ParableTalen的个人主页 - 老虎社区

ParableTalen

ParableTalen

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2021-12-24

There's a Santa Call Up event in case y'all didn't realize.

2021-12-15

Fool is always telling people this stock could make you a million on X years. Click bait much?

抱歉，原内容已删除

2021-12-15

December is red month if those wealthy sell it for tax purposes last minute.

抱歉，原内容已删除

2021-12-15

Not a good way to phrase it..."10% of that 15%" can also be interpreted as 1.5%.

Why Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote>

2021-12-14

You are cashing out to buy cheaper but lesser quality stock? It's like giving up in gold medalist and going for silver and bronze.

Why Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote>

2021-11-30

What's the advantage?

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2021-11-29

This is investment advice right? Lol

Moderna, Pfizer, and Novavax Are Must-Own Stocks This Week<blockquote>Moderna、辉瑞和Novavax是本周必须持有的股票</blockquote>

2021-11-16

You use the same method on other companies. I would think it's the same result. Overvalued. Nowadays, there are more overvalued companies than undervalued.

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2021-11-13

Growth rate is super slow....

Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>

2021-11-11

$ARK Innovation ETF(ARKK)$money better put in Tiger cash plus account

2021-11-11

$Palantir Technologies Inc.(PLTR)$ who's loading?

2021-11-11

2% based on the first minute. I don't know how telling this is.

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2021-11-10

Filing was on 05 Nov. How late is this news.

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2021-11-08

$Palantir Technologies Inc.(PLTR)$ earnings tmr

2021-11-07

End? Do you mean End-emic instead?

抱歉，原内容已删除

2021-11-06

$ARK Innovation ETF(ARKK)$come on. Stay above 122.

2021-11-06

$ARK Innovation ETF(ARKK)$this year's phail army. Cannot sustain above 122.

2021-11-03

$Apple(AAPL)$of my eye phone

2021-11-03

$ARK Innovation ETF(ARKK)$how many times have you touched this resistance?

2021-11-02

$Netflix(NFLX)$ removing from my watch list

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Click bait much?","listText":"Fool is always telling people this stock could make you a million on X years. Click bait much?","text":"Fool is always telling people this stock could make you a million on X years. Click bait much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607437087","repostId":"2191074962","repostType":2,"isVote":1,"tweetType":1,"viewCount":2326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607230641,"gmtCreate":1639542106403,"gmtModify":1639542106886,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"December is red month if those wealthy sell it for tax purposes last minute.","listText":"December is red month if those wealthy sell it for tax purposes last minute.","text":"December is red month if those wealthy sell it for tax purposes last minute.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607230641","repostId":"1150850336","repostType":2,"isVote":1,"tweetType":1,"viewCount":2685,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607208302,"gmtCreate":1639539641853,"gmtModify":1639539642305,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Not a good way to phrase it...\"10% of that 15%\" can also be interpreted as 1.5%.","listText":"Not a good way to phrase it...\"10% of that 15%\" can also be interpreted as 1.5%.","text":"Not a good way to phrase it...\"10% of that 15%\" can also be interpreted as 1.5%.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607208302","repostId":"1165597848","repostType":2,"repost":{"id":"1165597848","kind":"news","pubTimestamp":1639535034,"share":"https://www.laohu8.com/m/news/1165597848?lang=zh_CN&edition=full","pubTime":"2021-12-15 10:23","market":"us","language":"en","title":"Why Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165597848","media":"Motley Fool","summary":"What happened\nMicrosoft(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> <b>Microsoft</b>(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of Labor reported that producer price inflation hit a historic high in November, up 9.6% from a year ago. This news came on top of a reported 6.8% jump in consumer prices that came out yesterday -- the fastest rate of price growth&nbsp;in 40 years.</p><p><blockquote><b>微软</b>（纳斯达克：MSFT）股价周二收盘下跌3.3%。劳工部报告称，11月份生产者价格通胀创历史新高，同比上涨9.6%。这一消息是在昨天公布的消费者价格上涨6.8%的基础上发布的，这是40年来最快的价格增长率。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Reporting on Microsoft's price decline, Bloomberg drew a direct line from the inflation data to the weakness in Microsoft's stock price. But why exactly is inflation bad news for Microsoft (and other&nbsp;tech stocks&nbsp;as well)?</p><p><blockquote>彭博社在报道微软股价下跌时，将通胀数据与微软股价疲软直接联系起来。但为什么通胀对微软（以及其他科技股）来说到底是个坏消息呢？</blockquote></p><p> Think about it this way: Right now, analysts who track Microsoft stock are forecasting that the company will grow its earnings by about 15% annually over the next five years. But if inflation eats up nearly 10% of that 15%, then Microsoft's real earnings won't actually be growing by 15% but only by 5%.</p><p><blockquote>可以这样想：目前，跟踪微软股票的分析师预测，该公司未来五年的盈利将每年增长约15%。但如果通货膨胀吞噬了这15%中的近10%，那么微软的实际收入实际上不会增长15%，而只会增长5%。</blockquote></p><p> That's assuming inflation continues rising at the rate it's currently rising of course -- which isn't certain. By the same token, though, it's also not certain that inflation won't rise&nbsp;<i>faster</i>&nbsp;than 10%.</p><p><blockquote>当然，这是假设通货膨胀继续以目前的速度上升——这并不确定。然而，出于同样的原因，也不能确定通货膨胀不会上升<i>更快</i>比10%。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Granted, the Federal Reserve will probably work to get inflation rates under control, but even there, the news isn't all great because the Fed's primary tool for containing inflation is raising interest rates.</p><p><blockquote>诚然，美联储可能会努力控制通胀率，但即便如此，消息也不全是好消息，因为美联储遏制通胀的主要工具是加息。</blockquote></p><p> The Fed is meeting today and tomorrow, by the way, to set policy on inflation (and interest rates). If they decide to raise rates, then that's likely to slow the economy and potentially also slow the rate at which Microsoft's profits are expected to grow -- which would result in no net benefit to Microsoft's real earnings growth.</p><p><blockquote>顺便说一下，美联储将于今天和明天召开会议，制定通胀（和利率）政策。如果他们决定加息，那么这可能会减缓经济增长，也可能减缓微软利润的预期增长速度——这不会给微软的实际盈利增长带来任何净收益。</blockquote></p><p> This, in a nutshell, is why Microsoft&nbsp;closed the day down&nbsp;and why $82.5 billion worth of Microsoft's market capitalization just went up in smoke.</p><p><blockquote>简而言之，这就是微软当天收盘下跌的原因，也是微软825亿美元市值化为乌有的原因。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Microsoft Stock Dropped<blockquote>微软股价为何下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-15 10:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> <b>Microsoft</b>(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of Labor reported that producer price inflation hit a historic high in November, up 9.6% from a year ago. This news came on top of a reported 6.8% jump in consumer prices that came out yesterday -- the fastest rate of price growth&nbsp;in 40 years.</p><p><blockquote><b>微软</b>（纳斯达克：MSFT）股价周二收盘下跌3.3%。劳工部报告称，11月份生产者价格通胀创历史新高，同比上涨9.6%。这一消息是在昨天公布的消费者价格上涨6.8%的基础上发布的，这是40年来最快的价格增长率。</blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> Reporting on Microsoft's price decline, Bloomberg drew a direct line from the inflation data to the weakness in Microsoft's stock price. But why exactly is inflation bad news for Microsoft (and other&nbsp;tech stocks&nbsp;as well)?</p><p><blockquote>彭博社在报道微软股价下跌时，将通胀数据与微软股价疲软直接联系起来。但为什么通胀对微软（以及其他科技股）来说到底是个坏消息呢？</blockquote></p><p> Think about it this way: Right now, analysts who track Microsoft stock are forecasting that the company will grow its earnings by about 15% annually over the next five years. But if inflation eats up nearly 10% of that 15%, then Microsoft's real earnings won't actually be growing by 15% but only by 5%.</p><p><blockquote>可以这样想：目前，跟踪微软股票的分析师预测，该公司未来五年的盈利将每年增长约15%。但如果通货膨胀吞噬了这15%中的近10%，那么微软的实际收入实际上不会增长15%，而只会增长5%。</blockquote></p><p> That's assuming inflation continues rising at the rate it's currently rising of course -- which isn't certain. By the same token, though, it's also not certain that inflation won't rise&nbsp;<i>faster</i>&nbsp;than 10%.</p><p><blockquote>当然，这是假设通货膨胀继续以目前的速度上升——这并不确定。然而，出于同样的原因，也不能确定通货膨胀不会上升<i>更快</i>比10%。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> Granted, the Federal Reserve will probably work to get inflation rates under control, but even there, the news isn't all great because the Fed's primary tool for containing inflation is raising interest rates.</p><p><blockquote>诚然，美联储可能会努力控制通胀率，但即便如此，消息也不全是好消息，因为美联储遏制通胀的主要工具是加息。</blockquote></p><p> The Fed is meeting today and tomorrow, by the way, to set policy on inflation (and interest rates). If they decide to raise rates, then that's likely to slow the economy and potentially also slow the rate at which Microsoft's profits are expected to grow -- which would result in no net benefit to Microsoft's real earnings growth.</p><p><blockquote>顺便说一下，美联储将于今天和明天召开会议，制定通胀（和利率）政策。如果他们决定加息，那么这可能会减缓经济增长，也可能减缓微软利润的预期增长速度——这不会给微软的实际盈利增长带来任何净收益。</blockquote></p><p> This, in a nutshell, is why Microsoft&nbsp;closed the day down&nbsp;and why $82.5 billion worth of Microsoft's market capitalization just went up in smoke.</p><p><blockquote>简而言之，这就是微软当天收盘下跌的原因，也是微软825亿美元市值化为乌有的原因。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/14/why-microsoft-stock-dropped-today/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/12/14/why-microsoft-stock-dropped-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165597848","content_text":"What happened\nMicrosoft(NASDAQ:MSFT)shares closed 3.3% lower on Tuesday after the U.S. Department of Labor reported that producer price inflation hit a historic high in November, up 9.6% from a year ago. This news came on top of a reported 6.8% jump in consumer prices that came out yesterday -- the fastest rate of price growth in 40 years.\nSo what\nReporting on Microsoft's price decline, Bloomberg drew a direct line from the inflation data to the weakness in Microsoft's stock price. But why exactly is inflation bad news for Microsoft (and other tech stocks as well)?\nThink about it this way: Right now, analysts who track Microsoft stock are forecasting that the company will grow its earnings by about 15% annually over the next five years. But if inflation eats up nearly 10% of that 15%, then Microsoft's real earnings won't actually be growing by 15% but only by 5%.\nThat's assuming inflation continues rising at the rate it's currently rising of course -- which isn't certain. By the same token, though, it's also not certain that inflation won't rise faster than 10%.\nNow what\nGranted, the Federal Reserve will probably work to get inflation rates under control, but even there, the news isn't all great because the Fed's primary tool for containing inflation is raising interest rates.\nThe Fed is meeting today and tomorrow, by the way, to set policy on inflation (and interest rates). If they decide to raise rates, then that's likely to slow the economy and potentially also slow the rate at which Microsoft's profits are expected to grow -- which would result in no net benefit to Microsoft's real earnings growth.\nThis, in a nutshell, is why Microsoft closed the day down and why $82.5 billion worth of Microsoft's market capitalization just went up in smoke.","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607937454,"gmtCreate":1639472419920,"gmtModify":1639472452954,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"You are cashing out to buy cheaper but lesser quality stock? It's like giving up in gold medalist and going for silver and bronze.","listText":"You are cashing out to buy cheaper but lesser quality stock? It's like giving up in gold medalist and going for silver and bronze.","text":"You are cashing out to buy cheaper but lesser quality stock? It's like giving up in gold medalist and going for silver and bronze.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607937454","repostId":"1193701389","repostType":2,"repost":{"id":"1193701389","kind":"news","pubTimestamp":1639460770,"share":"https://www.laohu8.com/m/news/1193701389?lang=zh_CN&edition=full","pubTime":"2021-12-14 13:46","market":"us","language":"en","title":"Why Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193701389","media":"Motley Fool","summary":"Nvidia has been a big gainer, but now other, smaller chip stocks look cheaper.","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of&nbsp;semiconductor&nbsp;company&nbsp;<b>Nvidia</b>&nbsp;dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.</p><p><blockquote>半导体公司股票<b>英伟达</b>周一再次下跌——截至收盘下跌6.8%——连续第四天下跌。今天的下跌背后似乎没有任何特别的消息，至少不是针对英伟达的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9777cd8866f53c260abe399593d3d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.</p><p><blockquote>从大局来看，这个消息并不好。CNBC今天早上报道称，持续的芯片短缺可能会抑制今年的圣诞购物。</blockquote></p><p> Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.</p><p><blockquote>尽管对高端英伟达图形芯片的高需求通常对该公司及其定价能力来说是个好消息，但该网络指出，“半导体是越来越多产品的幕后黑手”，但“用芯片制造的东西并不只是使用一个芯片。”因此，即使是有幸获得其所需的所有Nvidia芯片的PC制造商，如果无法获得构建产品所需的所有电源控制、内存和其他芯片，也可能无法销售其PC。或者，如果制造商知道无法获得其他芯片，它可能一开始就不会购买Nvidia芯片。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.</p><p><blockquote>这是英伟达投资者面临的风险之一。不过，更大的风险可能是其飞涨的股价。</blockquote></p><p> This morning, analysts at&nbsp;<b>JPMorgan</b>, at&nbsp;<b>UBS</b>, at&nbsp;<b>Barclays</b>,<b>Citigroup</b>, R.W. Baird, and&nbsp;<b>Evercore</b>&nbsp;ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended&nbsp;<b>Qualcomm</b>&nbsp;for its earnings upside, Evercore picked&nbsp;<b>Micron</b>&nbsp;as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on&nbsp;<b>Broadcom</b>&nbsp;based on demand for its products,TheFly.com&nbsp;reported today.</p><p><blockquote>今天上午，分析师<b>摩根大通</b>，和<b>瑞银</b>，和<b>巴克莱银行</b>,<b>花旗集团</b>，R.W.贝尔德，和<b>Evercore</b>ISI列举了一系列他们喜欢并认为被低估的半导体芯片制造商，英伟达不在其中。摩根推荐<b>Qualcomm</b>由于其盈利上升，Evercore选择了<b>微米</b>作为一只“结构性被低估”的股票，巴克莱、贝尔德和花旗上调了目标价<b>Broadcom</b>根据对其产品的需求，TheFly.com今天报道。</blockquote></p><p> Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.</p><p><blockquote>Nvidia股票的售价是往绩市盈率的93倍。美光科技的市盈率不到17倍；高通为23倍，博通为47倍。很明显，为什么华尔街可能认为这些股票比英伟达相对更划算。</blockquote></p><p> And it's just as clear why some investors might have decided that now is a good time to&nbsp;cash out some Nvidia stock winnings, and reinvest them in relatively&nbsp;cheaper stocks.</p><p><blockquote>同样清楚的是，为什么一些投资者可能认为现在是兑现一些英伟达股票奖金并将其再投资于相对便宜的股票的好时机。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nvidia Stock Keeps Dropping<blockquote>英伟达股价为何持续下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-14 13:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p> Shares of&nbsp;semiconductor&nbsp;company&nbsp;<b>Nvidia</b>&nbsp;dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.</p><p><blockquote>半导体公司股票<b>英伟达</b>周一再次下跌——截至收盘下跌6.8%——连续第四天下跌。今天的下跌背后似乎没有任何特别的消息，至少不是针对英伟达的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9777cd8866f53c260abe399593d3d0\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p> From a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.</p><p><blockquote>从大局来看，这个消息并不好。CNBC今天早上报道称，持续的芯片短缺可能会抑制今年的圣诞购物。</blockquote></p><p> Although high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.</p><p><blockquote>尽管对高端英伟达图形芯片的高需求通常对该公司及其定价能力来说是个好消息，但该网络指出，“半导体是越来越多产品的幕后黑手”，但“用芯片制造的东西并不只是使用一个芯片。”因此，即使是有幸获得其所需的所有Nvidia芯片的PC制造商，如果无法获得构建产品所需的所有电源控制、内存和其他芯片，也可能无法销售其PC。或者，如果制造商知道无法获得其他芯片，它可能一开始就不会购买Nvidia芯片。</blockquote></p><p> <b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p> That's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.</p><p><blockquote>这是英伟达投资者面临的风险之一。不过，更大的风险可能是其飞涨的股价。</blockquote></p><p> This morning, analysts at&nbsp;<b>JPMorgan</b>, at&nbsp;<b>UBS</b>, at&nbsp;<b>Barclays</b>,<b>Citigroup</b>, R.W. Baird, and&nbsp;<b>Evercore</b>&nbsp;ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended&nbsp;<b>Qualcomm</b>&nbsp;for its earnings upside, Evercore picked&nbsp;<b>Micron</b>&nbsp;as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on&nbsp;<b>Broadcom</b>&nbsp;based on demand for its products,TheFly.com&nbsp;reported today.</p><p><blockquote>今天上午，分析师<b>摩根大通</b>，和<b>瑞银</b>，和<b>巴克莱银行</b>,<b>花旗集团</b>，R.W.贝尔德，和<b>Evercore</b>ISI列举了一系列他们喜欢并认为被低估的半导体芯片制造商，英伟达不在其中。摩根推荐<b>Qualcomm</b>由于其盈利上升，Evercore选择了<b>微米</b>作为一只“结构性被低估”的股票，巴克莱、贝尔德和花旗上调了目标价<b>Broadcom</b>根据对其产品的需求，TheFly.com今天报道。</blockquote></p><p> Nvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.</p><p><blockquote>Nvidia股票的售价是往绩市盈率的93倍。美光科技的市盈率不到17倍；高通为23倍，博通为47倍。很明显，为什么华尔街可能认为这些股票比英伟达相对更划算。</blockquote></p><p> And it's just as clear why some investors might have decided that now is a good time to&nbsp;cash out some Nvidia stock winnings, and reinvest them in relatively&nbsp;cheaper stocks.</p><p><blockquote>同样清楚的是，为什么一些投资者可能认为现在是兑现一些英伟达股票奖金并将其再投资于相对便宜的股票的好时机。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/13/why-nvidia-stock-keeps-dropping/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/12/13/why-nvidia-stock-keeps-dropping/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193701389","content_text":"What happened\nShares of semiconductor company Nvidia dropped again on Monday -- down 6.8% as of closed -- its fourth straight down day in a row. There doesn't appear to be any particular news behind today's decline, at least not specific to Nvidia.\nImage source: Getty Images.\nSo what\nFrom a big picture perspective, the news isn't great. CNBC reported this morning there's a risk that the ongoing chip shortage could depress Christmas shopping this year.\nAlthough high demand for high-end Nvidia graphics chips is generally good news for the company and its pricing power, the network notes that \"semiconductors are beneath the hood of an increasing number of products,\" but \"things made with chips don't just use one chip.\" Thus, even a PC manufacturer lucky enough to get hold of all the Nvidia chips it needs might not be able to sell its PC if it can't also get all the power control, memory, and other chips it also needs to build the product. Or the manufacturer might not buy the Nvidia chips in the first place if it knows it won't be able to obtain the other chips.\nNow what\nThat's one risk Nvidia investors face. A bigger risk, though, may be its high-flying stock price.\nThis morning, analysts at JPMorgan, at UBS, at Barclays,Citigroup, R.W. Baird, and Evercore ISI cited a range of semiconductor chipmakers that they like and believe are undervalued, and Nvidia wasn't one of them. Morgan recommended Qualcomm for its earnings upside, Evercore picked Micron as a stock that is \"structurally undervalued,\" and Barclays, Baird, and Citi raised their price targets on Broadcom based on demand for its products,TheFly.com reported today.\nNvidia shares sell for 93 times trailing earnings. Micron is valued at less than 17 times earnings; Qualcomm is at 23 times, and Broadcom is at 47. It's pretty clear why Wall Street might consider these stocks relatively better deals than Nvidia.\nAnd it's just as clear why some investors might have decided that now is a good time to cash out some Nvidia stock winnings, and reinvest them in relatively cheaper stocks.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":2233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609933785,"gmtCreate":1638230184038,"gmtModify":1638230184802,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"What's the advantage?","listText":"What's the advantage?","text":"What's the advantage?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609933785","repostId":"2187306343","repostType":2,"isVote":1,"tweetType":1,"viewCount":2214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600532018,"gmtCreate":1638170791844,"gmtModify":1638170792546,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"This is investment advice right? Lol","listText":"This is investment advice right? Lol","text":"This is investment advice right? Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600532018","repostId":"1119853738","repostType":4,"repost":{"id":"1119853738","kind":"news","pubTimestamp":1638153494,"share":"https://www.laohu8.com/m/news/1119853738?lang=zh_CN&edition=full","pubTime":"2021-11-29 10:38","market":"us","language":"en","title":"Moderna, Pfizer, and Novavax Are Must-Own Stocks This Week<blockquote>Moderna、辉瑞和Novavax是本周必须持有的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119853738","media":"Motley Fool","summary":"The newly emerged omicron coronavirus variant sent shockwaves through U.S. stock markets last Friday","content":"<p>The newly emerged omicron coronavirus variant sent shockwaves through U.S. stock markets last Friday. Omicron has the world on edge because of its unique combination of mutations that might significantly reduce the effectiveness of first-generation COVID-19 vaccines.</p><p><blockquote>上周五，新出现的奥密克戎冠状病毒变种震惊了美国股市。奥密克戎让世界感到紧张，因为其独特的突变组合可能会显着降低第一代COVID-19疫苗的有效性。</blockquote></p><p> While there simply isn't enough data to draw any firm conclusions about the seriousness of the omicron variant yet, politicians across the world were quick to react by imposing travel bans and restrictions on several African nations over the weekend. These rapid-fire travel restrictions make it abundantly clear that the global pandemic -- and its effects on the world economy -- are far from over.</p><p><blockquote>虽然还没有足够的数据对奥密克戎变种的严重性得出任何明确的结论，但世界各地的政界人士很快做出反应，周末对几个非洲国家实施了旅行禁令和限制。这些快速的旅行限制非常清楚地表明，全球疫情及其对世界经济的影响远未结束。</blockquote></p><p> How should investors protect their portfolios from this latest threat to global supply chains, international travel, and public health? The answer appears to be simple enough: vaccine stocks. On Black Friday, shares of the top COVID-19 vaccine developers&nbsp;<b>Moderna</b>(NASDAQ:MRNA),<b>Pfizer</b>(NYSE:PFE), and&nbsp;<b>Novavax</b>(NASDAQ:NVAX)&nbsp;all&nbsp;vaulted higher. Here's why these threebiopharmaceutical stocksought to continue to their march northward next week and beyond.</p><p><blockquote>投资者应该如何保护他们的投资组合免受全球供应链、国际旅行和公共卫生的最新威胁？答案似乎很简单：疫苗库存。黑色星期五，顶级COVID-19疫苗开发商的股票<b>现代</b>（纳斯达克：MRNA），<b>辉瑞</b>（纽约证券交易所代码：PFE），以及<b>Novavax</b>（纳斯达克：NVAX）全部走高。这就是为什么这三只生物制药股寻求在下周及以后继续北上。</blockquote></p><p> The pandemic's latest twist makes these three stocks screaming buys</p><p><blockquote>疫情的最新转折让这三只股票尖叫买入</blockquote></p><p> Moderna, Pfizer, and Novavax all enjoyed a sizable jump in their share prices during the holiday-shortened trading session on Friday thanks to their quick reaction to the omicron variant. Specifically, Moderna announced that it is working on an omicron-specific vaccine, as well a unique booster shot regimen, based on its currently authorized COVID-19 vaccine, that may provide a higher level of immune protection against this new variant.</p><p><blockquote>由于对奥密克戎变种的快速反应，Moderna、辉瑞和Novavax的股价在周五假期缩短的交易时段均大幅上涨。具体来说，Moderna宣布，它正在研究一种奥密克戎特异性疫苗，以及一种基于其目前授权的COVID-19疫苗的独特加强注射方案，这可能会针对这种新变种提供更高水平的免疫保护。</blockquote></p><p> Pfizer, for its part, said that its&nbsp;<b>BioNTech</b>-partnered COVID-19 vaccine can easily be tailored to the omicron variant and be ready for use within 100-days -- that is, if the original version of its vaccine fails to provide adequate protection. Novavax also provided an update on its omicron vaccine strategy last Friday, with the biotech saying that it plans on having an omicron-specific shot ready for testing and manufacturing within the next few weeks.</p><p><blockquote>辉瑞则表示，其<b>BioNTech</b>-合作的COVID-19疫苗可以很容易地适应奥密克戎变种，并在100天内准备好使用——也就是说，如果其疫苗的原始版本无法提供足够的保护。Novavax上周五还提供了其奥密克戎疫苗战略的最新情况，该生物技术公司表示，计划在未来几周内准备好一种针对奥密克戎的疫苗进行测试和生产。</blockquote></p><p> Why are these omicron-tailored vaccines a huge positive for their developers? The messenger RNA (mRNA) vaccines from Moderna and Pfizer/BioNTech both appeared to be on the back end of the commercial shelf lives prior to this news. As a result, Moderna's stock was in the midst of notable downward trend earlier this month. The sudden need for more potent booster shots and a potential variant-specific vaccine should keep Moderna's top line headed in the right direction in 2022, which ought to light a fire underneath the biotech's shares for the remainder of the year.</p><p><blockquote>为什么这些奥密克戎定制的疫苗对其开发者来说是一个巨大的积极因素？在这一消息发布之前，Moderna和辉瑞/BioNTech的信使RNA(mRNA)疫苗似乎都处于商业保质期的后端。因此，Moderna的股价本月早些时候出现了明显的下跌趋势。对更有效的加强注射和潜在的变异特异性疫苗的突然需求应该会使Moderna的营收在2022年朝着正确的方向发展，这应该会在今年剩余时间里点燃该生物技术公司的股价。</blockquote></p><p> While Pfizer's equity hasn't skipped a beat of late because of its oral coronavirus pill, the pharma giant now stands to possibly benefit from another year of exceptionally strong COVID-19 vaccine sales. Pfizer's stock, in turn, will probably continue to print ever-increasing record highs heading into 2022.</p><p><blockquote>虽然辉瑞的股价最近并没有因为其口服冠状病毒药物而下跌，但这家制药巨头现在可能会受益于又一年异常强劲的COVID-19疫苗销售。反过来，辉瑞的股价可能会在2022年继续创下历史新高。</blockquote></p><p> On the Novavax side of ledger, the biotech's shares are currently down by a whopping 31% from their 52-week highs. The vaccine specialist's shares have&nbsp;dipped in the back half of 2021&nbsp;in response to manufacturing issues, regulatory delays, and a growing concern among investors that the company may have simply missed the boat.</p><p><blockquote>在ledger的Novavax方面，该生物技术公司的股价目前较52周高点下跌了31%。由于制造问题、监管延误以及投资者越来越担心该公司可能只是错过了机会，这家疫苗专家的股价在2021年下半年下跌。</blockquote></p><p> What's important to understand is that Novavax's COVID-19 vaccine is protein-based, which may appeal to a broad range of folks hesitant about cutting-edge mRNA vaccines. This new variant, therefore, ought to keep this latent demand for Novavax's alternative jab on the high side, as the company slowly completes the regulatory process in the all-important U.S. market.</p><p><blockquote>重要的是要了解Novavax的COVID-19疫苗是基于蛋白质的，这可能会吸引许多对尖端mRNA疫苗犹豫不决的人。因此，随着Novavax在非常重要的美国市场慢慢完成监管程序，这种新变种应该会保持对Novavax替代疫苗的潜在需求偏高。</blockquote></p><p> In short, Moderna, Pfizer, and Novavax are all poised to benefit in a big way from their unique vaccine development capabilities, making their stocks exceedingly strong buys this week.</p><p><blockquote>简而言之，Moderna、辉瑞和Novavax都有望从其独特的疫苗开发能力中受益匪浅，这使得它们的股票本周受到了极其强劲的买入。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Moderna, Pfizer, and Novavax Are Must-Own Stocks This Week<blockquote>Moderna、辉瑞和Novavax是本周必须持有的股票</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\">\nModerna, Pfizer, and Novavax Are Must-Own Stocks This Week<blockquote>Moderna、辉瑞和Novavax是本周必须持有的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-11-29 10:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The newly emerged omicron coronavirus variant sent shockwaves through U.S. stock markets last Friday. Omicron has the world on edge because of its unique combination of mutations that might significantly reduce the effectiveness of first-generation COVID-19 vaccines.</p><p><blockquote>上周五，新出现的奥密克戎冠状病毒变种震惊了美国股市。奥密克戎让世界感到紧张，因为其独特的突变组合可能会显着降低第一代COVID-19疫苗的有效性。</blockquote></p><p> While there simply isn't enough data to draw any firm conclusions about the seriousness of the omicron variant yet, politicians across the world were quick to react by imposing travel bans and restrictions on several African nations over the weekend. These rapid-fire travel restrictions make it abundantly clear that the global pandemic -- and its effects on the world economy -- are far from over.</p><p><blockquote>虽然还没有足够的数据对奥密克戎变种的严重性得出任何明确的结论，但世界各地的政界人士很快做出反应，周末对几个非洲国家实施了旅行禁令和限制。这些快速的旅行限制非常清楚地表明，全球疫情及其对世界经济的影响远未结束。</blockquote></p><p> How should investors protect their portfolios from this latest threat to global supply chains, international travel, and public health? The answer appears to be simple enough: vaccine stocks. On Black Friday, shares of the top COVID-19 vaccine developers&nbsp;<b>Moderna</b>(NASDAQ:MRNA),<b>Pfizer</b>(NYSE:PFE), and&nbsp;<b>Novavax</b>(NASDAQ:NVAX)&nbsp;all&nbsp;vaulted higher. Here's why these threebiopharmaceutical stocksought to continue to their march northward next week and beyond.</p><p><blockquote>投资者应该如何保护他们的投资组合免受全球供应链、国际旅行和公共卫生的最新威胁？答案似乎很简单：疫苗库存。黑色星期五，顶级COVID-19疫苗开发商的股票<b>现代</b>（纳斯达克：MRNA），<b>辉瑞</b>（纽约证券交易所代码：PFE），以及<b>Novavax</b>（纳斯达克：NVAX）全部走高。这就是为什么这三只生物制药股寻求在下周及以后继续北上。</blockquote></p><p> The pandemic's latest twist makes these three stocks screaming buys</p><p><blockquote>疫情的最新转折让这三只股票尖叫买入</blockquote></p><p> Moderna, Pfizer, and Novavax all enjoyed a sizable jump in their share prices during the holiday-shortened trading session on Friday thanks to their quick reaction to the omicron variant. Specifically, Moderna announced that it is working on an omicron-specific vaccine, as well a unique booster shot regimen, based on its currently authorized COVID-19 vaccine, that may provide a higher level of immune protection against this new variant.</p><p><blockquote>由于对奥密克戎变种的快速反应，Moderna、辉瑞和Novavax的股价在周五假期缩短的交易时段均大幅上涨。具体来说，Moderna宣布，它正在研究一种奥密克戎特异性疫苗，以及一种基于其目前授权的COVID-19疫苗的独特加强注射方案，这可能会针对这种新变种提供更高水平的免疫保护。</blockquote></p><p> Pfizer, for its part, said that its&nbsp;<b>BioNTech</b>-partnered COVID-19 vaccine can easily be tailored to the omicron variant and be ready for use within 100-days -- that is, if the original version of its vaccine fails to provide adequate protection. Novavax also provided an update on its omicron vaccine strategy last Friday, with the biotech saying that it plans on having an omicron-specific shot ready for testing and manufacturing within the next few weeks.</p><p><blockquote>辉瑞则表示，其<b>BioNTech</b>-合作的COVID-19疫苗可以很容易地适应奥密克戎变种，并在100天内准备好使用——也就是说，如果其疫苗的原始版本无法提供足够的保护。Novavax上周五还提供了其奥密克戎疫苗战略的最新情况，该生物技术公司表示，计划在未来几周内准备好一种针对奥密克戎的疫苗进行测试和生产。</blockquote></p><p> Why are these omicron-tailored vaccines a huge positive for their developers? The messenger RNA (mRNA) vaccines from Moderna and Pfizer/BioNTech both appeared to be on the back end of the commercial shelf lives prior to this news. As a result, Moderna's stock was in the midst of notable downward trend earlier this month. The sudden need for more potent booster shots and a potential variant-specific vaccine should keep Moderna's top line headed in the right direction in 2022, which ought to light a fire underneath the biotech's shares for the remainder of the year.</p><p><blockquote>为什么这些奥密克戎定制的疫苗对其开发者来说是一个巨大的积极因素？在这一消息发布之前，Moderna和辉瑞/BioNTech的信使RNA(mRNA)疫苗似乎都处于商业保质期的后端。因此，Moderna的股价本月早些时候出现了明显的下跌趋势。对更有效的加强注射和潜在的变异特异性疫苗的突然需求应该会使Moderna的营收在2022年朝着正确的方向发展，这应该会在今年剩余时间里点燃该生物技术公司的股价。</blockquote></p><p> While Pfizer's equity hasn't skipped a beat of late because of its oral coronavirus pill, the pharma giant now stands to possibly benefit from another year of exceptionally strong COVID-19 vaccine sales. Pfizer's stock, in turn, will probably continue to print ever-increasing record highs heading into 2022.</p><p><blockquote>虽然辉瑞的股价最近并没有因为其口服冠状病毒药物而下跌，但这家制药巨头现在可能会受益于又一年异常强劲的COVID-19疫苗销售。反过来，辉瑞的股价可能会在2022年继续创下历史新高。</blockquote></p><p> On the Novavax side of ledger, the biotech's shares are currently down by a whopping 31% from their 52-week highs. The vaccine specialist's shares have&nbsp;dipped in the back half of 2021&nbsp;in response to manufacturing issues, regulatory delays, and a growing concern among investors that the company may have simply missed the boat.</p><p><blockquote>在ledger的Novavax方面，该生物技术公司的股价目前较52周高点下跌了31%。由于制造问题、监管延误以及投资者越来越担心该公司可能只是错过了机会，这家疫苗专家的股价在2021年下半年下跌。</blockquote></p><p> What's important to understand is that Novavax's COVID-19 vaccine is protein-based, which may appeal to a broad range of folks hesitant about cutting-edge mRNA vaccines. This new variant, therefore, ought to keep this latent demand for Novavax's alternative jab on the high side, as the company slowly completes the regulatory process in the all-important U.S. market.</p><p><blockquote>重要的是要了解Novavax的COVID-19疫苗是基于蛋白质的，这可能会吸引许多对尖端mRNA疫苗犹豫不决的人。因此，随着Novavax在非常重要的美国市场慢慢完成监管程序，这种新变种应该会保持对Novavax替代疫苗的潜在需求偏高。</blockquote></p><p> In short, Moderna, Pfizer, and Novavax are all poised to benefit in a big way from their unique vaccine development capabilities, making their stocks exceedingly strong buys this week.</p><p><blockquote>简而言之，Moderna、辉瑞和Novavax都有望从其独特的疫苗开发能力中受益匪浅，这使得它们的股票本周受到了极其强劲的买入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/11/28/moderna-pfizer-and-novavax-are-must-own-stocks-thi/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","MRNA":"Moderna, Inc.","NVAX":"诺瓦瓦克斯医药"},"source_url":"https://www.fool.com/investing/2021/11/28/moderna-pfizer-and-novavax-are-must-own-stocks-thi/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119853738","content_text":"The newly emerged omicron coronavirus variant sent shockwaves through U.S. stock markets last Friday. Omicron has the world on edge because of its unique combination of mutations that might significantly reduce the effectiveness of first-generation COVID-19 vaccines.\nWhile there simply isn't enough data to draw any firm conclusions about the seriousness of the omicron variant yet, politicians across the world were quick to react by imposing travel bans and restrictions on several African nations over the weekend. These rapid-fire travel restrictions make it abundantly clear that the global pandemic -- and its effects on the world economy -- are far from over.\nHow should investors protect their portfolios from this latest threat to global supply chains, international travel, and public health? The answer appears to be simple enough: vaccine stocks. On Black Friday, shares of the top COVID-19 vaccine developers Moderna(NASDAQ:MRNA),Pfizer(NYSE:PFE), and Novavax(NASDAQ:NVAX) all vaulted higher. Here's why these threebiopharmaceutical stocksought to continue to their march northward next week and beyond.\nThe pandemic's latest twist makes these three stocks screaming buys\nModerna, Pfizer, and Novavax all enjoyed a sizable jump in their share prices during the holiday-shortened trading session on Friday thanks to their quick reaction to the omicron variant. Specifically, Moderna announced that it is working on an omicron-specific vaccine, as well a unique booster shot regimen, based on its currently authorized COVID-19 vaccine, that may provide a higher level of immune protection against this new variant.\nPfizer, for its part, said that its BioNTech-partnered COVID-19 vaccine can easily be tailored to the omicron variant and be ready for use within 100-days -- that is, if the original version of its vaccine fails to provide adequate protection. Novavax also provided an update on its omicron vaccine strategy last Friday, with the biotech saying that it plans on having an omicron-specific shot ready for testing and manufacturing within the next few weeks.\nWhy are these omicron-tailored vaccines a huge positive for their developers? The messenger RNA (mRNA) vaccines from Moderna and Pfizer/BioNTech both appeared to be on the back end of the commercial shelf lives prior to this news. As a result, Moderna's stock was in the midst of notable downward trend earlier this month. The sudden need for more potent booster shots and a potential variant-specific vaccine should keep Moderna's top line headed in the right direction in 2022, which ought to light a fire underneath the biotech's shares for the remainder of the year.\nWhile Pfizer's equity hasn't skipped a beat of late because of its oral coronavirus pill, the pharma giant now stands to possibly benefit from another year of exceptionally strong COVID-19 vaccine sales. Pfizer's stock, in turn, will probably continue to print ever-increasing record highs heading into 2022.\nOn the Novavax side of ledger, the biotech's shares are currently down by a whopping 31% from their 52-week highs. The vaccine specialist's shares have dipped in the back half of 2021 in response to manufacturing issues, regulatory delays, and a growing concern among investors that the company may have simply missed the boat.\nWhat's important to understand is that Novavax's COVID-19 vaccine is protein-based, which may appeal to a broad range of folks hesitant about cutting-edge mRNA vaccines. This new variant, therefore, ought to keep this latent demand for Novavax's alternative jab on the high side, as the company slowly completes the regulatory process in the all-important U.S. market.\nIn short, Moderna, Pfizer, and Novavax are all poised to benefit in a big way from their unique vaccine development capabilities, making their stocks exceedingly strong buys this week.","news_type":1,"symbols_score_info":{"NVAX":0.9,"PFE":0.9,"MRNA":0.9}},"isVote":1,"tweetType":1,"viewCount":2404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871623907,"gmtCreate":1637066373231,"gmtModify":1637067555459,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"You use the same method on other companies. I would think it's the same result. Overvalued. Nowadays, there are more overvalued companies than undervalued.&nbsp;","listText":"You use the same method on other companies. I would think it's the same result. Overvalued. Nowadays, there are more overvalued companies than undervalued.&nbsp;","text":"You use the same method on other companies. I would think it's the same result. Overvalued. Nowadays, there are more overvalued companies than undervalued.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871623907","repostId":"1160740007","repostType":2,"isVote":1,"tweetType":1,"viewCount":2203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873996695,"gmtCreate":1636819061226,"gmtModify":1636819061428,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Growth rate is super slow....","listText":"Growth rate is super slow....","text":"Growth rate is super slow....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873996695","repostId":"1102251183","repostType":4,"repost":{"id":"1102251183","kind":"news","pubTimestamp":1636772424,"share":"https://www.laohu8.com/m/news/1102251183?lang=zh_CN&edition=full","pubTime":"2021-11-13 11:00","market":"us","language":"en","title":"Pfizer Shows Its R&D Is Strong. It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102251183","media":"Barrons","summary":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Mo","content":"<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</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>Pfizer Shows Its R&D Is Strong. 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It’s a Good Sign for the Stock.<blockquote>辉瑞显示其研发实力雄厚。这对该股来说是一个好兆头。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-13 11:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Pfizer’s&nbsp;chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.</p><p><blockquote>周一早上，辉瑞公司首席科学官米凯尔·多尔斯滕(Mikael Dolsten)接到电话时，听起来很头晕。就在几天前，他的公司宣布其Covid-19抗病毒药物将高危成年人的住院风险降低了89%。</blockquote></p><p> “It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.</p><p><blockquote>多尔斯滕说：“你能够打破这种类型的世界纪录，同时偶然获得大满贯，这不可能只是一件随机的事情。”他在试图说明辉瑞的双重胜利：在短短10个月内开发出了一种效果惊人的Covid-19疫苗，一年后又开发出了一种同样令人惊叹的Covid-19抗病毒药物。</blockquote></p><p> Two years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.</p><p><blockquote>两年前，辉瑞（股票代码：PFE）首席执行官阿尔伯特·布尔拉（Albert Bourla）要求投资者对多尔斯滕十多年来重建的研发业务进行豪赌。这个赌注看起来比以往任何时候都更聪明。</blockquote></p><p> Bourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.</p><p><blockquote>Bourla已经摆脱了辉瑞的非专利药物部门及其最后的消费者健康产品，留下了一家纯粹的生物制药公司，该公司的生死存亡都取决于Dolsten的科学实力。</blockquote></p><p> In a cover story in November 2019, <i>Barron’s</i> argued that Bourla and Dolsten could pull it off.</p><p><blockquote>在2019年11月的一篇封面报道中，<i>巴伦周刊</i>认为布尔拉和多尔斯滕可以成功。</blockquote></p><p> The new antiviral data reaffirms the case for Pfizer that <i>Barron’s</i> made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.</p><p><blockquote>新的抗病毒数据再次证实了辉瑞的理由<i>巴伦周刊</i>两年前做的。然而，随着对全球疫苗分配不平等的批评越来越多，继续从大流行中获利会带来新的风险。在全球超过70亿剂疫苗中，低收入国家仅占不到1%。如果辉瑞抗病毒药物的分销继续有利于富裕国家，该公司的股票最终可能会受到影响。</blockquote></p><p> Pfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;Eli Lilly&nbsp;(LLY).</p><p><blockquote>数据公布当天，辉瑞股价飙升10.9%，创下至少20年来的最佳单日表现。尽管如此，由于该股目前易手价格约为50美元，投资者继续低估该公司的价值。投资者对辉瑞的定价是明年预期收益的12倍，低于强生(JNJ)和礼来(LLY)等同行。</blockquote></p><p> The Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.</p><p><blockquote>辉瑞的折扣可归因于对该制药商在本世纪末面临专利悬崖的担忧。该公司将失去对少数年收入数十亿美元的药物的独家经营权。</blockquote></p><p> The worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.</p><p><blockquote>这些担忧是合理的，但辉瑞的科学政变应该让投资者相信该公司的科学能够安全地越过悬崖。市场可能需要时间才能赶上，但对于长期投资者来说，这是一个充满希望的机会。</blockquote></p><p> The success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.</p><p><blockquote>抗病毒药物的成功是辉瑞科学实力的最佳例证。</blockquote></p><p> While Pfizer’s Covid-19 vaccine came out of the labs of the German biotech&nbsp;BioNTech&nbsp;(BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.</p><p><blockquote>虽然辉瑞的新冠肺炎疫苗来自德国生物技术公司BioNTech(BNTX)的实验室，但新的新冠肺炎抗病毒药物是由多尔斯滕所说的辉瑞位于美国东北部实验室的科学家“梦之队”研制出来的。</blockquote></p><p> In the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.</p><p><blockquote>在大流行的早期，辉瑞公司将其努力分为与BioNTech在疫苗上的合作和对新冠肺炎药丸的探索。疫苗工作规模巨大；多尔斯滕称之为横跨大西洋的“巨型团队”。</blockquote></p><p> The antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.</p><p><blockquote>抗病毒项目规模要小得多——一组辉瑞专家利用疫苗推广剩余的资源进行运营。</blockquote></p><p> “The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.</p><p><blockquote>“小分子更像是一个灵活、专注于激光的高端团队，拥有相当适中的资源，”多尔斯滕说。</blockquote></p><p> Dolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.</p><p><blockquote>多尔斯滕召集了辉瑞公司一些最有经验的科学家参与抗病毒项目，其中包括药物设计主管夏洛特·阿勒顿。科学家们从辉瑞公司多年前在一种叫做蛋白酶抑制剂的抗病毒药物上所做的工作开始。</blockquote></p><p> “[Pfizer’s] pharmaceutical R&amp;D is better than people had thought.”</p><p><blockquote>“（辉瑞的）制药研发比人们想象的要好。”</blockquote></p><p> The protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.</p><p><blockquote>然而，辉瑞文库中的蛋白酶抑制剂已经静脉内施用，并且当口服递送时效果不佳。该团队必须弄清楚如何使药物适应口服给药，这是一项艰巨的任务。</blockquote></p><p> “They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.</p><p><blockquote>“他们必须真正创造很多新的化学反应，”多尔斯滕说。科学家们创造了600种化合物来确定正确的药物，这个过程通常可能需要数年时间，但他们在几个月内就完成了。“在这里，四年变成了四个月，”他说。</blockquote></p><p> Pfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from&nbsp;Merck&nbsp;(MRK).</p><p><blockquote>辉瑞公司于三月份开始在人体中测试这种药物。该公司目前正在进行该药物的多项2/3期试验，包括一项针对高风险患者，一项针对非高风险患者，以及一项针对接触过病毒但尚未患病的患者的预防试验。在第一次读数中，该药物看起来比默克公司(MRK)的新冠治疗药物有效得多。</blockquote></p><p> “It definitely helps prove the point that [Pfizer’s] pharmaceutical R&amp;D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.</p><p><blockquote>Cantor Fitzgerald分析师Louise Chen表示：“这无疑有助于证明辉瑞的制药研发比人们想象的要好。”她对该股给予跑赢大盘评级，目标价为61美元。</blockquote></p><p></p><p> Chen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.</p><p><blockquote>陈表示，在Covid-19疫苗和药丸销售的持久性更加明确以及其余产品得到证实之前，她预计投资者不会接受她的想法。</blockquote></p><p> “There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”</p><p><blockquote>“我认为没有一个事件会引发该股下一个级别的重新评级，”她说。“在这些事情发生之前，我认为不一定会发生。”</blockquote></p><p> That makes a bet on Pfizer a long-term play. In the meantime, the experience of&nbsp;Moderna&nbsp;(MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.</p><p><blockquote>这使得对辉瑞的押注成为一项长期投资。与此同时，Moderna(MRNA)最近几周的经历凸显了疫苗制造商因疫苗分配不平等而受到审查的可能性。</blockquote></p><p> Biden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”</p><p><blockquote>拜登政府官员对Moderna越来越失望，呼吁该公司提高产量，以便能够以非营利价格向低收入国家提供更多剂量，一位高级官员呼吁该公司“挺身而出”。</blockquote></p><p> Moderna shares are down more than 40% over the past three months.</p><p><blockquote>Moderna股价在过去三个月下跌了40%以上。</blockquote></p><p> As the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling <i>Barron’s</i> that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.</p><p><blockquote>随着疫情的持续，辉瑞面临着侵蚀大约一年前推出Covid-19疫苗时赢得的巨大商誉的风险。本月早些时候，辉瑞首席执行官布尔拉指责低收入国家疫苗分配不公平，告诉<i>巴伦周刊</i>没有下订单是他们的错。辉瑞公司已以非营利价格向美国出售了10亿剂疫苗，捐赠给贫穷国家，并表示到明年年底将向中低收入国家提供总计至少20亿剂疫苗。</blockquote></p><p> When it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.</p><p><blockquote>在抗病毒药物方面，辉瑞仅表示将为较贫穷国家提供分级定价，与其疫苗采取的方法相同。</blockquote></p><p> That contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.</p><p><blockquote>这与默克公司向贫穷国家提供自己的Covid-19药丸的计划形成鲜明对比。默克公司已与一个联合国支持的组织签署了一项协议，允许其药丸在全球范围内获得许可，无需向默克公司支付特许权使用费。</blockquote></p><p> Dolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”</p><p><blockquote>多尔斯滕表示，辉瑞正在考虑根据与默克类似的机制许可其药物。“我们将考虑这些选择，”他说。“我们绝不是说我们会做一些不同的事情。我们只是想确保参与其中的人都能获得这样做的建议和技能。”</blockquote></p><p> Such a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.</p><p><blockquote>这样的一步来得太快了。上月底，活动人士在布尔拉家外抗议，呼吁辉瑞分享其疫苗制造技术，并在富裕国家之前完成低收入国家的订单。</blockquote></p><p> An aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.</p><p><blockquote>分享其抗病毒药物的积极计划将有助于避免此类批评，使辉瑞公司相对受到华盛顿的青睐，并使其令人印象深刻的科学知识继续推动股价走高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.barrons.com/articles/buy-pfizer-stock-covid-19-51636674652?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102251183","content_text":"Pfizer’s chief scientific officer, Mikael Dolsten, sounded giddy when reached via telephone early Monday morning. It was just days after his company knocked the socks off the market with the news that its Covid-19 antiviral had cut the risk of hospitalization by 89% in high-risk adults.\n“It can’t be just a random thing, that you’re able to beat this type of world record and get a grand slam at the same time by chance,” Dolsten said, scrambling sports metaphors as he sought to illustrate the magnitude of Pfizer’s twin wins: the development of a stunningly effective Covid-19 vaccine in just 10 months, followed a year later by the development of a similarly stunning Covid-19 antiviral.\nTwo years ago, Pfizer (ticker: PFE) CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation that Dolsten has rebuilt over the course of more than a decade. That bet is looking smarter than ever.\nBourla has gotten rid of Pfizer’s off-patent drugs division and the last of its consumer health products, leaving behind a pure-play biopharma company that will live or die on the strength of Dolsten’s science.\nIn a cover story in November 2019, Barron’s argued that Bourla and Dolsten could pull it off.\nThe new antiviral data reaffirms the case for Pfizer that Barron’s made two years ago. Continuing to profit off the pandemic, however, brings new risks, as criticism grows over the global inequity in vaccine distribution. Low-income nations account for less than 1% of the more than seven billion doses administered worldwide. If distribution of Pfizer’s antiviral continues to favor wealthy nations, the company’s stock could ultimately suffer.\nPfizer’s shares surged 10.9% the day the data came out, their best daily showing in at least 20 years. Still, with the stock now changing hands at around $50, investors continue to undervalue the company. Investors are pricing Pfizer at 12 times next year’s expected earnings, cheaper than peers like Johnson & Johnson (JNJ) and Eli Lilly (LLY).\nThe Pfizer discount can be attributed to concerns over the patent cliff the drugmaker faces at the end of the decade. The company stands to lose exclusivity over a handful of drugs that bring in billions in annual revenue.\nThe worries are legitimate, but Pfizer’s scientific coup should give investors confidence that the company’s science can carry it safely over that cliff. It may take time for the market to catch up, but for long-term investors, it’s a promising opportunity.\nThe success of the antiviral is the best illustration yet of Pfizer’s scientific prowess.\nWhile Pfizer’s Covid-19 vaccine came out of the labs of the German biotech BioNTech (BNTX), the new Covid-19 antiviral was whipped up by what Dolsten called a “dream team” of scientists at Pfizer’s own labs across the Northeast U.S.\nIn the earliest days of the pandemic, Pfizer split its efforts between its collaboration with BioNTech on the vaccine and its quest for a Covid-19 pill. The vaccine effort operated on a huge scale; Dolsten called it a “mega team” that spanned the Atlantic.\nThe antiviral project was a much smaller operation—a group of Pfizer experts operating with resources left over from the vaccine push.\n“The small molecule was more like a nimble, laser-focused, high-end team, with rather moderate resources,” Dolsten said.\nDolsten gathered some of Pfizer’s most experienced scientists to work on the antiviral project, including its head of medicine design, Charlotte Allerton. The scientists started with work Pfizer had done years ago on a type of antiviral called a protease inhibitor.\n“[Pfizer’s] pharmaceutical R&D is better than people had thought.”\nThe protease inhibitors in the Pfizer library, however, had been administered intravenously, and had not worked well when delivered orally. The team had to figure out how to adapt the drugs to oral administration, a substantial undertaking.\n“They had to really create a lot of new chemistry,” Dolsten said. The scientists created 600 compounds to nail down the right drug, a process that might normally take years, and which they accomplished in a matter of months. “Four years turned into four months here,” he said.\nPfizer started testing the pill in humans in March. It is now running a number of Phase 2/3 trials of the drug, including one for patients who are high risk, one for patients not high risk, and one as a prophylaxis for patients who have been exposed to the virus but aren’t yet sick. In the first readout, the drug looked substantially more effective than the Covid treatment pill from Merck (MRK).\n“It definitely helps prove the point that [Pfizer’s] pharmaceutical R&D is better than people had thought,” says Louise Chen, an analyst at Cantor Fitzgerald, who has an Overweight rating and a $61 price target on the stock.\nChen says that she doesn’t expect investors to come around to her way of thinking until there is more clarity on the durability of Covid-19 vaccine and pill sales, and the rest of the pipeline gets proved out.\n“There is not one event that I think will trigger a re-rating of the stock at the next level,” she says. “Until those things play out, I don’t think that it necessarily will.”\nThat makes a bet on Pfizer a long-term play. In the meantime, the experience of Moderna (MRNA) in recent weeks is highlighting the potential for the vaccine makers to come under scrutiny over unequal distribution of vaccines.\nBiden administration officials have been increasingly frustrated with Moderna, calling on the company to ramp up production so it can offer more doses at not-for-profit prices to low-income countries, with one top official calling on the company to “step up.”\nModerna shares are down more than 40% over the past three months.\nAs the pandemic persists, Pfizer risks eroding the enormous goodwill it earned roughly a year ago when it introduced its Covid-19 vaccine. Earlier this month, Pfizer CEO Bourla blamed low-income countries for unfair vaccine distribution, telling Barron’s that it was their fault for not placing orders. Pfizer has sold a billion vaccine doses to the U.S. at a not-for-profit price to donate to poor countries, and says that a total of at least two billion doses will be delivered to low- and middle-income nations by the end of next year.\nWhen it comes to antivirals, Pfizer has said only that it will offer tiered pricing for poorer nations, the same approach it has taken with its vaccine.\nThat contrasts sharply with Merck’s plan to make its own Covid-19 pill available to poor countries. Merck has signed a deal with a United Nations-backed group that will allow its pill to be licensed globally, with no royalties paid to Merck.\nDolsten said that Pfizer is looking into licensing its pill under a similar mechanism as Merck’s. “We will look at those options,” he said. “By no means have we said we would do something different. We just want to make sure whoever will be involved gets the advice and skill to do this.”\nSuch a step couldn’t come soon enough. Late last month, activists protested outside Bourla’s home, calling on Pfizer to share its vaccine manufacturing technology and to fill orders from low-income countries ahead of those from wealthy countries.\nAn aggressive plan to share its antiviral would help stave off such criticism, keeping Pfizer in the relative good graces of Washington and allowing its impressive science to continue to drive the stock higher.","news_type":1,"symbols_score_info":{"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":3165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870526454,"gmtCreate":1636636502492,"gmtModify":1636636630604,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>money better put in Tiger cash plus account","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>money better put in Tiger cash plus account","text":"$ARK Innovation ETF(ARKK)$money better put in Tiger cash plus account","images":[{"img":"https://static.tigerbbs.com/e9e8c658b2d968c043cdffc89aa99bab","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870526454","isVote":1,"tweetType":1,"viewCount":3146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870526823,"gmtCreate":1636636464363,"gmtModify":1636636541506,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> who's loading?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> who's loading?","text":"$Palantir Technologies Inc.(PLTR)$ who's loading?","images":[{"img":"https://static.tigerbbs.com/b0b1607af4e12444f37c23b011bd5b45","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870526823","isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870210340,"gmtCreate":1636621448200,"gmtModify":1636621448418,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"2% based on the first minute. I don't know how telling this is.","listText":"2% based on the first minute. I don't know how telling this is.","text":"2% based on the first minute. I don't know how telling this is.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870210340","repostId":"1107880037","repostType":2,"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847586040,"gmtCreate":1636535532160,"gmtModify":1636535748423,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Filing was on 05 Nov. How late is this news.","listText":"Filing was on 05 Nov. How late is this news.","text":"Filing was on 05 Nov. How late is this news.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847586040","repostId":"2182083151","repostType":2,"isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844018357,"gmtCreate":1636376823956,"gmtModify":1636377531403,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> earnings tmr","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> earnings tmr","text":"$Palantir Technologies Inc.(PLTR)$ earnings tmr","images":[{"img":"https://static.tigerbbs.com/df1cb45083d4fff1cf57c87edd2dbfe1","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844018357","isVote":1,"tweetType":1,"viewCount":1095,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":845937827,"gmtCreate":1636262225769,"gmtModify":1636262226529,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"End? Do you mean End-emic instead?","listText":"End? Do you mean End-emic instead?","text":"End? Do you mean End-emic instead?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845937827","repostId":"2181742241","repostType":4,"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842558365,"gmtCreate":1636206378165,"gmtModify":1636206385510,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>come on. Stay above 122.","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>come on. Stay above 122.","text":"$ARK Innovation ETF(ARKK)$come on. Stay above 122.","images":[{"img":"https://static.tigerbbs.com/7ad2306551ca6ff5a2e2ac76e8d0e6a1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842558365","isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":842553187,"gmtCreate":1636206237254,"gmtModify":1636206237943,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>this year's phail army. Cannot sustain above 122.","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>this year's phail army. Cannot sustain above 122.","text":"$ARK Innovation ETF(ARKK)$this year's phail army. Cannot sustain above 122.","images":[{"img":"https://static.tigerbbs.com/123a74685121383418785c5288882cd9","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842553187","isVote":1,"tweetType":1,"viewCount":987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":841713462,"gmtCreate":1635942342916,"gmtModify":1635942353084,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>of my eye phone&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>of my eye phone&nbsp;","text":"$Apple(AAPL)$of my eye phone","images":[{"img":"https://static.tigerbbs.com/121fa4d17b7f98ebcb8853f830ba9d4b","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841713462","isVote":1,"tweetType":1,"viewCount":720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":841713900,"gmtCreate":1635942280121,"gmtModify":1635942350679,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>how many times have you touched this resistance?","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>how many times have you touched this resistance?","text":"$ARK Innovation ETF(ARKK)$how many times have you touched this resistance?","images":[{"img":"https://static.tigerbbs.com/fb8bb86ad4568cd6c64a337eec75b13b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841713900","isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":843739037,"gmtCreate":1635857416610,"gmtModify":1635857416879,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a> removing from my watch list","listText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a> removing from my watch list","text":"$Netflix(NFLX)$ removing from my watch list","images":[{"img":"https://static.tigerbbs.com/2027181c6a48b6311d3bc879a6c4ffba","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843739037","isVote":1,"tweetType":1,"viewCount":823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":833140055,"gmtCreate":1629212093777,"gmtModify":1633686519589,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"But why. Who doesn't need Chips? Even fish and chips need chips.","listText":"But why. Who doesn't need Chips? Even fish and chips need chips.","text":"But why. Who doesn't need Chips? Even fish and chips need chips.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/833140055","repostId":"1165994740","repostType":4,"repost":{"id":"1165994740","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":1629208983,"share":"https://www.laohu8.com/m/news/1165994740?lang=zh_CN&edition=full","pubTime":"2021-08-17 22:03","market":"us","language":"en","title":"Semiconductor stocks continue dipping<blockquote>半导体股继续下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1165994740","media":"Tiger Newspress","summary":"(Aug 17) Semiconductor stocks continue dipping.","content":"<p>(Aug 17)&nbsp;Semiconductor stocks continue dipping.</p><p><blockquote>（8月17日）半导体股继续下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a55e85893069d155ca0b730ac8c886fa\" tg-width=\"375\" tg-height=\"365\" width=\"100%\" height=\"auto\"></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>Semiconductor stocks continue dipping<blockquote>半导体股继续下跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nSemiconductor stocks continue dipping<blockquote>半导体股继续下跌</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\">2021-08-17 22:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 17)&nbsp;Semiconductor stocks continue dipping.</p><p><blockquote>（8月17日）半导体股继续下跌。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a55e85893069d155ca0b730ac8c886fa\" tg-width=\"375\" tg-height=\"365\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165994740","content_text":"(Aug 17) Semiconductor stocks continue dipping.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803914725,"gmtCreate":1627400774367,"gmtModify":1633765339088,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Shares split because they want to make it more available to retail investors. Why would Amazon need that cash input from retail investors?","listText":"Shares split because they want to make it more available to retail investors. Why would Amazon need that cash input from retail investors?","text":"Shares split because they want to make it more available to retail investors. Why would Amazon need that cash input from retail investors?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/803914725","repostId":"1174172916","repostType":4,"isVote":1,"tweetType":1,"viewCount":866,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885527777,"gmtCreate":1631804777799,"gmtModify":1631883943262,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"So can I buy Amazon stock now and pay later?","listText":"So can I buy Amazon stock now and pay later?","text":"So can I buy Amazon stock now and pay later?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/885527777","repostId":"1168707929","repostType":4,"repost":{"id":"1168707929","kind":"news","pubTimestamp":1631802521,"share":"https://www.laohu8.com/m/news/1168707929?lang=zh_CN&edition=full","pubTime":"2021-09-16 22:28","market":"us","language":"en","title":"Amazon Is Doing It. So Is Walmart. Why Retail Loves ‘Buy Now, Pay Later.’<blockquote>亚马逊正在做。沃尔玛也是。为什么零售业喜欢“先买后付”。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1168707929","media":"The Wall Street Journal","summary":"Retailers big and small are using installment plans to wring more sales out of shoppers who can’t ge","content":"<p>Retailers big and small are using installment plans to wring more sales out of shoppers who can’t get credit cards</p><p><blockquote>大大小小的零售商正在利用分期付款计划从无法获得信用卡的购物者那里榨取更多销售额</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/108a4007d95b3e93e4d3fe6d678d8339\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Shoppers spend more at Macy’s when they use installment plans offered through Klarna Bank, Macy’s CEO Jeff Gennette said on a recent earnings call.</span></p><p><blockquote><p class=\"t-img-caption\"><span>梅西百货首席执行官杰夫·根内特(Jeff Gennette)在最近的财报看涨期权上表示，当购物者使用克拉纳银行提供的分期付款计划时，他们会在梅西百货花费更多。</span></p></blockquote></p><p> Alexis Luedtke got her first “buy now, pay later” plan in 2019 after she was rejected for a credit card. She has used at least five more since to buy face cream, T-shirts and birthday gifts.</p><p><blockquote>Alexis Luedtke在信用卡被拒绝后，于2019年获得了她的第一个“先买后付”计划。从那以后，她至少又用了五次钱来买面霜、T恤和生日礼物。</blockquote></p><p> Installment plans are back&nbsp;in style.PayPal Holdings&nbsp;Inc.&nbsp;last week&nbsp;said it was buying Japanese installment payment startup&nbsp;Paidy Inc., following Square Inc.’s&nbsp;$29 billion deal&nbsp;for&nbsp;Afterpay&nbsp;Ltd.Macy’s&nbsp;Inc.&nbsp;and&nbsp;Bed Bath &amp; Beyond&nbsp;Inc.&nbsp;have added the option at checkout over the past year. Even&nbsp;Amazon.com&nbsp;Inc.&nbsp;is doing it.</p><p><blockquote>分期付款计划又重新流行起来。继Square Inc.以290亿美元收购Afterpay Ltd.之后，PayPal Holdings Inc.上周表示，将收购日本分期付款初创公司Paidy Inc.。梅西百货(Macy's Inc.)和贝德柏士比昂公司(Bed Bath&amp;Beyond Inc.)增加了过去一年结账时的选项。甚至亚马逊。com Inc.也在这么做。</blockquote></p><p> One reason: shoppers like Ms. Luedtke who don’t qualify for credit cards. Buy-now-pay-later companies say they rely less on—and in some cases bypass altogether—traditional credit scores and reports. Doing so allows them to approve more consumers. Shoppers gain the ability to buy things even without cash on hand—translating to higher sales for retailers.</p><p><blockquote>一个原因是：像Luedtke女士这样没有资格使用信用卡的购物者。先买后付的公司表示，他们较少依赖传统的信用评分和报告，在某些情况下甚至完全绕过传统的信用评分和报告。这样做可以让他们认可更多的消费者。购物者即使手头没有现金也能买到东西——这转化为零售商更高的销售额。</blockquote></p><p> Afterpay said it expects the company’s U.S. merchants will see an $8.2 billion increase in sales this year because of payment plans.Affirm Holdings&nbsp;Inc.&nbsp;last year said purchases made with its payment plans were 85% larger, on average.</p><p><blockquote>Afterpay表示，由于付款计划，预计该公司的美国商家今年的销售额将增加82亿美元。Affirm Holdings Inc.去年表示，通过其付款计划进行的购买量平均增加了85%。</blockquote></p><p> Shoppers spend more at Macy’s when they use installment plans offered through Klarna Bank AB, Macy’s CEO Jeff Gennette said on a recent earnings call. Klarna also is helping the retailer attract younger customers, he said.</p><p><blockquote>梅西百货首席执行官杰夫·根内特(Jeff Gennette)在最近的财报看涨期权上表示，当购物者使用Klarna Bank AB提供的分期付款计划时，他们会在梅西百货花费更多。他说，Klarna还在帮助零售商吸引年轻顾客。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/40620bab35c446816da175fb2334c05e\" tg-width=\"435\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> “The value that most retailers see in buy now, pay later is customer acquisition,” said David Sykes, Klarna’s North America head.</p><p><blockquote>Klarna北美负责人David Sykes表示：“大多数零售商认为先买后付的价值是获取客户。”</blockquote></p><p> Ms. Luedtke, 26, has credit cards now but still prefers installment plans. Just last month, she used them to buy about $40 of Peter Thomas Roth skin-care products and $65 in clothing from Shein.</p><p><blockquote>26岁的Luedtke女士现在有信用卡，但仍然更喜欢分期付款计划。就在上个月，她用它们从Shein购买了约40美元的Peter Thomas Roth护肤品和65美元的服装。</blockquote></p><p> “It definitely influences how much more I buy or would spend,” she said. “It’s easier to pay $200 over so many weeks compared to $200 right now.”</p><p><blockquote>“这肯定会影响我购买或花费的金额，”她说。“与现在的200美元相比，在这么多周内支付200美元更容易。”</blockquote></p><p> Buy now, pay later is a new twist on an old idea. Big retailers have for decades offered installment plans for big-ticket items like washing machines. Today, these plans come in a variety of flavors. Afterpay offers payment plans that shoppers usually attach to their debit cards. Others, like Affirm, also facilitate new loans.</p><p><blockquote>先买后付是对旧观念的新转变。几十年来，大型零售商一直为洗衣机等大件商品提供分期付款计划。如今，这些计划有多种形式。Afterpay提供购物者通常将其附加到借记卡上的付款计划。Affirm等其他公司也为新贷款提供便利。</blockquote></p><p> Interest rates and other terms vary by payment-plan provider. Affirm interest rates range from 0% to 30%, with some 43% of its transactions during its last fiscal year not charging interest at all. The company doesn’t charge late fees. Afterpay doesn’t charge interest but does collect late fees.</p><p><blockquote>利率和其他条款因付款计划提供商而异。Affirm的利率范围为0%至30%，上一财年约43%的交易根本不收取利息。公司不收取滞纳金。Afterpay不收取利息，但收取滞纳金。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/223a1da79b30869fc443b06f41a959eb\" tg-width=\"441\" tg-height=\"556\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Merchants take no credit risk with these plans, but the fees they incur can be higher than on credit-card purchases—often between 3% and 5% of the purchase price, according to people familiar with the matter.</p><p><blockquote>据知情人士透露，商家通过这些计划不承担信用风险，但他们产生的费用可能高于信用卡购物——通常在购买价格的3%至5%之间。</blockquote></p><p> Buy-now-pay-later companies say they can approve more customers than banks, including people who have thin or no borrowing history. Some 53 million adults in the U.S. lack traditional credit scores, according to FICO score creator&nbsp;Fair Isaac&nbsp;Corp.Installment plans are safer, they say, because they are often smaller than credit-card spending limits and approved on a per-transaction basis.</p><p><blockquote>先买后付的公司表示，他们可以批准比银行更多的客户，包括没有借贷历史或没有借贷历史的人。根据FICO评分创建者Fair Isaac Corp.的数据，美国约有5300万成年人缺乏传统信用评分。他们表示，分期付款计划更安全，因为它们通常小于信用卡支出限额，并且按每笔交易获得批准。</blockquote></p><p> Affirm said that it had a net charge-off rate of 1% in the quarter ended June 30, down from 2% a year earlier. Afterpay said it wrote off 0.6% of the total dollars it processed in payments during the company’s fiscal year ended June 30, up from 0.4% the year prior.</p><p><blockquote>Affirm表示，截至6月30日的季度净冲销率为1%，低于去年同期的2%。Afterpay表示，在截至6月30日的财年中，该公司注销了其处理的支付总额的0.6%，高于上年的0.4%。</blockquote></p><p> Working with a web of retailers, buy-now-pay-later companies can create self-contained payment ecosystems. They factor payment behavior into future underwriting decisions. Customers who pay late or not at all risk losing the installment option at other participating retailers.</p><p><blockquote>通过与零售商网络合作，先买后付的公司可以创建独立的支付生态系统。他们将支付行为纳入未来的承保决策中。延迟付款或根本不付款的客户可能会失去其他参与零售商的分期付款选项。</blockquote></p><p> “Most merchants want a partner who has real advantage and real ability to underwrite,” said Affirm CEO Max Levchin. “These are not deeper approvals, but they are different approvals.”</p><p><blockquote>Affirm首席执行官Max Levchin表示：“大多数商家都想要一个拥有真正优势和真正承保能力的合作伙伴。”“这些不是更深层次的审批，而是不同的审批。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f0a5ab7e1c7d6de154b68c230f13b49\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Affirm facilitates new loans among other payment plans.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Affirm在其他付款计划中促进新贷款。</span></p></blockquote></p><p></p><p> Amazon&nbsp;and&nbsp;Walmart&nbsp;Inc.&nbsp;are both working with Affirm. Both have said they want their financial partners to extend credit to more of their customers.</p><p><blockquote>亚马逊和沃尔玛公司都在与Affirm合作。两家公司都表示，他们希望金融合作伙伴向更多客户提供信贷。</blockquote></p><p> Amazon is reviewing proposals, as it weighs whether to replace its longtime card issuer, JPMorgan Chase &amp; Co. Amazon is looking for “commitments to underwrite competitively to widen the acquisition funnel,” the retailer said in a request for proposals reviewed by The Wall Street Journal.</p><p><blockquote>亚马逊正在审查提案，因为它正在权衡是否取代其长期发卡机构摩根大通公司。该零售商在《华尔街日报》审查的提案请求中表示，亚马逊正在寻求“有竞争力的承销承诺，以扩大收购漏斗”。</blockquote></p><p> A desire to boost loan approvals was among the reasons Walmart in 2018 decided to end its decadeslong credit-card partnership with&nbsp;Synchrony Financial.(Capital One Financial Corp. now issues Walmart-branded credit cards.) The retailer made Affirm loans available to most of its customers the following year.</p><p><blockquote>提高贷款审批的愿望是沃尔玛在2018年决定结束与Synchrony Financial长达数十年的信用卡合作伙伴关系的原因之一。（第一资本金融公司现在发行沃尔玛品牌的信用卡。）该零售商向大多数人提供了Affirm贷款次年其客户。</blockquote></p><p> “Our goal is financial inclusion for all,” said Julia Unger, Walmart’s vice president of financial services.</p><p><blockquote>“我们的目标是全民金融普惠，”沃尔玛金融服务副总裁朱莉娅·昂格尔(Julia Unger)表示。</blockquote></p><p> Some banks now offer installment options on their credit cards.Citigroup&nbsp;Inc.&nbsp;saw a sevenfold increase in the dollar amount of credit-card purchases converted to installment loans in July, compared with the same month a year prior, said Gonzalo Luchetti, head of Citigroup’s U.S. consumer bank.</p><p><blockquote>一些银行现在在信用卡上提供分期付款选项。花旗集团美国消费者银行主管贡萨洛·卢凯蒂(Gonzalo Luchetti)表示，与去年同期相比，花旗集团7月份转换为分期贷款的信用卡购买金额增加了7倍。</blockquote></p><p> Synchrony, the largest U.S. store-credit-card issuer, will launch a buy-now, pay-later plan in October. Capital One will test out its own offering later this year, CEO Richard Fairbank said at a conference Monday.</p><p><blockquote>美国最大的商店信用卡发行商Synchrony将于10月推出先买后付计划。第一资本首席执行官理查德·费尔班克(Richard Fairbank)在周一的一次会议上表示，第一资本将在今年晚些时候测试自己的产品。</blockquote></p><p> Wells Fargo &amp; Co. and&nbsp;Bank of America&nbsp;Corp.&nbsp;are exploring adding installment plans on their credit cards, according to people familiar with the matter.Visa&nbsp;Inc.&nbsp;said it has been testing out ways for shoppers to check if they qualify for installment plans when they enter their card numbers at checkout.</p><p><blockquote>据知情人士透露，富国银行(Wells Fargo&amp;Co.)和美国银行(Bank of America Corp.)正在探索在其信用卡上增加分期付款计划。Visa Inc.表示，该公司一直在测试如何让购物者在结账时输入卡号时检查自己是否有资格享受分期付款计划。</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>Amazon Is Doing It. So Is Walmart. Why Retail Loves ‘Buy Now, Pay Later.’<blockquote>亚马逊正在做。沃尔玛也是。为什么零售业喜欢“先买后付”。</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\">\nAmazon Is Doing It. So Is Walmart. Why Retail Loves ‘Buy Now, Pay Later.’<blockquote>亚马逊正在做。沃尔玛也是。为什么零售业喜欢“先买后付”。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-16 22:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Retailers big and small are using installment plans to wring more sales out of shoppers who can’t get credit cards</p><p><blockquote>大大小小的零售商正在利用分期付款计划从无法获得信用卡的购物者那里榨取更多销售额</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/108a4007d95b3e93e4d3fe6d678d8339\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>Shoppers spend more at Macy’s when they use installment plans offered through Klarna Bank, Macy’s CEO Jeff Gennette said on a recent earnings call.</span></p><p><blockquote><p class=\"t-img-caption\"><span>梅西百货首席执行官杰夫·根内特(Jeff Gennette)在最近的财报看涨期权上表示，当购物者使用克拉纳银行提供的分期付款计划时，他们会在梅西百货花费更多。</span></p></blockquote></p><p> Alexis Luedtke got her first “buy now, pay later” plan in 2019 after she was rejected for a credit card. She has used at least five more since to buy face cream, T-shirts and birthday gifts.</p><p><blockquote>Alexis Luedtke在信用卡被拒绝后，于2019年获得了她的第一个“先买后付”计划。从那以后，她至少又用了五次钱来买面霜、T恤和生日礼物。</blockquote></p><p> Installment plans are back&nbsp;in style.PayPal Holdings&nbsp;Inc.&nbsp;last week&nbsp;said it was buying Japanese installment payment startup&nbsp;Paidy Inc., following Square Inc.’s&nbsp;$29 billion deal&nbsp;for&nbsp;Afterpay&nbsp;Ltd.Macy’s&nbsp;Inc.&nbsp;and&nbsp;Bed Bath &amp; Beyond&nbsp;Inc.&nbsp;have added the option at checkout over the past year. Even&nbsp;Amazon.com&nbsp;Inc.&nbsp;is doing it.</p><p><blockquote>分期付款计划又重新流行起来。继Square Inc.以290亿美元收购Afterpay Ltd.之后，PayPal Holdings Inc.上周表示，将收购日本分期付款初创公司Paidy Inc.。梅西百货(Macy's Inc.)和贝德柏士比昂公司(Bed Bath&amp;Beyond Inc.)增加了过去一年结账时的选项。甚至亚马逊。com Inc.也在这么做。</blockquote></p><p> One reason: shoppers like Ms. Luedtke who don’t qualify for credit cards. Buy-now-pay-later companies say they rely less on—and in some cases bypass altogether—traditional credit scores and reports. Doing so allows them to approve more consumers. Shoppers gain the ability to buy things even without cash on hand—translating to higher sales for retailers.</p><p><blockquote>一个原因是：像Luedtke女士这样没有资格使用信用卡的购物者。先买后付的公司表示，他们较少依赖传统的信用评分和报告，在某些情况下甚至完全绕过传统的信用评分和报告。这样做可以让他们认可更多的消费者。购物者即使手头没有现金也能买到东西——这转化为零售商更高的销售额。</blockquote></p><p> Afterpay said it expects the company’s U.S. merchants will see an $8.2 billion increase in sales this year because of payment plans.Affirm Holdings&nbsp;Inc.&nbsp;last year said purchases made with its payment plans were 85% larger, on average.</p><p><blockquote>Afterpay表示，由于付款计划，预计该公司的美国商家今年的销售额将增加82亿美元。Affirm Holdings Inc.去年表示，通过其付款计划进行的购买量平均增加了85%。</blockquote></p><p> Shoppers spend more at Macy’s when they use installment plans offered through Klarna Bank AB, Macy’s CEO Jeff Gennette said on a recent earnings call. Klarna also is helping the retailer attract younger customers, he said.</p><p><blockquote>梅西百货首席执行官杰夫·根内特(Jeff Gennette)在最近的财报看涨期权上表示，当购物者使用Klarna Bank AB提供的分期付款计划时，他们会在梅西百货花费更多。他说，Klarna还在帮助零售商吸引年轻顾客。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/40620bab35c446816da175fb2334c05e\" tg-width=\"435\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> “The value that most retailers see in buy now, pay later is customer acquisition,” said David Sykes, Klarna’s North America head.</p><p><blockquote>Klarna北美负责人David Sykes表示：“大多数零售商认为先买后付的价值是获取客户。”</blockquote></p><p> Ms. Luedtke, 26, has credit cards now but still prefers installment plans. Just last month, she used them to buy about $40 of Peter Thomas Roth skin-care products and $65 in clothing from Shein.</p><p><blockquote>26岁的Luedtke女士现在有信用卡，但仍然更喜欢分期付款计划。就在上个月，她用它们从Shein购买了约40美元的Peter Thomas Roth护肤品和65美元的服装。</blockquote></p><p> “It definitely influences how much more I buy or would spend,” she said. “It’s easier to pay $200 over so many weeks compared to $200 right now.”</p><p><blockquote>“这肯定会影响我购买或花费的金额，”她说。“与现在的200美元相比，在这么多周内支付200美元更容易。”</blockquote></p><p> Buy now, pay later is a new twist on an old idea. Big retailers have for decades offered installment plans for big-ticket items like washing machines. Today, these plans come in a variety of flavors. Afterpay offers payment plans that shoppers usually attach to their debit cards. Others, like Affirm, also facilitate new loans.</p><p><blockquote>先买后付是对旧观念的新转变。几十年来，大型零售商一直为洗衣机等大件商品提供分期付款计划。如今，这些计划有多种形式。Afterpay提供购物者通常将其附加到借记卡上的付款计划。Affirm等其他公司也为新贷款提供便利。</blockquote></p><p> Interest rates and other terms vary by payment-plan provider. Affirm interest rates range from 0% to 30%, with some 43% of its transactions during its last fiscal year not charging interest at all. The company doesn’t charge late fees. Afterpay doesn’t charge interest but does collect late fees.</p><p><blockquote>利率和其他条款因付款计划提供商而异。Affirm的利率范围为0%至30%，上一财年约43%的交易根本不收取利息。公司不收取滞纳金。Afterpay不收取利息，但收取滞纳金。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/223a1da79b30869fc443b06f41a959eb\" tg-width=\"441\" tg-height=\"556\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Merchants take no credit risk with these plans, but the fees they incur can be higher than on credit-card purchases—often between 3% and 5% of the purchase price, according to people familiar with the matter.</p><p><blockquote>据知情人士透露，商家通过这些计划不承担信用风险，但他们产生的费用可能高于信用卡购物——通常在购买价格的3%至5%之间。</blockquote></p><p> Buy-now-pay-later companies say they can approve more customers than banks, including people who have thin or no borrowing history. Some 53 million adults in the U.S. lack traditional credit scores, according to FICO score creator&nbsp;Fair Isaac&nbsp;Corp.Installment plans are safer, they say, because they are often smaller than credit-card spending limits and approved on a per-transaction basis.</p><p><blockquote>先买后付的公司表示，他们可以批准比银行更多的客户，包括没有借贷历史或没有借贷历史的人。根据FICO评分创建者Fair Isaac Corp.的数据，美国约有5300万成年人缺乏传统信用评分。他们表示，分期付款计划更安全，因为它们通常小于信用卡支出限额，并且按每笔交易获得批准。</blockquote></p><p> Affirm said that it had a net charge-off rate of 1% in the quarter ended June 30, down from 2% a year earlier. Afterpay said it wrote off 0.6% of the total dollars it processed in payments during the company’s fiscal year ended June 30, up from 0.4% the year prior.</p><p><blockquote>Affirm表示，截至6月30日的季度净冲销率为1%，低于去年同期的2%。Afterpay表示，在截至6月30日的财年中，该公司注销了其处理的支付总额的0.6%，高于上年的0.4%。</blockquote></p><p> Working with a web of retailers, buy-now-pay-later companies can create self-contained payment ecosystems. They factor payment behavior into future underwriting decisions. Customers who pay late or not at all risk losing the installment option at other participating retailers.</p><p><blockquote>通过与零售商网络合作，先买后付的公司可以创建独立的支付生态系统。他们将支付行为纳入未来的承保决策中。延迟付款或根本不付款的客户可能会失去其他参与零售商的分期付款选项。</blockquote></p><p> “Most merchants want a partner who has real advantage and real ability to underwrite,” said Affirm CEO Max Levchin. “These are not deeper approvals, but they are different approvals.”</p><p><blockquote>Affirm首席执行官Max Levchin表示：“大多数商家都想要一个拥有真正优势和真正承保能力的合作伙伴。”“这些不是更深层次的审批，而是不同的审批。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f0a5ab7e1c7d6de154b68c230f13b49\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>Affirm facilitates new loans among other payment plans.</span></p><p><blockquote><p class=\"t-img-caption\"><span>Affirm在其他付款计划中促进新贷款。</span></p></blockquote></p><p></p><p> Amazon&nbsp;and&nbsp;Walmart&nbsp;Inc.&nbsp;are both working with Affirm. Both have said they want their financial partners to extend credit to more of their customers.</p><p><blockquote>亚马逊和沃尔玛公司都在与Affirm合作。两家公司都表示，他们希望金融合作伙伴向更多客户提供信贷。</blockquote></p><p> Amazon is reviewing proposals, as it weighs whether to replace its longtime card issuer, JPMorgan Chase &amp; Co. Amazon is looking for “commitments to underwrite competitively to widen the acquisition funnel,” the retailer said in a request for proposals reviewed by The Wall Street Journal.</p><p><blockquote>亚马逊正在审查提案，因为它正在权衡是否取代其长期发卡机构摩根大通公司。该零售商在《华尔街日报》审查的提案请求中表示，亚马逊正在寻求“有竞争力的承销承诺，以扩大收购漏斗”。</blockquote></p><p> A desire to boost loan approvals was among the reasons Walmart in 2018 decided to end its decadeslong credit-card partnership with&nbsp;Synchrony Financial.(Capital One Financial Corp. now issues Walmart-branded credit cards.) The retailer made Affirm loans available to most of its customers the following year.</p><p><blockquote>提高贷款审批的愿望是沃尔玛在2018年决定结束与Synchrony Financial长达数十年的信用卡合作伙伴关系的原因之一。（第一资本金融公司现在发行沃尔玛品牌的信用卡。）该零售商向大多数人提供了Affirm贷款次年其客户。</blockquote></p><p> “Our goal is financial inclusion for all,” said Julia Unger, Walmart’s vice president of financial services.</p><p><blockquote>“我们的目标是全民金融普惠，”沃尔玛金融服务副总裁朱莉娅·昂格尔(Julia Unger)表示。</blockquote></p><p> Some banks now offer installment options on their credit cards.Citigroup&nbsp;Inc.&nbsp;saw a sevenfold increase in the dollar amount of credit-card purchases converted to installment loans in July, compared with the same month a year prior, said Gonzalo Luchetti, head of Citigroup’s U.S. consumer bank.</p><p><blockquote>一些银行现在在信用卡上提供分期付款选项。花旗集团美国消费者银行主管贡萨洛·卢凯蒂(Gonzalo Luchetti)表示，与去年同期相比，花旗集团7月份转换为分期贷款的信用卡购买金额增加了7倍。</blockquote></p><p> Synchrony, the largest U.S. store-credit-card issuer, will launch a buy-now, pay-later plan in October. Capital One will test out its own offering later this year, CEO Richard Fairbank said at a conference Monday.</p><p><blockquote>美国最大的商店信用卡发行商Synchrony将于10月推出先买后付计划。第一资本首席执行官理查德·费尔班克(Richard Fairbank)在周一的一次会议上表示，第一资本将在今年晚些时候测试自己的产品。</blockquote></p><p> Wells Fargo &amp; Co. and&nbsp;Bank of America&nbsp;Corp.&nbsp;are exploring adding installment plans on their credit cards, according to people familiar with the matter.Visa&nbsp;Inc.&nbsp;said it has been testing out ways for shoppers to check if they qualify for installment plans when they enter their card numbers at checkout.</p><p><blockquote>据知情人士透露，富国银行(Wells Fargo&amp;Co.)和美国银行(Bank of America Corp.)正在探索在其信用卡上增加分期付款计划。Visa Inc.表示，该公司一直在测试如何让购物者在结账时输入卡号时检查自己是否有资格享受分期付款计划。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/amazon-is-doing-it-so-is-walmart-why-retail-loves-buy-now-pay-later-11631784601?mod=hp_lead_pos10\">The Wall Street Journal</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":{"AMZN":"亚马逊","AFRM":"Affirm Holdings, Inc.","M":"梅西百货","WMT":"沃尔玛","V":"Visa","PYPL":"PayPal"},"source_url":"https://www.wsj.com/articles/amazon-is-doing-it-so-is-walmart-why-retail-loves-buy-now-pay-later-11631784601?mod=hp_lead_pos10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168707929","content_text":"Retailers big and small are using installment plans to wring more sales out of shoppers who can’t get credit cards\nShoppers spend more at Macy’s when they use installment plans offered through Klarna Bank, Macy’s CEO Jeff Gennette said on a recent earnings call.\nAlexis Luedtke got her first “buy now, pay later” plan in 2019 after she was rejected for a credit card. She has used at least five more since to buy face cream, T-shirts and birthday gifts.\nInstallment plans are back in style.PayPal Holdings Inc. last week said it was buying Japanese installment payment startup Paidy Inc., following Square Inc.’s $29 billion deal for Afterpay Ltd.Macy’s Inc. and Bed Bath & Beyond Inc. have added the option at checkout over the past year. Even Amazon.com Inc. is doing it.\nOne reason: shoppers like Ms. Luedtke who don’t qualify for credit cards. Buy-now-pay-later companies say they rely less on—and in some cases bypass altogether—traditional credit scores and reports. Doing so allows them to approve more consumers. Shoppers gain the ability to buy things even without cash on hand—translating to higher sales for retailers.\nAfterpay said it expects the company’s U.S. merchants will see an $8.2 billion increase in sales this year because of payment plans.Affirm Holdings Inc. last year said purchases made with its payment plans were 85% larger, on average.\nShoppers spend more at Macy’s when they use installment plans offered through Klarna Bank AB, Macy’s CEO Jeff Gennette said on a recent earnings call. Klarna also is helping the retailer attract younger customers, he said.\n\n“The value that most retailers see in buy now, pay later is customer acquisition,” said David Sykes, Klarna’s North America head.\nMs. Luedtke, 26, has credit cards now but still prefers installment plans. Just last month, she used them to buy about $40 of Peter Thomas Roth skin-care products and $65 in clothing from Shein.\n“It definitely influences how much more I buy or would spend,” she said. “It’s easier to pay $200 over so many weeks compared to $200 right now.”\nBuy now, pay later is a new twist on an old idea. Big retailers have for decades offered installment plans for big-ticket items like washing machines. Today, these plans come in a variety of flavors. Afterpay offers payment plans that shoppers usually attach to their debit cards. Others, like Affirm, also facilitate new loans.\nInterest rates and other terms vary by payment-plan provider. Affirm interest rates range from 0% to 30%, with some 43% of its transactions during its last fiscal year not charging interest at all. The company doesn’t charge late fees. Afterpay doesn’t charge interest but does collect late fees.\n\nMerchants take no credit risk with these plans, but the fees they incur can be higher than on credit-card purchases—often between 3% and 5% of the purchase price, according to people familiar with the matter.\nBuy-now-pay-later companies say they can approve more customers than banks, including people who have thin or no borrowing history. Some 53 million adults in the U.S. lack traditional credit scores, according to FICO score creator Fair Isaac Corp.Installment plans are safer, they say, because they are often smaller than credit-card spending limits and approved on a per-transaction basis.\nAffirm said that it had a net charge-off rate of 1% in the quarter ended June 30, down from 2% a year earlier. Afterpay said it wrote off 0.6% of the total dollars it processed in payments during the company’s fiscal year ended June 30, up from 0.4% the year prior.\nWorking with a web of retailers, buy-now-pay-later companies can create self-contained payment ecosystems. They factor payment behavior into future underwriting decisions. Customers who pay late or not at all risk losing the installment option at other participating retailers.\n“Most merchants want a partner who has real advantage and real ability to underwrite,” said Affirm CEO Max Levchin. “These are not deeper approvals, but they are different approvals.”\nAffirm facilitates new loans among other payment plans.\nAmazon and Walmart Inc. are both working with Affirm. Both have said they want their financial partners to extend credit to more of their customers.\nAmazon is reviewing proposals, as it weighs whether to replace its longtime card issuer, JPMorgan Chase & Co. Amazon is looking for “commitments to underwrite competitively to widen the acquisition funnel,” the retailer said in a request for proposals reviewed by The Wall Street Journal.\nA desire to boost loan approvals was among the reasons Walmart in 2018 decided to end its decadeslong credit-card partnership with Synchrony Financial.(Capital One Financial Corp. now issues Walmart-branded credit cards.) The retailer made Affirm loans available to most of its customers the following year.\n“Our goal is financial inclusion for all,” said Julia Unger, Walmart’s vice president of financial services.\nSome banks now offer installment options on their credit cards.Citigroup Inc. saw a sevenfold increase in the dollar amount of credit-card purchases converted to installment loans in July, compared with the same month a year prior, said Gonzalo Luchetti, head of Citigroup’s U.S. consumer bank.\nSynchrony, the largest U.S. store-credit-card issuer, will launch a buy-now, pay-later plan in October. Capital One will test out its own offering later this year, CEO Richard Fairbank said at a conference Monday.\nWells Fargo & Co. and Bank of America Corp. are exploring adding installment plans on their credit cards, according to people familiar with the matter.Visa Inc. said it has been testing out ways for shoppers to check if they qualify for installment plans when they enter their card numbers at checkout.","news_type":1,"symbols_score_info":{"V":0.9,"WMT":0.9,"AFRM":0.9,"SQ":0.9,"PYPL":0.9,"AMZN":0.9,"M":0.9}},"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":824968162,"gmtCreate":1634270632200,"gmtModify":1634274404679,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"50 years to be a millionaire...","listText":"50 years to be a millionaire...","text":"50 years to be a millionaire...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/824968162","repostId":"2175192961","repostType":4,"isVote":1,"tweetType":1,"viewCount":942,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863567931,"gmtCreate":1632406718323,"gmtModify":1632731519445,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Anyone thought of the same song? Wake me up.. when September end.","listText":"Anyone thought of the same song? Wake me up.. when September end.","text":"Anyone thought of the same song? Wake me up.. when September end.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/863567931","repostId":"1185114998","repostType":4,"repost":{"id":"1185114998","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":1632403944,"share":"https://www.laohu8.com/m/news/1185114998?lang=zh_CN&edition=full","pubTime":"2021-09-23 21:32","market":"us","language":"en","title":"Stocks open higher, building on post-Fed gains<blockquote>股市开盘走高，延续美联储后的涨幅</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185114998","media":"Tiger Newspress","summary":"(Sept 23) Stocks open higher, building on post-Fed gains. Dow rises for a second day, adding 200 poi","content":"<p>(Sept 23)&nbsp;Stocks open higher, building on post-Fed gains.&nbsp;Dow rises for a second day, adding 200 points as market continues to reclaim September losses.</p><p><blockquote>（9月23日）股市开盘走高，延续美联储后的涨幅。道琼斯指数连续第二天上涨，上涨200点，市场继续收复9月份的跌幅。</blockquote></p><p> The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 9% in&nbsp;morning&nbsp;trding.</p><p><blockquote>该公司公布的季度收益好于预期，调整后毛利率为65%。<a href=\"https://laohu8.com/S/BB\">黑莓</a>根据Refinitiv的数据，每股亏损6美分，而预期每股亏损7美分。收入为1.75亿美元，高于预期的1.64亿美元。早盘股价上涨超过9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/db991fbc6c2ba939756396898e5220f5\" tg-width=\"959\" tg-height=\"561\" referrerpolicy=\"no-referrer\">Salesforce rose 4% after the cloud company raised its full-year 2022 revenue guidance.</p><p><blockquote>云公司Salesforce上调2022年全年收入指引后，该公司股价上涨4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/21871db96fdc1822b80c9e2903a14651\" tg-width=\"960\" tg-height=\"563\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Airline shares, Carnival stocks gain in morning trading.</p><p><blockquote>航空股、嘉年华股早盘上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70de15909e3e929a872f38ecc5bee841\" tg-width=\"276\" tg-height=\"361\" 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>Stocks open higher, building on post-Fed gains<blockquote>股市开盘走高，延续美联储后的涨幅</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\">\nStocks open higher, building on post-Fed gains<blockquote>股市开盘走高，延续美联储后的涨幅</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\">2021-09-23 21:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Sept 23)&nbsp;Stocks open higher, building on post-Fed gains.&nbsp;Dow rises for a second day, adding 200 points as market continues to reclaim September losses.</p><p><blockquote>（9月23日）股市开盘走高，延续美联储后的涨幅。道琼斯指数连续第二天上涨，上涨200点，市场继续收复9月份的跌幅。</blockquote></p><p> The company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 9% in&nbsp;morning&nbsp;trding.</p><p><blockquote>该公司公布的季度收益好于预期，调整后毛利率为65%。<a href=\"https://laohu8.com/S/BB\">黑莓</a>根据Refinitiv的数据，每股亏损6美分，而预期每股亏损7美分。收入为1.75亿美元，高于预期的1.64亿美元。早盘股价上涨超过9%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/db991fbc6c2ba939756396898e5220f5\" tg-width=\"959\" tg-height=\"561\" referrerpolicy=\"no-referrer\">Salesforce rose 4% after the cloud company raised its full-year 2022 revenue guidance.</p><p><blockquote>云公司Salesforce上调2022年全年收入指引后，该公司股价上涨4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/21871db96fdc1822b80c9e2903a14651\" tg-width=\"960\" tg-height=\"563\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> Airline shares, Carnival stocks gain in morning trading.</p><p><blockquote>航空股、嘉年华股早盘上涨。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70de15909e3e929a872f38ecc5bee841\" tg-width=\"276\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185114998","content_text":"(Sept 23) Stocks open higher, building on post-Fed gains. Dow rises for a second day, adding 200 points as market continues to reclaim September losses.\nThe company reported better-than-expected quarterly earnings, with an adjusted gross margin of 65%. BlackBerry reported a loss of 6 cents per share, compared with the expected loss of 7 cents per share, according to Refinitiv. Revenue came in at $175 million, topping estimates of $164 million. Shares rose more than 9% in morning trding.\nSalesforce rose 4% after the cloud company raised its full-year 2022 revenue guidance.\n\nAirline shares, Carnival stocks gain in morning trading.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831640022,"gmtCreate":1629326282466,"gmtModify":1633685756498,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"But price still drop. People can buy the dip.","listText":"But price still drop. People can buy the dip.","text":"But price still drop. People can buy the dip.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/831640022","repostId":"2160758748","repostType":2,"repost":{"id":"2160758748","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1629318075,"share":"https://www.laohu8.com/m/news/2160758748?lang=zh_CN&edition=full","pubTime":"2021-08-19 04:21","market":"us","language":"en","title":"NVIDIA Q2 Adj. EPS $1.04 Beats $1.02 Estimate, Sales $6.51B Beat $6.33B Estimate<blockquote>英伟达第二季度调整后EPS$1.04超出预期$1.02，销售额$6.51 B超出预期$6.33 B</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2160758748","media":"Benzinga","summary":"NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $1.02 by 1.96 percent. This is a 52.29 percent decrease over earnings of $2.18 per share from the same","content":"<p><html><body>NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $1.02 by 1.96 percent. This is a 52.29 percent decrease over earnings of $2.18 per share from the same period last year.  The company reported quarterly sales of $6.51 billion which beat the analyst consensus estimate of $6.33 billion by 2.84 percent.  This is a 68.39 percent increase over sales of $3.87 billion the same period last year.</p><p><blockquote><html><body>英伟达（纳斯达克股票代码：NVDA）公布的季度收益为每股1.04美元，比分析师普遍预期的1.02美元高出1.96%。与去年同期每股收益2.18美元相比，下降了52.29%。该公司报告季度销售额为65.1亿美元，比分析师普遍预期的63.3亿美元高出2.84%。这比去年同期38.7亿美元的销售额增长了68.39%。</body></html></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>NVIDIA Q2 Adj. EPS $1.04 Beats $1.02 Estimate, Sales $6.51B Beat $6.33B Estimate<blockquote>英伟达第二季度调整后EPS$1.04超出预期$1.02，销售额$6.51 B超出预期$6.33 B</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 Q2 Adj. EPS $1.04 Beats $1.02 Estimate, Sales $6.51B Beat $6.33B Estimate<blockquote>英伟达第二季度调整后EPS$1.04超出预期$1.02，销售额$6.51 B超出预期$6.33 B</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-19 04:21</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p><html><body>NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $1.02 by 1.96 percent. This is a 52.29 percent decrease over earnings of $2.18 per share from the same period last year.  The company reported quarterly sales of $6.51 billion which beat the analyst consensus estimate of $6.33 billion by 2.84 percent.  This is a 68.39 percent increase over sales of $3.87 billion the same period last year.</p><p><blockquote><html><body>英伟达（纳斯达克股票代码：NVDA）公布的季度收益为每股1.04美元，比分析师普遍预期的1.02美元高出1.96%。与去年同期每股收益2.18美元相比，下降了52.29%。该公司报告季度销售额为65.1亿美元，比分析师普遍预期的63.3亿美元高出2.84%。这比去年同期38.7亿美元的销售额增长了68.39%。</body></html></blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","QTWO":"Q2 Holdings Inc"},"source_url":"https://www.benzinga.com/news/earnings/21/08/22565494/nvidia-q2-adj-eps-1-04-beats-1-02-estimate-sales-6-51b-beat-6-33b-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160758748","content_text":"NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $1.02 by 1.96 percent. This is a 52.29 percent decrease over earnings of $2.18 per share from the same period last year.  The company reported quarterly sales of $6.51 billion which beat the analyst consensus estimate of $6.33 billion by 2.84 percent.  This is a 68.39 percent increase over sales of $3.87 billion the same period last year.","news_type":1,"symbols_score_info":{"QTWO":1,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156698129,"gmtCreate":1625215885161,"gmtModify":1633942461076,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"By the time we read this news... It might already be too&nbsp;late.","listText":"By the time we read this news... It might already be too&nbsp;late.","text":"By the time we read this news... It might already be too late.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/156698129","repostId":"1117047278","repostType":4,"repost":{"id":"1117047278","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":1625215673,"share":"https://www.laohu8.com/m/news/1117047278?lang=zh_CN&edition=full","pubTime":"2021-07-02 16:47","market":"us","language":"en","title":"Pop Culture Group stock surged 44% in premarket trading<blockquote>流行文化集团股价在盘前交易中飙升44%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117047278","media":"Tiger Newspress","summary":"Pop Culture Group stock surged 44% in premarket trading.\n\nPop culture group shares Popped nearly 900","content":"<p>Pop Culture Group stock surged 44% in premarket trading.</p><p><blockquote>流行文化集团股价在盘前交易中飙升44%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a1d38cc2f2a15e60a65c07229ea3c32b\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Pop culture group shares Popped nearly 900% this week.</p><p><blockquote>流行文化集团股价本周上涨近900%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9619ec40dc747046c87454d5489def91\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <ul>  <li>Pop Culture is a Chinese company based out of Xiamendedicated to promoting hip-pop culture.</li>  <li>Its goal is to “promote hip-hop culture and its values of love, peace, unity, respect, and having fun, and to promote cultural exchange with respect to hip-hop between the United States and China.”</li>  <li>This has it offering up entertainment events, online programs, and other services with the younger generation as its primary target.</li>  <li>Pop Culture launched its IPO Wednesday that put shares of CPOP stock on the&nbsp;<b>Nasdaq Exchange</b>.</li>  <li>This saw it offering 6.2 million shares of CPOP stock at a price of $6 each.</li> </ul> <ul>  <li>That includes using it to “develop and operate online content, develop a street dance training business, create derivative works of hip-hop intellectual properties, and develop hip-hop events, and for working capital and other general corporate purposes.”</li>  <li>While CPOP is currently trading well above the penny stock range, investors may still want to be careful when investing considering its low price before the massive surge yesterday and today.</li> </ul> CPOP stock was up 97.7% as of Thursday.</p><p><blockquote><ul><li>流行文化是一家总部位于厦门的中国公司，致力于推广嘻哈文化。</li><li>其目标是“促进嘻哈文化及其爱、和平、团结、尊重和娱乐的价值观，并促进美国和中国之间关于嘻哈的文化交流。”</li><li>这使得它以年轻一代为主要目标提供娱乐活动、在线节目和其他服务。</li><li>Pop Culture周三启动了IPO，CPOP股票上市<b>纳斯达克交易所</b>.</li><li>该公司以每股6美元的价格发行了620万股CPOP股票。</li></ul><ul><li>其中包括将其用于“开发和运营在线内容、开发街舞培训业务、创作嘻哈知识产权衍生作品、开发嘻哈活动，以及用于营运资金和其他一般公司用途”。</li><li>虽然CPOP目前的交易价格远高于细价股区间，但考虑到其在昨天和今天大幅飙升之前的低价，投资者在投资时可能仍需谨慎。</li></ul>截至周四，CPOP股价上涨97.7%。</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>Pop Culture Group stock surged 44% in premarket trading<blockquote>流行文化集团股价在盘前交易中飙升44%</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\">\nPop Culture Group stock surged 44% in premarket trading<blockquote>流行文化集团股价在盘前交易中飙升44%</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\">2021-07-02 16:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Pop Culture Group stock surged 44% in premarket trading.</p><p><blockquote>流行文化集团股价在盘前交易中飙升44%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/a1d38cc2f2a15e60a65c07229ea3c32b\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Pop culture group shares Popped nearly 900% this week.</p><p><blockquote>流行文化集团股价本周上涨近900%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9619ec40dc747046c87454d5489def91\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <ul>  <li>Pop Culture is a Chinese company based out of Xiamendedicated to promoting hip-pop culture.</li>  <li>Its goal is to “promote hip-hop culture and its values of love, peace, unity, respect, and having fun, and to promote cultural exchange with respect to hip-hop between the United States and China.”</li>  <li>This has it offering up entertainment events, online programs, and other services with the younger generation as its primary target.</li>  <li>Pop Culture launched its IPO Wednesday that put shares of CPOP stock on the&nbsp;<b>Nasdaq Exchange</b>.</li>  <li>This saw it offering 6.2 million shares of CPOP stock at a price of $6 each.</li> </ul> <ul>  <li>That includes using it to “develop and operate online content, develop a street dance training business, create derivative works of hip-hop intellectual properties, and develop hip-hop events, and for working capital and other general corporate purposes.”</li>  <li>While CPOP is currently trading well above the penny stock range, investors may still want to be careful when investing considering its low price before the massive surge yesterday and today.</li> </ul> CPOP stock was up 97.7% as of Thursday.</p><p><blockquote><ul><li>流行文化是一家总部位于厦门的中国公司，致力于推广嘻哈文化。</li><li>其目标是“促进嘻哈文化及其爱、和平、团结、尊重和娱乐的价值观，并促进美国和中国之间关于嘻哈的文化交流。”</li><li>这使得它以年轻一代为主要目标提供娱乐活动、在线节目和其他服务。</li><li>Pop Culture周三启动了IPO，CPOP股票上市<b>纳斯达克交易所</b>.</li><li>该公司以每股6美元的价格发行了620万股CPOP股票。</li></ul><ul><li>其中包括将其用于“开发和运营在线内容、开发街舞培训业务、创作嘻哈知识产权衍生作品、开发嘻哈活动，以及用于营运资金和其他一般公司用途”。</li><li>虽然CPOP目前的交易价格远高于细价股区间，但考虑到其在昨天和今天大幅飙升之前的低价，投资者在投资时可能仍需谨慎。</li></ul>截至周四，CPOP股价上涨97.7%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPOP":"普普文化"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117047278","content_text":"Pop Culture Group stock surged 44% in premarket trading.\n\nPop culture group shares Popped nearly 900% this week.\n\n\n\nPop Culture is a Chinese company based out of Xiamendedicated to promoting hip-pop culture.\nIts goal is to “promote hip-hop culture and its values of love, peace, unity, respect, and having fun, and to promote cultural exchange with respect to hip-hop between the United States and China.”\nThis has it offering up entertainment events, online programs, and other services with the younger generation as its primary target.\nPop Culture launched its IPO Wednesday that put shares of CPOP stock on the Nasdaq Exchange.\nThis saw it offering 6.2 million shares of CPOP stock at a price of $6 each.\n\n\nThat includes using it to “develop and operate online content, develop a street dance training business, create derivative works of hip-hop intellectual properties, and develop hip-hop events, and for working capital and other general corporate purposes.”\nWhile CPOP is currently trading well above the penny stock range, investors may still want to be careful when investing considering its low price before the massive surge yesterday and today.\n\nCPOP stock was up 97.7% as of Thursday.","news_type":1,"symbols_score_info":{"CPOP":0.9}},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192756013,"gmtCreate":1621233116232,"gmtModify":1631883989948,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"To think that one&nbsp;man's words has so much influence over the crypto prices.","listText":"To think that one&nbsp;man's words has so much influence over the crypto prices.","text":"To think that one man's words has so much influence over the crypto prices.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/192756013","repostId":"1193810245","repostType":4,"repost":{"id":"1193810245","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":1621231602,"share":"https://www.laohu8.com/m/news/1193810245?lang=zh_CN&edition=full","pubTime":"2021-05-17 14:06","market":"us","language":"en","title":"Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.<blockquote>Elon Musk表示，澄清猜测，特斯拉没有出售任何比特币。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193810245","media":"Tiger Newspress","summary":"Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.Bitcoin price bounced back to ","content":"<p>Elon Musk&nbsp;said,To clarify speculation, Tesla has not sold any Bitcoin.</p><p><blockquote>Elon Musk表示，澄清猜测，特斯拉没有出售任何比特币。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4b281e26b49ccf140e26d7c8fad90414\" tg-width=\"898\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Bitcoin price&nbsp;bounced back to $45,000.</p><p><blockquote>比特币价格反弹至45,000美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.<blockquote>Elon Musk表示，澄清猜测，特斯拉没有出售任何比特币。</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\">\nElon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.<blockquote>Elon Musk表示，澄清猜测，特斯拉没有出售任何比特币。</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\">2021-05-17 14:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Elon Musk&nbsp;said,To clarify speculation, Tesla has not sold any Bitcoin.</p><p><blockquote>Elon Musk表示，澄清猜测，特斯拉没有出售任何比特币。</blockquote></p><p><img src=\"https://static.tigerbbs.com/4b281e26b49ccf140e26d7c8fad90414\" tg-width=\"898\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Bitcoin price&nbsp;bounced back to $45,000.</p><p><blockquote>比特币价格反弹至45,000美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193810245","content_text":"Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.Bitcoin price bounced back to $45,000.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810609382,"gmtCreate":1629967877046,"gmtModify":1633681122220,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"their customer service is really bad.","listText":"their customer service is really bad.","text":"their customer service is really bad.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/810609382","repostId":"1193702821","repostType":2,"repost":{"id":"1193702821","kind":"news","pubTimestamp":1629967144,"share":"https://www.laohu8.com/m/news/1193702821?lang=zh_CN&edition=full","pubTime":"2021-08-26 16:39","market":"sg","language":"en","title":"Singapore's Razer gives up costly ASEAN e-wallet battle<blockquote>新加坡雷蛇放弃代价高昂的东盟电子钱包之战</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1193702821","media":"Nikkei Asia","summary":"More consolidation expected as big players invest heavily in user acquisition","content":"<p>More consolidation expected as big players invest heavily in user acquisition</p><p><blockquote>随着大型企业大力投资用户获取，预计将出现更多整合</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/457780c99df63262b95067e8507daa9b\" tg-width=\"1400\" tg-height=\"787\" width=\"100%\" height=\"auto\"><span>Razer Pay will be shut down at the end of September as e-wallet competition heats up in Southeast Asia.</span></p><p><blockquote><p class=\"t-img-caption\"><span>随着东南亚电子钱包竞争的升温，Razer Pay将于9月底关闭。</span></p></blockquote></p><p> SINGAPORE -- The high-cost battle to capture Southeast Asia's growing e-wallet market has claimed a major casualty, with Singaporean startup Razer announcing it will shut down a business that had over 1 million users.</p><p><blockquote>新加坡——占领东南亚不断增长的电子钱包市场的高成本战斗造成了重大伤亡，新加坡初创公司Razer宣布将关闭一家拥有超过100万用户的业务。</blockquote></p><p> Razer, primarily a gaming hardware maker, will stop its Razer Pay e-wallet at the end of September. The withdrawal could make other tech companies rethink their e-wallet strategy and pave the way for industry consolidation.</p><p><blockquote>主要是游戏硬件制造商Razer将于9月底停止其Razer Pay电子钱包。此次退出可能会让其他科技公司重新思考其电子钱包战略，并为行业整合铺平道路。</blockquote></p><p> \"The app will no longer be available from October 1, 2021 onwards,\" Razer said in a notice on its website, instructing account holders to withdraw their balance. Payments will only be accepted until the end of this month, and new sign-ups are no longer allowed.</p><p><blockquote>Razer在其网站上的一份通知中表示：“从2021年10月1日起，该应用程序将不再可用。”并指示账户持有人提取余额。付款只接受到本月底，不再允许新注册。</blockquote></p><p> Razer's e-wallet shutdown comes as the high costs of customer acquisition weigh on operators. The company explained it will narrow its focus to&nbsp;business-to-business&nbsp;digital payments, in which it provides payment processing services for merchants.</p><p><blockquote>Razer关闭电子钱包之际，高昂的客户获取成本给运营商带来了压力。该公司解释说，它将把重点缩小到企业对企业数字支付，为商家提供支付处理服务。</blockquote></p><p> \"We took the view that&nbsp;if you have capital -- not unlimited -- and if you want to invest in certain areas, it was the decision that the B2B business has the opportunity,\" said Lee Li Meng, Razer's chief strategy officer and head of its fintech unit. He told reporters on Wednesday that the e-wallet business involves a lot of user acquisition costs, \"especially in Southeast Asia.\"</p><p><blockquote>Razer首席战略官兼金融科技部门负责人Lee Li Meng表示：“我们认为，如果你有资本——不是无限的——并且你想在某些领域投资，那么B2B业务就有机会。”他周三对记者表示，电子钱包业务涉及大量用户获取成本，“尤其是在东南亚地区。”</blockquote></p><p> Razer Pay was launched first in Malaysia in July 2018 and then Singapore in March 2019, acquiring about 1.1 million users in total.</p><p><blockquote>Razer Pay于2018年7月首先在马来西亚推出，然后于2019年3月在新加坡推出，总共获得了约110万用户。</blockquote></p><p> Originally, Razer started the payment service to allow gamers to buy its gaming items online. Then it expanded the service for nongamers by installing it at offline merchants such as convenience stores and even vending machines. Touted as an \"e-wallet for youths and millennials,\" it targeted young consumers, including those who do not have a bank account or a credit card.</p><p><blockquote>最初，Razer推出支付服务是为了让游戏玩家在线购买其游戏物品。然后，它通过在便利店甚至自动售货机等线下商家安装它来扩展针对非游戏玩家的服务。它被吹捧为“年轻人和千禧一代的电子钱包”，目标客户是年轻消费者，包括那些没有银行账户或信用卡的人。</blockquote></p><p> But competition in the field only intensified. Like Razer, many tech companies entered the e-wallet space as an extension of their existing business, such as ride-hailing, hoping to tap the region's nascent payment market. Malaysia alone, for example, had 53 providers as of October last year, of which 47 were not banks, according to a report by S&amp;P Global.</p><p><blockquote>但该领域的竞争只会加剧。与雷蛇一样，许多科技公司进入电子钱包领域，作为其现有业务（例如网约车）的延伸，希望利用该地区新兴的支付市场。例如，根据S&amp;P Global的一份报告，截至去年10月，仅马来西亚就有53家提供商，其中47家不是银行。</blockquote></p><p> The biggest e-wallet operators in Southeast Asia include Singapore's Grab and Indonesia's Gojek. They have been aggressively expanding GrabPay and GoPay as the core of their \"superapp\" strategies. There are also well-funded local champions such as Vietnam's MoMo. Traditional banks, like DBS Group Holdings, also have a strong presence.</p><p><blockquote>东南亚最大的电子钱包运营商包括新加坡的Grab和印度尼西亚的Gojek。他们一直在积极扩展GrabPay和GoPay，作为其“超级应用”战略的核心。还有资金雄厚的本土冠军企业，如越南的陌陌。星展集团控股等传统银行也拥有强大的影响力。</blockquote></p><p> Notably, Singapore's e-commerce giant Sea has dramatically increased its e-wallet presence over the past year as the COVID-19 pandemic accelerated digitalization. It spent as much as $166 million on marketing its digital finance business during the April-June quarter, such as cash-back campaigns, resulting in a quarterly&nbsp;operating loss of $159 million for that&nbsp;business.</p><p><blockquote>值得注意的是，随着COVID-19大流行加速数字化，新加坡电子商务巨头Sea在过去一年中大幅增加了其电子钱包业务。该公司在4月至6月季度期间花费了高达1.66亿美元用于营销其数字金融业务，例如现金返还活动，导致该业务季度运营亏损1.59亿美元。</blockquote></p><p> \"For a platform that primarily centers on gaming, convincing both existing Razer users and, more importantly, new users to use Razer Pay would have been incredibly challenging and expensive, especially as gaming doesn't naturally tie into spending money, say, in a convenience store or buying groceries online,\" said Zennon Kapron, director at financial research company Kapronasia in Singapore.</p><p><blockquote>“对于一个主要以游戏为中心的平台来说，说服现有Razer用户，更重要的是，说服新用户使用Razer Pay将是非常具有挑战性和昂贵的，特别是因为游戏并不自然地与花钱挂钩，比如在便利店或在线购买杂货，”新加坡金融研究公司Kapronasia总监Zennon Kapron表示。</blockquote></p><p> \"Razer seems to have come to the realization that continuing to grow the e-wallet business would have been both incredibly expensive and a continuing distraction to their core business of gaming.\"</p><p><blockquote>“雷蛇似乎已经意识到，继续发展电子钱包业务不仅成本高昂，而且会持续分散其核心游戏业务的注意力。”</blockquote></p><p> Indeed, Razer appears to be much more focused on its core gaming business, which has steadily grown throughout the pandemic. On Wednesday, the Hong Kong-listed company reported a net profit of $33.9 million for the six months through June, compared with a $17.3 million net loss a year earlier.</p><p><blockquote>事实上，雷蛇似乎更加专注于其核心游戏业务，该业务在整个大流行期间稳步增长。周三，这家在香港上市的公司公布截至6月份的六个月净利润为3390万美元，而去年同期净亏损为1730万美元。</blockquote></p><p> Meanwhile, the focus of Southeast Asia's e-wallet battle is shifting to the next phase. E-wallet operators hope to add other services such as online lending and microinsurance to scale their fintech businesses. Sea, for example, acquired a bank in Indonesia to provide digital banking services in the country.</p><p><blockquote>与此同时，东南亚电子钱包大战的焦点正在转移到下一阶段。电子钱包运营商希望增加在线贷款和小额保险等其他服务，以扩大其金融科技业务。例如，Sea收购了印度尼西亚的一家银行，在该国提供数字银行服务。</blockquote></p><p> Razer had also eyed that direction. It applied for a digital banking license in Singapore. \"We know in the long run&nbsp;a wallet by itself, just as a payment, is something that's very difficult to make money [with] because there's competition not just in a country but regionally with the bigger players,\" Lee told Nikkei Asia in an interview in early 2020.</p><p><blockquote>雷蛇也看向了那个方向。它在新加坡申请了数字银行牌照。李在接受《日经亚洲》采访时表示：“我们知道，从长远来看，钱包本身，就像一种支付方式一样，很难赚钱，因为不仅在一个国家，而且在地区范围内都存在与更大参与者的竞争。”2020年初的一次采访。</blockquote></p><p></p><p> But Razer lost in the digital bank bidding to Sea and Grab, which might have made the company rethink its consumer fintech strategy.</p><p><blockquote>但Razer在数字银行竞购中输给了Sea和Grab，这可能会让该公司重新思考其消费者金融科技战略。</blockquote></p><p> With Razer heading for the exit, the pressure is growing for other e-wallet players.</p><p><blockquote>随着雷蛇走向退出，其他电子钱包玩家的压力也越来越大。</blockquote></p><p> \"Losses appear to be mounting for technology firms,\" an analyst at S&amp;P Global said in the report, pointing out that revenues from payment services are limited. \"The e-money market could see consolidation, and the tech firms are likely to seek mergers or close collaborations.\"</p><p><blockquote>标准普尔全球分析师在报告中表示：“科技公司的损失似乎正在增加。”他指出，支付服务的收入有限。“电子货币市场可能会出现整合，科技公司可能会寻求合并或密切合作。”</blockquote></p><p> Kapron pointed out that a unique value proposition is critical for an e-wallet. \"The e-wallet space in ASEAN won't be won necessarily by size, but by ecosystem,\" he said, noting that Tencent Holdings' WeChat Pay in China is successful because millions of Chinese use the app not just to pay for things but also to chat with friends and be entertained.</p><p><blockquote>Kapron指出，独特的价值主张对于电子钱包至关重要。他表示：“东盟的电子钱包空间不一定取决于规模，而是取决于生态系统。”他指出，腾讯控股控股在中国的微信支付之所以成功，是因为数百万中国人使用该应用程序不仅是为了支付东西，也是为了与朋友聊天和娱乐。</blockquote></p><p> \"The ASEAN wallet that is able to provide a similar sticky value proposition that encourages users to use the platform on a daily basis will be the winner,\" Kapron said.</p><p><blockquote>Kapron表示：“能够提供类似粘性价值主张、鼓励用户每天使用该平台的东盟钱包将成为赢家。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Razer gives up costly ASEAN e-wallet battle<blockquote>新加坡雷蛇放弃代价高昂的东盟电子钱包之战</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nikkei Asia</strong><span class=\"h-time small\">2021-08-26 16:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>More consolidation expected as big players invest heavily in user acquisition</p><p><blockquote>随着大型企业大力投资用户获取，预计将出现更多整合</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/457780c99df63262b95067e8507daa9b\" tg-width=\"1400\" tg-height=\"787\" width=\"100%\" height=\"auto\"><span>Razer Pay will be shut down at the end of September as e-wallet competition heats up in Southeast Asia.</span></p><p><blockquote><p class=\"t-img-caption\"><span>随着东南亚电子钱包竞争的升温，Razer Pay将于9月底关闭。</span></p></blockquote></p><p> SINGAPORE -- The high-cost battle to capture Southeast Asia's growing e-wallet market has claimed a major casualty, with Singaporean startup Razer announcing it will shut down a business that had over 1 million users.</p><p><blockquote>新加坡——占领东南亚不断增长的电子钱包市场的高成本战斗造成了重大伤亡，新加坡初创公司Razer宣布将关闭一家拥有超过100万用户的业务。</blockquote></p><p> Razer, primarily a gaming hardware maker, will stop its Razer Pay e-wallet at the end of September. The withdrawal could make other tech companies rethink their e-wallet strategy and pave the way for industry consolidation.</p><p><blockquote>主要是游戏硬件制造商Razer将于9月底停止其Razer Pay电子钱包。此次退出可能会让其他科技公司重新思考其电子钱包战略，并为行业整合铺平道路。</blockquote></p><p> \"The app will no longer be available from October 1, 2021 onwards,\" Razer said in a notice on its website, instructing account holders to withdraw their balance. Payments will only be accepted until the end of this month, and new sign-ups are no longer allowed.</p><p><blockquote>Razer在其网站上的一份通知中表示：“从2021年10月1日起，该应用程序将不再可用。”并指示账户持有人提取余额。付款只接受到本月底，不再允许新注册。</blockquote></p><p> Razer's e-wallet shutdown comes as the high costs of customer acquisition weigh on operators. The company explained it will narrow its focus to&nbsp;business-to-business&nbsp;digital payments, in which it provides payment processing services for merchants.</p><p><blockquote>Razer关闭电子钱包之际，高昂的客户获取成本给运营商带来了压力。该公司解释说，它将把重点缩小到企业对企业数字支付，为商家提供支付处理服务。</blockquote></p><p> \"We took the view that&nbsp;if you have capital -- not unlimited -- and if you want to invest in certain areas, it was the decision that the B2B business has the opportunity,\" said Lee Li Meng, Razer's chief strategy officer and head of its fintech unit. He told reporters on Wednesday that the e-wallet business involves a lot of user acquisition costs, \"especially in Southeast Asia.\"</p><p><blockquote>Razer首席战略官兼金融科技部门负责人Lee Li Meng表示：“我们认为，如果你有资本——不是无限的——并且你想在某些领域投资，那么B2B业务就有机会。”他周三对记者表示，电子钱包业务涉及大量用户获取成本，“尤其是在东南亚地区。”</blockquote></p><p> Razer Pay was launched first in Malaysia in July 2018 and then Singapore in March 2019, acquiring about 1.1 million users in total.</p><p><blockquote>Razer Pay于2018年7月首先在马来西亚推出，然后于2019年3月在新加坡推出，总共获得了约110万用户。</blockquote></p><p> Originally, Razer started the payment service to allow gamers to buy its gaming items online. Then it expanded the service for nongamers by installing it at offline merchants such as convenience stores and even vending machines. Touted as an \"e-wallet for youths and millennials,\" it targeted young consumers, including those who do not have a bank account or a credit card.</p><p><blockquote>最初，Razer推出支付服务是为了让游戏玩家在线购买其游戏物品。然后，它通过在便利店甚至自动售货机等线下商家安装它来扩展针对非游戏玩家的服务。它被吹捧为“年轻人和千禧一代的电子钱包”，目标客户是年轻消费者，包括那些没有银行账户或信用卡的人。</blockquote></p><p> But competition in the field only intensified. Like Razer, many tech companies entered the e-wallet space as an extension of their existing business, such as ride-hailing, hoping to tap the region's nascent payment market. Malaysia alone, for example, had 53 providers as of October last year, of which 47 were not banks, according to a report by S&amp;P Global.</p><p><blockquote>但该领域的竞争只会加剧。与雷蛇一样，许多科技公司进入电子钱包领域，作为其现有业务（例如网约车）的延伸，希望利用该地区新兴的支付市场。例如，根据S&amp;P Global的一份报告，截至去年10月，仅马来西亚就有53家提供商，其中47家不是银行。</blockquote></p><p> The biggest e-wallet operators in Southeast Asia include Singapore's Grab and Indonesia's Gojek. They have been aggressively expanding GrabPay and GoPay as the core of their \"superapp\" strategies. There are also well-funded local champions such as Vietnam's MoMo. Traditional banks, like DBS Group Holdings, also have a strong presence.</p><p><blockquote>东南亚最大的电子钱包运营商包括新加坡的Grab和印度尼西亚的Gojek。他们一直在积极扩展GrabPay和GoPay，作为其“超级应用”战略的核心。还有资金雄厚的本土冠军企业，如越南的陌陌。星展集团控股等传统银行也拥有强大的影响力。</blockquote></p><p> Notably, Singapore's e-commerce giant Sea has dramatically increased its e-wallet presence over the past year as the COVID-19 pandemic accelerated digitalization. It spent as much as $166 million on marketing its digital finance business during the April-June quarter, such as cash-back campaigns, resulting in a quarterly&nbsp;operating loss of $159 million for that&nbsp;business.</p><p><blockquote>值得注意的是，随着COVID-19大流行加速数字化，新加坡电子商务巨头Sea在过去一年中大幅增加了其电子钱包业务。该公司在4月至6月季度期间花费了高达1.66亿美元用于营销其数字金融业务，例如现金返还活动，导致该业务季度运营亏损1.59亿美元。</blockquote></p><p> \"For a platform that primarily centers on gaming, convincing both existing Razer users and, more importantly, new users to use Razer Pay would have been incredibly challenging and expensive, especially as gaming doesn't naturally tie into spending money, say, in a convenience store or buying groceries online,\" said Zennon Kapron, director at financial research company Kapronasia in Singapore.</p><p><blockquote>“对于一个主要以游戏为中心的平台来说，说服现有Razer用户，更重要的是，说服新用户使用Razer Pay将是非常具有挑战性和昂贵的，特别是因为游戏并不自然地与花钱挂钩，比如在便利店或在线购买杂货，”新加坡金融研究公司Kapronasia总监Zennon Kapron表示。</blockquote></p><p> \"Razer seems to have come to the realization that continuing to grow the e-wallet business would have been both incredibly expensive and a continuing distraction to their core business of gaming.\"</p><p><blockquote>“雷蛇似乎已经意识到，继续发展电子钱包业务不仅成本高昂，而且会持续分散其核心游戏业务的注意力。”</blockquote></p><p> Indeed, Razer appears to be much more focused on its core gaming business, which has steadily grown throughout the pandemic. On Wednesday, the Hong Kong-listed company reported a net profit of $33.9 million for the six months through June, compared with a $17.3 million net loss a year earlier.</p><p><blockquote>事实上，雷蛇似乎更加专注于其核心游戏业务，该业务在整个大流行期间稳步增长。周三，这家在香港上市的公司公布截至6月份的六个月净利润为3390万美元，而去年同期净亏损为1730万美元。</blockquote></p><p> Meanwhile, the focus of Southeast Asia's e-wallet battle is shifting to the next phase. E-wallet operators hope to add other services such as online lending and microinsurance to scale their fintech businesses. Sea, for example, acquired a bank in Indonesia to provide digital banking services in the country.</p><p><blockquote>与此同时，东南亚电子钱包大战的焦点正在转移到下一阶段。电子钱包运营商希望增加在线贷款和小额保险等其他服务，以扩大其金融科技业务。例如，Sea收购了印度尼西亚的一家银行，在该国提供数字银行服务。</blockquote></p><p> Razer had also eyed that direction. It applied for a digital banking license in Singapore. \"We know in the long run&nbsp;a wallet by itself, just as a payment, is something that's very difficult to make money [with] because there's competition not just in a country but regionally with the bigger players,\" Lee told Nikkei Asia in an interview in early 2020.</p><p><blockquote>雷蛇也看向了那个方向。它在新加坡申请了数字银行牌照。李在接受《日经亚洲》采访时表示：“我们知道，从长远来看，钱包本身，就像一种支付方式一样，很难赚钱，因为不仅在一个国家，而且在地区范围内都存在与更大参与者的竞争。”2020年初的一次采访。</blockquote></p><p></p><p> But Razer lost in the digital bank bidding to Sea and Grab, which might have made the company rethink its consumer fintech strategy.</p><p><blockquote>但Razer在数字银行竞购中输给了Sea和Grab，这可能会让该公司重新思考其消费者金融科技战略。</blockquote></p><p> With Razer heading for the exit, the pressure is growing for other e-wallet players.</p><p><blockquote>随着雷蛇走向退出，其他电子钱包玩家的压力也越来越大。</blockquote></p><p> \"Losses appear to be mounting for technology firms,\" an analyst at S&amp;P Global said in the report, pointing out that revenues from payment services are limited. \"The e-money market could see consolidation, and the tech firms are likely to seek mergers or close collaborations.\"</p><p><blockquote>标准普尔全球分析师在报告中表示：“科技公司的损失似乎正在增加。”他指出，支付服务的收入有限。“电子货币市场可能会出现整合，科技公司可能会寻求合并或密切合作。”</blockquote></p><p> Kapron pointed out that a unique value proposition is critical for an e-wallet. \"The e-wallet space in ASEAN won't be won necessarily by size, but by ecosystem,\" he said, noting that Tencent Holdings' WeChat Pay in China is successful because millions of Chinese use the app not just to pay for things but also to chat with friends and be entertained.</p><p><blockquote>Kapron指出，独特的价值主张对于电子钱包至关重要。他表示：“东盟的电子钱包空间不一定取决于规模，而是取决于生态系统。”他指出，腾讯控股控股在中国的微信支付之所以成功，是因为数百万中国人使用该应用程序不仅是为了支付东西，也是为了与朋友聊天和娱乐。</blockquote></p><p> \"The ASEAN wallet that is able to provide a similar sticky value proposition that encourages users to use the platform on a daily basis will be the winner,\" Kapron said.</p><p><blockquote>Kapron表示：“能够提供类似粘性价值主张、鼓励用户每天使用该平台的东盟钱包将成为赢家。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://asia.nikkei.com/Business/Startups/Singapore-s-Razer-gives-up-costly-ASEAN-e-wallet-battle\">Nikkei Asia</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://asia.nikkei.com/Business/Startups/Singapore-s-Razer-gives-up-costly-ASEAN-e-wallet-battle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193702821","content_text":"More consolidation expected as big players invest heavily in user acquisition\nRazer Pay will be shut down at the end of September as e-wallet competition heats up in Southeast Asia.\nSINGAPORE -- The high-cost battle to capture Southeast Asia's growing e-wallet market has claimed a major casualty, with Singaporean startup Razer announcing it will shut down a business that had over 1 million users.\nRazer, primarily a gaming hardware maker, will stop its Razer Pay e-wallet at the end of September. The withdrawal could make other tech companies rethink their e-wallet strategy and pave the way for industry consolidation.\n\"The app will no longer be available from October 1, 2021 onwards,\" Razer said in a notice on its website, instructing account holders to withdraw their balance. Payments will only be accepted until the end of this month, and new sign-ups are no longer allowed.\nRazer's e-wallet shutdown comes as the high costs of customer acquisition weigh on operators. The company explained it will narrow its focus to business-to-business digital payments, in which it provides payment processing services for merchants.\n\"We took the view that if you have capital -- not unlimited -- and if you want to invest in certain areas, it was the decision that the B2B business has the opportunity,\" said Lee Li Meng, Razer's chief strategy officer and head of its fintech unit. He told reporters on Wednesday that the e-wallet business involves a lot of user acquisition costs, \"especially in Southeast Asia.\"\nRazer Pay was launched first in Malaysia in July 2018 and then Singapore in March 2019, acquiring about 1.1 million users in total.\nOriginally, Razer started the payment service to allow gamers to buy its gaming items online. Then it expanded the service for nongamers by installing it at offline merchants such as convenience stores and even vending machines. Touted as an \"e-wallet for youths and millennials,\" it targeted young consumers, including those who do not have a bank account or a credit card.\nBut competition in the field only intensified. Like Razer, many tech companies entered the e-wallet space as an extension of their existing business, such as ride-hailing, hoping to tap the region's nascent payment market. Malaysia alone, for example, had 53 providers as of October last year, of which 47 were not banks, according to a report by S&P Global.\nThe biggest e-wallet operators in Southeast Asia include Singapore's Grab and Indonesia's Gojek. They have been aggressively expanding GrabPay and GoPay as the core of their \"superapp\" strategies. There are also well-funded local champions such as Vietnam's MoMo. Traditional banks, like DBS Group Holdings, also have a strong presence.\nNotably, Singapore's e-commerce giant Sea has dramatically increased its e-wallet presence over the past year as the COVID-19 pandemic accelerated digitalization. It spent as much as $166 million on marketing its digital finance business during the April-June quarter, such as cash-back campaigns, resulting in a quarterly operating loss of $159 million for that business.\n\"For a platform that primarily centers on gaming, convincing both existing Razer users and, more importantly, new users to use Razer Pay would have been incredibly challenging and expensive, especially as gaming doesn't naturally tie into spending money, say, in a convenience store or buying groceries online,\" said Zennon Kapron, director at financial research company Kapronasia in Singapore.\n\"Razer seems to have come to the realization that continuing to grow the e-wallet business would have been both incredibly expensive and a continuing distraction to their core business of gaming.\"\nIndeed, Razer appears to be much more focused on its core gaming business, which has steadily grown throughout the pandemic. On Wednesday, the Hong Kong-listed company reported a net profit of $33.9 million for the six months through June, compared with a $17.3 million net loss a year earlier.\nMeanwhile, the focus of Southeast Asia's e-wallet battle is shifting to the next phase. E-wallet operators hope to add other services such as online lending and microinsurance to scale their fintech businesses. Sea, for example, acquired a bank in Indonesia to provide digital banking services in the country.\nRazer had also eyed that direction. It applied for a digital banking license in Singapore. \"We know in the long run a wallet by itself, just as a payment, is something that's very difficult to make money [with] because there's competition not just in a country but regionally with the bigger players,\" Lee told Nikkei Asia in an interview in early 2020.\nBut Razer lost in the digital bank bidding to Sea and Grab, which might have made the company rethink its consumer fintech strategy.\nWith Razer heading for the exit, the pressure is growing for other e-wallet players.\n\"Losses appear to be mounting for technology firms,\" an analyst at S&P Global said in the report, pointing out that revenues from payment services are limited. \"The e-money market could see consolidation, and the tech firms are likely to seek mergers or close collaborations.\"\nKapron pointed out that a unique value proposition is critical for an e-wallet. \"The e-wallet space in ASEAN won't be won necessarily by size, but by ecosystem,\" he said, noting that Tencent Holdings' WeChat Pay in China is successful because millions of Chinese use the app not just to pay for things but also to chat with friends and be entertained.\n\"The ASEAN wallet that is able to provide a similar sticky value proposition that encourages users to use the platform on a daily basis will be the winner,\" Kapron said.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125600565,"gmtCreate":1624669913457,"gmtModify":1633949864385,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"It is still a subscriber story, right? Your number of subscriber is only accurate for a month due to monthly&nbsp;subscription package. Next month, people can hop over to another provider","listText":"It is still a subscriber story, right? Your number of subscriber is only accurate for a month due to monthly&nbsp;subscription package. Next month, people can hop over to another provider","text":"It is still a subscriber story, right? Your number of subscriber is only accurate for a month due to monthly subscription package. Next month, people can hop over to another provider","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/125600565","repostId":"2146026425","repostType":4,"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182683349,"gmtCreate":1623568764281,"gmtModify":1634031550892,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"I request new word to be created. The 'Meme-vestor'.","listText":"I request new word to be created. The 'Meme-vestor'.","text":"I request new word to be created. The 'Meme-vestor'.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/182683349","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法，不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</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\">\nInvestor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-12 11:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>关于金融最基本的区别之一，《华尔街日报》是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你购买一只股票纯粹是因为它上涨了很多，而没有对其进行任何研究，那么你就不是——正如《华尔街日报》及其编辑奇怪地坚持这样称呼你的那样——“投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产是因为你有一个只是为了好玩，或者因为某个名人正在大肆宣传它，而其他人似乎也在购买它，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是一个交易者：刚刚购买了一项资产的人。你可能是一个投机者：认为其他人会比你付出更多的钱。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买像GameStopCorp.GME 5.88%这样的模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在做空股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币的工作原理以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值的增长。投机者依赖外部回报来源：主要是其他人是否会支付更多，而不考虑基本价值。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者这个词来自拉丁语“investire”，意思是穿着或打扮自己，包围或包围。你永远不会在不知道衣服是什么颜色或由什么材料制成的情况下穿衣服。同样，你不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>然而，《华尔街日报》及其编辑长期以来一直将几乎所有购买任何东西的人称为“投资者”。1962年7月12日，《华尔街日报》发表了经典著作《证券分析》和《聪明的投资者》的作者本杰明·格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年6月，《华尔街日报》发表了一篇文章，标题是“许多小投资者押注进一步下跌，卖空零星股票”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道：“根据‘投资’的什么定义，人们可以给那些通过卖空零头在股市上下注的小人物起‘投资者’这个名字呢？”（做空奇数手就是借入并卖出少于100股的股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“如果这些人是投资者，”格雷厄姆问道，“我们应该如何定义‘投机’和‘投机者’？难道目前未能区分投资和投机的做法，不仅会对个人，而且会对整个金融界造成严重伤害吗——就像20世纪20年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个认为市场应该是富人专属游乐场的势利小人。他写了《聪明的投资者》，明确的目的是帮助不太富裕的人明智地参与股市。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书（本专栏就是以其命名的）中说：“彻头彻尾的投机既不违法、不道德，也（对大多数人来说）不会让钱包发胖。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三种危险：“（1）当你认为自己在投资时进行投机；（2）当你缺乏适当的知识和技能时，认真地投机而不是作为一种消遣；以及（3）冒更多钱的风险投机超出了你的承受能力。”</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为你在投机时是在投资，你会将哪怕是短暂的成功归因于技能，即使运气是最可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成一种痴迷和上瘾。你变得无法接受你的损失，也无法关注未来超过几分钟。接下来你知道的是，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，将交易者和投机者称为“投资者”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失的滑坡。我热切地希望《华尔街日报》及其编辑最终不再使用“投资者”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“‘投资者’在英语中作为一个包罗万象的术语有着悠久的历史，指的是那些投入资本并期望回报的人，无论时间长短，无论他们阅读的投资专栏有多少，”《华尔街日报》财经编辑查尔斯·福雷尔在回应我的投诉时说道。“至少可以追溯到19世纪中叶，‘投资’甚至被用来描述赌马——这种活动与基本面分析的脱节程度肯定不亚于购买狗狗币。”</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是认为你错了。《华尔街日报》不可能仅仅因为字典上说我们可以，就说一个休闲赌徒在赛马场“投资”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为“投资者”是营销人员助长过度交易的最有力方式之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的Instagram帖子中，一位名叫拉娜·罗迪斯(Lana Rhoades)的前色情明星穿着——嗯，大部分是穿着——比基尼，举着似乎是格雷厄姆的《聪明的投资者》。据IMDb.com报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>在她被近180万人“点赞”的帖子中，罗迪斯宣布她将推广一种名为PAWGCoin的加密货币。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为“那些向发达的后躯致敬的人”准备的。（我得到可靠消息，PAWG代表胖屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站Poocoin.io称，自Rhoades女士6月初开始推广PAWGcoin以来，PAWGcoin已上涨约900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗迪斯女士在推特上写道“我每天早上也阅读《华尔街日报》”，但记者无法联系到她置评。PAWGcoin的网站鼓励访问者“立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗迪斯的Instagram帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":823,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575141057639271","authorId":"3575141057639271","name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3575141057639271","idStr":"3575141057639271"},"content":"Yes one who does not listen to their lies snd deceptions. 💎💎💎✊🏿","text":"Yes one who does not listen to their lies snd deceptions. 💎💎💎✊🏿","html":"Yes one who does not listen to their lies snd deceptions. 💎💎💎✊🏿"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181899096,"gmtCreate":1623382677915,"gmtModify":1631884220442,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"If you really want to buy speculative stocks. Just think of it as gambling.&nbsp;","listText":"If you really want to buy speculative stocks. Just think of it as gambling.&nbsp;","text":"If you really want to buy speculative stocks. Just think of it as gambling.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/181899096","repostId":"2142221222","repostType":4,"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":865734085,"gmtCreate":1633017287995,"gmtModify":1633017288745,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"I didn't really like EA customer support and BF3 and BF4. I came to comment here for Nvidia lol. May it be the next Tesla.","listText":"I didn't really like EA customer support and BF3 and BF4. I came to comment here for Nvidia lol. May it be the next Tesla.","text":"I didn't really like EA customer support and BF3 and BF4. I came to comment here for Nvidia lol. May it be the next Tesla.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/865734085","repostId":"1164201267","repostType":4,"repost":{"id":"1164201267","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":1633014015,"share":"https://www.laohu8.com/m/news/1164201267?lang=zh_CN&edition=full","pubTime":"2021-09-30 23:00","market":"us","language":"en","title":"Electronic Arts shares rose 3.5% in morning trading<blockquote>艺电股价早盘上涨3.5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164201267","media":"Tiger Newspress","summary":"Electronic Arts shares rose 3.5% in morning trading as Nvidia partnered with Electronic Arts to brin","content":"<p>Electronic Arts shares rose&nbsp;3.5% in morning trading&nbsp;as&nbsp;Nvidia partnered with Electronic Arts to bring hit games to GeForce NOW.</p><p><blockquote>电子艺界股价在早盘交易中上涨3。英伟达与电子艺界合作，将热门游戏引入GeForce NOW。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1baf3cdeacc7e781677b507d24e9ea09\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> NVIDIA today announced that Electronic Arts is bringing more of its hit games to the NVIDIA®<u>GeForce NOW</u>™ cloud gaming service, beginning with<i>Battlefield™ 1 Revolution, Mirror's Edge™ Catalyst, Unravel™Two, Dragon Age™: Inquisition</i>and<i>Apex Legends™</i>.</p><p><blockquote>NVIDIA今天宣布Electronic Arts将为NVIDIA带来更多热门游戏®<u>GeForce NOW</u>™云游戏服务，开始于<i>战场™1转，镜子边缘™催化剂，解开™二、龙腾世纪™宗教裁判所</i>和<i>Apex传奇™</i>.</blockquote></p><p> GeForce NOW membership has more than doubled in the last year, giving Electronic Arts access to more than 12 million gamers. Collectively, over 20 million hours of gameplay are streamed each month via GeForce NOW, from 30 data centers in more than 70 countries.</p><p><blockquote>GeForce NOW会员在去年增加了一倍多，使艺电能够接触到超过1200万游戏玩家。总的来说，每月通过GeForce NOW从70多个国家的30个数据中心传输超过2000万小时的游戏。</blockquote></p><p> “GeForce NOW expands the reach of the GeForce PC gaming experience to reach millions of underserved gamers on new devices and in new regions,” said Jeff Fisher, senior vice president of the GeForce business at NVIDIA. “It’s an opportunity for Electronic Arts to get some of their most beloved franchises into the hands of a rapidly growing global audience instantly.”</p><p><blockquote>NVIDIA GeForce业务高级副总裁Jeff Fisher表示：“GeForce现在扩大了GeForce PC游戏体验的覆盖范围，覆盖新设备和新地区数百万服务不足的游戏玩家。”“对于艺电来说，这是一个机会，可以将他们最喜爱的一些特许经营权立即交到快速增长的全球观众手中。”</blockquote></p><p> <b>The Cloud Catalyst to EA’s Next MassiveAudience</b></p><p><blockquote><b>EA下一个大规模受众的云催化剂</b></blockquote></p><p> GeForce NOW allows Electronic Arts games to be played with legendary GeForce® performance by gamers who may not have a gaming PC— that includes more than 1 billion underpowered PCs and incompatible devices, like phones, tablets and Chromebooks. Nearly 80 percent of the devices that currently access GeForce NOW would not otherwise be capable of playing the latest PC games.</p><p><blockquote>GeForce现在允许使用传奇GeForce玩Electronic Arts游戏®可能没有游戏PC的游戏玩家的性能——包括超过10亿台动力不足的PC和不兼容的设备，如手机、平板电脑和Chromebooks。目前访问GeForce NOW的近80%的设备将无法玩最新的PC游戏。</blockquote></p><p> GeForce NOW is connected to the most popular game stores — including Steam and Epic Games Store — a win-win for developers and gamers. No additional development work or porting is required of developers, while gamers get access to hit titles from their library without having to purchase the games again, or having to deal with hefty downloads, patches and updates. Electronic Arts games can be added quickly to GeForce NOW through regular “<u>GFN Thursday</u>” releases.</p><p><blockquote>GeForce NOW连接到最受欢迎的游戏商店，包括Steam和Epic Games Store，这对开发者和游戏玩家来说是双赢的。开发人员不需要额外的开发工作或移植，而游戏玩家可以从他们的库中访问热门游戏，而不必再次购买游戏，也不必处理大量的下载、补丁和更新。Electronic Arts游戏现在可以通过常规“<u>GFN星期四</u>“释放。</blockquote></p><p> <b>Stream It Now</b></p><p><blockquote><b>立即播放</b></blockquote></p><p> Five games from some of Electronic Arts’ most popular franchises are available on GeForce NOW, starting today. Members can stream&nbsp;<i>Battlefield 1 Revolution</i>&nbsp;to experience immersive untold stories of World War I; become a heroic leader and restore order against agents of chaos in&nbsp;<i>Dragon Age: Inquisition</i>; solve puzzles with the family-friendly&nbsp;<i>Unravel Two</i>; or dive into a fast-paced, free-running adventure with&nbsp;<i>Mirror’s Edge Catalyst</i>.</p><p><blockquote>从今天开始，Electronic Arts一些最受欢迎的系列中的五款游戏现已在GeForce NOW上发售。会员可以流式传输<i>战地1革命</i>体验身临其境的第一次世界大战不为人知的故事；成为英雄领袖，恢复秩序对抗混乱的代理人<i>龙腾世纪：宗教裁判所</i>;与家庭友好型一起解决难题<i>解开两个</i>;或者投入快节奏、自由奔跑的冒险<i>镜子边缘催化剂</i>.</blockquote></p><p> These additions from Electronic Arts joinoneof the most-played games on GeForce NOW,<i>Apex Legends</i>. The high-speed hero shooter has already been streamed by more than 1 million members.</p><p><blockquote>Electronic Arts的这些新增功能是GeForce NOW上最受欢迎的游戏之一，<i>Apex传奇</i>.这款高速英雄射击游戏已经有超过100万会员观看。</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>Electronic Arts shares rose 3.5% in morning trading<blockquote>艺电股价早盘上涨3.5%</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\">\nElectronic Arts shares rose 3.5% in morning trading<blockquote>艺电股价早盘上涨3.5%</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\">2021-09-30 23:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Electronic Arts shares rose&nbsp;3.5% in morning trading&nbsp;as&nbsp;Nvidia partnered with Electronic Arts to bring hit games to GeForce NOW.</p><p><blockquote>电子艺界股价在早盘交易中上涨3。英伟达与电子艺界合作，将热门游戏引入GeForce NOW。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1baf3cdeacc7e781677b507d24e9ea09\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> NVIDIA today announced that Electronic Arts is bringing more of its hit games to the NVIDIA®<u>GeForce NOW</u>™ cloud gaming service, beginning with<i>Battlefield™ 1 Revolution, Mirror's Edge™ Catalyst, Unravel™Two, Dragon Age™: Inquisition</i>and<i>Apex Legends™</i>.</p><p><blockquote>NVIDIA今天宣布Electronic Arts将为NVIDIA带来更多热门游戏®<u>GeForce NOW</u>™云游戏服务，开始于<i>战场™1转，镜子边缘™催化剂，解开™二、龙腾世纪™宗教裁判所</i>和<i>Apex传奇™</i>.</blockquote></p><p> GeForce NOW membership has more than doubled in the last year, giving Electronic Arts access to more than 12 million gamers. Collectively, over 20 million hours of gameplay are streamed each month via GeForce NOW, from 30 data centers in more than 70 countries.</p><p><blockquote>GeForce NOW会员在去年增加了一倍多，使艺电能够接触到超过1200万游戏玩家。总的来说，每月通过GeForce NOW从70多个国家的30个数据中心传输超过2000万小时的游戏。</blockquote></p><p> “GeForce NOW expands the reach of the GeForce PC gaming experience to reach millions of underserved gamers on new devices and in new regions,” said Jeff Fisher, senior vice president of the GeForce business at NVIDIA. “It’s an opportunity for Electronic Arts to get some of their most beloved franchises into the hands of a rapidly growing global audience instantly.”</p><p><blockquote>NVIDIA GeForce业务高级副总裁Jeff Fisher表示：“GeForce现在扩大了GeForce PC游戏体验的覆盖范围，覆盖新设备和新地区数百万服务不足的游戏玩家。”“对于艺电来说，这是一个机会，可以将他们最喜爱的一些特许经营权立即交到快速增长的全球观众手中。”</blockquote></p><p> <b>The Cloud Catalyst to EA’s Next MassiveAudience</b></p><p><blockquote><b>EA下一个大规模受众的云催化剂</b></blockquote></p><p> GeForce NOW allows Electronic Arts games to be played with legendary GeForce® performance by gamers who may not have a gaming PC— that includes more than 1 billion underpowered PCs and incompatible devices, like phones, tablets and Chromebooks. Nearly 80 percent of the devices that currently access GeForce NOW would not otherwise be capable of playing the latest PC games.</p><p><blockquote>GeForce现在允许使用传奇GeForce玩Electronic Arts游戏®可能没有游戏PC的游戏玩家的性能——包括超过10亿台动力不足的PC和不兼容的设备，如手机、平板电脑和Chromebooks。目前访问GeForce NOW的近80%的设备将无法玩最新的PC游戏。</blockquote></p><p> GeForce NOW is connected to the most popular game stores — including Steam and Epic Games Store — a win-win for developers and gamers. No additional development work or porting is required of developers, while gamers get access to hit titles from their library without having to purchase the games again, or having to deal with hefty downloads, patches and updates. Electronic Arts games can be added quickly to GeForce NOW through regular “<u>GFN Thursday</u>” releases.</p><p><blockquote>GeForce NOW连接到最受欢迎的游戏商店，包括Steam和Epic Games Store，这对开发者和游戏玩家来说是双赢的。开发人员不需要额外的开发工作或移植，而游戏玩家可以从他们的库中访问热门游戏，而不必再次购买游戏，也不必处理大量的下载、补丁和更新。Electronic Arts游戏现在可以通过常规“<u>GFN星期四</u>“释放。</blockquote></p><p> <b>Stream It Now</b></p><p><blockquote><b>立即播放</b></blockquote></p><p> Five games from some of Electronic Arts’ most popular franchises are available on GeForce NOW, starting today. Members can stream&nbsp;<i>Battlefield 1 Revolution</i>&nbsp;to experience immersive untold stories of World War I; become a heroic leader and restore order against agents of chaos in&nbsp;<i>Dragon Age: Inquisition</i>; solve puzzles with the family-friendly&nbsp;<i>Unravel Two</i>; or dive into a fast-paced, free-running adventure with&nbsp;<i>Mirror’s Edge Catalyst</i>.</p><p><blockquote>从今天开始，Electronic Arts一些最受欢迎的系列中的五款游戏现已在GeForce NOW上发售。会员可以流式传输<i>战地1革命</i>体验身临其境的第一次世界大战不为人知的故事；成为英雄领袖，恢复秩序对抗混乱的代理人<i>龙腾世纪：宗教裁判所</i>;与家庭友好型一起解决难题<i>解开两个</i>;或者投入快节奏、自由奔跑的冒险<i>镜子边缘催化剂</i>.</blockquote></p><p> These additions from Electronic Arts joinoneof the most-played games on GeForce NOW,<i>Apex Legends</i>. The high-speed hero shooter has already been streamed by more than 1 million members.</p><p><blockquote>Electronic Arts的这些新增功能是GeForce NOW上最受欢迎的游戏之一，<i>Apex传奇</i>.这款高速英雄射击游戏已经有超过100万会员观看。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EA":"艺电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164201267","content_text":"Electronic Arts shares rose 3.5% in morning trading as Nvidia partnered with Electronic Arts to bring hit games to GeForce NOW.\n\nNVIDIA today announced that Electronic Arts is bringing more of its hit games to the NVIDIA®GeForce NOW™ cloud gaming service, beginning withBattlefield™ 1 Revolution, Mirror's Edge™ Catalyst, Unravel™Two, Dragon Age™: InquisitionandApex Legends™.\nGeForce NOW membership has more than doubled in the last year, giving Electronic Arts access to more than 12 million gamers. Collectively, over 20 million hours of gameplay are streamed each month via GeForce NOW, from 30 data centers in more than 70 countries.\n“GeForce NOW expands the reach of the GeForce PC gaming experience to reach millions of underserved gamers on new devices and in new regions,” said Jeff Fisher, senior vice president of the GeForce business at NVIDIA. “It’s an opportunity for Electronic Arts to get some of their most beloved franchises into the hands of a rapidly growing global audience instantly.”\nThe Cloud Catalyst to EA’s Next MassiveAudience\nGeForce NOW allows Electronic Arts games to be played with legendary GeForce® performance by gamers who may not have a gaming PC— that includes more than 1 billion underpowered PCs and incompatible devices, like phones, tablets and Chromebooks. Nearly 80 percent of the devices that currently access GeForce NOW would not otherwise be capable of playing the latest PC games.\nGeForce NOW is connected to the most popular game stores — including Steam and Epic Games Store — a win-win for developers and gamers. No additional development work or porting is required of developers, while gamers get access to hit titles from their library without having to purchase the games again, or having to deal with hefty downloads, patches and updates. Electronic Arts games can be added quickly to GeForce NOW through regular “GFN Thursday” releases.\nStream It Now\nFive games from some of Electronic Arts’ most popular franchises are available on GeForce NOW, starting today. Members can stream Battlefield 1 Revolution to experience immersive untold stories of World War I; become a heroic leader and restore order against agents of chaos in Dragon Age: Inquisition; solve puzzles with the family-friendly Unravel Two; or dive into a fast-paced, free-running adventure with Mirror’s Edge Catalyst.\nThese additions from Electronic Arts joinoneof the most-played games on GeForce NOW,Apex Legends. The high-speed hero shooter has already been streamed by more than 1 million members.","news_type":1,"symbols_score_info":{"EA":0.9}},"isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":813731996,"gmtCreate":1630244889915,"gmtModify":1704957406779,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Impression of this news sounds like some scandal.","listText":"Impression of this news sounds like some scandal.","text":"Impression of this news sounds like some scandal.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813731996","repostId":"2163079604","repostType":4,"isVote":1,"tweetType":1,"viewCount":795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813144647,"gmtCreate":1630159985189,"gmtModify":1704956631005,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"I wonder when will the etf ipo","listText":"I wonder when will the etf ipo","text":"I wonder when will the etf ipo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/813144647","repostId":"2162733980","repostType":2,"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805753780,"gmtCreate":1627909018140,"gmtModify":1633755407658,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"I think every month is also surprising. Since when anyone knows where the market is going up or down? It's only going right.","listText":"I think every month is also surprising. Since when anyone knows where the market is going up or down? It's only going right.","text":"I think every month is also surprising. Since when anyone knows where the market is going up or down? It's only going right.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805753780","repostId":"1172320411","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179239837,"gmtCreate":1626530202129,"gmtModify":1633926029655,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>dropped from 839 wow. Profit taking before stock split?","listText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>dropped from 839 wow. Profit taking before stock split?","text":"$NVIDIA Corp(NVDA)$dropped from 839 wow. Profit taking before stock split?","images":[{"img":"https://static.tigerbbs.com/4dd55873f2dc035b9350600b474eca03","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/179239837","isVote":1,"tweetType":1,"viewCount":817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163289067,"gmtCreate":1623886121359,"gmtModify":1634026556184,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Everyone else's wish","listText":"Everyone else's wish","text":"Everyone else's wish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/163289067","repostId":"1148768572","repostType":2,"repost":{"id":"1148768572","kind":"news","pubTimestamp":1623822306,"share":"https://www.laohu8.com/m/news/1148768572?lang=zh_CN&edition=full","pubTime":"2021-06-16 13:45","market":"us","language":"en","title":"Wish Stock: Patient Investors Could Soon See $20 Again<blockquote>Wish股票：耐心的投资者很快就会再次看到20美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148768572","media":"seekingalpha","summary":"Summary\n\nWish (ContextLogic) remains one of the most underappreciated assets within e-commerce tradi","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Wish (ContextLogic) remains one of the most underappreciated assets within e-commerce trading at just 1.3x forward EV to Sales.</li>  <li>Wish's latest partnership with PrestaShop will further accelerate international expansion and growth initiatives.</li>  <li>While accurate data regarding its short interest is difficult to find as most of its float is still locked up, I estimate a short interest between 30-40%.</li>  <li>I believe bear arguments including high marketing spend and stalling user numbers are already baked in the current share price.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/983667978a1675a8b256d7b0478a876c\" tg-width=\"1536\" tg-height=\"934\" referrerpolicy=\"no-referrer\"><span>JuSun/iStock via Getty Images</span></p><p><blockquote><ul><li>Wish(ContextLogic)仍然是电子商务交易中最被低估的资产之一，其远期EV与销售额之比仅为1.3倍。</li><li>Wish与PrestaShop的最新合作伙伴关系将进一步加速国际扩张和增长计划。</li><li>虽然很难找到有关其空头利息的准确数据，因为其大部分流通量仍被锁定，但我估计空头利息在30-40%之间。</li><li>我相信，包括高额营销支出和用户数量停滞在内的看跌论点已经在当前股价中根深蒂固。</li></ul><p class=\"t-img-caption\"><span>JuSun/iStock来自Getty Images</span></p></blockquote></p><p> <b>Overview</b></p><p><blockquote><b>概述</b></blockquote></p><p> ContextLogic (WISH) has been a wild ride for shareholders, as high volatility continues to cause significant price movements in recent weeks. The e-commerce platform initially went public in December at $20 per share before surging to an all-time high of $32 in February due to a momentum-driven rally. That said, shares have steadily plunged ever since, hitting an all-time low of just $7 in June, but are now recovering swiftly after increased interest from the retail trading sector. Here, the stock is favored due to its high volatility, short interest, and enormous upside potential.</p><p><blockquote>ContextLogic(WISH)对股东来说是一段疯狂的旅程，因为最近几周高波动性继续导致价格大幅波动。该电子商务平台最初于12月以每股20美元的价格上市，随后由于势头驱动的反弹，在2月份飙升至32美元的历史高点。尽管如此，自那以后，股价稳步暴跌，在6月份触及仅7美元的历史低点，但在零售交易部门的兴趣增加后，现在正在迅速复苏。在这里，该股因其高波动性、空头兴趣和巨大的上涨潜力而受到青睐。</blockquote></p><p> In this context, I believe that the high short interest has increasingly pushed shares below fair value and that patient investors could soon see $20 or more again as the company is working through logistic challenges and will soon return to economies of scale. In this regard, the e-commerce platform has a unique value proposition and is well-positioned to gain market share in a $6 trillion e-commerce industry.</p><p><blockquote>在这种情况下，我认为高空头兴趣越来越多地将股价推至公允价值以下，耐心的投资者可能很快就会再次看到20美元或更多，因为该公司正在应对物流挑战，并将很快恢复规模经济。在这方面，该电子商务平台具有独特的价值主张，并处于有利地位，可以在6万亿美元的电子商务行业中获得市场份额。</blockquote></p><p> <b>The Digital Dollar Tree</b></p><p><blockquote><b>数字美元树</b></blockquote></p><p> Wish has been criticized heavily as an e-commerce platform, and I would almost argue that its image of being a third-party 'dropshipping' site for Chinese merchants has kept investors away from the stock so far. However, this may only be partially true. Essentially, Wish has inverted Amazon's(NASDAQ:AMZN)business model through low-priced (low-quality) products and sluggish delivery times that may lead to week-long delivery times. This is because Wish does not handle shipping itself, which is why it can offer these ultra-low prices of offering a hoodie for $2 plus $2 shipping.</p><p><blockquote>Wish作为一个电子商务平台受到了严厉批评，我几乎可以说，它作为中国商家第三方“直运”网站的形象让投资者迄今为止远离了该股。然而，这可能只是部分正确。从本质上讲，Wish通过低价（低质量）产品和缓慢的交付时间（可能导致长达一周的交付时间）扭转了亚马逊（纳斯达克：AMZN）的商业模式。这是因为Wish本身不处理运输，这就是为什么它可以提供这些超低价格，提供2美元加2美元运费的连帽衫。</blockquote></p><p> Frankly, Wish is still dependent on Chinese merchants, accounting for most of its product catalogs. This is unsurprising, considering that most goods are produced in China as the production costs are among the lowest in the world. Most of the goods being sold on Amazon or eBay(NASDAQ:EBAY)were also produced in China, although they earn a higher perception due to one-day delivery shipping programs or higher prices.</p><p><blockquote>坦率地说，Wish仍然依赖中国商家，占其产品目录的大部分。考虑到大多数商品都是在中国生产的，因为生产成本是世界上最低的之一，这并不奇怪。亚马逊或eBay（纳斯达克：eBay）上销售的大多数商品也是在中国生产的，尽管由于一日送达计划或更高的价格，它们获得了更高的认知度。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2bea733440e86851af57559c6a5fd6bd\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Now, I view Wish as the digital dollar tree, where online shoppers discover items that they want, not need. In the process, customers have more patience for products and are willing to wait longer for them to arrive. Wish is working towards addressing both of these issues (quality and merchant diversification) as its platform is gaining popularity. Here, it has been investing in logistics to offer quicker delivery, demonstrated by a 275% YoY increase in logistics revenue. Since these revenues provide low margins, its overall gross margins have decreased in accordance. However, once it achieves economies of scale in the segment, margin growth should reverse and trail back towards 70%.</p><p><blockquote>现在，我将Wish视为数字美元树，在线购物者在这里发现他们想要而不是需要的商品。在这个过程中，客户对产品更有耐心，愿意等待更长时间才能到货。随着其平台越来越受欢迎，Wish正在努力解决这两个问题（质量和商家多元化）。在这里，它一直在投资物流以提供更快的交付，物流收入同比增长275%就证明了这一点。由于这些收入的利润率较低，其整体毛利率也相应下降。然而，一旦该领域实现规模经济，利润率增长应该会逆转并回落至70%。</blockquote></p><p> It is also addressing the second issue by continuously growing its international merchant base. Here, U.S. merchants increased by over 400% YoY, and a similar trend is to be seen in other countries. Moreover, it is growing Wish Local, a service connecting local businesses to the platform, accounting for 7% of all Wish orders. Wish local is mostly (or exclusively) available in the United States and thus increasingly mixes with other products on the website.</p><p><blockquote>它还通过不断扩大其国际商户基础来解决第二个问题。在这里，美国商家同比增长超过400%，在其他国家也可以看到类似的趋势。此外，它正在增长Wish Local，这是一项将本地企业与平台连接起来的服务，占所有Wish订单的7%。Wish local主要（或专门）在美国销售，因此越来越多地与网站上的其他产品混合在一起。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/09eb88453d075db6b7b8edd21f981b4a\" tg-width=\"640\" tg-height=\"381\"><span>Source: Sensor Tower</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：传感器塔</span></p></blockquote></p><p> I also like Wish's strategy to engage and retain users by utilizing an AI matching system that optimizes platform growth, user experience, and merchant return on investment. The strategy to create an interactive mobile shopping experience appears to be working well: Impressively, Wish gets over500,000reviews per day from users, surpassing even Amazon and other shopping sites in this regard, demonstrating just about how engaging the platform is. Around 80% of first-time shoppersreturnto buy again.</p><p><blockquote>我还喜欢Wish通过利用人工智能匹配系统来吸引和留住用户的策略，该系统可以优化平台增长、用户体验和商家投资回报。创造互动移动购物体验的策略似乎运作良好：令人印象深刻的是，Wish每天从用户那里获得超过50万条评论，在这方面甚至超过了亚马逊和其他购物网站，展示了该平台的吸引力。大约80%的首次购物者会再次购买。</blockquote></p><p></p><p> Wish is, therefore, able to establish itself in the highly competitive E-commerce market that offers a tremendous runway for growth. Currently, around 40% of the E-commerce market share is owned just by Amazon. Compared to Amazon, its TAM may be limited as it concentrates on its lower-income niche, which is how it became popular in the first place. Still, this represents a +$3 trillion market opportunity for Wish to tap into. It is also worth noting that according toreports, Amazon tried to acquire Wish for $10 billion, yet Wish rejected, believing growing the business to $100 billion in annual sales, at which point it would be valued significantly higher.</p><p><blockquote>因此，Wish能够在竞争激烈的电子商务市场中站稳脚跟，为其提供了巨大的增长空间。目前，大约40%的电子商务市场份额仅由亚马逊拥有。与亚马逊相比，其TAM可能有限，因为它专注于低收入利基市场，这也是它最初受欢迎的原因。尽管如此，这仍为Wish提供了超过3万亿美元的市场机会。还值得注意的是，据报道，亚马逊试图以100亿美元收购Wish，但Wish拒绝了，认为该业务的年销售额将增长到1000亿美元，届时其估值将明显更高。</blockquote></p><p> <b>Negative Sentiment Baked In</b></p><p><blockquote><b>负面情绪根深蒂固</b></blockquote></p><p> Wish's first two quarters have been slightly disappointing. While the company handily beat revenue estimates, the company burned through over $300 million in cash in order to invest in logistics. More importantly, however, is the fact that MAUs have dropped steadily, which the company blames on de-de-emphasizing advertising and customer acquisition as the company worked through logistics challenges it faced earlier in the year.</p><p><blockquote>Wish的前两个季度有点令人失望。虽然该公司轻松超出了收入预期，但为了投资物流，该公司消耗了超过3亿美元的现金。然而，更重要的是，月活跃用户数稳步下降，该公司将此归咎于该公司在应对今年早些时候面临的物流挑战时不再重视广告和客户获取。</blockquote></p><p> <table>  <tbody>   <tr>    <td>Year</td>    <td>2020</td>    <td>2019</td>    <td>2018</td>   </tr>   <tr>    <td>Revenue</td>    <td>$2.54B</td>    <td>$1.9B</td>    <td>$1.73B</td>   </tr>   <tr>    <td>Gross Profit</td>    <td>$1.59B</td>    <td>$1.46B</td>    <td>$1.45B</td>   </tr>   <tr>    <td><b>Sales and Marketing</b></td>    <td><b>$1.71B (+17%)</b></td>    <td><b>$1.46B (-7%)</b></td>    <td><b>$1.57B</b></td>   </tr>   <tr>    <td>MAUs</td>    <td>107M (+19%)</td>    <td>90M (+10%)</p><p><blockquote><table><tbody><tr><td>年</td><td>2020</td><td>2019</td><td>2018</td></tr><tr><td>收入</td><td>$2.54 B</td><td>19亿美元</td><td>$1.73 B</td></tr><tr><td>毛利</td><td>$1.59 B</td><td>$1.46 B</td><td>$1.45 B</td></tr><tr><td><b>销售及市场推广</b></td><td><b>$17.1亿(+17%)</b></td><td><b>$1.46 B(-7%)</b></td><td><b>$1.57 B</b></td></tr><tr><td>老鼠</td><td>1.07亿(+19%)</td><td>9000万(+10%)</td></tr></tbody></table></blockquote></p><p></td>    <td>82M</td>   </tr>   <tr>    <td><b>Active Buyers</b></td>    <td><b>64M (+3%)</b></td>    <td><b>62M (-3%)</b></td>    <td><b>64M</b></td>   </tr>  </tbody> </table> *Growth (Year-over-Year)</p><p><blockquote><td>82M</td><tr><td><b>活跃买家</b></td><td><b>6400万(+3%)</b></td><td><b>6200万(-3%)</b></td><td><b>64M</b></td></tr>*增长（同比）</blockquote></p><p> The largest bear argument against Wish is its high marketing expenses, which account for 60% of its total revenues and over 100% of its gross profits. This is totally fine unless it grows its active buyers through marketing, which unfortunately has not been the case. This is a red flag and questions the long-term sustainability of Wish's business model. However, the company has been close to being cash flow positive, and it stated it already would be profitable if it weren't for its extensive marketing expense. That said, as long as Wish acquires new MAUs and increases value through logistic services, its marketing expenses pay off in the long run. Moreover, as a percentage of total revenues, Wish's marketing expenses have dropped to 60%, down from 67% in the year prior.</p><p><blockquote>Wish最大的看跌理由是其高昂的营销费用，占其总收入的60%和毛利润的100%以上。这完全没问题，除非它通过营销增加活跃买家，不幸的是事实并非如此。这是一个危险信号，并质疑Wish商业模式的长期可持续性。然而，该公司一直接近正现金流，并表示如果不是因为其大量的营销费用，它已经实现了盈利。也就是说，只要Wish获得新的月活跃用户并通过物流服务增加价值，从长远来看，其营销费用就会得到回报。此外，Wish的营销费用占总收入的比例已从上年的67%降至60%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e18c23728274ee708d896923820b282\" tg-width=\"635\" tg-height=\"278\"><span>Source: Wish IR</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Wish IR</span></p></blockquote></p><p> In terms of the outlook, this is what the company is essentially stressing. It believes marketing expenses can decrease to 40-45%, leading to EBITDA margins of 25% at the midpoint range. If it achieves these ambitious goals (which is very well possible), its profitability margins would be similar to those of eBay or MercadoLibre(NASDAQ:MELI). In either way, Wish's business model is not perfect, but all these concerns are more than baked in its current valuation, IMO (In My Opinion).</p><p><blockquote>就前景而言，这就是该公司本质上强调的。它相信营销费用可以降低到40-45%，从而使EBITDA利润率达到25%的中点范围。如果它实现了这些雄心勃勃的目标（这很有可能），其利润率将与eBay或MercadoLibre（纳斯达克：MELI）相似。不管怎样，Wish的商业模式并不完美，但在我看来（在我看来），所有这些担忧都不仅仅体现在其当前的估值中。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54029f94c37f301d26e93a11636280e7\" tg-width=\"635\" tg-height=\"470\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Even after the latest +50% rise, shares are still trailing far behind peers such as Poshmark(NASDAQ:POSH), eBay, Amazon, and (Shopify(NYSE:SHOP)). At over $3 billion estimated revenues, Wish is trading at just 1.8x Price to Sales, just half of eBay's current valuation and much lower than Poshmark. Current estimates are calling for over $6 billion in revenues by 2025 and $1 billion in free cash flow, meaning that Wish trades at just 7x free cash flow estimates, or 1 times sales. In early 2021, its P/S ratio stood closer to 5x, so there is potential for a valuation expansion.</p><p><blockquote>即使在最近上涨了50%以上之后，股价仍然远远落后于Poshmark（纳斯达克股票代码：POSH）、eBay、Amazon和（Shopify（纽约证券交易所股票代码：SHOP））等同行。Wish的预计收入超过30亿美元，其市销率仅为1.8倍，仅为eBay当前估值的一半，远低于Poshmark。目前的估计是，到2025年，收入将超过60亿美元，自由现金流将达到10亿美元，这意味着Wish的交易价格仅为自由现金流估计的7倍，即销售额的1倍。2021年初，其市盈率接近5倍，估值存在扩张潜力。</blockquote></p><p> <b>What about the Lawsuits?</b></p><p><blockquote><b>诉讼呢？</b></blockquote></p><p> Perhaps you've seen the news (especially on Yahoo Finance) regarding the class actionlawsuits. These lawsuits are extensively posted to remind investors of recovering incurred losses after its share price dropped in recent months. Such lawsuits are not unusual when stocks drop sharply in a short period of time and are likely of no concern to investors. These lawsuits have also included companies such asCloverHealth(NASDAQ:CLOV), Skillz(NYSE:SKLZ), Array Technologies(NASDAQ:ARRY), etc.</p><p><blockquote>也许你已经看过关于集体诉讼的新闻（尤其是在雅虎财经上）。这些诉讼被广泛发布，以提醒投资者在近几个月股价下跌后挽回损失。当股票在短时间内大幅下跌并且投资者可能不关心时，此类诉讼并不罕见。这些诉讼还包括CloverHealth（纳斯达克：CLOV）、Skillz（纽约证券交易所：SKLZ）、Array Technologies（纳斯达克：ARRY）等公司。</blockquote></p><p> Short Interest - Still High</p><p><blockquote>空头利息——仍然很高</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/875b3fdaf74f1ef639b51d77a3aac01f\" tg-width=\"640\" tg-height=\"360\"><span>Source: Fintel</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Fintel</span></p></blockquote></p><p></p><p> Wish has gained significant attraction from retail investors, as investors were looking for the next big short squeeze. Since most of Wish's shares have still been locked up, its exact short ratio was difficult to estimate. According to Seeking Alpha, the current short ratio stands at just 7%, but the figure is likely higher. Last week, its short interest as a percent of its equity float stood at roughly 48%, according to Bloomberg Terminal data. Other sources such as Fintel pin the current short volume at 20-30%. Now, it's difficult to give an exact estimate, but generally speaking, it's probably somewhere within this range, and many short calls are still to be covered. In the long term, the high-short interest could be an advantage, leading to a quicker acceleration if the stock begins trending upwards.</p><p><blockquote>Wish已经获得了散户投资者的巨大吸引力，因为投资者正在寻找下一次大的轧空。由于Wish的大部分股票仍被锁定，其确切的做空比率很难估计。根据Seeking Alpha的数据，目前的空头比率仅为7%，但这个数字可能会更高。根据彭博终端数据，上周其空头权益占其流通股的百分比约为48%。Fintel等其他消息来源将当前的空头量确定为20-30%。现在，很难给出一个确切的估计，但总体来说，很可能在这个范围内的某个地方，许多空头评级仍有待回补。从长远来看，高空头兴趣可能是一个优势，如果股票开始呈上升趋势，就会导致更快的加速。</blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> I believe that Wish remains one of the most underappreciated assets within e-commerce, boasting over 100 million monthly users on its platform and connecting thousands of merchants from all over the world. The mobile shopping app continues to be one of the top downloaded shopping apps in the space and has a unique value proposition, which is smarter than it appears at first sight. Moreover, its latestpartnershipwith PrestaShop will give over 300,000 merchants free access to a direct integration that connects them directly to Wish's merchant dashboard, further driving growth. While there are risks to Wish's imperfect business model, such as lagging profitability, patient investors could be rewarded mightily.</p><p><blockquote>我相信Wish仍然是电子商务中最被低估的资产之一，其平台上拥有超过1亿的月用户，并连接了来自世界各地的数千家商家。移动购物应用程序仍然是该领域下载量最高的购物应用程序之一，并具有独特的价值主张，比乍一看更智能。此外，其与PrestaShop的最新合作伙伴关系将为超过300,000家商家提供免费的直接集成，将他们直接连接到Wish的商家仪表板，从而进一步推动增长。尽管Wish不完善的商业模式存在盈利能力滞后等风险，但耐心的投资者可能会获得丰厚的回报。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wish Stock: Patient Investors Could Soon See $20 Again<blockquote>Wish股票：耐心的投资者很快就会再次看到20美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWish Stock: Patient Investors Could Soon See $20 Again<blockquote>Wish股票：耐心的投资者很快就会再次看到20美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-16 13:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Wish (ContextLogic) remains one of the most underappreciated assets within e-commerce trading at just 1.3x forward EV to Sales.</li>  <li>Wish's latest partnership with PrestaShop will further accelerate international expansion and growth initiatives.</li>  <li>While accurate data regarding its short interest is difficult to find as most of its float is still locked up, I estimate a short interest between 30-40%.</li>  <li>I believe bear arguments including high marketing spend and stalling user numbers are already baked in the current share price.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/983667978a1675a8b256d7b0478a876c\" tg-width=\"1536\" tg-height=\"934\" referrerpolicy=\"no-referrer\"><span>JuSun/iStock via Getty Images</span></p><p><blockquote><ul><li>Wish(ContextLogic)仍然是电子商务交易中最被低估的资产之一，其远期EV与销售额之比仅为1.3倍。</li><li>Wish与PrestaShop的最新合作伙伴关系将进一步加速国际扩张和增长计划。</li><li>虽然很难找到有关其空头利息的准确数据，因为其大部分流通量仍被锁定，但我估计空头利息在30-40%之间。</li><li>我相信，包括高额营销支出和用户数量停滞在内的看跌论点已经在当前股价中根深蒂固。</li></ul><p class=\"t-img-caption\"><span>JuSun/iStock来自Getty Images</span></p></blockquote></p><p> <b>Overview</b></p><p><blockquote><b>概述</b></blockquote></p><p> ContextLogic (WISH) has been a wild ride for shareholders, as high volatility continues to cause significant price movements in recent weeks. The e-commerce platform initially went public in December at $20 per share before surging to an all-time high of $32 in February due to a momentum-driven rally. That said, shares have steadily plunged ever since, hitting an all-time low of just $7 in June, but are now recovering swiftly after increased interest from the retail trading sector. Here, the stock is favored due to its high volatility, short interest, and enormous upside potential.</p><p><blockquote>ContextLogic(WISH)对股东来说是一段疯狂的旅程，因为最近几周高波动性继续导致价格大幅波动。该电子商务平台最初于12月以每股20美元的价格上市，随后由于势头驱动的反弹，在2月份飙升至32美元的历史高点。尽管如此，自那以后，股价稳步暴跌，在6月份触及仅7美元的历史低点，但在零售交易部门的兴趣增加后，现在正在迅速复苏。在这里，该股因其高波动性、空头兴趣和巨大的上涨潜力而受到青睐。</blockquote></p><p> In this context, I believe that the high short interest has increasingly pushed shares below fair value and that patient investors could soon see $20 or more again as the company is working through logistic challenges and will soon return to economies of scale. In this regard, the e-commerce platform has a unique value proposition and is well-positioned to gain market share in a $6 trillion e-commerce industry.</p><p><blockquote>在这种情况下，我认为高空头兴趣越来越多地将股价推至公允价值以下，耐心的投资者可能很快就会再次看到20美元或更多，因为该公司正在应对物流挑战，并将很快恢复规模经济。在这方面，该电子商务平台具有独特的价值主张，并处于有利地位，可以在6万亿美元的电子商务行业中获得市场份额。</blockquote></p><p> <b>The Digital Dollar Tree</b></p><p><blockquote><b>数字美元树</b></blockquote></p><p> Wish has been criticized heavily as an e-commerce platform, and I would almost argue that its image of being a third-party 'dropshipping' site for Chinese merchants has kept investors away from the stock so far. However, this may only be partially true. Essentially, Wish has inverted Amazon's(NASDAQ:AMZN)business model through low-priced (low-quality) products and sluggish delivery times that may lead to week-long delivery times. This is because Wish does not handle shipping itself, which is why it can offer these ultra-low prices of offering a hoodie for $2 plus $2 shipping.</p><p><blockquote>Wish作为一个电子商务平台受到了严厉批评，我几乎可以说，它作为中国商家第三方“直运”网站的形象让投资者迄今为止远离了该股。然而，这可能只是部分正确。从本质上讲，Wish通过低价（低质量）产品和缓慢的交付时间（可能导致长达一周的交付时间）扭转了亚马逊（纳斯达克：AMZN）的商业模式。这是因为Wish本身不处理运输，这就是为什么它可以提供这些超低价格，提供2美元加2美元运费的连帽衫。</blockquote></p><p> Frankly, Wish is still dependent on Chinese merchants, accounting for most of its product catalogs. This is unsurprising, considering that most goods are produced in China as the production costs are among the lowest in the world. Most of the goods being sold on Amazon or eBay(NASDAQ:EBAY)were also produced in China, although they earn a higher perception due to one-day delivery shipping programs or higher prices.</p><p><blockquote>坦率地说，Wish仍然依赖中国商家，占其产品目录的大部分。考虑到大多数商品都是在中国生产的，因为生产成本是世界上最低的之一，这并不奇怪。亚马逊或eBay（纳斯达克：eBay）上销售的大多数商品也是在中国生产的，尽管由于一日送达计划或更高的价格，它们获得了更高的认知度。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/2bea733440e86851af57559c6a5fd6bd\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Now, I view Wish as the digital dollar tree, where online shoppers discover items that they want, not need. In the process, customers have more patience for products and are willing to wait longer for them to arrive. Wish is working towards addressing both of these issues (quality and merchant diversification) as its platform is gaining popularity. Here, it has been investing in logistics to offer quicker delivery, demonstrated by a 275% YoY increase in logistics revenue. Since these revenues provide low margins, its overall gross margins have decreased in accordance. However, once it achieves economies of scale in the segment, margin growth should reverse and trail back towards 70%.</p><p><blockquote>现在，我将Wish视为数字美元树，在线购物者在这里发现他们想要而不是需要的商品。在这个过程中，客户对产品更有耐心，愿意等待更长时间才能到货。随着其平台越来越受欢迎，Wish正在努力解决这两个问题（质量和商家多元化）。在这里，它一直在投资物流以提供更快的交付，物流收入同比增长275%就证明了这一点。由于这些收入的利润率较低，其整体毛利率也相应下降。然而，一旦该领域实现规模经济，利润率增长应该会逆转并回落至70%。</blockquote></p><p> It is also addressing the second issue by continuously growing its international merchant base. Here, U.S. merchants increased by over 400% YoY, and a similar trend is to be seen in other countries. Moreover, it is growing Wish Local, a service connecting local businesses to the platform, accounting for 7% of all Wish orders. Wish local is mostly (or exclusively) available in the United States and thus increasingly mixes with other products on the website.</p><p><blockquote>它还通过不断扩大其国际商户基础来解决第二个问题。在这里，美国商家同比增长超过400%，在其他国家也可以看到类似的趋势。此外，它正在增长Wish Local，这是一项将本地企业与平台连接起来的服务，占所有Wish订单的7%。Wish local主要（或专门）在美国销售，因此越来越多地与网站上的其他产品混合在一起。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/09eb88453d075db6b7b8edd21f981b4a\" tg-width=\"640\" tg-height=\"381\"><span>Source: Sensor Tower</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：传感器塔</span></p></blockquote></p><p> I also like Wish's strategy to engage and retain users by utilizing an AI matching system that optimizes platform growth, user experience, and merchant return on investment. The strategy to create an interactive mobile shopping experience appears to be working well: Impressively, Wish gets over500,000reviews per day from users, surpassing even Amazon and other shopping sites in this regard, demonstrating just about how engaging the platform is. Around 80% of first-time shoppersreturnto buy again.</p><p><blockquote>我还喜欢Wish通过利用人工智能匹配系统来吸引和留住用户的策略，该系统可以优化平台增长、用户体验和商家投资回报。创造互动移动购物体验的策略似乎运作良好：令人印象深刻的是，Wish每天从用户那里获得超过50万条评论，在这方面甚至超过了亚马逊和其他购物网站，展示了该平台的吸引力。大约80%的首次购物者会再次购买。</blockquote></p><p></p><p> Wish is, therefore, able to establish itself in the highly competitive E-commerce market that offers a tremendous runway for growth. Currently, around 40% of the E-commerce market share is owned just by Amazon. Compared to Amazon, its TAM may be limited as it concentrates on its lower-income niche, which is how it became popular in the first place. Still, this represents a +$3 trillion market opportunity for Wish to tap into. It is also worth noting that according toreports, Amazon tried to acquire Wish for $10 billion, yet Wish rejected, believing growing the business to $100 billion in annual sales, at which point it would be valued significantly higher.</p><p><blockquote>因此，Wish能够在竞争激烈的电子商务市场中站稳脚跟，为其提供了巨大的增长空间。目前，大约40%的电子商务市场份额仅由亚马逊拥有。与亚马逊相比，其TAM可能有限，因为它专注于低收入利基市场，这也是它最初受欢迎的原因。尽管如此，这仍为Wish提供了超过3万亿美元的市场机会。还值得注意的是，据报道，亚马逊试图以100亿美元收购Wish，但Wish拒绝了，认为该业务的年销售额将增长到1000亿美元，届时其估值将明显更高。</blockquote></p><p> <b>Negative Sentiment Baked In</b></p><p><blockquote><b>负面情绪根深蒂固</b></blockquote></p><p> Wish's first two quarters have been slightly disappointing. While the company handily beat revenue estimates, the company burned through over $300 million in cash in order to invest in logistics. More importantly, however, is the fact that MAUs have dropped steadily, which the company blames on de-de-emphasizing advertising and customer acquisition as the company worked through logistics challenges it faced earlier in the year.</p><p><blockquote>Wish的前两个季度有点令人失望。虽然该公司轻松超出了收入预期，但为了投资物流，该公司消耗了超过3亿美元的现金。然而，更重要的是，月活跃用户数稳步下降，该公司将此归咎于该公司在应对今年早些时候面临的物流挑战时不再重视广告和客户获取。</blockquote></p><p> <table>  <tbody>   <tr>    <td>Year</td>    <td>2020</td>    <td>2019</td>    <td>2018</td>   </tr>   <tr>    <td>Revenue</td>    <td>$2.54B</td>    <td>$1.9B</td>    <td>$1.73B</td>   </tr>   <tr>    <td>Gross Profit</td>    <td>$1.59B</td>    <td>$1.46B</td>    <td>$1.45B</td>   </tr>   <tr>    <td><b>Sales and Marketing</b></td>    <td><b>$1.71B (+17%)</b></td>    <td><b>$1.46B (-7%)</b></td>    <td><b>$1.57B</b></td>   </tr>   <tr>    <td>MAUs</td>    <td>107M (+19%)</td>    <td>90M (+10%)</p><p><blockquote><table><tbody><tr><td>年</td><td>2020</td><td>2019</td><td>2018</td></tr><tr><td>收入</td><td>$2.54 B</td><td>19亿美元</td><td>$1.73 B</td></tr><tr><td>毛利</td><td>$1.59 B</td><td>$1.46 B</td><td>$1.45 B</td></tr><tr><td><b>销售及市场推广</b></td><td><b>$17.1亿(+17%)</b></td><td><b>$1.46 B(-7%)</b></td><td><b>$1.57 B</b></td></tr><tr><td>老鼠</td><td>1.07亿(+19%)</td><td>9000万(+10%)</td></tr></tbody></table></blockquote></p><p></td>    <td>82M</td>   </tr>   <tr>    <td><b>Active Buyers</b></td>    <td><b>64M (+3%)</b></td>    <td><b>62M (-3%)</b></td>    <td><b>64M</b></td>   </tr>  </tbody> </table> *Growth (Year-over-Year)</p><p><blockquote><td>82M</td><tr><td><b>活跃买家</b></td><td><b>6400万(+3%)</b></td><td><b>6200万(-3%)</b></td><td><b>64M</b></td></tr>*增长（同比）</blockquote></p><p> The largest bear argument against Wish is its high marketing expenses, which account for 60% of its total revenues and over 100% of its gross profits. This is totally fine unless it grows its active buyers through marketing, which unfortunately has not been the case. This is a red flag and questions the long-term sustainability of Wish's business model. However, the company has been close to being cash flow positive, and it stated it already would be profitable if it weren't for its extensive marketing expense. That said, as long as Wish acquires new MAUs and increases value through logistic services, its marketing expenses pay off in the long run. Moreover, as a percentage of total revenues, Wish's marketing expenses have dropped to 60%, down from 67% in the year prior.</p><p><blockquote>Wish最大的看跌理由是其高昂的营销费用，占其总收入的60%和毛利润的100%以上。这完全没问题，除非它通过营销增加活跃买家，不幸的是事实并非如此。这是一个危险信号，并质疑Wish商业模式的长期可持续性。然而，该公司一直接近正现金流，并表示如果不是因为其大量的营销费用，它已经实现了盈利。也就是说，只要Wish获得新的月活跃用户并通过物流服务增加价值，从长远来看，其营销费用就会得到回报。此外，Wish的营销费用占总收入的比例已从上年的67%降至60%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e18c23728274ee708d896923820b282\" tg-width=\"635\" tg-height=\"278\"><span>Source: Wish IR</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Wish IR</span></p></blockquote></p><p> In terms of the outlook, this is what the company is essentially stressing. It believes marketing expenses can decrease to 40-45%, leading to EBITDA margins of 25% at the midpoint range. If it achieves these ambitious goals (which is very well possible), its profitability margins would be similar to those of eBay or MercadoLibre(NASDAQ:MELI). In either way, Wish's business model is not perfect, but all these concerns are more than baked in its current valuation, IMO (In My Opinion).</p><p><blockquote>就前景而言，这就是该公司本质上强调的。它相信营销费用可以降低到40-45%，从而使EBITDA利润率达到25%的中点范围。如果它实现了这些雄心勃勃的目标（这很有可能），其利润率将与eBay或MercadoLibre（纳斯达克：MELI）相似。不管怎样，Wish的商业模式并不完美，但在我看来（在我看来），所有这些担忧都不仅仅体现在其当前的估值中。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54029f94c37f301d26e93a11636280e7\" tg-width=\"635\" tg-height=\"470\"><span>Data byYCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Even after the latest +50% rise, shares are still trailing far behind peers such as Poshmark(NASDAQ:POSH), eBay, Amazon, and (Shopify(NYSE:SHOP)). At over $3 billion estimated revenues, Wish is trading at just 1.8x Price to Sales, just half of eBay's current valuation and much lower than Poshmark. Current estimates are calling for over $6 billion in revenues by 2025 and $1 billion in free cash flow, meaning that Wish trades at just 7x free cash flow estimates, or 1 times sales. In early 2021, its P/S ratio stood closer to 5x, so there is potential for a valuation expansion.</p><p><blockquote>即使在最近上涨了50%以上之后，股价仍然远远落后于Poshmark（纳斯达克股票代码：POSH）、eBay、Amazon和（Shopify（纽约证券交易所股票代码：SHOP））等同行。Wish的预计收入超过30亿美元，其市销率仅为1.8倍，仅为eBay当前估值的一半，远低于Poshmark。目前的估计是，到2025年，收入将超过60亿美元，自由现金流将达到10亿美元，这意味着Wish的交易价格仅为自由现金流估计的7倍，即销售额的1倍。2021年初，其市盈率接近5倍，估值存在扩张潜力。</blockquote></p><p> <b>What about the Lawsuits?</b></p><p><blockquote><b>诉讼呢？</b></blockquote></p><p> Perhaps you've seen the news (especially on Yahoo Finance) regarding the class actionlawsuits. These lawsuits are extensively posted to remind investors of recovering incurred losses after its share price dropped in recent months. Such lawsuits are not unusual when stocks drop sharply in a short period of time and are likely of no concern to investors. These lawsuits have also included companies such asCloverHealth(NASDAQ:CLOV), Skillz(NYSE:SKLZ), Array Technologies(NASDAQ:ARRY), etc.</p><p><blockquote>也许你已经看过关于集体诉讼的新闻（尤其是在雅虎财经上）。这些诉讼被广泛发布，以提醒投资者在近几个月股价下跌后挽回损失。当股票在短时间内大幅下跌并且投资者可能不关心时，此类诉讼并不罕见。这些诉讼还包括CloverHealth（纳斯达克：CLOV）、Skillz（纽约证券交易所：SKLZ）、Array Technologies（纳斯达克：ARRY）等公司。</blockquote></p><p> Short Interest - Still High</p><p><blockquote>空头利息——仍然很高</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/875b3fdaf74f1ef639b51d77a3aac01f\" tg-width=\"640\" tg-height=\"360\"><span>Source: Fintel</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Fintel</span></p></blockquote></p><p></p><p> Wish has gained significant attraction from retail investors, as investors were looking for the next big short squeeze. Since most of Wish's shares have still been locked up, its exact short ratio was difficult to estimate. According to Seeking Alpha, the current short ratio stands at just 7%, but the figure is likely higher. Last week, its short interest as a percent of its equity float stood at roughly 48%, according to Bloomberg Terminal data. Other sources such as Fintel pin the current short volume at 20-30%. Now, it's difficult to give an exact estimate, but generally speaking, it's probably somewhere within this range, and many short calls are still to be covered. In the long term, the high-short interest could be an advantage, leading to a quicker acceleration if the stock begins trending upwards.</p><p><blockquote>Wish已经获得了散户投资者的巨大吸引力，因为投资者正在寻找下一次大的轧空。由于Wish的大部分股票仍被锁定，其确切的做空比率很难估计。根据Seeking Alpha的数据，目前的空头比率仅为7%，但这个数字可能会更高。根据彭博终端数据，上周其空头权益占其流通股的百分比约为48%。Fintel等其他消息来源将当前的空头量确定为20-30%。现在，很难给出一个确切的估计，但总体来说，很可能在这个范围内的某个地方，许多空头评级仍有待回补。从长远来看，高空头兴趣可能是一个优势，如果股票开始呈上升趋势，就会导致更快的加速。</blockquote></p><p> <b>The Bottom Line</b></p><p><blockquote><b>底线</b></blockquote></p><p> I believe that Wish remains one of the most underappreciated assets within e-commerce, boasting over 100 million monthly users on its platform and connecting thousands of merchants from all over the world. The mobile shopping app continues to be one of the top downloaded shopping apps in the space and has a unique value proposition, which is smarter than it appears at first sight. Moreover, its latestpartnershipwith PrestaShop will give over 300,000 merchants free access to a direct integration that connects them directly to Wish's merchant dashboard, further driving growth. While there are risks to Wish's imperfect business model, such as lagging profitability, patient investors could be rewarded mightily.</p><p><blockquote>我相信Wish仍然是电子商务中最被低估的资产之一，其平台上拥有超过1亿的月用户，并连接了来自世界各地的数千家商家。移动购物应用程序仍然是该领域下载量最高的购物应用程序之一，并具有独特的价值主张，比乍一看更智能。此外，其与PrestaShop的最新合作伙伴关系将为超过300,000家商家提供免费的直接集成，将他们直接连接到Wish的商家仪表板，从而进一步推动增长。尽管Wish不完善的商业模式存在盈利能力滞后等风险，但耐心的投资者可能会获得丰厚的回报。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4434950-wish-stock-patient-investors-could-soon-see-20-again\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4434950-wish-stock-patient-investors-could-soon-see-20-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148768572","content_text":"Summary\n\nWish (ContextLogic) remains one of the most underappreciated assets within e-commerce trading at just 1.3x forward EV to Sales.\nWish's latest partnership with PrestaShop will further accelerate international expansion and growth initiatives.\nWhile accurate data regarding its short interest is difficult to find as most of its float is still locked up, I estimate a short interest between 30-40%.\nI believe bear arguments including high marketing spend and stalling user numbers are already baked in the current share price.\n\nJuSun/iStock via Getty Images\nOverview\nContextLogic (WISH) has been a wild ride for shareholders, as high volatility continues to cause significant price movements in recent weeks. The e-commerce platform initially went public in December at $20 per share before surging to an all-time high of $32 in February due to a momentum-driven rally. That said, shares have steadily plunged ever since, hitting an all-time low of just $7 in June, but are now recovering swiftly after increased interest from the retail trading sector. Here, the stock is favored due to its high volatility, short interest, and enormous upside potential.\nIn this context, I believe that the high short interest has increasingly pushed shares below fair value and that patient investors could soon see $20 or more again as the company is working through logistic challenges and will soon return to economies of scale. In this regard, the e-commerce platform has a unique value proposition and is well-positioned to gain market share in a $6 trillion e-commerce industry.\nThe Digital Dollar Tree\nWish has been criticized heavily as an e-commerce platform, and I would almost argue that its image of being a third-party 'dropshipping' site for Chinese merchants has kept investors away from the stock so far. However, this may only be partially true. Essentially, Wish has inverted Amazon's(NASDAQ:AMZN)business model through low-priced (low-quality) products and sluggish delivery times that may lead to week-long delivery times. This is because Wish does not handle shipping itself, which is why it can offer these ultra-low prices of offering a hoodie for $2 plus $2 shipping.\nFrankly, Wish is still dependent on Chinese merchants, accounting for most of its product catalogs. This is unsurprising, considering that most goods are produced in China as the production costs are among the lowest in the world. Most of the goods being sold on Amazon or eBay(NASDAQ:EBAY)were also produced in China, although they earn a higher perception due to one-day delivery shipping programs or higher prices.\n\nNow, I view Wish as the digital dollar tree, where online shoppers discover items that they want, not need. In the process, customers have more patience for products and are willing to wait longer for them to arrive. Wish is working towards addressing both of these issues (quality and merchant diversification) as its platform is gaining popularity. Here, it has been investing in logistics to offer quicker delivery, demonstrated by a 275% YoY increase in logistics revenue. Since these revenues provide low margins, its overall gross margins have decreased in accordance. However, once it achieves economies of scale in the segment, margin growth should reverse and trail back towards 70%.\nIt is also addressing the second issue by continuously growing its international merchant base. Here, U.S. merchants increased by over 400% YoY, and a similar trend is to be seen in other countries. Moreover, it is growing Wish Local, a service connecting local businesses to the platform, accounting for 7% of all Wish orders. Wish local is mostly (or exclusively) available in the United States and thus increasingly mixes with other products on the website.\nSource: Sensor Tower\nI also like Wish's strategy to engage and retain users by utilizing an AI matching system that optimizes platform growth, user experience, and merchant return on investment. The strategy to create an interactive mobile shopping experience appears to be working well: Impressively, Wish gets over500,000reviews per day from users, surpassing even Amazon and other shopping sites in this regard, demonstrating just about how engaging the platform is. Around 80% of first-time shoppersreturnto buy again.\nWish is, therefore, able to establish itself in the highly competitive E-commerce market that offers a tremendous runway for growth. Currently, around 40% of the E-commerce market share is owned just by Amazon. Compared to Amazon, its TAM may be limited as it concentrates on its lower-income niche, which is how it became popular in the first place. Still, this represents a +$3 trillion market opportunity for Wish to tap into. It is also worth noting that according toreports, Amazon tried to acquire Wish for $10 billion, yet Wish rejected, believing growing the business to $100 billion in annual sales, at which point it would be valued significantly higher.\nNegative Sentiment Baked In\nWish's first two quarters have been slightly disappointing. While the company handily beat revenue estimates, the company burned through over $300 million in cash in order to invest in logistics. More importantly, however, is the fact that MAUs have dropped steadily, which the company blames on de-de-emphasizing advertising and customer acquisition as the company worked through logistics challenges it faced earlier in the year.\n\n\n\nYear\n2020\n2019\n2018\n\n\nRevenue\n$2.54B\n$1.9B\n$1.73B\n\n\nGross Profit\n$1.59B\n$1.46B\n$1.45B\n\n\nSales and Marketing\n$1.71B (+17%)\n$1.46B (-7%)\n$1.57B\n\n\nMAUs\n107M (+19%)\n90M (+10%)\n82M\n\n\nActive Buyers\n64M (+3%)\n62M (-3%)\n64M\n\n\n\n*Growth (Year-over-Year)\nThe largest bear argument against Wish is its high marketing expenses, which account for 60% of its total revenues and over 100% of its gross profits. This is totally fine unless it grows its active buyers through marketing, which unfortunately has not been the case. This is a red flag and questions the long-term sustainability of Wish's business model. However, the company has been close to being cash flow positive, and it stated it already would be profitable if it weren't for its extensive marketing expense. That said, as long as Wish acquires new MAUs and increases value through logistic services, its marketing expenses pay off in the long run. Moreover, as a percentage of total revenues, Wish's marketing expenses have dropped to 60%, down from 67% in the year prior.\nSource: Wish IR\nIn terms of the outlook, this is what the company is essentially stressing. It believes marketing expenses can decrease to 40-45%, leading to EBITDA margins of 25% at the midpoint range. If it achieves these ambitious goals (which is very well possible), its profitability margins would be similar to those of eBay or MercadoLibre(NASDAQ:MELI). In either way, Wish's business model is not perfect, but all these concerns are more than baked in its current valuation, IMO (In My Opinion).\nData byYCharts\nEven after the latest +50% rise, shares are still trailing far behind peers such as Poshmark(NASDAQ:POSH), eBay, Amazon, and (Shopify(NYSE:SHOP)). At over $3 billion estimated revenues, Wish is trading at just 1.8x Price to Sales, just half of eBay's current valuation and much lower than Poshmark. Current estimates are calling for over $6 billion in revenues by 2025 and $1 billion in free cash flow, meaning that Wish trades at just 7x free cash flow estimates, or 1 times sales. In early 2021, its P/S ratio stood closer to 5x, so there is potential for a valuation expansion.\nWhat about the Lawsuits?\nPerhaps you've seen the news (especially on Yahoo Finance) regarding the class actionlawsuits. These lawsuits are extensively posted to remind investors of recovering incurred losses after its share price dropped in recent months. Such lawsuits are not unusual when stocks drop sharply in a short period of time and are likely of no concern to investors. These lawsuits have also included companies such asCloverHealth(NASDAQ:CLOV), Skillz(NYSE:SKLZ), Array Technologies(NASDAQ:ARRY), etc.\nShort Interest - Still High\nSource: Fintel\nWish has gained significant attraction from retail investors, as investors were looking for the next big short squeeze. Since most of Wish's shares have still been locked up, its exact short ratio was difficult to estimate. According to Seeking Alpha, the current short ratio stands at just 7%, but the figure is likely higher. Last week, its short interest as a percent of its equity float stood at roughly 48%, according to Bloomberg Terminal data. Other sources such as Fintel pin the current short volume at 20-30%. Now, it's difficult to give an exact estimate, but generally speaking, it's probably somewhere within this range, and many short calls are still to be covered. In the long term, the high-short interest could be an advantage, leading to a quicker acceleration if the stock begins trending upwards.\nThe Bottom Line\nI believe that Wish remains one of the most underappreciated assets within e-commerce, boasting over 100 million monthly users on its platform and connecting thousands of merchants from all over the world. The mobile shopping app continues to be one of the top downloaded shopping apps in the space and has a unique value proposition, which is smarter than it appears at first sight. Moreover, its latestpartnershipwith PrestaShop will give over 300,000 merchants free access to a direct integration that connects them directly to Wish's merchant dashboard, further driving growth. While there are risks to Wish's imperfect business model, such as lagging profitability, patient investors could be rewarded mightily.","news_type":1,"symbols_score_info":{"WISH":0.9}},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375779853,"gmtCreate":1619399435772,"gmtModify":1634273813949,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"Majority of the comments are \"like and comment\" there seems to be little value. @Tigerbrokers is that the goal that you are trying to achieve?&nbsp;","listText":"Majority of the comments are \"like and comment\" there seems to be little value. @Tigerbrokers is that the goal that you are trying to achieve?&nbsp;","text":"Majority of the comments are \"like and comment\" there seems to be little value. @Tigerbrokers is that the goal that you are trying to achieve?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/375779853","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372787021,"gmtCreate":1619243649463,"gmtModify":1634287468599,"author":{"id":"3580300192386766","authorId":"3580300192386766","name":"ParableTalen","avatar":"https://static.tigerbbs.com/94daa928259bc550d0ee26f23a953bb8","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580300192386766","idStr":"3580300192386766"},"themes":[],"htmlText":"If it keeps going up, like all big companies, it will split. So always ready some cash.","listText":"If it keeps going up, like all big companies, it will split. So always ready some cash.","text":"If it keeps going up, like all big companies, it will split. So always ready some cash.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/372787021","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}