those stocks hard. That they didn’t says a lot about what investors are thinking.</p><p><blockquote>周期性再次开始爆发令人印象深刻,特别是考虑到人们对Covid-19德尔塔变异毒株的持续关注。无论是密西西比州和佛罗里达州等州,还是美国食品和药物管理局批准为免疫系统受损的人注射疫苗加强针,新的大流行担忧应该会对这些股票造成沉重打击。他们并没有充分说明投资者的想法。</blockquote></p><p> “If you just look at the market action this week, it’s saying the Delta variant is a public-health crisis, but not an economic crisis,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p><p><blockquote>CIBC Private Wealth US首席投资官Dave Donabedian表示:“如果你只看本周的市场走势,就会发现德尔塔变异毒株是一场公共卫生危机,而不是经济危机。”</blockquote></p><p> At some point, the boredom will end, and the market will get more volatile. And the biggest risk might be that investors use the volatility to push the entire stock market higher, notes BTIG’s Julian Emanuel, treating it like one big meme stock.</p><p><blockquote>在某个时候,无聊会结束,市场会变得更加波动。BTIG的朱利安·伊曼纽尔(Julian Emanuel)指出,最大的风险可能是投资者利用波动性推高整个股市,将其视为一只大型模因股票。</blockquote></p><p> “[The] dramatic price action in ‘meme stocks’ both old and new raises the probability that higher volatility could result in an ‘altered reality’ exception,” he writes. “And there is only one previous exception where volatility went up and stocks continued to go up, and up, and up. At least for a while.”</p><p><blockquote>他写道:“新旧‘模因股票’的剧烈价格走势增加了波动性上升可能导致‘现实改变’例外的可能性。”“之前只有一个例外,波动性上升,股市继续上涨,上涨,上涨。至少在一段时间内是这样。”</blockquote></p><p> That, of course, was in 1999. Let’s hope we avoid the kind of excitement that followed.</p><p><blockquote>当然,那是在1999年。希望我们能避免随之而来的那种兴奋。</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>Dow, S&P End Week at Record Highs. It’s Not That Exciting.<blockquote>道琼斯指数和标准普尔指数周末创下历史新高。没那么刺激。</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\">\nDow, S&P End Week at Record Highs. It’s Not That Exciting.<blockquote>道琼斯指数和标准普尔指数周末创下历史新高。没那么刺激。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-14 09:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.</p><p><blockquote>冒险。兴奋。最近股市似乎并不渴望这些东西。投资者应该希望这种情况保持下去。</blockquote></p><p> It wasn’t quite like watching paint dry this past week, but it wasn’t that far off, either. Earnings reports were few and far between, the most prominent coming from Walt Disney (ticker: DIS) and eBay (EBAY). The economic news, including July’s consumer-price data, didn’t contain any shockers. And while the S&P 500 closed the week on a streak of four new highs, one of them was by less than a quarter of a point. The index rose 0.7%, to 4468.00, while the Dow Jones Industrial Average gained 306.87 points, or 0.9%, to 35,515.38. The Nasdaq Composite dipped 0.1%. to 14,822.90.</p><p><blockquote>这不太像在过去的一周里看着油漆变干,但也没有那么遥远。收益报告很少,其中最突出的来自华特迪士尼(股票代码:DIS)和eBay(EBAY)。包括7月份消费者价格数据在内的经济新闻没有任何令人震惊的内容。尽管标普500本周连续四次创下新高,但其中一次涨幅不到四分之一个百分点。该指数上涨0.7%,至4468.00点,道琼斯工业平均指数上涨306.87点,即0.9%,至35,515.38点。纳斯达克综合指数下跌0.1%。至14,822.90。</blockquote></p><p> Exuberance this ain’t.</p><p><blockquote>繁荣这不是。</blockquote></p><p> <b>Why Stock Prices Are Poised to Keep Rising</b></p><p><blockquote><b>为什么股价将持续上涨</b></blockquote></p><p> Still, there was some action underneath the surface. Tech,particularly chip stockslikeMicron Technology(MU),Lam Research(LRCX), andApplied Materials(AMAT), took it on the chin, while banks, includingGoldman Sachs Group(GS), and industrials such asCaterpillar(CAT), soared. And theInvesco S&P 500 Equal Weightexchange-traded fund (RSP) gained 0.8% on the week, outpacing the market-cap-weighted version.</p><p><blockquote>尽管如此,表面之下还是有一些行动。科技股,尤其是美光科技(MU)、泛林研究(LRCX)和应用材料(AMAT)等芯片股表现强劲,而高盛集团(GS)等银行股和卡特彼勒(CAT)等工业股则飙升。景顺标普500等权重交易所交易基金(RSP)本周上涨0.8%,超过市值加权版本。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d14ffc0d585bc642e9dfa4eebe4b998b\" tg-width=\"964\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> That suggests that the stock market is rotating once again, out of tech and other growth stocks, which had been outperforming since May, and back into stocks that benefit from the strength of the U.S. economy, says Katie Stockton, founder of Fairlead Strategies. “A lot of rotation in constituents can fuel a bull market,” she says, noting that if more stocks start winning, it’s only a matter of time before the small-cap Russell 2000 index does, too.</p><p><blockquote>Fairlead Strategies创始人凯蒂·斯托克顿(Katie Stockton)表示,这表明股市再次轮动,从5月份以来表现出色的科技股和其他成长型股转向受益于美国经济强劲的股票。她表示:“成分股的大量轮换可以推动牛市。”她指出,如果更多股票开始上涨,那么小盘股罗素2000指数也会上涨只是时间问题。</blockquote></p><p> That cyclicals have started breaking out again is impressive, particularly given the nonstop focus on the Covid-19 Delta variant. Whether it’s about states like Mississippi and Florida, or the Food and Drug Administration’s approval of a vaccine booster shot for people with compromised immune systems, renewed pandemic fears should have hit those stocks hard. That they didn’t says a lot about what investors are thinking.</p><p><blockquote>周期性再次开始爆发令人印象深刻,特别是考虑到人们对Covid-19德尔塔变异毒株的持续关注。无论是密西西比州和佛罗里达州等州,还是美国食品和药物管理局批准为免疫系统受损的人注射疫苗加强针,新的大流行担忧应该会对这些股票造成沉重打击。他们并没有充分说明投资者的想法。</blockquote></p><p> “If you just look at the market action this week, it’s saying the Delta variant is a public-health crisis, but not an economic crisis,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p><p><blockquote>CIBC Private Wealth US首席投资官Dave Donabedian表示:“如果你只看本周的市场走势,就会发现德尔塔变异毒株是一场公共卫生危机,而不是经济危机。”</blockquote></p><p> At some point, the boredom will end, and the market will get more volatile. And the biggest risk might be that investors use the volatility to push the entire stock market higher, notes BTIG’s Julian Emanuel, treating it like one big meme stock.</p><p><blockquote>在某个时候,无聊会结束,市场会变得更加波动。BTIG的朱利安·伊曼纽尔(Julian Emanuel)指出,最大的风险可能是投资者利用波动性推高整个股市,将其视为一只大型模因股票。</blockquote></p><p> “[The] dramatic price action in ‘meme stocks’ both old and new raises the probability that higher volatility could result in an ‘altered reality’ exception,” he writes. “And there is only one previous exception where volatility went up and stocks continued to go up, and up, and up. At least for a while.”</p><p><blockquote>他写道:“新旧‘模因股票’的剧烈价格走势增加了波动性上升可能导致‘现实改变’例外的可能性。”“之前只有一个例外,波动性上升,股市继续上涨,上涨,上涨。至少在一段时间内是这样。”</blockquote></p><p> That, of course, was in 1999. Let’s hope we avoid the kind of excitement that followed.</p><p><blockquote>当然,那是在1999年。希望我们能避免随之而来的那种兴奋。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/dow-stock-market-sp-500-51628901659?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/dow-stock-market-sp-500-51628901659?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144073354","content_text":"Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.\nIt wasn’t quite like watching paint dry this past week, but it wasn’t that far off, either. Earnings reports were few and far between, the most prominent coming from Walt Disney (ticker: DIS) and eBay (EBAY). The economic news, including July’s consumer-price data, didn’t contain any shockers. And while the S&P 500 closed the week on a streak of four new highs, one of them was by less than a quarter of a point. The index rose 0.7%, to 4468.00, while the Dow Jones Industrial Average gained 306.87 points, or 0.9%, to 35,515.38. The Nasdaq Composite dipped 0.1%. to 14,822.90.\nExuberance this ain’t.\nWhy Stock Prices Are Poised to Keep Rising\nStill, there was some action underneath the surface. Tech,particularly chip stockslikeMicron Technology(MU),Lam Research(LRCX), andApplied Materials(AMAT), took it on the chin, while banks, includingGoldman Sachs Group(GS), and industrials such asCaterpillar(CAT), soared. And theInvesco S&P 500 Equal Weightexchange-traded fund (RSP) gained 0.8% on the week, outpacing the market-cap-weighted version.\n\nThat suggests that the stock market is rotating once again, out of tech and other growth stocks, which had been outperforming since May, and back into stocks that benefit from the strength of the U.S. economy, says Katie Stockton, founder of Fairlead Strategies. “A lot of rotation in constituents can fuel a bull market,” she says, noting that if more stocks start winning, it’s only a matter of time before the small-cap Russell 2000 index does, too.\nThat cyclicals have started breaking out again is impressive, particularly given the nonstop focus on the Covid-19 Delta variant. Whether it’s about states like Mississippi and Florida, or the Food and Drug Administration’s approval of a vaccine booster shot for people with compromised immune systems, renewed pandemic fears should have hit those stocks hard. That they didn’t says a lot about what investors are thinking.\n“If you just look at the market action this week, it’s saying the Delta variant is a public-health crisis, but not an economic crisis,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.\nAt some point, the boredom will end, and the market will get more volatile. And the biggest risk might be that investors use the volatility to push the entire stock market higher, notes BTIG’s Julian Emanuel, treating it like one big meme stock.\n“[The] dramatic price action in ‘meme stocks’ both old and new raises the probability that higher volatility could result in an ‘altered reality’ exception,” he writes. “And there is only one previous exception where volatility went up and stocks continued to go up, and up, and up. At least for a while.”\nThat, of course, was in 1999. Let’s hope we avoid the kind of excitement that followed.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891491644,"gmtCreate":1628407377888,"gmtModify":1633747284856,"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"themes":[],"htmlText":"Good luck. ","listText":"Good luck. ","text":"Good luck.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/891491644","repostId":"1190347839","repostType":4,"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}