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2021-12-22

[Surprised]

Stocks trade mixed after rally, with tech under pressure<blockquote>股市反弹后涨跌互现，科技股承压</blockquote>

2021-12-22

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Nvidia: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</blockquote>

2021-12-21

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Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote>

2021-12-09

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Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>

2021-12-05

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2021-12-04

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2021-12-02

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Singapore ride-hailing firm Grab spikes 18% on its first day of trading<blockquote>新加坡网约车公司Grab首日交易飙升18%</blockquote>

2021-12-01

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2021-11-29

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Merck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</blockquote>

2021-11-26

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10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</blockquote>

2021-11-24

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2021-11-18

Like pls

Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</blockquote>

2021-11-17

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2021-11-16

Meta

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2021-11-16

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Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>

2021-11-14

[Surprised]

Nvidia Stock Is Downgraded. What Does Wedbush See That Others Don't?<blockquote>英伟达股票评级被下调。韦德布什看到了什么别人看不到的？</blockquote>

2021-11-13

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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>

2021-11-12

[Miser]

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

2021-11-12

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2021-11-12

[Allin]

Is Beyond Meat's Stock Overvalued Or Undervalued?<blockquote>Beyond Meat的股票是被高估还是被低估？</blockquote>

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The S&amp;P 500, Dow and Nasdaq opened in slightly negative territory.</p><p><blockquote>周三股市涨跌互现，周二盘中企稳，主要股指在连续三个交易日下跌后反弹。标普500、道琼斯指数和纳斯达克指数开盘小幅下跌。</blockquote></p><p> With trading volume relatively light during the holiday-shortened week, investors have continued to assess a multitude of developments on the Omicron variant and its potential impact on economic activity. These updates have come alongside expectations for tighter monetary policy next year from the Federal Reserve.</p><p><blockquote>由于假期缩短的一周交易量相对清淡，投资者继续评估奥密克戎变体的众多发展及其对经济活动的潜在影响。这些更新伴随着美联储明年收紧货币政策的预期。</blockquote></p><p> Omicron has overtaken other coronavirus variants to become the dominant strain in the U.S., and now&nbsp;accounts for about three-quarters of new infections.Against this backdrop,President Joe Biden on Tuesday announced a series of new measures to address the virus, including opening additional federal COVID-19 testing and vaccination sites and sending500 million at-home rapid tests&nbsp;to Americans for free beginning next month.</p><p><blockquote>奥密克戎病毒已经超过其他冠状病毒变种，成为美国的主要毒株，目前约占新感染病例的四分之三。在此背景下，乔·拜登总统周二宣布了一系列应对该病毒的新措施，包括开放更多的联邦COVID-19检测和疫苗接种点，以及从下个月开始向美国人免费提供5亿次家庭快速检测。</blockquote></p><p> \"I think this is a perfect time to remind everybody that the market is a leading indicator. So the market is going to go down, the market is going to bottom before the bad news peaks,\" Liz Young, SoFi head of investment strategy, told Yahoo Finance Live on Tuesday. \"We likely haven't heard all of the bad news yet. We certainly haven't hit a peak in the Omicron cases.\"</p><p><blockquote>SoFi投资策略主管Liz Young周二告诉雅虎财经直播：“我认为这是提醒大家市场是领先指标的绝佳时机。因此，市场将会下跌，市场将在坏消息见顶之前触底。”“我们可能还没有听到所有的坏消息。我们的奥密克戎病例肯定还没有达到顶峰。”</blockquote></p><p> \"But what we're seeing in the action [Tuesday] is that, we've had three days of a sell-off. And some of that I think was overdone, especially in a lot of these areas that are positioned to do well in a reopening environment,\" she added. \"You have to have some money in the market in areas that should do well in that particular way. Airlines are one of those, cyclicals are more of those. When we look at the pattern in the market today, I think this makes sense for what's ahead for the next 6 to 12 months.\"</p><p><blockquote>“但我们在（周二）的行动中看到的是，我们已经经历了三天的抛售。我认为其中一些太过分了，特别是在许多有望表现良好的领域。在重新开放的环境中，”她补充道。“你必须在市场上拥有一些资金，投资于应该以这种特定方式表现良好的领域。航空公司就是其中之一，周期性股票更是如此。当我们审视当今市场的模式时，我认为这对于未来6至12个月的未来是有意义的。”</blockquote></p><p> Other strategists agreed that investors should brace for more choppiness heading into the end of the year.</p><p><blockquote>其他策略师一致认为，投资者应该为年底前的更多波动做好准备。</blockquote></p><p> \"I think you naturally are getting a little bit of this bounce after we've had a couple choppy sessions. But also the market is trying to price and digest the new information we're getting here,\" Anna Han, Wells Fargo securities equity strategist,told Yahoo Finance Live on Tuesday.\"We had some news on Build Back Better getting delayed, we have more information on Omicron. These are the things you're seeing combine with low liquidity as we get into year-end, so we're not surprised to see the volatility.\"</p><p><blockquote>富国证券股票策略师Anna Han周二对雅虎财经直播表示：“我认为，在经历了几个波动的交易日之后，你自然会得到一点反弹。但市场也在试图定价和消化我们在这里得到的新信息。”“我们有一些关于重建更好的消息被推迟了，我们有更多关于奥密克戎的信息。当我们进入年底时，你会看到这些情况与低流动性相结合，因此我们对波动性并不感到惊讶。”</blockquote></p><p> During a question and answer session during his remarks Tuesday, Biden said he and Senator Joe Manchin (D., W. Va.) were \"going to get something done\" on the White House's about $1.8 trillion Build Back Better social policy bill. Manchin had told Fox News earlier this week he could not back the legislation in part given persistent inflation concerns, suggesting the bill would be scuttled in absence of support from the moderate Democratic lawmaker.</p><p><blockquote>在周二讲话的问答环节中，拜登表示，他和西弗吉尼亚州民主党参议员乔·曼钦（Joe Manchin）将在白宫约1.8万亿美元的重建更好社会政策法案上“有所作为”。曼钦本周早些时候告诉福克斯新闻，他无法支持这项立法，部分原因是持续存在的通胀担忧，这表明如果没有温和派民主党议员的支持，该法案将被否决。</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 trade mixed after rally, with tech under pressure<blockquote>股市反弹后涨跌互现，科技股承压</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 trade mixed after rally, with tech under pressure<blockquote>股市反弹后涨跌互现，科技股承压</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-22 22:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stocks traded mixed on Wednesday to steady after Tuesday's session, when the major equity indexes rallied after three consecutive sessions of declines. The S&amp;P 500, Dow and Nasdaq opened in slightly negative territory.</p><p><blockquote>周三股市涨跌互现，周二盘中企稳，主要股指在连续三个交易日下跌后反弹。标普500、道琼斯指数和纳斯达克指数开盘小幅下跌。</blockquote></p><p> With trading volume relatively light during the holiday-shortened week, investors have continued to assess a multitude of developments on the Omicron variant and its potential impact on economic activity. These updates have come alongside expectations for tighter monetary policy next year from the Federal Reserve.</p><p><blockquote>由于假期缩短的一周交易量相对清淡，投资者继续评估奥密克戎变体的众多发展及其对经济活动的潜在影响。这些更新伴随着美联储明年收紧货币政策的预期。</blockquote></p><p> Omicron has overtaken other coronavirus variants to become the dominant strain in the U.S., and now&nbsp;accounts for about three-quarters of new infections.Against this backdrop,President Joe Biden on Tuesday announced a series of new measures to address the virus, including opening additional federal COVID-19 testing and vaccination sites and sending500 million at-home rapid tests&nbsp;to Americans for free beginning next month.</p><p><blockquote>奥密克戎病毒已经超过其他冠状病毒变种，成为美国的主要毒株，目前约占新感染病例的四分之三。在此背景下，乔·拜登总统周二宣布了一系列应对该病毒的新措施，包括开放更多的联邦COVID-19检测和疫苗接种点，以及从下个月开始向美国人免费提供5亿次家庭快速检测。</blockquote></p><p> \"I think this is a perfect time to remind everybody that the market is a leading indicator. So the market is going to go down, the market is going to bottom before the bad news peaks,\" Liz Young, SoFi head of investment strategy, told Yahoo Finance Live on Tuesday. \"We likely haven't heard all of the bad news yet. We certainly haven't hit a peak in the Omicron cases.\"</p><p><blockquote>SoFi投资策略主管Liz Young周二告诉雅虎财经直播：“我认为这是提醒大家市场是领先指标的绝佳时机。因此，市场将会下跌，市场将在坏消息见顶之前触底。”“我们可能还没有听到所有的坏消息。我们的奥密克戎病例肯定还没有达到顶峰。”</blockquote></p><p> \"But what we're seeing in the action [Tuesday] is that, we've had three days of a sell-off. And some of that I think was overdone, especially in a lot of these areas that are positioned to do well in a reopening environment,\" she added. \"You have to have some money in the market in areas that should do well in that particular way. Airlines are one of those, cyclicals are more of those. When we look at the pattern in the market today, I think this makes sense for what's ahead for the next 6 to 12 months.\"</p><p><blockquote>“但我们在（周二）的行动中看到的是，我们已经经历了三天的抛售。我认为其中一些太过分了，特别是在许多有望表现良好的领域。在重新开放的环境中，”她补充道。“你必须在市场上拥有一些资金，投资于应该以这种特定方式表现良好的领域。航空公司就是其中之一，周期性股票更是如此。当我们审视当今市场的模式时，我认为这对于未来6至12个月的未来是有意义的。”</blockquote></p><p> Other strategists agreed that investors should brace for more choppiness heading into the end of the year.</p><p><blockquote>其他策略师一致认为，投资者应该为年底前的更多波动做好准备。</blockquote></p><p> \"I think you naturally are getting a little bit of this bounce after we've had a couple choppy sessions. But also the market is trying to price and digest the new information we're getting here,\" Anna Han, Wells Fargo securities equity strategist,told Yahoo Finance Live on Tuesday.\"We had some news on Build Back Better getting delayed, we have more information on Omicron. These are the things you're seeing combine with low liquidity as we get into year-end, so we're not surprised to see the volatility.\"</p><p><blockquote>富国证券股票策略师Anna Han周二对雅虎财经直播表示：“我认为，在经历了几个波动的交易日之后，你自然会得到一点反弹。但市场也在试图定价和消化我们在这里得到的新信息。”“我们有一些关于重建更好的消息被推迟了，我们有更多关于奥密克戎的信息。当我们进入年底时，你会看到这些情况与低流动性相结合，因此我们对波动性并不感到惊讶。”</blockquote></p><p> During a question and answer session during his remarks Tuesday, Biden said he and Senator Joe Manchin (D., W. Va.) were \"going to get something done\" on the White House's about $1.8 trillion Build Back Better social policy bill. Manchin had told Fox News earlier this week he could not back the legislation in part given persistent inflation concerns, suggesting the bill would be scuttled in absence of support from the moderate Democratic lawmaker.</p><p><blockquote>在周二讲话的问答环节中，拜登表示，他和西弗吉尼亚州民主党参议员乔·曼钦（Joe Manchin）将在白宫约1.8万亿美元的重建更好社会政策法案上“有所作为”。曼钦本周早些时候告诉福克斯新闻，他无法支持这项立法，部分原因是持续存在的通胀担忧，这表明如果没有温和派民主党议员的支持，该法案将被否决。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157274137","content_text":"Stocks traded mixed on Wednesday to steady after Tuesday's session, when the major equity indexes rallied after three consecutive sessions of declines. The S&P 500, Dow and Nasdaq opened in slightly negative territory.\nWith trading volume relatively light during the holiday-shortened week, investors have continued to assess a multitude of developments on the Omicron variant and its potential impact on economic activity. These updates have come alongside expectations for tighter monetary policy next year from the Federal Reserve.\nOmicron has overtaken other coronavirus variants to become the dominant strain in the U.S., and now accounts for about three-quarters of new infections.Against this backdrop,President Joe Biden on Tuesday announced a series of new measures to address the virus, including opening additional federal COVID-19 testing and vaccination sites and sending500 million at-home rapid tests to Americans for free beginning next month.\n\"I think this is a perfect time to remind everybody that the market is a leading indicator. So the market is going to go down, the market is going to bottom before the bad news peaks,\" Liz Young, SoFi head of investment strategy, told Yahoo Finance Live on Tuesday. \"We likely haven't heard all of the bad news yet. We certainly haven't hit a peak in the Omicron cases.\"\n\"But what we're seeing in the action [Tuesday] is that, we've had three days of a sell-off. And some of that I think was overdone, especially in a lot of these areas that are positioned to do well in a reopening environment,\" she added. \"You have to have some money in the market in areas that should do well in that particular way. Airlines are one of those, cyclicals are more of those. When we look at the pattern in the market today, I think this makes sense for what's ahead for the next 6 to 12 months.\"\nOther strategists agreed that investors should brace for more choppiness heading into the end of the year.\n\"I think you naturally are getting a little bit of this bounce after we've had a couple choppy sessions. But also the market is trying to price and digest the new information we're getting here,\" Anna Han, Wells Fargo securities equity strategist,told Yahoo Finance Live on Tuesday.\"We had some news on Build Back Better getting delayed, we have more information on Omicron. These are the things you're seeing combine with low liquidity as we get into year-end, so we're not surprised to see the volatility.\"\nDuring a question and answer session during his remarks Tuesday, Biden said he and Senator Joe Manchin (D., W. Va.) were \"going to get something done\" on the White House's about $1.8 trillion Build Back Better social policy bill. Manchin had told Fox News earlier this week he could not back the legislation in part given persistent inflation concerns, suggesting the bill would be scuttled in absence of support from the moderate Democratic lawmaker.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2049,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691801870,"gmtCreate":1640157811998,"gmtModify":1640157812101,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691801870","repostId":"1148139257","repostType":4,"repost":{"id":"1148139257","kind":"news","pubTimestamp":1640156605,"share":"https://www.laohu8.com/m/news/1148139257?lang=zh_CN&edition=full","pubTime":"2021-12-22 15:03","market":"us","language":"en","title":"Nvidia: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148139257","media":"Seeking Alpha","summary":"Summary\n\nNvidia's business and technology is second to none and the company has proven it can create","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Nvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.</li>  <li>Data Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.</li>  <li>But the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.</li>  <li>I'm content holding here but will add at $264 and below.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16229a92c1ab97cde25cb10d9bf33c38\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Mikhail Konoplev/iStock via Getty Images</span></p><p><blockquote><ul><li>英伟达的业务和技术是首屈一指的，该公司已经证明它可以创造和引领多个市场。</li><li>数据中心将在收入方面占据主导地位，这是投资者应该想要的；该部门提高了毛利率。</li><li>但该股的定价处于漫长的增长轨道上，并且不会在证明估值合理所需的时间范围内实现这一目标。</li><li>我满足于持有这里，但将增加264美元及以下。</li></ul><p class=\"t-img-caption\"><span>米哈伊尔·科诺普列夫/iStock来自Getty Images</span></p></blockquote></p><p> It's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.</p><p><blockquote>很难找到一家公司能够在多个市场中主导一个领域。然而，你肯定可以找到在一个市场中主导一个领域的公司。例如，Netflix(NFLX)在电影/节目流媒体领域占据主导地位，但在体育直播或视频游戏领域却不占据主导地位。很难找到一家公司在计算能力等一个领域占据主导地位，同时在游戏、数据中心和专业渲染等不同市场占据主导地位。但是，英伟达(NVDA)非常符合这一要求。其专业计算能力领域已变得无与伦比，通过创造新技术和用例以惊人的速度增长收入。这正在推动加速增长，随着其数据中心部门准备接管公司，这在市场上获得了丰厚的回报。但即便如此，我也无法证明以如此高的估值为其付费是合理的。</blockquote></p><p> Don't get me wrong, I'm not only an avid Nvidia bull - with&nbsp;the record to prove it&nbsp;- but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.</p><p><blockquote>不要误会我的意思，我不仅是一个狂热的英伟达多头——有记录证明了这一点——而且在投资方面也做得很好。它已成为我投资生涯中按百分比计算的最大股票回报之一。而且，正如我很快就会讲到的，英伟达的主导地位不会很快减弱。但是，即便如此，建立300美元以上的头寸也存在更大的风险，因为增长率必须在更长时间内保持较高水平才能与估值相匹配。</blockquote></p><p> <b>Great Business Strength On Two Fronts</b></p><p><blockquote><b>两方面业务实力雄厚</b></blockquote></p><p> Nvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.</p><p><blockquote>过去几个季度，英伟达超出预期并提高指引并不是什么新鲜事。然而，有趣的是，它有能力在供应紧张时期和季节性疲软的季度继续发展游戏部门。这一点在该公司第三季度游戏收入环比增长5.2%的能力中显而易见。不过，管理层预计这种优势将持续下去。据其称，游戏和数据中心将推动第四季度的环比增长。</blockquote></p><p>   <i>We expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.</i>    Nvidia CFO,FQ3 Earnings Call  The key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.</p><p><blockquote><i>我们预计数据中心和游戏将推动环比增长，足以抵消CMP的下降。</i>英伟达首席财务官，第三季度收益看涨期权关键部分是过去几个季度数据中心的增长超过了游戏的增长。因此，如果本季度数据中心自21年第二季度（22年第四季度）以来首次达到或超过游戏收入，我不会感到惊讶。这是因为数据中心的增长在过去两个季度有所回升，超过了游戏的环比增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5aa9ae7f41224f726f309ec9ce84a1a\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达FQ3'22季度收入趋势）</span></p></blockquote></p><p> As the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.</p><p><blockquote>正如次轴上的环比线所示，数据中心自21年第4季度以来增长加速，而游戏增长自22年第1季度以来放缓。FQ2'21的大幅增长与Mellanox收购有关，并且由于我概述的增长始于FQ4'21，因此它变得独立于Mellanox，因为比较是季度/季度而不是年/年。在21年第三季度和22年第一季度之间经历了三个季度的名义环比增长之后尤其如此。</blockquote></p><p> Now, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.</p><p><blockquote>现在，我预计数据中心在22年第四季度的环比增长率不会达到24%或更高，但我确实预计它的增长速度会快于游戏。根据我们从Broadcom(AVGO)和Marvell(MRVL)等其他公司最近的收益中看到的情况，数据中心在今年年底看起来非常强劲。因此，我估计数据中心增长14%，游戏增长5%（环比）。虽然这对两个部门来说都是减速，但如果整个季度的表现超出我的预期，我已经为数据中心留出了空间，以弥补我计算中it和游戏之间3500万美元的差额。</blockquote></p><p></p><p> Digging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.</p><p><blockquote>进一步挖掘，请注意哪个部门的季度/季度增长与毛利率一致。更准确地说，数据中心在it和游戏之间的收入份额构成推动了毛利率趋势（计算为（DC）/（DC+游戏）），如下所示。数据中心跃居第一的位置正是投资者应该想要的，因为它会提高毛利率。Omniverse和元宇宙的故事与更重要的数据中心部门完美契合。这有助于英伟达在过去几年中一直在推动数据中心的增长，远在2019年宣布收购Mellanox之前，因为该公司领先于科技行业为元宇宙需求做好准备所需的曲线。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce95b60f491febf2a5cc611f983de1a3\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's Quarterly Press Releases)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达季度新闻稿）</span></p></blockquote></p><p> These are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.</p><p><blockquote>这些都是英伟达在业务方面表现良好并将继续如此的重要原因。它在两个主要市场都有一定的实力，而且数据中心和PC对GPU的需求也在不断增长。就英伟达的业务而言，它是我最喜欢的业务之一，并且通过其不断改进的技术创造新的用例和终端市场需求的潜力最大。</blockquote></p><p> <b>Where Business Meets Stock</b></p><p><blockquote><b>业务与库存的相遇</b></blockquote></p><p> The points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?</p><p><blockquote>我刚才讨论的要点是为什么该股的估值在过去几个月里飙升——这是对数据中心持续增长和利润率的定价。然而，什么时候估值过高，市场难以承受？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f9cdd482c064248470e0c01e9b9ab90\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> With the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.</p><p><blockquote>由于市销率接近相对历史高位，市场表示预计未来三年收入将继续增长50%。因此，这意味着市场预计共识预期将在未来一年左右大幅上升。因此，该公司必须略高于下面所示的2023年和2024年的“高”预期，才能证明估值合理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cabb94994fe458be597ed0a3260763f\" tg-width=\"640\" tg-height=\"133\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：寻求阿尔法）</span></p></blockquote></p><p> This isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.</p><p><blockquote>对于Nvidia来说，这并非不可能，该公司在过去两年中不断提高标准，但在2024财年（2023年2月才开始，还有一年多一点的时间）收入达到$49.50 B是不可能的。如果没有ARM(ARMH)收购的进行，这种情况就不太可能发生。在这一点上，这种情况不太可能发生，因为来自所有主要国家的反对意见越来越多。</blockquote></p><p> As I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.</p><p><blockquote>正如我已经概述的，英伟达的业务很强大，并且具有相当惊人的潜力，可以比以往任何时候都更深入地推动技术并充分利用它。我对市盈率为30或以上的股票的问题是，它能否从现在开始带来与目前相同的回报？该公司必须证明，它的表现甚至可以超越其提高指引的记录，然后每季度超出指引超过10亿美元（在指引上调和随后超出共识之间），才能达到所需的2024年高数字。</blockquote></p><p> <b>Finding A Level To Add At</b></p><p><blockquote><b>查找要添加的级别</b></blockquote></p><p> I originally shared these thoughts&nbsp;with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.</p><p><blockquote>我最初是在11月24日与我的订阅者分享这些想法的，当时该股的交易价格为每股326美元。该股目前的交易价格约为300美元，下跌了8%，虽然这降低了风险，但该股的风险仍然高于我愿意加仓的风险。随着过去几周高市盈率股票成为抛售目标，英伟达也是受到类似打击的主要目标。</blockquote></p><p> That being said, where am I comfortable to add?</p><p><blockquote>话虽如此，我在哪里可以舒服地添加呢？</blockquote></p><p> A 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.</p><p><blockquote>一开始的混合远期市盈率为20或以下将显着降低风险，同时仍然为Nvidia提供值得持续高增长的市盈率。这意味着股价为210美元。我预计该股不会达到这一目标，除非市场担心增长不稳定或者我们出现市场调整。如果您是绝对规避风险的成长型股票投资者，那么这就是您的目标。</blockquote></p><p> For those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.</p><p><blockquote>对于我们这些风险承受能力稍强的人来说，我会将市盈率定为20，而2023财年的收入预期目前为$31.45 B。这给了我们一个248美元的目标，可以添加。此外，在共识预期的基础上增加小幅上行空间，以考虑到稳定的节拍和加薪，收入预期为$33.5 B（仍低于$34.40 B的最高预期），相当于股价为$264，较周三下跌12%水平。</blockquote></p><p> <b>I'll Be Patient</b></p><p><blockquote><b>我会有耐心的</b></blockquote></p><p></p><p> This doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.</p><p><blockquote>这并不意味着我对该股没有建设性——也许它会继续走高，并且在未来几个月内预期会上调，在这种情况下，我很高兴我持有该股。但事实就是如此。我持有目前的头寸，如果市场允许，我希望在逢低买入。我看好该公司，但不喜欢当前估值带来的风险。</blockquote></p><p> I look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.</p><p><blockquote>如果机会出现，我期待着补充，但如果股票继续走高，我不会感到不安。</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: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</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: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-22 15:03</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>Nvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.</li>  <li>Data Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.</li>  <li>But the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.</li>  <li>I'm content holding here but will add at $264 and below.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16229a92c1ab97cde25cb10d9bf33c38\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Mikhail Konoplev/iStock via Getty Images</span></p><p><blockquote><ul><li>英伟达的业务和技术是首屈一指的，该公司已经证明它可以创造和引领多个市场。</li><li>数据中心将在收入方面占据主导地位，这是投资者应该想要的；该部门提高了毛利率。</li><li>但该股的定价处于漫长的增长轨道上，并且不会在证明估值合理所需的时间范围内实现这一目标。</li><li>我满足于持有这里，但将增加264美元及以下。</li></ul><p class=\"t-img-caption\"><span>米哈伊尔·科诺普列夫/iStock来自Getty Images</span></p></blockquote></p><p> It's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.</p><p><blockquote>很难找到一家公司能够在多个市场中主导一个领域。然而，你肯定可以找到在一个市场中主导一个领域的公司。例如，Netflix(NFLX)在电影/节目流媒体领域占据主导地位，但在体育直播或视频游戏领域却不占据主导地位。很难找到一家公司在计算能力等一个领域占据主导地位，同时在游戏、数据中心和专业渲染等不同市场占据主导地位。但是，英伟达(NVDA)非常符合这一要求。其专业计算能力领域已变得无与伦比，通过创造新技术和用例以惊人的速度增长收入。这正在推动加速增长，随着其数据中心部门准备接管公司，这在市场上获得了丰厚的回报。但即便如此，我也无法证明以如此高的估值为其付费是合理的。</blockquote></p><p> Don't get me wrong, I'm not only an avid Nvidia bull - with&nbsp;the record to prove it&nbsp;- but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.</p><p><blockquote>不要误会我的意思，我不仅是一个狂热的英伟达多头——有记录证明了这一点——而且在投资方面也做得很好。它已成为我投资生涯中按百分比计算的最大股票回报之一。而且，正如我很快就会讲到的，英伟达的主导地位不会很快减弱。但是，即便如此，建立300美元以上的头寸也存在更大的风险，因为增长率必须在更长时间内保持较高水平才能与估值相匹配。</blockquote></p><p> <b>Great Business Strength On Two Fronts</b></p><p><blockquote><b>两方面业务实力雄厚</b></blockquote></p><p> Nvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.</p><p><blockquote>过去几个季度，英伟达超出预期并提高指引并不是什么新鲜事。然而，有趣的是，它有能力在供应紧张时期和季节性疲软的季度继续发展游戏部门。这一点在该公司第三季度游戏收入环比增长5.2%的能力中显而易见。不过，管理层预计这种优势将持续下去。据其称，游戏和数据中心将推动第四季度的环比增长。</blockquote></p><p>   <i>We expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.</i>    Nvidia CFO,FQ3 Earnings Call  The key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.</p><p><blockquote><i>我们预计数据中心和游戏将推动环比增长，足以抵消CMP的下降。</i>英伟达首席财务官，第三季度收益看涨期权关键部分是过去几个季度数据中心的增长超过了游戏的增长。因此，如果本季度数据中心自21年第二季度（22年第四季度）以来首次达到或超过游戏收入，我不会感到惊讶。这是因为数据中心的增长在过去两个季度有所回升，超过了游戏的环比增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5aa9ae7f41224f726f309ec9ce84a1a\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达FQ3'22季度收入趋势）</span></p></blockquote></p><p> As the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.</p><p><blockquote>正如次轴上的环比线所示，数据中心自21年第4季度以来增长加速，而游戏增长自22年第1季度以来放缓。FQ2'21的大幅增长与Mellanox收购有关，并且由于我概述的增长始于FQ4'21，因此它变得独立于Mellanox，因为比较是季度/季度而不是年/年。在21年第三季度和22年第一季度之间经历了三个季度的名义环比增长之后尤其如此。</blockquote></p><p> Now, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.</p><p><blockquote>现在，我预计数据中心在22年第四季度的环比增长率不会达到24%或更高，但我确实预计它的增长速度会快于游戏。根据我们从Broadcom(AVGO)和Marvell(MRVL)等其他公司最近的收益中看到的情况，数据中心在今年年底看起来非常强劲。因此，我估计数据中心增长14%，游戏增长5%（环比）。虽然这对两个部门来说都是减速，但如果整个季度的表现超出我的预期，我已经为数据中心留出了空间，以弥补我计算中it和游戏之间3500万美元的差额。</blockquote></p><p></p><p> Digging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.</p><p><blockquote>进一步挖掘，请注意哪个部门的季度/季度增长与毛利率一致。更准确地说，数据中心在it和游戏之间的收入份额构成推动了毛利率趋势（计算为（DC）/（DC+游戏）），如下所示。数据中心跃居第一的位置正是投资者应该想要的，因为它会提高毛利率。Omniverse和元宇宙的故事与更重要的数据中心部门完美契合。这有助于英伟达在过去几年中一直在推动数据中心的增长，远在2019年宣布收购Mellanox之前，因为该公司领先于科技行业为元宇宙需求做好准备所需的曲线。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce95b60f491febf2a5cc611f983de1a3\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's Quarterly Press Releases)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达季度新闻稿）</span></p></blockquote></p><p> These are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.</p><p><blockquote>这些都是英伟达在业务方面表现良好并将继续如此的重要原因。它在两个主要市场都有一定的实力，而且数据中心和PC对GPU的需求也在不断增长。就英伟达的业务而言，它是我最喜欢的业务之一，并且通过其不断改进的技术创造新的用例和终端市场需求的潜力最大。</blockquote></p><p> <b>Where Business Meets Stock</b></p><p><blockquote><b>业务与库存的相遇</b></blockquote></p><p> The points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?</p><p><blockquote>我刚才讨论的要点是为什么该股的估值在过去几个月里飙升——这是对数据中心持续增长和利润率的定价。然而，什么时候估值过高，市场难以承受？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f9cdd482c064248470e0c01e9b9ab90\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> With the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.</p><p><blockquote>由于市销率接近相对历史高位，市场表示预计未来三年收入将继续增长50%。因此，这意味着市场预计共识预期将在未来一年左右大幅上升。因此，该公司必须略高于下面所示的2023年和2024年的“高”预期，才能证明估值合理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cabb94994fe458be597ed0a3260763f\" tg-width=\"640\" tg-height=\"133\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：寻求阿尔法）</span></p></blockquote></p><p> This isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.</p><p><blockquote>对于Nvidia来说，这并非不可能，该公司在过去两年中不断提高标准，但在2024财年（2023年2月才开始，还有一年多一点的时间）收入达到$49.50 B是不可能的。如果没有ARM(ARMH)收购的进行，这种情况就不太可能发生。在这一点上，这种情况不太可能发生，因为来自所有主要国家的反对意见越来越多。</blockquote></p><p> As I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.</p><p><blockquote>正如我已经概述的，英伟达的业务很强大，并且具有相当惊人的潜力，可以比以往任何时候都更深入地推动技术并充分利用它。我对市盈率为30或以上的股票的问题是，它能否从现在开始带来与目前相同的回报？该公司必须证明，它的表现甚至可以超越其提高指引的记录，然后每季度超出指引超过10亿美元（在指引上调和随后超出共识之间），才能达到所需的2024年高数字。</blockquote></p><p> <b>Finding A Level To Add At</b></p><p><blockquote><b>查找要添加的级别</b></blockquote></p><p> I originally shared these thoughts&nbsp;with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.</p><p><blockquote>我最初是在11月24日与我的订阅者分享这些想法的，当时该股的交易价格为每股326美元。该股目前的交易价格约为300美元，下跌了8%，虽然这降低了风险，但该股的风险仍然高于我愿意加仓的风险。随着过去几周高市盈率股票成为抛售目标，英伟达也是受到类似打击的主要目标。</blockquote></p><p> That being said, where am I comfortable to add?</p><p><blockquote>话虽如此，我在哪里可以舒服地添加呢？</blockquote></p><p> A 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.</p><p><blockquote>一开始的混合远期市盈率为20或以下将显着降低风险，同时仍然为Nvidia提供值得持续高增长的市盈率。这意味着股价为210美元。我预计该股不会达到这一目标，除非市场担心增长不稳定或者我们出现市场调整。如果您是绝对规避风险的成长型股票投资者，那么这就是您的目标。</blockquote></p><p> For those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.</p><p><blockquote>对于我们这些风险承受能力稍强的人来说，我会将市盈率定为20，而2023财年的收入预期目前为$31.45 B。这给了我们一个248美元的目标，可以添加。此外，在共识预期的基础上增加小幅上行空间，以考虑到稳定的节拍和加薪，收入预期为$33.5 B（仍低于$34.40 B的最高预期），相当于股价为$264，较周三下跌12%水平。</blockquote></p><p> <b>I'll Be Patient</b></p><p><blockquote><b>我会有耐心的</b></blockquote></p><p></p><p> This doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.</p><p><blockquote>这并不意味着我对该股没有建设性——也许它会继续走高，并且在未来几个月内预期会上调，在这种情况下，我很高兴我持有该股。但事实就是如此。我持有目前的头寸，如果市场允许，我希望在逢低买入。我看好该公司，但不喜欢当前估值带来的风险。</blockquote></p><p> I look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.</p><p><blockquote>如果机会出现，我期待着补充，但如果股票继续走高，我不会感到不安。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4475654-nvidia-data-center-will-dominate-wait-these-prices\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4475654-nvidia-data-center-will-dominate-wait-these-prices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148139257","content_text":"Summary\n\nNvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.\nData Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.\nBut the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.\nI'm content holding here but will add at $264 and below.\n\nMikhail Konoplev/iStock via Getty Images\nIt's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.\nDon't get me wrong, I'm not only an avid Nvidia bull - with the record to prove it - but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.\nGreat Business Strength On Two Fronts\nNvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.\n\nWe expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.\n\n\n Nvidia CFO,FQ3 Earnings Call\n\nThe key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.\n(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)\nAs the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.\nNow, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.\nDigging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.\n(Source: Chart mine, data from Nvidia's Quarterly Press Releases)\nThese are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.\nWhere Business Meets Stock\nThe points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?\nData by YCharts\nWith the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.\n(Source: Seeking Alpha)\nThis isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.\nAs I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.\nFinding A Level To Add At\nI originally shared these thoughts with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.\nThat being said, where am I comfortable to add?\nA 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.\nFor those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.\nI'll Be Patient\nThis doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.\nI look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":3802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691066968,"gmtCreate":1640099005879,"gmtModify":1640099005962,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/691066968","repostId":"1148529089","repostType":4,"repost":{"id":"1148529089","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":1640098401,"share":"https://www.laohu8.com/m/news/1148529089?lang=zh_CN&edition=full","pubTime":"2021-12-21 22:53","market":"us","language":"en","title":"Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148529089","media":"Tiger Newspress","summary":"Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.\nPfizer","content":"<p>Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more&nbsp;than 10%.</p><p><blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote></p><p> Pfizer&nbsp;fell&nbsp;more&nbsp;than&nbsp;5%,&nbsp;Novavax&nbsp;fell&nbsp;nearly&nbsp;10%.<img src=\"https://static.tigerbbs.com/8965c7ba2ab9d4149e37dd1a91113e13\" tg-width=\"717\" tg-height=\"600\" width=\"100%\" height=\"auto\"></p><p><blockquote>辉瑞跌超5%，诺瓦瓦克斯跌近10%。</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>Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</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\">\nVaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-21 22:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more&nbsp;than 10%.</p><p><blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote></p><p> Pfizer&nbsp;fell&nbsp;more&nbsp;than&nbsp;5%,&nbsp;Novavax&nbsp;fell&nbsp;nearly&nbsp;10%.<img src=\"https://static.tigerbbs.com/8965c7ba2ab9d4149e37dd1a91113e13\" tg-width=\"717\" tg-height=\"600\" width=\"100%\" height=\"auto\"></p><p><blockquote>辉瑞跌超5%，诺瓦瓦克斯跌近10%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc.","NVAX":"诺瓦瓦克斯医药","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148529089","content_text":"Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.\nPfizer fell more than 5%, Novavax fell nearly 10%.","news_type":1,"symbols_score_info":{"NVAX":0.9,"PFE":0.9,"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":2194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602418834,"gmtCreate":1639056186056,"gmtModify":1639056343190,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602418834","repostId":"1163175495","repostType":4,"repost":{"id":"1163175495","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":1639056901,"share":"https://www.laohu8.com/m/news/1163175495?lang=zh_CN&edition=full","pubTime":"2021-12-09 21:35","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163175495","media":"Tiger Newspress","summary":"U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.\nAt 8:34 ","content":"<p>U.S.&nbsp;stock-index futures hold solid losses after initial jobless claims come in at 184,000.</p><p><blockquote>首次申请失业救济人数达到184,000人后，美国股指期货继续下跌。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&amp;P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis下跌168点，跌幅0.47%，标普500 e-minis下跌21点，跌幅0.45%，纳斯达克100 e-minis下跌80.5点，跌幅0.49%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e48b5d3abdc91abde117585acac09b40\" tg-width=\"401\" tg-height=\"184\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Weekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.</p><p><blockquote>美国劳工部周四报告称，随着美国就业市场走出大流行时期的困境，上周每周申请失业救济人数大幅下降，创下52年来的新低。</blockquote></p><p> Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.</p><p><blockquote>截至12月4日当周，首次申请失业保险的人数为184,000人，是自1969年9月6日（182,000人）以来的最低水平。</blockquote></p><p> Initial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.</p><p><blockquote>根据道琼斯经济学家的调查，截至12月4日当周，首次申请失业保险的人数预计为21.1万人。</blockquote></p><p> Meanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.</p><p><blockquote>与此同时，一项避免美国债务违约并提高联邦政府28.9万亿美元债务上限的协议将于周四在参议院接受测试，届时众议院全体成员将就是否批准该措施进行投票。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>GameStop(GME)</b> – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.</p><p><blockquote><b>游戏驿站(GME)</b>-游戏驿站股价在盘前交易中下跌5.6%，此前这家视频游戏零售商公布了与去年同期相比更大的亏损，并披露了美国证券交易委员会8月份发出的涉及其股票交易的传票。</blockquote></p><p> <b>Lucid Group(LCID)</b> – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.</p><p><blockquote><b>Lucid集团(LCID)</b>–电动汽车制造商Lucid宣布发行17.5亿美元的可转换优先票据后，该公司股价在盘前下跌6.5%。</blockquote></p><p> <b>FuboTV(FUBO) </b>– The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.</p><p><blockquote><b>FuboTV（富博）</b>-该视频流媒体公司在摩根大通证券的新报道中被评为“跑赢大盘”，这是基于富博以体育为中心的产品作为差异化因素。该股在盘前上涨2.8%。</blockquote></p><p> <b>CVS Health(CVS)</b> – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.</p><p><blockquote><b>CVS健康(CVS)</b>–这家药店运营商在投资者日之前发布了新的指引，称预计2022年调整后每股利润为8.10美元至8.30美元，而市场普遍预期为8.24美元，营收好于预期。CVS还上调了2021年展望，股价盘前上涨2.6%。</blockquote></p><p> <b>Hormel(HRL)</b> – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.</p><p><blockquote><b>荷美尔(HRL)</b>–这家食品生产商的季度收益为每股51美分，超出预期1美分，收入也超出了华尔街的预期。荷美尔所有业务部门均实现两位数增长，股价在盘前交易中上涨1%。</blockquote></p><p> <b>RH(RH)</b> – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.</p><p><blockquote><b>相对湿度（相对湿度）</b>-该公司前身为Restoration Hardware，报告调整后季度收益为每股7.03美元，比预期高出40美分，而这家豪华家居用品零售商的收入超出预期。RH还上调了收入预期的下限。RH在盘前交易中飙升11%。</blockquote></p><p> <b>Rent The Runway(RENT)</b> – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.</p><p><blockquote><b>租用跑道（Rent）</b>–Rent The Runway在盘前下跌8.2%，此前这家时尚租赁公司公布的亏损幅度超过一年前，且订户数量尚未恢复到大流行前的水平。销售额确实比去年同期猛增了66%。</blockquote></p><p> <b>Apple(AAPL)</b> – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.</p><p><blockquote><b>苹果(AAPL)</b>-苹果赢得了上诉法院的裁决，推迟了对其应用商店的更改。早些时候的一项裁决命令苹果允许开发者在App Store之外提供支付替代方案，源于其与《堡垒之夜》开发商Epic Games的法律纠纷。另外，苹果的估值接近3万亿美元，这一估值将在股价达到182.86美元时实现。</blockquote></p><p> <b>Amazon(AMZN)</b>&nbsp;–&nbsp;Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.</p><p><blockquote><b>亚马逊(AMZN)</b>-意大利反垄断机构周四表示，已对电商巨头亚马逊处以11.3亿欧元（12.8亿美元）的罚款，原因是其涉嫌滥用市场支配地位。</blockquote></p><p> <b>AstraZeneca(AZN)</b> – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.</p><p><blockquote><b>阿斯利康(AZN)</b>-该制药商的Covid-19抗体治疗获得FDA批准，用于无法通过疫苗接种获得足够保护的患者。</blockquote></p><p> <b>LabCorp(LH)</b> – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.</p><p><blockquote><b>LabCorp(LH)</b>–这家医学实验室运营商宣布了一系列提高股东价值的措施，包括在2022年第二季度启动股息以及授权25亿美元的股票回购计划。</blockquote></p><p> <b>UiPath(PATH)</b>&nbsp;–&nbsp;UiPath stock dropped 1.5% in premarket trading&nbsp;even as the “software robots” provider’s quarterly results topped Wall Street expectations.</p><p><blockquote><b>UiPath（路径）</b>-UiPath股价在盘前交易中下跌1.5%，尽管这家“软件机器人”提供商的季度业绩超出了华尔街的预期。</blockquote></p><p> <b>Yum Brands(YUM)</b> – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.</p><p><blockquote><b>百胜餐饮集团(YUM)</b>-大西洋股票(Atlantic Equities)将肯德基、必胜客和塔可钟(Taco Bell)的母公司评级从“中性”上调至“跑赢大盘”，该公司认为这家连锁餐厅的回报可能会上升，而评级百胜是其在快餐店类别中最受欢迎的名称。百胜餐饮盘前上涨1%。</blockquote></p><p> <b>Pear Therapeutics(PEAR)</b>&nbsp;–&nbsp;Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company&nbsp;Pear Therapeutics&nbsp;began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company&nbsp;Thimble Point Acquisition Corp.&nbsp;last week.</p><p><blockquote><b>梨疗法(PEAR)</b>-Pear Therapeutics股价在盘前交易中飙升30%。处方数字治疗公司Pear Therapeutics在上周完成与特殊目的收购公司Thimble Point Acquisition Corp.的合并后，周一开始在纳斯达克交易。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-09 21:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.&nbsp;stock-index futures hold solid losses after initial jobless claims come in at 184,000.</p><p><blockquote>首次申请失业救济人数达到184,000人后，美国股指期货继续下跌。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&amp;P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis下跌168点，跌幅0.47%，标普500 e-minis下跌21点，跌幅0.45%，纳斯达克100 e-minis下跌80.5点，跌幅0.49%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e48b5d3abdc91abde117585acac09b40\" tg-width=\"401\" tg-height=\"184\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Weekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.</p><p><blockquote>美国劳工部周四报告称，随着美国就业市场走出大流行时期的困境，上周每周申请失业救济人数大幅下降，创下52年来的新低。</blockquote></p><p> Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.</p><p><blockquote>截至12月4日当周，首次申请失业保险的人数为184,000人，是自1969年9月6日（182,000人）以来的最低水平。</blockquote></p><p> Initial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.</p><p><blockquote>根据道琼斯经济学家的调查，截至12月4日当周，首次申请失业保险的人数预计为21.1万人。</blockquote></p><p> Meanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.</p><p><blockquote>与此同时，一项避免美国债务违约并提高联邦政府28.9万亿美元债务上限的协议将于周四在参议院接受测试，届时众议院全体成员将就是否批准该措施进行投票。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>GameStop(GME)</b> – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.</p><p><blockquote><b>游戏驿站(GME)</b>-游戏驿站股价在盘前交易中下跌5.6%，此前这家视频游戏零售商公布了与去年同期相比更大的亏损，并披露了美国证券交易委员会8月份发出的涉及其股票交易的传票。</blockquote></p><p> <b>Lucid Group(LCID)</b> – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.</p><p><blockquote><b>Lucid集团(LCID)</b>–电动汽车制造商Lucid宣布发行17.5亿美元的可转换优先票据后，该公司股价在盘前下跌6.5%。</blockquote></p><p> <b>FuboTV(FUBO) </b>– The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.</p><p><blockquote><b>FuboTV（富博）</b>-该视频流媒体公司在摩根大通证券的新报道中被评为“跑赢大盘”，这是基于富博以体育为中心的产品作为差异化因素。该股在盘前上涨2.8%。</blockquote></p><p> <b>CVS Health(CVS)</b> – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.</p><p><blockquote><b>CVS健康(CVS)</b>–这家药店运营商在投资者日之前发布了新的指引，称预计2022年调整后每股利润为8.10美元至8.30美元，而市场普遍预期为8.24美元，营收好于预期。CVS还上调了2021年展望，股价盘前上涨2.6%。</blockquote></p><p> <b>Hormel(HRL)</b> – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.</p><p><blockquote><b>荷美尔(HRL)</b>–这家食品生产商的季度收益为每股51美分，超出预期1美分，收入也超出了华尔街的预期。荷美尔所有业务部门均实现两位数增长，股价在盘前交易中上涨1%。</blockquote></p><p> <b>RH(RH)</b> – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.</p><p><blockquote><b>相对湿度（相对湿度）</b>-该公司前身为Restoration Hardware，报告调整后季度收益为每股7.03美元，比预期高出40美分，而这家豪华家居用品零售商的收入超出预期。RH还上调了收入预期的下限。RH在盘前交易中飙升11%。</blockquote></p><p> <b>Rent The Runway(RENT)</b> – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.</p><p><blockquote><b>租用跑道（Rent）</b>–Rent The Runway在盘前下跌8.2%，此前这家时尚租赁公司公布的亏损幅度超过一年前，且订户数量尚未恢复到大流行前的水平。销售额确实比去年同期猛增了66%。</blockquote></p><p> <b>Apple(AAPL)</b> – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.</p><p><blockquote><b>苹果(AAPL)</b>-苹果赢得了上诉法院的裁决，推迟了对其应用商店的更改。早些时候的一项裁决命令苹果允许开发者在App Store之外提供支付替代方案，源于其与《堡垒之夜》开发商Epic Games的法律纠纷。另外，苹果的估值接近3万亿美元，这一估值将在股价达到182.86美元时实现。</blockquote></p><p> <b>Amazon(AMZN)</b>&nbsp;–&nbsp;Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.</p><p><blockquote><b>亚马逊(AMZN)</b>-意大利反垄断机构周四表示，已对电商巨头亚马逊处以11.3亿欧元（12.8亿美元）的罚款，原因是其涉嫌滥用市场支配地位。</blockquote></p><p> <b>AstraZeneca(AZN)</b> – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.</p><p><blockquote><b>阿斯利康(AZN)</b>-该制药商的Covid-19抗体治疗获得FDA批准，用于无法通过疫苗接种获得足够保护的患者。</blockquote></p><p> <b>LabCorp(LH)</b> – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.</p><p><blockquote><b>LabCorp(LH)</b>–这家医学实验室运营商宣布了一系列提高股东价值的措施，包括在2022年第二季度启动股息以及授权25亿美元的股票回购计划。</blockquote></p><p> <b>UiPath(PATH)</b>&nbsp;–&nbsp;UiPath stock dropped 1.5% in premarket trading&nbsp;even as the “software robots” provider’s quarterly results topped Wall Street expectations.</p><p><blockquote><b>UiPath（路径）</b>-UiPath股价在盘前交易中下跌1.5%，尽管这家“软件机器人”提供商的季度业绩超出了华尔街的预期。</blockquote></p><p> <b>Yum Brands(YUM)</b> – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.</p><p><blockquote><b>百胜餐饮集团(YUM)</b>-大西洋股票(Atlantic Equities)将肯德基、必胜客和塔可钟(Taco Bell)的母公司评级从“中性”上调至“跑赢大盘”，该公司认为这家连锁餐厅的回报可能会上升，而评级百胜是其在快餐店类别中最受欢迎的名称。百胜餐饮盘前上涨1%。</blockquote></p><p> <b>Pear Therapeutics(PEAR)</b>&nbsp;–&nbsp;Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company&nbsp;Pear Therapeutics&nbsp;began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company&nbsp;Thimble Point Acquisition Corp.&nbsp;last week.</p><p><blockquote><b>梨疗法(PEAR)</b>-Pear Therapeutics股价在盘前交易中飙升30%。处方数字治疗公司Pear Therapeutics在上周完成与特殊目的收购公司Thimble Point Acquisition Corp.的合并后，周一开始在纳斯达克交易。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","HRL":"荷美尔","LH":"徕博科","AAPL":"苹果","CVS":"西维斯健康","PATH":"UiPath","PEAR":"Pear Therapeutics","RENT":"Rent the Runway, Inc.","AZN":"阿斯利康","FUBO":"fuboTV Inc.",".IXIC":"NASDAQ Composite","RH":"RH","YUM":"Yum Brands","GME":"游戏驿站",".DJI":"道琼斯","LCID":"Lucid Group Inc","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163175495","content_text":"U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.\nAt 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.\n\nWeekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.\nInitial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.\nInitial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.\nMeanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.\nStocks making the biggest moves premarket: \nGameStop(GME) – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.\nLucid Group(LCID) – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.\nFuboTV(FUBO) – The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.\nCVS Health(CVS) – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.\nHormel(HRL) – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.\nRH(RH) – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.\nRent The Runway(RENT) – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.\nApple(AAPL) – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.\nAmazon(AMZN) – Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.\nAstraZeneca(AZN) – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.\nLabCorp(LH) – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.\nUiPath(PATH) – UiPath stock dropped 1.5% in premarket trading even as the “software robots” provider’s quarterly results topped Wall Street expectations.\nYum Brands(YUM) – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.\nPear Therapeutics(PEAR) – Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company Pear Therapeutics began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company Thimble Point Acquisition Corp. last week.","news_type":1,"symbols_score_info":{"FUBO":0.9,"YMmain":0.9,"NQmain":0.9,"LCID":0.9,"PEAR":0.9,"AZN":0.9,"RENT":0.9,"RH":0.9,".IXIC":0.9,"ESmain":0.9,"AMZN":0.9,"YUM":0.9,"HRL":0.9,".SPX":0.9,"PATH":0.9,"GME":0.9,"AAPL":0.9,"LH":0.9,"CVS":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608602259,"gmtCreate":1638699457452,"gmtModify":1638699457452,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608602259","repostId":"2189576203","repostType":4,"isVote":1,"tweetType":1,"viewCount":2804,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608309718,"gmtCreate":1638612083344,"gmtModify":1638612083344,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/608309718","repostId":"2188853578","repostType":4,"isVote":1,"tweetType":1,"viewCount":3931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603741827,"gmtCreate":1638456159256,"gmtModify":1638456159256,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603741827","repostId":"1122539371","repostType":4,"repost":{"id":"1122539371","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":1638455400,"share":"https://www.laohu8.com/m/news/1122539371?lang=zh_CN&edition=full","pubTime":"2021-12-02 22:30","market":"us","language":"en","title":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading<blockquote>新加坡网约车公司Grab首日交易飙升18%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122539371","media":"Tiger Newspress","summary":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading.\n\nGrab, Southeast Asia's big","content":"<p>Singapore ride-hailing firm Grab spikes 18% on its first day of trading.</p><p><blockquote>新加坡网约车公司Grab首日交易股价飙升18%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/61b479a07f5b168e94fcce83e7ef2cc5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <a href=\"https://laohu8.com/S/GRAB\">Grab</a>, Southeast Asia's biggest ride-hailing and food delivery firm,lists&nbsp;on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/AGC\">Altimeter Growth Corp</a>.</p><p><blockquote><a href=\"https://laohu8.com/S/GRAB\">抓住</a>东南亚最大的网约车和食品配送公司在以400亿美元与特殊目的收购公司(SPAC)合并后于周四在纳斯达克上市<a href=\"https://laohu8.com/S/AGC\">高度计增长公司</a>.</blockquote></p><p> The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.</p><p><blockquote>这笔交易是全球有史以来最大的空白支票公司交易，也是东南亚公司在美国最大的上市交易。</blockquote></p><p> <b>WHAT IS GRAB?</b></p><p><blockquote><b>什么是GRAB？</b></blockquote></p><p> Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.</p><p><blockquote>Grab成立于2012年，是东南亚最大的初创公司，去年估值略高于160亿美元。它最初是马来西亚的出租车服务，现在评级本身已经成为一个“超级应用程序”，后来扩展到食品、杂货和包裹递送以及数字支付、贷款和其他金融服务。</blockquote></p><p> Singapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.</p><p><blockquote>总部位于新加坡的Grab在该地区8个国家的465个城市开展业务，其中印度尼西亚是最大的城市。其与新加坡电信有限公司（STEL.SI）的合资企业去年在新加坡获得了数字银行牌照。</blockquote></p><p> Grab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.</p><p><blockquote>Grab在2018年收购了Uber Technologies Inc(UBER.N)的东南亚业务，成为全球关注的焦点，以换取美国网约车公司入股Grab。</blockquote></p><p> With some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.</p><p><blockquote>Grab拥有约8000名员工，在新加坡、北京、西雅图、孟加拉鲁鲁等地设有技术中心。</blockquote></p><p> <b>WHO'S BACKING GRAB?</b></p><p><blockquote><b>世卫组织的后盾？</b></blockquote></p><p> Early investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.</p><p><blockquote>早期投资者包括日本软银、中国滴滴出行以及风险投资公司Vertex Ventures Holdings和GGV Capital。</blockquote></p><p> Grab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:</p><p><blockquote>Grab在上市前筹集了约120亿美元。投资者范围从风险投资和对冲基金到汽车公司和其他网约车公司，包括：</blockquote></p><p> Uber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..</p><p><blockquote>优步、Booking Holdings Inc、中国投资公司、Coatue Management、高瓴资本、现代汽车公司、景顺有限公司、微软公司、平安资本公司、丰田汽车公司和雅马哈汽车公司..</blockquote></p><p> In the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.</p><p><blockquote>在SPAC交易中，大约有三打投资者加入，包括淡马锡控股、贝莱德、富达国际、阿布扎比的穆巴达拉、马来西亚的Permodalan Nasional Bhd和Altimeter Capital。</blockquote></p><p> <b>WHO'S THE COMPETITION?</b></p><p><blockquote><b>世卫组织是竞争对手？</b></blockquote></p><p> GoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.</p><p><blockquote>GoTo Group由印度尼西亚叫车和送货公司Gojek和当地电子商务领导者Tokopedia合并而成，是Grab最大的竞争对手。</blockquote></p><p> Singapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.</p><p><blockquote>总部位于新加坡的Sea Ltd拥有电子商务、游戏和数字支付业务，还在印度尼西亚大力进军食品配送和金融服务领域。Sea还获得了新加坡的数字银行牌照。</blockquote></p><p> Grab is likely to increasingly start competing with banks as it expands its financial services.</p><p><blockquote>随着Grab扩大其金融服务，它可能会越来越多地开始与银行竞争。</blockquote></p><p> It also competes with such delivery companies as Foodpanda and Deliveroo PLC.</p><p><blockquote>它还与Foodpanda和户户送等快递公司竞争。</blockquote></p><p> <b>WHAT ARE GRAB'S FINANCIALS?</b></p><p><blockquote><b>GRAB的财务状况如何？</b></blockquote></p><p> Grab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.</p><p><blockquote>Grab第三季度营收同比下降9%至1.57亿美元。其调整后的息税折旧摊销前亏损(EBITDA)扩大66%至2.12亿美元。商品总值创下40亿美元的季度纪录。</blockquote></p><p> The delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.</p><p><blockquote>随着越来越多的消费者在疫情期间转向在线食品配送，配送业务已成为最大的细分市场。</blockquote></p><p> Grab forecasts it will turn profitable on an EBITDA basis in 2023.</p><p><blockquote>Grab预测其将于2023年在EBITDA基础上实现盈利。</blockquote></p><p> <b>WHO ARE ITS KEY EXECUTIVES?</b></p><p><blockquote><b>世卫组织是其主要高管？</b></blockquote></p><p> Anthony Tan, 39, is the company's CEO and co-founder.</p><p><blockquote>39岁的Anthony Tan是该公司的首席执行官兼联合创始人。</blockquote></p><p> Fellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.</p><p><blockquote>38岁的联合创始人Tan Hooi Ling负责Grab的运营，包括企业战略和技术。</blockquote></p><p> Both Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.</p><p><blockquote>这两个没有血缘关系的人在哈佛商学院相遇，在那里他们构思了这家叫车公司的想法。</blockquote></p><p> Grab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.</p><p><blockquote>Grab总裁Ming Maa是软银的著名交易撮合者，于2016年加入该公司。</blockquote></p><p> <b>Here are some milestones for the Singapore-headquartered company:</b></p><p><blockquote><b>以下是这家总部位于新加坡的公司的一些里程碑：</b></blockquote></p><p> 2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan</p><p><blockquote>2011年：Anthony Tan和联合创始人Tan Hooi Ling在哈佛商学院创业竞赛计划中创建Grab</blockquote></p><p> 2012: Launches as MyTeksi taxi booking service in Malaysia</p><p><blockquote>2012年：在马来西亚推出MyTeksi出租车预订服务</blockquote></p><p> 2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi</p><p><blockquote>2013年：作为GrabTaxi扩展到菲律宾、泰国、新加坡</blockquote></p><p> April 2014: Announces Series A funding</p><p><blockquote>2014年4月：宣布A轮融资</blockquote></p><p> June 2014: Launches in Indonesia</p><p><blockquote>2014年6月：在印度尼西亚推出</blockquote></p><p> December 2014: Japan's SoftBank&nbsp;invests $250 million in a funding round</p><p><blockquote>2014年12月：日本软银在一轮融资中投资2.5亿美元</blockquote></p><p> August 2015: Becomes a unicorn after $350 million funding round</p><p><blockquote>2015年8月：3.5亿美元融资后成为独角兽</blockquote></p><p> December 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber</p><p><blockquote>2015年12月：宣布与其他与Uber竞争的网约车公司Ola、滴滴和Lyft建立战略合作伙伴关系</blockquote></p><p> January 2016: Rebrands to Grab from GrabTaxi to reflect expanding services</p><p><blockquote>2016年1月：从GrabTaxi更名为Grab，以反映不断扩大的服务</blockquote></p><p> November 2017: Launches GrabPay payments service for third-party transactions</p><p><blockquote>2017年11月：推出GrabPay第三方交易支付服务</blockquote></p><p> March 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder</p><p><blockquote>2018年3月：宣布通过全股交易收购Uber东南亚业务，Uber成为战略股东</blockquote></p><p> May 2018: Pilots GrabFood delivery service</p><p><blockquote>2018年5月：试点GrabFood配送服务</blockquote></p><p> July 2018: Unveils \"superapp\" strategy that provides a range of services under one platform</p><p><blockquote>2018年7月：推出“superapp”战略，在一个平台下提供一系列服务</blockquote></p><p> March 2019: Reaches valuation of about $14 billion</p><p><blockquote>2019年3月：估值达到约140亿美元</blockquote></p><p></p><p> December 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd</p><p><blockquote>2020年12月：与新加坡电信有限公司合作，在新加坡获得数字全面银行牌照</blockquote></p><p> April 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp&nbsp;securing a valuation of nearly $40 billion</p><p><blockquote>2021年4月：同意通过与特殊目的收购公司Altimeter Growth Corp合并在纳斯达克上市，估值近400亿美元</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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It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.</p><p><blockquote>Grab成立于2012年，是东南亚最大的初创公司，去年估值略高于160亿美元。它最初是马来西亚的出租车服务，现在评级本身已经成为一个“超级应用程序”，后来扩展到食品、杂货和包裹递送以及数字支付、贷款和其他金融服务。</blockquote></p><p> Singapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.</p><p><blockquote>总部位于新加坡的Grab在该地区8个国家的465个城市开展业务，其中印度尼西亚是最大的城市。其与新加坡电信有限公司（STEL.SI）的合资企业去年在新加坡获得了数字银行牌照。</blockquote></p><p> Grab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.</p><p><blockquote>Grab在2018年收购了Uber Technologies Inc(UBER.N)的东南亚业务，成为全球关注的焦点，以换取美国网约车公司入股Grab。</blockquote></p><p> With some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.</p><p><blockquote>Grab拥有约8000名员工，在新加坡、北京、西雅图、孟加拉鲁鲁等地设有技术中心。</blockquote></p><p> <b>WHO'S BACKING GRAB?</b></p><p><blockquote><b>世卫组织的后盾？</b></blockquote></p><p> Early investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.</p><p><blockquote>早期投资者包括日本软银、中国滴滴出行以及风险投资公司Vertex Ventures Holdings和GGV Capital。</blockquote></p><p> Grab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:</p><p><blockquote>Grab在上市前筹集了约120亿美元。投资者范围从风险投资和对冲基金到汽车公司和其他网约车公司，包括：</blockquote></p><p> Uber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..</p><p><blockquote>优步、Booking Holdings Inc、中国投资公司、Coatue Management、高瓴资本、现代汽车公司、景顺有限公司、微软公司、平安资本公司、丰田汽车公司和雅马哈汽车公司..</blockquote></p><p> In the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.</p><p><blockquote>在SPAC交易中，大约有三打投资者加入，包括淡马锡控股、贝莱德、富达国际、阿布扎比的穆巴达拉、马来西亚的Permodalan Nasional Bhd和Altimeter Capital。</blockquote></p><p> <b>WHO'S THE COMPETITION?</b></p><p><blockquote><b>世卫组织是竞争对手？</b></blockquote></p><p> GoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.</p><p><blockquote>GoTo Group由印度尼西亚叫车和送货公司Gojek和当地电子商务领导者Tokopedia合并而成，是Grab最大的竞争对手。</blockquote></p><p> Singapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.</p><p><blockquote>总部位于新加坡的Sea Ltd拥有电子商务、游戏和数字支付业务，还在印度尼西亚大力进军食品配送和金融服务领域。Sea还获得了新加坡的数字银行牌照。</blockquote></p><p> Grab is likely to increasingly start competing with banks as it expands its financial services.</p><p><blockquote>随着Grab扩大其金融服务，它可能会越来越多地开始与银行竞争。</blockquote></p><p> It also competes with such delivery companies as Foodpanda and Deliveroo PLC.</p><p><blockquote>它还与Foodpanda和户户送等快递公司竞争。</blockquote></p><p> <b>WHAT ARE GRAB'S FINANCIALS?</b></p><p><blockquote><b>GRAB的财务状况如何？</b></blockquote></p><p> Grab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.</p><p><blockquote>Grab第三季度营收同比下降9%至1.57亿美元。其调整后的息税折旧摊销前亏损(EBITDA)扩大66%至2.12亿美元。商品总值创下40亿美元的季度纪录。</blockquote></p><p> The delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.</p><p><blockquote>随着越来越多的消费者在疫情期间转向在线食品配送，配送业务已成为最大的细分市场。</blockquote></p><p> Grab forecasts it will turn profitable on an EBITDA basis in 2023.</p><p><blockquote>Grab预测其将于2023年在EBITDA基础上实现盈利。</blockquote></p><p> <b>WHO ARE ITS KEY EXECUTIVES?</b></p><p><blockquote><b>世卫组织是其主要高管？</b></blockquote></p><p> Anthony Tan, 39, is the company's CEO and co-founder.</p><p><blockquote>39岁的Anthony Tan是该公司的首席执行官兼联合创始人。</blockquote></p><p> Fellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.</p><p><blockquote>38岁的联合创始人Tan Hooi Ling负责Grab的运营，包括企业战略和技术。</blockquote></p><p> Both Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.</p><p><blockquote>这两个没有血缘关系的人在哈佛商学院相遇，在那里他们构思了这家叫车公司的想法。</blockquote></p><p> Grab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.</p><p><blockquote>Grab总裁Ming Maa是软银的著名交易撮合者，于2016年加入该公司。</blockquote></p><p> <b>Here are some milestones for the Singapore-headquartered company:</b></p><p><blockquote><b>以下是这家总部位于新加坡的公司的一些里程碑：</b></blockquote></p><p> 2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan</p><p><blockquote>2011年：Anthony Tan和联合创始人Tan Hooi Ling在哈佛商学院创业竞赛计划中创建Grab</blockquote></p><p> 2012: Launches as MyTeksi taxi booking service in Malaysia</p><p><blockquote>2012年：在马来西亚推出MyTeksi出租车预订服务</blockquote></p><p> 2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi</p><p><blockquote>2013年：作为GrabTaxi扩展到菲律宾、泰国、新加坡</blockquote></p><p> April 2014: Announces Series A funding</p><p><blockquote>2014年4月：宣布A轮融资</blockquote></p><p> June 2014: Launches in Indonesia</p><p><blockquote>2014年6月：在印度尼西亚推出</blockquote></p><p> December 2014: Japan's SoftBank&nbsp;invests $250 million in a funding round</p><p><blockquote>2014年12月：日本软银在一轮融资中投资2.5亿美元</blockquote></p><p> August 2015: Becomes a unicorn after $350 million funding round</p><p><blockquote>2015年8月：3.5亿美元融资后成为独角兽</blockquote></p><p> December 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber</p><p><blockquote>2015年12月：宣布与其他与Uber竞争的网约车公司Ola、滴滴和Lyft建立战略合作伙伴关系</blockquote></p><p> January 2016: Rebrands to Grab from GrabTaxi to reflect expanding services</p><p><blockquote>2016年1月：从GrabTaxi更名为Grab，以反映不断扩大的服务</blockquote></p><p> November 2017: Launches GrabPay payments service for third-party transactions</p><p><blockquote>2017年11月：推出GrabPay第三方交易支付服务</blockquote></p><p> March 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder</p><p><blockquote>2018年3月：宣布通过全股交易收购Uber东南亚业务，Uber成为战略股东</blockquote></p><p> May 2018: Pilots GrabFood delivery service</p><p><blockquote>2018年5月：试点GrabFood配送服务</blockquote></p><p> July 2018: Unveils \"superapp\" strategy that provides a range of services under one platform</p><p><blockquote>2018年7月：推出“superapp”战略，在一个平台下提供一系列服务</blockquote></p><p> March 2019: Reaches valuation of about $14 billion</p><p><blockquote>2019年3月：估值达到约140亿美元</blockquote></p><p></p><p> December 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd</p><p><blockquote>2020年12月：与新加坡电信有限公司合作，在新加坡获得数字全面银行牌照</blockquote></p><p> April 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp&nbsp;securing a valuation of nearly $40 billion</p><p><blockquote>2021年4月：同意通过与特殊目的收购公司Altimeter Growth Corp合并在纳斯达克上市，估值近400亿美元</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122539371","content_text":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading.\n\nGrab, Southeast Asia's biggest ride-hailing and food delivery firm,lists on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) Altimeter Growth Corp.\nThe deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.\nWHAT IS GRAB?\nFounded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.\nSingapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.\nGrab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.\nWith some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.\nWHO'S BACKING GRAB?\nEarly investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.\nGrab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:\nUber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..\nIn the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.\nWHO'S THE COMPETITION?\nGoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.\nSingapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.\nGrab is likely to increasingly start competing with banks as it expands its financial services.\nIt also competes with such delivery companies as Foodpanda and Deliveroo PLC.\nWHAT ARE GRAB'S FINANCIALS?\nGrab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.\nThe delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.\nGrab forecasts it will turn profitable on an EBITDA basis in 2023.\nWHO ARE ITS KEY EXECUTIVES?\nAnthony Tan, 39, is the company's CEO and co-founder.\nFellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.\nBoth Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.\nGrab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.\nHere are some milestones for the Singapore-headquartered company:\n2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan\n2012: Launches as MyTeksi taxi booking service in Malaysia\n2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi\nApril 2014: Announces Series A funding\nJune 2014: Launches in Indonesia\nDecember 2014: Japan's SoftBank invests $250 million in a funding round\nAugust 2015: Becomes a unicorn after $350 million funding round\nDecember 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber\nJanuary 2016: Rebrands to Grab from GrabTaxi to reflect expanding services\nNovember 2017: Launches GrabPay payments service for third-party transactions\nMarch 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder\nMay 2018: Pilots GrabFood delivery service\nJuly 2018: Unveils \"superapp\" strategy that provides a range of services under one platform\nMarch 2019: Reaches valuation of about $14 billion\nDecember 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd\nApril 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":3765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603118955,"gmtCreate":1638372813056,"gmtModify":1638372813194,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/603118955","repostId":"1116584621","repostType":4,"isVote":1,"tweetType":1,"viewCount":3802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600722486,"gmtCreate":1638199304062,"gmtModify":1638199304150,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600722486","repostId":"1137393357","repostType":4,"repost":{"id":"1137393357","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":1638197348,"share":"https://www.laohu8.com/m/news/1137393357?lang=zh_CN&edition=full","pubTime":"2021-11-29 22:49","market":"us","language":"en","title":"Merck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137393357","media":"Tiger Newspress","summary":"Merck stock dipped more than 4% in morning trading as it was downgraded to neutral from buy by Citi ","content":"<p>Merck stock dipped more than 4% in morning trading&nbsp;as&nbsp;it&nbsp;was downgraded to neutral from buy by Citi Research.</p><p><blockquote>花旗研究部将默克股票评级从买入下调至中性，早盘交易中下跌超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/921cc70c00deb0f565b98bc2a7218479\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Disappointing results for some major drugs has limited the upside for&nbsp;Merck’s stock, according to Citi.</p><p><blockquote>花旗表示，一些主要药物令人失望的业绩限制了默克股票的上涨空间。</blockquote></p><p> Analyst Andrew Baum downgraded Merck to neutral from buy, saying in a note to clients on Monday that development struggles for the company’s HIV drug islatravir was taking a bite out of Merck’s long-term potential.</p><p><blockquote>分析师安德鲁·鲍姆(Andrew Baum)将默克公司的评级从买入下调至中性，他在周一给客户的一份报告中表示，该公司艾滋病毒药物islatravir的开发困难正在削弱默克公司的长期潜力。</blockquote></p><p> “Our long-standing investment thesis on MRK was based on underappreciation of MRK’s pipeline, especially islatravir for HIV to help to offset the forthcoming Keytruda [loss of exclusivity] ... We have removed our $4bn risk adjusted 2030 estimate from our model, reducing our EPS estimates up to 10%,” the note said.</p><p><blockquote>“我们对MRK的长期投资论点是基于对MRK产品线的低估，尤其是用于艾滋病毒的islatravir，以帮助抵消即将推出的Keytruda[排他性丧失]……我们已从模型中删除了40亿美元的风险调整后2030年估计，减少了我们的每股收益预期高达10%，”该报告称。</blockquote></p><p> Citi cut its price target on Merck to $85 per share from $105. The new target is about 7% above where the stock closed on Friday.</p><p><blockquote>花旗将默克的目标价从每股105美元下调至85美元。新目标比该股周五收盘价高出约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>Merck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</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\">\nMerck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-29 22:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Merck stock dipped more than 4% in morning trading&nbsp;as&nbsp;it&nbsp;was downgraded to neutral from buy by Citi Research.</p><p><blockquote>花旗研究部将默克股票评级从买入下调至中性，早盘交易中下跌超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/921cc70c00deb0f565b98bc2a7218479\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Disappointing results for some major drugs has limited the upside for&nbsp;Merck’s stock, according to Citi.</p><p><blockquote>花旗表示，一些主要药物令人失望的业绩限制了默克股票的上涨空间。</blockquote></p><p> Analyst Andrew Baum downgraded Merck to neutral from buy, saying in a note to clients on Monday that development struggles for the company’s HIV drug islatravir was taking a bite out of Merck’s long-term potential.</p><p><blockquote>分析师安德鲁·鲍姆(Andrew Baum)将默克公司的评级从买入下调至中性，他在周一给客户的一份报告中表示，该公司艾滋病毒药物islatravir的开发困难正在削弱默克公司的长期潜力。</blockquote></p><p> “Our long-standing investment thesis on MRK was based on underappreciation of MRK’s pipeline, especially islatravir for HIV to help to offset the forthcoming Keytruda [loss of exclusivity] ... We have removed our $4bn risk adjusted 2030 estimate from our model, reducing our EPS estimates up to 10%,” the note said.</p><p><blockquote>“我们对MRK的长期投资论点是基于对MRK产品线的低估，尤其是用于艾滋病毒的islatravir，以帮助抵消即将推出的Keytruda[排他性丧失]……我们已从模型中删除了40亿美元的风险调整后2030年估计，减少了我们的每股收益预期高达10%，”该报告称。</blockquote></p><p> Citi cut its price target on Merck to $85 per share from $105. The new target is about 7% above where the stock closed on Friday.</p><p><blockquote>花旗将默克的目标价从每股105美元下调至85美元。新目标比该股周五收盘价高出约7%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRK":"默沙东"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137393357","content_text":"Merck stock dipped more than 4% in morning trading as it was downgraded to neutral from buy by Citi Research.\n\nDisappointing results for some major drugs has limited the upside for Merck’s stock, according to Citi.\nAnalyst Andrew Baum downgraded Merck to neutral from buy, saying in a note to clients on Monday that development struggles for the company’s HIV drug islatravir was taking a bite out of Merck’s long-term potential.\n“Our long-standing investment thesis on MRK was based on underappreciation of MRK’s pipeline, especially islatravir for HIV to help to offset the forthcoming Keytruda [loss of exclusivity] ... We have removed our $4bn risk adjusted 2030 estimate from our model, reducing our EPS estimates up to 10%,” the note said.\nCiti cut its price target on Merck to $85 per share from $105. The new target is about 7% above where the stock closed on Friday.","news_type":1,"symbols_score_info":{"MRK":0.9}},"isVote":1,"tweetType":1,"viewCount":4383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877298636,"gmtCreate":1637932890141,"gmtModify":1637932890141,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/877298636","repostId":"1102543087","repostType":4,"repost":{"id":"1102543087","kind":"news","pubTimestamp":1637932443,"share":"https://www.laohu8.com/m/news/1102543087?lang=zh_CN&edition=full","pubTime":"2021-11-26 21:14","market":"us","language":"en","title":"10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102543087","media":"Benzinga","summary":"Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers ","content":"<p><div> Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers shares fell 4.3% to $100.29 in pre-market trading. Credit Suisse boosted the price target for Deere ...</p><p><blockquote><div>Telsey Advisory Group将Signet Jewelers Limited的目标价从94美元上调至110美元。Signet Jewelers股价在盘前交易中下跌4.3%，至100.29美元。瑞士信贷提高了Deere的目标价...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</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\">\n10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-11-26 21:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers shares fell 4.3% to $100.29 in pre-market trading. Credit Suisse boosted the price target for Deere ...</p><p><blockquote><div>Telsey Advisory Group将Signet Jewelers Limited的目标价从94美元上调至110美元。Signet Jewelers股价在盘前交易中下跌4.3%，至100.29美元。瑞士信贷提高了Deere的目标价...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">Benzinga</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":{"SIG":"西格内特珠宝","TJX":"The TJX Companies Inc.","ILPT":"Industrial Logistics Properties Trust","DE":"迪尔股份有限公司","COR":"CENCORA","WMG":"华纳音乐","SY":"新氧","SPG":"西蒙地产","NAT":"Nordic American Tanker","DLTR":"美元树公司"},"source_url":"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102543087","content_text":"Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers shares fell 4.3% to $100.29 in pre-market trading.\nCredit Suisse boosted the price target for Deere & Company from $441 to $463. Deere shares fell 2.4% to $359.00 in pre-market trading.\nMorgan Stanley boosted Dollar Tree, Inc. price target from $125 to $150. Dollar Tree shares fell 1.3% to $144.64 in pre-market trading.\nNeedham cut the price target on So-Young International Inc. from $14 to $9. So-Young International shares fell 1.6% to $4.23 in pre-market trading.\nArgus Research raised The TJX Companies, Inc. price target from $86 to $88. TJX shares fell 2.3% to $69.84 in pre-market trading.\nRBC Capital lowered Industrial Logistics Properties Trust price target from $28 to $25. Industrial Logistics Properties Trust shares gained 3.1% to close at $23.31 on Wednesday.\nJefferies lowered the price target on Nordic American Tankers Limited from $2.75 to $2.25. Nordic American Tankers shares rose 0.5% to close at $1.92 on Wednesday.\nRBC Capital boosted CoreSite Realty Corporation price target from $136 to $170. CoreSite Realty shares rose 0.3% to close at $171.23 on Wednesday.\nCredit Suisse raised the price target on Warner Music Group Corp. from $48 to $50. Warner Music shares fell 0.3% to $42.85 in pre-market trading.\nArgus Research increased the price target for Simon Property Group, Inc. from $142 to $180. Simon Property shares fell 4.2% to $161.90 in pre-market trading.","news_type":1,"symbols_score_info":{"NAT":0.9,"ILPT":0.9,"SY":0.9,"DE":0.9,"DLTR":0.9,"COR":0.9,"SPG":0.9,"SIG":0.9,"WMG":0.9,"TJX":0.9}},"isVote":1,"tweetType":1,"viewCount":3869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874630689,"gmtCreate":1637765081203,"gmtModify":1637765107261,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874630689","repostId":"1119170686","repostType":4,"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876905359,"gmtCreate":1637247622317,"gmtModify":1637247622362,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876905359","repostId":"1151782109","repostType":4,"repost":{"id":"1151782109","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":1637247001,"share":"https://www.laohu8.com/m/news/1151782109?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:50","market":"us","language":"en","title":"Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151782109","media":"Tiger Newspress","summary":"Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.Rivian's stoc","content":"<p>Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.<img src=\"https://static.tigerbbs.com/0408a3edb336253917351f40d53e9499\" tg-width=\"768\" tg-height=\"568\" width=\"100%\" height=\"auto\">Rivian's stock price plunged 15% to close at $146.07 on Wednesday, shares at&nbsp;one&nbsp;point on Tuesday were more than double the company's IPO pricing of $78 from last week. The stock hit an intraday high of $179.47onTuesday.</p><p><blockquote>Rivian继周三暴跌15.1%后，早盘继续下跌超过10%。Rivian股价周三暴跌15%，收于146.07美元，周二股价一度较上周该公司78美元的IPO定价高出一倍多。该股周二触及179.47美元的盘中高点。</blockquote></p><p> For perspective, Rivian's market cap at its peak eclipsed that of auto giant Volkswagen. Rivian has barely shipped any of its electric trucks, and has lost more than $2.4 billion from 2019 through 2021.</p><p><blockquote>从长远来看，Rivian的市值在巅峰时期超过了汽车巨头大众汽车。Rivian几乎没有出货任何电动卡车，从2019年到2021年损失超过24亿美元。</blockquote></p><p> Some strategists like Maley thought&nbsp;the eye-popping gains in Rivian and Lucid underscore the continued high levels of liquidity in the market, in large part fueled by low interest rates.</p><p><blockquote>马利等一些策略师认为，Rivian和Lucid令人瞠目结舌的涨幅凸显了市场流动性持续高水平，这在很大程度上是由低利率推动的。</blockquote></p><p> Maley&nbsp;explained, \"Just like 1999 when Amazon [stock] got way, way, way ahead of itself — it's a great company and changed the world — but the stock had to come down. I am not saying we are going to have the same problems next year that we had in 200 with a major bear market. But this market is being run by liquidity, and much less so than on economic growth or earnings growth. This liquidity is going to become less plentiful and people need to be preparing for how they will react when this market starts to come down at point. It's inevitable, and I think will come down at some point in the next 12 months.\"</p><p><blockquote>马利解释说，“就像1999年亚马逊（股票）远远领先于自己——它是一家伟大的公司，改变了世界——但股票不得不下跌。我并不是说我们会遇到同样的问题明年我们会遇到200年大熊市时遇到的问题。但这个市场是由流动性驱动的，而不是经济增长或盈利增长。这种流动性将变得不那么充裕，人们需要准备好当市场开始下跌时他们将如何反应。这是不可避免的，我认为它会在未来12个月的某个时候下降。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</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\">\nRivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:50</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.<img src=\"https://static.tigerbbs.com/0408a3edb336253917351f40d53e9499\" tg-width=\"768\" tg-height=\"568\" width=\"100%\" height=\"auto\">Rivian's stock price plunged 15% to close at $146.07 on Wednesday, shares at&nbsp;one&nbsp;point on Tuesday were more than double the company's IPO pricing of $78 from last week. The stock hit an intraday high of $179.47onTuesday.</p><p><blockquote>Rivian继周三暴跌15.1%后，早盘继续下跌超过10%。Rivian股价周三暴跌15%，收于146.07美元，周二股价一度较上周该公司78美元的IPO定价高出一倍多。该股周二触及179.47美元的盘中高点。</blockquote></p><p> For perspective, Rivian's market cap at its peak eclipsed that of auto giant Volkswagen. Rivian has barely shipped any of its electric trucks, and has lost more than $2.4 billion from 2019 through 2021.</p><p><blockquote>从长远来看，Rivian的市值在巅峰时期超过了汽车巨头大众汽车。Rivian几乎没有出货任何电动卡车，从2019年到2021年损失超过24亿美元。</blockquote></p><p> Some strategists like Maley thought&nbsp;the eye-popping gains in Rivian and Lucid underscore the continued high levels of liquidity in the market, in large part fueled by low interest rates.</p><p><blockquote>马利等一些策略师认为，Rivian和Lucid令人瞠目结舌的涨幅凸显了市场流动性持续高水平，这在很大程度上是由低利率推动的。</blockquote></p><p> Maley&nbsp;explained, \"Just like 1999 when Amazon [stock] got way, way, way ahead of itself — it's a great company and changed the world — but the stock had to come down. I am not saying we are going to have the same problems next year that we had in 200 with a major bear market. But this market is being run by liquidity, and much less so than on economic growth or earnings growth. This liquidity is going to become less plentiful and people need to be preparing for how they will react when this market starts to come down at point. It's inevitable, and I think will come down at some point in the next 12 months.\"</p><p><blockquote>马利解释说，“就像1999年亚马逊（股票）远远领先于自己——它是一家伟大的公司，改变了世界——但股票不得不下跌。我并不是说我们会遇到同样的问题明年我们会遇到200年大熊市时遇到的问题。但这个市场是由流动性驱动的，而不是经济增长或盈利增长。这种流动性将变得不那么充裕，人们需要准备好当市场开始下跌时他们将如何反应。这是不可避免的，我认为它会在未来12个月的某个时候下降。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151782109","content_text":"Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.Rivian's stock price plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company's IPO pricing of $78 from last week. The stock hit an intraday high of $179.47onTuesday.\nFor perspective, Rivian's market cap at its peak eclipsed that of auto giant Volkswagen. Rivian has barely shipped any of its electric trucks, and has lost more than $2.4 billion from 2019 through 2021.\nSome strategists like Maley thought the eye-popping gains in Rivian and Lucid underscore the continued high levels of liquidity in the market, in large part fueled by low interest rates.\nMaley explained, \"Just like 1999 when Amazon [stock] got way, way, way ahead of itself — it's a great company and changed the world — but the stock had to come down. I am not saying we are going to have the same problems next year that we had in 200 with a major bear market. But this market is being run by liquidity, and much less so than on economic growth or earnings growth. This liquidity is going to become less plentiful and people need to be preparing for how they will react when this market starts to come down at point. It's inevitable, and I think will come down at some point in the next 12 months.\"","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878189262,"gmtCreate":1637159655912,"gmtModify":1637159655912,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878189262","repostId":"1183454063","repostType":4,"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871294288,"gmtCreate":1637072610004,"gmtModify":1637072610089,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Meta","listText":"Meta","text":"Meta","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871294288","repostId":"1196231262","repostType":4,"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871292002,"gmtCreate":1637072435111,"gmtModify":1637072435190,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871292002","repostId":"1108871969","repostType":4,"repost":{"id":"1108871969","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":1637067845,"share":"https://www.laohu8.com/m/news/1108871969?lang=zh_CN&edition=full","pubTime":"2021-11-16 21:04","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108871969","media":"Tiger Newspress","summary":"Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of th","content":"<p>Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.<img src=\"https://static.tigerbbs.com/0a1b581989afad06f07b7a1874224263\" tg-width=\"1080\" tg-height=\"507\" width=\"100%\" height=\"auto\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;1&nbsp;point, or 0.02%, Nasdaq 100 e-minis&nbsp;were up&nbsp;0.75&nbsp;point, and Dow e-minis&nbsp; were&nbsp;up&nbsp;54&nbsp;points, or 0.15%.</p><p><blockquote>周二上午，在几家主要零售商公布季度收益后，交易员等待有关消费者状况的关键新经济数据，股指期货上涨。截至美国东部时间上午8:00，标普500 e-minis上涨1点，涨幅0.02%，纳斯达克100 e-minis上涨0.75点，道指e-minis上涨54点，涨幅0.15%。</blockquote></p><p> Investors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.</p><p><blockquote>投资者将于周二上午晚些时候收到商务部的月度零售销售数据，这将有助于显示消费者进入假日购物季的动力有多大。根据彭博社的共识数据，预计10月份零售额较9月份增长1.5%，较上月的0.7%有所加快。</blockquote></p><p> As usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.</p><p><blockquote>与往常一样，鉴于消费约占美国经济活动的三分之二，该报告将作为整体经济实力的指标受到密切关注。</blockquote></p><p> Earnings results from retail juggernaut <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> underscored solid shopping trends among American consumers. The company's&nbsp;closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.</p><p><blockquote>零售巨头的盈利结果<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>凸显了美国消费者稳健的购物趋势。根据彭博社的共识数据，该公司备受关注的美国第三季度可比同店销售额比去年增长9.2%，比2019年同期增长15.6%，超过了7%的增长预期。尽管越来越多的消费者重新开始亲自购物，但电子商务销售额也保持增长，增长了8%，好于预期，而预期为1.9%。报告发布后，沃尔玛股价早盘上涨，塔吉特(Target)和好市多(Costco)等同行股价也随之上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a>, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>与此同时，家得宝首席执行官克雷格·梅尼尔(Craig Menear)在家得宝(Home Depot)的财报中表示，该公司的销售和盈利业绩也好于预期，因为该公司继续看到“家居装修需求增加”。可比销售额增长6.1%，而预期增长1.5%，该股在盘前交易中收于历史新高。</blockquote></p><p> These reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&amp;P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.</p><p><blockquote>这些报告是在已经异常强劲的财报季结束时发布的。FactSet的数据显示，截至周五，92%的标普500公司公布了实际业绩，其中81%的公司公布了好于预期的盈利业绩。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> – <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>–<a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>每股超出预期1美分，季度收益为每股25美分。这家云计算公司的收入也超出了华尔街的预期。这是Rackspace连续第八个季度收入增长，该公司表示，它在蓬勃发展的市场中处于有利地位。其股价盘前飙升8.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> – <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.</p><p><blockquote><a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>–<a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>这家泰瑟枪、随身摄像机和其他公共安全设备制造商公布最近一个季度的销售额和收入远好于预期，盘前交易中股价飙升23.5%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> – <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.</p><p><blockquote><a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>–<a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>在伯克希尔哈撒韦公司(BRK.B)以4.75亿美元收购了这家药品特许权使用费购买者的新股份的消息传出后，该股在盘前交易中上涨7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a> – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>-这家家居装修零售商报告第三季度每股利润为3.92美元，比预期高出52美分。收入也超出了华尔街的预测。在家用工具和建筑材料需求的推动下，同店销售额增长6.1%，好于预期。该股盘前上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> – <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.</p><p><blockquote><a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>–<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>在营收和利润均超出预期并上调全年预期后，盘前交易中股价上涨2%。沃尔玛第三季度每股收益1.45美元，比预期高出5美分，同店销售额也超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> – <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>–<a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>最近一个季度每股收益为3.21美元，超过每股2.87美元的普遍预期。这家汽车零部件零售商在收入和其他关键指标上表现出色。然而，Advance Auto表示，其通胀阻力高于预期，该股在盘前下跌2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> – <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.</p><p><blockquote><a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>–<a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>该公司发布了强于预期的2023年至2025年利润和销售指引，扭转了该烈酒制造商此前放弃具体数字指引的立场，盘前交易中股价上涨2.4%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> –<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>–<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>首席执行官埃隆·马斯克在行使购买210万股股票的期权后，出售了9.3亿美元的股票以履行纳税义务。另外，摩根大通（JPM）正在起诉特斯拉，指控其违反与认股权证相关的合同。</blockquote></p><p> <a href=\"https://laohu8.com/S/ALV\">Autoliv</a> –<a href=\"https://laohu8.com/S/ALV\">Autoliv</a> rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>–<a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>在宣布高达15亿美元的新股票回购计划后，盘前上涨4.4%。这家汽车安全系统制造商还更新了增长目标，预计2024年及以后每年增长4%至6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> – <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.</p><p><blockquote><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>–<a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>这家电动汽车制造商报告其“Air”轿车的预订量超过17,000份，高于上一季度的13,000份，盘前股价飙升5.8%。Lucid还确认了2022年的生产目标。</blockquote></p><p> <a href=\"https://laohu8.com/S/WDAY\">Workday</a> – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.</p><p><blockquote><a href=\"https://laohu8.com/S/WDAY\">工作日</a>-瑞银将该股评级从“中性”上调至“买入”，原因是有迹象表明人力资源系统支出强劲，该人力资源软件公司盘前股价上涨2.4%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-16 21:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.<img src=\"https://static.tigerbbs.com/0a1b581989afad06f07b7a1874224263\" tg-width=\"1080\" tg-height=\"507\" width=\"100%\" height=\"auto\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;1&nbsp;point, or 0.02%, Nasdaq 100 e-minis&nbsp;were up&nbsp;0.75&nbsp;point, and Dow e-minis&nbsp; were&nbsp;up&nbsp;54&nbsp;points, or 0.15%.</p><p><blockquote>周二上午，在几家主要零售商公布季度收益后，交易员等待有关消费者状况的关键新经济数据，股指期货上涨。截至美国东部时间上午8:00，标普500 e-minis上涨1点，涨幅0.02%，纳斯达克100 e-minis上涨0.75点，道指e-minis上涨54点，涨幅0.15%。</blockquote></p><p> Investors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.</p><p><blockquote>投资者将于周二上午晚些时候收到商务部的月度零售销售数据，这将有助于显示消费者进入假日购物季的动力有多大。根据彭博社的共识数据，预计10月份零售额较9月份增长1.5%，较上月的0.7%有所加快。</blockquote></p><p> As usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.</p><p><blockquote>与往常一样，鉴于消费约占美国经济活动的三分之二，该报告将作为整体经济实力的指标受到密切关注。</blockquote></p><p> Earnings results from retail juggernaut <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> underscored solid shopping trends among American consumers. The company's&nbsp;closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.</p><p><blockquote>零售巨头的盈利结果<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>凸显了美国消费者稳健的购物趋势。根据彭博社的共识数据，该公司备受关注的美国第三季度可比同店销售额比去年增长9.2%，比2019年同期增长15.6%，超过了7%的增长预期。尽管越来越多的消费者重新开始亲自购物，但电子商务销售额也保持增长，增长了8%，好于预期，而预期为1.9%。报告发布后，沃尔玛股价早盘上涨，塔吉特(Target)和好市多(Costco)等同行股价也随之上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a>, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>与此同时，家得宝首席执行官克雷格·梅尼尔(Craig Menear)在家得宝(Home Depot)的财报中表示，该公司的销售和盈利业绩也好于预期，因为该公司继续看到“家居装修需求增加”。可比销售额增长6.1%，而预期增长1.5%，该股在盘前交易中收于历史新高。</blockquote></p><p> These reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&amp;P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.</p><p><blockquote>这些报告是在已经异常强劲的财报季结束时发布的。FactSet的数据显示，截至周五，92%的标普500公司公布了实际业绩，其中81%的公司公布了好于预期的盈利业绩。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> – <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>–<a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>每股超出预期1美分，季度收益为每股25美分。这家云计算公司的收入也超出了华尔街的预期。这是Rackspace连续第八个季度收入增长，该公司表示，它在蓬勃发展的市场中处于有利地位。其股价盘前飙升8.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> – <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.</p><p><blockquote><a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>–<a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>这家泰瑟枪、随身摄像机和其他公共安全设备制造商公布最近一个季度的销售额和收入远好于预期，盘前交易中股价飙升23.5%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> – <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.</p><p><blockquote><a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>–<a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>在伯克希尔哈撒韦公司(BRK.B)以4.75亿美元收购了这家药品特许权使用费购买者的新股份的消息传出后，该股在盘前交易中上涨7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a> – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>-这家家居装修零售商报告第三季度每股利润为3.92美元，比预期高出52美分。收入也超出了华尔街的预测。在家用工具和建筑材料需求的推动下，同店销售额增长6.1%，好于预期。该股盘前上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> – <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.</p><p><blockquote><a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>–<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>在营收和利润均超出预期并上调全年预期后，盘前交易中股价上涨2%。沃尔玛第三季度每股收益1.45美元，比预期高出5美分，同店销售额也超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> – <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>–<a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>最近一个季度每股收益为3.21美元，超过每股2.87美元的普遍预期。这家汽车零部件零售商在收入和其他关键指标上表现出色。然而，Advance Auto表示，其通胀阻力高于预期，该股在盘前下跌2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> – <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.</p><p><blockquote><a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>–<a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>该公司发布了强于预期的2023年至2025年利润和销售指引，扭转了该烈酒制造商此前放弃具体数字指引的立场，盘前交易中股价上涨2.4%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> –<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>–<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>首席执行官埃隆·马斯克在行使购买210万股股票的期权后，出售了9.3亿美元的股票以履行纳税义务。另外，摩根大通（JPM）正在起诉特斯拉，指控其违反与认股权证相关的合同。</blockquote></p><p> <a href=\"https://laohu8.com/S/ALV\">Autoliv</a> –<a href=\"https://laohu8.com/S/ALV\">Autoliv</a> rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>–<a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>在宣布高达15亿美元的新股票回购计划后，盘前上涨4.4%。这家汽车安全系统制造商还更新了增长目标，预计2024年及以后每年增长4%至6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> – <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.</p><p><blockquote><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>–<a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>这家电动汽车制造商报告其“Air”轿车的预订量超过17,000份，高于上一季度的13,000份，盘前股价飙升5.8%。Lucid还确认了2022年的生产目标。</blockquote></p><p> <a href=\"https://laohu8.com/S/WDAY\">Workday</a> – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.</p><p><blockquote><a href=\"https://laohu8.com/S/WDAY\">工作日</a>-瑞银将该股评级从“中性”上调至“买入”，原因是有迹象表明人力资源系统支出强劲，该人力资源软件公司盘前股价上涨2.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108871969","content_text":"Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.At 8:00 a.m. ET, S&P 500 e-minis were up 1 point, or 0.02%, Nasdaq 100 e-minis were up 0.75 point, and Dow e-minis  were up 54 points, or 0.15%.\nInvestors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.\nAs usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.\nEarnings results from retail juggernaut Wal-Mart underscored solid shopping trends among American consumers. The company's closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.\nHome Depot, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.\nThese reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.\nStocks making the biggest moves in the premarket:\nRackspace Technology – Rackspace Technology beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.\nAxon Enterprise, Inc. – Axon Enterprise, Inc. soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.\nRoyalty Pharma plc – Royalty Pharma plc rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.\nHome Depot – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.\nWal-Mart – Wal-Mart jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.\nAdvance Auto Parts – Advance Auto Parts earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.\nDiageo PLC – Diageo PLC rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.\nTesla Motors –Tesla Motors CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.\nAutoliv –Autoliv rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.\nLucid Group Inc – Lucid Group Inc surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.\nWorkday – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873176227,"gmtCreate":1636900348772,"gmtModify":1636900348772,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873176227","repostId":"1166434417","repostType":4,"repost":{"id":"1166434417","kind":"news","pubTimestamp":1636760104,"share":"https://www.laohu8.com/m/news/1166434417?lang=zh_CN&edition=full","pubTime":"2021-11-13 07:35","market":"us","language":"en","title":"Nvidia Stock Is Downgraded. What Does Wedbush See That Others Don't?<blockquote>英伟达股票评级被下调。韦德布什看到了什么别人看不到的？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1166434417","media":"Barrons","summary":"Nvidia was downgraded Friday by Wedbush Securities, though the broker and investment bank raised its","content":"<p>Nvidia&nbsp;was downgraded Friday by Wedbush Securities, though the broker and investment bank raised its price target for the stock and remains upbeat on the company.</p><p><blockquote>韦德布什证券周五下调了英伟达的评级，尽管该经纪商和投资银行提高了该股的目标价，并对该公司保持乐观。</blockquote></p><p> So, why the downgrade?</p><p><blockquote>那么，为什么要降级呢？</blockquote></p><p> It’s a problem of valuation, according to Wedbush analyst Matt Bryson, who downgraded&nbsp;Nvidia&nbsp;(ticker: NVDA) from Outperform to Neutral even as he raised his target price on the shares from $220 to $300. Nvidia stock closed at $303.90 Thursday.</p><p><blockquote>Wedbush分析师马特·布赖森(Matt Bryson)表示，这是一个估值问题，他将英伟达（股票代码：NVDA）的评级从跑赢大盘下调至中性，尽管他将该股目标价从220美元上调至300美元。英伟达股价周四收于303.90美元。</blockquote></p><p> “While typically we would want to tie a rating change to some sort of negative catalyst; frankly there is none. Conditions rather have only improved for Nvidia over the past three months,” Bryson said.</p><p><blockquote>布赖森表示：“虽然通常我们希望将评级变化与某种负面催化剂联系起来，但坦率地说，没有任何负面催化剂。英伟达的情况在过去三个月里才有所改善。”</blockquote></p><p> “We just can’t find a means of justifying a higher target price for Nvidia beyond the levels that it currently trades.”</p><p><blockquote>“我们只是找不到一种方法来证明英伟达的目标价高于其目前的交易水平是合理的。”</blockquote></p><p> The downgrade from Wedbush may have clouded investor sentiment on Nvidia, which saw its shares fall as much as 2.5% before paring losses to move 0.2% higher Friday. The stock has surged 47% in the past month alone and is up more than 130% in 2021. The company recently pushed past&nbsp;Warren Buffett’s Berkshire Hathaway&nbsp;(BRK.A and BRK.B) as the seventh most valuable U.S. company by market capitalization.</p><p><blockquote>Wedbush的评级下调可能给投资者对Nvidia的情绪蒙上阴影，该公司股价下跌2.5%，周五收复失地上涨0.2%。该股仅在过去一个月就飙升了47%，2021年涨幅超过130%。该公司最近超越沃伦·巴菲特的伯克希尔·哈撒韦公司（BRK.A和BRK.B），成为美国市值第七大公司。</blockquote></p><p> Earlier this week, Nvidia got a boost from a number of upwards-revised estimates, with investment bank&nbsp;Oppenheimer&nbsp;hiking its target price on Nvidia stock by 49% to $350.</p><p><blockquote>本周早些时候，英伟达因多项上调预期而受到提振，投资银行奥本海默将英伟达股票目标价上调49%至350美元。</blockquote></p><p> Bryson’s logic doesn’t yield the same level of bullishness on the share price.</p><p><blockquote>布赖森的逻辑并没有对股价产生同样程度的看涨。</blockquote></p><p> Wedbush has been using a multiple of 40x applied to Nvidia’s estimated future earnings to calculate a target price for the stock. But the shares have surged 50% since the company’s last earnings call, Bryson said, and were now trading at a multiple of around 55x Wedbush’s 2024 estimates.</p><p><blockquote>Wedbush一直使用Nvidia预计未来收益的40倍倍数来计算该股的目标价。但Bryson表示，自该公司上次盈利看涨期权以来，该股已飙升50%，目前交易价格约为Wedbush 2024年预期的55倍。</blockquote></p><p> This means that the analysts would have to lift their multiple to around 67x to justify an Outperform rating, or, alternatively, double their sales growth assumptions for the next few years to continue to use a 40x multiple.</p><p><blockquote>这意味着分析师必须将市盈率提高到67倍左右才能证明跑赢大盘评级的合理性，或者将未来几年的销售增长假设翻倍才能继续使用40倍的市盈率。</blockquote></p><p> “While we remain very bullish on both Nvidia’s near-term prospects and longer-term opportunities (particularly around AI), we simply find ourselves unable to justify lifting our multiple to levels that would continue to justify an Outperform,” Bryson said. “We are stepping to the sidelines on Nvidia with our new Neutral rating.”</p><p><blockquote>布赖森表示：“虽然我们仍然非常看好英伟达的近期前景和长期机会（特别是在人工智能方面），但我们只是发现自己无法证明将市盈率提高到继续证明跑赢大盘合理的水平是合理的。”“我们对英伟达的新中性评级持观望态度。”</blockquote></p><p> Nvidia—which will report earnings next Wednesday—is primarily a maker of graphics processing units (GPUs), which were originally designed for applications in gaming and film. Increasingly, GPUs are used in high-performance computing applications, such as running data centers and powering artificial intelligence (AI).</p><p><blockquote>英伟达将于下周三公布财报，主要是一家图形处理单元(GPU)制造商，这些处理器最初是为游戏和电影应用而设计的。GPU越来越多地用于高性能计算应用，例如运行数据中心和为人工智能（AI）提供动力。</blockquote></p><p> Bryson said that “unprecedented demand” for data center and client offerings meant Nvidia was likely to beat Wall Street’s expectations when it reports earnings and would probably raise its future guidance. The analysts added that the company’s continued work in building out its AI framework has helped cement its leadership in the space.</p><p><blockquote>布赖森表示，对数据中心和客户端产品的“前所未有的需求”意味着英伟达在公布财报时可能会超出华尔街的预期，并可能提高未来指引。分析师补充说，该公司在构建人工智能框架方面的持续工作有助于巩固其在该领域的领导地位。</blockquote></p><p> The Santa Clara, Calif.-based company has also recently made a competitive push into the metaverse, launching platforms, software, and computing tools that will help enable the future of virtual worlds.</p><p><blockquote>这家总部位于加利福尼亚州圣克拉拉的公司最近也向元宇宙发起了竞争，推出了有助于实现虚拟世界未来的平台、软件和计算工具。</blockquote></p><p> The metaverse, as well as the use of Nvidia chips in electric vehicles and self-driving vehicles, adds to a more ambitious view of the company’s future total addressable market, Bryson said.</p><p><blockquote>布赖森表示，元宇宙以及英伟达芯片在电动汽车和自动驾驶汽车中的使用，为该公司未来的总潜在市场增添了更加雄心勃勃的前景。</blockquote></p><p> “New opportunities, in particular the metaverse and its graphics intensive requirements, have started to realize increased investment, a sign in our view that applications and datacenter/consumer hardware requirements are nearing,” the analyst added.</p><p><blockquote>该分析师补充道：“新的机遇，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加，我们认为这表明应用程序和数据中心/消费者硬件需求即将到来。”</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>Nvidia Stock Is Downgraded. What Does Wedbush See That Others Don't?<blockquote>英伟达股票评级被下调。韦德布什看到了什么别人看不到的？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Is Downgraded. What Does Wedbush See That Others Don't?<blockquote>英伟达股票评级被下调。韦德布什看到了什么别人看不到的？</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 07:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;was downgraded Friday by Wedbush Securities, though the broker and investment bank raised its price target for the stock and remains upbeat on the company.</p><p><blockquote>韦德布什证券周五下调了英伟达的评级，尽管该经纪商和投资银行提高了该股的目标价，并对该公司保持乐观。</blockquote></p><p> So, why the downgrade?</p><p><blockquote>那么，为什么要降级呢？</blockquote></p><p> It’s a problem of valuation, according to Wedbush analyst Matt Bryson, who downgraded&nbsp;Nvidia&nbsp;(ticker: NVDA) from Outperform to Neutral even as he raised his target price on the shares from $220 to $300. Nvidia stock closed at $303.90 Thursday.</p><p><blockquote>Wedbush分析师马特·布赖森(Matt Bryson)表示，这是一个估值问题，他将英伟达（股票代码：NVDA）的评级从跑赢大盘下调至中性，尽管他将该股目标价从220美元上调至300美元。英伟达股价周四收于303.90美元。</blockquote></p><p> “While typically we would want to tie a rating change to some sort of negative catalyst; frankly there is none. Conditions rather have only improved for Nvidia over the past three months,” Bryson said.</p><p><blockquote>布赖森表示：“虽然通常我们希望将评级变化与某种负面催化剂联系起来，但坦率地说，没有任何负面催化剂。英伟达的情况在过去三个月里才有所改善。”</blockquote></p><p> “We just can’t find a means of justifying a higher target price for Nvidia beyond the levels that it currently trades.”</p><p><blockquote>“我们只是找不到一种方法来证明英伟达的目标价高于其目前的交易水平是合理的。”</blockquote></p><p> The downgrade from Wedbush may have clouded investor sentiment on Nvidia, which saw its shares fall as much as 2.5% before paring losses to move 0.2% higher Friday. The stock has surged 47% in the past month alone and is up more than 130% in 2021. The company recently pushed past&nbsp;Warren Buffett’s Berkshire Hathaway&nbsp;(BRK.A and BRK.B) as the seventh most valuable U.S. company by market capitalization.</p><p><blockquote>Wedbush的评级下调可能给投资者对Nvidia的情绪蒙上阴影，该公司股价下跌2.5%，周五收复失地上涨0.2%。该股仅在过去一个月就飙升了47%，2021年涨幅超过130%。该公司最近超越沃伦·巴菲特的伯克希尔·哈撒韦公司（BRK.A和BRK.B），成为美国市值第七大公司。</blockquote></p><p> Earlier this week, Nvidia got a boost from a number of upwards-revised estimates, with investment bank&nbsp;Oppenheimer&nbsp;hiking its target price on Nvidia stock by 49% to $350.</p><p><blockquote>本周早些时候，英伟达因多项上调预期而受到提振，投资银行奥本海默将英伟达股票目标价上调49%至350美元。</blockquote></p><p> Bryson’s logic doesn’t yield the same level of bullishness on the share price.</p><p><blockquote>布赖森的逻辑并没有对股价产生同样程度的看涨。</blockquote></p><p> Wedbush has been using a multiple of 40x applied to Nvidia’s estimated future earnings to calculate a target price for the stock. But the shares have surged 50% since the company’s last earnings call, Bryson said, and were now trading at a multiple of around 55x Wedbush’s 2024 estimates.</p><p><blockquote>Wedbush一直使用Nvidia预计未来收益的40倍倍数来计算该股的目标价。但Bryson表示，自该公司上次盈利看涨期权以来，该股已飙升50%，目前交易价格约为Wedbush 2024年预期的55倍。</blockquote></p><p> This means that the analysts would have to lift their multiple to around 67x to justify an Outperform rating, or, alternatively, double their sales growth assumptions for the next few years to continue to use a 40x multiple.</p><p><blockquote>这意味着分析师必须将市盈率提高到67倍左右才能证明跑赢大盘评级的合理性，或者将未来几年的销售增长假设翻倍才能继续使用40倍的市盈率。</blockquote></p><p> “While we remain very bullish on both Nvidia’s near-term prospects and longer-term opportunities (particularly around AI), we simply find ourselves unable to justify lifting our multiple to levels that would continue to justify an Outperform,” Bryson said. “We are stepping to the sidelines on Nvidia with our new Neutral rating.”</p><p><blockquote>布赖森表示：“虽然我们仍然非常看好英伟达的近期前景和长期机会（特别是在人工智能方面），但我们只是发现自己无法证明将市盈率提高到继续证明跑赢大盘合理的水平是合理的。”“我们对英伟达的新中性评级持观望态度。”</blockquote></p><p> Nvidia—which will report earnings next Wednesday—is primarily a maker of graphics processing units (GPUs), which were originally designed for applications in gaming and film. Increasingly, GPUs are used in high-performance computing applications, such as running data centers and powering artificial intelligence (AI).</p><p><blockquote>英伟达将于下周三公布财报，主要是一家图形处理单元(GPU)制造商，这些处理器最初是为游戏和电影应用而设计的。GPU越来越多地用于高性能计算应用，例如运行数据中心和为人工智能（AI）提供动力。</blockquote></p><p> Bryson said that “unprecedented demand” for data center and client offerings meant Nvidia was likely to beat Wall Street’s expectations when it reports earnings and would probably raise its future guidance. The analysts added that the company’s continued work in building out its AI framework has helped cement its leadership in the space.</p><p><blockquote>布赖森表示，对数据中心和客户端产品的“前所未有的需求”意味着英伟达在公布财报时可能会超出华尔街的预期，并可能提高未来指引。分析师补充说，该公司在构建人工智能框架方面的持续工作有助于巩固其在该领域的领导地位。</blockquote></p><p> The Santa Clara, Calif.-based company has also recently made a competitive push into the metaverse, launching platforms, software, and computing tools that will help enable the future of virtual worlds.</p><p><blockquote>这家总部位于加利福尼亚州圣克拉拉的公司最近也向元宇宙发起了竞争，推出了有助于实现虚拟世界未来的平台、软件和计算工具。</blockquote></p><p> The metaverse, as well as the use of Nvidia chips in electric vehicles and self-driving vehicles, adds to a more ambitious view of the company’s future total addressable market, Bryson said.</p><p><blockquote>布赖森表示，元宇宙以及英伟达芯片在电动汽车和自动驾驶汽车中的使用，为该公司未来的总潜在市场增添了更加雄心勃勃的前景。</blockquote></p><p> “New opportunities, in particular the metaverse and its graphics intensive requirements, have started to realize increased investment, a sign in our view that applications and datacenter/consumer hardware requirements are nearing,” the analyst added.</p><p><blockquote>该分析师补充道：“新的机遇，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加，我们认为这表明应用程序和数据中心/消费者硬件需求即将到来。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/nvidia-stock-downgrade-metaverse-51636725065?mod=RTA\">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":{"NVDA":"英伟达"},"source_url":"https://www.barrons.com/articles/nvidia-stock-downgrade-metaverse-51636725065?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166434417","content_text":"Nvidia was downgraded Friday by Wedbush Securities, though the broker and investment bank raised its price target for the stock and remains upbeat on the company.\nSo, why the downgrade?\nIt’s a problem of valuation, according to Wedbush analyst Matt Bryson, who downgraded Nvidia (ticker: NVDA) from Outperform to Neutral even as he raised his target price on the shares from $220 to $300. Nvidia stock closed at $303.90 Thursday.\n“While typically we would want to tie a rating change to some sort of negative catalyst; frankly there is none. Conditions rather have only improved for Nvidia over the past three months,” Bryson said.\n“We just can’t find a means of justifying a higher target price for Nvidia beyond the levels that it currently trades.”\nThe downgrade from Wedbush may have clouded investor sentiment on Nvidia, which saw its shares fall as much as 2.5% before paring losses to move 0.2% higher Friday. The stock has surged 47% in the past month alone and is up more than 130% in 2021. The company recently pushed past Warren Buffett’s Berkshire Hathaway (BRK.A and BRK.B) as the seventh most valuable U.S. company by market capitalization.\nEarlier this week, Nvidia got a boost from a number of upwards-revised estimates, with investment bank Oppenheimer hiking its target price on Nvidia stock by 49% to $350.\nBryson’s logic doesn’t yield the same level of bullishness on the share price.\nWedbush has been using a multiple of 40x applied to Nvidia’s estimated future earnings to calculate a target price for the stock. But the shares have surged 50% since the company’s last earnings call, Bryson said, and were now trading at a multiple of around 55x Wedbush’s 2024 estimates.\nThis means that the analysts would have to lift their multiple to around 67x to justify an Outperform rating, or, alternatively, double their sales growth assumptions for the next few years to continue to use a 40x multiple.\n“While we remain very bullish on both Nvidia’s near-term prospects and longer-term opportunities (particularly around AI), we simply find ourselves unable to justify lifting our multiple to levels that would continue to justify an Outperform,” Bryson said. “We are stepping to the sidelines on Nvidia with our new Neutral rating.”\nNvidia—which will report earnings next Wednesday—is primarily a maker of graphics processing units (GPUs), which were originally designed for applications in gaming and film. Increasingly, GPUs are used in high-performance computing applications, such as running data centers and powering artificial intelligence (AI).\nBryson said that “unprecedented demand” for data center and client offerings meant Nvidia was likely to beat Wall Street’s expectations when it reports earnings and would probably raise its future guidance. The analysts added that the company’s continued work in building out its AI framework has helped cement its leadership in the space.\nThe Santa Clara, Calif.-based company has also recently made a competitive push into the metaverse, launching platforms, software, and computing tools that will help enable the future of virtual worlds.\nThe metaverse, as well as the use of Nvidia chips in electric vehicles and self-driving vehicles, adds to a more ambitious view of the company’s future total addressable market, Bryson said.\n“New opportunities, in particular the metaverse and its graphics intensive requirements, have started to realize increased investment, a sign in our view that applications and datacenter/consumer hardware requirements are nearing,” the analyst added.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":1273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879754921,"gmtCreate":1636778382367,"gmtModify":1636778382367,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879754921","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. 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></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\">\nPfizer 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>\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":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879640660,"gmtCreate":1636722302212,"gmtModify":1636722302212,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879640660","repostId":"1194859533","repostType":4,"repost":{"id":"1194859533","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":1636722146,"share":"https://www.laohu8.com/m/news/1194859533?lang=zh_CN&edition=full","pubTime":"2021-11-12 21:02","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194859533","media":"Tiger Newspress","summary":"U.S. stock index futures edged higher on Friday as Johnson & Johnson and technology stocks led gains","content":"<p>U.S. stock index futures edged higher on Friday as Johnson &amp; Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.</p><p><blockquote>由于对长期通胀的担忧加深，强生公司和科技股在周末领涨，美国股指期货周五小幅走高。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 95 points, or 0.27%, S&amp;P 500 E-minis were up 9.75 points, or 0.21% and Nasdaq 100 E-minis were up 42.25 points, or 0.26%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨95点，涨幅0.27%，标普500电子迷你指数上涨9.75点，涨幅0.21%，纳斯达克100电子迷你指数上涨42.25点，涨幅0.26%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b300138b0983005b20a8dab7af0cb7da\" tg-width=\"572\" tg-height=\"193\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> All the major U.S. indexes were set for a more than 1% weekly drop, their first since the week ended Oct. 1, as hot inflation numbers sapped investor sentiment and halted an earnings-driven streak of record closing highs.</p><p><blockquote>美国所有主要股指的周跌幅都将超过1%，这是自10月1日当周以来的首次，因为热门的通胀数据削弱了投资者的情绪，并阻止了盈利驱动的创纪录收盘高点。</blockquote></p><p> Rising price pressures across the globe have been a top concern for market participants, with focus now shifting towards how consumer spending would fare as the holiday shopping season approaches.</p><p><blockquote>全球范围内不断上升的价格压力一直是市场参与者最关心的问题，随着假日购物季的临近，人们的注意力现在转向消费者支出的表现。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> — Shares of Johnson &amp; Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations.</p><p><blockquote><a href=\"https://laohu8.com/S/JNJ\">强生公司</a>-强生公司宣布计划将其消费者健康业务从制药和医疗器械业务中剥离出来，该公司股价周五在盘前交易中上涨近4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> — Shares of the newly public electric carmaker continued to rally in premarket trading on Friday after rising more than22% in Thursday’s session. This followed Wednesday’s market debut where the stock surged 29%. The&nbsp;Amazon- and&nbsp;Ford-backed company already surpassed both Ford and&nbsp;General Motors&nbsp;by market cap, reaching a valuation of $104.9 billion.</p><p><blockquote><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a>-这家新上市的电动汽车制造商的股价继周四上涨超过22%后，周五盘前交易中继续上涨。此前，该股周三首次上市，飙升29%。这家由亚马逊和福特支持的公司的市值已经超过了福特和通用汽车，估值达到1049亿美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> &nbsp;— Shares of the auto startup plummeted 10% in premarket trading on Friday after the company reported another quarter with no revenue. Lordstown said it plans to produce and deliver its Endurance truck in the third quarter of 2022. The company’s loss per share was narrower than expected in its most recent quarter, according to Refinitiv. BTIG also downgraded Lordstown Motors to neutral from buy.</p><p><blockquote><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a>-这家汽车初创公司的股价在周五盘前交易中暴跌10%，此前该公司报告又一个季度没有收入。Lordstown表示，计划在2022年第三季度生产并交付Endurance卡车。根据Refinitiv的数据，该公司最近一个季度的每股亏损小于预期。BTIG还将Lordstown Motors的评级从买入下调至中性。</blockquote></p><p> <a href=\"https://laohu8.com/S/MAPS\">WM Technology, Inc.</a> — Software company WM Technology was 13% lower in premarket trading on Friday after missing on the top and bottom lines of its quarterly results. WM Technology’s fourth-quarter guidance also came in under expectations.</p><p><blockquote><a href=\"https://laohu8.com/S/MAPS\">WM技术公司。</a>-软件公司威马科技(WM Technology)在季度业绩营收和利润均未达标后，周五盘前交易中股价下跌13%。威马科技的第四季度指引也低于预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> —Shares of the chip stock fell slightly in premarket trading on Friday after&nbsp;Wedbush downgraded&nbsp;Nvidia to neutral from outperform on valuation. The Wedbush analyst is struggling to justify Nvidia trading 55x the firm’s 2024 numbers.</p><p><blockquote><a href=\"https://laohu8.com/S/NVDA\">英伟达公司</a>-在韦德布什将英伟达的估值评级从跑赢大盘下调至中性后，该芯片股的股价在周五盘前交易中小幅下跌。Wedbush分析师正在努力证明Nvidia的交易价格是该公司2024年业绩的55倍。</blockquote></p><p> <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> — Shares of Hewlett Packard Enterprise ticked lower in premarket trading on Friday after Goldman Sachs downgraded the stock to sell from neutral, citing a weakening IT spending environment in late 2021 and early 2022. The Wall Street firm cut its price target to $14 per share from $16 per share.</p><p><blockquote><a href=\"https://laohu8.com/S/HPE\">慧与</a>-高盛以2021年底和2022年初IT支出环境疲软为由，将慧与股票评级从中性下调至卖出，周五盘前交易中该股小幅走低。这家华尔街公司将目标价从每股16美元下调至每股14美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a> &nbsp;— Shares of the electric vehicle charging stock rose 5% in premarket trading on Friday as investors cheered strong third-quarter revenue. The company reported $6.4 million in revenue, well ahead of the $4.7 million expected by analysts, according to Refinitiv.</p><p><blockquote><a href=\"https://laohu8.com/S/BLNK\">闪烁充电</a>–由于投资者对强劲的第三季度收入感到高兴，电动汽车充电股的股价周五在盘前交易中上涨了5%。根据Refinitiv的数据，该公司报告收入为640万美元，远高于分析师预期的470万美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/CZR\">Caesars Entertainment</a> — Shares of the casino stock rose in premarket trading on Friday after B Riley Securities initiated coverage of Caesars Entertainment with a buy rating and a $191 per share price target.</p><p><blockquote><a href=\"https://laohu8.com/S/CZR\">凯撒娱乐</a>-在B Riley Securities首次对凯撒娱乐给予买入评级和每股191美元的目标价后，该赌场股票在周五盘前交易中上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a> — Shares of the eyeglasses company fell in premarket trading on Friday after the company reported wider-than-expected losses as direct listing costs offset 32% sales growth. Warby’s net loss for the three-month period ended Sept. 30 widened to $91.1 million, or $1.45 per share, compared with a loss of $41.6 million, or 78 cents a share, a year earlier.</p><p><blockquote><a href=\"https://laohu8.com/S/WRBY\">沃比·帕克公司。</a>-由于直接上市成本抵消了32%的销售增长，该眼镜公司报告亏损超出预期，该公司股价周五在盘前交易中下跌。截至9月30日的三个月期间，Warby的净亏损扩大至9110万美元，即每股1.45美元，而去年同期的亏损为4160万美元，即每股78美分。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 21:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures edged higher on Friday as Johnson &amp; Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.</p><p><blockquote>由于对长期通胀的担忧加深，强生公司和科技股在周末领涨，美国股指期货周五小幅走高。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 95 points, or 0.27%, S&amp;P 500 E-minis were up 9.75 points, or 0.21% and Nasdaq 100 E-minis were up 42.25 points, or 0.26%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨95点，涨幅0.27%，标普500电子迷你指数上涨9.75点，涨幅0.21%，纳斯达克100电子迷你指数上涨42.25点，涨幅0.26%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b300138b0983005b20a8dab7af0cb7da\" tg-width=\"572\" tg-height=\"193\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> All the major U.S. indexes were set for a more than 1% weekly drop, their first since the week ended Oct. 1, as hot inflation numbers sapped investor sentiment and halted an earnings-driven streak of record closing highs.</p><p><blockquote>美国所有主要股指的周跌幅都将超过1%，这是自10月1日当周以来的首次，因为热门的通胀数据削弱了投资者的情绪，并阻止了盈利驱动的创纪录收盘高点。</blockquote></p><p> Rising price pressures across the globe have been a top concern for market participants, with focus now shifting towards how consumer spending would fare as the holiday shopping season approaches.</p><p><blockquote>全球范围内不断上升的价格压力一直是市场参与者最关心的问题，随着假日购物季的临近，人们的注意力现在转向消费者支出的表现。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> — Shares of Johnson &amp; Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations.</p><p><blockquote><a href=\"https://laohu8.com/S/JNJ\">强生公司</a>-强生公司宣布计划将其消费者健康业务从制药和医疗器械业务中剥离出来，该公司股价周五在盘前交易中上涨近4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> — Shares of the newly public electric carmaker continued to rally in premarket trading on Friday after rising more than22% in Thursday’s session. This followed Wednesday’s market debut where the stock surged 29%. The&nbsp;Amazon- and&nbsp;Ford-backed company already surpassed both Ford and&nbsp;General Motors&nbsp;by market cap, reaching a valuation of $104.9 billion.</p><p><blockquote><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a>-这家新上市的电动汽车制造商的股价继周四上涨超过22%后，周五盘前交易中继续上涨。此前，该股周三首次上市，飙升29%。这家由亚马逊和福特支持的公司的市值已经超过了福特和通用汽车，估值达到1049亿美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> &nbsp;— Shares of the auto startup plummeted 10% in premarket trading on Friday after the company reported another quarter with no revenue. Lordstown said it plans to produce and deliver its Endurance truck in the third quarter of 2022. The company’s loss per share was narrower than expected in its most recent quarter, according to Refinitiv. BTIG also downgraded Lordstown Motors to neutral from buy.</p><p><blockquote><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a>-这家汽车初创公司的股价在周五盘前交易中暴跌10%，此前该公司报告又一个季度没有收入。Lordstown表示，计划在2022年第三季度生产并交付Endurance卡车。根据Refinitiv的数据，该公司最近一个季度的每股亏损小于预期。BTIG还将Lordstown Motors的评级从买入下调至中性。</blockquote></p><p> <a href=\"https://laohu8.com/S/MAPS\">WM Technology, Inc.</a> — Software company WM Technology was 13% lower in premarket trading on Friday after missing on the top and bottom lines of its quarterly results. WM Technology’s fourth-quarter guidance also came in under expectations.</p><p><blockquote><a href=\"https://laohu8.com/S/MAPS\">WM技术公司。</a>-软件公司威马科技(WM Technology)在季度业绩营收和利润均未达标后，周五盘前交易中股价下跌13%。威马科技的第四季度指引也低于预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> —Shares of the chip stock fell slightly in premarket trading on Friday after&nbsp;Wedbush downgraded&nbsp;Nvidia to neutral from outperform on valuation. The Wedbush analyst is struggling to justify Nvidia trading 55x the firm’s 2024 numbers.</p><p><blockquote><a href=\"https://laohu8.com/S/NVDA\">英伟达公司</a>-在韦德布什将英伟达的估值评级从跑赢大盘下调至中性后，该芯片股的股价在周五盘前交易中小幅下跌。Wedbush分析师正在努力证明Nvidia的交易价格是该公司2024年业绩的55倍。</blockquote></p><p> <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> — Shares of Hewlett Packard Enterprise ticked lower in premarket trading on Friday after Goldman Sachs downgraded the stock to sell from neutral, citing a weakening IT spending environment in late 2021 and early 2022. The Wall Street firm cut its price target to $14 per share from $16 per share.</p><p><blockquote><a href=\"https://laohu8.com/S/HPE\">慧与</a>-高盛以2021年底和2022年初IT支出环境疲软为由，将慧与股票评级从中性下调至卖出，周五盘前交易中该股小幅走低。这家华尔街公司将目标价从每股16美元下调至每股14美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a> &nbsp;— Shares of the electric vehicle charging stock rose 5% in premarket trading on Friday as investors cheered strong third-quarter revenue. The company reported $6.4 million in revenue, well ahead of the $4.7 million expected by analysts, according to Refinitiv.</p><p><blockquote><a href=\"https://laohu8.com/S/BLNK\">闪烁充电</a>–由于投资者对强劲的第三季度收入感到高兴，电动汽车充电股的股价周五在盘前交易中上涨了5%。根据Refinitiv的数据，该公司报告收入为640万美元，远高于分析师预期的470万美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/CZR\">Caesars Entertainment</a> — Shares of the casino stock rose in premarket trading on Friday after B Riley Securities initiated coverage of Caesars Entertainment with a buy rating and a $191 per share price target.</p><p><blockquote><a href=\"https://laohu8.com/S/CZR\">凯撒娱乐</a>-在B Riley Securities首次对凯撒娱乐给予买入评级和每股191美元的目标价后，该赌场股票在周五盘前交易中上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a> — Shares of the eyeglasses company fell in premarket trading on Friday after the company reported wider-than-expected losses as direct listing costs offset 32% sales growth. Warby’s net loss for the three-month period ended Sept. 30 widened to $91.1 million, or $1.45 per share, compared with a loss of $41.6 million, or 78 cents a share, a year earlier.</p><p><blockquote><a href=\"https://laohu8.com/S/WRBY\">沃比·帕克公司。</a>-由于直接上市成本抵消了32%的销售增长，该眼镜公司报告亏损超出预期，该公司股价周五在盘前交易中下跌。截至9月30日的三个月期间，Warby的净亏损扩大至9110万美元，即每股1.45美元，而去年同期的亏损为4160万美元，即每股78美分。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194859533","content_text":"U.S. stock index futures edged higher on Friday as Johnson & Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.\nAt 8:00 a.m. ET, Dow E-minis were up 95 points, or 0.27%, S&P 500 E-minis were up 9.75 points, or 0.21% and Nasdaq 100 E-minis were up 42.25 points, or 0.26%.\n*Source From Tiger Trade, EST 08:00\nAll the major U.S. indexes were set for a more than 1% weekly drop, their first since the week ended Oct. 1, as hot inflation numbers sapped investor sentiment and halted an earnings-driven streak of record closing highs.\nRising price pressures across the globe have been a top concern for market participants, with focus now shifting towards how consumer spending would fare as the holiday shopping season approaches.\nStocks making the biggest moves in the premarket:\nJohnson & Johnson — Shares of Johnson & Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations.\nRivian Automotive, Inc. — Shares of the newly public electric carmaker continued to rally in premarket trading on Friday after rising more than22% in Thursday’s session. This followed Wednesday’s market debut where the stock surged 29%. The Amazon- and Ford-backed company already surpassed both Ford and General Motors by market cap, reaching a valuation of $104.9 billion.\nLordstown Motors Corp.  — Shares of the auto startup plummeted 10% in premarket trading on Friday after the company reported another quarter with no revenue. Lordstown said it plans to produce and deliver its Endurance truck in the third quarter of 2022. The company’s loss per share was narrower than expected in its most recent quarter, according to Refinitiv. BTIG also downgraded Lordstown Motors to neutral from buy.\nWM Technology, Inc. — Software company WM Technology was 13% lower in premarket trading on Friday after missing on the top and bottom lines of its quarterly results. WM Technology’s fourth-quarter guidance also came in under expectations.\nNVIDIA Corp —Shares of the chip stock fell slightly in premarket trading on Friday after Wedbush downgraded Nvidia to neutral from outperform on valuation. The Wedbush analyst is struggling to justify Nvidia trading 55x the firm’s 2024 numbers.\nHewlett Packard Enterprise — Shares of Hewlett Packard Enterprise ticked lower in premarket trading on Friday after Goldman Sachs downgraded the stock to sell from neutral, citing a weakening IT spending environment in late 2021 and early 2022. The Wall Street firm cut its price target to $14 per share from $16 per share.\nBlink Charging  — Shares of the electric vehicle charging stock rose 5% in premarket trading on Friday as investors cheered strong third-quarter revenue. The company reported $6.4 million in revenue, well ahead of the $4.7 million expected by analysts, according to Refinitiv.\nCaesars Entertainment — Shares of the casino stock rose in premarket trading on Friday after B Riley Securities initiated coverage of Caesars Entertainment with a buy rating and a $191 per share price target.\nWarby Parker Inc. — Shares of the eyeglasses company fell in premarket trading on Friday after the company reported wider-than-expected losses as direct listing costs offset 32% sales growth. Warby’s net loss for the three-month period ended Sept. 30 widened to $91.1 million, or $1.45 per share, compared with a loss of $41.6 million, or 78 cents a share, a year earlier.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879176584,"gmtCreate":1636696782770,"gmtModify":1636696782845,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879176584","repostId":"1188655178","repostType":4,"isVote":1,"tweetType":1,"viewCount":967,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879178426,"gmtCreate":1636696716906,"gmtModify":1636698135406,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582803159303555","idStr":"3582803159303555"},"themes":[],"htmlText":"[Allin]&nbsp;","listText":"[Allin]&nbsp;","text":"[Allin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879178426","repostId":"1146739499","repostType":4,"repost":{"id":"1146739499","kind":"news","pubTimestamp":1636688360,"share":"https://www.laohu8.com/m/news/1146739499?lang=zh_CN&edition=full","pubTime":"2021-11-12 11:39","market":"us","language":"en","title":"Is Beyond Meat's Stock Overvalued Or Undervalued?<blockquote>Beyond Meat的股票是被高估还是被低估？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146739499","media":"Yahoo","summary":"Beyond Meat Inc(NASDAQ:BYND) shares have lagged the S&P 500 in 2021, generating a year-to-date total","content":"<p><b>Beyond Meat Inc</b>(NASDAQ:BYND) shares have lagged the S&amp;P 500 in 2021, generating a year-to-date total return loss of 35.7%.</p><p><blockquote><b>Beyond Meat公司</b>（纳斯达克股票代码：BYND）股价在2021年落后于标普500，年初至今总回报损失35.7%。</blockquote></p><p> Beyondm Meat's stock has had a wild ride in 2021, but investors may be wondering whether there’s any value to be found in Beyond shares.</p><p><blockquote>Beyondm Meat的股票在2021年经历了疯狂的上涨，但投资者可能想知道Beyond股票是否有任何价值。</blockquote></p><p> <b>Earnings:</b>A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value.</p><p><blockquote><b>收益：</b>市盈率（PE）是衡量股票价值的最基本指标之一。PE越低，数值越高。</blockquote></p><p> For comparison, the S&amp;P 500’s PE is currently at about 29.4, nearly double its long-term average of 15.9.<b>Beyond doesn’t currently have a PE ratio because the company is not profitable.</b>In the most recent quarter, Beyond reported a $54.8 million net loss.</p><p><blockquote>相比之下，标普500的市盈率目前约为29.4，几乎是其长期平均水平15.9的两倍。<b>Beyond目前没有市盈率，因为该公司尚未盈利。</b>最近一个季度，Beyond报告净亏损5480万美元。</blockquote></p><p> <b>Growth:</b>Looking ahead to the next four quarters, the S&amp;P 500’s forward PE ratio looks much more reasonable at just 21.6.<b>Unfortunately, analysts are not expecting Beyond to turn a profit over the next four quarters.</b></p><p><blockquote><b>增长：</b>展望未来四个季度，标普500的远期市盈率看起来更加合理，仅为21.6。<b>不幸的是，分析师预计Beyond不会在未来四个季度实现盈利。</b></blockquote></p><p> The current consensus earnings per share estimate for Beyond for 2022 is a per-share loss of 66 cents. Beyond Meat’s consumer staplessectorpeers are currently averaging a 20.7 forward earnings multiple.</p><p><blockquote>目前Beyond 2022年每股收益的普遍预期为每股亏损66美分。Beyond Meat必需消费品行业同行目前的平均预期市盈率为20.7倍。</blockquote></p><p> Yet when it comes to evaluating a stock, earnings aren't everything.</p><p><blockquote>然而，在评估股票时，收益并不是一切。</blockquote></p><p> The growth rate is also critical for companies that are rapidly building their bottom lines. The price-to-earnings-to-growth ratio (PEG) is a good way to incorporate growth rates into the evaluation process. The S&amp;P 500’s overall PEG is about 0.9. Once again, without positive earnings, Beyond doesn’t have a positive PEG ratio to use as a valuation gauge.</p><p><blockquote>对于快速建立利润的公司来说，增长率也至关重要。市盈率增长率（PEG）是将增长率纳入评估过程的好方法。标普500的整体PEG约为0.9。同样，如果没有正的收益，Beyond就没有正的PEG比率作为估值指标。</blockquote></p><p> Price-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks. The S&amp;P 500’s PS ratio is 3.19, well above its long-term average of 1.62. Beyond Meat’s PS ratio is 13.5, more than four times the S&amp;P 500 average. However, Beyond's PS ratio is also down 35.8% over the past two years, suggesting the stock is priced at the low end of its historical valuation range.</p><p><blockquote>市销率是另一个重要的估值指标，特别是对于未盈利的公司和成长型股票。标普500的市盈率为3.19，远高于1.62的长期平均水平。Beyond Meat的PS比率为13.5，是标普500平均水平的四倍多。然而，Beyond的市盈率在过去两年中也下降了35.8%，这表明该股的定价处于其历史估值范围的低端。</blockquote></p><p> Finally, Wall Street analysts see little value in Beyond stock over the next 12 months.<b>The average analyst price target among the 13 analysts covering Beyond is $80, suggesting about 0.6% downside from current levels.</b></p><p><blockquote>最后，华尔街分析师认为Beyond股票在未来12个月内几乎没有价值。<b>Beyond的13名分析师的平均分析师目标价为80美元，较当前水平下跌约0.6%。</b></blockquote></p><p> <b>The Verdict:</b>At today's price, Beyond stock appears to be overvalued based on a sampling of common fundamental valuation metrics.</p><p><blockquote><b>判决：</b>按照今天的价格，根据常见基本估值指标的抽样，Beyond stock似乎被高估。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Beyond Meat's Stock Overvalued Or Undervalued?<blockquote>Beyond Meat的股票是被高估还是被低估？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Beyond Meat's Stock Overvalued Or Undervalued?<blockquote>Beyond Meat的股票是被高估还是被低估？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo</strong><span class=\"h-time small\">2021-11-12 11:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Beyond Meat Inc</b>(NASDAQ:BYND) shares have lagged the S&amp;P 500 in 2021, generating a year-to-date total return loss of 35.7%.</p><p><blockquote><b>Beyond Meat公司</b>（纳斯达克股票代码：BYND）股价在2021年落后于标普500，年初至今总回报损失35.7%。</blockquote></p><p> Beyondm Meat's stock has had a wild ride in 2021, but investors may be wondering whether there’s any value to be found in Beyond shares.</p><p><blockquote>Beyondm Meat的股票在2021年经历了疯狂的上涨，但投资者可能想知道Beyond股票是否有任何价值。</blockquote></p><p> <b>Earnings:</b>A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value.</p><p><blockquote><b>收益：</b>市盈率（PE）是衡量股票价值的最基本指标之一。PE越低，数值越高。</blockquote></p><p> For comparison, the S&amp;P 500’s PE is currently at about 29.4, nearly double its long-term average of 15.9.<b>Beyond doesn’t currently have a PE ratio because the company is not profitable.</b>In the most recent quarter, Beyond reported a $54.8 million net loss.</p><p><blockquote>相比之下，标普500的市盈率目前约为29.4，几乎是其长期平均水平15.9的两倍。<b>Beyond目前没有市盈率，因为该公司尚未盈利。</b>最近一个季度，Beyond报告净亏损5480万美元。</blockquote></p><p> <b>Growth:</b>Looking ahead to the next four quarters, the S&amp;P 500’s forward PE ratio looks much more reasonable at just 21.6.<b>Unfortunately, analysts are not expecting Beyond to turn a profit over the next four quarters.</b></p><p><blockquote><b>增长：</b>展望未来四个季度，标普500的远期市盈率看起来更加合理，仅为21.6。<b>不幸的是，分析师预计Beyond不会在未来四个季度实现盈利。</b></blockquote></p><p> The current consensus earnings per share estimate for Beyond for 2022 is a per-share loss of 66 cents. Beyond Meat’s consumer staplessectorpeers are currently averaging a 20.7 forward earnings multiple.</p><p><blockquote>目前Beyond 2022年每股收益的普遍预期为每股亏损66美分。Beyond Meat必需消费品行业同行目前的平均预期市盈率为20.7倍。</blockquote></p><p> Yet when it comes to evaluating a stock, earnings aren't everything.</p><p><blockquote>然而，在评估股票时，收益并不是一切。</blockquote></p><p> The growth rate is also critical for companies that are rapidly building their bottom lines. The price-to-earnings-to-growth ratio (PEG) is a good way to incorporate growth rates into the evaluation process. The S&amp;P 500’s overall PEG is about 0.9. Once again, without positive earnings, Beyond doesn’t have a positive PEG ratio to use as a valuation gauge.</p><p><blockquote>对于快速建立利润的公司来说，增长率也至关重要。市盈率增长率（PEG）是将增长率纳入评估过程的好方法。标普500的整体PEG约为0.9。同样，如果没有正的收益，Beyond就没有正的PEG比率作为估值指标。</blockquote></p><p> Price-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks. The S&amp;P 500’s PS ratio is 3.19, well above its long-term average of 1.62. Beyond Meat’s PS ratio is 13.5, more than four times the S&amp;P 500 average. However, Beyond's PS ratio is also down 35.8% over the past two years, suggesting the stock is priced at the low end of its historical valuation range.</p><p><blockquote>市销率是另一个重要的估值指标，特别是对于未盈利的公司和成长型股票。标普500的市盈率为3.19，远高于1.62的长期平均水平。Beyond Meat的PS比率为13.5，是标普500平均水平的四倍多。然而，Beyond的市盈率在过去两年中也下降了35.8%，这表明该股的定价处于其历史估值范围的低端。</blockquote></p><p> Finally, Wall Street analysts see little value in Beyond stock over the next 12 months.<b>The average analyst price target among the 13 analysts covering Beyond is $80, suggesting about 0.6% downside from current levels.</b></p><p><blockquote>最后，华尔街分析师认为Beyond股票在未来12个月内几乎没有价值。<b>Beyond的13名分析师的平均分析师目标价为80美元，较当前水平下跌约0.6%。</b></blockquote></p><p> <b>The Verdict:</b>At today's price, Beyond stock appears to be overvalued based on a sampling of common fundamental valuation metrics.</p><p><blockquote><b>判决：</b>按照今天的价格，根据常见基本估值指标的抽样，Beyond stock似乎被高估。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/beyond-meats-stock-overvalued-undervalued-175512963.html\">Yahoo</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":{"BYND":"Beyond Meat, Inc."},"source_url":"https://finance.yahoo.com/news/beyond-meats-stock-overvalued-undervalued-175512963.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146739499","content_text":"Beyond Meat Inc(NASDAQ:BYND) shares have lagged the S&P 500 in 2021, generating a year-to-date total return loss of 35.7%.\nBeyondm Meat's stock has had a wild ride in 2021, but investors may be wondering whether there’s any value to be found in Beyond shares.\nEarnings:A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value.\nFor comparison, the S&P 500’s PE is currently at about 29.4, nearly double its long-term average of 15.9.Beyond doesn’t currently have a PE ratio because the company is not profitable.In the most recent quarter, Beyond reported a $54.8 million net loss.\nGrowth:Looking ahead to the next four quarters, the S&P 500’s forward PE ratio looks much more reasonable at just 21.6.Unfortunately, analysts are not expecting Beyond to turn a profit over the next four quarters.\nThe current consensus earnings per share estimate for Beyond for 2022 is a per-share loss of 66 cents. Beyond Meat’s consumer staplessectorpeers are currently averaging a 20.7 forward earnings multiple.\nYet when it comes to evaluating a stock, earnings aren't everything.\nThe growth rate is also critical for companies that are rapidly building their bottom lines. The price-to-earnings-to-growth ratio (PEG) is a good way to incorporate growth rates into the evaluation process. The S&P 500’s overall PEG is about 0.9. Once again, without positive earnings, Beyond doesn’t have a positive PEG ratio to use as a valuation gauge.\nPrice-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks. The S&P 500’s PS ratio is 3.19, well above its long-term average of 1.62. Beyond Meat’s PS ratio is 13.5, more than four times the S&P 500 average. However, Beyond's PS ratio is also down 35.8% over the past two years, suggesting the stock is priced at the low end of its historical valuation range.\nFinally, Wall Street analysts see little value in Beyond stock over the next 12 months.The average analyst price target among the 13 analysts covering Beyond is $80, suggesting about 0.6% downside from current levels.\nThe Verdict:At today's price, Beyond stock appears to be overvalued based on a sampling of common fundamental valuation metrics.","news_type":1,"symbols_score_info":{"BYND":0.9}},"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":877298636,"gmtCreate":1637932890141,"gmtModify":1637932890141,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/877298636","repostId":"1102543087","repostType":4,"repost":{"id":"1102543087","kind":"news","pubTimestamp":1637932443,"share":"https://www.laohu8.com/m/news/1102543087?lang=zh_CN&edition=full","pubTime":"2021-11-26 21:14","market":"us","language":"en","title":"10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102543087","media":"Benzinga","summary":"Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers ","content":"<p><div> Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers shares fell 4.3% to $100.29 in pre-market trading. Credit Suisse boosted the price target for Deere ...</p><p><blockquote><div>Telsey Advisory Group将Signet Jewelers Limited的目标价从94美元上调至110美元。Signet Jewelers股价在盘前交易中下跌4.3%，至100.29美元。瑞士信贷提高了Deere的目标价...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</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\">\n10 Biggest Price Target Changes For Friday<blockquote>周五10个最大价格目标变化</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-11-26 21:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers shares fell 4.3% to $100.29 in pre-market trading. Credit Suisse boosted the price target for Deere ...</p><p><blockquote><div>Telsey Advisory Group将Signet Jewelers Limited的目标价从94美元上调至110美元。Signet Jewelers股价在盘前交易中下跌4.3%，至100.29美元。瑞士信贷提高了Deere的目标价...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday\">Benzinga</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":{"SIG":"西格内特珠宝","TJX":"The TJX Companies Inc.","ILPT":"Industrial Logistics Properties Trust","DE":"迪尔股份有限公司","COR":"CENCORA","WMG":"华纳音乐","SY":"新氧","SPG":"西蒙地产","NAT":"Nordic American Tanker","DLTR":"美元树公司"},"source_url":"https://www.benzinga.com/markets/penny-stocks/21/11/24303334/10-biggest-price-target-changes-for-friday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102543087","content_text":"Telsey Advisory Group raised Signet Jewelers Limited price target from $94 to $110. Signet Jewelers shares fell 4.3% to $100.29 in pre-market trading.\nCredit Suisse boosted the price target for Deere & Company from $441 to $463. Deere shares fell 2.4% to $359.00 in pre-market trading.\nMorgan Stanley boosted Dollar Tree, Inc. price target from $125 to $150. Dollar Tree shares fell 1.3% to $144.64 in pre-market trading.\nNeedham cut the price target on So-Young International Inc. from $14 to $9. So-Young International shares fell 1.6% to $4.23 in pre-market trading.\nArgus Research raised The TJX Companies, Inc. price target from $86 to $88. TJX shares fell 2.3% to $69.84 in pre-market trading.\nRBC Capital lowered Industrial Logistics Properties Trust price target from $28 to $25. Industrial Logistics Properties Trust shares gained 3.1% to close at $23.31 on Wednesday.\nJefferies lowered the price target on Nordic American Tankers Limited from $2.75 to $2.25. Nordic American Tankers shares rose 0.5% to close at $1.92 on Wednesday.\nRBC Capital boosted CoreSite Realty Corporation price target from $136 to $170. CoreSite Realty shares rose 0.3% to close at $171.23 on Wednesday.\nCredit Suisse raised the price target on Warner Music Group Corp. from $48 to $50. Warner Music shares fell 0.3% to $42.85 in pre-market trading.\nArgus Research increased the price target for Simon Property Group, Inc. from $142 to $180. Simon Property shares fell 4.2% to $161.90 in pre-market trading.","news_type":1,"symbols_score_info":{"NAT":0.9,"ILPT":0.9,"SY":0.9,"DE":0.9,"DLTR":0.9,"COR":0.9,"SPG":0.9,"SIG":0.9,"WMG":0.9,"TJX":0.9}},"isVote":1,"tweetType":1,"viewCount":3869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608309718,"gmtCreate":1638612083344,"gmtModify":1638612083344,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/608309718","repostId":"2188853578","repostType":4,"isVote":1,"tweetType":1,"viewCount":3931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603118955,"gmtCreate":1638372813056,"gmtModify":1638372813194,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/603118955","repostId":"1116584621","repostType":4,"isVote":1,"tweetType":1,"viewCount":3802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874630689,"gmtCreate":1637765081203,"gmtModify":1637765107261,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/874630689","repostId":"1119170686","repostType":4,"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876905359,"gmtCreate":1637247622317,"gmtModify":1637247622362,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876905359","repostId":"1151782109","repostType":4,"repost":{"id":"1151782109","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":1637247001,"share":"https://www.laohu8.com/m/news/1151782109?lang=zh_CN&edition=full","pubTime":"2021-11-18 22:50","market":"us","language":"en","title":"Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151782109","media":"Tiger Newspress","summary":"Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.Rivian's stoc","content":"<p>Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.<img src=\"https://static.tigerbbs.com/0408a3edb336253917351f40d53e9499\" tg-width=\"768\" tg-height=\"568\" width=\"100%\" height=\"auto\">Rivian's stock price plunged 15% to close at $146.07 on Wednesday, shares at&nbsp;one&nbsp;point on Tuesday were more than double the company's IPO pricing of $78 from last week. The stock hit an intraday high of $179.47onTuesday.</p><p><blockquote>Rivian继周三暴跌15.1%后，早盘继续下跌超过10%。Rivian股价周三暴跌15%，收于146.07美元，周二股价一度较上周该公司78美元的IPO定价高出一倍多。该股周二触及179.47美元的盘中高点。</blockquote></p><p> For perspective, Rivian's market cap at its peak eclipsed that of auto giant Volkswagen. Rivian has barely shipped any of its electric trucks, and has lost more than $2.4 billion from 2019 through 2021.</p><p><blockquote>从长远来看，Rivian的市值在巅峰时期超过了汽车巨头大众汽车。Rivian几乎没有出货任何电动卡车，从2019年到2021年损失超过24亿美元。</blockquote></p><p> Some strategists like Maley thought&nbsp;the eye-popping gains in Rivian and Lucid underscore the continued high levels of liquidity in the market, in large part fueled by low interest rates.</p><p><blockquote>马利等一些策略师认为，Rivian和Lucid令人瞠目结舌的涨幅凸显了市场流动性持续高水平，这在很大程度上是由低利率推动的。</blockquote></p><p> Maley&nbsp;explained, \"Just like 1999 when Amazon [stock] got way, way, way ahead of itself — it's a great company and changed the world — but the stock had to come down. I am not saying we are going to have the same problems next year that we had in 200 with a major bear market. But this market is being run by liquidity, and much less so than on economic growth or earnings growth. This liquidity is going to become less plentiful and people need to be preparing for how they will react when this market starts to come down at point. It's inevitable, and I think will come down at some point in the next 12 months.\"</p><p><blockquote>马利解释说，“就像1999年亚马逊（股票）远远领先于自己——它是一家伟大的公司，改变了世界——但股票不得不下跌。我并不是说我们会遇到同样的问题明年我们会遇到200年大熊市时遇到的问题。但这个市场是由流动性驱动的，而不是经济增长或盈利增长。这种流动性将变得不那么充裕，人们需要准备好当市场开始下跌时他们将如何反应。这是不可避免的，我认为它会在未来12个月的某个时候下降。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</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\">\nRivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday<blockquote>Rivian继周三暴跌15.1%后，早盘继续跌超10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-18 22:50</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.<img src=\"https://static.tigerbbs.com/0408a3edb336253917351f40d53e9499\" tg-width=\"768\" tg-height=\"568\" width=\"100%\" height=\"auto\">Rivian's stock price plunged 15% to close at $146.07 on Wednesday, shares at&nbsp;one&nbsp;point on Tuesday were more than double the company's IPO pricing of $78 from last week. The stock hit an intraday high of $179.47onTuesday.</p><p><blockquote>Rivian继周三暴跌15.1%后，早盘继续下跌超过10%。Rivian股价周三暴跌15%，收于146.07美元，周二股价一度较上周该公司78美元的IPO定价高出一倍多。该股周二触及179.47美元的盘中高点。</blockquote></p><p> For perspective, Rivian's market cap at its peak eclipsed that of auto giant Volkswagen. Rivian has barely shipped any of its electric trucks, and has lost more than $2.4 billion from 2019 through 2021.</p><p><blockquote>从长远来看，Rivian的市值在巅峰时期超过了汽车巨头大众汽车。Rivian几乎没有出货任何电动卡车，从2019年到2021年损失超过24亿美元。</blockquote></p><p> Some strategists like Maley thought&nbsp;the eye-popping gains in Rivian and Lucid underscore the continued high levels of liquidity in the market, in large part fueled by low interest rates.</p><p><blockquote>马利等一些策略师认为，Rivian和Lucid令人瞠目结舌的涨幅凸显了市场流动性持续高水平，这在很大程度上是由低利率推动的。</blockquote></p><p> Maley&nbsp;explained, \"Just like 1999 when Amazon [stock] got way, way, way ahead of itself — it's a great company and changed the world — but the stock had to come down. I am not saying we are going to have the same problems next year that we had in 200 with a major bear market. But this market is being run by liquidity, and much less so than on economic growth or earnings growth. This liquidity is going to become less plentiful and people need to be preparing for how they will react when this market starts to come down at point. It's inevitable, and I think will come down at some point in the next 12 months.\"</p><p><blockquote>马利解释说，“就像1999年亚马逊（股票）远远领先于自己——它是一家伟大的公司，改变了世界——但股票不得不下跌。我并不是说我们会遇到同样的问题明年我们会遇到200年大熊市时遇到的问题。但这个市场是由流动性驱动的，而不是经济增长或盈利增长。这种流动性将变得不那么充裕，人们需要准备好当市场开始下跌时他们将如何反应。这是不可避免的，我认为它会在未来12个月的某个时候下降。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151782109","content_text":"Rivian continued to fell over 10% in morning trading after tumbling 15.1% on Wednesday.Rivian's stock price plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company's IPO pricing of $78 from last week. The stock hit an intraday high of $179.47onTuesday.\nFor perspective, Rivian's market cap at its peak eclipsed that of auto giant Volkswagen. Rivian has barely shipped any of its electric trucks, and has lost more than $2.4 billion from 2019 through 2021.\nSome strategists like Maley thought the eye-popping gains in Rivian and Lucid underscore the continued high levels of liquidity in the market, in large part fueled by low interest rates.\nMaley explained, \"Just like 1999 when Amazon [stock] got way, way, way ahead of itself — it's a great company and changed the world — but the stock had to come down. I am not saying we are going to have the same problems next year that we had in 200 with a major bear market. But this market is being run by liquidity, and much less so than on economic growth or earnings growth. This liquidity is going to become less plentiful and people need to be preparing for how they will react when this market starts to come down at point. It's inevitable, and I think will come down at some point in the next 12 months.\"","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691066968,"gmtCreate":1640099005879,"gmtModify":1640099005962,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/691066968","repostId":"1148529089","repostType":4,"repost":{"id":"1148529089","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":1640098401,"share":"https://www.laohu8.com/m/news/1148529089?lang=zh_CN&edition=full","pubTime":"2021-12-21 22:53","market":"us","language":"en","title":"Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148529089","media":"Tiger Newspress","summary":"Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.\nPfizer","content":"<p>Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more&nbsp;than 10%.</p><p><blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote></p><p> Pfizer&nbsp;fell&nbsp;more&nbsp;than&nbsp;5%,&nbsp;Novavax&nbsp;fell&nbsp;nearly&nbsp;10%.<img src=\"https://static.tigerbbs.com/8965c7ba2ab9d4149e37dd1a91113e13\" tg-width=\"717\" tg-height=\"600\" width=\"100%\" height=\"auto\"></p><p><blockquote>辉瑞跌超5%，诺瓦瓦克斯跌近10%。</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>Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</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\">\nVaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.<blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-21 22:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more&nbsp;than 10%.</p><p><blockquote>疫苗股早盘大跌，维尔生物跌超10%。</blockquote></p><p> Pfizer&nbsp;fell&nbsp;more&nbsp;than&nbsp;5%,&nbsp;Novavax&nbsp;fell&nbsp;nearly&nbsp;10%.<img src=\"https://static.tigerbbs.com/8965c7ba2ab9d4149e37dd1a91113e13\" tg-width=\"717\" tg-height=\"600\" width=\"100%\" height=\"auto\"></p><p><blockquote>辉瑞跌超5%，诺瓦瓦克斯跌近10%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIR":"Vir Biotechnology, Inc.","NVAX":"诺瓦瓦克斯医药","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148529089","content_text":"Vaccine stocks fell sharply in morning trading, with Vir Biotechnology falling more than 10%.\nPfizer fell more than 5%, Novavax fell nearly 10%.","news_type":1,"symbols_score_info":{"NVAX":0.9,"PFE":0.9,"VIR":0.9}},"isVote":1,"tweetType":1,"viewCount":2194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878189262,"gmtCreate":1637159655912,"gmtModify":1637159655912,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878189262","repostId":"1183454063","repostType":4,"isVote":1,"tweetType":1,"viewCount":1065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879640660,"gmtCreate":1636722302212,"gmtModify":1636722302212,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879640660","repostId":"1194859533","repostType":4,"repost":{"id":"1194859533","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":1636722146,"share":"https://www.laohu8.com/m/news/1194859533?lang=zh_CN&edition=full","pubTime":"2021-11-12 21:02","market":"us","language":"en","title":"Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194859533","media":"Tiger Newspress","summary":"U.S. stock index futures edged higher on Friday as Johnson & Johnson and technology stocks led gains","content":"<p>U.S. stock index futures edged higher on Friday as Johnson &amp; Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.</p><p><blockquote>由于对长期通胀的担忧加深，强生公司和科技股在周末领涨，美国股指期货周五小幅走高。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 95 points, or 0.27%, S&amp;P 500 E-minis were up 9.75 points, or 0.21% and Nasdaq 100 E-minis were up 42.25 points, or 0.26%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨95点，涨幅0.27%，标普500电子迷你指数上涨9.75点，涨幅0.21%，纳斯达克100电子迷你指数上涨42.25点，涨幅0.26%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b300138b0983005b20a8dab7af0cb7da\" tg-width=\"572\" tg-height=\"193\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> All the major U.S. indexes were set for a more than 1% weekly drop, their first since the week ended Oct. 1, as hot inflation numbers sapped investor sentiment and halted an earnings-driven streak of record closing highs.</p><p><blockquote>美国所有主要股指的周跌幅都将超过1%，这是自10月1日当周以来的首次，因为热门的通胀数据削弱了投资者的情绪，并阻止了盈利驱动的创纪录收盘高点。</blockquote></p><p> Rising price pressures across the globe have been a top concern for market participants, with focus now shifting towards how consumer spending would fare as the holiday shopping season approaches.</p><p><blockquote>全球范围内不断上升的价格压力一直是市场参与者最关心的问题，随着假日购物季的临近，人们的注意力现在转向消费者支出的表现。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> — Shares of Johnson &amp; Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations.</p><p><blockquote><a href=\"https://laohu8.com/S/JNJ\">强生公司</a>-强生公司宣布计划将其消费者健康业务从制药和医疗器械业务中剥离出来，该公司股价周五在盘前交易中上涨近4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> — Shares of the newly public electric carmaker continued to rally in premarket trading on Friday after rising more than22% in Thursday’s session. This followed Wednesday’s market debut where the stock surged 29%. The&nbsp;Amazon- and&nbsp;Ford-backed company already surpassed both Ford and&nbsp;General Motors&nbsp;by market cap, reaching a valuation of $104.9 billion.</p><p><blockquote><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a>-这家新上市的电动汽车制造商的股价继周四上涨超过22%后，周五盘前交易中继续上涨。此前，该股周三首次上市，飙升29%。这家由亚马逊和福特支持的公司的市值已经超过了福特和通用汽车，估值达到1049亿美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> &nbsp;— Shares of the auto startup plummeted 10% in premarket trading on Friday after the company reported another quarter with no revenue. Lordstown said it plans to produce and deliver its Endurance truck in the third quarter of 2022. The company’s loss per share was narrower than expected in its most recent quarter, according to Refinitiv. BTIG also downgraded Lordstown Motors to neutral from buy.</p><p><blockquote><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a>-这家汽车初创公司的股价在周五盘前交易中暴跌10%，此前该公司报告又一个季度没有收入。Lordstown表示，计划在2022年第三季度生产并交付Endurance卡车。根据Refinitiv的数据，该公司最近一个季度的每股亏损小于预期。BTIG还将Lordstown Motors的评级从买入下调至中性。</blockquote></p><p> <a href=\"https://laohu8.com/S/MAPS\">WM Technology, Inc.</a> — Software company WM Technology was 13% lower in premarket trading on Friday after missing on the top and bottom lines of its quarterly results. WM Technology’s fourth-quarter guidance also came in under expectations.</p><p><blockquote><a href=\"https://laohu8.com/S/MAPS\">WM技术公司。</a>-软件公司威马科技(WM Technology)在季度业绩营收和利润均未达标后，周五盘前交易中股价下跌13%。威马科技的第四季度指引也低于预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> —Shares of the chip stock fell slightly in premarket trading on Friday after&nbsp;Wedbush downgraded&nbsp;Nvidia to neutral from outperform on valuation. The Wedbush analyst is struggling to justify Nvidia trading 55x the firm’s 2024 numbers.</p><p><blockquote><a href=\"https://laohu8.com/S/NVDA\">英伟达公司</a>-在韦德布什将英伟达的估值评级从跑赢大盘下调至中性后，该芯片股的股价在周五盘前交易中小幅下跌。Wedbush分析师正在努力证明Nvidia的交易价格是该公司2024年业绩的55倍。</blockquote></p><p> <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> — Shares of Hewlett Packard Enterprise ticked lower in premarket trading on Friday after Goldman Sachs downgraded the stock to sell from neutral, citing a weakening IT spending environment in late 2021 and early 2022. The Wall Street firm cut its price target to $14 per share from $16 per share.</p><p><blockquote><a href=\"https://laohu8.com/S/HPE\">慧与</a>-高盛以2021年底和2022年初IT支出环境疲软为由，将慧与股票评级从中性下调至卖出，周五盘前交易中该股小幅走低。这家华尔街公司将目标价从每股16美元下调至每股14美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a> &nbsp;— Shares of the electric vehicle charging stock rose 5% in premarket trading on Friday as investors cheered strong third-quarter revenue. The company reported $6.4 million in revenue, well ahead of the $4.7 million expected by analysts, according to Refinitiv.</p><p><blockquote><a href=\"https://laohu8.com/S/BLNK\">闪烁充电</a>–由于投资者对强劲的第三季度收入感到高兴，电动汽车充电股的股价周五在盘前交易中上涨了5%。根据Refinitiv的数据，该公司报告收入为640万美元，远高于分析师预期的470万美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/CZR\">Caesars Entertainment</a> — Shares of the casino stock rose in premarket trading on Friday after B Riley Securities initiated coverage of Caesars Entertainment with a buy rating and a $191 per share price target.</p><p><blockquote><a href=\"https://laohu8.com/S/CZR\">凯撒娱乐</a>-在B Riley Securities首次对凯撒娱乐给予买入评级和每股191美元的目标价后，该赌场股票在周五盘前交易中上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a> — Shares of the eyeglasses company fell in premarket trading on Friday after the company reported wider-than-expected losses as direct listing costs offset 32% sales growth. Warby’s net loss for the three-month period ended Sept. 30 widened to $91.1 million, or $1.45 per share, compared with a loss of $41.6 million, or 78 cents a share, a year earlier.</p><p><blockquote><a href=\"https://laohu8.com/S/WRBY\">沃比·帕克公司。</a>-由于直接上市成本抵消了32%的销售增长，该眼镜公司报告亏损超出预期，该公司股价周五在盘前交易中下跌。截至9月30日的三个月期间，Warby的净亏损扩大至9110万美元，即每股1.45美元，而去年同期的亏损为4160万美元，即每股78美分。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday<blockquote>周五美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 21:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S. stock index futures edged higher on Friday as Johnson &amp; Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.</p><p><blockquote>由于对长期通胀的担忧加深，强生公司和科技股在周末领涨，美国股指期货周五小幅走高。</blockquote></p><p> At 8:00 a.m. ET, Dow E-minis were up 95 points, or 0.27%, S&amp;P 500 E-minis were up 9.75 points, or 0.21% and Nasdaq 100 E-minis were up 42.25 points, or 0.26%.</p><p><blockquote>截至美国东部时间上午8:00，道琼斯电子迷你指数上涨95点，涨幅0.27%，标普500电子迷你指数上涨9.75点，涨幅0.21%，纳斯达克100电子迷你指数上涨42.25点，涨幅0.26%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b300138b0983005b20a8dab7af0cb7da\" tg-width=\"572\" tg-height=\"193\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:00</span></p><p><blockquote><p class=\"t-img-caption\"><span>*来源自Tiger Trade，美国东部时间08:00</span></p></blockquote></p><p> All the major U.S. indexes were set for a more than 1% weekly drop, their first since the week ended Oct. 1, as hot inflation numbers sapped investor sentiment and halted an earnings-driven streak of record closing highs.</p><p><blockquote>美国所有主要股指的周跌幅都将超过1%，这是自10月1日当周以来的首次，因为热门的通胀数据削弱了投资者的情绪，并阻止了盈利驱动的创纪录收盘高点。</blockquote></p><p> Rising price pressures across the globe have been a top concern for market participants, with focus now shifting towards how consumer spending would fare as the holiday shopping season approaches.</p><p><blockquote>全球范围内不断上升的价格压力一直是市场参与者最关心的问题，随着假日购物季的临近，人们的注意力现在转向消费者支出的表现。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> — Shares of Johnson &amp; Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations.</p><p><blockquote><a href=\"https://laohu8.com/S/JNJ\">强生公司</a>-强生公司宣布计划将其消费者健康业务从制药和医疗器械业务中剥离出来，该公司股价周五在盘前交易中上涨近4%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive, Inc.</a> — Shares of the newly public electric carmaker continued to rally in premarket trading on Friday after rising more than22% in Thursday’s session. This followed Wednesday’s market debut where the stock surged 29%. The&nbsp;Amazon- and&nbsp;Ford-backed company already surpassed both Ford and&nbsp;General Motors&nbsp;by market cap, reaching a valuation of $104.9 billion.</p><p><blockquote><a href=\"https://laohu8.com/S/RIVN\">Rivian汽车公司。</a>-这家新上市的电动汽车制造商的股价继周四上涨超过22%后，周五盘前交易中继续上涨。此前，该股周三首次上市，飙升29%。这家由亚马逊和福特支持的公司的市值已经超过了福特和通用汽车，估值达到1049亿美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> &nbsp;— Shares of the auto startup plummeted 10% in premarket trading on Friday after the company reported another quarter with no revenue. Lordstown said it plans to produce and deliver its Endurance truck in the third quarter of 2022. The company’s loss per share was narrower than expected in its most recent quarter, according to Refinitiv. BTIG also downgraded Lordstown Motors to neutral from buy.</p><p><blockquote><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a>-这家汽车初创公司的股价在周五盘前交易中暴跌10%，此前该公司报告又一个季度没有收入。Lordstown表示，计划在2022年第三季度生产并交付Endurance卡车。根据Refinitiv的数据，该公司最近一个季度的每股亏损小于预期。BTIG还将Lordstown Motors的评级从买入下调至中性。</blockquote></p><p> <a href=\"https://laohu8.com/S/MAPS\">WM Technology, Inc.</a> — Software company WM Technology was 13% lower in premarket trading on Friday after missing on the top and bottom lines of its quarterly results. WM Technology’s fourth-quarter guidance also came in under expectations.</p><p><blockquote><a href=\"https://laohu8.com/S/MAPS\">WM技术公司。</a>-软件公司威马科技(WM Technology)在季度业绩营收和利润均未达标后，周五盘前交易中股价下跌13%。威马科技的第四季度指引也低于预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> —Shares of the chip stock fell slightly in premarket trading on Friday after&nbsp;Wedbush downgraded&nbsp;Nvidia to neutral from outperform on valuation. The Wedbush analyst is struggling to justify Nvidia trading 55x the firm’s 2024 numbers.</p><p><blockquote><a href=\"https://laohu8.com/S/NVDA\">英伟达公司</a>-在韦德布什将英伟达的估值评级从跑赢大盘下调至中性后，该芯片股的股价在周五盘前交易中小幅下跌。Wedbush分析师正在努力证明Nvidia的交易价格是该公司2024年业绩的55倍。</blockquote></p><p> <a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> — Shares of Hewlett Packard Enterprise ticked lower in premarket trading on Friday after Goldman Sachs downgraded the stock to sell from neutral, citing a weakening IT spending environment in late 2021 and early 2022. The Wall Street firm cut its price target to $14 per share from $16 per share.</p><p><blockquote><a href=\"https://laohu8.com/S/HPE\">慧与</a>-高盛以2021年底和2022年初IT支出环境疲软为由，将慧与股票评级从中性下调至卖出，周五盘前交易中该股小幅走低。这家华尔街公司将目标价从每股16美元下调至每股14美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a> &nbsp;— Shares of the electric vehicle charging stock rose 5% in premarket trading on Friday as investors cheered strong third-quarter revenue. The company reported $6.4 million in revenue, well ahead of the $4.7 million expected by analysts, according to Refinitiv.</p><p><blockquote><a href=\"https://laohu8.com/S/BLNK\">闪烁充电</a>–由于投资者对强劲的第三季度收入感到高兴，电动汽车充电股的股价周五在盘前交易中上涨了5%。根据Refinitiv的数据，该公司报告收入为640万美元，远高于分析师预期的470万美元。</blockquote></p><p> <a href=\"https://laohu8.com/S/CZR\">Caesars Entertainment</a> — Shares of the casino stock rose in premarket trading on Friday after B Riley Securities initiated coverage of Caesars Entertainment with a buy rating and a $191 per share price target.</p><p><blockquote><a href=\"https://laohu8.com/S/CZR\">凯撒娱乐</a>-在B Riley Securities首次对凯撒娱乐给予买入评级和每股191美元的目标价后，该赌场股票在周五盘前交易中上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/WRBY\">Warby Parker Inc.</a> — Shares of the eyeglasses company fell in premarket trading on Friday after the company reported wider-than-expected losses as direct listing costs offset 32% sales growth. Warby’s net loss for the three-month period ended Sept. 30 widened to $91.1 million, or $1.45 per share, compared with a loss of $41.6 million, or 78 cents a share, a year earlier.</p><p><blockquote><a href=\"https://laohu8.com/S/WRBY\">沃比·帕克公司。</a>-由于直接上市成本抵消了32%的销售增长，该眼镜公司报告亏损超出预期，该公司股价周五在盘前交易中下跌。截至9月30日的三个月期间，Warby的净亏损扩大至9110万美元，即每股1.45美元，而去年同期的亏损为4160万美元，即每股78美分。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194859533","content_text":"U.S. stock index futures edged higher on Friday as Johnson & Johnson and technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.\nAt 8:00 a.m. ET, Dow E-minis were up 95 points, or 0.27%, S&P 500 E-minis were up 9.75 points, or 0.21% and Nasdaq 100 E-minis were up 42.25 points, or 0.26%.\n*Source From Tiger Trade, EST 08:00\nAll the major U.S. indexes were set for a more than 1% weekly drop, their first since the week ended Oct. 1, as hot inflation numbers sapped investor sentiment and halted an earnings-driven streak of record closing highs.\nRising price pressures across the globe have been a top concern for market participants, with focus now shifting towards how consumer spending would fare as the holiday shopping season approaches.\nStocks making the biggest moves in the premarket:\nJohnson & Johnson — Shares of Johnson & Johnson rose nearly 4% in premarket trading on Friday after announcing plans to split its consumer health business off from its pharmaceutical and medical device operations.\nRivian Automotive, Inc. — Shares of the newly public electric carmaker continued to rally in premarket trading on Friday after rising more than22% in Thursday’s session. This followed Wednesday’s market debut where the stock surged 29%. The Amazon- and Ford-backed company already surpassed both Ford and General Motors by market cap, reaching a valuation of $104.9 billion.\nLordstown Motors Corp.  — Shares of the auto startup plummeted 10% in premarket trading on Friday after the company reported another quarter with no revenue. Lordstown said it plans to produce and deliver its Endurance truck in the third quarter of 2022. The company’s loss per share was narrower than expected in its most recent quarter, according to Refinitiv. BTIG also downgraded Lordstown Motors to neutral from buy.\nWM Technology, Inc. — Software company WM Technology was 13% lower in premarket trading on Friday after missing on the top and bottom lines of its quarterly results. WM Technology’s fourth-quarter guidance also came in under expectations.\nNVIDIA Corp —Shares of the chip stock fell slightly in premarket trading on Friday after Wedbush downgraded Nvidia to neutral from outperform on valuation. The Wedbush analyst is struggling to justify Nvidia trading 55x the firm’s 2024 numbers.\nHewlett Packard Enterprise — Shares of Hewlett Packard Enterprise ticked lower in premarket trading on Friday after Goldman Sachs downgraded the stock to sell from neutral, citing a weakening IT spending environment in late 2021 and early 2022. The Wall Street firm cut its price target to $14 per share from $16 per share.\nBlink Charging  — Shares of the electric vehicle charging stock rose 5% in premarket trading on Friday as investors cheered strong third-quarter revenue. The company reported $6.4 million in revenue, well ahead of the $4.7 million expected by analysts, according to Refinitiv.\nCaesars Entertainment — Shares of the casino stock rose in premarket trading on Friday after B Riley Securities initiated coverage of Caesars Entertainment with a buy rating and a $191 per share price target.\nWarby Parker Inc. — Shares of the eyeglasses company fell in premarket trading on Friday after the company reported wider-than-expected losses as direct listing costs offset 32% sales growth. Warby’s net loss for the three-month period ended Sept. 30 widened to $91.1 million, or $1.45 per share, compared with a loss of $41.6 million, or 78 cents a share, a year earlier.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851172654,"gmtCreate":1634887441908,"gmtModify":1634887441908,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/851172654","repostId":"1185062694","repostType":4,"repost":{"id":"1185062694","kind":"news","pubTimestamp":1634865812,"share":"https://www.laohu8.com/m/news/1185062694?lang=zh_CN&edition=full","pubTime":"2021-10-22 09:23","market":"us","language":"en","title":"‘FOMO’ has made lots of money for stock investors but now ‘YARO’ is the market move<blockquote>“FOMO”为股票投资者赚了很多钱，但现在“YARO”成为市场走势</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185062694","media":"MarketWatch","summary":"‘Yet Another Reopening Trade (YARO) focuses on quality companies and avoids frothy technology and ‘i","content":"<p>‘Yet Another Reopening Trade (YARO) focuses on quality companies and avoids frothy technology and ‘innovation’ stocks</p><p><blockquote>“另一个重新开放的交易（YARO）专注于优质公司，避免泡沫技术和“创新”股票</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1049f347eda58620bbbdada442c87ff1\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>MarketWatch photo illustration/iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch照片插图/iStockphoto</span></p></blockquote></p><p> As the ravages of the latest COVID variant settle, stock markets are bracing for Yet Another Reopening trade (YARO).</p><p><blockquote>随着最新新冠病毒变种的破坏平息，股市正准备迎接另一次重新开放交易（YARO）。</blockquote></p><p> Yes, here we go with the expert definition and nuances of the word “transitory” and the debate that follows as it applies to inflation. We have argued that the North Star in this current equity regime is an expansion of the profits cycle. The challenge in this period has become the start-stop-and-start-again motion of the reopening as the complexities of COVID/supply chain events warp a traditional profits rebound.</p><p><blockquote>是的，这里我们来看看专家对“暂时性”一词的定义和细微差别，以及随之而来的关于它适用于通货膨胀的争论。我们认为，当前股权制度中的北极星是利润周期的扩张。由于COVID/供应链事件的复杂性扭曲了传统的利润反弹，这一时期的挑战已经成为重新开放的开始-停止-重新开始的运动。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d8d016a60ef5335fc00a6ae15099f106\" tg-width=\"700\" tg-height=\"599\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> We continue to make a case for investing in higher quality firms to better navigate this moment while limiting exposure to innovation firms to reduce risk. Secular highs in the valuation of innovation shares are a source of risk as interest rates reverse course and Fed-watching returns to prime time viewing.</p><p><blockquote>我们继续为投资更高质量的公司提供理由，以更好地应对这一时刻，同时限制对创新公司的投资以降低风险。随着利率逆转和美联储观察回归黄金时段，创新股估值的长期高位是风险来源。</blockquote></p><p> Investors will shift their gaze again to a tapering tantrum. In this back and forth state of COVID-on, COVID-off, chasing the tails of the tape will leave investors tired as they frantically recalibrate their portfolios. The focus on higher quality with a valuation bias should offer the best path forward as investors weigh the chances of Yet Another Reopening Trade.</p><p><blockquote>投资者将再次将目光转向逐渐减弱的脾气。在这种COVID-on、COVID-off的来回状态下，追逐磁带的尾部会让投资者在疯狂地重新调整投资组合时感到疲倦。随着投资者权衡再次重新开放交易的可能性，对更高质量和估值偏差的关注应该会提供最佳的前进道路。</blockquote></p><p> This see-saw action between weaker-than-expected inflation and liquidity-driven reflation fears has drained investors this cycle as we head into a likely choppy fourth quarter. As the global economy has started to reopen, albeit in a mixed fashion, sales growth in the U.S. has rebounded to a solid 7.4% year over year with the latest reporting.</p><p><blockquote>随着我们进入可能动荡的第四季度，弱于预期的通胀和流动性驱动的通货再膨胀担忧之间的拉锯战已经耗尽了投资者本周期的资金。随着全球经济开始重新开放，尽管方式参差不齐，但根据最新报告，美国的销售额同比增长已反弹至7.4%。</blockquote></p><p> In other words, the early stage gains are most likely behind us.&nbsp; Investors should position for continued expansion and look to firms with higher profit margin and better balance sheets .</p><p><blockquote>换句话说，早期的涨幅很可能已经过去了。投资者应该做好继续扩张的准备，并关注利润率更高、资产负债表更好的公司。</blockquote></p><p> Importantly, high quality firms remain notably discounted as investors ignored basics such as margins and balance sheets to chase after liquidity-driven, innovation-centric names during the lock-down. This was further exacerbated as the vaccine/reopening surge inflated deep cyclicals.</p><p><blockquote>重要的是，由于投资者在锁定期间忽视了利润率和资产负债表等基本因素，转而追逐流动性驱动、以创新为中心的公司，优质公司仍然受到明显折扣。随着疫苗/重新开放激增推高了深度周期性，这种情况进一步加剧。</blockquote></p><p> Combined, these elements explain why higher quality firms are selling at historical discounts. Relative to low quality, high-quality firms are trading at EV/Sales that are 1.4, 1.8, and 1.1 standard deviations below their historical averages for large-, mid- and small-cap firms, respectively.</p><p><blockquote>综合起来，这些因素解释了为什么高质量的公司以历史折扣出售。相对于低质量公司，高质量公司的EV/销售额分别比大型、中型和小型公司的历史平均水平低1.4、1.8和1.1个标准差。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/320d91f01ccd69e7974e784e94bcae06\" tg-width=\"700\" tg-height=\"684\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The reopening fallout should also continue to place upward pressure on rates, therefore adversely impacting aggressive growth, innovation shares.</p><p><blockquote>重新开放的影响也将继续给利率带来上行压力，从而对激进的增长和创新股产生不利影响。</blockquote></p><p> COVID infection rates have begun to ebb, signaling a shift in markets from a narrow economy to a reopening posture, again. To no surprise, Fed-watching has resurfaced as equities with rich multiples require low/favorable interest rate backdrop to thrive. A full-on reopening of the global economy places aggressive growth firms trading at historic highs at risk.</p><p><blockquote>COVID感染率已经开始下降，标志着市场再次从狭窄的经济转向重新开放的姿态。毫不奇怪，随着市盈率高的股票需要低/有利的利率背景才能蓬勃发展，对美联储的关注重新浮出水面。全球经济的全面重新开放使处于历史高位的激进成长型公司面临风险。</blockquote></p><p> We have seen rate risk for innovation baskets as they tumbled when rates rose in September.&nbsp; Historical data underscores another example of equity market performance sensitivity to interest rate swings. In a short span from the end of July to the end of September, yield on the 10-year Treasury note&nbsp;climbed to 1.46% from 1.18%. The equity-market fallout was quite direct — the Nasdaq Composite&nbsp;lost 1.53%, the growth index tumbled 1.10% and the technology sector shed 1.23%. Notice that as fears of the delta variant appear to be subsiding and vaccination rates began rising, investors’ focus has returned to reopening and therefore central bank policy.</p><p><blockquote>我们已经看到了创新篮子的利率风险，因为它们在9月份利率上升时暴跌。历史数据强调了股市表现对利率波动敏感性的另一个例子。从7月底到9月底的短时间内，10年期国债收益率从1.18%攀升至1.46%。股市的影响相当直接——纳斯达克综合指数下跌1.53%，增长指数下跌1.10%，科技板块下跌1.23%。请注意，随着对德尔塔变异毒株的担忧似乎正在消退，疫苗接种率开始上升，投资者的注意力又回到了重新开放以及央行政策上。</blockquote></p><p> As U.S. businesses and schools reopen, the focus back to liquidity will continue to fuel the fears of nervous market participants struggling to weigh the durability of the Fed liquidity support. This nervousness temporarily faded as COVID variants attacked sizable regions within the states. If the jump in innovation stocks began with a historic surge in liquidity, investors are rightfully concerned that any attempt to taper the market support will have adverse spillover effects on the valuation of the most aggressive parts of the equity landscape.</p><p><blockquote>随着美国企业和学校重新开放，对流动性的关注将继续加剧紧张的市场参与者的担忧，他们正在努力权衡美联储流动性支持的持久性。随着COVID变种攻击各州内相当大的地区，这种紧张情绪暂时消退。如果创新股的上涨始于流动性的历史性激增，那么投资者有理由担心，任何削弱市场支持的尝试都会对股市中最激进部分的估值产生不利的溢出效应。</blockquote></p><p></p><p> The innovation sector may be the epicenter of the market focus as interest rates become turbulent.&nbsp; Figure 2, below, demonstrates the high valuation of innovation firms as represented by the ARK Next Generation Internet ETF.At the end of August, the ARK Next Gen Internet ETF was trading at 13.4x EV/Sales vs. 3.6x EV/Sales for the large- and midcap markets.</p><p><blockquote>随着利率变得动荡，创新板块可能成为市场关注的中心。下图2显示了以ARK下一代互联网ETF为代表的创新公司的高估值。截至8月底，ARK Next Gen Internet ETF的EV/销售额为13.4倍，而大中型市场的EV/销售额为3.6倍。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33c6defec31004783d4d04fa0456eed7\" tg-width=\"700\" tg-height=\"598\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> More broadly, the technology sector is also trading at extremely rich levels. On a historical basis, the smaller-company technology sector is trading with a 85% premium to the broader market compared to long term 33% premium on a trailing EV/Sales basis. The large- and midcap technology sector is trading with a 113% premium to the broader market vs. the 58% historical premium.</p><p><blockquote>更广泛地说，科技行业的交易水平也非常高。从历史上看，小公司科技行业的交易价格较大盘溢价85%，而按历史EV/销售额计算，长期溢价为33%。大中型科技板块的交易价格较大盘溢价113%，而历史溢价为58%。</blockquote></p><p> Although shy of the peak multiples seen in February, smaller innovation stocks trade in excess of 20x sales and large-caps north of 19x sales. During the selloff in September, we witnessed large-cap innovation stocks weaken by more than 5%.</p><p><blockquote>尽管低于2月份的峰值市盈率，但规模较小的创新股的市盈率超过20倍，大盘股的市盈率超过19倍。在9月份的抛售中，我们目睹了大盘创新股下跌超过5%。</blockquote></p><p> Bottom line: As the U.S. economy continues to reopen, it becomes clearer that the highest expectation firms cannot climb much higher or maintain the existing premia from current levels.</p><p><blockquote>底线：随着美国经济继续重新开放，越来越明显的是，最高预期的公司无法攀升得更高或维持当前水平的现有溢价。</blockquote></p><p> The North Star to the current environment remains an expanding profits cycle that will continue to force a valuation focus. Innovation firms will likely struggle as the reopening takes hold and impacts U.S. interest rates adversely. Importantly, looking to firms with superior margins and better balance sheets will become more prominent as this recovering profit cycle ages.</p><p><blockquote>北极星目前的环境仍然是一个不断扩大的利润周期，这将继续迫使人们关注估值。随着重新开放并对美国利率产生不利影响，创新公司可能会陷入困境。重要的是，随着利润复苏周期的延长，寻找利润率更高、资产负债表更好的公司将变得更加突出。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘FOMO’ has made lots of money for stock investors but now ‘YARO’ is the market move<blockquote>“FOMO”为股票投资者赚了很多钱，但现在“YARO”成为市场走势</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\">\n‘FOMO’ has made lots of money for stock investors but now ‘YARO’ is the market move<blockquote>“FOMO”为股票投资者赚了很多钱，但现在“YARO”成为市场走势</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-10-22 09:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>‘Yet Another Reopening Trade (YARO) focuses on quality companies and avoids frothy technology and ‘innovation’ stocks</p><p><blockquote>“另一个重新开放的交易（YARO）专注于优质公司，避免泡沫技术和“创新”股票</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1049f347eda58620bbbdada442c87ff1\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>MarketWatch photo illustration/iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch照片插图/iStockphoto</span></p></blockquote></p><p> As the ravages of the latest COVID variant settle, stock markets are bracing for Yet Another Reopening trade (YARO).</p><p><blockquote>随着最新新冠病毒变种的破坏平息，股市正准备迎接另一次重新开放交易（YARO）。</blockquote></p><p> Yes, here we go with the expert definition and nuances of the word “transitory” and the debate that follows as it applies to inflation. We have argued that the North Star in this current equity regime is an expansion of the profits cycle. The challenge in this period has become the start-stop-and-start-again motion of the reopening as the complexities of COVID/supply chain events warp a traditional profits rebound.</p><p><blockquote>是的，这里我们来看看专家对“暂时性”一词的定义和细微差别，以及随之而来的关于它适用于通货膨胀的争论。我们认为，当前股权制度中的北极星是利润周期的扩张。由于COVID/供应链事件的复杂性扭曲了传统的利润反弹，这一时期的挑战已经成为重新开放的开始-停止-重新开始的运动。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d8d016a60ef5335fc00a6ae15099f106\" tg-width=\"700\" tg-height=\"599\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> We continue to make a case for investing in higher quality firms to better navigate this moment while limiting exposure to innovation firms to reduce risk. Secular highs in the valuation of innovation shares are a source of risk as interest rates reverse course and Fed-watching returns to prime time viewing.</p><p><blockquote>我们继续为投资更高质量的公司提供理由，以更好地应对这一时刻，同时限制对创新公司的投资以降低风险。随着利率逆转和美联储观察回归黄金时段，创新股估值的长期高位是风险来源。</blockquote></p><p> Investors will shift their gaze again to a tapering tantrum. In this back and forth state of COVID-on, COVID-off, chasing the tails of the tape will leave investors tired as they frantically recalibrate their portfolios. The focus on higher quality with a valuation bias should offer the best path forward as investors weigh the chances of Yet Another Reopening Trade.</p><p><blockquote>投资者将再次将目光转向逐渐减弱的脾气。在这种COVID-on、COVID-off的来回状态下，追逐磁带的尾部会让投资者在疯狂地重新调整投资组合时感到疲倦。随着投资者权衡再次重新开放交易的可能性，对更高质量和估值偏差的关注应该会提供最佳的前进道路。</blockquote></p><p> This see-saw action between weaker-than-expected inflation and liquidity-driven reflation fears has drained investors this cycle as we head into a likely choppy fourth quarter. As the global economy has started to reopen, albeit in a mixed fashion, sales growth in the U.S. has rebounded to a solid 7.4% year over year with the latest reporting.</p><p><blockquote>随着我们进入可能动荡的第四季度，弱于预期的通胀和流动性驱动的通货再膨胀担忧之间的拉锯战已经耗尽了投资者本周期的资金。随着全球经济开始重新开放，尽管方式参差不齐，但根据最新报告，美国的销售额同比增长已反弹至7.4%。</blockquote></p><p> In other words, the early stage gains are most likely behind us.&nbsp; Investors should position for continued expansion and look to firms with higher profit margin and better balance sheets .</p><p><blockquote>换句话说，早期的涨幅很可能已经过去了。投资者应该做好继续扩张的准备，并关注利润率更高、资产负债表更好的公司。</blockquote></p><p> Importantly, high quality firms remain notably discounted as investors ignored basics such as margins and balance sheets to chase after liquidity-driven, innovation-centric names during the lock-down. This was further exacerbated as the vaccine/reopening surge inflated deep cyclicals.</p><p><blockquote>重要的是，由于投资者在锁定期间忽视了利润率和资产负债表等基本因素，转而追逐流动性驱动、以创新为中心的公司，优质公司仍然受到明显折扣。随着疫苗/重新开放激增推高了深度周期性，这种情况进一步加剧。</blockquote></p><p> Combined, these elements explain why higher quality firms are selling at historical discounts. Relative to low quality, high-quality firms are trading at EV/Sales that are 1.4, 1.8, and 1.1 standard deviations below their historical averages for large-, mid- and small-cap firms, respectively.</p><p><blockquote>综合起来，这些因素解释了为什么高质量的公司以历史折扣出售。相对于低质量公司，高质量公司的EV/销售额分别比大型、中型和小型公司的历史平均水平低1.4、1.8和1.1个标准差。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/320d91f01ccd69e7974e784e94bcae06\" tg-width=\"700\" tg-height=\"684\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The reopening fallout should also continue to place upward pressure on rates, therefore adversely impacting aggressive growth, innovation shares.</p><p><blockquote>重新开放的影响也将继续给利率带来上行压力，从而对激进的增长和创新股产生不利影响。</blockquote></p><p> COVID infection rates have begun to ebb, signaling a shift in markets from a narrow economy to a reopening posture, again. To no surprise, Fed-watching has resurfaced as equities with rich multiples require low/favorable interest rate backdrop to thrive. A full-on reopening of the global economy places aggressive growth firms trading at historic highs at risk.</p><p><blockquote>COVID感染率已经开始下降，标志着市场再次从狭窄的经济转向重新开放的姿态。毫不奇怪，随着市盈率高的股票需要低/有利的利率背景才能蓬勃发展，对美联储的关注重新浮出水面。全球经济的全面重新开放使处于历史高位的激进成长型公司面临风险。</blockquote></p><p> We have seen rate risk for innovation baskets as they tumbled when rates rose in September.&nbsp; Historical data underscores another example of equity market performance sensitivity to interest rate swings. In a short span from the end of July to the end of September, yield on the 10-year Treasury note&nbsp;climbed to 1.46% from 1.18%. The equity-market fallout was quite direct — the Nasdaq Composite&nbsp;lost 1.53%, the growth index tumbled 1.10% and the technology sector shed 1.23%. Notice that as fears of the delta variant appear to be subsiding and vaccination rates began rising, investors’ focus has returned to reopening and therefore central bank policy.</p><p><blockquote>我们已经看到了创新篮子的利率风险，因为它们在9月份利率上升时暴跌。历史数据强调了股市表现对利率波动敏感性的另一个例子。从7月底到9月底的短时间内，10年期国债收益率从1.18%攀升至1.46%。股市的影响相当直接——纳斯达克综合指数下跌1.53%，增长指数下跌1.10%，科技板块下跌1.23%。请注意，随着对德尔塔变异毒株的担忧似乎正在消退，疫苗接种率开始上升，投资者的注意力又回到了重新开放以及央行政策上。</blockquote></p><p> As U.S. businesses and schools reopen, the focus back to liquidity will continue to fuel the fears of nervous market participants struggling to weigh the durability of the Fed liquidity support. This nervousness temporarily faded as COVID variants attacked sizable regions within the states. If the jump in innovation stocks began with a historic surge in liquidity, investors are rightfully concerned that any attempt to taper the market support will have adverse spillover effects on the valuation of the most aggressive parts of the equity landscape.</p><p><blockquote>随着美国企业和学校重新开放，对流动性的关注将继续加剧紧张的市场参与者的担忧，他们正在努力权衡美联储流动性支持的持久性。随着COVID变种攻击各州内相当大的地区，这种紧张情绪暂时消退。如果创新股的上涨始于流动性的历史性激增，那么投资者有理由担心，任何削弱市场支持的尝试都会对股市中最激进部分的估值产生不利的溢出效应。</blockquote></p><p></p><p> The innovation sector may be the epicenter of the market focus as interest rates become turbulent.&nbsp; Figure 2, below, demonstrates the high valuation of innovation firms as represented by the ARK Next Generation Internet ETF.At the end of August, the ARK Next Gen Internet ETF was trading at 13.4x EV/Sales vs. 3.6x EV/Sales for the large- and midcap markets.</p><p><blockquote>随着利率变得动荡，创新板块可能成为市场关注的中心。下图2显示了以ARK下一代互联网ETF为代表的创新公司的高估值。截至8月底，ARK Next Gen Internet ETF的EV/销售额为13.4倍，而大中型市场的EV/销售额为3.6倍。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/33c6defec31004783d4d04fa0456eed7\" tg-width=\"700\" tg-height=\"598\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> More broadly, the technology sector is also trading at extremely rich levels. On a historical basis, the smaller-company technology sector is trading with a 85% premium to the broader market compared to long term 33% premium on a trailing EV/Sales basis. The large- and midcap technology sector is trading with a 113% premium to the broader market vs. the 58% historical premium.</p><p><blockquote>更广泛地说，科技行业的交易水平也非常高。从历史上看，小公司科技行业的交易价格较大盘溢价85%，而按历史EV/销售额计算，长期溢价为33%。大中型科技板块的交易价格较大盘溢价113%，而历史溢价为58%。</blockquote></p><p> Although shy of the peak multiples seen in February, smaller innovation stocks trade in excess of 20x sales and large-caps north of 19x sales. During the selloff in September, we witnessed large-cap innovation stocks weaken by more than 5%.</p><p><blockquote>尽管低于2月份的峰值市盈率，但规模较小的创新股的市盈率超过20倍，大盘股的市盈率超过19倍。在9月份的抛售中，我们目睹了大盘创新股下跌超过5%。</blockquote></p><p> Bottom line: As the U.S. economy continues to reopen, it becomes clearer that the highest expectation firms cannot climb much higher or maintain the existing premia from current levels.</p><p><blockquote>底线：随着美国经济继续重新开放，越来越明显的是，最高预期的公司无法攀升得更高或维持当前水平的现有溢价。</blockquote></p><p> The North Star to the current environment remains an expanding profits cycle that will continue to force a valuation focus. Innovation firms will likely struggle as the reopening takes hold and impacts U.S. interest rates adversely. Importantly, looking to firms with superior margins and better balance sheets will become more prominent as this recovering profit cycle ages.</p><p><blockquote>北极星目前的环境仍然是一个不断扩大的利润周期，这将继续迫使人们关注估值。随着重新开放并对美国利率产生不利影响，创新公司可能会陷入困境。重要的是，随着利润复苏周期的延长，寻找利润率更高、资产负债表更好的公司将变得更加突出。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/fomo-has-made-lots-of-money-for-stock-investors-but-now-yaro-is-the-market-move-11634851883?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internet ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯","COMP":"Compass, Inc.",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/fomo-has-made-lots-of-money-for-stock-investors-but-now-yaro-is-the-market-move-11634851883?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185062694","content_text":"‘Yet Another Reopening Trade (YARO) focuses on quality companies and avoids frothy technology and ‘innovation’ stocks\nMarketWatch photo illustration/iStockphoto\nAs the ravages of the latest COVID variant settle, stock markets are bracing for Yet Another Reopening trade (YARO).\nYes, here we go with the expert definition and nuances of the word “transitory” and the debate that follows as it applies to inflation. We have argued that the North Star in this current equity regime is an expansion of the profits cycle. The challenge in this period has become the start-stop-and-start-again motion of the reopening as the complexities of COVID/supply chain events warp a traditional profits rebound.\n\nWe continue to make a case for investing in higher quality firms to better navigate this moment while limiting exposure to innovation firms to reduce risk. Secular highs in the valuation of innovation shares are a source of risk as interest rates reverse course and Fed-watching returns to prime time viewing.\nInvestors will shift their gaze again to a tapering tantrum. In this back and forth state of COVID-on, COVID-off, chasing the tails of the tape will leave investors tired as they frantically recalibrate their portfolios. The focus on higher quality with a valuation bias should offer the best path forward as investors weigh the chances of Yet Another Reopening Trade.\nThis see-saw action between weaker-than-expected inflation and liquidity-driven reflation fears has drained investors this cycle as we head into a likely choppy fourth quarter. As the global economy has started to reopen, albeit in a mixed fashion, sales growth in the U.S. has rebounded to a solid 7.4% year over year with the latest reporting.\nIn other words, the early stage gains are most likely behind us.  Investors should position for continued expansion and look to firms with higher profit margin and better balance sheets .\nImportantly, high quality firms remain notably discounted as investors ignored basics such as margins and balance sheets to chase after liquidity-driven, innovation-centric names during the lock-down. This was further exacerbated as the vaccine/reopening surge inflated deep cyclicals.\nCombined, these elements explain why higher quality firms are selling at historical discounts. Relative to low quality, high-quality firms are trading at EV/Sales that are 1.4, 1.8, and 1.1 standard deviations below their historical averages for large-, mid- and small-cap firms, respectively.\n\nThe reopening fallout should also continue to place upward pressure on rates, therefore adversely impacting aggressive growth, innovation shares.\nCOVID infection rates have begun to ebb, signaling a shift in markets from a narrow economy to a reopening posture, again. To no surprise, Fed-watching has resurfaced as equities with rich multiples require low/favorable interest rate backdrop to thrive. A full-on reopening of the global economy places aggressive growth firms trading at historic highs at risk.\nWe have seen rate risk for innovation baskets as they tumbled when rates rose in September.  Historical data underscores another example of equity market performance sensitivity to interest rate swings. In a short span from the end of July to the end of September, yield on the 10-year Treasury note climbed to 1.46% from 1.18%. The equity-market fallout was quite direct — the Nasdaq Composite lost 1.53%, the growth index tumbled 1.10% and the technology sector shed 1.23%. Notice that as fears of the delta variant appear to be subsiding and vaccination rates began rising, investors’ focus has returned to reopening and therefore central bank policy.\nAs U.S. businesses and schools reopen, the focus back to liquidity will continue to fuel the fears of nervous market participants struggling to weigh the durability of the Fed liquidity support. This nervousness temporarily faded as COVID variants attacked sizable regions within the states. If the jump in innovation stocks began with a historic surge in liquidity, investors are rightfully concerned that any attempt to taper the market support will have adverse spillover effects on the valuation of the most aggressive parts of the equity landscape.\nThe innovation sector may be the epicenter of the market focus as interest rates become turbulent.  Figure 2, below, demonstrates the high valuation of innovation firms as represented by the ARK Next Generation Internet ETF.At the end of August, the ARK Next Gen Internet ETF was trading at 13.4x EV/Sales vs. 3.6x EV/Sales for the large- and midcap markets.\n\nMore broadly, the technology sector is also trading at extremely rich levels. On a historical basis, the smaller-company technology sector is trading with a 85% premium to the broader market compared to long term 33% premium on a trailing EV/Sales basis. The large- and midcap technology sector is trading with a 113% premium to the broader market vs. the 58% historical premium.\nAlthough shy of the peak multiples seen in February, smaller innovation stocks trade in excess of 20x sales and large-caps north of 19x sales. During the selloff in September, we witnessed large-cap innovation stocks weaken by more than 5%.\nBottom line: As the U.S. economy continues to reopen, it becomes clearer that the highest expectation firms cannot climb much higher or maintain the existing premia from current levels.\nThe North Star to the current environment remains an expanding profits cycle that will continue to force a valuation focus. Innovation firms will likely struggle as the reopening takes hold and impacts U.S. interest rates adversely. Importantly, looking to firms with superior margins and better balance sheets will become more prominent as this recovering profit cycle ages.","news_type":1,"symbols_score_info":{"COMP":0.9,"ARKW":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602418834,"gmtCreate":1639056186056,"gmtModify":1639056343190,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602418834","repostId":"1163175495","repostType":4,"repost":{"id":"1163175495","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":1639056901,"share":"https://www.laohu8.com/m/news/1163175495?lang=zh_CN&edition=full","pubTime":"2021-12-09 21:35","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163175495","media":"Tiger Newspress","summary":"U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.\nAt 8:34 ","content":"<p>U.S.&nbsp;stock-index futures hold solid losses after initial jobless claims come in at 184,000.</p><p><blockquote>首次申请失业救济人数达到184,000人后，美国股指期货继续下跌。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&amp;P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis下跌168点，跌幅0.47%，标普500 e-minis下跌21点，跌幅0.45%，纳斯达克100 e-minis下跌80.5点，跌幅0.49%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e48b5d3abdc91abde117585acac09b40\" tg-width=\"401\" tg-height=\"184\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Weekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.</p><p><blockquote>美国劳工部周四报告称，随着美国就业市场走出大流行时期的困境，上周每周申请失业救济人数大幅下降，创下52年来的新低。</blockquote></p><p> Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.</p><p><blockquote>截至12月4日当周，首次申请失业保险的人数为184,000人，是自1969年9月6日（182,000人）以来的最低水平。</blockquote></p><p> Initial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.</p><p><blockquote>根据道琼斯经济学家的调查，截至12月4日当周，首次申请失业保险的人数预计为21.1万人。</blockquote></p><p> Meanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.</p><p><blockquote>与此同时，一项避免美国债务违约并提高联邦政府28.9万亿美元债务上限的协议将于周四在参议院接受测试，届时众议院全体成员将就是否批准该措施进行投票。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>GameStop(GME)</b> – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.</p><p><blockquote><b>游戏驿站(GME)</b>-游戏驿站股价在盘前交易中下跌5.6%，此前这家视频游戏零售商公布了与去年同期相比更大的亏损，并披露了美国证券交易委员会8月份发出的涉及其股票交易的传票。</blockquote></p><p> <b>Lucid Group(LCID)</b> – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.</p><p><blockquote><b>Lucid集团(LCID)</b>–电动汽车制造商Lucid宣布发行17.5亿美元的可转换优先票据后，该公司股价在盘前下跌6.5%。</blockquote></p><p> <b>FuboTV(FUBO) </b>– The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.</p><p><blockquote><b>FuboTV（富博）</b>-该视频流媒体公司在摩根大通证券的新报道中被评为“跑赢大盘”，这是基于富博以体育为中心的产品作为差异化因素。该股在盘前上涨2.8%。</blockquote></p><p> <b>CVS Health(CVS)</b> – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.</p><p><blockquote><b>CVS健康(CVS)</b>–这家药店运营商在投资者日之前发布了新的指引，称预计2022年调整后每股利润为8.10美元至8.30美元，而市场普遍预期为8.24美元，营收好于预期。CVS还上调了2021年展望，股价盘前上涨2.6%。</blockquote></p><p> <b>Hormel(HRL)</b> – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.</p><p><blockquote><b>荷美尔(HRL)</b>–这家食品生产商的季度收益为每股51美分，超出预期1美分，收入也超出了华尔街的预期。荷美尔所有业务部门均实现两位数增长，股价在盘前交易中上涨1%。</blockquote></p><p> <b>RH(RH)</b> – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.</p><p><blockquote><b>相对湿度（相对湿度）</b>-该公司前身为Restoration Hardware，报告调整后季度收益为每股7.03美元，比预期高出40美分，而这家豪华家居用品零售商的收入超出预期。RH还上调了收入预期的下限。RH在盘前交易中飙升11%。</blockquote></p><p> <b>Rent The Runway(RENT)</b> – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.</p><p><blockquote><b>租用跑道（Rent）</b>–Rent The Runway在盘前下跌8.2%，此前这家时尚租赁公司公布的亏损幅度超过一年前，且订户数量尚未恢复到大流行前的水平。销售额确实比去年同期猛增了66%。</blockquote></p><p> <b>Apple(AAPL)</b> – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.</p><p><blockquote><b>苹果(AAPL)</b>-苹果赢得了上诉法院的裁决，推迟了对其应用商店的更改。早些时候的一项裁决命令苹果允许开发者在App Store之外提供支付替代方案，源于其与《堡垒之夜》开发商Epic Games的法律纠纷。另外，苹果的估值接近3万亿美元，这一估值将在股价达到182.86美元时实现。</blockquote></p><p> <b>Amazon(AMZN)</b>&nbsp;–&nbsp;Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.</p><p><blockquote><b>亚马逊(AMZN)</b>-意大利反垄断机构周四表示，已对电商巨头亚马逊处以11.3亿欧元（12.8亿美元）的罚款，原因是其涉嫌滥用市场支配地位。</blockquote></p><p> <b>AstraZeneca(AZN)</b> – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.</p><p><blockquote><b>阿斯利康(AZN)</b>-该制药商的Covid-19抗体治疗获得FDA批准，用于无法通过疫苗接种获得足够保护的患者。</blockquote></p><p> <b>LabCorp(LH)</b> – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.</p><p><blockquote><b>LabCorp(LH)</b>–这家医学实验室运营商宣布了一系列提高股东价值的措施，包括在2022年第二季度启动股息以及授权25亿美元的股票回购计划。</blockquote></p><p> <b>UiPath(PATH)</b>&nbsp;–&nbsp;UiPath stock dropped 1.5% in premarket trading&nbsp;even as the “software robots” provider’s quarterly results topped Wall Street expectations.</p><p><blockquote><b>UiPath（路径）</b>-UiPath股价在盘前交易中下跌1.5%，尽管这家“软件机器人”提供商的季度业绩超出了华尔街的预期。</blockquote></p><p> <b>Yum Brands(YUM)</b> – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.</p><p><blockquote><b>百胜餐饮集团(YUM)</b>-大西洋股票(Atlantic Equities)将肯德基、必胜客和塔可钟(Taco Bell)的母公司评级从“中性”上调至“跑赢大盘”，该公司认为这家连锁餐厅的回报可能会上升，而评级百胜是其在快餐店类别中最受欢迎的名称。百胜餐饮盘前上涨1%。</blockquote></p><p> <b>Pear Therapeutics(PEAR)</b>&nbsp;–&nbsp;Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company&nbsp;Pear Therapeutics&nbsp;began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company&nbsp;Thimble Point Acquisition Corp.&nbsp;last week.</p><p><blockquote><b>梨疗法(PEAR)</b>-Pear Therapeutics股价在盘前交易中飙升30%。处方数字治疗公司Pear Therapeutics在上周完成与特殊目的收购公司Thimble Point Acquisition Corp.的合并后，周一开始在纳斯达克交易。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday<blockquote>周四美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-09 21:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>U.S.&nbsp;stock-index futures hold solid losses after initial jobless claims come in at 184,000.</p><p><blockquote>首次申请失业救济人数达到184,000人后，美国股指期货继续下跌。</blockquote></p><p> At 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&amp;P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.</p><p><blockquote>截至美国东部时间上午8:34，道指e-minis下跌168点，跌幅0.47%，标普500 e-minis下跌21点，跌幅0.45%，纳斯达克100 e-minis下跌80.5点，跌幅0.49%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e48b5d3abdc91abde117585acac09b40\" tg-width=\"401\" tg-height=\"184\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Weekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.</p><p><blockquote>美国劳工部周四报告称，随着美国就业市场走出大流行时期的困境，上周每周申请失业救济人数大幅下降，创下52年来的新低。</blockquote></p><p> Initial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.</p><p><blockquote>截至12月4日当周，首次申请失业保险的人数为184,000人，是自1969年9月6日（182,000人）以来的最低水平。</blockquote></p><p> Initial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.</p><p><blockquote>根据道琼斯经济学家的调查，截至12月4日当周，首次申请失业保险的人数预计为21.1万人。</blockquote></p><p> Meanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.</p><p><blockquote>与此同时，一项避免美国债务违约并提高联邦政府28.9万亿美元债务上限的协议将于周四在参议院接受测试，届时众议院全体成员将就是否批准该措施进行投票。</blockquote></p><p> <b>Stocks making the biggest moves premarket: </b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <b>GameStop(GME)</b> – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.</p><p><blockquote><b>游戏驿站(GME)</b>-游戏驿站股价在盘前交易中下跌5.6%，此前这家视频游戏零售商公布了与去年同期相比更大的亏损，并披露了美国证券交易委员会8月份发出的涉及其股票交易的传票。</blockquote></p><p> <b>Lucid Group(LCID)</b> – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.</p><p><blockquote><b>Lucid集团(LCID)</b>–电动汽车制造商Lucid宣布发行17.5亿美元的可转换优先票据后，该公司股价在盘前下跌6.5%。</blockquote></p><p> <b>FuboTV(FUBO) </b>– The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.</p><p><blockquote><b>FuboTV（富博）</b>-该视频流媒体公司在摩根大通证券的新报道中被评为“跑赢大盘”，这是基于富博以体育为中心的产品作为差异化因素。该股在盘前上涨2.8%。</blockquote></p><p> <b>CVS Health(CVS)</b> – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.</p><p><blockquote><b>CVS健康(CVS)</b>–这家药店运营商在投资者日之前发布了新的指引，称预计2022年调整后每股利润为8.10美元至8.30美元，而市场普遍预期为8.24美元，营收好于预期。CVS还上调了2021年展望，股价盘前上涨2.6%。</blockquote></p><p> <b>Hormel(HRL)</b> – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.</p><p><blockquote><b>荷美尔(HRL)</b>–这家食品生产商的季度收益为每股51美分，超出预期1美分，收入也超出了华尔街的预期。荷美尔所有业务部门均实现两位数增长，股价在盘前交易中上涨1%。</blockquote></p><p> <b>RH(RH)</b> – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.</p><p><blockquote><b>相对湿度（相对湿度）</b>-该公司前身为Restoration Hardware，报告调整后季度收益为每股7.03美元，比预期高出40美分，而这家豪华家居用品零售商的收入超出预期。RH还上调了收入预期的下限。RH在盘前交易中飙升11%。</blockquote></p><p> <b>Rent The Runway(RENT)</b> – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.</p><p><blockquote><b>租用跑道（Rent）</b>–Rent The Runway在盘前下跌8.2%，此前这家时尚租赁公司公布的亏损幅度超过一年前，且订户数量尚未恢复到大流行前的水平。销售额确实比去年同期猛增了66%。</blockquote></p><p> <b>Apple(AAPL)</b> – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.</p><p><blockquote><b>苹果(AAPL)</b>-苹果赢得了上诉法院的裁决，推迟了对其应用商店的更改。早些时候的一项裁决命令苹果允许开发者在App Store之外提供支付替代方案，源于其与《堡垒之夜》开发商Epic Games的法律纠纷。另外，苹果的估值接近3万亿美元，这一估值将在股价达到182.86美元时实现。</blockquote></p><p> <b>Amazon(AMZN)</b>&nbsp;–&nbsp;Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.</p><p><blockquote><b>亚马逊(AMZN)</b>-意大利反垄断机构周四表示，已对电商巨头亚马逊处以11.3亿欧元（12.8亿美元）的罚款，原因是其涉嫌滥用市场支配地位。</blockquote></p><p> <b>AstraZeneca(AZN)</b> – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.</p><p><blockquote><b>阿斯利康(AZN)</b>-该制药商的Covid-19抗体治疗获得FDA批准，用于无法通过疫苗接种获得足够保护的患者。</blockquote></p><p> <b>LabCorp(LH)</b> – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.</p><p><blockquote><b>LabCorp(LH)</b>–这家医学实验室运营商宣布了一系列提高股东价值的措施，包括在2022年第二季度启动股息以及授权25亿美元的股票回购计划。</blockquote></p><p> <b>UiPath(PATH)</b>&nbsp;–&nbsp;UiPath stock dropped 1.5% in premarket trading&nbsp;even as the “software robots” provider’s quarterly results topped Wall Street expectations.</p><p><blockquote><b>UiPath（路径）</b>-UiPath股价在盘前交易中下跌1.5%，尽管这家“软件机器人”提供商的季度业绩超出了华尔街的预期。</blockquote></p><p> <b>Yum Brands(YUM)</b> – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.</p><p><blockquote><b>百胜餐饮集团(YUM)</b>-大西洋股票(Atlantic Equities)将肯德基、必胜客和塔可钟(Taco Bell)的母公司评级从“中性”上调至“跑赢大盘”，该公司认为这家连锁餐厅的回报可能会上升，而评级百胜是其在快餐店类别中最受欢迎的名称。百胜餐饮盘前上涨1%。</blockquote></p><p> <b>Pear Therapeutics(PEAR)</b>&nbsp;–&nbsp;Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company&nbsp;Pear Therapeutics&nbsp;began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company&nbsp;Thimble Point Acquisition Corp.&nbsp;last week.</p><p><blockquote><b>梨疗法(PEAR)</b>-Pear Therapeutics股价在盘前交易中飙升30%。处方数字治疗公司Pear Therapeutics在上周完成与特殊目的收购公司Thimble Point Acquisition Corp.的合并后，周一开始在纳斯达克交易。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","HRL":"荷美尔","LH":"徕博科","AAPL":"苹果","CVS":"西维斯健康","PATH":"UiPath","PEAR":"Pear Therapeutics","RENT":"Rent the Runway, Inc.","AZN":"阿斯利康","FUBO":"fuboTV Inc.",".IXIC":"NASDAQ Composite","RH":"RH","YUM":"Yum Brands","GME":"游戏驿站",".DJI":"道琼斯","LCID":"Lucid Group Inc","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163175495","content_text":"U.S. stock-index futures hold solid losses after initial jobless claims come in at 184,000.\nAt 8:34 a.m. ET, Dow e-minis were down 168 points, or 0.47%, S&P 500 e-minis were down 21 points, or 0.45%, and Nasdaq 100 e-minis were down 80.5 points, or 0.49%.\n\nWeekly jobless claims reached tumbled last week, reaching a fresh 52-year low as the U.S. jobs market climbs out of its pandemic-era hole, the Labor Department reported Thursday.\nInitial filings for unemployment insurance totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969, which saw 182,000.\nInitial claims for unemployment insurance were expected to total 211,000 for the week ended Dec. 4, according to a Dow Jones economist survey.\nMeanwhile, a deal to avert U.S. debt default and raise the federal government's $28.9 trillion debt limit will be tested on Thursday in the Senate when the full chamber votes on whether to approve the measure.\nStocks making the biggest moves premarket: \nGameStop(GME) – GameStop shares slid 5.6% in premarket trading after the videogame retailer posted a wider loss compared with a year earlier and also disclosed an August subpoena from the SEC involving the trading of its shares.\nLucid Group(LCID) – Lucid shares tumbled 6.5% in the premarket after the electric vehicle maker announced a $1.75 billion offering of convertible senior notes.\nFuboTV(FUBO) – The video streaming company was rated “overweight” in new coverage at J.P. Morgan Securities, based on Fubo’s sports-centered offerings as a differentiating factor. The stock jumped 2.8% in premarket action.\nCVS Health(CVS) – The drug store operator issued new guidance ahead of its investor day, saying it expects a 2022 adjusted profit of $8.10 to $8.30 per share compared with an $8.24 consensus estimate and better-than-expected revenue. CVS also raised its 2021 outlook, and the shares rallied 2.6% in the premarket.\nHormel(HRL) – The food producer beat estimates by a penny with quarterly earnings of 51 cents per share, and revenue that also topped Wall Street forecasts. Hormel saw double-digit growth across all of its business segments, and shares rose 1% in premarket trading.\nRH(RH) – The company formerly known as Restoration Hardware reported adjusted quarterly earnings of $7.03 per share, 40 cents above estimates, while the luxury home furnishings retailer’s revenue beat forecasts. RH also lifted the low end of its revenue outlook. RH surged 11% in premarket action.\nRent The Runway(RENT) – Rent The Runway tumbled 8.2% in the premarket after the fashion rental company posted a loss that was wider than a year ago and reported subscriber numbers that have not yet returned to pre-pandemic levels. Sales did surge 66% over the same quarter a year ago.\nApple(AAPL) – Apple won an appeals court decision that delays changes to its App Store. An earlier ruling had ordered Apple to allow developers to offer payment alternatives outside of the App Store, stemming from its legal dispute with “Fortnite” developer Epic Games. Separately, Apple is closing in on a $3 trillion valuation, which will be achieved when the share price hits $182.86.\nAmazon(AMZN) – Italy's antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance.\nAstraZeneca(AZN) – The drug maker’s Covid-19 antibody treatment won FDA approval for patients who cannot achieve adequate protection from vaccination.\nLabCorp(LH) – The medical lab operator announced a number of steps to enhance shareholder value, including the initiation of a dividend in the second quarter of 2022 and the authorization of a $2.5 billion share repurchase program.\nUiPath(PATH) – UiPath stock dropped 1.5% in premarket trading even as the “software robots” provider’s quarterly results topped Wall Street expectations.\nYum Brands(YUM) – The parent of KFC, Pizza Hut and Taco Bell was upgraded to “overweight” from “neutral” at Atlantic Equities, which sees the possibility of rising returns from the restaurant chain and calls Yum its favored name in the quick-service restaurant category. Yum rose 1% in the premarket.\nPear Therapeutics(PEAR) – Pear Therapeutics shares soared 30% in premarket trading.Prescription digital therapeutics company Pear Therapeutics began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company Thimble Point Acquisition Corp. last week.","news_type":1,"symbols_score_info":{"FUBO":0.9,"YMmain":0.9,"NQmain":0.9,"LCID":0.9,"PEAR":0.9,"AZN":0.9,"RENT":0.9,"RH":0.9,".IXIC":0.9,"ESmain":0.9,"AMZN":0.9,"YUM":0.9,"HRL":0.9,".SPX":0.9,"PATH":0.9,"GME":0.9,"AAPL":0.9,"LH":0.9,"CVS":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879754921,"gmtCreate":1636778382367,"gmtModify":1636778382367,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879754921","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":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":136763264,"gmtCreate":1622040003858,"gmtModify":1634184413114,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/136763264","repostId":"1162371755","repostType":4,"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":600722486,"gmtCreate":1638199304062,"gmtModify":1638199304150,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600722486","repostId":"1137393357","repostType":4,"repost":{"id":"1137393357","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":1638197348,"share":"https://www.laohu8.com/m/news/1137393357?lang=zh_CN&edition=full","pubTime":"2021-11-29 22:49","market":"us","language":"en","title":"Merck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137393357","media":"Tiger Newspress","summary":"Merck stock dipped more than 4% in morning trading as it was downgraded to neutral from buy by Citi ","content":"<p>Merck stock dipped more than 4% in morning trading&nbsp;as&nbsp;it&nbsp;was downgraded to neutral from buy by Citi Research.</p><p><blockquote>花旗研究部将默克股票评级从买入下调至中性，早盘交易中下跌超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/921cc70c00deb0f565b98bc2a7218479\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Disappointing results for some major drugs has limited the upside for&nbsp;Merck’s stock, according to Citi.</p><p><blockquote>花旗表示，一些主要药物令人失望的业绩限制了默克股票的上涨空间。</blockquote></p><p> Analyst Andrew Baum downgraded Merck to neutral from buy, saying in a note to clients on Monday that development struggles for the company’s HIV drug islatravir was taking a bite out of Merck’s long-term potential.</p><p><blockquote>分析师安德鲁·鲍姆(Andrew Baum)将默克公司的评级从买入下调至中性，他在周一给客户的一份报告中表示，该公司艾滋病毒药物islatravir的开发困难正在削弱默克公司的长期潜力。</blockquote></p><p> “Our long-standing investment thesis on MRK was based on underappreciation of MRK’s pipeline, especially islatravir for HIV to help to offset the forthcoming Keytruda [loss of exclusivity] ... We have removed our $4bn risk adjusted 2030 estimate from our model, reducing our EPS estimates up to 10%,” the note said.</p><p><blockquote>“我们对MRK的长期投资论点是基于对MRK产品线的低估，尤其是用于艾滋病毒的islatravir，以帮助抵消即将推出的Keytruda[排他性丧失]……我们已从模型中删除了40亿美元的风险调整后2030年估计，减少了我们的每股收益预期高达10%，”该报告称。</blockquote></p><p> Citi cut its price target on Merck to $85 per share from $105. The new target is about 7% above where the stock closed on Friday.</p><p><blockquote>花旗将默克的目标价从每股105美元下调至85美元。新目标比该股周五收盘价高出约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>Merck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</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\">\nMerck stock dipped more than 4% in morning trading<blockquote>默克股价早盘下跌逾4%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-29 22:49</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Merck stock dipped more than 4% in morning trading&nbsp;as&nbsp;it&nbsp;was downgraded to neutral from buy by Citi Research.</p><p><blockquote>花旗研究部将默克股票评级从买入下调至中性，早盘交易中下跌超过4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/921cc70c00deb0f565b98bc2a7218479\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Disappointing results for some major drugs has limited the upside for&nbsp;Merck’s stock, according to Citi.</p><p><blockquote>花旗表示，一些主要药物令人失望的业绩限制了默克股票的上涨空间。</blockquote></p><p> Analyst Andrew Baum downgraded Merck to neutral from buy, saying in a note to clients on Monday that development struggles for the company’s HIV drug islatravir was taking a bite out of Merck’s long-term potential.</p><p><blockquote>分析师安德鲁·鲍姆(Andrew Baum)将默克公司的评级从买入下调至中性，他在周一给客户的一份报告中表示，该公司艾滋病毒药物islatravir的开发困难正在削弱默克公司的长期潜力。</blockquote></p><p> “Our long-standing investment thesis on MRK was based on underappreciation of MRK’s pipeline, especially islatravir for HIV to help to offset the forthcoming Keytruda [loss of exclusivity] ... We have removed our $4bn risk adjusted 2030 estimate from our model, reducing our EPS estimates up to 10%,” the note said.</p><p><blockquote>“我们对MRK的长期投资论点是基于对MRK产品线的低估，尤其是用于艾滋病毒的islatravir，以帮助抵消即将推出的Keytruda[排他性丧失]……我们已从模型中删除了40亿美元的风险调整后2030年估计，减少了我们的每股收益预期高达10%，”该报告称。</blockquote></p><p> Citi cut its price target on Merck to $85 per share from $105. The new target is about 7% above where the stock closed on Friday.</p><p><blockquote>花旗将默克的目标价从每股105美元下调至85美元。新目标比该股周五收盘价高出约7%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRK":"默沙东"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137393357","content_text":"Merck stock dipped more than 4% in morning trading as it was downgraded to neutral from buy by Citi Research.\n\nDisappointing results for some major drugs has limited the upside for Merck’s stock, according to Citi.\nAnalyst Andrew Baum downgraded Merck to neutral from buy, saying in a note to clients on Monday that development struggles for the company’s HIV drug islatravir was taking a bite out of Merck’s long-term potential.\n“Our long-standing investment thesis on MRK was based on underappreciation of MRK’s pipeline, especially islatravir for HIV to help to offset the forthcoming Keytruda [loss of exclusivity] ... We have removed our $4bn risk adjusted 2030 estimate from our model, reducing our EPS estimates up to 10%,” the note said.\nCiti cut its price target on Merck to $85 per share from $105. The new target is about 7% above where the stock closed on Friday.","news_type":1,"symbols_score_info":{"MRK":0.9}},"isVote":1,"tweetType":1,"viewCount":4383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871292002,"gmtCreate":1637072435111,"gmtModify":1637072435190,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871292002","repostId":"1108871969","repostType":4,"repost":{"id":"1108871969","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":1637067845,"share":"https://www.laohu8.com/m/news/1108871969?lang=zh_CN&edition=full","pubTime":"2021-11-16 21:04","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108871969","media":"Tiger Newspress","summary":"Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of th","content":"<p>Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.<img src=\"https://static.tigerbbs.com/0a1b581989afad06f07b7a1874224263\" tg-width=\"1080\" tg-height=\"507\" width=\"100%\" height=\"auto\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;1&nbsp;point, or 0.02%, Nasdaq 100 e-minis&nbsp;were up&nbsp;0.75&nbsp;point, and Dow e-minis&nbsp; were&nbsp;up&nbsp;54&nbsp;points, or 0.15%.</p><p><blockquote>周二上午，在几家主要零售商公布季度收益后，交易员等待有关消费者状况的关键新经济数据，股指期货上涨。截至美国东部时间上午8:00，标普500 e-minis上涨1点，涨幅0.02%，纳斯达克100 e-minis上涨0.75点，道指e-minis上涨54点，涨幅0.15%。</blockquote></p><p> Investors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.</p><p><blockquote>投资者将于周二上午晚些时候收到商务部的月度零售销售数据，这将有助于显示消费者进入假日购物季的动力有多大。根据彭博社的共识数据，预计10月份零售额较9月份增长1.5%，较上月的0.7%有所加快。</blockquote></p><p> As usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.</p><p><blockquote>与往常一样，鉴于消费约占美国经济活动的三分之二，该报告将作为整体经济实力的指标受到密切关注。</blockquote></p><p> Earnings results from retail juggernaut <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> underscored solid shopping trends among American consumers. The company's&nbsp;closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.</p><p><blockquote>零售巨头的盈利结果<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>凸显了美国消费者稳健的购物趋势。根据彭博社的共识数据，该公司备受关注的美国第三季度可比同店销售额比去年增长9.2%，比2019年同期增长15.6%，超过了7%的增长预期。尽管越来越多的消费者重新开始亲自购物，但电子商务销售额也保持增长，增长了8%，好于预期，而预期为1.9%。报告发布后，沃尔玛股价早盘上涨，塔吉特(Target)和好市多(Costco)等同行股价也随之上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a>, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>与此同时，家得宝首席执行官克雷格·梅尼尔(Craig Menear)在家得宝(Home Depot)的财报中表示，该公司的销售和盈利业绩也好于预期，因为该公司继续看到“家居装修需求增加”。可比销售额增长6.1%，而预期增长1.5%，该股在盘前交易中收于历史新高。</blockquote></p><p> These reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&amp;P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.</p><p><blockquote>这些报告是在已经异常强劲的财报季结束时发布的。FactSet的数据显示，截至周五，92%的标普500公司公布了实际业绩，其中81%的公司公布了好于预期的盈利业绩。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> – <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>–<a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>每股超出预期1美分，季度收益为每股25美分。这家云计算公司的收入也超出了华尔街的预期。这是Rackspace连续第八个季度收入增长，该公司表示，它在蓬勃发展的市场中处于有利地位。其股价盘前飙升8.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> – <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.</p><p><blockquote><a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>–<a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>这家泰瑟枪、随身摄像机和其他公共安全设备制造商公布最近一个季度的销售额和收入远好于预期，盘前交易中股价飙升23.5%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> – <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.</p><p><blockquote><a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>–<a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>在伯克希尔哈撒韦公司(BRK.B)以4.75亿美元收购了这家药品特许权使用费购买者的新股份的消息传出后，该股在盘前交易中上涨7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a> – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>-这家家居装修零售商报告第三季度每股利润为3.92美元，比预期高出52美分。收入也超出了华尔街的预测。在家用工具和建筑材料需求的推动下，同店销售额增长6.1%，好于预期。该股盘前上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> – <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.</p><p><blockquote><a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>–<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>在营收和利润均超出预期并上调全年预期后，盘前交易中股价上涨2%。沃尔玛第三季度每股收益1.45美元，比预期高出5美分，同店销售额也超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> – <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>–<a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>最近一个季度每股收益为3.21美元，超过每股2.87美元的普遍预期。这家汽车零部件零售商在收入和其他关键指标上表现出色。然而，Advance Auto表示，其通胀阻力高于预期，该股在盘前下跌2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> – <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.</p><p><blockquote><a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>–<a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>该公司发布了强于预期的2023年至2025年利润和销售指引，扭转了该烈酒制造商此前放弃具体数字指引的立场，盘前交易中股价上涨2.4%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> –<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>–<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>首席执行官埃隆·马斯克在行使购买210万股股票的期权后，出售了9.3亿美元的股票以履行纳税义务。另外，摩根大通（JPM）正在起诉特斯拉，指控其违反与认股权证相关的合同。</blockquote></p><p> <a href=\"https://laohu8.com/S/ALV\">Autoliv</a> –<a href=\"https://laohu8.com/S/ALV\">Autoliv</a> rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>–<a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>在宣布高达15亿美元的新股票回购计划后，盘前上涨4.4%。这家汽车安全系统制造商还更新了增长目标，预计2024年及以后每年增长4%至6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> – <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.</p><p><blockquote><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>–<a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>这家电动汽车制造商报告其“Air”轿车的预订量超过17,000份，高于上一季度的13,000份，盘前股价飙升5.8%。Lucid还确认了2022年的生产目标。</blockquote></p><p> <a href=\"https://laohu8.com/S/WDAY\">Workday</a> – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.</p><p><blockquote><a href=\"https://laohu8.com/S/WDAY\">工作日</a>-瑞银将该股评级从“中性”上调至“买入”，原因是有迹象表明人力资源系统支出强劲，该人力资源软件公司盘前股价上涨2.4%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-16 21:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.<img src=\"https://static.tigerbbs.com/0a1b581989afad06f07b7a1874224263\" tg-width=\"1080\" tg-height=\"507\" width=\"100%\" height=\"auto\">At 8:00 a.m. ET, S&amp;P 500 e-minis were up&nbsp;1&nbsp;point, or 0.02%, Nasdaq 100 e-minis&nbsp;were up&nbsp;0.75&nbsp;point, and Dow e-minis&nbsp; were&nbsp;up&nbsp;54&nbsp;points, or 0.15%.</p><p><blockquote>周二上午，在几家主要零售商公布季度收益后，交易员等待有关消费者状况的关键新经济数据，股指期货上涨。截至美国东部时间上午8:00，标普500 e-minis上涨1点，涨幅0.02%，纳斯达克100 e-minis上涨0.75点，道指e-minis上涨54点，涨幅0.15%。</blockquote></p><p> Investors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.</p><p><blockquote>投资者将于周二上午晚些时候收到商务部的月度零售销售数据，这将有助于显示消费者进入假日购物季的动力有多大。根据彭博社的共识数据，预计10月份零售额较9月份增长1.5%，较上月的0.7%有所加快。</blockquote></p><p> As usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.</p><p><blockquote>与往常一样，鉴于消费约占美国经济活动的三分之二，该报告将作为整体经济实力的指标受到密切关注。</blockquote></p><p> Earnings results from retail juggernaut <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> underscored solid shopping trends among American consumers. The company's&nbsp;closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.</p><p><blockquote>零售巨头的盈利结果<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>凸显了美国消费者稳健的购物趋势。根据彭博社的共识数据，该公司备受关注的美国第三季度可比同店销售额比去年增长9.2%，比2019年同期增长15.6%，超过了7%的增长预期。尽管越来越多的消费者重新开始亲自购物，但电子商务销售额也保持增长，增长了8%，好于预期，而预期为1.9%。报告发布后，沃尔玛股价早盘上涨，塔吉特(Target)和好市多(Costco)等同行股价也随之上涨。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a>, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>与此同时，家得宝首席执行官克雷格·梅尼尔(Craig Menear)在家得宝(Home Depot)的财报中表示，该公司的销售和盈利业绩也好于预期，因为该公司继续看到“家居装修需求增加”。可比销售额增长6.1%，而预期增长1.5%，该股在盘前交易中收于历史新高。</blockquote></p><p> These reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&amp;P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.</p><p><blockquote>这些报告是在已经异常强劲的财报季结束时发布的。FactSet的数据显示，截至周五，92%的标普500公司公布了实际业绩，其中81%的公司公布了好于预期的盈利业绩。</blockquote></p><p> <b>Stocks making the biggest moves in the premarket:</b></p><p><blockquote><b>盘前涨幅最大的股票：</b></blockquote></p><p> <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> – <a href=\"https://laohu8.com/S/RXT\">Rackspace Technology</a> beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>–<a href=\"https://laohu8.com/S/RXT\">Rackspace技术</a>每股超出预期1美分，季度收益为每股25美分。这家云计算公司的收入也超出了华尔街的预期。这是Rackspace连续第八个季度收入增长，该公司表示，它在蓬勃发展的市场中处于有利地位。其股价盘前飙升8.3%。</blockquote></p><p> <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> – <a href=\"https://laohu8.com/S/AXON\">Axon Enterprise, Inc.</a> soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.</p><p><blockquote><a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>–<a href=\"https://laohu8.com/S/AXON\">Axon企业公司。</a>这家泰瑟枪、随身摄像机和其他公共安全设备制造商公布最近一个季度的销售额和收入远好于预期，盘前交易中股价飙升23.5%。</blockquote></p><p> <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> – <a href=\"https://laohu8.com/S/RPRX\">Royalty Pharma plc</a> rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.</p><p><blockquote><a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>–<a href=\"https://laohu8.com/S/RPRX\">皇家制药有限公司</a>在伯克希尔哈撒韦公司(BRK.B)以4.75亿美元收购了这家药品特许权使用费购买者的新股份的消息传出后，该股在盘前交易中上涨7.8%。</blockquote></p><p> <a href=\"https://laohu8.com/S/HD\">Home Depot</a> – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.</p><p><blockquote><a href=\"https://laohu8.com/S/HD\">家得宝</a>-这家家居装修零售商报告第三季度每股利润为3.92美元，比预期高出52美分。收入也超出了华尔街的预测。在家用工具和建筑材料需求的推动下，同店销售额增长6.1%，好于预期。该股盘前上涨1.1%。</blockquote></p><p> <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> – <a href=\"https://laohu8.com/S/WMT\">Wal-Mart</a> jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.</p><p><blockquote><a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>–<a href=\"https://laohu8.com/S/WMT\">沃尔玛</a>在营收和利润均超出预期并上调全年预期后，盘前交易中股价上涨2%。沃尔玛第三季度每股收益1.45美元，比预期高出5美分，同店销售额也超出预期。</blockquote></p><p> <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> – <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts</a> earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.</p><p><blockquote><a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>–<a href=\"https://laohu8.com/S/AAP\">高级汽车零部件</a>最近一个季度每股收益为3.21美元，超过每股2.87美元的普遍预期。这家汽车零部件零售商在收入和其他关键指标上表现出色。然而，Advance Auto表示，其通胀阻力高于预期，该股在盘前下跌2%。</blockquote></p><p> <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> – <a href=\"https://laohu8.com/S/DEO\">Diageo PLC</a> rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.</p><p><blockquote><a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>–<a href=\"https://laohu8.com/S/DEO\">帝亚吉欧公司</a>该公司发布了强于预期的2023年至2025年利润和销售指引，扭转了该烈酒制造商此前放弃具体数字指引的立场，盘前交易中股价上涨2.4%。</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> –<a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.</p><p><blockquote><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>–<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>首席执行官埃隆·马斯克在行使购买210万股股票的期权后，出售了9.3亿美元的股票以履行纳税义务。另外，摩根大通（JPM）正在起诉特斯拉，指控其违反与认股权证相关的合同。</blockquote></p><p> <a href=\"https://laohu8.com/S/ALV\">Autoliv</a> –<a href=\"https://laohu8.com/S/ALV\">Autoliv</a> rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.</p><p><blockquote><a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>–<a href=\"https://laohu8.com/S/ALV\">奥托立夫</a>在宣布高达15亿美元的新股票回购计划后，盘前上涨4.4%。这家汽车安全系统制造商还更新了增长目标，预计2024年及以后每年增长4%至6%。</blockquote></p><p> <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> – <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.</p><p><blockquote><a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>–<a href=\"https://laohu8.com/S/LCID\">Lucid集团公司</a>这家电动汽车制造商报告其“Air”轿车的预订量超过17,000份，高于上一季度的13,000份，盘前股价飙升5.8%。Lucid还确认了2022年的生产目标。</blockquote></p><p> <a href=\"https://laohu8.com/S/WDAY\">Workday</a> – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.</p><p><blockquote><a href=\"https://laohu8.com/S/WDAY\">工作日</a>-瑞银将该股评级从“中性”上调至“买入”，原因是有迹象表明人力资源系统支出强劲，该人力资源软件公司盘前股价上涨2.4%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108871969","content_text":"Stock futures gained Tuesday morning, with traders awaiting key new economic data on the state of the consumer after a couple of major retailers topped quarterly earnings results.At 8:00 a.m. ET, S&P 500 e-minis were up 1 point, or 0.02%, Nasdaq 100 e-minis were up 0.75 point, and Dow e-minis  were up 54 points, or 0.15%.\nInvestors are set to receive monthly retail sales data from the Commerce Department later Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating from the previous month’s 0.7% clip, according to Bloomberg consensus data.\nAs usual, the report will be closely monitored as an indicator of overall economic strength, given consumption comprises about two-thirds of U.S. economic activity.\nEarnings results from retail juggernaut Wal-Mart underscored solid shopping trends among American consumers. The company's closely watched U.S. comparable same-store salesgrew 9.2% over last year in the third quarter, and by 15.6% compared to the same period in 2019, to exceed estimates for growth of 7%, according to Bloomberg consensus data. E-commerce sales also held up and grew by a better-than-expected 8%, compared to the 1.9% rise expected, even as more consumers returned to in-person shopping. Shares of Walmart rose in early trading following the report, and shares of peers including Target and Costco rose in sympathy.\nHome Depot, meanwhile, also posted better-than-expected sales and earnings results as the company continued to see \"elevated home improvement demand,\" CEO Craig Menear said in Home Depot's earnings statement. Comparable sales grew 6.1% compared to the 1.5% rise anticipated, and the stock closed in on a record high in pre-market trading.\nThese reports came at the tail end of what has already been an exceptionally strong earnings season. As of Friday, 92% of S&P 500 companies had reported actual results, and of these, 81% of them had reported better-than-expected earnings results,according to FactSet.\nStocks making the biggest moves in the premarket:\nRackspace Technology – Rackspace Technology beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company’s revenue also topped Wall Street forecasts. It was Rackspace’s eighth consecutive quarter of revenue growth, and the company said it was well-positioned in a booming market. its shares surged 8.3% in the premarket.\nAxon Enterprise, Inc. – Axon Enterprise, Inc. soared 23.5 % in premarket trading, after the maker of Tasers, body cameras and other public safety equipment reported much-better-than-expected sales and revenue for its latest quarter.\nRoyalty Pharma plc – Royalty Pharma plc rallied 7.8% in premarket trading, following news thatBerkshire Hathaway(BRK.B) took a new $475 million stake in the drug royalty purchaser.\nHome Depot – The home improvement retailerreported third-quarter profit of $3.92 per share, 52 cents a share above estimates. Revenue also beat Street forecasts. Comparable-store sales were up a better-than-expected 6.1%, driven by demand for household tools and building materials. The stock rose 1.1% in the premarket.\nWal-Mart – Wal-Mart jumped 2% in premarket trading after beating on the top and bottom lines, and raising its full-year forecast. Walmart earned $1.45 per share for the third quarter, 5 cents a share above estimates, with comparable-store sales topping forecasts as well.\nAdvance Auto Parts – Advance Auto Parts earned $3.21 per share for its latest quarter, beating the $2.87 a share consensus estimate. The auto parts retailer beat on revenue and other key metrics. Advance Auto said it was seeing higher-than-expected inflation headwinds, however, and the stock fell 2% in premarket action.\nDiageo PLC – Diageo PLC rose 2.4% in premarket trading after it issued stronger-than-expected profit and sales guidance for 2023 through 2025, reversing the spirits maker’s prior stance of abandoning specific numerical guidance.\nTesla Motors –Tesla Motors CEO Elon Musk sold $930 million in shares to meet tax obligations after exercising options to buy 2.1 million shares. Separately,JPMorgan Chase(JPM) is suing Tesla, accusing it ofbreaching a contract related to stock warrants.\nAutoliv –Autoliv rallied 4.4% in the premarket, following the announcement of a new stock repurchase program of up to $1.5 billion. The maker of automotive safety systems also updated its growth target, expecting 4% to 6% growth per year in 2024 and beyond.\nLucid Group Inc – Lucid Group Inc surged 5.8% in premarket action after the electric vehicle maker reported more than 17,000 reservations for its “Air” sedan, up from 13,000 in the prior quarter. Lucid also confirmed its 2022 production targets.\nWorkday – The human resources software company added 2.4% in the premarket after UBS upgraded the stock to “buy” from “neutral,” on indications of stronger HR systems spending.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":990,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":830132752,"gmtCreate":1629025824976,"gmtModify":1633687891536,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Comment&nbsp;","listText":"Comment&nbsp;","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/830132752","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://www.laohu8.com/m/news/2159321288?lang=zh_CN&edition=full","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：GOOG）过去三年。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周推出的一项法案寻求对苹果和谷歌运营各自应用商店的方式进行更广泛的改变，Loup Funds管理合伙人吉恩·蒙斯特(Gene Munster)提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>蒙斯特指出，评级立法提出的允许第三方应用商店与App Store和谷歌Play商店合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序内明确做广告，以便消费者可以在App Store或Google Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买30%的采用率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案在成为法律之前必须得到众议院和参议院的批准。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>调节不自动为负：</b>蒙斯特表示，监管的最终结果不会自动对大型科技公司产生负面影响，因为当激励措施发生变化时，往往会出现意想不到的后果。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>分析师表示，即使苹果在压力下屈服，将接受率从30%降至10%（这种可能性不太可能），它最终仍可能赚更多钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌拥有更强的理由，因为它们创建了自己的移动应用商店并负责维护这些商店。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，该分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而损害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。该分析师表示，如果任何法规真的成为现实，最有可能的结果是苹果和谷歌将被迫删除其反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>这位分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出最简单的方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌0.14%，至149.10美元，谷歌收盘几乎持平，至2,768.12美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL的最新评级</blockquote></p><p> <table>  <tbody>   <tr>    <th>Date</th>    <th>Firm</th>    <th>Action</th>    <th>From</th>    <th>To</th>   </tr>  </tbody>  <tbody>   <tr>    <td>Jul 2021</td>    <td>Loop Capital</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Deutsche Bank</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Piper Sandler</td>    <td>Maintains</td>    <td></td>    <td>Overweight</td>   </tr>  </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>到</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维护</td><td></td><td>跑赢大盘</td></tr></tbody></table></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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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 Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</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\">2021-08-15 09:22</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：GOOG）过去三年。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周推出的一项法案寻求对苹果和谷歌运营各自应用商店的方式进行更广泛的改变，Loup Funds管理合伙人吉恩·蒙斯特(Gene Munster)提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>蒙斯特指出，评级立法提出的允许第三方应用商店与App Store和谷歌Play商店合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序内明确做广告，以便消费者可以在App Store或Google Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买30%的采用率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案在成为法律之前必须得到众议院和参议院的批准。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>调节不自动为负：</b>蒙斯特表示，监管的最终结果不会自动对大型科技公司产生负面影响，因为当激励措施发生变化时，往往会出现意想不到的后果。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>分析师表示，即使苹果在压力下屈服，将接受率从30%降至10%（这种可能性不太可能），它最终仍可能赚更多钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌拥有更强的理由，因为它们创建了自己的移动应用商店并负责维护这些商店。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，该分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而损害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。该分析师表示，如果任何法规真的成为现实，最有可能的结果是苹果和谷歌将被迫删除其反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>这位分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出最简单的方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌0.14%，至149.10美元，谷歌收盘几乎持平，至2,768.12美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL的最新评级</blockquote></p><p> <table>  <tbody>   <tr>    <th>Date</th>    <th>Firm</th>    <th>Action</th>    <th>From</th>    <th>To</th>   </tr>  </tbody>  <tbody>   <tr>    <td>Jul 2021</td>    <td>Loop Capital</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Deutsche Bank</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Piper Sandler</td>    <td>Maintains</td>    <td></td>    <td>Overweight</td>   </tr>  </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>到</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维护</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About:  The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative:  The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation:  The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOGL":0.9,"GOOG":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":840916341,"gmtCreate":1635574341998,"gmtModify":1635574342072,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/840916341","repostId":"2179424781","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691666320,"gmtCreate":1640184965594,"gmtModify":1640184965696,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"[Surprised]&nbsp;","listText":"[Surprised]&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691666320","repostId":"1157274137","repostType":4,"repost":{"id":"1157274137","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":1640183410,"share":"https://www.laohu8.com/m/news/1157274137?lang=zh_CN&edition=full","pubTime":"2021-12-22 22:30","market":"us","language":"en","title":"Stocks trade mixed after rally, with tech under pressure<blockquote>股市反弹后涨跌互现，科技股承压</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157274137","media":"Tiger Newspress","summary":"Stocks traded mixed on Wednesday to steady after Tuesday's session, when the major equity indexes ra","content":"<p>Stocks traded mixed on Wednesday to steady after Tuesday's session, when the major equity indexes rallied after three consecutive sessions of declines. The S&amp;P 500, Dow and Nasdaq opened in slightly negative territory.</p><p><blockquote>周三股市涨跌互现，周二盘中企稳，主要股指在连续三个交易日下跌后反弹。标普500、道琼斯指数和纳斯达克指数开盘小幅下跌。</blockquote></p><p> With trading volume relatively light during the holiday-shortened week, investors have continued to assess a multitude of developments on the Omicron variant and its potential impact on economic activity. These updates have come alongside expectations for tighter monetary policy next year from the Federal Reserve.</p><p><blockquote>由于假期缩短的一周交易量相对清淡，投资者继续评估奥密克戎变体的众多发展及其对经济活动的潜在影响。这些更新伴随着美联储明年收紧货币政策的预期。</blockquote></p><p> Omicron has overtaken other coronavirus variants to become the dominant strain in the U.S., and now&nbsp;accounts for about three-quarters of new infections.Against this backdrop,President Joe Biden on Tuesday announced a series of new measures to address the virus, including opening additional federal COVID-19 testing and vaccination sites and sending500 million at-home rapid tests&nbsp;to Americans for free beginning next month.</p><p><blockquote>奥密克戎病毒已经超过其他冠状病毒变种，成为美国的主要毒株，目前约占新感染病例的四分之三。在此背景下，乔·拜登总统周二宣布了一系列应对该病毒的新措施，包括开放更多的联邦COVID-19检测和疫苗接种点，以及从下个月开始向美国人免费提供5亿次家庭快速检测。</blockquote></p><p> \"I think this is a perfect time to remind everybody that the market is a leading indicator. So the market is going to go down, the market is going to bottom before the bad news peaks,\" Liz Young, SoFi head of investment strategy, told Yahoo Finance Live on Tuesday. \"We likely haven't heard all of the bad news yet. We certainly haven't hit a peak in the Omicron cases.\"</p><p><blockquote>SoFi投资策略主管Liz Young周二告诉雅虎财经直播：“我认为这是提醒大家市场是领先指标的绝佳时机。因此，市场将会下跌，市场将在坏消息见顶之前触底。”“我们可能还没有听到所有的坏消息。我们的奥密克戎病例肯定还没有达到顶峰。”</blockquote></p><p> \"But what we're seeing in the action [Tuesday] is that, we've had three days of a sell-off. And some of that I think was overdone, especially in a lot of these areas that are positioned to do well in a reopening environment,\" she added. \"You have to have some money in the market in areas that should do well in that particular way. Airlines are one of those, cyclicals are more of those. When we look at the pattern in the market today, I think this makes sense for what's ahead for the next 6 to 12 months.\"</p><p><blockquote>“但我们在（周二）的行动中看到的是，我们已经经历了三天的抛售。我认为其中一些太过分了，特别是在许多有望表现良好的领域。在重新开放的环境中，”她补充道。“你必须在市场上拥有一些资金，投资于应该以这种特定方式表现良好的领域。航空公司就是其中之一，周期性股票更是如此。当我们审视当今市场的模式时，我认为这对于未来6至12个月的未来是有意义的。”</blockquote></p><p> Other strategists agreed that investors should brace for more choppiness heading into the end of the year.</p><p><blockquote>其他策略师一致认为，投资者应该为年底前的更多波动做好准备。</blockquote></p><p> \"I think you naturally are getting a little bit of this bounce after we've had a couple choppy sessions. But also the market is trying to price and digest the new information we're getting here,\" Anna Han, Wells Fargo securities equity strategist,told Yahoo Finance Live on Tuesday.\"We had some news on Build Back Better getting delayed, we have more information on Omicron. These are the things you're seeing combine with low liquidity as we get into year-end, so we're not surprised to see the volatility.\"</p><p><blockquote>富国证券股票策略师Anna Han周二对雅虎财经直播表示：“我认为，在经历了几个波动的交易日之后，你自然会得到一点反弹。但市场也在试图定价和消化我们在这里得到的新信息。”“我们有一些关于重建更好的消息被推迟了，我们有更多关于奥密克戎的信息。当我们进入年底时，你会看到这些情况与低流动性相结合，因此我们对波动性并不感到惊讶。”</blockquote></p><p> During a question and answer session during his remarks Tuesday, Biden said he and Senator Joe Manchin (D., W. Va.) were \"going to get something done\" on the White House's about $1.8 trillion Build Back Better social policy bill. Manchin had told Fox News earlier this week he could not back the legislation in part given persistent inflation concerns, suggesting the bill would be scuttled in absence of support from the moderate Democratic lawmaker.</p><p><blockquote>在周二讲话的问答环节中，拜登表示，他和西弗吉尼亚州民主党参议员乔·曼钦（Joe Manchin）将在白宫约1.8万亿美元的重建更好社会政策法案上“有所作为”。曼钦本周早些时候告诉福克斯新闻，他无法支持这项立法，部分原因是持续存在的通胀担忧，这表明如果没有温和派民主党议员的支持，该法案将被否决。</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 trade mixed after rally, with tech under pressure<blockquote>股市反弹后涨跌互现，科技股承压</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 trade mixed after rally, with tech under pressure<blockquote>股市反弹后涨跌互现，科技股承压</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-22 22:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Stocks traded mixed on Wednesday to steady after Tuesday's session, when the major equity indexes rallied after three consecutive sessions of declines. The S&amp;P 500, Dow and Nasdaq opened in slightly negative territory.</p><p><blockquote>周三股市涨跌互现，周二盘中企稳，主要股指在连续三个交易日下跌后反弹。标普500、道琼斯指数和纳斯达克指数开盘小幅下跌。</blockquote></p><p> With trading volume relatively light during the holiday-shortened week, investors have continued to assess a multitude of developments on the Omicron variant and its potential impact on economic activity. These updates have come alongside expectations for tighter monetary policy next year from the Federal Reserve.</p><p><blockquote>由于假期缩短的一周交易量相对清淡，投资者继续评估奥密克戎变体的众多发展及其对经济活动的潜在影响。这些更新伴随着美联储明年收紧货币政策的预期。</blockquote></p><p> Omicron has overtaken other coronavirus variants to become the dominant strain in the U.S., and now&nbsp;accounts for about three-quarters of new infections.Against this backdrop,President Joe Biden on Tuesday announced a series of new measures to address the virus, including opening additional federal COVID-19 testing and vaccination sites and sending500 million at-home rapid tests&nbsp;to Americans for free beginning next month.</p><p><blockquote>奥密克戎病毒已经超过其他冠状病毒变种，成为美国的主要毒株，目前约占新感染病例的四分之三。在此背景下，乔·拜登总统周二宣布了一系列应对该病毒的新措施，包括开放更多的联邦COVID-19检测和疫苗接种点，以及从下个月开始向美国人免费提供5亿次家庭快速检测。</blockquote></p><p> \"I think this is a perfect time to remind everybody that the market is a leading indicator. So the market is going to go down, the market is going to bottom before the bad news peaks,\" Liz Young, SoFi head of investment strategy, told Yahoo Finance Live on Tuesday. \"We likely haven't heard all of the bad news yet. We certainly haven't hit a peak in the Omicron cases.\"</p><p><blockquote>SoFi投资策略主管Liz Young周二告诉雅虎财经直播：“我认为这是提醒大家市场是领先指标的绝佳时机。因此，市场将会下跌，市场将在坏消息见顶之前触底。”“我们可能还没有听到所有的坏消息。我们的奥密克戎病例肯定还没有达到顶峰。”</blockquote></p><p> \"But what we're seeing in the action [Tuesday] is that, we've had three days of a sell-off. And some of that I think was overdone, especially in a lot of these areas that are positioned to do well in a reopening environment,\" she added. \"You have to have some money in the market in areas that should do well in that particular way. Airlines are one of those, cyclicals are more of those. When we look at the pattern in the market today, I think this makes sense for what's ahead for the next 6 to 12 months.\"</p><p><blockquote>“但我们在（周二）的行动中看到的是，我们已经经历了三天的抛售。我认为其中一些太过分了，特别是在许多有望表现良好的领域。在重新开放的环境中，”她补充道。“你必须在市场上拥有一些资金，投资于应该以这种特定方式表现良好的领域。航空公司就是其中之一，周期性股票更是如此。当我们审视当今市场的模式时，我认为这对于未来6至12个月的未来是有意义的。”</blockquote></p><p> Other strategists agreed that investors should brace for more choppiness heading into the end of the year.</p><p><blockquote>其他策略师一致认为，投资者应该为年底前的更多波动做好准备。</blockquote></p><p> \"I think you naturally are getting a little bit of this bounce after we've had a couple choppy sessions. But also the market is trying to price and digest the new information we're getting here,\" Anna Han, Wells Fargo securities equity strategist,told Yahoo Finance Live on Tuesday.\"We had some news on Build Back Better getting delayed, we have more information on Omicron. These are the things you're seeing combine with low liquidity as we get into year-end, so we're not surprised to see the volatility.\"</p><p><blockquote>富国证券股票策略师Anna Han周二对雅虎财经直播表示：“我认为，在经历了几个波动的交易日之后，你自然会得到一点反弹。但市场也在试图定价和消化我们在这里得到的新信息。”“我们有一些关于重建更好的消息被推迟了，我们有更多关于奥密克戎的信息。当我们进入年底时，你会看到这些情况与低流动性相结合，因此我们对波动性并不感到惊讶。”</blockquote></p><p> During a question and answer session during his remarks Tuesday, Biden said he and Senator Joe Manchin (D., W. Va.) were \"going to get something done\" on the White House's about $1.8 trillion Build Back Better social policy bill. Manchin had told Fox News earlier this week he could not back the legislation in part given persistent inflation concerns, suggesting the bill would be scuttled in absence of support from the moderate Democratic lawmaker.</p><p><blockquote>在周二讲话的问答环节中，拜登表示，他和西弗吉尼亚州民主党参议员乔·曼钦（Joe Manchin）将在白宫约1.8万亿美元的重建更好社会政策法案上“有所作为”。曼钦本周早些时候告诉福克斯新闻，他无法支持这项立法，部分原因是持续存在的通胀担忧，这表明如果没有温和派民主党议员的支持，该法案将被否决。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157274137","content_text":"Stocks traded mixed on Wednesday to steady after Tuesday's session, when the major equity indexes rallied after three consecutive sessions of declines. The S&P 500, Dow and Nasdaq opened in slightly negative territory.\nWith trading volume relatively light during the holiday-shortened week, investors have continued to assess a multitude of developments on the Omicron variant and its potential impact on economic activity. These updates have come alongside expectations for tighter monetary policy next year from the Federal Reserve.\nOmicron has overtaken other coronavirus variants to become the dominant strain in the U.S., and now accounts for about three-quarters of new infections.Against this backdrop,President Joe Biden on Tuesday announced a series of new measures to address the virus, including opening additional federal COVID-19 testing and vaccination sites and sending500 million at-home rapid tests to Americans for free beginning next month.\n\"I think this is a perfect time to remind everybody that the market is a leading indicator. So the market is going to go down, the market is going to bottom before the bad news peaks,\" Liz Young, SoFi head of investment strategy, told Yahoo Finance Live on Tuesday. \"We likely haven't heard all of the bad news yet. We certainly haven't hit a peak in the Omicron cases.\"\n\"But what we're seeing in the action [Tuesday] is that, we've had three days of a sell-off. And some of that I think was overdone, especially in a lot of these areas that are positioned to do well in a reopening environment,\" she added. \"You have to have some money in the market in areas that should do well in that particular way. Airlines are one of those, cyclicals are more of those. When we look at the pattern in the market today, I think this makes sense for what's ahead for the next 6 to 12 months.\"\nOther strategists agreed that investors should brace for more choppiness heading into the end of the year.\n\"I think you naturally are getting a little bit of this bounce after we've had a couple choppy sessions. But also the market is trying to price and digest the new information we're getting here,\" Anna Han, Wells Fargo securities equity strategist,told Yahoo Finance Live on Tuesday.\"We had some news on Build Back Better getting delayed, we have more information on Omicron. These are the things you're seeing combine with low liquidity as we get into year-end, so we're not surprised to see the volatility.\"\nDuring a question and answer session during his remarks Tuesday, Biden said he and Senator Joe Manchin (D., W. Va.) were \"going to get something done\" on the White House's about $1.8 trillion Build Back Better social policy bill. Manchin had told Fox News earlier this week he could not back the legislation in part given persistent inflation concerns, suggesting the bill would be scuttled in absence of support from the moderate Democratic lawmaker.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2049,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691801870,"gmtCreate":1640157811998,"gmtModify":1640157812101,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/691801870","repostId":"1148139257","repostType":4,"repost":{"id":"1148139257","kind":"news","pubTimestamp":1640156605,"share":"https://www.laohu8.com/m/news/1148139257?lang=zh_CN&edition=full","pubTime":"2021-12-22 15:03","market":"us","language":"en","title":"Nvidia: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148139257","media":"Seeking Alpha","summary":"Summary\n\nNvidia's business and technology is second to none and the company has proven it can create","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Nvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.</li>  <li>Data Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.</li>  <li>But the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.</li>  <li>I'm content holding here but will add at $264 and below.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16229a92c1ab97cde25cb10d9bf33c38\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Mikhail Konoplev/iStock via Getty Images</span></p><p><blockquote><ul><li>英伟达的业务和技术是首屈一指的，该公司已经证明它可以创造和引领多个市场。</li><li>数据中心将在收入方面占据主导地位，这是投资者应该想要的；该部门提高了毛利率。</li><li>但该股的定价处于漫长的增长轨道上，并且不会在证明估值合理所需的时间范围内实现这一目标。</li><li>我满足于持有这里，但将增加264美元及以下。</li></ul><p class=\"t-img-caption\"><span>米哈伊尔·科诺普列夫/iStock来自Getty Images</span></p></blockquote></p><p> It's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.</p><p><blockquote>很难找到一家公司能够在多个市场中主导一个领域。然而，你肯定可以找到在一个市场中主导一个领域的公司。例如，Netflix(NFLX)在电影/节目流媒体领域占据主导地位，但在体育直播或视频游戏领域却不占据主导地位。很难找到一家公司在计算能力等一个领域占据主导地位，同时在游戏、数据中心和专业渲染等不同市场占据主导地位。但是，英伟达(NVDA)非常符合这一要求。其专业计算能力领域已变得无与伦比，通过创造新技术和用例以惊人的速度增长收入。这正在推动加速增长，随着其数据中心部门准备接管公司，这在市场上获得了丰厚的回报。但即便如此，我也无法证明以如此高的估值为其付费是合理的。</blockquote></p><p> Don't get me wrong, I'm not only an avid Nvidia bull - with&nbsp;the record to prove it&nbsp;- but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.</p><p><blockquote>不要误会我的意思，我不仅是一个狂热的英伟达多头——有记录证明了这一点——而且在投资方面也做得很好。它已成为我投资生涯中按百分比计算的最大股票回报之一。而且，正如我很快就会讲到的，英伟达的主导地位不会很快减弱。但是，即便如此，建立300美元以上的头寸也存在更大的风险，因为增长率必须在更长时间内保持较高水平才能与估值相匹配。</blockquote></p><p> <b>Great Business Strength On Two Fronts</b></p><p><blockquote><b>两方面业务实力雄厚</b></blockquote></p><p> Nvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.</p><p><blockquote>过去几个季度，英伟达超出预期并提高指引并不是什么新鲜事。然而，有趣的是，它有能力在供应紧张时期和季节性疲软的季度继续发展游戏部门。这一点在该公司第三季度游戏收入环比增长5.2%的能力中显而易见。不过，管理层预计这种优势将持续下去。据其称，游戏和数据中心将推动第四季度的环比增长。</blockquote></p><p>   <i>We expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.</i>    Nvidia CFO,FQ3 Earnings Call  The key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.</p><p><blockquote><i>我们预计数据中心和游戏将推动环比增长，足以抵消CMP的下降。</i>英伟达首席财务官，第三季度收益看涨期权关键部分是过去几个季度数据中心的增长超过了游戏的增长。因此，如果本季度数据中心自21年第二季度（22年第四季度）以来首次达到或超过游戏收入，我不会感到惊讶。这是因为数据中心的增长在过去两个季度有所回升，超过了游戏的环比增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5aa9ae7f41224f726f309ec9ce84a1a\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达FQ3'22季度收入趋势）</span></p></blockquote></p><p> As the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.</p><p><blockquote>正如次轴上的环比线所示，数据中心自21年第4季度以来增长加速，而游戏增长自22年第1季度以来放缓。FQ2'21的大幅增长与Mellanox收购有关，并且由于我概述的增长始于FQ4'21，因此它变得独立于Mellanox，因为比较是季度/季度而不是年/年。在21年第三季度和22年第一季度之间经历了三个季度的名义环比增长之后尤其如此。</blockquote></p><p> Now, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.</p><p><blockquote>现在，我预计数据中心在22年第四季度的环比增长率不会达到24%或更高，但我确实预计它的增长速度会快于游戏。根据我们从Broadcom(AVGO)和Marvell(MRVL)等其他公司最近的收益中看到的情况，数据中心在今年年底看起来非常强劲。因此，我估计数据中心增长14%，游戏增长5%（环比）。虽然这对两个部门来说都是减速，但如果整个季度的表现超出我的预期，我已经为数据中心留出了空间，以弥补我计算中it和游戏之间3500万美元的差额。</blockquote></p><p></p><p> Digging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.</p><p><blockquote>进一步挖掘，请注意哪个部门的季度/季度增长与毛利率一致。更准确地说，数据中心在it和游戏之间的收入份额构成推动了毛利率趋势（计算为（DC）/（DC+游戏）），如下所示。数据中心跃居第一的位置正是投资者应该想要的，因为它会提高毛利率。Omniverse和元宇宙的故事与更重要的数据中心部门完美契合。这有助于英伟达在过去几年中一直在推动数据中心的增长，远在2019年宣布收购Mellanox之前，因为该公司领先于科技行业为元宇宙需求做好准备所需的曲线。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce95b60f491febf2a5cc611f983de1a3\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's Quarterly Press Releases)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达季度新闻稿）</span></p></blockquote></p><p> These are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.</p><p><blockquote>这些都是英伟达在业务方面表现良好并将继续如此的重要原因。它在两个主要市场都有一定的实力，而且数据中心和PC对GPU的需求也在不断增长。就英伟达的业务而言，它是我最喜欢的业务之一，并且通过其不断改进的技术创造新的用例和终端市场需求的潜力最大。</blockquote></p><p> <b>Where Business Meets Stock</b></p><p><blockquote><b>业务与库存的相遇</b></blockquote></p><p> The points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?</p><p><blockquote>我刚才讨论的要点是为什么该股的估值在过去几个月里飙升——这是对数据中心持续增长和利润率的定价。然而，什么时候估值过高，市场难以承受？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f9cdd482c064248470e0c01e9b9ab90\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> With the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.</p><p><blockquote>由于市销率接近相对历史高位，市场表示预计未来三年收入将继续增长50%。因此，这意味着市场预计共识预期将在未来一年左右大幅上升。因此，该公司必须略高于下面所示的2023年和2024年的“高”预期，才能证明估值合理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cabb94994fe458be597ed0a3260763f\" tg-width=\"640\" tg-height=\"133\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：寻求阿尔法）</span></p></blockquote></p><p> This isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.</p><p><blockquote>对于Nvidia来说，这并非不可能，该公司在过去两年中不断提高标准，但在2024财年（2023年2月才开始，还有一年多一点的时间）收入达到$49.50 B是不可能的。如果没有ARM(ARMH)收购的进行，这种情况就不太可能发生。在这一点上，这种情况不太可能发生，因为来自所有主要国家的反对意见越来越多。</blockquote></p><p> As I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.</p><p><blockquote>正如我已经概述的，英伟达的业务很强大，并且具有相当惊人的潜力，可以比以往任何时候都更深入地推动技术并充分利用它。我对市盈率为30或以上的股票的问题是，它能否从现在开始带来与目前相同的回报？该公司必须证明，它的表现甚至可以超越其提高指引的记录，然后每季度超出指引超过10亿美元（在指引上调和随后超出共识之间），才能达到所需的2024年高数字。</blockquote></p><p> <b>Finding A Level To Add At</b></p><p><blockquote><b>查找要添加的级别</b></blockquote></p><p> I originally shared these thoughts&nbsp;with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.</p><p><blockquote>我最初是在11月24日与我的订阅者分享这些想法的，当时该股的交易价格为每股326美元。该股目前的交易价格约为300美元，下跌了8%，虽然这降低了风险，但该股的风险仍然高于我愿意加仓的风险。随着过去几周高市盈率股票成为抛售目标，英伟达也是受到类似打击的主要目标。</blockquote></p><p> That being said, where am I comfortable to add?</p><p><blockquote>话虽如此，我在哪里可以舒服地添加呢？</blockquote></p><p> A 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.</p><p><blockquote>一开始的混合远期市盈率为20或以下将显着降低风险，同时仍然为Nvidia提供值得持续高增长的市盈率。这意味着股价为210美元。我预计该股不会达到这一目标，除非市场担心增长不稳定或者我们出现市场调整。如果您是绝对规避风险的成长型股票投资者，那么这就是您的目标。</blockquote></p><p> For those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.</p><p><blockquote>对于我们这些风险承受能力稍强的人来说，我会将市盈率定为20，而2023财年的收入预期目前为$31.45 B。这给了我们一个248美元的目标，可以添加。此外，在共识预期的基础上增加小幅上行空间，以考虑到稳定的节拍和加薪，收入预期为$33.5 B（仍低于$34.40 B的最高预期），相当于股价为$264，较周三下跌12%水平。</blockquote></p><p> <b>I'll Be Patient</b></p><p><blockquote><b>我会有耐心的</b></blockquote></p><p></p><p> This doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.</p><p><blockquote>这并不意味着我对该股没有建设性——也许它会继续走高，并且在未来几个月内预期会上调，在这种情况下，我很高兴我持有该股。但事实就是如此。我持有目前的头寸，如果市场允许，我希望在逢低买入。我看好该公司，但不喜欢当前估值带来的风险。</blockquote></p><p> I look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.</p><p><blockquote>如果机会出现，我期待着补充，但如果股票继续走高，我不会感到不安。</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: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</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: Data Center Will Dominate, But I'll Wait At These Prices<blockquote>英伟达：数据中心将占据主导地位，但我会以这些价格等待</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-22 15:03</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>Nvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.</li>  <li>Data Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.</li>  <li>But the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.</li>  <li>I'm content holding here but will add at $264 and below.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16229a92c1ab97cde25cb10d9bf33c38\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Mikhail Konoplev/iStock via Getty Images</span></p><p><blockquote><ul><li>英伟达的业务和技术是首屈一指的，该公司已经证明它可以创造和引领多个市场。</li><li>数据中心将在收入方面占据主导地位，这是投资者应该想要的；该部门提高了毛利率。</li><li>但该股的定价处于漫长的增长轨道上，并且不会在证明估值合理所需的时间范围内实现这一目标。</li><li>我满足于持有这里，但将增加264美元及以下。</li></ul><p class=\"t-img-caption\"><span>米哈伊尔·科诺普列夫/iStock来自Getty Images</span></p></blockquote></p><p> It's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.</p><p><blockquote>很难找到一家公司能够在多个市场中主导一个领域。然而，你肯定可以找到在一个市场中主导一个领域的公司。例如，Netflix(NFLX)在电影/节目流媒体领域占据主导地位，但在体育直播或视频游戏领域却不占据主导地位。很难找到一家公司在计算能力等一个领域占据主导地位，同时在游戏、数据中心和专业渲染等不同市场占据主导地位。但是，英伟达(NVDA)非常符合这一要求。其专业计算能力领域已变得无与伦比，通过创造新技术和用例以惊人的速度增长收入。这正在推动加速增长，随着其数据中心部门准备接管公司，这在市场上获得了丰厚的回报。但即便如此，我也无法证明以如此高的估值为其付费是合理的。</blockquote></p><p> Don't get me wrong, I'm not only an avid Nvidia bull - with&nbsp;the record to prove it&nbsp;- but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.</p><p><blockquote>不要误会我的意思，我不仅是一个狂热的英伟达多头——有记录证明了这一点——而且在投资方面也做得很好。它已成为我投资生涯中按百分比计算的最大股票回报之一。而且，正如我很快就会讲到的，英伟达的主导地位不会很快减弱。但是，即便如此，建立300美元以上的头寸也存在更大的风险，因为增长率必须在更长时间内保持较高水平才能与估值相匹配。</blockquote></p><p> <b>Great Business Strength On Two Fronts</b></p><p><blockquote><b>两方面业务实力雄厚</b></blockquote></p><p> Nvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.</p><p><blockquote>过去几个季度，英伟达超出预期并提高指引并不是什么新鲜事。然而，有趣的是，它有能力在供应紧张时期和季节性疲软的季度继续发展游戏部门。这一点在该公司第三季度游戏收入环比增长5.2%的能力中显而易见。不过，管理层预计这种优势将持续下去。据其称，游戏和数据中心将推动第四季度的环比增长。</blockquote></p><p>   <i>We expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.</i>    Nvidia CFO,FQ3 Earnings Call  The key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.</p><p><blockquote><i>我们预计数据中心和游戏将推动环比增长，足以抵消CMP的下降。</i>英伟达首席财务官，第三季度收益看涨期权关键部分是过去几个季度数据中心的增长超过了游戏的增长。因此，如果本季度数据中心自21年第二季度（22年第四季度）以来首次达到或超过游戏收入，我不会感到惊讶。这是因为数据中心的增长在过去两个季度有所回升，超过了游戏的环比增长。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5aa9ae7f41224f726f309ec9ce84a1a\" tg-width=\"640\" tg-height=\"370\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达FQ3'22季度收入趋势）</span></p></blockquote></p><p> As the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.</p><p><blockquote>正如次轴上的环比线所示，数据中心自21年第4季度以来增长加速，而游戏增长自22年第1季度以来放缓。FQ2'21的大幅增长与Mellanox收购有关，并且由于我概述的增长始于FQ4'21，因此它变得独立于Mellanox，因为比较是季度/季度而不是年/年。在21年第三季度和22年第一季度之间经历了三个季度的名义环比增长之后尤其如此。</blockquote></p><p> Now, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.</p><p><blockquote>现在，我预计数据中心在22年第四季度的环比增长率不会达到24%或更高，但我确实预计它的增长速度会快于游戏。根据我们从Broadcom(AVGO)和Marvell(MRVL)等其他公司最近的收益中看到的情况，数据中心在今年年底看起来非常强劲。因此，我估计数据中心增长14%，游戏增长5%（环比）。虽然这对两个部门来说都是减速，但如果整个季度的表现超出我的预期，我已经为数据中心留出了空间，以弥补我计算中it和游戏之间3500万美元的差额。</blockquote></p><p></p><p> Digging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.</p><p><blockquote>进一步挖掘，请注意哪个部门的季度/季度增长与毛利率一致。更准确地说，数据中心在it和游戏之间的收入份额构成推动了毛利率趋势（计算为（DC）/（DC+游戏）），如下所示。数据中心跃居第一的位置正是投资者应该想要的，因为它会提高毛利率。Omniverse和元宇宙的故事与更重要的数据中心部门完美契合。这有助于英伟达在过去几年中一直在推动数据中心的增长，远在2019年宣布收购Mellanox之前，因为该公司领先于科技行业为元宇宙需求做好准备所需的曲线。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce95b60f491febf2a5cc611f983de1a3\" tg-width=\"640\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>(Source: Chart mine, data from Nvidia's Quarterly Press Releases)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：Chart mine，数据来自英伟达季度新闻稿）</span></p></blockquote></p><p> These are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.</p><p><blockquote>这些都是英伟达在业务方面表现良好并将继续如此的重要原因。它在两个主要市场都有一定的实力，而且数据中心和PC对GPU的需求也在不断增长。就英伟达的业务而言，它是我最喜欢的业务之一，并且通过其不断改进的技术创造新的用例和终端市场需求的潜力最大。</blockquote></p><p> <b>Where Business Meets Stock</b></p><p><blockquote><b>业务与库存的相遇</b></blockquote></p><p> The points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?</p><p><blockquote>我刚才讨论的要点是为什么该股的估值在过去几个月里飙升——这是对数据中心持续增长和利润率的定价。然而，什么时候估值过高，市场难以承受？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f9cdd482c064248470e0c01e9b9ab90\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> With the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.</p><p><blockquote>由于市销率接近相对历史高位，市场表示预计未来三年收入将继续增长50%。因此，这意味着市场预计共识预期将在未来一年左右大幅上升。因此，该公司必须略高于下面所示的2023年和2024年的“高”预期，才能证明估值合理。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cabb94994fe458be597ed0a3260763f\" tg-width=\"640\" tg-height=\"133\" width=\"100%\" height=\"auto\"><span>(Source: Seeking Alpha)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：寻求阿尔法）</span></p></blockquote></p><p> This isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.</p><p><blockquote>对于Nvidia来说，这并非不可能，该公司在过去两年中不断提高标准，但在2024财年（2023年2月才开始，还有一年多一点的时间）收入达到$49.50 B是不可能的。如果没有ARM(ARMH)收购的进行，这种情况就不太可能发生。在这一点上，这种情况不太可能发生，因为来自所有主要国家的反对意见越来越多。</blockquote></p><p> As I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.</p><p><blockquote>正如我已经概述的，英伟达的业务很强大，并且具有相当惊人的潜力，可以比以往任何时候都更深入地推动技术并充分利用它。我对市盈率为30或以上的股票的问题是，它能否从现在开始带来与目前相同的回报？该公司必须证明，它的表现甚至可以超越其提高指引的记录，然后每季度超出指引超过10亿美元（在指引上调和随后超出共识之间），才能达到所需的2024年高数字。</blockquote></p><p> <b>Finding A Level To Add At</b></p><p><blockquote><b>查找要添加的级别</b></blockquote></p><p> I originally shared these thoughts&nbsp;with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.</p><p><blockquote>我最初是在11月24日与我的订阅者分享这些想法的，当时该股的交易价格为每股326美元。该股目前的交易价格约为300美元，下跌了8%，虽然这降低了风险，但该股的风险仍然高于我愿意加仓的风险。随着过去几周高市盈率股票成为抛售目标，英伟达也是受到类似打击的主要目标。</blockquote></p><p> That being said, where am I comfortable to add?</p><p><blockquote>话虽如此，我在哪里可以舒服地添加呢？</blockquote></p><p> A 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.</p><p><blockquote>一开始的混合远期市盈率为20或以下将显着降低风险，同时仍然为Nvidia提供值得持续高增长的市盈率。这意味着股价为210美元。我预计该股不会达到这一目标，除非市场担心增长不稳定或者我们出现市场调整。如果您是绝对规避风险的成长型股票投资者，那么这就是您的目标。</blockquote></p><p> For those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.</p><p><blockquote>对于我们这些风险承受能力稍强的人来说，我会将市盈率定为20，而2023财年的收入预期目前为$31.45 B。这给了我们一个248美元的目标，可以添加。此外，在共识预期的基础上增加小幅上行空间，以考虑到稳定的节拍和加薪，收入预期为$33.5 B（仍低于$34.40 B的最高预期），相当于股价为$264，较周三下跌12%水平。</blockquote></p><p> <b>I'll Be Patient</b></p><p><blockquote><b>我会有耐心的</b></blockquote></p><p></p><p> This doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.</p><p><blockquote>这并不意味着我对该股没有建设性——也许它会继续走高，并且在未来几个月内预期会上调，在这种情况下，我很高兴我持有该股。但事实就是如此。我持有目前的头寸，如果市场允许，我希望在逢低买入。我看好该公司，但不喜欢当前估值带来的风险。</blockquote></p><p> I look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.</p><p><blockquote>如果机会出现，我期待着补充，但如果股票继续走高，我不会感到不安。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4475654-nvidia-data-center-will-dominate-wait-these-prices\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4475654-nvidia-data-center-will-dominate-wait-these-prices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148139257","content_text":"Summary\n\nNvidia's business and technology is second to none and the company has proven it can create and lead multiple markets.\nData Center is set to take the reins in terms of revenue and is what investors should want; this division drives gross margins.\nBut the stock is pricing in a long runway of growth and won't achieve it in the timeframe needed to justify the valuation.\nI'm content holding here but will add at $264 and below.\n\nMikhail Konoplev/iStock via Getty Images\nIt's hard to find a company able to dominate one field in several markets. However, you can surely find companies dominating one field in one market. For example, Netflix (NFLX) dominates the streaming field in movies/shows, but not live sports or video games. Finding a company dominating in one area, such as computing power, while doing so in different markets like gaming, data center, and professional rendering is hard to come by. But, NVIDIA (NVDA) fits the bill quite nicely. Its field of specialized computing power has become unmatched, growing revenue at outsized rates by creating new technology and use cases. This is driving accelerating growth which is being rewarded handsomely in the market as its Data Center division prepares to take the company's reins. But even so, I can't justify paying for it at these lofty valuations.\nDon't get me wrong, I'm not only an avid Nvidia bull - with the record to prove it - but have also done very well investing in it. It has become one of my largest stock returns on a percentage basis in my investing career. And, as I will get to shortly, Nvidia's dominance is not set to wane anytime soon. But, even still, building a position above $300 has a lot more risk embedded in it as growth rates will have to extend higher for longer to match the valuation.\nGreat Business Strength On Two Fronts\nNvidia beating estimates and raising guidance is nothing new over the last several quarters. What is interesting, though, is its ability to continue growing the Gaming division during supply constraint times and seasonally weak quarters. This is apparent in the company's ability to grow Gaming revenue by 5.2% quarter-over-quarter in FQ3. Management expects this strength to continue, though. According to it, Gaming and Data Center will drive sequential growth for FQ4.\n\nWe expect sequential growth to be driven by datacenter and gaming more than offsetting a decline in CMP.\n\n\n Nvidia CFO,FQ3 Earnings Call\n\nThe key part is the growth in Data Center is outpacing the growth of Gaming over the last few quarters. As a result, I won't be surprised if Data Center matches or exceeds Gaming revenue for the first time since FQ2 '21 in the current quarter (FQ4 '22). And that's because Data Center growth has picked up over the last two quarters, exceeding Gaming's sequential growth.\n(Source: Chart mine, data from Nvidia's FQ3 '22 Quarterly Revenue Trend)\nAs the quarter-over-quarter lines on the secondary axis show, Data Center has accelerated growth since FQ4 '21, while Gaming growth has slowed since FQ1 '22. The large growth in FQ2 '21 has to do with the Mellanox acquisition, and because the growth I'm outlining starts in FQ4 '21, it becomes independent of Mellanox as the comparisons are Q/Q and not Y/Y. This is especially true after three quarters of nominal sequential growth between FQ3 '21 and FQ1 '22.\nNow, I don't expect Data Center to grow sequentially at 24% or more in FQ4 '22, but I do expect it to grow faster than Gaming. Based on what we see from recent earnings from other companies like Broadcom (AVGO) and Marvell (MRVL), data center looks to be very robust heading into the end of the year. As a result, my estimates have 14% Data Center growth and 5% Gaming growth (Q/Q). While this is a deceleration for both divisions, I've left room for Data Center to make up the $35M difference in my calculations between it and Gaming for the crown of the company, should the overall quarter outperform my estimate.\nDigging further, notice which division's Q/Q growth aligns with gross margins. And, more precisely, the makeup of Data Center's revenue share between it and Gaming is what is driving gross margin trends (calculated as (DC)/(DC+Gaming)), as shown below. Data Center moving into the number one position is exactly what investors should want as it drives gross margins higher. The Omniverse and Metaverse story aligns perfectly with a more significant Data Center division. And it helps Nvidia has been pushing for Data Center growth over the last several years, well before the Mellanox acquisition was announced in 2019, because the company is ahead of the curve needed in the tech industry to be ready for metaverse demands.\n(Source: Chart mine, data from Nvidia's Quarterly Press Releases)\nThese are all great reasons why Nvidia is performing well on the business front and will continue to do so. There is assured strength in both of its main markets and is only seeing increasing, strong demand for GPUs in the data center and PC. As far as Nvidia's business goes, it's one of my favorites and has the greatest potential for creating new use cases and end-market demand through its ever-improving technology.\nWhere Business Meets Stock\nThe points I just discussed are why the stock's valuation has skyrocketed over the last several months - it's pricing in this continued growth and margins of the Data Center. However, when is the valuation too much for the market to handle?\nData by YCharts\nWith the price-to-sales ratio near relatively historical highs, the market is saying it expects 50% revenue growth to continue over the next three years. This, therefore, means the market is expecting consensus estimates to rise pretty significantly over the next year or so. As a result, the company would have to hit slightly above the 'High' estimate shown below for 2023 and 2024 to justify the valuation.\n(Source: Seeking Alpha)\nThis isn't impossible for Nvidia, which has continued to raise the bar over the last two years, but getting to $49.50B in revenue in FY2024 (which is only a February 2023 beginning, as in a little over one year away) is not likely to happen without the ARM (ARMH) acquisition going through. At this point, it's not very likely it does, as there are mounting objections from all the key countries.\nAs I've already outlined, Nvidia's business is strong and has quite amazing potential to push technology further than it ever has and to capitalize on it richly. The question I have with the stock at or above a 30 P/S ratio is can it drive the same returns from here as it has up to this point? The company will have to prove it can outperform even more than its track record of raising guidance and then beating guidance by more than $1B (between the guidance raise and subsequent beat of consensus) per quarter to get to the lofty 2024 numbers needed.\nFinding A Level To Add At\nI originally shared these thoughts with my subscribers on November 24th, when the stock traded for $326 a share. The stock is now trading around $300, lower by 8%, and while this reduces risk, the stock is still riskier than I would prefer to add to my position. With high multiple stocks being targeted for selling over the last few weeks, Nvidia is a prime target for being hit similarly.\nThat being said, where am I comfortable to add?\nA 20 or below blended forward P/S ratio to start would significantly reduce risk while still granting Nvidia a multiple worthy of consistently high growth. This implies a share price of $210. I don't foresee the stock getting there unless the market fears instability for growth or we have a market correction. If you're an absolute risk-averse growth stock investor, there's your target.\nFor those of us a little more risk-tolerant, I would put a P/S ratio of 20 against FY23's revenue estimates, which currently sits at $31.45B. This gives us a $248 target where one can add. Furthermore, adding a slight upside to the consensus estimates to account for steady beat and raises derives a $33.5B revenue estimate (still below the highest estimate for $34.40B) and equates to a share price of $264, a downside of 12% from Wednesday's levels.\nI'll Be Patient\nThis doesn't mean I'm not constructive on the stock - perhaps it continues to move higher and estimates are raised over the next several months, in which case, I'm glad I'm holding. But that's exactly it; I'm holding my current position and looking to opportunistically add on dips if the market allows it. I'm bullish on the company but don't prefer the risk dished out by the current valuation.\nI look forward to adding if the opportunity arises, but won't be upset if the stock continues higher.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":3802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879176584,"gmtCreate":1636696782770,"gmtModify":1636696782845,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879176584","repostId":"1188655178","repostType":4,"isVote":1,"tweetType":1,"viewCount":967,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879178279,"gmtCreate":1636696674088,"gmtModify":1636696674175,"author":{"id":"3582803159303555","authorId":"3582803159303555","name":"Minz98","avatar":"https://static.tigerbbs.com/2d2093834aabec0c8de1bff4779af70e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582803159303555","authorIdStr":"3582803159303555"},"themes":[],"htmlText":"[Spurting]&nbsp;","listText":"[Spurting]&nbsp;","text":"[Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/879178279","repostId":"1115192108","repostType":4,"repost":{"id":"1115192108","kind":"news","pubTimestamp":1636696047,"share":"https://www.laohu8.com/m/news/1115192108?lang=zh_CN&edition=full","pubTime":"2021-11-12 13:47","market":"sh","language":"en","title":"Are Rivian Automotive shares cheap or expensive?<blockquote>Rivian汽车公司的股票便宜还是贵？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115192108","media":"The fiscal times","summary":"We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you nee","content":"<p><b>We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.</b></p><p><blockquote><b>我们现在已经在ThinkMarkets上列出了Rivian汽车股票差价合约。要开始交易，您需要做的就是创建一个帐户并在ThinkTrader观察列表中选择Rivian。</b></blockquote></p><p> What’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD.&nbsp;Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.</p><p><blockquote>Rivian股票差价合约最大的好处是，它们可以让你利用价格上涨和下跌的机会。这意味着通过ThinkMarkets，如果您认为Rivian汽车的价格将会上涨，您可以做多其差价合约，如果您认为价格将会下跌，您可以做空其差价合约。ThinkMarkets提供Rivian股票差价合约，股票代码为RIVN。</blockquote></p><p> So let’s take a closer look at Rivian Automotive and what’s behind all the hype?</p><p><blockquote>那么让我们仔细看看Rivian汽车公司以及所有炒作背后的原因是什么？</blockquote></p><p> Highlights</p><p><blockquote>亮点</blockquote></p><p> <ul>  <li>Rivian History</li>  <li>IPO</li>  <li>Opportunity</li>  <li>Risks</li>  <li>Conclusions</li>  <li>Rating &amp; Fair Value Target</li> </ul> HistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe. &nbsp;Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.</p><p><blockquote><ul><li>Rivian历史</li><li>IPO</li><li>机会</li><li>风险</li><li>结论</li><li>评级和公允价值目标</li></ul>历史Rivian成立于2012年，是一家美国电动汽车(EV)汽车制造商和汽车技术公司，由首席执行官Robert“RJ”Scaringe创建。亚马逊前首席执行官杰夫·贝索斯称Rivian创始人RJ·斯卡林格是“最伟大的企业家之一”。</blockquote></p><p> Rivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).</p><p><blockquote>Rivian最初是一家电动跑车制造商（在2012年正式更名之前），但改变了策略，因为管理层意识到他们无法为该领域已有的产品（即特斯拉）增加显着价值。相反，他们决定专注于电动汽车市场的一个明显漏洞，轻型卡车和运动型多用途车（SUV）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d1a14bbed113802408fbdf076ff4470b\" tg-width=\"699\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i><b>The Rivian R1S sports utility vehicle</b></i></p><p><blockquote><i><b>Rivian R1S运动型多功能车</b></i></blockquote></p><p> Today, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78&nbsp;per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.</p><p><blockquote>如今，Rivian有两款面向消费者的旗舰电动汽车出售：R1T（轻型卡车）和R1S（SUV）。它还开发了评级电动送货车（“EDV”），由Rivian与亚马逊合作设计和制造，亚马逊已在全球订购了10万辆汽车。IPORivian的首次公开募股（IPO）包括1.53亿股A类普通股，公开发行价为每股78美元，筹集119亿美元。然而，该公司已发行大量股票，由早期投资者和基石投资者持有。两个基石投资者特别值得注意，亚马逊拥有约22%的股份，福特汽车公司拥有约12%的Rivian股份。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fce0db4623415a5087830868ca8b1392\" tg-width=\"700\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i><b>Rivian Automotive (RIVN) price chart</b></i></p><p><blockquote><i><b>Rivian汽车(RIVN)价格图表</b></i></blockquote></p><p> OpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.</p><p><blockquote>机遇Rivian旨在解决庞大、快速增长且高利润的电动汽车市场。更具体地说，它的目标是利基轻型卡车和SUV细分市场，目前现有电动汽车制造商（尤其是主要竞争对手特斯拉）对该细分市场的服务严重不足。</blockquote></p><p> In addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.</p><p><blockquote>除了销售车辆，该战略还包括增值服务，如数字化融资、基于远程信息处理的保险、主动车辆服务（维护和维修）、灵活的会员和软件服务、全面的充电解决方案和车辆转售计划。除了这些服务外，该公司还将为消费者提供增值配件和应用程序，旨在提高Rivian电动汽车的使用。</blockquote></p><p> In addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.</p><p><blockquote>除消费汽车外，还通过Rivian商用车（“RCV”）平台瞄准商用市场。生产的第一辆汽车是EDV，由Rivian与亚马逊合作设计和制造，亚马逊已在全球订购了10万辆汽车。这是任何制造商有史以来最大的电动汽车订单。</blockquote></p><p> The company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.</p><p><blockquote>该公司认为，随着电动汽车的拥有成本不再是购买的重大障碍，电动汽车革命已经开始。他们指出，全球每年销售约9000万辆轻型汽车，其中很大一部分将不可避免地过渡到电动汽车。此外，卡车和SUV占美国新车销量的70%以上，是增长最快的细分市场，并占现有汽车制造商产生的大部分利润。</blockquote></p><p> Globally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.</p><p><blockquote>在全球范围内，Rivian的潜在市场总额约为83亿美元，其中美国的潜在市场略低于10亿美元。在美国市场中，他们认为消费电动汽车市场约为6.5亿美元，商用电动汽车市场约为2亿美元。财务截至2019年12月31日和2020年12月31日，我们分别产生了4.26亿美元和10亿美元的净亏损。这是因为该公司在产品开发以及2021年9月首次推出车辆的准备工作方面投入了大量资金。</blockquote></p><p></p><p> A key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.</p><p><blockquote>Rivian财务状况的一个关键积极因素是该公司的债务很少。相反，它通过无担保高级可转换本票（一种混合债务-股权工具，开始时是贷款，但到期时以预定股价转换为股票）和一些历史债券的方式为业务提供资金。优先股发行。</blockquote></p><p> Funding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion&nbsp;cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.</p><p><blockquote>资金是Rivian的关键，因为它预计到2023年底将花费至少80亿美元来支持其商业化和增长目标。该公司目前每季度消耗约3亿美元现金，银行现金约为35亿美元（包括IPO收益）。这给了它大约3年的增长跑道。</blockquote></p><p> The company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.</p><p><blockquote>该公司表示，在可预见的未来，电动汽车销售产生的现金流不太可能支付其持续支出。因此，随着该公司继续投资于其增长，预计将在很长一段时间内出现亏损。考虑到增长跑道和预期支出，这意味着该公司可能不得不在中期内再次筹集资金。</blockquote></p><p> As of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.</p><p><blockquote>截至2021年9月30日，该公司在美国和加拿大约有48,390份R1T和R1S预购订单，客户每人支付了1,000美元的可取消和可全额退还的定金。他们现有工厂目前的生产能力为每年150,000辆汽车。</blockquote></p><p> Some analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.</p><p><blockquote>一些分析师认为，如果该公司实现年产35万辆汽车的目标，到2025年该公司的收入可能在200亿至250亿美元之间。如果其利润率与特斯拉相似，这可能意味着净利润约为14亿至17亿美元。再次比较一下，这大致相当于特斯拉目前每季度的利润，而特斯拉的市值刚刚超过1万亿美元。风险Rivian的运营历史有限，尚未通过销售其车辆或其他产品和服务产生实质性收入迄今为止。该公司的中期前景很大程度上取决于其开发、制造、营销和销售电动汽车的能力。</blockquote></p><p> Initial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.</p><p><blockquote>R1T和R1S的初始交付分别被推迟，并且这些车辆的产量增加所需的时间比最初预期的要长。这主要是由于COVID-19大流行的持续影响，特别是对劳动力供应和供应链中断的影响。</blockquote></p><p> Another key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.</p><p><blockquote>Rivian面临的另一个关键问题是该公司难以准确估计对其车辆的可能需求，从而难以向供应商下长期订单或协商大规模折扣。这意味着该公司可能面临比特斯拉等老牌制造商高得多的成本。</blockquote></p><p> Also, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.</p><p><blockquote>此外，该公司一开始只有两种消费模式和一种商业模式。这可能只会在很长一段时间内维持各自市场的利益。最终，他们将不得不升级或重新设计现有车型，或者在其他细分市场推出新车型。在其他细分市场，例如乘用车和运动车，他们将面临来自老牌电动汽车和传统汽车制造商更先进产品的更加激烈的竞争。</blockquote></p><p> Rivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.</p><p><blockquote>Rivian自己公开承认（在他们的招股说明书中也是如此！）在设计、测试、制造、营销和销售电动汽车方面的经验有限。这意味着他们在实现短期和长期目标方面存在巨大的执行风险。结论Rivian周四收盘价为122.99美元，市值约为1000亿美元。这比美国巨头福特和通用汽车、欧洲知名品牌宝马还要大，也是日本制造商本田和日产的两倍。按收入计算，它的规模是全球最大汽车制造商大众汽车的71%。</blockquote></p><p> Whilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.</p><p><blockquote>虽然我们让这些比较留在您的脑海中，但让我们提醒您，Rivian迄今为止唯一的收入是它在预售中收取的1,000美元定金，并且尚未向客户交付一辆车。</blockquote></p><p> Rivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.</p><p><blockquote>Rivian经常被比作特斯拉，不仅是颠覆性电动汽车领域的模板，也是未来盈利能力和潜在市值的模板。我们认为，两家公司都生产电动汽车这一事实应该结束比较。特斯拉在首次公开募股之前就在生产和销售汽车，刚开始时几乎没有竞争，因为它是该领域的先驱。另一方面，Rivian正在进入一个竞争激烈的电动汽车领域，该领域现在由所有主要的老牌生产商组成。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9132ca6746200892bfe86ebef29927fd\" tg-width=\"700\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i><b>The Rivian R1T light truck</b></i></p><p><blockquote><i><b>Rivian R1T轻型卡车</b></i></blockquote></p><p></p><p> Granted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).</p><p><blockquote>诚然，Rivian的目标是轻型卡车和SUV这一利基市场，而目前这一市场的服务基本上不足。然而，随着其他制造商，尤其是特斯拉，越来越多地进入这一细分市场，这种情况不太可能持续太久（特斯拉目前正在销售一款“软SUV”Model X，但计划发布一款更注重冒险的SUV和2023年的Cybertruck）。</blockquote></p><p> The company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extreme<i>at the current valuation</i>(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').</p><p><blockquote>该公司承认自己“在设计、测试、制造、营销和销售电动汽车方面的经验有限”。这是一个未经证实的实体，与成熟的同行相比，其交易估值极高。因此，我们认为执行风险极大<i>按当前估值</i>（我们想不出比‘极端’更极端的词了……也许是‘极端极端！？’）.</blockquote></p><p> We define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.</p><p><blockquote>我们将“执行风险”定义为公司无法实现其生产和销售目标的可能性、不断发展的竞争格局的潜在负面影响以及消费者对其产品的有利采用。</blockquote></p><p> However, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.</p><p><blockquote>然而，从好的方面来看，短期内该公司的估值可能更多地取决于投资者准备为其股票支付的费用，而不是其未来的盈利能力。当然，通常我们会期望这两个概念最终会融合。但在当前的市场环境下，有大量投资者热衷于将投资资金投入到像Rivian这样符合他们信仰和品味的公司。</blockquote></p><p> In conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating &amp; Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p><p><blockquote>总之，我们认为Rivian股票目前的价格被严重高估。然而，我们注意到电动汽车行业正在快速增长，许多投资者可以看到并感受到这带来的机会。也许“极其极端”的风险没有“故事”重要，也可能是对错过“下一个特斯拉”的恐惧。因此，我们预计Rivian股价可能会在一段时间内保持高估，因此不能排除短期内进一步上涨。评级和公允价值目标基于我们对该公司的盈利和盈利增长预测，请注意<i>为了形成这样的意见，我们不可避免地要进行大量的猜测</i>，我们可以接受高达620亿美元的估值。这将是我们的最高端<i>一切顺利</i>Rivian到2025年。</blockquote></p><p> We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.</p><p><blockquote>然而，我们在上面指出，执行风险很高，公允价值可能接近400亿美元。这些估值相当于每股50至76美元的股价。因此，我们别无选择，只能给予Rivian卖出、高风险评级。本网站包含的任何观点、新闻、研究、分析、价格或其他信息均作为一般市场评论提供，并不构成投资建议。ThinkMarkets对任何损失或损害不承担任何责任，包括但不限于因使用或依赖此类信息而直接或间接导致的任何利润损失。</blockquote></p><p> Rating &amp; Fair Value </p><p><blockquote>评级及公允价值</blockquote></p><p> TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p><p><blockquote>目标基于我们对公司的盈利和盈利增长预测，请注意<i>为了形成这样的意见，我们不可避免地要进行大量的猜测</i>，我们可以接受高达620亿美元的估值。这将是我们的最高端<i>一切顺利</i>Rivian到2025年。</blockquote></p><p> We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.</p><p><blockquote>然而，我们在上面指出，执行风险很高，公允价值可能接近400亿美元。这些估值相当于每股50至76美元的股价。因此，我们别无选择，只能给予Rivian卖出、高风险评级。</blockquote></p><p></p>","source":"lsy1631281755125","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>Are Rivian Automotive shares cheap or expensive?<blockquote>Rivian汽车公司的股票便宜还是贵？</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\">\nAre Rivian Automotive shares cheap or expensive?<blockquote>Rivian汽车公司的股票便宜还是贵？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The fiscal times</strong><span class=\"h-time small\">2021-11-12 13:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.</b></p><p><blockquote><b>我们现在已经在ThinkMarkets上列出了Rivian汽车股票差价合约。要开始交易，您需要做的就是创建一个帐户并在ThinkTrader观察列表中选择Rivian。</b></blockquote></p><p> What’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD.&nbsp;Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.</p><p><blockquote>Rivian股票差价合约最大的好处是，它们可以让你利用价格上涨和下跌的机会。这意味着通过ThinkMarkets，如果您认为Rivian汽车的价格将会上涨，您可以做多其差价合约，如果您认为价格将会下跌，您可以做空其差价合约。ThinkMarkets提供Rivian股票差价合约，股票代码为RIVN。</blockquote></p><p> So let’s take a closer look at Rivian Automotive and what’s behind all the hype?</p><p><blockquote>那么让我们仔细看看Rivian汽车公司以及所有炒作背后的原因是什么？</blockquote></p><p> Highlights</p><p><blockquote>亮点</blockquote></p><p> <ul>  <li>Rivian History</li>  <li>IPO</li>  <li>Opportunity</li>  <li>Risks</li>  <li>Conclusions</li>  <li>Rating &amp; Fair Value Target</li> </ul> HistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe. &nbsp;Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.</p><p><blockquote><ul><li>Rivian历史</li><li>IPO</li><li>机会</li><li>风险</li><li>结论</li><li>评级和公允价值目标</li></ul>历史Rivian成立于2012年，是一家美国电动汽车(EV)汽车制造商和汽车技术公司，由首席执行官Robert“RJ”Scaringe创建。亚马逊前首席执行官杰夫·贝索斯称Rivian创始人RJ·斯卡林格是“最伟大的企业家之一”。</blockquote></p><p> Rivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).</p><p><blockquote>Rivian最初是一家电动跑车制造商（在2012年正式更名之前），但改变了策略，因为管理层意识到他们无法为该领域已有的产品（即特斯拉）增加显着价值。相反，他们决定专注于电动汽车市场的一个明显漏洞，轻型卡车和运动型多用途车（SUV）。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/d1a14bbed113802408fbdf076ff4470b\" tg-width=\"699\" tg-height=\"344\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i><b>The Rivian R1S sports utility vehicle</b></i></p><p><blockquote><i><b>Rivian R1S运动型多功能车</b></i></blockquote></p><p> Today, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78&nbsp;per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.</p><p><blockquote>如今，Rivian有两款面向消费者的旗舰电动汽车出售：R1T（轻型卡车）和R1S（SUV）。它还开发了评级电动送货车（“EDV”），由Rivian与亚马逊合作设计和制造，亚马逊已在全球订购了10万辆汽车。IPORivian的首次公开募股（IPO）包括1.53亿股A类普通股，公开发行价为每股78美元，筹集119亿美元。然而，该公司已发行大量股票，由早期投资者和基石投资者持有。两个基石投资者特别值得注意，亚马逊拥有约22%的股份，福特汽车公司拥有约12%的Rivian股份。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fce0db4623415a5087830868ca8b1392\" tg-width=\"700\" tg-height=\"547\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i><b>Rivian Automotive (RIVN) price chart</b></i></p><p><blockquote><i><b>Rivian汽车(RIVN)价格图表</b></i></blockquote></p><p> OpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.</p><p><blockquote>机遇Rivian旨在解决庞大、快速增长且高利润的电动汽车市场。更具体地说，它的目标是利基轻型卡车和SUV细分市场，目前现有电动汽车制造商（尤其是主要竞争对手特斯拉）对该细分市场的服务严重不足。</blockquote></p><p> In addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.</p><p><blockquote>除了销售车辆，该战略还包括增值服务，如数字化融资、基于远程信息处理的保险、主动车辆服务（维护和维修）、灵活的会员和软件服务、全面的充电解决方案和车辆转售计划。除了这些服务外，该公司还将为消费者提供增值配件和应用程序，旨在提高Rivian电动汽车的使用。</blockquote></p><p> In addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.</p><p><blockquote>除消费汽车外，还通过Rivian商用车（“RCV”）平台瞄准商用市场。生产的第一辆汽车是EDV，由Rivian与亚马逊合作设计和制造，亚马逊已在全球订购了10万辆汽车。这是任何制造商有史以来最大的电动汽车订单。</blockquote></p><p> The company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.</p><p><blockquote>该公司认为，随着电动汽车的拥有成本不再是购买的重大障碍，电动汽车革命已经开始。他们指出，全球每年销售约9000万辆轻型汽车，其中很大一部分将不可避免地过渡到电动汽车。此外，卡车和SUV占美国新车销量的70%以上，是增长最快的细分市场，并占现有汽车制造商产生的大部分利润。</blockquote></p><p> Globally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.</p><p><blockquote>在全球范围内，Rivian的潜在市场总额约为83亿美元，其中美国的潜在市场略低于10亿美元。在美国市场中，他们认为消费电动汽车市场约为6.5亿美元，商用电动汽车市场约为2亿美元。财务截至2019年12月31日和2020年12月31日，我们分别产生了4.26亿美元和10亿美元的净亏损。这是因为该公司在产品开发以及2021年9月首次推出车辆的准备工作方面投入了大量资金。</blockquote></p><p></p><p> A key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.</p><p><blockquote>Rivian财务状况的一个关键积极因素是该公司的债务很少。相反，它通过无担保高级可转换本票（一种混合债务-股权工具，开始时是贷款，但到期时以预定股价转换为股票）和一些历史债券的方式为业务提供资金。优先股发行。</blockquote></p><p> Funding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion&nbsp;cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.</p><p><blockquote>资金是Rivian的关键，因为它预计到2023年底将花费至少80亿美元来支持其商业化和增长目标。该公司目前每季度消耗约3亿美元现金，银行现金约为35亿美元（包括IPO收益）。这给了它大约3年的增长跑道。</blockquote></p><p> The company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.</p><p><blockquote>该公司表示，在可预见的未来，电动汽车销售产生的现金流不太可能支付其持续支出。因此，随着该公司继续投资于其增长，预计将在很长一段时间内出现亏损。考虑到增长跑道和预期支出，这意味着该公司可能不得不在中期内再次筹集资金。</blockquote></p><p> As of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.</p><p><blockquote>截至2021年9月30日，该公司在美国和加拿大约有48,390份R1T和R1S预购订单，客户每人支付了1,000美元的可取消和可全额退还的定金。他们现有工厂目前的生产能力为每年150,000辆汽车。</blockquote></p><p> Some analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.</p><p><blockquote>一些分析师认为，如果该公司实现年产35万辆汽车的目标，到2025年该公司的收入可能在200亿至250亿美元之间。如果其利润率与特斯拉相似，这可能意味着净利润约为14亿至17亿美元。再次比较一下，这大致相当于特斯拉目前每季度的利润，而特斯拉的市值刚刚超过1万亿美元。风险Rivian的运营历史有限，尚未通过销售其车辆或其他产品和服务产生实质性收入迄今为止。该公司的中期前景很大程度上取决于其开发、制造、营销和销售电动汽车的能力。</blockquote></p><p> Initial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.</p><p><blockquote>R1T和R1S的初始交付分别被推迟，并且这些车辆的产量增加所需的时间比最初预期的要长。这主要是由于COVID-19大流行的持续影响，特别是对劳动力供应和供应链中断的影响。</blockquote></p><p> Another key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.</p><p><blockquote>Rivian面临的另一个关键问题是该公司难以准确估计对其车辆的可能需求，从而难以向供应商下长期订单或协商大规模折扣。这意味着该公司可能面临比特斯拉等老牌制造商高得多的成本。</blockquote></p><p> Also, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.</p><p><blockquote>此外，该公司一开始只有两种消费模式和一种商业模式。这可能只会在很长一段时间内维持各自市场的利益。最终，他们将不得不升级或重新设计现有车型，或者在其他细分市场推出新车型。在其他细分市场，例如乘用车和运动车，他们将面临来自老牌电动汽车和传统汽车制造商更先进产品的更加激烈的竞争。</blockquote></p><p> Rivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.</p><p><blockquote>Rivian自己公开承认（在他们的招股说明书中也是如此！）在设计、测试、制造、营销和销售电动汽车方面的经验有限。这意味着他们在实现短期和长期目标方面存在巨大的执行风险。结论Rivian周四收盘价为122.99美元，市值约为1000亿美元。这比美国巨头福特和通用汽车、欧洲知名品牌宝马还要大，也是日本制造商本田和日产的两倍。按收入计算，它的规模是全球最大汽车制造商大众汽车的71%。</blockquote></p><p> Whilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.</p><p><blockquote>虽然我们让这些比较留在您的脑海中，但让我们提醒您，Rivian迄今为止唯一的收入是它在预售中收取的1,000美元定金，并且尚未向客户交付一辆车。</blockquote></p><p> Rivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.</p><p><blockquote>Rivian经常被比作特斯拉，不仅是颠覆性电动汽车领域的模板，也是未来盈利能力和潜在市值的模板。我们认为，两家公司都生产电动汽车这一事实应该结束比较。特斯拉在首次公开募股之前就在生产和销售汽车，刚开始时几乎没有竞争，因为它是该领域的先驱。另一方面，Rivian正在进入一个竞争激烈的电动汽车领域，该领域现在由所有主要的老牌生产商组成。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9132ca6746200892bfe86ebef29927fd\" tg-width=\"700\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i><b>The Rivian R1T light truck</b></i></p><p><blockquote><i><b>Rivian R1T轻型卡车</b></i></blockquote></p><p></p><p> Granted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).</p><p><blockquote>诚然，Rivian的目标是轻型卡车和SUV这一利基市场，而目前这一市场的服务基本上不足。然而，随着其他制造商，尤其是特斯拉，越来越多地进入这一细分市场，这种情况不太可能持续太久（特斯拉目前正在销售一款“软SUV”Model X，但计划发布一款更注重冒险的SUV和2023年的Cybertruck）。</blockquote></p><p> The company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extreme<i>at the current valuation</i>(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').</p><p><blockquote>该公司承认自己“在设计、测试、制造、营销和销售电动汽车方面的经验有限”。这是一个未经证实的实体，与成熟的同行相比，其交易估值极高。因此，我们认为执行风险极大<i>按当前估值</i>（我们想不出比‘极端’更极端的词了……也许是‘极端极端！？’）.</blockquote></p><p> We define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.</p><p><blockquote>我们将“执行风险”定义为公司无法实现其生产和销售目标的可能性、不断发展的竞争格局的潜在负面影响以及消费者对其产品的有利采用。</blockquote></p><p> However, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.</p><p><blockquote>然而，从好的方面来看，短期内该公司的估值可能更多地取决于投资者准备为其股票支付的费用，而不是其未来的盈利能力。当然，通常我们会期望这两个概念最终会融合。但在当前的市场环境下，有大量投资者热衷于将投资资金投入到像Rivian这样符合他们信仰和品味的公司。</blockquote></p><p> In conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating &amp; Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p><p><blockquote>总之，我们认为Rivian股票目前的价格被严重高估。然而，我们注意到电动汽车行业正在快速增长，许多投资者可以看到并感受到这带来的机会。也许“极其极端”的风险没有“故事”重要，也可能是对错过“下一个特斯拉”的恐惧。因此，我们预计Rivian股价可能会在一段时间内保持高估，因此不能排除短期内进一步上涨。评级和公允价值目标基于我们对该公司的盈利和盈利增长预测，请注意<i>为了形成这样的意见，我们不可避免地要进行大量的猜测</i>，我们可以接受高达620亿美元的估值。这将是我们的最高端<i>一切顺利</i>Rivian到2025年。</blockquote></p><p> We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.</p><p><blockquote>然而，我们在上面指出，执行风险很高，公允价值可能接近400亿美元。这些估值相当于每股50至76美元的股价。因此，我们别无选择，只能给予Rivian卖出、高风险评级。本网站包含的任何观点、新闻、研究、分析、价格或其他信息均作为一般市场评论提供，并不构成投资建议。ThinkMarkets对任何损失或损害不承担任何责任，包括但不限于因使用或依赖此类信息而直接或间接导致的任何利润损失。</blockquote></p><p> Rating &amp; Fair Value </p><p><blockquote>评级及公允价值</blockquote></p><p> TargetBased upon our earnings and earnings growth estimates for the company, and please note<i>a great deal of guesswork is inevitably required on our part to form such opinions</i>, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentially<i>everything going right</i>for Rivian out to 2025.</p><p><blockquote>目标基于我们对公司的盈利和盈利增长预测，请注意<i>为了形成这样的意见，我们不可避免地要进行大量的猜测</i>，我们可以接受高达620亿美元的估值。这将是我们的最高端<i>一切顺利</i>Rivian到2025年。</blockquote></p><p> We noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.</p><p><blockquote>然而，我们在上面指出，执行风险很高，公允价值可能接近400亿美元。这些估值相当于每股50至76美元的股价。因此，我们别无选择，只能给予Rivian卖出、高风险评级。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/\">The fiscal times</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":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.thinkmarkets.com/au/market-news/november-2021/are-rivian-automotive-shares-cheap-or-expensive/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115192108","content_text":"We have now listed Rivian Automotive share CFDs on ThinkMarkets. To get started trading, all you need to do is create an account and select Rivian in your ThinkTrader watchlist.\nWhat’s best about Rivian share CFDs is that they let you take advantage of both rising and falling prices. That means with ThinkMarkets, if you think the price of Rivian Automotive is going to rise, you can go long its CFD, and if you think the price is going to fall, you can go short its CFD. Rivian Share CFDs are available on ThinkMarkets under the stock ticker RIVN.\nSo let’s take a closer look at Rivian Automotive and what’s behind all the hype?\nHighlights\n\nRivian History\nIPO\nOpportunity\nRisks\nConclusions\nRating & Fair Value Target\n\nHistoryStarted in 2012, Rivian is an American electric vehicle (EV) automaker and automotive technology company created by CEO Robert “RJ” Scaringe.  Former CEO of Amazon, Jeff Bezos, called Rivian’s founder, RJ Scaringe, “one of the greatest entrepreneurs”.\nRivian originally started life as an EV sports car manufacturer (prior to officially rebranding in 2012), but changed tack because management realised they could not add significant value to what was already on offer in that space (i.e., Tesla). Instead, they decided to focus on a glaring hole in the EV market, light trucks and sports utility vehicles (SUVs).\n\nThe Rivian R1S sports utility vehicle\nToday, Rivian has two flagship consumer focussed EVs for sale, the R1T (light truck) and the R1S (SUV). It also has developed what it calls the Electric Delivery Van (\"EDV\"), designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally.IPORivian's initial public offering (IPO) consisted of 153 million shares of Class A common stock at a public offering price of $78 per share, to raise US$11.9 billion. However there are a considerable number of shares already issued in the company, held by early and cornerstone investors. Two cornerstone investors are of particular note, Amazon which owns approximately 22%, and Ford Motor Co. which owns approximately 12% of Rivian shares.\n\nRivian Automotive (RIVN) price chart\nOpportunityRivian aims to address the large, fast-growing, and high-margin EV market. More specifically, it is targeting the niche light truck and SUVs segment which is currently significantly underserviced by existing EV manufacturers, particularly by major rival Tesla.\nIn addition to selling vehicles, strategy also includes value-added services such as digitally enabled financing, telematics-based insurance, proactive vehicle service (maintenance and repair), flexible membership and software services, comprehensive charging solutions, and a vehicle resale program. In addition to these services, the company will also offer consumers value adding accessories and applications aimed at improving the usage of Rivian's EVs.\nIn addition to consumer vehicles, also targeting commercial market via Rivian Commercial Vehicle (\"RCV\") platform. The first vehicle to be produced is the EDV, designed and engineered by Rivian in collaboration with Amazon who has ordered an initial volume of 100,000 vehicles globally. This is the largest order of EVs ever for any manufacturer.\nThe company believes that with the cost of EV ownership no longer a significant barrier to purchase, the EV revolution has begun. They note that approximately 90 million light vehicles are sold globally each year, and a significant proportion of these will inevitably transition to EVs. Further, trucks and SUVs comprise over 70% of new vehicle sales in the United States, are the fastest growing segment, and account for most of the profits generated by incumbent automobile manufacturers.\nGlobally, Rivian's total addressable market is around US$8.3 billion, with just under US$1 billion in the US. Of the US market, they believe the market for consumer EVs is approximately $650 million, and approximately $200 million for commercial EVs.FinancialsFor the years ended December 31, 2019 and 2020, we incurred net losses of $426 million and $1.0 billion, respectively. This is because the company has invested heavily in product development, and preparations for the initial launch of their vehicles which occurred in September 2021.\nA key positive of the financials for Rivian is that the company has minimal debt. Instead, it has funded the business by ways of a unsecured senior convertible promissory notes (a kind of a hybrid debt-equity instrument that starts as a loan but converts on maturity to stock at a predetermined stock price), and a number of historical preferred stock issues.\nFunding is the key for Rivian as it anticipates it will spend at least $8 billion through the end of 2023 to support their commercialisation and growth objectives. The company is currently burning around US$300 million in cash per quarter, with approximately US$3.5 billion cash in the bank (proceeds of the IPO included). This gives it a growth runway of approximately 3 years.\nThe company says that cash flows from the sales of its EVs are unlikely to cover its ongoing expenditure for the foreseeable future. As a result, the company expects to make losses for an extended period of time as it continues to invest in its growth. Given the growth runway, and expected expenditures, this implies that the company will likely have to raise capital again in the medium term.\nAs of September 30, 2021, the company had approximately 48,390 R1T and R1S pre-orders in the United States and Canada from customers who each paid a cancellable and fully refundable deposit of $1,000. Current production capacity at their existing plant is 150,000 vehicles p.a.\nSome analysts believe the company could make revenues of between US$20 billion and US$25 billion by 2025 if it achieves its aim of 350,000 vehicles produced annually. It its margins are similar to Tesla, this could mean approximately US$1.4 billion to US$1.7 billion in net profits. Again to compare, this is roughly what Tesla currently earns in profit per quarter, and Tesla's market capitalisation us just over US$1 trillion.RisksRivian has a limited operating history and has not generated material revenue from sales of its vehicles or other products and services to date. The company's medium term outlook depends largely on its ability to develop, manufacture, market and sell their EVs.\nInitial deliveries for the R1T and R1S were and are, respectively, delayed, and the ramp up in production of these vehicles is taking longer than originally expected. This is due largely to the ongoing impacts of the COVID-19 pandemic, particularly on labour availability and supply chain disruptions.\nAnother key issue facing Rivian is the difficulty the company has in accurately estimating the likely demand for their vehicles, and therefore in placing long term orders with suppliers, or to negotiate scaled discounts. This means that the company is likely to face significantly higher costs than an established manufacturer like Tesla.\nAlso, the company is starting with just two consumer models and one commercial model. This will likely only sustain respective markets' interests for so long. Eventually they will have to upgrade or redesign existing models, and or launch new ones in other segments. In those other segments, for example passenger and sports, they are going to face significantly tougher competition from more advanced offerings by established EV and conventional vehicle manufacturers.\nRivian, by their own public admission (in their prospectus no less!) has limited experience in designing, testing, manufacturing, marketing, and selling EVs. This means that there is a significant execution risk in terms of them delivering on their short term and longer term goals.ConclusionsAt $122.99 closing price on Thursday, Rivian is capitalised at approximately US$100 billion. This is greater than U.S. majors Ford and General Motors, European prestige brand BMW, and twice the size of Japanese manufacturers Honda and Nissan. It's 71% the size of the world's largest car manufacturer by revenue, Volkswagen.\nWhilst we let those comparisons settle in your mind, let us remind you that Rivian's only revenue so far is the $1,000 deposits it has taken on its presales, and has not yet delivered a single vehicle to customers.\nRivian is often compared to Tesla, both in terms of a template for what is possible in the disruptive EV space, but also as what is possible in terms of future profitability and potential market capitalisation. We would suggest that the fact both companies produce EVs is where the comparisons should end. Tesla was producing and selling vehicles prior to its IPO, and had very little competition when it started because it was a pioneer in the space. Rivian on the other hand, is entering a highly competitive EV landscape that now consists of all of the major, established producers.\n\nThe Rivian R1T light truck\nGranted, Rivian is targeting the niche of light trucks and SUVs, which is largely underserviced at the moment. However, this is unlikely to remain so for long as other manufacturers, particularly Tesla, increasingly enter this segment (Tesla is currently selling a 'soft SUV', the Model X, but has plans to release a more adventure-focussed SUV and the Cybertruck in 2023).\nThe company admits itself that it has \"limited experience, in designing, testing, manufacturing, marketing, and selling EVs\". It is an unproven entity that is trading at an extremely high valuation compared to its established peers. For this reason, we belive the execution risk is extremeat the current valuation(we couldn’t think of a word more extreme than 'extreme'…perhaps 'extremely extreme!?').\nWe define 'execution risk' as the possibility the company does not deliver on its production and sales targets, potential negative impacts from the developing competitive landscape, and favourable consumer adoption of its products.\nHowever, on the upside, in the short term, the company's valuation likely depends more on what investors are prepared to pay for its shares rather than on its future profitability. Granted, ordinarily we would expect that these two concepts eventually merge. But in the current market environment, there are a great deal of investors who are only too keen to throw their investment dollars at companies like Rivian that are consistent with their beliefs and tastes.\nIn conclusion, we believe that Rivian shares at their current price are grossly overvalued. However, we note that the EV industry is growing rapidly, and many investors can see and relate to the opportunity that this presents. Perhaps 'extremely extreme' risks are less important than the 'story', and possibly also the fear of missing out on 'the next Tesla'. For this reason, we expect Rivian shares will probably remain overvalued for some time, and therefore cannot rule out further gains in the short term.Rating & Fair Value TargetBased upon our earnings and earnings growth estimates for the company, and please notea great deal of guesswork is inevitably required on our part to form such opinions, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentiallyeverything going rightfor Rivian out to 2025.\nWe noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.\nRating & Fair Value \nTargetBased upon our earnings and earnings growth estimates for the company, and please notea great deal of guesswork is inevitably required on our part to form such opinions, we could entertain a valuation of as high as US$62 billion. This would be our top end based upon essentiallyeverything going rightfor Rivian out to 2025.\nWe noted above however execution risk is high, and fair value is likely closer to US$40 billion. These valuations equate to a share price of between $50 to $76 per share. For this reason, we have no choice but to go with a Sell, High Risk rating on Rivian.","news_type":1,"symbols_score_info":{"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}