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joeyygagner

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2021-11-22

Kay

Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</blockquote>

2021-11-05

Ok

Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>

2021-11-05

Okqy

U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</blockquote>

2021-10-27

Nice

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2021-10-27

Ok

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2021-08-15

Ok

These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>

2021-07-11

Goodd

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

2021-07-08

Okayyyyy

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2021-07-03

That great

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2021-07-02

Nice

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2021-07-02

Good

A Wave of Earnings Restatements Slams a Hot Market<blockquote>一波财报重述冲击火热市场</blockquote>

2021-06-18

//@Foured:Please help me to like and Comment to get feature ! //@Foured:Let’s go Disney!

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2021-06-18

//@Foured:Please help me to like and Comment to get feature ! // @Foured: Let’s go Disney!

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2021-06-08

Wow

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2021-06-05

Wiw

FTSE Russell removed GameStop from the small-cap index<blockquote>富时罗素将游戏驿站从小盘股指数中移除</blockquote>

2021-06-03

Ok

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2021-06-03

Ok

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2021-06-01

Ok//@joeyygagner:Noce

Amazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote>

2021-06-01

Noce

Amazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote>

2021-06-01

Nice

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06:44","market":"us","language":"en","title":"Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153786917","media":"Barrons","summary":"The tail end of third-quarter earnings season will bring more results from major retailers next week","content":"<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>第三季度财报季的尾声将在下周带来主要零售商的更多业绩，就在购物者为黑色星期五做准备之际。本周二，投资者将从一些零售业巨头那里获得季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和盖普。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和 VMware、周三的Deere以及周五的拼多多、美团和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>本周二，IHS Markit 将发布 11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会发布了 11 月初货币政策会议纪要。美国人口普查局还发布了10月份耐用品报告，而美国经济分析局则报告了10月份的个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技和Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。去年 10 月，成屋销售量达到金融危机后的峰值 673 万套，今年大部分时间都在下降，部分原因是供应限制，尤其是房地产市场的低价端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>Analog Devices、Autodesk、Best Buy、Burlington Stores、Dell Technologies、Dick's Sporting Goods、Dollar Tree、Gap、HPInc、JMSmucker、Jacobs Engineering Group、Medtronic 和 VMware 报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit 发布</b>11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。这两个数字都略高于10月份的数据。这两个指数都偏离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年增长率为 2.2%，高于东亚银行 10 月底 2% 的初步估计。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布 2021 年第四季度财报。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布 11 月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测，耐用品制成品新订单环比增长 0.2%，达到 2620 亿美元。不包括运输，新订单增长 0.5%，与 9 月份的涨幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。普遍的看涨期权是，继 9 月份下降 1% 之后，收入每月增长 0.4%。个人支出预计将环比增长 1%，增幅快于 9 月份 0.6%。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国股市</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</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>Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</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\">\nBest Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-22 06:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>第三季度财报季的尾声将在下周带来主要零售商的更多业绩，就在购物者为黑色星期五做准备之际。本周二，投资者将从一些零售业巨头那里获得季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和盖普。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和 VMware、周三的Deere以及周五的拼多多、美团和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>本周二，IHS Markit 将发布 11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会发布了 11 月初货币政策会议纪要。美国人口普查局还发布了10月份耐用品报告，而美国经济分析局则报告了10月份的个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技和Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。去年 10 月，成屋销售量达到金融危机后的峰值 673 万套，今年大部分时间都在下降，部分原因是供应限制，尤其是房地产市场的低价端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>Analog Devices、Autodesk、Best Buy、Burlington Stores、Dell Technologies、Dick's Sporting Goods、Dollar Tree、Gap、HPInc、JMSmucker、Jacobs Engineering Group、Medtronic 和 VMware 报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit 发布</b>11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。这两个数字都略高于10月份的数据。这两个指数都偏离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年增长率为 2.2%，高于东亚银行 10 月底 2% 的初步估计。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布 2021 年第四季度财报。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布 11 月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测，耐用品制成品新订单环比增长 0.2%，达到 2620 亿美元。不包括运输，新订单增长 0.5%，与 9 月份的涨幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。普遍的看涨期权是，继 9 月份下降 1% 之后，收入每月增长 0.4%。个人支出预计将环比增长 1%，增幅快于 9 月份 0.6%。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国股市</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3\">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":{".SPX":"S&P 500 Index","ZM":"Zoom","DELL":"戴尔","BBY":"百思买",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DE":"迪尔股份有限公司"},"source_url":"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153786917","content_text":"The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and Gap.\nFriday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.\nNon-retail highlights on the earnings calendar next week include Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and VMware on Tuesday, Deere on Wednesday and Pinduoduo,Meituan and RLX Technology on Friday.\nThe National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.\nOn Tuesday,IHS Markit releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.\nOn Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.\nU.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.\nAgilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.\nThe National Association of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.\nAnalog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.\nIHS Markit releases both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.\nThe BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.\nDeere reports fiscal fourth-quarter 2021 results.\nThe Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.\nThe Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.\nThe BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.\nU.S. bourses and fixed-income markets are closed in observance of Thanksgiving.\nIt’s Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.","news_type":1,"symbols_score_info":{"BBY":0.9,"DE":0.9,"ZM":0.9,"DELL":0.9,".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842993481,"gmtCreate":1636123507747,"gmtModify":1636123507900,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842993481","repostId":"1148714653","repostType":4,"repost":{"id":"1148714653","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":1636121613,"share":"https://www.laohunote.com/m/news/1148714653?lang=zh_CN&edition=full","pubTime":"2021-11-05 22:13","market":"us","language":"en","title":"Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148714653","media":"Tiger Newspress","summary":"Big tech stocks climbed in morning trading.Alphabet,Amazon and Meta Platforms rose more than 1%.\n\nAm","content":"<p>Big tech stocks climbed in morning trading.Alphabet,Amazon&nbsp;and&nbsp;Meta Platforms&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>大型科技股在早盘交易中攀升。Alphabet、亚马逊和 Meta Platforms 上涨超过 1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1d9af1ecdb652e43a2a5563fdf926ed4\" tg-width=\"415\" tg-height=\"304\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Amazon may have disappointed in the last two quarters, but Wall Street remains bullish.</p><p><blockquote>亚马逊在过去两个季度可能令人失望，但华尔街仍然看好。</blockquote></p><p> The better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.</p><p><blockquote>更好的消息是，没有一位分析师彻底看跌亚马逊股票。事实上，华尔街最低目标价仍有 9% 的上涨机会，而平均目标价则表明未来涨幅约为 20%。</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>Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</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\">\nBig tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 22:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Big tech stocks climbed in morning trading.Alphabet,Amazon&nbsp;and&nbsp;Meta Platforms&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>大型科技股在早盘交易中攀升。Alphabet、亚马逊和 Meta Platforms 上涨超过 1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1d9af1ecdb652e43a2a5563fdf926ed4\" tg-width=\"415\" tg-height=\"304\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Amazon may have disappointed in the last two quarters, but Wall Street remains bullish.</p><p><blockquote>亚马逊在过去两个季度可能令人失望，但华尔街仍然看好。</blockquote></p><p> The better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.</p><p><blockquote>更好的消息是，没有一位分析师彻底看跌亚马逊股票。事实上，华尔街最低目标价仍有 9% 的上涨机会，而平均目标价则表明未来涨幅约为 20%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","FB":"ProShares S&P 500 Dynamic Buffer ETF","MSFT":"微软","AAPL":"苹果","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148714653","content_text":"Big tech stocks climbed in morning trading.Alphabet,Amazon and Meta Platforms rose more than 1%.\n\nAmazon may have disappointed in the last two quarters, but Wall Street remains bullish.\nThe better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.","news_type":1,"symbols_score_info":{"AMZN":0.9,"MSFT":0.9,"FB":0.9,"GOOGL":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842990335,"gmtCreate":1636123409246,"gmtModify":1636123409396,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Okqy","listText":"Okqy","text":"Okqy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842990335","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","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":1636104081,"share":"https://www.laohunote.com/m/news/1136116425?lang=zh_CN&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2:00结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美国股市的常规交易时段将提前一小时，即北京时间晚上22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</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>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</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\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2:00结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美国股市的常规交易时段将提前一小时，即北京时间晚上22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855309609,"gmtCreate":1635331715323,"gmtModify":1635331715323,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/855309609","repostId":"1130740347","repostType":4,"isVote":1,"tweetType":1,"viewCount":3286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855309013,"gmtCreate":1635331632828,"gmtModify":1635331632939,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855309013","repostId":"2178282200","repostType":4,"isVote":1,"tweetType":1,"viewCount":3269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":830153071,"gmtCreate":1629034713393,"gmtModify":1631891569653,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830153071","repostId":"1127633167","repostType":4,"repost":{"id":"1127633167","kind":"news","pubTimestamp":1628997765,"share":"https://www.laohunote.com/m/news/1127633167?lang=zh_CN&edition=full","pubTime":"2021-08-15 11:22","market":"us","language":"en","title":"These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127633167","media":"Barrons","summary":"One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors loo","content":"<p>One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.</p><p><blockquote>当今投资中最流行的流行语之一是 “复利者 ”。寻找下一个亚马逊、Costco Wholesale、Nike 或 Visa 的成长型投资者寻求确定能够在未来几年实现收入和盈利两位数复合增长的公司（最好是两者兼而有之）。</blockquote></p><p> The idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock&nbsp;that returns 10 times what you paid for it.</p><p><blockquote>这个想法是，股票价格应该与收入和利润保持一致，使投资者能够在5到10年的持有期内产生高回报。最终目标是找到难以捉摸的 “10 bagger”--回报率是你购买价格 10 倍的股票。</blockquote></p><p> Wall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified&nbsp;in a&nbsp;<i>Barron’s</i>&nbsp;cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.</p><p><blockquote>华尔街分析师的笔记和投资专业人士的客户信中充满了复合器的参考资料。许多下一代价值经理，在<i>巴伦</i>五月份的封面故事，正在寻求此类股票，而不是廉价股票的传统价值。</blockquote></p><p> Their search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.</p><p><blockquote>他们的搜索变得更具挑战性，因为买家正在为高增长的故事支付高价。真正的大赢家很少。根据 Durable Capital Partners 的数据，在 10 年的漫长系列中，只有大约 35 家公司的股价每年复合上涨 20% 或更多，导致至少增长了六倍。</blockquote></p><p> Many investors are happy to stick with large, well-known compounders, such as&nbsp;Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and&nbsp;Eli Lilly(LLY).</p><p><blockquote>许多投资者很乐意坚持使用大型知名复合商，例如Alphabet（股票代码：GOOGL）、万事达卡（MA）、联合健康集团（UNH）和礼来公司（LLY）。</blockquote></p><p> <i>Barron’s</i>&nbsp;sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:</p><p><blockquote><i>巴伦</i>试图确定较小的候选人。我们与投资经理进行了交谈，列出了一份包含 10 只股票的兼收并蓄的名单，其中大多数市值低于 100 亿美元。以下是按字母顺序排列的选择：</blockquote></p><p> Strong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.</p><p><blockquote>强劲而稳定的胜利 以下是成长型投资者认为能够多年来持续实现收入或利润高增长的 10 只股票。</blockquote></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Recent Price</th>    <th>YTD Change</th>    <th>2021E P/E</th>    <th>2021E Price/Sales</th>    <th>2022E P/E</th>    <th>2022E Price/Sales</th>    <th>LT Growth Rate*</th>    <th>Market Value (bil)</th>    <th>Comment</th>   </tr>  </thead>  <tbody>   <tr>    <td>Amedysis / AMED</td>    <td>$185.15</td>    <td>-37%</td>    <td>30.2</td>    <td>2.7</td>    <td>27.7</td>    <td>2.4</td>    <td>10.5%</td>    <td>$6.3</td>    <td>Leader in home health care</td>   </tr>   <tr>    <td>Amyris / AMRS</td>    <td>13.64</td>    <td>121</td>    <td>NM</td>    <td>10.4</td>    <td>NM</td>    <td>9.7</td>    <td>NA</td>    <td>4.1</td>    <td>Leading company in synthetic biology</td>   </tr>   <tr>    <td>Booz Allen Hamilton Holding / BAH</td>    <td>81.73</td>    <td>-6</td>    <td>19.4</td>    <td>1.3</td>    <td>17.7</td>    <td>1.2</td>    <td>8.6</td>    <td>11.0</td>    <td>Defense-department consultant</td>   </tr>   <tr>    <td>J.B. Hunt Transport Services / JBHT</td>    <td>172.76</td>    <td>26</td>    <td>25.8</td>    <td>1.5</td>    <td>22.2</td>    <td>1.4</td>    <td>18.4</td>    <td>18.2</td>    <td>Strong in intermodal freight</td>   </tr>   <tr>    <td>Marriott Vacations Worldwide / VAC</td>    <td>147.15</td>    <td>7</td>    <td>40.9</td>    <td>1.6</td>    <td>15.7</td>    <td>1.4</td>    <td>NA</td>    <td>6.3</td>    <td>Top company in vacation timeshares</td>   </tr>   <tr>    <td>SiteOne Landscape Supply / SITE</td>    <td>197.10</td>    <td>24</td>    <td>45.7</td>    <td>2.6</td>    <td>43.5</td>    <td>2.5</td>    <td>19.3</td>    <td>8.8</td>    <td>Big supplier of landscaping supplies</td>   </tr>   <tr>    <td>Staar Surgical / STAA</td>    <td>138.19</td>    <td>74</td>    <td>192.3</td>    <td>28.6</td>    <td>140.8</td>    <td>22.5</td>    <td>30.0</td>    <td>6.6</td>    <td>Maker of implantable lens for myopia</td>   </tr>   <tr>    <td>Stitch Fix / SFIX</td>    <td>44.38</td>    <td>-24</td>    <td>NM</td>    <td>1.9</td>    <td>1890.3</td>    <td>1.7</td>    <td>30.0</td>    <td>4.8</td>    <td>Data-driven subscription clothing firm</td>   </tr>   <tr>    <td>Trex / TREX</td>    <td>105.94</td>    <td>27</td>    <td>51.9</td>    <td>10.5</td>    <td>43.6</td>    <td>9.3</td>    <td>18.8</td>    <td>12.2</td>    <td>Top maker of synthetic wood decking</td>   </tr>   <tr>    <td>Upwork / UPWK</td>    <td>44.31</td>    <td>28</td>    <td>NM</td>    <td>11.4</td>    <td>556.8</td>    <td>9.2</td>    <td>NA</td>    <td>5.7</td>    <td>Online clearinghouse for free-lancers</td>   </tr>  </tbody> </table> E=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>年初至今变化</th><th>2021年市盈率</th><th>2021年价格/销售额</th><th>2022年市盈率</th><th>2022年价格/销售额</th><th>LT增长率*</th><th>市值（bil）</th><th>评论</th></tr></thead><tbody><tr><td>阿梅迪西斯/阿梅德</td><td>$185.15</td><td>-37%</td><td>30.2</td><td>2.7</td><td>27.7</td><td>2.4</td><td>10.5%</td><td>$6.3</td><td>家庭医疗保健领域的领导者</td></tr><tr><td>阿米里斯/AMRS</td><td>13.64</td><td>121</td><td>纳米</td><td>10.4</td><td>纳米</td><td>9.7</td><td>纳</td><td>4.1</td><td>合成生物学领先公司</td></tr><tr><td>博思艾伦汉密尔顿控股 / BAH</td><td>81.73</td><td>-6</td><td>19.4</td><td>1.3</td><td>17.7</td><td>1.2</td><td>8.6</td><td>11.0</td><td>国防部顾问</td></tr><tr><td>J.B亨特运输服务 / JBHT</td><td>172.76</td><td>26</td><td>25.8</td><td>1.5</td><td>22.2</td><td>1.4</td><td>18.4</td><td>18.2</td><td>擅长多式联运</td></tr><tr><td>万豪度假全球/VAC</td><td>147.15</td><td>7</td><td>40.9</td><td>1.6</td><td>15.7</td><td>1.4</td><td>纳</td><td>6.3</td><td>度假分时度假领域的顶级公司</td></tr><tr><td>SiteOne景观供应/场地</td><td>197.10</td><td>24</td><td>45.7</td><td>2.6</td><td>43.5</td><td>2.5</td><td>19.3</td><td>8.8</td><td>大型园林绿化用品供应商</td></tr><tr><td>外科凝视/凝视</td><td>138.19</td><td>74</td><td>192.3</td><td>28.6</td><td>140.8</td><td>22.5</td><td>30.0</td><td>6.6</td><td>近视植入式镜片制造商</td></tr><tr><td>缝合固定/固定</td><td>44.38</td><td>-24</td><td>纳米</td><td>1.9</td><td>1890.3</td><td>1.7</td><td>30.0</td><td>4.8</td><td>数据驱动订阅服装公司</td></tr><tr><td>Trex / Trex</td><td>105.94</td><td>27</td><td>51.9</td><td>10.5</td><td>43.6</td><td>9.3</td><td>18.8</td><td>12.2</td><td>合成木地板的顶级制造商</td></tr><tr><td>Upwork / UPWK</td><td>44.31</td><td>28</td><td>纳米</td><td>11.4</td><td>556.8</td><td>9.2</td><td>纳</td><td>5.7</td><td>自由职业者在线信息交换所</td></tr></tbody></table>E=估计值。BAH的估计是针对截至2022年3月和3月23日的财年。SFIX 的估计适用于截至 2022 年 7 月和 2023 年 7 月的财年。NM=无意义。NA=不可用。*公司未来3-5年可维持的每年每股收益增长。</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Amedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.</p><p><blockquote>Amedisys (AMED) 是一家家庭医疗保健和临终关怀服务提供商，业务仍然分散，业务遍及全国。</blockquote></p><p></p><p> “There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”</p><p><blockquote>“哥伦比亚小盘股成长基金经理丹-科尔预测说：”该行业将进行大规模整合。“医疗保健正在向家庭转移”。</blockquote></p><p> Amedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.</p><p><blockquote>Amedisys 股价在过去十年中上涨了十倍以上。但该公司最近以与新冠疫情相关的人员配备和成本问题（主要是收购的临终关怀业务）为由，削减了 2021 年财务指引，股价约为 185 美元，下跌了近 30%。2021 年盈利预期目前为每股 6.13 美元，低于近 7 美元。该股的交易价格是2021年预计利润的30倍。科尔表示，该公司仍然有能力每年实现 10% 的每股收益增长。</blockquote></p><p> Amyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.</p><p><blockquote>Amyris（AMRS）是合成生物学领域的领导者。It 粉丝表示，它的机会是以环保的方式取代目前由石化产品、动物和植物制成的一系列产品。</blockquote></p><p> Using genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.</p><p><blockquote>使用基因改造的酵母和甘蔗，Amyris生产角鲨烷等物质，角鲨烷是一种以前由鲨鱼肝制成的高端保湿剂；香草醛，香草的调味料；以及通常来源于植物的无热量甜味剂。该股交易价格约为 13 美元。</blockquote></p><p> <i>Barron’s</i>&nbsp;wrote&nbsp;favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.</p><p><blockquote><i>巴伦</i>七月份对该公司的评价很高。在消费品牌的推动下，Amyris 预计到 2025 年销售额将达到 20 亿美元，高于今年的 4 亿美元。</blockquote></p><p> “The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.</p><p><blockquote>“拥有 Amyris 股票的 Pinnacle Associates 公司的投资组合经理兰迪-巴伦（Randy Baron）说：”世界需要清洁化学，而 Amyris 正是创造清洁化学的关键。他认为到 2022 年底，它们的价格可能会达到 75 美元。</blockquote></p><p> Booz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.</p><p><blockquote>博思艾伦汉密尔顿控股公司（BAH）是国防部和其他机构的重要顾问。美国政府在最近一个财政年度占其收入的97%。多年来，博思艾伦通过提供网络安全等一系列服务，与政府建立了牢固的联系。其股票交易价格约为 81 美元，收益率为 1.8%。</blockquote></p><p> “It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.</p><p><blockquote>“T. Rowe Price New Horizons 基金经理乔希-斯宾塞（Josh Spencer）说：”它已经建立了一种强大的、类似合作伙伴关系的文化，并有着长期的稳定增长记录。他认为博思艾伦有能力实现 9% 至 10% 的年收入增长，每年盈利增长 15% 至 16%，与其历史表现一致。由于担心军费开支受到更多限制，该股较 100 美元的峰值下跌了 20%。斯宾塞将此次回调视为买入机会，该股估值不到市盈率的 20 倍。</blockquote></p><p> J.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the&nbsp;Barron’s Roundtable.</p><p><blockquote>J.B亨特运输服务公司（JBHT）是多式联运货运领域的领导者，多式联运货运涉及卡车在铁路线上的节能运输。它是最成功的卡车运输公司之一。过去 20 年里，其股价上涨了 30 倍，最近达到 173 美元。“Durable Capital Partners 首席投资官、《巴伦周刊》圆桌会议成员亨利-埃伦博根（Henry Ellenbogen）说：”它拥有令人难以置信的特许经营权。</blockquote></p><p> J.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.</p><p><blockquote>J.B他指出，亨特与伯灵顿北圣达菲铁路公司（Burlington Northern Santa Fe railroad）的合作关系使其在多式联运货运领域占据了强大的地位。J.B亨特的业务也在不断增长，接管了小公司的卡车运输业务。它还涉足数字货运经纪业务——将卡车司机与航运客户进行匹配。</blockquote></p><p> Ellenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.</p><p><blockquote>Ellenbogen 表示，考虑到 2022 年盈利增长前景，该股 2022 年盈利预期的 22 倍是合理的。</blockquote></p><p> Marriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.</p><p><blockquote>万豪度假全球（VAC）是分时度假行业的顶级公司之一。它拥有 70 万业主，是一种有弹性的商业模式，拥有可观的费用收入，并且比同行更容易接触到夏威夷和佛罗里达州奥兰多等地的豪华房产。</blockquote></p><p> “It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.</p><p><blockquote>“Baron Focused Growth fund 的经理大卫-巴伦（David Baron）说：”它拥有最好的客户群、最高的支出和无可挑剔的资产负债表。他补充说，万豪度假公司的股价最近约为 145 美元，该公司应该会在今年晚些时候恢复股息。</blockquote></p><p> The shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.</p><p><blockquote>巴伦认为，根据 2022 年的预测，这些股票的自由现金流收益率为 11%，价格便宜。他表示，该股自 2018 年以来几乎没有变化，未来几年可能会为股东带来 20% 的年回报。</blockquote></p><p> SiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.</p><p><blockquote>SiteOne Landscape Supply（SITE）是美国最大的园林绿化产品供应商，鉴于该公司在高度分散的行业中仅占 13% 的市场份额，因此具有充足的扩张机会。</blockquote></p><p> “It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.</p><p><blockquote>“哥伦比亚大学的科尔说：”它正在有机增长，并有很多收购机会。</blockquote></p><p> The stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.</p><p><blockquote>该股估值约为 197 美元，估值丰富，是 2022 年预计每股收益 4.54 美元的 43 倍。</blockquote></p><p> Staar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.</p><p><blockquote>Staar Surgical（STAA）开发了一种可植入晶状体来矫正近视（近视）。鉴于视力问题在全球范围内的发病率不断上升，这解决了一个潜在的巨大市场。该公司预计，该镜头已在欧洲和亚洲上市至少五年，将于第四季度进入美国市场，等待美国食品和药物管理局的批准。</blockquote></p><p></p><p> “It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”</p><p><blockquote>“Baillie Gifford 全球经理道格-布罗迪（Doug Brodie）说：”它可以创造大量的销量。“它还处于起步阶段，基本上没有竞争。</blockquote></p><p> Lenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.</p><p><blockquote>双眼晶状体可在不到一小时的时间内植入，而且不需要摘除天然晶状体。在美国，每个镜片的批发成本可能在1000美元左右。</blockquote></p><p> At a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.</p><p><blockquote>Staar 股价最近为 138 美元，估值很高，是 2022 年预计销售额的 20 多倍，是 2022 年预计收益的 140 倍。但市场机会是巨大的：到2050年，全球约有50亿人可能患有近视。</blockquote></p><p> Stitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.</p><p><blockquote>Stitch Fix（SFIX）开发了服装、鞋子和其他配饰的订阅服务，拥有超过400万客户。</blockquote></p><p> “This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.</p><p><blockquote>“Stitch Fix 持有者 Marathon Partners Equity Management 的首席投资官 Mario Cibelli 说：”这可能是未来的 Nordstrom。“这是一个潜在的巨大市场，没有人以同样的方式解决这个问题”。Stitch Fix利用6,000名私人造型师和大量数据，试图识别订户的口味，以产生高满意度，并限制定期发送并由订户决定的包裹的回报。</blockquote></p><p> Its shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.</p><p><blockquote>由于投资者担心潜在的流失和公司的最终盈利能力，该公司的股价约为 44 美元，比年初的水平下跌了 60%。</blockquote></p><p> Yet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.</p><p><blockquote>然而，Cibelli 预计收入每年将增长 20% 以上，在当前美国和英国市场之外还有机会，并且在两到三年内将成为一项潜在的非常有利可图的业务。</blockquote></p><p> Trex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.</p><p><blockquote>Trex（TREX）是高端木质甲板替代品的顶级生产商，该甲板由95%的回收材料制成，是一种环保的住宅。该股股价为 105 美元，是 2022 年预期市盈率的 43 倍。</blockquote></p><p> T. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.</p><p><blockquote>T. Rowe Price 的 Spencer 认为 Trex 物有所值，因为他认为 Trex 可以实现 15% 至 20% 的可持续年收入增长。预计 2022 年盈利将增长约 20%，并在随后几年以类似的速度增长。“他说：”如果把时钟拨快三年，看起来就不会那么贵了。</blockquote></p><p> Upwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.</p><p><blockquote>Upwork（UPWK）是一个面向自由职业者的在线市场，受到了 Baillie Gifford 的 Brodie 的青睐，他说它能提高企业对自由职业者的接受度。</blockquote></p><p> The shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.</p><p><blockquote>最近股价在 44 美元左右，并不便宜。Upwork 的估值为 57 亿美元，是今年近 5 亿美元预计销售额的 10 倍多。它的运营略有亏损。</blockquote></p><p> The investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.</p><p><blockquote>投资案例是关于销售快速增长带来丰厚收益。预计今年销售额将增长 30% 以上，2022 年将增长 25%。</blockquote></p><p> “Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.</p><p><blockquote>“布罗迪说：”中小型企业更容易接受自由职业者，但大型企业的人力资源部门却对自由职业者嗤之以鼻。Upwork旨在通过审查其自由职业者和提供数千套技能来改变这种看法。“他说：”Upwork 可以成为越来越多企业级合作伙伴值得信赖的合作伙伴。</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>These 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</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\">\nThese 10 Standout Stocks Could Be the Next Amazon<blockquote>这 10 只杰出股票可能成为下一个亚马逊</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-15 11:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.</p><p><blockquote>当今投资中最流行的流行语之一是 “复利者 ”。寻找下一个亚马逊、Costco Wholesale、Nike 或 Visa 的成长型投资者寻求确定能够在未来几年实现收入和盈利两位数复合增长的公司（最好是两者兼而有之）。</blockquote></p><p> The idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock&nbsp;that returns 10 times what you paid for it.</p><p><blockquote>这个想法是，股票价格应该与收入和利润保持一致，使投资者能够在5到10年的持有期内产生高回报。最终目标是找到难以捉摸的 “10 bagger”--回报率是你购买价格 10 倍的股票。</blockquote></p><p> Wall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified&nbsp;in a&nbsp;<i>Barron’s</i>&nbsp;cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.</p><p><blockquote>华尔街分析师的笔记和投资专业人士的客户信中充满了复合器的参考资料。许多下一代价值经理，在<i>巴伦</i>五月份的封面故事，正在寻求此类股票，而不是廉价股票的传统价值。</blockquote></p><p> Their search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.</p><p><blockquote>他们的搜索变得更具挑战性，因为买家正在为高增长的故事支付高价。真正的大赢家很少。根据 Durable Capital Partners 的数据，在 10 年的漫长系列中，只有大约 35 家公司的股价每年复合上涨 20% 或更多，导致至少增长了六倍。</blockquote></p><p> Many investors are happy to stick with large, well-known compounders, such as&nbsp;Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and&nbsp;Eli Lilly(LLY).</p><p><blockquote>许多投资者很乐意坚持使用大型知名复合商，例如Alphabet（股票代码：GOOGL）、万事达卡（MA）、联合健康集团（UNH）和礼来公司（LLY）。</blockquote></p><p> <i>Barron’s</i>&nbsp;sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:</p><p><blockquote><i>巴伦</i>试图确定较小的候选人。我们与投资经理进行了交谈，列出了一份包含 10 只股票的兼收并蓄的名单，其中大多数市值低于 100 亿美元。以下是按字母顺序排列的选择：</blockquote></p><p> Strong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.</p><p><blockquote>强劲而稳定的胜利 以下是成长型投资者认为能够多年来持续实现收入或利润高增长的 10 只股票。</blockquote></p><p> <table>  <thead>   <tr>    <th>Company / Ticker</th>    <th>Recent Price</th>    <th>YTD Change</th>    <th>2021E P/E</th>    <th>2021E Price/Sales</th>    <th>2022E P/E</th>    <th>2022E Price/Sales</th>    <th>LT Growth Rate*</th>    <th>Market Value (bil)</th>    <th>Comment</th>   </tr>  </thead>  <tbody>   <tr>    <td>Amedysis / AMED</td>    <td>$185.15</td>    <td>-37%</td>    <td>30.2</td>    <td>2.7</td>    <td>27.7</td>    <td>2.4</td>    <td>10.5%</td>    <td>$6.3</td>    <td>Leader in home health care</td>   </tr>   <tr>    <td>Amyris / AMRS</td>    <td>13.64</td>    <td>121</td>    <td>NM</td>    <td>10.4</td>    <td>NM</td>    <td>9.7</td>    <td>NA</td>    <td>4.1</td>    <td>Leading company in synthetic biology</td>   </tr>   <tr>    <td>Booz Allen Hamilton Holding / BAH</td>    <td>81.73</td>    <td>-6</td>    <td>19.4</td>    <td>1.3</td>    <td>17.7</td>    <td>1.2</td>    <td>8.6</td>    <td>11.0</td>    <td>Defense-department consultant</td>   </tr>   <tr>    <td>J.B. Hunt Transport Services / JBHT</td>    <td>172.76</td>    <td>26</td>    <td>25.8</td>    <td>1.5</td>    <td>22.2</td>    <td>1.4</td>    <td>18.4</td>    <td>18.2</td>    <td>Strong in intermodal freight</td>   </tr>   <tr>    <td>Marriott Vacations Worldwide / VAC</td>    <td>147.15</td>    <td>7</td>    <td>40.9</td>    <td>1.6</td>    <td>15.7</td>    <td>1.4</td>    <td>NA</td>    <td>6.3</td>    <td>Top company in vacation timeshares</td>   </tr>   <tr>    <td>SiteOne Landscape Supply / SITE</td>    <td>197.10</td>    <td>24</td>    <td>45.7</td>    <td>2.6</td>    <td>43.5</td>    <td>2.5</td>    <td>19.3</td>    <td>8.8</td>    <td>Big supplier of landscaping supplies</td>   </tr>   <tr>    <td>Staar Surgical / STAA</td>    <td>138.19</td>    <td>74</td>    <td>192.3</td>    <td>28.6</td>    <td>140.8</td>    <td>22.5</td>    <td>30.0</td>    <td>6.6</td>    <td>Maker of implantable lens for myopia</td>   </tr>   <tr>    <td>Stitch Fix / SFIX</td>    <td>44.38</td>    <td>-24</td>    <td>NM</td>    <td>1.9</td>    <td>1890.3</td>    <td>1.7</td>    <td>30.0</td>    <td>4.8</td>    <td>Data-driven subscription clothing firm</td>   </tr>   <tr>    <td>Trex / TREX</td>    <td>105.94</td>    <td>27</td>    <td>51.9</td>    <td>10.5</td>    <td>43.6</td>    <td>9.3</td>    <td>18.8</td>    <td>12.2</td>    <td>Top maker of synthetic wood decking</td>   </tr>   <tr>    <td>Upwork / UPWK</td>    <td>44.31</td>    <td>28</td>    <td>NM</td>    <td>11.4</td>    <td>556.8</td>    <td>9.2</td>    <td>NA</td>    <td>5.7</td>    <td>Online clearinghouse for free-lancers</td>   </tr>  </tbody> </table> E=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.</p><p><blockquote><table><thead><tr><th>公司/股票代码</th><th>近期价格</th><th>年初至今变化</th><th>2021年市盈率</th><th>2021年价格/销售额</th><th>2022年市盈率</th><th>2022年价格/销售额</th><th>LT增长率*</th><th>市值（bil）</th><th>评论</th></tr></thead><tbody><tr><td>阿梅迪西斯/阿梅德</td><td>$185.15</td><td>-37%</td><td>30.2</td><td>2.7</td><td>27.7</td><td>2.4</td><td>10.5%</td><td>$6.3</td><td>家庭医疗保健领域的领导者</td></tr><tr><td>阿米里斯/AMRS</td><td>13.64</td><td>121</td><td>纳米</td><td>10.4</td><td>纳米</td><td>9.7</td><td>纳</td><td>4.1</td><td>合成生物学领先公司</td></tr><tr><td>博思艾伦汉密尔顿控股 / BAH</td><td>81.73</td><td>-6</td><td>19.4</td><td>1.3</td><td>17.7</td><td>1.2</td><td>8.6</td><td>11.0</td><td>国防部顾问</td></tr><tr><td>J.B亨特运输服务 / JBHT</td><td>172.76</td><td>26</td><td>25.8</td><td>1.5</td><td>22.2</td><td>1.4</td><td>18.4</td><td>18.2</td><td>擅长多式联运</td></tr><tr><td>万豪度假全球/VAC</td><td>147.15</td><td>7</td><td>40.9</td><td>1.6</td><td>15.7</td><td>1.4</td><td>纳</td><td>6.3</td><td>度假分时度假领域的顶级公司</td></tr><tr><td>SiteOne景观供应/场地</td><td>197.10</td><td>24</td><td>45.7</td><td>2.6</td><td>43.5</td><td>2.5</td><td>19.3</td><td>8.8</td><td>大型园林绿化用品供应商</td></tr><tr><td>外科凝视/凝视</td><td>138.19</td><td>74</td><td>192.3</td><td>28.6</td><td>140.8</td><td>22.5</td><td>30.0</td><td>6.6</td><td>近视植入式镜片制造商</td></tr><tr><td>缝合固定/固定</td><td>44.38</td><td>-24</td><td>纳米</td><td>1.9</td><td>1890.3</td><td>1.7</td><td>30.0</td><td>4.8</td><td>数据驱动订阅服装公司</td></tr><tr><td>Trex / Trex</td><td>105.94</td><td>27</td><td>51.9</td><td>10.5</td><td>43.6</td><td>9.3</td><td>18.8</td><td>12.2</td><td>合成木地板的顶级制造商</td></tr><tr><td>Upwork / UPWK</td><td>44.31</td><td>28</td><td>纳米</td><td>11.4</td><td>556.8</td><td>9.2</td><td>纳</td><td>5.7</td><td>自由职业者在线信息交换所</td></tr></tbody></table>E=估计值。BAH的估计是针对截至2022年3月和3月23日的财年。SFIX 的估计适用于截至 2022 年 7 月和 2023 年 7 月的财年。NM=无意义。NA=不可用。*公司未来3-5年可维持的每年每股收益增长。</blockquote></p><p> Source: FactSet</p><p><blockquote>来源：FactSet</blockquote></p><p> Amedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.</p><p><blockquote>Amedisys (AMED) 是一家家庭医疗保健和临终关怀服务提供商，业务仍然分散，业务遍及全国。</blockquote></p><p></p><p> “There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”</p><p><blockquote>“哥伦比亚小盘股成长基金经理丹-科尔预测说：”该行业将进行大规模整合。“医疗保健正在向家庭转移”。</blockquote></p><p> Amedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.</p><p><blockquote>Amedisys 股价在过去十年中上涨了十倍以上。但该公司最近以与新冠疫情相关的人员配备和成本问题（主要是收购的临终关怀业务）为由，削减了 2021 年财务指引，股价约为 185 美元，下跌了近 30%。2021 年盈利预期目前为每股 6.13 美元，低于近 7 美元。该股的交易价格是2021年预计利润的30倍。科尔表示，该公司仍然有能力每年实现 10% 的每股收益增长。</blockquote></p><p> Amyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.</p><p><blockquote>Amyris（AMRS）是合成生物学领域的领导者。It 粉丝表示，它的机会是以环保的方式取代目前由石化产品、动物和植物制成的一系列产品。</blockquote></p><p> Using genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.</p><p><blockquote>使用基因改造的酵母和甘蔗，Amyris生产角鲨烷等物质，角鲨烷是一种以前由鲨鱼肝制成的高端保湿剂；香草醛，香草的调味料；以及通常来源于植物的无热量甜味剂。该股交易价格约为 13 美元。</blockquote></p><p> <i>Barron’s</i>&nbsp;wrote&nbsp;favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.</p><p><blockquote><i>巴伦</i>七月份对该公司的评价很高。在消费品牌的推动下，Amyris 预计到 2025 年销售额将达到 20 亿美元，高于今年的 4 亿美元。</blockquote></p><p> “The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.</p><p><blockquote>“拥有 Amyris 股票的 Pinnacle Associates 公司的投资组合经理兰迪-巴伦（Randy Baron）说：”世界需要清洁化学，而 Amyris 正是创造清洁化学的关键。他认为到 2022 年底，它们的价格可能会达到 75 美元。</blockquote></p><p> Booz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.</p><p><blockquote>博思艾伦汉密尔顿控股公司（BAH）是国防部和其他机构的重要顾问。美国政府在最近一个财政年度占其收入的97%。多年来，博思艾伦通过提供网络安全等一系列服务，与政府建立了牢固的联系。其股票交易价格约为 81 美元，收益率为 1.8%。</blockquote></p><p> “It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.</p><p><blockquote>“T. Rowe Price New Horizons 基金经理乔希-斯宾塞（Josh Spencer）说：”它已经建立了一种强大的、类似合作伙伴关系的文化，并有着长期的稳定增长记录。他认为博思艾伦有能力实现 9% 至 10% 的年收入增长，每年盈利增长 15% 至 16%，与其历史表现一致。由于担心军费开支受到更多限制，该股较 100 美元的峰值下跌了 20%。斯宾塞将此次回调视为买入机会，该股估值不到市盈率的 20 倍。</blockquote></p><p> J.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the&nbsp;Barron’s Roundtable.</p><p><blockquote>J.B亨特运输服务公司（JBHT）是多式联运货运领域的领导者，多式联运货运涉及卡车在铁路线上的节能运输。它是最成功的卡车运输公司之一。过去 20 年里，其股价上涨了 30 倍，最近达到 173 美元。“Durable Capital Partners 首席投资官、《巴伦周刊》圆桌会议成员亨利-埃伦博根（Henry Ellenbogen）说：”它拥有令人难以置信的特许经营权。</blockquote></p><p> J.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.</p><p><blockquote>J.B他指出，亨特与伯灵顿北圣达菲铁路公司（Burlington Northern Santa Fe railroad）的合作关系使其在多式联运货运领域占据了强大的地位。J.B亨特的业务也在不断增长，接管了小公司的卡车运输业务。它还涉足数字货运经纪业务——将卡车司机与航运客户进行匹配。</blockquote></p><p> Ellenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.</p><p><blockquote>Ellenbogen 表示，考虑到 2022 年盈利增长前景，该股 2022 年盈利预期的 22 倍是合理的。</blockquote></p><p> Marriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.</p><p><blockquote>万豪度假全球（VAC）是分时度假行业的顶级公司之一。它拥有 70 万业主，是一种有弹性的商业模式，拥有可观的费用收入，并且比同行更容易接触到夏威夷和佛罗里达州奥兰多等地的豪华房产。</blockquote></p><p> “It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.</p><p><blockquote>“Baron Focused Growth fund 的经理大卫-巴伦（David Baron）说：”它拥有最好的客户群、最高的支出和无可挑剔的资产负债表。他补充说，万豪度假公司的股价最近约为 145 美元，该公司应该会在今年晚些时候恢复股息。</blockquote></p><p> The shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.</p><p><blockquote>巴伦认为，根据 2022 年的预测，这些股票的自由现金流收益率为 11%，价格便宜。他表示，该股自 2018 年以来几乎没有变化，未来几年可能会为股东带来 20% 的年回报。</blockquote></p><p> SiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.</p><p><blockquote>SiteOne Landscape Supply（SITE）是美国最大的园林绿化产品供应商，鉴于该公司在高度分散的行业中仅占 13% 的市场份额，因此具有充足的扩张机会。</blockquote></p><p> “It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.</p><p><blockquote>“哥伦比亚大学的科尔说：”它正在有机增长，并有很多收购机会。</blockquote></p><p> The stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.</p><p><blockquote>该股估值约为 197 美元，估值丰富，是 2022 年预计每股收益 4.54 美元的 43 倍。</blockquote></p><p> Staar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.</p><p><blockquote>Staar Surgical（STAA）开发了一种可植入晶状体来矫正近视（近视）。鉴于视力问题在全球范围内的发病率不断上升，这解决了一个潜在的巨大市场。该公司预计，该镜头已在欧洲和亚洲上市至少五年，将于第四季度进入美国市场，等待美国食品和药物管理局的批准。</blockquote></p><p></p><p> “It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”</p><p><blockquote>“Baillie Gifford 全球经理道格-布罗迪（Doug Brodie）说：”它可以创造大量的销量。“它还处于起步阶段，基本上没有竞争。</blockquote></p><p> Lenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.</p><p><blockquote>双眼晶状体可在不到一小时的时间内植入，而且不需要摘除天然晶状体。在美国，每个镜片的批发成本可能在1000美元左右。</blockquote></p><p> At a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.</p><p><blockquote>Staar 股价最近为 138 美元，估值很高，是 2022 年预计销售额的 20 多倍，是 2022 年预计收益的 140 倍。但市场机会是巨大的：到2050年，全球约有50亿人可能患有近视。</blockquote></p><p> Stitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.</p><p><blockquote>Stitch Fix（SFIX）开发了服装、鞋子和其他配饰的订阅服务，拥有超过400万客户。</blockquote></p><p> “This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.</p><p><blockquote>“Stitch Fix 持有者 Marathon Partners Equity Management 的首席投资官 Mario Cibelli 说：”这可能是未来的 Nordstrom。“这是一个潜在的巨大市场，没有人以同样的方式解决这个问题”。Stitch Fix利用6,000名私人造型师和大量数据，试图识别订户的口味，以产生高满意度，并限制定期发送并由订户决定的包裹的回报。</blockquote></p><p> Its shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.</p><p><blockquote>由于投资者担心潜在的流失和公司的最终盈利能力，该公司的股价约为 44 美元，比年初的水平下跌了 60%。</blockquote></p><p> Yet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.</p><p><blockquote>然而，Cibelli 预计收入每年将增长 20% 以上，在当前美国和英国市场之外还有机会，并且在两到三年内将成为一项潜在的非常有利可图的业务。</blockquote></p><p> Trex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.</p><p><blockquote>Trex（TREX）是高端木质甲板替代品的顶级生产商，该甲板由95%的回收材料制成，是一种环保的住宅。该股股价为 105 美元，是 2022 年预期市盈率的 43 倍。</blockquote></p><p> T. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.</p><p><blockquote>T. Rowe Price 的 Spencer 认为 Trex 物有所值，因为他认为 Trex 可以实现 15% 至 20% 的可持续年收入增长。预计 2022 年盈利将增长约 20%，并在随后几年以类似的速度增长。“他说：”如果把时钟拨快三年，看起来就不会那么贵了。</blockquote></p><p> Upwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.</p><p><blockquote>Upwork（UPWK）是一个面向自由职业者的在线市场，受到了 Baillie Gifford 的 Brodie 的青睐，他说它能提高企业对自由职业者的接受度。</blockquote></p><p> The shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.</p><p><blockquote>最近股价在 44 美元左右，并不便宜。Upwork 的估值为 57 亿美元，是今年近 5 亿美元预计销售额的 10 倍多。它的运营略有亏损。</blockquote></p><p> The investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.</p><p><blockquote>投资案例是关于销售快速增长带来丰厚收益。预计今年销售额将增长 30% 以上，2022 年将增长 25%。</blockquote></p><p> “Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.</p><p><blockquote>“布罗迪说：”中小型企业更容易接受自由职业者，但大型企业的人力资源部门却对自由职业者嗤之以鼻。Upwork旨在通过审查其自由职业者和提供数千套技能来改变这种看法。“他说：”Upwork 可以成为越来越多企业级合作伙伴值得信赖的合作伙伴。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stocks-potential-compounder-growth-51628888840?mod=hp_LEADSUPP_2\">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":{"AMRS":"阿米瑞斯","SITE":"SiteOne Landscape Supply, Inc.","BAH":"博思艾伦咨询公司","AMED":"阿米斯医疗","STAA":"STAAR Surgical Company","SFIX":"Stitch Fix Inc.","VAC":"万豪度假环球","JBHT":"JB Hunt运输服务","TREX":"Trex Co Inc","UPWK":"Upwork Inc."},"source_url":"https://www.barrons.com/articles/stocks-potential-compounder-growth-51628888840?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127633167","content_text":"One of the most popular buzzwords in investing today is “compounders.” Growth-oriented investors looking for the next Amazon.com, Costco Wholesale, Nike, or Visa seek to identify companies capable of generating double-digit compound growth in revenue and earnings—preferably both—for years to come.\nThe idea is that stock prices should compound in line with revenue and profits, enabling investors to generate high returns over a holding period of five to 10 years. The ultimate goal is to find the elusive “10 bagger”—a stock that returns 10 times what you paid for it.\nWall Street analyst notes and client letters from investment pros are replete with compounder references. Many of the next generation of value managers, identified in a Barron’s cover story in May, are seeking such shares, rather than the traditional value fare of cheap stocks.\nTheir search has become more challenging, because buyers are paying lofty prices for high-growth stories. Really big winners are scarce. Only about 35 companies in each of a long series of 10-year periods have compounded their stock prices at 20% or more annually, resulting in at least a sixfold increase, according to Durable Capital Partners.\nMany investors are happy to stick with large, well-known compounders, such as Alphabet(ticker: GOOGL),Mastercard(MA),UnitedHealth Group(UNH), and Eli Lilly(LLY).\nBarron’s sought to identify smaller candidates. We talked to investment managers and came up with an eclectic list of 10 stocks, most with market values under $10 billion. Here are the selections, in alphabetical order:\nStrong and Steady Wins the RaceHere are 10 stocks that growth investors have identified as being able to generate consistently high growth in revenues or profits for many years.\n\n\n\nCompany / Ticker\nRecent Price\nYTD Change\n2021E P/E\n2021E Price/Sales\n2022E P/E\n2022E Price/Sales\nLT Growth Rate*\nMarket Value (bil)\nComment\n\n\n\n\nAmedysis / AMED\n$185.15\n-37%\n30.2\n2.7\n27.7\n2.4\n10.5%\n$6.3\nLeader in home health care\n\n\nAmyris / AMRS\n13.64\n121\nNM\n10.4\nNM\n9.7\nNA\n4.1\nLeading company in synthetic biology\n\n\nBooz Allen Hamilton Holding / BAH\n81.73\n-6\n19.4\n1.3\n17.7\n1.2\n8.6\n11.0\nDefense-department consultant\n\n\nJ.B. Hunt Transport Services / JBHT\n172.76\n26\n25.8\n1.5\n22.2\n1.4\n18.4\n18.2\nStrong in intermodal freight\n\n\nMarriott Vacations Worldwide / VAC\n147.15\n7\n40.9\n1.6\n15.7\n1.4\nNA\n6.3\nTop company in vacation timeshares\n\n\nSiteOne Landscape Supply / SITE\n197.10\n24\n45.7\n2.6\n43.5\n2.5\n19.3\n8.8\nBig supplier of landscaping supplies\n\n\nStaar Surgical / STAA\n138.19\n74\n192.3\n28.6\n140.8\n22.5\n30.0\n6.6\nMaker of implantable lens for myopia\n\n\nStitch Fix / SFIX\n44.38\n-24\nNM\n1.9\n1890.3\n1.7\n30.0\n4.8\nData-driven subscription clothing firm\n\n\nTrex / TREX\n105.94\n27\n51.9\n10.5\n43.6\n9.3\n18.8\n12.2\nTop maker of synthetic wood decking\n\n\nUpwork / UPWK\n44.31\n28\nNM\n11.4\n556.8\n9.2\nNA\n5.7\nOnline clearinghouse for free-lancers\n\n\n\nE=Estimate. BAH estimates are for fiscal years ending March 2022 and March 23. SFIX estimates are for fiscal years ending July 2022 and July 2023. NM=Not Meaningful. NA=Not Available. *The annual EPS growth the company can sustain over the next 3-5 years.\nSource: FactSet\nAmedisys(AMED), a provider of home healthcare and hospice services, has a national footprint in a still-fragmented business.\n“There is going to be massive consolidation of the industry” predicts Dan Cole, a manager of the Columbia Small-Cap Growth fund. “Healthcare is moving to the home.”\nAmedisys stock is up more than tenfold in the past decade. But the shares, around $185, are off nearly 30% after the company recently cut 2021 financial guidance, citing Covid-related staffing and cost issues, mostly in acquired hospice operations. The 2021 earnings estimate is now $6.13 a share, down from nearly $7. The stock trades for 30 times projected 2021 profits. Cole says that the company remains capable of generating 10% annual gains in earnings per share.\nAmyris(AMRS) is a leader in synthetic biology. It fans say its opportunity is to supplant, in an eco-friendly way, a range of products now made from petrochemicals, animals, and plants.\nUsing genetically re-engineered yeast and sugar cane, Amyris produces such things as squalane, a high-end moisturizer formerly made from shark livers; vanillin, the flavoring for vanilla; and a no-calorie sweetener normally derived from plants. The stock trades around $13.\nBarron’s wrote favorably on the company in July. Amyris sees sales reaching $2 billion by 2025, up from an estimated $400 million this year, driven by its consumer brands.\n“The world needs clean chemistry, and Amyris is the point on the spear to create it,” says Randy Baron, a portfolio manager at Pinnacle Associates, which owns Amyris shares. He thinks they could hit $75 by the end of 2022.\nBooz Allen Hamilton Holding(BAH) is an important consultant to the Defense Department and other agencies. The U.S. government accounted for 97% of its revenue in its latest fiscal year. Booz Allen has built robust ties to the government over the years by providing an array of services, like cybersecurity. Its stock trades around $81, for a 1.8% yield.\n“It has built a strong, partnership-like culture and has a long record of steady growth,” says Josh Spencer, manager of the T. Rowe Price New Horizons fund. He sees Booz Allen as capable of generating 9% to 10% annual growth in revenue and yearly gains of 15% to 16% in earnings, in line with its historical performance. The stock is off 20% from its peak of $100, amid concerns about more restrained military spending. Spencer sees the pullback as a buying opportunity, with the stock valued at less than 20 times earnings.\nJ.B. Hunt Transport Services(JBHT) is a leader in intermodal freight, which involves the fuel-efficient movement of trucks over rail lines. It has been one of the most successful trucking companies. Its stock has risen 30-fold over the past 20 years, to a recent $173. “It has an incredible franchise,” says Henry Ellenbogen, chief investment officer at Durable Capital Partners and a member of the Barron’s Roundtable.\nJ.B. Hunt’s relationship with the Burlington Northern Santa Fe railroad gives it a strong position in intermodal freight, he notes. J.B. Hunt also has a growing business taking over the trucking operations of smaller companies. And it is involved in digital freight brokerage—matching truckers with shipping customers.\nEllenbogen says the stock is reasonable at 22 times estimated 2022 profits, given a mid-teens annual growth outlook for earnings.\nMarriott Vacations Worldwide(VAC) is one of the top companies in the timeshare industry. It has 700,000 owners, a resilient business model with significant revenue from fees, and more exposure than its peers to luxury properties in places including Hawaii and Orlando, Fla.\n“It has the best customer base, with the highest spending and an impeccable balance sheet,” says David Baron, a manager of the Baron Focused Growth fund. Marriott Vacations, whose shares recently were trading around $145, should reinstate its dividend later this year, he adds.\nThe shares, Baron argues, are cheap at a 11% free-cash-flow yield, based on 2022 estimates. He says that the stock, little changed since 2018, could produce 20% annual returns for shareholders in the coming years.\nSiteOne Landscape Supply(SITE) is the country’s top supplier of landscaping products, with ample opportunity to expand, given that it has just a 13% market share in a highly fragmented industry.\n\n“It’s growing organically and has lots of acquisition opportunities,” says Columbia’s Cole, who considers the company to be capable of 10% to 15% annual revenue growth.\nThe stock, around $197, has a rich valuation, trading for 43 times projected 2022 earnings of $4.54 a share.\nStaar Surgical(STAA) has developed an implantable lens to correct myopia (nearsightedness). That addresses a potentially huge market, given the rising global incidence of that vision problem. The company expects the lens, which has been available in Europe and Asia for at least five years, to be on the U.S. market in the fourth quarter, pending Food and Drug Administration approval.\n“It could do substantial volumes,’’ says Doug Brodie, a global manager at Baillie Gifford. “It’s early in a journey and is largely devoid of competition.”\nLenses for both eyes can be implanted in less than an hour, and they don’t involve the removal of the natural lenses. The wholesale cost in the U.S. could be around $1,000 per lens.\nAt a recent $138, Staar shares are richly valued at more than 20 times projected 2022 sales and 140 times estimated 2022 earnings. But the market opportunity is enormous: Some five billion people worldwide could have myopia by 2050.\nStitch Fix(SFIX) has developed a subscription service for clothing, shoes, and other accessories and boasts over four million customers.\n“This could be the Nordstrom of the future,” says Mario Cibelli, chief investment officer at Marathon Partners Equity Management, a Stitch Fix holder. “This a potentially huge market and nobody is addressing it in the same way.” Using a staff of 6,000 personal stylists and lots of data, Stitch Fix seeks to identify subscriber tastes to generate high satisfaction and limit returns on packages sent at intervals and determined by subscribers.\nIts shares, around $44, are down 60% from their level earlier in the year, on investors’ worries about potential churn and the business’s ultimate profitability.\nYet Cibelli sees revenue growth of 20%-plus annually, opportunities outside its current U.S. and U.K. markets, and a potentially very profitable business in two to three years.\nTrex(TREX) is the top producer of a high-end wood alternative for decks that comes from 95% recycled material, making it an eco-friendly housing play. The shares, at $105, trade for 43 times projected 2022 earnings.\nT. Rowe Price’s Spencer views Trex as worth the price, based on his view that it can generate sustainable annual revenue growth of 15% to 20%. Earnings are expected to climb by about 20% in 2022 and at a similar pace in the following years. “If you roll the clock forward three years, it doesn’t look as expensive,” he says.\nUpwork(UPWK), an online marketplace for freelance workers, is favored by Baillie Gifford’s Brodie, who says it offers a play on the greater acceptance of freelancers by businesses.\nThe shares, recently around $44, aren’t cheap. Upwork is valued at $5.7 billion, or more than 10 times this year’s projected sales of nearly $500 million. It operates at a slight loss.\nThe investment case is about rapid sales growth leading to ample earnings. Sales are expected to rise by 30%-plus this year and 25% for 2022.\n“Freelancers are more accepted by small to midsize business, but they’ve been frowned on by the HR departments at large businesses,” Brodie says. Upwork aims to change that perception by vetting its freelancers and by offering thousands of skill sets. “Upwork could become a trusted partner for an increasing number of enterprise-grade partners,” he says.","news_type":1,"symbols_score_info":{"BAH":0.9,"TREX":0.9,"SFIX":0.9,"STAA":0.9,"UPWK":0.9,"JBHT":0.9,"AMRS":0.9,"SITE":0.9,"AMED":0.9,"VAC":0.9}},"isVote":1,"tweetType":1,"viewCount":2878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148433247,"gmtCreate":1626001541189,"gmtModify":1631891569655,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Goodd&nbsp;","listText":"Goodd&nbsp;","text":"Goodd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148433247","repostId":"1196440758","repostType":4,"repost":{"id":"1196440758","kind":"news","pubTimestamp":1625967335,"share":"https://www.laohunote.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和成熟的公司风险更大，但精心选择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>这两家快速增长的科技企业都已经盈利。</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选择已经存在了几十年的稳定且成熟的公司，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>伯克希尔哈撒韦公司</b>然而，这种做法的缺点是，投资者可能会错过从长期来看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是，很难衡量它们快速的营收增长率能持续多久。此外，如果股价中已经包含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，在未来十年押注成长型股票时，可以说比押注拥有数十年成功的稳定且成熟的公司存在更大的风险。</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>以下两只成长型股票不仅有机会在未来 10 年内达到高预期，甚至可能超越高预期：<b>Zoom Video通讯</b>（纳斯达克股票代码：ZM）和<b>Peloton互动</b>（纳斯达克股票代码：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。他们可能会认为，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>诚然，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）收入同比飙升 326%。但投资者应该注意到，在疫情之前，使用视频进行虚拟协作的趋势已经非常强劲；2020财年收入同比增长88%。当时大客户的增长尤其强劲。Zoom 过去 12 个月收入超过 10 万美元的客户在 2020 财年第四季度同比增长 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%，互联健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续势头</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>驱动 Zoom 和 Peloton 的潜在催化剂仍然活跃且状况良好。两家公司都保持强劲增长。</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>尽管去年同期面临极其艰难的比较，但由于两家公司都受益于封锁期间需求飙升，Zoom 和 Peloton 最近报告的季度收入分别同比增长 191% 和 141%。</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 预计 2022 财年收入将接近 40 亿美元，高于 2021 财年约 27 亿美元的收入。</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，每个连接的健身订阅的月平均锻炼次数升至历史新高，这预示着 Peloton 的持续发展势头，这表明即使经济重新开放，该公司的产品仍然产生了高参与度。</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，使这些公司有别于许多其他成长型股票的另一个因素是，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定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会在未来 10 年内跑赢市场，但它们最近的势头——在疫情最严重时期之前、期间和之后——表明它们可能拥有光明的未来。</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和成熟的公司风险更大，但精心选择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>这两家快速增长的科技企业都已经盈利。</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选择已经存在了几十年的稳定且成熟的公司，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>伯克希尔哈撒韦公司</b>然而，这种做法的缺点是，投资者可能会错过从长期来看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是，很难衡量它们快速的营收增长率能持续多久。此外，如果股价中已经包含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，在未来十年押注成长型股票时，可以说比押注拥有数十年成功的稳定且成熟的公司存在更大的风险。</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>以下两只成长型股票不仅有机会在未来 10 年内达到高预期，甚至可能超越高预期：<b>Zoom Video通讯</b>（纳斯达克股票代码：ZM）和<b>Peloton互动</b>（纳斯达克股票代码：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。他们可能会认为，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>诚然，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）收入同比飙升 326%。但投资者应该注意到，在疫情之前，使用视频进行虚拟协作的趋势已经非常强劲；2020财年收入同比增长88%。当时大客户的增长尤其强劲。Zoom 过去 12 个月收入超过 10 万美元的客户在 2020 财年第四季度同比增长 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%，互联健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续势头</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>驱动 Zoom 和 Peloton 的潜在催化剂仍然活跃且状况良好。两家公司都保持强劲增长。</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>尽管去年同期面临极其艰难的比较，但由于两家公司都受益于封锁期间需求飙升，Zoom 和 Peloton 最近报告的季度收入分别同比增长 191% 和 141%。</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 预计 2022 财年收入将接近 40 亿美元，高于 2021 财年约 27 亿美元的收入。</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，每个连接的健身订阅的月平均锻炼次数升至历史新高，这预示着 Peloton 的持续发展势头，这表明即使经济重新开放，该公司的产品仍然产生了高参与度。</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，使这些公司有别于许多其他成长型股票的另一个因素是，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定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会在未来 10 年内跑赢市场，但它们最近的势头——在疫情最严重时期之前、期间和之后——表明它们可能拥有光明的未来。</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":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149766302,"gmtCreate":1625749397206,"gmtModify":1631891569652,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Okayyyyy","listText":"Okayyyyy","text":"Okayyyyy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/149766302","repostId":"1144202301","repostType":4,"isVote":1,"tweetType":1,"viewCount":3363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152509182,"gmtCreate":1625304999046,"gmtModify":1631891569655,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"That great","listText":"That great","text":"That great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152509182","repostId":"1165340887","repostType":4,"isVote":1,"tweetType":1,"viewCount":2849,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156654830,"gmtCreate":1625220716020,"gmtModify":1631891569666,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156654830","repostId":"1140601245","repostType":4,"isVote":1,"tweetType":1,"viewCount":2404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156655091,"gmtCreate":1625220619613,"gmtModify":1631891569666,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/156655091","repostId":"1129356287","repostType":4,"repost":{"id":"1129356287","kind":"news","pubTimestamp":1625220037,"share":"https://www.laohunote.com/m/news/1129356287?lang=zh_CN&edition=full","pubTime":"2021-07-02 18:00","market":"us","language":"en","title":"A Wave of Earnings Restatements Slams a Hot Market<blockquote>一波财报重述冲击火热市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129356287","media":"The Wall Street Journal","summary":"Accounting guidance from the Securities and Exchange Commission has led to a big slowdown in SPACs.\n","content":"<p>  Accounting guidance from the Securities and Exchange Commission has led to a big slowdown in SPACs.  More than 540 companies have restated their financial accounts in the past three months, higher than every full year since 2013, to comply with a directive from Washington, new data show.</p><p><blockquote>美国证券交易委员会的会计指导导致 SPAC 大幅放缓。新数据显示，过去三个月，超过 540 家公司重述了其财务账目，高于 2013 年以来的任何一年，以遵守华盛顿的指令。</blockquote></p><p> The guidance from the Securities and Exchange Commission hasn’t had a big impact on investors but has helped cause a big slowdown in one of the market’s hottest areas.</p><p><blockquote>美国证券交易委员会的指导意见并未对投资者产生太大影响，但却导致市场最热门的领域之一大幅放缓。</blockquote></p><p> The SEC’s statement targeted special-purpose acquisition companies, saying in April thatsome were improperly accounting for warrants. The guidance took the market by surprise, according to analysts. Issuance of SPACs has tumbled since. What’s more, some SPACs used the restatements to disclose other more serious problems.</p><p><blockquote>美国证券交易委员会的声明针对的是特殊目的收购公司，它在 4 月份表示，有些公司对认股权证的会计核算不当。分析师表示，这一指导令市场感到意外。此后，SPAC 的发行量大幅下降。更重要的是，一些 SPAC 利用这些重述来披露其他更严重的问题。</blockquote></p><p> SPACs, or blank-check companies, are shells that raise money and list on an exchange, with the goal of merging with a private firm and taking it public. Many issue warrants as part of the fundraising, giving investors the right to buy stock in the new entity created by the merger at an arranged price. The warrants are seen as animportant inducement for investorsin what are typically high-risk early-stage companies.</p><p><blockquote>SPAC，或空白支票公司，是筹集资金并在交易所上市的空壳公司，目标是与私营公司合并并上市。许多公司发行认股权证作为融资的一部分，赋予投资者以约定价格购买合并创建的新实体股票的权利。对于典型的高风险早期公司，认股权证被视为投资者的重要诱因。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4b60b5f5992aee0f496e53d24daf7e74\" tg-width=\"313\" tg-height=\"408\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> For years, SPACs and companies that had merged with SPACs treated these warrants as equity in their financial statements. The SEC in April said certain features of many of the warrants, such as better terms being offered to sponsors than outside investors, meant they should instead be treated as liabilities. One reason is that there is the potential for a cash payout in some circumstances.</p><p><blockquote>多年来，SPAC 和与 SPAC 合并的公司在财务报表中将这些认股权证视为股权。美国证券交易委员会 (SEC) 4 月份表示，许多认股权证的某些特征，例如向保荐人提供的条款优于向外部投资者提供的条款，意味着它们应被视为负债。一个原因是在某些情况下有可能支付现金。</blockquote></p><p> An SEC spokesman said the issue addressed in its April statement was “not a new accounting question.” Guidance on how to classify warrants was included in accounting rules more than a decade ago, the spokesman said.</p><p><blockquote>美国证券交易委员会发言人表示，4 月份声明中提到的问题 “不是一个新的会计问题”。该发言人表示，十多年前，会计规则中就包含了如何对认股权证进行分类的指导。</blockquote></p><p> SPACs were booming when the SEC dropped its accounting bombshell. The regulator’s guidance forced a scramble among auditors and lawyers, as companies had to rethink their treatment of warrants before going public or completing mergers. At the same time, shares of popular companies tied to SPACs were tumbling, helping to stall new issuance.</p><p><blockquote>当美国证券交易委员会放弃会计重磅炸弹时，SPAC 正在蓬勃发展。监管机构的指导迫使审计师和律师争先恐后，因为公司在上市或完成合并之前必须重新考虑对认股权证的处理。与此同时，与 SPAC 相关的热门公司的股价正在暴跌，这有助于推迟新发行。</blockquote></p><p> The monthly amount raised by new blank-check companies plummeted from $35 billion in March to $3 billion in April and has yet to recover, according to data provider Dealogic. SPACs raised $3.9 billion in May and $3.2 billion in 2021 through June 24, the data show.</p><p><blockquote>根据数据提供商 Dealogic 的数据，新空白支票公司每月筹集的金额从 3 月份的 350 亿美元骤降至 4 月份的 30 亿美元，并且尚未恢复。数据显示，截至6月24日，SPAC在5月份筹集了39亿美元，在2021年筹集了32亿美元。</blockquote></p><p> “The SEC statement had the impact of immediately stopping the SPAC market—it shut everything down,” said David Larsen, a managing director at valuation firm Duff &amp; Phelps LLC. “We’re still dealing with the aftermath.”</p><p><blockquote>“估值公司 Duff &amp; Phelps LLC 的董事总经理大卫-拉森（David Larsen）说：”美国证券交易委员会的声明产生了立即停止 SPAC 市场的影响--它关闭了一切。“我们仍在处理善后事宜”</blockquote></p><p> Deals are still getting done, with a steady stream of SPACs taking companies public in recent weeks. The slowdown may have helped take some of the speculative froth out of the market, according to analysts. “It allowed people to take their breath in a superheated market,” Mr. Larsen said.</p><p><blockquote>交易仍在进行中，最近几周有源源不断的 SPAC 将公司上市。分析师表示，经济放缓可能有助于消除市场上的一些投机泡沫。“拉森先生说：”这让人们在过热的市场中喘口气。</blockquote></p><p> More than 540, or almost three-quarters, of active SPACs and companies taken public by SPACs have restated their financials to comply with the SEC rules. Of those, more than 200 have made a less serious type of restatement that doesn’t require alerting investors, according to an analysis by data provider Audit Analytics.</p><p><blockquote>超过 540 家（几乎四分之三）活跃的 SPAC 和 SPAC 上市的公司已经重述了其财务状况，以遵守 SEC 的规定。根据数据提供商 Audit Analytics 的分析，其中有 200 多家公司进行了不太严重的重述，无需提醒投资者。</blockquote></p><p> A further 330 SPACs and SPAC targets have done the most serious type of correction—the kind for which a company has to alert investors and reissue its financial statements. That is more such restatements, in less than three months, than the annual total for all companies in every year since 2010, the analysis found.</p><p><blockquote>另有 330 家 SPAC 和 SPAC 目标进行了最严重的调整——公司必须提醒投资者并重新发布财务报表。分析发现，在不到三个月的时间里，此类重述的次数比 2010 年以来所有公司每年的总和还要多。</blockquote></p><p> Several companies taken public by SPACs also have restated other more serious aspects of their financial statements. Electric-truck startupLordstown MotorsCorp.disclosed in June “substantial doubt” about its ability to continue as a going concern through the end of this year. The company’s two top leaders later resigned over inaccuracies in the way it recorded preorders for its truck. Lordstownthis month saidit felt it had enough funding to carry it through May 2022 and was still trying to raise money.</p><p><blockquote>SPAC 上市的几家公司还重述了其财务报表的其他更严重方面。电动卡车初创公司 Lordstown MotorsCorp. 在 6 月份披露，对其能否在今年年底继续经营存在 “重大疑问”。该公司的两名高层领导后来因卡车预订记录方式不准确而辞职。洛兹敦本月表示，它认为有足够的资金将其维持到 2022 年 5 月，并且仍在努力筹集资金。</blockquote></p><p>   <b>‘It’s been highly disruptive to the market and a huge distraction for companies. But investors are not fazed by these countless restatements.’</b>&nbsp;— Joel Rubinstein, White &amp; Case partner  Investors typically send stocks tumbling after major restatements, academic research has found. But these SEC-induced revisions are different.</p><p><blockquote><b>这对市场造成了极大的破坏，也让企业分心。但投资者并没有被这些无数的重复所吓倒。</b>— Joel Rubinstein，White &amp; Case partner 学术研究发现，投资者通常会在重大重述后让股票暴跌。但是这些SEC引发的修订是不同的。</blockquote></p><p> “It’s been highly disruptive to the market and a huge distraction for companies. But investors are not fazed by these countless restatements,” said Joel Rubinstein, a partner at law firm White &amp; Case.</p><p><blockquote>“White &amp; Case 律师事务所合伙人乔尔-鲁宾斯坦（Joel Rubinstein）说：”这对市场造成了很大的破坏，也让公司分心。但投资者并没有被这些无数的重复所吓倒。</blockquote></p><p></p><p> One reason is that SPACs are shell companies designed only to do deals. For SPACs that have yet to do a deal, investors typically don’t base their decisions on the companies’ financial performance, but instead judge the executive team.</p><p><blockquote>原因之一是 SPAC 是专门为进行交易而设计的空壳公司。对于尚未达成交易的 SPAC，投资者通常不会根据公司的财务业绩来做决定，而是根据高管团队来判断。</blockquote></p><p> There is continuing fallout from the SEC action: Treating the warrants as liabilities means they will have to be revalued every three months, when the company reports its latest financial results, as opposed to the one-off value if the warrants are included as equity.</p><p><blockquote>美国证券交易委员会的行动产生了持续的影响：将认股权证视为负债意味着当公司报告最新的财务业绩时，它们必须每三个月重新估值一次，而如果认股权证被纳入股权，则需要进行一次性价值。</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>A Wave of Earnings Restatements Slams a Hot Market<blockquote>一波财报重述冲击火热市场</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\">\nA Wave of Earnings Restatements Slams a Hot Market<blockquote>一波财报重述冲击火热市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-07-02 18:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Accounting guidance from the Securities and Exchange Commission has led to a big slowdown in SPACs.  More than 540 companies have restated their financial accounts in the past three months, higher than every full year since 2013, to comply with a directive from Washington, new data show.</p><p><blockquote>美国证券交易委员会的会计指导导致 SPAC 大幅放缓。新数据显示，过去三个月，超过 540 家公司重述了其财务账目，高于 2013 年以来的任何一年，以遵守华盛顿的指令。</blockquote></p><p> The guidance from the Securities and Exchange Commission hasn’t had a big impact on investors but has helped cause a big slowdown in one of the market’s hottest areas.</p><p><blockquote>美国证券交易委员会的指导意见并未对投资者产生太大影响，但却导致市场最热门的领域之一大幅放缓。</blockquote></p><p> The SEC’s statement targeted special-purpose acquisition companies, saying in April thatsome were improperly accounting for warrants. The guidance took the market by surprise, according to analysts. Issuance of SPACs has tumbled since. What’s more, some SPACs used the restatements to disclose other more serious problems.</p><p><blockquote>美国证券交易委员会的声明针对的是特殊目的收购公司，它在 4 月份表示，有些公司对认股权证的会计核算不当。分析师表示，这一指导令市场感到意外。此后，SPAC 的发行量大幅下降。更重要的是，一些 SPAC 利用这些重述来披露其他更严重的问题。</blockquote></p><p> SPACs, or blank-check companies, are shells that raise money and list on an exchange, with the goal of merging with a private firm and taking it public. Many issue warrants as part of the fundraising, giving investors the right to buy stock in the new entity created by the merger at an arranged price. The warrants are seen as animportant inducement for investorsin what are typically high-risk early-stage companies.</p><p><blockquote>SPAC，或空白支票公司，是筹集资金并在交易所上市的空壳公司，目标是与私营公司合并并上市。许多公司发行认股权证作为融资的一部分，赋予投资者以约定价格购买合并创建的新实体股票的权利。对于典型的高风险早期公司，认股权证被视为投资者的重要诱因。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/4b60b5f5992aee0f496e53d24daf7e74\" tg-width=\"313\" tg-height=\"408\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> For years, SPACs and companies that had merged with SPACs treated these warrants as equity in their financial statements. The SEC in April said certain features of many of the warrants, such as better terms being offered to sponsors than outside investors, meant they should instead be treated as liabilities. One reason is that there is the potential for a cash payout in some circumstances.</p><p><blockquote>多年来，SPAC 和与 SPAC 合并的公司在财务报表中将这些认股权证视为股权。美国证券交易委员会 (SEC) 4 月份表示，许多认股权证的某些特征，例如向保荐人提供的条款优于向外部投资者提供的条款，意味着它们应被视为负债。一个原因是在某些情况下有可能支付现金。</blockquote></p><p> An SEC spokesman said the issue addressed in its April statement was “not a new accounting question.” Guidance on how to classify warrants was included in accounting rules more than a decade ago, the spokesman said.</p><p><blockquote>美国证券交易委员会发言人表示，4 月份声明中提到的问题 “不是一个新的会计问题”。该发言人表示，十多年前，会计规则中就包含了如何对认股权证进行分类的指导。</blockquote></p><p> SPACs were booming when the SEC dropped its accounting bombshell. The regulator’s guidance forced a scramble among auditors and lawyers, as companies had to rethink their treatment of warrants before going public or completing mergers. At the same time, shares of popular companies tied to SPACs were tumbling, helping to stall new issuance.</p><p><blockquote>当美国证券交易委员会放弃会计重磅炸弹时，SPAC 正在蓬勃发展。监管机构的指导迫使审计师和律师争先恐后，因为公司在上市或完成合并之前必须重新考虑对认股权证的处理。与此同时，与 SPAC 相关的热门公司的股价正在暴跌，这有助于推迟新发行。</blockquote></p><p> The monthly amount raised by new blank-check companies plummeted from $35 billion in March to $3 billion in April and has yet to recover, according to data provider Dealogic. SPACs raised $3.9 billion in May and $3.2 billion in 2021 through June 24, the data show.</p><p><blockquote>根据数据提供商 Dealogic 的数据，新空白支票公司每月筹集的金额从 3 月份的 350 亿美元骤降至 4 月份的 30 亿美元，并且尚未恢复。数据显示，截至6月24日，SPAC在5月份筹集了39亿美元，在2021年筹集了32亿美元。</blockquote></p><p> “The SEC statement had the impact of immediately stopping the SPAC market—it shut everything down,” said David Larsen, a managing director at valuation firm Duff &amp; Phelps LLC. “We’re still dealing with the aftermath.”</p><p><blockquote>“估值公司 Duff &amp; Phelps LLC 的董事总经理大卫-拉森（David Larsen）说：”美国证券交易委员会的声明产生了立即停止 SPAC 市场的影响--它关闭了一切。“我们仍在处理善后事宜”</blockquote></p><p> Deals are still getting done, with a steady stream of SPACs taking companies public in recent weeks. The slowdown may have helped take some of the speculative froth out of the market, according to analysts. “It allowed people to take their breath in a superheated market,” Mr. Larsen said.</p><p><blockquote>交易仍在进行中，最近几周有源源不断的 SPAC 将公司上市。分析师表示，经济放缓可能有助于消除市场上的一些投机泡沫。“拉森先生说：”这让人们在过热的市场中喘口气。</blockquote></p><p> More than 540, or almost three-quarters, of active SPACs and companies taken public by SPACs have restated their financials to comply with the SEC rules. Of those, more than 200 have made a less serious type of restatement that doesn’t require alerting investors, according to an analysis by data provider Audit Analytics.</p><p><blockquote>超过 540 家（几乎四分之三）活跃的 SPAC 和 SPAC 上市的公司已经重述了其财务状况，以遵守 SEC 的规定。根据数据提供商 Audit Analytics 的分析，其中有 200 多家公司进行了不太严重的重述，无需提醒投资者。</blockquote></p><p> A further 330 SPACs and SPAC targets have done the most serious type of correction—the kind for which a company has to alert investors and reissue its financial statements. That is more such restatements, in less than three months, than the annual total for all companies in every year since 2010, the analysis found.</p><p><blockquote>另有 330 家 SPAC 和 SPAC 目标进行了最严重的调整——公司必须提醒投资者并重新发布财务报表。分析发现，在不到三个月的时间里，此类重述的次数比 2010 年以来所有公司每年的总和还要多。</blockquote></p><p> Several companies taken public by SPACs also have restated other more serious aspects of their financial statements. Electric-truck startupLordstown MotorsCorp.disclosed in June “substantial doubt” about its ability to continue as a going concern through the end of this year. The company’s two top leaders later resigned over inaccuracies in the way it recorded preorders for its truck. Lordstownthis month saidit felt it had enough funding to carry it through May 2022 and was still trying to raise money.</p><p><blockquote>SPAC 上市的几家公司还重述了其财务报表的其他更严重方面。电动卡车初创公司 Lordstown MotorsCorp. 在 6 月份披露，对其能否在今年年底继续经营存在 “重大疑问”。该公司的两名高层领导后来因卡车预订记录方式不准确而辞职。洛兹敦本月表示，它认为有足够的资金将其维持到 2022 年 5 月，并且仍在努力筹集资金。</blockquote></p><p>   <b>‘It’s been highly disruptive to the market and a huge distraction for companies. But investors are not fazed by these countless restatements.’</b>&nbsp;— Joel Rubinstein, White &amp; Case partner  Investors typically send stocks tumbling after major restatements, academic research has found. But these SEC-induced revisions are different.</p><p><blockquote><b>这对市场造成了极大的破坏，也让企业分心。但投资者并没有被这些无数的重复所吓倒。</b>— Joel Rubinstein，White &amp; Case partner 学术研究发现，投资者通常会在重大重述后让股票暴跌。但是这些SEC引发的修订是不同的。</blockquote></p><p> “It’s been highly disruptive to the market and a huge distraction for companies. But investors are not fazed by these countless restatements,” said Joel Rubinstein, a partner at law firm White &amp; Case.</p><p><blockquote>“White &amp; Case 律师事务所合伙人乔尔-鲁宾斯坦（Joel Rubinstein）说：”这对市场造成了很大的破坏，也让公司分心。但投资者并没有被这些无数的重复所吓倒。</blockquote></p><p></p><p> One reason is that SPACs are shell companies designed only to do deals. For SPACs that have yet to do a deal, investors typically don’t base their decisions on the companies’ financial performance, but instead judge the executive team.</p><p><blockquote>原因之一是 SPAC 是专门为进行交易而设计的空壳公司。对于尚未达成交易的 SPAC，投资者通常不会根据公司的财务业绩来做决定，而是根据高管团队来判断。</blockquote></p><p> There is continuing fallout from the SEC action: Treating the warrants as liabilities means they will have to be revalued every three months, when the company reports its latest financial results, as opposed to the one-off value if the warrants are included as equity.</p><p><blockquote>美国证券交易委员会的行动产生了持续的影响：将认股权证视为负债意味着当公司报告最新的财务业绩时，它们必须每三个月重新估值一次，而如果认股权证被纳入股权，则需要进行一次性价值。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/a-wave-of-earnings-restatements-slams-a-hot-market-11625218380?mod=rss_markets_main\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/a-wave-of-earnings-restatements-slams-a-hot-market-11625218380?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129356287","content_text":"Accounting guidance from the Securities and Exchange Commission has led to a big slowdown in SPACs.\n\nMore than 540 companies have restated their financial accounts in the past three months, higher than every full year since 2013, to comply with a directive from Washington, new data show.\nThe guidance from the Securities and Exchange Commission hasn’t had a big impact on investors but has helped cause a big slowdown in one of the market’s hottest areas.\nThe SEC’s statement targeted special-purpose acquisition companies, saying in April thatsome were improperly accounting for warrants. The guidance took the market by surprise, according to analysts. Issuance of SPACs has tumbled since. What’s more, some SPACs used the restatements to disclose other more serious problems.\nSPACs, or blank-check companies, are shells that raise money and list on an exchange, with the goal of merging with a private firm and taking it public. Many issue warrants as part of the fundraising, giving investors the right to buy stock in the new entity created by the merger at an arranged price. The warrants are seen as animportant inducement for investorsin what are typically high-risk early-stage companies.\n\nFor years, SPACs and companies that had merged with SPACs treated these warrants as equity in their financial statements. The SEC in April said certain features of many of the warrants, such as better terms being offered to sponsors than outside investors, meant they should instead be treated as liabilities. One reason is that there is the potential for a cash payout in some circumstances.\nAn SEC spokesman said the issue addressed in its April statement was “not a new accounting question.” Guidance on how to classify warrants was included in accounting rules more than a decade ago, the spokesman said.\nSPACs were booming when the SEC dropped its accounting bombshell. The regulator’s guidance forced a scramble among auditors and lawyers, as companies had to rethink their treatment of warrants before going public or completing mergers. At the same time, shares of popular companies tied to SPACs were tumbling, helping to stall new issuance.\nThe monthly amount raised by new blank-check companies plummeted from $35 billion in March to $3 billion in April and has yet to recover, according to data provider Dealogic. SPACs raised $3.9 billion in May and $3.2 billion in 2021 through June 24, the data show.\n“The SEC statement had the impact of immediately stopping the SPAC market—it shut everything down,” said David Larsen, a managing director at valuation firm Duff & Phelps LLC. “We’re still dealing with the aftermath.”\nDeals are still getting done, with a steady stream of SPACs taking companies public in recent weeks. The slowdown may have helped take some of the speculative froth out of the market, according to analysts. “It allowed people to take their breath in a superheated market,” Mr. Larsen said.\nMore than 540, or almost three-quarters, of active SPACs and companies taken public by SPACs have restated their financials to comply with the SEC rules. Of those, more than 200 have made a less serious type of restatement that doesn’t require alerting investors, according to an analysis by data provider Audit Analytics.\nA further 330 SPACs and SPAC targets have done the most serious type of correction—the kind for which a company has to alert investors and reissue its financial statements. That is more such restatements, in less than three months, than the annual total for all companies in every year since 2010, the analysis found.\nSeveral companies taken public by SPACs also have restated other more serious aspects of their financial statements. Electric-truck startupLordstown MotorsCorp.disclosed in June “substantial doubt” about its ability to continue as a going concern through the end of this year. The company’s two top leaders later resigned over inaccuracies in the way it recorded preorders for its truck. Lordstownthis month saidit felt it had enough funding to carry it through May 2022 and was still trying to raise money.\n\n‘It’s been highly disruptive to the market and a huge distraction for companies. But investors are not fazed by these countless restatements.’ — Joel Rubinstein, White & Case partner\n\nInvestors typically send stocks tumbling after major restatements, academic research has found. But these SEC-induced revisions are different.\n“It’s been highly disruptive to the market and a huge distraction for companies. But investors are not fazed by these countless restatements,” said Joel Rubinstein, a partner at law firm White & Case.\nOne reason is that SPACs are shell companies designed only to do deals. For SPACs that have yet to do a deal, investors typically don’t base their decisions on the companies’ financial performance, but instead judge the executive team.\nThere is continuing fallout from the SEC action: Treating the warrants as liabilities means they will have to be revalued every three months, when the company reports its latest financial results, as opposed to the one-off value if the warrants are included as equity.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166490751,"gmtCreate":1624021115373,"gmtModify":1631891569667,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"//<a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>:Please help me to like and Comment to get feature ! //<a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>:Let’s go Disney!","listText":"//<a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>:Please help me to like and Comment to get feature ! //<a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>:Let’s go Disney!","text":"//@Foured:Please help me to like and Comment to get feature ! //@Foured:Let’s go Disney!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166490751","repostId":"2144775754","repostType":4,"isVote":1,"tweetType":1,"viewCount":1097,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166490327,"gmtCreate":1624021087569,"gmtModify":1631891569668,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"//<a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>:Please help me to like and Comment to get feature ! // <a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>: Let’s go Disney!","listText":"//<a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>:Please help me to like and Comment to get feature ! // <a href=\"https://laohu8.com/U/3563577781679506\">@Foured</a>: Let’s go Disney!","text":"//@Foured:Please help me to like and Comment to get feature ! // @Foured: Let’s go Disney!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166490327","repostId":"2144775754","repostType":4,"isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117586351,"gmtCreate":1623151309573,"gmtModify":1631891569669,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117586351","repostId":"1130541253","repostType":4,"isVote":1,"tweetType":1,"viewCount":1064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112557587,"gmtCreate":1622891890649,"gmtModify":1631891569672,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Wiw","listText":"Wiw","text":"Wiw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/112557587","repostId":"1160563289","repostType":4,"repost":{"id":"1160563289","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":1622864224,"share":"https://www.laohunote.com/m/news/1160563289?lang=zh_CN&edition=full","pubTime":"2021-06-05 11:37","market":"us","language":"en","title":"FTSE Russell removed GameStop from the small-cap index<blockquote>富时罗素将游戏驿站从小盘股指数中移除</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160563289","media":"Tiger Newspress","summary":"FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in ","content":"<p>FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in the Russell U.S. index.</p><p><blockquote>富时罗素将游戏驿站从小盘股指数中移除，特斯拉和摩根大通跻身罗素美国指数前 10 名。</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>FTSE Russell removed GameStop from the small-cap index<blockquote>富时罗素将游戏驿站从小盘股指数中移除</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 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index<blockquote>富时罗素将游戏驿站从小盘股指数中移除</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\">2021-06-05 11:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in the Russell U.S. index.</p><p><blockquote>富时罗素将游戏驿站从小盘股指数中移除，特斯拉和摩根大通跻身罗素美国指数前 10 名。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","IWM":"罗素2000指数ETF","GME":"游戏驿站","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160563289","content_text":"FTSE Russell removed GameStop from the small-cap index, with Tesla and JPMorgan among the top 10 in the Russell U.S. index.","news_type":1,"symbols_score_info":{"GME":0.9,"JPM":0.9,"TSLA":0.9,"IWM":0.9}},"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111252918,"gmtCreate":1622683724134,"gmtModify":1631893867551,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/111252918","repostId":"1158277325","repostType":4,"isVote":1,"tweetType":1,"viewCount":914,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111256247,"gmtCreate":1622683698989,"gmtModify":1631893867554,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/111256247","repostId":"1195948779","repostType":4,"isVote":1,"tweetType":1,"viewCount":920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119685142,"gmtCreate":1622542378286,"gmtModify":1631893867557,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok//<a href=\"https://laohu8.com/U/3569389977740102\">@joeyygagner</a>:Noce","listText":"Ok//<a href=\"https://laohu8.com/U/3569389977740102\">@joeyygagner</a>:Noce","text":"Ok//@joeyygagner:Noce","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/119685142","repostId":"1170057746","repostType":4,"repost":{"id":"1170057746","kind":"news","pubTimestamp":1622541141,"share":"https://www.laohunote.com/m/news/1170057746?lang=zh_CN&edition=full","pubTime":"2021-06-01 17:52","market":"us","language":"en","title":"Amazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170057746","media":"Barrons","summary":"On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s","content":"<p>On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s a big acquisition—Amazon’s second-largest ever, behind only its $13.4 billion purchase of Whole Foods in 2017. But MGM doesn’t own an especially compelling set of assets. So why is Amazon paying up?</p><p><blockquote>从表面上看，亚马逊斥资 85 亿美元收购米高梅控股公司令人费解。从绝对值来看，这是一次大收购--亚马逊有史以来第二大收购，仅次于 2017 年以 134 亿美元收购全食超市。但米高梅并没有特别引人注目的资产。那么亚马逊为什么要付钱呢？</blockquote></p><p>For one thing, the e-commerce giant (ticker: AMZN) can afford it. With a market value of $1.6 trillion, $9 billion is a drop in the bucket.</p><p><blockquote>首先，这家电子商务巨头（股票代码：AMZN）买得起。市值1.6万亿美元，90亿美元只是杯水车薪。</blockquote></p><p>MGM brings a library of 4,000 films and 17,000 TV episodes. The biggest prize is the complete collection of James Bond films—and the right to make more of them. Amazon also gets second-tier franchises, including the&nbsp;<i>Pink Panther, Rocky, RoboCop, Legally Blonde, Tomb Raider</i>, and<i>The Addams Family.</i>MGM’s TV production arm produces scripted series, such as<i>The Handmaid’s Tale</i>and<i>Fargo</i>, and unscripted shows, such as<i>Shark Tank</i>and<i>The Voice</i>. MGM also runs the Epix subscription movie service. As Bernstein analyst Mark Shmulik wrote in a research note this past week, MGM’s library is hardly a game changer. “What would you pay for an MGM+ subscription?” he asks. “Probably not a lot.”</p><p><blockquote>米高梅带来了4000部电影和17000集电视剧的资料库。最大的奖品是詹姆斯·邦德电影的全集，以及制作更多电影的权利。亚马逊还获得了二线特许经营权，包括<i>粉红豹、洛基、机械战警、律政俏佳人、古墓丽影</i>，和<i>亚当斯一家。</i>米高梅的电视制作部门制作剧本剧集，例如<i>女仆的故事</i>和<i>法戈</i>和无脚本节目，例如<i>鲨鱼池</i>和<i>声音</i>米高梅还经营Epix订阅电影服务。正如伯恩斯坦分析师马克-什穆利克（Mark Shmulik）上周在一份研究报告中所写的那样，米高梅的图书馆很难改变游戏规则。“您愿意为订阅 MGM+ 支付多少费用？”他问。“可能不多。”</blockquote></p><p>The library was long ago stripped of its most iconic films. In 1986, Ted Turner bought MGM and quickly sold the studio, while keeping the rights to many of its historic movies. Those flicks are now controlled by Turner Classic Movies, part of&nbsp;AT&amp;T’s(T) WarnerMedia. So Amazon won’t get&nbsp;<i>The Wizard of Oz</i>, or&nbsp;<i>Gone With The Wind</i>, or&nbsp;<i>Singin’ in the Rain</i>. (You can watch any of those on HBO Max right now.)</p><p><blockquote>图书馆很久以前就被剥夺了最具标志性的电影。1986年，特德·特纳收购了米高梅，并很快出售了工作室，同时保留了许多历史电影的版权。这些电影现在由 AT&amp;T(T) WarnerMedia 旗下的 Turner Classic Movies 控制。所以亚马逊不会得到<i>绿野仙踪</i>, 或<i>乱世佳人</i>, 或<i>雨中歌唱</i>（您现在就可以在 HBO Max 上观看这些节目。）</blockquote></p><p>And yet, there are merits to this deal. It locks up access to some old but familiar content at a time when that’s getting harder to do.Walt Disney(DIS),Comcast’s(CMCSA) NBCUniversal,ViacomCBS(VIAC) and WarnerMedia have all created their own streaming platforms. Over time, they’ll keep their libraries in-house, limiting the content choices for Amazon’s platform.</p><p><blockquote>然而，这笔交易也有其优点。华特-迪士尼（DIS）、康卡斯特（CMCSA）、NBC环球、维亚康姆CBS（VIAC）和华纳媒体都创建了自己的流媒体平台。随着时间的推移，他们将把库保留在内部，从而限制亚马逊平台的内容选择。</blockquote></p><p>But now Amazon can play the same game. As Citigroup analyst Jason Bazinet pointed out in a research note last week, MGM produces seven shows for Disney, four for Comcast, four combined for WarnerMedia andDiscovery(DISCA), three for ViacomCBS, and one or two each forNetflix(NFLX),AMC Networks(AMCX), and Fox. Those include some popular shows that could eventually show up on Amazon Prime, including ABC’s<i>Shark Tank</i>, NBC’s<i>The Voice</i>, CBS’s<i>Survivor</i>, and AMC’s<i>Real Housewives</i>.</p><p><blockquote>但现在亚马逊也可以玩同样的游戏了。正如花旗集团分析师杰森·巴齐内特 (Jason Bazinet) 上周在一份研究报告中指出的那样，米高梅为迪士尼制作了七部节目，为康卡斯特制作了四部，为华纳媒体和探索频道 (DISCA) 制作了四部，为维亚康姆哥伦比亚广播公司制作了三部，为 Netflix (NFLX)、AMC Networks (AMCX) 和福克斯各制作了一到两部。其中包括一些最终可能出现在亚马逊 Prime 上的热门节目，包括美国广播公司的<i>鲨鱼池</i>, NBC<i>声音</i>哥伦比亚广播公司<i>幸存者</i>以及AMC的<i>真正的主妇</i>.</blockquote></p><p>MGM has been generating about $1.5 billion in annual revenue, but much of that will disappear as licenses expire and Amazon shifts the content to its own platform. For Amazon, the point is to find ways to mine MGM’s library for new content. Maybe the world needs a&nbsp;<i>Mystic Pizza</i>remake, or a&nbsp;<i>Hot Tub Time Machine</i>s&nbsp;equel, or another&nbsp;<i>Weekend at Bernie’s</i>.</p><p><blockquote>米高梅的年收入约为 15 亿美元，但随着许可证到期以及亚马逊将内容转移到自己的平台上，其中大部分收入将消失。对亚马逊来说，关键在于找到挖掘米高梅图书馆新内容的方法。也许这个世界需要一个<i>神秘披萨</i>翻拍，或<i>热水浴缸时间机器</i>续集，或其他<i>伯尼餐厅的周末</i>.</blockquote></p><p>“The acquisition’s thesis here is really very simple,” Jeff Bezos, Amazon’s chairman and its outgoing CEO, said at the company’s annual meeting last week. “MGM has a vast and deep catalog of much beloved intellectual property, and...we can reimagine and develop that IP for the 21st century.”</p><p><blockquote>“亚马逊董事长兼即将离任的首席执行官杰夫·贝索斯在上周的公司年会上说：”此次收购的论点非常简单。“米高梅拥有大量深受喜爱的知识产权，而且......我们可以为 21 世纪重新构想和开发这些知识产权”。</blockquote></p><p>MGM hasn’t had the resources to do that on its own—the company has spent just $6 billion on new and acquired content since 2011, an almost trivial amount in the new world of streaming. Amazon spent $11 billion on movie, TV, and music content in 2020, up from $7.8 billion in 2019—and the total keeps growing, including a new 10-year deal to air<i>Thursday Night Football</i>for a reported $1 billion annually. Netflix expects to spend $17 billion on content this year alone. Disney says its content spending will reach $16 billion annually by 2024. Discovery and AT&amp;T’s WarnerMedia expect to spend $20 billion a year on content once their merger closes.</p><p><blockquote>米高梅公司没有足够的资源独自完成这项工作--自 2011 年以来，该公司在新内容和收购内容上的支出仅为 60 亿美元，这在流媒体的新世界里几乎是微不足道的。亚马逊 2020 年在电影、电视和音乐内容上的支出为 110 亿美元，高于 2019 年的 78 亿美元，而且总额还在持续增长，其中包括一项新的 10 年播出协议<i>周四晚上足球赛</i>据报道每年10亿美元。Netflix 预计仅今年一年就将在内容上花费 170 亿美元。迪士尼表示，到 2024 年，其内容支出每年将达到 160 亿美元。Discovery 和 AT&amp;T 旗下华纳媒体预计，一旦合并完成，每年将在内容上花费 200 亿美元。</blockquote></p><p>Ultimately, Amazon will have more than one way to squeeze value out of MGM. More content should boost the appeal of Amazon Prime Video, which could reduce churn for Amazon Prime customers, and, thus, spur more online shopping.</p><p><blockquote>最终，亚马逊将有不止一种方式从米高梅榨取价值。更多的内容应该会提高亚马逊Prime Video的吸引力，这可以减少亚马逊Prime客户的流失，从而刺激更多的在线购物。</blockquote></p><p>Amazon also operates an advertising-supported on-demand video service called IMDB.TV, which needs catalog content to survive. And then there’s Amazon Fire, the streaming video platform that competes with&nbsp;Roku(ROKU); it could fill multiple new streaming channels with MGM content. One could imagine Amazon creatively mining its new trove to create not just new movies, but also television series, games, and podcasts, while loading up IMDB.TV with deep catalog content, such as<i>Tank Girl</i>,<i>Rollerball</i>, and<i>Bio-Dome</i>.</p><p><blockquote>亚马逊还运营着一项名为IMDB.TV的广告支持的视频点播服务，该服务需要目录内容才能生存。还有与Roku（Roku）竞争的流媒体视频平台 Amazon Fire；它可以用米高梅的内容填充多个新的流媒体频道。人们可以想象亚马逊创造性地挖掘它的新宝库，不仅制作新电影，还制作电视剧、游戏和播客，同时在IMDB.TV上加载深度目录内容，例如<i>坦克女孩</i>,<i>滚轴球</i>，和<i>生物穹顶</i>.</blockquote></p><p></p><p>Lightshed Partners analyst Rich Greenfield told me this past week that there is “a war for time and attention...and MGM owns a lot of IP.” Greenfield says that Amazon has spent a lot of money on movies and television content in recent years without a lot to show for it in terms of “high-profile, visible hits.” The additional properties from MGM, he says, gives the company more opportunities to improve its streaming performance.</p><p><blockquote>Lightshed Partners 分析师里奇-格林菲尔德（Rich Greenfield）上周告诉我，“这是一场争夺时间和注意力的战争......而米高梅拥有大量知识产权”。格林菲尔德说，亚马逊近年来在电影和电视内容上投入了大量资金，但在 “引人注目、引人注目的热门影片 ”方面却没有太多表现。他说，米高梅的额外资产为该公司提供了更多机会来提高其流媒体性能。</blockquote></p><p>Netflix might have&nbsp;<i>The Queen’s Gambit</i>&nbsp;but just imagine what James Bond could do with a chess board.</p><p><blockquote>Netflix 可能有<i>女王的策略</i>但是想象一下詹姆斯·邦德能用棋盘做什么。</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>Amazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-01 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s a big acquisition—Amazon’s second-largest ever, behind only its $13.4 billion purchase of Whole Foods in 2017. But MGM doesn’t own an especially compelling set of assets. So why is Amazon paying up?</p><p><blockquote>从表面上看，亚马逊斥资 85 亿美元收购米高梅控股公司令人费解。从绝对值来看，这是一次大收购--亚马逊有史以来第二大收购，仅次于 2017 年以 134 亿美元收购全食超市。但米高梅并没有特别引人注目的资产。那么亚马逊为什么要付钱呢？</blockquote></p><p>For one thing, the e-commerce giant (ticker: AMZN) can afford it. With a market value of $1.6 trillion, $9 billion is a drop in the bucket.</p><p><blockquote>首先，这家电子商务巨头（股票代码：AMZN）买得起。市值1.6万亿美元，90亿美元只是杯水车薪。</blockquote></p><p>MGM brings a library of 4,000 films and 17,000 TV episodes. The biggest prize is the complete collection of James Bond films—and the right to make more of them. Amazon also gets second-tier franchises, including the&nbsp;<i>Pink Panther, Rocky, RoboCop, Legally Blonde, Tomb Raider</i>, and<i>The Addams Family.</i>MGM’s TV production arm produces scripted series, such as<i>The Handmaid’s Tale</i>and<i>Fargo</i>, and unscripted shows, such as<i>Shark Tank</i>and<i>The Voice</i>. MGM also runs the Epix subscription movie service. As Bernstein analyst Mark Shmulik wrote in a research note this past week, MGM’s library is hardly a game changer. “What would you pay for an MGM+ subscription?” he asks. “Probably not a lot.”</p><p><blockquote>米高梅带来了4000部电影和17000集电视剧的资料库。最大的奖品是詹姆斯·邦德电影的全集，以及制作更多电影的权利。亚马逊还获得了二线特许经营权，包括<i>粉红豹、洛基、机械战警、律政俏佳人、古墓丽影</i>，和<i>亚当斯一家。</i>米高梅的电视制作部门制作剧本剧集，例如<i>女仆的故事</i>和<i>法戈</i>和无脚本节目，例如<i>鲨鱼池</i>和<i>声音</i>米高梅还经营Epix订阅电影服务。正如伯恩斯坦分析师马克-什穆利克（Mark Shmulik）上周在一份研究报告中所写的那样，米高梅的图书馆很难改变游戏规则。“您愿意为订阅 MGM+ 支付多少费用？”他问。“可能不多。”</blockquote></p><p>The library was long ago stripped of its most iconic films. In 1986, Ted Turner bought MGM and quickly sold the studio, while keeping the rights to many of its historic movies. Those flicks are now controlled by Turner Classic Movies, part of&nbsp;AT&amp;T’s(T) WarnerMedia. So Amazon won’t get&nbsp;<i>The Wizard of Oz</i>, or&nbsp;<i>Gone With The Wind</i>, or&nbsp;<i>Singin’ in the Rain</i>. (You can watch any of those on HBO Max right now.)</p><p><blockquote>图书馆很久以前就被剥夺了最具标志性的电影。1986年，特德·特纳收购了米高梅，并很快出售了工作室，同时保留了许多历史电影的版权。这些电影现在由 AT&amp;T(T) WarnerMedia 旗下的 Turner Classic Movies 控制。所以亚马逊不会得到<i>绿野仙踪</i>, 或<i>乱世佳人</i>, 或<i>雨中歌唱</i>（您现在就可以在 HBO Max 上观看这些节目。）</blockquote></p><p>And yet, there are merits to this deal. It locks up access to some old but familiar content at a time when that’s getting harder to do.Walt Disney(DIS),Comcast’s(CMCSA) NBCUniversal,ViacomCBS(VIAC) and WarnerMedia have all created their own streaming platforms. Over time, they’ll keep their libraries in-house, limiting the content choices for Amazon’s platform.</p><p><blockquote>然而，这笔交易也有其优点。华特-迪士尼（DIS）、康卡斯特（CMCSA）、NBC环球、维亚康姆CBS（VIAC）和华纳媒体都创建了自己的流媒体平台。随着时间的推移，他们将把库保留在内部，从而限制亚马逊平台的内容选择。</blockquote></p><p>But now Amazon can play the same game. As Citigroup analyst Jason Bazinet pointed out in a research note last week, MGM produces seven shows for Disney, four for Comcast, four combined for WarnerMedia andDiscovery(DISCA), three for ViacomCBS, and one or two each forNetflix(NFLX),AMC Networks(AMCX), and Fox. Those include some popular shows that could eventually show up on Amazon Prime, including ABC’s<i>Shark Tank</i>, NBC’s<i>The Voice</i>, CBS’s<i>Survivor</i>, and AMC’s<i>Real Housewives</i>.</p><p><blockquote>但现在亚马逊也可以玩同样的游戏了。正如花旗集团分析师杰森·巴齐内特 (Jason Bazinet) 上周在一份研究报告中指出的那样，米高梅为迪士尼制作了七部节目，为康卡斯特制作了四部，为华纳媒体和探索频道 (DISCA) 制作了四部，为维亚康姆哥伦比亚广播公司制作了三部，为 Netflix (NFLX)、AMC Networks (AMCX) 和福克斯各制作了一到两部。其中包括一些最终可能出现在亚马逊 Prime 上的热门节目，包括美国广播公司的<i>鲨鱼池</i>, NBC<i>声音</i>哥伦比亚广播公司<i>幸存者</i>以及AMC的<i>真正的主妇</i>.</blockquote></p><p>MGM has been generating about $1.5 billion in annual revenue, but much of that will disappear as licenses expire and Amazon shifts the content to its own platform. For Amazon, the point is to find ways to mine MGM’s library for new content. Maybe the world needs a&nbsp;<i>Mystic Pizza</i>remake, or a&nbsp;<i>Hot Tub Time Machine</i>s&nbsp;equel, or another&nbsp;<i>Weekend at Bernie’s</i>.</p><p><blockquote>米高梅的年收入约为 15 亿美元，但随着许可证到期以及亚马逊将内容转移到自己的平台上，其中大部分收入将消失。对亚马逊来说，关键在于找到挖掘米高梅图书馆新内容的方法。也许这个世界需要一个<i>神秘披萨</i>翻拍，或<i>热水浴缸时间机器</i>续集，或其他<i>伯尼餐厅的周末</i>.</blockquote></p><p>“The acquisition’s thesis here is really very simple,” Jeff Bezos, Amazon’s chairman and its outgoing CEO, said at the company’s annual meeting last week. “MGM has a vast and deep catalog of much beloved intellectual property, and...we can reimagine and develop that IP for the 21st century.”</p><p><blockquote>“亚马逊董事长兼即将离任的首席执行官杰夫·贝索斯在上周的公司年会上说：”此次收购的论点非常简单。“米高梅拥有大量深受喜爱的知识产权，而且......我们可以为 21 世纪重新构想和开发这些知识产权”。</blockquote></p><p>MGM hasn’t had the resources to do that on its own—the company has spent just $6 billion on new and acquired content since 2011, an almost trivial amount in the new world of streaming. Amazon spent $11 billion on movie, TV, and music content in 2020, up from $7.8 billion in 2019—and the total keeps growing, including a new 10-year deal to air<i>Thursday Night Football</i>for a reported $1 billion annually. Netflix expects to spend $17 billion on content this year alone. Disney says its content spending will reach $16 billion annually by 2024. Discovery and AT&amp;T’s WarnerMedia expect to spend $20 billion a year on content once their merger closes.</p><p><blockquote>米高梅公司没有足够的资源独自完成这项工作--自 2011 年以来，该公司在新内容和收购内容上的支出仅为 60 亿美元，这在流媒体的新世界里几乎是微不足道的。亚马逊 2020 年在电影、电视和音乐内容上的支出为 110 亿美元，高于 2019 年的 78 亿美元，而且总额还在持续增长，其中包括一项新的 10 年播出协议<i>周四晚上足球赛</i>据报道每年10亿美元。Netflix 预计仅今年一年就将在内容上花费 170 亿美元。迪士尼表示，到 2024 年，其内容支出每年将达到 160 亿美元。Discovery 和 AT&amp;T 旗下华纳媒体预计，一旦合并完成，每年将在内容上花费 200 亿美元。</blockquote></p><p>Ultimately, Amazon will have more than one way to squeeze value out of MGM. More content should boost the appeal of Amazon Prime Video, which could reduce churn for Amazon Prime customers, and, thus, spur more online shopping.</p><p><blockquote>最终，亚马逊将有不止一种方式从米高梅榨取价值。更多的内容应该会提高亚马逊Prime Video的吸引力，这可以减少亚马逊Prime客户的流失，从而刺激更多的在线购物。</blockquote></p><p>Amazon also operates an advertising-supported on-demand video service called IMDB.TV, which needs catalog content to survive. And then there’s Amazon Fire, the streaming video platform that competes with&nbsp;Roku(ROKU); it could fill multiple new streaming channels with MGM content. One could imagine Amazon creatively mining its new trove to create not just new movies, but also television series, games, and podcasts, while loading up IMDB.TV with deep catalog content, such as<i>Tank Girl</i>,<i>Rollerball</i>, and<i>Bio-Dome</i>.</p><p><blockquote>亚马逊还运营着一项名为IMDB.TV的广告支持的视频点播服务，该服务需要目录内容才能生存。还有与Roku（Roku）竞争的流媒体视频平台 Amazon Fire；它可以用米高梅的内容填充多个新的流媒体频道。人们可以想象亚马逊创造性地挖掘它的新宝库，不仅制作新电影，还制作电视剧、游戏和播客，同时在IMDB.TV上加载深度目录内容，例如<i>坦克女孩</i>,<i>滚轴球</i>，和<i>生物穹顶</i>.</blockquote></p><p></p><p>Lightshed Partners analyst Rich Greenfield told me this past week that there is “a war for time and attention...and MGM owns a lot of IP.” Greenfield says that Amazon has spent a lot of money on movies and television content in recent years without a lot to show for it in terms of “high-profile, visible hits.” The additional properties from MGM, he says, gives the company more opportunities to improve its streaming performance.</p><p><blockquote>Lightshed Partners 分析师里奇-格林菲尔德（Rich Greenfield）上周告诉我，“这是一场争夺时间和注意力的战争......而米高梅拥有大量知识产权”。格林菲尔德说，亚马逊近年来在电影和电视内容上投入了大量资金，但在 “引人注目、引人注目的热门影片 ”方面却没有太多表现。他说，米高梅的额外资产为该公司提供了更多机会来提高其流媒体性能。</blockquote></p><p>Netflix might have&nbsp;<i>The Queen’s Gambit</i>&nbsp;but just imagine what James Bond could do with a chess board.</p><p><blockquote>Netflix 可能有<i>女王的策略</i>但是想象一下詹姆斯·邦德能用棋盘做什么。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/amazon-mgm-streaming-51622241583?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGM":"美高梅","AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-mgm-streaming-51622241583?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170057746","content_text":"On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s a big acquisition—Amazon’s second-largest ever, behind only its $13.4 billion purchase of Whole Foods in 2017. But MGM doesn’t own an especially compelling set of assets. So why is Amazon paying up?For one thing, the e-commerce giant (ticker: AMZN) can afford it. With a market value of $1.6 trillion, $9 billion is a drop in the bucket.MGM brings a library of 4,000 films and 17,000 TV episodes. The biggest prize is the complete collection of James Bond films—and the right to make more of them. Amazon also gets second-tier franchises, including the Pink Panther, Rocky, RoboCop, Legally Blonde, Tomb Raider, andThe Addams Family.MGM’s TV production arm produces scripted series, such asThe Handmaid’s TaleandFargo, and unscripted shows, such asShark TankandThe Voice. MGM also runs the Epix subscription movie service. As Bernstein analyst Mark Shmulik wrote in a research note this past week, MGM’s library is hardly a game changer. “What would you pay for an MGM+ subscription?” he asks. “Probably not a lot.”The library was long ago stripped of its most iconic films. In 1986, Ted Turner bought MGM and quickly sold the studio, while keeping the rights to many of its historic movies. Those flicks are now controlled by Turner Classic Movies, part of AT&T’s(T) WarnerMedia. So Amazon won’t get The Wizard of Oz, or Gone With The Wind, or Singin’ in the Rain. (You can watch any of those on HBO Max right now.)And yet, there are merits to this deal. It locks up access to some old but familiar content at a time when that’s getting harder to do.Walt Disney(DIS),Comcast’s(CMCSA) NBCUniversal,ViacomCBS(VIAC) and WarnerMedia have all created their own streaming platforms. Over time, they’ll keep their libraries in-house, limiting the content choices for Amazon’s platform.But now Amazon can play the same game. As Citigroup analyst Jason Bazinet pointed out in a research note last week, MGM produces seven shows for Disney, four for Comcast, four combined for WarnerMedia andDiscovery(DISCA), three for ViacomCBS, and one or two each forNetflix(NFLX),AMC Networks(AMCX), and Fox. Those include some popular shows that could eventually show up on Amazon Prime, including ABC’sShark Tank, NBC’sThe Voice, CBS’sSurvivor, and AMC’sReal Housewives.MGM has been generating about $1.5 billion in annual revenue, but much of that will disappear as licenses expire and Amazon shifts the content to its own platform. For Amazon, the point is to find ways to mine MGM’s library for new content. Maybe the world needs a Mystic Pizzaremake, or a Hot Tub Time Machines equel, or another Weekend at Bernie’s.“The acquisition’s thesis here is really very simple,” Jeff Bezos, Amazon’s chairman and its outgoing CEO, said at the company’s annual meeting last week. “MGM has a vast and deep catalog of much beloved intellectual property, and...we can reimagine and develop that IP for the 21st century.”MGM hasn’t had the resources to do that on its own—the company has spent just $6 billion on new and acquired content since 2011, an almost trivial amount in the new world of streaming. Amazon spent $11 billion on movie, TV, and music content in 2020, up from $7.8 billion in 2019—and the total keeps growing, including a new 10-year deal to airThursday Night Footballfor a reported $1 billion annually. Netflix expects to spend $17 billion on content this year alone. Disney says its content spending will reach $16 billion annually by 2024. Discovery and AT&T’s WarnerMedia expect to spend $20 billion a year on content once their merger closes.Ultimately, Amazon will have more than one way to squeeze value out of MGM. More content should boost the appeal of Amazon Prime Video, which could reduce churn for Amazon Prime customers, and, thus, spur more online shopping.Amazon also operates an advertising-supported on-demand video service called IMDB.TV, which needs catalog content to survive. And then there’s Amazon Fire, the streaming video platform that competes with Roku(ROKU); it could fill multiple new streaming channels with MGM content. One could imagine Amazon creatively mining its new trove to create not just new movies, but also television series, games, and podcasts, while loading up IMDB.TV with deep catalog content, such asTank Girl,Rollerball, andBio-Dome.Lightshed Partners analyst Rich Greenfield told me this past week that there is “a war for time and attention...and MGM owns a lot of IP.” Greenfield says that Amazon has spent a lot of money on movies and television content in recent years without a lot to show for it in terms of “high-profile, visible hits.” The additional properties from MGM, he says, gives the company more opportunities to improve its streaming performance.Netflix might have The Queen’s Gambit but just imagine what James Bond could do with a chess board.","news_type":1,"symbols_score_info":{"MGM":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":898,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119682258,"gmtCreate":1622542322474,"gmtModify":1631893867562,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Noce","listText":"Noce","text":"Noce","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/119682258","repostId":"1170057746","repostType":4,"repost":{"id":"1170057746","kind":"news","pubTimestamp":1622541141,"share":"https://www.laohunote.com/m/news/1170057746?lang=zh_CN&edition=full","pubTime":"2021-06-01 17:52","market":"us","language":"en","title":"Amazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170057746","media":"Barrons","summary":"On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s","content":"<p>On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s a big acquisition—Amazon’s second-largest ever, behind only its $13.4 billion purchase of Whole Foods in 2017. But MGM doesn’t own an especially compelling set of assets. So why is Amazon paying up?</p><p><blockquote>从表面上看，亚马逊斥资 85 亿美元收购米高梅控股公司令人费解。从绝对值来看，这是一次大收购--亚马逊有史以来第二大收购，仅次于 2017 年以 134 亿美元收购全食超市。但米高梅并没有特别引人注目的资产。那么亚马逊为什么要付钱呢？</blockquote></p><p>For one thing, the e-commerce giant (ticker: AMZN) can afford it. With a market value of $1.6 trillion, $9 billion is a drop in the bucket.</p><p><blockquote>首先，这家电子商务巨头（股票代码：AMZN）买得起。市值1.6万亿美元，90亿美元只是杯水车薪。</blockquote></p><p>MGM brings a library of 4,000 films and 17,000 TV episodes. The biggest prize is the complete collection of James Bond films—and the right to make more of them. Amazon also gets second-tier franchises, including the&nbsp;<i>Pink Panther, Rocky, RoboCop, Legally Blonde, Tomb Raider</i>, and<i>The Addams Family.</i>MGM’s TV production arm produces scripted series, such as<i>The Handmaid’s Tale</i>and<i>Fargo</i>, and unscripted shows, such as<i>Shark Tank</i>and<i>The Voice</i>. MGM also runs the Epix subscription movie service. As Bernstein analyst Mark Shmulik wrote in a research note this past week, MGM’s library is hardly a game changer. “What would you pay for an MGM+ subscription?” he asks. “Probably not a lot.”</p><p><blockquote>米高梅带来了4000部电影和17000集电视剧的资料库。最大的奖品是詹姆斯·邦德电影的全集，以及制作更多电影的权利。亚马逊还获得了二线特许经营权，包括<i>粉红豹、洛基、机械战警、律政俏佳人、古墓丽影</i>，和<i>亚当斯一家。</i>米高梅的电视制作部门制作剧本剧集，例如<i>女仆的故事</i>和<i>法戈</i>和无脚本节目，例如<i>鲨鱼池</i>和<i>声音</i>米高梅还经营Epix订阅电影服务。正如伯恩斯坦分析师马克-什穆利克（Mark Shmulik）上周在一份研究报告中所写的那样，米高梅的图书馆很难改变游戏规则。“您愿意为订阅 MGM+ 支付多少费用？”他问。“可能不多。”</blockquote></p><p>The library was long ago stripped of its most iconic films. In 1986, Ted Turner bought MGM and quickly sold the studio, while keeping the rights to many of its historic movies. Those flicks are now controlled by Turner Classic Movies, part of&nbsp;AT&amp;T’s(T) WarnerMedia. So Amazon won’t get&nbsp;<i>The Wizard of Oz</i>, or&nbsp;<i>Gone With The Wind</i>, or&nbsp;<i>Singin’ in the Rain</i>. (You can watch any of those on HBO Max right now.)</p><p><blockquote>图书馆很久以前就被剥夺了最具标志性的电影。1986年，特德·特纳收购了米高梅，并很快出售了工作室，同时保留了许多历史电影的版权。这些电影现在由 AT&amp;T(T) WarnerMedia 旗下的 Turner Classic Movies 控制。所以亚马逊不会得到<i>绿野仙踪</i>, 或<i>乱世佳人</i>, 或<i>雨中歌唱</i>（您现在就可以在 HBO Max 上观看这些节目。）</blockquote></p><p>And yet, there are merits to this deal. It locks up access to some old but familiar content at a time when that’s getting harder to do.Walt Disney(DIS),Comcast’s(CMCSA) NBCUniversal,ViacomCBS(VIAC) and WarnerMedia have all created their own streaming platforms. Over time, they’ll keep their libraries in-house, limiting the content choices for Amazon’s platform.</p><p><blockquote>然而，这笔交易也有其优点。华特-迪士尼（DIS）、康卡斯特（CMCSA）、NBC环球、维亚康姆CBS（VIAC）和华纳媒体都创建了自己的流媒体平台。随着时间的推移，他们将把库保留在内部，从而限制亚马逊平台的内容选择。</blockquote></p><p>But now Amazon can play the same game. As Citigroup analyst Jason Bazinet pointed out in a research note last week, MGM produces seven shows for Disney, four for Comcast, four combined for WarnerMedia andDiscovery(DISCA), three for ViacomCBS, and one or two each forNetflix(NFLX),AMC Networks(AMCX), and Fox. Those include some popular shows that could eventually show up on Amazon Prime, including ABC’s<i>Shark Tank</i>, NBC’s<i>The Voice</i>, CBS’s<i>Survivor</i>, and AMC’s<i>Real Housewives</i>.</p><p><blockquote>但现在亚马逊也可以玩同样的游戏了。正如花旗集团分析师杰森·巴齐内特 (Jason Bazinet) 上周在一份研究报告中指出的那样，米高梅为迪士尼制作了七部节目，为康卡斯特制作了四部，为华纳媒体和探索频道 (DISCA) 制作了四部，为维亚康姆哥伦比亚广播公司制作了三部，为 Netflix (NFLX)、AMC Networks (AMCX) 和福克斯各制作了一到两部。其中包括一些最终可能出现在亚马逊 Prime 上的热门节目，包括美国广播公司的<i>鲨鱼池</i>, NBC<i>声音</i>哥伦比亚广播公司<i>幸存者</i>以及AMC的<i>真正的主妇</i>.</blockquote></p><p>MGM has been generating about $1.5 billion in annual revenue, but much of that will disappear as licenses expire and Amazon shifts the content to its own platform. For Amazon, the point is to find ways to mine MGM’s library for new content. Maybe the world needs a&nbsp;<i>Mystic Pizza</i>remake, or a&nbsp;<i>Hot Tub Time Machine</i>s&nbsp;equel, or another&nbsp;<i>Weekend at Bernie’s</i>.</p><p><blockquote>米高梅的年收入约为 15 亿美元，但随着许可证到期以及亚马逊将内容转移到自己的平台上，其中大部分收入将消失。对亚马逊来说，关键在于找到挖掘米高梅图书馆新内容的方法。也许这个世界需要一个<i>神秘披萨</i>翻拍，或<i>热水浴缸时间机器</i>续集，或其他<i>伯尼餐厅的周末</i>.</blockquote></p><p>“The acquisition’s thesis here is really very simple,” Jeff Bezos, Amazon’s chairman and its outgoing CEO, said at the company’s annual meeting last week. “MGM has a vast and deep catalog of much beloved intellectual property, and...we can reimagine and develop that IP for the 21st century.”</p><p><blockquote>“亚马逊董事长兼即将离任的首席执行官杰夫·贝索斯在上周的公司年会上说：”此次收购的论点非常简单。“米高梅拥有大量深受喜爱的知识产权，而且......我们可以为 21 世纪重新构想和开发这些知识产权”。</blockquote></p><p>MGM hasn’t had the resources to do that on its own—the company has spent just $6 billion on new and acquired content since 2011, an almost trivial amount in the new world of streaming. Amazon spent $11 billion on movie, TV, and music content in 2020, up from $7.8 billion in 2019—and the total keeps growing, including a new 10-year deal to air<i>Thursday Night Football</i>for a reported $1 billion annually. Netflix expects to spend $17 billion on content this year alone. Disney says its content spending will reach $16 billion annually by 2024. Discovery and AT&amp;T’s WarnerMedia expect to spend $20 billion a year on content once their merger closes.</p><p><blockquote>米高梅公司没有足够的资源独自完成这项工作--自 2011 年以来，该公司在新内容和收购内容上的支出仅为 60 亿美元，这在流媒体的新世界里几乎是微不足道的。亚马逊 2020 年在电影、电视和音乐内容上的支出为 110 亿美元，高于 2019 年的 78 亿美元，而且总额还在持续增长，其中包括一项新的 10 年播出协议<i>周四晚上足球赛</i>据报道每年10亿美元。Netflix 预计仅今年一年就将在内容上花费 170 亿美元。迪士尼表示，到 2024 年，其内容支出每年将达到 160 亿美元。Discovery 和 AT&amp;T 旗下华纳媒体预计，一旦合并完成，每年将在内容上花费 200 亿美元。</blockquote></p><p>Ultimately, Amazon will have more than one way to squeeze value out of MGM. More content should boost the appeal of Amazon Prime Video, which could reduce churn for Amazon Prime customers, and, thus, spur more online shopping.</p><p><blockquote>最终，亚马逊将有不止一种方式从米高梅榨取价值。更多的内容应该会提高亚马逊Prime Video的吸引力，这可以减少亚马逊Prime客户的流失，从而刺激更多的在线购物。</blockquote></p><p>Amazon also operates an advertising-supported on-demand video service called IMDB.TV, which needs catalog content to survive. And then there’s Amazon Fire, the streaming video platform that competes with&nbsp;Roku(ROKU); it could fill multiple new streaming channels with MGM content. One could imagine Amazon creatively mining its new trove to create not just new movies, but also television series, games, and podcasts, while loading up IMDB.TV with deep catalog content, such as<i>Tank Girl</i>,<i>Rollerball</i>, and<i>Bio-Dome</i>.</p><p><blockquote>亚马逊还运营着一项名为IMDB.TV的广告支持的视频点播服务，该服务需要目录内容才能生存。还有与Roku（Roku）竞争的流媒体视频平台 Amazon Fire；它可以用米高梅的内容填充多个新的流媒体频道。人们可以想象亚马逊创造性地挖掘它的新宝库，不仅制作新电影，还制作电视剧、游戏和播客，同时在IMDB.TV上加载深度目录内容，例如<i>坦克女孩</i>,<i>滚轴球</i>，和<i>生物穹顶</i>.</blockquote></p><p></p><p>Lightshed Partners analyst Rich Greenfield told me this past week that there is “a war for time and attention...and MGM owns a lot of IP.” Greenfield says that Amazon has spent a lot of money on movies and television content in recent years without a lot to show for it in terms of “high-profile, visible hits.” The additional properties from MGM, he says, gives the company more opportunities to improve its streaming performance.</p><p><blockquote>Lightshed Partners 分析师里奇-格林菲尔德（Rich Greenfield）上周告诉我，“这是一场争夺时间和注意力的战争......而米高梅拥有大量知识产权”。格林菲尔德说，亚马逊近年来在电影和电视内容上投入了大量资金，但在 “引人注目、引人注目的热门影片 ”方面却没有太多表现。他说，米高梅的额外资产为该公司提供了更多机会来提高其流媒体性能。</blockquote></p><p>Netflix might have&nbsp;<i>The Queen’s Gambit</i>&nbsp;but just imagine what James Bond could do with a chess board.</p><p><blockquote>Netflix 可能有<i>女王的策略</i>但是想象一下詹姆斯·邦德能用棋盘做什么。</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>Amazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Lost the Early Streaming Battle. It Still Wants to Win the War.<blockquote>亚马逊输掉了早期的流媒体大战。它仍然想赢得战争。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-01 17:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s a big acquisition—Amazon’s second-largest ever, behind only its $13.4 billion purchase of Whole Foods in 2017. But MGM doesn’t own an especially compelling set of assets. So why is Amazon paying up?</p><p><blockquote>从表面上看，亚马逊斥资 85 亿美元收购米高梅控股公司令人费解。从绝对值来看，这是一次大收购--亚马逊有史以来第二大收购，仅次于 2017 年以 134 亿美元收购全食超市。但米高梅并没有特别引人注目的资产。那么亚马逊为什么要付钱呢？</blockquote></p><p>For one thing, the e-commerce giant (ticker: AMZN) can afford it. With a market value of $1.6 trillion, $9 billion is a drop in the bucket.</p><p><blockquote>首先，这家电子商务巨头（股票代码：AMZN）买得起。市值1.6万亿美元，90亿美元只是杯水车薪。</blockquote></p><p>MGM brings a library of 4,000 films and 17,000 TV episodes. The biggest prize is the complete collection of James Bond films—and the right to make more of them. Amazon also gets second-tier franchises, including the&nbsp;<i>Pink Panther, Rocky, RoboCop, Legally Blonde, Tomb Raider</i>, and<i>The Addams Family.</i>MGM’s TV production arm produces scripted series, such as<i>The Handmaid’s Tale</i>and<i>Fargo</i>, and unscripted shows, such as<i>Shark Tank</i>and<i>The Voice</i>. MGM also runs the Epix subscription movie service. As Bernstein analyst Mark Shmulik wrote in a research note this past week, MGM’s library is hardly a game changer. “What would you pay for an MGM+ subscription?” he asks. “Probably not a lot.”</p><p><blockquote>米高梅带来了4000部电影和17000集电视剧的资料库。最大的奖品是詹姆斯·邦德电影的全集，以及制作更多电影的权利。亚马逊还获得了二线特许经营权，包括<i>粉红豹、洛基、机械战警、律政俏佳人、古墓丽影</i>，和<i>亚当斯一家。</i>米高梅的电视制作部门制作剧本剧集，例如<i>女仆的故事</i>和<i>法戈</i>和无脚本节目，例如<i>鲨鱼池</i>和<i>声音</i>米高梅还经营Epix订阅电影服务。正如伯恩斯坦分析师马克-什穆利克（Mark Shmulik）上周在一份研究报告中所写的那样，米高梅的图书馆很难改变游戏规则。“您愿意为订阅 MGM+ 支付多少费用？”他问。“可能不多。”</blockquote></p><p>The library was long ago stripped of its most iconic films. In 1986, Ted Turner bought MGM and quickly sold the studio, while keeping the rights to many of its historic movies. Those flicks are now controlled by Turner Classic Movies, part of&nbsp;AT&amp;T’s(T) WarnerMedia. So Amazon won’t get&nbsp;<i>The Wizard of Oz</i>, or&nbsp;<i>Gone With The Wind</i>, or&nbsp;<i>Singin’ in the Rain</i>. (You can watch any of those on HBO Max right now.)</p><p><blockquote>图书馆很久以前就被剥夺了最具标志性的电影。1986年，特德·特纳收购了米高梅，并很快出售了工作室，同时保留了许多历史电影的版权。这些电影现在由 AT&amp;T(T) WarnerMedia 旗下的 Turner Classic Movies 控制。所以亚马逊不会得到<i>绿野仙踪</i>, 或<i>乱世佳人</i>, 或<i>雨中歌唱</i>（您现在就可以在 HBO Max 上观看这些节目。）</blockquote></p><p>And yet, there are merits to this deal. It locks up access to some old but familiar content at a time when that’s getting harder to do.Walt Disney(DIS),Comcast’s(CMCSA) NBCUniversal,ViacomCBS(VIAC) and WarnerMedia have all created their own streaming platforms. Over time, they’ll keep their libraries in-house, limiting the content choices for Amazon’s platform.</p><p><blockquote>然而，这笔交易也有其优点。华特-迪士尼（DIS）、康卡斯特（CMCSA）、NBC环球、维亚康姆CBS（VIAC）和华纳媒体都创建了自己的流媒体平台。随着时间的推移，他们将把库保留在内部，从而限制亚马逊平台的内容选择。</blockquote></p><p>But now Amazon can play the same game. As Citigroup analyst Jason Bazinet pointed out in a research note last week, MGM produces seven shows for Disney, four for Comcast, four combined for WarnerMedia andDiscovery(DISCA), three for ViacomCBS, and one or two each forNetflix(NFLX),AMC Networks(AMCX), and Fox. Those include some popular shows that could eventually show up on Amazon Prime, including ABC’s<i>Shark Tank</i>, NBC’s<i>The Voice</i>, CBS’s<i>Survivor</i>, and AMC’s<i>Real Housewives</i>.</p><p><blockquote>但现在亚马逊也可以玩同样的游戏了。正如花旗集团分析师杰森·巴齐内特 (Jason Bazinet) 上周在一份研究报告中指出的那样，米高梅为迪士尼制作了七部节目，为康卡斯特制作了四部，为华纳媒体和探索频道 (DISCA) 制作了四部，为维亚康姆哥伦比亚广播公司制作了三部，为 Netflix (NFLX)、AMC Networks (AMCX) 和福克斯各制作了一到两部。其中包括一些最终可能出现在亚马逊 Prime 上的热门节目，包括美国广播公司的<i>鲨鱼池</i>, NBC<i>声音</i>哥伦比亚广播公司<i>幸存者</i>以及AMC的<i>真正的主妇</i>.</blockquote></p><p>MGM has been generating about $1.5 billion in annual revenue, but much of that will disappear as licenses expire and Amazon shifts the content to its own platform. For Amazon, the point is to find ways to mine MGM’s library for new content. Maybe the world needs a&nbsp;<i>Mystic Pizza</i>remake, or a&nbsp;<i>Hot Tub Time Machine</i>s&nbsp;equel, or another&nbsp;<i>Weekend at Bernie’s</i>.</p><p><blockquote>米高梅的年收入约为 15 亿美元，但随着许可证到期以及亚马逊将内容转移到自己的平台上，其中大部分收入将消失。对亚马逊来说，关键在于找到挖掘米高梅图书馆新内容的方法。也许这个世界需要一个<i>神秘披萨</i>翻拍，或<i>热水浴缸时间机器</i>续集，或其他<i>伯尼餐厅的周末</i>.</blockquote></p><p>“The acquisition’s thesis here is really very simple,” Jeff Bezos, Amazon’s chairman and its outgoing CEO, said at the company’s annual meeting last week. “MGM has a vast and deep catalog of much beloved intellectual property, and...we can reimagine and develop that IP for the 21st century.”</p><p><blockquote>“亚马逊董事长兼即将离任的首席执行官杰夫·贝索斯在上周的公司年会上说：”此次收购的论点非常简单。“米高梅拥有大量深受喜爱的知识产权，而且......我们可以为 21 世纪重新构想和开发这些知识产权”。</blockquote></p><p>MGM hasn’t had the resources to do that on its own—the company has spent just $6 billion on new and acquired content since 2011, an almost trivial amount in the new world of streaming. Amazon spent $11 billion on movie, TV, and music content in 2020, up from $7.8 billion in 2019—and the total keeps growing, including a new 10-year deal to air<i>Thursday Night Football</i>for a reported $1 billion annually. Netflix expects to spend $17 billion on content this year alone. Disney says its content spending will reach $16 billion annually by 2024. Discovery and AT&amp;T’s WarnerMedia expect to spend $20 billion a year on content once their merger closes.</p><p><blockquote>米高梅公司没有足够的资源独自完成这项工作--自 2011 年以来，该公司在新内容和收购内容上的支出仅为 60 亿美元，这在流媒体的新世界里几乎是微不足道的。亚马逊 2020 年在电影、电视和音乐内容上的支出为 110 亿美元，高于 2019 年的 78 亿美元，而且总额还在持续增长，其中包括一项新的 10 年播出协议<i>周四晚上足球赛</i>据报道每年10亿美元。Netflix 预计仅今年一年就将在内容上花费 170 亿美元。迪士尼表示，到 2024 年，其内容支出每年将达到 160 亿美元。Discovery 和 AT&amp;T 旗下华纳媒体预计，一旦合并完成，每年将在内容上花费 200 亿美元。</blockquote></p><p>Ultimately, Amazon will have more than one way to squeeze value out of MGM. More content should boost the appeal of Amazon Prime Video, which could reduce churn for Amazon Prime customers, and, thus, spur more online shopping.</p><p><blockquote>最终，亚马逊将有不止一种方式从米高梅榨取价值。更多的内容应该会提高亚马逊Prime Video的吸引力，这可以减少亚马逊Prime客户的流失，从而刺激更多的在线购物。</blockquote></p><p>Amazon also operates an advertising-supported on-demand video service called IMDB.TV, which needs catalog content to survive. And then there’s Amazon Fire, the streaming video platform that competes with&nbsp;Roku(ROKU); it could fill multiple new streaming channels with MGM content. One could imagine Amazon creatively mining its new trove to create not just new movies, but also television series, games, and podcasts, while loading up IMDB.TV with deep catalog content, such as<i>Tank Girl</i>,<i>Rollerball</i>, and<i>Bio-Dome</i>.</p><p><blockquote>亚马逊还运营着一项名为IMDB.TV的广告支持的视频点播服务，该服务需要目录内容才能生存。还有与Roku（Roku）竞争的流媒体视频平台 Amazon Fire；它可以用米高梅的内容填充多个新的流媒体频道。人们可以想象亚马逊创造性地挖掘它的新宝库，不仅制作新电影，还制作电视剧、游戏和播客，同时在IMDB.TV上加载深度目录内容，例如<i>坦克女孩</i>,<i>滚轴球</i>，和<i>生物穹顶</i>.</blockquote></p><p></p><p>Lightshed Partners analyst Rich Greenfield told me this past week that there is “a war for time and attention...and MGM owns a lot of IP.” Greenfield says that Amazon has spent a lot of money on movies and television content in recent years without a lot to show for it in terms of “high-profile, visible hits.” The additional properties from MGM, he says, gives the company more opportunities to improve its streaming performance.</p><p><blockquote>Lightshed Partners 分析师里奇-格林菲尔德（Rich Greenfield）上周告诉我，“这是一场争夺时间和注意力的战争......而米高梅拥有大量知识产权”。格林菲尔德说，亚马逊近年来在电影和电视内容上投入了大量资金，但在 “引人注目、引人注目的热门影片 ”方面却没有太多表现。他说，米高梅的额外资产为该公司提供了更多机会来提高其流媒体性能。</blockquote></p><p>Netflix might have&nbsp;<i>The Queen’s Gambit</i>&nbsp;but just imagine what James Bond could do with a chess board.</p><p><blockquote>Netflix 可能有<i>女王的策略</i>但是想象一下詹姆斯·邦德能用棋盘做什么。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/amazon-mgm-streaming-51622241583?mod=hp_DAY_Theme_2_1\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGM":"美高梅","AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-mgm-streaming-51622241583?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170057746","content_text":"On the surface, Amazon.com’s $8.5 billion deal for MGM Holdings is puzzling. In absolute terms, it’s a big acquisition—Amazon’s second-largest ever, behind only its $13.4 billion purchase of Whole Foods in 2017. But MGM doesn’t own an especially compelling set of assets. So why is Amazon paying up?For one thing, the e-commerce giant (ticker: AMZN) can afford it. With a market value of $1.6 trillion, $9 billion is a drop in the bucket.MGM brings a library of 4,000 films and 17,000 TV episodes. The biggest prize is the complete collection of James Bond films—and the right to make more of them. Amazon also gets second-tier franchises, including the Pink Panther, Rocky, RoboCop, Legally Blonde, Tomb Raider, andThe Addams Family.MGM’s TV production arm produces scripted series, such asThe Handmaid’s TaleandFargo, and unscripted shows, such asShark TankandThe Voice. MGM also runs the Epix subscription movie service. As Bernstein analyst Mark Shmulik wrote in a research note this past week, MGM’s library is hardly a game changer. “What would you pay for an MGM+ subscription?” he asks. “Probably not a lot.”The library was long ago stripped of its most iconic films. In 1986, Ted Turner bought MGM and quickly sold the studio, while keeping the rights to many of its historic movies. Those flicks are now controlled by Turner Classic Movies, part of AT&T’s(T) WarnerMedia. So Amazon won’t get The Wizard of Oz, or Gone With The Wind, or Singin’ in the Rain. (You can watch any of those on HBO Max right now.)And yet, there are merits to this deal. It locks up access to some old but familiar content at a time when that’s getting harder to do.Walt Disney(DIS),Comcast’s(CMCSA) NBCUniversal,ViacomCBS(VIAC) and WarnerMedia have all created their own streaming platforms. Over time, they’ll keep their libraries in-house, limiting the content choices for Amazon’s platform.But now Amazon can play the same game. As Citigroup analyst Jason Bazinet pointed out in a research note last week, MGM produces seven shows for Disney, four for Comcast, four combined for WarnerMedia andDiscovery(DISCA), three for ViacomCBS, and one or two each forNetflix(NFLX),AMC Networks(AMCX), and Fox. Those include some popular shows that could eventually show up on Amazon Prime, including ABC’sShark Tank, NBC’sThe Voice, CBS’sSurvivor, and AMC’sReal Housewives.MGM has been generating about $1.5 billion in annual revenue, but much of that will disappear as licenses expire and Amazon shifts the content to its own platform. For Amazon, the point is to find ways to mine MGM’s library for new content. Maybe the world needs a Mystic Pizzaremake, or a Hot Tub Time Machines equel, or another Weekend at Bernie’s.“The acquisition’s thesis here is really very simple,” Jeff Bezos, Amazon’s chairman and its outgoing CEO, said at the company’s annual meeting last week. “MGM has a vast and deep catalog of much beloved intellectual property, and...we can reimagine and develop that IP for the 21st century.”MGM hasn’t had the resources to do that on its own—the company has spent just $6 billion on new and acquired content since 2011, an almost trivial amount in the new world of streaming. Amazon spent $11 billion on movie, TV, and music content in 2020, up from $7.8 billion in 2019—and the total keeps growing, including a new 10-year deal to airThursday Night Footballfor a reported $1 billion annually. Netflix expects to spend $17 billion on content this year alone. Disney says its content spending will reach $16 billion annually by 2024. Discovery and AT&T’s WarnerMedia expect to spend $20 billion a year on content once their merger closes.Ultimately, Amazon will have more than one way to squeeze value out of MGM. More content should boost the appeal of Amazon Prime Video, which could reduce churn for Amazon Prime customers, and, thus, spur more online shopping.Amazon also operates an advertising-supported on-demand video service called IMDB.TV, which needs catalog content to survive. And then there’s Amazon Fire, the streaming video platform that competes with Roku(ROKU); it could fill multiple new streaming channels with MGM content. One could imagine Amazon creatively mining its new trove to create not just new movies, but also television series, games, and podcasts, while loading up IMDB.TV with deep catalog content, such asTank Girl,Rollerball, andBio-Dome.Lightshed Partners analyst Rich Greenfield told me this past week that there is “a war for time and attention...and MGM owns a lot of IP.” Greenfield says that Amazon has spent a lot of money on movies and television content in recent years without a lot to show for it in terms of “high-profile, visible hits.” The additional properties from MGM, he says, gives the company more opportunities to improve its streaming performance.Netflix might have The Queen’s Gambit but just imagine what James Bond could do with a chess board.","news_type":1,"symbols_score_info":{"MGM":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119682013,"gmtCreate":1622542279432,"gmtModify":1631893867563,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/119682013","repostId":"2139480306","repostType":4,"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":138595008,"gmtCreate":1621948429804,"gmtModify":1631893867572,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Tesla&nbsp;","listText":"Tesla&nbsp;","text":"Tesla","images":[{"img":"https://static.tigerbbs.com/3bf66b3b66fe0b03d07282ddf9725eab","width":"1125","height":"3657"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":2,"link":"https://laohu8.com/post/138595008","isVote":1,"tweetType":1,"viewCount":1075,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":192124368,"gmtCreate":1621166320654,"gmtModify":1634193636278,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/192124368","repostId":"1173244066","repostType":4,"repost":{"id":"1173244066","kind":"news","pubTimestamp":1621004086,"share":"https://www.laohunote.com/m/news/1173244066?lang=zh_CN&edition=full","pubTime":"2021-05-14 22:54","market":"us","language":"en","title":"What Disney, Airbnb and DoorDash results reveal about the post-pandemic economy<blockquote>迪士尼、爱彼迎和 DoorDash 的业绩揭示了大流行后的经济</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173244066","media":"CNN","summary":"London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver ","content":"<p>London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.</p><p><blockquote>伦敦（CNN Business）公司正在为一个时代做准备，在这个时代，Covid-19 不再是人们花钱的主要驱动力。</blockquote></p><p> The big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?</p><p><blockquote>最大的问题是：随着冠状病毒情况在美国等国家的改善，过去14个月的哪些趋势将具有持久力，哪些将屈服于疫情的过去？</blockquote></p><p> Airbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.</p><p><blockquote>爱彼迎、DoorDash 和迪士尼 (DIS) 在美国市场周四收盘后公布了业绩，提供了一些思路。</blockquote></p><p> Airbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.</p><p><blockquote>爱彼迎：该公司表示，随着疫苗变得更加广泛，人们对旅行的兴趣再次激增，这表明在英国首相鲍里斯·约翰逊 (Boris Johnson) 2 月份宣布逐步解除封锁的计划后，英国的预订量立即大幅增加。对于60岁及以上的美国客户来说，2月至3月期间，爱彼迎上夏季旅游的搜索量增长了60%以上。</blockquote></p><p> The company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.</p><p><blockquote>该公司还准备让更多的客户使用爱彼迎进行长期停留，因为他们利用了对远程工作的更大接受度。该公司表示，上季度近四分之一的住宿时间为 28 天或以上，比 2019 年增长了 14%。股价在盘前交易中小幅下跌。</blockquote></p><p> DoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.</p><p><blockquote>DoorDash：尽管餐馆重新开放传统餐饮，但人们仍然订购大量外卖。DoorDash 报告称，尽管面临工人短缺的问题，上季度收入仍增长了 198%，达到 11 亿美元，并上调了全年预期。</blockquote></p><p> \"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.</p><p><blockquote>该公司表示：“随着市场继续重新开放以及美国各地店内就餐的增加，对我们订单量的影响小于我们的预期，这促成了本季度的强劲业绩。”不过该公司警告称，这可能部分归因于刺激检查。股价在盘前交易中上涨近 9%。</blockquote></p><p> Disney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.</p><p><blockquote>迪士尼：流媒体带领迪士尼穿越了疫情，迪士尼+的订阅用户已超过1亿。然而，这位迪士尼媒体界最大的明星似乎没有那么耀眼，导致股价下跌 4%。</blockquote></p><p> The company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.</p><p><blockquote>该公司周四表示，Disney+ 目前拥有 1.036 亿用户，低于华尔街预期的 1.1 亿用户。这迫使投资者怀疑：这是因为人们正在接种疫苗并远离流媒体吗？Netflix 上季度还报告订阅增长缓慢。</blockquote></p><p> Down but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.</p><p><blockquote>下降但并未出局：迪士尼表示，尽管增长明显放缓，但仍有望实现其长期用户目标。它打赌，随着疫情的缓解，它将能够制作更多的电影和节目，帮助吸引新客户。</blockquote></p><p> Whether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.</p><p><blockquote>这是否正确将在未来几个月变得更加清晰，这将真正考验人们是否真的扔掉运动裤，走出家门，再次撼动经济。</blockquote></p><p> <b>It could get easier to get a credit card without a credit score</b></p><p><blockquote><b>无需信用评分即可获得信用卡可能会变得更容易</b></blockquote></p><p> For years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.</p><p><blockquote>多年来，如果你没有信用评分，就很难获得信用卡或某些类型的贷款。但美国一些最大银行的一项新计划可能会帮助没有传统信用记录的美国人获得批准。</blockquote></p><p> Ten banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.</p><p><blockquote>据《华尔街日报》报道，包括摩根大通 (JPM)、富国银行 (WFC) 和合众银行 (USB) 在内的十家银行已初步同意一项共享银行账户存款和账单支付活动等数据的计划，以帮助确定没有传统信用记录的借款人的资格。</blockquote></p><p> The push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.</p><p><blockquote>推动金融机构达成数据共享协议的动力来自货币监理署开展的一项计划。OCC已经确认有一个计划，但银行之间协议的细节仍需制定。</blockquote></p><p> Should the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.</p><p><blockquote>如果提议的安排获得通过，这将意味着，例如，如果您没有信用评分，但您在富国银行拥有银行账户，您可以使用该财务历史来帮助您获得另一家银行的信用卡，例如摩根大通。</blockquote></p><p> \"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.</p><p><blockquote>摩根大通发言人特里什·韦克斯勒 (Trish Wexler) 告诉 CNN 商业频道：“这将使数百万美国人有机会获得积累财富所必需的信贷——买房、创业或资助教育。”</blockquote></p><p> The backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.</p><p><blockquote>背景故事：根据 FICO 信用评分的创建者 Fair Isaac Corporation 的数据，目前有 5300 万人没有信用评分。这些低收入和有色人种的消费者面临着更高的借贷成本，因为他们被迫转向发薪日贷款等产品。</blockquote></p><p> Banks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.</p><p><blockquote>银行和贷方将那些没有信用记录的人称为“隐形信用”。这个群体可能包括年轻人或新移民，以及很长时间没有使用信贷或由于经济困难而失去使用信贷的人。</blockquote></p><p> The business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.</p><p><blockquote>商业角度：随着在线新贵根据需求抢购其产品，大银行可能也渴望修改其政策。</blockquote></p><p></p><p> \"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.</p><p><blockquote>LendingTree 首席行业分析师马特·舒尔茨 (Matt Schulz) 表示：“最大银行之间的一些合作可能是对小型银行和金融科技公司侵犯其领域的一种反应。”</blockquote></p><p> <b>Target will temporarily stop selling trading cards amid frenzy</b></p><p><blockquote><b>塔吉特将在狂热中暂时停止销售交易卡</b></blockquote></p><p> Target (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.</p><p><blockquote>塔吉特 (TGT) 宣布，在其一家门店发生暴力纠纷后，将停止在其商店销售交易卡——这表明收藏品市场已经变得多么过热。</blockquote></p><p> The details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.</p><p><blockquote>细节：上周，威斯康星州的一个目标在一名男子因体育交易卡被另外四人殴打后被锁定。</blockquote></p><p> \"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"</p><p><blockquote>塔吉特在一份声明中表示：“客人和团队的安全是我们的首要任务。”“出于谨慎，我们决定暂时停止在我们的商店内销售 MLB、NFL、NBA 和神奇宝贝交易卡，自 [周五] 起生效。”</blockquote></p><p> The cards will still be available online, the company said.</p><p><blockquote>该公司表示，这些卡仍将在网上提供。</blockquote></p><p> Remember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.</p><p><blockquote>请记住：在 Covid-19 大流行期间，最近几个月交易卡的价值飙升。这引起了业余和专业投资者的兴趣，他们希望从惊人的回报中获利。</blockquote></p><p> Target previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.</p><p><blockquote>据美国有线电视新闻网 (CNN) 附属机构 WISN 报道，塔吉特此前将卡购买限制为每天只能购买一件商品，称客人整夜排队购买热门商品。</blockquote></p><p> Walmart (WMT), for its part, said it will keep selling cards in stores for now.</p><p><blockquote>沃尔玛 (WMT) 则表示，目前将继续在商店销售贺卡。</blockquote></p><p> \"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.</p><p><blockquote>一位发言人在一份声明中表示：“我们正在确定需要做出哪些改变（如果有的话）来满足客户需求，同时确保安全愉快的购物体验。”</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> Data on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.</p><p><blockquote>美国零售销售、进出口价格和工业生产数据将于美国东部时间上午 8:30 公布。</blockquote></p><p> Coming next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.</p><p><blockquote>下周：随着房地产市场繁荣，家得宝 (HD) 和劳氏 (LOW) 公布收益。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Disney, Airbnb and DoorDash results reveal about the post-pandemic economy<blockquote>迪士尼、爱彼迎和 DoorDash 的业绩揭示了大流行后的经济</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-05-14 22:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.</p><p><blockquote>伦敦（CNN Business）公司正在为一个时代做准备，在这个时代，Covid-19 不再是人们花钱的主要驱动力。</blockquote></p><p> The big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?</p><p><blockquote>最大的问题是：随着冠状病毒情况在美国等国家的改善，过去14个月的哪些趋势将具有持久力，哪些将屈服于疫情的过去？</blockquote></p><p> Airbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.</p><p><blockquote>爱彼迎、DoorDash 和迪士尼 (DIS) 在美国市场周四收盘后公布了业绩，提供了一些思路。</blockquote></p><p> Airbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.</p><p><blockquote>爱彼迎：该公司表示，随着疫苗变得更加广泛，人们对旅行的兴趣再次激增，这表明在英国首相鲍里斯·约翰逊 (Boris Johnson) 2 月份宣布逐步解除封锁的计划后，英国的预订量立即大幅增加。对于60岁及以上的美国客户来说，2月至3月期间，爱彼迎上夏季旅游的搜索量增长了60%以上。</blockquote></p><p> The company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.</p><p><blockquote>该公司还准备让更多的客户使用爱彼迎进行长期停留，因为他们利用了对远程工作的更大接受度。该公司表示，上季度近四分之一的住宿时间为 28 天或以上，比 2019 年增长了 14%。股价在盘前交易中小幅下跌。</blockquote></p><p> DoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.</p><p><blockquote>DoorDash：尽管餐馆重新开放传统餐饮，但人们仍然订购大量外卖。DoorDash 报告称，尽管面临工人短缺的问题，上季度收入仍增长了 198%，达到 11 亿美元，并上调了全年预期。</blockquote></p><p> \"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.</p><p><blockquote>该公司表示：“随着市场继续重新开放以及美国各地店内就餐的增加，对我们订单量的影响小于我们的预期，这促成了本季度的强劲业绩。”不过该公司警告称，这可能部分归因于刺激检查。股价在盘前交易中上涨近 9%。</blockquote></p><p> Disney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.</p><p><blockquote>迪士尼：流媒体带领迪士尼穿越了疫情，迪士尼+的订阅用户已超过1亿。然而，这位迪士尼媒体界最大的明星似乎没有那么耀眼，导致股价下跌 4%。</blockquote></p><p> The company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.</p><p><blockquote>该公司周四表示，Disney+ 目前拥有 1.036 亿用户，低于华尔街预期的 1.1 亿用户。这迫使投资者怀疑：这是因为人们正在接种疫苗并远离流媒体吗？Netflix 上季度还报告订阅增长缓慢。</blockquote></p><p> Down but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.</p><p><blockquote>下降但并未出局：迪士尼表示，尽管增长明显放缓，但仍有望实现其长期用户目标。它打赌，随着疫情的缓解，它将能够制作更多的电影和节目，帮助吸引新客户。</blockquote></p><p> Whether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.</p><p><blockquote>这是否正确将在未来几个月变得更加清晰，这将真正考验人们是否真的扔掉运动裤，走出家门，再次撼动经济。</blockquote></p><p> <b>It could get easier to get a credit card without a credit score</b></p><p><blockquote><b>无需信用评分即可获得信用卡可能会变得更容易</b></blockquote></p><p> For years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.</p><p><blockquote>多年来，如果你没有信用评分，就很难获得信用卡或某些类型的贷款。但美国一些最大银行的一项新计划可能会帮助没有传统信用记录的美国人获得批准。</blockquote></p><p> Ten banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.</p><p><blockquote>据《华尔街日报》报道，包括摩根大通 (JPM)、富国银行 (WFC) 和合众银行 (USB) 在内的十家银行已初步同意一项共享银行账户存款和账单支付活动等数据的计划，以帮助确定没有传统信用记录的借款人的资格。</blockquote></p><p> The push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.</p><p><blockquote>推动金融机构达成数据共享协议的动力来自货币监理署开展的一项计划。OCC已经确认有一个计划，但银行之间协议的细节仍需制定。</blockquote></p><p> Should the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.</p><p><blockquote>如果提议的安排获得通过，这将意味着，例如，如果您没有信用评分，但您在富国银行拥有银行账户，您可以使用该财务历史来帮助您获得另一家银行的信用卡，例如摩根大通。</blockquote></p><p> \"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.</p><p><blockquote>摩根大通发言人特里什·韦克斯勒 (Trish Wexler) 告诉 CNN 商业频道：“这将使数百万美国人有机会获得积累财富所必需的信贷——买房、创业或资助教育。”</blockquote></p><p> The backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.</p><p><blockquote>背景故事：根据 FICO 信用评分的创建者 Fair Isaac Corporation 的数据，目前有 5300 万人没有信用评分。这些低收入和有色人种的消费者面临着更高的借贷成本，因为他们被迫转向发薪日贷款等产品。</blockquote></p><p> Banks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.</p><p><blockquote>银行和贷方将那些没有信用记录的人称为“隐形信用”。这个群体可能包括年轻人或新移民，以及很长时间没有使用信贷或由于经济困难而失去使用信贷的人。</blockquote></p><p> The business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.</p><p><blockquote>商业角度：随着在线新贵根据需求抢购其产品，大银行可能也渴望修改其政策。</blockquote></p><p></p><p> \"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.</p><p><blockquote>LendingTree 首席行业分析师马特·舒尔茨 (Matt Schulz) 表示：“最大银行之间的一些合作可能是对小型银行和金融科技公司侵犯其领域的一种反应。”</blockquote></p><p> <b>Target will temporarily stop selling trading cards amid frenzy</b></p><p><blockquote><b>塔吉特将在狂热中暂时停止销售交易卡</b></blockquote></p><p> Target (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.</p><p><blockquote>塔吉特 (TGT) 宣布，在其一家门店发生暴力纠纷后，将停止在其商店销售交易卡——这表明收藏品市场已经变得多么过热。</blockquote></p><p> The details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.</p><p><blockquote>细节：上周，威斯康星州的一个目标在一名男子因体育交易卡被另外四人殴打后被锁定。</blockquote></p><p> \"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"</p><p><blockquote>塔吉特在一份声明中表示：“客人和团队的安全是我们的首要任务。”“出于谨慎，我们决定暂时停止在我们的商店内销售 MLB、NFL、NBA 和神奇宝贝交易卡，自 [周五] 起生效。”</blockquote></p><p> The cards will still be available online, the company said.</p><p><blockquote>该公司表示，这些卡仍将在网上提供。</blockquote></p><p> Remember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.</p><p><blockquote>请记住：在 Covid-19 大流行期间，最近几个月交易卡的价值飙升。这引起了业余和专业投资者的兴趣，他们希望从惊人的回报中获利。</blockquote></p><p> Target previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.</p><p><blockquote>据美国有线电视新闻网 (CNN) 附属机构 WISN 报道，塔吉特此前将卡购买限制为每天只能购买一件商品，称客人整夜排队购买热门商品。</blockquote></p><p> Walmart (WMT), for its part, said it will keep selling cards in stores for now.</p><p><blockquote>沃尔玛 (WMT) 则表示，目前将继续在商店销售贺卡。</blockquote></p><p> \"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.</p><p><blockquote>一位发言人在一份声明中表示：“我们正在确定需要做出哪些改变（如果有的话）来满足客户需求，同时确保安全愉快的购物体验。”</blockquote></p><p> <b>Up next</b></p><p><blockquote><b>下一个</b></blockquote></p><p> Data on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.</p><p><blockquote>美国零售销售、进出口价格和工业生产数据将于美国东部时间上午 8:30 公布。</blockquote></p><p> Coming next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.</p><p><blockquote>下周：随着房地产市场繁荣，家得宝 (HD) 和劳氏 (LOW) 公布收益。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/05/14/investing/premarket-stocks-trading/index.html\">CNN</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","ABNB":"爱彼迎","DASH":"DoorDash, Inc."},"source_url":"https://edition.cnn.com/2021/05/14/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173244066","content_text":"London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.\nThe big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?\nAirbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.\nAirbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.\nThe company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.\nDoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.\n\"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.\nDisney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.\nThe company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.\nDown but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.\nWhether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.\nIt could get easier to get a credit card without a credit score\nFor years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.\nTen banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.\nThe push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.\nShould the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.\n\"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.\nThe backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.\nBanks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.\nThe business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.\n\"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.\nTarget will temporarily stop selling trading cards amid frenzy\nTarget (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.\nThe details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.\n\"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"\nThe cards will still be available online, the company said.\nRemember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.\nTarget previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.\nWalmart (WMT), for its part, said it will keep selling cards in stores for now.\n\"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.\nUp next\nData on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.\nComing next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.","news_type":1,"symbols_score_info":{"DIS":0.9,"ABNB":0.9,"DASH":0.9}},"isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380608856,"gmtCreate":1612536068075,"gmtModify":1703763297266,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Boring?","listText":"Boring?","text":"Boring?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/380608856","repostId":"2109727286","repostType":4,"isVote":1,"tweetType":1,"viewCount":926,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":855309609,"gmtCreate":1635331715323,"gmtModify":1635331715323,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/855309609","repostId":"1130740347","repostType":4,"isVote":1,"tweetType":1,"viewCount":3286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875061843,"gmtCreate":1637589173685,"gmtModify":1637589185975,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Kay","listText":"Kay","text":"Kay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875061843","repostId":"1153786917","repostType":4,"repost":{"id":"1153786917","kind":"news","pubTimestamp":1637534687,"share":"https://www.laohunote.com/m/news/1153786917?lang=zh_CN&edition=full","pubTime":"2021-11-22 06:44","market":"us","language":"en","title":"Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153786917","media":"Barrons","summary":"The tail end of third-quarter earnings season will bring more results from major retailers next week","content":"<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>第三季度财报季的尾声将在下周带来主要零售商的更多业绩，就在购物者为黑色星期五做准备之际。本周二，投资者将从一些零售业巨头那里获得季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和盖普。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和 VMware、周三的Deere以及周五的拼多多、美团和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>本周二，IHS Markit 将发布 11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会发布了 11 月初货币政策会议纪要。美国人口普查局还发布了10月份耐用品报告，而美国经济分析局则报告了10月份的个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技和Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。去年 10 月，成屋销售量达到金融危机后的峰值 673 万套，今年大部分时间都在下降，部分原因是供应限制，尤其是房地产市场的低价端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>Analog Devices、Autodesk、Best Buy、Burlington Stores、Dell Technologies、Dick's Sporting Goods、Dollar Tree、Gap、HPInc、JMSmucker、Jacobs Engineering Group、Medtronic 和 VMware 报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit 发布</b>11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。这两个数字都略高于10月份的数据。这两个指数都偏离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年增长率为 2.2%，高于东亚银行 10 月底 2% 的初步估计。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布 2021 年第四季度财报。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布 11 月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测，耐用品制成品新订单环比增长 0.2%，达到 2620 亿美元。不包括运输，新订单增长 0.5%，与 9 月份的涨幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。普遍的看涨期权是，继 9 月份下降 1% 之后，收入每月增长 0.4%。个人支出预计将环比增长 1%，增幅快于 9 月份 0.6%。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国股市</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</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>Best Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</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\">\nBest Buy, Zoom, Pinduoduo, Xpeng,Xiaomi,Meituan and Other Stocks for Investors to Watch This Week<blockquote>本周投资者关注百思买、Zoom、拼多多、小鹏、小米、美团等股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-22 06:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including&nbsp;Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and&nbsp;Gap.</p><p><blockquote>第三季度财报季的尾声将在下周带来主要零售商的更多业绩，就在购物者为黑色星期五做准备之际。本周二，投资者将从一些零售业巨头那里获得季度业绩，包括百思买、伯灵顿商店、迪克体育用品、美元树和盖普。</blockquote></p><p> Friday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.</p><p><blockquote>周五将是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。</blockquote></p><p> Non-retail highlights on the earnings calendar next week include&nbsp;Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and&nbsp;VMware&nbsp;on Tuesday, Deere&nbsp;on Wednesday&nbsp;and&nbsp;Pinduoduo,Meituan and RLX Technology&nbsp;on Friday.</p><p><blockquote>下周财报日历上的非零售亮点包括周一的Zoom Video通信、周二的小鹏汽车、小米公司、欧特克、戴尔科技和 VMware、周三的Deere以及周五的拼多多、美团和RLX科技。</blockquote></p><p> The National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.</p><p><blockquote>全国房地产经纪人协会周一报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。</blockquote></p><p> On Tuesday,IHS Markit&nbsp;releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.</p><p><blockquote>本周二，IHS Markit 将发布 11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。</blockquote></p><p> On Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.</p><p><blockquote>周三，联邦公开市场委员会发布了 11 月初货币政策会议纪要。美国人口普查局还发布了10月份耐用品报告，而美国经济分析局则报告了10月份的个人收入和支出。</blockquote></p><p> U.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.</p><p><blockquote>美国股市和固定收益市场将于周四因感恩节休市。周五，纳斯达克和纽约证券交易所下午1点结束交易，而债券市场下午2点收盘。</blockquote></p><p> Agilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.</p><p><blockquote>安捷伦科技、是德科技和Zoom Video通信发布季度业绩。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.</p><p><blockquote><b>全国协会</b>房地产经纪人报告了10月份的现房销售情况。普遍估计，经季节性调整后的年销量为 619 万套，比 9 月份减少 10 万套。去年 10 月，成屋销售量达到金融危机后的峰值 673 万套，今年大部分时间都在下降，部分原因是供应限制，尤其是房地产市场的低价端。</blockquote></p><p> Analog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.</p><p><blockquote>Analog Devices、Autodesk、Best Buy、Burlington Stores、Dell Technologies、Dick's Sporting Goods、Dollar Tree、Gap、HPInc、JMSmucker、Jacobs Engineering Group、Medtronic 和 VMware 报告收益。</blockquote></p><p> <b>IHS Markit releases</b> both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.</p><p><blockquote><b>IHS Markit 发布</b>11 月份制造业和服务业采购经理人指数。制造业 PMI 预计为 59.5，服务业 PMI 预计为 59。这两个数字都略高于10月份的数据。这两个指数都偏离了今年早些时候的峰值，但高于一年前的水平。</blockquote></p><p> <b>The BEA reports</b> its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.</p><p><blockquote><b>东亚银行报告</b>其对第三季度国内生产总值的第二次估计。经济学家预测年增长率为 2.2%，高于东亚银行 10 月底 2% 的初步估计。</blockquote></p><p> Deere reports fiscal fourth-quarter 2021 results.</p><p><blockquote>Deere公布 2021 年第四季度财报。</blockquote></p><p> <b>The Federal Open Market</b> Committee releases minutes from its early-November monetary-policy meeting.</p><p><blockquote><b>联邦公开市场</b>委员会发布 11 月初货币政策会议纪要。</blockquote></p><p> <b>The Census Bureau</b> releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.</p><p><blockquote><b>人口普查局</b>发布10月份耐用品报告。经济学家预测，耐用品制成品新订单环比增长 0.2%，达到 2620 亿美元。不包括运输，新订单增长 0.5%，与 9 月份的涨幅持平。</blockquote></p><p> <b>The BEA reports</b> personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.</p><p><blockquote><b>东亚银行报告</b>10月份个人收入和支出。普遍的看涨期权是，继 9 月份下降 1% 之后，收入每月增长 0.4%。个人支出预计将环比增长 1%，增幅快于 9 月份 0.6%。</blockquote></p><p> <b>U.S. bourses</b> and fixed-income markets are closed in observance of Thanksgiving.</p><p><blockquote><b>美国股市</b>固定收益市场因感恩节休市。</blockquote></p><p> <b>It’s Black Friday</b>, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.</p><p><blockquote><b>今天是黑色星期五</b>这是一年中最繁忙的购物日之一，也是假日购物季的传统开始。全国零售联合会估计，今年11月和12月，美国消费者将花费创纪录的8510亿美元，比去年增长9.5%。美国交易所在感恩节后的第二天缩短了交易时段。纳斯达克和纽约证券交易所下午1点结束交易，债券市场下午2点收盘。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3\">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":{".SPX":"S&P 500 Index","ZM":"Zoom","DELL":"戴尔","BBY":"百思买",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DE":"迪尔股份有限公司"},"source_url":"https://www.barrons.com/articles/best-buy-zoom-dell-deere-and-other-stocks-for-investors-to-watch-this-week-51637524800?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153786917","content_text":"The tail end of third-quarter earnings season will bring more results from major retailers next week, just as shoppers prepare for Black Friday. On Tuesday, investors will get quarterly results from some of retail’s biggest names, including Best Buy,Burlington Stores,Dick’s Sporting Goods,Dollar Tree,and Gap.\nFriday will bring one of the busiest shopping days of the year and the traditional kick off for holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year.\nNon-retail highlights on the earnings calendar next week include Zoom Video Communications on Monday,Xpeng,Xiaomi Corporation,Autodesk,Dell Technologies,and VMware on Tuesday, Deere on Wednesday and Pinduoduo,Meituan and RLX Technology on Friday.\nThe National Association of Realtors reports existing-home sales for October on Monday. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September.\nOn Tuesday,IHS Markit releases both the manufacturing and services purchasing managers’ indexes for November. Expectations are for a 59.5 reading for the manufacturing PMI and 59 for the services PMI.\nOn Wednesday, the Federal Open Market Committee releases minutes from its early-November monetary-policy meeting. The U.S. Census Bureau also releases the durable-goods report for October, while the U.S. Bureau of Economic Analysis reports personal income and spending for October.\nU.S. bourses and fixed-income markets will be closed on Thursday for Thanksgiving. On Friday, the Nasdaq and New York Stock Exchange end trading at 1 p.m., while the bond market closes at 2 p.m.\nAgilent Technologies,Keysight Technologies,and Zoom Video Communications release quarterly results.\nThe National Association of Realtors reports existing-home sales for October. The consensus estimate is for a seasonally adjusted annual rate of 6.19 million homes sold, 100,000 fewer than in September. Existing-home sales hit their post-financial-crisis peak at 6.73 million last October and have fallen for much of this year, partly due to supply constraints, especially at the lower-price end of the housing market.\nAnalog Devices,Autodesk, Best Buy, Burlington Stores, Dell Technologies, Dick’s Sporting Goods, Dollar Tree, Gap,HPInc.,J.M. Smucker, Jacobs Engineering Group,Medtronic,and VMware report earnings.\nIHS Markit releases both the Manufacturing and Services Purchasing Managers’ indexes for November. Expectations are for a 59.5 reading for the Manufacturing PMI and 59 for the Services PMI. Both figures are slightly more than the October data. Both indexes are off their peaks from earlier this year, but higher than their levels from a year ago.\nThe BEA reports its second estimate of third-quarter gross domestic product. Economists forecast a 2.2% annualized rate of growth, higher than the BEA’s preliminary estimate of 2% from late October.\nDeere reports fiscal fourth-quarter 2021 results.\nThe Federal Open Market Committee releases minutes from its early-November monetary-policy meeting.\nThe Census Bureau releases the durable-goods report for October. Economists forecast a 0.2% month-over-month increase in new orders for manufactured durable goods, to $262 billion. Excluding transportation, new orders are seen rising 0.5%, matching the September gain.\nThe BEA reports personal income and spending for October. The consensus call is for a 0.4% monthly increase in income after a 1% decline in September. Personal spending is expected to rise 1%, month over month, a faster clip than September’s 0.6% gain.\nU.S. bourses and fixed-income markets are closed in observance of Thanksgiving.\nIt’s Black Friday, one of the busiest shopping days of the year and the traditional kickoff to the holiday shopping season. The National Retail Federation estimates that a record $851 billion will be spent by U.S. consumers this November and December, a 9.5% increase from last year. U.S. exchanges have a shortened trading session on the day after Thanksgiving. The Nasdaq and New York Stock Exchange end trading at 1 p.m., and the bond market closes at 2 p.m.","news_type":1,"symbols_score_info":{"BBY":0.9,"DE":0.9,"ZM":0.9,"DELL":0.9,".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842990335,"gmtCreate":1636123409246,"gmtModify":1636123409396,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Okqy","listText":"Okqy","text":"Okqy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842990335","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","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":1636104081,"share":"https://www.laohunote.com/m/news/1136116425?lang=zh_CN&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2:00结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美国股市的常规交易时段将提前一小时，即北京时间晚上22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</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>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</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\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021<blockquote>美国夏令时于 2021 年 11 月 7 日星期日结束</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 17:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p><p><blockquote>亲爱的老虎们，美国夏令时于2021年11月7日周日凌晨2:00结束。</blockquote></p><p> At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p><p><blockquote>届时，美国股市的常规交易时段将提前一小时，即北京时间晚上22:30至凌晨5:00。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>Trading Hours</b></p><p><blockquote><b>交易时间</b></blockquote></p><p> U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p><p><blockquote>美国东部时间：9:30~16:00；北京时间/SGT：22:30~次日5:00</blockquote></p><p> <b>pre-trade</b></p><p><blockquote><b>交易前</b></blockquote></p><p> U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p><p><blockquote>美国东部时间：4:00~9:30；北京时间/SGT：17:00~22:30</blockquote></p><p> <b>post-trade</b></p><p><blockquote><b>交易后</b></blockquote></p><p> U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p><p><blockquote>美国东部时间：16:00~20:00；北京时间/SGT：5:00~9:00</blockquote></p><p> (Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p><p><blockquote>（注：夏令时总是从三月的第二个星期日开始，到十一月的第一个星期日结束）</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":383677969,"gmtCreate":1612878678451,"gmtModify":1703766180709,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Well at least other are selling well","listText":"Well at least other are selling well","text":"Well at least other are selling well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/383677969","repostId":"2110066279","repostType":2,"isVote":1,"tweetType":1,"viewCount":798,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":842993481,"gmtCreate":1636123507747,"gmtModify":1636123507900,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842993481","repostId":"1148714653","repostType":4,"repost":{"id":"1148714653","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":1636121613,"share":"https://www.laohunote.com/m/news/1148714653?lang=zh_CN&edition=full","pubTime":"2021-11-05 22:13","market":"us","language":"en","title":"Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1148714653","media":"Tiger Newspress","summary":"Big tech stocks climbed in morning trading.Alphabet,Amazon and Meta Platforms rose more than 1%.\n\nAm","content":"<p>Big tech stocks climbed in morning trading.Alphabet,Amazon&nbsp;and&nbsp;Meta Platforms&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>大型科技股在早盘交易中攀升。Alphabet、亚马逊和 Meta Platforms 上涨超过 1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1d9af1ecdb652e43a2a5563fdf926ed4\" tg-width=\"415\" tg-height=\"304\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Amazon may have disappointed in the last two quarters, but Wall Street remains bullish.</p><p><blockquote>亚马逊在过去两个季度可能令人失望，但华尔街仍然看好。</blockquote></p><p> The better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.</p><p><blockquote>更好的消息是，没有一位分析师彻底看跌亚马逊股票。事实上，华尔街最低目标价仍有 9% 的上涨机会，而平均目标价则表明未来涨幅约为 20%。</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>Big tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</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\">\nBig tech stocks climbed in morning trading<blockquote>大型科技股早盘上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-05 22:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Big tech stocks climbed in morning trading.Alphabet,Amazon&nbsp;and&nbsp;Meta Platforms&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p><p><blockquote>大型科技股在早盘交易中攀升。Alphabet、亚马逊和 Meta Platforms 上涨超过 1%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1d9af1ecdb652e43a2a5563fdf926ed4\" tg-width=\"415\" tg-height=\"304\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Amazon may have disappointed in the last two quarters, but Wall Street remains bullish.</p><p><blockquote>亚马逊在过去两个季度可能令人失望，但华尔街仍然看好。</blockquote></p><p> The better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.</p><p><blockquote>更好的消息是，没有一位分析师彻底看跌亚马逊股票。事实上，华尔街最低目标价仍有 9% 的上涨机会，而平均目标价则表明未来涨幅约为 20%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","FB":"ProShares S&P 500 Dynamic Buffer ETF","MSFT":"微软","AAPL":"苹果","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148714653","content_text":"Big tech stocks climbed in morning trading.Alphabet,Amazon and Meta Platforms rose more than 1%.\n\nAmazon may have disappointed in the last two quarters, but Wall Street remains bullish.\nThe better news is that not a single analyst has turned outright bearish on Amazon stock. In fact, the lowest price target on the Street still points at 9% upside opportunity, while the average target suggests gains of around 20% ahead.","news_type":1,"symbols_score_info":{"AMZN":0.9,"MSFT":0.9,"FB":0.9,"GOOGL":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":152509182,"gmtCreate":1625304999046,"gmtModify":1631891569655,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"That great","listText":"That great","text":"That great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152509182","repostId":"1165340887","repostType":4,"isVote":1,"tweetType":1,"viewCount":2849,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111252918,"gmtCreate":1622683724134,"gmtModify":1631893867551,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/111252918","repostId":"1158277325","repostType":4,"isVote":1,"tweetType":1,"viewCount":914,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}