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2021-03-26

$17 Education & Technology Group Inc.(YQ)$今晚会再被教育吗？

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2021-09-12

[Observation]

US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week

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2021-08-09

[Spurting] [Spurting]

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2021-05-03

[Observation] [Observation]

Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week

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2021-08-17

[Observation] [Observation]

Roblox bookings miss Wall St target as easing curbs hurt online games

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2021-10-26

☺️☺️

AMD earnings look to again succeed where Intel disappointed

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2021-08-01

[Observation]

Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World

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2021-06-21

[Observation]

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2021-09-04

[Observation] [Observation]

2 Good Reasons the Stock Market Isn’t Ready to Blow Up Yet

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2021-08-14

[Observation] [Observation]

Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing

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2021-08-03

[Smile] [Smile]

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2021-07-16

[Miser] [Miser]

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2021-07-09

[Observation]

Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more

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2021-04-27

Hen hao~

Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.

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2021-04-23

[Observation] [Observation]

3 Top Fintech Stocks to Buy

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2021-10-29

Tell me your opinion about this news...

Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?

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2021-09-16

[Observation]

First all-civilian crew bound for orbit launches aboard SpaceX rocket ship

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2021-09-08

[Observation]

After-Hours Stock Movers: NIO,Coupa Software,Coty,UiPath and more

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2021-08-31

[Observation] [Observation]

抱歉，原内容已删除

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2021-07-22

[Observation] [Observation]

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[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601353045","repostId":"1101828151","repostType":4,"repost":{"id":"1101828151","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":1638493297,"share":"https://www.laohu8.com/m/news/1101828151?lang=&edition=full","pubTime":"2021-12-03 09:01","market":"hk","language":"en","title":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.","url":"https://stock-news.laohu8.com/highlight/detail?id=1101828151","media":"Tiger Newspress","summary":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), th","content":"<p>DIDI&nbsp;prepares to delist from U.S. stocks and&nbsp;to list in Hong Kong.</p>\n<p>DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p>\n<p>The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p>\n<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>DIDI prepares to delist from U.S. stocks and to list in Hong Kong.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDIDI prepares to delist from U.S. stocks and to list in Hong Kong.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-03 09:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DIDI&nbsp;prepares to delist from U.S. stocks and&nbsp;to list in Hong Kong.</p>\n<p>DiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.</p>\n<p>The Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101828151","content_text":"DIDI prepares to delist from U.S. stocks and to list in Hong Kong.\nDiDi Global Inc. (NYSE: DIDI), the world’s leading mobility technology platform, today announced that its board of directors (the “Board”) has authorized and supports the Company to undertake the necessary procedures and file the relevant application(s) for the delisting of the Company’s ADSs from the New York Stock Exchange, while ensuring that ADSs will be convertible into freely tradable shares of the Company on another internationally recognized stock exchange at the election of ADS holders.\nThe Company will organize a shareholders meeting to vote on the above matter at an appropriate time in the future, following necessary procedures. The Board has also authorized the Company to pursue a listing of its class A ordinary shares on the Main Board of the Hong Kong Stock Exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600073064,"gmtCreate":1638023633962,"gmtModify":1638023634091,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600073064","repostId":"877237704","repostType":1,"repost":{"id":877237704,"gmtCreate":1637934691594,"gmtModify":1638108006143,"author":{"id":"3474273072027739","authorId":"3474273072027739","name":"卡尔洋","avatar":"https://static.tigerbbs.com/b5bb61521c38f41b9c93c2497a4237ef","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3474273072027739","authorIdStr":"3474273072027739"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/META\">$Roundhill Ball Metaverse ETF(META)$</a><a href=\"https://laohu8.com/S/.IXIC\">$纳斯达克(.IXIC)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>病毒新变种利好元宇宙，META买买买","listText":"<a href=\"https://laohu8.com/S/META\">$Roundhill Ball Metaverse ETF(META)$</a><a href=\"https://laohu8.com/S/.IXIC\">$纳斯达克(.IXIC)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>病毒新变种利好元宇宙，META买买买","text":"$Roundhill Ball Metaverse ETF(META)$$纳斯达克(.IXIC)$$特斯拉(TSLA)$病毒新变种利好元宇宙，META买买买","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877237704","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854740197,"gmtCreate":1635487317883,"gmtModify":1635487318256,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854740197","repostId":"1122237204","repostType":4,"repost":{"id":"1122237204","kind":"news","pubTimestamp":1635476471,"share":"https://www.laohu8.com/m/news/1122237204?lang=&edition=full","pubTime":"2021-10-29 11:01","market":"us","language":"en","title":"Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1122237204","media":"Seeking Alpha","summary":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused w","content":"<p><b>Summary</b></p>\n<ul>\n <li>Intel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.</li>\n <li>Advanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su &amp; Co. is making the most out of Intel's stumbles.</li>\n <li>Nvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.</li>\n <li>We discuss which semiconductor stock is the better buy now.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c8b907cc53a6667f686b7acaf873b0a\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Advanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.</p>\n<p>Notably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger &amp; Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.</p>\n<p>Nvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang &amp; Co. see \"sequential growth&nbsp;driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.</p>\n<p>We will discuss which semiconductor stock is the better buy now between them.</p>\n<p><b>INTC, NVDA, AMD Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc276e3bd3b1b72a0413e8be2d14ebe3\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>INTC, NVDA, AMD stock YTD performance (as of 27 October 21).</span></p>\n<p>NVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.</p>\n<p>In contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.</p>\n<p><b>Intel FQ3 Report Card Is Telling Of Its Weakening Leadership</b></p>\n<p>There's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f910460f850f7c0c3bd3508e0812fa7b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Intel LTM revenue by segment. Data source: Company filings</span></p>\n<p>Intel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.</p>\n<p>DCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger &amp; Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.</p>\n<p>Intel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.</p>\n<p>Counterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021&nbsp;at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"</p>\n<p>Notwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that&nbsp;Apple's YoY shipment growth in CQ2&nbsp;was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.</p>\n<p>Therefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c622b359fd3a73cac53c0e4410177c3\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>INTC and AMD LTM gross margins. Data source: S&amp;P Capital IQ</span></p>\n<p>Pat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:</p>\n<blockquote>\n <i>We expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years</i>. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n <i>we expect gross margins between 51% and 53% over the next 2 to 3 years</i>before moving upward. (from Intel Q3 earnings call)\n</blockquote>\n<p>We find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su &amp; Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.</p>\n<p>We also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators&nbsp;that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger &amp; Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.</p>\n<p>The good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su &amp; Co., you have been cautioned.</p>\n<p><b>AMD Continues Its Gangbusters Growth</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb460f1a24eeac1ff3e46cc0ebd78f3\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD quarterly revenue by segment. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5df5298fbc9733b0c0a8b1110c401ba\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD revenue segments YoY growth. Data source: Company filings</span></p>\n<p>There's little doubt that Dr. Lisa Su &amp; Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.</p>\n<p>In fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:</p>\n<blockquote>\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n <i>39% year-over-year and approximately 4% sequentially</i>. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n <i>we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses</i>, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n</blockquote>\n<p>For a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af9edf4c4d4b8055eee2f32456b6589d\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>AMD est. revenue and EBITDA mean consensus. Data source: S&amp;P Capital IQ</span></p>\n<p>However, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/970fd9b4cebec404a6c9bcc8c5b18140\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"><span>AMD LTM revenue and EBITDA. Data source: S&amp;P Capital IQ</span></p>\n<p>Importantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.</p>\n<p>We can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.</p>\n<p><b>Nvidia Is Expected To Post Slower Much Growth Than Before</b></p>\n<p>Jensen Huang &amp; Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.</p>\n<p>The company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.</p>\n<p>Datacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa0d4e579274e870b43dadcb6aa0be7\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>NVDA actual and est. quarterly revenue YoY growth. Data source: S&amp;P Capital IQ</span></p>\n<p>Notably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang &amp; Co. to beat.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0873d94239c63b839b483644a71fe429\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>NVDA earnings beats/misses. Source: Seeking Alpha Premium</span></p>\n<p>Notwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.</p>\n<p>We understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.</p>\n<p>We recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.</p>\n<p>The main problem is that Nvidia couldn't/is not willing to put a timeline to<i>when they would derive meaningful revenues from its software stack.</i>Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"</p>\n<p><b>So, Which Chip Stock Is The Better Buy?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97466fa7c05502ccb3d3fb348c1fbedd\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>AMD stock EV/NTM EBITDA 3Y mean.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58c3575f8db9aafef9a106f36114a1b7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>NVDA stock EV/NTM EBITDA 3Y mean.</span></p>\n<p>AMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/467ed7eaf7cb4b7aed414494c2110be8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>INTC stock EV/NTM EBITDA 3Y mean.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55716ccea92c6410434d2f1ab7d3ef15\" tg-width=\"640\" tg-height=\"265\" referrerpolicy=\"no-referrer\"><span>INTC stock LTM dividend yield. Data source: S&amp;P Capital IQ</span></p>\n<p>INTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.</p>\n<p>Pat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.</p>\n<p>Despite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.</p>\n<p>Therefore, we think&nbsp;<i>AMD stock represents our preferred Buy</i>&nbsp;for now.<i>INTC stock is also a Buy</i>&nbsp;for dividend and value investors. At the same time, we&nbsp;<i>retain our Neutral rating on NVDA</i>.</p>\n<p>This article was written by&nbsp;JR Research.</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>Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","INTC":"英特尔","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122237204","content_text":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su & Co. is making the most out of Intel's stumbles.\nNvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.\nWe discuss which semiconductor stock is the better buy now.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nAdvanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.\nNotably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger & Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.\nNvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang & Co. see \"sequential growth driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.\nWe will discuss which semiconductor stock is the better buy now between them.\nINTC, NVDA, AMD Stock YTD Performance\nINTC, NVDA, AMD stock YTD performance (as of 27 October 21).\nNVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.\nIn contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.\nIntel FQ3 Report Card Is Telling Of Its Weakening Leadership\nThere's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.\nIntel LTM revenue by segment. Data source: Company filings\nIntel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.\nDCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger & Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.\nIntel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.\nCounterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021 at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"\nNotwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that Apple's YoY shipment growth in CQ2 was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.\nTherefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.\nINTC and AMD LTM gross margins. Data source: S&P Capital IQ\nPat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:\n\nWe expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n we expect gross margins between 51% and 53% over the next 2 to 3 yearsbefore moving upward. (from Intel Q3 earnings call)\n\nWe find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su & Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.\nWe also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger & Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.\nThe good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su & Co., you have been cautioned.\nAMD Continues Its Gangbusters Growth\nAMD quarterly revenue by segment. Data source: Company filings\nAMD revenue segments YoY growth. Data source: Company filings\nThere's little doubt that Dr. Lisa Su & Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.\nIn fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:\n\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n 39% year-over-year and approximately 4% sequentially. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n\nFor a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.\nAMD est. revenue and EBITDA mean consensus. Data source: S&P Capital IQ\nHowever, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.\nAMD LTM revenue and EBITDA. Data source: S&P Capital IQ\nImportantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.\nWe can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.\nNvidia Is Expected To Post Slower Much Growth Than Before\nJensen Huang & Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.\nThe company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.\nDatacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.\nNVDA actual and est. quarterly revenue YoY growth. Data source: S&P Capital IQ\nNotably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang & Co. to beat.\nNVDA earnings beats/misses. Source: Seeking Alpha Premium\nNotwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.\nWe understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.\nWe recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.\nThe main problem is that Nvidia couldn't/is not willing to put a timeline towhen they would derive meaningful revenues from its software stack.Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"\nSo, Which Chip Stock Is The Better Buy?\nAMD stock EV/NTM EBITDA 3Y mean.\nNVDA stock EV/NTM EBITDA 3Y mean.\nAMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.\nINTC stock EV/NTM EBITDA 3Y mean.\nINTC stock LTM dividend yield. Data source: S&P Capital IQ\nINTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.\nPat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.\nDespite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.\nTherefore, we think AMD stock represents our preferred Buy for now.INTC stock is also a Buy for dividend and value investors. At the same time, we retain our Neutral rating on NVDA.\nThis article was written by JR Research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854740913,"gmtCreate":1635487310627,"gmtModify":1635487310975,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854740913","repostId":"1122237204","repostType":4,"repost":{"id":"1122237204","kind":"news","pubTimestamp":1635476471,"share":"https://www.laohu8.com/m/news/1122237204?lang=&edition=full","pubTime":"2021-10-29 11:01","market":"us","language":"en","title":"Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1122237204","media":"Seeking Alpha","summary":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused w","content":"<p><b>Summary</b></p>\n<ul>\n <li>Intel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.</li>\n <li>Advanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su &amp; Co. is making the most out of Intel's stumbles.</li>\n <li>Nvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.</li>\n <li>We discuss which semiconductor stock is the better buy now.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c8b907cc53a6667f686b7acaf873b0a\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Advanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.</p>\n<p>Notably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger &amp; Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.</p>\n<p>Nvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang &amp; Co. see \"sequential growth&nbsp;driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.</p>\n<p>We will discuss which semiconductor stock is the better buy now between them.</p>\n<p><b>INTC, NVDA, AMD Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc276e3bd3b1b72a0413e8be2d14ebe3\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>INTC, NVDA, AMD stock YTD performance (as of 27 October 21).</span></p>\n<p>NVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.</p>\n<p>In contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.</p>\n<p><b>Intel FQ3 Report Card Is Telling Of Its Weakening Leadership</b></p>\n<p>There's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f910460f850f7c0c3bd3508e0812fa7b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Intel LTM revenue by segment. Data source: Company filings</span></p>\n<p>Intel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.</p>\n<p>DCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger &amp; Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.</p>\n<p>Intel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.</p>\n<p>Counterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021&nbsp;at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"</p>\n<p>Notwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that&nbsp;Apple's YoY shipment growth in CQ2&nbsp;was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.</p>\n<p>Therefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c622b359fd3a73cac53c0e4410177c3\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>INTC and AMD LTM gross margins. Data source: S&amp;P Capital IQ</span></p>\n<p>Pat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:</p>\n<blockquote>\n <i>We expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years</i>. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n <i>we expect gross margins between 51% and 53% over the next 2 to 3 years</i>before moving upward. (from Intel Q3 earnings call)\n</blockquote>\n<p>We find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su &amp; Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.</p>\n<p>We also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators&nbsp;that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger &amp; Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.</p>\n<p>The good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su &amp; Co., you have been cautioned.</p>\n<p><b>AMD Continues Its Gangbusters Growth</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb460f1a24eeac1ff3e46cc0ebd78f3\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD quarterly revenue by segment. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5df5298fbc9733b0c0a8b1110c401ba\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD revenue segments YoY growth. Data source: Company filings</span></p>\n<p>There's little doubt that Dr. Lisa Su &amp; Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.</p>\n<p>In fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:</p>\n<blockquote>\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n <i>39% year-over-year and approximately 4% sequentially</i>. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n <i>we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses</i>, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n</blockquote>\n<p>For a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af9edf4c4d4b8055eee2f32456b6589d\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>AMD est. revenue and EBITDA mean consensus. Data source: S&amp;P Capital IQ</span></p>\n<p>However, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/970fd9b4cebec404a6c9bcc8c5b18140\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"><span>AMD LTM revenue and EBITDA. Data source: S&amp;P Capital IQ</span></p>\n<p>Importantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.</p>\n<p>We can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.</p>\n<p><b>Nvidia Is Expected To Post Slower Much Growth Than Before</b></p>\n<p>Jensen Huang &amp; Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.</p>\n<p>The company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.</p>\n<p>Datacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa0d4e579274e870b43dadcb6aa0be7\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>NVDA actual and est. quarterly revenue YoY growth. Data source: S&amp;P Capital IQ</span></p>\n<p>Notably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang &amp; Co. to beat.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0873d94239c63b839b483644a71fe429\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>NVDA earnings beats/misses. Source: Seeking Alpha Premium</span></p>\n<p>Notwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.</p>\n<p>We understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.</p>\n<p>We recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.</p>\n<p>The main problem is that Nvidia couldn't/is not willing to put a timeline to<i>when they would derive meaningful revenues from its software stack.</i>Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"</p>\n<p><b>So, Which Chip Stock Is The Better Buy?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97466fa7c05502ccb3d3fb348c1fbedd\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>AMD stock EV/NTM EBITDA 3Y mean.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58c3575f8db9aafef9a106f36114a1b7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>NVDA stock EV/NTM EBITDA 3Y mean.</span></p>\n<p>AMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/467ed7eaf7cb4b7aed414494c2110be8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>INTC stock EV/NTM EBITDA 3Y mean.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55716ccea92c6410434d2f1ab7d3ef15\" tg-width=\"640\" tg-height=\"265\" referrerpolicy=\"no-referrer\"><span>INTC stock LTM dividend yield. Data source: S&amp;P Capital IQ</span></p>\n<p>INTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.</p>\n<p>Pat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.</p>\n<p>Despite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.</p>\n<p>Therefore, we think&nbsp;<i>AMD stock represents our preferred Buy</i>&nbsp;for now.<i>INTC stock is also a Buy</i>&nbsp;for dividend and value investors. At the same time, we&nbsp;<i>retain our Neutral rating on NVDA</i>.</p>\n<p>This article was written by&nbsp;JR Research.</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>Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","INTC":"英特尔","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122237204","content_text":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su & Co. is making the most out of Intel's stumbles.\nNvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.\nWe discuss which semiconductor stock is the better buy now.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nAdvanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.\nNotably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger & Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.\nNvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang & Co. see \"sequential growth driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.\nWe will discuss which semiconductor stock is the better buy now between them.\nINTC, NVDA, AMD Stock YTD Performance\nINTC, NVDA, AMD stock YTD performance (as of 27 October 21).\nNVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.\nIn contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.\nIntel FQ3 Report Card Is Telling Of Its Weakening Leadership\nThere's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.\nIntel LTM revenue by segment. Data source: Company filings\nIntel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.\nDCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger & Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.\nIntel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.\nCounterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021 at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"\nNotwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that Apple's YoY shipment growth in CQ2 was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.\nTherefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.\nINTC and AMD LTM gross margins. Data source: S&P Capital IQ\nPat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:\n\nWe expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n we expect gross margins between 51% and 53% over the next 2 to 3 yearsbefore moving upward. (from Intel Q3 earnings call)\n\nWe find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su & Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.\nWe also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger & Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.\nThe good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su & Co., you have been cautioned.\nAMD Continues Its Gangbusters Growth\nAMD quarterly revenue by segment. Data source: Company filings\nAMD revenue segments YoY growth. Data source: Company filings\nThere's little doubt that Dr. Lisa Su & Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.\nIn fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:\n\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n 39% year-over-year and approximately 4% sequentially. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n\nFor a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.\nAMD est. revenue and EBITDA mean consensus. Data source: S&P Capital IQ\nHowever, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.\nAMD LTM revenue and EBITDA. Data source: S&P Capital IQ\nImportantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.\nWe can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.\nNvidia Is Expected To Post Slower Much Growth Than Before\nJensen Huang & Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.\nThe company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.\nDatacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.\nNVDA actual and est. quarterly revenue YoY growth. Data source: S&P Capital IQ\nNotably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang & Co. to beat.\nNVDA earnings beats/misses. Source: Seeking Alpha Premium\nNotwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.\nWe understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.\nWe recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.\nThe main problem is that Nvidia couldn't/is not willing to put a timeline towhen they would derive meaningful revenues from its software stack.Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"\nSo, Which Chip Stock Is The Better Buy?\nAMD stock EV/NTM EBITDA 3Y mean.\nNVDA stock EV/NTM EBITDA 3Y mean.\nAMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.\nINTC stock EV/NTM EBITDA 3Y mean.\nINTC stock LTM dividend yield. Data source: S&P Capital IQ\nINTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.\nPat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.\nDespite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.\nTherefore, we think AMD stock represents our preferred Buy for now.INTC stock is also a Buy for dividend and value investors. At the same time, we retain our Neutral rating on NVDA.\nThis article was written by JR Research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852910865,"gmtCreate":1635233687883,"gmtModify":1635233712056,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"☺️☺️","listText":"☺️☺️","text":"☺️☺️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852910865","repostId":"2177412181","repostType":4,"repost":{"id":"2177412181","kind":"highlight","pubTimestamp":1635219132,"share":"https://www.laohu8.com/m/news/2177412181?lang=&edition=full","pubTime":"2021-10-26 11:32","market":"us","language":"en","title":"AMD earnings look to again succeed where Intel disappointed","url":"https://stock-news.laohu8.com/highlight/detail?id=2177412181","media":"MarketWatch","summary":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analy","content":"<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30ec3c9220844c561016f0de86f86f52\" tg-width=\"699\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Advanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.</span></p>\n<p>Advanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.</p>\n<p>AMD&nbsp;is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel&nbsp;reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.</p>\n<p>That led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.</p>\n<p>Bernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.</p>\n<p>\"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.</p>\n<p>That underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.</p>\n<p>While AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.</p>\n<p>One other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.</p>\n<p><b>What to expect</b></p>\n<p><b>Earnings: </b>Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.</p>\n<p><b>Revenue:</b> Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.</p>\n<p><b>Stock movement:</b> While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.</p>\n<p>AMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&amp;P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.</p>\n<p><b>What analysts are saying</b></p>\n<p>Cowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"</p>\n<p>\"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"</p>\n<p>Earlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.</p>\n<p>On data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.</p>\n<p>\"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"</p>\n<p>Susquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"</p>\n<p>Still, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.</p>\n<p>Of the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD earnings look to again succeed where Intel disappointed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD earnings look to again succeed where Intel disappointed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-26 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink\nAdvanced Micro Devices Inc...</p>\n\n<a href=\"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177412181","content_text":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink\nAdvanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.\nAdvanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.\nAMD is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.\nThat led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.\nBernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.\n\"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.\nThat underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.\nWhile AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.\nOne other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.\nWhat to expect\nEarnings: Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.\nRevenue: Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.\nStock movement: While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.\nAMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.\nWhat analysts are saying\nCowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"\n\"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"\nEarlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.\nOn data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.\n\"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"\nSusquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"\nStill, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.\nOf the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.","news_type":1},"isVote":1,"tweetType":1,"viewCount":991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853667273,"gmtCreate":1634802938689,"gmtModify":1634803352921,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853667273","repostId":"2177455500","repostType":2,"repost":{"id":"2177455500","kind":"news","pubTimestamp":1634792407,"share":"https://www.laohu8.com/m/news/2177455500?lang=&edition=full","pubTime":"2021-10-21 13:00","market":"us","language":"zh","title":"摩根大通:将福特汽车(F.US)目标价从18美元上调至20美元","url":"https://stock-news.laohu8.com/highlight/detail?id=2177455500","media":"智通财经","summary":"【摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元】摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元。","content":"<html><body><article><p>【<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>：将<a href=\"https://laohu8.com/S/F\">福特汽车</a>(F.US)目标价从18美元上调至20美元】摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元。</p></article></body></html>","source":"tencent","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>摩根大通:将福特汽车(F.US)目标价从18美元上调至20美元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n摩根大通:将福特汽车(F.US)目标价从18美元上调至20美元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 13:00 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202110211303437c4a108c&s=b><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元】摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元。</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202110211303437c4a108c&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4ecccb954c9a03cd26d576ebec5c96d6","relate_stocks":{"F":"福特汽车"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202110211303437c4a108c&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2177455500","content_text":"【摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元】摩根大通：将福特汽车(F.US)目标价从18美元上调至20美元。","news_type":1},"isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853858611,"gmtCreate":1634791569781,"gmtModify":1634791570146,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853858611","repostId":"1161508302","repostType":4,"repost":{"id":"1161508302","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1634780797,"share":"https://www.laohu8.com/m/news/1161508302?lang=&edition=full","pubTime":"2021-10-21 09:46","market":"hk","language":"zh","title":"双十一预售已开启！龙头公司股价提前预热","url":"https://stock-news.laohu8.com/highlight/detail?id=1161508302","media":"Wind万得","summary":"一年一度的购物狂欢季即将开启，消费者的狂欢同时也是资本市场的盛宴。受利好消息影响，京东集团港股价格创半年多新高，阿里巴巴股价自前期底部反弹超过30%。\n据媒体消息，京东11.11将于10月20日晚8点","content":"<p>一年一度的购物狂欢季即将开启，消费者的狂欢同时也是资本市场的盛宴。<b>受利好消息影响，京东集团港股价格创半年多新高，阿里巴巴股价自前期底部反弹超过30%。</b></p>\n<p>据媒体消息，京东11.11将于10月20日晚8点正式开启预售。10月20日晚8点至31日晚8点前为京东11.11预售期，消费者可以先付定金锁定好物，享定金膨胀不止10倍等优惠活动。10月31日晚8点起，消费者每天均可领取“每满200减30”的头号京贴，享受全品类跨店满减，同时头号京贴也可以在支付尾款时与定金膨胀优惠叠加使用。从10月31日开始，每晚8点，准时下起现金红包雨。</p>\n<p>受利好消息影响，近期京东港股价格持续拉升，截至10月20日收盘，上涨2.54%，报331.20港元/股，创半年多以来新高。</p>\n<p><img src=\"https://static.tigerbbs.com/92b761d5b3ae7c8b34e7b384b612c6e7\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>根据此前消息，今年天猫双十一，将从10月20日20点启动第一波预售，11月4日20点开启第二波预售。两个售卖期时间分别是11月1-3日和11月11日。</p>\n<p>两家头部公司与2020年双十一10月21日零点开启预售相比，今年预售时间均有所提前。</p>\n<p>不仅在零售领域，在科技领域，阿里巴巴同样成果非凡。10月19日，2021云栖大会在杭州开幕，阿里巴巴旗下半导体公司平头哥发布自研云芯片倚天710。阿里云智能总裁、达摩院院长张建锋表示，该芯片是业界性能最强的ARM服务器芯片，性能超过业界标杆20%，能效比提升50%以上。</p>\n<p>受多重利好影响，阿里巴巴近期股价亦出现明显反弹，而此前近一年时间公司股价区间跌幅超过55%。</p>\n<p><img src=\"https://static.tigerbbs.com/ecfee20a37b693298dcc58c02ba892b8\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>对于公司未来股价走势，机构普遍看高至210港元以上，相比当前的价格，仍有20%以上的空间。</p>\n<p><img src=\"https://static.tigerbbs.com/9c5ef80b76dc2473171e7c412d2cc8db\" tg-width=\"551\" tg-height=\"370\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>//恒生科技指数底部企稳&nbsp; //</b></p>\n<p>事实上，除两家电商龙头外，整个科技板块近期均出现企稳回升的态势。恒生科技指数在8月20日创出一年多新低后，本月初二次探底，但并未跌破前期低点，其自年初高点以来，区间最大跌幅超过40%，从技术形态上来看，也存在企稳需求。</p>\n<p><img src=\"https://static.tigerbbs.com/9716b16d6ae1e80f7cbed0ccfa523ee9\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p><b>//&nbsp;机构一致看多龙头公司&nbsp; //</b></p>\n<p>从板块市值排名居前的公司看，腾讯控股近期亦出现明显反弹走势，此前从2月份高点连续下跌达半年之久，累计跌幅亦超过40%，股价一度逼近400港元。截至10月20日收盘，股价再度站上500港元。</p>\n<p><img src=\"https://static.tigerbbs.com/f386dd9d963f95f8cf69910edd3c0316\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>从近期机构给出的投资评级来看，普遍看多至600港元以上。</p>\n<p><img src=\"https://static.tigerbbs.com/0cd4dee75ae9d7c30fdb46dff0fe10dc\" tg-width=\"557\" tg-height=\"375\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>对于市值超万亿的美团而言，股价走势已经充分反映了主力资金的选择，自8月份低点以来，股价反弹幅度已经超过50%。</p>\n<p><img src=\"https://static.tigerbbs.com/2afecae503843ee87dade23dccec224c\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>惠誉发布报告称，尽管中国电子商务公司美团的反垄断处罚低于惠誉评级的预期，但我们认为该公司的运营仍面临监管压力。将美团的评级展望从负面修正为稳定，将取决于2022年盈利能力的复苏，尤其是EBITDA，以及新业务的投资步伐。</p>\n<p>不确定因素的落地也刺激了南下资金的回流，9月27日以来，南下资金已经连续8天净买入，累计净买入2200多万股。</p>\n<p><img src=\"https://static.tigerbbs.com/14289df26c6737cd9236d6e704d2a537\" tg-width=\"669\" tg-height=\"347\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></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>双十一预售已开启！龙头公司股价提前预热</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{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n双十一预售已开启！龙头公司股价提前预热\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time\">2021-10-21 09:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>一年一度的购物狂欢季即将开启，消费者的狂欢同时也是资本市场的盛宴。<b>受利好消息影响，京东集团港股价格创半年多新高，阿里巴巴股价自前期底部反弹超过30%。</b></p>\n<p>据媒体消息，京东11.11将于10月20日晚8点正式开启预售。10月20日晚8点至31日晚8点前为京东11.11预售期，消费者可以先付定金锁定好物，享定金膨胀不止10倍等优惠活动。10月31日晚8点起，消费者每天均可领取“每满200减30”的头号京贴，享受全品类跨店满减，同时头号京贴也可以在支付尾款时与定金膨胀优惠叠加使用。从10月31日开始，每晚8点，准时下起现金红包雨。</p>\n<p>受利好消息影响，近期京东港股价格持续拉升，截至10月20日收盘，上涨2.54%，报331.20港元/股，创半年多以来新高。</p>\n<p><img src=\"https://static.tigerbbs.com/92b761d5b3ae7c8b34e7b384b612c6e7\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>根据此前消息，今年天猫双十一，将从10月20日20点启动第一波预售，11月4日20点开启第二波预售。两个售卖期时间分别是11月1-3日和11月11日。</p>\n<p>两家头部公司与2020年双十一10月21日零点开启预售相比，今年预售时间均有所提前。</p>\n<p>不仅在零售领域，在科技领域，阿里巴巴同样成果非凡。10月19日，2021云栖大会在杭州开幕，阿里巴巴旗下半导体公司平头哥发布自研云芯片倚天710。阿里云智能总裁、达摩院院长张建锋表示，该芯片是业界性能最强的ARM服务器芯片，性能超过业界标杆20%，能效比提升50%以上。</p>\n<p>受多重利好影响，阿里巴巴近期股价亦出现明显反弹，而此前近一年时间公司股价区间跌幅超过55%。</p>\n<p><img src=\"https://static.tigerbbs.com/ecfee20a37b693298dcc58c02ba892b8\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>对于公司未来股价走势，机构普遍看高至210港元以上，相比当前的价格，仍有20%以上的空间。</p>\n<p><img src=\"https://static.tigerbbs.com/9c5ef80b76dc2473171e7c412d2cc8db\" tg-width=\"551\" tg-height=\"370\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>//恒生科技指数底部企稳&nbsp; //</b></p>\n<p>事实上，除两家电商龙头外，整个科技板块近期均出现企稳回升的态势。恒生科技指数在8月20日创出一年多新低后，本月初二次探底，但并未跌破前期低点，其自年初高点以来，区间最大跌幅超过40%，从技术形态上来看，也存在企稳需求。</p>\n<p><img src=\"https://static.tigerbbs.com/9716b16d6ae1e80f7cbed0ccfa523ee9\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p><b>//&nbsp;机构一致看多龙头公司&nbsp; //</b></p>\n<p>从板块市值排名居前的公司看，腾讯控股近期亦出现明显反弹走势，此前从2月份高点连续下跌达半年之久，累计跌幅亦超过40%，股价一度逼近400港元。截至10月20日收盘，股价再度站上500港元。</p>\n<p><img src=\"https://static.tigerbbs.com/f386dd9d963f95f8cf69910edd3c0316\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>从近期机构给出的投资评级来看，普遍看多至600港元以上。</p>\n<p><img src=\"https://static.tigerbbs.com/0cd4dee75ae9d7c30fdb46dff0fe10dc\" tg-width=\"557\" tg-height=\"375\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>对于市值超万亿的美团而言，股价走势已经充分反映了主力资金的选择，自8月份低点以来，股价反弹幅度已经超过50%。</p>\n<p><img src=\"https://static.tigerbbs.com/2afecae503843ee87dade23dccec224c\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p>惠誉发布报告称，尽管中国电子商务公司美团的反垄断处罚低于惠誉评级的预期，但我们认为该公司的运营仍面临监管压力。将美团的评级展望从负面修正为稳定，将取决于2022年盈利能力的复苏，尤其是EBITDA，以及新业务的投资步伐。</p>\n<p>不确定因素的落地也刺激了南下资金的回流，9月27日以来，南下资金已经连续8天净买入，累计净买入2200多万股。</p>\n<p><img src=\"https://static.tigerbbs.com/14289df26c6737cd9236d6e704d2a537\" tg-width=\"669\" tg-height=\"347\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c48c9adb19cdb7bd227841d21dbd7cd2","relate_stocks":{"09618":"京东集团-SW","09988":"阿里巴巴-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161508302","content_text":"一年一度的购物狂欢季即将开启，消费者的狂欢同时也是资本市场的盛宴。受利好消息影响，京东集团港股价格创半年多新高，阿里巴巴股价自前期底部反弹超过30%。\n据媒体消息，京东11.11将于10月20日晚8点正式开启预售。10月20日晚8点至31日晚8点前为京东11.11预售期，消费者可以先付定金锁定好物，享定金膨胀不止10倍等优惠活动。10月31日晚8点起，消费者每天均可领取“每满200减30”的头号京贴，享受全品类跨店满减，同时头号京贴也可以在支付尾款时与定金膨胀优惠叠加使用。从10月31日开始，每晚8点，准时下起现金红包雨。\n受利好消息影响，近期京东港股价格持续拉升，截至10月20日收盘，上涨2.54%，报331.20港元/股，创半年多以来新高。\n\n根据此前消息，今年天猫双十一，将从10月20日20点启动第一波预售，11月4日20点开启第二波预售。两个售卖期时间分别是11月1-3日和11月11日。\n两家头部公司与2020年双十一10月21日零点开启预售相比，今年预售时间均有所提前。\n不仅在零售领域，在科技领域，阿里巴巴同样成果非凡。10月19日，2021云栖大会在杭州开幕，阿里巴巴旗下半导体公司平头哥发布自研云芯片倚天710。阿里云智能总裁、达摩院院长张建锋表示，该芯片是业界性能最强的ARM服务器芯片，性能超过业界标杆20%，能效比提升50%以上。\n受多重利好影响，阿里巴巴近期股价亦出现明显反弹，而此前近一年时间公司股价区间跌幅超过55%。\n\n对于公司未来股价走势，机构普遍看高至210港元以上，相比当前的价格，仍有20%以上的空间。\n\n//恒生科技指数底部企稳  //\n事实上，除两家电商龙头外，整个科技板块近期均出现企稳回升的态势。恒生科技指数在8月20日创出一年多新低后，本月初二次探底，但并未跌破前期低点，其自年初高点以来，区间最大跌幅超过40%，从技术形态上来看，也存在企稳需求。\n\n// 机构一致看多龙头公司  //\n从板块市值排名居前的公司看，腾讯控股近期亦出现明显反弹走势，此前从2月份高点连续下跌达半年之久，累计跌幅亦超过40%，股价一度逼近400港元。截至10月20日收盘，股价再度站上500港元。\n\n从近期机构给出的投资评级来看，普遍看多至600港元以上。\n\n对于市值超万亿的美团而言，股价走势已经充分反映了主力资金的选择，自8月份低点以来，股价反弹幅度已经超过50%。\n\n惠誉发布报告称，尽管中国电子商务公司美团的反垄断处罚低于惠誉评级的预期，但我们认为该公司的运营仍面临监管压力。将美团的评级展望从负面修正为稳定，将取决于2022年盈利能力的复苏，尤其是EBITDA，以及新业务的投资步伐。\n不确定因素的落地也刺激了南下资金的回流，9月27日以来，南下资金已经连续8天净买入，累计净买入2200多万股。","news_type":1},"isVote":1,"tweetType":1,"viewCount":792,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853195150,"gmtCreate":1634778297608,"gmtModify":1634778298046,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[开心]&nbsp;[开心]&nbsp;[开心]&nbsp;","listText":"[开心]&nbsp;[开心]&nbsp;[开心]&nbsp;","text":"[开心] [开心] [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853195150","repostId":"2176487550","repostType":4,"repost":{"id":"2176487550","kind":"highlight","pubTimestamp":1634731656,"share":"https://www.laohu8.com/m/news/2176487550?lang=&edition=full","pubTime":"2021-10-20 20:07","market":"us","language":"zh","title":"全球首个万亿富豪是他？","url":"https://stock-news.laohu8.com/highlight/detail?id=2176487550","media":"华尔街见闻","summary":"时隔十来天，马斯克又火了。2021年10月19日，$摩根士丹利$分析师Adam Jonas表示，如今，对SpaceX的乐观估值可以达到2000亿美元，这或将助力“硅谷钢铁侠”埃隆马斯克成为人类史上首个万亿富豪。而就在11天前，SpaceX的估值方才突破1000亿美元。凭借这一估值，马斯克的身价超过了比尔盖茨+巴菲特，成为了新晋世界首富。在过去的13年中，这家造“箭”新势力的估值呈指数级别的增长。如此高估值的背后，究竟是“火箭泡沫”还是“物有所值”？","content":"<p>时隔十来天，马斯克又火了。</p>\n<p>2021年10月19日，<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师Adam Jonas表示，如今，<b>对SpaceX的乐观估值可以达到2000亿美元</b>，这或将助力“硅谷钢铁侠”埃隆马斯克<b>成为人类史上首个万亿富豪</b>。</p>\n<p>而就在11天前，SpaceX的<b>估值方才突破1000亿美元。</b>凭借这一估值，马斯克的身价超过了比尔盖茨+巴菲特，成为了新晋世界首富。</p>\n<p>当大家还在将目光聚焦在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>的时候，马斯克背后的另一家公司SpaceX的光芒也快要盖不住了。在过去的13年中，这家造“箭”新势力的估值呈指数级别的增长。</p>\n<p><img src=\"https://static.tigerbbs.com/11af5b2135b20234c758115e5ad9c1ef\" tg-width=\"723\" tg-height=\"494\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>如此高估值的背后，究竟是“火箭泡沫”还是“物有所值”？</b></p>\n<p>在参考了大摩的分析思路和<a href=\"https://laohu8.com/S/600909\">华安证券</a>张天团队的研究逻辑后，华尔街见闻团队在下文中从<b>火箭科学、星链通信、地对地运输和融资成本四个角度对该公司业务进行分析</b>，并简要整理了<b>太空产业发展史</b>和<b>“太空经济学”的背后逻辑</b>。</p>\n<h2>一. 太空产业发展简史</h2>\n<p><b>1.1 超级大国的太空军备竞赛</b></p>\n<p>一切还要从近70年前说起。</p>\n<p>1957年10月4日，苏联在拜科努尔发射场用R7洲际导弹改装的运载火箭把人类文明历史上第一个进入宇宙的物体——斯普特尼克一号卫星送入了太空，人类从此正式迈入太空纪元。</p>\n<p><img src=\"https://static.tigerbbs.com/25682754ac74c7933772cdab986844ba\" tg-width=\"2500\" tg-height=\"2500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>不到四年之后，尤里加加林乘坐东方1号宇宙飞船从同一发射场起航，成为了第一个进入太空的人类。三个月后，美国宇航员艾伦·谢泼德(AlanShepard)乘坐“自由7号”成为了第二名登上太空宇航员。美苏太空争霸在此后的30年里，逐步走向白热化，太空行走、月球登陆等里程碑一一实现。</p>\n<p><img src=\"https://static.tigerbbs.com/e8ddb7ac2dfc611dc2e8898bb44f6588\" tg-width=\"2500\" tg-height=\"1643\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>在太空军备竞赛的推动下，这一时期基础科学和应用科学得到了极大的发展，为后续的第三次信息技术革命打下了坚实的基础，并使人类受益至今。</p>\n<p>随着苏联的衰落和解体，美苏太空争霸宣告结束。此后，由于探索太空失去了象征意义也带来不了可观的经济效益，白宫开始削减对NASA的预算，人类航天技术的发展似乎陷入了停滞。</p>\n<p>到了90年代末，NASA的发射卫星几乎被洛克希德·马丁、<a href=\"https://laohu8.com/S/BA\">波音</a>完全垄断，因此，这两家垄断承包商有恃无恐地从NASA坑取经费。举例来说，可以把11吨货物送上近地轨道的德尔塔IV型中型火箭，平均每次发射费用达到1.6亿美元，且价格逐年上升；而具有同样运输能力的长征三号乙，同期在国际上的发射报价只有6000万美元左右。</p>\n<p>进入21世纪，NASA的各项技术逐渐从全球领先的地位跌落，急需用一场改革来改变自己的窘境。</p>\n<p><b>1.2 商业航天时代的帷幕拉开</b></p>\n<p>2003年2月1日美国时间上午9时，美国“哥伦比亚”号航天飞机在得克萨斯州北部上空解体坠毁，7名宇航员全部遇难。</p>\n<p>这一事件强化了白宫官员对NASA老旧体制进行改革的决心，加速了美国的航天商业化进程。不久后，NASA决心将精力集中于深空探索，并将“离钱更近”的近地轨道业务转交给商业化公司去开拓。</p>\n<p>美国政府的这次改革，让NASA失去了垄断地位，让出近地空间业务并和科技公司展开技术合作。一众私人航天公司在此过程中与美国政府一拍即合，逐渐在美国商业航天第二波大潮中开始崭露头角。</p>\n<p>在于一众私人航天公司的竞争中，自身承担了全部开发风险的SpaceX形成了极其节约的财务基因。这一时期，马斯克亲自担任团队的首席工程师，研究了设计和制造火箭的几乎每一个细节，并提出了对火箭发动机（火箭最复杂的部分）采取3D打印制造并在未来重复使用的目标。</p>\n<p>从竞争中逐渐脱颖而出的SpaceX，终于拿下了NASA商业化改革中迄今为止最成功的的项目——<b>商业轨道运输（COTS）</b>项目的订单。在NASA的帮助下，SPACEX扛下了06-08年长达3年的火箭试射失败和全民群嘲。</p>\n<p><img src=\"https://static.tigerbbs.com/be41ed8dadf8f6d8d19782fabbcf28c4\" tg-width=\"1142\" tg-height=\"447\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>在这一过程中，马斯克开始了及其大胆的尝试，没有火箭制造经验所以也没有任何历史包袱的SpaceX，大量地使用商用货架技术，使得成本大幅降低，开发周期也得到了极大的缩短。为了节约成本，马斯克使用了<b>不锈钢</b>这一比常规火箭材料便宜N多倍的民用级材料制造猎鹰火箭。在设计火箭构型的时候，SpaceX也贯彻了“一省到底”的决心，决定火箭全部使用<b>同一种发动机</b>，这样火箭发动机的零部件都是通用的；同时，如果该型号发动机得到技术升级的话，所有型号火箭都将受益。</p>\n<p>最终，极度“省钱”的马斯克使用着“便宜”的不锈钢，以及科技含量低但是经济实惠的梅林发动机取得了猎鹰1号的成功。由此，猎鹰系列开启了它的传奇生涯。</p>\n<p>对于SpaceX这种能省就省，绝不浪费的风格，美国航天局也是大为赞赏。后来，该机构评论到：</p>\n<blockquote>\n “SpaceX仅用4亿美元便研制出猎鹰9号，与传统企业相比，这一成本可能低10倍。”\n</blockquote>\n<p>2010年6月4日，在将塞了10台梅林改进型发动机的猎鹰9号成功送上天后，马斯克并没有满足。为了进一步降低进入太空的成本，疯狂的马斯克决心将电影中才会出现的<b>火箭回收</b>画面带入现实世界。</p>\n<p>又是五年光阴，在经历数次的验证和失败后，这枚造就日后SpaceX一连串成功的核心型号火箭于2015年12月21日稳稳降落在预定地点，成功完成首次火箭回收。这枚静静伫立在回收船上的火箭的身上仿佛有无穷的光芒，让整个全世界发出惊叹。“节约”的马斯克终于成功打造了<b>火箭发射中的“极致性价比”</b>。</p>\n<p><img src=\"https://static.tigerbbs.com/7eb2c51105b08b6e3ae0b138dd36dc8b\" tg-width=\"2500\" tg-height=\"1667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>据了解，目前SpaceX卫星发射服务的价格为：发到太阳同步轨道每200千克收取100万美元，每增加1千克额外再付5000美元。如此低廉的价格也为SpaceX在2022年和2023年在全球赢得了40个外部发射合同（不包含星链卫星发射任务）。</p>\n<p>这家仅仅创立13年的公司，在“硅谷钢铁侠”的带领下以惊人的速度在新的商业太空产业中占据了主导地位，并在今年的十月初以其领先的技术击败了波音，使得美国宇航局对外宣布原定乘坐波音航天器飞行的两名宇航员将改乘SpaceX的飞船飞向太空。</p>\n<p>SpaceX的成功鼓励了全球的<a href=\"https://laohu8.com/S/000901\">航天科技</a>公司，一批“造火箭新势力”如雨后春笋般冒了出来。上个世纪60、70年代人们对于航空产业的热情仿佛再次被点燃，学习航天专业的青年科学家在体制内外也有了更加激动人心的工作选择。</p>\n<p>如上文提到，SpaceX的估值也随着SpaceX的高速发展取得了指数级的增长。在2020年，这家疯狂的科技公司甚至让大摩在三个月内给予了其翻倍的估值。</p>\n<p><img src=\"https://static.tigerbbs.com/884543c398d5649909d625526b6a9b3a\" tg-width=\"547\" tg-height=\"389\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<h2>二. 何以撑起SpaceX的千亿估值</h2>\n<p>摩根士丹利的分析师认为，SpaceX的千亿估值主要靠火箭发射和Starlink两块业务支撑。其中，火箭发射业务是SpaceX的起家业务，而Starlink业务则成了如今SpaceX最重要的估值支撑。</p>\n<p><img src=\"https://static.tigerbbs.com/87108094fb816bfdfe3e02bacfcfe3de\" tg-width=\"844\" tg-height=\"287\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>本节参考摩根士丹利的研究思路，从<b>火箭科学</b>、<b>星链通信、地对地运输和融资成本</b>四个角度来对SpaceX的业务进行简要分析。</p>\n<p><b>2.1 火箭科学</b></p>\n<p>SpaceX被广泛认为是全球发射市场上的低成本发射供应商，目前的主力型号是并不断改进中的传奇型号猎鹰9号以及猎鹰重型火箭。同时，在研的巨型新型号火箭“Starship”承载着马斯克“迈向火星的梦想。</p>\n<p>据SpaceX称，一个猎鹰9号一次可部署60颗星链卫星，而一艘Starship一次能发射400颗卫星。除去承载着马斯克“飞向火星”的梦想外，这一巨型型号火箭在部署一个短期包含12,000颗卫星，最终由高达42,000颗卫星组成的巨型卫星组网计划（Starlink）中，很有应用场景。</p>\n<p>根据太空研究和咨询公司 BryceTech 的数据，SpaceX在全球发射市场（中国除外）的份额在2021年上半年首次攀升至50%以上。</p>\n<p>据华安证券整理，根据SpaceX掌握的发射合同，在2022年和2023年，SpaceX需要执行发的外部合同数量多达40个（不包含星链卫星发射任务）。</p>\n<p><img src=\"https://static.tigerbbs.com/a71bd7c44a98eec90b77c357e55e6f10\" tg-width=\"554\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>关于这项业务估值几何，大摩的分析师认为，除去Starlink部署业务，如今SpaceX的第三方火箭发射业务的基准估值大约为117亿美元。</p>\n<p><img src=\"https://static.tigerbbs.com/f62a2dea86bfdc54a40005ae0ffba23c\" tg-width=\"486\" tg-height=\"303\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>同时，大摩强调了，到2040年，SpaceX需要达到每天发射1次的频率，每次发射营收需达到6700万美元，营业利润率需达到20%，如此产生的现金流才可以支撑起大摩给予该项业务的117亿美元估值。</p>\n<p><img src=\"https://static.tigerbbs.com/d52e17b299d11687e17250eaa490ab0f\" tg-width=\"491\" tg-height=\"196\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>此外，对于太空发射市场的前景，市场上很多分析师给予了很乐观的评价，<a href=\"https://laohu8.com/S/DB\">德意志银行</a>(Deutsche Bank)分析师Edison Yu预计，到2030年，太空发射市场的价值将达到每年375亿美元，是2021年的5倍。他表示:</p>\n<blockquote>\n “在未来许多年里，这个市场的供应都将受到限制。”\n</blockquote>\n<p>在对未来如此看好的背景下，包括大摩在内的众多分析师认为，SpaceX不仅不会主宰全球发射市场的份额，反而可能促进市场需求增加。庞大的市场仍给新一代火箭公司留足了迅速崛起的空间。</p>\n<p>此前，在首次商业载人太空飞行的竞争上，SpaceX、蓝色起源与维珍航空就各自大显神通；前SpaceX高管领导的Relativity Space更是表示该公司打算使用3D打印技术制造整个火箭。</p>\n<p><img src=\"https://static.tigerbbs.com/2f95c853afc5ac49d5e6c25390f856a1\" tg-width=\"2500\" tg-height=\"1667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>2.2 星链通信服务</b></p>\n<p>如果说火箭科学业务承载着马斯克的“星辰大海”，那么如今看来，星链通信业务便是这“诗与远方”最得力的保障。</p>\n<p>2.2.1 星链宽带通信服务简介</p>\n<p>星链计划是一个以近地轨道卫星星座提供全球范围内互联网服务的项目，瞄准人口密度较小、网络不通的农村地区。</p>\n<p>从大背景上看，摩根士丹利分析师Alsford认为，卫星星座的部署可以为居住在传统互联网接入基础设施不经济或不可行的地区的30到40亿人带来互联网接入。他表示：</p>\n<blockquote>\n “联合国的一项研究发现，世界上 52% 的人口仍然无法访问互联网，其中 90% 的人来自发展中国家。”\n</blockquote>\n<p>根据计划，SpaceX将在2021年利用部署的1584颗卫星提供覆盖全球的宽带通信服务（4月24日申请在同一高度增加2824颗星链卫星），完整版星链计划的卫星总数将达到1.2万颗、远期规划4.2万颗。 截至10月13日，在轨星链卫星1789颗，距全球商用仅一步之遥。</p>\n<p>据SpaceX官网，Starlink目前已在北美和国际上提供初始测试服务，并计划在 2021 年继续扩展其全球业务。</p>\n<p>值得一提的是，今年6月份，SpaceX的掌舵人埃隆马斯克宣布了Starlink宽带网络的首批50万份订单，这标志着其成为新一代宽带通信公司的领头羊；10月15日，马斯克还在twitter上表示Starlink将为航空公司提供机上wifi。这些举措无疑给还在担心Starlink提供的宽带服务能否落地的投资者注入了一阵强心针。</p>\n<p>2.2.2 性能和价格</p>\n<p><b>就其性能上看</b>，星链宽带终端测试性能虽比不上adsl和光纤网络，但表现总体良好。SpaceX去年10 月底启动星链宽带的公开beta 测试，目前仍处于测试阶段，网速在50-150Mbps,延迟在40-20ms。在未来，随着星链部署的不断完善和高轨卫星的加入，性能有望得到进一步提升。</p>\n<p><img src=\"https://static.tigerbbs.com/fb8ecd6c09f28a61ffcb02fee09ff47b\" tg-width=\"554\" tg-height=\"212\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>另据科技媒体Linus Tech Tips在2021年2月实机测试，星链终端下载速度有138mb/s，上传23mb/s，但是ping值却达到了27ms。实际体验中，在查看图片、观看视频时表现尚可，但是相对较高的延迟导致在加载信息流页面的时候会出现一定的卡顿。</p>\n<p><img src=\"https://static.tigerbbs.com/72814d75184a6132f66272896d6b309d\" tg-width=\"348\" tg-height=\"168\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>同时，Linus提到，在搜寻星链宽带信号时，需要将信号接收器搬运至开阔地带并朝向无遮挡的天空，这样信号碟才会准确地朝向信号合适的卫星以便接受网络信号。</p>\n<p><b>就价格上看</b>，据华安证券整理，卫星天线测试版定价499美元/套，然而，其成本大约在1500-2000美元，剔除月租费，每卖出一套卫星天线，公司就可能损失至少600美元；同时，用户每个月需支付99美元的Wi-Fi服务费，在流量上无任何限制。</p>\n<p><img src=\"https://static.tigerbbs.com/a7c9922cf5efd9c36af00b19b23f38bc\" tg-width=\"711\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>就性能和价格因素的综合考量，<b>华尔街见闻推测</b>，<b>如今的星链网络技术大概率只对居住在“地广人稀”地带的用户很有吸引力</b>；对在密集的城市环境中居住的用户来说，吸引力可能并不如传统的光纤网络。</p>\n<p>2.2.3 政府、军方大力支持</p>\n<p>据华安证券整理，星链计划与美国政府、军方等客户合作，提供多种专网宽带通信。</p>\n<p>目前已知的合作项目包括：1）用卫星直连代替海底光缆，对地球另一端的无人机直接发送遥控指令；2）定制化地将Starlink卫星配装专业红外传感器，打造覆盖全球的预警网络。</p>\n<p>华安证券张天团队分析认为，美国政府和军方将逐渐对低成本的星链计划形成依赖，军方项目利润丰厚，将有助于缓解SpaceX的财务压力。</p>\n<p><img src=\"https://static.tigerbbs.com/d9c252b9f9d24c9e4456b9d57dd03b58\" tg-width=\"554\" tg-height=\"328\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>2.2.4 星链宽带的估值</p>\n<p>前文中提到，摩根士丹利的分析团队认为，Starlink业务是SpaceX目前估值占比中最重要的一环。</p>\n<p>2020年10月，该团队的分析师在考虑到卫星升级、卫星间链路(JSL)等技术进步、终端成本下降、终端增长率提升等利好因素给预期现金流带来的改善后，建立了新的估值模型，给出了Starlink业务高达810亿美元的基本估值，占Space X总基本估值高达80%。</p>\n<p><img src=\"https://static.tigerbbs.com/5524e979699a5caa9273ad707577508c\" tg-width=\"554\" tg-height=\"517\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>同时，在该研报中，该团队预计Starlink在2030年左右便可实现盈利。</p>\n<p><img src=\"https://static.tigerbbs.com/8113f9a1040f79ab365ace8a58354291\" tg-width=\"554\" tg-height=\"362\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>大摩的分析团队认为，Space X公司在卫星组网宽带业务上主要靠以下几点领先<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>、OneWeb等竞争对手：</p>\n<ul>\n <li>远超对手的发射速度；</li>\n <li>已经成功测试，用户对公测的需求强烈；</li>\n <li>成为太空探索技术的合格投标人，有望签下政府160亿美元十年大单；</li>\n <li>卫星连接技术测试成功；</li>\n <li>屡次获得军方大单。</li>\n</ul>\n<p>2.2.5 不可忽视的风险</p>\n<p>在借鉴历史上DBSD、Globalstar、Iridium等公司的折戟经历以及近期LeoSat、OneWeb的惨痛教训后，大摩指出SpaceX在此项业务中的风险仍然存在。</p>\n<p>1） 群雄逐鹿</p>\n<p>各竞争对手各有其优势。比如，据国际电联规则和条例，OneWeb在ku波段内拥有全球频谱优先权；亚马逊的Project Kuiper一经美国联邦通信委员会(FCC)的批准，便得到了该公司创始人贝索斯的100亿美元投资承诺。</p>\n<p>同时，考虑到因为网络拥塞历来是卫星互联网最大的问题，一旦用户群有意义地扩大，网络性能将会如何，仍然不得而知。</p>\n<p><img src=\"https://static.tigerbbs.com/d71d6bff1a3692c3e93afef47c41662e\" tg-width=\"554\" tg-height=\"369\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>2）财务风险</p>\n<p>在考虑到Starlink不算便宜的服务价格时，大摩的分析师还表达了对于Starlink的未来表达了一定的担忧：</p>\n<blockquote>\n “在没有服务和服务不足的地区，人们的支付能力较低，而用户获取成本(用户终端)较高。在这种情况下，如何使该业务盈利?”\n</blockquote>\n<p>同时，在融资需求方面，大摩的分析师预估在2030年前后首次盈利之前，该项目还将消耗约将消耗约500亿美元，如此大规模的融资压力带来的风险同样不容小觑。</p>\n<p>值得一提的是，太空中太空垃圾对Starlink卫星的潜在风险也不容忽视。</p>\n<p><b>2.3 地对地运输业务</b></p>\n<p>脱胎于此前马斯克对于超音速旅行的设想，地对地运输业务也是SpaceX未来构想中的一环。</p>\n<p>据华安证券张天团队整理分析，SpaceX积极探索亚轨道地对地运输方式，探索实现“一小时投送至全球”的目标。利用可回收火箭进行货物运输的速度将达到12000km/h以上，而目前C-17运输机的速度约为800km/h。猎鹰9的平均发射成本在5000万到6000万美元之间，火箭回收技术成熟后有望大幅降低，C-17运输机的飞行成本约为3万美元/小时。</p>\n<p><img src=\"https://static.tigerbbs.com/f4b7e6085e257d5b78932940ea17703f\" tg-width=\"554\" tg-height=\"352\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>2.4 融资成本较低</b></p>\n<p>值得注意的是，融资成本低是SpaceX的一个隐形优势。</p>\n<p>与特斯拉相同，SpaceX较竞争对手更容易获得廉价资本，这是因为埃隆马斯克在资本市场上的强大号召力使得投资者心甘情愿付出高溢价，将真金白银狂热地砸向这位“硅谷钢铁侠”的公司。据统计，马斯克在私募市场为公司筹集了超过65亿美元，该公司最新的估值更是超过了1000亿美元。</p>\n<p><img src=\"https://static.tigerbbs.com/c52d5aa680e7890648b8686f1d8f4685\" tg-width=\"537\" tg-height=\"340\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>卫星企业SES的CEO SteveCollar 此前不无羡慕地表示：</p>\n<blockquote>\n “大多数竞争对手必须从现有业务中产生现金，为商业航天企业提供现金流。而SpaceX能够轻松地利用投资者，这为它能更自信地去尝试更大风险的业务。”\n</blockquote>\n<p>这一点也遭到了马斯克的竞争对手的不满，他们抱怨称SpaceX可能会排挤其他尚未达到其规模且无法享受其资金优势的公司。</p>\n<p>日前，马斯克的老对头贝索斯就已向美国宇航局投诉收到登月奖励的SpaceX公司，他抱怨称，失去合同将剥夺新格伦火箭的一个重要市场，而该火箭已经耗费蓝色起源公司25亿美元进行研发。他直言不讳地向美国当局警告称：</p>\n<blockquote>\n “长此以往，SpaceX最终可能会垄断美国的深空探索。”\n</blockquote>\n<h2>三、投资太空的“黄金年代”即将到来？</h2>\n<p>2017年，当大摩首次询问投资者对于太空业务的投资意向时，大部分投资者认为这纯属无稽之谈，一些专业投资者特别强调，这些造“箭”新势力的价值不是0，而是0.0。</p>\n<p>然而就在昨天，大摩的分析师给出了SpaceX高达2000亿美元的乐观估值。</p>\n<p>需要冷静的是，尽管特斯拉的估值已经超过千亿，但摩根士丹利的分析师Adam Jonas也提醒到，投资者仍需关注SpaceX的Starship项目进展，该项目的成功与否与太空产业的前景息息相关。他表示：</p>\n<blockquote>\n 在搭载超重型助推器的Starship系列太空飞船推出之前谈论太空投资，仍然不免有点在<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>之前谈论互联网，或者在T型车推出之前谈论汽车行业的味道。\n</blockquote>\n<p>在思考是否要投资太空产业的过程中，大摩给出了一些思路。</p>\n<p>在摩根士丹利证券于2021年的新版太空经济学理论中，大摩的分析师团队认为，<b>气候变化、安全和电信</b>是推动太空经济繁荣的关键主题；而<b>太空垃圾、各国政策等因素</b>可能是该在未来行业需要面对的风险。</p>\n<p>具体来说，以下五点可能推动未来太空产业的发展：</p>\n<p><b>1. 太空与气候变化之间日益密切的关系</b></p>\n<p>摩根士丹利证券的分析团队认为，太空探索和可持续性是一致的。随着越来越多的投资者关注环境、社会和治理 (ESG) 因素，卫星图像可能会为他们提供有关公司活动对环境影响的关键数据。卫星的应用包括检测温室气体排放、帮助公用事业公司优化可再生能源基础设施、收集矿业数据、预测气候变化如何影响特定行业等。</p>\n<p><b>2. 电信业务</b></p>\n<p>卫星运营商看到了所有三个轨道高度的价值（GEO、MEO 和 LEO），在轨道的争抢方面，这些公司已经摩拳擦掌。</p>\n<p>尽管如今GEO仍然是该行业的支柱，但卫星通信公司也希望通过发展更高高度的MEO和LEO轨道业务为消费者、企业和政府客户提供差异化的宽带服务。</p>\n<p><b>3. 资本近年的狂热</b></p>\n<p>根据大摩的统计，尽管去年有新冠肺炎疫情的发生，但去年仍然出现了迄今为止最大的来自私人部门的太空投资。</p>\n<p>大摩认为，资本市场上以下三点值得注意：</p>\n<ul>\n <li>投资者正在重新思考“旧”与“新”的太空公司，现在投资者关注的更多的是关于新进入者的新能力，而不是对传统玩家的替换。</li>\n <li>近年来流行的SPACs融资形式，可能是一个吸引资金在太空产业投资的合适机制。</li>\n <li>航天业现在更积极地看待私营企业的参与。大摩分析到，如今，更多的私营企业正专注于低地球轨道运输、卫星发射和商业载人航天。政府机构也更加欢迎太空产业的投资，以开发太空和与太空有关的市场的商业潜力</li>\n</ul>\n<p><b>4. 减少轨道碎片</b></p>\n<p>一些政府机构现在正努力追踪这些轨道碎片，这为私营公司监测和管理这种潜在的灾难性太空垃圾创造了潜在需求。</p>\n<p><b>5. 太空安全</b></p>\n<p>太空已成为各国之间竞争日益激烈的领域，各国可能会扶持本国的太空产业相关公司。</p>","source":"wallstreetcn_api","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>全球首个万亿富豪是他？</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{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n全球首个万亿富豪是他？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 20:07 北京时间&nbsp;&nbsp;&nbsp;<a href=https://wallstreetcn.com/articles/3642708><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>时隔十来天，马斯克又火了。\n2021年10月19日，摩根士丹利分析师Adam Jonas表示，如今，对SpaceX的乐观估值可以达到2000亿美元，这或将助力“硅谷钢铁侠”埃隆马斯克成为人类史上首个万亿富豪。\n而就在11天前，SpaceX的估值方才突破1000亿美元。凭借这一估值，马斯克的身价超过了比尔盖茨+巴菲特，成为了新晋世界首富。\n当大家还在将目光聚焦在特斯拉的时候，马斯克背后的另一家公司...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3642708\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d48dfa66be8caa6517cb956851a00eed","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://wallstreetcn.com/articles/3642708","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2176487550","content_text":"时隔十来天，马斯克又火了。\n2021年10月19日，摩根士丹利分析师Adam Jonas表示，如今，对SpaceX的乐观估值可以达到2000亿美元，这或将助力“硅谷钢铁侠”埃隆马斯克成为人类史上首个万亿富豪。\n而就在11天前，SpaceX的估值方才突破1000亿美元。凭借这一估值，马斯克的身价超过了比尔盖茨+巴菲特，成为了新晋世界首富。\n当大家还在将目光聚焦在特斯拉的时候，马斯克背后的另一家公司SpaceX的光芒也快要盖不住了。在过去的13年中，这家造“箭”新势力的估值呈指数级别的增长。\n\n如此高估值的背后，究竟是“火箭泡沫”还是“物有所值”？\n在参考了大摩的分析思路和华安证券张天团队的研究逻辑后，华尔街见闻团队在下文中从火箭科学、星链通信、地对地运输和融资成本四个角度对该公司业务进行分析，并简要整理了太空产业发展史和“太空经济学”的背后逻辑。\n一. 太空产业发展简史\n1.1 超级大国的太空军备竞赛\n一切还要从近70年前说起。\n1957年10月4日，苏联在拜科努尔发射场用R7洲际导弹改装的运载火箭把人类文明历史上第一个进入宇宙的物体——斯普特尼克一号卫星送入了太空，人类从此正式迈入太空纪元。\n\n不到四年之后，尤里加加林乘坐东方1号宇宙飞船从同一发射场起航，成为了第一个进入太空的人类。三个月后，美国宇航员艾伦·谢泼德(AlanShepard)乘坐“自由7号”成为了第二名登上太空宇航员。美苏太空争霸在此后的30年里，逐步走向白热化，太空行走、月球登陆等里程碑一一实现。\n\n在太空军备竞赛的推动下，这一时期基础科学和应用科学得到了极大的发展，为后续的第三次信息技术革命打下了坚实的基础，并使人类受益至今。\n随着苏联的衰落和解体，美苏太空争霸宣告结束。此后，由于探索太空失去了象征意义也带来不了可观的经济效益，白宫开始削减对NASA的预算，人类航天技术的发展似乎陷入了停滞。\n到了90年代末，NASA的发射卫星几乎被洛克希德·马丁、波音完全垄断，因此，这两家垄断承包商有恃无恐地从NASA坑取经费。举例来说，可以把11吨货物送上近地轨道的德尔塔IV型中型火箭，平均每次发射费用达到1.6亿美元，且价格逐年上升；而具有同样运输能力的长征三号乙，同期在国际上的发射报价只有6000万美元左右。\n进入21世纪，NASA的各项技术逐渐从全球领先的地位跌落，急需用一场改革来改变自己的窘境。\n1.2 商业航天时代的帷幕拉开\n2003年2月1日美国时间上午9时，美国“哥伦比亚”号航天飞机在得克萨斯州北部上空解体坠毁，7名宇航员全部遇难。\n这一事件强化了白宫官员对NASA老旧体制进行改革的决心，加速了美国的航天商业化进程。不久后，NASA决心将精力集中于深空探索，并将“离钱更近”的近地轨道业务转交给商业化公司去开拓。\n美国政府的这次改革，让NASA失去了垄断地位，让出近地空间业务并和科技公司展开技术合作。一众私人航天公司在此过程中与美国政府一拍即合，逐渐在美国商业航天第二波大潮中开始崭露头角。\n在于一众私人航天公司的竞争中，自身承担了全部开发风险的SpaceX形成了极其节约的财务基因。这一时期，马斯克亲自担任团队的首席工程师，研究了设计和制造火箭的几乎每一个细节，并提出了对火箭发动机（火箭最复杂的部分）采取3D打印制造并在未来重复使用的目标。\n从竞争中逐渐脱颖而出的SpaceX，终于拿下了NASA商业化改革中迄今为止最成功的的项目——商业轨道运输（COTS）项目的订单。在NASA的帮助下，SPACEX扛下了06-08年长达3年的火箭试射失败和全民群嘲。\n\n在这一过程中，马斯克开始了及其大胆的尝试，没有火箭制造经验所以也没有任何历史包袱的SpaceX，大量地使用商用货架技术，使得成本大幅降低，开发周期也得到了极大的缩短。为了节约成本，马斯克使用了不锈钢这一比常规火箭材料便宜N多倍的民用级材料制造猎鹰火箭。在设计火箭构型的时候，SpaceX也贯彻了“一省到底”的决心，决定火箭全部使用同一种发动机，这样火箭发动机的零部件都是通用的；同时，如果该型号发动机得到技术升级的话，所有型号火箭都将受益。\n最终，极度“省钱”的马斯克使用着“便宜”的不锈钢，以及科技含量低但是经济实惠的梅林发动机取得了猎鹰1号的成功。由此，猎鹰系列开启了它的传奇生涯。\n对于SpaceX这种能省就省，绝不浪费的风格，美国航天局也是大为赞赏。后来，该机构评论到：\n\n “SpaceX仅用4亿美元便研制出猎鹰9号，与传统企业相比，这一成本可能低10倍。”\n\n2010年6月4日，在将塞了10台梅林改进型发动机的猎鹰9号成功送上天后，马斯克并没有满足。为了进一步降低进入太空的成本，疯狂的马斯克决心将电影中才会出现的火箭回收画面带入现实世界。\n又是五年光阴，在经历数次的验证和失败后，这枚造就日后SpaceX一连串成功的核心型号火箭于2015年12月21日稳稳降落在预定地点，成功完成首次火箭回收。这枚静静伫立在回收船上的火箭的身上仿佛有无穷的光芒，让整个全世界发出惊叹。“节约”的马斯克终于成功打造了火箭发射中的“极致性价比”。\n\n据了解，目前SpaceX卫星发射服务的价格为：发到太阳同步轨道每200千克收取100万美元，每增加1千克额外再付5000美元。如此低廉的价格也为SpaceX在2022年和2023年在全球赢得了40个外部发射合同（不包含星链卫星发射任务）。\n这家仅仅创立13年的公司，在“硅谷钢铁侠”的带领下以惊人的速度在新的商业太空产业中占据了主导地位，并在今年的十月初以其领先的技术击败了波音，使得美国宇航局对外宣布原定乘坐波音航天器飞行的两名宇航员将改乘SpaceX的飞船飞向太空。\nSpaceX的成功鼓励了全球的航天科技公司，一批“造火箭新势力”如雨后春笋般冒了出来。上个世纪60、70年代人们对于航空产业的热情仿佛再次被点燃，学习航天专业的青年科学家在体制内外也有了更加激动人心的工作选择。\n如上文提到，SpaceX的估值也随着SpaceX的高速发展取得了指数级的增长。在2020年，这家疯狂的科技公司甚至让大摩在三个月内给予了其翻倍的估值。\n\n二. 何以撑起SpaceX的千亿估值\n摩根士丹利的分析师认为，SpaceX的千亿估值主要靠火箭发射和Starlink两块业务支撑。其中，火箭发射业务是SpaceX的起家业务，而Starlink业务则成了如今SpaceX最重要的估值支撑。\n\n本节参考摩根士丹利的研究思路，从火箭科学、星链通信、地对地运输和融资成本四个角度来对SpaceX的业务进行简要分析。\n2.1 火箭科学\nSpaceX被广泛认为是全球发射市场上的低成本发射供应商，目前的主力型号是并不断改进中的传奇型号猎鹰9号以及猎鹰重型火箭。同时，在研的巨型新型号火箭“Starship”承载着马斯克“迈向火星的梦想。\n据SpaceX称，一个猎鹰9号一次可部署60颗星链卫星，而一艘Starship一次能发射400颗卫星。除去承载着马斯克“飞向火星”的梦想外，这一巨型型号火箭在部署一个短期包含12,000颗卫星，最终由高达42,000颗卫星组成的巨型卫星组网计划（Starlink）中，很有应用场景。\n根据太空研究和咨询公司 BryceTech 的数据，SpaceX在全球发射市场（中国除外）的份额在2021年上半年首次攀升至50%以上。\n据华安证券整理，根据SpaceX掌握的发射合同，在2022年和2023年，SpaceX需要执行发的外部合同数量多达40个（不包含星链卫星发射任务）。\n\n关于这项业务估值几何，大摩的分析师认为，除去Starlink部署业务，如今SpaceX的第三方火箭发射业务的基准估值大约为117亿美元。\n\n同时，大摩强调了，到2040年，SpaceX需要达到每天发射1次的频率，每次发射营收需达到6700万美元，营业利润率需达到20%，如此产生的现金流才可以支撑起大摩给予该项业务的117亿美元估值。\n\n此外，对于太空发射市场的前景，市场上很多分析师给予了很乐观的评价，德意志银行(Deutsche Bank)分析师Edison Yu预计，到2030年，太空发射市场的价值将达到每年375亿美元，是2021年的5倍。他表示:\n\n “在未来许多年里，这个市场的供应都将受到限制。”\n\n在对未来如此看好的背景下，包括大摩在内的众多分析师认为，SpaceX不仅不会主宰全球发射市场的份额，反而可能促进市场需求增加。庞大的市场仍给新一代火箭公司留足了迅速崛起的空间。\n此前，在首次商业载人太空飞行的竞争上，SpaceX、蓝色起源与维珍航空就各自大显神通；前SpaceX高管领导的Relativity Space更是表示该公司打算使用3D打印技术制造整个火箭。\n\n2.2 星链通信服务\n如果说火箭科学业务承载着马斯克的“星辰大海”，那么如今看来，星链通信业务便是这“诗与远方”最得力的保障。\n2.2.1 星链宽带通信服务简介\n星链计划是一个以近地轨道卫星星座提供全球范围内互联网服务的项目，瞄准人口密度较小、网络不通的农村地区。\n从大背景上看，摩根士丹利分析师Alsford认为，卫星星座的部署可以为居住在传统互联网接入基础设施不经济或不可行的地区的30到40亿人带来互联网接入。他表示：\n\n “联合国的一项研究发现，世界上 52% 的人口仍然无法访问互联网，其中 90% 的人来自发展中国家。”\n\n根据计划，SpaceX将在2021年利用部署的1584颗卫星提供覆盖全球的宽带通信服务（4月24日申请在同一高度增加2824颗星链卫星），完整版星链计划的卫星总数将达到1.2万颗、远期规划4.2万颗。 截至10月13日，在轨星链卫星1789颗，距全球商用仅一步之遥。\n据SpaceX官网，Starlink目前已在北美和国际上提供初始测试服务，并计划在 2021 年继续扩展其全球业务。\n值得一提的是，今年6月份，SpaceX的掌舵人埃隆马斯克宣布了Starlink宽带网络的首批50万份订单，这标志着其成为新一代宽带通信公司的领头羊；10月15日，马斯克还在twitter上表示Starlink将为航空公司提供机上wifi。这些举措无疑给还在担心Starlink提供的宽带服务能否落地的投资者注入了一阵强心针。\n2.2.2 性能和价格\n就其性能上看，星链宽带终端测试性能虽比不上adsl和光纤网络，但表现总体良好。SpaceX去年10 月底启动星链宽带的公开beta 测试，目前仍处于测试阶段，网速在50-150Mbps,延迟在40-20ms。在未来，随着星链部署的不断完善和高轨卫星的加入，性能有望得到进一步提升。\n\n另据科技媒体Linus Tech Tips在2021年2月实机测试，星链终端下载速度有138mb/s，上传23mb/s，但是ping值却达到了27ms。实际体验中，在查看图片、观看视频时表现尚可，但是相对较高的延迟导致在加载信息流页面的时候会出现一定的卡顿。\n\n同时，Linus提到，在搜寻星链宽带信号时，需要将信号接收器搬运至开阔地带并朝向无遮挡的天空，这样信号碟才会准确地朝向信号合适的卫星以便接受网络信号。\n就价格上看，据华安证券整理，卫星天线测试版定价499美元/套，然而，其成本大约在1500-2000美元，剔除月租费，每卖出一套卫星天线，公司就可能损失至少600美元；同时，用户每个月需支付99美元的Wi-Fi服务费，在流量上无任何限制。\n\n就性能和价格因素的综合考量，华尔街见闻推测，如今的星链网络技术大概率只对居住在“地广人稀”地带的用户很有吸引力；对在密集的城市环境中居住的用户来说，吸引力可能并不如传统的光纤网络。\n2.2.3 政府、军方大力支持\n据华安证券整理，星链计划与美国政府、军方等客户合作，提供多种专网宽带通信。\n目前已知的合作项目包括：1）用卫星直连代替海底光缆，对地球另一端的无人机直接发送遥控指令；2）定制化地将Starlink卫星配装专业红外传感器，打造覆盖全球的预警网络。\n华安证券张天团队分析认为，美国政府和军方将逐渐对低成本的星链计划形成依赖，军方项目利润丰厚，将有助于缓解SpaceX的财务压力。\n\n2.2.4 星链宽带的估值\n前文中提到，摩根士丹利的分析团队认为，Starlink业务是SpaceX目前估值占比中最重要的一环。\n2020年10月，该团队的分析师在考虑到卫星升级、卫星间链路(JSL)等技术进步、终端成本下降、终端增长率提升等利好因素给预期现金流带来的改善后，建立了新的估值模型，给出了Starlink业务高达810亿美元的基本估值，占Space X总基本估值高达80%。\n\n同时，在该研报中，该团队预计Starlink在2030年左右便可实现盈利。\n\n大摩的分析团队认为，Space X公司在卫星组网宽带业务上主要靠以下几点领先亚马逊、OneWeb等竞争对手：\n\n远超对手的发射速度；\n已经成功测试，用户对公测的需求强烈；\n成为太空探索技术的合格投标人，有望签下政府160亿美元十年大单；\n卫星连接技术测试成功；\n屡次获得军方大单。\n\n2.2.5 不可忽视的风险\n在借鉴历史上DBSD、Globalstar、Iridium等公司的折戟经历以及近期LeoSat、OneWeb的惨痛教训后，大摩指出SpaceX在此项业务中的风险仍然存在。\n1） 群雄逐鹿\n各竞争对手各有其优势。比如，据国际电联规则和条例，OneWeb在ku波段内拥有全球频谱优先权；亚马逊的Project Kuiper一经美国联邦通信委员会(FCC)的批准，便得到了该公司创始人贝索斯的100亿美元投资承诺。\n同时，考虑到因为网络拥塞历来是卫星互联网最大的问题，一旦用户群有意义地扩大，网络性能将会如何，仍然不得而知。\n\n2）财务风险\n在考虑到Starlink不算便宜的服务价格时，大摩的分析师还表达了对于Starlink的未来表达了一定的担忧：\n\n “在没有服务和服务不足的地区，人们的支付能力较低，而用户获取成本(用户终端)较高。在这种情况下，如何使该业务盈利?”\n\n同时，在融资需求方面，大摩的分析师预估在2030年前后首次盈利之前，该项目还将消耗约将消耗约500亿美元，如此大规模的融资压力带来的风险同样不容小觑。\n值得一提的是，太空中太空垃圾对Starlink卫星的潜在风险也不容忽视。\n2.3 地对地运输业务\n脱胎于此前马斯克对于超音速旅行的设想，地对地运输业务也是SpaceX未来构想中的一环。\n据华安证券张天团队整理分析，SpaceX积极探索亚轨道地对地运输方式，探索实现“一小时投送至全球”的目标。利用可回收火箭进行货物运输的速度将达到12000km/h以上，而目前C-17运输机的速度约为800km/h。猎鹰9的平均发射成本在5000万到6000万美元之间，火箭回收技术成熟后有望大幅降低，C-17运输机的飞行成本约为3万美元/小时。\n\n2.4 融资成本较低\n值得注意的是，融资成本低是SpaceX的一个隐形优势。\n与特斯拉相同，SpaceX较竞争对手更容易获得廉价资本，这是因为埃隆马斯克在资本市场上的强大号召力使得投资者心甘情愿付出高溢价，将真金白银狂热地砸向这位“硅谷钢铁侠”的公司。据统计，马斯克在私募市场为公司筹集了超过65亿美元，该公司最新的估值更是超过了1000亿美元。\n\n卫星企业SES的CEO SteveCollar 此前不无羡慕地表示：\n\n “大多数竞争对手必须从现有业务中产生现金，为商业航天企业提供现金流。而SpaceX能够轻松地利用投资者，这为它能更自信地去尝试更大风险的业务。”\n\n这一点也遭到了马斯克的竞争对手的不满，他们抱怨称SpaceX可能会排挤其他尚未达到其规模且无法享受其资金优势的公司。\n日前，马斯克的老对头贝索斯就已向美国宇航局投诉收到登月奖励的SpaceX公司，他抱怨称，失去合同将剥夺新格伦火箭的一个重要市场，而该火箭已经耗费蓝色起源公司25亿美元进行研发。他直言不讳地向美国当局警告称：\n\n “长此以往，SpaceX最终可能会垄断美国的深空探索。”\n\n三、投资太空的“黄金年代”即将到来？\n2017年，当大摩首次询问投资者对于太空业务的投资意向时，大部分投资者认为这纯属无稽之谈，一些专业投资者特别强调，这些造“箭”新势力的价值不是0，而是0.0。\n然而就在昨天，大摩的分析师给出了SpaceX高达2000亿美元的乐观估值。\n需要冷静的是，尽管特斯拉的估值已经超过千亿，但摩根士丹利的分析师Adam Jonas也提醒到，投资者仍需关注SpaceX的Starship项目进展，该项目的成功与否与太空产业的前景息息相关。他表示：\n\n 在搭载超重型助推器的Starship系列太空飞船推出之前谈论太空投资，仍然不免有点在谷歌之前谈论互联网，或者在T型车推出之前谈论汽车行业的味道。\n\n在思考是否要投资太空产业的过程中，大摩给出了一些思路。\n在摩根士丹利证券于2021年的新版太空经济学理论中，大摩的分析师团队认为，气候变化、安全和电信是推动太空经济繁荣的关键主题；而太空垃圾、各国政策等因素可能是该在未来行业需要面对的风险。\n具体来说，以下五点可能推动未来太空产业的发展：\n1. 太空与气候变化之间日益密切的关系\n摩根士丹利证券的分析团队认为，太空探索和可持续性是一致的。随着越来越多的投资者关注环境、社会和治理 (ESG) 因素，卫星图像可能会为他们提供有关公司活动对环境影响的关键数据。卫星的应用包括检测温室气体排放、帮助公用事业公司优化可再生能源基础设施、收集矿业数据、预测气候变化如何影响特定行业等。\n2. 电信业务\n卫星运营商看到了所有三个轨道高度的价值（GEO、MEO 和 LEO），在轨道的争抢方面，这些公司已经摩拳擦掌。\n尽管如今GEO仍然是该行业的支柱，但卫星通信公司也希望通过发展更高高度的MEO和LEO轨道业务为消费者、企业和政府客户提供差异化的宽带服务。\n3. 资本近年的狂热\n根据大摩的统计，尽管去年有新冠肺炎疫情的发生，但去年仍然出现了迄今为止最大的来自私人部门的太空投资。\n大摩认为，资本市场上以下三点值得注意：\n\n投资者正在重新思考“旧”与“新”的太空公司，现在投资者关注的更多的是关于新进入者的新能力，而不是对传统玩家的替换。\n近年来流行的SPACs融资形式，可能是一个吸引资金在太空产业投资的合适机制。\n航天业现在更积极地看待私营企业的参与。大摩分析到，如今，更多的私营企业正专注于低地球轨道运输、卫星发射和商业载人航天。政府机构也更加欢迎太空产业的投资，以开发太空和与太空有关的市场的商业潜力\n\n4. 减少轨道碎片\n一些政府机构现在正努力追踪这些轨道碎片，这为私营公司监测和管理这种潜在的灾难性太空垃圾创造了潜在需求。\n5. 太空安全\n太空已成为各国之间竞争日益激烈的领域，各国可能会扶持本国的太空产业相关公司。","news_type":1},"isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824327366,"gmtCreate":1634282647426,"gmtModify":1634282647557,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824327366","repostId":"1170620393","repostType":4,"repost":{"id":"1170620393","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634275375,"share":"https://www.laohu8.com/m/news/1170620393?lang=&edition=full","pubTime":"2021-10-15 13:22","market":"sh","language":"zh","title":"比特币时隔半年再度触及60000美元/枚大关，日内涨超4.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1170620393","media":"老虎资讯综合","summary":"10月15日讯，比特币时隔半年再度触及60000美元/枚大关，日内涨超4.5%。","content":"<p>10月15日讯，比特币时隔半年再度触及60000美元/枚大关，日内涨超4.5%。</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\" 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13:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>10月15日讯，比特币时隔半年再度触及60000美元/枚大关，日内涨超4.5%。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/15e20574f8fb568333181d61bb200086","relate_stocks":{"CAN":"嘉楠科技","EBON":"亿邦国际"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170620393","content_text":"10月15日讯，比特币时隔半年再度触及60000美元/枚大关，日内涨超4.5%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825564921,"gmtCreate":1634251637399,"gmtModify":1634274405198,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825564921","repostId":"1107915155","repostType":4,"repost":{"id":"1107915155","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634226867,"share":"https://www.laohu8.com/m/news/1107915155?lang=&edition=full","pubTime":"2021-10-14 23:54","market":"us","language":"zh","title":"人工智能借贷平台Upstart涨超6%，刷新历史高点","url":"https://stock-news.laohu8.com/highlight/detail?id=1107915155","media":"老虎资讯综合","summary":"此前该公司推出了使用人工智能融资的“Upstart汽车零售软件”。","content":"<p>10月14日(周四)，人工智能借贷平台<a href=\"https://laohu8.com/S/UPST\">Upstart</a>盘中涨超6%，股价刷新历史新高，总市值超286亿美元。</p>\n<p>此前该公司推出了使用人工智能融资的“Upstart汽车零售软件”。这个基于云的解决方案为消费者和经销商提供了增强的购车体验；同时，新软件还将提供由Upstart支持的汽车贷款。</p>\n<p><img src=\"https://static.tigerbbs.com/6de1d66dc2bd6d9ca4fdd1c1a36a96ad\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></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>人工智能借贷平台Upstart涨超6%，刷新历史高点</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{ 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referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d1850168bb6f2f0c43ae3b6733093cc3","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107915155","content_text":"10月14日(周四)，人工智能借贷平台Upstart盘中涨超6%，股价刷新历史新高，总市值超286亿美元。\n此前该公司推出了使用人工智能融资的“Upstart汽车零售软件”。这个基于云的解决方案为消费者和经销商提供了增强的购车体验；同时，新软件还将提供由Upstart支持的汽车贷款。","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825565141,"gmtCreate":1634251607067,"gmtModify":1634274405181,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;[暗中观察]&nbsp;","text":"[暗中观察] [暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825565141","repostId":"1107915155","repostType":4,"repost":{"id":"1107915155","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634226867,"share":"https://www.laohu8.com/m/news/1107915155?lang=&edition=full","pubTime":"2021-10-14 23:54","market":"us","language":"zh","title":"人工智能借贷平台Upstart涨超6%，刷新历史高点","url":"https://stock-news.laohu8.com/highlight/detail?id=1107915155","media":"老虎资讯综合","summary":"此前该公司推出了使用人工智能融资的“Upstart汽车零售软件”。","content":"<p>10月14日(周四)，人工智能借贷平台<a href=\"https://laohu8.com/S/UPST\">Upstart</a>盘中涨超6%，股价刷新历史新高，总市值超286亿美元。</p>\n<p>此前该公司推出了使用人工智能融资的“Upstart汽车零售软件”。这个基于云的解决方案为消费者和经销商提供了增强的购车体验；同时，新软件还将提供由Upstart支持的汽车贷款。</p>\n<p><img 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referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d1850168bb6f2f0c43ae3b6733093cc3","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107915155","content_text":"10月14日(周四)，人工智能借贷平台Upstart盘中涨超6%，股价刷新历史新高，总市值超286亿美元。\n此前该公司推出了使用人工智能融资的“Upstart汽车零售软件”。这个基于云的解决方案为消费者和经销商提供了增强的购车体验；同时，新软件还将提供由Upstart支持的汽车贷款。","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820394484,"gmtCreate":1633351059887,"gmtModify":1633351060233,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820394484","repostId":"1101126161","repostType":4,"repost":{"id":"1101126161","kind":"news","pubTimestamp":1633340302,"share":"https://www.laohu8.com/m/news/1101126161?lang=&edition=full","pubTime":"2021-10-04 17:38","market":"us","language":"zh","title":"2021诺贝尔生理学或医学奖揭晓：有关疼痛与温度感知","url":"https://stock-news.laohu8.com/highlight/detail?id=1101126161","media":"新浪科技","summary":"David Julius和Ardem Patapoutian两人获奖。","content":"<p>北京时间10月4日消息，2021年诺贝尔生理学或医学奖揭晓：David Julius和Ardem Patapoutian两人获奖。</p>\n<p>获奖理由：David Julius和Ardem Patapoutian及其同事发现了人类感知疼痛和温度的机制，揭示了那些隐藏在疼痛过敏现象背后的机理。</p>\n<p><img src=\"https://static.tigerbbs.com/293ed227dfcfb1dfd6d65f267ed145b5\" tg-width=\"630\" tg-height=\"630\" referrerpolicy=\"no-referrer\"></p>\n<p><b>获奖理由：</b></p>\n<p>人体对热、冷和触觉的感知能力对我们的生存至关重要，并且支撑着我们与周围世界的互动。在日常生活中，我们常认为这些感觉是理所当然的，但与此相关的神经冲动是如何产生，从而使温度和压力可以被感知的呢？今年的两位诺贝尔奖得主解决了这个问题。</p>\n<p>David Julius利用辣椒素（一种从辣椒中提取的刺激性化合物，能产生灼烧感）来识别皮肤神经末梢上对热做出反应的感受器。Ardem Patapoutian利用压力敏感细胞发现了一种对皮肤和内部器官的机械刺激作出反应的新型感受器。这些突破性的发现促进了科学界展开大量的研究活动，使我们对神经系统如何感知热、冷和机械刺激的了解更加深入。两位获奖者指出，当我们尝试理解感官与环境之间复杂的相互作用时，有些关键的环节被忽视了。</p>\n<p><b>我们是如何感知世界的？</b></p>\n<p>我们是如何感知身边环境的？这是人类面临的最大的谜团之一。数千年来，我们的感觉机制一直令人们好奇不已。例如，眼睛是如何探测到光线的？声波是如何影响内耳的？不同的化学物质又是如何与我们口鼻中的感受器发生相互作用、从而产生嗅觉和味觉的？除此之外，我们还有其它感知身边世界的方式。想象一下在炎热的夏天光脚走过草坪时的感觉。你可以感受到太阳的热度、微风的吹拂、以及脚下的每一片草叶。这些对温度、触觉和动作的感知对我们不断适应周边环境的能力至关重要。</p>\n<p>17世纪，哲学家笛卡尔提出，我们的各部分皮肤可能是通过某种“细线”与大脑相连的。假如脚碰到了火苗，就会通过这种方式向大脑发送一个机械信号。科学家后来发现，具有特定功能的感觉神经元可以察觉到环境中的变化。1944年，Joseph Erlanger和Herbert Gasser因发现可以对不同刺激做出反应的感觉神经纤维（如会产生痛觉的触碰和不会产生痛觉的触碰）而获得了诺贝尔生理学奖或医学奖。自此之后，科学家发现，神经细胞在探测和传导不同类型的刺激时的分工高度分化，使我们可以精确感知周围环境。例如，我们可以通过指尖感受出不同表面质感的区别，还可以分辨出令人舒适的温暖和痛苦难忍的高温。</p>\n<p>在David Julius和 Ardem Patapoutian做出此次发现之前，神经系统感知和解读周边环境的方式对我们而言一直是个未解之谜：温度和力学刺激究竟是如何转化为神经系统的电脉冲的？</p>\n<p><img src=\"https://static.tigerbbs.com/d04590ee9d7d15cf2461a97f26cb30f3\" tg-width=\"496\" tg-height=\"328\" referrerpolicy=\"no-referrer\"></p>\n<p><b>热的科学研究！</b></p>\n<p>二十世纪年代后期，美国加州大学旧金山分校的David Julius通过分析化合物辣椒素如何引起我们接触辣椒时的灼烧感，看到了重大进步的可能性。人们已经知道，辣椒素可以激活引起疼痛感的神经细胞，但是这种化学物质如何真正发挥该功能仍是一个未解之谜。Julius和他的同事创建了一个包含数百万个DNA片段的库，对应于在感觉神经元中表达的基因，这些基因可以回应疼痛、热和触摸。Julius和他的同事假设，该DNA片段库或可包含可编码能够与辣椒素反应的蛋白质的DNA片段。在通常不与辣椒素反应的培养细胞中，他们表达了来自该合集的个别基因。经过艰苦的搜索之后，他们确定了一个能够使细胞对辣椒素敏感的基因。感应辣椒素的基因终于被发现！进一步的实验表明，鉴定出的基因编码了一个新的离子通道蛋白，这个新发现的辣椒素受体后来被命名为TRP1。当Julius研究蛋白质对热的反应能力时，他意识到，他发现了一个热敏受体，该受体会在高温导致疼痛的时候被激活。</p>\n<p><img src=\"https://static.tigerbbs.com/da05ee3e1f8dff72cd61a98be1fa718d\" tg-width=\"630\" tg-height=\"311\" referrerpolicy=\"no-referrer\">David Julius使用辣椒中的辣椒素来鉴定TRPV1，这是一种因令人疼痛的温度而激活的离子通道。其他相关的离子通道也已经被确认，我们如今已经知道不同的温度在神经系统中诱导电信号的方式。</p>\n<p>TRPV1的发现是一项重大突破，为揭开其他温度感应受体开辟了道路。David Julius和Ardem Patapoutian两人各自独立地使用化学物薄荷醇找到了一种被证明会因寒冷而激活的受体TRPM8。与TRPV1和TRPM8相关的其他离子通道陆续被发现，并由一系列不同的温度激活。许多实验室开始开展研究项目，通过使用经基因操作后缺乏这些新发现基因的小鼠，来研究这些离子通道在热感觉中发挥的作用。David Julius对TRPV1的发现是一项突破，让我们能够了解温度差异如何在神经系统中诱导电信号。</p>\n<p><b>对压力感知的研究</b></p>\n<p>尽管对温度感觉机制的研究正逐步推进，但科学家机械刺激如何转化为我们的触觉和压力感仍不清楚。此前，研究人员在细菌中发现了机械刺激的感受器，但在脊椎动物中，触觉的潜在机制仍不清楚。Ardem Patapoutian在美国加州的斯克里普斯研究中心工作，他希望找出人体内由机械刺激激活的神秘受体。</p>\n<p>Patapoutian和他的同事首先发现了一种细胞系，当单个细胞被微管戳到时，它会发出可测量的电信号。他们假设这种感受机械刺激的受体是一个离子通道，并在下一步研究中鉴定了72个编码可能受体的候选基因。这些基因被逐个灭活，从而在被研究的细胞中发现了负责感受机械刺激的基因。经过艰苦的研究，Patapoutian和同事们成功地识别出了一个基因，该基因的沉默使细胞对微管的刺激不敏感。人们发现了一种全新的、完全未知的机械敏感离子通道，并将其命名为“Piezo1”（这个词来源于希腊语中的piesi，即“压力”）。通过研究与Piezo1相似的基因，人们发现了第二种基因，并将其命名为“Piezo2”。感觉神经元表达了高水平的Piezo2基因，而进一步的研究证实，Piezo1和Piezo2是通过对细胞膜施加压力直接激活的离子通道（图3）。</p>\n<p>Patapoutian的这项突破为他和其他团队带来了一系列重要论文，证明了&nbsp;Piezo2离子通道对触觉至关重要。此外，&nbsp;Piezo2也被证明在身体位置和运动感知，即本体感受中发挥着关键作用。在进一步的研究中，&nbsp;Piezo1和&nbsp;Piezo2离子通道被证明可以调节其他重要的生理过程，包括血压、呼吸和膀胱控制等。</p>\n<p><img src=\"https://static.tigerbbs.com/d6ce7e2067f14db46c392f3666b05851\" tg-width=\"630\" tg-height=\"562\" referrerpolicy=\"no-referrer\">Patapoutian使用培养的机械敏感细胞鉴定了一个由机械力激活的离子通道。经过艰苦的研究工作，他们识别出了Piezo1。通过研究与Piezo1相似的基因，研究者发现了第二个离子通道（Piezo2）。</p>\n<p><b>全都说得“通”了！</b></p>\n<p>今年诺贝尔奖得主发现的TRPV1、TRPM8与Piezo通道让我们得以理解高温、寒冷和机械力是如何激活神经脉冲、从而帮助我们感知和适应身边世界的。TRP通道对我们的温度感知能力至关重要。Piezo2通道则使我们具备了感受触觉、以及感知各个身体部位位置及动作的能力。除此之外，TRP和Piezo通道还对多种依赖温度或力刺激的生理功能起到了重大作用。在本次诺奖获奖研究的基础上，还有大量研究工作正在开展，致力于弄清这些通道在各种生理过程中发挥的功能。科学家正在利用这些研究成果研发针对多种疾病的新疗法，包括慢性疼痛等等。</p>\n<p><img src=\"https://static.tigerbbs.com/6e7f189965001c615384fca5cd8947e9\" tg-width=\"630\" tg-height=\"605\" referrerpolicy=\"no-referrer\"></p>\n<p><b>过去6年诺贝尔生理学或医学奖得主名单：</b></p>\n<p>2020年——美英三位科学家Harvey J。 Alter、Michael Houghton、Charles M。 Rice获奖，获奖理由是“发现丙型肝炎病毒”。</p>\n<p>2019年——美英三位科学家William G。 Kaelin Jr、Peter J。 Ratcliffe和Gregg L。 Semenza获奖，获奖理由是“发现了细胞如何感知和适应氧气的可用性”。</p>\n<p>2018年——美国科学家James P。 Allision和日本科学家Tasuku Honjo获奖，获奖理由是“发现了抑制负面免疫调节的癌症疗法”。</p>\n<p>2017年——三位美国科学家Jeffrey C。 Hall、Michael Rosbash和Michael W。 Young获奖，获奖理由是“发现了调控昼夜节律的分子机制”。</p>\n<p>2016年——日本科学家Yoshinori Ohsumi获奖，获奖理由是“发现了细胞自噬机制。”</p>\n<p>2015年——中国科学家屠呦呦获奖，获奖理由是“有关疟疾新疗法的发现”；另外两位获奖科学家为爱尔兰的William C。 Campbell和日本的Satoshi Omura，获奖理由是“有关蛔虫寄生虫感染新疗法的发现”。</p>\n<p><b>诺贝尔生理学或医学奖小知识：</b></p>\n<p>——从1901年到2020年，诺贝尔生理学或医学奖共颁发了111次。未颁发的9年分别是1915、1916、1917、1918、1921、1925、1940、1941、1942年。</p>\n<p>——111次颁奖中，39次为单人获奖，33次为2人共享，39次为3人共享。</p>\n<p>——从1901年至2020年，共222人获奖。</p>\n<p>——最年轻的获奖者是加拿大科学家Frederick G。 Banting，1923年因“发现胰岛素”获奖，时年32岁。</p>\n<p>——最年长的获奖者是美国科学家Peyton Rous，1966年因“发现肿瘤诱导病毒”获奖，时年87岁。</p>\n<p>——222位诺贝尔生理学或医学奖得主中，有12位是女性。分别是1947年的Gerty Cori，1977年的Rosalyn Yalow，1983年的Barbara McClintock，1986年的Rita Levi-Montalcini，1988年的Gertrude B。 Elion，1995年的Christiane Nüsslein-Volhard，2004年的Linda B。 Buck，2008年的Françoise Barré-Sinoussi，2009年的Elizabeth H。 Blackburn和Carol W。 Greider，2014年的May-Britt Moser，以及2015年的屠呦呦。</p>","source":"sina_tech","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2021诺贝尔生理学或医学奖揭晓：有关疼痛与温度感知\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-04 17:38 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/tech/2021-10-04/doc-iktzscyx7904174.shtml><strong>新浪科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>北京时间10月4日消息，2021年诺贝尔生理学或医学奖揭晓：David Julius和Ardem Patapoutian两人获奖。\n获奖理由：David Julius和Ardem Patapoutian及其同事发现了人类感知疼痛和温度的机制，揭示了那些隐藏在疼痛过敏现象背后的机理。\n\n获奖理由：\n人体对热、冷和触觉的感知能力对我们的生存至关重要，并且支撑着我们与周围世界的互动。在日常生活中，我们常...</p>\n\n<a href=\"https://finance.sina.com.cn/tech/2021-10-04/doc-iktzscyx7904174.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ea6287454f6e90cfa5b279c27aa64119","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.sina.com.cn/tech/2021-10-04/doc-iktzscyx7904174.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101126161","content_text":"北京时间10月4日消息，2021年诺贝尔生理学或医学奖揭晓：David Julius和Ardem Patapoutian两人获奖。\n获奖理由：David Julius和Ardem Patapoutian及其同事发现了人类感知疼痛和温度的机制，揭示了那些隐藏在疼痛过敏现象背后的机理。\n\n获奖理由：\n人体对热、冷和触觉的感知能力对我们的生存至关重要，并且支撑着我们与周围世界的互动。在日常生活中，我们常认为这些感觉是理所当然的，但与此相关的神经冲动是如何产生，从而使温度和压力可以被感知的呢？今年的两位诺贝尔奖得主解决了这个问题。\nDavid Julius利用辣椒素（一种从辣椒中提取的刺激性化合物，能产生灼烧感）来识别皮肤神经末梢上对热做出反应的感受器。Ardem Patapoutian利用压力敏感细胞发现了一种对皮肤和内部器官的机械刺激作出反应的新型感受器。这些突破性的发现促进了科学界展开大量的研究活动，使我们对神经系统如何感知热、冷和机械刺激的了解更加深入。两位获奖者指出，当我们尝试理解感官与环境之间复杂的相互作用时，有些关键的环节被忽视了。\n我们是如何感知世界的？\n我们是如何感知身边环境的？这是人类面临的最大的谜团之一。数千年来，我们的感觉机制一直令人们好奇不已。例如，眼睛是如何探测到光线的？声波是如何影响内耳的？不同的化学物质又是如何与我们口鼻中的感受器发生相互作用、从而产生嗅觉和味觉的？除此之外，我们还有其它感知身边世界的方式。想象一下在炎热的夏天光脚走过草坪时的感觉。你可以感受到太阳的热度、微风的吹拂、以及脚下的每一片草叶。这些对温度、触觉和动作的感知对我们不断适应周边环境的能力至关重要。\n17世纪，哲学家笛卡尔提出，我们的各部分皮肤可能是通过某种“细线”与大脑相连的。假如脚碰到了火苗，就会通过这种方式向大脑发送一个机械信号。科学家后来发现，具有特定功能的感觉神经元可以察觉到环境中的变化。1944年，Joseph Erlanger和Herbert Gasser因发现可以对不同刺激做出反应的感觉神经纤维（如会产生痛觉的触碰和不会产生痛觉的触碰）而获得了诺贝尔生理学奖或医学奖。自此之后，科学家发现，神经细胞在探测和传导不同类型的刺激时的分工高度分化，使我们可以精确感知周围环境。例如，我们可以通过指尖感受出不同表面质感的区别，还可以分辨出令人舒适的温暖和痛苦难忍的高温。\n在David Julius和 Ardem Patapoutian做出此次发现之前，神经系统感知和解读周边环境的方式对我们而言一直是个未解之谜：温度和力学刺激究竟是如何转化为神经系统的电脉冲的？\n\n热的科学研究！\n二十世纪年代后期，美国加州大学旧金山分校的David Julius通过分析化合物辣椒素如何引起我们接触辣椒时的灼烧感，看到了重大进步的可能性。人们已经知道，辣椒素可以激活引起疼痛感的神经细胞，但是这种化学物质如何真正发挥该功能仍是一个未解之谜。Julius和他的同事创建了一个包含数百万个DNA片段的库，对应于在感觉神经元中表达的基因，这些基因可以回应疼痛、热和触摸。Julius和他的同事假设，该DNA片段库或可包含可编码能够与辣椒素反应的蛋白质的DNA片段。在通常不与辣椒素反应的培养细胞中，他们表达了来自该合集的个别基因。经过艰苦的搜索之后，他们确定了一个能够使细胞对辣椒素敏感的基因。感应辣椒素的基因终于被发现！进一步的实验表明，鉴定出的基因编码了一个新的离子通道蛋白，这个新发现的辣椒素受体后来被命名为TRP1。当Julius研究蛋白质对热的反应能力时，他意识到，他发现了一个热敏受体，该受体会在高温导致疼痛的时候被激活。\nDavid Julius使用辣椒中的辣椒素来鉴定TRPV1，这是一种因令人疼痛的温度而激活的离子通道。其他相关的离子通道也已经被确认，我们如今已经知道不同的温度在神经系统中诱导电信号的方式。\nTRPV1的发现是一项重大突破，为揭开其他温度感应受体开辟了道路。David Julius和Ardem Patapoutian两人各自独立地使用化学物薄荷醇找到了一种被证明会因寒冷而激活的受体TRPM8。与TRPV1和TRPM8相关的其他离子通道陆续被发现，并由一系列不同的温度激活。许多实验室开始开展研究项目，通过使用经基因操作后缺乏这些新发现基因的小鼠，来研究这些离子通道在热感觉中发挥的作用。David Julius对TRPV1的发现是一项突破，让我们能够了解温度差异如何在神经系统中诱导电信号。\n对压力感知的研究\n尽管对温度感觉机制的研究正逐步推进，但科学家机械刺激如何转化为我们的触觉和压力感仍不清楚。此前，研究人员在细菌中发现了机械刺激的感受器，但在脊椎动物中，触觉的潜在机制仍不清楚。Ardem Patapoutian在美国加州的斯克里普斯研究中心工作，他希望找出人体内由机械刺激激活的神秘受体。\nPatapoutian和他的同事首先发现了一种细胞系，当单个细胞被微管戳到时，它会发出可测量的电信号。他们假设这种感受机械刺激的受体是一个离子通道，并在下一步研究中鉴定了72个编码可能受体的候选基因。这些基因被逐个灭活，从而在被研究的细胞中发现了负责感受机械刺激的基因。经过艰苦的研究，Patapoutian和同事们成功地识别出了一个基因，该基因的沉默使细胞对微管的刺激不敏感。人们发现了一种全新的、完全未知的机械敏感离子通道，并将其命名为“Piezo1”（这个词来源于希腊语中的piesi，即“压力”）。通过研究与Piezo1相似的基因，人们发现了第二种基因，并将其命名为“Piezo2”。感觉神经元表达了高水平的Piezo2基因，而进一步的研究证实，Piezo1和Piezo2是通过对细胞膜施加压力直接激活的离子通道（图3）。\nPatapoutian的这项突破为他和其他团队带来了一系列重要论文，证明了 Piezo2离子通道对触觉至关重要。此外， Piezo2也被证明在身体位置和运动感知，即本体感受中发挥着关键作用。在进一步的研究中， Piezo1和 Piezo2离子通道被证明可以调节其他重要的生理过程，包括血压、呼吸和膀胱控制等。\nPatapoutian使用培养的机械敏感细胞鉴定了一个由机械力激活的离子通道。经过艰苦的研究工作，他们识别出了Piezo1。通过研究与Piezo1相似的基因，研究者发现了第二个离子通道（Piezo2）。\n全都说得“通”了！\n今年诺贝尔奖得主发现的TRPV1、TRPM8与Piezo通道让我们得以理解高温、寒冷和机械力是如何激活神经脉冲、从而帮助我们感知和适应身边世界的。TRP通道对我们的温度感知能力至关重要。Piezo2通道则使我们具备了感受触觉、以及感知各个身体部位位置及动作的能力。除此之外，TRP和Piezo通道还对多种依赖温度或力刺激的生理功能起到了重大作用。在本次诺奖获奖研究的基础上，还有大量研究工作正在开展，致力于弄清这些通道在各种生理过程中发挥的功能。科学家正在利用这些研究成果研发针对多种疾病的新疗法，包括慢性疼痛等等。\n\n过去6年诺贝尔生理学或医学奖得主名单：\n2020年——美英三位科学家Harvey J。 Alter、Michael Houghton、Charles M。 Rice获奖，获奖理由是“发现丙型肝炎病毒”。\n2019年——美英三位科学家William G。 Kaelin Jr、Peter J。 Ratcliffe和Gregg L。 Semenza获奖，获奖理由是“发现了细胞如何感知和适应氧气的可用性”。\n2018年——美国科学家James P。 Allision和日本科学家Tasuku Honjo获奖，获奖理由是“发现了抑制负面免疫调节的癌症疗法”。\n2017年——三位美国科学家Jeffrey C。 Hall、Michael Rosbash和Michael W。 Young获奖，获奖理由是“发现了调控昼夜节律的分子机制”。\n2016年——日本科学家Yoshinori Ohsumi获奖，获奖理由是“发现了细胞自噬机制。”\n2015年——中国科学家屠呦呦获奖，获奖理由是“有关疟疾新疗法的发现”；另外两位获奖科学家为爱尔兰的William C。 Campbell和日本的Satoshi Omura，获奖理由是“有关蛔虫寄生虫感染新疗法的发现”。\n诺贝尔生理学或医学奖小知识：\n——从1901年到2020年，诺贝尔生理学或医学奖共颁发了111次。未颁发的9年分别是1915、1916、1917、1918、1921、1925、1940、1941、1942年。\n——111次颁奖中，39次为单人获奖，33次为2人共享，39次为3人共享。\n——从1901年至2020年，共222人获奖。\n——最年轻的获奖者是加拿大科学家Frederick G。 Banting，1923年因“发现胰岛素”获奖，时年32岁。\n——最年长的获奖者是美国科学家Peyton Rous，1966年因“发现肿瘤诱导病毒”获奖，时年87岁。\n——222位诺贝尔生理学或医学奖得主中，有12位是女性。分别是1947年的Gerty Cori，1977年的Rosalyn Yalow，1983年的Barbara McClintock，1986年的Rita Levi-Montalcini，1988年的Gertrude B。 Elion，1995年的Christiane Nüsslein-Volhard，2004年的Linda B。 Buck，2008年的Françoise Barré-Sinoussi，2009年的Elizabeth H。 Blackburn和Carol W。 Greider，2014年的May-Britt Moser，以及2015年的屠呦呦。","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867192236,"gmtCreate":1633223846479,"gmtModify":1633223846805,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","listText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","text":"[强] [强] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/867192236","repostId":"2172645879","repostType":4,"repost":{"id":"2172645879","kind":"live","pubTimestamp":1633188887,"share":"https://www.laohu8.com/m/news/2172645879?lang=&edition=full","pubTime":"2021-10-02 23:34","market":"us","language":"zh","title":"特斯拉第三季度交付量24.13万，超市场预期","url":"https://stock-news.laohu8.com/highlight/detail?id=2172645879","media":"格隆汇","summary":"特斯拉第三季度交付量24.13万，市场预估22.3677万；特斯拉第三季度汽车产量23.7823万辆，同比增加64%。","content":"<p>特斯拉第三季度交付量24.13万，市场预估22.3677万；特斯拉第三季度汽车产量23.7823万辆，同比增加64%。</p>","source":"live_gelonghui","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\" 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}\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉第三季度交付量24.13万，超市场预期\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-02 23:34 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.gelonghui.com/rss/live/live.xml><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>特斯拉第三季度交付量24.13万，市场预估22.3677万；特斯拉第三季度汽车产量23.7823万辆，同比增加64%。</p>\n\n<a href=\"http://www.gelonghui.com/rss/live/live.xml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8350896f4f33c86bc28f200b67ab82b4","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://www.gelonghui.com/rss/live/live.xml","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2172645879","content_text":"特斯拉第三季度交付量24.13万，市场预估22.3677万；特斯拉第三季度汽车产量23.7823万辆，同比增加64%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865404210,"gmtCreate":1633008902061,"gmtModify":1633008945691,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865404210","repostId":"1158699159","repostType":4,"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866561455,"gmtCreate":1632791379477,"gmtModify":1632797580647,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866561455","repostId":"1163262138","repostType":4,"repost":{"id":"1163262138","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632783611,"share":"https://www.laohu8.com/m/news/1163262138?lang=&edition=full","pubTime":"2021-09-28 07:00","market":"hk","language":"zh","title":"昨夜今晨：美股走势严重分化！发生了什么？","url":"https://stock-news.laohu8.com/highlight/detail?id=1163262138","media":"老虎资讯综合","summary":"摘要：美债收益率攀升，美股收盘涨跌不一；热门中概股收盘普涨；美油收高2%创3年新高，天然气飙升11%创2014年来新高；鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久；Facebook计划投资5","content":"<blockquote>\n <b>摘要：</b>美债收益率攀升，美股收盘涨跌不一；热门中概股收盘普涨；美油收高2%创3年新高，天然气飙升11%创2014年来新高；鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久；<a href=\"https://laohu8.com/S/FB\">Facebook</a>计划投资5000万美元建立元宇宙；TikTok宣布全球月活跃用户突破10亿&gt;&gt;&gt;\n</blockquote>\n<p><b>海外市场</b></p>\n<p><b>收盘：美债收益率攀升，美股收盘涨跌不一</b></p>\n<p>美股周一收盘涨跌不一。美债收益率攀升令大型科技股承压。投资者继续关注美国联邦政府关门的可能性。纽约联储行长称可能很快必须缩减购债。芝加哥联储行长预计2023年首次加息。截至收盘，道琼斯指数涨0.21%，报34,869.37点；标普500指数跌0.28%，报4,443.11点；纳斯达克指数跌0.52%，报14,970.00点。</p>\n<p><b>热门中概股收盘普涨，<a href=\"https://laohu8.com/S/COE\">51Talk</a>飙升逾21%</b></p>\n<p>热门中概股集体收涨，<a href=\"https://laohu8.com/S/JD\">京东</a>涨3.31%，微博涨0.26%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨1.87%，<a href=\"https://laohu8.com/S/EDU\">新东方</a>涨3.74%，<a href=\"https://laohu8.com/S/NTES\">网易</a>涨3.26%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>涨3.52%，<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>涨1.98%，<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨3.14%，<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨3.52%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨0.89%，<a href=\"https://laohu8.com/S/BIDU\">百度</a>涨0.24%。</p>\n<p><b>美油收高2%创3年新高，天然气飙升11%创2014年来新高</b></p>\n<p>美国期货周一上涨并收于近三年来的最高水平。天然气期货价格回升至2014年2月以来的最高水平。纽约商品交易所11月交割的西德克萨斯中质原油（WTI）期货价格上涨1.47美元，涨幅2%，收于每桶75.45美元，创2018年10月以来即期期货的最高收盘价；10月天然气期货价格上涨57美分，涨幅高达11%，收于每百万英热单位5.706美元，为2014年2月以来的最高近月合约收盘价。</p>\n<p><b>黄金期货收高30美分，连续第二个交易日小幅上涨</b></p>\n<p>黄金期货周一连续第二个交易日小幅上涨。投资者继续对美联储发出的即将缩减购债规模信号做出反应。纽约商品交易所12月交割的黄金期货价格上涨30美分，收于每盎司1752美元，为连续第二个交易日小幅上涨。</p>\n<p><b>投资者消化德国大选结果，欧洲股市涨跌互现</b></p>\n<p>欧洲股市周一收盘涨跌互现，德国大选结果消除了该地区投资者面临的一个关键市场风险。欧斯托克600指数暂时小幅收低，盘中一度上涨0.7%。石油和天然气股上涨2.8%，而科技股下跌1.4%。</p>\n<p><b>市场分析</b></p>\n<p>一些投资者表示，在利率上升的情况下，周期性股市反弹表明，经济正走上可持续增长的道路。“这确实是下一个阶段，更多的周期性导向公司能否在新冠疫情后走出周期性低谷后继续以同样的速度增长收益?”Brown Advisory固定收益部门主管兼投资组合经理汤姆•格拉夫(Tom Graff)表示。</p>\n<p>一些市场人士表示，回调也会让估值过高的股票变得更便宜。“如果你看到这些有吸引力的公司撤出，你肯定会利用这个机会买进，”Miracle Mile Advisors的财务顾问兼董事萨拉•拉乔-米勒(Sara Rajo-Miller)表示。“它们仍然是人们想拥有的好名字。”</p>\n<p>投资者也在密切关注本周美国国会许多高风险最后期限的结果，在政府资金到期和美国可能违约的背景下，谈判可能会陷入混乱。</p>\n<p><b>国际宏观</b></p>\n<p><a href=\"https://laohu8.com/NW/2170379627\" target=\"_blank\"><b>鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久</b></a></p>\n<p>联储主席鲍威尔周二将出席参议院银行委员会的听证会，据媒体报道，鲍威尔在演讲稿中表示，随着美国经济从疫情中恢复，物价上涨和就业困难的持续时间可能比预期更久，美联储将在必要时采取行动遏制通胀。</p>\n<p><b>美国参议院共和党阻止上调债务上限</b></p>\n<p>美国国会参议院共和党投票，在程序性投票环节以48-50票阻止参议院推进审议债务上限和政府融资立法草案（草案获批的最低门槛是60票支持票）。该立法草案本来用于延长债务上限至2022年12月，并维持联邦政府运转至9月30日之后。这意味着，参议院民主党将被迫寻找新的立法策略，以解决迫在眉睫的融资问题截止日期。</p>\n<p><a href=\"https://laohu8.com/NW/2170627345\" target=\"_blank\"><b>2名美国地方联储主席数小时内先后宣布辞职</b></a></p>\n<p>达拉斯联邦储备银行行长罗伯特·卡普兰周一表示，他将于10月8日离职，以消除与他的个人投资活动相关的对央行的任何“干扰”。该消息是在波士顿联储主席埃里克·罗森格伦表示他将于9月27日离职后数小时发布的。</p>\n<p><a href=\"https://laohu8.com/NW/2170621728\" target=\"_blank\"><b>拜登接种第三针辉瑞新冠疫苗 并表示他希望更多疫苗授权</b></a></p>\n<p>美国乔·拜登周一在白宫于摄像机镜头前接种了辉瑞-<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>新冠疫苗的加强针，并表示他将敦促获得更多的疫苗授权，以提高美国的疫苗接种率。</p>\n<p><a href=\"https://laohu8.com/NW/2170622085\" target=\"_blank\"><b>芝加哥联储行长：预计首次加息会在2023年出现</b></a></p>\n<p>芝加哥联储行长埃文斯表示，他认为2023年会迈出加息“第一步”。他在电话中告诉记者，“今年6月份时情况已经比3月份有所好转，所以我们略微提前了预期中的首次加息时间，但我仍然认为2024年会更为合适。我们将加息时间提前到2023年，但我想当年只会升息一次，之后也会非常缓和。</p>\n<p><b>公司新闻</b></p>\n<p><a href=\"https://laohu8.com/NW/2170629649\" target=\"_blank\"><b>TikTok宣布全球月活跃用户突破10亿</b></a></p>\n<p>据报道，TikTok今日宣布，其全球月活跃用户数量已突破10亿大关，表明这款短视频应用仍在稳步增长。当前，TikTok在美国等市场非常受欢迎，尤其是在青少年人群中。在新冠肺炎疫情期间，又有大量美国消费者加入到它的行列。</p>\n<p><b>辉瑞开始研究mRNA流感疫苗</b></p>\n<p>当地时间周一，辉瑞表示，该公司已在一项基于mRNA技术的流感疫苗试验中给第一位对象接种了疫苗。据悉，辉瑞在美国进行的早期试验将在65-85岁的健康群体中展开。辉瑞公司疫苗研发主管Kathrin Jansen称，新冠疫情使该公司得以利用mRNA的巨大科学机遇，而流感仍然是需要疫苗的领域。</p>\n<p><a href=\"https://laohu8.com/NW/2170621711\" target=\"_blank\"><b>Facebook计划投资5000万美元建立元宇宙</b></a></p>\n<p>当地时间周一，Facebook宣布将投资5000万美元，和一些机构合作以负责人的方式建立元宇宙。Facebook称，新的XR项目和研究基金将在未来两年对全球进行投资，以确保元宇宙技术以一种包容和授权的方式构建。该公司表示，计划与数据隐私和安全等四个领域的研究人员合作，让用户在元宇宙中看到不舒服东西时，可以获得帮助。</p>\n<p><b>花旗集团任命前美国财政部官员为法律总顾问</b></p>\n<p>花旗集团首席执行官Jane Fraser周一表示，该公司将任命前美国财政部官员Brent McIntosh担任法律总顾问和公司秘书。据悉，McIntosh此前曾担任美国财政部负责国际事务的副部长，在制定应对新冠疫情对经济造成的影响的政策方面发挥了关键作用。</p>\n<p><b>洛克希德将在2022年向美国交付151至153架F-35战斗机</b></p>\n<p>当地时间周一，洛克希德表示，该公司已与五角大楼达成协议，将在2022年交付151至153架F-35战斗机，低于此前预期交付的169架。美国政府是洛克希德公司最大的客户，去年其销售额的四分之三来自美国政府。据悉，到目前为止，已经向美国及其合作伙伴交付了700多架F-35。</p>\n<p><a href=\"https://laohu8.com/NW/2170624832\" target=\"_blank\"><b>富国银行以3700万美元与美国司法部就外汇服务欺骗客户案达成和解</b></a></p>\n<p>富国银行遭美国司法部指控对近800家商业客户收取过高外汇服务费用后，同意以3,700万美元达成和解。这是该行一系列丑闻中的最新一例。</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>昨夜今晨：美股走势严重分化！发生了什么？</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n昨夜今晨：美股走势严重分化！发生了什么？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-28 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>摘要：</b>美债收益率攀升，美股收盘涨跌不一；热门中概股收盘普涨；美油收高2%创3年新高，天然气飙升11%创2014年来新高；鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久；<a href=\"https://laohu8.com/S/FB\">Facebook</a>计划投资5000万美元建立元宇宙；TikTok宣布全球月活跃用户突破10亿&gt;&gt;&gt;\n</blockquote>\n<p><b>海外市场</b></p>\n<p><b>收盘：美债收益率攀升，美股收盘涨跌不一</b></p>\n<p>美股周一收盘涨跌不一。美债收益率攀升令大型科技股承压。投资者继续关注美国联邦政府关门的可能性。纽约联储行长称可能很快必须缩减购债。芝加哥联储行长预计2023年首次加息。截至收盘，道琼斯指数涨0.21%，报34,869.37点；标普500指数跌0.28%，报4,443.11点；纳斯达克指数跌0.52%，报14,970.00点。</p>\n<p><b>热门中概股收盘普涨，<a href=\"https://laohu8.com/S/COE\">51Talk</a>飙升逾21%</b></p>\n<p>热门中概股集体收涨，<a href=\"https://laohu8.com/S/JD\">京东</a>涨3.31%，微博涨0.26%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨1.87%，<a href=\"https://laohu8.com/S/EDU\">新东方</a>涨3.74%，<a href=\"https://laohu8.com/S/NTES\">网易</a>涨3.26%，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>涨3.52%，<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>涨1.98%，<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>涨3.14%，<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨3.52%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>涨0.89%，<a href=\"https://laohu8.com/S/BIDU\">百度</a>涨0.24%。</p>\n<p><b>美油收高2%创3年新高，天然气飙升11%创2014年来新高</b></p>\n<p>美国期货周一上涨并收于近三年来的最高水平。天然气期货价格回升至2014年2月以来的最高水平。纽约商品交易所11月交割的西德克萨斯中质原油（WTI）期货价格上涨1.47美元，涨幅2%，收于每桶75.45美元，创2018年10月以来即期期货的最高收盘价；10月天然气期货价格上涨57美分，涨幅高达11%，收于每百万英热单位5.706美元，为2014年2月以来的最高近月合约收盘价。</p>\n<p><b>黄金期货收高30美分，连续第二个交易日小幅上涨</b></p>\n<p>黄金期货周一连续第二个交易日小幅上涨。投资者继续对美联储发出的即将缩减购债规模信号做出反应。纽约商品交易所12月交割的黄金期货价格上涨30美分，收于每盎司1752美元，为连续第二个交易日小幅上涨。</p>\n<p><b>投资者消化德国大选结果，欧洲股市涨跌互现</b></p>\n<p>欧洲股市周一收盘涨跌互现，德国大选结果消除了该地区投资者面临的一个关键市场风险。欧斯托克600指数暂时小幅收低，盘中一度上涨0.7%。石油和天然气股上涨2.8%，而科技股下跌1.4%。</p>\n<p><b>市场分析</b></p>\n<p>一些投资者表示，在利率上升的情况下，周期性股市反弹表明，经济正走上可持续增长的道路。“这确实是下一个阶段，更多的周期性导向公司能否在新冠疫情后走出周期性低谷后继续以同样的速度增长收益?”Brown Advisory固定收益部门主管兼投资组合经理汤姆•格拉夫(Tom Graff)表示。</p>\n<p>一些市场人士表示，回调也会让估值过高的股票变得更便宜。“如果你看到这些有吸引力的公司撤出，你肯定会利用这个机会买进，”Miracle Mile Advisors的财务顾问兼董事萨拉•拉乔-米勒(Sara Rajo-Miller)表示。“它们仍然是人们想拥有的好名字。”</p>\n<p>投资者也在密切关注本周美国国会许多高风险最后期限的结果，在政府资金到期和美国可能违约的背景下，谈判可能会陷入混乱。</p>\n<p><b>国际宏观</b></p>\n<p><a href=\"https://laohu8.com/NW/2170379627\" target=\"_blank\"><b>鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久</b></a></p>\n<p>联储主席鲍威尔周二将出席参议院银行委员会的听证会，据媒体报道，鲍威尔在演讲稿中表示，随着美国经济从疫情中恢复，物价上涨和就业困难的持续时间可能比预期更久，美联储将在必要时采取行动遏制通胀。</p>\n<p><b>美国参议院共和党阻止上调债务上限</b></p>\n<p>美国国会参议院共和党投票，在程序性投票环节以48-50票阻止参议院推进审议债务上限和政府融资立法草案（草案获批的最低门槛是60票支持票）。该立法草案本来用于延长债务上限至2022年12月，并维持联邦政府运转至9月30日之后。这意味着，参议院民主党将被迫寻找新的立法策略，以解决迫在眉睫的融资问题截止日期。</p>\n<p><a href=\"https://laohu8.com/NW/2170627345\" target=\"_blank\"><b>2名美国地方联储主席数小时内先后宣布辞职</b></a></p>\n<p>达拉斯联邦储备银行行长罗伯特·卡普兰周一表示，他将于10月8日离职，以消除与他的个人投资活动相关的对央行的任何“干扰”。该消息是在波士顿联储主席埃里克·罗森格伦表示他将于9月27日离职后数小时发布的。</p>\n<p><a href=\"https://laohu8.com/NW/2170621728\" target=\"_blank\"><b>拜登接种第三针辉瑞新冠疫苗 并表示他希望更多疫苗授权</b></a></p>\n<p>美国乔·拜登周一在白宫于摄像机镜头前接种了辉瑞-<a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a>新冠疫苗的加强针，并表示他将敦促获得更多的疫苗授权，以提高美国的疫苗接种率。</p>\n<p><a href=\"https://laohu8.com/NW/2170622085\" target=\"_blank\"><b>芝加哥联储行长：预计首次加息会在2023年出现</b></a></p>\n<p>芝加哥联储行长埃文斯表示，他认为2023年会迈出加息“第一步”。他在电话中告诉记者，“今年6月份时情况已经比3月份有所好转，所以我们略微提前了预期中的首次加息时间，但我仍然认为2024年会更为合适。我们将加息时间提前到2023年，但我想当年只会升息一次，之后也会非常缓和。</p>\n<p><b>公司新闻</b></p>\n<p><a href=\"https://laohu8.com/NW/2170629649\" target=\"_blank\"><b>TikTok宣布全球月活跃用户突破10亿</b></a></p>\n<p>据报道，TikTok今日宣布，其全球月活跃用户数量已突破10亿大关，表明这款短视频应用仍在稳步增长。当前，TikTok在美国等市场非常受欢迎，尤其是在青少年人群中。在新冠肺炎疫情期间，又有大量美国消费者加入到它的行列。</p>\n<p><b>辉瑞开始研究mRNA流感疫苗</b></p>\n<p>当地时间周一，辉瑞表示，该公司已在一项基于mRNA技术的流感疫苗试验中给第一位对象接种了疫苗。据悉，辉瑞在美国进行的早期试验将在65-85岁的健康群体中展开。辉瑞公司疫苗研发主管Kathrin Jansen称，新冠疫情使该公司得以利用mRNA的巨大科学机遇，而流感仍然是需要疫苗的领域。</p>\n<p><a href=\"https://laohu8.com/NW/2170621711\" target=\"_blank\"><b>Facebook计划投资5000万美元建立元宇宙</b></a></p>\n<p>当地时间周一，Facebook宣布将投资5000万美元，和一些机构合作以负责人的方式建立元宇宙。Facebook称，新的XR项目和研究基金将在未来两年对全球进行投资，以确保元宇宙技术以一种包容和授权的方式构建。该公司表示，计划与数据隐私和安全等四个领域的研究人员合作，让用户在元宇宙中看到不舒服东西时，可以获得帮助。</p>\n<p><b>花旗集团任命前美国财政部官员为法律总顾问</b></p>\n<p>花旗集团首席执行官Jane Fraser周一表示，该公司将任命前美国财政部官员Brent McIntosh担任法律总顾问和公司秘书。据悉，McIntosh此前曾担任美国财政部负责国际事务的副部长，在制定应对新冠疫情对经济造成的影响的政策方面发挥了关键作用。</p>\n<p><b>洛克希德将在2022年向美国交付151至153架F-35战斗机</b></p>\n<p>当地时间周一，洛克希德表示，该公司已与五角大楼达成协议，将在2022年交付151至153架F-35战斗机，低于此前预期交付的169架。美国政府是洛克希德公司最大的客户，去年其销售额的四分之三来自美国政府。据悉，到目前为止，已经向美国及其合作伙伴交付了700多架F-35。</p>\n<p><a href=\"https://laohu8.com/NW/2170624832\" target=\"_blank\"><b>富国银行以3700万美元与美国司法部就外汇服务欺骗客户案达成和解</b></a></p>\n<p>富国银行遭美国司法部指控对近800家商业客户收取过高外汇服务费用后，同意以3,700万美元达成和解。这是该行一系列丑闻中的最新一例。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163262138","content_text":"摘要：美债收益率攀升，美股收盘涨跌不一；热门中概股收盘普涨；美油收高2%创3年新高，天然气飙升11%创2014年来新高；鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久；Facebook计划投资5000万美元建立元宇宙；TikTok宣布全球月活跃用户突破10亿>>>\n\n海外市场\n收盘：美债收益率攀升，美股收盘涨跌不一\n美股周一收盘涨跌不一。美债收益率攀升令大型科技股承压。投资者继续关注美国联邦政府关门的可能性。纽约联储行长称可能很快必须缩减购债。芝加哥联储行长预计2023年首次加息。截至收盘，道琼斯指数涨0.21%，报34,869.37点；标普500指数跌0.28%，报4,443.11点；纳斯达克指数跌0.52%，报14,970.00点。\n热门中概股收盘普涨，51Talk飙升逾21%\n热门中概股集体收涨，京东涨3.31%，微博涨0.26%，拼多多涨1.87%，新东方涨3.74%，网易涨3.26%，阿里巴巴涨3.52%，腾讯音乐涨1.98%，爱奇艺涨3.14%，滴滴涨3.52%，哔哩哔哩涨0.89%，百度涨0.24%。\n美油收高2%创3年新高，天然气飙升11%创2014年来新高\n美国期货周一上涨并收于近三年来的最高水平。天然气期货价格回升至2014年2月以来的最高水平。纽约商品交易所11月交割的西德克萨斯中质原油（WTI）期货价格上涨1.47美元，涨幅2%，收于每桶75.45美元，创2018年10月以来即期期货的最高收盘价；10月天然气期货价格上涨57美分，涨幅高达11%，收于每百万英热单位5.706美元，为2014年2月以来的最高近月合约收盘价。\n黄金期货收高30美分，连续第二个交易日小幅上涨\n黄金期货周一连续第二个交易日小幅上涨。投资者继续对美联储发出的即将缩减购债规模信号做出反应。纽约商品交易所12月交割的黄金期货价格上涨30美分，收于每盎司1752美元，为连续第二个交易日小幅上涨。\n投资者消化德国大选结果，欧洲股市涨跌互现\n欧洲股市周一收盘涨跌互现，德国大选结果消除了该地区投资者面临的一个关键市场风险。欧斯托克600指数暂时小幅收低，盘中一度上涨0.7%。石油和天然气股上涨2.8%，而科技股下跌1.4%。\n市场分析\n一些投资者表示，在利率上升的情况下，周期性股市反弹表明，经济正走上可持续增长的道路。“这确实是下一个阶段，更多的周期性导向公司能否在新冠疫情后走出周期性低谷后继续以同样的速度增长收益?”Brown Advisory固定收益部门主管兼投资组合经理汤姆•格拉夫(Tom Graff)表示。\n一些市场人士表示，回调也会让估值过高的股票变得更便宜。“如果你看到这些有吸引力的公司撤出，你肯定会利用这个机会买进，”Miracle Mile Advisors的财务顾问兼董事萨拉•拉乔-米勒(Sara Rajo-Miller)表示。“它们仍然是人们想拥有的好名字。”\n投资者也在密切关注本周美国国会许多高风险最后期限的结果，在政府资金到期和美国可能违约的背景下，谈判可能会陷入混乱。\n国际宏观\n鲍威尔国会证词公布：通胀压力的持续时间可能比预期更久\n联储主席鲍威尔周二将出席参议院银行委员会的听证会，据媒体报道，鲍威尔在演讲稿中表示，随着美国经济从疫情中恢复，物价上涨和就业困难的持续时间可能比预期更久，美联储将在必要时采取行动遏制通胀。\n美国参议院共和党阻止上调债务上限\n美国国会参议院共和党投票，在程序性投票环节以48-50票阻止参议院推进审议债务上限和政府融资立法草案（草案获批的最低门槛是60票支持票）。该立法草案本来用于延长债务上限至2022年12月，并维持联邦政府运转至9月30日之后。这意味着，参议院民主党将被迫寻找新的立法策略，以解决迫在眉睫的融资问题截止日期。\n2名美国地方联储主席数小时内先后宣布辞职\n达拉斯联邦储备银行行长罗伯特·卡普兰周一表示，他将于10月8日离职，以消除与他的个人投资活动相关的对央行的任何“干扰”。该消息是在波士顿联储主席埃里克·罗森格伦表示他将于9月27日离职后数小时发布的。\n拜登接种第三针辉瑞新冠疫苗 并表示他希望更多疫苗授权\n美国乔·拜登周一在白宫于摄像机镜头前接种了辉瑞-BioNTech SE新冠疫苗的加强针，并表示他将敦促获得更多的疫苗授权，以提高美国的疫苗接种率。\n芝加哥联储行长：预计首次加息会在2023年出现\n芝加哥联储行长埃文斯表示，他认为2023年会迈出加息“第一步”。他在电话中告诉记者，“今年6月份时情况已经比3月份有所好转，所以我们略微提前了预期中的首次加息时间，但我仍然认为2024年会更为合适。我们将加息时间提前到2023年，但我想当年只会升息一次，之后也会非常缓和。\n公司新闻\nTikTok宣布全球月活跃用户突破10亿\n据报道，TikTok今日宣布，其全球月活跃用户数量已突破10亿大关，表明这款短视频应用仍在稳步增长。当前，TikTok在美国等市场非常受欢迎，尤其是在青少年人群中。在新冠肺炎疫情期间，又有大量美国消费者加入到它的行列。\n辉瑞开始研究mRNA流感疫苗\n当地时间周一，辉瑞表示，该公司已在一项基于mRNA技术的流感疫苗试验中给第一位对象接种了疫苗。据悉，辉瑞在美国进行的早期试验将在65-85岁的健康群体中展开。辉瑞公司疫苗研发主管Kathrin Jansen称，新冠疫情使该公司得以利用mRNA的巨大科学机遇，而流感仍然是需要疫苗的领域。\nFacebook计划投资5000万美元建立元宇宙\n当地时间周一，Facebook宣布将投资5000万美元，和一些机构合作以负责人的方式建立元宇宙。Facebook称，新的XR项目和研究基金将在未来两年对全球进行投资，以确保元宇宙技术以一种包容和授权的方式构建。该公司表示，计划与数据隐私和安全等四个领域的研究人员合作，让用户在元宇宙中看到不舒服东西时，可以获得帮助。\n花旗集团任命前美国财政部官员为法律总顾问\n花旗集团首席执行官Jane Fraser周一表示，该公司将任命前美国财政部官员Brent McIntosh担任法律总顾问和公司秘书。据悉，McIntosh此前曾担任美国财政部负责国际事务的副部长，在制定应对新冠疫情对经济造成的影响的政策方面发挥了关键作用。\n洛克希德将在2022年向美国交付151至153架F-35战斗机\n当地时间周一，洛克希德表示，该公司已与五角大楼达成协议，将在2022年交付151至153架F-35战斗机，低于此前预期交付的169架。美国政府是洛克希德公司最大的客户，去年其销售额的四分之三来自美国政府。据悉，到目前为止，已经向美国及其合作伙伴交付了700多架F-35。\n富国银行以3700万美元与美国司法部就外汇服务欺骗客户案达成和解\n富国银行遭美国司法部指控对近800家商业客户收取过高外汇服务费用后，同意以3,700万美元达成和解。这是该行一系列丑闻中的最新一例。","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866180848,"gmtCreate":1632747163484,"gmtModify":1632798154428,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866180848","repostId":"1165694220","repostType":4,"repost":{"id":"1165694220","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632745257,"share":"https://www.laohu8.com/m/news/1165694220?lang=&edition=full","pubTime":"2021-09-27 20:20","market":"us","language":"zh","title":"盘前：高盛“唱空”一新能源汽车股！石油股悉数走高","url":"https://stock-news.laohu8.com/highlight/detail?id=1165694220","media":"老虎资讯综合","summary":"9月27日，美股三大股指期货涨跌不一，截至发稿，道指期货涨0.01%；标普500指数期货跌0.28%；纳斯达克100指数期货跌0.77%。盘前，美联储埃文斯发表讲话，他表示，美国经济“接近“在开始缩减","content":"<p>9月27日，美股三大股指期货涨跌不一，截至发稿，道指期货涨0.01%；标普500指数期货跌0.28%；纳斯达克100指数期货跌0.77%。盘前，美联储埃文斯发表讲话，他表示，美国经济“接近“在开始缩减债券规模方面取得实质性进展，并表示如果就业市场继续改善，那么tapering就可以开始了。<img src=\"https://static.tigerbbs.com/caf2a40ea051183c513aa9c376186090\" tg-width=\"828\" tg-height=\"238\" referrerpolicy=\"no-referrer\"><b>市场消息</b></p>\n<p><b><a href=\"https://laohu8.com/S/CS\">瑞士信贷</a>计划向Greensill投资者再偿还4亿美元，合计金额将达约63亿美元</b></p>\n<p>瑞信表示，计划向其与Greensill Capital相关的供应链金融基金的投资者偿还约4亿美元，这是该行今年被迫冻结资金池以来的第五笔支付此类款项。根据瑞信网站上的一份声明，最新一笔款项预计将于本周支付，这将使支付给基金投资者的总金额达到约63亿美元。该行称，与Greensill基金相关现金头寸约为70亿美元，约为该基金清算时所管理资产规模的70%。</p>\n<p><b><a href=\"https://laohu8.com/S/GS\">高盛</a>将Lordstown Motors评级从中性下调至卖出</b></p>\n<p><a href=\"https://laohu8.com/S/GS\">高盛</a>分析师Mark Delaney将Lordstown Motors的评级由中性下调为卖出，目标价维持5美元不变，这意味着该股理论上仍有34%的下跌空间。Delaney在一份研究报告中告诉投资者，这一目标价反映了“竞争激烈但仍在增长”的电动汽车市场，以及Lordstown正面临的经营挑战，这其中包括在面临供应链和现金流限制的同时提高产量。</p>\n<p><b>不服欧盟反垄断判决，<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>希望通过上诉撤销50亿欧元罚款</b></p>\n<p><a href=\"https://laohu8.com/S/GOOG\">谷歌</a>希望通过上诉撤销欧盟对其创纪录的50亿美元罚款和反垄断指令，该指令打击了这家美国科技巨头盈利能力的核心。 在位于卢森堡的欧盟普通法院(European General Court)举行的为期五天的听证会上，谷歌希望证明欧盟委员会(European Commission)要求修改与安卓手机制造商之间涉嫌反竞争的合同是错误的。安卓系统是该地区绝大多数移动设备的操作系统。安卓案是欧盟反垄断主管Margrethe Vestager遏制谷歌日益增长的主导地位的三项判罚之一。她已经对谷歌处以总计超过82亿欧元(96亿美元)的罚款，并仍在调查该公司涉嫌控制数字广告的行为。</p>\n<p><b>已和Gores Guggenheim签署协议！吉利旗下极星将借其SPAC上市</b></p>\n<p>吉利旗下电动汽车制造公司极星(Polestar)与特殊目的收购公司Gores Guggenheim(GGPI.US)已签署合并协议，并宣布即将上市。据了解，交易完成后，合并后的公司名为Polestar Automotive Holding UK Limited，预计将在纳斯达克上市，股票代码为“PSNY”。</p>\n<p><b>盘前行情</b></p>\n<p>美股石油股盘前走高，<a href=\"https://laohu8.com/S/CPE\">卡隆石油</a>涨超4%，<a href=\"https://laohu8.com/S/OXY\">西方石油</a>涨超3%，荷兰皇家壳牌涨近3%，<a href=\"https://laohu8.com/S/BP\">英国石油</a>、<a href=\"https://laohu8.com/S/TTA.UK\">道达尔</a>涨超2%，<a href=\"https://laohu8.com/S/XOM\">埃克森美孚</a>涨超1%。</p>\n<p>美股大型科技股盘前多数下跌，<a href=\"https://laohu8.com/S/FB\">Facebook</a>跌0.96%，奈飞跌0.86%，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>跌0.82%，<a href=\"https://laohu8.com/S/MSFT\">微软</a>跌0.79%，谷歌跌0.78%，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>跌0.44%。</p>\n<p>多媒体社交应用程序和安全通信解决方案开发商Paltalk盘前涨超29%，上一交易日该股收涨36%。</p>\n<p>Lordstown Motors盘前跌超2%，高盛将其评级从中性下调至卖出。</p>\n<p>阿斯兰制药公司(ASLN.O)盘前跌超22%，此前公司报告了早期皮肤治疗研究的数据。</p>\n<p>Nikola盘前跌超2%，市场消息：Nikola与Tumim Stone Capital执行二次收购协议，根据协议，Nikola有权利，但没有义务出售至多3亿美元的普通股给Tumim。</p>\n<p><b>欧洲市场</b></p>\n<p>欧洲主要股指涨跌不一，截至发稿，德国DAX30指数涨0.37%，<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>跌0.06%、法国CAC40涨0.28%。<img src=\"https://static.tigerbbs.com/b5be2e73b2262160383f9fbc6986e2fc\" tg-width=\"813\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><b>原油</b></p>\n<p>美、布两油上涨，截止发稿，WTI原油涨1.46%，报75.06美元/桶；布伦特原油涨1.50%，报78.38美元/桶。</p>\n<p>随着全球需求从新冠大流行中复苏，令人们对供应感到担忧。OPEC+ 8月再次难以生产足够的石油来满足全球需求，这可能会增加油价的上行动力。</p>\n<p><b>黄金</b></p>\n<p>金价微跌0.2%，报1748.20美元/盎司。</p>\n<p>金价维持震荡，受到美元疲软和美国公债收益率小幅回落的支撑，投资者正为美联储多位政策制定者本周的讲话做准备，以找寻美联储加息时间的线索。不过，华尔街分析师大多数不看好本周金价走势，金价有继续回调的可能。</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>盘前：高盛“唱空”一新能源汽车股！石油股悉数走高</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; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n盘前：高盛“唱空”一新能源汽车股！石油股悉数走高\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-27 20:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>9月27日，美股三大股指期货涨跌不一，截至发稿，道指期货涨0.01%；标普500指数期货跌0.28%；纳斯达克100指数期货跌0.77%。盘前，美联储埃文斯发表讲话，他表示，美国经济“接近“在开始缩减债券规模方面取得实质性进展，并表示如果就业市场继续改善，那么tapering就可以开始了。<img src=\"https://static.tigerbbs.com/caf2a40ea051183c513aa9c376186090\" tg-width=\"828\" tg-height=\"238\" referrerpolicy=\"no-referrer\"><b>市场消息</b></p>\n<p><b><a href=\"https://laohu8.com/S/CS\">瑞士信贷</a>计划向Greensill投资者再偿还4亿美元，合计金额将达约63亿美元</b></p>\n<p>瑞信表示，计划向其与Greensill Capital相关的供应链金融基金的投资者偿还约4亿美元，这是该行今年被迫冻结资金池以来的第五笔支付此类款项。根据瑞信网站上的一份声明，最新一笔款项预计将于本周支付，这将使支付给基金投资者的总金额达到约63亿美元。该行称，与Greensill基金相关现金头寸约为70亿美元，约为该基金清算时所管理资产规模的70%。</p>\n<p><b><a href=\"https://laohu8.com/S/GS\">高盛</a>将Lordstown Motors评级从中性下调至卖出</b></p>\n<p><a href=\"https://laohu8.com/S/GS\">高盛</a>分析师Mark Delaney将Lordstown Motors的评级由中性下调为卖出，目标价维持5美元不变，这意味着该股理论上仍有34%的下跌空间。Delaney在一份研究报告中告诉投资者，这一目标价反映了“竞争激烈但仍在增长”的电动汽车市场，以及Lordstown正面临的经营挑战，这其中包括在面临供应链和现金流限制的同时提高产量。</p>\n<p><b>不服欧盟反垄断判决，<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>希望通过上诉撤销50亿欧元罚款</b></p>\n<p><a href=\"https://laohu8.com/S/GOOG\">谷歌</a>希望通过上诉撤销欧盟对其创纪录的50亿美元罚款和反垄断指令，该指令打击了这家美国科技巨头盈利能力的核心。 在位于卢森堡的欧盟普通法院(European General Court)举行的为期五天的听证会上，谷歌希望证明欧盟委员会(European Commission)要求修改与安卓手机制造商之间涉嫌反竞争的合同是错误的。安卓系统是该地区绝大多数移动设备的操作系统。安卓案是欧盟反垄断主管Margrethe Vestager遏制谷歌日益增长的主导地位的三项判罚之一。她已经对谷歌处以总计超过82亿欧元(96亿美元)的罚款，并仍在调查该公司涉嫌控制数字广告的行为。</p>\n<p><b>已和Gores Guggenheim签署协议！吉利旗下极星将借其SPAC上市</b></p>\n<p>吉利旗下电动汽车制造公司极星(Polestar)与特殊目的收购公司Gores Guggenheim(GGPI.US)已签署合并协议，并宣布即将上市。据了解，交易完成后，合并后的公司名为Polestar Automotive Holding UK Limited，预计将在纳斯达克上市，股票代码为“PSNY”。</p>\n<p><b>盘前行情</b></p>\n<p>美股石油股盘前走高，<a href=\"https://laohu8.com/S/CPE\">卡隆石油</a>涨超4%，<a href=\"https://laohu8.com/S/OXY\">西方石油</a>涨超3%，荷兰皇家壳牌涨近3%，<a href=\"https://laohu8.com/S/BP\">英国石油</a>、<a href=\"https://laohu8.com/S/TTA.UK\">道达尔</a>涨超2%，<a href=\"https://laohu8.com/S/XOM\">埃克森美孚</a>涨超1%。</p>\n<p>美股大型科技股盘前多数下跌，<a href=\"https://laohu8.com/S/FB\">Facebook</a>跌0.96%，奈飞跌0.86%，<a href=\"https://laohu8.com/S/AAPL\">苹果</a>、<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>跌0.82%，<a href=\"https://laohu8.com/S/MSFT\">微软</a>跌0.79%，谷歌跌0.78%，<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>跌0.44%。</p>\n<p>多媒体社交应用程序和安全通信解决方案开发商Paltalk盘前涨超29%，上一交易日该股收涨36%。</p>\n<p>Lordstown Motors盘前跌超2%，高盛将其评级从中性下调至卖出。</p>\n<p>阿斯兰制药公司(ASLN.O)盘前跌超22%，此前公司报告了早期皮肤治疗研究的数据。</p>\n<p>Nikola盘前跌超2%，市场消息：Nikola与Tumim Stone Capital执行二次收购协议，根据协议，Nikola有权利，但没有义务出售至多3亿美元的普通股给Tumim。</p>\n<p><b>欧洲市场</b></p>\n<p>欧洲主要股指涨跌不一，截至发稿，德国DAX30指数涨0.37%，<a href=\"https://laohu8.com/S/VUKE.UK\">英国富时100</a>跌0.06%、法国CAC40涨0.28%。<img src=\"https://static.tigerbbs.com/b5be2e73b2262160383f9fbc6986e2fc\" tg-width=\"813\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><b>原油</b></p>\n<p>美、布两油上涨，截止发稿，WTI原油涨1.46%，报75.06美元/桶；布伦特原油涨1.50%，报78.38美元/桶。</p>\n<p>随着全球需求从新冠大流行中复苏，令人们对供应感到担忧。OPEC+ 8月再次难以生产足够的石油来满足全球需求，这可能会增加油价的上行动力。</p>\n<p><b>黄金</b></p>\n<p>金价微跌0.2%，报1748.20美元/盎司。</p>\n<p>金价维持震荡，受到美元疲软和美国公债收益率小幅回落的支撑，投资者正为美联储多位政策制定者本周的讲话做准备，以找寻美联储加息时间的线索。不过，华尔街分析师大多数不看好本周金价走势，金价有继续回调的可能。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ed4ee39e6b0f45214393093d70ba81a8","relate_stocks":{"GS":"高盛",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165694220","content_text":"9月27日，美股三大股指期货涨跌不一，截至发稿，道指期货涨0.01%；标普500指数期货跌0.28%；纳斯达克100指数期货跌0.77%。盘前，美联储埃文斯发表讲话，他表示，美国经济“接近“在开始缩减债券规模方面取得实质性进展，并表示如果就业市场继续改善，那么tapering就可以开始了。市场消息\n瑞士信贷计划向Greensill投资者再偿还4亿美元，合计金额将达约63亿美元\n瑞信表示，计划向其与Greensill Capital相关的供应链金融基金的投资者偿还约4亿美元，这是该行今年被迫冻结资金池以来的第五笔支付此类款项。根据瑞信网站上的一份声明，最新一笔款项预计将于本周支付，这将使支付给基金投资者的总金额达到约63亿美元。该行称，与Greensill基金相关现金头寸约为70亿美元，约为该基金清算时所管理资产规模的70%。\n高盛将Lordstown Motors评级从中性下调至卖出\n高盛分析师Mark Delaney将Lordstown Motors的评级由中性下调为卖出，目标价维持5美元不变，这意味着该股理论上仍有34%的下跌空间。Delaney在一份研究报告中告诉投资者，这一目标价反映了“竞争激烈但仍在增长”的电动汽车市场，以及Lordstown正面临的经营挑战，这其中包括在面临供应链和现金流限制的同时提高产量。\n不服欧盟反垄断判决，谷歌希望通过上诉撤销50亿欧元罚款\n谷歌希望通过上诉撤销欧盟对其创纪录的50亿美元罚款和反垄断指令，该指令打击了这家美国科技巨头盈利能力的核心。 在位于卢森堡的欧盟普通法院(European General Court)举行的为期五天的听证会上，谷歌希望证明欧盟委员会(European Commission)要求修改与安卓手机制造商之间涉嫌反竞争的合同是错误的。安卓系统是该地区绝大多数移动设备的操作系统。安卓案是欧盟反垄断主管Margrethe Vestager遏制谷歌日益增长的主导地位的三项判罚之一。她已经对谷歌处以总计超过82亿欧元(96亿美元)的罚款，并仍在调查该公司涉嫌控制数字广告的行为。\n已和Gores Guggenheim签署协议！吉利旗下极星将借其SPAC上市\n吉利旗下电动汽车制造公司极星(Polestar)与特殊目的收购公司Gores Guggenheim(GGPI.US)已签署合并协议，并宣布即将上市。据了解，交易完成后，合并后的公司名为Polestar Automotive Holding UK Limited，预计将在纳斯达克上市，股票代码为“PSNY”。\n盘前行情\n美股石油股盘前走高，卡隆石油涨超4%，西方石油涨超3%，荷兰皇家壳牌涨近3%，英国石油、道达尔涨超2%，埃克森美孚涨超1%。\n美股大型科技股盘前多数下跌，Facebook跌0.96%，奈飞跌0.86%，苹果、亚马逊跌0.82%，微软跌0.79%，谷歌跌0.78%，特斯拉跌0.44%。\n多媒体社交应用程序和安全通信解决方案开发商Paltalk盘前涨超29%，上一交易日该股收涨36%。\nLordstown Motors盘前跌超2%，高盛将其评级从中性下调至卖出。\n阿斯兰制药公司(ASLN.O)盘前跌超22%，此前公司报告了早期皮肤治疗研究的数据。\nNikola盘前跌超2%，市场消息：Nikola与Tumim Stone Capital执行二次收购协议，根据协议，Nikola有权利，但没有义务出售至多3亿美元的普通股给Tumim。\n欧洲市场\n欧洲主要股指涨跌不一，截至发稿，德国DAX30指数涨0.37%，英国富时100跌0.06%、法国CAC40涨0.28%。原油\n美、布两油上涨，截止发稿，WTI原油涨1.46%，报75.06美元/桶；布伦特原油涨1.50%，报78.38美元/桶。\n随着全球需求从新冠大流行中复苏，令人们对供应感到担忧。OPEC+ 8月再次难以生产足够的石油来满足全球需求，这可能会增加油价的上行动力。\n黄金\n金价微跌0.2%，报1748.20美元/盎司。\n金价维持震荡，受到美元疲软和美国公债收益率小幅回落的支撑，投资者正为美联储多位政策制定者本周的讲话做准备，以找寻美联储加息时间的线索。不过，华尔街分析师大多数不看好本周金价走势，金价有继续回调的可能。","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861739832,"gmtCreate":1632536491226,"gmtModify":1632799285284,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861739832","repostId":"1195023492","repostType":4,"repost":{"id":"1195023492","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632474299,"share":"https://www.laohu8.com/m/news/1195023492?lang=&edition=full","pubTime":"2021-09-24 17:04","market":"us","language":"zh","title":"知名基金经理：我为何清仓特斯拉，错失大部分涨幅","url":"https://stock-news.laohu8.com/highlight/detail?id=1195023492","media":"老虎资讯综合","summary":"丹尼斯·林奇（Dennis Lynch）解释了为什么他卖掉了特斯拉，却拥有比特币。\n\n成功的创新让客户的生活更美好，但这并不一定会使这些公司成为好的投资。\n摩根士丹利投资管理公司Counterpoin","content":"<p>丹尼斯·林奇（Dennis Lynch）解释了为什么他卖掉了<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>，却拥有比特币。</p>\n<p><img src=\"https://static.tigerbbs.com/2ce8e1b0bf8a8b1ede55053b112d6259\" tg-width=\"700\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p>\n<p>成功的创新让客户的生活更美好，但这并不一定会使这些公司成为好的投资。</p>\n<p><a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>投资管理公司Counterpoint Global负责人丹尼斯·林奇（Dennis Lynch）周四表示：“在某些情况下，创新只会帮助我们所有人拥有更高的生活质量，但这并不意味着直接有一项投资或一家公司从这股顺风中产生。”。他的团队为摩根士丹利管理多个增长股票策略，包括摩根士丹利机构初始投资组合，截至8月底，该投资组合的平均年回报率为49.71%，而罗素2000成长指数的年回报率为12.27%。</p>\n<p>林奇是华尔街知名基金经理，在去年《华尔街日报》进行的“赢家圈”（Winners' Circle）评选当中脱颖而出，成为了全美排名第一的投资经理人。</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4198823b9c6e307e23d980543bfb87e2\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>丹尼斯·林奇</span></p>\n<p>电动汽车就是这样一个行业，这也是林奇几年前卖掉他在特斯拉所有股份的原因。</p>\n<p>林奇说，大约六年前，当第一份消费者报告对这款汽车的评论发表时，他持有这家电动汽车制造商的股票，处于“小而投机的状态”。他说，当时，该公司开始有了“真正的收入来源”。</p>\n<p>该团队在大约三年后出售了这些股票，错过了特斯拉股价的大部分上涨。</p>\n<p>林奇在解释他的决定时说，销售汽车是一项艰难的生意，而电动汽车对普通消费者来说意味着价格昂贵。</p>\n<p>这也归结为他用来评估颠覆性公司的一个指标：关注单位经济性。</p>\n<p>特斯拉资本密集度高，需要不断从资本市场获得资金。他说：“这不一定是坏事，但它确实让你在不确定的时候处于一种潜在的境地，即依靠陌生人的善意来延续这种商业模式。”</p>\n<p>林奇承认，创始人埃隆·马斯克（Elon Musk）做了“非常了不起的事情”，但他把关注点放在了公司能否盈利的问题上。</p>\n<p>他说：“当你依赖资本市场，梦想远大时，鼓舞人心和做出可能无法兑现的承诺之间只有一线之隔。”</p>\n<p>他说：“从我们清仓以来特斯拉的（股价）表现异常出色的意义上说，我们错了。但我认为这是一个很难选出最终赢家的领域，尤其是在当前的价格下。”</p>\n<p>林奇与价值基金管理公司Oakmark Funds的知名投资组合经理兼美国股票首席投资官比尔·尼格伦（Bill Nygren）在一个关于颠覆性公司的小组讨论会上发表了讲话。尼格伦对颠覆性公司也有自己的看法，他指出，投资者往往忽视了该领域中可能正在自我创新的大公司。</p>\n<p>他说，一个例子是Allison Transmission，该公司为重型越野卡车制造变速器，包括完全集成的电动轴。Oakmark Select基金拥有这家总部位于印第安纳波利斯的公司的股份。</p>\n<p>截至8月底，Oakmark Select指数在三年内的年化收益率为13.14%，落后于标准普尔500指数，但自1996年11月成立以来，该指数以12.46%的年化收益率超越该指数。</p>\n<p>尼格伦说，转向电动汽车将极大地改变这一业务，市场对Allison电动汽车业务的估值与对其他纯电动汽车公司的估值类似。</p>\n<p>另一方面，林奇表示，他并不反对在一家未经证实的公司上冒险。他的团队愿意在公司以小博大，而不是做持有或不持有的二元选择。</p>\n<p>至于加密货币，林奇在比特币和Square上的仓位较小。比特币作为一种趋势具有持续性，这是他看待创新时使用的指标之一。关于加密货币随价格涨跌的讨论，一些批评者表示，加密货币不会每次下跌都持续，只会反弹。“我想说比特币有点像南方公园的肯尼，你知道，这家伙每集都死了，然后他又回来了，”他说。</p>\n<p>他将比特币称为“抗脆弱”，这是一种从无序中获得的东西，他也喜欢把这种无序作为一种潜在的多样化工具。林奇说，一个主要风险是政府可能会禁止这些替代货币，但总体而言，一个小的投机头寸是值得的。</p>\n<p>他说：“比特币以一种较小的方式存在于投资组合中，当我们的投资组合中的其他部分出现问题时，它可能是一种可以走对的东西……十年后，考虑到比特币的持续性，值得进行一次小小的押注。”</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>知名基金经理：我为何清仓特斯拉，错失大部分涨幅</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n知名基金经理：我为何清仓特斯拉，错失大部分涨幅\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-24 17:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>丹尼斯·林奇（Dennis Lynch）解释了为什么他卖掉了<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>，却拥有比特币。</p>\n<p><img src=\"https://static.tigerbbs.com/2ce8e1b0bf8a8b1ede55053b112d6259\" tg-width=\"700\" tg-height=\"456\" referrerpolicy=\"no-referrer\"></p>\n<p>成功的创新让客户的生活更美好，但这并不一定会使这些公司成为好的投资。</p>\n<p><a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>投资管理公司Counterpoint Global负责人丹尼斯·林奇（Dennis Lynch）周四表示：“在某些情况下，创新只会帮助我们所有人拥有更高的生活质量，但这并不意味着直接有一项投资或一家公司从这股顺风中产生。”。他的团队为摩根士丹利管理多个增长股票策略，包括摩根士丹利机构初始投资组合，截至8月底，该投资组合的平均年回报率为49.71%，而罗素2000成长指数的年回报率为12.27%。</p>\n<p>林奇是华尔街知名基金经理，在去年《华尔街日报》进行的“赢家圈”（Winners' Circle）评选当中脱颖而出，成为了全美排名第一的投资经理人。</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4198823b9c6e307e23d980543bfb87e2\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>丹尼斯·林奇</span></p>\n<p>电动汽车就是这样一个行业，这也是林奇几年前卖掉他在特斯拉所有股份的原因。</p>\n<p>林奇说，大约六年前，当第一份消费者报告对这款汽车的评论发表时，他持有这家电动汽车制造商的股票，处于“小而投机的状态”。他说，当时，该公司开始有了“真正的收入来源”。</p>\n<p>该团队在大约三年后出售了这些股票，错过了特斯拉股价的大部分上涨。</p>\n<p>林奇在解释他的决定时说，销售汽车是一项艰难的生意，而电动汽车对普通消费者来说意味着价格昂贵。</p>\n<p>这也归结为他用来评估颠覆性公司的一个指标：关注单位经济性。</p>\n<p>特斯拉资本密集度高，需要不断从资本市场获得资金。他说：“这不一定是坏事，但它确实让你在不确定的时候处于一种潜在的境地，即依靠陌生人的善意来延续这种商业模式。”</p>\n<p>林奇承认，创始人埃隆·马斯克（Elon Musk）做了“非常了不起的事情”，但他把关注点放在了公司能否盈利的问题上。</p>\n<p>他说：“当你依赖资本市场，梦想远大时，鼓舞人心和做出可能无法兑现的承诺之间只有一线之隔。”</p>\n<p>他说：“从我们清仓以来特斯拉的（股价）表现异常出色的意义上说，我们错了。但我认为这是一个很难选出最终赢家的领域，尤其是在当前的价格下。”</p>\n<p>林奇与价值基金管理公司Oakmark Funds的知名投资组合经理兼美国股票首席投资官比尔·尼格伦（Bill Nygren）在一个关于颠覆性公司的小组讨论会上发表了讲话。尼格伦对颠覆性公司也有自己的看法，他指出，投资者往往忽视了该领域中可能正在自我创新的大公司。</p>\n<p>他说，一个例子是Allison Transmission，该公司为重型越野卡车制造变速器，包括完全集成的电动轴。Oakmark Select基金拥有这家总部位于印第安纳波利斯的公司的股份。</p>\n<p>截至8月底，Oakmark Select指数在三年内的年化收益率为13.14%，落后于标准普尔500指数，但自1996年11月成立以来，该指数以12.46%的年化收益率超越该指数。</p>\n<p>尼格伦说，转向电动汽车将极大地改变这一业务，市场对Allison电动汽车业务的估值与对其他纯电动汽车公司的估值类似。</p>\n<p>另一方面，林奇表示，他并不反对在一家未经证实的公司上冒险。他的团队愿意在公司以小博大，而不是做持有或不持有的二元选择。</p>\n<p>至于加密货币，林奇在比特币和Square上的仓位较小。比特币作为一种趋势具有持续性，这是他看待创新时使用的指标之一。关于加密货币随价格涨跌的讨论，一些批评者表示，加密货币不会每次下跌都持续，只会反弹。“我想说比特币有点像南方公园的肯尼，你知道，这家伙每集都死了，然后他又回来了，”他说。</p>\n<p>他将比特币称为“抗脆弱”，这是一种从无序中获得的东西，他也喜欢把这种无序作为一种潜在的多样化工具。林奇说，一个主要风险是政府可能会禁止这些替代货币，但总体而言，一个小的投机头寸是值得的。</p>\n<p>他说：“比特币以一种较小的方式存在于投资组合中，当我们的投资组合中的其他部分出现问题时，它可能是一种可以走对的东西……十年后，考虑到比特币的持续性，值得进行一次小小的押注。”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4198823b9c6e307e23d980543bfb87e2","relate_stocks":{"TSLA":"特斯拉"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195023492","content_text":"丹尼斯·林奇（Dennis Lynch）解释了为什么他卖掉了特斯拉，却拥有比特币。\n\n成功的创新让客户的生活更美好，但这并不一定会使这些公司成为好的投资。\n摩根士丹利投资管理公司Counterpoint Global负责人丹尼斯·林奇（Dennis Lynch）周四表示：“在某些情况下，创新只会帮助我们所有人拥有更高的生活质量，但这并不意味着直接有一项投资或一家公司从这股顺风中产生。”。他的团队为摩根士丹利管理多个增长股票策略，包括摩根士丹利机构初始投资组合，截至8月底，该投资组合的平均年回报率为49.71%，而罗素2000成长指数的年回报率为12.27%。\n林奇是华尔街知名基金经理，在去年《华尔街日报》进行的“赢家圈”（Winners' Circle）评选当中脱颖而出，成为了全美排名第一的投资经理人。\n丹尼斯·林奇\n电动汽车就是这样一个行业，这也是林奇几年前卖掉他在特斯拉所有股份的原因。\n林奇说，大约六年前，当第一份消费者报告对这款汽车的评论发表时，他持有这家电动汽车制造商的股票，处于“小而投机的状态”。他说，当时，该公司开始有了“真正的收入来源”。\n该团队在大约三年后出售了这些股票，错过了特斯拉股价的大部分上涨。\n林奇在解释他的决定时说，销售汽车是一项艰难的生意，而电动汽车对普通消费者来说意味着价格昂贵。\n这也归结为他用来评估颠覆性公司的一个指标：关注单位经济性。\n特斯拉资本密集度高，需要不断从资本市场获得资金。他说：“这不一定是坏事，但它确实让你在不确定的时候处于一种潜在的境地，即依靠陌生人的善意来延续这种商业模式。”\n林奇承认，创始人埃隆·马斯克（Elon Musk）做了“非常了不起的事情”，但他把关注点放在了公司能否盈利的问题上。\n他说：“当你依赖资本市场，梦想远大时，鼓舞人心和做出可能无法兑现的承诺之间只有一线之隔。”\n他说：“从我们清仓以来特斯拉的（股价）表现异常出色的意义上说，我们错了。但我认为这是一个很难选出最终赢家的领域，尤其是在当前的价格下。”\n林奇与价值基金管理公司Oakmark Funds的知名投资组合经理兼美国股票首席投资官比尔·尼格伦（Bill Nygren）在一个关于颠覆性公司的小组讨论会上发表了讲话。尼格伦对颠覆性公司也有自己的看法，他指出，投资者往往忽视了该领域中可能正在自我创新的大公司。\n他说，一个例子是Allison Transmission，该公司为重型越野卡车制造变速器，包括完全集成的电动轴。Oakmark Select基金拥有这家总部位于印第安纳波利斯的公司的股份。\n截至8月底，Oakmark Select指数在三年内的年化收益率为13.14%，落后于标准普尔500指数，但自1996年11月成立以来，该指数以12.46%的年化收益率超越该指数。\n尼格伦说，转向电动汽车将极大地改变这一业务，市场对Allison电动汽车业务的估值与对其他纯电动汽车公司的估值类似。\n另一方面，林奇表示，他并不反对在一家未经证实的公司上冒险。他的团队愿意在公司以小博大，而不是做持有或不持有的二元选择。\n至于加密货币，林奇在比特币和Square上的仓位较小。比特币作为一种趋势具有持续性，这是他看待创新时使用的指标之一。关于加密货币随价格涨跌的讨论，一些批评者表示，加密货币不会每次下跌都持续，只会反弹。“我想说比特币有点像南方公园的肯尼，你知道，这家伙每集都死了，然后他又回来了，”他说。\n他将比特币称为“抗脆弱”，这是一种从无序中获得的东西，他也喜欢把这种无序作为一种潜在的多样化工具。林奇说，一个主要风险是政府可能会禁止这些替代货币，但总体而言，一个小的投机头寸是值得的。\n他说：“比特币以一种较小的方式存在于投资组合中，当我们的投资组合中的其他部分出现问题时，它可能是一种可以走对的东西……十年后，考虑到比特币的持续性，值得进行一次小小的押注。”","news_type":1},"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861147702,"gmtCreate":1632475603806,"gmtModify":1632720256959,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861147702","repostId":"1174773084","repostType":4,"repost":{"id":"1174773084","kind":"news","pubTimestamp":1632474313,"share":"https://www.laohu8.com/m/news/1174773084?lang=&edition=full","pubTime":"2021-09-24 17:05","market":"sh","language":"zh","title":"央行发布通知，进一步防范和处置虚拟货币炒作风险","url":"https://stock-news.laohu8.com/highlight/detail?id=1174773084","media":"中国人民银行","summary":"比特币等虚拟货币交易炒作活动盛行，扰乱经济金融秩序。","content":"<p>近日，人民银行等十部门发布《关于进一步防范和处置虚拟货币交易炒作风险的通知》（以下简称《通知》）。人民银行有关负责人就相关问题回答了记者提问。</p>\n<p><b>1.《通知》的出台背景是什么？</b></p>\n<p>近年来，比特币等虚拟货币交易炒作活动盛行，扰乱经济金融秩序，滋生洗钱、非法集资、诈骗、传销等违法犯罪活动，严重危害人民群众财产安全。按照党中央、国务院决策部署，人民银行会同有关部门出台一系列政策措施，明确虚拟货币不具有法定货币地位，禁止金融机构开展和参与虚拟货币相关业务，清理取缔境内虚拟货币交易和代币发行融资平台，持续开展风险提示和金融消费者教育，取得积极成效。为建立常态化工作机制，始终保持对虚拟货币交易炒作活动的高压打击态势，人民银行等部门结合新的风险形势，在总结前期工作经验的基础上，起草了《通知》。</p>\n<p><b>2.《通知》对虚拟货币和相关业务活动如何定性？</b></p>\n<p>我国对虚拟货币的监管政策是明确的、一贯的。《通知》再次强调具有非货币当局发行、使用加密技术、分布式账户或类似技术、以数字化形式存在等特点的虚拟货币，如比特币、以太币等，包括泰达币等所谓稳定币，均不具有与法定货币等同的法律地位，不能作为货币在市场上流通。《通知》明确指出，虚拟货币兑换、作为中央对手方买卖虚拟货币、为虚拟货币交易提供撮合服务、代币发行融资以及虚拟货币衍生品交易等虚拟货币相关业务全部属于非法金融活动，一律严格禁止，坚决依法取缔；境外虚拟货币交易所通过互联网向我国境内居民提供服务同样属于非法金融活动。</p>\n<p><b>3.《通知》提出哪些工作措施？</b></p>\n<p>一是建立部门协同、央地联动的常态化工作机制。中央层面，人民银行、中央网信办、公安部等十部门建立协调机制，整体统筹和推动工作落实；地方层面，各省级人民政府落实属地风险处置责任，依法取缔打击本辖区虚拟货币相关非法金融活动。</p>\n<p>二是加强对虚拟货币交易炒作风险的监测预警。人民银行、中央网信办完善虚拟货币监测技术平台功能，提高识别发现虚拟货币交易炒作活动的精度和效率。金融机构和非银行支付机构加强对涉虚拟货币交易资金的监测工作。各部门、各地区加强线上监控、线下摸排、资金监测的有效衔接，建立信息共享和交叉验证机制。</p>\n<p>三是构建多维度、多层次的虚拟货币交易炒作风险防范和处置体系。金融管理部门、网信部门、电信主管部门、公安部门、市场监管部门密切协作，从切断支付渠道、依法处置相关网站和移动应用程序、加强相关市场主体登记和广告管理、依法打击相关非法金融活动等违法犯罪行为等方面综合施策，有关行业协会加强会员管理和政策宣传，全方位防范和处置虚拟货币交易炒作风险。</p>\n<p><b>4.后续有什么工作安排？</b></p>\n<p>打击虚拟货币交易炒作是党中央、国务院作出的重要决策部署，是贯彻以人民为中心的发展理念、落实国家总体安全观的必然要求。各部门、各地区将认真贯彻落实《通知》提出的各项举措，构建中央统筹、属地实施、条块结合、共同负责的长效工作机制，始终保持高压态势，动态监测、及时处置相关风险，坚决遏制虚拟货币交易炒作风气，严厉打击虚拟货币相关非法金融活动和违法犯罪活动，依法保护人民群众财产安全，全力维护经济金融秩序和社会稳定。</p>","source":"111133","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>央行发布通知，进一步防范和处置虚拟货币炒作风险</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; 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n央行发布通知，进一步防范和处置虚拟货币炒作风险\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-24 17:05 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348556/index.html><strong>中国人民银行</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近日，人民银行等十部门发布《关于进一步防范和处置虚拟货币交易炒作风险的通知》（以下简称《通知》）。人民银行有关负责人就相关问题回答了记者提问。\n1.《通知》的出台背景是什么？\n近年来，比特币等虚拟货币交易炒作活动盛行，扰乱经济金融秩序，滋生洗钱、非法集资、诈骗、传销等违法犯罪活动，严重危害人民群众财产安全。按照党中央、国务院决策部署，人民银行会同有关部门出台一系列政策措施，明确虚拟货币不具有法定...</p>\n\n<a href=\"http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348556/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c34c809115b2b1d82a068ba5bc69d6e0","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348556/index.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174773084","content_text":"近日，人民银行等十部门发布《关于进一步防范和处置虚拟货币交易炒作风险的通知》（以下简称《通知》）。人民银行有关负责人就相关问题回答了记者提问。\n1.《通知》的出台背景是什么？\n近年来，比特币等虚拟货币交易炒作活动盛行，扰乱经济金融秩序，滋生洗钱、非法集资、诈骗、传销等违法犯罪活动，严重危害人民群众财产安全。按照党中央、国务院决策部署，人民银行会同有关部门出台一系列政策措施，明确虚拟货币不具有法定货币地位，禁止金融机构开展和参与虚拟货币相关业务，清理取缔境内虚拟货币交易和代币发行融资平台，持续开展风险提示和金融消费者教育，取得积极成效。为建立常态化工作机制，始终保持对虚拟货币交易炒作活动的高压打击态势，人民银行等部门结合新的风险形势，在总结前期工作经验的基础上，起草了《通知》。\n2.《通知》对虚拟货币和相关业务活动如何定性？\n我国对虚拟货币的监管政策是明确的、一贯的。《通知》再次强调具有非货币当局发行、使用加密技术、分布式账户或类似技术、以数字化形式存在等特点的虚拟货币，如比特币、以太币等，包括泰达币等所谓稳定币，均不具有与法定货币等同的法律地位，不能作为货币在市场上流通。《通知》明确指出，虚拟货币兑换、作为中央对手方买卖虚拟货币、为虚拟货币交易提供撮合服务、代币发行融资以及虚拟货币衍生品交易等虚拟货币相关业务全部属于非法金融活动，一律严格禁止，坚决依法取缔；境外虚拟货币交易所通过互联网向我国境内居民提供服务同样属于非法金融活动。\n3.《通知》提出哪些工作措施？\n一是建立部门协同、央地联动的常态化工作机制。中央层面，人民银行、中央网信办、公安部等十部门建立协调机制，整体统筹和推动工作落实；地方层面，各省级人民政府落实属地风险处置责任，依法取缔打击本辖区虚拟货币相关非法金融活动。\n二是加强对虚拟货币交易炒作风险的监测预警。人民银行、中央网信办完善虚拟货币监测技术平台功能，提高识别发现虚拟货币交易炒作活动的精度和效率。金融机构和非银行支付机构加强对涉虚拟货币交易资金的监测工作。各部门、各地区加强线上监控、线下摸排、资金监测的有效衔接，建立信息共享和交叉验证机制。\n三是构建多维度、多层次的虚拟货币交易炒作风险防范和处置体系。金融管理部门、网信部门、电信主管部门、公安部门、市场监管部门密切协作，从切断支付渠道、依法处置相关网站和移动应用程序、加强相关市场主体登记和广告管理、依法打击相关非法金融活动等违法犯罪行为等方面综合施策，有关行业协会加强会员管理和政策宣传，全方位防范和处置虚拟货币交易炒作风险。\n4.后续有什么工作安排？\n打击虚拟货币交易炒作是党中央、国务院作出的重要决策部署，是贯彻以人民为中心的发展理念、落实国家总体安全观的必然要求。各部门、各地区将认真贯彻落实《通知》提出的各项举措，构建中央统筹、属地实施、条块结合、共同负责的长效工作机制，始终保持高压态势，动态监测、及时处置相关风险，坚决遏制虚拟货币交易炒作风气，严厉打击虚拟货币相关非法金融活动和违法犯罪活动，依法保护人民群众财产安全，全力维护经济金融秩序和社会稳定。","news_type":1},"isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861196960,"gmtCreate":1632467643350,"gmtModify":1632721253457,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[暗中观察]&nbsp;","listText":"[暗中观察]&nbsp;","text":"[暗中观察]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861196960","repostId":"1126885531","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":356037615,"gmtCreate":1616740182137,"gmtModify":1634524267577,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/YQ\">$17 Education &amp; Technology Group Inc.(YQ)$</a>今晚会再被教育吗？","listText":"<a href=\"https://laohu8.com/S/YQ\">$17 Education &amp; Technology Group Inc.(YQ)$</a>今晚会再被教育吗？","text":"$17 Education & Technology Group Inc.(YQ)$今晚会再被教育吗？","images":[{"img":"https://static.tigerbbs.com/129ab085015ece522215d78a1be804c2","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/356037615","isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3507877532425449","authorId":"3507877532425449","name":"想不出来取啥名","avatar":"https://static.tigerbbs.com/35c5b4c85dec5245b942dc184951d772","crmLevel":3,"crmLevelSwitch":1,"idStr":"3507877532425449","authorIdStr":"3507877532425449"},"content":"同学好[呆住]","text":"同学好[呆住]","html":"同学好[呆住]"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":888953402,"gmtCreate":1631425496706,"gmtModify":1631886553689,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/888953402","repostId":"1189654544","repostType":4,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://www.laohu8.com/m/news/1189654544?lang=&edition=full","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p>\n<p>Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p>\n<p>Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p>\n<p>After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p>\n<p>Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p>\n<p>Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p>\n<p>Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p>\n<p>Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p>\n<p>Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p>\n<p>Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p>\n<p>Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p>\n<p><img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SRAD":"Sportradar Group AG",".SPX":"S&P 500 Index","DICE":"DICE Therapeutics, Inc.","TYRA":"Tyra Biosciences, Inc.","ONON":"On Holding AG","EZFL":"EzFill Holdings Inc","PRCT":"PROCEPT BioRobotics","DH":"Definitive Healthcare Corp.","TWKS":"Thoughtworks Holding Inc.",".DJI":"道琼斯","BROS":"Dutch Bros Inc.","FORG":"ForgeRock, Inc.",".IXIC":"NASDAQ Composite"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898396540,"gmtCreate":1628472404780,"gmtModify":1633746958461,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Spurting]&nbsp;[Spurting]&nbsp;","listText":"[Spurting]&nbsp;[Spurting]&nbsp;","text":"[Spurting] [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/898396540","repostId":"1136322726","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108121368,"gmtCreate":1620005969554,"gmtModify":1634208604541,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/108121368","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","kind":"news","pubTimestamp":1619999342,"share":"https://www.laohu8.com/m/news/1135819410?lang=&edition=full","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&amp;P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday:&nbsp;Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p>On Wednesday,&nbsp;Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings.&nbsp;Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on&nbsp;Friday.</p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p>On the economic calendar this week, the&nbsp;main event will jobs Friday.&nbsp;The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its&nbsp;Services equivalent on Wednesday.</p><p>Enterprise Products Partners&nbsp;and Estée Lauder release earnings.</p><p>Merck and&nbsp;Public Storage&nbsp;hold virtual investor days.</p><p><b>The Census Bureau</b>&nbsp;reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><b>Tuesday 5/4</b></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p>Eli Lilly&nbsp;holds a conference call to discuss its sustainability initiatives.</p><p>Union Pacific&nbsp;holds its 2021 virtual investor day.</p><p><b>Wednesday 5/5</b></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><b>ADP releases</b>&nbsp;its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><b>ISM releases</b>&nbsp;its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><b>Thursday 5/6</b></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and&nbsp;Zoetishold conference calls to discuss quarterly results.</p><p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><b>Friday 5/7</b></p><p><b>The Bureau of Labor</b>&nbsp;Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p>Cigna and&nbsp;<b>Liberty Media</b>&nbsp;report earnings.</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>Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: ...</p>\n\n<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TMUS":"T-Mobile US Inc","PFE":"辉瑞","GM":"通用汽车",".IXIC":"NASDAQ Composite","PYPL":"PayPal","UBER":"优步",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839538086,"gmtCreate":1629165309345,"gmtModify":1631892366134,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839538086","repostId":"1140894285","repostType":4,"repost":{"id":"1140894285","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":1629155562,"share":"https://www.laohu8.com/m/news/1140894285?lang=&edition=full","pubTime":"2021-08-17 07:12","market":"us","language":"en","title":"Roblox bookings miss Wall St target as easing curbs hurt online games","url":"https://stock-news.laohu8.com/highlight/detail?id=1140894285","media":"Tiger Newspress","summary":"Roblox Corp's quarterly bookings missed market expectations on Monday, as easing restrictions slowed","content":"<p>Roblox Corp's&nbsp;quarterly bookings missed market expectations on Monday, as easing restrictions slowed the pandemic-fueled surge in spending for its games including \"Jailbreak\" and \"MeepCity\", sending its shares down 4.7%.</p>\n<p><img src=\"https://static.tigerbbs.com/01c434b068c08a4e8cb96171d78e7d8f\" tg-width=\"897\" tg-height=\"640\" width=\"100%\" height=\"auto\"></p>\n<p>The company, one of the world's most popular gaming sites for children, is a pandemic winner that had benefited from stay-at-home orders.</p>\n<p>But with school reopening following the rollout of vaccines in the United States, online games lagged as kids are now encouraged to return to outdoor activities.</p>\n<p>The company's bookings rose just 35% to $665.5 million for the second quarter ended June 30 compared to a 161% surge in bookings during the previous quarter. Analysts had expected $683.3 million.</p>\n<p>Roblox generates most of its booking from the purchases of virtual currency \"Robux\" by kids, who then use it to upgrade player's avatars by buying in-game items like a hat, pet or accessories.</p>\n<p>The company, which offers a host of titles across mobile devices and games consoles, said average bookings per daily active user increased slightly from the year-ago period.</p>\n<p>The metric is the average amount that users pay per day to play the games and it had in the last quarter surged 46% from a year earlier.</p>\n<p>In July, it fell 5% to 7% year-over-year, a clear sign of how people are spending less time on its platform.</p>\n<p>The company, which listed on the NYSE in March, is reporting its second quarterly earnings and is yet to turn a profit.</p>\n<p>\"Roblox is suffering from the demands of very aggressive market expectations, combined with the prospect of continued unprofitability going forward,\" said John Patrick Lee, ETF product manager at VanEck.</p>\n<p>Its net loss attributable to common stockholders widened to $140.13 million, or 25 cents per share, compared to $71.5 million, or 40 cents per share, a year earlier.</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>Roblox bookings miss Wall St target as easing curbs hurt online games</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox bookings miss Wall St target as easing curbs hurt online games\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 07:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Roblox Corp's&nbsp;quarterly bookings missed market expectations on Monday, as easing restrictions slowed the pandemic-fueled surge in spending for its games including \"Jailbreak\" and \"MeepCity\", sending its shares down 4.7%.</p>\n<p><img src=\"https://static.tigerbbs.com/01c434b068c08a4e8cb96171d78e7d8f\" tg-width=\"897\" tg-height=\"640\" width=\"100%\" height=\"auto\"></p>\n<p>The company, one of the world's most popular gaming sites for children, is a pandemic winner that had benefited from stay-at-home orders.</p>\n<p>But with school reopening following the rollout of vaccines in the United States, online games lagged as kids are now encouraged to return to outdoor activities.</p>\n<p>The company's bookings rose just 35% to $665.5 million for the second quarter ended June 30 compared to a 161% surge in bookings during the previous quarter. Analysts had expected $683.3 million.</p>\n<p>Roblox generates most of its booking from the purchases of virtual currency \"Robux\" by kids, who then use it to upgrade player's avatars by buying in-game items like a hat, pet or accessories.</p>\n<p>The company, which offers a host of titles across mobile devices and games consoles, said average bookings per daily active user increased slightly from the year-ago period.</p>\n<p>The metric is the average amount that users pay per day to play the games and it had in the last quarter surged 46% from a year earlier.</p>\n<p>In July, it fell 5% to 7% year-over-year, a clear sign of how people are spending less time on its platform.</p>\n<p>The company, which listed on the NYSE in March, is reporting its second quarterly earnings and is yet to turn a profit.</p>\n<p>\"Roblox is suffering from the demands of very aggressive market expectations, combined with the prospect of continued unprofitability going forward,\" said John Patrick Lee, ETF product manager at VanEck.</p>\n<p>Its net loss attributable to common stockholders widened to $140.13 million, or 25 cents per share, compared to $71.5 million, or 40 cents per share, a year earlier.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140894285","content_text":"Roblox Corp's quarterly bookings missed market expectations on Monday, as easing restrictions slowed the pandemic-fueled surge in spending for its games including \"Jailbreak\" and \"MeepCity\", sending its shares down 4.7%.\n\nThe company, one of the world's most popular gaming sites for children, is a pandemic winner that had benefited from stay-at-home orders.\nBut with school reopening following the rollout of vaccines in the United States, online games lagged as kids are now encouraged to return to outdoor activities.\nThe company's bookings rose just 35% to $665.5 million for the second quarter ended June 30 compared to a 161% surge in bookings during the previous quarter. Analysts had expected $683.3 million.\nRoblox generates most of its booking from the purchases of virtual currency \"Robux\" by kids, who then use it to upgrade player's avatars by buying in-game items like a hat, pet or accessories.\nThe company, which offers a host of titles across mobile devices and games consoles, said average bookings per daily active user increased slightly from the year-ago period.\nThe metric is the average amount that users pay per day to play the games and it had in the last quarter surged 46% from a year earlier.\nIn July, it fell 5% to 7% year-over-year, a clear sign of how people are spending less time on its platform.\nThe company, which listed on the NYSE in March, is reporting its second quarterly earnings and is yet to turn a profit.\n\"Roblox is suffering from the demands of very aggressive market expectations, combined with the prospect of continued unprofitability going forward,\" said John Patrick Lee, ETF product manager at VanEck.\nIts net loss attributable to common stockholders widened to $140.13 million, or 25 cents per share, compared to $71.5 million, or 40 cents per share, a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":852910865,"gmtCreate":1635233687883,"gmtModify":1635233712056,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"☺️☺️","listText":"☺️☺️","text":"☺️☺️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852910865","repostId":"2177412181","repostType":4,"repost":{"id":"2177412181","kind":"highlight","pubTimestamp":1635219132,"share":"https://www.laohu8.com/m/news/2177412181?lang=&edition=full","pubTime":"2021-10-26 11:32","market":"us","language":"en","title":"AMD earnings look to again succeed where Intel disappointed","url":"https://stock-news.laohu8.com/highlight/detail?id=2177412181","media":"MarketWatch","summary":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analy","content":"<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30ec3c9220844c561016f0de86f86f52\" tg-width=\"699\" tg-height=\"394\" referrerpolicy=\"no-referrer\"><span>Advanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.</span></p>\n<p>Advanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.</p>\n<p>AMD&nbsp;is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel&nbsp;reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.</p>\n<p>That led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.</p>\n<p>Bernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.</p>\n<p>\"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.</p>\n<p>That underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.</p>\n<p>While AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.</p>\n<p>One other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.</p>\n<p><b>What to expect</b></p>\n<p><b>Earnings: </b>Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.</p>\n<p><b>Revenue:</b> Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.</p>\n<p><b>Stock movement:</b> While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.</p>\n<p>AMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&amp;P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.</p>\n<p><b>What analysts are saying</b></p>\n<p>Cowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"</p>\n<p>\"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"</p>\n<p>Earlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.</p>\n<p>On data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.</p>\n<p>\"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"</p>\n<p>Susquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"</p>\n<p>Still, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.</p>\n<p>Of the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD earnings look to again succeed where Intel disappointed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD earnings look to again succeed where Intel disappointed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-26 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink\nAdvanced Micro Devices Inc...</p>\n\n<a href=\"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.marketwatch.com/story/amd-earnings-look-to-again-succeed-where-intel-disappointed-11634942264?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177412181","content_text":"AMD earnings preview: After showing data-center gains as Intel declined two quarters in a row, analysts now point to AMD's growing margins as Intel's are projected to shrink\nAdvanced Micro Devices Inc.’s growing series of Epyc server chips has been the talk of Wall Street in recent quarters, but that may switch to gross margins in this quarter’s earnings report.\nAdvanced Micro Devices Inc. is set to follow yet another rough earnings report from Intel Corp., and once again could show gains in an area that caused pain for its larger rival.\nAMD is scheduled to report third-quarter earnings on Tuesday after the close of markets, after Intel reported an earnings beat Thursday that hardly mattered as revenue came in light. More important to analysts was Intel's forecast for declining margins over the next few years as its chief executive doubles down on new manufacturing capacity to try to retake its former glory as the undisputed chip leader.\nThat led to downgrades on Friday and Intel's worst one-day performance since the chip leader said it was going to delay its next generation of chips, an announcement that had fired up even more investor support for AMD back then.\nBernstein analyst Stacy Rasgon, who has a market perform rating on AMD and a $110 price target, said AMD will continue to benefit from Intel's transition, and called attention to an AMD metric that was one of enormous concern during Intel's call: Gross margins.\n\"We believe Street gross margin estimates appear unaggressive going forward (which is not something we have typically said for AMD), and the company is now (for the first time ever) starting to return cash,\" Rasgon said.\nThat underscores another show of how Intel and AMD are transitioning with respect to one another: Analysts on the Intel call were very concerned that Intel's margins were falling despite company assurances they would stay just above 50% for the next few years. Meanwhile, AMD gross margins have been rising, and are likely to break above 50%, if not in this earnings report, then sometime soon. Three months ago, AMD reported gross margins of 48%, up from 44% in the previous year.\nWhile AMD is referred to as Intel's \"smaller rival,\" that gap has been steadily closing for a while now. At Friday's close, AMD had a market cap of $145.34 billion, or nearly 73% of Intel's $200.66 billion. Just this past summer, AMD's $111.5 billion valuation was a little more than half Intel's $219.5 billion cap.\nOne other are to look at will be data-center sales, as finally swung to a gain in that important segment in the quarter. Over the past two quarters, Intel has posted significant year-over-year declines in the increasingly important category, while AMD has more than doubled its sales. That raises the question whether Intel clawed back some market share, or whether data-center sales were just generally better all around, which AMD's report could answer.\nWhat to expect\nEarnings: Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 66 cents a share, up from 41 cents a share reported in the year-ago period. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 72 cents a share.\nRevenue: Of the 32 analysts polled by FactSet, AMD, on average, is expected to post revenue of $4.11 billion, up from the $2.8 billion reported in the year-ago quarter. AMD had forecast $4 billion to $4.2 billion. Estimize expects revenue of $4.22 billion.\nStock movement: While AMD earnings and sales have both topped Wall Street estimates over the past five quarterly reports, but shares only gained the next day twice, about three months ago and when the stock popped nearly 13% five quarters ago.\nAMD shares rose 9.6% in the third quarter. In contrast, the PHLX Semiconductor Index declined 2.6%, the S&P 500 index rose 0.2%, and the tech-heavy Nasdaq Composite Index declined 0.4%. On Friday, the day after Intel's report, AMD shares closed at a record high of $119.82.\nWhat analysts are saying\nCowen analyst Matthew Ramsay, who has an outperform rating and a $120 price target on AMD, said he's \"lookin' for more of the same.\"\n\"We continue to monitor the PC market for signs of demand slowing or supply improving,\" Ramsay said. \"Near-term, we see resilient demand outside Chromebooks, but prefer a prudent/agnostic view on 2022 like AMD took on its last call.\"\nEarlier in the month, research firms released data showing that pandemic-fueled growth in PC shipments had slowed considerably as the world not only wrestles with a chip shortage but overall supply-chain issues.\nOn data-center sales, Ramsay is even more optimistic estimating that segment will account for more than 25% of sales compared with less than 20% a year ago.\n\"We believe datacenter passing a quarter of AMD's business could draw investor attention,\" Ramsay said. \"We remind investors that the most important business for AMD remains datacenter, which we estimate doubled in 2020, with CEO Lisa Su noting she sees the business momentum accelerating in 2021.\"\nSusquehanna Financial analyst Christopher Rolland, who has a positive rating and a $130 price target on AMD, said he expects another solid quarter driven by enterprise and server sales, but that \"given the slowing PC market, we do not expect mgmt to raise their FY top-line guidance as they have done in numerous updates over the last year.\"\nStill, Rolland expects AMD to report share gains from Intel in both desktop and laptop PCs as well as enterprise and gaming PCs.\nOf the 39 analysts who cover AMD, 23 have buy or overweight ratings, and 16 have hold ratings, with an average price target of $117.55.","news_type":1},"isVote":1,"tweetType":1,"viewCount":991,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":802709163,"gmtCreate":1627801354052,"gmtModify":1633756239599,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802709163","repostId":"1141267906","repostType":4,"repost":{"id":"1141267906","kind":"news","pubTimestamp":1627780653,"share":"https://www.laohu8.com/m/news/1141267906?lang=&edition=full","pubTime":"2021-08-01 09:17","market":"us","language":"en","title":"Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World","url":"https://stock-news.laohu8.com/highlight/detail?id=1141267906","media":"Bloomberg","summary":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in","content":"<p><img src=\"https://static.tigerbbs.com/a4418a4a4b2639ef5a68e4da556a6c1b\" tg-width=\"958\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.</p>\n<p>Amped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.</p>\n<p>Passive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.</p>\n<p>“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”</p>\n<p>None of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.</p>\n<p>Equity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.</p>\n<p>Read more: Active Funds Crushed Equity Benchmarks in May Like Never Before</p>\n<p>At the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.</p>\n<p>They’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.</p>\n<p>“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”</p>\n<p>Fifty-Year Battle</p>\n<p>The active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo &amp; Co. created the original index fund.</p>\n<p>Today, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.</p>\n<p>Read more: Wall Street Surrenders to the $500 Billion ETF Rush</p>\n<p>“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”</p>\n<p>Wood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.</p>\n<p>Inspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.</p>\n<p>Passive Attack</p>\n<p>The mini boom for active ETFs comes not a moment too soon for the stock-picking industry.</p>\n<p>Passive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.</p>\n<p>Critics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.</p>\n<p>Take Tesla Inc.’s entry into the S&amp;P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.</p>\n<p>“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.</p>\n<p>The main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.</p>\n<p>It made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.</p>\n<p>Talk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.</p>\n<p>The increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.</p>\n<p>“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”</p>","source":"lsy1584095487587","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>Cathie Wood Is Just a Start as Stock Pickers Storm the ETF World</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Is Just a Start as Stock Pickers Storm the ETF World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/cathie-wood-just-start-stock-120000320.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141267906","content_text":"(Bloomberg) -- Record inflows. Record fund launches. Record assets. If active money management is in decline, someone forgot to tell the ETF industry.\nAmped up by a meme-crazed market and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the $6.6 trillion U.S. exchange-traded fund universe like never before -- adding a new twist in the 50-year invasion from passive investing.\nPassive funds still dominate the industry, but actively managed products have cut into that lead, scooping up three-times their share of the unprecedented $500 billion plowed into ETFs in 2021, according to data compiled by Bloomberg. New active funds are arriving at double the rate of passive rivals, and the cohort has boosted its market share by a third in a year.\n“Historically, people have thought about ETFs as being indexed-based,” said Todd Rosenbluth, head of ETF and mutual fund research at CFRA Research. “Then Ark became a household name, and then investors came to realize that not only were those products worth looking at, but so were others.”\nNone of this is supposed to happen in an industry built on the magic of indexing. Yet a market roller coaster brought on by the pandemic is helping discretionary asset managers turn ETFs to their own advantage.\nEquity conditions in general have become conducive to an active approach, leadership shifting in a stop-start economy, an unpredictable macro backdrop, and increased market breadth.\nRead more: Active Funds Crushed Equity Benchmarks in May Like Never Before\nAt the same time, investors are showing an unusual willingness to make concentrated bets, from riding the meme-stock madness to following the kind of thematic vision laid out by Wood.\nThey’ve poured $62 billion into active ETFs year-to-date. That’s 12% of total flows going to a slice of the market with only 4% of assets. In the rush to tap the burgeoning demand, issuers have now launched 156 actively managed products in 2021, compared with 77 passive funds.\n“At the end of day, the ETF is just a wrapper, it’s just a way to package and distribute an investment strategy,” said Ben Johnson, director of global ETF research at Morningstar. “More investors are getting hip to the fact that the notion of an actively-managed ETF is not an oxymoron.”\nFifty-Year Battle\nThe active surge is the latest development in a money-management battle that’s been raging since July 1971, when a team at Wells Fargo & Co. created the original index fund.\nToday, the passive juggernaut is slashing industry costs, opening up investing to the masses and forcing discretionary traders to adapt or die. Active launches may be booming, but the bulk of cash flooding U.S. stocks is still destined for big, cheap funds that do nothing but track the market.\nRead more: Wall Street Surrenders to the $500 Billion ETF Rush\n“Active ETFs are doing better than they have in past, but passive is still king,” said James Seyffart, an ETF analyst for Bloomberg Intelligence. “A lot of that active flow in the big months from late 2020 to early 2021 is to Cathie’s funds.”\nWood has become the poster child for active management in ETFs. The flagship fund at Ark was one of the best-performing in America last year with a 149% return.\nInspired by this and her enticing thematic approach -- which focuses on trends like robotics or space travel rather than market segments -- investors have sunk $14.5 billion into Ark funds in 2021.\nPassive Attack\nThe mini boom for active ETFs comes not a moment too soon for the stock-picking industry.\nPassive funds -- mutual and exchange-traded -- now manage $11 trillion and are on course to hold 50% of all registered U.S. fund assets within five years, according to BI calculations.\nCritics say the rapidly swelling index industry is blowing bubbles in stock markets, weakening corporate governance and more. And in some ways, it can also hit returns.\nTake Tesla Inc.’s entry into the S&P 500 in December. While discretionary managers could buy Elon Musk’s firm in advance, index funds ended up adding it at an inflated valuation -- and were forced to offload billions of dollars in other stocks to make space in portfolios.\n“Index funds systematically buy high and sell low,” wrote Rob Arnott of Research Affiliates and his colleagues in a June paper. They argued investors would have been better off holding the company pushed out of the index to make way for Tesla.\nThe main advantage stock pickers enjoy over their passive peers is more flexibility in deploying their cash. That’s something they’ve been able to bring to ETFs for years -- Wood’s first fund launched in 2014 -- but it was a rule change in 2019 that paved the way for the current jump in activity.\nIt made launching ETFs easier, and enabled new structures that could hide the strategy underpinning a fund. That helped lure multiple major Wall Street players to the industry after years of holding out, including the likes of Wells Fargo and T. Rowe Price.\nTalk of discretionary management’s decline is still rampant, but the woes aren’t as bad as they may seem. Even as U.S. active funds -- mutual and ETF -- saw $209 billion exit last year, they closed 2020 with about $13.3 trillion under management. That was a 13% gain from 2019.\nThe increase was largely thanks to rising markets, but if the current trend continues, before long it could just as easily be down to ETF growth.\n“We’re going to see the percentage of assets in actively-managed ETFs continue to climb higher,” said Rosenbluth at CFRA. “They’re going to continue to have the opportunity to punch above their weight.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164540636,"gmtCreate":1624231349625,"gmtModify":1634009339010,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/164540636","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814958269,"gmtCreate":1630749866951,"gmtModify":1631886553746,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814958269","repostId":"1169514310","repostType":4,"repost":{"id":"1169514310","kind":"news","pubTimestamp":1630656896,"share":"https://www.laohu8.com/m/news/1169514310?lang=&edition=full","pubTime":"2021-09-03 16:14","market":"us","language":"en","title":"2 Good Reasons the Stock Market Isn’t Ready to Blow Up Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1169514310","media":"Barron's","summary":"tocks have had an impressive year so far, but there are still four months before 2021 wraps up. So w","content":"<p>tocks have had an impressive year so far, but there are still four months before 2021 wraps up. So what’s ahead? A correction? More gains? Right now, it’s easier to make the case for the rally to just keep on going.</p>\n<p>First, though, it’s understandable why investors might be nervous.</p>\n<p>TheS&amp;P 500has gained about 21% year to date, far above the historical average annual return of about 10%. And in the first eight months, the index hasn’t had a pullback of more than 5%— a correction is defined as a 10% drawdown.</p>\n<p>Still, a good run needs something to stop it—likehigher corporate taxes,which the Biden administration supports. They could shave 5% or more off projected earnings estimates for S&amp;P 500 companies. Or persistent inflation, which could cause the Federal Reserve to rapidly reduce economic support. And there are a host of other catalysts, enough to push some analyststo forecast a retreat.</p>\n<p>But who knows how long Washington might take to put a new tax structure in place, or if lawmakers even will. Or what the deal is with inflation. There has been tapering talk for a few months now, and the Fed holds firm to its wait-and-see approach.</p>\n<p>So the nature of the market’s climb in the past couple of weeks seems to be the surest, strongest sign of what’s ahead. The S&amp;P 500 is up 3% since Aug. 18, the bottom of a brief and shallow drop.</p>\n<p>“[Market] internals improved last week,” writes&nbsp;Michael Gibbs, director of equity portfolio and technical strategy at Raymond James.</p>\n<p>First off, transaction volumes are improving.</p>\n<p>In late August, the daily number of shares traded on the&nbsp;SPDR S&amp;P 500 Exchange-Traded Fund Trust(SPY) has been about 54 million, according to FactSet. That’s above just under 50 million seen in the middle of the month.</p>\n<p>The upshot: When more market participants are transacting and they are bidding prices higher, it’s a vote of confidence in the market.</p>\n<p>Secondly, the rally has been broad-based—many stocks have participated. For example, almost 80% of stocks listed on the New York Stock Exchange have been gaining, according to Raymond James.</p>\n<p>The last time that metric hit such a high was November 2020. More stocks participating in the rally means the major indexes are less dependent on one group of stocks to move higher. Plus, witheconomically sensitive stocks on a run as well,it means investors are confident in sustained economic growth ahead.</p>\n<p>So more gains or a correction? We’ve made our case, but time will tell.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Good Reasons the Stock Market Isn’t Ready to Blow Up Yet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Good Reasons the Stock Market Isn’t Ready to Blow Up Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 16:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-crash-or-rally-51630526109?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>tocks have had an impressive year so far, but there are still four months before 2021 wraps up. So what’s ahead? A correction? More gains? Right now, it’s easier to make the case for the rally to just...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-crash-or-rally-51630526109?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-crash-or-rally-51630526109?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169514310","content_text":"tocks have had an impressive year so far, but there are still four months before 2021 wraps up. So what’s ahead? A correction? More gains? Right now, it’s easier to make the case for the rally to just keep on going.\nFirst, though, it’s understandable why investors might be nervous.\nTheS&P 500has gained about 21% year to date, far above the historical average annual return of about 10%. And in the first eight months, the index hasn’t had a pullback of more than 5%— a correction is defined as a 10% drawdown.\nStill, a good run needs something to stop it—likehigher corporate taxes,which the Biden administration supports. They could shave 5% or more off projected earnings estimates for S&P 500 companies. Or persistent inflation, which could cause the Federal Reserve to rapidly reduce economic support. And there are a host of other catalysts, enough to push some analyststo forecast a retreat.\nBut who knows how long Washington might take to put a new tax structure in place, or if lawmakers even will. Or what the deal is with inflation. There has been tapering talk for a few months now, and the Fed holds firm to its wait-and-see approach.\nSo the nature of the market’s climb in the past couple of weeks seems to be the surest, strongest sign of what’s ahead. The S&P 500 is up 3% since Aug. 18, the bottom of a brief and shallow drop.\n“[Market] internals improved last week,” writes Michael Gibbs, director of equity portfolio and technical strategy at Raymond James.\nFirst off, transaction volumes are improving.\nIn late August, the daily number of shares traded on the SPDR S&P 500 Exchange-Traded Fund Trust(SPY) has been about 54 million, according to FactSet. That’s above just under 50 million seen in the middle of the month.\nThe upshot: When more market participants are transacting and they are bidding prices higher, it’s a vote of confidence in the market.\nSecondly, the rally has been broad-based—many stocks have participated. For example, almost 80% of stocks listed on the New York Stock Exchange have been gaining, according to Raymond James.\nThe last time that metric hit such a high was November 2020. More stocks participating in the rally means the major indexes are less dependent on one group of stocks to move higher. Plus, witheconomically sensitive stocks on a run as well,it means investors are confident in sustained economic growth ahead.\nSo more gains or a correction? We’ve made our case, but time will tell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897699811,"gmtCreate":1628909889233,"gmtModify":1631892366169,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/897699811","repostId":"2159721520","repostType":2,"repost":{"id":"2159721520","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1628887162,"share":"https://www.laohu8.com/m/news/2159721520?lang=&edition=full","pubTime":"2021-08-14 04:39","market":"hk","language":"en","title":"Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2159721520","media":"T-Reuters","summary":"Tesla Inc :Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil V","content":"<html><body><p>Tesla Inc <tsla.o>:Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil Versus $23,760 In 2019 - Sec Filing.Tesla Inc Says Master Of Coin And Cfo, Zachary Kirkhorn'S 2020 Total Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. ((Reuters.Briefs@Thomsonreuters.Com;)).</tsla.o></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-08-14 04:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Tesla Inc <tsla.o>:Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil Versus $23,760 In 2019 - Sec Filing.Tesla Inc Says Master Of Coin And Cfo, Zachary Kirkhorn'S 2020 Total Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. ((Reuters.Briefs@Thomsonreuters.Com;)).</tsla.o></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSS":"Total System Services","SANA":"Sana Biotechnology, Inc.","CGEM":"Cullinan Therapeutics","TSLA":"特斯拉","LHDX":"Lucira Health, Inc.","LABP":"Landos Biopharma, Inc.","APR":"Apria, Inc."},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159721520","content_text":"Tesla Inc :Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil Versus $23,760 In 2019 - Sec Filing.Tesla Inc Says Master Of Coin And Cfo, Zachary Kirkhorn'S 2020 Total Compensation Was $46.6 Million Versus $21.2 Million In 2019.Further Company Coverage: Tsla.O. ((Reuters.Briefs@Thomsonreuters.Com;)).","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804685373,"gmtCreate":1627954153292,"gmtModify":1633754943640,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804685373","repostId":"2155915751","repostType":4,"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170994818,"gmtCreate":1626398635534,"gmtModify":1633927127063,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170994818","repostId":"1107139193","repostType":4,"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143530756,"gmtCreate":1625800100775,"gmtModify":1633937182003,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/143530756","repostId":"1195657546","repostType":4,"repost":{"id":"1195657546","kind":"news","pubTimestamp":1625785913,"share":"https://www.laohu8.com/m/news/1195657546?lang=&edition=full","pubTime":"2021-07-09 07:11","market":"us","language":"en","title":"Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1195657546","media":"CNBC","summary":"Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strau","content":"<div>\n<p>Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BGC":"BGC GROUP","GM":"通用汽车","ACCD":"Accolade, Inc."},"source_url":"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1195657546","content_text":"Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter results. Levi reported adjusted earnings of 23 cents per share on revenue of $1.28 billion. Analysts expected earnings of 9 cents per share on revenue of $1.21 billion, according to Refinitiv.\nGeneral Motors— General Motors shares gained 1.3% after Wedbush initiated coverage of the stock with an outperform rating and $85 price target. That target implies an upside of more than 51% from Thursday's close. \"CEO Mary Barra along with other key executives has led the legacy auto company back to the top of the auto industry in the United States,\" Wedbush's Dan Ives said in a note.\nPriceSmart— Shares of PriceSmart rose 2.4% in thin trading on the back of the warehouse club operator’s third-quarter earnings report. PriceSmart posted earnings of 73 cents per share, compared with a FactSet estimate of 65 cents per share expectation.\nAccolade— Accolade shares added 1.2% in low-volume trading following after the company released its latest quarterly numbers. The health-care technology company reported revenue of of $59.5 million versus analysts’ $55.8 million estimate, according to FactSet. Accolade also posted a smaller-than-expected EBITDA loss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377603543,"gmtCreate":1619520061182,"gmtModify":1634212107432,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"Hen hao~","listText":"Hen hao~","text":"Hen hao~","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/377603543","repostId":"1155157199","repostType":4,"repost":{"id":"1155157199","kind":"news","pubTimestamp":1619494851,"share":"https://www.laohu8.com/m/news/1155157199?lang=&edition=full","pubTime":"2021-04-27 11:40","market":"us","language":"en","title":"Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.","url":"https://stock-news.laohu8.com/highlight/detail?id=1155157199","media":"Barrons","summary":"Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share.  On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.J.P. Mo","content":"<p>Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.</p><p>The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share.&nbsp; On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.</p><p>The shares have gained 18% year to date.</p><p>Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system.&nbsp;</p><p>Microsoft breaks down its results into&nbsp;three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.</p><p>When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.</p><p>In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.</p><p>Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.</p><p>“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”</p><p>J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.</p><p>Wedbush analyst Dan Ives&nbsp;forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.</p><p>Citi analyst Tyler Radke&nbsp;last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.”&nbsp;</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-27 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is ...</p>\n\n<a href=\"https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-nears-2-trillion-market-cap-earnings-are-tuesday-51619457928?mod=hp_DAY_Theme_2_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155157199","content_text":"Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share.  On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.The shares have gained 18% year to date.Analysts expect another strong quarter from the company’s Azure and Office 365 cloud businesses, and will be looking for signs of accelerating growth in its enterprise operation. Sales of Surface hardware—laptops and whiteboards—were likely strong in the quarter, given the huge recent growth in PC purchases, although there is some potential that shortages of components resulted in unfilled demand. Strength in the PC market also bodes well for sales of the Windows operating system. Microsoft breaks down its results into three segments: Productivity and Business Processes, which includes Office 365, Dynamics, and LinkedIn; Intelligence Cloud, which includes Azure and enterprise server software; and More Personal Computing, which includes Windows, Xbox, Surface hardware, and Bing.When Microsoft reported its results for its fiscal second quarter in late January,CFO Amy Hood provided revenue guidance for each segment. For Productivity and Business Processes, she projected revenue of $13.35 billion to $13.6 billion. The call for Intelligent Cloud was for revenue of $14.7 billion to $14.95 billion, while she predicted $12.3 billion to $12.7 billion for More Personal Computing. If revenue for each segment came in at the top of its forecast range, the total would be $41.25 billion.In research notes, several analysts cited positive comments from customers and resellers in projecting strong results.Last week, KeyBanc Capital’s Michael Turits repeated his Overweight rating on the stock while lifting his target for the price to $295, from $280. He says the company is likely benefiting from a combination of strong IT demand and continuing strength in PC shipments.“We continue to see Microsoft’s combination of expanding Azure scope, broad enterprise application innovation, and aggressive bundling seeing success in the market,” he wrote. “Nearly all North American Microsoft distributors/resellers we spoke with reported Microsoft channel revenue on or above plan.”J.P. Morgan analyst Mark Murphy came away from his own new survey of resellers of Microsoft products encouraged about the outlook. He says those companies’ quarterly sales of Microsoft goods came in an average of 3.3% above their expectations, driven by improving enterprise demand. He reported strength across the company’s enterprise product lines, with growth in Azure, Teams, Office 365, and security products, among other places. Murphy rates Microsoft at Overweight and has a target of $245 for the stock price.Wedbush analyst Dan Ives forecast “another masterpiece quarter,” driven by growth of at least 45% from Azure, which he thinks is taking market share from Amazon Web Services. He said the current work-from-home environment is encouraging more businesses to make strategic moves toward cloud-based operations “with Microsoft across the board with Azure growth remaining brisk.” He maintained an Outperform rating, with a target of $300 for the share price.Citi analyst Tyler Radke last week reiterated a Buy rating on Microsoft shares, lifting his price target to $302, from $292, and setting a “positive catalyst watch” on the stock ahead of the results. He wrote that a combination of a survey of resellers and channel checks made him more confident that Microsoft can propel revenue across all three primary business segments, with strength in personal computer demand from both consumers and businesses, robust upgrade activity on server software, and continued strength in Azure as a result of “continued strong enterprise consumption growth.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372109595,"gmtCreate":1619183666617,"gmtModify":1634287939835,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372109595","repostId":"2129354094","repostType":4,"repost":{"id":"2129354094","kind":"highlight","pubTimestamp":1619183454,"share":"https://www.laohu8.com/m/news/2129354094?lang=&edition=full","pubTime":"2021-04-23 21:10","market":"us","language":"en","title":"3 Top Fintech Stocks to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129354094","media":"Motley Fool","summary":"If you have $3,000 and at least a few years to wait, these three companies are making some serious waves in financial services.","content":"<p>Fintech stocks have been white-hot over the past year. Cryptocurrency trading platform <b>Coinbase Global</b>'s recent public listing at a market cap of more than $60 billion is but the latest example. The digital economy is reshaping the status quo in financial services, and there will be plenty more money to be made -- if an investor can put their money to work and then wait patiently for at least a few years.</p>\n<p><b>Upstart </b>(NASDAQ:UPST), <b><a href=\"https://laohu8.com/S/STNE\">StoneCo</a> </b>(NASDAQ:STNE), and <b>Square </b>(NYSE:SQ) look like especially promising buys right now. Here's why.</p>\n<h2>Leveling the playing field in lending</h2>\n<p>Lending technologist Upstart has been off to the races since it went public in December. Shares are up almost 300% in just a few months. But if you're looking at its potential in the coming years, this ship has barely started to pull away from port.</p>\n<p>Personal and auto loans are massive markets worth trillions of dollars a year in the U.S. alone, and Upstart tackles both with its AI-enhanced software. Rather than rely on traditional credit scores, which often exclude lots of potential borrowers that have good-but-not-quite-great credit ratings, Upstart parses through thousands of nontraditional data points to make better lending decisions. The result is a fast and efficient application process that increases access to lending products for consumers, all while reducing loan default risk.</p>\n<p>Upstart is itself a lender, but it also licenses its software to a growing list of banks and financial institutions. It also launched a referral network that can be tailored to a bank's needs to provide offers to qualified bank deposit customers. Upstart is also in the early stages of rolling out its auto loan platform to banks and auto dealers. As a result, the company expects its revenue to more than double in 2021, and it's already profitable.</p>\n<p>As of this writing, Upstart trades for 15 times expected 2021 revenue -- by no means cheap, but reasonable given how fast this fintech firm is expanding and the massive market opportunity that lies before it. As with other recent IPOs, this will be a highly volatile stock. Nevertheless, this is a top buy for investors who can patiently wait for Upstart's highly disruptive lending platform to expand.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d636012e6b242f692e05403ee58e58b5\" tg-width=\"700\" tg-height=\"466\"><span>Data source: Getty Images.</span></p>\n<h2>A digital payments leader in South America's largest economy</h2>\n<p>Let's take a detour south to Brazil, South America's largest country and economy. Like other emerging markets, Brazil's digital economy is still small. Nevertheless, the country is making fast strides in e-commerce and digital payments, and the pandemic is pushing more merchants and consumers to adopt technology in their day-to-day activities. But it isn't just effects from the pandemic that are fostering digital uptake. StoneCo -- <a href=\"https://laohu8.com/S/AONE\">one</a> of Brazil's largest fintech firms -- is also doing a great deal of work to help.</p>\n<p>The company started out as a digital payments company helping small- to mid-sized businesses accept cards and online payments. The company earns a small fee every time a business uses <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its card readers or online payment acceptance portal. But it's rapidly expanded into new areas as well: It has a full-blown software platform to help businesses manage their payments and finances, and also supports hundreds of thousands of micro-merchants in Brazil (think small, family-owned operations and single-person sellers). It is also growing its online banking services with digital wallets and a credit line offering for Brazil's underserved small businesses.</p>\n<p>Even in a year deeply impacted by COVID-19, Stone had a pretty good showing in 2020. Total revenue was up 28% year over year in the fourth quarter, and management said expansion is quickly returning to pre-pandemic levels (for reference, revenue grew 63% in 2019). Even though this is a young company, it's highly profitable, and it generated an adjusted net profit margin of 36% last year. This gives Stone plenty of new cash to spend to expand its user base (expected to reach one million in 2021) and further the advancement of Brazil's digital economy.</p>\n<p>Much like Upstart, this is not a cheap stock. A lofty valuation prices in the expectation that Stone will continue growing at a rapid pace -- shares trade for over 31 times trailing-12-month sales (the company doesn't provide specific forward guidance). However, with Brazil still ripe for disruption and Stone in pole position in the digital payments and banking space, this is a great long-term investment. Just keep an initial purchase small so as to take advantage of the inevitable ups and downs in share price.</p>\n<h2>A bet on cryptocurrencies and future fintech</h2>\n<p>StoneCo's business model draws a lot of parallels with its U.S.-based peer Square. Digital payments are already a big business here in the States, but the business experienced a pull-back as in-person spending went by the wayside in 2020. Square's primary business is thus set for a big rally in 2021 as the economy reopens.</p>\n<p>However, even as in-person digital payments experienced setbacks, Square's digital wallet subsidiary Cash App had a banner year during the start of the pandemic. Total users were 36 million at the end of 2020, and Cash App's revenue doubled several times over last year -- getting a massive boost from <b>Bitcoin</b>&nbsp;trading as people flocked to the cryptocurrency. With a growing number of consumers and businesses using and accepting Bitcoin, Square looks like an emerging leader in a new era of decentralized currency and digital assets based on blockchain technology.</p>\n<p>Other features on Cash App include tax prep (recently acquired from Credit Karma), a micro-loan product, and the acquisition of music streaming service Tidal (likely used as a way to increase adoption of Cash App and engage with musicians). Options abound for Square and its consumer finance app, and this company is only just getting started on its growth journey.</p>\n<p>Trading at just shy of 12 times trailing 12-month revenue, Square could be a real long-term value. Granted, a highly volatile Bitcoin price could cause the company's revenue to suddenly reverse course, but cryptocurrency and blockchain tech have a promising long-term future regardless of price fluctuations. Square is a top play on the trend, and is adding millions of loyal fans along the way. Now looks like the time to make another buy.</p>","source":"fool_stock","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 Top Fintech Stocks to Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Fintech Stocks to Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 21:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/23/3-top-fintech-stocks-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fintech stocks have been white-hot over the past year. Cryptocurrency trading platform Coinbase Global's recent public listing at a market cap of more than $60 billion is but the latest example. The ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/23/3-top-fintech-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STNE":"StoneCo","UPST":"Upstart Holdings, Inc.","SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/04/23/3-top-fintech-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129354094","content_text":"Fintech stocks have been white-hot over the past year. Cryptocurrency trading platform Coinbase Global's recent public listing at a market cap of more than $60 billion is but the latest example. The digital economy is reshaping the status quo in financial services, and there will be plenty more money to be made -- if an investor can put their money to work and then wait patiently for at least a few years.\nUpstart (NASDAQ:UPST), StoneCo (NASDAQ:STNE), and Square (NYSE:SQ) look like especially promising buys right now. Here's why.\nLeveling the playing field in lending\nLending technologist Upstart has been off to the races since it went public in December. Shares are up almost 300% in just a few months. But if you're looking at its potential in the coming years, this ship has barely started to pull away from port.\nPersonal and auto loans are massive markets worth trillions of dollars a year in the U.S. alone, and Upstart tackles both with its AI-enhanced software. Rather than rely on traditional credit scores, which often exclude lots of potential borrowers that have good-but-not-quite-great credit ratings, Upstart parses through thousands of nontraditional data points to make better lending decisions. The result is a fast and efficient application process that increases access to lending products for consumers, all while reducing loan default risk.\nUpstart is itself a lender, but it also licenses its software to a growing list of banks and financial institutions. It also launched a referral network that can be tailored to a bank's needs to provide offers to qualified bank deposit customers. Upstart is also in the early stages of rolling out its auto loan platform to banks and auto dealers. As a result, the company expects its revenue to more than double in 2021, and it's already profitable.\nAs of this writing, Upstart trades for 15 times expected 2021 revenue -- by no means cheap, but reasonable given how fast this fintech firm is expanding and the massive market opportunity that lies before it. As with other recent IPOs, this will be a highly volatile stock. Nevertheless, this is a top buy for investors who can patiently wait for Upstart's highly disruptive lending platform to expand.\nData source: Getty Images.\nA digital payments leader in South America's largest economy\nLet's take a detour south to Brazil, South America's largest country and economy. Like other emerging markets, Brazil's digital economy is still small. Nevertheless, the country is making fast strides in e-commerce and digital payments, and the pandemic is pushing more merchants and consumers to adopt technology in their day-to-day activities. But it isn't just effects from the pandemic that are fostering digital uptake. StoneCo -- one of Brazil's largest fintech firms -- is also doing a great deal of work to help.\nThe company started out as a digital payments company helping small- to mid-sized businesses accept cards and online payments. The company earns a small fee every time a business uses one of its card readers or online payment acceptance portal. But it's rapidly expanded into new areas as well: It has a full-blown software platform to help businesses manage their payments and finances, and also supports hundreds of thousands of micro-merchants in Brazil (think small, family-owned operations and single-person sellers). It is also growing its online banking services with digital wallets and a credit line offering for Brazil's underserved small businesses.\nEven in a year deeply impacted by COVID-19, Stone had a pretty good showing in 2020. Total revenue was up 28% year over year in the fourth quarter, and management said expansion is quickly returning to pre-pandemic levels (for reference, revenue grew 63% in 2019). Even though this is a young company, it's highly profitable, and it generated an adjusted net profit margin of 36% last year. This gives Stone plenty of new cash to spend to expand its user base (expected to reach one million in 2021) and further the advancement of Brazil's digital economy.\nMuch like Upstart, this is not a cheap stock. A lofty valuation prices in the expectation that Stone will continue growing at a rapid pace -- shares trade for over 31 times trailing-12-month sales (the company doesn't provide specific forward guidance). However, with Brazil still ripe for disruption and Stone in pole position in the digital payments and banking space, this is a great long-term investment. Just keep an initial purchase small so as to take advantage of the inevitable ups and downs in share price.\nA bet on cryptocurrencies and future fintech\nStoneCo's business model draws a lot of parallels with its U.S.-based peer Square. Digital payments are already a big business here in the States, but the business experienced a pull-back as in-person spending went by the wayside in 2020. Square's primary business is thus set for a big rally in 2021 as the economy reopens.\nHowever, even as in-person digital payments experienced setbacks, Square's digital wallet subsidiary Cash App had a banner year during the start of the pandemic. Total users were 36 million at the end of 2020, and Cash App's revenue doubled several times over last year -- getting a massive boost from Bitcoin trading as people flocked to the cryptocurrency. With a growing number of consumers and businesses using and accepting Bitcoin, Square looks like an emerging leader in a new era of decentralized currency and digital assets based on blockchain technology.\nOther features on Cash App include tax prep (recently acquired from Credit Karma), a micro-loan product, and the acquisition of music streaming service Tidal (likely used as a way to increase adoption of Cash App and engage with musicians). Options abound for Square and its consumer finance app, and this company is only just getting started on its growth journey.\nTrading at just shy of 12 times trailing 12-month revenue, Square could be a real long-term value. Granted, a highly volatile Bitcoin price could cause the company's revenue to suddenly reverse course, but cryptocurrency and blockchain tech have a promising long-term future regardless of price fluctuations. Square is a top play on the trend, and is adding millions of loyal fans along the way. Now looks like the time to make another buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":854740197,"gmtCreate":1635487317883,"gmtModify":1635487318256,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854740197","repostId":"1122237204","repostType":4,"repost":{"id":"1122237204","kind":"news","pubTimestamp":1635476471,"share":"https://www.laohu8.com/m/news/1122237204?lang=&edition=full","pubTime":"2021-10-29 11:01","market":"us","language":"en","title":"Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1122237204","media":"Seeking Alpha","summary":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused w","content":"<p><b>Summary</b></p>\n<ul>\n <li>Intel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.</li>\n <li>Advanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su &amp; Co. is making the most out of Intel's stumbles.</li>\n <li>Nvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.</li>\n <li>We discuss which semiconductor stock is the better buy now.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c8b907cc53a6667f686b7acaf873b0a\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Advanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.</p>\n<p>Notably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger &amp; Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.</p>\n<p>Nvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang &amp; Co. see \"sequential growth&nbsp;driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.</p>\n<p>We will discuss which semiconductor stock is the better buy now between them.</p>\n<p><b>INTC, NVDA, AMD Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc276e3bd3b1b72a0413e8be2d14ebe3\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>INTC, NVDA, AMD stock YTD performance (as of 27 October 21).</span></p>\n<p>NVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.</p>\n<p>In contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.</p>\n<p><b>Intel FQ3 Report Card Is Telling Of Its Weakening Leadership</b></p>\n<p>There's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f910460f850f7c0c3bd3508e0812fa7b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Intel LTM revenue by segment. Data source: Company filings</span></p>\n<p>Intel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.</p>\n<p>DCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger &amp; Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.</p>\n<p>Intel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.</p>\n<p>Counterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021&nbsp;at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"</p>\n<p>Notwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that&nbsp;Apple's YoY shipment growth in CQ2&nbsp;was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.</p>\n<p>Therefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c622b359fd3a73cac53c0e4410177c3\" tg-width=\"640\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>INTC and AMD LTM gross margins. Data source: S&amp;P Capital IQ</span></p>\n<p>Pat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:</p>\n<blockquote>\n <i>We expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years</i>. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n <i>we expect gross margins between 51% and 53% over the next 2 to 3 years</i>before moving upward. (from Intel Q3 earnings call)\n</blockquote>\n<p>We find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su &amp; Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.</p>\n<p>We also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators&nbsp;that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger &amp; Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.</p>\n<p>The good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su &amp; Co., you have been cautioned.</p>\n<p><b>AMD Continues Its Gangbusters Growth</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fb460f1a24eeac1ff3e46cc0ebd78f3\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD quarterly revenue by segment. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5df5298fbc9733b0c0a8b1110c401ba\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>AMD revenue segments YoY growth. Data source: Company filings</span></p>\n<p>There's little doubt that Dr. Lisa Su &amp; Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.</p>\n<p>In fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:</p>\n<blockquote>\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n <i>39% year-over-year and approximately 4% sequentially</i>. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n <i>we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses</i>, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n</blockquote>\n<p>For a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af9edf4c4d4b8055eee2f32456b6589d\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>AMD est. revenue and EBITDA mean consensus. Data source: S&amp;P Capital IQ</span></p>\n<p>However, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/970fd9b4cebec404a6c9bcc8c5b18140\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"><span>AMD LTM revenue and EBITDA. Data source: S&amp;P Capital IQ</span></p>\n<p>Importantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.</p>\n<p>We can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.</p>\n<p><b>Nvidia Is Expected To Post Slower Much Growth Than Before</b></p>\n<p>Jensen Huang &amp; Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.</p>\n<p>The company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.</p>\n<p>Datacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfa0d4e579274e870b43dadcb6aa0be7\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>NVDA actual and est. quarterly revenue YoY growth. Data source: S&amp;P Capital IQ</span></p>\n<p>Notably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang &amp; Co. to beat.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0873d94239c63b839b483644a71fe429\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"><span>NVDA earnings beats/misses. Source: Seeking Alpha Premium</span></p>\n<p>Notwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.</p>\n<p>We understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.</p>\n<p>We recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.</p>\n<p>The main problem is that Nvidia couldn't/is not willing to put a timeline to<i>when they would derive meaningful revenues from its software stack.</i>Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"</p>\n<p><b>So, Which Chip Stock Is The Better Buy?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97466fa7c05502ccb3d3fb348c1fbedd\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>AMD stock EV/NTM EBITDA 3Y mean.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58c3575f8db9aafef9a106f36114a1b7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>NVDA stock EV/NTM EBITDA 3Y mean.</span></p>\n<p>AMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/467ed7eaf7cb4b7aed414494c2110be8\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>INTC stock EV/NTM EBITDA 3Y mean.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55716ccea92c6410434d2f1ab7d3ef15\" tg-width=\"640\" tg-height=\"265\" referrerpolicy=\"no-referrer\"><span>INTC stock LTM dividend yield. Data source: S&amp;P Capital IQ</span></p>\n<p>INTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.</p>\n<p>Pat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.</p>\n<p>Despite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.</p>\n<p>Therefore, we think&nbsp;<i>AMD stock represents our preferred Buy</i>&nbsp;for now.<i>INTC stock is also a Buy</i>&nbsp;for dividend and value investors. At the same time, we&nbsp;<i>retain our Neutral rating on NVDA</i>.</p>\n<p>This article was written by&nbsp;JR Research.</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>Intel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel, Nvidia, Or AMD: Which Chip Stock Is The Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","INTC":"英特尔","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4463134-intel-nvidia-amd-chip-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122237204","content_text":"Summary\n\nIntel reported a set of earnings that was pretty decent. However, the market was confused with its ambitious growth plans.\nAdvanced Micro Devices continues its run of phenomenal results in FY21. Dr. Lisa Su & Co. is making the most out of Intel's stumbles.\nNvidia will issue its FQ3 report card on 17 November. The company's growth momentum is expected to continue slowing down.\nWe discuss which semiconductor stock is the better buy now.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nAdvanced Micro Devices, Inc. (AMD) issued a fantastic FQ3 report card recently. The company also handily beat consensus estimates and reaffirmed AMD's position as one of the leading semiconductor companies.\nNotably, the company made gains while Intel (INTC) reported a set of results that we thought were actually pretty fine. There were some concerns over underwhelming data center performance, but it was expected. However, the market didn't like what Pat Gelsinger & Co. telegraphed and thrashed the stock after earnings. Intel communicated what it would cost on its quest to retake its process node leadership. However, it seems that investors weren't sure about the company's ambitious plans. Coupled with weakened profitability and free cash flow prospects, some value-oriented investors seemed to have headed for the exit.\nNvidia (NVDA) will issue its FQ3 report card on 17 November. The company had previously guided for a strong quarter. Jensen Huang & Co. see \"sequential growth driven largely by accelerating demand in data center.\" The company also expects growth in each of its three markets, particularly in gaming. Investors' expectations are also high given AMD's robust performance. Hence, investors have eagerly anticipated NVDA's earnings release as NVDA stock pushed through a new all-time high (ATH) this week.\nWe will discuss which semiconductor stock is the better buy now between them.\nINTC, NVDA, AMD Stock YTD Performance\nINTC, NVDA, AMD stock YTD performance (as of 27 October 21).\nNVDA stock continues to enjoy a phenomenal year so far. The stock made a new ATH this week, as YTD returns surged to 87.3%. Bearish investors in NVDA can say all they want, but we have never adopted a bearish NVDA stock thesis. It just doesn't make sense. The stock has the best possible A+ in Seeking Alpha's momentum grade for the whole year. Hence, we really couldn't understand those bearish theses. AMD stock is in second place with a 33.3% YTD gain. It seems like the stock has lagged far behind NVDA stock's incredible performance. However, investors should consider the fact that AMD stock spent most of H1'21 in the red. Therefore, its huge momentum surge in H2'21 has been really impressive. Consequently, the stock's momentum is also given an A grade in Seeking Alpha.\nIn contrast, the perennial underperformer INTC stock continues to underperform. The stock started very brightly as it raced to a 40% YTD gain. However, its momentum has completely fizzled out. Currently, its YTD decline of 3.9% looks abysmal when compared to AMD stock and NVDA stock. In addition, Seeking Alpha also assigned it with a D+ rating in momentum.\nIntel FQ3 Report Card Is Telling Of Its Weakening Leadership\nThere's little doubt that AMD has made the most of its recent dominance over Intel. However, what's more concerning to Intel investors, and likewise encouraging to AMD investors, is the clarity provided by their respective CEOs.\nIntel LTM revenue by segment. Data source: Company filings\nIntel reported another underwhelming quarter, but we don't think it was unexpected. Sure, the company's data center business (DCG) continues to disappoint compared to NVDA and AMD. However, INTC investors shouldn't be surprised.\nDCG quarterly revenue YoY growth came in at 10% in FQ3. However, DCG revenue has been on a declining trend on a last-twelve-months (LTM) basis since FQ2'20.In a recent AMD article, we mentioned that Omdia estimated that AMD's data center share crossed 15% in Q2'21 for the first time in history. In retrospect, Intel had almost complete dominance in this segment just four years ago. It clearly shows how the critical stumbles from its former management have derailed its previously \"unassailable\" leadership. Now, Gelsinger & Co. are left with the unenviable task of trying to overturn Intel's sinking fortunes. With AMD having assumed the technological leadership at the expense of Intel, it certainly looks like an \"easy bet\" which the company will likely continue to outperform.\nIntel's client computing group's (CCG) performance was underwhelming in FQ3. Its revenue fell by 1.9% YoY and 4.4% QoQ, respectively. Notably, it came at a time when 2021 saw a strong resurgence in PC sales.In a recent Apple(AAPL) article, we mentioned that Apple's Mac segment had performed very well in 2021. In just the first three FQs, Mac has exceeded its revenue on a per FY basis over the last three years. Its resurgence is also in line with the trend observed in the industry.\nCounterpoint Research noted that \"global PC shipments marked their sixth consecutive YoY growth in Q3 2021 at 84.2 million units. This came despite the ongoing component shortages and other supply constraints.\" Despite that, the firm also emphasized that \"the 9.3% YoY growth during [Q3] implied decelerating PC shipment momentum after four consecutive quarters of double-digit YoY growth since Q3 2020.\"\nNotwithstanding, Mac seems to have picked up strongly in CQ3. IDC reported that Apple's YoY shipment growth in CQ2 was 9.4%. Moreover, Counterpoint research pointed out that Mac YoY shipment growth accelerated to 10.6% in CQ3. Hence, it's interesting to note that Mac grew even faster than the industry average in CQ3. As a result, Mac's global market share grew to 8.7%.\nTherefore, it seems like Apple has been doing very well since it decoupled from Intel's chips. Even though Gelsinger remains optimistic about winning back Apple's business through \"better products\" in the future, the divorce looks to be \"finalized\" for now. But investors in semiconductor companies should remember that never say never when it comes to technological leadership. Intel is still a highly profitable company and therefore has the wherewithal and conviction to compete. Whether it can overturn AMD's and NVDA's leadership remains to be seen. But never write the company off so early on.\nINTC and AMD LTM gross margins. Data source: S&P Capital IQ\nPat Gelsinger has telegraphed a highly ambitious plan to assume technological leadership. It's mainly predicated on its \"five process nodes in four years\" quest to assume foundry leadership from Taiwan Semiconductor (TSM). In addition, the company is also willing to \"reset\" its gross margins to compete with AMD and NVDA at the same time. Outgoing CFO George Davis emphasized:\n\nWe expect to see our revenue growth accelerate to a 10% to 12% CAGR over the next 4 to 5 years. For gross margin, with the impact of our investment in capacity and the acceleration of our process technology, \n we expect gross margins between 51% and 53% over the next 2 to 3 yearsbefore moving upward. (from Intel Q3 earnings call)\n\nWe find it interesting. Yes, the investments for process leadership and capacity expansion will affect its profitability. But Intel recognizes that it's at least a five-year process. At this time, is the company going to let Dr. Lisa Su & Co. take all the glory while Intel works out its troubles? Obviously not. Pat recognizes that he needs a stop-gap solution. Short of saying \"we are cutting prices now\" to compete with AMD, this is as close as it gets.\nWe also highlighted in our previous AMD article (published on 20 September) that \"Intel is recently reported to be ready to lower the prices for its data center chips. The move was deemed necessary \"to lure back data center operators that have switched to rival Advanced Micro Devices.\" Otherwise, how can Gelsinger & Co. be so confident in stopping the rot from AMD's continued success? Intel has telegraphed a highly ambitious plan to increase revenue by a CAGR of 10% to 12% over the next four to five years. Intel is trying to transform itself back into a growth company. If you want to grow and don't have technological leadership, you must give up some profits. That makes absolute sense.\nThe good thing is, Intel is already a highly profitable company. Its gross margins had declined markedly from the days when it posted margins north of 60%. However, its LTM margin of 56.3% is still significantly higher than AMD's 46.8%. Therefore, Intel's plans are credible. The company will now go head-on to compete with AMD in pricing while investing in assuming foundry leadership. Dr. Lisa Su & Co., you have been cautioned.\nAMD Continues Its Gangbusters Growth\nAMD quarterly revenue by segment. Data source: Company filings\nAMD revenue segments YoY growth. Data source: Company filings\nThere's little doubt that Dr. Lisa Su & Co. have made the most of Intel's absolute mess. The company has been firing on all cylinders as it outperformed estimates easily. It continues to report tremendous strength in all its segments. FQ3 saw Advanced Micro Devices report 43.9% YoY growth in revenue for its computing and graphics business. Moreover, its enterprise, embedded, and semi-custom (EESC) segment continues its phenomenal run as AMD posted YoY revenue growth of 68.9%. Therefore, AMD has certainly made the most of Intel's losses in data center. Moreover, its computing and graphics growth has also been fantastic. AMD has undoubtedly grown much faster than the market.\nIn fact, AMD continues to expect strong sequential growth into FQ4. AMD emphasized:\n\n We expect revenue to be approximately $4.5 billion, plus or minus $100 million, an increase of approximately \n 39% year-over-year and approximately 4% sequentially. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be driven by higher server and semi-custom sales. For the full year 2021, \n we now expect revenue to increase approximately 65% over 2020, driven by growth across all businesses, up from the prior guidance of 60%. (from AMD FQ3 earnings call)\n\nFor a company that tells you that it expects a 65% YoY growth over FY20, it's clear it has achieved phenomenal results. Therefore, the market should reward AMD investors. AMD stock has clearly been outperforming the market after its early-year stumbles.\nAMD est. revenue and EBITDA mean consensus. Data source: S&P Capital IQ\nHowever, we think investors need to consider how AMD will likely perform moving forward. Following its outstanding FQ3 report card, consensus estimates have also been revised upwards. AMD is estimated to post a revenue CAGR of 30.2% and an EBITDA CAGR of 50.4%. Compared to the company's FY21 revenue YoY growth guidance of 65%, it's a marked deceleration.\nAMD LTM revenue and EBITDA. Data source: S&P Capital IQ\nImportantly, AMD has also grown its LTM revenue and EBITDA by a CAGR of 31.2% and 160% over the last four years, respectively. Therefore, AMD is unlikely to post such monstrous growth moving forward. As a result, investors need to taper their expectations when considering buying its stock. They can't be expecting AMD to continue growing at such phenomenal growth rates incessantly. We know it sounds good, but it's simply not sustainable.\nWe can also observe from its FQ3 performance. Its segments' YoY growth was the slowest in FQ3'21 compared to the previous two quarters. So it's not slow per se, but the growth seems to be decelerating. Therefore, AMD investors, you have been reminded.\nNvidia Is Expected To Post Slower Much Growth Than Before\nJensen Huang & Co. will release its FQ3'22 report card on 17 November. Its earnings conferences have often been highly anticipated events in the past. Its investors, PC geeks, and gamers love NVDA.\nThe company guided for $6.8B in FQ3 revenue on its previous earnings call. Consensus estimates are also in line with the company's guidance. However,in our previous Nvidia article, we highlighted that the company's revenue growth seems to be decelerating across its main segments.\nDatacenter growth fell to 35% YoY in FQ2'22. Moreover, Gaming has also demonstrated signs of deceleration. Its growth in FQ2 also slowed to 85% YoY. As a result, the company's overall revenue growth slowed to 68.3% YoY in FQ2.\nNVDA actual and est. quarterly revenue YoY growth. Data source: S&P Capital IQ\nNotably, even with the recently revised estimates, Nvidia is expected to post slower YoY growth in FQ3'22 and beyond. In fact, the deceleration looks alarming. Investors might have to taper their expectations of NVDA's gangbusters growth momentum moving forward. Nothing goes up in one straight line forever. Moving forward, revenue comps will get increasingly harder for Jensen Huang & Co. to beat.\nNVDA earnings beats/misses. Source: Seeking Alpha Premium\nNotwithstanding, we recognize that NVDA might also be sandbagging expectations in its guidance. We noted that NVDA has only missed one quarterly estimate in the last four years. It's an almost flawless performance. Notably, while NVDA has consistently outperformed its guidance, those beats were not incredibly massive. What we meant is investors should not totally disregard the consensus estimates as out of line. They have been pretty accurate over time. So while NVDA might have sandbagged its previous guidance to overdeliver potentially, they had not overdone it.\nWe understand that some NVDA investors are anticipating its TAM expansion into its software stack, omniverse applications, and cloud-gaming expansion.\nWe recognize the incredible efforts invested by NVDA to transform itself into an AI company that has a huge GPU dominance. Coupled with its DPU and CPU forays, the hardware strategy looks very impressive. Moreover, Nvidia's AI Enterprise now offers its complete AI enterprise software suite to its customers. With the number of developers on its platform currently, we think its leadership is secure. The ecosystem will get even stronger over time as more developers come on board. If the company could pull through its Arm acquisition, we think there's no way that Intel or AMD could catch up.\nThe main problem is that Nvidia couldn't/is not willing to put a timeline towhen they would derive meaningful revenues from its software stack.Nvidia could only add recently: \"But as [we] said, what [we] quoted to you for both NVIDIA enterprise as well as for Omniverse enterprise as being multibillion-dollar opportunities, we see these as very real opportunities, right?\"\nSo, Which Chip Stock Is The Better Buy?\nAMD stock EV/NTM EBITDA 3Y mean.\nNVDA stock EV/NTM EBITDA 3Y mean.\nAMD stock currently trades at an EV/NTM EBITDA of 29.7x. Its 3Y NTM EBITDA mean read 30.8x. Therefore, investors can argue that AMD might seem fairly valued right now. In contrast, NVDA stock trades at an EV/NTM EBITDA of 53.5x. Its 3Y NTM EBITDA mean is 41.6x. Thus, the stock is trading at about 28.6% above its 3Y mean. Hence, we think NVDA stock looks overvalued right now. Coupled with potentially slower revenue growth moving forward, a poor quarter might induce potential value compressions. Otherwise, a potential overcapacity problem in 2023 might also hit NVDA stock hard due to its rich valuation.\nINTC stock EV/NTM EBITDA 3Y mean.\nINTC stock LTM dividend yield. Data source: S&P Capital IQ\nINTC stock trades at an EV/NTM EBITDA of 6.7x. It's markedly below its 3Y mean of 7.6x. Therefore, INTC is clearly a value play and not a growth play. It has also provided a respectable dividend yield for its investors over the years. As a result of its recent post-FQ3 sell-off, the annualized yield has recovered to 2.8%. INTC investors have been very comfortable sitting on its robust profitability and its solid dividend yields over the years. These value and dividend income investors don't invest in INTC stock for growth. They invest in it for its value and its dividends.\nPat Gelsinger's ambitious growth plans have thrown them a curveball that they didn't expect. When Intel communicated that these plans would have a discernible impact on its profitability, they feared for their dividends. Perhaps, Gelsinger is banking on a turnover of its investor base. The company could potentially be a huge winner if it succeeds on its growth roadmap. Given that the expectations are so low now, it doesn't even have to be immensely successful for the stock to be re-rated upwards. The huge difference in the growth premium between INTC and its faster growth peers is eye-catching. We think investors who have patience and are willing to ride out the short-term volatility might find INTC stock attractively valued right now. Coupled with a 2.8% dividend yield, it adds more gloss to its premise. Adding on a potential growth re-rating, the stock certainly looks attractive.\nDespite that, INTC's long-term momentum has remained weak. The stock's long-term price action has also been much weaker than AMD stock. We recall that Buffett emphasized that he has no qualms about paying a fair price for a fantastic company.\nTherefore, we think AMD stock represents our preferred Buy for now.INTC stock is also a Buy for dividend and value investors. At the same time, we retain our Neutral rating on NVDA.\nThis article was written by JR Research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":885134472,"gmtCreate":1631763715796,"gmtModify":1631886553645,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885134472","repostId":"2167185235","repostType":4,"repost":{"id":"2167185235","kind":"news","pubTimestamp":1631752106,"share":"https://www.laohu8.com/m/news/2167185235?lang=&edition=full","pubTime":"2021-09-16 08:28","market":"us","language":"en","title":"First all-civilian crew bound for orbit launches aboard SpaceX rocket ship","url":"https://stock-news.laohu8.com/highlight/detail?id=2167185235","media":"The Straits Times","summary":"CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept","content":"<div>\n<p>CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept 15) carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First all-civilian crew bound for orbit launches aboard SpaceX rocket ship</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst all-civilian crew bound for orbit launches aboard SpaceX rocket ship\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 08:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept 15) carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167185235","content_text":"CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept 15) carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to join him in the first all-civilian crew ever launched on a flight to Earth orbit.\nThe quartet of amateur space travellers, led by the American founder and chief executive of e-commerce firm Shift4 Payments Inc Jared Isaacman, lifted off at 8.03pm EDT (0003 GMT Thursday) from the Kennedy Space Centre in Cape Canaveral.\nA SpaceX webcast of the launch showed Isaacman, 38, and his crewmates – Sian Proctor, 51, Hayley Arceneaux, 29, and Chris Sembroski, 42 – strapped into the pressurised cabin of their gleaming white SpaceX Crew Dragon capsule, dubbed Resilience, wearing their helmeted black-and-white flight suits.\nThe capsule roared into the Florida sky perched atop one of the company’s reusable two-stage Falcon 9 rockets and fitted with a special observation dome in place of its usual docking hatch.\nThe flight, the first crewed mission headed to orbit with no professional astronauts along for the ride, is expected to last about three days from launch to splashdown in the Atlantic, mission officials said.\nIt marked the debut flight of SpaceX owner Elon Musk’s new orbital tourism business, and a leap ahead of competitors likewise offering rides on rocket ships to customers willing to pay a small fortune for the exhilaration – and bragging rights - of spaceflight.\nIsaacman has paid an undisclosed sum to fellow billionaire Musk to send himself and his three crewmates aloft. Time magazine has put the ticket price for all four seats at US$200 million (S$268 million).\nThe mission, called Inspiration4, was conceived by Isaacman mainly to raise awareness and support for one of his favorite causes, St. Jude Children's Research Hospital, a leading pediatric cancer center in Memphis, Tennessee.\nInspiration4 is aiming for an orbital altitude of 360 miles (575 km) above Earth, higher than the International Space Station or Hubble Space Telescope. At that height, the Crew Dragon will circle the globe once every 90 minutes at a speed of some 27,360 kph, or roughly 22 times the speed of sound.\nRival companies Virgin Galactic and Blue Origin inaugurated their own private-astronaut services this summer, with their respective founding executives, billionaires Richard Branson and Jeff Bezos, each going along for the ride.\nThose suborbital flights, lasting a matter of minutes, were short hops compared with Inspiration4's spaceflight profile.\nSpaceX already ranks as the most well-established player in the burgeoning constellation of commercial rocket ventures, having launched numerous cargo payloads and astronauts to the International Space Station for NASA. Two of its Dragon capsules are docked there already.\nThe Inspiration4 crew will have no part to play in flying the spacecraft, which will be operated by ground-based flight teams and onboard guidance systems, even though two crew members are licensed pilots.\n\nA SpaceX Falcon 9 with the Crew Dragon capsule is seen before launch at the Kennedy Space Center in Cape Canaveral, Florida, on Sept 15, 2021. PHOTO: REUTERS\nIsaacman, who is rated to fly commercial and military jets, has assumed the role of mission \"commander,\" while Proctor, a geoscientist and former NASA astronaut candidate, has been designated as the mission \"pilot.\" Rounding out the crew are \"chief medical officer\" Arceneaux, a bone cancer survivor turned St. Jude physician assistant, and mission \"specialist\" Sembroski, a US Air Force veteran and aerospace data engineer.\nThe four crewmates have spent five months in rigorous preparations, including altitude fitness, centrifuge (G-force), microgravity and simulator training, emergency drills, classroom work and medical exams.\nInspiration4 officials have said the mission is more than a joyride.\nOnce in orbit, the crew will perform a series of medical experiments with \"potential applications for human health on Earth and during future spaceflights,\" the group said in media materials.\nBiomedical data and biological samples, including ultrasound scans, will also be collected from crew members before, during and after the flight.\n\"The crew of Inspiration4 is eager to use our mission to help make a better future for those who will launch in the years and decades to come,\" Isaacman said in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880550220,"gmtCreate":1631066773760,"gmtModify":1631886553721,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880550220","repostId":"2165685413","repostType":4,"repost":{"id":"2165685413","kind":"news","pubTimestamp":1631058075,"share":"https://www.laohu8.com/m/news/2165685413?lang=&edition=full","pubTime":"2021-09-08 07:41","market":"us","language":"en","title":"After-Hours Stock Movers: NIO,Coupa Software,Coty,UiPath and more","url":"https://stock-news.laohu8.com/highlight/detail?id=2165685413","media":"StreetInsider","summary":"After-Hours Stock Movers:\nNio Inc. (NYSE: NIO) 3.7% LOWER;today announced plans to sell up to $2 bil","content":"<p>After-Hours Stock Movers:</p>\n<p><a href=\"https://laohu8.com/S/NIO\">Nio Inc.</a>&nbsp;(NYSE: NIO) 3.7% LOWER;today&nbsp;announced plans to sell up to $2 billion in fresh U.S. shares.</p>\n<p><a href=\"https://laohu8.com/S/COTY\">Coty Inc.</a> (NYSE: COTY) 8.2% LOWER; today announced the commencement of a registered public secondary offering of 50,000,000 shares of Coty’s outstanding Class A common stock.</p>\n<p><a href=\"https://laohu8.com/S/PATH\">UiPath&nbsp;Inc.</a> (NYSE: PATH) 7.8% LOWER; reported Q2 EPS of $0.01, $0.06 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $195.5 million versus the consensus estimate of $184.41 million. UiPath Inc. sees Q3 2022 revenue of $207-209 million.</p>\n<p><a href=\"https://laohu8.com/S/IMPL\">Impel NeuroPharma, Inc.</a> (NASDAQ: IMPL) 5.7% LOWER; announced that it has commenced an underwritten public offering of 3,000,000 shares of its common stock.</p>\n<p><a href=\"https://laohu8.com/S/COUP\">Coupa Software</a> (NASDAQ: COUP) 5.2% HIGHER; reported Q2 EPS of $0.26, $0.32 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $179.2 million versus the consensus estimate of $162.97 million. Coupa Software sees Q3 2022 EPS of $0.01-$0.03, versus the consensus of ($0.08). Coupa Software sees Q3 2022 revenue of $177-178 million, versus the consensus of $168.8 million. Coupa Software sees FY2022 EPS of $0.27-$0.29, versus the consensus of ($0.15). Coupa Software sees FY2022 revenue of $706-708 million, versus the consensus of $687.2 million.</p>\n<p><a href=\"https://laohu8.com/S/SMAR\">Smartsheet</a> (NYSE: SMAR) 3.6% LOWER; reported Q2 EPS of ($0.05), $0.08 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $131.7 million versus the consensus estimate of $125.51 million. Smartsheet sees FY2022 EPS of ($0.44)-($0.36), versus the consensus of ($0.39). Smartsheet sees FY2022 revenue of $530-533 million, versus the consensus of $514 million.</p>\n<p><a href=\"https://laohu8.com/S/OCDX\">Ortho Clinical Diagnostics</a> (NASDAQ: OCDX) 4.2% LOWER; an affiliate of The Carlyle Group, intends to offer for sale in an underwritten secondary offering 22,000,000 ordinary shares of the Company pursuant to a registration statement filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).</p>\n<p><a href=\"https://laohu8.com/S/BMBL\">Bumble Inc.</a> (Nasdaq: BMBL) 4.7% LOWER; announced today that certain selling stockholders affiliated with Blackstone Inc. have commenced an underwritten public offering of 15,000,000 shares of Bumble’s Class A common stock pursuant to a registration statement filed with the Securities and Exchange Commission.</p>\n<p><a href=\"https://laohu8.com/S/MCFE\">McAfee Corp.</a> (NASDAQ: MCFE) 3.5% LOWER; announced that it has commenced an underwritten public offering of 20,000,000 shares of its Class A common stock by certain selling stockholders.</p>\n<p><a href=\"https://laohu8.com/S/OPCH\">Option Care Health, Inc.</a> (NASDAQ: OPCH) 2.1% LOWER; announced today that an affiliate of Madison Dearborn Partners (the “Selling Stockholder”) has agreed to sell 9,200,000 shares</p>","source":"highlight_streetinsider","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>After-Hours Stock Movers: NIO,Coupa Software,Coty,UiPath and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Stock Movers: NIO,Coupa Software,Coty,UiPath and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 07:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18912854><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:\nNio Inc. (NYSE: NIO) 3.7% LOWER;today announced plans to sell up to $2 billion in fresh U.S. shares.\nCoty Inc. (NYSE: COTY) 8.2% LOWER; today announced the commencement of a ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18912854\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPCH":"Option Care Health Inc","SMAR":"Smartsheet","COTY":"科蒂","IMPL":"Impel NeuroPharma, Inc.","MCFE":"McAfee Corp.","OCDX":"Ortho Clinical Diagnostics Holdings plc","NIO":"蔚来","BMBL":"Bumble Inc.","PATH":"UiPath","COUP":"Coupa Software Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18912854","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165685413","content_text":"After-Hours Stock Movers:\nNio Inc. (NYSE: NIO) 3.7% LOWER;today announced plans to sell up to $2 billion in fresh U.S. shares.\nCoty Inc. (NYSE: COTY) 8.2% LOWER; today announced the commencement of a registered public secondary offering of 50,000,000 shares of Coty’s outstanding Class A common stock.\nUiPath Inc. (NYSE: PATH) 7.8% LOWER; reported Q2 EPS of $0.01, $0.06 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $195.5 million versus the consensus estimate of $184.41 million. UiPath Inc. sees Q3 2022 revenue of $207-209 million.\nImpel NeuroPharma, Inc. (NASDAQ: IMPL) 5.7% LOWER; announced that it has commenced an underwritten public offering of 3,000,000 shares of its common stock.\nCoupa Software (NASDAQ: COUP) 5.2% HIGHER; reported Q2 EPS of $0.26, $0.32 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $179.2 million versus the consensus estimate of $162.97 million. Coupa Software sees Q3 2022 EPS of $0.01-$0.03, versus the consensus of ($0.08). Coupa Software sees Q3 2022 revenue of $177-178 million, versus the consensus of $168.8 million. Coupa Software sees FY2022 EPS of $0.27-$0.29, versus the consensus of ($0.15). Coupa Software sees FY2022 revenue of $706-708 million, versus the consensus of $687.2 million.\nSmartsheet (NYSE: SMAR) 3.6% LOWER; reported Q2 EPS of ($0.05), $0.08 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $131.7 million versus the consensus estimate of $125.51 million. Smartsheet sees FY2022 EPS of ($0.44)-($0.36), versus the consensus of ($0.39). Smartsheet sees FY2022 revenue of $530-533 million, versus the consensus of $514 million.\nOrtho Clinical Diagnostics (NASDAQ: OCDX) 4.2% LOWER; an affiliate of The Carlyle Group, intends to offer for sale in an underwritten secondary offering 22,000,000 ordinary shares of the Company pursuant to a registration statement filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).\nBumble Inc. (Nasdaq: BMBL) 4.7% LOWER; announced today that certain selling stockholders affiliated with Blackstone Inc. have commenced an underwritten public offering of 15,000,000 shares of Bumble’s Class A common stock pursuant to a registration statement filed with the Securities and Exchange Commission.\nMcAfee Corp. (NASDAQ: MCFE) 3.5% LOWER; announced that it has commenced an underwritten public offering of 20,000,000 shares of its Class A common stock by certain selling stockholders.\nOption Care Health, Inc. (NASDAQ: OPCH) 2.1% LOWER; announced today that an affiliate of Madison Dearborn Partners (the “Selling Stockholder”) has agreed to sell 9,200,000 shares","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818388572,"gmtCreate":1630376292496,"gmtModify":1704959349257,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818388572","repostId":"2163839150","repostType":4,"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176768982,"gmtCreate":1626916505746,"gmtModify":1633769783539,"author":{"id":"3570689023160998","authorId":"3570689023160998","name":"您解释看看","avatar":"https://static.tigerbbs.com/534b01f4d9f64217e12e115de2fef0e1","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570689023160998","authorIdStr":"3570689023160998"},"themes":[],"htmlText":"[Observation]&nbsp;[Observation]&nbsp;","listText":"[Observation]&nbsp;[Observation]&nbsp;","text":"[Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/176768982","repostId":"2153640192","repostType":4,"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}