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Steu
2021-12-25
ok
抱歉,原内容已删除
Steu
2021-12-24
ok
3 Stocks to Buy While They Are on Sale<blockquote>3只打折时值得买入的股票</blockquote>
Steu
2021-11-17
Tiger broker got problem?
why my apps cannot see the watchlist? anyone faced this issue now?
Tiger broker got problem?
Steu
2021-11-12
ok//
@Steu
:will this tesla go dip?
Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>
Steu
2021-11-12
will this tesla go dip?
Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>
Steu
2021-11-06
nice job. beats
抱歉,原内容已删除
Steu
2021-11-02
like urself
Electric vehicle maker Rivian seeks to raise $8.4 billion in IPO<blockquote>电动汽车制造商Rivian寻求IPO融资84亿美元</blockquote>
Steu
2021-11-01
hehw
Opinion:Here's the math for Tesla's stock price if it becomes the Apple of car makers<blockquote>观点:如果特斯拉成为汽车制造商的苹果,其股价的计算结果如下</blockquote>
Steu
2021-10-27
ok
抱歉,原内容已删除
Steu
2021-10-27
ok
Kraft Heinz rose nearly 1% in premarket trading as it beat revenue estimates helped by higher prices<blockquote>卡夫亨氏在盘前交易中上涨近1%,因价格上涨帮助其收入超出预期</blockquote>
Steu
2021-10-27
ok
抱歉,原内容已删除
Steu
2021-10-20
ok//
@Steu
:ok
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Steu
2021-10-20
time to short liao
Tesla Will Probably Beat Earnings Estimates. Why the Stock Might Not Move.<blockquote>特斯拉的盈利可能会超出预期。为什么股票可能不会变动。</blockquote>
Steu
2021-10-15
$Tiger Brokers(TIGR)$
just call, this is oversell
Steu
2021-10-09
ok
抱歉,原内容已删除
Steu
2021-10-08
ok
抱歉,原内容已删除
Steu
2021-10-05
ok
抱歉,原内容已删除
Steu
2021-10-05
ok
抱歉,原内容已删除
Steu
2021-10-05
ok
抱歉,原内容已删除
Steu
2021-10-02
嗯
$Li Auto(LI)$
抱歉,原内容已删除
去老虎APP查看更多动态
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17:10","market":"us","language":"en","title":"3 Stocks to Buy While They Are on Sale<blockquote>3只打折时值得买入的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1141357068","media":"Motley Fool","summary":"The market has been particularly harsh to high-growth stocks over recent months, causing major price","content":"<p>The market has been particularly harsh to high-growth stocks over recent months, causing major price declines in otherwise solid companies. The omicron coronavirus variant, soaring inflation, and the possibility of interest rate hikes next year are all causing uncertainty for investors today.</p><p><blockquote>近几个月来,市场对高增长股票的打击尤其严重,导致原本稳健的公司价格大幅下跌。奥密克戎冠状病毒变种、通胀飙升以及明年加息的可能性都给今天的投资者带来了不确定性。</blockquote></p><p> Opportunities to buy outstanding businesses at significant discounts to their recent highs are rare. Now is not the time to abandon your long-term investing strategy. Instead, take a look at the following stocks as potential additions to your portfolio right now.</p><p><blockquote>以较近期高点大幅折扣购买优秀企业的机会很少。现在不是放弃长期投资策略的时候。相反,现在就看看以下股票作为您投资组合的潜在补充。</blockquote></p><p> <b>1. Etsy</b></p><p><blockquote><b>1.Etsy</b></blockquote></p><p> The first stock you should consider is online marketplace <b>Etsy</b> (NASDAQ:ETSY). It's down 26% in the past month as investors worry that the pandemic-induced surge in demand for its unique goods will fade with economies slowly reopening. But if we zoom out and focus on the bigger picture, Etsy is doing just fine.</p><p><blockquote>您应该考虑的第一只股票是在线市场<b>Etsy</b>(纳斯达克:ETSY)。过去一个月下跌了26%,因为投资者担心,随着经济缓慢重新开放,大流行引发的对其独特商品的需求激增将会消退。但如果我们缩小范围,关注更大的图景,Etsy做得很好。</blockquote></p><p> The platform generated $3.1 billion in gross merchandise sales (GMS) in the third quarter, up 17.9% over the year-ago period. This was all the more impressive given that a year ago GMS shot up 119%. The ecosystem is robust and growing with 96 million active buyers and 7.5 million active sellers, both of which are up substantially on a sequential basis.</p><p><blockquote>该平台第三季度商品销售总额(GMS)为31亿美元,同比增长17.9%。考虑到一年前GMS飙升了119%,这就更加令人印象深刻了。该生态系统强大且不断增长,拥有9600万活跃买家和750万活跃卖家,这两个数字均环比大幅增长。</blockquote></p><p> Over the past 12 months, Etsy's profit margin was a superb 21.6%. And the business is a cash cow, producing $584 million in free cash flow during that time. That leaves lots of room to potentially buy back stock, further boosting earnings per share.</p><p><blockquote>过去12个月,Etsy的利润率高达21.6%。该业务是一棵摇钱树,在此期间产生了5.84亿美元的自由现金流。这为回购股票留下了很大的空间,进一步提高了每股收益。</blockquote></p><p> The stock has been a massive outperformer, skyrocketing nearly 1,600% over the past five years. But don't think the party is over for this booming e-commerce business. CEO Josh Silverman has ambitions to create a \"House of Brands\" that will penetrate what the leadership team believes is a $1.7 trillion global opportunity. The recent acquisitions of Depop, a secondhand-fashion reseller, and Elo7, known as the Etsy of Brazil, should help support that vision of growth for the company in the decade ahead.</p><p><blockquote>该股表现出色,在过去五年中飙升了近1,600%。但不要认为这个蓬勃发展的电子商务业务的派对已经结束。首席执行官乔什·西尔弗曼(Josh Silverman)雄心勃勃地创建一个“品牌之家”,以渗透领导团队认为的1.7万亿美元的全球机遇。最近对二手时装经销商Depop和被称为巴西Etsy的Elo7的收购应该有助于支持该公司未来十年的增长愿景。</blockquote></p><p> <b>2. The Joint Corp.</b></p><p><blockquote><b>2.联合公司。</b></blockquote></p><p> Who knew that offering fast and affordable back adjustments would be such a lucrative business model? That's exactly what <b>The Joint Corp.</b> (NASDAQ:JYNT)is doing. The nationwide franchisor and operator of 666 chiropractic clinics has been growing at a breathtaking pace. A decade ago, the company had just 26 locations.</p><p><blockquote>谁知道提供快速和负担得起的背部调整会是一个如此有利可图的商业模式?这正是<b>联合公司。</b>(纳斯达克:JYNT)正在做。全国666家脊椎指压治疗诊所的特许经营商和经营者一直在以惊人的速度增长。十年前,该公司只有26个地点。</blockquote></p><p> After reaching an all-time high of $107.30 in early September, the stock has crashed over 40%. Even so, the price is up 135% year to date. This company does away with the traditional, insurance-based structure by letting patients walk in (no appointment needed) and receive quick and effective treatment from a licensed chiropractor. At $29, a visit here is often lower than co-pays at independent chiropractor offices.</p><p><blockquote>在9月初达到107.30美元的历史高点后,该股已暴跌超过40%。即便如此,今年迄今为止价格仍上涨了135%。这家公司废除了传统的、基于保险的结构,让病人走进去(不需要预约),接受有执照的脊椎指压治疗师的快速有效的治疗。这里的就诊费用为29美元,通常低于独立脊椎指压治疗师办公室的自付费用。</blockquote></p><p> The model is working. Same-store sales for locations open at least four years jumped 21% in the latest quarter. And with annual spending on back pain in the U.S. estimated to be $134 billion, there is a massive market opportunity. The Joint's trailing-12-month revenue totaled $75 million.</p><p><blockquote>这个模型正在起作用。最近一个季度,开业至少四年的门店同店销售额增长了21%。美国每年在背痛方面的支出估计为1340亿美元,存在巨大的市场机会。该合资企业过去12个月的收入总计7500万美元。</blockquote></p><p> Management is confident the company can one day have 1,800 locations in the U.S., almost triple its current footprint. With 295 clinics in active development and 132 franchise licenses sold in the first nine months of 2021, The Joint is well on its way to bringing chiropractic care to the masses.</p><p><blockquote>管理层相信,该公司有一天可以在美国拥有1,800个分支机构,几乎是目前足迹的三倍。随着295家诊所在积极发展,2021年前9个月售出132份特许经营许可证,该联合公司正在向大众提供脊椎指压治疗护理。</blockquote></p><p> <b>3. Roku</b></p><p><blockquote><b>3.Roku</b></blockquote></p><p> Perhaps the biggest shocker on this list is <b>Roku</b> (NASDAQ:ROKU), which has seen its stock shed roughly half of its value since July. Some challenges, including missing Wall Street's sales estimates in the third quarter plus supply-chain bottlenecks, are certainly pressuring the stock. But I still firmly believe that the long-term outlook for Roku is intact.</p><p><blockquote>也许这份名单上最令人震惊的是<b>Roku</b>(纳斯达克:ROKU),自7月份以来,其股价已下跌约一半。一些挑战,包括第三季度未达到华尔街的销售预期以及供应链瓶颈,无疑给该股带来了压力。但我仍然坚信Roku的长期前景是完整的。</blockquote></p><p> This top streaming business is attractive not because of its media sticks, which have actually been sold at a loss in the past two quarters, but because of its burgeoning platform segment. This is where high-margin advertising and subscription fees are. In the most recent quarter, the platform business represented 86% of total revenue, a figure that has steadily increased over time.</p><p><blockquote>这项顶级流媒体业务之所以有吸引力,并不是因为其媒体棒(过去两个季度实际上一直在亏本出售),而是因为其蓬勃发展的平台部门。这就是高利润广告和订阅费的所在。最近一个季度,平台业务占总收入的86%,这一数字随着时间的推移稳步增长。</blockquote></p><p> Roku's 56.4 million active accounts streamed 18 billion hours of content in the latest three-month period. But what really stood out was the average revenue per user of $40.10. The monster success of The Roku Channel, now a top-five channel on the platform, has further helped ad revenue. This allows even greater investment in content (including 50 new original series planned over the next two years), bringing in new viewers.</p><p><blockquote>Roku的5640万活跃账户在最近三个月内播放了180亿小时的内容。但真正突出的是每个用户40.10美元的平均收入。Roku频道(现已成为该平台排名前五的频道)的巨大成功进一步提高了广告收入。这使得在内容上进行更大的投资(包括未来两年计划推出的50部新的原创剧集),带来新的观众。</blockquote></p><p></p><p> The management team, led by CEO Anthony Wood, thinks that streaming is the future of video entertainment. The ongoing decline of cable-TV subscribers makes this trend undeniable. Roku will continue riding this wave as it tackles overseas markets, particularly in Europe and Latin America.</p><p><blockquote>由首席执行官安东尼·伍德领导的管理团队认为流媒体是视频娱乐的未来。有线电视用户的持续下降使得这一趋势不可否认。Roku将继续乘风破浪,进军海外市场,特别是欧洲和拉丁美洲。</blockquote></p><p> Taking advantage of what the market is giving you today by adding shares in these proven winners, now at steep discounts, could be a game-changer for your portfolio.</p><p><blockquote>利用市场今天为您提供的机会,通过添加这些经过验证的赢家的股票(现在以大幅折扣),可能会改变您投资组合的游戏规则。</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>3 Stocks to Buy While They Are on Sale<blockquote>3只打折时值得买入的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy While They Are on Sale<blockquote>3只打折时值得买入的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-24 17:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The market has been particularly harsh to high-growth stocks over recent months, causing major price declines in otherwise solid companies. The omicron coronavirus variant, soaring inflation, and the possibility of interest rate hikes next year are all causing uncertainty for investors today.</p><p><blockquote>近几个月来,市场对高增长股票的打击尤其严重,导致原本稳健的公司价格大幅下跌。奥密克戎冠状病毒变种、通胀飙升以及明年加息的可能性都给今天的投资者带来了不确定性。</blockquote></p><p> Opportunities to buy outstanding businesses at significant discounts to their recent highs are rare. Now is not the time to abandon your long-term investing strategy. Instead, take a look at the following stocks as potential additions to your portfolio right now.</p><p><blockquote>以较近期高点大幅折扣购买优秀企业的机会很少。现在不是放弃长期投资策略的时候。相反,现在就看看以下股票作为您投资组合的潜在补充。</blockquote></p><p> <b>1. Etsy</b></p><p><blockquote><b>1.Etsy</b></blockquote></p><p> The first stock you should consider is online marketplace <b>Etsy</b> (NASDAQ:ETSY). It's down 26% in the past month as investors worry that the pandemic-induced surge in demand for its unique goods will fade with economies slowly reopening. But if we zoom out and focus on the bigger picture, Etsy is doing just fine.</p><p><blockquote>您应该考虑的第一只股票是在线市场<b>Etsy</b>(纳斯达克:ETSY)。过去一个月下跌了26%,因为投资者担心,随着经济缓慢重新开放,大流行引发的对其独特商品的需求激增将会消退。但如果我们缩小范围,关注更大的图景,Etsy做得很好。</blockquote></p><p> The platform generated $3.1 billion in gross merchandise sales (GMS) in the third quarter, up 17.9% over the year-ago period. This was all the more impressive given that a year ago GMS shot up 119%. The ecosystem is robust and growing with 96 million active buyers and 7.5 million active sellers, both of which are up substantially on a sequential basis.</p><p><blockquote>该平台第三季度商品销售总额(GMS)为31亿美元,同比增长17.9%。考虑到一年前GMS飙升了119%,这就更加令人印象深刻了。该生态系统强大且不断增长,拥有9600万活跃买家和750万活跃卖家,这两个数字均环比大幅增长。</blockquote></p><p> Over the past 12 months, Etsy's profit margin was a superb 21.6%. And the business is a cash cow, producing $584 million in free cash flow during that time. That leaves lots of room to potentially buy back stock, further boosting earnings per share.</p><p><blockquote>过去12个月,Etsy的利润率高达21.6%。该业务是一棵摇钱树,在此期间产生了5.84亿美元的自由现金流。这为回购股票留下了很大的空间,进一步提高了每股收益。</blockquote></p><p> The stock has been a massive outperformer, skyrocketing nearly 1,600% over the past five years. But don't think the party is over for this booming e-commerce business. CEO Josh Silverman has ambitions to create a \"House of Brands\" that will penetrate what the leadership team believes is a $1.7 trillion global opportunity. The recent acquisitions of Depop, a secondhand-fashion reseller, and Elo7, known as the Etsy of Brazil, should help support that vision of growth for the company in the decade ahead.</p><p><blockquote>该股表现出色,在过去五年中飙升了近1,600%。但不要认为这个蓬勃发展的电子商务业务的派对已经结束。首席执行官乔什·西尔弗曼(Josh Silverman)雄心勃勃地创建一个“品牌之家”,以渗透领导团队认为的1.7万亿美元的全球机遇。最近对二手时装经销商Depop和被称为巴西Etsy的Elo7的收购应该有助于支持该公司未来十年的增长愿景。</blockquote></p><p> <b>2. The Joint Corp.</b></p><p><blockquote><b>2.联合公司。</b></blockquote></p><p> Who knew that offering fast and affordable back adjustments would be such a lucrative business model? That's exactly what <b>The Joint Corp.</b> (NASDAQ:JYNT)is doing. The nationwide franchisor and operator of 666 chiropractic clinics has been growing at a breathtaking pace. A decade ago, the company had just 26 locations.</p><p><blockquote>谁知道提供快速和负担得起的背部调整会是一个如此有利可图的商业模式?这正是<b>联合公司。</b>(纳斯达克:JYNT)正在做。全国666家脊椎指压治疗诊所的特许经营商和经营者一直在以惊人的速度增长。十年前,该公司只有26个地点。</blockquote></p><p> After reaching an all-time high of $107.30 in early September, the stock has crashed over 40%. Even so, the price is up 135% year to date. This company does away with the traditional, insurance-based structure by letting patients walk in (no appointment needed) and receive quick and effective treatment from a licensed chiropractor. At $29, a visit here is often lower than co-pays at independent chiropractor offices.</p><p><blockquote>在9月初达到107.30美元的历史高点后,该股已暴跌超过40%。即便如此,今年迄今为止价格仍上涨了135%。这家公司废除了传统的、基于保险的结构,让病人走进去(不需要预约),接受有执照的脊椎指压治疗师的快速有效的治疗。这里的就诊费用为29美元,通常低于独立脊椎指压治疗师办公室的自付费用。</blockquote></p><p> The model is working. Same-store sales for locations open at least four years jumped 21% in the latest quarter. And with annual spending on back pain in the U.S. estimated to be $134 billion, there is a massive market opportunity. The Joint's trailing-12-month revenue totaled $75 million.</p><p><blockquote>这个模型正在起作用。最近一个季度,开业至少四年的门店同店销售额增长了21%。美国每年在背痛方面的支出估计为1340亿美元,存在巨大的市场机会。该合资企业过去12个月的收入总计7500万美元。</blockquote></p><p> Management is confident the company can one day have 1,800 locations in the U.S., almost triple its current footprint. With 295 clinics in active development and 132 franchise licenses sold in the first nine months of 2021, The Joint is well on its way to bringing chiropractic care to the masses.</p><p><blockquote>管理层相信,该公司有一天可以在美国拥有1,800个分支机构,几乎是目前足迹的三倍。随着295家诊所在积极发展,2021年前9个月售出132份特许经营许可证,该联合公司正在向大众提供脊椎指压治疗护理。</blockquote></p><p> <b>3. Roku</b></p><p><blockquote><b>3.Roku</b></blockquote></p><p> Perhaps the biggest shocker on this list is <b>Roku</b> (NASDAQ:ROKU), which has seen its stock shed roughly half of its value since July. Some challenges, including missing Wall Street's sales estimates in the third quarter plus supply-chain bottlenecks, are certainly pressuring the stock. But I still firmly believe that the long-term outlook for Roku is intact.</p><p><blockquote>也许这份名单上最令人震惊的是<b>Roku</b>(纳斯达克:ROKU),自7月份以来,其股价已下跌约一半。一些挑战,包括第三季度未达到华尔街的销售预期以及供应链瓶颈,无疑给该股带来了压力。但我仍然坚信Roku的长期前景是完整的。</blockquote></p><p> This top streaming business is attractive not because of its media sticks, which have actually been sold at a loss in the past two quarters, but because of its burgeoning platform segment. This is where high-margin advertising and subscription fees are. In the most recent quarter, the platform business represented 86% of total revenue, a figure that has steadily increased over time.</p><p><blockquote>这项顶级流媒体业务之所以有吸引力,并不是因为其媒体棒(过去两个季度实际上一直在亏本出售),而是因为其蓬勃发展的平台部门。这就是高利润广告和订阅费的所在。最近一个季度,平台业务占总收入的86%,这一数字随着时间的推移稳步增长。</blockquote></p><p> Roku's 56.4 million active accounts streamed 18 billion hours of content in the latest three-month period. But what really stood out was the average revenue per user of $40.10. The monster success of The Roku Channel, now a top-five channel on the platform, has further helped ad revenue. This allows even greater investment in content (including 50 new original series planned over the next two years), bringing in new viewers.</p><p><blockquote>Roku的5640万活跃账户在最近三个月内播放了180亿小时的内容。但真正突出的是每个用户40.10美元的平均收入。Roku频道(现已成为该平台排名前五的频道)的巨大成功进一步提高了广告收入。这使得在内容上进行更大的投资(包括未来两年计划推出的50部新的原创剧集),带来新的观众。</blockquote></p><p></p><p> The management team, led by CEO Anthony Wood, thinks that streaming is the future of video entertainment. The ongoing decline of cable-TV subscribers makes this trend undeniable. Roku will continue riding this wave as it tackles overseas markets, particularly in Europe and Latin America.</p><p><blockquote>由首席执行官安东尼·伍德领导的管理团队认为流媒体是视频娱乐的未来。有线电视用户的持续下降使得这一趋势不可否认。Roku将继续乘风破浪,进军海外市场,特别是欧洲和拉丁美洲。</blockquote></p><p> Taking advantage of what the market is giving you today by adding shares in these proven winners, now at steep discounts, could be a game-changer for your portfolio.</p><p><blockquote>利用市场今天为您提供的机会,通过添加这些经过验证的赢家的股票(现在以大幅折扣),可能会改变您投资组合的游戏规则。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/12/23/3-stocks-to-buy-while-they-are-on-sale/\">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":{"ROKU":"Roku Inc","JYNT":"The Joint Corp.","ETSY":"Etsy, Inc."},"source_url":"https://www.fool.com/investing/2021/12/23/3-stocks-to-buy-while-they-are-on-sale/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141357068","content_text":"The market has been particularly harsh to high-growth stocks over recent months, causing major price declines in otherwise solid companies. The omicron coronavirus variant, soaring inflation, and the possibility of interest rate hikes next year are all causing uncertainty for investors today.\nOpportunities to buy outstanding businesses at significant discounts to their recent highs are rare. Now is not the time to abandon your long-term investing strategy. Instead, take a look at the following stocks as potential additions to your portfolio right now.\n1. Etsy\nThe first stock you should consider is online marketplace Etsy (NASDAQ:ETSY). It's down 26% in the past month as investors worry that the pandemic-induced surge in demand for its unique goods will fade with economies slowly reopening. But if we zoom out and focus on the bigger picture, Etsy is doing just fine.\nThe platform generated $3.1 billion in gross merchandise sales (GMS) in the third quarter, up 17.9% over the year-ago period. This was all the more impressive given that a year ago GMS shot up 119%. The ecosystem is robust and growing with 96 million active buyers and 7.5 million active sellers, both of which are up substantially on a sequential basis.\nOver the past 12 months, Etsy's profit margin was a superb 21.6%. And the business is a cash cow, producing $584 million in free cash flow during that time. That leaves lots of room to potentially buy back stock, further boosting earnings per share.\nThe stock has been a massive outperformer, skyrocketing nearly 1,600% over the past five years. But don't think the party is over for this booming e-commerce business. CEO Josh Silverman has ambitions to create a \"House of Brands\" that will penetrate what the leadership team believes is a $1.7 trillion global opportunity. The recent acquisitions of Depop, a secondhand-fashion reseller, and Elo7, known as the Etsy of Brazil, should help support that vision of growth for the company in the decade ahead.\n2. The Joint Corp.\nWho knew that offering fast and affordable back adjustments would be such a lucrative business model? That's exactly what The Joint Corp. (NASDAQ:JYNT)is doing. The nationwide franchisor and operator of 666 chiropractic clinics has been growing at a breathtaking pace. A decade ago, the company had just 26 locations.\nAfter reaching an all-time high of $107.30 in early September, the stock has crashed over 40%. Even so, the price is up 135% year to date. This company does away with the traditional, insurance-based structure by letting patients walk in (no appointment needed) and receive quick and effective treatment from a licensed chiropractor. At $29, a visit here is often lower than co-pays at independent chiropractor offices.\nThe model is working. Same-store sales for locations open at least four years jumped 21% in the latest quarter. And with annual spending on back pain in the U.S. estimated to be $134 billion, there is a massive market opportunity. The Joint's trailing-12-month revenue totaled $75 million.\nManagement is confident the company can one day have 1,800 locations in the U.S., almost triple its current footprint. With 295 clinics in active development and 132 franchise licenses sold in the first nine months of 2021, The Joint is well on its way to bringing chiropractic care to the masses.\n3. Roku\nPerhaps the biggest shocker on this list is Roku (NASDAQ:ROKU), which has seen its stock shed roughly half of its value since July. Some challenges, including missing Wall Street's sales estimates in the third quarter plus supply-chain bottlenecks, are certainly pressuring the stock. But I still firmly believe that the long-term outlook for Roku is intact.\nThis top streaming business is attractive not because of its media sticks, which have actually been sold at a loss in the past two quarters, but because of its burgeoning platform segment. This is where high-margin advertising and subscription fees are. In the most recent quarter, the platform business represented 86% of total revenue, a figure that has steadily increased over time.\nRoku's 56.4 million active accounts streamed 18 billion hours of content in the latest three-month period. But what really stood out was the average revenue per user of $40.10. The monster success of The Roku Channel, now a top-five channel on the platform, has further helped ad revenue. This allows even greater investment in content (including 50 new original series planned over the next two years), bringing in new viewers.\nThe management team, led by CEO Anthony Wood, thinks that streaming is the future of video entertainment. The ongoing decline of cable-TV subscribers makes this trend undeniable. Roku will continue riding this wave as it tackles overseas markets, particularly in Europe and Latin America.\nTaking advantage of what the market is giving you today by adding shares in these proven winners, now at steep discounts, could be a game-changer for your portfolio.","news_type":1,"symbols_score_info":{"ETSY":0.9,"ROKU":0.9,"JYNT":0.9}},"isVote":1,"tweetType":1,"viewCount":2219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871569404,"gmtCreate":1637085980917,"gmtModify":1637086338526,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"title":"Tiger broker got problem?","htmlText":"why my apps cannot see the watchlist? anyone faced this issue now?","listText":"why my apps cannot see the watchlist? anyone faced this issue now?","text":"why my apps cannot see the watchlist? anyone faced this issue now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871569404","isVote":1,"tweetType":1,"viewCount":2863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879660753,"gmtCreate":1636718017672,"gmtModify":1636718017940,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok//<a href=\"https://laohu8.com/U/3579215123116789\">@Steu</a>:will this tesla go dip?","listText":"ok//<a href=\"https://laohu8.com/U/3579215123116789\">@Steu</a>:will this tesla go dip?","text":"ok//@Steu:will this tesla go dip?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879660753","repostId":"1101762629","repostType":2,"repost":{"id":"1101762629","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":1636715542,"share":"https://www.laohu8.com/m/news/1101762629?lang=zh_CN&edition=full","pubTime":"2021-11-12 19:12","market":"us","language":"en","title":"Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101762629","media":"Tiger Newspress","summary":"Musk further sold Tesla shares on November 11, according to the SEC files.","content":"<p>Musk further sold Tesla shares on November 11, according to the SEC files.</p><p><blockquote>根据SEC的文件,马斯克在11月11日进一步出售了特斯拉股票。</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>Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 19:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Musk further sold Tesla shares on November 11, according to the SEC files.</p><p><blockquote>根据SEC的文件,马斯克在11月11日进一步出售了特斯拉股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101762629","content_text":"Musk further sold Tesla shares on November 11, according to the SEC files.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":3440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879685881,"gmtCreate":1636717427229,"gmtModify":1636717460842,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"will this tesla go dip?","listText":"will this tesla go dip?","text":"will this tesla go dip?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879685881","repostId":"1101762629","repostType":2,"repost":{"id":"1101762629","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":1636715542,"share":"https://www.laohu8.com/m/news/1101762629?lang=zh_CN&edition=full","pubTime":"2021-11-12 19:12","market":"us","language":"en","title":"Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1101762629","media":"Tiger Newspress","summary":"Musk further sold Tesla shares on November 11, according to the SEC files.","content":"<p>Musk further sold Tesla shares on November 11, according to the SEC files.</p><p><blockquote>根据SEC的文件,马斯克在11月11日进一步出售了特斯拉股票。</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>Musk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</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\">\nMusk further sold Tesla shares on November 11<blockquote>马斯克11月11日进一步抛售特斯拉股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-12 19:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Musk further sold Tesla shares on November 11, according to the SEC files.</p><p><blockquote>根据SEC的文件,马斯克在11月11日进一步出售了特斯拉股票。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101762629","content_text":"Musk further sold Tesla shares on November 11, according to the SEC files.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842309949,"gmtCreate":1636129157276,"gmtModify":1636129158129,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"nice job. beats ","listText":"nice job. beats ","text":"nice job. beats","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842309949","repostId":"1163952473","repostType":2,"isVote":1,"tweetType":1,"viewCount":2608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843867751,"gmtCreate":1635818343709,"gmtModify":1635818343966,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"like urself","listText":"like urself","text":"like urself","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843867751","repostId":"1129056623","repostType":4,"repost":{"id":"1129056623","kind":"news","pubTimestamp":1635817478,"share":"https://www.laohu8.com/m/news/1129056623?lang=zh_CN&edition=full","pubTime":"2021-11-02 09:44","market":"us","language":"en","title":"Electric vehicle maker Rivian seeks to raise $8.4 billion in IPO<blockquote>电动汽车制造商Rivian寻求IPO融资84亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1129056623","media":"TechCrunch","summary":"Electric vehicle startup Rivian hopes to raise up $8.4 billion in its initial public offering, accor","content":"<p>Electric vehicle startup Rivian hopes to raise up $8.4 billion in its initial public offering, according to aregulatory filing posted Monday.</p><p><blockquote>根据周一发布的监管文件,电动汽车初创公司Rivian希望在首次公开募股中筹集84亿美元。</blockquote></p><p> The company, which is backed by Amazon, said in the filing that it plans to offer 135 million shares at a price between $57 and $62. Underwriters also have an option to buy up to 20.25 million additional shares. If underwriters exercise that option, Rivian would raise as much as $9.6 billion.</p><p><blockquote>该公司得到亚马逊的支持,在文件中表示,计划以57美元至62美元的价格发行1.35亿股股票。承销商还可以选择购买最多2025万股额外股票。如果承销商行使这一选择权,Rivian将筹集高达96亿美元的资金。</blockquote></p><p> Based on the number of outstanding shares, that would put its market valuation at about $53 billion. If employee stock options and other restricted shares are considered, Rivian's valuation could be as high as $60 billion.</p><p><blockquote>根据已发行股票数量,其市场估值约为530亿美元。如果考虑员工股票期权和其他限制性股票,Rivian的估值可能高达600亿美元。</blockquote></p><p> Rivian filed October 1 to become a publicly traded company in the United States. The S-1 document did not disclose the targeted share price at the time. An amended document filed Monday provided the new information, which included interest from repeat backer Amazon and newcomer Blackstone in Rivian.</p><p><blockquote>Rivian于10月1日申请成为美国上市公司。S-1文件当时没有披露目标股价。周一提交的一份修订文件提供了新信息,其中包括Rivian的老支持者亚马逊和新来者黑石的兴趣。</blockquote></p><p> Amazon, funds and accounts advised by T. Rowe Price Associates, Coatue Management, Franklin Templeton, Capital Research Global Investors, D1 Capital Partners LP, Third Point LLC, funds affiliated with Blackstone Alternative Asset Management, Dragoneer Investment Group LLC and certain entities affiliated with Soros Fund Management LLC have indicated an interest in buying up to $5 billion of shares of Class A common stock.</p><p><blockquote>亚马逊、T.Rowe Price Associates、Coatue Management、Franklin Templeton、Capital Research Global Investors、D1 Capital Partners LP、Third Point LLC、Blackstone Alternative Asset Management附属基金、Dragoneer Investment Group LLC以及索罗斯基金附属某些实体提供咨询的基金和账户管理有限责任公司已表示有兴趣购买最多50亿美元的A类普通股。</blockquote></p><p> A recent filing by Amazon shows the e-commerce giant already holds a 20% stake in Rivian.</p><p><blockquote>亚马逊最近提交的一份文件显示,这家电子商务巨头已经持有Rivian 20%的股份。</blockquote></p><p> Rivian's filing was been one of the most anticipated of the year; now attention has turned to its public debut on the Nasdaq exchange. Rivian will trade under the ticker symbol RIVN.</p><p><blockquote>Rivian的申请是今年最受期待的申请之一;现在人们的注意力转向了它在纳斯达克交易所的首次公开亮相。Rivian将以股票代码RIVN进行交易。</blockquote></p><p></p>","source":"lsy1602557183277","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>Electric vehicle maker Rivian seeks to raise $8.4 billion in IPO<blockquote>电动汽车制造商Rivian寻求IPO融资84亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nElectric vehicle maker Rivian seeks to raise $8.4 billion in IPO<blockquote>电动汽车制造商Rivian寻求IPO融资84亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TechCrunch</strong><span class=\"h-time small\">2021-11-02 09:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Electric vehicle startup Rivian hopes to raise up $8.4 billion in its initial public offering, according to aregulatory filing posted Monday.</p><p><blockquote>根据周一发布的监管文件,电动汽车初创公司Rivian希望在首次公开募股中筹集84亿美元。</blockquote></p><p> The company, which is backed by Amazon, said in the filing that it plans to offer 135 million shares at a price between $57 and $62. Underwriters also have an option to buy up to 20.25 million additional shares. If underwriters exercise that option, Rivian would raise as much as $9.6 billion.</p><p><blockquote>该公司得到亚马逊的支持,在文件中表示,计划以57美元至62美元的价格发行1.35亿股股票。承销商还可以选择购买最多2025万股额外股票。如果承销商行使这一选择权,Rivian将筹集高达96亿美元的资金。</blockquote></p><p> Based on the number of outstanding shares, that would put its market valuation at about $53 billion. If employee stock options and other restricted shares are considered, Rivian's valuation could be as high as $60 billion.</p><p><blockquote>根据已发行股票数量,其市场估值约为530亿美元。如果考虑员工股票期权和其他限制性股票,Rivian的估值可能高达600亿美元。</blockquote></p><p> Rivian filed October 1 to become a publicly traded company in the United States. The S-1 document did not disclose the targeted share price at the time. An amended document filed Monday provided the new information, which included interest from repeat backer Amazon and newcomer Blackstone in Rivian.</p><p><blockquote>Rivian于10月1日申请成为美国上市公司。S-1文件当时没有披露目标股价。周一提交的一份修订文件提供了新信息,其中包括Rivian的老支持者亚马逊和新来者黑石的兴趣。</blockquote></p><p> Amazon, funds and accounts advised by T. Rowe Price Associates, Coatue Management, Franklin Templeton, Capital Research Global Investors, D1 Capital Partners LP, Third Point LLC, funds affiliated with Blackstone Alternative Asset Management, Dragoneer Investment Group LLC and certain entities affiliated with Soros Fund Management LLC have indicated an interest in buying up to $5 billion of shares of Class A common stock.</p><p><blockquote>亚马逊、T.Rowe Price Associates、Coatue Management、Franklin Templeton、Capital Research Global Investors、D1 Capital Partners LP、Third Point LLC、Blackstone Alternative Asset Management附属基金、Dragoneer Investment Group LLC以及索罗斯基金附属某些实体提供咨询的基金和账户管理有限责任公司已表示有兴趣购买最多50亿美元的A类普通股。</blockquote></p><p> A recent filing by Amazon shows the e-commerce giant already holds a 20% stake in Rivian.</p><p><blockquote>亚马逊最近提交的一份文件显示,这家电子商务巨头已经持有Rivian 20%的股份。</blockquote></p><p> Rivian's filing was been one of the most anticipated of the year; now attention has turned to its public debut on the Nasdaq exchange. Rivian will trade under the ticker symbol RIVN.</p><p><blockquote>Rivian的申请是今年最受期待的申请之一;现在人们的注意力转向了它在纳斯达克交易所的首次公开亮相。Rivian将以股票代码RIVN进行交易。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/electric-vehicle-maker-rivian-seeks-231423387.html\">TechCrunch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/electric-vehicle-maker-rivian-seeks-231423387.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129056623","content_text":"Electric vehicle startup Rivian hopes to raise up $8.4 billion in its initial public offering, according to aregulatory filing posted Monday.\nThe company, which is backed by Amazon, said in the filing that it plans to offer 135 million shares at a price between $57 and $62. Underwriters also have an option to buy up to 20.25 million additional shares. If underwriters exercise that option, Rivian would raise as much as $9.6 billion.\nBased on the number of outstanding shares, that would put its market valuation at about $53 billion. If employee stock options and other restricted shares are considered, Rivian's valuation could be as high as $60 billion.\nRivian filed October 1 to become a publicly traded company in the United States. The S-1 document did not disclose the targeted share price at the time. An amended document filed Monday provided the new information, which included interest from repeat backer Amazon and newcomer Blackstone in Rivian.\nAmazon, funds and accounts advised by T. Rowe Price Associates, Coatue Management, Franklin Templeton, Capital Research Global Investors, D1 Capital Partners LP, Third Point LLC, funds affiliated with Blackstone Alternative Asset Management, Dragoneer Investment Group LLC and certain entities affiliated with Soros Fund Management LLC have indicated an interest in buying up to $5 billion of shares of Class A common stock.\nA recent filing by Amazon shows the e-commerce giant already holds a 20% stake in Rivian.\nRivian's filing was been one of the most anticipated of the year; now attention has turned to its public debut on the Nasdaq exchange. Rivian will trade under the ticker symbol RIVN.","news_type":1,"symbols_score_info":{"AMZN":0.9,"RIVN":0.9}},"isVote":1,"tweetType":1,"viewCount":2252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849097991,"gmtCreate":1635698284458,"gmtModify":1635698284735,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"hehw","listText":"hehw","text":"hehw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849097991","repostId":"2179471352","repostType":4,"repost":{"id":"2179471352","kind":"highlight","pubTimestamp":1635566092,"share":"https://www.laohu8.com/m/news/2179471352?lang=zh_CN&edition=full","pubTime":"2021-10-30 11:54","market":"us","language":"en","title":"Opinion:Here's the math for Tesla's stock price if it becomes the Apple of car makers<blockquote>观点:如果特斯拉成为汽车制造商的苹果,其股价的计算结果如下</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2179471352","media":"Market watch","summary":"For those that don’t know, in the early 2000s it was unimaginable that these legacy mobile phone manufacturers could disappear. In 2006, Research in Motion , the company making BlackBerrys, lost a patent suit against NTP and a U.S. District Court judge slapped an injunction on sales. The Defense Department stepped in, claiming that a Blackberry injunction was a threat to national security. Meanwhile, industry leader Nokia held a 40% market share and by the end of 2007 sported a $230 billion mark","content":"<p>Fans and shareholders of Tesla are making stronger and louder arguments about the future of their favorite company. In them, they draw analogies to one of the most successful brands and businesses in the history of capitalism. They suggest that automaking may go the way of handset manufacturing and that – for TeslaTSLA,+3.43%– there is a strong resemblance to the AppleAAPL,-1.82%vs. Nokia/Blackberry/Ericsson/Motorola dynamic.</p><p><blockquote>特斯拉的粉丝和股东正在就他们最喜欢的公司的未来进行更强烈、更响亮的争论。在这些书中,他们将资本主义历史上最成功的品牌和企业之一进行了类比。他们表示,汽车制造可能会走手机制造的道路,而特斯拉TSLA(+3.43%)与苹果AAPL(-1.82%)有很大相似之处。诺基亚/黑莓/爱立信/摩托罗拉动态。</blockquote></p><p> For those that don’t know, in the early 2000s it was unimaginable that these legacy mobile phone manufacturers could disappear. In 2006, Research in Motion (RIM), the company making BlackBerrys, lost a patent suit against NTP and a U.S. District Court judge slapped an injunction on sales. The Defense Department stepped in, claiming that a Blackberry injunction was a threat to national security. Meanwhile, industry leader Nokia held a 40% market share and by the end of 2007 sported a $230 billion market cap.</p><p><blockquote>对于那些不知道的人来说,在21世纪初,这些传统手机制造商会消失是不可想象的。2006年,制造黑莓手机的Research in Motion(RIM)在针对NTP的专利诉讼中败诉,美国地方法院法官发布了销售禁令。国防部介入,声称黑莓禁令对国家安全构成威胁。与此同时,行业领导者诺基亚占据了40%的市场份额,到2007年底,市值达到2300亿美元。</blockquote></p><p> But something else happened in 2007.</p><p><blockquote>但2007年发生了另一件事。</blockquote></p><p> Steve Jobs introduced the iPhone.</p><p><blockquote>史蒂夫·乔布斯推出了iPhone。</blockquote></p><p> And that changed the game for Nokia, Blackberry and the entire industry, forever.</p><p><blockquote>这永远改变了诺基亚、黑莓和整个行业的游戏规则。</blockquote></p><p> Coincidentally, Jobs introduced that iPhone seven months after Tesla introduced the Roadster at the San Francisco International Auto Show. Fast forward to 2021, and the bulls are suggesting that Apple’s overwhelming success in handset manufacturing can be mirrored in automobile manufacturing by Elon Musk’s Tesla.</p><p><blockquote>巧合的是,乔布斯在特斯拉在三藩市国际车展上推出Roadster七个月后推出了iPhone。快进到2021年,看涨者认为,苹果在手机制造领域取得的压倒性成功可以通过Elon Musk的特斯拉在汽车制造领域得到体现。</blockquote></p><p> For this to happen, let’s first assume that within 15 years buyers will demand a broadly similar “form factor” for any vehicle. Today, there are 250 brands of cars sold to fit all appetites and budgets, and perhaps over 1,000 trims. Meanwhile, thanks to the iPhone, handset hardware has gone from a myriad of styles, sizes and forms to basically one.</p><p><blockquote>为了实现这一点,让我们首先假设在15年内,买家将要求任何车辆具有大致相似的“外形”。如今,有250个品牌的汽车可满足各种需求和预算,或许还有1,000多种装饰。与此同时,多亏了iPhone,手机硬件已经从无数的风格、尺寸和形式变成了基本上只有一种。</blockquote></p><p> Similarly, let’s imagine that the production and value of automobiles and light trucks will become less about the style or performance that is demanded and instead mostly about the software inside the vehicle.</p><p><blockquote>同样,让我们想象一下,汽车和轻型卡车的生产和价值将不再取决于所需的风格或性能,而是主要取决于车辆内部的软件。</blockquote></p><p> Finally (and this is a huge debate, but) let’s presuppose that Tesla will have better software – most importantly better autonomous driving capability – than any other vendor or manufacturer, whether in Silicon Valley, Detroit, Wolfsburg or elsewhere.</p><p><blockquote>最后(这是一个巨大的争论,但是)让我们假设特斯拉将拥有比任何其他供应商或制造商更好的软件——最重要的是更好的自动驾驶能力——无论是在硅谷、底特律、沃尔夫斯堡还是其他地方。</blockquote></p><p> In other words, let’s assume that Tesla is going to become the Apple of automakers.</p><p><blockquote>换句话说,让我们假设特斯拉将成为汽车制造商的苹果。</blockquote></p><p> To do this, we need to ignore that Apple is not just a handset manufacturer. In the first three quarters this year, it reported over $150 billion of iPhone sales, which represented 55% of total sales. It also reported sales from the “Services” segment, which included sales from advertising, digital content, AppleCare and other lines. If we assume all that revenue was driven by the iPhone (even though not all was), then we get the iPhone representing about 65%-70% of Apple’s sales.</p><p><blockquote>要做到这一点,我们需要忽略苹果不仅仅是一家手机制造商。今年前三季度,iPhone销售额超过1500亿美元,占总销售额的55%。它还报告了“服务”部门的销售额,其中包括广告、数字内容、AppleCare和其他产品线的销售额。如果我们假设所有收入都是由iPhone推动的(尽管不是全部),那么我们得到的iPhone约占苹果销售额的65%-70%。</blockquote></p><p> This implies Apple has a substantial business (about $110 billion this year) selling Macs, iPads, wearables and accessories too. So in our “Tesla is Apple” analogy, we need to assume that Tesla will make similar extensions into new products.</p><p><blockquote>这意味着苹果也有大量销售Mac、iPad、可穿戴设备和配件的业务(今年约1100亿美元)。因此,在我们的“特斯拉就是苹果”类比中,我们需要假设特斯拉将在新产品中进行类似的扩展。</blockquote></p><p> We also need to ignore that most of the profit for Apple in handsets comes from mobile advertising and app sales, much of which Apple reports in that services segment noted above. Again, to stay in our framework, we also need to believe that Tesla would generate something similar via its over-the-air updates or its own app store.</p><p><blockquote>我们还需要忽略这样一个事实,即苹果在手机领域的大部分利润来自移动广告和应用程序销售,其中大部分是苹果在上述服务部门报告的。同样,为了留在我们的框架中,我们还需要相信特斯拉会通过其无线更新或自己的应用商店生成类似的东西。</blockquote></p><p> Making all these assumptions, then future margins in “automaking” – for at least one manufacturer – could theoretically start trending up toward the margins generated today by Apple.</p><p><blockquote>做出所有这些假设,那么“汽车制造”的未来利润率——至少一家制造商——理论上可能会开始向苹果今天产生的利润率上升。</blockquote></p><p> So in terms of handset market share, people around the world are going to buy approximately 1.4 billion handsets this year, and the average selling price will be about $320. Apple has about 16% of the global market, and will sell about 225 million iPhones.</p><p><blockquote>因此,就手机市场份额而言,今年世界各地的人们将购买大约14亿部手机,平均售价约为320美元。苹果拥有全球约16%的市场份额,将售出约2.25亿部iPhone。</blockquote></p><p> Just guessing here, but if these iPhones are sold at an average price of $890, then the average price of all the other phones sold in the world needs to be about $125 for the math to make sense. And because Apple can sell its iPhone at such a huge premium and produce remarkable revenues from advertising and app store sales, it generates a whopping 24% earnings margin.</p><p><blockquote>这里只是猜测,但如果这些iPhones的平均售价为890美元,那么世界上销售的所有其他手机的平均价格需要在125美元左右,数学才有意义。由于苹果可以以如此高的溢价出售其iPhone,并从广告和应用商店销售中产生可观的收入,因此它的利润率高达24%。</blockquote></p><p> In comparison, VolkswagenVOW3,-0.49%VWAPY,-2.43%,which started operations in 1938, has worked its way up to a global market share of 12.0% and generates net income margins of 5.0%.</p><p><blockquote>相比之下,大众汽车VOW3,-0.49%VWAPY,-2.43%于1938年开始运营,全球市场份额已升至12.0%,净利润率为5.0%。</blockquote></p><p> Toyota7203,+0.33%TM,+0.05%,which also started operations in 1938, also has a global market share of 12.0% and generates even better net income margins of approximately 7.0%.</p><p><blockquote>同样于1938年开始运营的丰田7203,+0.33%TM,+0.05%,全球市场份额也为12.0%,净利润率甚至更高,约为7.0%。</blockquote></p><p> Nokia, for what it is worth, generated 14% net margins before the iPhone changed the game. In other words, even before Apple showed up, handset manufacturing was over twice as profitable for market leaders as making cars.</p><p><blockquote>就其价值而言,在iPhone改变游戏规则之前,诺基亚的净利润率为14%。换句话说,即使在苹果出现之前,市场领导者制造手机的利润也是制造汽车的两倍多。</blockquote></p><p></p><p> Anyway, folks around the world will buy about 75 million new cars this year, and at an average price of $30,000 (ballpark) this works out to over $2.2 trillion in sales. This is about five times larger than the handset market, which will come in at about $450 million. Toyota and Volkswagen are the largest – and best in class – scale automobile manufacturers in the world. Other groups, including FordF,+1.30%,Stellantis (FCA/Peugeot)STLA,-0.50%,DaimlerDAI,+2.25%,General MotorsGM,+0.35%,Honda7267,-0.53%HMC,-0.40%,BMWBMW,-0.11%and many others also have significant share.</p><p><blockquote>无论如何,今年世界各地的人们将购买约7500万辆新车,按平均价格3万美元(大概)计算,销售额将超过2.2万亿美元。这大约是手机市场的五倍,手机市场的收入约为4.5亿美元。丰田和大众是世界上最大也是同类规模最好的汽车制造商。其他集团,包括福特F,+1.30%,Stellantis(FCA/Peugeot)STLA,-0.50%,戴姆勒DAI,+2.25%,通用汽车GM,+0.35%,本田7267,-0.53%HMC,-0.40%,宝马BMW,-0.11%和许多其他公司也拥有很大的份额。</blockquote></p><p> This year, Tesla will sell about a million cars, representing a global market share of 1.3%.</p><p><blockquote>今年,特斯拉将销售约100万辆汽车,占全球市场份额1.3%。</blockquote></p><p> And dare I say that each of Tesla’s competitors will be loath to surrender more market share, thus the huge amount of R&D and capital spending they will devote to the upcoming transition to electric vehicles (EVs). On the CAPEX metric alone, we can see that these competitors will actually spend more next year than Tesla.</p><p><blockquote>我敢说,特斯拉的每个竞争对手都不愿意放弃更多的市场份额,因此他们将投入大量的研发和资本支出来实现即将到来的电动汽车(EV)转型。仅在资本支出指标上,我们就可以看到这些竞争对手明年的支出实际上将超过特斯拉。</blockquote></p><p> A lot more.</p><p><blockquote>更多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c0b0383d691f139a5d04a2a94c2bd399\" tg-width=\"699\" tg-height=\"481\" referrerpolicy=\"no-referrer\">ALBERT BRIDGE CAPITAL</p><p><blockquote>阿尔伯特桥资本</blockquote></p><p> But still, let’s assume all the legacy automakers fail to maintain share. Let’s also envision that most of the profits in the industry will eventually go to Tesla (as they have in handsets to Apple).</p><p><blockquote>但我们仍然假设所有传统汽车制造商都未能保持份额。让我们也想象一下,该行业的大部分利润最终将流向特斯拉(就像手机流向苹果一样)。</blockquote></p><p> As a baseline, analysts anticipate that Tesla will generate over $50 billion in sales this year. Over 85% of these sales are related to its automotive business.</p><p><blockquote>作为基线,分析师预计特斯拉今年的销售额将超过500亿美元。超过85%的销售额与其汽车业务相关。</blockquote></p><p> In 2035, if EVs represents 95% of all new cars sold, and Tesla has the same 16% market share as Apple does today (significantly eclipsing that of VW or Toyota), it will be producing 22 million cars and light trucks, and generating sales of over $1 trillion.</p><p><blockquote>到2035年,如果电动汽车占所有新车销量的95%,并且特斯拉拥有与苹果今天相同的16%市场份额(显着超过大众或丰田),那么它将生产2200万辆汽车和轻型卡车,并产生超过1万亿美元的销售额。</blockquote></p><p> This year, analysts anticipate that Tesla will generate nearly $7 billion in adjusted net income (which will include approximately $1.2 billion in profits driven by regulatory credits).</p><p><blockquote>今年,分析师预计特斯拉将产生近70亿美元的调整后净利润(其中包括监管信贷推动的约12亿美元利润)。</blockquote></p><p> If Tesla were able to generate the same 24% net earnings margin as Apple does today (remember VW is at 5% and Toyota at 7%), then it would produce about $250 billion of earnings in 2035.</p><p><blockquote>如果特斯拉能够像苹果今天一样产生24%的净利润率(记住大众为5%,丰田为7%),那么它将在2035年产生约2500亿美元的收益。</blockquote></p><p> As Tesla has grown from zero to one million cars, it has built production facilities in Freemont, Shanghai and soon Austin; battery-producing gigafactories in Nevada, Buffalo, Germany and Austin again; and other manufacturing and tooling facilities in Michigan, Ontario, Shanghai, two more in California and three more in Germany.</p><p><blockquote>随着特斯拉汽车从零增长到100万辆,它在Freemont、Shanghai和很快的Austin建立了生产设施;再次在内华达州、布法罗、德国和奥斯汀建立电池生产超级工厂;以及位于密歇根州、安大略省、上海的其他制造和模具工厂,另外两个位于加利福尼亚州,另外三个位于德国。</blockquote></p><p> To finance this expansion, Tesla went from 35 million diluted shares in 2009 to 641 million in 2015 to over 1.1 billion today. Of course some of these went to key executives in the firm as compensation, but for the most part, this share issuance helped to finance the firm’s stunning growth to date.</p><p><blockquote>为了为此次扩张提供资金,特斯拉稀释后的股份从2009年的3500万股增加到2015年的6.41亿股,再到如今的超过11亿股。当然,其中一些作为薪酬给了公司的关键高管,但在很大程度上,这次股票发行有助于为公司迄今为止的惊人增长提供资金。</blockquote></p><p> And if Tesla is going to build over 20 million units a year (up from about 1 million this year), this will require a lot more capital. But given its strong share price and internal cash flow generation, let’s assume that the rate of new share issuance at Tesla will slow dramatically, to just 1.5% new shares per year. At this rate, they would have “only” 1.4 billion shares in 2035.</p><p><blockquote>如果特斯拉打算每年生产超过2000万辆汽车(今年约为100万辆),这将需要更多的资金。但鉴于其强劲的股价和内部现金流产生,我们假设特斯拉的新股发行速度将大幅放缓,至每年仅1.5%的新股发行速度。按照这个速度,到2035年他们将“只有”14亿股。</blockquote></p><p> And in that year, on production of 22 million vehicles at an average selling price of $46,000 (again, our guess) and doing 24% net earnings margins, this $250 billion of earnings would work out to about $178 per share.</p><p><blockquote>那一年,生产了2200万辆汽车,平均售价为46,000美元(这也是我们的猜测),净利润率为24%,这2500亿美元的收益相当于每股178美元。</blockquote></p><p> Given Tesla’s domination in this scenario where it maxes out its market share, the only negative is that it would no longer be a secular story, but one more exposed to the cyclical nature of automaking. So its huge amount of revenue and income would naturally be growing much more slowly by then. But, again for the sake of this exercise, let’s assume that Tesla will still find a way to continue to generate a consistent 10% EPS growth on that $250 billion number.</p><p><blockquote>鉴于特斯拉在这种最大化其市场份额的情况下占据主导地位,唯一的负面影响是它将不再是一个长期的故事,而是一个更加暴露于汽车制造周期性的故事。因此,到那时其巨额收入和收入的增长自然会慢得多。但是,为了这次练习,让我们再次假设特斯拉仍然会找到一种方法,在2500亿美元的数字上继续实现10%的每股收益持续增长。</blockquote></p><p> And despite this slowing, let’s also assume that investors will want to pay a P/E ratio of over 20 for a now huge and cyclical business.</p><p><blockquote>尽管经济放缓,我们也假设投资者愿意为现在庞大且周期性的业务支付超过20的市盈率。</blockquote></p><p> On a P/E of 22.5, that would work out to a market cap of $5.6 trillion, and a share price of $4,000.</p><p><blockquote>市盈率为22.5,市值为5.6万亿美元,股价为4000美元。</blockquote></p><p> These are big numbers. And despite what we hear from the more optimistic of the Tesla bulls, let’s also assume that today’s shareholders only hope to make 10% per year between now and 2035.</p><p><blockquote>这些都是很大的数字。尽管我们从更乐观的特斯拉多头那里听到了什么,但我们也假设今天的股东只希望从现在到2035年每年赚取10%的利润。</blockquote></p><p> If we discount that $4,000 by 10% back to today, the shares are worth $1,050.</p><p><blockquote>如果我们将4,000美元折价10%回到今天,股票价值1,050美元。</blockquote></p><p> That is pretty close to where we are right now.</p><p><blockquote>这与我们现在的位置非常接近。</blockquote></p><p> So all that above is what needs to happen for $1,050 to be a fair share price today.</p><p><blockquote>因此,要使1,050美元成为今天的公平股价,上述所有这些都需要发生。</blockquote></p><p> Doubters, admittedly like us, will suggest that the execution risk is tremendous, and these market shares (and particularly the margins) may be impossible.</p><p><blockquote>诚然,像我们一样,怀疑者会认为执行风险是巨大的,这些市场份额(尤其是利润率)可能是不可能的。</blockquote></p><p></p><p> Yet, despite the fact that we actually can’t ignore the differences between the mobile phone and automobile industries noted above, the believers – who may indeed be right – will literally need to see Apple-esque industry dynamics, market shares and earnings margins for this all to make sense.</p><p><blockquote>然而,尽管我们实际上不能忽视上述手机和汽车行业之间的差异,但信徒们——他们可能确实是对的——确实需要看到苹果式的行业动态、市场份额和利润率,这一切才有意义。</blockquote></p><p> It is also important to consider that for there to be even more upside in the shares from current levels, Tesla will actually have to exceed everything that Apple has accomplished.</p><p><blockquote>同样重要的是要考虑到,为了使股价在当前水平上有更大的上涨空间,特斯拉实际上必须超越苹果所取得的一切成就。</blockquote></p><p> Whether a bull or a bear, there is no doubting that what Musk has achieved thus far has been nothing short of incredible. Five years ago, few would have thought it even possible that Hertz would order 100,000 Teslas in a single order for its car rental fleet, or that Tesla would produce and sell a million cars in a single year.</p><p><blockquote>无论是牛市还是熊市,毫无疑问,马斯克迄今为止所取得的成就简直令人难以置信。五年前,很少有人会想到赫兹会为其汽车租赁车队单次订购10万辆特斯拉,或者特斯拉会在一年内生产和销售100万辆汽车。</blockquote></p><p> He will continue to do incredible things. He has changed the world and the mindset of his competitors. None of that is in question. The future that his share price is discounting is the question we are asking today.</p><p><blockquote>他将继续做不可思议的事情。他改变了世界,也改变了竞争对手的心态。这些都不是问题。他的股价打折的未来是我们今天要问的问题。</blockquote></p><p></p>","source":"lsy1616996754749","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>Opinion:Here's the math for Tesla's stock price if it becomes the Apple of car makers<blockquote>观点:如果特斯拉成为汽车制造商的苹果,其股价的计算结果如下</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion:Here's the math for Tesla's stock price if it becomes the Apple of car makers<blockquote>观点:如果特斯拉成为汽车制造商的苹果,其股价的计算结果如下</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market watch</strong><span class=\"h-time small\">2021-10-30 11:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Fans and shareholders of Tesla are making stronger and louder arguments about the future of their favorite company. In them, they draw analogies to one of the most successful brands and businesses in the history of capitalism. They suggest that automaking may go the way of handset manufacturing and that – for TeslaTSLA,+3.43%– there is a strong resemblance to the AppleAAPL,-1.82%vs. Nokia/Blackberry/Ericsson/Motorola dynamic.</p><p><blockquote>特斯拉的粉丝和股东正在就他们最喜欢的公司的未来进行更强烈、更响亮的争论。在这些书中,他们将资本主义历史上最成功的品牌和企业之一进行了类比。他们表示,汽车制造可能会走手机制造的道路,而特斯拉TSLA(+3.43%)与苹果AAPL(-1.82%)有很大相似之处。诺基亚/黑莓/爱立信/摩托罗拉动态。</blockquote></p><p> For those that don’t know, in the early 2000s it was unimaginable that these legacy mobile phone manufacturers could disappear. In 2006, Research in Motion (RIM), the company making BlackBerrys, lost a patent suit against NTP and a U.S. District Court judge slapped an injunction on sales. The Defense Department stepped in, claiming that a Blackberry injunction was a threat to national security. Meanwhile, industry leader Nokia held a 40% market share and by the end of 2007 sported a $230 billion market cap.</p><p><blockquote>对于那些不知道的人来说,在21世纪初,这些传统手机制造商会消失是不可想象的。2006年,制造黑莓手机的Research in Motion(RIM)在针对NTP的专利诉讼中败诉,美国地方法院法官发布了销售禁令。国防部介入,声称黑莓禁令对国家安全构成威胁。与此同时,行业领导者诺基亚占据了40%的市场份额,到2007年底,市值达到2300亿美元。</blockquote></p><p> But something else happened in 2007.</p><p><blockquote>但2007年发生了另一件事。</blockquote></p><p> Steve Jobs introduced the iPhone.</p><p><blockquote>史蒂夫·乔布斯推出了iPhone。</blockquote></p><p> And that changed the game for Nokia, Blackberry and the entire industry, forever.</p><p><blockquote>这永远改变了诺基亚、黑莓和整个行业的游戏规则。</blockquote></p><p> Coincidentally, Jobs introduced that iPhone seven months after Tesla introduced the Roadster at the San Francisco International Auto Show. Fast forward to 2021, and the bulls are suggesting that Apple’s overwhelming success in handset manufacturing can be mirrored in automobile manufacturing by Elon Musk’s Tesla.</p><p><blockquote>巧合的是,乔布斯在特斯拉在三藩市国际车展上推出Roadster七个月后推出了iPhone。快进到2021年,看涨者认为,苹果在手机制造领域取得的压倒性成功可以通过Elon Musk的特斯拉在汽车制造领域得到体现。</blockquote></p><p> For this to happen, let’s first assume that within 15 years buyers will demand a broadly similar “form factor” for any vehicle. Today, there are 250 brands of cars sold to fit all appetites and budgets, and perhaps over 1,000 trims. Meanwhile, thanks to the iPhone, handset hardware has gone from a myriad of styles, sizes and forms to basically one.</p><p><blockquote>为了实现这一点,让我们首先假设在15年内,买家将要求任何车辆具有大致相似的“外形”。如今,有250个品牌的汽车可满足各种需求和预算,或许还有1,000多种装饰。与此同时,多亏了iPhone,手机硬件已经从无数的风格、尺寸和形式变成了基本上只有一种。</blockquote></p><p> Similarly, let’s imagine that the production and value of automobiles and light trucks will become less about the style or performance that is demanded and instead mostly about the software inside the vehicle.</p><p><blockquote>同样,让我们想象一下,汽车和轻型卡车的生产和价值将不再取决于所需的风格或性能,而是主要取决于车辆内部的软件。</blockquote></p><p> Finally (and this is a huge debate, but) let’s presuppose that Tesla will have better software – most importantly better autonomous driving capability – than any other vendor or manufacturer, whether in Silicon Valley, Detroit, Wolfsburg or elsewhere.</p><p><blockquote>最后(这是一个巨大的争论,但是)让我们假设特斯拉将拥有比任何其他供应商或制造商更好的软件——最重要的是更好的自动驾驶能力——无论是在硅谷、底特律、沃尔夫斯堡还是其他地方。</blockquote></p><p> In other words, let’s assume that Tesla is going to become the Apple of automakers.</p><p><blockquote>换句话说,让我们假设特斯拉将成为汽车制造商的苹果。</blockquote></p><p> To do this, we need to ignore that Apple is not just a handset manufacturer. In the first three quarters this year, it reported over $150 billion of iPhone sales, which represented 55% of total sales. It also reported sales from the “Services” segment, which included sales from advertising, digital content, AppleCare and other lines. If we assume all that revenue was driven by the iPhone (even though not all was), then we get the iPhone representing about 65%-70% of Apple’s sales.</p><p><blockquote>要做到这一点,我们需要忽略苹果不仅仅是一家手机制造商。今年前三季度,iPhone销售额超过1500亿美元,占总销售额的55%。它还报告了“服务”部门的销售额,其中包括广告、数字内容、AppleCare和其他产品线的销售额。如果我们假设所有收入都是由iPhone推动的(尽管不是全部),那么我们得到的iPhone约占苹果销售额的65%-70%。</blockquote></p><p> This implies Apple has a substantial business (about $110 billion this year) selling Macs, iPads, wearables and accessories too. So in our “Tesla is Apple” analogy, we need to assume that Tesla will make similar extensions into new products.</p><p><blockquote>这意味着苹果也有大量销售Mac、iPad、可穿戴设备和配件的业务(今年约1100亿美元)。因此,在我们的“特斯拉就是苹果”类比中,我们需要假设特斯拉将在新产品中进行类似的扩展。</blockquote></p><p> We also need to ignore that most of the profit for Apple in handsets comes from mobile advertising and app sales, much of which Apple reports in that services segment noted above. Again, to stay in our framework, we also need to believe that Tesla would generate something similar via its over-the-air updates or its own app store.</p><p><blockquote>我们还需要忽略这样一个事实,即苹果在手机领域的大部分利润来自移动广告和应用程序销售,其中大部分是苹果在上述服务部门报告的。同样,为了留在我们的框架中,我们还需要相信特斯拉会通过其无线更新或自己的应用商店生成类似的东西。</blockquote></p><p> Making all these assumptions, then future margins in “automaking” – for at least one manufacturer – could theoretically start trending up toward the margins generated today by Apple.</p><p><blockquote>做出所有这些假设,那么“汽车制造”的未来利润率——至少一家制造商——理论上可能会开始向苹果今天产生的利润率上升。</blockquote></p><p> So in terms of handset market share, people around the world are going to buy approximately 1.4 billion handsets this year, and the average selling price will be about $320. Apple has about 16% of the global market, and will sell about 225 million iPhones.</p><p><blockquote>因此,就手机市场份额而言,今年世界各地的人们将购买大约14亿部手机,平均售价约为320美元。苹果拥有全球约16%的市场份额,将售出约2.25亿部iPhone。</blockquote></p><p> Just guessing here, but if these iPhones are sold at an average price of $890, then the average price of all the other phones sold in the world needs to be about $125 for the math to make sense. And because Apple can sell its iPhone at such a huge premium and produce remarkable revenues from advertising and app store sales, it generates a whopping 24% earnings margin.</p><p><blockquote>这里只是猜测,但如果这些iPhones的平均售价为890美元,那么世界上销售的所有其他手机的平均价格需要在125美元左右,数学才有意义。由于苹果可以以如此高的溢价出售其iPhone,并从广告和应用商店销售中产生可观的收入,因此它的利润率高达24%。</blockquote></p><p> In comparison, VolkswagenVOW3,-0.49%VWAPY,-2.43%,which started operations in 1938, has worked its way up to a global market share of 12.0% and generates net income margins of 5.0%.</p><p><blockquote>相比之下,大众汽车VOW3,-0.49%VWAPY,-2.43%于1938年开始运营,全球市场份额已升至12.0%,净利润率为5.0%。</blockquote></p><p> Toyota7203,+0.33%TM,+0.05%,which also started operations in 1938, also has a global market share of 12.0% and generates even better net income margins of approximately 7.0%.</p><p><blockquote>同样于1938年开始运营的丰田7203,+0.33%TM,+0.05%,全球市场份额也为12.0%,净利润率甚至更高,约为7.0%。</blockquote></p><p> Nokia, for what it is worth, generated 14% net margins before the iPhone changed the game. In other words, even before Apple showed up, handset manufacturing was over twice as profitable for market leaders as making cars.</p><p><blockquote>就其价值而言,在iPhone改变游戏规则之前,诺基亚的净利润率为14%。换句话说,即使在苹果出现之前,市场领导者制造手机的利润也是制造汽车的两倍多。</blockquote></p><p></p><p> Anyway, folks around the world will buy about 75 million new cars this year, and at an average price of $30,000 (ballpark) this works out to over $2.2 trillion in sales. This is about five times larger than the handset market, which will come in at about $450 million. Toyota and Volkswagen are the largest – and best in class – scale automobile manufacturers in the world. Other groups, including FordF,+1.30%,Stellantis (FCA/Peugeot)STLA,-0.50%,DaimlerDAI,+2.25%,General MotorsGM,+0.35%,Honda7267,-0.53%HMC,-0.40%,BMWBMW,-0.11%and many others also have significant share.</p><p><blockquote>无论如何,今年世界各地的人们将购买约7500万辆新车,按平均价格3万美元(大概)计算,销售额将超过2.2万亿美元。这大约是手机市场的五倍,手机市场的收入约为4.5亿美元。丰田和大众是世界上最大也是同类规模最好的汽车制造商。其他集团,包括福特F,+1.30%,Stellantis(FCA/Peugeot)STLA,-0.50%,戴姆勒DAI,+2.25%,通用汽车GM,+0.35%,本田7267,-0.53%HMC,-0.40%,宝马BMW,-0.11%和许多其他公司也拥有很大的份额。</blockquote></p><p> This year, Tesla will sell about a million cars, representing a global market share of 1.3%.</p><p><blockquote>今年,特斯拉将销售约100万辆汽车,占全球市场份额1.3%。</blockquote></p><p> And dare I say that each of Tesla’s competitors will be loath to surrender more market share, thus the huge amount of R&D and capital spending they will devote to the upcoming transition to electric vehicles (EVs). On the CAPEX metric alone, we can see that these competitors will actually spend more next year than Tesla.</p><p><blockquote>我敢说,特斯拉的每个竞争对手都不愿意放弃更多的市场份额,因此他们将投入大量的研发和资本支出来实现即将到来的电动汽车(EV)转型。仅在资本支出指标上,我们就可以看到这些竞争对手明年的支出实际上将超过特斯拉。</blockquote></p><p> A lot more.</p><p><blockquote>更多。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/c0b0383d691f139a5d04a2a94c2bd399\" tg-width=\"699\" tg-height=\"481\" referrerpolicy=\"no-referrer\">ALBERT BRIDGE CAPITAL</p><p><blockquote>阿尔伯特桥资本</blockquote></p><p> But still, let’s assume all the legacy automakers fail to maintain share. Let’s also envision that most of the profits in the industry will eventually go to Tesla (as they have in handsets to Apple).</p><p><blockquote>但我们仍然假设所有传统汽车制造商都未能保持份额。让我们也想象一下,该行业的大部分利润最终将流向特斯拉(就像手机流向苹果一样)。</blockquote></p><p> As a baseline, analysts anticipate that Tesla will generate over $50 billion in sales this year. Over 85% of these sales are related to its automotive business.</p><p><blockquote>作为基线,分析师预计特斯拉今年的销售额将超过500亿美元。超过85%的销售额与其汽车业务相关。</blockquote></p><p> In 2035, if EVs represents 95% of all new cars sold, and Tesla has the same 16% market share as Apple does today (significantly eclipsing that of VW or Toyota), it will be producing 22 million cars and light trucks, and generating sales of over $1 trillion.</p><p><blockquote>到2035年,如果电动汽车占所有新车销量的95%,并且特斯拉拥有与苹果今天相同的16%市场份额(显着超过大众或丰田),那么它将生产2200万辆汽车和轻型卡车,并产生超过1万亿美元的销售额。</blockquote></p><p> This year, analysts anticipate that Tesla will generate nearly $7 billion in adjusted net income (which will include approximately $1.2 billion in profits driven by regulatory credits).</p><p><blockquote>今年,分析师预计特斯拉将产生近70亿美元的调整后净利润(其中包括监管信贷推动的约12亿美元利润)。</blockquote></p><p> If Tesla were able to generate the same 24% net earnings margin as Apple does today (remember VW is at 5% and Toyota at 7%), then it would produce about $250 billion of earnings in 2035.</p><p><blockquote>如果特斯拉能够像苹果今天一样产生24%的净利润率(记住大众为5%,丰田为7%),那么它将在2035年产生约2500亿美元的收益。</blockquote></p><p> As Tesla has grown from zero to one million cars, it has built production facilities in Freemont, Shanghai and soon Austin; battery-producing gigafactories in Nevada, Buffalo, Germany and Austin again; and other manufacturing and tooling facilities in Michigan, Ontario, Shanghai, two more in California and three more in Germany.</p><p><blockquote>随着特斯拉汽车从零增长到100万辆,它在Freemont、Shanghai和很快的Austin建立了生产设施;再次在内华达州、布法罗、德国和奥斯汀建立电池生产超级工厂;以及位于密歇根州、安大略省、上海的其他制造和模具工厂,另外两个位于加利福尼亚州,另外三个位于德国。</blockquote></p><p> To finance this expansion, Tesla went from 35 million diluted shares in 2009 to 641 million in 2015 to over 1.1 billion today. Of course some of these went to key executives in the firm as compensation, but for the most part, this share issuance helped to finance the firm’s stunning growth to date.</p><p><blockquote>为了为此次扩张提供资金,特斯拉稀释后的股份从2009年的3500万股增加到2015年的6.41亿股,再到如今的超过11亿股。当然,其中一些作为薪酬给了公司的关键高管,但在很大程度上,这次股票发行有助于为公司迄今为止的惊人增长提供资金。</blockquote></p><p> And if Tesla is going to build over 20 million units a year (up from about 1 million this year), this will require a lot more capital. But given its strong share price and internal cash flow generation, let’s assume that the rate of new share issuance at Tesla will slow dramatically, to just 1.5% new shares per year. At this rate, they would have “only” 1.4 billion shares in 2035.</p><p><blockquote>如果特斯拉打算每年生产超过2000万辆汽车(今年约为100万辆),这将需要更多的资金。但鉴于其强劲的股价和内部现金流产生,我们假设特斯拉的新股发行速度将大幅放缓,至每年仅1.5%的新股发行速度。按照这个速度,到2035年他们将“只有”14亿股。</blockquote></p><p> And in that year, on production of 22 million vehicles at an average selling price of $46,000 (again, our guess) and doing 24% net earnings margins, this $250 billion of earnings would work out to about $178 per share.</p><p><blockquote>那一年,生产了2200万辆汽车,平均售价为46,000美元(这也是我们的猜测),净利润率为24%,这2500亿美元的收益相当于每股178美元。</blockquote></p><p> Given Tesla’s domination in this scenario where it maxes out its market share, the only negative is that it would no longer be a secular story, but one more exposed to the cyclical nature of automaking. So its huge amount of revenue and income would naturally be growing much more slowly by then. But, again for the sake of this exercise, let’s assume that Tesla will still find a way to continue to generate a consistent 10% EPS growth on that $250 billion number.</p><p><blockquote>鉴于特斯拉在这种最大化其市场份额的情况下占据主导地位,唯一的负面影响是它将不再是一个长期的故事,而是一个更加暴露于汽车制造周期性的故事。因此,到那时其巨额收入和收入的增长自然会慢得多。但是,为了这次练习,让我们再次假设特斯拉仍然会找到一种方法,在2500亿美元的数字上继续实现10%的每股收益持续增长。</blockquote></p><p> And despite this slowing, let’s also assume that investors will want to pay a P/E ratio of over 20 for a now huge and cyclical business.</p><p><blockquote>尽管经济放缓,我们也假设投资者愿意为现在庞大且周期性的业务支付超过20的市盈率。</blockquote></p><p> On a P/E of 22.5, that would work out to a market cap of $5.6 trillion, and a share price of $4,000.</p><p><blockquote>市盈率为22.5,市值为5.6万亿美元,股价为4000美元。</blockquote></p><p> These are big numbers. And despite what we hear from the more optimistic of the Tesla bulls, let’s also assume that today’s shareholders only hope to make 10% per year between now and 2035.</p><p><blockquote>这些都是很大的数字。尽管我们从更乐观的特斯拉多头那里听到了什么,但我们也假设今天的股东只希望从现在到2035年每年赚取10%的利润。</blockquote></p><p> If we discount that $4,000 by 10% back to today, the shares are worth $1,050.</p><p><blockquote>如果我们将4,000美元折价10%回到今天,股票价值1,050美元。</blockquote></p><p> That is pretty close to where we are right now.</p><p><blockquote>这与我们现在的位置非常接近。</blockquote></p><p> So all that above is what needs to happen for $1,050 to be a fair share price today.</p><p><blockquote>因此,要使1,050美元成为今天的公平股价,上述所有这些都需要发生。</blockquote></p><p> Doubters, admittedly like us, will suggest that the execution risk is tremendous, and these market shares (and particularly the margins) may be impossible.</p><p><blockquote>诚然,像我们一样,怀疑者会认为执行风险是巨大的,这些市场份额(尤其是利润率)可能是不可能的。</blockquote></p><p></p><p> Yet, despite the fact that we actually can’t ignore the differences between the mobile phone and automobile industries noted above, the believers – who may indeed be right – will literally need to see Apple-esque industry dynamics, market shares and earnings margins for this all to make sense.</p><p><blockquote>然而,尽管我们实际上不能忽视上述手机和汽车行业之间的差异,但信徒们——他们可能确实是对的——确实需要看到苹果式的行业动态、市场份额和利润率,这一切才有意义。</blockquote></p><p> It is also important to consider that for there to be even more upside in the shares from current levels, Tesla will actually have to exceed everything that Apple has accomplished.</p><p><blockquote>同样重要的是要考虑到,为了使股价在当前水平上有更大的上涨空间,特斯拉实际上必须超越苹果所取得的一切成就。</blockquote></p><p> Whether a bull or a bear, there is no doubting that what Musk has achieved thus far has been nothing short of incredible. Five years ago, few would have thought it even possible that Hertz would order 100,000 Teslas in a single order for its car rental fleet, or that Tesla would produce and sell a million cars in a single year.</p><p><blockquote>无论是牛市还是熊市,毫无疑问,马斯克迄今为止所取得的成就简直令人难以置信。五年前,很少有人会想到赫兹会为其汽车租赁车队单次订购10万辆特斯拉,或者特斯拉会在一年内生产和销售100万辆汽车。</blockquote></p><p> He will continue to do incredible things. He has changed the world and the mindset of his competitors. None of that is in question. The future that his share price is discounting is the question we are asking today.</p><p><blockquote>他将继续做不可思议的事情。他改变了世界,也改变了竞争对手的心态。这些都不是问题。他的股价打折的未来是我们今天要问的问题。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/story/if-tesla-is-to-become-the-apple-of-car-makers-this-is-what-it-means-for-the-stock-price-and-the-business-11635513589?mod=home-page\">Market watch</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":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/if-tesla-is-to-become-the-apple-of-car-makers-this-is-what-it-means-for-the-stock-price-and-the-business-11635513589?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179471352","content_text":"Fans and shareholders of Tesla are making stronger and louder arguments about the future of their favorite company. In them, they draw analogies to one of the most successful brands and businesses in the history of capitalism. They suggest that automaking may go the way of handset manufacturing and that – for TeslaTSLA,+3.43%– there is a strong resemblance to the AppleAAPL,-1.82%vs. Nokia/Blackberry/Ericsson/Motorola dynamic.\nFor those that don’t know, in the early 2000s it was unimaginable that these legacy mobile phone manufacturers could disappear. In 2006, Research in Motion (RIM), the company making BlackBerrys, lost a patent suit against NTP and a U.S. District Court judge slapped an injunction on sales. The Defense Department stepped in, claiming that a Blackberry injunction was a threat to national security. Meanwhile, industry leader Nokia held a 40% market share and by the end of 2007 sported a $230 billion market cap.\nBut something else happened in 2007.\nSteve Jobs introduced the iPhone.\nAnd that changed the game for Nokia, Blackberry and the entire industry, forever.\nCoincidentally, Jobs introduced that iPhone seven months after Tesla introduced the Roadster at the San Francisco International Auto Show. Fast forward to 2021, and the bulls are suggesting that Apple’s overwhelming success in handset manufacturing can be mirrored in automobile manufacturing by Elon Musk’s Tesla.\nFor this to happen, let’s first assume that within 15 years buyers will demand a broadly similar “form factor” for any vehicle. Today, there are 250 brands of cars sold to fit all appetites and budgets, and perhaps over 1,000 trims. Meanwhile, thanks to the iPhone, handset hardware has gone from a myriad of styles, sizes and forms to basically one.\nSimilarly, let’s imagine that the production and value of automobiles and light trucks will become less about the style or performance that is demanded and instead mostly about the software inside the vehicle.\nFinally (and this is a huge debate, but) let’s presuppose that Tesla will have better software – most importantly better autonomous driving capability – than any other vendor or manufacturer, whether in Silicon Valley, Detroit, Wolfsburg or elsewhere.\nIn other words, let’s assume that Tesla is going to become the Apple of automakers.\nTo do this, we need to ignore that Apple is not just a handset manufacturer. In the first three quarters this year, it reported over $150 billion of iPhone sales, which represented 55% of total sales. It also reported sales from the “Services” segment, which included sales from advertising, digital content, AppleCare and other lines. If we assume all that revenue was driven by the iPhone (even though not all was), then we get the iPhone representing about 65%-70% of Apple’s sales.\nThis implies Apple has a substantial business (about $110 billion this year) selling Macs, iPads, wearables and accessories too. So in our “Tesla is Apple” analogy, we need to assume that Tesla will make similar extensions into new products.\nWe also need to ignore that most of the profit for Apple in handsets comes from mobile advertising and app sales, much of which Apple reports in that services segment noted above. Again, to stay in our framework, we also need to believe that Tesla would generate something similar via its over-the-air updates or its own app store.\nMaking all these assumptions, then future margins in “automaking” – for at least one manufacturer – could theoretically start trending up toward the margins generated today by Apple.\nSo in terms of handset market share, people around the world are going to buy approximately 1.4 billion handsets this year, and the average selling price will be about $320. Apple has about 16% of the global market, and will sell about 225 million iPhones.\nJust guessing here, but if these iPhones are sold at an average price of $890, then the average price of all the other phones sold in the world needs to be about $125 for the math to make sense. And because Apple can sell its iPhone at such a huge premium and produce remarkable revenues from advertising and app store sales, it generates a whopping 24% earnings margin.\nIn comparison, VolkswagenVOW3,-0.49%VWAPY,-2.43%,which started operations in 1938, has worked its way up to a global market share of 12.0% and generates net income margins of 5.0%.\nToyota7203,+0.33%TM,+0.05%,which also started operations in 1938, also has a global market share of 12.0% and generates even better net income margins of approximately 7.0%.\nNokia, for what it is worth, generated 14% net margins before the iPhone changed the game. In other words, even before Apple showed up, handset manufacturing was over twice as profitable for market leaders as making cars.\nAnyway, folks around the world will buy about 75 million new cars this year, and at an average price of $30,000 (ballpark) this works out to over $2.2 trillion in sales. This is about five times larger than the handset market, which will come in at about $450 million. Toyota and Volkswagen are the largest – and best in class – scale automobile manufacturers in the world. Other groups, including FordF,+1.30%,Stellantis (FCA/Peugeot)STLA,-0.50%,DaimlerDAI,+2.25%,General MotorsGM,+0.35%,Honda7267,-0.53%HMC,-0.40%,BMWBMW,-0.11%and many others also have significant share.\nThis year, Tesla will sell about a million cars, representing a global market share of 1.3%.\nAnd dare I say that each of Tesla’s competitors will be loath to surrender more market share, thus the huge amount of R&D and capital spending they will devote to the upcoming transition to electric vehicles (EVs). On the CAPEX metric alone, we can see that these competitors will actually spend more next year than Tesla.\nA lot more.\nALBERT BRIDGE CAPITAL\nBut still, let’s assume all the legacy automakers fail to maintain share. Let’s also envision that most of the profits in the industry will eventually go to Tesla (as they have in handsets to Apple).\nAs a baseline, analysts anticipate that Tesla will generate over $50 billion in sales this year. Over 85% of these sales are related to its automotive business.\nIn 2035, if EVs represents 95% of all new cars sold, and Tesla has the same 16% market share as Apple does today (significantly eclipsing that of VW or Toyota), it will be producing 22 million cars and light trucks, and generating sales of over $1 trillion.\nThis year, analysts anticipate that Tesla will generate nearly $7 billion in adjusted net income (which will include approximately $1.2 billion in profits driven by regulatory credits).\nIf Tesla were able to generate the same 24% net earnings margin as Apple does today (remember VW is at 5% and Toyota at 7%), then it would produce about $250 billion of earnings in 2035.\nAs Tesla has grown from zero to one million cars, it has built production facilities in Freemont, Shanghai and soon Austin; battery-producing gigafactories in Nevada, Buffalo, Germany and Austin again; and other manufacturing and tooling facilities in Michigan, Ontario, Shanghai, two more in California and three more in Germany.\nTo finance this expansion, Tesla went from 35 million diluted shares in 2009 to 641 million in 2015 to over 1.1 billion today. Of course some of these went to key executives in the firm as compensation, but for the most part, this share issuance helped to finance the firm’s stunning growth to date.\nAnd if Tesla is going to build over 20 million units a year (up from about 1 million this year), this will require a lot more capital. But given its strong share price and internal cash flow generation, let’s assume that the rate of new share issuance at Tesla will slow dramatically, to just 1.5% new shares per year. At this rate, they would have “only” 1.4 billion shares in 2035.\nAnd in that year, on production of 22 million vehicles at an average selling price of $46,000 (again, our guess) and doing 24% net earnings margins, this $250 billion of earnings would work out to about $178 per share.\nGiven Tesla’s domination in this scenario where it maxes out its market share, the only negative is that it would no longer be a secular story, but one more exposed to the cyclical nature of automaking. So its huge amount of revenue and income would naturally be growing much more slowly by then. But, again for the sake of this exercise, let’s assume that Tesla will still find a way to continue to generate a consistent 10% EPS growth on that $250 billion number.\nAnd despite this slowing, let’s also assume that investors will want to pay a P/E ratio of over 20 for a now huge and cyclical business.\nOn a P/E of 22.5, that would work out to a market cap of $5.6 trillion, and a share price of $4,000.\nThese are big numbers. And despite what we hear from the more optimistic of the Tesla bulls, let’s also assume that today’s shareholders only hope to make 10% per year between now and 2035.\nIf we discount that $4,000 by 10% back to today, the shares are worth $1,050.\nThat is pretty close to where we are right now.\nSo all that above is what needs to happen for $1,050 to be a fair share price today.\nDoubters, admittedly like us, will suggest that the execution risk is tremendous, and these market shares (and particularly the margins) may be impossible.\nYet, despite the fact that we actually can’t ignore the differences between the mobile phone and automobile industries noted above, the believers – who may indeed be right – will literally need to see Apple-esque industry dynamics, market shares and earnings margins for this all to make sense.\nIt is also important to consider that for there to be even more upside in the shares from current levels, Tesla will actually have to exceed everything that Apple has accomplished.\nWhether a bull or a bear, there is no doubting that what Musk has achieved thus far has been nothing short of incredible. Five years ago, few would have thought it even possible that Hertz would order 100,000 Teslas in a single order for its car rental fleet, or that Tesla would produce and sell a million cars in a single year.\nHe will continue to do incredible things. He has changed the world and the mindset of his competitors. None of that is in question. The future that his share price is discounting is the question we are asking today.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855339785,"gmtCreate":1635334052850,"gmtModify":1635334053090,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"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/855339785","repostId":"1102358032","repostType":4,"isVote":1,"tweetType":1,"viewCount":2229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855339262,"gmtCreate":1635334046001,"gmtModify":1635334046274,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855339262","repostId":"1102358032","repostType":4,"repost":{"id":"1102358032","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":1635333593,"share":"https://www.laohu8.com/m/news/1102358032?lang=zh_CN&edition=full","pubTime":"2021-10-27 19:19","market":"us","language":"en","title":"Kraft Heinz rose nearly 1% in premarket trading as it beat revenue estimates helped by higher prices<blockquote>卡夫亨氏在盘前交易中上涨近1%,因价格上涨帮助其收入超出预期</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1102358032","media":"Tiger Newspress","summary":"Kraft Heinz Co(KHC.O)beat Wall Street expectations for quarterly sales on Wednesday, as the packaged","content":"<p>Kraft Heinz Co(KHC.O)beat Wall Street expectations for quarterly sales on Wednesday, as the packaged food company benefited from raising product prices to tackle rising inflation.</p><p><blockquote>卡夫亨氏公司(KHC.O)周三季度销售额超出华尔街预期,这家包装食品公司受益于提高产品价格以应对通胀上升。</blockquote></p><p> Net sales in the third quarter fell to $6.32 billion for the Jell-O maker from $6.44 billion a year earlier. Analysts on average had expected sales of $6.05 billion, according to Refinitiv IBES.</p><p><blockquote>这家果冻制造商第三季度的净销售额从去年同期的64.4亿美元降至63.2亿美元。根据Refinitiv IBES的数据,分析师平均预期销售额为60.5亿美元。</blockquote></p><p> Kraft Heinz Co shares rose nearly 1% in premarket trading.<img src=\"https://static.tigerbbs.com/3f1bab565eedd1970bcdb9f46852a165\" tg-width=\"780\" tg-height=\"560\" width=\"100%\" height=\"auto\"></p><p><blockquote>卡夫亨氏公司股价在盘前交易中上涨近1%。</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>Kraft Heinz rose nearly 1% in premarket trading as it beat revenue estimates helped by higher prices<blockquote>卡夫亨氏在盘前交易中上涨近1%,因价格上涨帮助其收入超出预期</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nKraft Heinz rose nearly 1% in premarket trading as it beat revenue estimates helped by higher prices<blockquote>卡夫亨氏在盘前交易中上涨近1%,因价格上涨帮助其收入超出预期</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-10-27 19:19</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Kraft Heinz Co(KHC.O)beat Wall Street expectations for quarterly sales on Wednesday, as the packaged food company benefited from raising product prices to tackle rising inflation.</p><p><blockquote>卡夫亨氏公司(KHC.O)周三季度销售额超出华尔街预期,这家包装食品公司受益于提高产品价格以应对通胀上升。</blockquote></p><p> Net sales in the third quarter fell to $6.32 billion for the Jell-O maker from $6.44 billion a year earlier. Analysts on average had expected sales of $6.05 billion, according to Refinitiv IBES.</p><p><blockquote>这家果冻制造商第三季度的净销售额从去年同期的64.4亿美元降至63.2亿美元。根据Refinitiv IBES的数据,分析师平均预期销售额为60.5亿美元。</blockquote></p><p> Kraft Heinz Co shares rose nearly 1% in premarket trading.<img src=\"https://static.tigerbbs.com/3f1bab565eedd1970bcdb9f46852a165\" tg-width=\"780\" tg-height=\"560\" width=\"100%\" height=\"auto\"></p><p><blockquote>卡夫亨氏公司股价在盘前交易中上涨近1%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KHC":"卡夫亨氏"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102358032","content_text":"Kraft Heinz Co(KHC.O)beat Wall Street expectations for quarterly sales on Wednesday, as the packaged food company benefited from raising product prices to tackle rising inflation.\nNet sales in the third quarter fell to $6.32 billion for the Jell-O maker from $6.44 billion a year earlier. Analysts on average had expected sales of $6.05 billion, according to Refinitiv IBES.\nKraft Heinz Co shares rose nearly 1% in premarket trading.","news_type":1,"symbols_score_info":{"KHC":0.9}},"isVote":1,"tweetType":1,"viewCount":2485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855339135,"gmtCreate":1635334029849,"gmtModify":1635334030134,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855339135","repostId":"1102358032","repostType":4,"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859405617,"gmtCreate":1634718466839,"gmtModify":1634718481366,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok//<a href=\"https://laohu8.com/U/3579215123116789\">@Steu</a>:ok","listText":"ok//<a href=\"https://laohu8.com/U/3579215123116789\">@Steu</a>:ok","text":"ok//@Steu:ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859405617","repostId":"1167388174","repostType":4,"isVote":1,"tweetType":1,"viewCount":708,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859406269,"gmtCreate":1634718325373,"gmtModify":1634718409531,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"time to short liao","listText":"time to short liao","text":"time to short liao","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859406269","repostId":"1110877432","repostType":4,"repost":{"id":"1110877432","kind":"news","pubTimestamp":1634716002,"share":"https://www.laohu8.com/m/news/1110877432?lang=zh_CN&edition=full","pubTime":"2021-10-20 15:46","market":"us","language":"en","title":"Tesla Will Probably Beat Earnings Estimates. Why the Stock Might Not Move.<blockquote>特斯拉的盈利可能会超出预期。为什么股票可能不会变动。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110877432","media":"Barrons","summary":"Tesla will easily beat earnings expectations Wednesday. But that beat might not be enough to drive t","content":"<p>Tesla will easily beat earnings expectations Wednesday. But that beat might not be enough to drive the stock higher.</p><p><blockquote>特斯拉周三将轻松超出盈利预期。但这种节拍可能不足以推动股价走高。</blockquote></p><p> For the third quarter, Wall Street expects $1.54 in per-share earnings from $13.7 billion in sales. In the second quarter, Tesla earned $1.45 a sharefrom $12 billion in sales. Wall Street expects the company to make about a dime more on an incremental $1.7 billion in sales.</p><p><blockquote>华尔街预计第三季度销售额为137亿美元,每股收益为1.54美元。第二季度,特斯拉的销售额为120亿美元,每股收益为1.45美元。华尔街预计该公司的销售额将增加17亿美元,收入将增加约一毛钱。</blockquote></p><p> Investors, however, need to be ready for the sandbag—when a company guides low and then crushes expectations. That’s usually a good thing. Tesla, however, doesn’t provide guidance, so investors have to rely on Wall Street estimates to judge whether the company “beat” or “missed.” This time around, the estimates from analysts look far too low, creating the possibility of wild post-earnings trading in unexpected directions.</p><p><blockquote>然而,投资者需要为沙袋做好准备——当一家公司的指引很低,然后又超出预期时。这通常是件好事。然而,特斯拉没有提供指引,因此投资者必须依靠华尔街的估计来判断该公司是“跑赢”还是“跑输”。这一次,分析师的预期看起来太低了,这使得财报后交易可能会出现意想不到的方向。</blockquote></p><p> Things should be better than analysts project. Tesla delivered a record 241,300 vehicles in the third quarter,up from 201,250 in the second quarter. That’s a 20% increase. Tesla’s average price per car in the second quarter amounted to roughly $49,000, and while that number can change, 40,000 more vehicles could easily mean about $2 billion more in sales.</p><p><blockquote>事情应该比分析师预测的要好。特斯拉第三季度交付了创纪录的241,300辆汽车,高于第二季度的201,250辆。增加了20%。特斯拉第二季度每辆车的平均价格约为49,000美元,虽然这个数字可能会发生变化,但增加40,000辆汽车很容易意味着销售额增加约20亿美元。</blockquote></p><p> Wall Street also expects Tesla’s profitability to drop. Gross profit margins are projected to be just below 24%, compared with just above 24% in the second quarter. That might be conservative, just like sales projections. The entire auto industry is dealing with higher costs because of global supply-chain issues. But there’s another reason profitability could be better than current estimates.</p><p><blockquote>华尔街也预计特斯拉的盈利能力将下降。毛利率预计略低于24%,而第二季度略高于24%。这可能是保守的,就像销售预测一样。由于全球供应链问题,整个汽车行业都在应对更高的成本。但盈利能力可能好于当前预期还有另一个原因。</blockquote></p><p> Tesla delivereda record number of cars in China during the third quarter—almost 74,000, up about 20% compared with the second quarter. The cars Tesla produces and sells in China have higher margins than those made there and exported to Europe. With Tesla delivering about 12,000 more vehicles in China during the third quarter compared with the second quarter, profit margins could hold up.</p><p><blockquote>特斯拉第三季度在华交付汽车数量创历史新高,接近74,000辆,较第二季度增长约20%。特斯拉在中国生产和销售的汽车比在中国制造并出口到欧洲的汽车利润率更高。与第二季度相比,特斯拉第三季度在华交付了约12,000辆汽车,利润率可能会保持不变。</blockquote></p><p> None of this is a secret, and analysts have been updating their third-quarter earnings estimates—on average, they’re now about a dime per share higher since the end of September. RBC analyst Joe Spaktook his quarterly earnings estimates up to $1.95 a share from $1.68 after delivery results came out. Baird’s Ben Kalloand Wedbush’s Dan Ivesare more optimistic about Tesla’s stock—both have Buy ratings, while Spak rates it a Hold—but neither updated their third-quarter earnings estimates of $1.21 and $1.22 a share, respectively.</p><p><blockquote>这一切都不是秘密,分析师一直在更新他们的第三季度盈利预期——平均而言,自9月底以来,每股盈利预期上涨了约1美分。交付结果公布后,加拿大皇家银行(RBC)分析师乔·斯帕克(Joe Spakk)将季度盈利预期从每股1.68美元上调至1.95美元。Baird的Ben Kalloand Wedbush的Dan Ives对特斯拉的股票更为乐观——两人都给予买入评级,而Spak则给予持有评级——但都没有分别更新每股1.21美元和1.22美元的第三季度盈利预期。</blockquote></p><p> Together, that means the bar for Tesla is much higher than it looks. That’s particularly true because its stock has gained about 30% over the past three months, closing the week at $843.03—even as the S&P 500 added 2.6%. That means Tesla will likely need a huge beat to give the stock a jolt, something close to $2 a share.</p><p><blockquote>总之,这意味着特斯拉的门槛比看起来要高得多。尤其如此,因为其股价在过去三个月内上涨了约30%,本周收于843.03美元,尽管标准普尔500指数上涨了2.6%。这意味着特斯拉可能需要大幅上涨才能让股价大幅上涨,接近每股2美元。</blockquote></p><p> Whether it can pull that off remains to be seen.</p><p><blockquote>它能否实现这一目标还有待观察。</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>Tesla Will Probably Beat Earnings Estimates. Why the Stock Might Not Move.<blockquote>特斯拉的盈利可能会超出预期。为什么股票可能不会变动。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Will Probably Beat Earnings Estimates. Why the Stock Might Not Move.<blockquote>特斯拉的盈利可能会超出预期。为什么股票可能不会变动。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-10-20 15:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla will easily beat earnings expectations Wednesday. But that beat might not be enough to drive the stock higher.</p><p><blockquote>特斯拉周三将轻松超出盈利预期。但这种节拍可能不足以推动股价走高。</blockquote></p><p> For the third quarter, Wall Street expects $1.54 in per-share earnings from $13.7 billion in sales. In the second quarter, Tesla earned $1.45 a sharefrom $12 billion in sales. Wall Street expects the company to make about a dime more on an incremental $1.7 billion in sales.</p><p><blockquote>华尔街预计第三季度销售额为137亿美元,每股收益为1.54美元。第二季度,特斯拉的销售额为120亿美元,每股收益为1.45美元。华尔街预计该公司的销售额将增加17亿美元,收入将增加约一毛钱。</blockquote></p><p> Investors, however, need to be ready for the sandbag—when a company guides low and then crushes expectations. That’s usually a good thing. Tesla, however, doesn’t provide guidance, so investors have to rely on Wall Street estimates to judge whether the company “beat” or “missed.” This time around, the estimates from analysts look far too low, creating the possibility of wild post-earnings trading in unexpected directions.</p><p><blockquote>然而,投资者需要为沙袋做好准备——当一家公司的指引很低,然后又超出预期时。这通常是件好事。然而,特斯拉没有提供指引,因此投资者必须依靠华尔街的估计来判断该公司是“跑赢”还是“跑输”。这一次,分析师的预期看起来太低了,这使得财报后交易可能会出现意想不到的方向。</blockquote></p><p> Things should be better than analysts project. Tesla delivered a record 241,300 vehicles in the third quarter,up from 201,250 in the second quarter. That’s a 20% increase. Tesla’s average price per car in the second quarter amounted to roughly $49,000, and while that number can change, 40,000 more vehicles could easily mean about $2 billion more in sales.</p><p><blockquote>事情应该比分析师预测的要好。特斯拉第三季度交付了创纪录的241,300辆汽车,高于第二季度的201,250辆。增加了20%。特斯拉第二季度每辆车的平均价格约为49,000美元,虽然这个数字可能会发生变化,但增加40,000辆汽车很容易意味着销售额增加约20亿美元。</blockquote></p><p> Wall Street also expects Tesla’s profitability to drop. Gross profit margins are projected to be just below 24%, compared with just above 24% in the second quarter. That might be conservative, just like sales projections. The entire auto industry is dealing with higher costs because of global supply-chain issues. But there’s another reason profitability could be better than current estimates.</p><p><blockquote>华尔街也预计特斯拉的盈利能力将下降。毛利率预计略低于24%,而第二季度略高于24%。这可能是保守的,就像销售预测一样。由于全球供应链问题,整个汽车行业都在应对更高的成本。但盈利能力可能好于当前预期还有另一个原因。</blockquote></p><p> Tesla delivereda record number of cars in China during the third quarter—almost 74,000, up about 20% compared with the second quarter. The cars Tesla produces and sells in China have higher margins than those made there and exported to Europe. With Tesla delivering about 12,000 more vehicles in China during the third quarter compared with the second quarter, profit margins could hold up.</p><p><blockquote>特斯拉第三季度在华交付汽车数量创历史新高,接近74,000辆,较第二季度增长约20%。特斯拉在中国生产和销售的汽车比在中国制造并出口到欧洲的汽车利润率更高。与第二季度相比,特斯拉第三季度在华交付了约12,000辆汽车,利润率可能会保持不变。</blockquote></p><p> None of this is a secret, and analysts have been updating their third-quarter earnings estimates—on average, they’re now about a dime per share higher since the end of September. RBC analyst Joe Spaktook his quarterly earnings estimates up to $1.95 a share from $1.68 after delivery results came out. Baird’s Ben Kalloand Wedbush’s Dan Ivesare more optimistic about Tesla’s stock—both have Buy ratings, while Spak rates it a Hold—but neither updated their third-quarter earnings estimates of $1.21 and $1.22 a share, respectively.</p><p><blockquote>这一切都不是秘密,分析师一直在更新他们的第三季度盈利预期——平均而言,自9月底以来,每股盈利预期上涨了约1美分。交付结果公布后,加拿大皇家银行(RBC)分析师乔·斯帕克(Joe Spakk)将季度盈利预期从每股1.68美元上调至1.95美元。Baird的Ben Kalloand Wedbush的Dan Ives对特斯拉的股票更为乐观——两人都给予买入评级,而Spak则给予持有评级——但都没有分别更新每股1.21美元和1.22美元的第三季度盈利预期。</blockquote></p><p> Together, that means the bar for Tesla is much higher than it looks. That’s particularly true because its stock has gained about 30% over the past three months, closing the week at $843.03—even as the S&P 500 added 2.6%. That means Tesla will likely need a huge beat to give the stock a jolt, something close to $2 a share.</p><p><blockquote>总之,这意味着特斯拉的门槛比看起来要高得多。尤其如此,因为其股价在过去三个月内上涨了约30%,本周收于843.03美元,尽管标准普尔500指数上涨了2.6%。这意味着特斯拉可能需要大幅上涨才能让股价大幅上涨,接近每股2美元。</blockquote></p><p> Whether it can pull that off remains to be seen.</p><p><blockquote>它能否实现这一目标还有待观察。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/articles/tesla-stock-earnings-preview-51634345385?mod=mw_latestnews\">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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/articles/tesla-stock-earnings-preview-51634345385?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110877432","content_text":"Tesla will easily beat earnings expectations Wednesday. But that beat might not be enough to drive the stock higher.\nFor the third quarter, Wall Street expects $1.54 in per-share earnings from $13.7 billion in sales. In the second quarter, Tesla earned $1.45 a sharefrom $12 billion in sales. Wall Street expects the company to make about a dime more on an incremental $1.7 billion in sales.\nInvestors, however, need to be ready for the sandbag—when a company guides low and then crushes expectations. That’s usually a good thing. Tesla, however, doesn’t provide guidance, so investors have to rely on Wall Street estimates to judge whether the company “beat” or “missed.” This time around, the estimates from analysts look far too low, creating the possibility of wild post-earnings trading in unexpected directions.\nThings should be better than analysts project. Tesla delivered a record 241,300 vehicles in the third quarter,up from 201,250 in the second quarter. That’s a 20% increase. Tesla’s average price per car in the second quarter amounted to roughly $49,000, and while that number can change, 40,000 more vehicles could easily mean about $2 billion more in sales.\nWall Street also expects Tesla’s profitability to drop. Gross profit margins are projected to be just below 24%, compared with just above 24% in the second quarter. That might be conservative, just like sales projections. The entire auto industry is dealing with higher costs because of global supply-chain issues. But there’s another reason profitability could be better than current estimates.\nTesla delivereda record number of cars in China during the third quarter—almost 74,000, up about 20% compared with the second quarter. The cars Tesla produces and sells in China have higher margins than those made there and exported to Europe. With Tesla delivering about 12,000 more vehicles in China during the third quarter compared with the second quarter, profit margins could hold up.\nNone of this is a secret, and analysts have been updating their third-quarter earnings estimates—on average, they’re now about a dime per share higher since the end of September. RBC analyst Joe Spaktook his quarterly earnings estimates up to $1.95 a share from $1.68 after delivery results came out. Baird’s Ben Kalloand Wedbush’s Dan Ivesare more optimistic about Tesla’s stock—both have Buy ratings, while Spak rates it a Hold—but neither updated their third-quarter earnings estimates of $1.21 and $1.22 a share, respectively.\nTogether, that means the bar for Tesla is much higher than it looks. That’s particularly true because its stock has gained about 30% over the past three months, closing the week at $843.03—even as the S&P 500 added 2.6%. That means Tesla will likely need a huge beat to give the stock a jolt, something close to $2 a share.\nWhether it can pull that off remains to be seen.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":980,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824612787,"gmtCreate":1634307785968,"gmtModify":1634307922717,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>just call, this is oversell","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>just call, this is oversell","text":"$Tiger Brokers(TIGR)$just call, this is oversell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824612787","isVote":1,"tweetType":1,"viewCount":1096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821708369,"gmtCreate":1633783732632,"gmtModify":1633783732881,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/821708369","repostId":"1167388174","repostType":4,"isVote":1,"tweetType":1,"viewCount":1145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823749960,"gmtCreate":1633666152501,"gmtModify":1633666153504,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/823749960","repostId":"2173194725","repostType":4,"isVote":1,"tweetType":1,"viewCount":1846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820497639,"gmtCreate":1633412335197,"gmtModify":1633412336226,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820497639","repostId":"2170270586","repostType":4,"isVote":1,"tweetType":1,"viewCount":756,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820497964,"gmtCreate":1633412290278,"gmtModify":1633412291225,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820497964","repostId":"2170270586","repostType":4,"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820494432,"gmtCreate":1633412270854,"gmtModify":1633412271744,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/820494432","repostId":"2172968917","repostType":4,"isVote":1,"tweetType":1,"viewCount":975,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864752155,"gmtCreate":1633152925190,"gmtModify":1633152926090,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579215123116789","idStr":"3579215123116789"},"themes":[],"htmlText":"嗯<a href=\"https://laohu8.com/S/LI\">$Li Auto(LI)$</a>","listText":"嗯<a href=\"https://laohu8.com/S/LI\">$Li Auto(LI)$</a>","text":"嗯$Li Auto(LI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864752155","repostId":"2172618769","repostType":4,"isVote":1,"tweetType":1,"viewCount":918,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":882992340,"gmtCreate":1631637328380,"gmtModify":1631884037545,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC 20210924 48.0 PUT(AMC)$</a>Now Im showing my position, this two day sure down one for amc, because tmr appl or spy will definately go up due to iphone 13, if u want earn more money, trust me, just put for two days. ","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC 20210924 48.0 PUT(AMC)$</a>Now Im showing my position, this two day sure down one for amc, because tmr appl or spy will definately go up due to iphone 13, if u want earn more money, trust me, just put for two days. ","text":"$AMC 20210924 48.0 PUT(AMC)$Now Im showing my position, this two day sure down one for amc, because tmr appl or spy will definately go up due to iphone 13, if u want earn more money, trust me, just put for two days.","images":[{"img":"https://static.tigerbbs.com/e95db30e5d3b02d232fa6f03ef0c32ca","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":518,"commentSize":109,"repostSize":0,"link":"https://laohu8.com/post/882992340","isVote":1,"tweetType":1,"viewCount":10817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":809147140,"gmtCreate":1627354821480,"gmtModify":1633765782991,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":13,"repostSize":0,"link":"https://laohu8.com/post/809147140","repostId":"2154964378","repostType":4,"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881014625,"gmtCreate":1631281232667,"gmtModify":1631883661363,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210917 15.0 CALL(TIGR)$</a>[呆住] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210917 15.0 CALL(TIGR)$</a>[呆住] ","text":"$TIGR 20210917 15.0 CALL(TIGR)$[呆住]","images":[{"img":"https://static.tigerbbs.com/ade5907d18938dd7d22e78d1dfaf2bc9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/881014625","isVote":1,"tweetType":1,"viewCount":1034,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"16137948889392","authorId":"16137948889392","name":"施道中","avatar":"https://static.tigerbbs.com/d22cde7d4c851ee39bd096080dffa13f","crmLevel":1,"crmLevelSwitch":0,"idStr":"16137948889392","authorIdStr":"16137948889392"},"content":"买100张废纸牛逼,老虎自娱自乐","text":"买100张废纸牛逼,老虎自娱自乐","html":"买100张废纸牛逼,老虎自娱自乐"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":821708369,"gmtCreate":1633783732632,"gmtModify":1633783732881,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/821708369","repostId":"1167388174","repostType":4,"isVote":1,"tweetType":1,"viewCount":1145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":815710973,"gmtCreate":1630718902292,"gmtModify":1631886702269,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/815710973","repostId":"2164803577","repostType":4,"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890772394,"gmtCreate":1628138328018,"gmtModify":1633753206827,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/890772394","repostId":"1177429885","repostType":4,"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882997741,"gmtCreate":1631637904583,"gmtModify":1631884037528,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC 20210924 48.0 PUT(AMC)$</a>guess why why I still holding?","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC 20210924 48.0 PUT(AMC)$</a>guess why why I still holding?","text":"$AMC 20210924 48.0 PUT(AMC)$guess why why I still holding?","images":[{"img":"https://static.tigerbbs.com/88bfa841f1fc06daa521e4831a4ab6e1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://laohu8.com/post/882997741","isVote":1,"tweetType":1,"viewCount":1345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":164992904,"gmtCreate":1624164295508,"gmtModify":1634009932718,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/164992904","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883359639,"gmtCreate":1631205506021,"gmtModify":1631886702220,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>my monthly commision is 1000 taken by tiger, tmr report cant be bad one. guys, we must wiong right now, tmr will be 20%","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>my monthly commision is 1000 taken by tiger, tmr report cant be bad one. guys, we must wiong right now, tmr will be 20%","text":"$Tiger Brokers(TIGR)$my monthly commision is 1000 taken by tiger, tmr report cant be bad one. guys, we must wiong right now, tmr will be 20%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/883359639","isVote":1,"tweetType":1,"viewCount":1857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838632690,"gmtCreate":1629389777310,"gmtModify":1633685182376,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>能恢复20块吗?26号的财报","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>能恢复20块吗?26号的财报","text":"$Tiger Brokers(TIGR)$能恢复20块吗?26号的财报","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/838632690","isVote":1,"tweetType":1,"viewCount":1487,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3516951038925987","authorId":"3516951038925987","name":"肥肥_6993","avatar":"https://static.tigerbbs.com/645b87814060f2e30161c10de2edf6b4","crmLevel":1,"crmLevelSwitch":0,"idStr":"3516951038925987","authorIdStr":"3516951038925987"},"content":"谁说26号财报?都没公布","text":"谁说26号财报?都没公布","html":"谁说26号财报?都没公布"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823749960,"gmtCreate":1633666152501,"gmtModify":1633666153504,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/823749960","repostId":"2173194725","repostType":4,"isVote":1,"tweetType":1,"viewCount":1846,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881012242,"gmtCreate":1631281156186,"gmtModify":1631883661384,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210917 15.0 CALL(TIGR)$</a>Guys Guys, dont sell tiger now, holdd next monday will hit 20, a lot people dont believe can bounced back, but now is the best chance, china gdp is very high, now china market is a super good time to invest, buy to the moon if u trust me","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210917 15.0 CALL(TIGR)$</a>Guys Guys, dont sell tiger now, holdd next monday will hit 20, a lot people dont believe can bounced back, but now is the best chance, china gdp is very high, now china market is a super good time to invest, buy to the moon if u trust me","text":"$TIGR 20210917 15.0 CALL(TIGR)$Guys Guys, dont sell tiger now, holdd next monday will hit 20, a lot people dont believe can bounced back, but now is the best chance, china gdp is very high, now china market is a super good time to invest, buy to the moon if u trust me","images":[{"img":"https://static.tigerbbs.com/3cd326d2ce3e17443307474d74bdec07","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881012242","isVote":1,"tweetType":1,"viewCount":1407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":834465144,"gmtCreate":1629819803188,"gmtModify":1631883751846,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>based on 52weeks report we can see that price is $6.12, and now is just $6.70, its the best timing to buy more on this. Especially buy call option just for a few dayz!!!😏","listText":"<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>based on 52weeks report we can see that price is $6.12, and now is just $6.70, its the best timing to buy more on this. Especially buy call option just for a few dayz!!!😏","text":"$ContextLogic Inc.(WISH)$based on 52weeks report we can see that price is $6.12, and now is just $6.70, its the best timing to buy more on this. Especially buy call option just for a few dayz!!!😏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/834465144","isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3478712067996300","authorId":"3478712067996300","name":"一本正经","avatar":"https://static.tigerbbs.com/01b02bd160a92870ba99f3c4dab60328","crmLevel":4,"crmLevelSwitch":0,"idStr":"3478712067996300","authorIdStr":"3478712067996300"},"content":"放心 可以继续跌","text":"放心 可以继续跌","html":"放心 可以继续跌"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838627259,"gmtCreate":1629396429271,"gmtModify":1631892677949,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let's think about Q1 RESULT, this company had worth more than 20, just hold until next week result, Q2 To Da mooonn[666] [666] [666] [666] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let's think about Q1 RESULT, this company had worth more than 20, just hold until next week result, Q2 To Da mooonn[666] [666] [666] [666] ","text":"$Tiger Brokers(TIGR)$Let's think about Q1 RESULT, this company had worth more than 20, just hold until next week result, Q2 To Da mooonn[666] [666] [666] [666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/838627259","isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3548223089560409","authorId":"3548223089560409","name":"耐心做时间的朋友1990","avatar":"https://static.tigerbbs.com/99bb7a65d1f93e0502217ada7fc3c861","crmLevel":3,"crmLevelSwitch":0,"idStr":"3548223089560409","authorIdStr":"3548223089560409"},"content":"大佬,二季度财报如何看?","text":"大佬,二季度财报如何看?","html":"大佬,二季度财报如何看?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176776713,"gmtCreate":1626918478932,"gmtModify":1633769750723,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/176776713","repostId":"2153230536","repostType":4,"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838650456,"gmtCreate":1629396742675,"gmtModify":1631892677933,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"$Tiger Brokers(TIGR)$ HOLD HOLD HOLD, next week Monday will Jump, till report is out. Look at this week had dropp whole week, every Monday will adjust one, just like last week's Monday go up, this week Monday go down. So we hold until next week Monday because report will out soon. To the moon[开心] [开心] [财迷] [财迷] [财迷] [财迷] ","listText":"$Tiger Brokers(TIGR)$ HOLD HOLD HOLD, next week Monday will Jump, till report is out. Look at this week had dropp whole week, every Monday will adjust one, just like last week's Monday go up, this week Monday go down. So we hold until next week Monday because report will out soon. To the moon[开心] [开心] [财迷] [财迷] [财迷] [财迷] ","text":"$Tiger Brokers(TIGR)$ HOLD HOLD HOLD, next week Monday will Jump, till report is out. Look at this week had dropp whole week, every Monday will adjust one, just like last week's Monday go up, this week Monday go down. So we hold until next week Monday because report will out soon. To the moon[开心] [开心] [财迷] [财迷] [财迷] [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/838650456","isVote":1,"tweetType":1,"viewCount":2151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":170082446,"gmtCreate":1626395813685,"gmtModify":1633927187397,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/170082446","repostId":"1153640468","repostType":4,"repost":{"id":"1153640468","kind":"news","pubTimestamp":1626394542,"share":"https://www.laohu8.com/m/news/1153640468?lang=zh_CN&edition=full","pubTime":"2021-07-16 08:15","market":"us","language":"en","title":"Cleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug<blockquote>克利夫兰诊所、西奈山和普罗维登斯不会提供百健(Biogen)的阿尔茨海默病新药</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1153640468","media":"The Wall Street Journal","summary":"The three hospital operators are holding off on administering Aduhelm amid a debate over its effecti","content":"<p> The three hospital operators are holding off on administering Aduhelm amid a debate over its effectiveness. Three large hospitals are declining to administerBiogenInc.’sBIIB-6.79%new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge from the Food and Drug Administration’s controversial approval of the drug last month.</p><p><blockquote>由于对Aduhelm有效性的争论,这三家医院运营商推迟了Aduhelm的使用。三家大型医院拒绝使用BiogenInc.的sBIIB-6.79%新的阿尔茨海默病治疗药物Aduhelm,这是美国食品和药物管理局上个月有争议地批准该药物后出现的最新破裂。</blockquote></p><p> The Cleveland Clinic, Mount Sinai Health System in New York and Providence in Renton, Wash., said they wouldn’t administer Aduhelm, which is also called aducanumab, to patients amid a debate about the drug’s effectiveness and whether the FDA lowered its standards in approving the medicine.</p><p><blockquote>克利夫兰诊所、纽约西奈山卫生系统和华盛顿州伦顿的普罗维登斯。,表示他们不会给患者服用Aduhelm,也称为aducanumab,因为人们正在争论该药物的有效性以及FDA是否降低了批准该药物的标准。</blockquote></p><p> The hospitals’ moves come as some health insurers also restrict access to the therapy—unusual pushback against a drug targeting a devastating disease like Alzheimer’s that has few effective treatments.</p><p><blockquote>医院采取这一举措之际,一些健康保险公司也限制了这种疗法的使用——这是对针对阿尔茨海默氏症等毁灭性疾病的药物的不同寻常的抵制,这种疾病几乎没有有效的治疗方法。</blockquote></p><p> While some doctors have been eager to start prescribing the newly approved drug, others have criticized the FDA for clearing the drug before studies proved it works. The critics have also expressed concerns about whether the drug’s benefits, which appeared to be modest in studies, are worth the risks of side effects such as brain bleeding that require regular monitoring by physicians.</p><p><blockquote>虽然一些医生渴望开始开这种新批准的药物,但其他人批评FDA在研究证明该药物有效之前就批准了该药物。批评者还对该药物的益处(在研究中似乎不大)是否值得冒脑出血等副作用的风险表示担忧,这些副作用需要医生定期监测。</blockquote></p><p> “Clinical studies failed to demonstrate the effectiveness of Aduhelm…while documenting significant risks, like brain swelling and bleeding,” said a spokeswoman for Blue Cross and Blue Shield of North Carolina, which won’t cover the drug for its commercially insured patients.</p><p><blockquote>北卡罗来纳州蓝十字和蓝盾公司的发言人表示:“临床研究未能证明Aduhelm的有效性……同时记录了脑肿胀和出血等重大风险。”该公司不会为其商业保险患者承保该药物。</blockquote></p><p> Federal officials recently began a monthslong review of whether Medicare will cover Aduhelm and under what circumstances. The vast majority of patients expected to get the drug are on Medicare, the federal insurance program for the elderly and disabled.</p><p><blockquote>联邦官员最近开始了为期数月的审查,审查医疗保险是否会覆盖Aduhelm以及在什么情况下覆盖。预计获得该药物的绝大多数患者都参加了联邦老年人和残疾人保险计划Medicare。</blockquote></p><p> The Cleveland Clinic won’t carry the drug in its pharmacy or provide infusions of it to patients following a review of available scientific evidence by a multidisciplinary panel of experts, a hospital spokeswoman said.</p><p><blockquote>医院发言人表示,在多学科专家小组审查现有科学证据后,克利夫兰诊所不会在其药房出售该药物,也不会向患者提供输液。</blockquote></p><p> Cleveland Clinic doctors, the spokeswoman said, can still prescribe the medicine, but patients will have to receive their infusions at an outside facility.</p><p><blockquote>这位发言人说,克利夫兰诊所的医生仍然可以开药,但患者必须在外部机构接受输液。</blockquote></p><p> Aduhelm is given with a monthly infusion, typically at an outpatient medical center. Biogenpriced the drug at $56,000 a year, though one health researcher said it will probably cost more for a typical patient.</p><p><blockquote>Aduhelm通常在门诊医疗中心每月输注一次。Biogen将该药物定价为每年56,000美元,不过one health研究人员表示,对于典型患者来说,该药物的价格可能会更高。</blockquote></p><p> “Based on the current data regarding its safety and efficacy, we have decided not to carry Aducanumab at this time,” the Cleveland Clinic said. The hospital said it will reconsider the decision when more data are available.</p><p><blockquote>克利夫兰诊所表示:“根据目前有关其安全性和有效性的数据,我们决定目前不携带Aducanumab。”医院表示,当有更多数据时,将重新考虑这一决定。</blockquote></p><p> Mount Sinai said it won’t infuse Aduhelm until it sees the findings of a U.S. government investigation into interactions between FDA staff and Biogen during the review process. The investigation, which was requested last week by FDA Acting Commissioner Janet Woodcock,has raised concernsabout the integrity of the approval process, Mount Sinai said.</p><p><blockquote>西奈山表示,在看到美国政府对FDA工作人员与Biogen在审查过程中互动的调查结果之前,不会注入Aduhelm。西奈山表示,FDA代理专员珍妮特·伍德库克(Janet Woodcock)上周要求进行的调查引发了人们对审批过程完整性的担忧。</blockquote></p><p> “Medical decisions should be based on science and data, so it is disappointing that patients living with Alzheimer’s disease may reportedly not be able to access Aduhelm at some facilities,” a Biogen spokeswoman said. “Biogen continues to stand 100% behind Aduhelm and the clinical data that supported approval.”</p><p><blockquote>百健(Biogen)发言人表示:“医疗决策应基于科学和数据,因此据报道,阿尔茨海默病患者可能无法在某些机构获得Aduhelm,这令人失望。”“Biogen继续100%支持Aduhelm以及支持批准的临床数据。”</blockquote></p><p> <b>‘We still want to do what’s best for our patients, but we simply don’t want to make a decision we can’t sustain.’</b> <b>— </b> <i>Dr. Sam Gandy, Alzheimer’s disease expert at Mount Sinai</i> Jason Karlawish, an Alzheimer’s specialist at the University of Pennsylvania, said the decision of some health systems to not give Aduhelm suggests an erosion of trust in the FDA’s decision making.</p><p><blockquote><b>“我们仍然想做对患者最有利的事情,但我们只是不想做出我们无法维持的决定。”</b><b>—</b><i>Sam Gandy博士,西奈山阿尔茨海默病专家</i>宾夕法尼亚大学阿尔茨海默氏症专家Jason Karlawish表示,一些卫生系统不给予Aduhelm的决定表明人们对FDA决策的信任受到侵蚀。</blockquote></p><p> “It’s very disturbing that we’re starting to hear health systems that rely on the FDA sending signals that they don’t trust the FDA,” Dr. Karlawish said in an interview. “I have to trust the system that puts drugs into the pharmacy so that I can prescribe them with confidence.”</p><p><blockquote>Karlawish博士在接受采访时表示:“非常令人不安的是,我们开始听到依赖FDA的卫生系统发出不信任FDA的信号。”“我必须信任将药物放入药房的系统,这样我才能放心地开药。”</blockquote></p><p> The New York Times earlier reported that Cleveland Clinic and Mount Sinai weren’t going to administer Aduhelm to patients.</p><p><blockquote>《纽约时报》早些时候报道称,克利夫兰诊所和西奈山不会给患者服用Aduhelm。</blockquote></p><p> In June, theFDA approved Aduhelmbased on two large but inconclusive studies of its effect in slowing cognitive decline in people with mild Alzheimer’s symptoms.</p><p><blockquote>6月,FDA批准了Aduhel,这是基于两项大型但尚无定论的研究,研究其在减缓轻度阿尔茨海默病症状患者认知能力下降方面的作用。</blockquote></p><p> The agency issued the approval using a regulatory mechanism that allows for drugs to be cleared before they are definitively proven effective, saying the Aduhelm was reasonably likely to provide a benefit by reducing levels of a sticky protein called amyloid from the brain.</p><p><blockquote>该机构使用一种监管机制发布了批准,该机制允许药物在最终证明有效之前获得批准,并表示Aduhelm很可能通过降低大脑中一种称为淀粉样蛋白的粘性蛋白的水平来提供益处。</blockquote></p><p> The FDA approval wasmade over the objectionsof some of its own statisticians and members of an outside committee of experts convened by the agency to provide advice on the drug. Three of theoutside advisers resignedfrom the committee in protest of the FDA’s decision.</p><p><blockquote>FDA不顾一些自己的统计学家和该机构召集的外部专家委员会成员的反对,批准了该药物。三名外部顾问从委员会辞职,以抗议FDA的决定。</blockquote></p><p> The FDA subsequentlynarrowed its recommendationfor who should get the drug, to Alzheimer’s patients in the early stage of the disease.</p><p><blockquote>FDA随后将谁应该获得该药物的建议范围缩小到疾病早期阶段的阿尔茨海默病患者。</blockquote></p><p></p><p> Dr. Woodcock’s request for an investigation last week prompted Mount Sinai to hold off on treating patients with Aduhelm.</p><p><blockquote>伍德库克博士上周要求进行调查,这促使西奈山推迟了对Aduhelm患者的治疗。</blockquote></p><p> A Mount Sinai spokeswoman said that in addition to completion of the investigation, the hospital is awaiting the writing of “best practices” guidelines for Aduhelm by its own experts, as well as a standard review necessary for adding Aduhelm to its formulary of available drugs.</p><p><blockquote>西奈山发言人表示,除了完成调查外,医院还在等待自己的专家为Aduhelm撰写“最佳实践”指南,以及将Aduhelm添加到其可用药物处方集所需的标准审查。</blockquote></p><p> Sam Gandy, a Mount Sinai professor of Alzheimer’s disease research, said he and his colleagues, who are setting guidelines for Aduhelm, were open to prescribing the drug for certain patients, although only one of Biogen’s two clinical studies appeared to show the drug worked.</p><p><blockquote>西奈山阿尔茨海默病研究教授萨姆·甘迪(Sam Gandy)表示,他和正在为Aduhelm制定指南的同事愿意为某些患者开出该药物,尽管百健(Biogen)的两项临床研究中似乎只有一项表明该药物有效。</blockquote></p><p> Dr. Woodcock’s request for an investigation, however, threw into question whether the drug was appropriately evaluated and approved in the first place, Dr. Gandy said. Over the following days, the group decided they would wait for the investigation’s conclusion before considering infusions.</p><p><blockquote>然而,甘迪博士说,伍德库克博士的调查请求引发了人们对该药物最初是否经过适当评估和批准的质疑。在接下来的几天里,该小组决定在考虑输液之前等待调查结论。</blockquote></p><p> “I’m willing to allow for the possibility that the FDA may have the latitude to approve [Aduhelm] along this accelerated approval pathway, but not if I can’t trust the integrity of the process,” Dr. Gandy said in an interview. “We still want to do what’s best for our patients, but we simply don’t want to make a decision we can’t sustain.”</p><p><blockquote>甘迪博士在接受采访时表示:“我愿意考虑FDA可能有权通过这种加速批准途径批准[Aduhelm],但如果我不能相信该过程的完整性,就不会这样做。”“我们仍然想做对患者最有利的事情,但我们只是不想做出我们无法维持的决定。”</blockquote></p><p> Washington neurologist Nancy Isenberg, one of the Providence doctors involved in the decision to not administer Aduhelm, cited the drug’s potential for serious side effects, lack of clear benefit and high cost as reasons behind the policy. Providence, whose system includes 52 hospitals and more than 1,000 outpatient clinics, is also wary of prescribing the drug before investigators return results of an investigation of Aduhelm’s regulatory approval, she said.</p><p><blockquote>华盛顿神经科医生南希·伊森伯格(Nancy Isenberg)是参与决定不使用Aduhelm的普罗维登斯医生之一,她指出该药物可能产生严重副作用、缺乏明确的益处和高昂的成本是该政策背后的原因。她说,普罗维登斯的系统包括52家医院和1,000多家门诊诊所,在调查人员返回Aduhelm监管批准的调查结果之前,普罗维登斯也对开这种药物持谨慎态度。</blockquote></p><p> “I wish and I hope we can offer safe, effective and affordable treatments” for Alzheimer’s patients, Dr. Isenberg said. “At the same time, this is not that.”</p><p><blockquote>伊森伯格博士说:“我希望我们能够为阿尔茨海默氏症患者提供安全、有效和负担得起的治疗方法”。“同时,这个不是那个。”</blockquote></p><p> Resistance to Aduhelm from some hospitals and insurers may not affect Biogen, which analysts project could eventually ring up billions of dollars in sales from the drug.</p><p><blockquote>一些医院和保险公司对Aduhelm的耐药性可能不会影响Biogen,分析师预计该药物最终可能会带来数十亿美元的销售额。</blockquote></p><p> A fair number “of academic medical centers etc. can stay on sidelines and [the] math may still work,” Evercore ISI analyst Umer Raffat said in a research note.</p><p><blockquote>Evercore ISI分析师Umer Raffat在一份研究报告中表示,相当多的“学术医疗中心等可以保持观望,数学可能仍然有效”。</blockquote></p><p> Some skeptical doctors, he added, have said they won’t deny Aduhelm to interested patients.</p><p><blockquote>他补充说,一些持怀疑态度的医生表示,他们不会拒绝向感兴趣的患者提供Aduhelm。</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>Cleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug<blockquote>克利夫兰诊所、西奈山和普罗维登斯不会提供百健(Biogen)的阿尔茨海默病新药</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\">\nCleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug<blockquote>克利夫兰诊所、西奈山和普罗维登斯不会提供百健(Biogen)的阿尔茨海默病新药</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\">2021-07-16 08:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p> The three hospital operators are holding off on administering Aduhelm amid a debate over its effectiveness. Three large hospitals are declining to administerBiogenInc.’sBIIB-6.79%new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge from the Food and Drug Administration’s controversial approval of the drug last month.</p><p><blockquote>由于对Aduhelm有效性的争论,这三家医院运营商推迟了Aduhelm的使用。三家大型医院拒绝使用BiogenInc.的sBIIB-6.79%新的阿尔茨海默病治疗药物Aduhelm,这是美国食品和药物管理局上个月有争议地批准该药物后出现的最新破裂。</blockquote></p><p> The Cleveland Clinic, Mount Sinai Health System in New York and Providence in Renton, Wash., said they wouldn’t administer Aduhelm, which is also called aducanumab, to patients amid a debate about the drug’s effectiveness and whether the FDA lowered its standards in approving the medicine.</p><p><blockquote>克利夫兰诊所、纽约西奈山卫生系统和华盛顿州伦顿的普罗维登斯。,表示他们不会给患者服用Aduhelm,也称为aducanumab,因为人们正在争论该药物的有效性以及FDA是否降低了批准该药物的标准。</blockquote></p><p> The hospitals’ moves come as some health insurers also restrict access to the therapy—unusual pushback against a drug targeting a devastating disease like Alzheimer’s that has few effective treatments.</p><p><blockquote>医院采取这一举措之际,一些健康保险公司也限制了这种疗法的使用——这是对针对阿尔茨海默氏症等毁灭性疾病的药物的不同寻常的抵制,这种疾病几乎没有有效的治疗方法。</blockquote></p><p> While some doctors have been eager to start prescribing the newly approved drug, others have criticized the FDA for clearing the drug before studies proved it works. The critics have also expressed concerns about whether the drug’s benefits, which appeared to be modest in studies, are worth the risks of side effects such as brain bleeding that require regular monitoring by physicians.</p><p><blockquote>虽然一些医生渴望开始开这种新批准的药物,但其他人批评FDA在研究证明该药物有效之前就批准了该药物。批评者还对该药物的益处(在研究中似乎不大)是否值得冒脑出血等副作用的风险表示担忧,这些副作用需要医生定期监测。</blockquote></p><p> “Clinical studies failed to demonstrate the effectiveness of Aduhelm…while documenting significant risks, like brain swelling and bleeding,” said a spokeswoman for Blue Cross and Blue Shield of North Carolina, which won’t cover the drug for its commercially insured patients.</p><p><blockquote>北卡罗来纳州蓝十字和蓝盾公司的发言人表示:“临床研究未能证明Aduhelm的有效性……同时记录了脑肿胀和出血等重大风险。”该公司不会为其商业保险患者承保该药物。</blockquote></p><p> Federal officials recently began a monthslong review of whether Medicare will cover Aduhelm and under what circumstances. The vast majority of patients expected to get the drug are on Medicare, the federal insurance program for the elderly and disabled.</p><p><blockquote>联邦官员最近开始了为期数月的审查,审查医疗保险是否会覆盖Aduhelm以及在什么情况下覆盖。预计获得该药物的绝大多数患者都参加了联邦老年人和残疾人保险计划Medicare。</blockquote></p><p> The Cleveland Clinic won’t carry the drug in its pharmacy or provide infusions of it to patients following a review of available scientific evidence by a multidisciplinary panel of experts, a hospital spokeswoman said.</p><p><blockquote>医院发言人表示,在多学科专家小组审查现有科学证据后,克利夫兰诊所不会在其药房出售该药物,也不会向患者提供输液。</blockquote></p><p> Cleveland Clinic doctors, the spokeswoman said, can still prescribe the medicine, but patients will have to receive their infusions at an outside facility.</p><p><blockquote>这位发言人说,克利夫兰诊所的医生仍然可以开药,但患者必须在外部机构接受输液。</blockquote></p><p> Aduhelm is given with a monthly infusion, typically at an outpatient medical center. Biogenpriced the drug at $56,000 a year, though one health researcher said it will probably cost more for a typical patient.</p><p><blockquote>Aduhelm通常在门诊医疗中心每月输注一次。Biogen将该药物定价为每年56,000美元,不过one health研究人员表示,对于典型患者来说,该药物的价格可能会更高。</blockquote></p><p> “Based on the current data regarding its safety and efficacy, we have decided not to carry Aducanumab at this time,” the Cleveland Clinic said. The hospital said it will reconsider the decision when more data are available.</p><p><blockquote>克利夫兰诊所表示:“根据目前有关其安全性和有效性的数据,我们决定目前不携带Aducanumab。”医院表示,当有更多数据时,将重新考虑这一决定。</blockquote></p><p> Mount Sinai said it won’t infuse Aduhelm until it sees the findings of a U.S. government investigation into interactions between FDA staff and Biogen during the review process. The investigation, which was requested last week by FDA Acting Commissioner Janet Woodcock,has raised concernsabout the integrity of the approval process, Mount Sinai said.</p><p><blockquote>西奈山表示,在看到美国政府对FDA工作人员与Biogen在审查过程中互动的调查结果之前,不会注入Aduhelm。西奈山表示,FDA代理专员珍妮特·伍德库克(Janet Woodcock)上周要求进行的调查引发了人们对审批过程完整性的担忧。</blockquote></p><p> “Medical decisions should be based on science and data, so it is disappointing that patients living with Alzheimer’s disease may reportedly not be able to access Aduhelm at some facilities,” a Biogen spokeswoman said. “Biogen continues to stand 100% behind Aduhelm and the clinical data that supported approval.”</p><p><blockquote>百健(Biogen)发言人表示:“医疗决策应基于科学和数据,因此据报道,阿尔茨海默病患者可能无法在某些机构获得Aduhelm,这令人失望。”“Biogen继续100%支持Aduhelm以及支持批准的临床数据。”</blockquote></p><p> <b>‘We still want to do what’s best for our patients, but we simply don’t want to make a decision we can’t sustain.’</b> <b>— </b> <i>Dr. Sam Gandy, Alzheimer’s disease expert at Mount Sinai</i> Jason Karlawish, an Alzheimer’s specialist at the University of Pennsylvania, said the decision of some health systems to not give Aduhelm suggests an erosion of trust in the FDA’s decision making.</p><p><blockquote><b>“我们仍然想做对患者最有利的事情,但我们只是不想做出我们无法维持的决定。”</b><b>—</b><i>Sam Gandy博士,西奈山阿尔茨海默病专家</i>宾夕法尼亚大学阿尔茨海默氏症专家Jason Karlawish表示,一些卫生系统不给予Aduhelm的决定表明人们对FDA决策的信任受到侵蚀。</blockquote></p><p> “It’s very disturbing that we’re starting to hear health systems that rely on the FDA sending signals that they don’t trust the FDA,” Dr. Karlawish said in an interview. “I have to trust the system that puts drugs into the pharmacy so that I can prescribe them with confidence.”</p><p><blockquote>Karlawish博士在接受采访时表示:“非常令人不安的是,我们开始听到依赖FDA的卫生系统发出不信任FDA的信号。”“我必须信任将药物放入药房的系统,这样我才能放心地开药。”</blockquote></p><p> The New York Times earlier reported that Cleveland Clinic and Mount Sinai weren’t going to administer Aduhelm to patients.</p><p><blockquote>《纽约时报》早些时候报道称,克利夫兰诊所和西奈山不会给患者服用Aduhelm。</blockquote></p><p> In June, theFDA approved Aduhelmbased on two large but inconclusive studies of its effect in slowing cognitive decline in people with mild Alzheimer’s symptoms.</p><p><blockquote>6月,FDA批准了Aduhel,这是基于两项大型但尚无定论的研究,研究其在减缓轻度阿尔茨海默病症状患者认知能力下降方面的作用。</blockquote></p><p> The agency issued the approval using a regulatory mechanism that allows for drugs to be cleared before they are definitively proven effective, saying the Aduhelm was reasonably likely to provide a benefit by reducing levels of a sticky protein called amyloid from the brain.</p><p><blockquote>该机构使用一种监管机制发布了批准,该机制允许药物在最终证明有效之前获得批准,并表示Aduhelm很可能通过降低大脑中一种称为淀粉样蛋白的粘性蛋白的水平来提供益处。</blockquote></p><p> The FDA approval wasmade over the objectionsof some of its own statisticians and members of an outside committee of experts convened by the agency to provide advice on the drug. Three of theoutside advisers resignedfrom the committee in protest of the FDA’s decision.</p><p><blockquote>FDA不顾一些自己的统计学家和该机构召集的外部专家委员会成员的反对,批准了该药物。三名外部顾问从委员会辞职,以抗议FDA的决定。</blockquote></p><p> The FDA subsequentlynarrowed its recommendationfor who should get the drug, to Alzheimer’s patients in the early stage of the disease.</p><p><blockquote>FDA随后将谁应该获得该药物的建议范围缩小到疾病早期阶段的阿尔茨海默病患者。</blockquote></p><p></p><p> Dr. Woodcock’s request for an investigation last week prompted Mount Sinai to hold off on treating patients with Aduhelm.</p><p><blockquote>伍德库克博士上周要求进行调查,这促使西奈山推迟了对Aduhelm患者的治疗。</blockquote></p><p> A Mount Sinai spokeswoman said that in addition to completion of the investigation, the hospital is awaiting the writing of “best practices” guidelines for Aduhelm by its own experts, as well as a standard review necessary for adding Aduhelm to its formulary of available drugs.</p><p><blockquote>西奈山发言人表示,除了完成调查外,医院还在等待自己的专家为Aduhelm撰写“最佳实践”指南,以及将Aduhelm添加到其可用药物处方集所需的标准审查。</blockquote></p><p> Sam Gandy, a Mount Sinai professor of Alzheimer’s disease research, said he and his colleagues, who are setting guidelines for Aduhelm, were open to prescribing the drug for certain patients, although only one of Biogen’s two clinical studies appeared to show the drug worked.</p><p><blockquote>西奈山阿尔茨海默病研究教授萨姆·甘迪(Sam Gandy)表示,他和正在为Aduhelm制定指南的同事愿意为某些患者开出该药物,尽管百健(Biogen)的两项临床研究中似乎只有一项表明该药物有效。</blockquote></p><p> Dr. Woodcock’s request for an investigation, however, threw into question whether the drug was appropriately evaluated and approved in the first place, Dr. Gandy said. Over the following days, the group decided they would wait for the investigation’s conclusion before considering infusions.</p><p><blockquote>然而,甘迪博士说,伍德库克博士的调查请求引发了人们对该药物最初是否经过适当评估和批准的质疑。在接下来的几天里,该小组决定在考虑输液之前等待调查结论。</blockquote></p><p> “I’m willing to allow for the possibility that the FDA may have the latitude to approve [Aduhelm] along this accelerated approval pathway, but not if I can’t trust the integrity of the process,” Dr. Gandy said in an interview. “We still want to do what’s best for our patients, but we simply don’t want to make a decision we can’t sustain.”</p><p><blockquote>甘迪博士在接受采访时表示:“我愿意考虑FDA可能有权通过这种加速批准途径批准[Aduhelm],但如果我不能相信该过程的完整性,就不会这样做。”“我们仍然想做对患者最有利的事情,但我们只是不想做出我们无法维持的决定。”</blockquote></p><p> Washington neurologist Nancy Isenberg, one of the Providence doctors involved in the decision to not administer Aduhelm, cited the drug’s potential for serious side effects, lack of clear benefit and high cost as reasons behind the policy. Providence, whose system includes 52 hospitals and more than 1,000 outpatient clinics, is also wary of prescribing the drug before investigators return results of an investigation of Aduhelm’s regulatory approval, she said.</p><p><blockquote>华盛顿神经科医生南希·伊森伯格(Nancy Isenberg)是参与决定不使用Aduhelm的普罗维登斯医生之一,她指出该药物可能产生严重副作用、缺乏明确的益处和高昂的成本是该政策背后的原因。她说,普罗维登斯的系统包括52家医院和1,000多家门诊诊所,在调查人员返回Aduhelm监管批准的调查结果之前,普罗维登斯也对开这种药物持谨慎态度。</blockquote></p><p> “I wish and I hope we can offer safe, effective and affordable treatments” for Alzheimer’s patients, Dr. Isenberg said. “At the same time, this is not that.”</p><p><blockquote>伊森伯格博士说:“我希望我们能够为阿尔茨海默氏症患者提供安全、有效和负担得起的治疗方法”。“同时,这个不是那个。”</blockquote></p><p> Resistance to Aduhelm from some hospitals and insurers may not affect Biogen, which analysts project could eventually ring up billions of dollars in sales from the drug.</p><p><blockquote>一些医院和保险公司对Aduhelm的耐药性可能不会影响Biogen,分析师预计该药物最终可能会带来数十亿美元的销售额。</blockquote></p><p> A fair number “of academic medical centers etc. can stay on sidelines and [the] math may still work,” Evercore ISI analyst Umer Raffat said in a research note.</p><p><blockquote>Evercore ISI分析师Umer Raffat在一份研究报告中表示,相当多的“学术医疗中心等可以保持观望,数学可能仍然有效”。</blockquote></p><p> Some skeptical doctors, he added, have said they won’t deny Aduhelm to interested patients.</p><p><blockquote>他补充说,一些持怀疑态度的医生表示,他们不会拒绝向感兴趣的患者提供Aduhelm。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/cleveland-clinic-mount-sinai-wont-give-biogens-new-alzheimers-drug-11626366968?mod=hp_lead_pos2\">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":{"BIIB":"渤健公司"},"source_url":"https://www.wsj.com/articles/cleveland-clinic-mount-sinai-wont-give-biogens-new-alzheimers-drug-11626366968?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153640468","content_text":"The three hospital operators are holding off on administering Aduhelm amid a debate over its effectiveness.\n\nThree large hospitals are declining to administerBiogenInc.’sBIIB-6.79%new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge from the Food and Drug Administration’s controversial approval of the drug last month.\nThe Cleveland Clinic, Mount Sinai Health System in New York and Providence in Renton, Wash., said they wouldn’t administer Aduhelm, which is also called aducanumab, to patients amid a debate about the drug’s effectiveness and whether the FDA lowered its standards in approving the medicine.\nThe hospitals’ moves come as some health insurers also restrict access to the therapy—unusual pushback against a drug targeting a devastating disease like Alzheimer’s that has few effective treatments.\nWhile some doctors have been eager to start prescribing the newly approved drug, others have criticized the FDA for clearing the drug before studies proved it works. The critics have also expressed concerns about whether the drug’s benefits, which appeared to be modest in studies, are worth the risks of side effects such as brain bleeding that require regular monitoring by physicians.\n“Clinical studies failed to demonstrate the effectiveness of Aduhelm…while documenting significant risks, like brain swelling and bleeding,” said a spokeswoman for Blue Cross and Blue Shield of North Carolina, which won’t cover the drug for its commercially insured patients.\nFederal officials recently began a monthslong review of whether Medicare will cover Aduhelm and under what circumstances. The vast majority of patients expected to get the drug are on Medicare, the federal insurance program for the elderly and disabled.\nThe Cleveland Clinic won’t carry the drug in its pharmacy or provide infusions of it to patients following a review of available scientific evidence by a multidisciplinary panel of experts, a hospital spokeswoman said.\nCleveland Clinic doctors, the spokeswoman said, can still prescribe the medicine, but patients will have to receive their infusions at an outside facility.\nAduhelm is given with a monthly infusion, typically at an outpatient medical center. Biogenpriced the drug at $56,000 a year, though one health researcher said it will probably cost more for a typical patient.\n“Based on the current data regarding its safety and efficacy, we have decided not to carry Aducanumab at this time,” the Cleveland Clinic said. The hospital said it will reconsider the decision when more data are available.\nMount Sinai said it won’t infuse Aduhelm until it sees the findings of a U.S. government investigation into interactions between FDA staff and Biogen during the review process. The investigation, which was requested last week by FDA Acting Commissioner Janet Woodcock,has raised concernsabout the integrity of the approval process, Mount Sinai said.\n“Medical decisions should be based on science and data, so it is disappointing that patients living with Alzheimer’s disease may reportedly not be able to access Aduhelm at some facilities,” a Biogen spokeswoman said. “Biogen continues to stand 100% behind Aduhelm and the clinical data that supported approval.”\n\n‘We still want to do what’s best for our patients, but we simply don’t want to make a decision we can’t sustain.’\n— \nDr. Sam Gandy, Alzheimer’s disease expert at Mount Sinai\n\nJason Karlawish, an Alzheimer’s specialist at the University of Pennsylvania, said the decision of some health systems to not give Aduhelm suggests an erosion of trust in the FDA’s decision making.\n“It’s very disturbing that we’re starting to hear health systems that rely on the FDA sending signals that they don’t trust the FDA,” Dr. Karlawish said in an interview. “I have to trust the system that puts drugs into the pharmacy so that I can prescribe them with confidence.”\nThe New York Times earlier reported that Cleveland Clinic and Mount Sinai weren’t going to administer Aduhelm to patients.\nIn June, theFDA approved Aduhelmbased on two large but inconclusive studies of its effect in slowing cognitive decline in people with mild Alzheimer’s symptoms.\nThe agency issued the approval using a regulatory mechanism that allows for drugs to be cleared before they are definitively proven effective, saying the Aduhelm was reasonably likely to provide a benefit by reducing levels of a sticky protein called amyloid from the brain.\nThe FDA approval wasmade over the objectionsof some of its own statisticians and members of an outside committee of experts convened by the agency to provide advice on the drug. Three of theoutside advisers resignedfrom the committee in protest of the FDA’s decision.\nThe FDA subsequentlynarrowed its recommendationfor who should get the drug, to Alzheimer’s patients in the early stage of the disease.\nDr. Woodcock’s request for an investigation last week prompted Mount Sinai to hold off on treating patients with Aduhelm.\nA Mount Sinai spokeswoman said that in addition to completion of the investigation, the hospital is awaiting the writing of “best practices” guidelines for Aduhelm by its own experts, as well as a standard review necessary for adding Aduhelm to its formulary of available drugs.\nSam Gandy, a Mount Sinai professor of Alzheimer’s disease research, said he and his colleagues, who are setting guidelines for Aduhelm, were open to prescribing the drug for certain patients, although only one of Biogen’s two clinical studies appeared to show the drug worked.\nDr. Woodcock’s request for an investigation, however, threw into question whether the drug was appropriately evaluated and approved in the first place, Dr. Gandy said. Over the following days, the group decided they would wait for the investigation’s conclusion before considering infusions.\n“I’m willing to allow for the possibility that the FDA may have the latitude to approve [Aduhelm] along this accelerated approval pathway, but not if I can’t trust the integrity of the process,” Dr. Gandy said in an interview. “We still want to do what’s best for our patients, but we simply don’t want to make a decision we can’t sustain.”\nWashington neurologist Nancy Isenberg, one of the Providence doctors involved in the decision to not administer Aduhelm, cited the drug’s potential for serious side effects, lack of clear benefit and high cost as reasons behind the policy. Providence, whose system includes 52 hospitals and more than 1,000 outpatient clinics, is also wary of prescribing the drug before investigators return results of an investigation of Aduhelm’s regulatory approval, she said.\n“I wish and I hope we can offer safe, effective and affordable treatments” for Alzheimer’s patients, Dr. Isenberg said. “At the same time, this is not that.”\nResistance to Aduhelm from some hospitals and insurers may not affect Biogen, which analysts project could eventually ring up billions of dollars in sales from the drug.\nA fair number “of academic medical centers etc. can stay on sidelines and [the] math may still work,” Evercore ISI analyst Umer Raffat said in a research note.\nSome skeptical doctors, he added, have said they won’t deny Aduhelm to interested patients.","news_type":1,"symbols_score_info":{"BIIB":0.9}},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151761219,"gmtCreate":1625107569431,"gmtModify":1633944704512,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"k","listText":"k","text":"k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/151761219","repostId":"1178516480","repostType":4,"repost":{"id":"1178516480","kind":"news","pubTimestamp":1625094708,"share":"https://www.laohu8.com/m/news/1178516480?lang=zh_CN&edition=full","pubTime":"2021-07-01 07:11","market":"us","language":"en","title":"S&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高,连续第五个季度上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178516480","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as inves","content":"<p>NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.</p><p><blockquote>纽约(路透社)-标普500周三连续第五次创下收盘新高,投资者在本月和本季度结束时基本上摆脱了积极的经济数据,并期待周五备受期待的就业报告。</blockquote></p><p> In the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.</p><p><blockquote>在2021年上半年的最后一个交易日,股指低迷且区间震荡,蓝筹股道指上涨,而纳斯达克则小幅走低。</blockquote></p><p> All three indexes posted their fifth consecutive quarterly gains, with the S&P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&P 500 registered its second-best first-half performance since 1998, rising 14.5%.</p><p><blockquote>三大指数均连续第五个季度上涨,标准普尔指数上涨8.2%,纳斯达克指数上涨9.5%,道指上涨4.6%。标普500上半年表现为1998年以来第二好,上涨14.5%。</blockquote></p><p> “It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”</p><p><blockquote>“这是一个不错的季度,”康涅狄格州费尔菲尔德Dakota Wealth的高级投资组合经理罗伯特·帕夫利克(Robert Pavlik)表示。“截至昨晚收盘,标普今年迄今已上涨超过14%,超过道指和纳斯达克。这表明股市正在出现广泛反弹。”</blockquote></p><p> For the month, the bellwether S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.</p><p><blockquote>本月,领头羊标普500连续第五次上涨,而道琼斯指数结束了四个月的连涨,小幅收低。纳斯达克在6月份也取得了进展。</blockquote></p><p> This month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.</p><p><blockquote>本月,投资者的兴趣从对经济敏感的周期性股票转向成长型股票。</blockquote></p><p> “Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”</p><p><blockquote>“今年迄今为止的领先行业正如你所预期的那样,”帕夫利克补充道。“能源、金融和工业,这表明经济环境正处于周期的早期阶段。”</blockquote></p><p> “(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.</p><p><blockquote>帕夫利克补充道:“在人们开始接受(美联储主席杰罗姆)鲍威尔关注暂时性通胀的言论后,(投资者)开始转向增长(股票)。”</blockquote></p><p> “Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”</p><p><blockquote>“一些重新开放的交易已经持续了一段时间,这正在引导人们恢复增长。”</blockquote></p><p> (Graphic: Growths stocks outperform value in June, narrow YTD gap, )</p><p><blockquote>(图:6月份成长股跑赢价值股,年初至今差距缩小,)</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5b82b4dfdc765d913811f9d8572e60f6\" tg-width=\"964\" tg-height=\"723\" referrerpolicy=\"no-referrer\">“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”</p><p><blockquote>纽约Inverness Counsel首席投资策略师蒂姆·格里斯基(Tim Ghriskey)表示:“整体股市继续上涨,在相当长一段时间内持续上涨。”“虽然按照历史标准来看估值肯定很高,但受益于经济复苏,估值一直处于相当稳定的水平。”</blockquote></p><p> The private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.</p><p><blockquote>根据薪资处理机构ADP的数据,私营部门6月份增加了692,000个就业岗位,轻松超出预期。这一数字比经济学家在劳工部周五发布的更全面的就业报告中预测的私人就业人数高出92,000人。</blockquote></p><p> The Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.</p><p><blockquote>道琼斯工业平均指数上涨210.22点,涨幅0.61%,至34,502.51点;标普500上涨5.7点,涨幅0.13%,至4,297.5点;纳斯达克综合指数下跌24.38点,涨幅0.17%,至14,503.95点。</blockquote></p><p> Among the 11 major sectors in the S&P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.</p><p><blockquote>在标准普尔11个主要板块中,有6个板块收高,其中能源板块涨幅最大。房地产是当天最大的输家。</blockquote></p><p> Boeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.</p><p><blockquote>德国国防部宣布将购买该飞机制造商的五架P-8A海上控制飞机,波音公司股价上涨1.6%,此前联合航空公布了有史以来最大的新飞机订单。</blockquote></p><p> Walmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.</p><p><blockquote>沃尔玛周二宣布将开始销售仅限处方的胰岛素类似物,股价上涨2.7%。</blockquote></p><p> Micron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.</p><p><blockquote>美光科技在季度财报发布前上涨2.5%,但在芯片制造商公布季度业绩后,盘后交易中相对没有变化。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.35比1;在纳斯达克,1.19比1的比率有利于下跌股。</blockquote></p><p> The S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.</p><p><blockquote>标普500创下20个52周新高,无新低;纳斯达克综合指数录得70个新高和36个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为108.5亿股,而过去20个交易日的平均成交量为110.5亿股。</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>S&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高,连续第五个季度上涨</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\">\nS&P 500 notches fifth straight record closing high, fifth straight quarterly gain<blockquote>标普500连续第五次创下收盘新高,连续第五个季度上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-07-01 07:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.</p><p><blockquote>纽约(路透社)-标普500周三连续第五次创下收盘新高,投资者在本月和本季度结束时基本上摆脱了积极的经济数据,并期待周五备受期待的就业报告。</blockquote></p><p> In the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.</p><p><blockquote>在2021年上半年的最后一个交易日,股指低迷且区间震荡,蓝筹股道指上涨,而纳斯达克则小幅走低。</blockquote></p><p> All three indexes posted their fifth consecutive quarterly gains, with the S&P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&P 500 registered its second-best first-half performance since 1998, rising 14.5%.</p><p><blockquote>三大指数均连续第五个季度上涨,标准普尔指数上涨8.2%,纳斯达克指数上涨9.5%,道指上涨4.6%。标普500上半年表现为1998年以来第二好,上涨14.5%。</blockquote></p><p> “It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”</p><p><blockquote>“这是一个不错的季度,”康涅狄格州费尔菲尔德Dakota Wealth的高级投资组合经理罗伯特·帕夫利克(Robert Pavlik)表示。“截至昨晚收盘,标普今年迄今已上涨超过14%,超过道指和纳斯达克。这表明股市正在出现广泛反弹。”</blockquote></p><p> For the month, the bellwether S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.</p><p><blockquote>本月,领头羊标普500连续第五次上涨,而道琼斯指数结束了四个月的连涨,小幅收低。纳斯达克在6月份也取得了进展。</blockquote></p><p> This month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.</p><p><blockquote>本月,投资者的兴趣从对经济敏感的周期性股票转向成长型股票。</blockquote></p><p> “Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”</p><p><blockquote>“今年迄今为止的领先行业正如你所预期的那样,”帕夫利克补充道。“能源、金融和工业,这表明经济环境正处于周期的早期阶段。”</blockquote></p><p> “(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.</p><p><blockquote>帕夫利克补充道:“在人们开始接受(美联储主席杰罗姆)鲍威尔关注暂时性通胀的言论后,(投资者)开始转向增长(股票)。”</blockquote></p><p> “Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”</p><p><blockquote>“一些重新开放的交易已经持续了一段时间,这正在引导人们恢复增长。”</blockquote></p><p> (Graphic: Growths stocks outperform value in June, narrow YTD gap, )</p><p><blockquote>(图:6月份成长股跑赢价值股,年初至今差距缩小,)</blockquote></p><p> <img src=\"https://static.tigerbbs.com/5b82b4dfdc765d913811f9d8572e60f6\" tg-width=\"964\" tg-height=\"723\" referrerpolicy=\"no-referrer\">“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”</p><p><blockquote>纽约Inverness Counsel首席投资策略师蒂姆·格里斯基(Tim Ghriskey)表示:“整体股市继续上涨,在相当长一段时间内持续上涨。”“虽然按照历史标准来看估值肯定很高,但受益于经济复苏,估值一直处于相当稳定的水平。”</blockquote></p><p> The private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.</p><p><blockquote>根据薪资处理机构ADP的数据,私营部门6月份增加了692,000个就业岗位,轻松超出预期。这一数字比经济学家在劳工部周五发布的更全面的就业报告中预测的私人就业人数高出92,000人。</blockquote></p><p> The Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.</p><p><blockquote>道琼斯工业平均指数上涨210.22点,涨幅0.61%,至34,502.51点;标普500上涨5.7点,涨幅0.13%,至4,297.5点;纳斯达克综合指数下跌24.38点,涨幅0.17%,至14,503.95点。</blockquote></p><p> Among the 11 major sectors in the S&P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.</p><p><blockquote>在标准普尔11个主要板块中,有6个板块收高,其中能源板块涨幅最大。房地产是当天最大的输家。</blockquote></p><p> Boeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.</p><p><blockquote>德国国防部宣布将购买该飞机制造商的五架P-8A海上控制飞机,波音公司股价上涨1.6%,此前联合航空公布了有史以来最大的新飞机订单。</blockquote></p><p> Walmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.</p><p><blockquote>沃尔玛周二宣布将开始销售仅限处方的胰岛素类似物,股价上涨2.7%。</blockquote></p><p> Micron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.</p><p><blockquote>美光科技在季度财报发布前上涨2.5%,但在芯片制造商公布季度业绩后,盘后交易中相对没有变化。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.35比1;在纳斯达克,1.19比1的比率有利于下跌股。</blockquote></p><p> The S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.</p><p><blockquote>标普500创下20个52周新高,无新低;纳斯达克综合指数录得70个新高和36个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为108.5亿股,而过去20个交易日的平均成交量为110.5亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R\">Reuters</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",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/us-usa-stocks/sp-500-notches-fifth-straight-record-closing-high-fifth-straight-quarterly-gain-idUSKCN2E619R","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178516480","content_text":"NEW YORK (Reuters) - The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.\nIn the last session of 2021’s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.\nAll three indexes posted their fifth consecutive quarterly gains, with the S&P rising 8.2%, the Nasdaq advancing 9.5% and the Dow rising 4.6%. The S&P 500 registered its second-best first-half performance since 1998, rising 14.5%.\n“It’s been a good quarter,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “As of last night’s close, the S&P has gained more than 14% year-to-date, topping the Dow and the Nasdaq. That indicates that the stock market is having a broad rally.”\nFor the month, the bellwether S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly lower. The Nasdaq also gained ground in June.\nThis month, investor appetite shifted away from economically sensitive cyclicals in favor of growth stocks.\n“Leading sectors year-to-date are what you’d expect,” Pavlik added. “Energy, financials and industrials, and that speaks to an economic environment that’s in the early stages of a cycle.”\n“(Investors) started the switch back to growth (stocks) after people started to buy in to (Fed Chair Jerome) Powell’s comments that focus on transitory inflation,” Pavlik added.\n“Some of the reopening trades have gotten a bit long in the tooth and that’s leading people back to growth.”\n(Graphic: Growths stocks outperform value in June, narrow YTD gap, )\n“The overall stock market continues to be on a tear, with very consistent gains for quite some time,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. “Valuations, while certainly high by historical standards, have been at a fairly consistent level, benefiting from the economic recovery.”\nThe private sector added 692,000 jobs in June, breezing past expectations, according to payroll processor ADP. The number is 92,000 higher than the private payroll adds economists predict from the Labor Department’s more comprehensive employment report due on Friday.\nThe Dow Jones Industrial Average rose 210.22 points, or 0.61%, to 34,502.51, the S&P 500 gained 5.7 points, or 0.13%, to 4,297.5 and the Nasdaq Composite dropped 24.38 points, or 0.17%, to 14,503.95.\nAmong the 11 major sectors in the S&P, six ended the session higher, with energy enjoying the biggest percentage gain. Real estate was the day’s biggest loser.\nBoeing Co gained 1.6% after Germany’s defense ministry announced it would buy five of the planemaker’s P-8A maritime control aircraft, coming on the heels of United Airlines unveiling its largest-ever order for new planes.\nWalmart jumped 2.7% after announcing on Tuesday that it would start selling a prescription-only insulin analog.\nMicron Technology advanced 2.5% ahead of its quarterly earnings release, but was relatively unchanged in after-hours trading following the chipmaker’s quarterly results.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.19-to-1 ratio favored decliners.\nThe S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 36 new lows.\nVolume on U.S. exchanges was 10.85 billion shares, compared with the 11.05 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836166664,"gmtCreate":1629465920558,"gmtModify":1631892677891,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>u might cry next week if u don't buy today","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>u might cry next week if u don't buy today","text":"$Tiger Brokers(TIGR)$u might cry next week if u don't buy today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/836166664","isVote":1,"tweetType":1,"viewCount":1216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838630299,"gmtCreate":1629389329511,"gmtModify":1633685185400,"author":{"id":"3579215123116789","authorId":"3579215123116789","name":"Steu","avatar":"https://static.tigerbbs.com/9931a7113b073148143987262a763823","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579215123116789","authorIdStr":"3579215123116789"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>大家知道几号会发财报","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>大家知道几号会发财报","text":"$Tiger Brokers(TIGR)$大家知道几号会发财报","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/838630299","isVote":1,"tweetType":1,"viewCount":1602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}