SolidSnake的个人主页 - 老虎社区

SolidSnake

SolidSnake

George

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2021-12-08

Good//@SolidSnake:Good review

BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</blockquote>

2021-09-27

Good strategy to focus on decarbonisation

Singapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</blockquote>

2021-09-27

Good review

BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</blockquote>

2021-09-27

Good//@SolidSnake:Good//@SolidSnake:Agreed

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2021-09-24

Good//@SolidSnake:Agreed

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2021-07-25

Good

US IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</blockquote>

2021-07-19

Agreed

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2021-07-18

Agree

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2021-07-15

Good

Cramer: Chip Sector's Contradictions – AMD, Nvidia, Intel<blockquote>克莱默：芯片行业的矛盾——AMD、英伟达、英特尔</blockquote>

2021-07-15

Good

Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>

2021-07-15

Good

2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>

2021-07-11

Agree

2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>

2021-06-30

Wonderful

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2021-06-28

Good for cloud business

Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到2万亿美元。还没做完呢。</blockquote>

2021-06-27

Go for Nio. Vested

Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>

2021-06-27

Ok

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2021-06-26

Apple better

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2021-06-22

Great company

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2021-06-18

PLTR is uptrend

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2021-06-16

Great

@mikelin:$MAPLETREE LOGISTICS TRUST(M44U.SI)$moving up!

去老虎APP查看更多动态

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mes":[],"htmlText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Good review","listText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Good review","text":"Good//@SolidSnake:Good review","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/602365289","repostId":"1163556498","repostType":4,"repost":{"id":"1163556498","kind":"news","pubTimestamp":1632736902,"share":"https://www.laohu8.com/m/news/1163556498?lang=zh_CN&edition=full","pubTime":"2021-09-27 18:01","market":"us","language":"en","title":"BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163556498","media":"Seeking Alpha","summary":"Summary\n\nBlackBerry continues to face significant revenue challenges.\nA steep year-over-year revenue","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>BlackBerry continues to face significant revenue challenges.</li>  <li>A steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.</li>  <li>BlackBerry remains overvalued.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2900b6aa2b86f6c931a20cf5419d1493\" tg-width=\"1536\" tg-height=\"983\" width=\"100%\" height=\"auto\"><span>da-kuk/E+ via Getty Images</span></p><p><blockquote><ul><li>黑莓继续面临重大的收入挑战。</li><li>黑莓22年第二季度的收益卡中，收入同比大幅下降和毛利率下降尤为突出。</li><li>黑莓仍然被高估。</li></ul><p class=\"t-img-caption\"><span>da-kuk/E+来自盖蒂图片社</span></p></blockquote></p><p> BlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!</p><p><blockquote>黑莓（纽约证券交易所股票代码：BB）的困境仍在继续。该公司的收益卡显示，今年前六个月的收入同比大幅下降，运营现金流/自由现金流为负。由于营收趋势仍未扭转，该股不宜买入！</blockquote></p><p> <b>Meme buzz for a struggling business that hasn't found itself yet</b></p><p><blockquote><b>一家尚未找到自我的陷入困境的企业的模因热议</b></blockquote></p><p> BlackBerry is once again a&nbsp;hotly discussed subject&nbsp;on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.</p><p><blockquote>黑莓再次成为阅读广泛的投资论坛“WallStreetBets”上热议的话题，该论坛于2021年一举成名，当时大多数年轻投资者在Reddit上联合起来，成功迫使对冲基金平仓视频游戏零售商游戏驿站（纽约证券交易所代码：GME）。由于尚未解决的业务挑战和较高的空头利率，黑莓今年早些时候开始作为潜在的轧空目标吸引更多关注。2021年，由于Reddit组织的大量散户买盘和试图引发轧空，黑莓股价两次飙升，但该股从高点回落。自6月份以来，黑莓股价下跌了50%。黑莓约7%的股票被做空。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0fb3bca6ffae4613c23de2f92b9f565\" tg-width=\"635\" tg-height=\"433\" 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> Despite meme buzz developing around the BlackBerry name this year, the firm's&nbsp;second-quarter&nbsp;showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than&nbsp;195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.</p><p><blockquote>尽管今年围绕黑莓这个名字引起了热议，但该公司第二季度的业绩表明，业务挑战尚未成功解决，收入扭亏为盈仍未指日可待。黑莓22年第二季度的收入仅为1.75亿美元，营收同比下降32%。然而，由于网络安全收入增加，22年第二季度的收入环比增加了100万美元。由于账单增加，该公司的网络安全部门在第二季度增加了1300万美元的收入，但该部门在22年第二季度的收入水平仍与去年同期大致相同，约为1.2亿美元。物联网/IoT部门创造了4000万美元的收入，环比下降了300万美元。黑莓的物联网部门包括其QNX操作系统产生的收入，该操作系统嵌入在超过1.95亿辆汽车中。黑莓与QNX相关的收入主要来自基于生产的特许权使用费，因此该细分市场的收入前景与汽车行业的扭亏为盈前景密不可分。</blockquote></p><p> BlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.</p><p><blockquote>黑莓第二季度的毛利率也继续下降，毛利率从21年第二季度的76.8%下降至22年第二季度的64.0%。以美元计算的毛利率同比下降43.7%，仅为1.12亿美元。第二季度的美元损失总额增加了6倍，达到1.44亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ab3b3f9b4831b274e249874f90d6048\" tg-width=\"962\" tg-height=\"617\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Although BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...</p><p><blockquote>尽管黑莓的销售额环比增长了100万美元，但长期趋势显示其收入基础持续受到侵蚀。该公司在第二季度尚未好转，黑莓的苦难也尚未结束……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2189338d5de276eccdabcba751abc9c\" 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> BlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).</p><p><blockquote>然而，黑莓第二季度的经营活动产生了1200万美元的正现金流。投资后，仍有1000万美元的自由现金流……按利润率计算仅为5.7%。由于22年第一季度经营活动产生的现金流为负，2022财年前六个月的自由现金流为2500万美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b098aba440234948d23ebcda42dce31c\" tg-width=\"790\" tg-height=\"719\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p></p><p> BlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.</p><p><blockquote>黑莓预计，与上半年相比，其网络安全和物联网这两项主要业务下半年的收入将更加强劲。黑莓为其第二季度电话会议的收入指引（文字记录）进行了辩护，并表示网络安全业务在2022财年的收入应在4.95亿美元至5.15亿美元之间，收入可能会落入该范围的低端。物联网业务预计本财年将产生1.8亿至2亿美元的收入，尽管销售增长前景与汽车行业半导体的更好流动有关。根据电话会议提供的补充信息，黑莓认为2022财年下半年汽车行业复苏存在相关风险……这将影响QNX相关收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add7445e97b78d23bead4bc80eed56ea\" tg-width=\"692\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Despite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...</p><p><blockquote>尽管收入形势、亏损和负自由现金流充满挑战，黑莓的市盈率仍为6.7……这是通常为快速扩张和收入增长的公司保留的乘数。黑莓现在只提供这样一家公司的估值，而不提供基本面。市盈率假设2023财年销售额为8.82亿美元。收入预期也在下降...</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/773ca1b25e7c697a10b122383650945e\" 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> <b>Risks with BlackBerry</b></p><p><blockquote><b>黑莓的风险</b></blockquote></p><p> BlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.</p><p><blockquote>黑莓的收入仍然长期下降，到目前为止，还没有任何证据可以让市场相信情况正在好转。尽管该公司正试图通过网络安全和物联网进入新的业务方向，但收入挑战依然存在，黑莓的自由现金流并不多，毛利率下降并不完全是商业业绩增强的证据。如果黑莓找不到解决其持续收入下降和负自由现金流的方法，市场可能会对黑莓失去耐心，并用较低的销售乘数来惩罚它。</blockquote></p><p> If BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.</p><p><blockquote>如果黑莓在2022财年最后两个季度获得收入势头，实现更高的毛利率并产生正的自由现金流，那么我愿意改变对该股的前景。然而，鉴于黑莓黯淡的收入和利润率历史，这种情况发生的可能性很小。</blockquote></p><p> <b>Final thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> BlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!</p><p><blockquote>黑莓的业务继续陷入流沙，在可预见的未来，任何投资于该公司的资金都可能是“死钱”。黑莓取得实质性进展的速度不够快，收入同比大幅下降令人刺痛。黑莓需要收入和现金流出现更强劲的反弹才能增长到目前的市值。根据黑莓的商业表现，该股仍然被严重高估！</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>BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</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\">\nBlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</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\">2021-09-27 18:01</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>BlackBerry continues to face significant revenue challenges.</li>  <li>A steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.</li>  <li>BlackBerry remains overvalued.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2900b6aa2b86f6c931a20cf5419d1493\" tg-width=\"1536\" tg-height=\"983\" width=\"100%\" height=\"auto\"><span>da-kuk/E+ via Getty Images</span></p><p><blockquote><ul><li>黑莓继续面临重大的收入挑战。</li><li>黑莓22年第二季度的收益卡中，收入同比大幅下降和毛利率下降尤为突出。</li><li>黑莓仍然被高估。</li></ul><p class=\"t-img-caption\"><span>da-kuk/E+来自盖蒂图片社</span></p></blockquote></p><p> BlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!</p><p><blockquote>黑莓（纽约证券交易所股票代码：BB）的困境仍在继续。该公司的收益卡显示，今年前六个月的收入同比大幅下降，运营现金流/自由现金流为负。由于营收趋势仍未扭转，该股不宜买入！</blockquote></p><p> <b>Meme buzz for a struggling business that hasn't found itself yet</b></p><p><blockquote><b>一家尚未找到自我的陷入困境的企业的模因热议</b></blockquote></p><p> BlackBerry is once again a&nbsp;hotly discussed subject&nbsp;on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.</p><p><blockquote>黑莓再次成为阅读广泛的投资论坛“WallStreetBets”上热议的话题，该论坛于2021年一举成名，当时大多数年轻投资者在Reddit上联合起来，成功迫使对冲基金平仓视频游戏零售商游戏驿站（纽约证券交易所代码：GME）。由于尚未解决的业务挑战和较高的空头利率，黑莓今年早些时候开始作为潜在的轧空目标吸引更多关注。2021年，由于Reddit组织的大量散户买盘和试图引发轧空，黑莓股价两次飙升，但该股从高点回落。自6月份以来，黑莓股价下跌了50%。黑莓约7%的股票被做空。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0fb3bca6ffae4613c23de2f92b9f565\" tg-width=\"635\" tg-height=\"433\" 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> Despite meme buzz developing around the BlackBerry name this year, the firm's&nbsp;second-quarter&nbsp;showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than&nbsp;195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.</p><p><blockquote>尽管今年围绕黑莓这个名字引起了热议，但该公司第二季度的业绩表明，业务挑战尚未成功解决，收入扭亏为盈仍未指日可待。黑莓22年第二季度的收入仅为1.75亿美元，营收同比下降32%。然而，由于网络安全收入增加，22年第二季度的收入环比增加了100万美元。由于账单增加，该公司的网络安全部门在第二季度增加了1300万美元的收入，但该部门在22年第二季度的收入水平仍与去年同期大致相同，约为1.2亿美元。物联网/IoT部门创造了4000万美元的收入，环比下降了300万美元。黑莓的物联网部门包括其QNX操作系统产生的收入，该操作系统嵌入在超过1.95亿辆汽车中。黑莓与QNX相关的收入主要来自基于生产的特许权使用费，因此该细分市场的收入前景与汽车行业的扭亏为盈前景密不可分。</blockquote></p><p> BlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.</p><p><blockquote>黑莓第二季度的毛利率也继续下降，毛利率从21年第二季度的76.8%下降至22年第二季度的64.0%。以美元计算的毛利率同比下降43.7%，仅为1.12亿美元。第二季度的美元损失总额增加了6倍，达到1.44亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ab3b3f9b4831b274e249874f90d6048\" tg-width=\"962\" tg-height=\"617\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Although BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...</p><p><blockquote>尽管黑莓的销售额环比增长了100万美元，但长期趋势显示其收入基础持续受到侵蚀。该公司在第二季度尚未好转，黑莓的苦难也尚未结束……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2189338d5de276eccdabcba751abc9c\" 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> BlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).</p><p><blockquote>然而，黑莓第二季度的经营活动产生了1200万美元的正现金流。投资后，仍有1000万美元的自由现金流……按利润率计算仅为5.7%。由于22年第一季度经营活动产生的现金流为负，2022财年前六个月的自由现金流为2500万美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b098aba440234948d23ebcda42dce31c\" tg-width=\"790\" tg-height=\"719\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p></p><p> BlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.</p><p><blockquote>黑莓预计，与上半年相比，其网络安全和物联网这两项主要业务下半年的收入将更加强劲。黑莓为其第二季度电话会议的收入指引（文字记录）进行了辩护，并表示网络安全业务在2022财年的收入应在4.95亿美元至5.15亿美元之间，收入可能会落入该范围的低端。物联网业务预计本财年将产生1.8亿至2亿美元的收入，尽管销售增长前景与汽车行业半导体的更好流动有关。根据电话会议提供的补充信息，黑莓认为2022财年下半年汽车行业复苏存在相关风险……这将影响QNX相关收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add7445e97b78d23bead4bc80eed56ea\" tg-width=\"692\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Despite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...</p><p><blockquote>尽管收入形势、亏损和负自由现金流充满挑战，黑莓的市盈率仍为6.7……这是通常为快速扩张和收入增长的公司保留的乘数。黑莓现在只提供这样一家公司的估值，而不提供基本面。市盈率假设2023财年销售额为8.82亿美元。收入预期也在下降...</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/773ca1b25e7c697a10b122383650945e\" 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> <b>Risks with BlackBerry</b></p><p><blockquote><b>黑莓的风险</b></blockquote></p><p> BlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.</p><p><blockquote>黑莓的收入仍然长期下降，到目前为止，还没有任何证据可以让市场相信情况正在好转。尽管该公司正试图通过网络安全和物联网进入新的业务方向，但收入挑战依然存在，黑莓的自由现金流并不多，毛利率下降并不完全是商业业绩增强的证据。如果黑莓找不到解决其持续收入下降和负自由现金流的方法，市场可能会对黑莓失去耐心，并用较低的销售乘数来惩罚它。</blockquote></p><p> If BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.</p><p><blockquote>如果黑莓在2022财年最后两个季度获得收入势头，实现更高的毛利率并产生正的自由现金流，那么我愿意改变对该股的前景。然而，鉴于黑莓黯淡的收入和利润率历史，这种情况发生的可能性很小。</blockquote></p><p> <b>Final thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> BlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!</p><p><blockquote>黑莓的业务继续陷入流沙，在可预见的未来，任何投资于该公司的资金都可能是“死钱”。黑莓取得实质性进展的速度不够快，收入同比大幅下降令人刺痛。黑莓需要收入和现金流出现更强劲的反弹才能增长到目前的市值。根据黑莓的商业表现，该股仍然被严重高估！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457135-blackberry-bb-stock-earnings-dead-money\">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":{"BB":"黑莓"},"source_url":"https://seekingalpha.com/article/4457135-blackberry-bb-stock-earnings-dead-money","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163556498","content_text":"Summary\n\nBlackBerry continues to face significant revenue challenges.\nA steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.\nBlackBerry remains overvalued.\n\nda-kuk/E+ via Getty Images\nBlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!\nMeme buzz for a struggling business that hasn't found itself yet\nBlackBerry is once again a hotly discussed subject on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.\nData by YCharts\nDespite meme buzz developing around the BlackBerry name this year, the firm's second-quarter showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than 195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.\nBlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.\nSource: BlackBerry\nAlthough BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...\nData by YCharts\nBlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).\nSource: BlackBerry\nBlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.\nSource: BlackBerry\nDespite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...\nData by YCharts\nRisks with BlackBerry\nBlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.\nIf BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.\nFinal thoughts\nBlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866357551,"gmtCreate":1632739407773,"gmtModify":1632798198952,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good strategy to focus on decarbonisation","listText":"Good strategy to focus on decarbonisation","text":"Good strategy to focus on decarbonisation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":23,"repostSize":0,"link":"https://laohu8.com/post/866357551","repostId":"2170460336","repostType":4,"repost":{"id":"2170460336","kind":"news","pubTimestamp":1632736401,"share":"https://www.laohu8.com/m/news/2170460336?lang=zh_CN&edition=full","pubTime":"2021-09-27 17:53","market":"sg","language":"en","title":"Singapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2170460336","media":"The Straits Times","summary":"SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading market","content":"<p><div> SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for ...</p><p><blockquote><div>新加坡——新加坡正在加大力度发展国际碳交易市场和服务生态系统，以支持脱碳...</div></blockquote></p><p>  <a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页链接</a>  </div> </p><p><blockquote><a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页连接</a></blockquote></p><p></p>","source":"straits_highlight","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>Singapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</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\">\nSingapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Straits Times</strong><span class=\"h-time small\">2021-09-27 17:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for ...</p><p><blockquote><div>新加坡——新加坡正在加大力度发展国际碳交易市场和服务生态系统，以支持脱碳...</div></blockquote></p><p>  <a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页链接</a>  </div> </p><p><blockquote><a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">The Straits 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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170460336","content_text":"SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for Manpower and Second Minister for Trade and Industry, said on Monday (Sept 27).\nSpeaking at the 37th edition of the Asia Pacific Petroleum Conference (APPEC) 2021, Dr Tan said Singapore was looking to increase the trade of voluntary carbon credits, for instance by working with players such as Climate Impact X (CIX) - a Singapore-based global carbon exchange and marketplace.\nA collaborative effort between Singapore Exchangeand DBS Bank, Standard Chartered and Temasek, CIX will connect an ecosystem of partners, leveraging satellite monitoring, machine learning and blockchain to enhance the transparency, integrity and quality of carbon credits.\nThe carbon exchange will be a digital platform for buyers and suppliers to trade large volumes of credits. It will cater primarily to large-scale buyers, including multinational corporations and institutional investors, and will provide the market with price transparency.\nCIX will also develop a digital project marketplace for the purchase of quality carbon credits directly from specific projects.\n\"As a leading commodity trading and financial hub, Singapore is well placed to further our efforts in decarbonisation and sustainability,\" Dr Tan said.\nHe noted that many global players in carbon services such as South Pole of Switzerland and TUV SUD of Germany have established offices in Singapore, serving as embryos for the development of a larger ecosystem.\n\"We are building up capabilities along the value chain by actively anchoring key activities such as project development, financing, and certification here in Singapore,\" the minister said.\nSingapore is also working to improve trust and transparency in international carbon markets.\nWorking closely with international partners such as the World Bank and International Emissions Trading Associations, Singapore aims to advance the Climate Warehouse initiative, a global market infrastructure that seeks to enhance the transparency and environmental integrity of carbon credit transactions.\n\"We are exploring the possibility of anchoring the Climate Warehouse, here in Singapore, and welcoming other interested players to join our ecosystem,\" Dr Tan said.\nHe also said Singapore was committed to helping companies muster the other ingredients required to stay competitive, namely digitalisation, innovation and a strong talent pipeline for their trading activities.\nTo improve the integrity of trade services, the Government has partnered with the industry to develop SGTraDex, a digital platform that facilitates secure data sharing among supply chain ecosystem partners. SGTraDex is expected to be fully rolled out in early 2022.\nTaking the lead from SGTraDex pilot projects, some oil companies have developed their own certification platforms, allowing traders to validate the authenticity of holding certificates and streamline business processes.\n\"This illustrates how the Government can work with businesses in a win-win partnership: we develop the sector's digital infrastructure just as we build physical infrastructure such as roads and MRT stations, with companies riding on this infrastructure to execute their projects and maximise its utility,\" said Dr. Tan.\nOn promoting innovation, he gave the example of the EcoLabs Centre of Innovation for Energy, a joint initiative by Nanyang Technological University (NTU), Enterprise Singapore and the Sustainable Energy Association of Singapore (SEAS).\nEcoLabs supports deep-tech innovation capabilities for sustainability initiatives. Earlier this year, it organised an event which saw start-ups in the energy storage, alternative fuels and hydrogen fields showcase and pitch innovations to potential investors.\nDr Tan said Singapore has a ready pool of talent from various international trading programmes offered by its education institutes.\nHe said educational courses, such as NTU's MBA programme with specialisation in international tradingwhich is a first in Asia, provide companies witha valuable talent pipeline and give them more confidence to establish or expand their operations in Singapore.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866357317,"gmtCreate":1632739350639,"gmtModify":1632798199331,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good review","listText":"Good review","text":"Good review","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/866357317","repostId":"1163556498","repostType":4,"repost":{"id":"1163556498","kind":"news","pubTimestamp":1632736902,"share":"https://www.laohu8.com/m/news/1163556498?lang=zh_CN&edition=full","pubTime":"2021-09-27 18:01","market":"us","language":"en","title":"BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163556498","media":"Seeking Alpha","summary":"Summary\n\nBlackBerry continues to face significant revenue challenges.\nA steep year-over-year revenue","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>BlackBerry continues to face significant revenue challenges.</li>  <li>A steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.</li>  <li>BlackBerry remains overvalued.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2900b6aa2b86f6c931a20cf5419d1493\" tg-width=\"1536\" tg-height=\"983\" width=\"100%\" height=\"auto\"><span>da-kuk/E+ via Getty Images</span></p><p><blockquote><ul><li>黑莓继续面临重大的收入挑战。</li><li>黑莓22年第二季度的收益卡中，收入同比大幅下降和毛利率下降尤为突出。</li><li>黑莓仍然被高估。</li></ul><p class=\"t-img-caption\"><span>da-kuk/E+来自盖蒂图片社</span></p></blockquote></p><p> BlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!</p><p><blockquote>黑莓（纽约证券交易所股票代码：BB）的困境仍在继续。该公司的收益卡显示，今年前六个月的收入同比大幅下降，运营现金流/自由现金流为负。由于营收趋势仍未扭转，该股不宜买入！</blockquote></p><p> <b>Meme buzz for a struggling business that hasn't found itself yet</b></p><p><blockquote><b>一家尚未找到自我的陷入困境的企业的模因热议</b></blockquote></p><p> BlackBerry is once again a&nbsp;hotly discussed subject&nbsp;on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.</p><p><blockquote>黑莓再次成为阅读广泛的投资论坛“WallStreetBets”上热议的话题，该论坛于2021年一举成名，当时大多数年轻投资者在Reddit上联合起来，成功迫使对冲基金平仓视频游戏零售商游戏驿站（纽约证券交易所代码：GME）。由于尚未解决的业务挑战和较高的空头利率，黑莓今年早些时候开始作为潜在的轧空目标吸引更多关注。2021年，由于Reddit组织的大量散户买盘和试图引发轧空，黑莓股价两次飙升，但该股从高点回落。自6月份以来，黑莓股价下跌了50%。黑莓约7%的股票被做空。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0fb3bca6ffae4613c23de2f92b9f565\" tg-width=\"635\" tg-height=\"433\" 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> Despite meme buzz developing around the BlackBerry name this year, the firm's&nbsp;second-quarter&nbsp;showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than&nbsp;195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.</p><p><blockquote>尽管今年围绕黑莓这个名字引起了热议，但该公司第二季度的业绩表明，业务挑战尚未成功解决，收入扭亏为盈仍未指日可待。黑莓22年第二季度的收入仅为1.75亿美元，营收同比下降32%。然而，由于网络安全收入增加，22年第二季度的收入环比增加了100万美元。由于账单增加，该公司的网络安全部门在第二季度增加了1300万美元的收入，但该部门在22年第二季度的收入水平仍与去年同期大致相同，约为1.2亿美元。物联网/IoT部门创造了4000万美元的收入，环比下降了300万美元。黑莓的物联网部门包括其QNX操作系统产生的收入，该操作系统嵌入在超过1.95亿辆汽车中。黑莓与QNX相关的收入主要来自基于生产的特许权使用费，因此该细分市场的收入前景与汽车行业的扭亏为盈前景密不可分。</blockquote></p><p> BlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.</p><p><blockquote>黑莓第二季度的毛利率也继续下降，毛利率从21年第二季度的76.8%下降至22年第二季度的64.0%。以美元计算的毛利率同比下降43.7%，仅为1.12亿美元。第二季度的美元损失总额增加了6倍，达到1.44亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ab3b3f9b4831b274e249874f90d6048\" tg-width=\"962\" tg-height=\"617\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Although BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...</p><p><blockquote>尽管黑莓的销售额环比增长了100万美元，但长期趋势显示其收入基础持续受到侵蚀。该公司在第二季度尚未好转，黑莓的苦难也尚未结束……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2189338d5de276eccdabcba751abc9c\" 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> BlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).</p><p><blockquote>然而，黑莓第二季度的经营活动产生了1200万美元的正现金流。投资后，仍有1000万美元的自由现金流……按利润率计算仅为5.7%。由于22年第一季度经营活动产生的现金流为负，2022财年前六个月的自由现金流为2500万美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b098aba440234948d23ebcda42dce31c\" tg-width=\"790\" tg-height=\"719\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p></p><p> BlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.</p><p><blockquote>黑莓预计，与上半年相比，其网络安全和物联网这两项主要业务下半年的收入将更加强劲。黑莓为其第二季度电话会议的收入指引（文字记录）进行了辩护，并表示网络安全业务在2022财年的收入应在4.95亿美元至5.15亿美元之间，收入可能会落入该范围的低端。物联网业务预计本财年将产生1.8亿至2亿美元的收入，尽管销售增长前景与汽车行业半导体的更好流动有关。根据电话会议提供的补充信息，黑莓认为2022财年下半年汽车行业复苏存在相关风险……这将影响QNX相关收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add7445e97b78d23bead4bc80eed56ea\" tg-width=\"692\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Despite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...</p><p><blockquote>尽管收入形势、亏损和负自由现金流充满挑战，黑莓的市盈率仍为6.7……这是通常为快速扩张和收入增长的公司保留的乘数。黑莓现在只提供这样一家公司的估值，而不提供基本面。市盈率假设2023财年销售额为8.82亿美元。收入预期也在下降...</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/773ca1b25e7c697a10b122383650945e\" 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> <b>Risks with BlackBerry</b></p><p><blockquote><b>黑莓的风险</b></blockquote></p><p> BlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.</p><p><blockquote>黑莓的收入仍然长期下降，到目前为止，还没有任何证据可以让市场相信情况正在好转。尽管该公司正试图通过网络安全和物联网进入新的业务方向，但收入挑战依然存在，黑莓的自由现金流并不多，毛利率下降并不完全是商业业绩增强的证据。如果黑莓找不到解决其持续收入下降和负自由现金流的方法，市场可能会对黑莓失去耐心，并用较低的销售乘数来惩罚它。</blockquote></p><p> If BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.</p><p><blockquote>如果黑莓在2022财年最后两个季度获得收入势头，实现更高的毛利率并产生正的自由现金流，那么我愿意改变对该股的前景。然而，鉴于黑莓黯淡的收入和利润率历史，这种情况发生的可能性很小。</blockquote></p><p> <b>Final thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> BlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!</p><p><blockquote>黑莓的业务继续陷入流沙，在可预见的未来，任何投资于该公司的资金都可能是“死钱”。黑莓取得实质性进展的速度不够快，收入同比大幅下降令人刺痛。黑莓需要收入和现金流出现更强劲的反弹才能增长到目前的市值。根据黑莓的商业表现，该股仍然被严重高估！</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>BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</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\">\nBlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</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\">2021-09-27 18:01</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>BlackBerry continues to face significant revenue challenges.</li>  <li>A steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.</li>  <li>BlackBerry remains overvalued.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2900b6aa2b86f6c931a20cf5419d1493\" tg-width=\"1536\" tg-height=\"983\" width=\"100%\" height=\"auto\"><span>da-kuk/E+ via Getty Images</span></p><p><blockquote><ul><li>黑莓继续面临重大的收入挑战。</li><li>黑莓22年第二季度的收益卡中，收入同比大幅下降和毛利率下降尤为突出。</li><li>黑莓仍然被高估。</li></ul><p class=\"t-img-caption\"><span>da-kuk/E+来自盖蒂图片社</span></p></blockquote></p><p> BlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!</p><p><blockquote>黑莓（纽约证券交易所股票代码：BB）的困境仍在继续。该公司的收益卡显示，今年前六个月的收入同比大幅下降，运营现金流/自由现金流为负。由于营收趋势仍未扭转，该股不宜买入！</blockquote></p><p> <b>Meme buzz for a struggling business that hasn't found itself yet</b></p><p><blockquote><b>一家尚未找到自我的陷入困境的企业的模因热议</b></blockquote></p><p> BlackBerry is once again a&nbsp;hotly discussed subject&nbsp;on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.</p><p><blockquote>黑莓再次成为阅读广泛的投资论坛“WallStreetBets”上热议的话题，该论坛于2021年一举成名，当时大多数年轻投资者在Reddit上联合起来，成功迫使对冲基金平仓视频游戏零售商游戏驿站（纽约证券交易所代码：GME）。由于尚未解决的业务挑战和较高的空头利率，黑莓今年早些时候开始作为潜在的轧空目标吸引更多关注。2021年，由于Reddit组织的大量散户买盘和试图引发轧空，黑莓股价两次飙升，但该股从高点回落。自6月份以来，黑莓股价下跌了50%。黑莓约7%的股票被做空。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0fb3bca6ffae4613c23de2f92b9f565\" tg-width=\"635\" tg-height=\"433\" 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> Despite meme buzz developing around the BlackBerry name this year, the firm's&nbsp;second-quarter&nbsp;showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than&nbsp;195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.</p><p><blockquote>尽管今年围绕黑莓这个名字引起了热议，但该公司第二季度的业绩表明，业务挑战尚未成功解决，收入扭亏为盈仍未指日可待。黑莓22年第二季度的收入仅为1.75亿美元，营收同比下降32%。然而，由于网络安全收入增加，22年第二季度的收入环比增加了100万美元。由于账单增加，该公司的网络安全部门在第二季度增加了1300万美元的收入，但该部门在22年第二季度的收入水平仍与去年同期大致相同，约为1.2亿美元。物联网/IoT部门创造了4000万美元的收入，环比下降了300万美元。黑莓的物联网部门包括其QNX操作系统产生的收入，该操作系统嵌入在超过1.95亿辆汽车中。黑莓与QNX相关的收入主要来自基于生产的特许权使用费，因此该细分市场的收入前景与汽车行业的扭亏为盈前景密不可分。</blockquote></p><p> BlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.</p><p><blockquote>黑莓第二季度的毛利率也继续下降，毛利率从21年第二季度的76.8%下降至22年第二季度的64.0%。以美元计算的毛利率同比下降43.7%，仅为1.12亿美元。第二季度的美元损失总额增加了6倍，达到1.44亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ab3b3f9b4831b274e249874f90d6048\" tg-width=\"962\" tg-height=\"617\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Although BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...</p><p><blockquote>尽管黑莓的销售额环比增长了100万美元，但长期趋势显示其收入基础持续受到侵蚀。该公司在第二季度尚未好转，黑莓的苦难也尚未结束……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2189338d5de276eccdabcba751abc9c\" 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> BlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).</p><p><blockquote>然而，黑莓第二季度的经营活动产生了1200万美元的正现金流。投资后，仍有1000万美元的自由现金流……按利润率计算仅为5.7%。由于22年第一季度经营活动产生的现金流为负，2022财年前六个月的自由现金流为2500万美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b098aba440234948d23ebcda42dce31c\" tg-width=\"790\" tg-height=\"719\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p></p><p> BlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.</p><p><blockquote>黑莓预计，与上半年相比，其网络安全和物联网这两项主要业务下半年的收入将更加强劲。黑莓为其第二季度电话会议的收入指引（文字记录）进行了辩护，并表示网络安全业务在2022财年的收入应在4.95亿美元至5.15亿美元之间，收入可能会落入该范围的低端。物联网业务预计本财年将产生1.8亿至2亿美元的收入，尽管销售增长前景与汽车行业半导体的更好流动有关。根据电话会议提供的补充信息，黑莓认为2022财年下半年汽车行业复苏存在相关风险……这将影响QNX相关收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add7445e97b78d23bead4bc80eed56ea\" tg-width=\"692\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Despite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...</p><p><blockquote>尽管收入形势、亏损和负自由现金流充满挑战，黑莓的市盈率仍为6.7……这是通常为快速扩张和收入增长的公司保留的乘数。黑莓现在只提供这样一家公司的估值，而不提供基本面。市盈率假设2023财年销售额为8.82亿美元。收入预期也在下降...</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/773ca1b25e7c697a10b122383650945e\" 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> <b>Risks with BlackBerry</b></p><p><blockquote><b>黑莓的风险</b></blockquote></p><p> BlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.</p><p><blockquote>黑莓的收入仍然长期下降，到目前为止，还没有任何证据可以让市场相信情况正在好转。尽管该公司正试图通过网络安全和物联网进入新的业务方向，但收入挑战依然存在，黑莓的自由现金流并不多，毛利率下降并不完全是商业业绩增强的证据。如果黑莓找不到解决其持续收入下降和负自由现金流的方法，市场可能会对黑莓失去耐心，并用较低的销售乘数来惩罚它。</blockquote></p><p> If BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.</p><p><blockquote>如果黑莓在2022财年最后两个季度获得收入势头，实现更高的毛利率并产生正的自由现金流，那么我愿意改变对该股的前景。然而，鉴于黑莓黯淡的收入和利润率历史，这种情况发生的可能性很小。</blockquote></p><p> <b>Final thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> BlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!</p><p><blockquote>黑莓的业务继续陷入流沙，在可预见的未来，任何投资于该公司的资金都可能是“死钱”。黑莓取得实质性进展的速度不够快，收入同比大幅下降令人刺痛。黑莓需要收入和现金流出现更强劲的反弹才能增长到目前的市值。根据黑莓的商业表现，该股仍然被严重高估！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457135-blackberry-bb-stock-earnings-dead-money\">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":{"BB":"黑莓"},"source_url":"https://seekingalpha.com/article/4457135-blackberry-bb-stock-earnings-dead-money","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163556498","content_text":"Summary\n\nBlackBerry continues to face significant revenue challenges.\nA steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.\nBlackBerry remains overvalued.\n\nda-kuk/E+ via Getty Images\nBlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!\nMeme buzz for a struggling business that hasn't found itself yet\nBlackBerry is once again a hotly discussed subject on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.\nData by YCharts\nDespite meme buzz developing around the BlackBerry name this year, the firm's second-quarter showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than 195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.\nBlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.\nSource: BlackBerry\nAlthough BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...\nData by YCharts\nBlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).\nSource: BlackBerry\nBlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.\nSource: BlackBerry\nDespite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...\nData by YCharts\nRisks with BlackBerry\nBlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.\nIf BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.\nFinal thoughts\nBlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":2541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866354201,"gmtCreate":1632739276303,"gmtModify":1632798199703,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Agreed","listText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Agreed","text":"Good//@SolidSnake:Good//@SolidSnake:Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866354201","repostId":"1184844987","repostType":4,"isVote":1,"tweetType":1,"viewCount":2434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861266394,"gmtCreate":1632498784918,"gmtModify":1632715365813,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Agreed","listText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Agreed","text":"Good//@SolidSnake:Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/861266394","repostId":"1184844987","repostType":4,"isVote":1,"tweetType":1,"viewCount":2335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":177202431,"gmtCreate":1627218703923,"gmtModify":1633767094164,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/177202431","repostId":"1118041582","repostType":4,"repost":{"id":"1118041582","kind":"news","pubTimestamp":1627175995,"share":"https://www.laohu8.com/m/news/1118041582?lang=zh_CN&edition=full","pubTime":"2021-07-25 09:19","market":"us","language":"en","title":"US IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118041582","media":"Renaissance Capital","summary":"After another week of record activity, the IPO market is expected to remain hot with 17 IPOs schedul","content":"<p>After another week of record activity, the IPO market is expected to remain hot with 17 IPOs scheduled for the week ahead.</p><p><blockquote>在又一周创纪录的活动之后，IPO市场预计将保持火热，未来一周将有17起IPO。</blockquote></p><p> Long-awaited retail brokerage&nbsp;<b>Robinhood Markets</b>(HOOD) plans to raise $2.2 billion at a $36.8 billion market cap. The company offers a no-commission retail brokerage platform with over 18 million MAUs. Despite triple-digit revenue growth in the 1Q21, the platform is dependent on trading volumes, and the recent retail trading boom may be unsustainable.</p><p><blockquote>期待已久的零售经纪业务<b>罗宾汉市场</b>(HOOD)计划以368亿美元的市值筹集22亿美元。该公司提供无佣金零售经纪平台，月活跃用户数超过1800万。尽管2021年第一季度的收入实现了三位数的增长，但该平台依赖于交易量，最近的零售交易热潮可能难以为继。</blockquote></p><p> Vehicle battery maker&nbsp;<b>Clarios International</b>(BTRY) plans to raise $1.7 billion at a $9.7 billion market cap. The company manufactures low-voltage vehicles batteries globally, stating that it has the number one market position in the Americas and EMEA. Profitable on an EBIT basis, Clarios saw revenue growth accelerate in the 1H FY21 after turning negative in the FY20 due to COVID.</p><p><blockquote>汽车电池制造商<b>Clarios International</b>(BTRY)计划以97亿美元的市值筹集17亿美元。该公司在全球范围内生产低压汽车电池，并表示其在美洲和欧洲、中东和非洲地区拥有第一的市场地位。在息税前利润的基础上，Clarios的收入增长在2020财年因新冠疫情而转为负值后，在2021财年上半年加速。</blockquote></p><p> Altice’s ad-tech platform&nbsp;<b>Teads</b>(TEAD) plans to raise $751 million at a $4.6 billion market cap. Teads operates a cloud-based programmatic digital advertising platform for advertisers and publishers. Profitable with solid growth, Teads provides monetization services to about 3,100 publishers.</p><p><blockquote>Altice的广告技术平台<b>Teads</b>(TEAD)计划以46亿美元的市值筹集7.51亿美元。Teads为广告商和出版商运营一个基于云的程序化数字广告平台。Teads盈利稳健增长，为约3,100家出版商提供货币化服务。</blockquote></p><p> Education software provider&nbsp;<b>PowerSchool Holdings</b>(PWSC) plans to raise $750 million at a $3.7 billion market cap. The company provides an education platform for teachers to manage classroom activities such as collecting work and grading assignments. Serving over 12,000 customers in over 90 countries globally, PowerSchool turned profitable on a net income basis in the 1Q21.</p><p><blockquote>教育软件提供商<b>动力学校控股</b>(PWSC)计划以37亿美元的市值筹集7.5亿美元。该公司为教师提供了一个教育平台，用于管理课堂活动，如收集作业和评分作业。PowerSchool为全球90多个国家的12,000多名客户提供服务，在2021年第一季度实现了净利润盈利。</blockquote></p><p> After withdrawing its IPO attempt in 2018,<b>Dole</b>(DOLE) plans to raise $559 million at a $2.0 billion market cap. This leading fruit and vegetable company offers over 300 products sourced from over 30 countries to over 80 countries globally. Slow growing and profitable, Dole's offering is being made in connection with its merger with Total Produce.</p><p><blockquote>在2018年撤回IPO尝试后，<b>多尔</b>（都乐）计划以20亿美元的市值筹集5.59亿美元。这家领先的水果和蔬菜公司向全球80多个国家提供来自30多个国家的300多种产品。都乐增长缓慢且盈利，其产品是与Total Product合并时推出的。</blockquote></p><p> Language learning platform&nbsp;<b>Duolingo</b>(DUOL) plans to raise $460 million at a $4.1 billion market cap. Duolingo provides an online platform for over 300 million users to learn over 30 new languages. Benefiting from a COVID-related boost in demand, Duolingo posted triple-digit growth in 2020.</p><p><blockquote>语言学习平台<b>多邻国</b>(DUOL)计划以41亿美元的市值筹集4.6亿美元。多邻国为超过3亿用户提供了一个学习30多种新语言的在线平台。受益于与新冠疫情相关的需求增长，多邻国在2020年实现了三位数的增长。</blockquote></p><p> <b>Traeger</b>(COOK) plans to raise $400 million at a $2.2 billion market cap. This company makes premium backyard wood pellet grills with a tech feature, allowing owners to program, monitor, and control their grill through the Traeger app. Traeger is a category leader of the wood pellet grill, growing revenue at a 28% CAGR from 2017 to 2020.</p><p><blockquote><b>特雷格</b>（库克）计划以22亿美元的市值筹集4亿美元。这家公司生产具有技术功能的优质后院木质颗粒烤架，允许业主通过Traeger应用程序对他们的烤架进行编程、监控和控制。Traeger是木质颗粒烤架的类别领导者，从2017年到2020年，收入以28%的CAGR增长。</blockquote></p><p> Israeli anti-fraud firm&nbsp;<b>Riskified</b>(RSKD) plans to raise $333 million at a $3.1 billion market cap. This company provides e-commerce fraud protection for enterprises. Growing but unprofitable, Riskified saw its free cash flow swing positive in the 1Q21.</p><p><blockquote>以色列反欺诈公司<b>风险化</b>(RSKD)计划以31亿美元的市值筹集3.33亿美元。这家公司为企业提供电子商务欺诈保护。Riskified不断增长但尚未盈利，其自由现金流在2021年第一季度上转为正值。</blockquote></p><p> Financial software provider&nbsp;<b>MeridianLink</b>(MLNK) plans to raise $300 million at a $2.1 billion market cap. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions. Although business is cyclical, the company saw double-digit organic growth in the FY20 due to strong mortgage activity.</p><p><blockquote>财务软件提供商<b>子午线链接</b>(MLNK)计划以21亿美元的市值筹集3亿美元。MeridianLink为中端市场社区银行和信用合作社提供基于云的数字借贷和开户平台。尽管业务具有周期性，但由于强劲的抵押贷款活动，该公司在2020财年实现了两位数的有机增长。</blockquote></p><p> Smart home integration system&nbsp;<b>Snap One Holdings</b>(SNPO) plans to raise $270 million at a $1.5 billion market cap. This company provides smart home technology products to over 16,000 professional integrators. Snap One has demonstrated solid growth and was profitable on an EBIT basis in the 1Q21.</p><p><blockquote>智能家居集成系统<b>Snap一号控股</b>(SNPO)计划以15亿美元的市值筹集2.7亿美元。该公司为超过16,000家专业集成商提供智能家居技术产品。Snap一号表现出稳健的增长，并在2021年第一季度按息税前利润计算实现盈利。</blockquote></p><p> Specialty funding solutions provider&nbsp;<b>Preston Hollow Community Capital</b>(PHCC) plans to raise $200 million at a $2.3 billion market cap. This company is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the US. It serves a variety of areas, including infrastructure, education, healthcare, and housing.</p><p><blockquote>专业融资解决方案提供商<b>普雷斯顿霍洛社区资本</b>(PHCC)计划以23亿美元的市值筹集2亿美元。该公司是为对美国当地社区具有重大社会和经济重要性的项目提供专业影响力融资解决方案的市场领导者。它服务于各种领域，包括基础设施、教育、医疗保健和住房。</blockquote></p><p> Vaccine biotech&nbsp;<b>Icosavax</b>(ICVX) plans to raise $150 million at a $590 million market cap. This clinical stage biotech is initially focused on developing vaccines against infectious respiratory diseases using its virus-like particle platform technology. Its most advanced candidate is currently in a Phase 1/2 trial for SARS-CoV-2.</p><p><blockquote>疫苗生物技术<b>Icosavax</b>(ICVX)计划以5.9亿美元的市值筹集1.5亿美元。这一临床阶段的生物技术最初专注于利用其病毒样颗粒平台技术开发针对传染性呼吸道疾病的疫苗。其最先进的候选药物目前正处于新型冠状病毒病的1/2期试验中。</blockquote></p><p> Cancer biotech&nbsp;<b>Candel Therapeutics</b>(CADL) plans to raise $85 million at a $398 million market cap. Candel's most advanced candidate is currently in a Phase 3 trial in combination with prodrug valacyclovir for newly diagnosed localized prostate cancer with an intermediate or high-risk for progression. The company expects to complete enrollment in the 3Q21 with a final data readout in 2024.</p><p><blockquote>癌症生物技术<b>坎德尔治疗公司</b>(CADL)计划以3.98亿美元的市值筹集8500万美元。Candel最先进的候选药物目前正在与前药伐昔洛韦联合治疗新诊断的中度或高风险进展的局限性前列腺癌的3期试验中。该公司预计将在2024年完成2021年第三季度的注册并公布最终数据。</blockquote></p><p></p><p> Rare disease biotech&nbsp;<b>Rallybio</b>(RLYB) plans to raise $81 million at a $465 million market cap. This clinical stage biotech is developing antibody therapies for rare diseases. Its lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.</p><p><blockquote>罕见病生物技术<b>拉利比奥</b>(RLYB)计划以4.65亿美元的市值筹集8100万美元。这一临床阶段的生物技术正在开发罕见疾病的抗体疗法。其主导项目目前正在1/2期试验中评估治疗胎儿和新生儿同种免疫性血小板减少症。</blockquote></p><p> <b>Ocean Biomedical</b>(OCEA) plans to raise $50 million at a $506 million market cap. The company is currently pursuing preclinical programs in oncology, fibrosis, infectious disease, and inflammation that have been licensed directly or indirectly from Brown University, Stanford University, and Rhode Island Hospital.</p><p><blockquote><b>海洋生物医学</b>(OCEA)计划以5.06亿美元的市值筹集5000万美元。该公司目前正在开展肿瘤学、纤维化、传染病和炎症方面的临床前项目，这些项目已直接或间接获得布朗大学、斯坦福大学和罗德岛医院的许可。</blockquote></p><p> After postponing in November 2020,<b>IN8bio</b>(INAB) plans to raise $44 million at a $215 million market cap. This Phase 1 biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors. Although gamma-delta T cells could potentially treat solid tumors, the company is very early stage and has dosed a limited number of patients.</p><p><blockquote>2020年11月延期后，<b>IN8bio</b>(INAB)计划以2.15亿美元的市值筹集4400万美元。这家1期生物技术公司正在开发同种异体γ-δ T细胞疗法来治疗实体瘤。尽管γ-δ T细胞有可能治疗实体瘤，但该公司还处于非常早期的阶段，并且仅为有限数量的患者提供了剂量。</blockquote></p><p> Female cancer biotech&nbsp;<b>Context Therapeutics</b>(CNTX) plans to raise $20 million at a $93 million market cap. Context is developing treatments for female cancers, such as breast, ovarian, and endometrial cancer. The company’s lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the 2H21 and the 1H22.</p><p><blockquote>女性癌症生物技术<b>情境疗法</b>(CNTX)计划以9300万美元的市值筹集2000万美元。背景是开发女性癌症的治疗方法，如乳腺癌、卵巢癌和子宫内膜癌。该公司的主要候选药物目前正处于卵巢癌和子宫内膜癌的2期试验中，预计将于21年下半年和22年上半年获得初步结果。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4b38a8af5f92621b2633830553616b5d\" tg-width=\"1271\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5faec597a337345b21c846808295821d\" tg-width=\"1272\" tg-height=\"676\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/021cc62ff4eaabd0b6a7dee91fc0d63e\" tg-width=\"1270\" tg-height=\"483\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/22/2021, the Renaissance IPO Index was down 1.0% year-to-date, while the S&amp;P 500 was up 16.3%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 3.0% year-to-date, while the ACWX was up 8.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include EQT Partners and Smoore International.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2021年7月22日，文艺复兴IPO指数今年迄今下跌1.0%，而标普500上涨16.3%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌3.0%，而ACWX指数上涨8.1%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括EQT Partners和思摩尔国际。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</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\">\nUS IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-07-25 09:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After another week of record activity, the IPO market is expected to remain hot with 17 IPOs scheduled for the week ahead.</p><p><blockquote>在又一周创纪录的活动之后，IPO市场预计将保持火热，未来一周将有17起IPO。</blockquote></p><p> Long-awaited retail brokerage&nbsp;<b>Robinhood Markets</b>(HOOD) plans to raise $2.2 billion at a $36.8 billion market cap. The company offers a no-commission retail brokerage platform with over 18 million MAUs. Despite triple-digit revenue growth in the 1Q21, the platform is dependent on trading volumes, and the recent retail trading boom may be unsustainable.</p><p><blockquote>期待已久的零售经纪业务<b>罗宾汉市场</b>(HOOD)计划以368亿美元的市值筹集22亿美元。该公司提供无佣金零售经纪平台，月活跃用户数超过1800万。尽管2021年第一季度的收入实现了三位数的增长，但该平台依赖于交易量，最近的零售交易热潮可能难以为继。</blockquote></p><p> Vehicle battery maker&nbsp;<b>Clarios International</b>(BTRY) plans to raise $1.7 billion at a $9.7 billion market cap. The company manufactures low-voltage vehicles batteries globally, stating that it has the number one market position in the Americas and EMEA. Profitable on an EBIT basis, Clarios saw revenue growth accelerate in the 1H FY21 after turning negative in the FY20 due to COVID.</p><p><blockquote>汽车电池制造商<b>Clarios International</b>(BTRY)计划以97亿美元的市值筹集17亿美元。该公司在全球范围内生产低压汽车电池，并表示其在美洲和欧洲、中东和非洲地区拥有第一的市场地位。在息税前利润的基础上，Clarios的收入增长在2020财年因新冠疫情而转为负值后，在2021财年上半年加速。</blockquote></p><p> Altice’s ad-tech platform&nbsp;<b>Teads</b>(TEAD) plans to raise $751 million at a $4.6 billion market cap. Teads operates a cloud-based programmatic digital advertising platform for advertisers and publishers. Profitable with solid growth, Teads provides monetization services to about 3,100 publishers.</p><p><blockquote>Altice的广告技术平台<b>Teads</b>(TEAD)计划以46亿美元的市值筹集7.51亿美元。Teads为广告商和出版商运营一个基于云的程序化数字广告平台。Teads盈利稳健增长，为约3,100家出版商提供货币化服务。</blockquote></p><p> Education software provider&nbsp;<b>PowerSchool Holdings</b>(PWSC) plans to raise $750 million at a $3.7 billion market cap. The company provides an education platform for teachers to manage classroom activities such as collecting work and grading assignments. Serving over 12,000 customers in over 90 countries globally, PowerSchool turned profitable on a net income basis in the 1Q21.</p><p><blockquote>教育软件提供商<b>动力学校控股</b>(PWSC)计划以37亿美元的市值筹集7.5亿美元。该公司为教师提供了一个教育平台，用于管理课堂活动，如收集作业和评分作业。PowerSchool为全球90多个国家的12,000多名客户提供服务，在2021年第一季度实现了净利润盈利。</blockquote></p><p> After withdrawing its IPO attempt in 2018,<b>Dole</b>(DOLE) plans to raise $559 million at a $2.0 billion market cap. This leading fruit and vegetable company offers over 300 products sourced from over 30 countries to over 80 countries globally. Slow growing and profitable, Dole's offering is being made in connection with its merger with Total Produce.</p><p><blockquote>在2018年撤回IPO尝试后，<b>多尔</b>（都乐）计划以20亿美元的市值筹集5.59亿美元。这家领先的水果和蔬菜公司向全球80多个国家提供来自30多个国家的300多种产品。都乐增长缓慢且盈利，其产品是与Total Product合并时推出的。</blockquote></p><p> Language learning platform&nbsp;<b>Duolingo</b>(DUOL) plans to raise $460 million at a $4.1 billion market cap. Duolingo provides an online platform for over 300 million users to learn over 30 new languages. Benefiting from a COVID-related boost in demand, Duolingo posted triple-digit growth in 2020.</p><p><blockquote>语言学习平台<b>多邻国</b>(DUOL)计划以41亿美元的市值筹集4.6亿美元。多邻国为超过3亿用户提供了一个学习30多种新语言的在线平台。受益于与新冠疫情相关的需求增长，多邻国在2020年实现了三位数的增长。</blockquote></p><p> <b>Traeger</b>(COOK) plans to raise $400 million at a $2.2 billion market cap. This company makes premium backyard wood pellet grills with a tech feature, allowing owners to program, monitor, and control their grill through the Traeger app. Traeger is a category leader of the wood pellet grill, growing revenue at a 28% CAGR from 2017 to 2020.</p><p><blockquote><b>特雷格</b>（库克）计划以22亿美元的市值筹集4亿美元。这家公司生产具有技术功能的优质后院木质颗粒烤架，允许业主通过Traeger应用程序对他们的烤架进行编程、监控和控制。Traeger是木质颗粒烤架的类别领导者，从2017年到2020年，收入以28%的CAGR增长。</blockquote></p><p> Israeli anti-fraud firm&nbsp;<b>Riskified</b>(RSKD) plans to raise $333 million at a $3.1 billion market cap. This company provides e-commerce fraud protection for enterprises. Growing but unprofitable, Riskified saw its free cash flow swing positive in the 1Q21.</p><p><blockquote>以色列反欺诈公司<b>风险化</b>(RSKD)计划以31亿美元的市值筹集3.33亿美元。这家公司为企业提供电子商务欺诈保护。Riskified不断增长但尚未盈利，其自由现金流在2021年第一季度上转为正值。</blockquote></p><p> Financial software provider&nbsp;<b>MeridianLink</b>(MLNK) plans to raise $300 million at a $2.1 billion market cap. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions. Although business is cyclical, the company saw double-digit organic growth in the FY20 due to strong mortgage activity.</p><p><blockquote>财务软件提供商<b>子午线链接</b>(MLNK)计划以21亿美元的市值筹集3亿美元。MeridianLink为中端市场社区银行和信用合作社提供基于云的数字借贷和开户平台。尽管业务具有周期性，但由于强劲的抵押贷款活动，该公司在2020财年实现了两位数的有机增长。</blockquote></p><p> Smart home integration system&nbsp;<b>Snap One Holdings</b>(SNPO) plans to raise $270 million at a $1.5 billion market cap. This company provides smart home technology products to over 16,000 professional integrators. Snap One has demonstrated solid growth and was profitable on an EBIT basis in the 1Q21.</p><p><blockquote>智能家居集成系统<b>Snap一号控股</b>(SNPO)计划以15亿美元的市值筹集2.7亿美元。该公司为超过16,000家专业集成商提供智能家居技术产品。Snap一号表现出稳健的增长，并在2021年第一季度按息税前利润计算实现盈利。</blockquote></p><p> Specialty funding solutions provider&nbsp;<b>Preston Hollow Community Capital</b>(PHCC) plans to raise $200 million at a $2.3 billion market cap. This company is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the US. It serves a variety of areas, including infrastructure, education, healthcare, and housing.</p><p><blockquote>专业融资解决方案提供商<b>普雷斯顿霍洛社区资本</b>(PHCC)计划以23亿美元的市值筹集2亿美元。该公司是为对美国当地社区具有重大社会和经济重要性的项目提供专业影响力融资解决方案的市场领导者。它服务于各种领域，包括基础设施、教育、医疗保健和住房。</blockquote></p><p> Vaccine biotech&nbsp;<b>Icosavax</b>(ICVX) plans to raise $150 million at a $590 million market cap. This clinical stage biotech is initially focused on developing vaccines against infectious respiratory diseases using its virus-like particle platform technology. Its most advanced candidate is currently in a Phase 1/2 trial for SARS-CoV-2.</p><p><blockquote>疫苗生物技术<b>Icosavax</b>(ICVX)计划以5.9亿美元的市值筹集1.5亿美元。这一临床阶段的生物技术最初专注于利用其病毒样颗粒平台技术开发针对传染性呼吸道疾病的疫苗。其最先进的候选药物目前正处于新型冠状病毒病的1/2期试验中。</blockquote></p><p> Cancer biotech&nbsp;<b>Candel Therapeutics</b>(CADL) plans to raise $85 million at a $398 million market cap. Candel's most advanced candidate is currently in a Phase 3 trial in combination with prodrug valacyclovir for newly diagnosed localized prostate cancer with an intermediate or high-risk for progression. The company expects to complete enrollment in the 3Q21 with a final data readout in 2024.</p><p><blockquote>癌症生物技术<b>坎德尔治疗公司</b>(CADL)计划以3.98亿美元的市值筹集8500万美元。Candel最先进的候选药物目前正在与前药伐昔洛韦联合治疗新诊断的中度或高风险进展的局限性前列腺癌的3期试验中。该公司预计将在2024年完成2021年第三季度的注册并公布最终数据。</blockquote></p><p></p><p> Rare disease biotech&nbsp;<b>Rallybio</b>(RLYB) plans to raise $81 million at a $465 million market cap. This clinical stage biotech is developing antibody therapies for rare diseases. Its lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.</p><p><blockquote>罕见病生物技术<b>拉利比奥</b>(RLYB)计划以4.65亿美元的市值筹集8100万美元。这一临床阶段的生物技术正在开发罕见疾病的抗体疗法。其主导项目目前正在1/2期试验中评估治疗胎儿和新生儿同种免疫性血小板减少症。</blockquote></p><p> <b>Ocean Biomedical</b>(OCEA) plans to raise $50 million at a $506 million market cap. The company is currently pursuing preclinical programs in oncology, fibrosis, infectious disease, and inflammation that have been licensed directly or indirectly from Brown University, Stanford University, and Rhode Island Hospital.</p><p><blockquote><b>海洋生物医学</b>(OCEA)计划以5.06亿美元的市值筹集5000万美元。该公司目前正在开展肿瘤学、纤维化、传染病和炎症方面的临床前项目，这些项目已直接或间接获得布朗大学、斯坦福大学和罗德岛医院的许可。</blockquote></p><p> After postponing in November 2020,<b>IN8bio</b>(INAB) plans to raise $44 million at a $215 million market cap. This Phase 1 biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors. Although gamma-delta T cells could potentially treat solid tumors, the company is very early stage and has dosed a limited number of patients.</p><p><blockquote>2020年11月延期后，<b>IN8bio</b>(INAB)计划以2.15亿美元的市值筹集4400万美元。这家1期生物技术公司正在开发同种异体γ-δ T细胞疗法来治疗实体瘤。尽管γ-δ T细胞有可能治疗实体瘤，但该公司还处于非常早期的阶段，并且仅为有限数量的患者提供了剂量。</blockquote></p><p> Female cancer biotech&nbsp;<b>Context Therapeutics</b>(CNTX) plans to raise $20 million at a $93 million market cap. Context is developing treatments for female cancers, such as breast, ovarian, and endometrial cancer. The company’s lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the 2H21 and the 1H22.</p><p><blockquote>女性癌症生物技术<b>情境疗法</b>(CNTX)计划以9300万美元的市值筹集2000万美元。背景是开发女性癌症的治疗方法，如乳腺癌、卵巢癌和子宫内膜癌。该公司的主要候选药物目前正处于卵巢癌和子宫内膜癌的2期试验中，预计将于21年下半年和22年上半年获得初步结果。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4b38a8af5f92621b2633830553616b5d\" tg-width=\"1271\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5faec597a337345b21c846808295821d\" tg-width=\"1272\" tg-height=\"676\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/021cc62ff4eaabd0b6a7dee91fc0d63e\" tg-width=\"1270\" tg-height=\"483\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/22/2021, the Renaissance IPO Index was down 1.0% year-to-date, while the S&amp;P 500 was up 16.3%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 3.0% year-to-date, while the ACWX was up 8.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include EQT Partners and Smoore International.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2021年7月22日，文艺复兴IPO指数今年迄今下跌1.0%，而标普500上涨16.3%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌3.0%，而ACWX指数上涨8.1%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括EQT Partners和思摩尔国际。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/84600/US-IPO-Week-Ahead-Robinhood%E2%80%99s-billion-dollar-deal-headlines-a-17-IPO-week\">Renaissance Capital</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":{"COOK":"Traeger Inc. (TGPX Holdings I LLC)","ICVX":"Icosavax, Inc.","FEOVF":"Oceanic Iron Ore Corp.",".DJI":"道琼斯","TEAD":"Teads Holding","DUOL":"多邻国","SNPO":"Snap One Holdings Corp.","DOLE":"都乐食品","RSKD":"Riskified Ltd.","MLNK":"MeridianLink, Inc. (ex-Project Angel Parent, LLC)",".IXIC":"NASDAQ Composite","HOOD":"Robinhood","CNTX":"Context Therapeutics Inc.",".SPX":"S&P 500 Index","INAB":"IN8bio, Inc.","PWSC":"PowerSchool Holdings, Inc.","RLYB":"Rallybio Corp.","CADLF":"CADELER AS"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/84600/US-IPO-Week-Ahead-Robinhood%E2%80%99s-billion-dollar-deal-headlines-a-17-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118041582","content_text":"After another week of record activity, the IPO market is expected to remain hot with 17 IPOs scheduled for the week ahead.\nLong-awaited retail brokerage Robinhood Markets(HOOD) plans to raise $2.2 billion at a $36.8 billion market cap. The company offers a no-commission retail brokerage platform with over 18 million MAUs. Despite triple-digit revenue growth in the 1Q21, the platform is dependent on trading volumes, and the recent retail trading boom may be unsustainable.\nVehicle battery maker Clarios International(BTRY) plans to raise $1.7 billion at a $9.7 billion market cap. The company manufactures low-voltage vehicles batteries globally, stating that it has the number one market position in the Americas and EMEA. Profitable on an EBIT basis, Clarios saw revenue growth accelerate in the 1H FY21 after turning negative in the FY20 due to COVID.\nAltice’s ad-tech platform Teads(TEAD) plans to raise $751 million at a $4.6 billion market cap. Teads operates a cloud-based programmatic digital advertising platform for advertisers and publishers. Profitable with solid growth, Teads provides monetization services to about 3,100 publishers.\nEducation software provider PowerSchool Holdings(PWSC) plans to raise $750 million at a $3.7 billion market cap. The company provides an education platform for teachers to manage classroom activities such as collecting work and grading assignments. Serving over 12,000 customers in over 90 countries globally, PowerSchool turned profitable on a net income basis in the 1Q21.\nAfter withdrawing its IPO attempt in 2018,Dole(DOLE) plans to raise $559 million at a $2.0 billion market cap. This leading fruit and vegetable company offers over 300 products sourced from over 30 countries to over 80 countries globally. Slow growing and profitable, Dole's offering is being made in connection with its merger with Total Produce.\nLanguage learning platform Duolingo(DUOL) plans to raise $460 million at a $4.1 billion market cap. Duolingo provides an online platform for over 300 million users to learn over 30 new languages. Benefiting from a COVID-related boost in demand, Duolingo posted triple-digit growth in 2020.\nTraeger(COOK) plans to raise $400 million at a $2.2 billion market cap. This company makes premium backyard wood pellet grills with a tech feature, allowing owners to program, monitor, and control their grill through the Traeger app. Traeger is a category leader of the wood pellet grill, growing revenue at a 28% CAGR from 2017 to 2020.\nIsraeli anti-fraud firm Riskified(RSKD) plans to raise $333 million at a $3.1 billion market cap. This company provides e-commerce fraud protection for enterprises. Growing but unprofitable, Riskified saw its free cash flow swing positive in the 1Q21.\nFinancial software provider MeridianLink(MLNK) plans to raise $300 million at a $2.1 billion market cap. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions. Although business is cyclical, the company saw double-digit organic growth in the FY20 due to strong mortgage activity.\nSmart home integration system Snap One Holdings(SNPO) plans to raise $270 million at a $1.5 billion market cap. This company provides smart home technology products to over 16,000 professional integrators. Snap One has demonstrated solid growth and was profitable on an EBIT basis in the 1Q21.\nSpecialty funding solutions provider Preston Hollow Community Capital(PHCC) plans to raise $200 million at a $2.3 billion market cap. This company is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the US. It serves a variety of areas, including infrastructure, education, healthcare, and housing.\nVaccine biotech Icosavax(ICVX) plans to raise $150 million at a $590 million market cap. This clinical stage biotech is initially focused on developing vaccines against infectious respiratory diseases using its virus-like particle platform technology. Its most advanced candidate is currently in a Phase 1/2 trial for SARS-CoV-2.\nCancer biotech Candel Therapeutics(CADL) plans to raise $85 million at a $398 million market cap. Candel's most advanced candidate is currently in a Phase 3 trial in combination with prodrug valacyclovir for newly diagnosed localized prostate cancer with an intermediate or high-risk for progression. The company expects to complete enrollment in the 3Q21 with a final data readout in 2024.\nRare disease biotech Rallybio(RLYB) plans to raise $81 million at a $465 million market cap. This clinical stage biotech is developing antibody therapies for rare diseases. Its lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.\nOcean Biomedical(OCEA) plans to raise $50 million at a $506 million market cap. The company is currently pursuing preclinical programs in oncology, fibrosis, infectious disease, and inflammation that have been licensed directly or indirectly from Brown University, Stanford University, and Rhode Island Hospital.\nAfter postponing in November 2020,IN8bio(INAB) plans to raise $44 million at a $215 million market cap. This Phase 1 biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors. Although gamma-delta T cells could potentially treat solid tumors, the company is very early stage and has dosed a limited number of patients.\nFemale cancer biotech Context Therapeutics(CNTX) plans to raise $20 million at a $93 million market cap. Context is developing treatments for female cancers, such as breast, ovarian, and endometrial cancer. The company’s lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the 2H21 and the 1H22.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/22/2021, the Renaissance IPO Index was down 1.0% year-to-date, while the S&P 500 was up 16.3%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 3.0% year-to-date, while the ACWX was up 8.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include EQT Partners and Smoore International.","news_type":1,"symbols_score_info":{"CNTX":0.9,"PHCC":0.9,"RLYB":0.9,"BTRY":0.9,"HOOD":0.9,"CADLF":0.9,".IXIC":0.9,"FEOVF":0.9,".DJI":0.9,".SPX":0.9,"PWSC":0.9,"SNPO":0.9,"DOLE":0.9,"COOK":0.9,"TEAD":0.9,"INAB":0.9,"RSKD":0.9,"MLNK":0.9,"ICVX":0.9,"DUOL":0.9}},"isVote":1,"tweetType":1,"viewCount":2189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171108390,"gmtCreate":1626709850710,"gmtModify":1633924714466,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/171108390","repostId":"1184844987","repostType":4,"isVote":1,"tweetType":1,"viewCount":1935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173336224,"gmtCreate":1626614431468,"gmtModify":1631888360997,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173336224","repostId":"1183956332","repostType":4,"isVote":1,"tweetType":1,"viewCount":1590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144745516,"gmtCreate":1626316627435,"gmtModify":1633927925278,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/144745516","repostId":"1181685430","repostType":4,"repost":{"id":"1181685430","kind":"news","pubTimestamp":1626311578,"share":"https://www.laohu8.com/m/news/1181685430?lang=zh_CN&edition=full","pubTime":"2021-07-15 09:12","market":"us","language":"en","title":"Cramer: Chip Sector's Contradictions – AMD, Nvidia, Intel<blockquote>克莱默：芯片行业的矛盾——AMD、英伟达、英特尔</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181685430","media":"The Street","summary":"With the chip shortage, these stocks are making investors nervous, but keep them on your radar, Cram","content":"<p>  With the chip shortage, these stocks are making investors nervous, but keep them on your radar, Cramer says.  The semiconductor industry is a “ball of confusion” to investors, just when market mavens crave some stability from chip makers.</p><p><blockquote>克莱默说，由于芯片短缺，这些股票让投资者感到紧张，但要密切关注它们。对于投资者来说，半导体行业是一个“混乱之球”，而此时市场专家却渴望芯片制造商提供一些稳定。</blockquote></p><p> That’s causing angst among investors, who should be buying semiconductors right now but can’t—or won’t—pull the trigger, TheStreet's Jim Cramer noted in a recent Real Money column.</p><p><blockquote>TheStreet的吉姆·克莱默(Jim Cramer)在最近的《真钱》专栏中指出，这引起了投资者的焦虑，他们现在应该购买半导体，但不能或不会扣动扳机。</blockquote></p><p> One big chip maker stands out in that regard, Cramer said.</p><p><blockquote>克莱默说，一家大型芯片制造商在这方面脱颖而出。</blockquote></p><p> \"Take Advanced Micro&nbsp;(<b>AMD</b>) -Get Report. This one has wandered in the wilderness for months as Intel's&nbsp;(<b>INTC</b>) -Get Report&nbsp;CEO Pat Gelsinger talks a big game about ending the reign of the upstart. It doesn't matter that CEO Lisa Su has a monster lead on Intel now. Pat loves to say that Intel's back and we want that. The fact is, though, that AMD is still the leader and Su is not going to fight back with words, she is going to fight back with chips.</p><p><blockquote>“以先进微(<b>AMD</b>)-获取报告。这个已经在荒野中徘徊了几个月，作为英特尔的（<b>INTC</b>)-获取报告首席执行官帕特·基辛格(Pat Gelsinger)谈论了一场关于结束暴发户统治的大游戏。首席执行官苏姿丰现在对英特尔有巨大的领先优势，这并不重要。帕特喜欢说英特尔回来了，我们希望如此。但事实是，AMD仍然是领导者，苏不会用言语反击，她会用芯片反击。</blockquote></p><p> \"Su did give an interview this week where she talked about how well they were doing and acknowledged the chip shortage. I thought the stock should go up on the story and instead it got hammered. Finally we are getting nervous about the Xilinx approval. We have been waiting and waiting.&nbsp;All that amounts to a stalled stock with a downward bias.\"</p><p><blockquote>“苏本周确实接受了一次采访，她谈到了他们的表现，并承认了芯片短缺。我认为该股应该因这个故事而上涨，但结果却遭到了重创。最后，我们对赛灵思的批准感到紧张。我们一直在等待。所有这些都相当于一只向下倾斜的停滞股票。”</blockquote></p><p> Cramer also pointed to Texas Instruments&nbsp;(<b>TXN</b>) -Get Report&nbsp;and Analog Devices&nbsp;(<b>ADI</b>) -Get Report&nbsp;as two additional industry culprits who should represent buying opportunities, but are too “harrowing” to be bought right now. Other semiconductor stocks are in the same state of suspension, but should also be on investor radar screens.</p><p><blockquote>克莱默还指出德州仪器（<b>TXN</b>)-获取报告和ADI公司(<b>阿迪</b>）-获取报告作为另外两个行业罪魁祸首，他们应该代表购买机会，但现在太“痛苦”而不能购买。其他半导体股票也处于同样的停牌状态，但也应该出现在投资者的雷达屏幕上。</blockquote></p><p> This from Cramer:</p><p><blockquote>克莱默的这篇文章：</blockquote></p><p> I can't tell you how many times I have heard that Broadcom&nbsp;(<b>AVGO</b>) -Get Report&nbsp;will disappoint only to watch it beat the numbers handily.&nbsp;Or Marvell Tech&nbsp;(<b>MRVL</b>) -Get Report. Here's one that likes to run into the quarter and then sell down when it reports.</p><p><blockquote>我无法告诉你我听过多少次Broadcom(<b>AVGO</b>)-Get Report只会让人失望，只是看着它轻松击败数字。或者Marvell Tech(<b>MRVL</b>)-获取报告。这是一家喜欢进入季度然后在发布报告时抛售的公司。</blockquote></p><p> Cramer said that, fortunately, Marvell didn't fall flat this time but that's the first time he's seen it hold.&nbsp;The only one that doesn't act terribly, he added, is Nvidia&nbsp;(<b>NVDA</b>) -Get Report&nbsp;-- \"but need I remind you that it was stalled for ages, too.\"</p><p><blockquote>克莱默表示，幸运的是，Marvell这次没有表现平平，但这是他第一次看到它站稳脚跟。他补充说，唯一表现不太好的是英伟达（<b>NVDA</b>）-获取报告-“但需要我提醒你，它也被搁置了很长时间。”</blockquote></p><p> It’s worth noting that a semiconductor’s natural state is to rise up as its temperature goes up. That’s not happening right now and it’s vexing to investors who otherwise may be sector buyers, Cramer noted. Still, the upside value shouldn’t be ignored, he added.</p><p><blockquote>值得注意的是，半导体的自然状态是随着温度的升高而升高。克莱默指出，这种情况现在还没有发生，这让原本可能成为行业买家的投资者感到烦恼。不过，他补充说，上行价值不应被忽视。</blockquote></p><p> \"This fabulous group is a ball of confusion until you look where they come from,\" Cramer says.</p><p><blockquote>“这个神话般的群体是一个混乱的球，直到你看到他们来自哪里，”克莱默说。</blockquote></p><p></p>","source":"lsy1610613172068","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>Cramer: Chip Sector's Contradictions – AMD, Nvidia, Intel<blockquote>克莱默：芯片行业的矛盾——AMD、英伟达、英特尔</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\">\nCramer: Chip Sector's Contradictions – AMD, Nvidia, Intel<blockquote>克莱默：芯片行业的矛盾——AMD、英伟达、英特尔</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-15 09:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  With the chip shortage, these stocks are making investors nervous, but keep them on your radar, Cramer says.  The semiconductor industry is a “ball of confusion” to investors, just when market mavens crave some stability from chip makers.</p><p><blockquote>克莱默说，由于芯片短缺，这些股票让投资者感到紧张，但要密切关注它们。对于投资者来说，半导体行业是一个“混乱之球”，而此时市场专家却渴望芯片制造商提供一些稳定。</blockquote></p><p> That’s causing angst among investors, who should be buying semiconductors right now but can’t—or won’t—pull the trigger, TheStreet's Jim Cramer noted in a recent Real Money column.</p><p><blockquote>TheStreet的吉姆·克莱默(Jim Cramer)在最近的《真钱》专栏中指出，这引起了投资者的焦虑，他们现在应该购买半导体，但不能或不会扣动扳机。</blockquote></p><p> One big chip maker stands out in that regard, Cramer said.</p><p><blockquote>克莱默说，一家大型芯片制造商在这方面脱颖而出。</blockquote></p><p> \"Take Advanced Micro&nbsp;(<b>AMD</b>) -Get Report. This one has wandered in the wilderness for months as Intel's&nbsp;(<b>INTC</b>) -Get Report&nbsp;CEO Pat Gelsinger talks a big game about ending the reign of the upstart. It doesn't matter that CEO Lisa Su has a monster lead on Intel now. Pat loves to say that Intel's back and we want that. The fact is, though, that AMD is still the leader and Su is not going to fight back with words, she is going to fight back with chips.</p><p><blockquote>“以先进微(<b>AMD</b>)-获取报告。这个已经在荒野中徘徊了几个月，作为英特尔的（<b>INTC</b>)-获取报告首席执行官帕特·基辛格(Pat Gelsinger)谈论了一场关于结束暴发户统治的大游戏。首席执行官苏姿丰现在对英特尔有巨大的领先优势，这并不重要。帕特喜欢说英特尔回来了，我们希望如此。但事实是，AMD仍然是领导者，苏不会用言语反击，她会用芯片反击。</blockquote></p><p> \"Su did give an interview this week where she talked about how well they were doing and acknowledged the chip shortage. I thought the stock should go up on the story and instead it got hammered. Finally we are getting nervous about the Xilinx approval. We have been waiting and waiting.&nbsp;All that amounts to a stalled stock with a downward bias.\"</p><p><blockquote>“苏本周确实接受了一次采访，她谈到了他们的表现，并承认了芯片短缺。我认为该股应该因这个故事而上涨，但结果却遭到了重创。最后，我们对赛灵思的批准感到紧张。我们一直在等待。所有这些都相当于一只向下倾斜的停滞股票。”</blockquote></p><p> Cramer also pointed to Texas Instruments&nbsp;(<b>TXN</b>) -Get Report&nbsp;and Analog Devices&nbsp;(<b>ADI</b>) -Get Report&nbsp;as two additional industry culprits who should represent buying opportunities, but are too “harrowing” to be bought right now. Other semiconductor stocks are in the same state of suspension, but should also be on investor radar screens.</p><p><blockquote>克莱默还指出德州仪器（<b>TXN</b>)-获取报告和ADI公司(<b>阿迪</b>）-获取报告作为另外两个行业罪魁祸首，他们应该代表购买机会，但现在太“痛苦”而不能购买。其他半导体股票也处于同样的停牌状态，但也应该出现在投资者的雷达屏幕上。</blockquote></p><p> This from Cramer:</p><p><blockquote>克莱默的这篇文章：</blockquote></p><p> I can't tell you how many times I have heard that Broadcom&nbsp;(<b>AVGO</b>) -Get Report&nbsp;will disappoint only to watch it beat the numbers handily.&nbsp;Or Marvell Tech&nbsp;(<b>MRVL</b>) -Get Report. Here's one that likes to run into the quarter and then sell down when it reports.</p><p><blockquote>我无法告诉你我听过多少次Broadcom(<b>AVGO</b>)-Get Report只会让人失望，只是看着它轻松击败数字。或者Marvell Tech(<b>MRVL</b>)-获取报告。这是一家喜欢进入季度然后在发布报告时抛售的公司。</blockquote></p><p> Cramer said that, fortunately, Marvell didn't fall flat this time but that's the first time he's seen it hold.&nbsp;The only one that doesn't act terribly, he added, is Nvidia&nbsp;(<b>NVDA</b>) -Get Report&nbsp;-- \"but need I remind you that it was stalled for ages, too.\"</p><p><blockquote>克莱默表示，幸运的是，Marvell这次没有表现平平，但这是他第一次看到它站稳脚跟。他补充说，唯一表现不太好的是英伟达（<b>NVDA</b>）-获取报告-“但需要我提醒你，它也被搁置了很长时间。”</blockquote></p><p> It’s worth noting that a semiconductor’s natural state is to rise up as its temperature goes up. That’s not happening right now and it’s vexing to investors who otherwise may be sector buyers, Cramer noted. Still, the upside value shouldn’t be ignored, he added.</p><p><blockquote>值得注意的是，半导体的自然状态是随着温度的升高而升高。克莱默指出，这种情况现在还没有发生，这让原本可能成为行业买家的投资者感到烦恼。不过，他补充说，上行价值不应被忽视。</blockquote></p><p> \"This fabulous group is a ball of confusion until you look where they come from,\" Cramer says.</p><p><blockquote>“这个神话般的群体是一个混乱的球，直到你看到他们来自哪里，”克莱默说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/jim-cramer/cramer-chip-sectors-contradictions-amd-nvidia-intel\">The Street</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":{"AMD":"美国超微公司","INTC":"英特尔","NVDA":"英伟达"},"source_url":"https://www.thestreet.com/jim-cramer/cramer-chip-sectors-contradictions-amd-nvidia-intel","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181685430","content_text":"With the chip shortage, these stocks are making investors nervous, but keep them on your radar, Cramer says.\n\nThe semiconductor industry is a “ball of confusion” to investors, just when market mavens crave some stability from chip makers.\nThat’s causing angst among investors, who should be buying semiconductors right now but can’t—or won’t—pull the trigger, TheStreet's Jim Cramer noted in a recent Real Money column.\nOne big chip maker stands out in that regard, Cramer said.\n\"Take Advanced Micro (AMD) -Get Report. This one has wandered in the wilderness for months as Intel's (INTC) -Get Report CEO Pat Gelsinger talks a big game about ending the reign of the upstart. It doesn't matter that CEO Lisa Su has a monster lead on Intel now. Pat loves to say that Intel's back and we want that. The fact is, though, that AMD is still the leader and Su is not going to fight back with words, she is going to fight back with chips.\n\"Su did give an interview this week where she talked about how well they were doing and acknowledged the chip shortage. I thought the stock should go up on the story and instead it got hammered. Finally we are getting nervous about the Xilinx approval. We have been waiting and waiting. All that amounts to a stalled stock with a downward bias.\"\nCramer also pointed to Texas Instruments (TXN) -Get Report and Analog Devices (ADI) -Get Report as two additional industry culprits who should represent buying opportunities, but are too “harrowing” to be bought right now. Other semiconductor stocks are in the same state of suspension, but should also be on investor radar screens.\nThis from Cramer:\nI can't tell you how many times I have heard that Broadcom (AVGO) -Get Report will disappoint only to watch it beat the numbers handily. Or Marvell Tech (MRVL) -Get Report. Here's one that likes to run into the quarter and then sell down when it reports.\nCramer said that, fortunately, Marvell didn't fall flat this time but that's the first time he's seen it hold. The only one that doesn't act terribly, he added, is Nvidia (NVDA) -Get Report -- \"but need I remind you that it was stalled for ages, too.\"\nIt’s worth noting that a semiconductor’s natural state is to rise up as its temperature goes up. That’s not happening right now and it’s vexing to investors who otherwise may be sector buyers, Cramer noted. Still, the upside value shouldn’t be ignored, he added.\n\"This fabulous group is a ball of confusion until you look where they come from,\" Cramer says.","news_type":1,"symbols_score_info":{"AMD":0.9,"INTC":0.9,"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":3183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144745198,"gmtCreate":1626316603914,"gmtModify":1633927925520,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144745198","repostId":"1135572056","repostType":4,"repost":{"id":"1135572056","kind":"news","pubTimestamp":1626311688,"share":"https://www.laohu8.com/m/news/1135572056?lang=zh_CN&edition=full","pubTime":"2021-07-15 09:14","market":"us","language":"en","title":"Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135572056","media":"The Street","summary":"Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.","content":"<p>  Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.  During Elon&nbsp;Musk’stestimony&nbsp;in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.</p><p><blockquote>特斯拉首席执行官Elon Musk周二透露了有关特斯拉业务线之一的关键信息——以下是详细信息。在Elon Musk周二为SolarCity收购相关诉讼辩护的证词中，这位特斯拉首席执行官透露，该公司有大约8万台特斯拉PowerWallOrder等待交付。</blockquote></p><p> Order holders might be waiting awhile.</p><p><blockquote>订单持有者可能会等待一段时间。</blockquote></p><p> Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.</p><p><blockquote>Musk表示，在“最好的情况”下，特斯拉可能能够在第三季度生产3万-3.5万辆Powerwall。这一数字为首席财务官Zachary Kirkhorn对特斯拉第一季度盈利看涨期权的评论提供了新的背景，他表示特斯拉有“多个季度的积压”Powerwall订单。马斯克将有据可查的半导体短缺归因于Powerwall生产限制。</blockquote></p><p> <b>Production</b></p><p><blockquote><b>生产</b></blockquote></p><p> In late May,Tesla announcedthat the company had eclipsed&nbsp;200,000 Powerwalls&nbsp;installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed&nbsp;their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.</p><p><blockquote>5月下旬，特斯拉宣布，自成立以来，该公司已在全球安装了20万个Powerwalls，电池存储总量超过2千兆瓦时。2020年初，特斯拉披露了其第100,000台安装量，这表明去年Powerwall的季度产量约为20,000至25,000台。</blockquote></p><p> While Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.</p><p><blockquote>虽然马斯克第三季度约30,000辆的产量目标无法满足需求，但似乎确实比过去几个季度有所增加。按照目前的生产速度，一些特斯拉Powerwall订购商可能需要等待长达九个月的时间才能交付。</blockquote></p><p> Tesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easily<b>exceed $1 billion</b>.</p><p><blockquote>特斯拉列出的单个Powerwall的价格为10,500美元。凭借80,000份订单，特斯拉的积压订单可能代表近10亿美元的收入。虽然捆绑多个Powerwall确实降低了单价，但特斯拉最近开始要求在每个Powerwall订单中购买太阳能电池板。综合来看，特斯拉住宅能源产品的订单似乎很容易<b>超过10亿美元</b>.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99880102385b7bbabebfc9b87ecd3a38\" tg-width=\"700\" tg-height=\"522\" referrerpolicy=\"no-referrer\">Each Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?</p><p><blockquote>每个Powerwall的储能容量为13.5千瓦时，这使得特斯拉的积压订单总量超过1吉瓦时。特斯拉什么时候才能赶上Powerwall的需求？</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-15 09:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.  During Elon&nbsp;Musk’stestimony&nbsp;in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.</p><p><blockquote>特斯拉首席执行官Elon Musk周二透露了有关特斯拉业务线之一的关键信息——以下是详细信息。在Elon Musk周二为SolarCity收购相关诉讼辩护的证词中，这位特斯拉首席执行官透露，该公司有大约8万台特斯拉PowerWallOrder等待交付。</blockquote></p><p> Order holders might be waiting awhile.</p><p><blockquote>订单持有者可能会等待一段时间。</blockquote></p><p> Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.</p><p><blockquote>Musk表示，在“最好的情况”下，特斯拉可能能够在第三季度生产3万-3.5万辆Powerwall。这一数字为首席财务官Zachary Kirkhorn对特斯拉第一季度盈利看涨期权的评论提供了新的背景，他表示特斯拉有“多个季度的积压”Powerwall订单。马斯克将有据可查的半导体短缺归因于Powerwall生产限制。</blockquote></p><p> <b>Production</b></p><p><blockquote><b>生产</b></blockquote></p><p> In late May,Tesla announcedthat the company had eclipsed&nbsp;200,000 Powerwalls&nbsp;installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed&nbsp;their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.</p><p><blockquote>5月下旬，特斯拉宣布，自成立以来，该公司已在全球安装了20万个Powerwalls，电池存储总量超过2千兆瓦时。2020年初，特斯拉披露了其第100,000台安装量，这表明去年Powerwall的季度产量约为20,000至25,000台。</blockquote></p><p> While Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.</p><p><blockquote>虽然马斯克第三季度约30,000辆的产量目标无法满足需求，但似乎确实比过去几个季度有所增加。按照目前的生产速度，一些特斯拉Powerwall订购商可能需要等待长达九个月的时间才能交付。</blockquote></p><p> Tesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easily<b>exceed $1 billion</b>.</p><p><blockquote>特斯拉列出的单个Powerwall的价格为10,500美元。凭借80,000份订单，特斯拉的积压订单可能代表近10亿美元的收入。虽然捆绑多个Powerwall确实降低了单价，但特斯拉最近开始要求在每个Powerwall订单中购买太阳能电池板。综合来看，特斯拉住宅能源产品的订单似乎很容易<b>超过10亿美元</b>.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99880102385b7bbabebfc9b87ecd3a38\" tg-width=\"700\" tg-height=\"522\" referrerpolicy=\"no-referrer\">Each Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?</p><p><blockquote>每个Powerwall的储能容量为13.5千瓦时，这使得特斯拉的积压订单总量超过1吉瓦时。特斯拉什么时候才能赶上Powerwall的需求？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/tesla/news/elon-musk-reveals-teslas-billion-dollar-backlog-tsla\">The Street</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":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/tesla/news/elon-musk-reveals-teslas-billion-dollar-backlog-tsla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135572056","content_text":"Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.\n\nDuring Elon Musk’stestimony in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.\nOrder holders might be waiting awhile.\nMusk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.\nProduction\nIn late May,Tesla announcedthat the company had eclipsed 200,000 Powerwalls installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.\nWhile Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.\nTesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easilyexceed $1 billion.\nEach Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144740159,"gmtCreate":1626316260771,"gmtModify":1633927930577,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144740159","repostId":"1196440758","repostType":4,"repost":{"id":"1196440758","kind":"news","pubTimestamp":1625967335,"share":"https://www.laohu8.com/m/news/1196440758?lang=zh_CN&edition=full","pubTime":"2021-07-11 09:35","market":"us","language":"en","title":"2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196440758","media":"Motley Fool","summary":"Both of these companies grew revenue by triple-digit rates in their most recent quarters. More importantly, their futures look bright.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</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>2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-11 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196440758","content_text":"Key Points\n\nGrowth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.\nStay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.\nBoth of these fast-growing tech businesses are already profitable.\n\nThere's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like Waste Management and Berkshire Hathaway. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.\nThe issue with buying growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.\nSo if an investor wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.\nIMAGE SOURCE: GETTY IMAGES.\nHere are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:Zoom Video Communications(NASDAQ:ZM) and Peloton Interactive(NASDAQ:PTON).\nZoom and Peloton were already thriving before the pandemic\nAt first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.\nIt's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.\nThe same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.\nContinued momentum\nThe underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.\nDespite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.\nLooking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.\nBoding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.\nHealthy profits\nFinally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.\nSubstantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.\nWhile there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.","news_type":1,"symbols_score_info":{"PTON":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":1107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148866569,"gmtCreate":1625967687551,"gmtModify":1631888361117,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/148866569","repostId":"1196440758","repostType":4,"repost":{"id":"1196440758","kind":"news","pubTimestamp":1625967335,"share":"https://www.laohu8.com/m/news/1196440758?lang=zh_CN&edition=full","pubTime":"2021-07-11 09:35","market":"us","language":"en","title":"2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196440758","media":"Motley Fool","summary":"Both of these companies grew revenue by triple-digit rates in their most recent quarters. More importantly, their futures look bright.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</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>2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-11 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196440758","content_text":"Key Points\n\nGrowth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.\nStay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.\nBoth of these fast-growing tech businesses are already profitable.\n\nThere's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like Waste Management and Berkshire Hathaway. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.\nThe issue with buying growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.\nSo if an investor wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.\nIMAGE SOURCE: GETTY IMAGES.\nHere are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:Zoom Video Communications(NASDAQ:ZM) and Peloton Interactive(NASDAQ:PTON).\nZoom and Peloton were already thriving before the pandemic\nAt first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.\nIt's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.\nThe same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.\nContinued momentum\nThe underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.\nDespite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.\nLooking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.\nBoding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.\nHealthy profits\nFinally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.\nSubstantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.\nWhile there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.","news_type":1,"symbols_score_info":{"PTON":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151121728,"gmtCreate":1625068349264,"gmtModify":1633945179992,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Wonderful","listText":"Wonderful","text":"Wonderful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/151121728","repostId":"2147146918","repostType":4,"isVote":1,"tweetType":1,"viewCount":1010,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127117270,"gmtCreate":1624839592490,"gmtModify":1633948228304,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Good for cloud business","listText":"Good for cloud business","text":"Good for cloud business","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127117270","repostId":"1104974895","repostType":4,"repost":{"id":"1104974895","kind":"news","pubTimestamp":1624764940,"share":"https://www.laohu8.com/m/news/1104974895?lang=zh_CN&edition=full","pubTime":"2021-06-27 11:35","market":"us","language":"en","title":"Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到2万亿美元。还没做完呢。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104974895","media":"Barrons","summary":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,wh","content":"<p>Microsoft&nbsp;is now the second company to boast a $2 trillion market capitalization, following&nbsp;Apple,which breached that level last August. And Microsoft may go higher yet.</p><p><blockquote>微软现在是继去年8月突破这一水平的苹果之后第二家市值达到2万亿美元的公司。微软可能会走得更高。</blockquote></p><p> Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p><p><blockquote>Wedbush分析师丹尼尔·艾夫斯(Daniel Ives)上周重申了对这家软件巨头的跑赢大盘评级，将该股目标价从310美元上调至325美元。这意味着潜在涨幅超过20%，这将使该公司的市值达到2.4万亿美元。他对该股的热情是由微软的云业务Azure推动的。</blockquote></p><p> On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p><p><blockquote>周三，微软股价小幅上涨0.1%，至265.79美元，创下新高，市值增至2.004万亿美元。（苹果的市值约为2.2万亿美元。）Ives指出，6月份的渠道检查发现对Azure的需求有所改善。“Azure云的增长故事正在进入下一个增长阶段，”他写道。“随着企业范围内数字化转型的加速，我们看到交易规模继续显着增加，首席信息官都专注于让各自的企业为云驱动架构做好准备。”</blockquote></p><p> Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p><p><blockquote>Ives写道，华尔街担心云增长将因疫情而放缓，这与微软看到的交易活动背道而驰，并指出6月份季度的业绩似乎“强劲”。他认为微软在将其已安装的应用程序基础向云的转换方面仍仅完成了约35%。</blockquote></p><p> Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p><p><blockquote>Ives认为持续的全球“数字化转型”是一个1万亿美元的机会，并表示微软将不成比例地受益。“微软仍然是我们最喜欢的大盘云股，我们相信该股将在未来几个季度开始走高……”他写道。“微软的增长故事并没有放缓。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p><p><blockquote></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>Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到2万亿美元。还没做完呢。</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\">\nMicrosoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.<blockquote>微软的云业务市值达到2万亿美元。还没做完呢。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-27 11:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Microsoft&nbsp;is now the second company to boast a $2 trillion market capitalization, following&nbsp;Apple,which breached that level last August. And Microsoft may go higher yet.</p><p><blockquote>微软现在是继去年8月突破这一水平的苹果之后第二家市值达到2万亿美元的公司。微软可能会走得更高。</blockquote></p><p> Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p><p><blockquote>Wedbush分析师丹尼尔·艾夫斯(Daniel Ives)上周重申了对这家软件巨头的跑赢大盘评级，将该股目标价从310美元上调至325美元。这意味着潜在涨幅超过20%，这将使该公司的市值达到2.4万亿美元。他对该股的热情是由微软的云业务Azure推动的。</blockquote></p><p> On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p><p><blockquote>周三，微软股价小幅上涨0.1%，至265.79美元，创下新高，市值增至2.004万亿美元。（苹果的市值约为2.2万亿美元。）Ives指出，6月份的渠道检查发现对Azure的需求有所改善。“Azure云的增长故事正在进入下一个增长阶段，”他写道。“随着企业范围内数字化转型的加速，我们看到交易规模继续显着增加，首席信息官都专注于让各自的企业为云驱动架构做好准备。”</blockquote></p><p> Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p><p><blockquote>Ives写道，华尔街担心云增长将因疫情而放缓，这与微软看到的交易活动背道而驰，并指出6月份季度的业绩似乎“强劲”。他认为微软在将其已安装的应用程序基础向云的转换方面仍仅完成了约35%。</blockquote></p><p> Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p><p><blockquote>Ives认为持续的全球“数字化转型”是一个1万亿美元的机会，并表示微软将不成比例地受益。“微软仍然是我们最喜欢的大盘云股，我们相信该股将在未来几个季度开始走高……”他写道。“微软的增长故事并没有放缓。”</blockquote></p><p> <img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/microsoft-market-cap-51624670572?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":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104974895","content_text":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.\nOn Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”\nWall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.\nIves sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”","news_type":1,"symbols_score_info":{"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127046259,"gmtCreate":1624807562171,"gmtModify":1633948459370,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Go for Nio. Vested","listText":"Go for Nio. Vested","text":"Go for Nio. Vested","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/127046259","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=zh_CN&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销售额是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</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>Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</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\">\nFord Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-27 08:40</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>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销售额是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"NIO":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127046863,"gmtCreate":1624807530652,"gmtModify":1633948459615,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127046863","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124096470,"gmtCreate":1624703527390,"gmtModify":1633949423257,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Apple 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uptrend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/166073005","repostId":"2144742421","repostType":4,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160649385,"gmtCreate":1623797630047,"gmtModify":1634028205484,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569277422888666","authorIdStr":"3569277422888666"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/160649385","repostId":"187142063","repostType":1,"repost":{"id":187142063,"gmtCreate":1623747843652,"gmtModify":1631886579109,"author":{"id":"3569276807889219","authorId":"3569276807889219","name":"mikelin","avatar":"https://static.tigerbbs.com/664a6c42d564553189f888deb89563c0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569276807889219","authorIdStr":"3569276807889219"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/M44U.SI\">$MAPLETREE LOGISTICS TRUST(M44U.SI)$</a>moving up!","listText":"<a href=\"https://laohu8.com/S/M44U.SI\">$MAPLETREE LOGISTICS TRUST(M44U.SI)$</a>moving up!","text":"$MAPLETREE LOGISTICS TRUST(M44U.SI)$moving up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187142063","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":905,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":866357551,"gmtCreate":1632739407773,"gmtModify":1632798198952,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Good strategy to focus on decarbonisation","listText":"Good strategy to focus on decarbonisation","text":"Good strategy to focus on decarbonisation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":23,"repostSize":0,"link":"https://laohu8.com/post/866357551","repostId":"2170460336","repostType":4,"repost":{"id":"2170460336","kind":"news","pubTimestamp":1632736401,"share":"https://www.laohu8.com/m/news/2170460336?lang=zh_CN&edition=full","pubTime":"2021-09-27 17:53","market":"sg","language":"en","title":"Singapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2170460336","media":"The Straits Times","summary":"SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading market","content":"<p><div> SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for ...</p><p><blockquote><div>新加坡——新加坡正在加大力度发展国际碳交易市场和服务生态系统，以支持脱碳...</div></blockquote></p><p>  <a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页链接</a>  </div> </p><p><blockquote><a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页连接</a></blockquote></p><p></p>","source":"straits_highlight","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>Singapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</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\">\nSingapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng<blockquote>新加坡将开发碳信用交易市场以支持脱碳和可持续发展：Tan See Leng</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Straits Times</strong><span class=\"h-time small\">2021-09-27 17:53</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for ...</p><p><blockquote><div>新加坡——新加坡正在加大力度发展国际碳交易市场和服务生态系统，以支持脱碳...</div></blockquote></p><p>  <a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页链接</a>  </div> </p><p><blockquote><a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support\">The Straits 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":{"STI.SI":"富时新加坡海峡指数"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-to-develop-carbon-credit-trading-marketplace-to-support","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170460336","content_text":"SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for Manpower and Second Minister for Trade and Industry, said on Monday (Sept 27).\nSpeaking at the 37th edition of the Asia Pacific Petroleum Conference (APPEC) 2021, Dr Tan said Singapore was looking to increase the trade of voluntary carbon credits, for instance by working with players such as Climate Impact X (CIX) - a Singapore-based global carbon exchange and marketplace.\nA collaborative effort between Singapore Exchangeand DBS Bank, Standard Chartered and Temasek, CIX will connect an ecosystem of partners, leveraging satellite monitoring, machine learning and blockchain to enhance the transparency, integrity and quality of carbon credits.\nThe carbon exchange will be a digital platform for buyers and suppliers to trade large volumes of credits. It will cater primarily to large-scale buyers, including multinational corporations and institutional investors, and will provide the market with price transparency.\nCIX will also develop a digital project marketplace for the purchase of quality carbon credits directly from specific projects.\n\"As a leading commodity trading and financial hub, Singapore is well placed to further our efforts in decarbonisation and sustainability,\" Dr Tan said.\nHe noted that many global players in carbon services such as South Pole of Switzerland and TUV SUD of Germany have established offices in Singapore, serving as embryos for the development of a larger ecosystem.\n\"We are building up capabilities along the value chain by actively anchoring key activities such as project development, financing, and certification here in Singapore,\" the minister said.\nSingapore is also working to improve trust and transparency in international carbon markets.\nWorking closely with international partners such as the World Bank and International Emissions Trading Associations, Singapore aims to advance the Climate Warehouse initiative, a global market infrastructure that seeks to enhance the transparency and environmental integrity of carbon credit transactions.\n\"We are exploring the possibility of anchoring the Climate Warehouse, here in Singapore, and welcoming other interested players to join our ecosystem,\" Dr Tan said.\nHe also said Singapore was committed to helping companies muster the other ingredients required to stay competitive, namely digitalisation, innovation and a strong talent pipeline for their trading activities.\nTo improve the integrity of trade services, the Government has partnered with the industry to develop SGTraDex, a digital platform that facilitates secure data sharing among supply chain ecosystem partners. SGTraDex is expected to be fully rolled out in early 2022.\nTaking the lead from SGTraDex pilot projects, some oil companies have developed their own certification platforms, allowing traders to validate the authenticity of holding certificates and streamline business processes.\n\"This illustrates how the Government can work with businesses in a win-win partnership: we develop the sector's digital infrastructure just as we build physical infrastructure such as roads and MRT stations, with companies riding on this infrastructure to execute their projects and maximise its utility,\" said Dr. Tan.\nOn promoting innovation, he gave the example of the EcoLabs Centre of Innovation for Energy, a joint initiative by Nanyang Technological University (NTU), Enterprise Singapore and the Sustainable Energy Association of Singapore (SEAS).\nEcoLabs supports deep-tech innovation capabilities for sustainability initiatives. Earlier this year, it organised an event which saw start-ups in the energy storage, alternative fuels and hydrogen fields showcase and pitch innovations to potential investors.\nDr Tan said Singapore has a ready pool of talent from various international trading programmes offered by its education institutes.\nHe said educational courses, such as NTU's MBA programme with specialisation in international tradingwhich is a first in Asia, provide companies witha valuable talent pipeline and give them more confidence to establish or expand their operations in Singapore.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":177202431,"gmtCreate":1627218703923,"gmtModify":1633767094164,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/177202431","repostId":"1118041582","repostType":4,"repost":{"id":"1118041582","kind":"news","pubTimestamp":1627175995,"share":"https://www.laohu8.com/m/news/1118041582?lang=zh_CN&edition=full","pubTime":"2021-07-25 09:19","market":"us","language":"en","title":"US IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1118041582","media":"Renaissance Capital","summary":"After another week of record activity, the IPO market is expected to remain hot with 17 IPOs schedul","content":"<p>After another week of record activity, the IPO market is expected to remain hot with 17 IPOs scheduled for the week ahead.</p><p><blockquote>在又一周创纪录的活动之后，IPO市场预计将保持火热，未来一周将有17起IPO。</blockquote></p><p> Long-awaited retail brokerage&nbsp;<b>Robinhood Markets</b>(HOOD) plans to raise $2.2 billion at a $36.8 billion market cap. The company offers a no-commission retail brokerage platform with over 18 million MAUs. Despite triple-digit revenue growth in the 1Q21, the platform is dependent on trading volumes, and the recent retail trading boom may be unsustainable.</p><p><blockquote>期待已久的零售经纪业务<b>罗宾汉市场</b>(HOOD)计划以368亿美元的市值筹集22亿美元。该公司提供无佣金零售经纪平台，月活跃用户数超过1800万。尽管2021年第一季度的收入实现了三位数的增长，但该平台依赖于交易量，最近的零售交易热潮可能难以为继。</blockquote></p><p> Vehicle battery maker&nbsp;<b>Clarios International</b>(BTRY) plans to raise $1.7 billion at a $9.7 billion market cap. The company manufactures low-voltage vehicles batteries globally, stating that it has the number one market position in the Americas and EMEA. Profitable on an EBIT basis, Clarios saw revenue growth accelerate in the 1H FY21 after turning negative in the FY20 due to COVID.</p><p><blockquote>汽车电池制造商<b>Clarios International</b>(BTRY)计划以97亿美元的市值筹集17亿美元。该公司在全球范围内生产低压汽车电池，并表示其在美洲和欧洲、中东和非洲地区拥有第一的市场地位。在息税前利润的基础上，Clarios的收入增长在2020财年因新冠疫情而转为负值后，在2021财年上半年加速。</blockquote></p><p> Altice’s ad-tech platform&nbsp;<b>Teads</b>(TEAD) plans to raise $751 million at a $4.6 billion market cap. Teads operates a cloud-based programmatic digital advertising platform for advertisers and publishers. Profitable with solid growth, Teads provides monetization services to about 3,100 publishers.</p><p><blockquote>Altice的广告技术平台<b>Teads</b>(TEAD)计划以46亿美元的市值筹集7.51亿美元。Teads为广告商和出版商运营一个基于云的程序化数字广告平台。Teads盈利稳健增长，为约3,100家出版商提供货币化服务。</blockquote></p><p> Education software provider&nbsp;<b>PowerSchool Holdings</b>(PWSC) plans to raise $750 million at a $3.7 billion market cap. The company provides an education platform for teachers to manage classroom activities such as collecting work and grading assignments. Serving over 12,000 customers in over 90 countries globally, PowerSchool turned profitable on a net income basis in the 1Q21.</p><p><blockquote>教育软件提供商<b>动力学校控股</b>(PWSC)计划以37亿美元的市值筹集7.5亿美元。该公司为教师提供了一个教育平台，用于管理课堂活动，如收集作业和评分作业。PowerSchool为全球90多个国家的12,000多名客户提供服务，在2021年第一季度实现了净利润盈利。</blockquote></p><p> After withdrawing its IPO attempt in 2018,<b>Dole</b>(DOLE) plans to raise $559 million at a $2.0 billion market cap. This leading fruit and vegetable company offers over 300 products sourced from over 30 countries to over 80 countries globally. Slow growing and profitable, Dole's offering is being made in connection with its merger with Total Produce.</p><p><blockquote>在2018年撤回IPO尝试后，<b>多尔</b>（都乐）计划以20亿美元的市值筹集5.59亿美元。这家领先的水果和蔬菜公司向全球80多个国家提供来自30多个国家的300多种产品。都乐增长缓慢且盈利，其产品是与Total Product合并时推出的。</blockquote></p><p> Language learning platform&nbsp;<b>Duolingo</b>(DUOL) plans to raise $460 million at a $4.1 billion market cap. Duolingo provides an online platform for over 300 million users to learn over 30 new languages. Benefiting from a COVID-related boost in demand, Duolingo posted triple-digit growth in 2020.</p><p><blockquote>语言学习平台<b>多邻国</b>(DUOL)计划以41亿美元的市值筹集4.6亿美元。多邻国为超过3亿用户提供了一个学习30多种新语言的在线平台。受益于与新冠疫情相关的需求增长，多邻国在2020年实现了三位数的增长。</blockquote></p><p> <b>Traeger</b>(COOK) plans to raise $400 million at a $2.2 billion market cap. This company makes premium backyard wood pellet grills with a tech feature, allowing owners to program, monitor, and control their grill through the Traeger app. Traeger is a category leader of the wood pellet grill, growing revenue at a 28% CAGR from 2017 to 2020.</p><p><blockquote><b>特雷格</b>（库克）计划以22亿美元的市值筹集4亿美元。这家公司生产具有技术功能的优质后院木质颗粒烤架，允许业主通过Traeger应用程序对他们的烤架进行编程、监控和控制。Traeger是木质颗粒烤架的类别领导者，从2017年到2020年，收入以28%的CAGR增长。</blockquote></p><p> Israeli anti-fraud firm&nbsp;<b>Riskified</b>(RSKD) plans to raise $333 million at a $3.1 billion market cap. This company provides e-commerce fraud protection for enterprises. Growing but unprofitable, Riskified saw its free cash flow swing positive in the 1Q21.</p><p><blockquote>以色列反欺诈公司<b>风险化</b>(RSKD)计划以31亿美元的市值筹集3.33亿美元。这家公司为企业提供电子商务欺诈保护。Riskified不断增长但尚未盈利，其自由现金流在2021年第一季度上转为正值。</blockquote></p><p> Financial software provider&nbsp;<b>MeridianLink</b>(MLNK) plans to raise $300 million at a $2.1 billion market cap. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions. Although business is cyclical, the company saw double-digit organic growth in the FY20 due to strong mortgage activity.</p><p><blockquote>财务软件提供商<b>子午线链接</b>(MLNK)计划以21亿美元的市值筹集3亿美元。MeridianLink为中端市场社区银行和信用合作社提供基于云的数字借贷和开户平台。尽管业务具有周期性，但由于强劲的抵押贷款活动，该公司在2020财年实现了两位数的有机增长。</blockquote></p><p> Smart home integration system&nbsp;<b>Snap One Holdings</b>(SNPO) plans to raise $270 million at a $1.5 billion market cap. This company provides smart home technology products to over 16,000 professional integrators. Snap One has demonstrated solid growth and was profitable on an EBIT basis in the 1Q21.</p><p><blockquote>智能家居集成系统<b>Snap一号控股</b>(SNPO)计划以15亿美元的市值筹集2.7亿美元。该公司为超过16,000家专业集成商提供智能家居技术产品。Snap一号表现出稳健的增长，并在2021年第一季度按息税前利润计算实现盈利。</blockquote></p><p> Specialty funding solutions provider&nbsp;<b>Preston Hollow Community Capital</b>(PHCC) plans to raise $200 million at a $2.3 billion market cap. This company is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the US. It serves a variety of areas, including infrastructure, education, healthcare, and housing.</p><p><blockquote>专业融资解决方案提供商<b>普雷斯顿霍洛社区资本</b>(PHCC)计划以23亿美元的市值筹集2亿美元。该公司是为对美国当地社区具有重大社会和经济重要性的项目提供专业影响力融资解决方案的市场领导者。它服务于各种领域，包括基础设施、教育、医疗保健和住房。</blockquote></p><p> Vaccine biotech&nbsp;<b>Icosavax</b>(ICVX) plans to raise $150 million at a $590 million market cap. This clinical stage biotech is initially focused on developing vaccines against infectious respiratory diseases using its virus-like particle platform technology. Its most advanced candidate is currently in a Phase 1/2 trial for SARS-CoV-2.</p><p><blockquote>疫苗生物技术<b>Icosavax</b>(ICVX)计划以5.9亿美元的市值筹集1.5亿美元。这一临床阶段的生物技术最初专注于利用其病毒样颗粒平台技术开发针对传染性呼吸道疾病的疫苗。其最先进的候选药物目前正处于新型冠状病毒病的1/2期试验中。</blockquote></p><p> Cancer biotech&nbsp;<b>Candel Therapeutics</b>(CADL) plans to raise $85 million at a $398 million market cap. Candel's most advanced candidate is currently in a Phase 3 trial in combination with prodrug valacyclovir for newly diagnosed localized prostate cancer with an intermediate or high-risk for progression. The company expects to complete enrollment in the 3Q21 with a final data readout in 2024.</p><p><blockquote>癌症生物技术<b>坎德尔治疗公司</b>(CADL)计划以3.98亿美元的市值筹集8500万美元。Candel最先进的候选药物目前正在与前药伐昔洛韦联合治疗新诊断的中度或高风险进展的局限性前列腺癌的3期试验中。该公司预计将在2024年完成2021年第三季度的注册并公布最终数据。</blockquote></p><p></p><p> Rare disease biotech&nbsp;<b>Rallybio</b>(RLYB) plans to raise $81 million at a $465 million market cap. This clinical stage biotech is developing antibody therapies for rare diseases. Its lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.</p><p><blockquote>罕见病生物技术<b>拉利比奥</b>(RLYB)计划以4.65亿美元的市值筹集8100万美元。这一临床阶段的生物技术正在开发罕见疾病的抗体疗法。其主导项目目前正在1/2期试验中评估治疗胎儿和新生儿同种免疫性血小板减少症。</blockquote></p><p> <b>Ocean Biomedical</b>(OCEA) plans to raise $50 million at a $506 million market cap. The company is currently pursuing preclinical programs in oncology, fibrosis, infectious disease, and inflammation that have been licensed directly or indirectly from Brown University, Stanford University, and Rhode Island Hospital.</p><p><blockquote><b>海洋生物医学</b>(OCEA)计划以5.06亿美元的市值筹集5000万美元。该公司目前正在开展肿瘤学、纤维化、传染病和炎症方面的临床前项目，这些项目已直接或间接获得布朗大学、斯坦福大学和罗德岛医院的许可。</blockquote></p><p> After postponing in November 2020,<b>IN8bio</b>(INAB) plans to raise $44 million at a $215 million market cap. This Phase 1 biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors. Although gamma-delta T cells could potentially treat solid tumors, the company is very early stage and has dosed a limited number of patients.</p><p><blockquote>2020年11月延期后，<b>IN8bio</b>(INAB)计划以2.15亿美元的市值筹集4400万美元。这家1期生物技术公司正在开发同种异体γ-δ T细胞疗法来治疗实体瘤。尽管γ-δ T细胞有可能治疗实体瘤，但该公司还处于非常早期的阶段，并且仅为有限数量的患者提供了剂量。</blockquote></p><p> Female cancer biotech&nbsp;<b>Context Therapeutics</b>(CNTX) plans to raise $20 million at a $93 million market cap. Context is developing treatments for female cancers, such as breast, ovarian, and endometrial cancer. The company’s lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the 2H21 and the 1H22.</p><p><blockquote>女性癌症生物技术<b>情境疗法</b>(CNTX)计划以9300万美元的市值筹集2000万美元。背景是开发女性癌症的治疗方法，如乳腺癌、卵巢癌和子宫内膜癌。该公司的主要候选药物目前正处于卵巢癌和子宫内膜癌的2期试验中，预计将于21年下半年和22年上半年获得初步结果。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4b38a8af5f92621b2633830553616b5d\" tg-width=\"1271\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5faec597a337345b21c846808295821d\" tg-width=\"1272\" tg-height=\"676\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/021cc62ff4eaabd0b6a7dee91fc0d63e\" tg-width=\"1270\" tg-height=\"483\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/22/2021, the Renaissance IPO Index was down 1.0% year-to-date, while the S&amp;P 500 was up 16.3%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 3.0% year-to-date, while the ACWX was up 8.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include EQT Partners and Smoore International.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2021年7月22日，文艺复兴IPO指数今年迄今下跌1.0%，而标普500上涨16.3%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌3.0%，而ACWX指数上涨8.1%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括EQT Partners和思摩尔国际。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</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\">\nUS IPO Week Ahead: 17 IPOs are coming<blockquote>未来一周美国IPO：17家IPO即将上市</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-07-25 09:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After another week of record activity, the IPO market is expected to remain hot with 17 IPOs scheduled for the week ahead.</p><p><blockquote>在又一周创纪录的活动之后，IPO市场预计将保持火热，未来一周将有17起IPO。</blockquote></p><p> Long-awaited retail brokerage&nbsp;<b>Robinhood Markets</b>(HOOD) plans to raise $2.2 billion at a $36.8 billion market cap. The company offers a no-commission retail brokerage platform with over 18 million MAUs. Despite triple-digit revenue growth in the 1Q21, the platform is dependent on trading volumes, and the recent retail trading boom may be unsustainable.</p><p><blockquote>期待已久的零售经纪业务<b>罗宾汉市场</b>(HOOD)计划以368亿美元的市值筹集22亿美元。该公司提供无佣金零售经纪平台，月活跃用户数超过1800万。尽管2021年第一季度的收入实现了三位数的增长，但该平台依赖于交易量，最近的零售交易热潮可能难以为继。</blockquote></p><p> Vehicle battery maker&nbsp;<b>Clarios International</b>(BTRY) plans to raise $1.7 billion at a $9.7 billion market cap. The company manufactures low-voltage vehicles batteries globally, stating that it has the number one market position in the Americas and EMEA. Profitable on an EBIT basis, Clarios saw revenue growth accelerate in the 1H FY21 after turning negative in the FY20 due to COVID.</p><p><blockquote>汽车电池制造商<b>Clarios International</b>(BTRY)计划以97亿美元的市值筹集17亿美元。该公司在全球范围内生产低压汽车电池，并表示其在美洲和欧洲、中东和非洲地区拥有第一的市场地位。在息税前利润的基础上，Clarios的收入增长在2020财年因新冠疫情而转为负值后，在2021财年上半年加速。</blockquote></p><p> Altice’s ad-tech platform&nbsp;<b>Teads</b>(TEAD) plans to raise $751 million at a $4.6 billion market cap. Teads operates a cloud-based programmatic digital advertising platform for advertisers and publishers. Profitable with solid growth, Teads provides monetization services to about 3,100 publishers.</p><p><blockquote>Altice的广告技术平台<b>Teads</b>(TEAD)计划以46亿美元的市值筹集7.51亿美元。Teads为广告商和出版商运营一个基于云的程序化数字广告平台。Teads盈利稳健增长，为约3,100家出版商提供货币化服务。</blockquote></p><p> Education software provider&nbsp;<b>PowerSchool Holdings</b>(PWSC) plans to raise $750 million at a $3.7 billion market cap. The company provides an education platform for teachers to manage classroom activities such as collecting work and grading assignments. Serving over 12,000 customers in over 90 countries globally, PowerSchool turned profitable on a net income basis in the 1Q21.</p><p><blockquote>教育软件提供商<b>动力学校控股</b>(PWSC)计划以37亿美元的市值筹集7.5亿美元。该公司为教师提供了一个教育平台，用于管理课堂活动，如收集作业和评分作业。PowerSchool为全球90多个国家的12,000多名客户提供服务，在2021年第一季度实现了净利润盈利。</blockquote></p><p> After withdrawing its IPO attempt in 2018,<b>Dole</b>(DOLE) plans to raise $559 million at a $2.0 billion market cap. This leading fruit and vegetable company offers over 300 products sourced from over 30 countries to over 80 countries globally. Slow growing and profitable, Dole's offering is being made in connection with its merger with Total Produce.</p><p><blockquote>在2018年撤回IPO尝试后，<b>多尔</b>（都乐）计划以20亿美元的市值筹集5.59亿美元。这家领先的水果和蔬菜公司向全球80多个国家提供来自30多个国家的300多种产品。都乐增长缓慢且盈利，其产品是与Total Product合并时推出的。</blockquote></p><p> Language learning platform&nbsp;<b>Duolingo</b>(DUOL) plans to raise $460 million at a $4.1 billion market cap. Duolingo provides an online platform for over 300 million users to learn over 30 new languages. Benefiting from a COVID-related boost in demand, Duolingo posted triple-digit growth in 2020.</p><p><blockquote>语言学习平台<b>多邻国</b>(DUOL)计划以41亿美元的市值筹集4.6亿美元。多邻国为超过3亿用户提供了一个学习30多种新语言的在线平台。受益于与新冠疫情相关的需求增长，多邻国在2020年实现了三位数的增长。</blockquote></p><p> <b>Traeger</b>(COOK) plans to raise $400 million at a $2.2 billion market cap. This company makes premium backyard wood pellet grills with a tech feature, allowing owners to program, monitor, and control their grill through the Traeger app. Traeger is a category leader of the wood pellet grill, growing revenue at a 28% CAGR from 2017 to 2020.</p><p><blockquote><b>特雷格</b>（库克）计划以22亿美元的市值筹集4亿美元。这家公司生产具有技术功能的优质后院木质颗粒烤架，允许业主通过Traeger应用程序对他们的烤架进行编程、监控和控制。Traeger是木质颗粒烤架的类别领导者，从2017年到2020年，收入以28%的CAGR增长。</blockquote></p><p> Israeli anti-fraud firm&nbsp;<b>Riskified</b>(RSKD) plans to raise $333 million at a $3.1 billion market cap. This company provides e-commerce fraud protection for enterprises. Growing but unprofitable, Riskified saw its free cash flow swing positive in the 1Q21.</p><p><blockquote>以色列反欺诈公司<b>风险化</b>(RSKD)计划以31亿美元的市值筹集3.33亿美元。这家公司为企业提供电子商务欺诈保护。Riskified不断增长但尚未盈利，其自由现金流在2021年第一季度上转为正值。</blockquote></p><p> Financial software provider&nbsp;<b>MeridianLink</b>(MLNK) plans to raise $300 million at a $2.1 billion market cap. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions. Although business is cyclical, the company saw double-digit organic growth in the FY20 due to strong mortgage activity.</p><p><blockquote>财务软件提供商<b>子午线链接</b>(MLNK)计划以21亿美元的市值筹集3亿美元。MeridianLink为中端市场社区银行和信用合作社提供基于云的数字借贷和开户平台。尽管业务具有周期性，但由于强劲的抵押贷款活动，该公司在2020财年实现了两位数的有机增长。</blockquote></p><p> Smart home integration system&nbsp;<b>Snap One Holdings</b>(SNPO) plans to raise $270 million at a $1.5 billion market cap. This company provides smart home technology products to over 16,000 professional integrators. Snap One has demonstrated solid growth and was profitable on an EBIT basis in the 1Q21.</p><p><blockquote>智能家居集成系统<b>Snap一号控股</b>(SNPO)计划以15亿美元的市值筹集2.7亿美元。该公司为超过16,000家专业集成商提供智能家居技术产品。Snap一号表现出稳健的增长，并在2021年第一季度按息税前利润计算实现盈利。</blockquote></p><p> Specialty funding solutions provider&nbsp;<b>Preston Hollow Community Capital</b>(PHCC) plans to raise $200 million at a $2.3 billion market cap. This company is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the US. It serves a variety of areas, including infrastructure, education, healthcare, and housing.</p><p><blockquote>专业融资解决方案提供商<b>普雷斯顿霍洛社区资本</b>(PHCC)计划以23亿美元的市值筹集2亿美元。该公司是为对美国当地社区具有重大社会和经济重要性的项目提供专业影响力融资解决方案的市场领导者。它服务于各种领域，包括基础设施、教育、医疗保健和住房。</blockquote></p><p> Vaccine biotech&nbsp;<b>Icosavax</b>(ICVX) plans to raise $150 million at a $590 million market cap. This clinical stage biotech is initially focused on developing vaccines against infectious respiratory diseases using its virus-like particle platform technology. Its most advanced candidate is currently in a Phase 1/2 trial for SARS-CoV-2.</p><p><blockquote>疫苗生物技术<b>Icosavax</b>(ICVX)计划以5.9亿美元的市值筹集1.5亿美元。这一临床阶段的生物技术最初专注于利用其病毒样颗粒平台技术开发针对传染性呼吸道疾病的疫苗。其最先进的候选药物目前正处于新型冠状病毒病的1/2期试验中。</blockquote></p><p> Cancer biotech&nbsp;<b>Candel Therapeutics</b>(CADL) plans to raise $85 million at a $398 million market cap. Candel's most advanced candidate is currently in a Phase 3 trial in combination with prodrug valacyclovir for newly diagnosed localized prostate cancer with an intermediate or high-risk for progression. The company expects to complete enrollment in the 3Q21 with a final data readout in 2024.</p><p><blockquote>癌症生物技术<b>坎德尔治疗公司</b>(CADL)计划以3.98亿美元的市值筹集8500万美元。Candel最先进的候选药物目前正在与前药伐昔洛韦联合治疗新诊断的中度或高风险进展的局限性前列腺癌的3期试验中。该公司预计将在2024年完成2021年第三季度的注册并公布最终数据。</blockquote></p><p></p><p> Rare disease biotech&nbsp;<b>Rallybio</b>(RLYB) plans to raise $81 million at a $465 million market cap. This clinical stage biotech is developing antibody therapies for rare diseases. Its lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.</p><p><blockquote>罕见病生物技术<b>拉利比奥</b>(RLYB)计划以4.65亿美元的市值筹集8100万美元。这一临床阶段的生物技术正在开发罕见疾病的抗体疗法。其主导项目目前正在1/2期试验中评估治疗胎儿和新生儿同种免疫性血小板减少症。</blockquote></p><p> <b>Ocean Biomedical</b>(OCEA) plans to raise $50 million at a $506 million market cap. The company is currently pursuing preclinical programs in oncology, fibrosis, infectious disease, and inflammation that have been licensed directly or indirectly from Brown University, Stanford University, and Rhode Island Hospital.</p><p><blockquote><b>海洋生物医学</b>(OCEA)计划以5.06亿美元的市值筹集5000万美元。该公司目前正在开展肿瘤学、纤维化、传染病和炎症方面的临床前项目，这些项目已直接或间接获得布朗大学、斯坦福大学和罗德岛医院的许可。</blockquote></p><p> After postponing in November 2020,<b>IN8bio</b>(INAB) plans to raise $44 million at a $215 million market cap. This Phase 1 biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors. Although gamma-delta T cells could potentially treat solid tumors, the company is very early stage and has dosed a limited number of patients.</p><p><blockquote>2020年11月延期后，<b>IN8bio</b>(INAB)计划以2.15亿美元的市值筹集4400万美元。这家1期生物技术公司正在开发同种异体γ-δ T细胞疗法来治疗实体瘤。尽管γ-δ T细胞有可能治疗实体瘤，但该公司还处于非常早期的阶段，并且仅为有限数量的患者提供了剂量。</blockquote></p><p> Female cancer biotech&nbsp;<b>Context Therapeutics</b>(CNTX) plans to raise $20 million at a $93 million market cap. Context is developing treatments for female cancers, such as breast, ovarian, and endometrial cancer. The company’s lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the 2H21 and the 1H22.</p><p><blockquote>女性癌症生物技术<b>情境疗法</b>(CNTX)计划以9300万美元的市值筹集2000万美元。背景是开发女性癌症的治疗方法，如乳腺癌、卵巢癌和子宫内膜癌。该公司的主要候选药物目前正处于卵巢癌和子宫内膜癌的2期试验中，预计将于21年下半年和22年上半年获得初步结果。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4b38a8af5f92621b2633830553616b5d\" tg-width=\"1271\" tg-height=\"702\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5faec597a337345b21c846808295821d\" tg-width=\"1272\" tg-height=\"676\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/021cc62ff4eaabd0b6a7dee91fc0d63e\" tg-width=\"1270\" tg-height=\"483\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/22/2021, the Renaissance IPO Index was down 1.0% year-to-date, while the S&amp;P 500 was up 16.3%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 3.0% year-to-date, while the ACWX was up 8.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include EQT Partners and Smoore International.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至2021年7月22日，文艺复兴IPO指数今年迄今下跌1.0%，而标普500上涨16.3%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌3.0%，而ACWX指数上涨8.1%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括EQT Partners和思摩尔国际。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/84600/US-IPO-Week-Ahead-Robinhood%E2%80%99s-billion-dollar-deal-headlines-a-17-IPO-week\">Renaissance Capital</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":{"COOK":"Traeger Inc. (TGPX Holdings I LLC)","ICVX":"Icosavax, Inc.","FEOVF":"Oceanic Iron Ore Corp.",".DJI":"道琼斯","TEAD":"Teads Holding","DUOL":"多邻国","SNPO":"Snap One Holdings Corp.","DOLE":"都乐食品","RSKD":"Riskified Ltd.","MLNK":"MeridianLink, Inc. (ex-Project Angel Parent, LLC)",".IXIC":"NASDAQ Composite","HOOD":"Robinhood","CNTX":"Context Therapeutics Inc.",".SPX":"S&P 500 Index","INAB":"IN8bio, Inc.","PWSC":"PowerSchool Holdings, Inc.","RLYB":"Rallybio Corp.","CADLF":"CADELER AS"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/84600/US-IPO-Week-Ahead-Robinhood%E2%80%99s-billion-dollar-deal-headlines-a-17-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118041582","content_text":"After another week of record activity, the IPO market is expected to remain hot with 17 IPOs scheduled for the week ahead.\nLong-awaited retail brokerage Robinhood Markets(HOOD) plans to raise $2.2 billion at a $36.8 billion market cap. The company offers a no-commission retail brokerage platform with over 18 million MAUs. Despite triple-digit revenue growth in the 1Q21, the platform is dependent on trading volumes, and the recent retail trading boom may be unsustainable.\nVehicle battery maker Clarios International(BTRY) plans to raise $1.7 billion at a $9.7 billion market cap. The company manufactures low-voltage vehicles batteries globally, stating that it has the number one market position in the Americas and EMEA. Profitable on an EBIT basis, Clarios saw revenue growth accelerate in the 1H FY21 after turning negative in the FY20 due to COVID.\nAltice’s ad-tech platform Teads(TEAD) plans to raise $751 million at a $4.6 billion market cap. Teads operates a cloud-based programmatic digital advertising platform for advertisers and publishers. Profitable with solid growth, Teads provides monetization services to about 3,100 publishers.\nEducation software provider PowerSchool Holdings(PWSC) plans to raise $750 million at a $3.7 billion market cap. The company provides an education platform for teachers to manage classroom activities such as collecting work and grading assignments. Serving over 12,000 customers in over 90 countries globally, PowerSchool turned profitable on a net income basis in the 1Q21.\nAfter withdrawing its IPO attempt in 2018,Dole(DOLE) plans to raise $559 million at a $2.0 billion market cap. This leading fruit and vegetable company offers over 300 products sourced from over 30 countries to over 80 countries globally. Slow growing and profitable, Dole's offering is being made in connection with its merger with Total Produce.\nLanguage learning platform Duolingo(DUOL) plans to raise $460 million at a $4.1 billion market cap. Duolingo provides an online platform for over 300 million users to learn over 30 new languages. Benefiting from a COVID-related boost in demand, Duolingo posted triple-digit growth in 2020.\nTraeger(COOK) plans to raise $400 million at a $2.2 billion market cap. This company makes premium backyard wood pellet grills with a tech feature, allowing owners to program, monitor, and control their grill through the Traeger app. Traeger is a category leader of the wood pellet grill, growing revenue at a 28% CAGR from 2017 to 2020.\nIsraeli anti-fraud firm Riskified(RSKD) plans to raise $333 million at a $3.1 billion market cap. This company provides e-commerce fraud protection for enterprises. Growing but unprofitable, Riskified saw its free cash flow swing positive in the 1Q21.\nFinancial software provider MeridianLink(MLNK) plans to raise $300 million at a $2.1 billion market cap. MeridianLink offers a cloud-based digital lending and account opening platform for mid-market community banks and credit unions. Although business is cyclical, the company saw double-digit organic growth in the FY20 due to strong mortgage activity.\nSmart home integration system Snap One Holdings(SNPO) plans to raise $270 million at a $1.5 billion market cap. This company provides smart home technology products to over 16,000 professional integrators. Snap One has demonstrated solid growth and was profitable on an EBIT basis in the 1Q21.\nSpecialty funding solutions provider Preston Hollow Community Capital(PHCC) plans to raise $200 million at a $2.3 billion market cap. This company is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the US. It serves a variety of areas, including infrastructure, education, healthcare, and housing.\nVaccine biotech Icosavax(ICVX) plans to raise $150 million at a $590 million market cap. This clinical stage biotech is initially focused on developing vaccines against infectious respiratory diseases using its virus-like particle platform technology. Its most advanced candidate is currently in a Phase 1/2 trial for SARS-CoV-2.\nCancer biotech Candel Therapeutics(CADL) plans to raise $85 million at a $398 million market cap. Candel's most advanced candidate is currently in a Phase 3 trial in combination with prodrug valacyclovir for newly diagnosed localized prostate cancer with an intermediate or high-risk for progression. The company expects to complete enrollment in the 3Q21 with a final data readout in 2024.\nRare disease biotech Rallybio(RLYB) plans to raise $81 million at a $465 million market cap. This clinical stage biotech is developing antibody therapies for rare diseases. Its lead program is currently being evaluated to treat fetal and neonatal alloimmune thrombocytopenia in a Phase 1/2 trial.\nOcean Biomedical(OCEA) plans to raise $50 million at a $506 million market cap. The company is currently pursuing preclinical programs in oncology, fibrosis, infectious disease, and inflammation that have been licensed directly or indirectly from Brown University, Stanford University, and Rhode Island Hospital.\nAfter postponing in November 2020,IN8bio(INAB) plans to raise $44 million at a $215 million market cap. This Phase 1 biotech is developing allogeneic gamma-delta T cell therapies to treat solid tumors. Although gamma-delta T cells could potentially treat solid tumors, the company is very early stage and has dosed a limited number of patients.\nFemale cancer biotech Context Therapeutics(CNTX) plans to raise $20 million at a $93 million market cap. Context is developing treatments for female cancers, such as breast, ovarian, and endometrial cancer. The company’s lead candidate is currently in Phase 2 trials for ovarian and endometrial cancer, with preliminary results expected in the 2H21 and the 1H22.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 7/22/2021, the Renaissance IPO Index was down 1.0% year-to-date, while the S&P 500 was up 16.3%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 3.0% year-to-date, while the ACWX was up 8.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include EQT Partners and Smoore International.","news_type":1,"symbols_score_info":{"CNTX":0.9,"PHCC":0.9,"RLYB":0.9,"BTRY":0.9,"HOOD":0.9,"CADLF":0.9,".IXIC":0.9,"FEOVF":0.9,".DJI":0.9,".SPX":0.9,"PWSC":0.9,"SNPO":0.9,"DOLE":0.9,"COOK":0.9,"TEAD":0.9,"INAB":0.9,"RSKD":0.9,"MLNK":0.9,"ICVX":0.9,"DUOL":0.9}},"isVote":1,"tweetType":1,"viewCount":2189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196945700,"gmtCreate":1621008476800,"gmtModify":1634194576223,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"My friend and I r vested","listText":"My friend and I r vested","text":"My friend and I r vested","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/196945700","repostId":"1103478451","repostType":4,"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372517049,"gmtCreate":1619227243781,"gmtModify":1634287639769,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"It is possible&nbsp;","listText":"It is possible&nbsp;","text":"It is possible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/372517049","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377316803,"gmtCreate":1619496272502,"gmtModify":1634212275268,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Looking ready for big rally","listText":"Looking ready for big rally","text":"Looking ready for big rally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/377316803","repostId":"1190086074","repostType":4,"repost":{"id":"1190086074","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":1619480390,"share":"https://www.laohu8.com/m/news/1190086074?lang=zh_CN&edition=full","pubTime":"2021-04-27 07:39","market":"us","language":"en","title":"Tesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创纪录4.38亿美元营收暴增74%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190086074","media":"Tiger Newspress","summary":"Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv","content":"<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul>Tesla&nbsp;reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><blockquote><ul><li>特斯拉报告本季度净利润达到创纪录的4.38亿美元，每股收益为93美分，营收为103.9亿美元。</li><li>该公司在财报中表示，通过“极快地转向新的微控制器，同时为新供应商制造的新芯片开发固件”，它已经度过了困扰汽车行业的芯片短缺问题。</li><li>在财报看涨期权上，首席执行官Elon Musk表示，该公司推迟的新版Model S轿车将于2021年5月开始交付，Model X将于今年第三季度开始交付。</li></ul>特斯拉周一盘后公布了第一季度业绩。在比特币销售和监管信贷的提振下，该公司轻松超出预期，但随着投资者消化这些数据，该股盘后下跌2.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><p><blockquote>以下是该公司本季度的表现，与Refinitiv编制的分析师预期相比：</blockquote></p><p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from&nbsp;sales of bitcoin&nbsp;during the quarter.</p><p><blockquote><ul><li><b>收益：</b>每股93美分，预期每股79美分</li><li><b>收入：</b>103.9亿美元，预期为102.9亿美元，同比增长74%</li></ul>按GAAP计算，净利润达到季度创纪录的4.38亿美元，该公司在此期间从监管信贷销售中获得了5.18亿美元的收入。本季度比特币销售还带来了1.01亿美元的积极影响。</blockquote></p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter&nbsp;vehicle deliveries of 184,800&nbsp;Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p><blockquote>首席执行官Elon Musk的电动汽车业务报告称，第一季度Model 3和Model Y汽车交付量为18.48万辆，超出预期，创下了特斯拉的纪录。不过，该公司还表示，截至3月份，该公司没有生产任何高端Model S轿车或Model X SUV。它从库存中交付了2,020辆旧款Model S轿车和Model X SUV。</blockquote></p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p><blockquote>在周一的财报看涨期权上，Musk表示，该公司新版Model S轿车最终将于2021年5月开始向客户交付，Model X将于今年第三季度开始交付。Musk和CFO Zachary Kirkhorn均表示，供应链问题可能仍是特斯拉今年面临的挑战。</blockquote></p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p><blockquote>2021年1月（在2020年第四季度财报更新期间），马斯克曾表示，Model S Plaid已经投入生产，将于2021年2月开始交付。但他周一承认，在生产这些车辆的更新版本时，“存在比预期更多的挑战”。他没有详细说明。</blockquote></p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p><blockquote>特斯拉目前的目标是在今年晚些时候每周生产2,000辆Model S和X汽车。</blockquote></p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p><blockquote>该公司周一表示，预计2021年汽车交付量总体增长将超过50%，这意味着今年的最低交付量约为75万辆。</blockquote></p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p><blockquote>事实上，特斯拉的汽车销量同比增长超过100%，但服务中心仅增长28%，移动服务车队仅增长22%，这解释了为什么一些特斯拉客户面临令人沮丧的漫长维修等待时间。服务扩张跟不上车辆销量的步伐。</blockquote></p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p><blockquote>特斯拉表示，它通过“极快地转向新的微控制器，同时为新供应商制造的新芯片开发固件”，部分克服了困扰汽车行业的芯片短缺问题。它没有透露新供应商的名称。</blockquote></p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p><blockquote>它还重申了马斯克经常声称的摄像头而不是雷达是自动驾驶汽车的更好途径。“我们基于人工智能的软件架构越来越依赖摄像头，以至于雷达比预期更早变得不必要。因此，我们的FSD（全自动驾驶）团队完全专注于向基于视觉的自动驾驶系统发展，我们几乎准备好将美国市场转向特斯拉视觉，”该公司在财报中表示。</blockquote></p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p><blockquote>与2020年同期相比，特斯拉能源发电和存储业务的收入几乎翻了一番，当时马斯克表示，当时新冠疫情是一种新兴流行病，导致其能源业务放缓。但能源收入从第四季度的7.87亿美元下降至2021年第一季度的5.95亿美元。</blockquote></p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some&nbsp;vexed customers.</p><p><blockquote>最近，特斯拉将其太阳能屋顶的价格提高了50%，现在要求任何订购太阳能光伏（包括特斯拉太阳能屋顶瓦片）的人也必须订购特斯拉的家庭储能系统Powerwall。突然的价格变化追溯适用于一些恼怒的顾客。</blockquote></p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p><blockquote>马斯克在2021年第一季度看涨期权上表示，他的目标是让拥有太阳能屋顶和特斯拉电池的家庭成为“巨型分布式公用事业公司”，可以帮助现有电力公司在需求和极端天气事件增加时为客户提供所需的所有电力。</blockquote></p><p></p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p><blockquote>高管们没有透露他们将如何改变供应商的电池生产或组合，以便在2021年生产更多的汽车和储能产品。</blockquote></p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p><blockquote>Musk表示，该公司自主开发并在加州Fremont的一家试点工厂生产的4680电池还不够可靠，无法用特斯拉汽车运输。他表示，特斯拉可能会在12至18个月内“实现批量生产”这些电池。</blockquote></p><p>The company revealed in February it purchased&nbsp;$1.5 billion in bitcoin&nbsp;and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p><p><blockquote>该公司在2月份透露，它购买了15亿美元的比特币，并可能在未来投资其他加密货币。到4月份，比特币升至创纪录水平，然后回落。特斯拉在其现金流量表中透露，该公司在本季度出售了价值2.72亿美元的“数字资产”，可能是比特币。</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>Tesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创纪录4.38亿美元营收暴增74%</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\">\nTesla posts record net income of $438 million, revenue surges by 74%<blockquote>特斯拉净利润创纪录4.38亿美元营收暴增74%</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\">2021-04-27 07:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.</li><li>In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”</li><li>On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.</li></ul>Tesla&nbsp;reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.</p><p><blockquote><ul><li>特斯拉报告本季度净利润达到创纪录的4.38亿美元，每股收益为93美分，营收为103.9亿美元。</li><li>该公司在财报中表示，通过“极快地转向新的微控制器，同时为新供应商制造的新芯片开发固件”，它已经度过了困扰汽车行业的芯片短缺问题。</li><li>在财报看涨期权上，首席执行官Elon Musk表示，该公司推迟的新版Model S轿车将于2021年5月开始交付，Model X将于今年第三季度开始交付。</li></ul>特斯拉周一盘后公布了第一季度业绩。在比特币销售和监管信贷的提振下，该公司轻松超出预期，但随着投资者消化这些数据，该股盘后下跌2.5%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/fec5c52f391c1077b749edc13b7b3417\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:</p><p><blockquote>以下是该公司本季度的表现，与Refinitiv编制的分析师预期相比：</blockquote></p><p><ul><li><b>Earnings:</b>93 cents per share vs. 79 cents per share expected</li><li><b>Revenue:</b>$10.39 billion vs. $10.29 billion expected, up 74% from a year ago</li></ul>Net profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from&nbsp;sales of bitcoin&nbsp;during the quarter.</p><p><blockquote><ul><li><b>收益：</b>每股93美分，预期每股79美分</li><li><b>收入：</b>103.9亿美元，预期为102.9亿美元，同比增长74%</li></ul>按GAAP计算，净利润达到季度创纪录的4.38亿美元，该公司在此期间从监管信贷销售中获得了5.18亿美元的收入。本季度比特币销售还带来了1.01亿美元的积极影响。</blockquote></p><p><img src=\"https://static.tigerbbs.com/107ab1e725bed375ea106bdf3024ec6a\" tg-width=\"1910\" tg-height=\"1097\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>CEO Elon Musk’s electric vehicle business reported in the first quarter&nbsp;vehicle deliveries of 184,800&nbsp;Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.</p><p><blockquote>首席执行官Elon Musk的电动汽车业务报告称，第一季度Model 3和Model Y汽车交付量为18.48万辆，超出预期，创下了特斯拉的纪录。不过，该公司还表示，截至3月份，该公司没有生产任何高端Model S轿车或Model X SUV。它从库存中交付了2,020辆旧款Model S轿车和Model X SUV。</blockquote></p><p>On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.</p><p><blockquote>在周一的财报看涨期权上，Musk表示，该公司新版Model S轿车最终将于2021年5月开始向客户交付，Model X将于今年第三季度开始交付。Musk和CFO Zachary Kirkhorn均表示，供应链问题可能仍是特斯拉今年面临的挑战。</blockquote></p><p>In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.</p><p><blockquote>2021年1月（在2020年第四季度财报更新期间），马斯克曾表示，Model S Plaid已经投入生产，将于2021年2月开始交付。但他周一承认，在生产这些车辆的更新版本时，“存在比预期更多的挑战”。他没有详细说明。</blockquote></p><p>Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.</p><p><blockquote>特斯拉目前的目标是在今年晚些时候每周生产2,000辆Model S和X汽车。</blockquote></p><p>The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.</p><p><blockquote>该公司周一表示，预计2021年汽车交付量总体增长将超过50%，这意味着今年的最低交付量约为75万辆。</blockquote></p><p>The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.</p><p><blockquote>事实上，特斯拉的汽车销量同比增长超过100%，但服务中心仅增长28%，移动服务车队仅增长22%，这解释了为什么一些特斯拉客户面临令人沮丧的漫长维修等待时间。服务扩张跟不上车辆销量的步伐。</blockquote></p><p>Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.</p><p><blockquote>特斯拉表示，它通过“极快地转向新的微控制器，同时为新供应商制造的新芯片开发固件”，部分克服了困扰汽车行业的芯片短缺问题。它没有透露新供应商的名称。</blockquote></p><p>It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.</p><p><blockquote>它还重申了马斯克经常声称的摄像头而不是雷达是自动驾驶汽车的更好途径。“我们基于人工智能的软件架构越来越依赖摄像头，以至于雷达比预期更早变得不必要。因此，我们的FSD（全自动驾驶）团队完全专注于向基于视觉的自动驾驶系统发展，我们几乎准备好将美国市场转向特斯拉视觉，”该公司在财报中表示。</blockquote></p><p>Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.</p><p><blockquote>与2020年同期相比，特斯拉能源发电和存储业务的收入几乎翻了一番，当时马斯克表示，当时新冠疫情是一种新兴流行病，导致其能源业务放缓。但能源收入从第四季度的7.87亿美元下降至2021年第一季度的5.95亿美元。</blockquote></p><p>Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some&nbsp;vexed customers.</p><p><blockquote>最近，特斯拉将其太阳能屋顶的价格提高了50%，现在要求任何订购太阳能光伏（包括特斯拉太阳能屋顶瓦片）的人也必须订购特斯拉的家庭储能系统Powerwall。突然的价格变化追溯适用于一些恼怒的顾客。</blockquote></p><p>Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.</p><p><blockquote>马斯克在2021年第一季度看涨期权上表示，他的目标是让拥有太阳能屋顶和特斯拉电池的家庭成为“巨型分布式公用事业公司”，可以帮助现有电力公司在需求和极端天气事件增加时为客户提供所需的所有电力。</blockquote></p><p></p><p>Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.</p><p><blockquote>高管们没有透露他们将如何改变供应商的电池生产或组合，以便在2021年生产更多的汽车和储能产品。</blockquote></p><p>Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.</p><p><blockquote>Musk表示，该公司自主开发并在加州Fremont的一家试点工厂生产的4680电池还不够可靠，无法用特斯拉汽车运输。他表示，特斯拉可能会在12至18个月内“实现批量生产”这些电池。</blockquote></p><p>The company revealed in February it purchased&nbsp;$1.5 billion in bitcoin&nbsp;and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.</p><p><blockquote>该公司在2月份透露，它购买了15亿美元的比特币，并可能在未来投资其他加密货币。到4月份，比特币升至创纪录水平，然后回落。特斯拉在其现金流量表中透露，该公司在本季度出售了价值2.72亿美元的“数字资产”，可能是比特币。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190086074","content_text":"KEY POINTSTesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be delivered starting in May 2021, and Model X deliveries will begin in the third quarter of the year.Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 2.5% after hours as investors digested the numbers.Here’s how the company fared in the quarter, compared with analyst estimates compiled by Refinitiv:Earnings:93 cents per share vs. 79 cents per share expectedRevenue:$10.39 billion vs. $10.29 billion expected, up 74% from a year agoNet profit reached a quarterly record of $438 million on a GAAP basis, and the company recorded $518 million in revenue from sales of regulatory credits during the period. It also recorded a $101 million positive impact from sales of bitcoin during the quarter.CEO Elon Musk’s electric vehicle business reported in the first quarter vehicle deliveries of 184,800 Model 3 and Model Y cars, beating expectations and setting a record for Tesla. However, the company also said it produced none of its higher-end Model S sedans or Model X SUVs for the period ending March. It delivered2,020 older Model S sedans and Model X SUVs from inventory.On Monday’s earnings call, Musk said the new version of the company’s Model S sedans will finally be delivered to customers starting in May 2021, with Model X deliveries to begin in the third quarter of the year. Musk and CFO Zachary Kirkhorn both said supply chain issues are likely to remain a challenge for Tesla this year.In January 2021 (during a fourth-quarter 2020 earnings update) Musk had said that the Model S Plaid was already in production would be delivered starting in February 2021. But he admitted on Monday, “There were more challenges than expected,” in producing the refreshed version of these vehicles. He did not elaborate.Tesla is now aiming to produce 2,000 Model S and X vehicles per week later this year.The company said Monday it expects more than 50% vehicle delivery growth in 2021 overall, which implies minimum deliveries around 750,000 vehicles this year.The fact Tesla grew vehicle unit sales by more than 100% year over year but grew service centers by only 28% and its mobile service fleet by only 22% explains why some Tesla customers face frustratingly long wait times for repairs. Service expansion is not keeping pace with the volume of vehicles sold.Tesla said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.” It did not disclose the names of its new suppliers.It also reiterated Musk’s frequent claim that cameras, not radar, are a better path toward autonomous vehicles. “Our AI-based software architecture has been increasingly reliant on cameras, to the point where radar is becoming unnecessary earlier than expected. As a result, our FSD [Full Self-Driving] team is fully focused on evolving to a vision-based autonomous system and we are nearly ready to switch the US market to Tesla Vision,” the company said in its earnings release.Revenue for its energy generation and storage business nearly doubled for Tesla versus the same period in 2020, when Musk said Covid, then an emerging pandemic, had slowed its energy business to a crawl. But energy revenue declined from $787 million in the fourth quarter to $595 million in the first quarter of 2021.Recently, Tesla increased prices for its solar rooftops by 50%, and now requires anyone ordering solar photovoltaics (including Tesla solar roof tiles) to also order the Powerwall, Tesla’s home energy storage system. The sudden price change applied retroactively to some vexed customers.Musk said on the Q1 2021 call that he is aiming for homes with solar rooftops and batteries from Tesla to function as a “giant distributed utility” that can help incumbent electrical utilities supply customers with all the electricity they need as demand and extreme weather events increase.Executives did not say how they would change their production or mix of battery cells from suppliers in order to make a higher volume of vehicles and energy storage products in 2021.Musk said the company’s 4680 cells, which it developed independently and makes at a pilot plant in Fremont, California, are not yet reliable enough to be shipped in Tesla vehicles. He said Tesla would probably “achieve volume production” of these cells in 12 to 18 months.The company revealed in February it purchased $1.5 billion in bitcoin and would potentially invest in other cryptocurrencies in the future. By April, bitcoin rose to record levels before pulling back. In its statement of cash flows, Tesla revealed that it had sold $272 million worth of “digital assets,” presumably bitcoin, during the quarter.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171108390,"gmtCreate":1626709850710,"gmtModify":1633924714466,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/171108390","repostId":"1184844987","repostType":4,"repost":{"id":"1184844987","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":1626708855,"share":"https://www.laohu8.com/m/news/1184844987?lang=zh_CN&edition=full","pubTime":"2021-07-19 23:34","market":"us","language":"en","title":"Peloton shares are trading higher as renewed COVID-19 concerns lift some stay-at-home names for the session<blockquote>由于对COVID-19的新担忧提振了一些留在家中的股票，Peloton股价走高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184844987","media":"Benzinga","summary":"(July 19) This headline-only article is meant to show youwhy a stock is moving, the most difficult a","content":"<p>(July 19)&nbsp;This headline-only article is meant to show you<b>why a stock is moving</b>, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about onBenzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading.</p><p><blockquote>（7月19日）这篇只有标题的文章旨在向您展示<b>为什么股票会变动</b>，炒股最难的方面。每天，我们都会在Benzinga Pro上发布数百条头条新闻，这些头条新闻可以在Benzinga Pro上移动您关心的股票，Benzinga Pro是我们的旗舰平台，提供快速、可操作的信息，可促进更快、更智能的交易。</blockquote></p><p> Benzinga Prohas an intuitively designed workspace that delivers powerful market insight, and is the solution of choice for thousands of professional and retail traders across the world.</p><p><blockquote>Benzinga Prohas设计直观，可提供强大的市场洞察力，是全球数千名专业和零售交易者的首选解决方案。</blockquote></p><p> Stop Googling for information and check outBenzinga Pro. You will never again be left in the dark on when a stock moves. You’ll have what you need to act in real-time — before the crowd.</p><p><blockquote>停止在Google上搜索信息并查看Benzinga Pro。当股票变动时，你再也不会被蒙在鼓里了。你将拥有在人群面前实时表演所需的一切。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/aadc64d02cc064f139aaf6c6a9b3e259\" tg-width=\"709\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peloton shares are trading higher as renewed COVID-19 concerns lift some stay-at-home names for the session<blockquote>由于对COVID-19的新担忧提振了一些留在家中的股票，Peloton股价走高</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\">\nPeloton shares are trading higher as renewed COVID-19 concerns lift some stay-at-home names for the session<blockquote>由于对COVID-19的新担忧提振了一些留在家中的股票，Peloton股价走高</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\">2021-07-19 23:34</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>(July 19)&nbsp;This headline-only article is meant to show you<b>why a stock is moving</b>, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about onBenzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading.</p><p><blockquote>（7月19日）这篇只有标题的文章旨在向您展示<b>为什么股票会变动</b>，炒股最难的方面。每天，我们都会在Benzinga Pro上发布数百条头条新闻，这些头条新闻可以在Benzinga Pro上移动您关心的股票，Benzinga Pro是我们的旗舰平台，提供快速、可操作的信息，可促进更快、更智能的交易。</blockquote></p><p> Benzinga Prohas an intuitively designed workspace that delivers powerful market insight, and is the solution of choice for thousands of professional and retail traders across the world.</p><p><blockquote>Benzinga Prohas设计直观，可提供强大的市场洞察力，是全球数千名专业和零售交易者的首选解决方案。</blockquote></p><p> Stop Googling for information and check outBenzinga Pro. You will never again be left in the dark on when a stock moves. You’ll have what you need to act in real-time — before the crowd.</p><p><blockquote>停止在Google上搜索信息并查看Benzinga Pro。当股票变动时，你再也不会被蒙在鼓里了。你将拥有在人群面前实时表演所需的一切。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/aadc64d02cc064f139aaf6c6a9b3e259\" tg-width=\"709\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184844987","content_text":"(July 19) This headline-only article is meant to show youwhy a stock is moving, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about onBenzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading.\nBenzinga Prohas an intuitively designed workspace that delivers powerful market insight, and is the solution of choice for thousands of professional and retail traders across the world.\nStop Googling for information and check outBenzinga Pro. You will never again be left in the dark on when a stock moves. You’ll have what you need to act in real-time — before the crowd.","news_type":1,"symbols_score_info":{"PTON":0.9}},"isVote":1,"tweetType":1,"viewCount":1935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151121728,"gmtCreate":1625068349264,"gmtModify":1633945179992,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Wonderful","listText":"Wonderful","text":"Wonderful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/151121728","repostId":"2147146918","repostType":4,"isVote":1,"tweetType":1,"viewCount":1010,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379965918,"gmtCreate":1618656720934,"gmtModify":1634291515722,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"EV is getting too much attention&nbsp;","listText":"EV is getting too much attention&nbsp;","text":"EV is getting too much attention","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/379965918","repostId":"1133841778","repostType":4,"repost":{"id":"1133841778","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":1617977105,"share":"https://www.laohu8.com/m/news/1133841778?lang=zh_CN&edition=full","pubTime":"2021-04-09 22:05","market":"us","language":"en","title":"EV Stocks underperformed<blockquote>电动汽车股票表现不佳</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1133841778","media":"Tiger Newspress","summary":"EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","content":"<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><blockquote>电动汽车股在周五早盘交易中表现不佳。蔚来和理想汽车下跌约4%，小鹏汽车下跌2%，特斯拉下跌1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks underperformed<blockquote>电动汽车股票表现不佳</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Stocks underperformed<blockquote>电动汽车股票表现不佳</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\">2021-04-09 22:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><blockquote>电动汽车股在周五早盘交易中表现不佳。蔚来和理想汽车下跌约4%，小鹏汽车下跌2%，特斯拉下跌1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","LI":"理想汽车","TSLA":"特斯拉","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133841778","content_text":"EV Stocks underperformed in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","news_type":1,"symbols_score_info":{"TSLA":0.9,"XPEV":0.9,"LI":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344827584,"gmtCreate":1618399671448,"gmtModify":1634293227254,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Will rally more&nbsp;","listText":"Will rally more&nbsp;","text":"Will rally more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/344827584","repostId":"1195099187","repostType":4,"repost":{"id":"1195099187","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":1618397517,"share":"https://www.laohu8.com/m/news/1195099187?lang=zh_CN&edition=full","pubTime":"2021-04-14 18:51","market":"us","language":"en","title":"JPMorgan Chase beats analysts’ estimates as bank releases $5.2 billion in loan loss reserves<blockquote>摩根大通释放52亿美元贷款损失准备金，超出分析师预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1195099187","media":"Tiger Newspress","summary":"KEY POINTSEarnings: $4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.Re","content":"<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Earnings: $4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.</li><li>Revenue: $33.12 billion, vs. $30.52 billion expected.</li></ul>(April 14)&nbsp;JPMorgan Chasereported first-quarter earnings before the opening bell on Wednesday.</p><p><blockquote><ul><li>收益：每股4.50美元，而Refinitiv调查的分析师预期为每股3.10美元。</li><li>营收：331.2亿美元，预期305.2亿美元。</li></ul>（4月14日）摩根大通在周三开盘前公布了第一季度财报。</blockquote></p><p>Here are the numbers:</p><p><blockquote>以下是数字：</blockquote></p><p><ul><li><b>Earnings:</b>$4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.</li><li><b>Revenue:</b>$33.12 billion, vs. $30.52 billion expected.</li><li>Credit costs net benefit of $4.2 billion included $5.2 billion of net reserve releases and $1.1 billion of net charge-offs.</li><li>Average loans up 1%; average deposits up 36%</li><li>$1.5 trillion of liquidity sources, including HQLA and unencumbered marketable securities</li><li>Average deposits up 32%; client investment assets up 44%</li><li>Average loans down 7%; debit and credit card sales volume up 9%</li><li>Active mobile customers up 9%</li><li>Global Investment Banking wallet share of 9.0% in 1Q21</li><li>Total Markets revenue of $9.1 billion, up 25%, with Fixed Income Markets up 15% and Equity Markets up 47%</li><li>Gross Investment Banking revenue of $1.1 billion, up 65%</li><li>Average loans down 2%; average deposits up 54%</li><li>Assets under management (AUM) of $2.8 trillion, up 28%</li><li>Average loans up 18%; average deposits up 43%</li></ul>JPMorgan Chase&nbsp;slipped&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote><ul><li><b>收益：</b>每股4.50美元，而Refinitiv调查的分析师预期为每股3.10美元。</li><li><b>收入：</b>331.2亿美元，预期为305.2亿美元。</li><li>信贷成本净收益为42亿美元，其中包括52亿美元的净准备金释放和11亿美元的净冲销。</li><li>平均贷款增长1%；平均存款增长36%</li><li>1.5万亿美元的流动性来源，包括HQLA和无抵押有价证券</li><li>平均存款增长32%；客户投资资产增长44%</li><li>平均贷款下降7%；借记卡和信用卡销量增长9%</li><li>活跃移动客户增长9%</li><li>2021年第一季度全球投资银行钱包份额为9.0%</li><li>市场总收入为91亿美元，增长25%，其中固定收益市场增长15%，股票市场增长47%</li><li>投资银行业务总收入为11亿美元，增长65%</li><li>平均贷款下降2%；平均存款增长54%</li><li>管理资产(AUM)为2.8万亿美元，增长28%</li><li>平均贷款增长18%；平均存款增长43%</li></ul>摩根大通在盘前交易中下跌1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/e7507e54ef613f6f1636ce34550816c8\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>JPMorgan Chase, the first major bank to report first-quarter earnings, will be closely watched for clues as to how the industry will emerge from the coronavirus pandemic.</p><p><blockquote>摩根大通是第一家公布第一季度收益的主要银行，将受到密切关注，以寻找该行业将如何摆脱冠状病毒大流行的线索。</blockquote></p><p>One key question is whether banks will continue to release loan loss reserves — and the magnitude of those releases — that are no longer needed as the U.S. economic recovery gains pace. In the fourth quarter, JPMorgan beat expectations in part by releasing $2.9 billion in reserves.</p><p><blockquote>一个关键问题是，随着美国经济复苏步伐加快，银行是否会继续释放不再需要的贷款损失准备金——以及释放的规模。第四季度，摩根大通释放了29亿美元的准备金，部分超出了预期。</blockquote></p><p>JPMorgan, with the world's biggest Wall Street division by revenue, is also expected to benefit from robust investment banking fees driven by record issuance of SPACs, the blank check companies that saw more activity in the first quarter than all of 2020, itself a record year. Trading revenue is also expected to be a tailwind in the quarter.</p><p><blockquote>摩根大通拥有全球收入最大的华尔街部门，预计也将受益于SPAC创纪录发行推动的强劲投资银行费用，SPAC是空白支票公司，第一季度的活动超过了2020年全年，这本身就是创纪录的一年。交易收入预计也将成为本季度的推动力。</blockquote></p><p>Analysts will also be curious about the pace of share repurchases the bank is expected to make. Last month, the Federal Reserve&nbsp;said banks&nbsp;that pass the industry's 2021 stress test will be allowed to resume higher levels of dividend payouts and buybacks starting June 30.</p><p><blockquote>分析师还将对该银行预计进行股票回购的速度感到好奇。上个月，美联储表示，通过该行业2021年压力测试的银行将被允许从6月30日开始恢复更高水平的股息支付和回购。</blockquote></p><p>Shares of JPMorgan rose 21% so far this year, compared to the 25% advance of the KBW Bank Index.</p><p><blockquote>今年迄今为止，摩根大通股价上涨了21%，而KBW银行指数则上涨了25%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/ade6e23d309c02ebd566a97e22d0b776\" tg-width=\"1894\" tg-height=\"250\" referrerpolicy=\"no-referrer\">Discussion of Results:</p><p><blockquote>结果讨论：</blockquote></p><p>Net income was $14.3 billion, up $11.4 billion, predominantly driven by credit reserve releases of $5.2 billion compared to credit reserve builds of $6.8 billion in the prior year.</p><p><blockquote>净利润为143亿美元，增加114亿美元，主要是由于信贷准备金释放52亿美元，而上一年信贷准备金建设为68亿美元。</blockquote></p><p>Net revenue of $33.1 billion was up 14%. Noninterest revenue was $20.1 billion, up 39%, driven by higher CIB Markets revenue, higher Investment Banking fees, and the absence of losses in Credit Adjustments and Other and markdowns on held-for-sale positions in the bridge book13 recorded in the prior year. Net interest income was $13.0 billion, down 11%, predominantly driven by the impact of lower rates, partially offset by balance sheet growth.</p><p><blockquote>净收入为331亿美元，增长14%。非利息收入为201亿美元，增长39%，这是由于CIB Markets收入增加、投资银行费用增加以及上一年记录的过桥账簿13中未发生信贷调整和其他损失以及持有待售头寸的降价所推动的。净利息收入为130亿美元，下降11%，主要是由于利率下降的影响，但部分被资产负债表增长所抵消。</blockquote></p><p>Noninterest expense was $18.7 billion, up 12%, predominantly driven by higher volume- and revenue-related expense and continued investments. The increase in expense also included a $550 million contribution to the Firm’s Foundation.</p><p><blockquote>非利息支出为187亿美元，增长12%，主要是由销量和收入相关支出增加以及持续投资推动的。费用的增加还包括对公司基金会的5.5亿美元捐款。</blockquote></p><p>The provision for credit losses was a net benefit of $4.2 billion driven by net reserve releases of $5.2 billion, compared to an expense of $8.3 billion in the prior year predominantly driven by net reserve builds of $6.8 billion. The Consumer reserve release was $4.5 billion, and included a $3.5 billion release in Card, reflecting improvements in the macroeconomic scenarios, and a $625 million reserve release in Home Lending primarily due to improvements in house price index (HPI) expectations and to a lesser extent portfolio run-off. The Wholesale reserve release was $716 million reflecting improvements in the macroeconomic scenarios. Net charge-offs of $1.1 billion were down $412 million, predominantly driven by Card.</p><p><blockquote>信贷损失拨备的净收益为42亿美元，主要由净准备金释放52亿美元推动，而上一年的费用为83亿美元，主要由净准备金增加68亿美元推动。消费者准备金释放为45亿美元，其中包括35亿美元的信用卡释放，反映了宏观经济情景的改善，以及6.25亿美元的住房贷款准备金释放，这主要是由于房价指数(HPI)预期的改善以及较小程度上的投资组合流失。批发储备释放为7.16亿美元，反映了宏观经济情景的改善。11亿美元的净冲销减少了4.12亿美元，主要是由信用卡推动的。</blockquote></p><p><img src=\"https://static.tigerbbs.com/ef7db3c342d0b99ad63d96fdea9fd129\" tg-width=\"1889\" tg-height=\"232\">Discussion of Results:</p><p><blockquote>结果讨论：</blockquote></p><p>Net income was $6.7 billion, up $6.5 billion, driven by credit reserve releases compared to reserve builds in the prior year. Net revenue was $12.5 billion, down 6%.</p><p><blockquote>净利润为67亿美元，比上一年准备金增加65亿美元，这是由于信贷准备金释放的推动。净收入为125亿美元，下降6%。</blockquote></p><p></p><p>Consumer &amp; Business Banking net revenue was $5.6 billion, down 10%, driven by the impact of deposit margin compression, largely offset by growth in deposit balances. Home Lending net revenue was $1.5 billion, up 26%, driven by higher production revenue, partially offset by lower net interest income on lower balances. Card &amp; Auto net revenue was $5.4 billion, down 7%, driven by lower Card net interest income on lower balances, partially offset by lower Card acquisition costs and higher Card net interchange income.</p><p><blockquote>受存款利润率压缩影响，消费者和商业银行业务净收入为56亿美元，下降10%，但大部分被存款余额增长所抵消。住房贷款净收入为15亿美元，增长26%，这是由生产收入增加推动的，但部分被余额减少导致的净利息收入减少所抵消。卡和汽车净收入为54亿美元，下降7%，原因是余额减少导致卡净利息收入下降，但部分被卡收购成本下降和卡净交换收入增加所抵消。</blockquote></p><p>Noninterest expense was $7.2 billion, down 1%.</p><p><blockquote>非利息支出为72亿美元，下降1%。</blockquote></p><p>The provision for credit losses was a net benefit of $3.6 billion, including a $4.6 billion reserve release reflecting improvements in the macroeconomic scenarios compared to a $4.5 billion reserve build in the prior year. Net charge-offs were $1.0 billion, down $290 million, driven by Card.</p><p><blockquote>信贷损失拨备为36亿美元的净收益，其中包括46亿美元的准备金释放，反映了与上一年45亿美元的准备金建立相比宏观经济情景的改善。在Card的推动下，净冲销为10亿美元，减少了2.9亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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>JPMorgan Chase beats analysts’ estimates as bank releases $5.2 billion in loan loss reserves<blockquote>摩根大通释放52亿美元贷款损失准备金，超出分析师预期</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\">\nJPMorgan Chase beats analysts’ estimates as bank releases $5.2 billion in loan loss reserves<blockquote>摩根大通释放52亿美元贷款损失准备金，超出分析师预期</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\">2021-04-14 18:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>KEY POINTS</b></p><p><blockquote><b>要点</b></blockquote></p><p><ul><li>Earnings: $4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.</li><li>Revenue: $33.12 billion, vs. $30.52 billion expected.</li></ul>(April 14)&nbsp;JPMorgan Chasereported first-quarter earnings before the opening bell on Wednesday.</p><p><blockquote><ul><li>收益：每股4.50美元，而Refinitiv调查的分析师预期为每股3.10美元。</li><li>营收：331.2亿美元，预期305.2亿美元。</li></ul>（4月14日）摩根大通在周三开盘前公布了第一季度财报。</blockquote></p><p>Here are the numbers:</p><p><blockquote>以下是数字：</blockquote></p><p><ul><li><b>Earnings:</b>$4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.</li><li><b>Revenue:</b>$33.12 billion, vs. $30.52 billion expected.</li><li>Credit costs net benefit of $4.2 billion included $5.2 billion of net reserve releases and $1.1 billion of net charge-offs.</li><li>Average loans up 1%; average deposits up 36%</li><li>$1.5 trillion of liquidity sources, including HQLA and unencumbered marketable securities</li><li>Average deposits up 32%; client investment assets up 44%</li><li>Average loans down 7%; debit and credit card sales volume up 9%</li><li>Active mobile customers up 9%</li><li>Global Investment Banking wallet share of 9.0% in 1Q21</li><li>Total Markets revenue of $9.1 billion, up 25%, with Fixed Income Markets up 15% and Equity Markets up 47%</li><li>Gross Investment Banking revenue of $1.1 billion, up 65%</li><li>Average loans down 2%; average deposits up 54%</li><li>Assets under management (AUM) of $2.8 trillion, up 28%</li><li>Average loans up 18%; average deposits up 43%</li></ul>JPMorgan Chase&nbsp;slipped&nbsp;1%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><blockquote><ul><li><b>收益：</b>每股4.50美元，而Refinitiv调查的分析师预期为每股3.10美元。</li><li><b>收入：</b>331.2亿美元，预期为305.2亿美元。</li><li>信贷成本净收益为42亿美元，其中包括52亿美元的净准备金释放和11亿美元的净冲销。</li><li>平均贷款增长1%；平均存款增长36%</li><li>1.5万亿美元的流动性来源，包括HQLA和无抵押有价证券</li><li>平均存款增长32%；客户投资资产增长44%</li><li>平均贷款下降7%；借记卡和信用卡销量增长9%</li><li>活跃移动客户增长9%</li><li>2021年第一季度全球投资银行钱包份额为9.0%</li><li>市场总收入为91亿美元，增长25%，其中固定收益市场增长15%，股票市场增长47%</li><li>投资银行业务总收入为11亿美元，增长65%</li><li>平均贷款下降2%；平均存款增长54%</li><li>管理资产(AUM)为2.8万亿美元，增长28%</li><li>平均贷款增长18%；平均存款增长43%</li></ul>摩根大通在盘前交易中下跌1%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/e7507e54ef613f6f1636ce34550816c8\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>JPMorgan Chase, the first major bank to report first-quarter earnings, will be closely watched for clues as to how the industry will emerge from the coronavirus pandemic.</p><p><blockquote>摩根大通是第一家公布第一季度收益的主要银行，将受到密切关注，以寻找该行业将如何摆脱冠状病毒大流行的线索。</blockquote></p><p>One key question is whether banks will continue to release loan loss reserves — and the magnitude of those releases — that are no longer needed as the U.S. economic recovery gains pace. In the fourth quarter, JPMorgan beat expectations in part by releasing $2.9 billion in reserves.</p><p><blockquote>一个关键问题是，随着美国经济复苏步伐加快，银行是否会继续释放不再需要的贷款损失准备金——以及释放的规模。第四季度，摩根大通释放了29亿美元的准备金，部分超出了预期。</blockquote></p><p>JPMorgan, with the world's biggest Wall Street division by revenue, is also expected to benefit from robust investment banking fees driven by record issuance of SPACs, the blank check companies that saw more activity in the first quarter than all of 2020, itself a record year. Trading revenue is also expected to be a tailwind in the quarter.</p><p><blockquote>摩根大通拥有全球收入最大的华尔街部门，预计也将受益于SPAC创纪录发行推动的强劲投资银行费用，SPAC是空白支票公司，第一季度的活动超过了2020年全年，这本身就是创纪录的一年。交易收入预计也将成为本季度的推动力。</blockquote></p><p>Analysts will also be curious about the pace of share repurchases the bank is expected to make. Last month, the Federal Reserve&nbsp;said banks&nbsp;that pass the industry's 2021 stress test will be allowed to resume higher levels of dividend payouts and buybacks starting June 30.</p><p><blockquote>分析师还将对该银行预计进行股票回购的速度感到好奇。上个月，美联储表示，通过该行业2021年压力测试的银行将被允许从6月30日开始恢复更高水平的股息支付和回购。</blockquote></p><p>Shares of JPMorgan rose 21% so far this year, compared to the 25% advance of the KBW Bank Index.</p><p><blockquote>今年迄今为止，摩根大通股价上涨了21%，而KBW银行指数则上涨了25%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/ade6e23d309c02ebd566a97e22d0b776\" tg-width=\"1894\" tg-height=\"250\" referrerpolicy=\"no-referrer\">Discussion of Results:</p><p><blockquote>结果讨论：</blockquote></p><p>Net income was $14.3 billion, up $11.4 billion, predominantly driven by credit reserve releases of $5.2 billion compared to credit reserve builds of $6.8 billion in the prior year.</p><p><blockquote>净利润为143亿美元，增加114亿美元，主要是由于信贷准备金释放52亿美元，而上一年信贷准备金建设为68亿美元。</blockquote></p><p>Net revenue of $33.1 billion was up 14%. Noninterest revenue was $20.1 billion, up 39%, driven by higher CIB Markets revenue, higher Investment Banking fees, and the absence of losses in Credit Adjustments and Other and markdowns on held-for-sale positions in the bridge book13 recorded in the prior year. Net interest income was $13.0 billion, down 11%, predominantly driven by the impact of lower rates, partially offset by balance sheet growth.</p><p><blockquote>净收入为331亿美元，增长14%。非利息收入为201亿美元，增长39%，这是由于CIB Markets收入增加、投资银行费用增加以及上一年记录的过桥账簿13中未发生信贷调整和其他损失以及持有待售头寸的降价所推动的。净利息收入为130亿美元，下降11%，主要是由于利率下降的影响，但部分被资产负债表增长所抵消。</blockquote></p><p>Noninterest expense was $18.7 billion, up 12%, predominantly driven by higher volume- and revenue-related expense and continued investments. The increase in expense also included a $550 million contribution to the Firm’s Foundation.</p><p><blockquote>非利息支出为187亿美元，增长12%，主要是由销量和收入相关支出增加以及持续投资推动的。费用的增加还包括对公司基金会的5.5亿美元捐款。</blockquote></p><p>The provision for credit losses was a net benefit of $4.2 billion driven by net reserve releases of $5.2 billion, compared to an expense of $8.3 billion in the prior year predominantly driven by net reserve builds of $6.8 billion. The Consumer reserve release was $4.5 billion, and included a $3.5 billion release in Card, reflecting improvements in the macroeconomic scenarios, and a $625 million reserve release in Home Lending primarily due to improvements in house price index (HPI) expectations and to a lesser extent portfolio run-off. The Wholesale reserve release was $716 million reflecting improvements in the macroeconomic scenarios. Net charge-offs of $1.1 billion were down $412 million, predominantly driven by Card.</p><p><blockquote>信贷损失拨备的净收益为42亿美元，主要由净准备金释放52亿美元推动，而上一年的费用为83亿美元，主要由净准备金增加68亿美元推动。消费者准备金释放为45亿美元，其中包括35亿美元的信用卡释放，反映了宏观经济情景的改善，以及6.25亿美元的住房贷款准备金释放，这主要是由于房价指数(HPI)预期的改善以及较小程度上的投资组合流失。批发储备释放为7.16亿美元，反映了宏观经济情景的改善。11亿美元的净冲销减少了4.12亿美元，主要是由信用卡推动的。</blockquote></p><p><img src=\"https://static.tigerbbs.com/ef7db3c342d0b99ad63d96fdea9fd129\" tg-width=\"1889\" tg-height=\"232\">Discussion of Results:</p><p><blockquote>结果讨论：</blockquote></p><p>Net income was $6.7 billion, up $6.5 billion, driven by credit reserve releases compared to reserve builds in the prior year. Net revenue was $12.5 billion, down 6%.</p><p><blockquote>净利润为67亿美元，比上一年准备金增加65亿美元，这是由于信贷准备金释放的推动。净收入为125亿美元，下降6%。</blockquote></p><p></p><p>Consumer &amp; Business Banking net revenue was $5.6 billion, down 10%, driven by the impact of deposit margin compression, largely offset by growth in deposit balances. Home Lending net revenue was $1.5 billion, up 26%, driven by higher production revenue, partially offset by lower net interest income on lower balances. Card &amp; Auto net revenue was $5.4 billion, down 7%, driven by lower Card net interest income on lower balances, partially offset by lower Card acquisition costs and higher Card net interchange income.</p><p><blockquote>受存款利润率压缩影响，消费者和商业银行业务净收入为56亿美元，下降10%，但大部分被存款余额增长所抵消。住房贷款净收入为15亿美元，增长26%，这是由生产收入增加推动的，但部分被余额减少导致的净利息收入减少所抵消。卡和汽车净收入为54亿美元，下降7%，原因是余额减少导致卡净利息收入下降，但部分被卡收购成本下降和卡净交换收入增加所抵消。</blockquote></p><p>Noninterest expense was $7.2 billion, down 1%.</p><p><blockquote>非利息支出为72亿美元，下降1%。</blockquote></p><p>The provision for credit losses was a net benefit of $3.6 billion, including a $4.6 billion reserve release reflecting improvements in the macroeconomic scenarios compared to a $4.5 billion reserve build in the prior year. Net charge-offs were $1.0 billion, down $290 million, driven by Card.</p><p><blockquote>信贷损失拨备为36亿美元的净收益，其中包括46亿美元的准备金释放，反映了与上一年45亿美元的准备金建立相比宏观经济情景的改善。在Card的推动下，净冲销为10亿美元，减少了2.9亿美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195099187","content_text":"KEY POINTSEarnings: $4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.Revenue: $33.12 billion, vs. $30.52 billion expected.(April 14) JPMorgan Chasereported first-quarter earnings before the opening bell on Wednesday.Here are the numbers:Earnings:$4.50 per share, vs. $3.10 per share expected by analysts polled by Refinitiv.Revenue:$33.12 billion, vs. $30.52 billion expected.Credit costs net benefit of $4.2 billion included $5.2 billion of net reserve releases and $1.1 billion of net charge-offs.Average loans up 1%; average deposits up 36%$1.5 trillion of liquidity sources, including HQLA and unencumbered marketable securitiesAverage deposits up 32%; client investment assets up 44%Average loans down 7%; debit and credit card sales volume up 9%Active mobile customers up 9%Global Investment Banking wallet share of 9.0% in 1Q21Total Markets revenue of $9.1 billion, up 25%, with Fixed Income Markets up 15% and Equity Markets up 47%Gross Investment Banking revenue of $1.1 billion, up 65%Average loans down 2%; average deposits up 54%Assets under management (AUM) of $2.8 trillion, up 28%Average loans up 18%; average deposits up 43%JPMorgan Chase slipped 1% in premarket trading.JPMorgan Chase, the first major bank to report first-quarter earnings, will be closely watched for clues as to how the industry will emerge from the coronavirus pandemic.One key question is whether banks will continue to release loan loss reserves — and the magnitude of those releases — that are no longer needed as the U.S. economic recovery gains pace. In the fourth quarter, JPMorgan beat expectations in part by releasing $2.9 billion in reserves.JPMorgan, with the world's biggest Wall Street division by revenue, is also expected to benefit from robust investment banking fees driven by record issuance of SPACs, the blank check companies that saw more activity in the first quarter than all of 2020, itself a record year. Trading revenue is also expected to be a tailwind in the quarter.Analysts will also be curious about the pace of share repurchases the bank is expected to make. Last month, the Federal Reserve said banks that pass the industry's 2021 stress test will be allowed to resume higher levels of dividend payouts and buybacks starting June 30.Shares of JPMorgan rose 21% so far this year, compared to the 25% advance of the KBW Bank Index.Discussion of Results:Net income was $14.3 billion, up $11.4 billion, predominantly driven by credit reserve releases of $5.2 billion compared to credit reserve builds of $6.8 billion in the prior year.Net revenue of $33.1 billion was up 14%. Noninterest revenue was $20.1 billion, up 39%, driven by higher CIB Markets revenue, higher Investment Banking fees, and the absence of losses in Credit Adjustments and Other and markdowns on held-for-sale positions in the bridge book13 recorded in the prior year. Net interest income was $13.0 billion, down 11%, predominantly driven by the impact of lower rates, partially offset by balance sheet growth.Noninterest expense was $18.7 billion, up 12%, predominantly driven by higher volume- and revenue-related expense and continued investments. The increase in expense also included a $550 million contribution to the Firm’s Foundation.The provision for credit losses was a net benefit of $4.2 billion driven by net reserve releases of $5.2 billion, compared to an expense of $8.3 billion in the prior year predominantly driven by net reserve builds of $6.8 billion. The Consumer reserve release was $4.5 billion, and included a $3.5 billion release in Card, reflecting improvements in the macroeconomic scenarios, and a $625 million reserve release in Home Lending primarily due to improvements in house price index (HPI) expectations and to a lesser extent portfolio run-off. The Wholesale reserve release was $716 million reflecting improvements in the macroeconomic scenarios. Net charge-offs of $1.1 billion were down $412 million, predominantly driven by Card.Discussion of Results:Net income was $6.7 billion, up $6.5 billion, driven by credit reserve releases compared to reserve builds in the prior year. Net revenue was $12.5 billion, down 6%.Consumer & Business Banking net revenue was $5.6 billion, down 10%, driven by the impact of deposit margin compression, largely offset by growth in deposit balances. Home Lending net revenue was $1.5 billion, up 26%, driven by higher production revenue, partially offset by lower net interest income on lower balances. Card & Auto net revenue was $5.4 billion, down 7%, driven by lower Card net interest income on lower balances, partially offset by lower Card acquisition costs and higher Card net interchange income.Noninterest expense was $7.2 billion, down 1%.The provision for credit losses was a net benefit of $3.6 billion, including a $4.6 billion reserve release reflecting improvements in the macroeconomic scenarios compared to a $4.5 billion reserve build in the prior year. Net charge-offs were $1.0 billion, down $290 million, driven by Card.","news_type":1,"symbols_score_info":{"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364411363,"gmtCreate":1614869556352,"gmtModify":1703482286245,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Vested in PLTR. Will ride through this storm together&nbsp;","listText":"Vested in PLTR. Will ride through this storm together&nbsp;","text":"Vested in PLTR. Will ride through this storm together","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/364411363","repostId":"1116029005","repostType":4,"repost":{"id":"1116029005","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":1614869464,"share":"https://www.laohu8.com/m/news/1116029005?lang=zh_CN&edition=full","pubTime":"2021-03-04 22:51","market":"other","language":"en","title":"Palantir advanced more than 3%<blockquote>Palantir涨超3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116029005","media":"老虎资讯综合","summary":"Cathie Wood's ARK Investment added nearly 2.7 million shares of Palantir (NYSE: PLTR) on Wednesday a","content":"<p>Cathie Wood's ARK Investment added nearly 2.7 million shares of Palantir (NYSE: PLTR) on Wednesday as well as adding to recent SPAC deals Butterfly Network (NYSE: BFLY) and CM Life Sciences (NASDAQ: CMLF) .</p><p><blockquote>Cathie Wood的ARK Investment周三增持了Palantir(NYSE：PLTR)近270万股股票，并增持了最近的SPAC交易Butterfly Network(NYSE：BFLY)和CM Life Sciences(纳斯达克：CMLF)。</blockquote></p><p>The firm also bought more Tesla (NASDAQ: TSLA) and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (NASDAQ: ZM) shares, among other trades.</p><p><blockquote>该公司还购买了更多特斯拉（纳斯达克：TSLA）和<a href=\"https://laohu8.com/S/ZM\">Zoom</a>（纳斯达克：ZM）股票等交易。</blockquote></p><p>ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.</p><p><blockquote>ARK每天周一至周五披露其交易情况。每日交易并非ARK ETF当日交易的综合列表，不包括首次/二次公开发行交易和ETF创建/赎回单位活动。伍德以其对特斯拉的超看涨看涨期权而闻名，被认为是目前华尔街最炙手可热的人。</blockquote></p><p><img src=\"https://static.tigerbbs.com/0e93885a69c197604ed718cd79e2c643\" tg-width=\"691\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir advanced more than 3%<blockquote>Palantir涨超3%</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\">\nPalantir advanced more than 3%<blockquote>Palantir涨超3%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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 smaller\">2021-03-04 22:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Cathie Wood's ARK Investment added nearly 2.7 million shares of Palantir (NYSE: PLTR) on Wednesday as well as adding to recent SPAC deals Butterfly Network (NYSE: BFLY) and CM Life Sciences (NASDAQ: CMLF) .</p><p><blockquote>Cathie Wood的ARK Investment周三增持了Palantir(NYSE：PLTR)近270万股股票，并增持了最近的SPAC交易Butterfly Network(NYSE：BFLY)和CM Life Sciences(纳斯达克：CMLF)。</blockquote></p><p>The firm also bought more Tesla (NASDAQ: TSLA) and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (NASDAQ: ZM) shares, among other trades.</p><p><blockquote>该公司还购买了更多特斯拉（纳斯达克：TSLA）和<a href=\"https://laohu8.com/S/ZM\">Zoom</a>（纳斯达克：ZM）股票等交易。</blockquote></p><p>ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.</p><p><blockquote>ARK每天周一至周五披露其交易情况。每日交易并非ARK ETF当日交易的综合列表，不包括首次/二次公开发行交易和ETF创建/赎回单位活动。伍德以其对特斯拉的超看涨看涨期权而闻名，被认为是目前华尔街最炙手可热的人。</blockquote></p><p><img src=\"https://static.tigerbbs.com/0e93885a69c197604ed718cd79e2c643\" tg-width=\"691\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116029005","content_text":"Cathie Wood's ARK Investment added nearly 2.7 million shares of Palantir (NYSE: PLTR) on Wednesday as well as adding to recent SPAC deals Butterfly Network (NYSE: BFLY) and CM Life Sciences (NASDAQ: CMLF) .The firm also bought more Tesla (NASDAQ: TSLA) and Zoom (NASDAQ: ZM) shares, among other trades.ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166073005,"gmtCreate":1623986631207,"gmtModify":1634024585354,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"PLTR is uptrend&nbsp;","listText":"PLTR is uptrend&nbsp;","text":"PLTR is uptrend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/166073005","repostId":"2144742421","repostType":4,"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191136758,"gmtCreate":1620863273274,"gmtModify":1634195836041,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"It’s good to plan ahead","listText":"It’s good to plan ahead","text":"It’s good to plan ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/191136758","repostId":"1182933136","repostType":4,"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372818799,"gmtCreate":1619190321711,"gmtModify":1631884329143,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"TSM starts to rally again to overcome 25days ave trend line again. Hope it can breaks through this time","listText":"TSM starts to rally again to overcome 25days ave trend line again. Hope it can breaks through this time","text":"TSM starts to rally again to overcome 25days ave trend line again. Hope it can breaks through this time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/372818799","repostId":"1143429933","repostType":2,"repost":{"id":"1143429933","kind":"news","pubTimestamp":1619135800,"share":"https://www.laohu8.com/m/news/1143429933?lang=zh_CN&edition=full","pubTime":"2021-04-23 07:56","market":"us","language":"en","title":"Semiconductor Watchlist: AMD Shares Soar Amid Shortage<blockquote>半导体观察名单：AMD股价在短缺中飙升</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1143429933","media":"The Street","summary":"See buy or sell recommendations for Nvidia, Qualcomm, Nxp, Broadcom, Taiwan Semiconductor, and more ","content":"<p>See buy or sell recommendations for Nvidia, Qualcomm, Nxp, Broadcom, Taiwan Semiconductor, and more semiconductor stocks.Chip shortages are only worsening in the auto sector, according to&nbsp;Jim Cramer, the founder of TheStreet.&nbsp;Cramer has been hyperfocused on the semiconductor sector as thechip shortage impacts the overall market.</p><p><blockquote>查看英伟达、高通、恩智浦、博通、台积电和更多半导体股票的买入或卖出建议。TheStreet创始人吉姆·克莱默(Jim Cramer)表示，汽车行业的芯片短缺只会恶化。克莱默一直高度关注半导体行业随着芯片短缺影响整体市场。</blockquote></p><p>This past week, President Joe Biden hosted a semiconductor summit at the White House to discuss the shortage impacting many industries, including the auto industry.</p><p><blockquote>上周，乔·拜登总统在白宫主持了一次半导体峰会，讨论影响包括汽车行业在内的许多行业的短缺问题。</blockquote></p><p>Cramer noted ina column for Real Money&nbsp;this past week,&nbsp;\"there simply aren't enough machines being made to create more chips, even as they are working pretty much around the clock to do so.\"</p><p><blockquote>克莱默上周在《Real Money》专栏中指出，“根本没有足够的机器来制造更多芯片，尽管它们几乎全天候工作。”</blockquote></p><p>\"You think that the stocks of Applied Materials&nbsp;(<b>AMAT</b>) -Get Report, KLA Corporation&nbsp;(<b>KLA</b>), and Lam Research&nbsp;(<b>LRCX</b>) -Get Report&nbsp;would be this high otherwise?\"he added.</p><p><blockquote>“你认为应用材料的股票（<b>阿马特</b>)-Get报告，KLA公司(<b>KLA</b>），以及泛林研究（<b>LRCX</b>）-否则Get报告会这么高？”他补充道。</blockquote></p><p>Lam Research reported record fiscal third-quarter results that beat analyst estimates on Wednesday. The semiconductor equipment maker reported adjusted earnings of $7.49 on revenues of $3.85 billion for its quarter ending in March. Analysts polled by FactSet were expecting adjusted earnings of $6.62 per share on revenues of $3.72 billion.</p><p><blockquote>泛林研究周三公布了创纪录的第三财季业绩，超出了分析师的预期。这家半导体设备制造商报告称，截至3月份的季度调整后收益为7.49美元，营收为38.5亿美元。FactSet调查的分析师预计调整后每股收益为6.62美元，营收为37.2亿美元。</blockquote></p><p>“Semiconductors are reaching new heights of strategic relevance, and Lam’s differentiated ability to meet our customers’ scaling challenges positions us well amid a strong wafer fabrication spending environment,\"&nbsp;said Tim Archer, Lam Research’s President, and Chief Executive Officer, in a statement.</p><p><blockquote>Lam Research总裁兼首席执行官蒂姆·阿彻(Tim Archer)在一份声明中表示：“半导体的战略相关性正在达到新的高度，而Lam满足客户扩展挑战的差异化能力使我们在强劲的晶圆制造支出环境中处于有利地位。”</blockquote></p><p>Earlier this past week, on<i>TheStreet Live</i>, Cramer said, \"We can't have people laid off or out of work because of GM&nbsp;(<b>GM</b>) -Get Report&nbsp;and Ford's&nbsp;(<b>F</b>) -Get Report&nbsp;problems with a few chip companies. I hope that President Biden lobbies for all the chip companies to make the chips that we need. It's time.\"</p><p><blockquote>上周早些时候，在<i>街头直播</i>，克莱默说，“我们不能因为通用汽车（<b>GM</b>）-获取报告和福特的（<b>F</b>）-获取一些芯片公司的报告问题。我希望拜登总统游说所有芯片公司制造我们需要的芯片。是时候了。”</blockquote></p><p><i>For more in-depth coverage of the semiconductor sector including trading recommendations and investment strategies,follow Eric Jhonsa on Real Money.</i></p><p><blockquote><i>有关半导体行业的更深入报道，包括交易建议和投资策略，请关注Eric Jhonsa的Real Money。</i></blockquote></p><p>Here is a list of the semiconductor stocks to watch and their performance by percentage change at the close of trading on Wednesday, Apr. 21:</p><p><blockquote>以下是值得关注的半导体股票列表及其截至4月21日星期三收盘时的百分比变化表现：</blockquote></p><p><b>Nvidia Corp | -0.46% 5-Day</b></p><p><blockquote><b>英伟达公司|-0.46%5天</b></blockquote></p><p>Nvidia&nbsp;(<b>NVDA</b>) -Get Report&nbsp;shares were pressured Monday after Oliver Dowden, the U.K.'s secretary of state for digital, culture, media, and sport, said regulators were intervening in thesemiconductor company's proposed acquisition of Arm Ltd.</p><p><blockquote>英伟达(<b>NVDA</b>)-英国数字、文化、媒体和体育大臣奥利弗·道登(Oliver Dowden)表示监管机构正在干预这家半导体公司收购Arm Ltd的提议后，Get报告周一股价承压。</blockquote></p><p>The British government is looking at the Santa Clara, Calif., company's proposed $40 billion purchase of the British chip designer from Softbank Group SFTBY due to national security concerns</p><p><blockquote>出于国家安全考虑，英国政府正在考虑这家位于加州圣克拉拉的公司提出的以400亿美元从软银集团SFTBY手中收购这家英国芯片设计公司的提议</blockquote></p><p>Nvidia shares at the last check were down 2.7% to $619.47, but the company has been on fire lately and has drawn the praise of analysts. For instance, Raymond James analysts recentlyraised their price target to $750from $700 as they eye a rebound in enterprise spending and Nvidia’s new chip.</p><p><blockquote>上次检查时，英伟达股价下跌2.7%，至619.47美元，但该公司最近表现火爆，并受到分析师的赞扬。例如，Raymond James分析师最近将目标价从700美元上调至750美元，因为他们关注企业支出和Nvidia新芯片的反弹。</blockquote></p><p>TheStreet Quant Ratings rates Nvidiaas a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将Nvidia评级为买入，评级为B。</blockquote></p><p><b>Qualcomm | +0.51% 5-Day</b></p><p><blockquote><b>高通|+0.51%5天</b></blockquote></p><p>Qualcomm&nbsp;(<b>QCOM</b>) -Get Report&nbsp;was falling 2.8% to $134.30 Monday after analysts at Susquehannadowngraded shares of the chipmakerin a bearish note on the semiconductor sector.</p><p><blockquote>高通(<b>QCOM</b>)-Get Report周一下跌2.8%，至134.30美元，此前Susquehanna分析师在对半导体行业的看跌报告中下调了该芯片制造商的股票评级。</blockquote></p><p>Qualcomm was cut to neutral from positiveand its price target was also reduced to $155 a share from $175.</p><p><blockquote>高通从正面下调至中性，目标价也从每股175美元下调至155美元。</blockquote></p><p>The firm also said thatshortages in the semiconductor industrycould lead customers to accumulate inventory or double order, which could lead to over shipments that do not reflect true demand.</p><p><blockquote>该公司还表示，半导体行业的短缺可能会导致客户积累库存或重复订单，这可能会导致无法反映真实需求的过度出货。</blockquote></p><p>Qualcomm&nbsp;announced this past week that it will publish thefinancial results for its second-quarter fiscal 2021on Wednesday, Apr. 28.</p><p><blockquote>高通上周宣布，将于4月28日星期三发布2021财年第二季度财务业绩。</blockquote></p><p>TheStreet Quant Ratings rates Qualcommas a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将高通评级为买入，评级为B。</blockquote></p><p><b>Nxp Semiconductors | +0.22% 5-Day</b></p><p><blockquote><b>恩智浦半导体|+0.22%5天</b></blockquote></p><p>Nxp Semiconductors&nbsp;(<b>NXPI</b>) -Get Report&nbsp;wasdowngraded to equal-weightfrom overweight by analysts at Morgan Stanley this past week. The investment firm raised its price target on the company to $213 a share from $190.</p><p><blockquote>恩智浦半导体(<b>NXPI</b>)-上周，摩根士丹利分析师将跑赢大盘的Get Report评级下调至同等权重。该投资公司将该公司的目标股价从每股190美元上调至213美元。</blockquote></p><p>Nxp has outperformed broad-based suppliers by 115%, according to Morgan Stanley, and the S&amp;P 500 by 160%, driven by itsinclusion into the S&amp;P index in March. That rise gives NXP less room to run higher.</p><p><blockquote>根据摩根士丹利的数据，恩智浦在3月份被纳入标准普尔指数的推动下，其表现优于基础广泛的供应商115%，优于标普500 160%。这一上涨使得恩智浦走高的空间较小。</blockquote></p><p>TheStreet Quant Ratings rates NXP Semiconductorsas a Buy with a rating score of B-.</p><p><blockquote>TheStreet Quant Ratings将恩智浦半导体评级为买入，评级为B-。</blockquote></p><p><b>Advanced Micro Devices | +3.23% 5-Day</b></p><p><blockquote><b>Advanced Micro Devices|+3.23%5天</b></blockquote></p><p>Advanced Micro Devices&nbsp;(<b>AMD</b>) -Get Report&nbsp;has been trading well, likely on the back of Nvidia’s momentum, according to TheStreet's Bret Kenwell.</p><p><blockquote>先进微设备公司（<b>AMD</b>)-据TheStreet的布雷特·肯威尔(Bret Kenwell)称，Get Report的交易表现良好，这可能得益于Nvidia的势头。</blockquote></p><p>The company announced this past week that it willreport first-quarter 2021 financial resultson Tuesday, Apr. 27 after the close of the market.</p><p><blockquote>该公司上周宣布，将于4月27日星期二收盘后公布2021年第一季度财务业绩。</blockquote></p><p>The chipmaker's $35 billion deal to acquire Xilinx&nbsp;(<b>XLNX</b>) -Get Report&nbsp;was beenapproved by shareholders of both chipmakers. Under the terms, AMD will pay 1.7234 shares for each Xilinx share.</p><p><blockquote>该芯片制造商以350亿美元收购Xilinx（<b>XLNX</b>)-Get报告已获得两家芯片制造商股东的批准。根据条款，AMD将为每股Xilinx股票支付1.7234股。</blockquote></p><p></p><p>TheStreet Quant Ratings rates AMD&nbsp;as a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将AMD评级为买入，评级为B。</blockquote></p><p><b>Intel | -1.24% 5-Day</b></p><p><blockquote><b>英特尔|-1.24%5天</b></blockquote></p><p>Officials from Intel&nbsp;(<b>INTC</b>) -Get Report, Microsoft&nbsp;(<b>MSFT</b>) -Get Report, Alphabet&nbsp;(<b>GOOGL</b>) -Get Report, and General Motors&nbsp;(<b>GM</b>) -Get Report&nbsp;met with the White House earlier this month to discuss the impact aglobal semiconductor shortageis having on U.S. manufacturers.</p><p><blockquote>英特尔官员（<b>INTC</b>)-获取报告，微软(<b>MSFT</b>)-获取报告，Alphabet(<b>GOOGL</b>)-获取报告，和通用汽车(<b>GM</b>)-Get Report本月早些时候与白宫会面，讨论全球半导体短缺对美国制造商的影响。</blockquote></p><p>Last month, Intel said it wouldbuild two new chip factoriesin Arizona, as the once-dominant chipmaker tries to regain momentum and favor in the U.S.</p><p><blockquote>上个月，英特尔表示将在亚利桑那州建造两家新的芯片工厂，这家曾经占据主导地位的芯片制造商试图在美国重新获得动力和青睐。</blockquote></p><p>The companyplans to evolve into both a designer and manufacturerand next-generation computer and smartphone chips while also developing a new business -- thanks in part to a development partnership with IBM&nbsp;(<b>IBM</b>) -Get Report&nbsp;-- that allows other companies to use its Arizona hub to make their own semiconductors.</p><p><blockquote>该公司计划发展成为下一代计算机和智能手机芯片的设计者和制造商，同时开发新业务——这在一定程度上要归功于与IBM的开发合作伙伴关系（<b>IBM</b>）-获取报告-允许其他公司使用其亚利桑那州中心制造自己的半导体。</blockquote></p><p>TheStreet Quant Ratings rates Intelas a Buy with a rating score of A-.</p><p><blockquote>TheStreet Quant Ratings将英特尔评级为买入，评级为A-。</blockquote></p><p><b>Taiwan Semiconductor Manufacturing | -3.43% 5-Day</b></p><p><blockquote><b>台积电|-3.43%5天</b></blockquote></p><p>Taiwan Semiconductor Manufacturing&nbsp;(<b>TSM</b>) -Get Report&nbsp;boosted its near-term investment plans on Mar. 31,pledging to spend $100 billionover the next three years to increase production capacity, including a previously-announced factory it will build in Arizona.</p><p><blockquote>台积电(<b>TSM</b>)-Get Report于3月31日提高了近期投资计划，承诺在未来三年内斥资1000亿美元提高产能，其中包括此前宣布将在亚利桑那州建设的一家工厂。</blockquote></p><p>The companyboosted how much it will spend on CAPEXfrom $28 billion to $30 billion.</p><p><blockquote>该公司将资本支出从280亿美元增加到300亿美元。</blockquote></p><p>\"You're in good shape there. I would buy it at these levels,\"Jim Cramer said of the company this past week.</p><p><blockquote>“你们的状况很好。我会在这个水平上购买它，”吉姆·克莱默上周谈到该公司时说道。</blockquote></p><p>TheStreet Quant Ratings rates TSMas a Buy with a rating score of A.</p><p><blockquote>TheStreet Quant Ratings将TSMA评级为买入，评级为A。</blockquote></p><p><b>Broadcom | -4.32% 5-Day</b></p><p><blockquote><b>博通|-4.32%5天</b></blockquote></p><p>Cramer said Wednesday that he's worried because some typically stable stocks such as&nbsp;Disney&nbsp;(<b>DIS</b>) -Get Report, Alphabet&nbsp;(<b>GOOGL</b>) -Get Report, and Broadcom&nbsp;(<b>AVGO</b>) -Get Report&nbsp;are down.\"We need those to reverse,\" he said.</p><p><blockquote>克莱默周三表示，他很担心，因为迪士尼等一些通常稳定的股票（<b>说</b>)-获取报告，Alphabet(<b>GOOGL</b>)-获取报告，以及Broadcom(<b>AVGO</b>）-获取报告已关闭。“我们需要扭转这些局面，”他说。</blockquote></p><p>Analysts at Deutsche Bank initiated coverage of the&nbsp;cybersecurity company&nbsp;CrowdStrike&nbsp;(<b>CRWD</b>) -Get Report&nbsp;with a buy rating and $265 price target. The firm expects CrowdStrike tocontinue to land big-name new clients like Broadcom.</p><p><blockquote>德意志银行分析师开始报道网络安全公司CrowdStrike（<b>CRWD</b>)-获取具有买入评级和265美元目标价的报告。该公司预计CrowdStrike将继续获得博通等知名新客户。</blockquote></p><p>TheStreet Quant Ratings rates Broadcomas a Buy with a rating score of A-.</p><p><blockquote>TheStreet Quant Ratings将Broadcomas评级为买入，评级为A-。</blockquote></p><p><b>Micron Technology | -1.86% 5-Day</b></p><p><blockquote><b>美光科技|-1.86%5天</b></blockquote></p><p>Micron Technology&nbsp;(<b>MU</b>) -Get Report&nbsp;reported fiscal-second-quarter revenue and adjusted earnings thatexceeded Wall Street estimates. The company's adjusted earnings more than doubled to 98 cents a share from 45 cents a share in the year-earlier period.</p><p><blockquote>美光科技(<b>穆</b>)-Get Report公布的第二财季收入和调整后收益超出了华尔街的预期。该公司调整后的收益从去年同期的每股45美分增长了一倍多，达到每股98美分。</blockquote></p><p>TheStreet Quant Ratings rates Micronas a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将Micronas评为买入，评级为B。</blockquote></p><p><b>Texas Instruments | -1.37% 5-Day</b></p><p><blockquote><b>德州仪器|-1.37%5天</b></blockquote></p><p>Texas Instruments&nbsp;(<b>TXN</b>) -Get Report&nbsp;will webcast itsfirst-quarter 2021 earnings conference callon Tuesday, Apr. 27.</p><p><blockquote>德州仪器（<b>TXN</b>)-Get Report将于4月27日星期二网络直播其2021年第一季度收益电话会议。</blockquote></p><p>Rafael Lizardi, senior vice president, and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.</p><p><blockquote>高级副总裁兼首席财务官Rafael Lizardi和副总裁兼投资者关系主管Dave Pahl将讨论TI的财务业绩并回答投资者观众的问题。</blockquote></p><p>TheStreet Quant Ratings rates Texas Instrumentsas a Buy with a rating score of A.</p><p><blockquote>TheStreet Quant Ratings将德州仪器评级为买入，评级为A。</blockquote></p><p></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor Watchlist: AMD Shares Soar Amid Shortage<blockquote>半导体观察名单：AMD股价在短缺中飙升</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor Watchlist: AMD Shares Soar Amid Shortage<blockquote>半导体观察名单：AMD股价在短缺中飙升</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-04-23 07:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>See buy or sell recommendations for Nvidia, Qualcomm, Nxp, Broadcom, Taiwan Semiconductor, and more semiconductor stocks.Chip shortages are only worsening in the auto sector, according to&nbsp;Jim Cramer, the founder of TheStreet.&nbsp;Cramer has been hyperfocused on the semiconductor sector as thechip shortage impacts the overall market.</p><p><blockquote>查看英伟达、高通、恩智浦、博通、台积电和更多半导体股票的买入或卖出建议。TheStreet创始人吉姆·克莱默(Jim Cramer)表示，汽车行业的芯片短缺只会恶化。克莱默一直高度关注半导体行业随着芯片短缺影响整体市场。</blockquote></p><p>This past week, President Joe Biden hosted a semiconductor summit at the White House to discuss the shortage impacting many industries, including the auto industry.</p><p><blockquote>上周，乔·拜登总统在白宫主持了一次半导体峰会，讨论影响包括汽车行业在内的许多行业的短缺问题。</blockquote></p><p>Cramer noted ina column for Real Money&nbsp;this past week,&nbsp;\"there simply aren't enough machines being made to create more chips, even as they are working pretty much around the clock to do so.\"</p><p><blockquote>克莱默上周在《Real Money》专栏中指出，“根本没有足够的机器来制造更多芯片，尽管它们几乎全天候工作。”</blockquote></p><p>\"You think that the stocks of Applied Materials&nbsp;(<b>AMAT</b>) -Get Report, KLA Corporation&nbsp;(<b>KLA</b>), and Lam Research&nbsp;(<b>LRCX</b>) -Get Report&nbsp;would be this high otherwise?\"he added.</p><p><blockquote>“你认为应用材料的股票（<b>阿马特</b>)-Get报告，KLA公司(<b>KLA</b>），以及泛林研究（<b>LRCX</b>）-否则Get报告会这么高？”他补充道。</blockquote></p><p>Lam Research reported record fiscal third-quarter results that beat analyst estimates on Wednesday. The semiconductor equipment maker reported adjusted earnings of $7.49 on revenues of $3.85 billion for its quarter ending in March. Analysts polled by FactSet were expecting adjusted earnings of $6.62 per share on revenues of $3.72 billion.</p><p><blockquote>泛林研究周三公布了创纪录的第三财季业绩，超出了分析师的预期。这家半导体设备制造商报告称，截至3月份的季度调整后收益为7.49美元，营收为38.5亿美元。FactSet调查的分析师预计调整后每股收益为6.62美元，营收为37.2亿美元。</blockquote></p><p>“Semiconductors are reaching new heights of strategic relevance, and Lam’s differentiated ability to meet our customers’ scaling challenges positions us well amid a strong wafer fabrication spending environment,\"&nbsp;said Tim Archer, Lam Research’s President, and Chief Executive Officer, in a statement.</p><p><blockquote>Lam Research总裁兼首席执行官蒂姆·阿彻(Tim Archer)在一份声明中表示：“半导体的战略相关性正在达到新的高度，而Lam满足客户扩展挑战的差异化能力使我们在强劲的晶圆制造支出环境中处于有利地位。”</blockquote></p><p>Earlier this past week, on<i>TheStreet Live</i>, Cramer said, \"We can't have people laid off or out of work because of GM&nbsp;(<b>GM</b>) -Get Report&nbsp;and Ford's&nbsp;(<b>F</b>) -Get Report&nbsp;problems with a few chip companies. I hope that President Biden lobbies for all the chip companies to make the chips that we need. It's time.\"</p><p><blockquote>上周早些时候，在<i>街头直播</i>，克莱默说，“我们不能因为通用汽车（<b>GM</b>）-获取报告和福特的（<b>F</b>）-获取一些芯片公司的报告问题。我希望拜登总统游说所有芯片公司制造我们需要的芯片。是时候了。”</blockquote></p><p><i>For more in-depth coverage of the semiconductor sector including trading recommendations and investment strategies,follow Eric Jhonsa on Real Money.</i></p><p><blockquote><i>有关半导体行业的更深入报道，包括交易建议和投资策略，请关注Eric Jhonsa的Real Money。</i></blockquote></p><p>Here is a list of the semiconductor stocks to watch and their performance by percentage change at the close of trading on Wednesday, Apr. 21:</p><p><blockquote>以下是值得关注的半导体股票列表及其截至4月21日星期三收盘时的百分比变化表现：</blockquote></p><p><b>Nvidia Corp | -0.46% 5-Day</b></p><p><blockquote><b>英伟达公司|-0.46%5天</b></blockquote></p><p>Nvidia&nbsp;(<b>NVDA</b>) -Get Report&nbsp;shares were pressured Monday after Oliver Dowden, the U.K.'s secretary of state for digital, culture, media, and sport, said regulators were intervening in thesemiconductor company's proposed acquisition of Arm Ltd.</p><p><blockquote>英伟达(<b>NVDA</b>)-英国数字、文化、媒体和体育大臣奥利弗·道登(Oliver Dowden)表示监管机构正在干预这家半导体公司收购Arm Ltd的提议后，Get报告周一股价承压。</blockquote></p><p>The British government is looking at the Santa Clara, Calif., company's proposed $40 billion purchase of the British chip designer from Softbank Group SFTBY due to national security concerns</p><p><blockquote>出于国家安全考虑，英国政府正在考虑这家位于加州圣克拉拉的公司提出的以400亿美元从软银集团SFTBY手中收购这家英国芯片设计公司的提议</blockquote></p><p>Nvidia shares at the last check were down 2.7% to $619.47, but the company has been on fire lately and has drawn the praise of analysts. For instance, Raymond James analysts recentlyraised their price target to $750from $700 as they eye a rebound in enterprise spending and Nvidia’s new chip.</p><p><blockquote>上次检查时，英伟达股价下跌2.7%，至619.47美元，但该公司最近表现火爆，并受到分析师的赞扬。例如，Raymond James分析师最近将目标价从700美元上调至750美元，因为他们关注企业支出和Nvidia新芯片的反弹。</blockquote></p><p>TheStreet Quant Ratings rates Nvidiaas a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将Nvidia评级为买入，评级为B。</blockquote></p><p><b>Qualcomm | +0.51% 5-Day</b></p><p><blockquote><b>高通|+0.51%5天</b></blockquote></p><p>Qualcomm&nbsp;(<b>QCOM</b>) -Get Report&nbsp;was falling 2.8% to $134.30 Monday after analysts at Susquehannadowngraded shares of the chipmakerin a bearish note on the semiconductor sector.</p><p><blockquote>高通(<b>QCOM</b>)-Get Report周一下跌2.8%，至134.30美元，此前Susquehanna分析师在对半导体行业的看跌报告中下调了该芯片制造商的股票评级。</blockquote></p><p>Qualcomm was cut to neutral from positiveand its price target was also reduced to $155 a share from $175.</p><p><blockquote>高通从正面下调至中性，目标价也从每股175美元下调至155美元。</blockquote></p><p>The firm also said thatshortages in the semiconductor industrycould lead customers to accumulate inventory or double order, which could lead to over shipments that do not reflect true demand.</p><p><blockquote>该公司还表示，半导体行业的短缺可能会导致客户积累库存或重复订单，这可能会导致无法反映真实需求的过度出货。</blockquote></p><p>Qualcomm&nbsp;announced this past week that it will publish thefinancial results for its second-quarter fiscal 2021on Wednesday, Apr. 28.</p><p><blockquote>高通上周宣布，将于4月28日星期三发布2021财年第二季度财务业绩。</blockquote></p><p>TheStreet Quant Ratings rates Qualcommas a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将高通评级为买入，评级为B。</blockquote></p><p><b>Nxp Semiconductors | +0.22% 5-Day</b></p><p><blockquote><b>恩智浦半导体|+0.22%5天</b></blockquote></p><p>Nxp Semiconductors&nbsp;(<b>NXPI</b>) -Get Report&nbsp;wasdowngraded to equal-weightfrom overweight by analysts at Morgan Stanley this past week. The investment firm raised its price target on the company to $213 a share from $190.</p><p><blockquote>恩智浦半导体(<b>NXPI</b>)-上周，摩根士丹利分析师将跑赢大盘的Get Report评级下调至同等权重。该投资公司将该公司的目标股价从每股190美元上调至213美元。</blockquote></p><p>Nxp has outperformed broad-based suppliers by 115%, according to Morgan Stanley, and the S&amp;P 500 by 160%, driven by itsinclusion into the S&amp;P index in March. That rise gives NXP less room to run higher.</p><p><blockquote>根据摩根士丹利的数据，恩智浦在3月份被纳入标准普尔指数的推动下，其表现优于基础广泛的供应商115%，优于标普500 160%。这一上涨使得恩智浦走高的空间较小。</blockquote></p><p>TheStreet Quant Ratings rates NXP Semiconductorsas a Buy with a rating score of B-.</p><p><blockquote>TheStreet Quant Ratings将恩智浦半导体评级为买入，评级为B-。</blockquote></p><p><b>Advanced Micro Devices | +3.23% 5-Day</b></p><p><blockquote><b>Advanced Micro Devices|+3.23%5天</b></blockquote></p><p>Advanced Micro Devices&nbsp;(<b>AMD</b>) -Get Report&nbsp;has been trading well, likely on the back of Nvidia’s momentum, according to TheStreet's Bret Kenwell.</p><p><blockquote>先进微设备公司（<b>AMD</b>)-据TheStreet的布雷特·肯威尔(Bret Kenwell)称，Get Report的交易表现良好，这可能得益于Nvidia的势头。</blockquote></p><p>The company announced this past week that it willreport first-quarter 2021 financial resultson Tuesday, Apr. 27 after the close of the market.</p><p><blockquote>该公司上周宣布，将于4月27日星期二收盘后公布2021年第一季度财务业绩。</blockquote></p><p>The chipmaker's $35 billion deal to acquire Xilinx&nbsp;(<b>XLNX</b>) -Get Report&nbsp;was beenapproved by shareholders of both chipmakers. Under the terms, AMD will pay 1.7234 shares for each Xilinx share.</p><p><blockquote>该芯片制造商以350亿美元收购Xilinx（<b>XLNX</b>)-Get报告已获得两家芯片制造商股东的批准。根据条款，AMD将为每股Xilinx股票支付1.7234股。</blockquote></p><p></p><p>TheStreet Quant Ratings rates AMD&nbsp;as a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将AMD评级为买入，评级为B。</blockquote></p><p><b>Intel | -1.24% 5-Day</b></p><p><blockquote><b>英特尔|-1.24%5天</b></blockquote></p><p>Officials from Intel&nbsp;(<b>INTC</b>) -Get Report, Microsoft&nbsp;(<b>MSFT</b>) -Get Report, Alphabet&nbsp;(<b>GOOGL</b>) -Get Report, and General Motors&nbsp;(<b>GM</b>) -Get Report&nbsp;met with the White House earlier this month to discuss the impact aglobal semiconductor shortageis having on U.S. manufacturers.</p><p><blockquote>英特尔官员（<b>INTC</b>)-获取报告，微软(<b>MSFT</b>)-获取报告，Alphabet(<b>GOOGL</b>)-获取报告，和通用汽车(<b>GM</b>)-Get Report本月早些时候与白宫会面，讨论全球半导体短缺对美国制造商的影响。</blockquote></p><p>Last month, Intel said it wouldbuild two new chip factoriesin Arizona, as the once-dominant chipmaker tries to regain momentum and favor in the U.S.</p><p><blockquote>上个月，英特尔表示将在亚利桑那州建造两家新的芯片工厂，这家曾经占据主导地位的芯片制造商试图在美国重新获得动力和青睐。</blockquote></p><p>The companyplans to evolve into both a designer and manufacturerand next-generation computer and smartphone chips while also developing a new business -- thanks in part to a development partnership with IBM&nbsp;(<b>IBM</b>) -Get Report&nbsp;-- that allows other companies to use its Arizona hub to make their own semiconductors.</p><p><blockquote>该公司计划发展成为下一代计算机和智能手机芯片的设计者和制造商，同时开发新业务——这在一定程度上要归功于与IBM的开发合作伙伴关系（<b>IBM</b>）-获取报告-允许其他公司使用其亚利桑那州中心制造自己的半导体。</blockquote></p><p>TheStreet Quant Ratings rates Intelas a Buy with a rating score of A-.</p><p><blockquote>TheStreet Quant Ratings将英特尔评级为买入，评级为A-。</blockquote></p><p><b>Taiwan Semiconductor Manufacturing | -3.43% 5-Day</b></p><p><blockquote><b>台积电|-3.43%5天</b></blockquote></p><p>Taiwan Semiconductor Manufacturing&nbsp;(<b>TSM</b>) -Get Report&nbsp;boosted its near-term investment plans on Mar. 31,pledging to spend $100 billionover the next three years to increase production capacity, including a previously-announced factory it will build in Arizona.</p><p><blockquote>台积电(<b>TSM</b>)-Get Report于3月31日提高了近期投资计划，承诺在未来三年内斥资1000亿美元提高产能，其中包括此前宣布将在亚利桑那州建设的一家工厂。</blockquote></p><p>The companyboosted how much it will spend on CAPEXfrom $28 billion to $30 billion.</p><p><blockquote>该公司将资本支出从280亿美元增加到300亿美元。</blockquote></p><p>\"You're in good shape there. I would buy it at these levels,\"Jim Cramer said of the company this past week.</p><p><blockquote>“你们的状况很好。我会在这个水平上购买它，”吉姆·克莱默上周谈到该公司时说道。</blockquote></p><p>TheStreet Quant Ratings rates TSMas a Buy with a rating score of A.</p><p><blockquote>TheStreet Quant Ratings将TSMA评级为买入，评级为A。</blockquote></p><p><b>Broadcom | -4.32% 5-Day</b></p><p><blockquote><b>博通|-4.32%5天</b></blockquote></p><p>Cramer said Wednesday that he's worried because some typically stable stocks such as&nbsp;Disney&nbsp;(<b>DIS</b>) -Get Report, Alphabet&nbsp;(<b>GOOGL</b>) -Get Report, and Broadcom&nbsp;(<b>AVGO</b>) -Get Report&nbsp;are down.\"We need those to reverse,\" he said.</p><p><blockquote>克莱默周三表示，他很担心，因为迪士尼等一些通常稳定的股票（<b>说</b>)-获取报告，Alphabet(<b>GOOGL</b>)-获取报告，以及Broadcom(<b>AVGO</b>）-获取报告已关闭。“我们需要扭转这些局面，”他说。</blockquote></p><p>Analysts at Deutsche Bank initiated coverage of the&nbsp;cybersecurity company&nbsp;CrowdStrike&nbsp;(<b>CRWD</b>) -Get Report&nbsp;with a buy rating and $265 price target. The firm expects CrowdStrike tocontinue to land big-name new clients like Broadcom.</p><p><blockquote>德意志银行分析师开始报道网络安全公司CrowdStrike（<b>CRWD</b>)-获取具有买入评级和265美元目标价的报告。该公司预计CrowdStrike将继续获得博通等知名新客户。</blockquote></p><p>TheStreet Quant Ratings rates Broadcomas a Buy with a rating score of A-.</p><p><blockquote>TheStreet Quant Ratings将Broadcomas评级为买入，评级为A-。</blockquote></p><p><b>Micron Technology | -1.86% 5-Day</b></p><p><blockquote><b>美光科技|-1.86%5天</b></blockquote></p><p>Micron Technology&nbsp;(<b>MU</b>) -Get Report&nbsp;reported fiscal-second-quarter revenue and adjusted earnings thatexceeded Wall Street estimates. The company's adjusted earnings more than doubled to 98 cents a share from 45 cents a share in the year-earlier period.</p><p><blockquote>美光科技(<b>穆</b>)-Get Report公布的第二财季收入和调整后收益超出了华尔街的预期。该公司调整后的收益从去年同期的每股45美分增长了一倍多，达到每股98美分。</blockquote></p><p>TheStreet Quant Ratings rates Micronas a Buy with a rating score of B.</p><p><blockquote>TheStreet Quant Ratings将Micronas评为买入，评级为B。</blockquote></p><p><b>Texas Instruments | -1.37% 5-Day</b></p><p><blockquote><b>德州仪器|-1.37%5天</b></blockquote></p><p>Texas Instruments&nbsp;(<b>TXN</b>) -Get Report&nbsp;will webcast itsfirst-quarter 2021 earnings conference callon Tuesday, Apr. 27.</p><p><blockquote>德州仪器（<b>TXN</b>)-Get Report将于4月27日星期二网络直播其2021年第一季度收益电话会议。</blockquote></p><p>Rafael Lizardi, senior vice president, and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.</p><p><blockquote>高级副总裁兼首席财务官Rafael Lizardi和副总裁兼投资者关系主管Dave Pahl将讨论TI的财务业绩并回答投资者观众的问题。</blockquote></p><p>TheStreet Quant Ratings rates Texas Instrumentsas a Buy with a rating score of A.</p><p><blockquote>TheStreet Quant Ratings将德州仪器评级为买入，评级为A。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/semiconductor-watchlist-amd-shares-soar-amid-shortage\">The Street</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":{"QCOM":"高通","TXN":"德州仪器","MU":"美光科技","AMD":"美国超微公司","INTC":"英特尔","TSM":"台积电","NVDA":"英伟达","NXPI":"恩智浦"},"source_url":"https://www.thestreet.com/investing/semiconductor-watchlist-amd-shares-soar-amid-shortage","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143429933","content_text":"See buy or sell recommendations for Nvidia, Qualcomm, Nxp, Broadcom, Taiwan Semiconductor, and more semiconductor stocks.Chip shortages are only worsening in the auto sector, according to Jim Cramer, the founder of TheStreet. Cramer has been hyperfocused on the semiconductor sector as thechip shortage impacts the overall market.This past week, President Joe Biden hosted a semiconductor summit at the White House to discuss the shortage impacting many industries, including the auto industry.Cramer noted ina column for Real Money this past week, \"there simply aren't enough machines being made to create more chips, even as they are working pretty much around the clock to do so.\"\"You think that the stocks of Applied Materials (AMAT) -Get Report, KLA Corporation (KLA), and Lam Research (LRCX) -Get Report would be this high otherwise?\"he added.Lam Research reported record fiscal third-quarter results that beat analyst estimates on Wednesday. The semiconductor equipment maker reported adjusted earnings of $7.49 on revenues of $3.85 billion for its quarter ending in March. Analysts polled by FactSet were expecting adjusted earnings of $6.62 per share on revenues of $3.72 billion.“Semiconductors are reaching new heights of strategic relevance, and Lam’s differentiated ability to meet our customers’ scaling challenges positions us well amid a strong wafer fabrication spending environment,\" said Tim Archer, Lam Research’s President, and Chief Executive Officer, in a statement.Earlier this past week, onTheStreet Live, Cramer said, \"We can't have people laid off or out of work because of GM (GM) -Get Report and Ford's (F) -Get Report problems with a few chip companies. I hope that President Biden lobbies for all the chip companies to make the chips that we need. It's time.\"For more in-depth coverage of the semiconductor sector including trading recommendations and investment strategies,follow Eric Jhonsa on Real Money.Here is a list of the semiconductor stocks to watch and their performance by percentage change at the close of trading on Wednesday, Apr. 21:Nvidia Corp | -0.46% 5-DayNvidia (NVDA) -Get Report shares were pressured Monday after Oliver Dowden, the U.K.'s secretary of state for digital, culture, media, and sport, said regulators were intervening in thesemiconductor company's proposed acquisition of Arm Ltd.The British government is looking at the Santa Clara, Calif., company's proposed $40 billion purchase of the British chip designer from Softbank Group SFTBY due to national security concernsNvidia shares at the last check were down 2.7% to $619.47, but the company has been on fire lately and has drawn the praise of analysts. For instance, Raymond James analysts recentlyraised their price target to $750from $700 as they eye a rebound in enterprise spending and Nvidia’s new chip.TheStreet Quant Ratings rates Nvidiaas a Buy with a rating score of B.Qualcomm | +0.51% 5-DayQualcomm (QCOM) -Get Report was falling 2.8% to $134.30 Monday after analysts at Susquehannadowngraded shares of the chipmakerin a bearish note on the semiconductor sector.Qualcomm was cut to neutral from positiveand its price target was also reduced to $155 a share from $175.The firm also said thatshortages in the semiconductor industrycould lead customers to accumulate inventory or double order, which could lead to over shipments that do not reflect true demand.Qualcomm announced this past week that it will publish thefinancial results for its second-quarter fiscal 2021on Wednesday, Apr. 28.TheStreet Quant Ratings rates Qualcommas a Buy with a rating score of B.Nxp Semiconductors | +0.22% 5-DayNxp Semiconductors (NXPI) -Get Report wasdowngraded to equal-weightfrom overweight by analysts at Morgan Stanley this past week. The investment firm raised its price target on the company to $213 a share from $190.Nxp has outperformed broad-based suppliers by 115%, according to Morgan Stanley, and the S&P 500 by 160%, driven by itsinclusion into the S&P index in March. That rise gives NXP less room to run higher.TheStreet Quant Ratings rates NXP Semiconductorsas a Buy with a rating score of B-.Advanced Micro Devices | +3.23% 5-DayAdvanced Micro Devices (AMD) -Get Report has been trading well, likely on the back of Nvidia’s momentum, according to TheStreet's Bret Kenwell.The company announced this past week that it willreport first-quarter 2021 financial resultson Tuesday, Apr. 27 after the close of the market.The chipmaker's $35 billion deal to acquire Xilinx (XLNX) -Get Report was beenapproved by shareholders of both chipmakers. Under the terms, AMD will pay 1.7234 shares for each Xilinx share.TheStreet Quant Ratings rates AMD as a Buy with a rating score of B.Intel | -1.24% 5-DayOfficials from Intel (INTC) -Get Report, Microsoft (MSFT) -Get Report, Alphabet (GOOGL) -Get Report, and General Motors (GM) -Get Report met with the White House earlier this month to discuss the impact aglobal semiconductor shortageis having on U.S. manufacturers.Last month, Intel said it wouldbuild two new chip factoriesin Arizona, as the once-dominant chipmaker tries to regain momentum and favor in the U.S.The companyplans to evolve into both a designer and manufacturerand next-generation computer and smartphone chips while also developing a new business -- thanks in part to a development partnership with IBM (IBM) -Get Report -- that allows other companies to use its Arizona hub to make their own semiconductors.TheStreet Quant Ratings rates Intelas a Buy with a rating score of A-.Taiwan Semiconductor Manufacturing | -3.43% 5-DayTaiwan Semiconductor Manufacturing (TSM) -Get Report boosted its near-term investment plans on Mar. 31,pledging to spend $100 billionover the next three years to increase production capacity, including a previously-announced factory it will build in Arizona.The companyboosted how much it will spend on CAPEXfrom $28 billion to $30 billion.\"You're in good shape there. I would buy it at these levels,\"Jim Cramer said of the company this past week.TheStreet Quant Ratings rates TSMas a Buy with a rating score of A.Broadcom | -4.32% 5-DayCramer said Wednesday that he's worried because some typically stable stocks such as Disney (DIS) -Get Report, Alphabet (GOOGL) -Get Report, and Broadcom (AVGO) -Get Report are down.\"We need those to reverse,\" he said.Analysts at Deutsche Bank initiated coverage of the cybersecurity company CrowdStrike (CRWD) -Get Report with a buy rating and $265 price target. The firm expects CrowdStrike tocontinue to land big-name new clients like Broadcom.TheStreet Quant Ratings rates Broadcomas a Buy with a rating score of A-.Micron Technology | -1.86% 5-DayMicron Technology (MU) -Get Report reported fiscal-second-quarter revenue and adjusted earnings thatexceeded Wall Street estimates. The company's adjusted earnings more than doubled to 98 cents a share from 45 cents a share in the year-earlier period.TheStreet Quant Ratings rates Micronas a Buy with a rating score of B.Texas Instruments | -1.37% 5-DayTexas Instruments (TXN) -Get Report will webcast itsfirst-quarter 2021 earnings conference callon Tuesday, Apr. 27.Rafael Lizardi, senior vice president, and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.TheStreet Quant Ratings rates Texas Instrumentsas a Buy with a rating score of A.","news_type":1,"symbols_score_info":{"NXPI":0.9,"QCOM":0.9,"MU":0.9,"NVDA":0.9,"AMD":0.9,"TXN":0.9,"INTC":0.9,"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110811827,"gmtCreate":1622437479469,"gmtModify":1634101463132,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Nice 👍&nbsp;","listText":"Nice 👍&nbsp;","text":"Nice 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/110811827","repostId":"2139438981","repostType":4,"isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110819768,"gmtCreate":1622437323054,"gmtModify":1634101464181,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/110819768","repostId":"2139648773","repostType":4,"repost":{"id":"2139648773","kind":"highlight","pubTimestamp":1622432618,"share":"https://www.laohu8.com/m/news/2139648773?lang=zh_CN&edition=full","pubTime":"2021-05-31 11:43","market":"hk","language":"en","title":"5 Tech Stocks To Watch In June 2021<blockquote>2021年6月值得关注的5只科技股</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2139648773","media":"Nasdaq","summary":"Four Benjamins will get you strong dividends and solid growth with these stocks.","content":"<p>Could These Top Tech Stocks Be Worth Investing In?</p><p><blockquote>这些顶级科技股值得投资吗？</blockquote></p><p>For investors looking for the most active stocks today,tech stockscould be in their sights. After all, the tech industry as a whole appears to be on the recovery in thestock market today. If anything, the growth story in tech remains the same. This is because tech companies will likely continue to innovate and compete, such is the nature of tech today. Not only would this benefit organizations and investors alike, but it would also accelerate the adoption of new technologies globally. Could this be enough to warrant investors taking advantage of the current weakness in the sector?</p><p><blockquote>对于寻找当今最活跃股票的投资者来说，科技股可能是他们的目标。毕竟，今天的股市中，整个科技行业似乎正在复苏。如果说有什么不同的话，那就是科技行业的增长故事保持不变。这是因为科技公司可能会继续创新和竞争，这就是当今科技的本质。这不仅有利于组织和投资者，还将加速新技术在全球的采用。这是否足以让投资者利用该行业当前的疲软？</blockquote></p><p>Well, like it or not, the world today is heavily reliant on tech. For example, we could look at the personal computer company <a href=\"https://laohu8.com/S/DVMT\">Dell</a> (NYSE: DELL). <a href=\"https://laohu8.com/S/JE\">Just</a> this week, Dell saw earnings of $2.13 a share, well above consensus projections of $1.61. The company cites strong demand for its desktops and laptops throughout the quarter for this performance. Indeed, the consumer tech industry continues to power on regardless of the state of the world.</p><p><blockquote>不管你喜不喜欢，当今世界严重依赖科技。例如，我们可以看看个人电脑公司<a href=\"https://laohu8.com/S/DVMT\">戴尔</a>（纽约证券交易所代码：戴尔）。<a href=\"https://laohu8.com/S/JE\">刚刚</a>本周，戴尔每股收益为2.13美元，远高于市场普遍预期的1.61美元。该公司将这一业绩归功于整个季度对其台式机和笔记本电脑的强劲需求。事实上，无论世界状况如何，消费科技行业都在继续发展。</blockquote></p><p>Meanwhile, the booming cybersecurity industry is also making headlines today. This is because of <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>’s (NASDAQ: MSFT) latest blog post regarding the infamous SolarWinds (NYSE: SWI) hack. Essentially, Microsoft believes that the Russian hackers responsible have just launched another major cyberattack on over 150 organizations worldwide. As such, the need for tech as a means of defense in this modern age is greater than ever. No doubt, as the importance of tech continues to expand, tech stocks could become a more viable bet for investors. With that in mind, here are five top tech stocks in thestock marketnow.</p><p><blockquote>与此同时，蓬勃发展的网络安全行业也成为了今天的头条新闻。这是因为<a href=\"https://laohu8.com/S/MSFT\">微软</a>（纳斯达克股票代码：MSFT）关于臭名昭著的SolarWinds（纽约证券交易所股票代码：SWI）黑客攻击的最新博客文章。从本质上讲，微软认为，俄罗斯黑客刚刚对全球150多个组织发动了另一次重大网络攻击。因此，在现代，对技术作为防御手段的需求比以往任何时候都大。毫无疑问，随着科技的重要性不断扩大，科技股可能成为投资者更可行的选择。考虑到这一点，以下是目前股市上五只顶级科技股。</blockquote></p><p>Best Tech Stocks To Buy [Or Avoid]&nbsp;&nbsp;In June</p><p><blockquote>六月最值得购买[或避免]的科技股</blockquote></p><p><ul><li><b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>(NYSE: SPCE)</li><li><b><a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> Inc.</b>(NYSE: CRM)</li><li><b><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>.</b>(NASDAQ: ROKU)</li><li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc.</b>(NASDAQ: PYPL)</li><li><b><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> Inc.</b>(NYSE: TWLO)</li></ul><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> Holdings Inc.</p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/SPCE.WS\">维珍银河控股公司</a>.</b>（纽约证券交易所代码：SPCE）</li><li><b><a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a>公司。</b>（纽约证券交易所代码：CRM）</li><li><b><a href=\"https://laohu8.com/S/ROKU\">Roku公司</a>.</b>（纳斯达克：ROKU）</li><li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>控股公司。</b>（纳斯达克：PYPL）</li><li><b><a href=\"https://laohu8.com/S/TWLO\">Twilio</a>公司。</b>（纽约证券交易所代码：TWLO）</li></ul><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a>控股公司。</blockquote></p><p>Virgin is a spaceflight company that develops commercial spacecraft. The company aims to provide suborbital spaceflights to space tourists in the near future. Also, it is a vertically integrated aerospace company and uses its proprietary and reusable technologies for both private individuals and researchers. SPCE stock currently trades at $32.23 as of 2:19 p.m. ET and is up by over 50% since the start of the month.</p><p><blockquote>维珍是一家开发商业航天器的航天公司。该公司的目标是在不久的将来为太空游客提供亚轨道太空飞行。此外，它是一家垂直整合的航空航天公司，为私人和研究人员使用其专有和可重复使用的技术。截至下午2:19，SPCE股票目前交易价格为32.23美元。美国东部时间，自本月初以来上涨了50%以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/bc517907c09af08e997c7ae41bd725b3\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: <a href=\"https://laohu8.com/S/AMTD\">TD Ameritrade</a> TOS</p><p><blockquote>资料来源：<a href=\"https://laohu8.com/S/AMTD\">德美利证券</a>咳嗽</blockquote></p><p>On May 22, 2021, the company announced that it had successfully completed its first human spaceflight from Spaceport America, <a href=\"https://laohu8.com/S/NGD\">New</a> Mexico. In detail, its VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a> achieved a speed of Mach 3 after being released from the mothership VMS Eve and reached space at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America.</p><p><blockquote>2021年5月22日，该公司宣布从美国太空港成功完成首次载人航天飞行，<a href=\"https://laohu8.com/S/NGD\">新的</a>墨西哥。具体来说，它的VSS<a href=\"https://laohu8.com/S/UNTY\">团结</a>从母舰VMS Eve上释放后达到了3马赫的速度，并在55.45英里的高度到达太空，然后平稳地滑翔到美国航天港的跑道着陆。</blockquote></p><p>It has successfully completed a number of test objectives during the flight. This includes carrying out revenue-generating scientific research experiments as part of NASA’s Flight Opportunities Program and testing the spaceship’s upgraded horizontal stabilizers and flight controls. For these reasons, will you consider buying SPCE stock?</p><p><blockquote>它在飞行过程中成功完成了多项测试目标。这包括作为NASA飞行机会计划的一部分开展创收科研实验，以及测试飞船升级后的水平稳定器和飞行控制装置。出于这些原因，您会考虑购买SPCE股票吗？</blockquote></p><p>Salesforce.com Inc.</p><p><blockquote>Salesforce.com公司。</blockquote></p><p>Salesforce is a cloud-based software company that is headquartered in San Francisco, California. It provides customer relationship management service and also provides a complementary suite of enterprise applications. CRM stock currently trades at $239.45 as of 2:20 p.m. ET. Yesterday, the company reported strong first-quarter financials.</p><p><blockquote>Salesforce是一家基于云的软件公司，总部位于加利福尼亚州旧金山。它提供客户关系管理服务，还提供一套补充的企业应用程序。截至下午2:20，CRM股票目前交易价格为239.45美元。等。昨天，该公司公布了强劲的第一季度财务数据。</blockquote></p><p><img src=\"https://static.tigerbbs.com/36fe7f1877bb3dd777dfe009458bb52c\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>In it, Salesforce reported a revenue of $5.96 billion for the quarter, a 23% increase year-over-year. It also says that it currently has a remaining performance obligation of approximately $17.8 billion, up by 23% year-over-year. Salesforce says that this is the best first quarter in its company’s history so far. Its</p><p><blockquote>其中，Salesforce报告本季度营收为59.6亿美元，同比增长23%。该公司还表示，目前剩余履约义务约为178亿美元，同比增长23%。Salesforce表示，这是该公司历史上迄今为止最好的第一季度。Its</blockquote></p><p>Its Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. It is also raising its revenue guidance for this fiscal year by $250 million to approximately $26 billion. Given the excitement surrounding the company, will you add CRM stock to your portfolio?</p><p><blockquote>事实证明，其Customer 360平台是与加速走出疫情的公司最相关的技术。该公司还将本财年的收入指引上调2.5亿美元，至约260亿美元。鉴于公司周围的兴奋，您会将CRM股票添加到您的投资组合中吗？</blockquote></p><p>Roku Inc.</p><p><blockquote>Roku公司。</blockquote></p><p></p><p>Roku is a tech company that essentially pioneered streaming for TVs. In essence, it is an advertising business and its streaming devices also offer access to streaming services like <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> (NASDAQ: NFLX). Millions of people across the world use Roku’s streaming devices. Its platform enables content providers and advertisers to reach a massive and highly engaged consumer audience. ROKU stock currently trades at $350.13 as of 2:20 p.m. ET.</p><p><blockquote>Roku是一家科技公司，本质上是电视流媒体的先驱。本质上，它是一项广告业务，其流媒体设备还提供对流媒体服务的访问，例如<a href=\"https://laohu8.com/S/NFLX\">Netflix</a>（纳斯达克：NFLX）。全球有数百万人使用Roku的流媒体设备。其平台使内容提供商和广告商能够接触到大量且高度参与的消费者受众。截至下午2:20，ROKU股票目前交易价格为350.13美元。等。</blockquote></p><p><img src=\"https://static.tigerbbs.com/20f5e5430f516a2d913dd6a11d79e4a6\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>On Thursday, the company announced a landmark agreement with Saban Films. The agreement will grant Roku the pay-<a href=\"https://laohu8.com/S/AONE\">one</a> window streaming rights to movies released by Saban Films. Under the agreement, a selection of Saban’s 2021 film slate will stream free exclusively on Roku’s ad-supported streaming service, The Roku Channel.</p><p><blockquote>周四，该公司宣布与萨班电影公司达成一项具有里程碑意义的协议。该协议将授予Roku支付-<a href=\"https://laohu8.com/S/AONE\">一</a>萨班电影公司发行的电影的窗口流媒体权利。根据协议，萨班2021年的部分电影将在Roku的广告支持流媒体服务Roku频道上独家免费播放。</blockquote></p><p>“<i>Saban Films is a great partner with a history of creating standout films,</i>” said Rob Holmes, <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of Programming for Roku. “<i>This first-of-its-kind agreement allows us to bring these compelling films exclusively to our large, engaged audience for free, and to build upon the incredible growth of The Roku Channel.</i>” With that in mind, will you consider buying ROKU stock?</p><p><blockquote>“<i>萨班电影公司是一个伟大的合作伙伴，有着创造杰出电影的历史，</i>”罗伯·福尔摩斯说，<a href=\"https://laohu8.com/S/VP..UK\">副总裁</a>为Roku编程。”<i>这一首创的协议使我们能够免费将这些引人注目的电影专门带给我们庞大的、积极参与的观众，并在Roku频道令人难以置信的增长基础上再接再厉。</i>“考虑到这一点，您会考虑购买ROKU股票吗？</blockquote></p><p>PayPal Holdings Inc.</p><p><blockquote>PayPal控股公司。</blockquote></p><p>PayPal is an online payment system that is used in the majority of countries that support online money transfers. The company is committed to democratizing financial services and empowering both people and businesses to thrive in this globalized economy. Its open digital payments platform is used by over 325 million active account holders. PYPL stock currently trades at $261.22 as of 2:21 p.m. ET.</p><p><blockquote>PayPal是一种在线支付系统，在大多数支持在线汇款的国家都使用。该公司致力于金融服务的民主化，并使个人和企业能够在全球化经济中蓬勃发展。超过3.25亿活跃账户持有人使用其开放数字支付平台。截至下午2:21，PYPL股票目前交易价格为261.22美元。等。</blockquote></p><p><img src=\"https://static.tigerbbs.com/b979aa52bf024c4f143374aed1fbca1c\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>Last month, the company announced the launch of crypto on Venmo. This would allow for Venmo’s more than 70 million customers to buy, hold, and sell cryptocurrency directly within the Venmo app. <a href=\"https://laohu8.com/S/CUBI\">Customers</a> using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin, Etheruem, Litecoin, and Bitcoin Cash. Is PYPL stock worth buying given the prominence of digital payments and online transactions in 2021?</p><p><blockquote>上个月，该公司宣布在Venmo上推出加密货币。这将允许Venmo的超过7000万客户直接在Venmo应用程序中购买、持有和出售加密货币。<a href=\"https://laohu8.com/S/CUBI\">客户</a>在Venmo上使用加密货币可以从四种类型的加密货币中进行选择：比特币、以太坊、莱特币和比特币现金。鉴于2021年数字支付和在线交易的突出地位，PYPL股票值得购买吗？</blockquote></p><p>Twilio Inc.</p><p><blockquote>特维利奥公司。</blockquote></p><p>Another top tech company in focus now would be Twilio. In brief, Twilio is a San Francisco-based tech company that provides cloud communication services. Through its platform-as-a-service model, Twilio allows software developers to program communication lines between organizations and their customers. Now, this resulted in TWLO stock becoming <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest tech stocks of 2020 as the pandemic created a massive demand for Twilio’s offerings. TWLO stock currently trades at $337.70 as of 2:21 p.m. ET. Could now be the time for investors to buy in?</p><p><blockquote>现在另一家备受关注的顶级科技公司是Twilio。简而言之，Twilio是一家总部位于旧金山的科技公司，提供云通信服务。通过其平台即服务模式，Twilio允许软件开发人员对组织与其客户之间的通信线路进行编程。现在，这导致TWLO股票成为<a href=\"https://laohu8.com/S/AONE.U\">一</a>2020年最热门的科技股之一，因为疫情创造了对Twilio产品的巨大需求。截至下午2:21，TWLO股票目前交易价格为337.70美元。等。现在可能是投资者买入的时候了吗？</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d6f1646f2e118e1d7872e06530d6ab1\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>If anything, Twilio has been busy expanding its current offerings. Earlier this week, the company launched its Super SIM (SS), cellular Internet of Things (IoT) connectivity platform. In a nutshell, SS works with Twilio’s existing electronic SIM card services to provide organizations with best-in-class IoT connectivity.</p><p><blockquote>如果说有什么不同的话，那就是Twilio一直在忙于扩大其当前的产品。本周早些时候，该公司推出了超级SIM（SS），蜂窝物联网（IoT）连接平台。简而言之，SS与Twilio现有的电子SIM卡服务合作，为组织提供一流的物联网连接。</blockquote></p><p>Moreover, the company also acquired leading provider of toll-free messaging in the U.S., Zipwhip, earlier this month. Through this acquisition, Twilio would be significantly expanding its toll-free messaging services. As the company kicks into high gear, would you consider TWLO stock a buy?</p><p><blockquote>此外，该公司还在本月早些时候收购了美国领先的免费信息提供商Zipwhip。通过此次收购，Twilio将显着扩展其免费消息服务。随着公司进入高速发展，您会考虑买入TWLO股票吗？</blockquote></p><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, Inc.</p><p><blockquote>本文表达的观点和意见是作者的观点和意见，不一定反映作者的观点和意见<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>，公司。</blockquote></p><p></p>","source":"lsy1603171495471","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>5 Tech Stocks To Watch In June 2021<blockquote>2021年6月值得关注的5只科技股</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\">\n5 Tech Stocks To Watch In June 2021<blockquote>2021年6月值得关注的5只科技股</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Nasdaq</strong><span class=\"h-time small\">2021-05-31 11:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Could These Top Tech Stocks Be Worth Investing In?</p><p><blockquote>这些顶级科技股值得投资吗？</blockquote></p><p>For investors looking for the most active stocks today,tech stockscould be in their sights. After all, the tech industry as a whole appears to be on the recovery in thestock market today. If anything, the growth story in tech remains the same. This is because tech companies will likely continue to innovate and compete, such is the nature of tech today. Not only would this benefit organizations and investors alike, but it would also accelerate the adoption of new technologies globally. Could this be enough to warrant investors taking advantage of the current weakness in the sector?</p><p><blockquote>对于寻找当今最活跃股票的投资者来说，科技股可能是他们的目标。毕竟，今天的股市中，整个科技行业似乎正在复苏。如果说有什么不同的话，那就是科技行业的增长故事保持不变。这是因为科技公司可能会继续创新和竞争，这就是当今科技的本质。这不仅有利于组织和投资者，还将加速新技术在全球的采用。这是否足以让投资者利用该行业当前的疲软？</blockquote></p><p>Well, like it or not, the world today is heavily reliant on tech. For example, we could look at the personal computer company <a href=\"https://laohu8.com/S/DVMT\">Dell</a> (NYSE: DELL). <a href=\"https://laohu8.com/S/JE\">Just</a> this week, Dell saw earnings of $2.13 a share, well above consensus projections of $1.61. The company cites strong demand for its desktops and laptops throughout the quarter for this performance. Indeed, the consumer tech industry continues to power on regardless of the state of the world.</p><p><blockquote>不管你喜不喜欢，当今世界严重依赖科技。例如，我们可以看看个人电脑公司<a href=\"https://laohu8.com/S/DVMT\">戴尔</a>（纽约证券交易所代码：戴尔）。<a href=\"https://laohu8.com/S/JE\">刚刚</a>本周，戴尔每股收益为2.13美元，远高于市场普遍预期的1.61美元。该公司将这一业绩归功于整个季度对其台式机和笔记本电脑的强劲需求。事实上，无论世界状况如何，消费科技行业都在继续发展。</blockquote></p><p>Meanwhile, the booming cybersecurity industry is also making headlines today. This is because of <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>’s (NASDAQ: MSFT) latest blog post regarding the infamous SolarWinds (NYSE: SWI) hack. Essentially, Microsoft believes that the Russian hackers responsible have just launched another major cyberattack on over 150 organizations worldwide. As such, the need for tech as a means of defense in this modern age is greater than ever. No doubt, as the importance of tech continues to expand, tech stocks could become a more viable bet for investors. With that in mind, here are five top tech stocks in thestock marketnow.</p><p><blockquote>与此同时，蓬勃发展的网络安全行业也成为了今天的头条新闻。这是因为<a href=\"https://laohu8.com/S/MSFT\">微软</a>（纳斯达克股票代码：MSFT）关于臭名昭著的SolarWinds（纽约证券交易所股票代码：SWI）黑客攻击的最新博客文章。从本质上讲，微软认为，俄罗斯黑客刚刚对全球150多个组织发动了另一次重大网络攻击。因此，在现代，对技术作为防御手段的需求比以往任何时候都大。毫无疑问，随着科技的重要性不断扩大，科技股可能成为投资者更可行的选择。考虑到这一点，以下是目前股市上五只顶级科技股。</blockquote></p><p>Best Tech Stocks To Buy [Or Avoid]&nbsp;&nbsp;In June</p><p><blockquote>六月最值得购买[或避免]的科技股</blockquote></p><p><ul><li><b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>(NYSE: SPCE)</li><li><b><a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> Inc.</b>(NYSE: CRM)</li><li><b><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>.</b>(NASDAQ: ROKU)</li><li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc.</b>(NASDAQ: PYPL)</li><li><b><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> Inc.</b>(NYSE: TWLO)</li></ul><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> Holdings Inc.</p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/SPCE.WS\">维珍银河控股公司</a>.</b>（纽约证券交易所代码：SPCE）</li><li><b><a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a>公司。</b>（纽约证券交易所代码：CRM）</li><li><b><a href=\"https://laohu8.com/S/ROKU\">Roku公司</a>.</b>（纳斯达克：ROKU）</li><li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>控股公司。</b>（纳斯达克：PYPL）</li><li><b><a href=\"https://laohu8.com/S/TWLO\">Twilio</a>公司。</b>（纽约证券交易所代码：TWLO）</li></ul><a href=\"https://laohu8.com/S/SPCE\">维珍银河</a>控股公司。</blockquote></p><p>Virgin is a spaceflight company that develops commercial spacecraft. The company aims to provide suborbital spaceflights to space tourists in the near future. Also, it is a vertically integrated aerospace company and uses its proprietary and reusable technologies for both private individuals and researchers. SPCE stock currently trades at $32.23 as of 2:19 p.m. ET and is up by over 50% since the start of the month.</p><p><blockquote>维珍是一家开发商业航天器的航天公司。该公司的目标是在不久的将来为太空游客提供亚轨道太空飞行。此外，它是一家垂直整合的航空航天公司，为私人和研究人员使用其专有和可重复使用的技术。截至下午2:19，SPCE股票目前交易价格为32.23美元。美国东部时间，自本月初以来上涨了50%以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/bc517907c09af08e997c7ae41bd725b3\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: <a href=\"https://laohu8.com/S/AMTD\">TD Ameritrade</a> TOS</p><p><blockquote>资料来源：<a href=\"https://laohu8.com/S/AMTD\">德美利证券</a>咳嗽</blockquote></p><p>On May 22, 2021, the company announced that it had successfully completed its first human spaceflight from Spaceport America, <a href=\"https://laohu8.com/S/NGD\">New</a> Mexico. In detail, its VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a> achieved a speed of Mach 3 after being released from the mothership VMS Eve and reached space at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America.</p><p><blockquote>2021年5月22日，该公司宣布从美国太空港成功完成首次载人航天飞行，<a href=\"https://laohu8.com/S/NGD\">新的</a>墨西哥。具体来说，它的VSS<a href=\"https://laohu8.com/S/UNTY\">团结</a>从母舰VMS Eve上释放后达到了3马赫的速度，并在55.45英里的高度到达太空，然后平稳地滑翔到美国航天港的跑道着陆。</blockquote></p><p>It has successfully completed a number of test objectives during the flight. This includes carrying out revenue-generating scientific research experiments as part of NASA’s Flight Opportunities Program and testing the spaceship’s upgraded horizontal stabilizers and flight controls. For these reasons, will you consider buying SPCE stock?</p><p><blockquote>它在飞行过程中成功完成了多项测试目标。这包括作为NASA飞行机会计划的一部分开展创收科研实验，以及测试飞船升级后的水平稳定器和飞行控制装置。出于这些原因，您会考虑购买SPCE股票吗？</blockquote></p><p>Salesforce.com Inc.</p><p><blockquote>Salesforce.com公司。</blockquote></p><p>Salesforce is a cloud-based software company that is headquartered in San Francisco, California. It provides customer relationship management service and also provides a complementary suite of enterprise applications. CRM stock currently trades at $239.45 as of 2:20 p.m. ET. Yesterday, the company reported strong first-quarter financials.</p><p><blockquote>Salesforce是一家基于云的软件公司，总部位于加利福尼亚州旧金山。它提供客户关系管理服务，还提供一套补充的企业应用程序。截至下午2:20，CRM股票目前交易价格为239.45美元。等。昨天，该公司公布了强劲的第一季度财务数据。</blockquote></p><p><img src=\"https://static.tigerbbs.com/36fe7f1877bb3dd777dfe009458bb52c\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>In it, Salesforce reported a revenue of $5.96 billion for the quarter, a 23% increase year-over-year. It also says that it currently has a remaining performance obligation of approximately $17.8 billion, up by 23% year-over-year. Salesforce says that this is the best first quarter in its company’s history so far. Its</p><p><blockquote>其中，Salesforce报告本季度营收为59.6亿美元，同比增长23%。该公司还表示，目前剩余履约义务约为178亿美元，同比增长23%。Salesforce表示，这是该公司历史上迄今为止最好的第一季度。Its</blockquote></p><p>Its Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. It is also raising its revenue guidance for this fiscal year by $250 million to approximately $26 billion. Given the excitement surrounding the company, will you add CRM stock to your portfolio?</p><p><blockquote>事实证明，其Customer 360平台是与加速走出疫情的公司最相关的技术。该公司还将本财年的收入指引上调2.5亿美元，至约260亿美元。鉴于公司周围的兴奋，您会将CRM股票添加到您的投资组合中吗？</blockquote></p><p>Roku Inc.</p><p><blockquote>Roku公司。</blockquote></p><p></p><p>Roku is a tech company that essentially pioneered streaming for TVs. In essence, it is an advertising business and its streaming devices also offer access to streaming services like <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> (NASDAQ: NFLX). Millions of people across the world use Roku’s streaming devices. Its platform enables content providers and advertisers to reach a massive and highly engaged consumer audience. ROKU stock currently trades at $350.13 as of 2:20 p.m. ET.</p><p><blockquote>Roku是一家科技公司，本质上是电视流媒体的先驱。本质上，它是一项广告业务，其流媒体设备还提供对流媒体服务的访问，例如<a href=\"https://laohu8.com/S/NFLX\">Netflix</a>（纳斯达克：NFLX）。全球有数百万人使用Roku的流媒体设备。其平台使内容提供商和广告商能够接触到大量且高度参与的消费者受众。截至下午2:20，ROKU股票目前交易价格为350.13美元。等。</blockquote></p><p><img src=\"https://static.tigerbbs.com/20f5e5430f516a2d913dd6a11d79e4a6\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>On Thursday, the company announced a landmark agreement with Saban Films. The agreement will grant Roku the pay-<a href=\"https://laohu8.com/S/AONE\">one</a> window streaming rights to movies released by Saban Films. Under the agreement, a selection of Saban’s 2021 film slate will stream free exclusively on Roku’s ad-supported streaming service, The Roku Channel.</p><p><blockquote>周四，该公司宣布与萨班电影公司达成一项具有里程碑意义的协议。该协议将授予Roku支付-<a href=\"https://laohu8.com/S/AONE\">一</a>萨班电影公司发行的电影的窗口流媒体权利。根据协议，萨班2021年的部分电影将在Roku的广告支持流媒体服务Roku频道上独家免费播放。</blockquote></p><p>“<i>Saban Films is a great partner with a history of creating standout films,</i>” said Rob Holmes, <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of Programming for Roku. “<i>This first-of-its-kind agreement allows us to bring these compelling films exclusively to our large, engaged audience for free, and to build upon the incredible growth of The Roku Channel.</i>” With that in mind, will you consider buying ROKU stock?</p><p><blockquote>“<i>萨班电影公司是一个伟大的合作伙伴，有着创造杰出电影的历史，</i>”罗伯·福尔摩斯说，<a href=\"https://laohu8.com/S/VP..UK\">副总裁</a>为Roku编程。”<i>这一首创的协议使我们能够免费将这些引人注目的电影专门带给我们庞大的、积极参与的观众，并在Roku频道令人难以置信的增长基础上再接再厉。</i>“考虑到这一点，您会考虑购买ROKU股票吗？</blockquote></p><p>PayPal Holdings Inc.</p><p><blockquote>PayPal控股公司。</blockquote></p><p>PayPal is an online payment system that is used in the majority of countries that support online money transfers. The company is committed to democratizing financial services and empowering both people and businesses to thrive in this globalized economy. Its open digital payments platform is used by over 325 million active account holders. PYPL stock currently trades at $261.22 as of 2:21 p.m. ET.</p><p><blockquote>PayPal是一种在线支付系统，在大多数支持在线汇款的国家都使用。该公司致力于金融服务的民主化，并使个人和企业能够在全球化经济中蓬勃发展。超过3.25亿活跃账户持有人使用其开放数字支付平台。截至下午2:21，PYPL股票目前交易价格为261.22美元。等。</blockquote></p><p><img src=\"https://static.tigerbbs.com/b979aa52bf024c4f143374aed1fbca1c\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>Last month, the company announced the launch of crypto on Venmo. This would allow for Venmo’s more than 70 million customers to buy, hold, and sell cryptocurrency directly within the Venmo app. <a href=\"https://laohu8.com/S/CUBI\">Customers</a> using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin, Etheruem, Litecoin, and Bitcoin Cash. Is PYPL stock worth buying given the prominence of digital payments and online transactions in 2021?</p><p><blockquote>上个月，该公司宣布在Venmo上推出加密货币。这将允许Venmo的超过7000万客户直接在Venmo应用程序中购买、持有和出售加密货币。<a href=\"https://laohu8.com/S/CUBI\">客户</a>在Venmo上使用加密货币可以从四种类型的加密货币中进行选择：比特币、以太坊、莱特币和比特币现金。鉴于2021年数字支付和在线交易的突出地位，PYPL股票值得购买吗？</blockquote></p><p>Twilio Inc.</p><p><blockquote>特维利奥公司。</blockquote></p><p>Another top tech company in focus now would be Twilio. In brief, Twilio is a San Francisco-based tech company that provides cloud communication services. Through its platform-as-a-service model, Twilio allows software developers to program communication lines between organizations and their customers. Now, this resulted in TWLO stock becoming <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest tech stocks of 2020 as the pandemic created a massive demand for Twilio’s offerings. TWLO stock currently trades at $337.70 as of 2:21 p.m. ET. Could now be the time for investors to buy in?</p><p><blockquote>现在另一家备受关注的顶级科技公司是Twilio。简而言之，Twilio是一家总部位于旧金山的科技公司，提供云通信服务。通过其平台即服务模式，Twilio允许软件开发人员对组织与其客户之间的通信线路进行编程。现在，这导致TWLO股票成为<a href=\"https://laohu8.com/S/AONE.U\">一</a>2020年最热门的科技股之一，因为疫情创造了对Twilio产品的巨大需求。截至下午2:21，TWLO股票目前交易价格为337.70美元。等。现在可能是投资者买入的时候了吗？</blockquote></p><p><img src=\"https://static.tigerbbs.com/3d6f1646f2e118e1d7872e06530d6ab1\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p><blockquote>资料来源：德美利证券TOS</blockquote></p><p>If anything, Twilio has been busy expanding its current offerings. Earlier this week, the company launched its Super SIM (SS), cellular Internet of Things (IoT) connectivity platform. In a nutshell, SS works with Twilio’s existing electronic SIM card services to provide organizations with best-in-class IoT connectivity.</p><p><blockquote>如果说有什么不同的话，那就是Twilio一直在忙于扩大其当前的产品。本周早些时候，该公司推出了超级SIM（SS），蜂窝物联网（IoT）连接平台。简而言之，SS与Twilio现有的电子SIM卡服务合作，为组织提供一流的物联网连接。</blockquote></p><p>Moreover, the company also acquired leading provider of toll-free messaging in the U.S., Zipwhip, earlier this month. Through this acquisition, Twilio would be significantly expanding its toll-free messaging services. As the company kicks into high gear, would you consider TWLO stock a buy?</p><p><blockquote>此外，该公司还在本月早些时候收购了美国领先的免费信息提供商Zipwhip。通过此次收购，Twilio将显着扩展其免费消息服务。随着公司进入高速发展，您会考虑买入TWLO股票吗？</blockquote></p><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, Inc.</p><p><blockquote>本文表达的观点和意见是作者的观点和意见，不一定反映作者的观点和意见<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>，公司。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/5-tech-stocks-to-watch-in-june-2021-2021-05-28\">Nasdaq</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/5-tech-stocks-to-watch-in-june-2021-2021-05-28","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139648773","content_text":"Could These Top Tech Stocks Be Worth Investing In?For investors looking for the most active stocks today,tech stockscould be in their sights. After all, the tech industry as a whole appears to be on the recovery in thestock market today. If anything, the growth story in tech remains the same. This is because tech companies will likely continue to innovate and compete, such is the nature of tech today. Not only would this benefit organizations and investors alike, but it would also accelerate the adoption of new technologies globally. Could this be enough to warrant investors taking advantage of the current weakness in the sector?Well, like it or not, the world today is heavily reliant on tech. For example, we could look at the personal computer company Dell (NYSE: DELL). Just this week, Dell saw earnings of $2.13 a share, well above consensus projections of $1.61. The company cites strong demand for its desktops and laptops throughout the quarter for this performance. Indeed, the consumer tech industry continues to power on regardless of the state of the world.Meanwhile, the booming cybersecurity industry is also making headlines today. This is because of Microsoft’s (NASDAQ: MSFT) latest blog post regarding the infamous SolarWinds (NYSE: SWI) hack. Essentially, Microsoft believes that the Russian hackers responsible have just launched another major cyberattack on over 150 organizations worldwide. As such, the need for tech as a means of defense in this modern age is greater than ever. No doubt, as the importance of tech continues to expand, tech stocks could become a more viable bet for investors. With that in mind, here are five top tech stocks in thestock marketnow.Best Tech Stocks To Buy [Or Avoid]  In JuneVirgin Galactic Holdings Inc.(NYSE: SPCE)Salesforce.com Inc.(NYSE: CRM)Roku Inc.(NASDAQ: ROKU)PayPal Holdings Inc.(NASDAQ: PYPL)Twilio Inc.(NYSE: TWLO)Virgin Galactic Holdings Inc.Virgin is a spaceflight company that develops commercial spacecraft. The company aims to provide suborbital spaceflights to space tourists in the near future. Also, it is a vertically integrated aerospace company and uses its proprietary and reusable technologies for both private individuals and researchers. SPCE stock currently trades at $32.23 as of 2:19 p.m. ET and is up by over 50% since the start of the month.Source: TD Ameritrade TOSOn May 22, 2021, the company announced that it had successfully completed its first human spaceflight from Spaceport America, New Mexico. In detail, its VSS Unity achieved a speed of Mach 3 after being released from the mothership VMS Eve and reached space at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America.It has successfully completed a number of test objectives during the flight. This includes carrying out revenue-generating scientific research experiments as part of NASA’s Flight Opportunities Program and testing the spaceship’s upgraded horizontal stabilizers and flight controls. For these reasons, will you consider buying SPCE stock?Salesforce.com Inc.Salesforce is a cloud-based software company that is headquartered in San Francisco, California. It provides customer relationship management service and also provides a complementary suite of enterprise applications. CRM stock currently trades at $239.45 as of 2:20 p.m. ET. Yesterday, the company reported strong first-quarter financials.Source: TD Ameritrade TOSIn it, Salesforce reported a revenue of $5.96 billion for the quarter, a 23% increase year-over-year. It also says that it currently has a remaining performance obligation of approximately $17.8 billion, up by 23% year-over-year. Salesforce says that this is the best first quarter in its company’s history so far. ItsIts Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. It is also raising its revenue guidance for this fiscal year by $250 million to approximately $26 billion. Given the excitement surrounding the company, will you add CRM stock to your portfolio?Roku Inc.Roku is a tech company that essentially pioneered streaming for TVs. In essence, it is an advertising business and its streaming devices also offer access to streaming services like Netflix (NASDAQ: NFLX). Millions of people across the world use Roku’s streaming devices. Its platform enables content providers and advertisers to reach a massive and highly engaged consumer audience. ROKU stock currently trades at $350.13 as of 2:20 p.m. ET.Source: TD Ameritrade TOSOn Thursday, the company announced a landmark agreement with Saban Films. The agreement will grant Roku the pay-one window streaming rights to movies released by Saban Films. Under the agreement, a selection of Saban’s 2021 film slate will stream free exclusively on Roku’s ad-supported streaming service, The Roku Channel.“Saban Films is a great partner with a history of creating standout films,” said Rob Holmes, VP of Programming for Roku. “This first-of-its-kind agreement allows us to bring these compelling films exclusively to our large, engaged audience for free, and to build upon the incredible growth of The Roku Channel.” With that in mind, will you consider buying ROKU stock?PayPal Holdings Inc.PayPal is an online payment system that is used in the majority of countries that support online money transfers. The company is committed to democratizing financial services and empowering both people and businesses to thrive in this globalized economy. Its open digital payments platform is used by over 325 million active account holders. PYPL stock currently trades at $261.22 as of 2:21 p.m. ET.Source: TD Ameritrade TOSLast month, the company announced the launch of crypto on Venmo. This would allow for Venmo’s more than 70 million customers to buy, hold, and sell cryptocurrency directly within the Venmo app. Customers using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin, Etheruem, Litecoin, and Bitcoin Cash. Is PYPL stock worth buying given the prominence of digital payments and online transactions in 2021?Twilio Inc.Another top tech company in focus now would be Twilio. In brief, Twilio is a San Francisco-based tech company that provides cloud communication services. Through its platform-as-a-service model, Twilio allows software developers to program communication lines between organizations and their customers. Now, this resulted in TWLO stock becoming one of the hottest tech stocks of 2020 as the pandemic created a massive demand for Twilio’s offerings. TWLO stock currently trades at $337.70 as of 2:21 p.m. ET. Could now be the time for investors to buy in?Source: TD Ameritrade TOSIf anything, Twilio has been busy expanding its current offerings. Earlier this week, the company launched its Super SIM (SS), cellular Internet of Things (IoT) connectivity platform. In a nutshell, SS works with Twilio’s existing electronic SIM card services to provide organizations with best-in-class IoT connectivity.Moreover, the company also acquired leading provider of toll-free messaging in the U.S., Zipwhip, earlier this month. Through this acquisition, Twilio would be significantly expanding its toll-free messaging services. As the company kicks into high gear, would you consider TWLO stock a buy?The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137334841,"gmtCreate":1622297867883,"gmtModify":1631888362308,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/137334841","repostId":"2138948877","repostType":4,"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103921364,"gmtCreate":1619744038958,"gmtModify":1634210264374,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Nio will rally. Do u agree?","listText":"Nio will rally. Do u agree?","text":"Nio will rally. Do u agree?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/103921364","repostId":"2131534297","repostType":4,"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":602365289,"gmtCreate":1638974025931,"gmtModify":1638974026214,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Good review","listText":"Good//<a href=\"https://laohu8.com/U/3569277422888666\">@SolidSnake</a>:Good review","text":"Good//@SolidSnake:Good review","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/602365289","repostId":"1163556498","repostType":4,"repost":{"id":"1163556498","kind":"news","pubTimestamp":1632736902,"share":"https://www.laohu8.com/m/news/1163556498?lang=zh_CN&edition=full","pubTime":"2021-09-27 18:01","market":"us","language":"en","title":"BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163556498","media":"Seeking Alpha","summary":"Summary\n\nBlackBerry continues to face significant revenue challenges.\nA steep year-over-year revenue","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>BlackBerry continues to face significant revenue challenges.</li>  <li>A steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.</li>  <li>BlackBerry remains overvalued.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2900b6aa2b86f6c931a20cf5419d1493\" tg-width=\"1536\" tg-height=\"983\" width=\"100%\" height=\"auto\"><span>da-kuk/E+ via Getty Images</span></p><p><blockquote><ul><li>黑莓继续面临重大的收入挑战。</li><li>黑莓22年第二季度的收益卡中，收入同比大幅下降和毛利率下降尤为突出。</li><li>黑莓仍然被高估。</li></ul><p class=\"t-img-caption\"><span>da-kuk/E+来自盖蒂图片社</span></p></blockquote></p><p> BlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!</p><p><blockquote>黑莓（纽约证券交易所股票代码：BB）的困境仍在继续。该公司的收益卡显示，今年前六个月的收入同比大幅下降，运营现金流/自由现金流为负。由于营收趋势仍未扭转，该股不宜买入！</blockquote></p><p> <b>Meme buzz for a struggling business that hasn't found itself yet</b></p><p><blockquote><b>一家尚未找到自我的陷入困境的企业的模因热议</b></blockquote></p><p> BlackBerry is once again a&nbsp;hotly discussed subject&nbsp;on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.</p><p><blockquote>黑莓再次成为阅读广泛的投资论坛“WallStreetBets”上热议的话题，该论坛于2021年一举成名，当时大多数年轻投资者在Reddit上联合起来，成功迫使对冲基金平仓视频游戏零售商游戏驿站（纽约证券交易所代码：GME）。由于尚未解决的业务挑战和较高的空头利率，黑莓今年早些时候开始作为潜在的轧空目标吸引更多关注。2021年，由于Reddit组织的大量散户买盘和试图引发轧空，黑莓股价两次飙升，但该股从高点回落。自6月份以来，黑莓股价下跌了50%。黑莓约7%的股票被做空。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0fb3bca6ffae4613c23de2f92b9f565\" tg-width=\"635\" tg-height=\"433\" 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> Despite meme buzz developing around the BlackBerry name this year, the firm's&nbsp;second-quarter&nbsp;showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than&nbsp;195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.</p><p><blockquote>尽管今年围绕黑莓这个名字引起了热议，但该公司第二季度的业绩表明，业务挑战尚未成功解决，收入扭亏为盈仍未指日可待。黑莓22年第二季度的收入仅为1.75亿美元，营收同比下降32%。然而，由于网络安全收入增加，22年第二季度的收入环比增加了100万美元。由于账单增加，该公司的网络安全部门在第二季度增加了1300万美元的收入，但该部门在22年第二季度的收入水平仍与去年同期大致相同，约为1.2亿美元。物联网/IoT部门创造了4000万美元的收入，环比下降了300万美元。黑莓的物联网部门包括其QNX操作系统产生的收入，该操作系统嵌入在超过1.95亿辆汽车中。黑莓与QNX相关的收入主要来自基于生产的特许权使用费，因此该细分市场的收入前景与汽车行业的扭亏为盈前景密不可分。</blockquote></p><p> BlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.</p><p><blockquote>黑莓第二季度的毛利率也继续下降，毛利率从21年第二季度的76.8%下降至22年第二季度的64.0%。以美元计算的毛利率同比下降43.7%，仅为1.12亿美元。第二季度的美元损失总额增加了6倍，达到1.44亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ab3b3f9b4831b274e249874f90d6048\" tg-width=\"962\" tg-height=\"617\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Although BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...</p><p><blockquote>尽管黑莓的销售额环比增长了100万美元，但长期趋势显示其收入基础持续受到侵蚀。该公司在第二季度尚未好转，黑莓的苦难也尚未结束……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2189338d5de276eccdabcba751abc9c\" 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> BlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).</p><p><blockquote>然而，黑莓第二季度的经营活动产生了1200万美元的正现金流。投资后，仍有1000万美元的自由现金流……按利润率计算仅为5.7%。由于22年第一季度经营活动产生的现金流为负，2022财年前六个月的自由现金流为2500万美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b098aba440234948d23ebcda42dce31c\" tg-width=\"790\" tg-height=\"719\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p></p><p> BlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.</p><p><blockquote>黑莓预计，与上半年相比，其网络安全和物联网这两项主要业务下半年的收入将更加强劲。黑莓为其第二季度电话会议的收入指引（文字记录）进行了辩护，并表示网络安全业务在2022财年的收入应在4.95亿美元至5.15亿美元之间，收入可能会落入该范围的低端。物联网业务预计本财年将产生1.8亿至2亿美元的收入，尽管销售增长前景与汽车行业半导体的更好流动有关。根据电话会议提供的补充信息，黑莓认为2022财年下半年汽车行业复苏存在相关风险……这将影响QNX相关收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add7445e97b78d23bead4bc80eed56ea\" tg-width=\"692\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Despite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...</p><p><blockquote>尽管收入形势、亏损和负自由现金流充满挑战，黑莓的市盈率仍为6.7……这是通常为快速扩张和收入增长的公司保留的乘数。黑莓现在只提供这样一家公司的估值，而不提供基本面。市盈率假设2023财年销售额为8.82亿美元。收入预期也在下降...</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/773ca1b25e7c697a10b122383650945e\" 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> <b>Risks with BlackBerry</b></p><p><blockquote><b>黑莓的风险</b></blockquote></p><p> BlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.</p><p><blockquote>黑莓的收入仍然长期下降，到目前为止，还没有任何证据可以让市场相信情况正在好转。尽管该公司正试图通过网络安全和物联网进入新的业务方向，但收入挑战依然存在，黑莓的自由现金流并不多，毛利率下降并不完全是商业业绩增强的证据。如果黑莓找不到解决其持续收入下降和负自由现金流的方法，市场可能会对黑莓失去耐心，并用较低的销售乘数来惩罚它。</blockquote></p><p> If BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.</p><p><blockquote>如果黑莓在2022财年最后两个季度获得收入势头，实现更高的毛利率并产生正的自由现金流，那么我愿意改变对该股的前景。然而，鉴于黑莓黯淡的收入和利润率历史，这种情况发生的可能性很小。</blockquote></p><p> <b>Final thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> BlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!</p><p><blockquote>黑莓的业务继续陷入流沙，在可预见的未来，任何投资于该公司的资金都可能是“死钱”。黑莓取得实质性进展的速度不够快，收入同比大幅下降令人刺痛。黑莓需要收入和现金流出现更强劲的反弹才能增长到目前的市值。根据黑莓的商业表现，该股仍然被严重高估！</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>BlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</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\">\nBlackBerry Is Dead Money, Here's Why<blockquote>黑莓是死钱，原因如下</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\">2021-09-27 18:01</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>BlackBerry continues to face significant revenue challenges.</li>  <li>A steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.</li>  <li>BlackBerry remains overvalued.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2900b6aa2b86f6c931a20cf5419d1493\" tg-width=\"1536\" tg-height=\"983\" width=\"100%\" height=\"auto\"><span>da-kuk/E+ via Getty Images</span></p><p><blockquote><ul><li>黑莓继续面临重大的收入挑战。</li><li>黑莓22年第二季度的收益卡中，收入同比大幅下降和毛利率下降尤为突出。</li><li>黑莓仍然被高估。</li></ul><p class=\"t-img-caption\"><span>da-kuk/E+来自盖蒂图片社</span></p></blockquote></p><p> BlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!</p><p><blockquote>黑莓（纽约证券交易所股票代码：BB）的困境仍在继续。该公司的收益卡显示，今年前六个月的收入同比大幅下降，运营现金流/自由现金流为负。由于营收趋势仍未扭转，该股不宜买入！</blockquote></p><p> <b>Meme buzz for a struggling business that hasn't found itself yet</b></p><p><blockquote><b>一家尚未找到自我的陷入困境的企业的模因热议</b></blockquote></p><p> BlackBerry is once again a&nbsp;hotly discussed subject&nbsp;on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.</p><p><blockquote>黑莓再次成为阅读广泛的投资论坛“WallStreetBets”上热议的话题，该论坛于2021年一举成名，当时大多数年轻投资者在Reddit上联合起来，成功迫使对冲基金平仓视频游戏零售商游戏驿站（纽约证券交易所代码：GME）。由于尚未解决的业务挑战和较高的空头利率，黑莓今年早些时候开始作为潜在的轧空目标吸引更多关注。2021年，由于Reddit组织的大量散户买盘和试图引发轧空，黑莓股价两次飙升，但该股从高点回落。自6月份以来，黑莓股价下跌了50%。黑莓约7%的股票被做空。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c0fb3bca6ffae4613c23de2f92b9f565\" tg-width=\"635\" tg-height=\"433\" 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> Despite meme buzz developing around the BlackBerry name this year, the firm's&nbsp;second-quarter&nbsp;showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than&nbsp;195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.</p><p><blockquote>尽管今年围绕黑莓这个名字引起了热议，但该公司第二季度的业绩表明，业务挑战尚未成功解决，收入扭亏为盈仍未指日可待。黑莓22年第二季度的收入仅为1.75亿美元，营收同比下降32%。然而，由于网络安全收入增加，22年第二季度的收入环比增加了100万美元。由于账单增加，该公司的网络安全部门在第二季度增加了1300万美元的收入，但该部门在22年第二季度的收入水平仍与去年同期大致相同，约为1.2亿美元。物联网/IoT部门创造了4000万美元的收入，环比下降了300万美元。黑莓的物联网部门包括其QNX操作系统产生的收入，该操作系统嵌入在超过1.95亿辆汽车中。黑莓与QNX相关的收入主要来自基于生产的特许权使用费，因此该细分市场的收入前景与汽车行业的扭亏为盈前景密不可分。</blockquote></p><p> BlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.</p><p><blockquote>黑莓第二季度的毛利率也继续下降，毛利率从21年第二季度的76.8%下降至22年第二季度的64.0%。以美元计算的毛利率同比下降43.7%，仅为1.12亿美元。第二季度的美元损失总额增加了6倍，达到1.44亿美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ab3b3f9b4831b274e249874f90d6048\" tg-width=\"962\" tg-height=\"617\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Although BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...</p><p><blockquote>尽管黑莓的销售额环比增长了100万美元，但长期趋势显示其收入基础持续受到侵蚀。该公司在第二季度尚未好转，黑莓的苦难也尚未结束……</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2189338d5de276eccdabcba751abc9c\" 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> BlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).</p><p><blockquote>然而，黑莓第二季度的经营活动产生了1200万美元的正现金流。投资后，仍有1000万美元的自由现金流……按利润率计算仅为5.7%。由于22年第一季度经营活动产生的现金流为负，2022财年前六个月的自由现金流为2500万美元。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b098aba440234948d23ebcda42dce31c\" tg-width=\"790\" tg-height=\"719\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p></p><p> BlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.</p><p><blockquote>黑莓预计，与上半年相比，其网络安全和物联网这两项主要业务下半年的收入将更加强劲。黑莓为其第二季度电话会议的收入指引（文字记录）进行了辩护，并表示网络安全业务在2022财年的收入应在4.95亿美元至5.15亿美元之间，收入可能会落入该范围的低端。物联网业务预计本财年将产生1.8亿至2亿美元的收入，尽管销售增长前景与汽车行业半导体的更好流动有关。根据电话会议提供的补充信息，黑莓认为2022财年下半年汽车行业复苏存在相关风险……这将影响QNX相关收入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add7445e97b78d23bead4bc80eed56ea\" tg-width=\"692\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: BlackBerry</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：黑莓</span></p></blockquote></p><p> Despite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...</p><p><blockquote>尽管收入形势、亏损和负自由现金流充满挑战，黑莓的市盈率仍为6.7……这是通常为快速扩张和收入增长的公司保留的乘数。黑莓现在只提供这样一家公司的估值，而不提供基本面。市盈率假设2023财年销售额为8.82亿美元。收入预期也在下降...</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/773ca1b25e7c697a10b122383650945e\" 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> <b>Risks with BlackBerry</b></p><p><blockquote><b>黑莓的风险</b></blockquote></p><p> BlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.</p><p><blockquote>黑莓的收入仍然长期下降，到目前为止，还没有任何证据可以让市场相信情况正在好转。尽管该公司正试图通过网络安全和物联网进入新的业务方向，但收入挑战依然存在，黑莓的自由现金流并不多，毛利率下降并不完全是商业业绩增强的证据。如果黑莓找不到解决其持续收入下降和负自由现金流的方法，市场可能会对黑莓失去耐心，并用较低的销售乘数来惩罚它。</blockquote></p><p> If BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.</p><p><blockquote>如果黑莓在2022财年最后两个季度获得收入势头，实现更高的毛利率并产生正的自由现金流，那么我愿意改变对该股的前景。然而，鉴于黑莓黯淡的收入和利润率历史，这种情况发生的可能性很小。</blockquote></p><p> <b>Final thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p> BlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!</p><p><blockquote>黑莓的业务继续陷入流沙，在可预见的未来，任何投资于该公司的资金都可能是“死钱”。黑莓取得实质性进展的速度不够快，收入同比大幅下降令人刺痛。黑莓需要收入和现金流出现更强劲的反弹才能增长到目前的市值。根据黑莓的商业表现，该股仍然被严重高估！</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4457135-blackberry-bb-stock-earnings-dead-money\">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":{"BB":"黑莓"},"source_url":"https://seekingalpha.com/article/4457135-blackberry-bb-stock-earnings-dead-money","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163556498","content_text":"Summary\n\nBlackBerry continues to face significant revenue challenges.\nA steep year-over-year revenue decline and lower gross margins loomed large in BlackBerry’s Q2’22 earnings card.\nBlackBerry remains overvalued.\n\nda-kuk/E+ via Getty Images\nBlackBerry's(NYSE:BB)struggles continue. The firm's earnings card showed a large revenue drop year over year and negative operating cash flow/free cash flow for the first six months of the year. Since the revenue trend still hasn't been reversed, the stock is not a buy!\nMeme buzz for a struggling business that hasn't found itself yet\nBlackBerry is once again a hotly discussed subject on the widely read investment forum \"WallStreetBets\", which shot to fame in 2021 when mostly younger investors banded together on Reddit and successfully forced hedge funds to close their short positions in video game retailer GameStop(NYSE:GME). BlackBerry started to attract more attention as a potential short squeeze target earlier this year due to its unresolved business challenges and high short interest ratio. In 2021, shares of BlackBerry spiked twice on heavy, Reddit-organized retail buying and attempts to ignite a short squeeze, but the stock faded from its highs. Shares of BlackBerry went through a 50% drop in pricing since June. About 7% of BlackBerry's shares are shorted.\nData by YCharts\nDespite meme buzz developing around the BlackBerry name this year, the firm's second-quarter showed that business challenges have not successfully been addressed yet and that a revenue turnaround is still not around the corner. BlackBerry generated just $175M in revenues in Q2'22, showing a top-line decline of 32% year over year. Q2'22 revenues, however, increased $1M quarter over quarter on higher Cyber Security revenues. The firm's Cyber Security segment added $13M in revenues in the second-quarter due to strengthening billings, but the segment still generated about the same level of revenues in Q2'22 as it did in the year-earlier period, about $120M. The Internet of Things/IoT segment generated $40M in revenues, a decline of $3M quarter over quarter. BlackBerry's IoT segment includes revenues generated from its QNX operating system which is embedded in more than 195M vehicles. BlackBerry's QNX-related revenues come chiefly from production-based royalties so the revenue outlook for this segment is inextricably tied to the turnaround prospects of the automotive industry.\nBlackBerry's gross margins also continued to decline in the second-quarter with gross margins falling from 76.8% in Q2'21 to 64.0% in Q2'22. Gross margin, expressed as dollars, declined 43.7% year over year to only $112M. Total dollar loss in the second-quarter increased by a factor of six to $144M.\nSource: BlackBerry\nAlthough BlackBerry generated a $1M increase in sales growth quarter over quarter, the longer-term trend shows a continual erosion of its revenue base. The firm has not turned the corner in the second-quarter and BlackBerry's suffering has not ended yet...\nData by YCharts\nBlackBerry, however, generated a positive cash flow from operating activities of $12M in the second-quarter. After investments, $10M in free cash flow remained… which calculates to a margin of just 5.7%. Due to negative cash flow from operating activities in Q1'22, free cash flow for the first six months of FY 2022 was $(25M).\nSource: BlackBerry\nBlackBerry sees stronger revenues in the second half of the year compared to the first-half for both of its main businesses, Cyber Security and IoT. BlackBerry defended its revenue guidance on the second-quarter Conference Call (transcript) and said that the Cyber Security business should generate between $495M and $515M in revenues in FY 2022, with revenues likely to fall into the low end of the range. The IoT business is expected to generate $180M to $200M in revenues this fiscal year, although prospects for sales growth are related to a better flow of semiconductors in the automotive industry. Based on complementary information provided on the Conference Call, BlackBerry sees risks related to the recovery of the automotive sector in the second-half of FY 2022… which is set to impact QNX-related revenues.\nSource: BlackBerry\nDespite a challenging revenue situation, losses and negative free cash flow, BlackBerry trades at a P-S ratio of 6.7… a multiplier factor normally reserved for companies that are expanding and growing revenues rapidly. BlackBerry now offers only the valuation of such a company, but not the fundamentals. The P-S ratio assumes FY 2023 sales of $882M. Revenue estimates are also falling...\nData by YCharts\nRisks with BlackBerry\nBlackBerry is still subject to a long-term revenue decline and so far no evidence has come to light that could lead the market to believe that things are changing for the better. Although the firm is trying to move into a new business direction with Cyber Security and IoT, revenue challenges persist, BlackBerry's free cash flow is not great and declining gross margins are not exactly evidence of strengthening commercial performance. If BlackBerry doesn't find a solution to its consistent revenue declines and its negative free cash flow, the market could lose its patience with BlackBerry and punish it with a lower sales multiplier.\nIf BlackBerry gains revenue momentum in the last two quarters of FY 2022, achieves higher gross margins and generates positive free cash flow, then I am willing to change my outlook for the stock. Given BlackBerry's dim revenue and margin history, however, the chances of this happening are slim.\nFinal thoughts\nBlackBerry's business continues to be stuck in quicksand and any money invested in the firm is likely \"dead money\" for the foreseeable future. BlackBerry is not making material progress fast enough and the steep year-over-year revenue decline stings. BlackBerry needs a much stronger rebound in revenues and cash flow to grow into its current market value. Based on BlackBerry's commercial performance, the shares remain massively overvalued!","news_type":1,"symbols_score_info":{"BB":0.9}},"isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":148866569,"gmtCreate":1625967687551,"gmtModify":1631888361117,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/148866569","repostId":"1196440758","repostType":4,"repost":{"id":"1196440758","kind":"news","pubTimestamp":1625967335,"share":"https://www.laohu8.com/m/news/1196440758?lang=zh_CN&edition=full","pubTime":"2021-07-11 09:35","market":"us","language":"en","title":"2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196440758","media":"Motley Fool","summary":"Both of these companies grew revenue by triple-digit rates in their most recent quarters. More importantly, their futures look bright.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</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>2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-11 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196440758","content_text":"Key Points\n\nGrowth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.\nStay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.\nBoth of these fast-growing tech businesses are already profitable.\n\nThere's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like Waste Management and Berkshire Hathaway. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.\nThe issue with buying growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.\nSo if an investor wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.\nIMAGE SOURCE: GETTY IMAGES.\nHere are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:Zoom Video Communications(NASDAQ:ZM) and Peloton Interactive(NASDAQ:PTON).\nZoom and Peloton were already thriving before the pandemic\nAt first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.\nIt's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.\nThe same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.\nContinued momentum\nThe underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.\nDespite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.\nLooking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.\nBoding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.\nHealthy profits\nFinally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.\nSubstantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.\nWhile there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.","news_type":1,"symbols_score_info":{"PTON":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127046259,"gmtCreate":1624807562171,"gmtModify":1633948459370,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"themes":[],"htmlText":"Go for Nio. Vested","listText":"Go for Nio. Vested","text":"Go for Nio. Vested","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/127046259","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=zh_CN&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销售额是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</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>Ford Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</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\">\nFord Or NIO? The Final Verdict<blockquote>福特还是蔚来？最终判决</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-27 08:40</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>I am comparing Ford against NIO in different categories.</li>  <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>  <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p><p><blockquote><ul><li>我在不同的类别中比较福特和蔚来。</li><li>此次比较旨在加深对福特和蔚来增长潜力的了解，同时突出市场地位和机会的差异。</li><li>蔚来的增长速度比福特快得多，高估值可能是合理的。</li></ul><p class=\"t-img-caption\"><span>peterschreiber.media/iStock来自Getty Images</span></p></blockquote></p><p> With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p><p><blockquote>随着福特（F）在电动汽车市场发起重大攻势，中国电动汽车制造商蔚来（蔚来）未来将面临多一个竞争对手争夺销量。根据市场机会、规模、收入模式、增长前景和估值，哪家汽车制造商提供了最好的交易？我将在每个类别中比较福特和蔚来，并在最后做出最终裁决。</blockquote></p><p> <b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p><p><blockquote><b>福特vs蔚来：全球电动车市场争夺战升温</b></blockquote></p><p> Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p><p><blockquote>尽管福特和蔚来之间存在天壤之别，但两家公司将在快速增长的全球电动汽车市场上展开正面交锋。福特的车队尚未专注于电动汽车，但这种情况将会改变：感觉到电动汽车竞赛正在升温，福特表示正在加速其电气化计划，到2025年投资300B美元用于电动汽车制造能力。福特之前的资本计划要求对零排放汽车投资220亿美元。福特还设定了一个雄心勃勃的销售目标：未来十年内其全球销量的40%将是电动汽车，皮卡销量的33%将是电动汽车。如今，电动汽车销量仅占福特销量的1%。随着福特逐步淘汰内燃机，它将在2040年发展成为一家全电动汽车制造商。</blockquote></p><p> <b>Market opportunity</b></p><p><blockquote><b>市场机会</b></blockquote></p><p> In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p><p><blockquote>2020年，全球电动汽车销量为320万辆，市场份额仅为4.2%。然而，2020年，中国购买了全球41%的电动汽车。中国买家去年购买了130万辆电动汽车，随着北京寻求提高电动汽车的采用率，销量将快速增长。电动汽车的第二大市场是欧洲，占全球电动汽车销量的42%。美国只是世界上插电式电动汽车的第三大市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：维基百科）</span></p></blockquote></p><p> China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p><p><blockquote>迄今为止，中国是世界上增长最快的电动汽车市场，尽管欧洲正在迅速赶上，部分原因是立法努力增加零排放乘用车的采用，以及对全欧洲充电站网络的大量投资。蔚来即将进入欧洲市场，以期在竞争准备就绪之前扩大在全球第二大电动汽车市场的市场份额。</blockquote></p><p> Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p><p><blockquote>北京是蔚来汽车行业电气化背后的驱动力：政府希望到2025年电动汽车在新车销售中的份额达到20%，这将推动电动汽车在国内市场的渗透率。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> Turning to growth projections.</p><p><blockquote>转向增长预测。</blockquote></p><p> With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p><p><blockquote>随着中国和欧洲等地政府对电动汽车制造商采取更有利的政策，这些市场有望出现全球最快的销售增长和最高的电动汽车采用率。由于人口规模，中国不仅是最大的市场，而且预计到2030年，中国的电动汽车销量将超过世界上所有其他市场。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：麦肯锡）</span></p></blockquote></p><p> Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p><p><blockquote>由于中国拥有更大的总市场规模、更高的电动汽车采用率、更强劲的预期销售增长以及更有利的监管框架，因此中国的赢家将是：蔚来。</blockquote></p><p> <b>Scale and manufacturing competence</b></p><p><blockquote><b>规模和制造能力</b></blockquote></p><p> Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p><p><blockquote>福特拥有一个世纪的制造经验。但到目前为止，福特的产品线中只有一款全电动汽车可以与蔚来相媲美：野马Mach-E SUV。2022年，福特将开始销售全电动F-150 Lightening，该车建立在福特最畅销皮卡车的成功基础上。蔚来已经拥有更强大的产品目录，包括5座ES6 SUV、5座轿跑SUV EC6以及6座和7座全尺寸SUV ES8。</blockquote></p><p></p><p> Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p><p><blockquote>由于蔚来仅专注于生产电动汽车，并且占据了非常小且明确的利基市场，因此这家中国公司在电动汽车制造专业知识方面具有优势。问题是这种优势能持续多久。福特在制造汽车方面拥有丰富的经验，可以利用全球制造基地以比任何利基电动汽车制造商所希望的更快的速度提高电动汽车产量。这使得福特不仅在美国成为特斯拉(TSLA)的有力竞争对手，而且在国外也成为蔚来的有力竞争对手。福特正在加速其电气化计划，它有资源和雄心在未来十年内成为电动汽车的领导者。福特提议在其车队电气化上投入300B美元，这将加速其转型，并使福特成为其他电动汽车制造商的长期威胁。</blockquote></p><p> Winner here: Ford.</p><p><blockquote>赢家：福特。</blockquote></p><p> <b>Differentiation and BaaS revenue model</b></p><p><blockquote><b>差异化和BaaS收入模式</b></blockquote></p><p> Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p><p><blockquote>福特和蔚来都知道差异化在一个竞争只会随着时间的推移而变得更加激烈的市场中的重要性，这就是为什么两家公司都在一个可以打破或巩固电动汽车市场主导地位的相关领域：电池技术。</blockquote></p><p> Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p><p><blockquote>福特正在与韩国电池技术公司SK Innovation组建一家合资企业，以确保牵引电池单元和阵列模块的供应。该合资企业旨在加速电池交付，每年将生产约60 GWh，足以满足福特到2030年预计年度能源需求的25%。蔚来也在投资电池技术，并成立了自己的合资企业来确保电池供应。</blockquote></p><p> The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p><p><blockquote>与福特的不同之处在于，蔚来的电池投资策略围绕电池订阅模式，也称为“电池即服务”，这为这家中国汽车制造商创造了强大的长期收入机会。在这种“BaaS”模式下，购买蔚来电动汽车的用户可以获得7万元人民币的初始折扣，相当于1.08万美元，并且可以签约包月租用可充电的70 kWh电池。然后可以在蔚来的一个电池交换站更换电池，该站遍布中国大多数大城市。电池订阅费用为每月980元人民币，相当于150美元。</blockquote></p><p> The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p><p><blockquote>BaaS模式对汽车制造商和用户都有几个好处：由于预付折扣，从蔚来购买电动汽车变得更加实惠，订阅模式确保用户受益于电池技术的进步和更好的性能随着时间的推移。将电池成本与汽车价格脱钩为蔚来创造了一个全新的订阅收入来源。“BaaS”订阅的收入可用于增加蔚来充电/更换站网络的密度。电池订阅模式还将客户与蔚来绑定在一起，有可能增加客户的终身价值。</blockquote></p><p> Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p><p><blockquote>福特和蔚来准备从电动汽车电池成本下降中受益，因为它们增加了资本配置。随着越来越多的投资流入开发更高效的电池，性能将会提高，成本将会下降，这将推动电动汽车的采用并使所有电动汽车制造商受益。这是因为较低的电池价格使电动汽车与内燃机乘用车相比更具竞争力。但由于蔚来明确围绕电池订阅构建其商业模式的一部分，蔚来可能比福特受益更多。</blockquote></p><p> Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p><p><blockquote>根据投资公司施罗德(Schroders)提供的信息，自2014年以来，电动汽车的电池成本已下降70%，并且在本十年还将进一步下降。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：施罗德）</span></p></blockquote></p><p> The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p><p><blockquote>“BaaS”模式非常天才，从长远来看，它可能会发展成为蔚来每年5亿美元的收入机会。尽管福特正在加大对电池技术的投资，但这一类别的赢家是：蔚来。</blockquote></p><p> <b>Sales growth and valuation</b></p><p><blockquote><b>销售增长和估值</b></blockquote></p><p> Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p><p><blockquote>福特5月份销量同比增长4.1%，但电动汽车销量（包括混合动力汽车）同比飙升184%，福特5月份售出创纪录的10,364辆电动汽车/混合动力汽车。Escape electrified销量和Explorer Hybrid销量同比增长125%和132%，显示出强劲的客户接受度。蔚来上个月交付了6,711辆汽车，其中包括3,017辆ES6、1,412辆ES8和2,282辆EC6。5月份总交付量同比增长率为95.3%。</blockquote></p><p> Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p><p><blockquote>福特的销售额是蔚来的54倍，这为蔚来创造了更多的销售增长和价值重估潜力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p><p><blockquote>福特和蔚来的估值差异就像白天和黑夜的区别。这是因为尽管电动汽车类别出现爆炸性增长，但福特仍被视为一家成熟的汽车制造商，预计企业销量将实现中低位数增长。预计到2025财年（基准年：2020财年），福特的收入将增长33%，蔚来的收入将增长808%！</blockquote></p><p> Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p><p><blockquote>由于这些销量增长的差异，蔚来与福特完全相反，至少就估值而言。这家中国电动汽车制造商预计今年的销量和交付量将增长接近100%，由于蔚来只经营电动汽车，蔚来的市值与销售额比率远高于福特。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p><p><blockquote><p class=\"t-img-caption\"><span>（来源：作者）</span></p></blockquote></p><p> <b>NIO has larger risks...</b></p><p><blockquote><b>蔚来风险更大……</b></blockquote></p><p> NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p><p><blockquote>蔚来是风险更大的企业，但也是最有希望的企业。政府政策有利于蔚来等电动汽车制造商。蔚来的全球总销量增长潜力更大，因为与福特相比，它的收入基础较小。但也有一些事情对蔚来不利。例如，对于蔚来来说，由于生产缺陷而导致的召回将是一个比福特更大的挑战，福特可以依赖全球服务和分销网络。蔚来的估值也并非没有风险，因为生产受挫导致销售增长意外放缓将对财务状况造成更大的影响。</blockquote></p><p> <b>Final verdict</b></p><p><blockquote><b>终审判决</b></blockquote></p><p> NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p><p><blockquote>蔚来绝对是更“性感”的汽车制造商。中欧的强劲采用和销售增长支持了蔚来。其超级智能BaaS模型将车辆购买价格与电池成本脱钩，这是天才之举。你为这种增长付出了高昂的代价，但蔚来的市场机会是巨大的。</blockquote></p><p> Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p><p><blockquote>福特的电动汽车销量正在蓬勃发展，随着汽车制造商对其车队进行电气化，电动汽车销量的比例将会增加。福特在电动汽车市场潜力巨大，但由于电动汽车销量占总销量的比例仍然相对较低，福特需要很长时间才能完成转型。</blockquote></p><p> If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</p><p><blockquote>如果您相信全球电动汽车市场的潜力，请购买蔚来。如果您相信全球电动汽车市场的潜力并且不喜欢太多风险，请购买福特。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">seekingalpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1,"symbols_score_info":{"NIO":0.9,"F":0.9}},"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}