BenBina的个人主页 - 老虎社区

BenBina

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IP属地：重庆

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30粉丝

4主题

0勋章

10-31

$三倍做多半导体ETF-Direxion Daily(SOXL)$ 血崩的时候，没有一片雪花是无辜的

10-27

Again，网红产品的寿命周期不过就两三年

泡泡玛特：2026年第三季度整体收益同比下降45%-50%

10-22

$联想集团(00992)$ 血崩的时候，没有一片雪花是无辜的

10-21

$SpaceX(SPCX)$ 盘前就开始割韭菜了

10-15

$联想集团(00992)$ 血崩的时候没有一片雪花是无辜的

10-09

$Lumentum Holdings Inc.(LITE)$ 吃相真特么难看，居然新高

10-08

$Lumentum Holdings Inc.(LITE)$ 特么的就你不回调，能不能痛快点跌个25%或30%？？

10-06

$美国超微公司(AMD)$ 这市值。真的确定不会被腰斩70%吗

10-02

市值300亿的公司收购市值一千亿的公司？？？

美股夜盘 | 安森美半导体夜盘升6%，Moderna升逾1%，耐克绩后大跌8%

10-01

$美光科技(MU)$ 最特么没意思的一次财报

09-28

$美国超微公司(AMD)$ 你最多值250的股价。。。太特么夸张了。。。

09-21

$联想集团(00992)$ 一年涨了5倍，何德何能。

09-16

$赛力斯(09927)$ 掐指一算，今年年底破产退市

09-15

什么混账逻辑？？投资苹果的31年前你才多少岁？还未成年吧

段永平：投资时机非关键，曾2011年投苹果

09-11

绝对数据造假

美国8月CPI同比增长3.4%，符合市场预期

09-11

下周一再跌10%到位

智谱据报以每股714港元的价格配售约2197万股H股

09-06

主要看现金流是否还是负的几百亿。。。

财报前瞻｜甲骨文本季度营收预计增27.30%，机构观点以看多为主

09-03

$Snowflake(SNOW)$ 今天晚上应该会高开低走

09-02

已经浮亏了。还在瞎bb

伯克希尔CEO阿贝尔：增持Alphabet股份后，认为其是人工智能领域的“重要参与者”

09-01

$蔚来-SW(09866)$ 距离2020年那个破产的时刻不远了

去老虎APP查看更多动态

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16:35","market":"us","language":"zh","title":"泡泡玛特：2026年第三季度整体收益同比下降45%-50%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180594992","media":"老虎资讯综合","summary":"泡泡玛特公告，2026年第三季度整体收益（未经审核）较2025年第三季度同比下降45%-50%；其中中国收益同比下降25%-30%，亚太收益同比下降65%-70%，美洲收益同比下降70%-75%，欧洲及其他地区收益同比下降50%-55%。中国线下渠道收益同比下降5%-10%，线上渠道收益同比下降45%-50%。","content":"<html><head></head><body><p style=\"text-align: left;\">泡泡玛特公告，2026年第三季度整体收益（未经审核）较2025年第三季度同比下降45%-50%；其中中国收益同比下降25%-30%，亚太收益同比下降65%-70%，美洲收益同比下降70%-75%，欧洲及其他地区收益同比下降50%-55%。中国线下渠道收益同比下降5%-10%，线上渠道收益同比下降45%-50%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87f3149713a54facd138dd1d69a1654c\" data-align=\"center\" tg-width=\"770\" tg-height=\"900\"/><span></span></p></body></html>","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\" 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style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-10-27 16:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">泡泡玛特公告，2026年第三季度整体收益（未经审核）较2025年第三季度同比下降45%-50%；其中中国收益同比下降25%-30%，亚太收益同比下降65%-70%，美洲收益同比下降70%-75%，欧洲及其他地区收益同比下降50%-55%。中国线下渠道收益同比下降5%-10%，线上渠道收益同比下降45%-50%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87f3149713a54facd138dd1d69a1654c\" data-align=\"center\" tg-width=\"770\" tg-height=\"900\"/><span></span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/885447e000f5e02536cd166eeda13f45","relate_stocks":{"09992":"泡泡玛特"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180594992","content_text":"泡泡玛特公告，2026年第三季度整体收益（未经审核）较2025年第三季度同比下降45%-50%；其中中国收益同比下降25%-30%，亚太收益同比下降65%-70%，美洲收益同比下降70%-75%，欧洲及其他地区收益同比下降50%-55%。中国线下渠道收益同比下降5%-10%，线上渠道收益同比下降45%-50%。","news_type":1,"symbols_score_info":{"09992":1}},"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":621000941510680,"gmtCreate":1792638671907,"gmtModify":1792638674172,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/00992\">$联想集团(00992)$&nbsp;</a> 血崩的时候，没有一片雪花是无辜的","listText":"<a href=\"https://laohu8.com/S/00992\">$联想集团(00992)$&nbsp;</a> 血崩的时候，没有一片雪花是无辜的","text":"$联想集团(00992)$ 血崩的时候，没有一片雪花是无辜的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/621000941510680","isVote":1,"tweetType":1,"viewCount":713,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":620773971824920,"gmtCreate":1792581821790,"gmtModify":1792581824243,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$</a> 盘前就开始割韭菜了","listText":"<a href=\"https://laohu8.com/S/SPCX\">$SpaceX(SPCX)$</a> 盘前就开始割韭菜了","text":"$SpaceX(SPCX)$ 盘前就开始割韭菜了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/620773971824920","isVote":1,"tweetType":1,"viewCount":758,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576321177589538","authorId":"3576321177589538","name":"博諺國際控股","avatar":"https://static.tigerbbs.com/83f2570c212c3478418731d5e5f32d87","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3576321177589538","idStr":"3576321177589538"},"content":"韭菜自动下车的 放心他们不配这么好的股","text":"韭菜自动下车的 放心他们不配这么好的股","html":"韭菜自动下车的 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08:28","market":"us","language":"zh","title":"美股夜盘 | 安森美半导体夜盘升6%，Moderna升逾1%，耐克绩后大跌8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1181018709","media":"老虎资讯综合","summary":"Moderna将纳入纳斯达克100指数，夜盘股价升逾1.5%。安森美半导体夜盘升 6%。消息面上，安森美半导体以每股123美元现金收购新思科技，修订此前交易方案；耐克夜盘大跌 8%，其第一财季业绩喜忧参半，宣布裁员作为重组的一部分。","content":"<html><head></head><body><p style=\"text-align: left;\">Moderna将纳入纳斯达克100指数，夜盘股价升逾1.5%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/52ee597ec7431e0a3da74e471456eb94\" data-align=\"center\" tg-width=\"730\" tg-height=\"262\"/><span></span></p><p style=\"text-align: left;\">安森美半导体夜盘升 6%。消息面上，安森美半导体以每股123美元现金收购<strong>Synaptics</strong>，修订此前交易方案；</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5e8cbeca028378a90786aeda6901ca49\" data-align=\"center\" tg-width=\"710\" tg-height=\"230\"/><span></span></p><p style=\"text-align: left;\">耐克夜盘大跌 8%，其第一财季业绩喜忧参半，宣布裁员作为重组的一部分。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0c8b18b6ae6768ca9f3b350a74de7091\" data-align=\"center\" tg-width=\"704\" tg-height=\"242\"/><span></span></p></body></html>","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>美股夜盘 | 安森美半导体夜盘升6%，Moderna升逾1%，耐克绩后大跌8%</title>\n<style 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style=\"text-align: left;\">Moderna将纳入纳斯达克100指数，夜盘股价升逾1.5%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/52ee597ec7431e0a3da74e471456eb94\" data-align=\"center\" tg-width=\"730\" tg-height=\"262\"/><span></span></p><p style=\"text-align: left;\">安森美半导体夜盘升 6%。消息面上，安森美半导体以每股123美元现金收购<strong>Synaptics</strong>，修订此前交易方案；</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5e8cbeca028378a90786aeda6901ca49\" data-align=\"center\" tg-width=\"710\" tg-height=\"230\"/><span></span></p><p style=\"text-align: left;\">耐克夜盘大跌 8%，其第一财季业绩喜忧参半，宣布裁员作为重组的一部分。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0c8b18b6ae6768ca9f3b350a74de7091\" data-align=\"center\" tg-width=\"704\" 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掐指一算，今年年底破产退市","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608256404087512","isVote":1,"tweetType":1,"viewCount":1059,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608034456141936,"gmtCreate":1789469501946,"gmtModify":1789473341708,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"什么混账逻辑？？投资苹果的31年前你才多少岁？还未成年吧","listText":"什么混账逻辑？？投资苹果的31年前你才多少岁？还未成年吧","text":"什么混账逻辑？？投资苹果的31年前你才多少岁？还未成年吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608034456141936","repostId":"2666271508","repostType":4,"repost":{"id":"2666271508","kind":"highlight","weMediaInfo":{"introduction":"段永平雪球发声","home_visible":1,"media_name":"段永平今天交易了什么","id":"1003763968","head_image":"https://community-static.tradeup.com/news/8f5e7cba3670a5e793ae6a90ab6660f8"},"pubTimestamp":1789181749,"share":"https://www.laohunote.com/m/news/2666271508?lang=zh_CN&edition=full","pubTime":"2026-09-12 10:55","market":"us","language":"zh","title":"段永平：投资时机非关键，曾2011年投苹果","url":"https://stock-news.laohu8.com/highlight/detail?id=2666271508","media":"段永平今天交易了什么","summary":"知名价值投资人段永平9月12日在雪球平台回应网友质疑，以自己2011年投资苹果（NASDAQ: AAPL）为例，反驳了关于AI投资时机滞后的观点。他指出，苹果虽于1980年上市，但自己入市时距其成立已","content":"<html><head></head><body><p>知名价值投资人段永平9月12日在雪球平台回应网友质疑，以自己2011年投资苹果（NASDAQ: AAPL）为例，反驳了关于AI投资时机滞后的观点。他指出，苹果虽于1980年上市，但自己入市时距其成立已逾30年，并称“那你觉得我投苹果是不是更晚了”，暗示投资时点并非决定盈利的核心因素。</p>\n<p>段永平在回复中针对网友“老巴说不要参与人声鼎沸”的引用，建议对方“多看几遍”巴菲特的原意，并透露自己查证后确认苹果上市时间略早于最初印象。此番对话源于网友“飞行家77”的提问：“大道您觉得您是否有点滞后了投AI，现在投会不会泡沫？”段永平以自身投资苹果的亲自经历，含蓄地表达了对AI领域投资时机的不同看法。</p>\n<p><img src=\"https://static.tigerbbs.com/77c42c8e5043afbf3d025851e2fccb50\" data-align=\"center\" tg-width=\"640\" tg-height=\"314\"/></p></body></html>","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>段永平：投资时机非关键，曾2011年投苹果</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; 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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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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段永平：投资时机非关键，曾2011年投苹果\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1003763968\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8f5e7cba3670a5e793ae6a90ab6660f8);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">段永平今天交易了什么 </p>\n<p class=\"h-time\">2026-09-12 10:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>知名价值投资人段永平9月12日在雪球平台回应网友质疑，以自己2011年投资苹果（NASDAQ: AAPL）为例，反驳了关于AI投资时机滞后的观点。他指出，苹果虽于1980年上市，但自己入市时距其成立已逾30年，并称“那你觉得我投苹果是不是更晚了”，暗示投资时点并非决定盈利的核心因素。</p>\n<p>段永平在回复中针对网友“老巴说不要参与人声鼎沸”的引用，建议对方“多看几遍”巴菲特的原意，并透露自己查证后确认苹果上市时间略早于最初印象。此番对话源于网友“飞行家77”的提问：“大道您觉得您是否有点滞后了投AI，现在投会不会泡沫？”段永平以自身投资苹果的亲自经历，含蓄地表达了对AI领域投资时机的不同看法。</p>\n<p><img src=\"https://static.tigerbbs.com/77c42c8e5043afbf3d025851e2fccb50\" data-align=\"center\" tg-width=\"640\" tg-height=\"314\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU1400636491.USD":"Allianz Europe Income and 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AAPL）为例，反驳了关于AI投资时机滞后的观点。他指出，苹果虽于1980年上市，但自己入市时距其成立已逾30年，并称“那你觉得我投苹果是不是更晚了”，暗示投资时点并非决定盈利的核心因素。\n段永平在回复中针对网友“老巴说不要参与人声鼎沸”的引用，建议对方“多看几遍”巴菲特的原意，并透露自己查证后确认苹果上市时间略早于最初印象。此番对话源于网友“飞行家77”的提问：“大道您觉得您是否有点滞后了投AI，现在投会不会泡沫？”段永平以自身投资苹果的亲自经历，含蓄地表达了对AI领域投资时机的不同看法。","news_type":1,"symbols_score_info":{"CMAG":1,"AAPD":1,"QTOC":1,"VGT":1,"CHAT":1,"AAPB":1,"AAPE":1,"AAPX":1,"JGRO":1,"AAPL":1,"TYLG":1,"AAPY":1,"AAPW":1,"IOSX":1,"SAAPLmain":1,"ROM":1,"APLY":1,"FTEC":1,"ABFL":1,"AAPU":1,"AIPO":1,"VT":1,"VTHR":1,"TTXU":1,"AGIX":1,"METV":1,"MACW.SI":1,"XLK":1,"SPTE":1,"ARTY":1,"IXN":1}},"isVote":1,"tweetType":1,"viewCount":1096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606644324147976,"gmtCreate":1789130049478,"gmtModify":1789130051701,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"绝对数据造假","listText":"绝对数据造假","text":"绝对数据造假","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606644324147976","repostId":"1132607198","repostType":4,"repost":{"id":"1132607198","kind":"news","weMediaInfo":{"introduction":"快讯推送自媒体","home_visible":0,"media_name":"老虎快讯","id":"1061542828","head_image":"https://community-static.tradeup.com/news/6fb3c0336a0e7c79225e5feb8bd9d842"},"pubTimestamp":1789129864,"share":"https://www.laohunote.com/m/news/1132607198?lang=zh_CN&edition=full","pubTime":"2026-09-11 20:31","market":"us","language":"zh","title":"美国8月CPI同比增长3.4%，符合市场预期","url":"https://stock-news.laohu8.com/highlight/detail?id=1132607198","media":"老虎快讯","summary":"美国8月CPI同比增长3.4%，预估为3.4%，前值为3.4%","content":"<html><head></head><body><p style=\"text-align: left;\">美国8月CPI同比增长3.4%，预估为3.4%，前值为3.4%。</p><p style=\"text-align: left;\">美国8月CPI数据公布后，市场预计下周美联储加息的概率约为90%。</p><p style=\"text-align: left;\">美国劳工统计局周五报告显示，面临伊朗战争、关税以及数据中心建设带来的持续压力，上个月通胀向美联储目标迈进的进展甚微。此前，一些官员曾暗示9月15日至16日的决策将取决于数据表现；鉴于此次数据，美联储很可能会认为这将促成三年来的首次加息。</p><p style=\"text-align: left;\">随着投资者加大对加息的押注，美国国债收益率上升，股指期货保持高位。美联储主席沃什此前一直不愿透露美联储下一步行动的意向。与此同时，受中东冲突及俄乌战争冲击供应的影响，美国经济正面临能源价格反弹的挑战。</p><p style=\"text-align: left;\">本周，油价突破每桶100美元，美国零售柴油价格也创下历史新高</p></body></html>","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 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float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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美国8月CPI同比增长3.4%，符合市场预期\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/6fb3c0336a0e7c79225e5feb8bd9d842);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎快讯 </p>\n<p class=\"h-time\">2026-09-11 20:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">美国8月CPI同比增长3.4%，预估为3.4%，前值为3.4%。</p><p style=\"text-align: left;\">美国8月CPI数据公布后，市场预计下周美联储加息的概率约为90%。</p><p style=\"text-align: left;\">美国劳工统计局周五报告显示，面临伊朗战争、关税以及数据中心建设带来的持续压力，上个月通胀向美联储目标迈进的进展甚微。此前，一些官员曾暗示9月15日至16日的决策将取决于数据表现；鉴于此次数据，美联储很可能会认为这将促成三年来的首次加息。</p><p style=\"text-align: left;\">随着投资者加大对加息的押注，美国国债收益率上升，股指期货保持高位。美联储主席沃什此前一直不愿透露美联储下一步行动的意向。与此同时，受中东冲突及俄乌战争冲击供应的影响，美国经济正面临能源价格反弹的挑战。</p><p style=\"text-align: left;\">本周，油价突破每桶100美元，美国零售柴油价格也创下历史新高</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/df74a3173019df9d7cecb61fc0d78eea","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132607198","content_text":"美国8月CPI同比增长3.4%，预估为3.4%，前值为3.4%。美国8月CPI数据公布后，市场预计下周美联储加息的概率约为90%。美国劳工统计局周五报告显示，面临伊朗战争、关税以及数据中心建设带来的持续压力，上个月通胀向美联储目标迈进的进展甚微。此前，一些官员曾暗示9月15日至16日的决策将取决于数据表现；鉴于此次数据，美联储很可能会认为这将促成三年来的首次加息。随着投资者加大对加息的押注，美国国债收益率上升，股指期货保持高位。美联储主席沃什此前一直不愿透露美联储下一步行动的意向。与此同时，受中东冲突及俄乌战争冲击供应的影响，美国经济正面临能源价格反弹的挑战。本周，油价突破每桶100美元，美国零售柴油价格也创下历史新高","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606627138662424,"gmtCreate":1789125819622,"gmtModify":1789125821310,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"下周一再跌10%到位","listText":"下周一再跌10%到位","text":"下周一再跌10%到位","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606627138662424","repostId":"1117623032","repostType":2,"repost":{"id":"1117623032","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1789123738,"share":"https://www.laohunote.com/m/news/1117623032?lang=zh_CN&edition=full","pubTime":"2026-09-11 18:48","market":"us","language":"zh","title":"智谱据报以每股714港元的价格配售约2197万股H股","url":"https://stock-news.laohu8.com/highlight/detail?id=1117623032","media":"老虎资讯综合","summary":"文件显示：智谱拟以每股714港元的价格配售约2197万股H股。","content":"<html><head></head><body>文件显示：智谱拟以每股714港元的价格配售约2197万股H股。</body></html>","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>智谱据报以每股714港元的价格配售约2197万股H股</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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智谱据报以每股714港元的价格配售约2197万股H股\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-09-11 18:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>文件显示：智谱拟以每股714港元的价格配售约2197万股H股。</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1306bc1767d66bbcc18ab2ba9da5ec33","relate_stocks":{"02513":"智谱"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117623032","content_text":"文件显示：智谱拟以每股714港元的价格配售约2197万股H股。","news_type":1,"symbols_score_info":{"02513":1}},"isVote":1,"tweetType":1,"viewCount":795,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604807111632352,"gmtCreate":1788695047667,"gmtModify":1788695049755,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"主要看现金流是否还是负的几百亿。。。","listText":"主要看现金流是否还是负的几百亿。。。","text":"主要看现金流是否还是负的几百亿。。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604807111632352","repostId":"1178366222","repostType":4,"repost":{"id":"1178366222","kind":"news","weMediaInfo":{"introduction":"专注财报前瞻、财报解析的大模型Agent","home_visible":1,"media_name":"财报Agent","id":"1017018787","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"pubTimestamp":1788451025,"share":"https://www.laohunote.com/m/news/1178366222?lang=zh_CN&edition=full","pubTime":"2026-09-03 23:57","market":"hk","language":"zh","title":"财报前瞻｜甲骨文本季度营收预计增27.30%，机构观点以看多为主","url":"https://stock-news.laohu8.com/highlight/detail?id=1178366222","media":"财报Agent","summary":"甲骨文将于2026年09月10日盘后发布最新季度财报，一致预期聚焦AI相关收入兑现与利润韧性。市场一致预期本季度公司营收约191.44亿美元，同比增长27.30%；调整后每股收益约1.74美元，同比增长17.66%；EBIT约77.85亿美元，同比增长25.57%；公司上季未披露针对本季度的毛利率与净利率定量指引，市场层面亦暂无统一口径的净利润或净利率预测数据。根据年内多家机构的公开观点更新，偏多观点占据主导。","content":"<p><h2><b>摘要</b></h2>\n甲骨文将于2026年09月10日盘后发布最新季度财报，一致预期聚焦AI相关收入兑现与利润韧性。\n<h2><b>市场预测</b></h2>\n市场一致预期本季度公司营收约191.44亿美元，同比增长27.30%；调整后每股收益约1.74美元，同比增长17.66%；EBIT约77.85亿美元，同比增长25.57%；公司上季未披露针对本季度的毛利率与净利率定量指引，市场层面亦暂无统一口径的净利润或净利率预测数据。  \n公司主营“云计算和本地部署软件”上季收入167.37亿美元，占比87.24%，结构改善与订阅粘性支撑收入确定性；发展前景最大的现有业务为云基础设施（IaaS），上一财季收入58.00亿美元，同比增长93.00%，算力交付与在手订单转为确认收入是本季度核心看点。\n<h2><b>上季度回顾</b></h2>\n上季度公司营收191.84亿美元，同比增长20.63%；毛利率65.23%；归母净利润43.04亿美元，净利率22.44%；调整后每股收益2.03美元，同比增长19.41%。  \n业务结构方面，“云计算和本地部署软件”收入167.37亿美元，“服务”收入15.23亿美元，“硬件”收入9.24亿美元，收入结构持续向高附加值订阅与服务倾斜。  \n从增长驱动看，云基础设施（IaaS）在上一财季收入58.00亿美元，同比增长93.00%，成为带动整体增速的重要引擎。\n<h2><b>本季度展望</b></h2>\n<h4><b>AI算力与订单兑现节奏</b></h4>\n年内披露的信息显示，公司在手订单（RPO）规模高企，为未来数季的收入确认提供较强能见度，若AI训练集群按期交付，本季度营收有望延续高双位数增速；结合一致预期，营收指向191.44亿美元，同比增长27.30%，核心变量在于GPU产能与数据中心上架进度。IaaS上一财季收入58.00亿美元、同比增长93.00%，显示AI相关合同向规模化交付转换，本季度观察点在于超大单的分期确认节奏与单位算力定价变化对毛利的影响。美国国防领域新增的70.00亿美元合同与企业级大客户扩容，亦有望在本季度与后续季度逐步形成确认，推动高质量的经常性收入占比提升。  \n在利润端，若AI算力项目的稼动率与利用率抬升，将对单位固定成本形成摊薄，配合软件与数据库的高毛利属性，有望对EBIT与EPS形成正向杠杆；一致预期显示本季度EBIT约77.85亿美元，同比增长25.57%，调整后每股收益约1.74美元，同比增长17.66%。需要关注的是，若部分数据中心的辅助配套进度推迟至2027年02月01日之后，相关产能释放或阶段性递延，使得本季确认收入略低于理想轨道，这会对单季毛利率形成扰动但不改中期合同兑现趋势。</p>\n<p><h4><b>多云互联带来的迁移需求与数据库溢出效应</b></h4>\n公司年内宣布与主流公有云平台的互联进一步落地，跨云专线与托管连接的全面可用将显著降低大型企业多云架构的切换摩擦，推动“云计算和本地部署软件”组合的采用率与使用深度。对于已有数据库工作负载的客户，跨云互联使“就地”或“近数据”的模型引入更可行，带来数据库升级、数据管理与治理工具的附加需求，叠加中间件与安全套件的交叉销售，形成二次增长曲线。上一季该主业板块收入达到167.37亿美元，占比87.24%，反映存量安装基础与订阅续费的粘性；本季看点在于多云互联落地后，围绕数据库与分析型负载的扩容能否带动单位客户ARPU上行，并进一步支撑经常性收入与现金回款节奏。  \n在确认节奏上，多云项目往往以阶段性里程碑计费，短期对收入与毛利的贡献取决于项目交付与验收进展；若跨云互联带动更多同业迁移案例落地，项目管线的滚动扩容可能在未来数季内转化为稳定的收入与高毛利组合，提升整体盈利质量。</p>\n<p><h4><b>资本开支、信用指标与利润表弹性</b></h4>\n公司2026财年经营现金流约320.00亿美元、自由现金流约-237.00亿美元，主要系为支持云基础设施而进行的大规模前期投入；这一节奏在本季度延续与否，将直接影响折旧摊销基数与财务费用。以债务存量约1,170.00亿美元计，利率环境与再融资成本变动会传导至净利端，进而影响净利率与每股收益弹性；评级被下调与信用风险溢价上行的市场反馈，提示管理层在投资强度与ROI之间需要更精细的平衡。  \n监管层面对云许可实践的审查亦需关注，若未来形成实质性约束，可能对许可条款与价格体系带来边际影响，短期或对合同签署节奏与收入确认造成扰动。综合来看，本季度利润表的关键在于：AI项目上架率、数据中心配套进度、融资成本与费用前置幅度的综合结果；若交付与利用率按计划推进，而费用端保持纪律性，EBIT与EPS的弹性将更可观，反之则可能压缩净利率的阶段性表现。</p>\n<p><h2><b>分析师观点</b></h2>\n根据年内多家机构的公开观点更新，偏多观点占据主导。多家大型卖方维持正面评级并在夏季上调或重申目标价：有机构将目标价定在290.00美元并维持“买入”判断，强调AI相关在手订单与数据中心扩容对未来数季收入确认的支撑；亦有机构维持“跑赢大盘”，将目标价调整至200.00美元，核心论据为IaaS与数据库相关的交叉驱动将继续抬升营收与利润中枢。机构统计口径显示，平均评级为“增持”，目标价均值约247.08美元，反映主流观点对收入高增长与利润韧性的信心。  \n多头观点的核心逻辑包括三点：一是订单能见度带来的确认节奏可预测性，IaaS上一财季同比增长93.00%与近期合同落地为后续季度提供扎实基础；二是多云互联全面可用后，围绕数据库与数据管理的增量需求有望释放，推动高毛利订阅与工具链的附加贡献；三是若AI集群利用率提升与单位成本下降趋势延续，利润端将受益于规模效应，带动EBIT与EPS的结构性上行。多家机构亦提示，需要跟踪资本开支与融资成本对自由现金流与净利率的短期影响，但总体判断仍倾向于在交付兑现的推动下，基本面自下而上改善的方向不变。</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>财报前瞻｜甲骨文本季度营收预计增27.30%，机构观点以看多为主</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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财报前瞻｜甲骨文本季度营收预计增27.30%，机构观点以看多为主\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1017018787\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">财报Agent </p>\n<p class=\"h-time\">2026-09-03 23:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><h2><b>摘要</b></h2>\n甲骨文将于2026年09月10日盘后发布最新季度财报，一致预期聚焦AI相关收入兑现与利润韧性。\n<h2><b>市场预测</b></h2>\n市场一致预期本季度公司营收约191.44亿美元，同比增长27.30%；调整后每股收益约1.74美元，同比增长17.66%；EBIT约77.85亿美元，同比增长25.57%；公司上季未披露针对本季度的毛利率与净利率定量指引，市场层面亦暂无统一口径的净利润或净利率预测数据。  \n公司主营“云计算和本地部署软件”上季收入167.37亿美元，占比87.24%，结构改善与订阅粘性支撑收入确定性；发展前景最大的现有业务为云基础设施（IaaS），上一财季收入58.00亿美元，同比增长93.00%，算力交付与在手订单转为确认收入是本季度核心看点。\n<h2><b>上季度回顾</b></h2>\n上季度公司营收191.84亿美元，同比增长20.63%；毛利率65.23%；归母净利润43.04亿美元，净利率22.44%；调整后每股收益2.03美元，同比增长19.41%。  \n业务结构方面，“云计算和本地部署软件”收入167.37亿美元，“服务”收入15.23亿美元，“硬件”收入9.24亿美元，收入结构持续向高附加值订阅与服务倾斜。  \n从增长驱动看，云基础设施（IaaS）在上一财季收入58.00亿美元，同比增长93.00%，成为带动整体增速的重要引擎。\n<h2><b>本季度展望</b></h2>\n<h4><b>AI算力与订单兑现节奏</b></h4>\n年内披露的信息显示，公司在手订单（RPO）规模高企，为未来数季的收入确认提供较强能见度，若AI训练集群按期交付，本季度营收有望延续高双位数增速；结合一致预期，营收指向191.44亿美元，同比增长27.30%，核心变量在于GPU产能与数据中心上架进度。IaaS上一财季收入58.00亿美元、同比增长93.00%，显示AI相关合同向规模化交付转换，本季度观察点在于超大单的分期确认节奏与单位算力定价变化对毛利的影响。美国国防领域新增的70.00亿美元合同与企业级大客户扩容，亦有望在本季度与后续季度逐步形成确认，推动高质量的经常性收入占比提升。  \n在利润端，若AI算力项目的稼动率与利用率抬升，将对单位固定成本形成摊薄，配合软件与数据库的高毛利属性，有望对EBIT与EPS形成正向杠杆；一致预期显示本季度EBIT约77.85亿美元，同比增长25.57%，调整后每股收益约1.74美元，同比增长17.66%。需要关注的是，若部分数据中心的辅助配套进度推迟至2027年02月01日之后，相关产能释放或阶段性递延，使得本季确认收入略低于理想轨道，这会对单季毛利率形成扰动但不改中期合同兑现趋势。</p>\n<p><h4><b>多云互联带来的迁移需求与数据库溢出效应</b></h4>\n公司年内宣布与主流公有云平台的互联进一步落地，跨云专线与托管连接的全面可用将显著降低大型企业多云架构的切换摩擦，推动“云计算和本地部署软件”组合的采用率与使用深度。对于已有数据库工作负载的客户，跨云互联使“就地”或“近数据”的模型引入更可行，带来数据库升级、数据管理与治理工具的附加需求，叠加中间件与安全套件的交叉销售，形成二次增长曲线。上一季该主业板块收入达到167.37亿美元，占比87.24%，反映存量安装基础与订阅续费的粘性；本季看点在于多云互联落地后，围绕数据库与分析型负载的扩容能否带动单位客户ARPU上行，并进一步支撑经常性收入与现金回款节奏。  \n在确认节奏上，多云项目往往以阶段性里程碑计费，短期对收入与毛利的贡献取决于项目交付与验收进展；若跨云互联带动更多同业迁移案例落地，项目管线的滚动扩容可能在未来数季内转化为稳定的收入与高毛利组合，提升整体盈利质量。</p>\n<p><h4><b>资本开支、信用指标与利润表弹性</b></h4>\n公司2026财年经营现金流约320.00亿美元、自由现金流约-237.00亿美元，主要系为支持云基础设施而进行的大规模前期投入；这一节奏在本季度延续与否，将直接影响折旧摊销基数与财务费用。以债务存量约1,170.00亿美元计，利率环境与再融资成本变动会传导至净利端，进而影响净利率与每股收益弹性；评级被下调与信用风险溢价上行的市场反馈，提示管理层在投资强度与ROI之间需要更精细的平衡。  \n监管层面对云许可实践的审查亦需关注，若未来形成实质性约束，可能对许可条款与价格体系带来边际影响，短期或对合同签署节奏与收入确认造成扰动。综合来看，本季度利润表的关键在于：AI项目上架率、数据中心配套进度、融资成本与费用前置幅度的综合结果；若交付与利用率按计划推进，而费用端保持纪律性，EBIT与EPS的弹性将更可观，反之则可能压缩净利率的阶段性表现。</p>\n<p><h2><b>分析师观点</b></h2>\n根据年内多家机构的公开观点更新，偏多观点占据主导。多家大型卖方维持正面评级并在夏季上调或重申目标价：有机构将目标价定在290.00美元并维持“买入”判断，强调AI相关在手订单与数据中心扩容对未来数季收入确认的支撑；亦有机构维持“跑赢大盘”，将目标价调整至200.00美元，核心论据为IaaS与数据库相关的交叉驱动将继续抬升营收与利润中枢。机构统计口径显示，平均评级为“增持”，目标价均值约247.08美元，反映主流观点对收入高增长与利润韧性的信心。  \n多头观点的核心逻辑包括三点：一是订单能见度带来的确认节奏可预测性，IaaS上一财季同比增长93.00%与近期合同落地为后续季度提供扎实基础；二是多云互联全面可用后，围绕数据库与数据管理的增量需求有望释放，推动高毛利订阅与工具链的附加贡献；三是若AI集群利用率提升与单位成本下降趋势延续，利润端将受益于规模效应，带动EBIT与EPS的结构性上行。多家机构亦提示，需要跟踪资本开支与融资成本对自由现金流与净利率的短期影响，但总体判断仍倾向于在交付兑现的推动下，基本面自下而上改善的方向不变。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178366222","content_text":"摘要\n甲骨文将于2026年09月10日盘后发布最新季度财报，一致预期聚焦AI相关收入兑现与利润韧性。\n市场预测\n市场一致预期本季度公司营收约191.44亿美元，同比增长27.30%；调整后每股收益约1.74美元，同比增长17.66%；EBIT约77.85亿美元，同比增长25.57%；公司上季未披露针对本季度的毛利率与净利率定量指引，市场层面亦暂无统一口径的净利润或净利率预测数据。  \n公司主营“云计算和本地部署软件”上季收入167.37亿美元，占比87.24%，结构改善与订阅粘性支撑收入确定性；发展前景最大的现有业务为云基础设施（IaaS），上一财季收入58.00亿美元，同比增长93.00%，算力交付与在手订单转为确认收入是本季度核心看点。\n上季度回顾\n上季度公司营收191.84亿美元，同比增长20.63%；毛利率65.23%；归母净利润43.04亿美元，净利率22.44%；调整后每股收益2.03美元，同比增长19.41%。  \n业务结构方面，“云计算和本地部署软件”收入167.37亿美元，“服务”收入15.23亿美元，“硬件”收入9.24亿美元，收入结构持续向高附加值订阅与服务倾斜。  \n从增长驱动看，云基础设施（IaaS）在上一财季收入58.00亿美元，同比增长93.00%，成为带动整体增速的重要引擎。\n本季度展望\nAI算力与订单兑现节奏\n年内披露的信息显示，公司在手订单（RPO）规模高企，为未来数季的收入确认提供较强能见度，若AI训练集群按期交付，本季度营收有望延续高双位数增速；结合一致预期，营收指向191.44亿美元，同比增长27.30%，核心变量在于GPU产能与数据中心上架进度。IaaS上一财季收入58.00亿美元、同比增长93.00%，显示AI相关合同向规模化交付转换，本季度观察点在于超大单的分期确认节奏与单位算力定价变化对毛利的影响。美国国防领域新增的70.00亿美元合同与企业级大客户扩容，亦有望在本季度与后续季度逐步形成确认，推动高质量的经常性收入占比提升。  \n在利润端，若AI算力项目的稼动率与利用率抬升，将对单位固定成本形成摊薄，配合软件与数据库的高毛利属性，有望对EBIT与EPS形成正向杠杆；一致预期显示本季度EBIT约77.85亿美元，同比增长25.57%，调整后每股收益约1.74美元，同比增长17.66%。需要关注的是，若部分数据中心的辅助配套进度推迟至2027年02月01日之后，相关产能释放或阶段性递延，使得本季确认收入略低于理想轨道，这会对单季毛利率形成扰动但不改中期合同兑现趋势。\n多云互联带来的迁移需求与数据库溢出效应\n公司年内宣布与主流公有云平台的互联进一步落地，跨云专线与托管连接的全面可用将显著降低大型企业多云架构的切换摩擦，推动“云计算和本地部署软件”组合的采用率与使用深度。对于已有数据库工作负载的客户，跨云互联使“就地”或“近数据”的模型引入更可行，带来数据库升级、数据管理与治理工具的附加需求，叠加中间件与安全套件的交叉销售，形成二次增长曲线。上一季该主业板块收入达到167.37亿美元，占比87.24%，反映存量安装基础与订阅续费的粘性；本季看点在于多云互联落地后，围绕数据库与分析型负载的扩容能否带动单位客户ARPU上行，并进一步支撑经常性收入与现金回款节奏。  \n在确认节奏上，多云项目往往以阶段性里程碑计费，短期对收入与毛利的贡献取决于项目交付与验收进展；若跨云互联带动更多同业迁移案例落地，项目管线的滚动扩容可能在未来数季内转化为稳定的收入与高毛利组合，提升整体盈利质量。\n资本开支、信用指标与利润表弹性\n公司2026财年经营现金流约320.00亿美元、自由现金流约-237.00亿美元，主要系为支持云基础设施而进行的大规模前期投入；这一节奏在本季度延续与否，将直接影响折旧摊销基数与财务费用。以债务存量约1,170.00亿美元计，利率环境与再融资成本变动会传导至净利端，进而影响净利率与每股收益弹性；评级被下调与信用风险溢价上行的市场反馈，提示管理层在投资强度与ROI之间需要更精细的平衡。  \n监管层面对云许可实践的审查亦需关注，若未来形成实质性约束，可能对许可条款与价格体系带来边际影响，短期或对合同签署节奏与收入确认造成扰动。综合来看，本季度利润表的关键在于：AI项目上架率、数据中心配套进度、融资成本与费用前置幅度的综合结果；若交付与利用率按计划推进，而费用端保持纪律性，EBIT与EPS的弹性将更可观，反之则可能压缩净利率的阶段性表现。\n分析师观点\n根据年内多家机构的公开观点更新，偏多观点占据主导。多家大型卖方维持正面评级并在夏季上调或重申目标价：有机构将目标价定在290.00美元并维持“买入”判断，强调AI相关在手订单与数据中心扩容对未来数季收入确认的支撑；亦有机构维持“跑赢大盘”，将目标价调整至200.00美元，核心论据为IaaS与数据库相关的交叉驱动将继续抬升营收与利润中枢。机构统计口径显示，平均评级为“增持”，目标价均值约247.08美元，反映主流观点对收入高增长与利润韧性的信心。  \n多头观点的核心逻辑包括三点：一是订单能见度带来的确认节奏可预测性，IaaS上一财季同比增长93.00%与近期合同落地为后续季度提供扎实基础；二是多云互联全面可用后，围绕数据库与数据管理的增量需求有望释放，推动高毛利订阅与工具链的附加贡献；三是若AI集群利用率提升与单位成本下降趋势延续，利润端将受益于规模效应，带动EBIT与EPS的结构性上行。多家机构亦提示，需要跟踪资本开支与融资成本对自由现金流与净利率的短期影响，但总体判断仍倾向于在交付兑现的推动下，基本面自下而上改善的方向不变。","news_type":1,"symbols_score_info":{"ORCL":1}},"isVote":1,"tweetType":1,"viewCount":1222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603650116830608,"gmtCreate":1788412574292,"gmtModify":1788412576168,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$&nbsp;</a> 今天晚上应该会高开低走","listText":"<a href=\"https://laohu8.com/S/SNOW\">$Snowflake(SNOW)$&nbsp;</a> 今天晚上应该会高开低走","text":"$Snowflake(SNOW)$ 今天晚上应该会高开低走","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603650116830608","isVote":1,"tweetType":1,"viewCount":1994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603387279238480,"gmtCreate":1788348393483,"gmtModify":1788348447491,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"已经浮亏了。还在瞎bb","listText":"已经浮亏了。还在瞎bb","text":"已经浮亏了。还在瞎bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603387279238480","repostId":"1136359142","repostType":4,"repost":{"id":"1136359142","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1788346925,"share":"https://www.laohunote.com/m/news/1136359142?lang=zh_CN&edition=full","pubTime":"2026-09-02 19:02","market":"us","language":"zh","title":"伯克希尔CEO阿贝尔：增持Alphabet股份后，认为其是人工智能领域的“重要参与者”","url":"https://stock-news.laohu8.com/highlight/detail?id=1136359142","media":"老虎资讯综合","summary":"伯克希尔·哈撒韦公司（Berkshire Hathaway）首席执行官格雷格·阿贝尔（Greg Abel）周三接受CNBC记者贝基·奎克（Becky Quick）采访时，谈到了这家企业集团对谷歌母公司Alphabet的大笔投资，并称这家科技巨头是人工智能领域的“重要参与者”。","content":"<html><head></head><body><p style=\"text-align: left;\">伯克希尔·哈撒韦公司（Berkshire Hathaway）首席执行官格雷格·阿贝尔（Greg Abel）周三接受CNBC记者贝基·奎克（Becky Quick）采访时，谈到了这家企业集团对谷歌母公司<strong>Alphabet</strong>的大笔投资，并称这家科技巨头是人工智能领域的“重要参与者”。</p><p style=\"text-align: left;\">阿贝尔表示，伯克希尔能够清楚地看到人工智能正在如何影响其投资组合中的各家公司，而谷歌在这一新兴技术领域所处的位置非常强劲。</p><p style=\"text-align: left;\">他告诉奎克：</p><blockquote><p style=\"text-align: left;\">“我们能够从旗下各家公司内部获得大量信息，了解我们如何使用AI，以及AI正在带来什么样的收益。这进一步引起了我们的兴趣。随后，我们看到谷歌是AI领域一个重要的参与者。”</p></blockquote><p style=\"text-align: left;\">阿贝尔表示，<strong>15个月前，伯克希尔以6.5%的折价买入了价值100亿美元的谷歌股份</strong>。</p><p style=\"text-align: left;\">阿贝尔说：</p><blockquote><p style=\"text-align: left;\">“当时他们还没有确定具体的投资规模，但建议我们考虑100亿美元。沃伦（巴菲特）和我讨论了投资规模。我们也讨论了折价幅度，我建议给予6.5%的折价，我们对此感到满意。”</p></blockquote><p style=\"text-align: left;\">“随后，我们最终完成了这笔交易。”</p></body></html>","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>伯克希尔CEO阿贝尔：增持Alphabet股份后，认为其是人工智能领域的“重要参与者”</title>\n<style 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margin: 0;line-height: 11px;}\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伯克希尔CEO阿贝尔：增持Alphabet股份后，认为其是人工智能领域的“重要参与者”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-09-02 19:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">伯克希尔·哈撒韦公司（Berkshire Hathaway）首席执行官格雷格·阿贝尔（Greg Abel）周三接受CNBC记者贝基·奎克（Becky Quick）采访时，谈到了这家企业集团对谷歌母公司<strong>Alphabet</strong>的大笔投资，并称这家科技巨头是人工智能领域的“重要参与者”。</p><p style=\"text-align: left;\">阿贝尔表示，伯克希尔能够清楚地看到人工智能正在如何影响其投资组合中的各家公司，而谷歌在这一新兴技术领域所处的位置非常强劲。</p><p style=\"text-align: left;\">他告诉奎克：</p><blockquote><p style=\"text-align: left;\">“我们能够从旗下各家公司内部获得大量信息，了解我们如何使用AI，以及AI正在带来什么样的收益。这进一步引起了我们的兴趣。随后，我们看到谷歌是AI领域一个重要的参与者。”</p></blockquote><p style=\"text-align: left;\">阿贝尔表示，<strong>15个月前，伯克希尔以6.5%的折价买入了价值100亿美元的谷歌股份</strong>。</p><p style=\"text-align: left;\">阿贝尔说：</p><blockquote><p style=\"text-align: left;\">“当时他们还没有确定具体的投资规模，但建议我们考虑100亿美元。沃伦（巴菲特）和我讨论了投资规模。我们也讨论了折价幅度，我建议给予6.5%的折价，我们对此感到满意。”</p></blockquote><p style=\"text-align: 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Quick）采访时，谈到了这家企业集团对谷歌母公司Alphabet的大笔投资，并称这家科技巨头是人工智能领域的“重要参与者”。阿贝尔表示，伯克希尔能够清楚地看到人工智能正在如何影响其投资组合中的各家公司，而谷歌在这一新兴技术领域所处的位置非常强劲。他告诉奎克：“我们能够从旗下各家公司内部获得大量信息，了解我们如何使用AI，以及AI正在带来什么样的收益。这进一步引起了我们的兴趣。随后，我们看到谷歌是AI领域一个重要的参与者。”阿贝尔表示，15个月前，伯克希尔以6.5%的折价买入了价值100亿美元的谷歌股份。阿贝尔说：“当时他们还没有确定具体的投资规模，但建议我们考虑100亿美元。沃伦（巴菲特）和我讨论了投资规模。我们也讨论了折价幅度，我建议给予6.5%的折价，我们对此感到满意。”“随后，我们最终完成了这笔交易。”","news_type":1,"symbols_score_info":{"BRK.A":2,"GOOX":0.6,"BRKC":0.6,"GOOL":0.6,"GOOGL":2,"GOOP":0.6,"GOGL":0.6,"GOOW":0.6,"GOU":0.6,"BRKW":0.6,"BRK.B":2,"GOOY":0.6,"GOOG":2,"BRKU":0.6,"GGLS":0.6,"BRKL":0.6,"GGLL":0.6,"BRKD":0.6}},"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3472532348212000","authorId":"3472532348212000","name":"chenx32401","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3472532348212000","idStr":"3472532348212000"},"content":"去年就建底仓了，浮亏啥呀","text":"去年就建底仓了，浮亏啥呀","html":"去年就建底仓了，浮亏啥呀"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602949239383400,"gmtCreate":1788241459328,"gmtModify":1788241461195,"author":{"id":"3540680319507322","authorId":"3540680319507322","name":"BenBina","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3540680319507322","idStr":"3540680319507322"},"themes":[],"title":"","htmlText":"<a 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