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A_LIUYINGJIA

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2021-05-17

Oops

Coinbase fell more than 7%, falling below the issue price of $250

2021-05-04

Wa

Under Armour rose more than 4% before the market, and its first-quarter results exceeded expectations

2021-05-03

May day..

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2021-04-30

Wow

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2021-02-18

?

Four major reasons to support, there may really be no bubble in U.S. stocks

Go to Tiger App to see more news

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22:03","market":"us","language":"zh","title":"Coinbase fell more than 7%, falling below the issue price of $250","url":"https://stock-news.laohu8.com/highlight/detail?id=1193073364","media":"老虎资讯综合","summary":"5月17日消息，Coinbase跌超7%，现报239.56美元，跌破250美元发行价。比特币今日一度下破43000美元/枚，为2月9日以来首次，截止发稿，比特币报价44929.2美元/枚，跌幅达7.8","content":"<p>News on May 17,<a href=\"https://laohu8.com/S/COIN\">Coinbase</a>It fell more than 7% and is now quoted at $239.56, falling below the issue price of $250. 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Bitcoin once fell below US $43,000 per coin today, the first time since February 9. As of press time, Bitcoin quoted US $44,929.2 per coin, a decrease of 7.89%.</p><p><img src=\"https://static.tigerbbs.com/1bd17fbd00e3756d94bf20e3ec83e7f3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Founded in 2012, Coinbase is one of the largest digital currency exchanges in the world, covering more than 100 countries and regions around the world. Currently, the company has 56 million users. The company's main business is to help investors trade, store or borrow cryptocurrencies.</p><p>In addition, the company also has a self-operated business, that is, buying digital currency and making profits through price changes. The company's main products include Bitcoin and Ethereum. On April 14 this year, the company was listed on Nasdaq under the stock code \"COIN\".</p><p>Foreign media said that the strong market demand for cryptocurrencies such as Bitcoin and Dogecoin will be crucial to the development of Coinbase, because more than 90% of the company's revenue comes from crypto transaction fees.</p><p>After the market closed last week on Thursday, Coinbase reported its first earnings report since going public. The financial report shows that in the first quarter of 2021, the company's total revenue was approximately US $1.8 billion, compared with only US $191 million in the same period last year; Net revenue was $1.6 billion, of which trading revenue was $1.5 billion and subscription and services revenue was $56.4 million; Net profit was US $771 million, an increase of more than 23 times compared with US $31.973 million in the same period last year; Basic earnings per share were $3.8 and diluted earnings per share were $3.05.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193073364","content_text":"5月17日消息，Coinbase跌超7%，现报239.56美元，跌破250美元发行价。比特币今日一度下破43000美元/枚，为2月9日以来首次，截止发稿，比特币报价44929.2美元/枚，跌幅达7.89%Coinbase成立于2012年，是全世界最大的数字货币交易所之一，业务覆盖全球100多个国家和地区。目前，该公司拥有5600万用户。该公司的主营业务是帮助投资人交易、存储或者借入加密货币。此外，该公司也有自营业务，即买入数字货币，通过价格变化牟利，该公司的主要产品包括比特币和以太币。今年4月14日，该公司在纳斯达克挂牌上市，股票代码为“COIN”。外媒称，市场对比特币和狗狗币等加密货币的强劲需求将对Coinbase的发展至关重要，因为该公司90%以上的收入来自加密交易交易费用。上周周四收盘后，Coinbase公布了上市以来的首份财报。财报显示，2021年第一季度，该公司的总营收约为18亿美元，而上年同期仅为1.91亿美元；净营收为16亿美元，其中交易营收为15亿美元，订阅和服务营收为5640万美元；净利润为7.71亿美元，与上年同期的3197.3万美元相比增长超23倍；基本每股收益为3.8美元，摊薄后每股收益为3.05美元。","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106411409,"gmtCreate":1620138763001,"gmtModify":1704339209000,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106411409","repostId":"1131932104","repostType":4,"repost":{"id":"1131932104","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":1620127916,"share":"https://ttm.financial/m/news/1131932104?lang=en_US&edition=fundamental","pubTime":"2021-05-04 19:31","market":"us","language":"zh","title":"Under Armour rose more than 4% before the market, and its first-quarter results exceeded expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1131932104","media":"老虎资讯综合","summary":"5月4日，美国运动服装制造商Under Armour(UAA.N)发布一季度财报：第一季度净营收13亿美元，市场预估11.3亿美元；第一季度调整后每股收益16美分，市场预估4.0美分。公司上调本财年调","content":"<p>On May 4, American sportswear manufacturer Under Armour (UAA.N) released its first-quarter financial report:</p><p>Net revenue in the first quarter was US $1.3 billion, compared with market estimates of US $1.13 billion;</p><p>Adjusted earnings per share for the first quarter were 16 cents, compared with consensus estimates of 4.0 cents.</p><p>The company raised its adjusted earnings per share forecast for the fiscal year.</p><p>As of press time,<a href=\"https://laohu8.com/S/UAA\">Under Armour Corp. Class C Shares</a>It rose more than 4% before the market.</p><p><img src=\"https://static.tigerbbs.com/b640cab5db9acb5336c4ab37f68d8d56\" tg-width=\"600\" tg-height=\"373\" 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>Under Armour rose more than 4% before the market, and its first-quarter results exceeded expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnder Armour rose more than 4% before the market, and its first-quarter results exceeded expectations\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-04 19:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 4, American sportswear manufacturer Under Armour (UAA.N) released its first-quarter financial report:</p><p>Net revenue in the first quarter was US $1.3 billion, compared with market estimates of US $1.13 billion;</p><p>Adjusted earnings per share for the first quarter were 16 cents, compared with consensus estimates of 4.0 cents.</p><p>The company raised its adjusted earnings per share forecast for the fiscal year.</p><p>As of press time,<a href=\"https://laohu8.com/S/UAA\">Under Armour Corp. Class C Shares</a>It rose more than 4% before the market.</p><p><img src=\"https://static.tigerbbs.com/b640cab5db9acb5336c4ab37f68d8d56\" tg-width=\"600\" tg-height=\"373\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/260839a7610abce171f8c299c9b82f7f","relate_stocks":{"UA.C":"Under Armour Class C","UAA":"安德玛公司A类股","UA":"安德玛公司C类股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131932104","content_text":"5月4日，美国运动服装制造商Under Armour(UAA.N)发布一季度财报：第一季度净营收13亿美元，市场预估11.3亿美元；第一季度调整后每股收益16美分，市场预估4.0美分。公司上调本财年调整后每股盈利预期。截至发稿，安德玛公司C类股盘前涨超4%。","news_type":1,"symbols_score_info":{"UA":0.9,"UA.C":0.9,"UAA":0.9}},"isVote":1,"tweetType":1,"viewCount":2316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108794310,"gmtCreate":1620053008230,"gmtModify":1704337977131,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"May day..","listText":"May day..","text":"May day..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/108794310","repostId":"1193618912","repostType":4,"isVote":1,"tweetType":1,"viewCount":2805,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576655834033384","authorId":"3576655834033384","name":"LadyC","avatar":"https://static.tigerbbs.com/3ad9f959f9994b84f8c3d4c43e06d6a5","crmLevel":12,"crmLevelSwitch":0,"idStr":"3576655834033384","authorIdStr":"3576655834033384"},"content":"Thanks for the great sharing.","text":"Thanks for the great sharing.","html":"Thanks for the great sharing."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103516491,"gmtCreate":1619793087413,"gmtModify":1704272483334,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103516491","repostId":"1144793561","repostType":4,"isVote":1,"tweetType":1,"viewCount":1578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384203313,"gmtCreate":1613652917632,"gmtModify":1704883224386,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384203313","repostId":"1198822694","repostType":4,"repost":{"id":"1198822694","kind":"news","pubTimestamp":1613649286,"share":"https://ttm.financial/m/news/1198822694?lang=en_US&edition=fundamental","pubTime":"2021-02-18 19:54","market":"us","language":"zh","title":"Four major reasons to support, there may really be no bubble in U.S. stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1198822694","media":"腾讯美股","summary":"根据著名的“巴菲特指标”，美股当下的估值已经达到了历史最高点，泡沫的气息已经非常浓烈了，可是市场却依然在持续上涨，丝毫不见泡沫破灭的样子，那么，投资者到底该何去何从？\n\n腾讯证券讯 根据著名的“巴菲特","content":"<p><i>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of a bubble is already very strong, but the market is still rising, and there is no sign of a bubble bursting. So, where should investors go from here?</i><a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of bubbles has been very strong, but the market is still rising, and there is no appearance of a bubble bursting. So, investors Where should we go from here?</p><p>The so-called Buffett indicator, in short, compares the total market capitalization of the Wilshire 5000 Index (the broadest market indicator existing in the United States) with the gross domestic product. Historical data shows that the long-term level of the stock market-to-GDP ratio is 74%, but now, this figure exceeds 160%, setting a record high. Regarding valuation, there is also the so-called \"Tobin's Q ratio\", which was proposed by James Tobin, the Nobel Prize winner in economics. Comparing the company's stock price with the replacement cost, this indicator came to 2.33 at the end of December, which is also a new high in history.</p><p><b>Old indicators meet new realities</b></p><p>However, many market observers emphasize that comparing the historical average figures of these valuation indicators with today's levels is itself a donkey's lip. Guy Mineault, a retired economics professor, explained that one of the bases for these bullish U.S. stocks is that the total number of stocks in the U.S. stock market is actually showing a continuous downward trend. For example, in 1996, there were a total of 8,090 stocks on the market, and by the end of 2019, it had decreased to 4,744. \"Assuming that the total amount of funds invested in the U.S. stock market in 1996 and now is the same, but the total number of stocks has decreased by nearly half, then it is completely reasonable that the prices of the still existing stocks have roughly doubled.\"</p><p>Other observers pointed out that governments in many countries are now forcing enterprises to set up retirement funds for their employees, which means that a considerable amount of money continues to flow into the stock market every year. As mentioned earlier, the number of stocks is still decreasing, which makes its price only rise in one possible direction. Minot said: \"Many economists even think that the stock market is actually undervalued, not the other way around.\"</p><p><b>The impact of the pandemic</b></p><p>Peter Tsakiris, president of Whitemont Financial Services, pointed out: \"It is simply impossible for us to evaluate the stock price of a company based on its 2021 profit expectations, because the epidemic has changed everything, and the numbers in 2021 can no longer be normal. Therefore, investors have actually turned their attention to 2022, which will be a full year of continuous growth. In other words, investors have put the epidemic period in brackets and no longer consider it, but are waiting for future profits.\"</p><p>Sakiris said that if everyone expects the S&P 500 index to earn $170 per share in 2022, the corresponding P/E is actually only 22.3. \"Although such a reading exceeds the historical average of about 16, it also depends on the specific situation. For example, most of the time in history, interest rates were much higher than they are now.\"</p><p>In fact, another important reason why proponents of high valuations give them rationality is interest rates. Yanick Desnoyers, vice president of ddenda Capital and senior economics prize, pointed out: \"Now, bond yield expectations are so low, and this naturally leads to high stock valuations.\"</p><p>\"Stocks may be expensive, but bonds are even more overvalued,\" said Richard Guay, a finance professor at the University of Montreal in Quebec. \"If you buy 30-year government bonds now, you are locking yourself in very low returns for the next 30 years, he explains. On the contrary, if you choose stocks, you can earn 3% to 4% of Dividend every year in addition to the possibility of price appreciation. Because of this, many institutional investors who used to focus on bonds are now turning to stocks.\"</p><p><b>Strong demand</b></p><p>Desnovos pointed out that there are two other factors that help U.S. stocks maintain high valuations. The first factor is the profits of American companies, which surprised many when they ended the third quarter of last year with profits higher than before the pandemic. Before the outbreak, the total profit of American companies was US $1.82 trillion, but after the outbreak, it actually reached US $2.32 trillion.</p><p>At the same time, the market still believes to a large extent that once the epidemic is declared over, a wave of long-suppressed consumer demand will erupt, which is naturally beneficial to corporate profits and even stock prices. During the epidemic, the economic data of the rising savings rate in the United States can also be regarded as a certain endorsement of this view.</p><p><b>Adequate funding</b></p><p>So, is the U.S. stock market in a bubble now? In fact, many experts are somewhat confused now. \"I think the stock price is too expensive,\" Guay said. \"But, at least for now, I don't dare to say that a bubble has formed.\" Sakiris believes that certain stocks such as<a href=\"https://laohu8.com/S/ZM\">Zoom</a>And<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, there has indeed been a bubble now, but as far as the U.S. stock market as a whole is concerned, there is no bubble yet. \"I am still optimistic about the continued rise of the stock market, although we also expect some small-scale setbacks. At least one thing is certain here, that is, the market is full of liquidity, so these setbacks Under normal circumstances, investors will see them as buying opportunities.\"</p><p>The ultra-low interest rates of central banks and the massive liquidity injected by quantitative easing policies are actually a very critical element, and their impact will exist for a long time. \"These printed banknotes are everywhere, which means that we will hit inflation head-on sooner or later, and by then, interest rates will be forced to rise to 4% or 5%. This will do damage to stocks or bonds, but this scene will not become a reality in the short term.\"</p>","source":"txmg","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>Four major reasons to support, there may really be no bubble in U.S. stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFour major reasons to support, there may really be no bubble in U.S. stocks\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯美股</strong><span class=\"h-time small\">2021-02-18 19:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of a bubble is already very strong, but the market is still rising, and there is no sign of a bubble bursting. So, where should investors go from here?</i><a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of bubbles has been very strong, but the market is still rising, and there is no appearance of a bubble bursting. So, investors Where should we go from here?</p><p>The so-called Buffett indicator, in short, compares the total market capitalization of the Wilshire 5000 Index (the broadest market indicator existing in the United States) with the gross domestic product. Historical data shows that the long-term level of the stock market-to-GDP ratio is 74%, but now, this figure exceeds 160%, setting a record high. Regarding valuation, there is also the so-called \"Tobin's Q ratio\", which was proposed by James Tobin, the Nobel Prize winner in economics. Comparing the company's stock price with the replacement cost, this indicator came to 2.33 at the end of December, which is also a new high in history.</p><p><b>Old indicators meet new realities</b></p><p>However, many market observers emphasize that comparing the historical average figures of these valuation indicators with today's levels is itself a donkey's lip. Guy Mineault, a retired economics professor, explained that one of the bases for these bullish U.S. stocks is that the total number of stocks in the U.S. stock market is actually showing a continuous downward trend. For example, in 1996, there were a total of 8,090 stocks on the market, and by the end of 2019, it had decreased to 4,744. \"Assuming that the total amount of funds invested in the U.S. stock market in 1996 and now is the same, but the total number of stocks has decreased by nearly half, then it is completely reasonable that the prices of the still existing stocks have roughly doubled.\"</p><p>Other observers pointed out that governments in many countries are now forcing enterprises to set up retirement funds for their employees, which means that a considerable amount of money continues to flow into the stock market every year. As mentioned earlier, the number of stocks is still decreasing, which makes its price only rise in one possible direction. Minot said: \"Many economists even think that the stock market is actually undervalued, not the other way around.\"</p><p><b>The impact of the pandemic</b></p><p>Peter Tsakiris, president of Whitemont Financial Services, pointed out: \"It is simply impossible for us to evaluate the stock price of a company based on its 2021 profit expectations, because the epidemic has changed everything, and the numbers in 2021 can no longer be normal. Therefore, investors have actually turned their attention to 2022, which will be a full year of continuous growth. In other words, investors have put the epidemic period in brackets and no longer consider it, but are waiting for future profits.\"</p><p>Sakiris said that if everyone expects the S&P 500 index to earn $170 per share in 2022, the corresponding P/E is actually only 22.3. \"Although such a reading exceeds the historical average of about 16, it also depends on the specific situation. For example, most of the time in history, interest rates were much higher than they are now.\"</p><p>In fact, another important reason why proponents of high valuations give them rationality is interest rates. Yanick Desnoyers, vice president of ddenda Capital and senior economics prize, pointed out: \"Now, bond yield expectations are so low, and this naturally leads to high stock valuations.\"</p><p>\"Stocks may be expensive, but bonds are even more overvalued,\" said Richard Guay, a finance professor at the University of Montreal in Quebec. \"If you buy 30-year government bonds now, you are locking yourself in very low returns for the next 30 years, he explains. On the contrary, if you choose stocks, you can earn 3% to 4% of Dividend every year in addition to the possibility of price appreciation. Because of this, many institutional investors who used to focus on bonds are now turning to stocks.\"</p><p><b>Strong demand</b></p><p>Desnovos pointed out that there are two other factors that help U.S. stocks maintain high valuations. The first factor is the profits of American companies, which surprised many when they ended the third quarter of last year with profits higher than before the pandemic. Before the outbreak, the total profit of American companies was US $1.82 trillion, but after the outbreak, it actually reached US $2.32 trillion.</p><p>At the same time, the market still believes to a large extent that once the epidemic is declared over, a wave of long-suppressed consumer demand will erupt, which is naturally beneficial to corporate profits and even stock prices. During the epidemic, the economic data of the rising savings rate in the United States can also be regarded as a certain endorsement of this view.</p><p><b>Adequate funding</b></p><p>So, is the U.S. stock market in a bubble now? In fact, many experts are somewhat confused now. \"I think the stock price is too expensive,\" Guay said. \"But, at least for now, I don't dare to say that a bubble has formed.\" Sakiris believes that certain stocks such as<a href=\"https://laohu8.com/S/ZM\">Zoom</a>And<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, there has indeed been a bubble now, but as far as the U.S. stock market as a whole is concerned, there is no bubble yet. \"I am still optimistic about the continued rise of the stock market, although we also expect some small-scale setbacks. At least one thing is certain here, that is, the market is full of liquidity, so these setbacks Under normal circumstances, investors will see them as buying opportunities.\"</p><p>The ultra-low interest rates of central banks and the massive liquidity injected by quantitative easing policies are actually a very critical element, and their impact will exist for a long time. \"These printed banknotes are everywhere, which means that we will hit inflation head-on sooner or later, and by then, interest rates will be forced to rise to 4% or 5%. This will do damage to stocks or bonds, but this scene will not become a reality in the short term.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/TxgBcyYj3GNceu0MJNzgCw\">腾讯美股</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://mp.weixin.qq.com/s/TxgBcyYj3GNceu0MJNzgCw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198822694","content_text":"根据著名的“巴菲特指标”，美股当下的估值已经达到了历史最高点，泡沫的气息已经非常浓烈了，可是市场却依然在持续上涨，丝毫不见泡沫破灭的样子，那么，投资者到底该何去何从？\n\n腾讯证券讯 根据著名的“巴菲特指标”，美股当下的估值已经达到了历史最高点，泡沫的气息已经非常浓烈了，可是市场却依然在持续上涨，丝毫不见泡沫破灭的样子，那么，投资者到底该何去何从？\n所谓巴菲特指标，简而言之就是将威尔夏5000指数（美国已有的最广泛大盘指标）的总市值与国内生产总值进行比较。历史数据显示，股市对GDP比率的长期水平是74%，而现在，这一数字却超过了160%，创下历史最高纪录。关于估值，还有所谓“托宾的Q比率”，由获得诺贝尔经济学奖的大家托宾（James Tobin）提出，即将企业股价与重置成本相比，这一指标12月底时就来到了2.33，同样是史上新高。\n旧指标遇到新现实\n不过，也有许多市场观察家强调，将这些估值指标的历史平均数字拿来和今日的水平进行对比，本身就是驴唇不对马嘴。退休经济学教授米诺特（Guy Mineault）解释说，这些美股牛派的根据之一就在于，美股市场上的股票总数量其实是呈现持续下滑趋势的，比如1996年时，市场上有股票总计8090只，而到了2019年底，已经减少到了4744只。“假设1996年和现在，投入到美股市场上的资金总量是一致的，但是股票的总数却减少了接近一半，那么依然存在的股票，其价格大致翻一番，其实也是完全说得过去的。”\n还有一些观察家指出，现在许多国家的政府都在强迫企业为自己的员工建立退休基金，而这就意味着每年都会有数量可观的资金持续流入股市，而如前所述，股票的数量还在减少，这就使得其价格更是唯有上涨一个可能的方向。米诺特表示：“许多经济学家甚至认为，股市实际上是被低估了，而非相反。”\n疫情的影响\nWhitemont Financial Services 总裁萨基里斯（Peter Tsakiris）指出：“我们现在根本不可能根据企业2021年的盈利预期去评估其股票价格，因为疫情改变了一切，2021年的数字已经不可能正常了。因此，投资者其实已经将视线转向了2022年，这将是一个持续增长的全年。换言之，投资者已经将疫情时期划入了括号，不再予以考虑，而是等待着未来的利润。”\n萨基里斯表示，如果大家预计标普500指数2022年的每股盈利为170美元，则相应的市盈率其实也不过是22.3。“这样的一个读数虽然是超过了大约16的历史平均水平，但是这也要看具体情况，比如历史上的大多数时候，利率可都要比现在高得多。”\n事实上，高估值的支持者赋予其合理性的另外一个重要理由正是利率。ddenda Capital副总裁、高级经济学奖德斯诺佛斯（Yanick Desnoyers）指出：“现在，债券收益率的预期是如此之低，而这自然就会导致股票估值高企。”\n魁北克蒙特利尔大学金融学教授瓜伊（Richard Guay）表示：“股票或许称得上昂贵，但是债券高估才更加严重。”他解释道：“如果你现在购买三十年期政府债券，就等于将自己的未来三十年锁定在很低的回报当中。相反，如果你选择股票，除了价格增值的可能性之外，你还可以每年获得3%到4%的股息。正因为如此，许多以前都以债券投资为主的机构投资者，现在都纷纷转向了股票。”\n需求旺盛\n德斯诺佛斯指出，此外还有两个因素在帮助美股维持着高估值。第一个因素是美国企业的利润，去年第三季度结束时，利润竟然要比疫情爆发前还高，让许多人都大吃一惊。疫情爆发前的美国企业总利润是1.82万亿美元，而疫情爆发后居然来到了2.32万亿美元。\n与此同时，市场还在很大程度上相信，一旦疫情宣告结束，将有一波压抑已久的消费需求爆发出来，而这自然也是企业利润，乃至股价的利好。疫情期间，美国储蓄率上升的经济数据也可以算作是为这种观点做出了一定的背书。\n充足的资金\n那么，美股现在到底算不算是在泡沫当中呢？其实很多专家现在也多少感到困惑。“我认为股价过于昂贵了。”瓜伊表示，“可是，至少到现在，我还不敢说泡沫已经形成。”萨基里斯则认为，一些特定股票如Zoom和特斯拉，现在确实已经出现了泡沫，但是就美股大盘整体而言，目前还谈不到泡沫。“我对于股市的持续上涨，目前依然持乐观的态度，尽管我们也预计会有一些小规模的回挫发生。这里至少有一点可以肯定，那就是市场上到处都是流动性，因此这些回挫正常情况下都会被投资者看作是买入的机会。”\n各国央行超低利率和量化宽松政策注入的海量流动性，其实是个非常关键的元素，其影响将长期存在。“这些印刷出来的钞票无处不在，这就意味着，我们未来迟早会迎头撞上通货膨胀，而到了那时，利率就将被迫上调，达到4%或者5%。这无论对股票还是债券的行情都会造成损害，只不过，这一幕短期之内还不会成为现实。”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":108794310,"gmtCreate":1620053008230,"gmtModify":1704337977131,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"May day..","listText":"May day..","text":"May day..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/108794310","repostId":"1193618912","repostType":4,"isVote":1,"tweetType":1,"viewCount":2805,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576655834033384","authorId":"3576655834033384","name":"LadyC","avatar":"https://static.tigerbbs.com/3ad9f959f9994b84f8c3d4c43e06d6a5","crmLevel":12,"crmLevelSwitch":0,"idStr":"3576655834033384","authorIdStr":"3576655834033384"},"content":"Thanks for the great sharing.","text":"Thanks for the great sharing.","html":"Thanks for the great sharing."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384203313,"gmtCreate":1613652917632,"gmtModify":1704883224386,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384203313","repostId":"1198822694","repostType":4,"repost":{"id":"1198822694","kind":"news","pubTimestamp":1613649286,"share":"https://ttm.financial/m/news/1198822694?lang=en_US&edition=fundamental","pubTime":"2021-02-18 19:54","market":"us","language":"zh","title":"Four major reasons to support, there may really be no bubble in U.S. stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1198822694","media":"腾讯美股","summary":"根据著名的“巴菲特指标”，美股当下的估值已经达到了历史最高点，泡沫的气息已经非常浓烈了，可是市场却依然在持续上涨，丝毫不见泡沫破灭的样子，那么，投资者到底该何去何从？\n\n腾讯证券讯 根据著名的“巴菲特","content":"<p><i>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of a bubble is already very strong, but the market is still rising, and there is no sign of a bubble bursting. So, where should investors go from here?</i><a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of bubbles has been very strong, but the market is still rising, and there is no appearance of a bubble bursting. So, investors Where should we go from here?</p><p>The so-called Buffett indicator, in short, compares the total market capitalization of the Wilshire 5000 Index (the broadest market indicator existing in the United States) with the gross domestic product. Historical data shows that the long-term level of the stock market-to-GDP ratio is 74%, but now, this figure exceeds 160%, setting a record high. Regarding valuation, there is also the so-called \"Tobin's Q ratio\", which was proposed by James Tobin, the Nobel Prize winner in economics. Comparing the company's stock price with the replacement cost, this indicator came to 2.33 at the end of December, which is also a new high in history.</p><p><b>Old indicators meet new realities</b></p><p>However, many market observers emphasize that comparing the historical average figures of these valuation indicators with today's levels is itself a donkey's lip. Guy Mineault, a retired economics professor, explained that one of the bases for these bullish U.S. stocks is that the total number of stocks in the U.S. stock market is actually showing a continuous downward trend. For example, in 1996, there were a total of 8,090 stocks on the market, and by the end of 2019, it had decreased to 4,744. \"Assuming that the total amount of funds invested in the U.S. stock market in 1996 and now is the same, but the total number of stocks has decreased by nearly half, then it is completely reasonable that the prices of the still existing stocks have roughly doubled.\"</p><p>Other observers pointed out that governments in many countries are now forcing enterprises to set up retirement funds for their employees, which means that a considerable amount of money continues to flow into the stock market every year. As mentioned earlier, the number of stocks is still decreasing, which makes its price only rise in one possible direction. Minot said: \"Many economists even think that the stock market is actually undervalued, not the other way around.\"</p><p><b>The impact of the pandemic</b></p><p>Peter Tsakiris, president of Whitemont Financial Services, pointed out: \"It is simply impossible for us to evaluate the stock price of a company based on its 2021 profit expectations, because the epidemic has changed everything, and the numbers in 2021 can no longer be normal. Therefore, investors have actually turned their attention to 2022, which will be a full year of continuous growth. In other words, investors have put the epidemic period in brackets and no longer consider it, but are waiting for future profits.\"</p><p>Sakiris said that if everyone expects the S&P 500 index to earn $170 per share in 2022, the corresponding P/E is actually only 22.3. \"Although such a reading exceeds the historical average of about 16, it also depends on the specific situation. For example, most of the time in history, interest rates were much higher than they are now.\"</p><p>In fact, another important reason why proponents of high valuations give them rationality is interest rates. Yanick Desnoyers, vice president of ddenda Capital and senior economics prize, pointed out: \"Now, bond yield expectations are so low, and this naturally leads to high stock valuations.\"</p><p>\"Stocks may be expensive, but bonds are even more overvalued,\" said Richard Guay, a finance professor at the University of Montreal in Quebec. \"If you buy 30-year government bonds now, you are locking yourself in very low returns for the next 30 years, he explains. On the contrary, if you choose stocks, you can earn 3% to 4% of Dividend every year in addition to the possibility of price appreciation. Because of this, many institutional investors who used to focus on bonds are now turning to stocks.\"</p><p><b>Strong demand</b></p><p>Desnovos pointed out that there are two other factors that help U.S. stocks maintain high valuations. The first factor is the profits of American companies, which surprised many when they ended the third quarter of last year with profits higher than before the pandemic. Before the outbreak, the total profit of American companies was US $1.82 trillion, but after the outbreak, it actually reached US $2.32 trillion.</p><p>At the same time, the market still believes to a large extent that once the epidemic is declared over, a wave of long-suppressed consumer demand will erupt, which is naturally beneficial to corporate profits and even stock prices. During the epidemic, the economic data of the rising savings rate in the United States can also be regarded as a certain endorsement of this view.</p><p><b>Adequate funding</b></p><p>So, is the U.S. stock market in a bubble now? In fact, many experts are somewhat confused now. \"I think the stock price is too expensive,\" Guay said. \"But, at least for now, I don't dare to say that a bubble has formed.\" Sakiris believes that certain stocks such as<a href=\"https://laohu8.com/S/ZM\">Zoom</a>And<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, there has indeed been a bubble now, but as far as the U.S. stock market as a whole is concerned, there is no bubble yet. \"I am still optimistic about the continued rise of the stock market, although we also expect some small-scale setbacks. At least one thing is certain here, that is, the market is full of liquidity, so these setbacks Under normal circumstances, investors will see them as buying opportunities.\"</p><p>The ultra-low interest rates of central banks and the massive liquidity injected by quantitative easing policies are actually a very critical element, and their impact will exist for a long time. \"These printed banknotes are everywhere, which means that we will hit inflation head-on sooner or later, and by then, interest rates will be forced to rise to 4% or 5%. This will do damage to stocks or bonds, but this scene will not become a reality in the short term.\"</p>","source":"txmg","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>Four major reasons to support, there may really be no bubble in U.S. stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFour major reasons to support, there may really be no bubble in U.S. stocks\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯美股</strong><span class=\"h-time small\">2021-02-18 19:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of a bubble is already very strong, but the market is still rising, and there is no sign of a bubble bursting. So, where should investors go from here?</i><a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the famous \"Buffett Indicator\", the current valuation of U.S. stocks has reached an all-time high, and the breath of bubbles has been very strong, but the market is still rising, and there is no appearance of a bubble bursting. So, investors Where should we go from here?</p><p>The so-called Buffett indicator, in short, compares the total market capitalization of the Wilshire 5000 Index (the broadest market indicator existing in the United States) with the gross domestic product. Historical data shows that the long-term level of the stock market-to-GDP ratio is 74%, but now, this figure exceeds 160%, setting a record high. Regarding valuation, there is also the so-called \"Tobin's Q ratio\", which was proposed by James Tobin, the Nobel Prize winner in economics. Comparing the company's stock price with the replacement cost, this indicator came to 2.33 at the end of December, which is also a new high in history.</p><p><b>Old indicators meet new realities</b></p><p>However, many market observers emphasize that comparing the historical average figures of these valuation indicators with today's levels is itself a donkey's lip. Guy Mineault, a retired economics professor, explained that one of the bases for these bullish U.S. stocks is that the total number of stocks in the U.S. stock market is actually showing a continuous downward trend. For example, in 1996, there were a total of 8,090 stocks on the market, and by the end of 2019, it had decreased to 4,744. \"Assuming that the total amount of funds invested in the U.S. stock market in 1996 and now is the same, but the total number of stocks has decreased by nearly half, then it is completely reasonable that the prices of the still existing stocks have roughly doubled.\"</p><p>Other observers pointed out that governments in many countries are now forcing enterprises to set up retirement funds for their employees, which means that a considerable amount of money continues to flow into the stock market every year. As mentioned earlier, the number of stocks is still decreasing, which makes its price only rise in one possible direction. Minot said: \"Many economists even think that the stock market is actually undervalued, not the other way around.\"</p><p><b>The impact of the pandemic</b></p><p>Peter Tsakiris, president of Whitemont Financial Services, pointed out: \"It is simply impossible for us to evaluate the stock price of a company based on its 2021 profit expectations, because the epidemic has changed everything, and the numbers in 2021 can no longer be normal. Therefore, investors have actually turned their attention to 2022, which will be a full year of continuous growth. In other words, investors have put the epidemic period in brackets and no longer consider it, but are waiting for future profits.\"</p><p>Sakiris said that if everyone expects the S&P 500 index to earn $170 per share in 2022, the corresponding P/E is actually only 22.3. \"Although such a reading exceeds the historical average of about 16, it also depends on the specific situation. For example, most of the time in history, interest rates were much higher than they are now.\"</p><p>In fact, another important reason why proponents of high valuations give them rationality is interest rates. Yanick Desnoyers, vice president of ddenda Capital and senior economics prize, pointed out: \"Now, bond yield expectations are so low, and this naturally leads to high stock valuations.\"</p><p>\"Stocks may be expensive, but bonds are even more overvalued,\" said Richard Guay, a finance professor at the University of Montreal in Quebec. \"If you buy 30-year government bonds now, you are locking yourself in very low returns for the next 30 years, he explains. On the contrary, if you choose stocks, you can earn 3% to 4% of Dividend every year in addition to the possibility of price appreciation. Because of this, many institutional investors who used to focus on bonds are now turning to stocks.\"</p><p><b>Strong demand</b></p><p>Desnovos pointed out that there are two other factors that help U.S. stocks maintain high valuations. The first factor is the profits of American companies, which surprised many when they ended the third quarter of last year with profits higher than before the pandemic. Before the outbreak, the total profit of American companies was US $1.82 trillion, but after the outbreak, it actually reached US $2.32 trillion.</p><p>At the same time, the market still believes to a large extent that once the epidemic is declared over, a wave of long-suppressed consumer demand will erupt, which is naturally beneficial to corporate profits and even stock prices. During the epidemic, the economic data of the rising savings rate in the United States can also be regarded as a certain endorsement of this view.</p><p><b>Adequate funding</b></p><p>So, is the U.S. stock market in a bubble now? In fact, many experts are somewhat confused now. \"I think the stock price is too expensive,\" Guay said. \"But, at least for now, I don't dare to say that a bubble has formed.\" Sakiris believes that certain stocks such as<a href=\"https://laohu8.com/S/ZM\">Zoom</a>And<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, there has indeed been a bubble now, but as far as the U.S. stock market as a whole is concerned, there is no bubble yet. \"I am still optimistic about the continued rise of the stock market, although we also expect some small-scale setbacks. At least one thing is certain here, that is, the market is full of liquidity, so these setbacks Under normal circumstances, investors will see them as buying opportunities.\"</p><p>The ultra-low interest rates of central banks and the massive liquidity injected by quantitative easing policies are actually a very critical element, and their impact will exist for a long time. \"These printed banknotes are everywhere, which means that we will hit inflation head-on sooner or later, and by then, interest rates will be forced to rise to 4% or 5%. This will do damage to stocks or bonds, but this scene will not become a reality in the short term.\"</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/TxgBcyYj3GNceu0MJNzgCw\">腾讯美股</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://mp.weixin.qq.com/s/TxgBcyYj3GNceu0MJNzgCw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198822694","content_text":"根据著名的“巴菲特指标”，美股当下的估值已经达到了历史最高点，泡沫的气息已经非常浓烈了，可是市场却依然在持续上涨，丝毫不见泡沫破灭的样子，那么，投资者到底该何去何从？\n\n腾讯证券讯 根据著名的“巴菲特指标”，美股当下的估值已经达到了历史最高点，泡沫的气息已经非常浓烈了，可是市场却依然在持续上涨，丝毫不见泡沫破灭的样子，那么，投资者到底该何去何从？\n所谓巴菲特指标，简而言之就是将威尔夏5000指数（美国已有的最广泛大盘指标）的总市值与国内生产总值进行比较。历史数据显示，股市对GDP比率的长期水平是74%，而现在，这一数字却超过了160%，创下历史最高纪录。关于估值，还有所谓“托宾的Q比率”，由获得诺贝尔经济学奖的大家托宾（James Tobin）提出，即将企业股价与重置成本相比，这一指标12月底时就来到了2.33，同样是史上新高。\n旧指标遇到新现实\n不过，也有许多市场观察家强调，将这些估值指标的历史平均数字拿来和今日的水平进行对比，本身就是驴唇不对马嘴。退休经济学教授米诺特（Guy Mineault）解释说，这些美股牛派的根据之一就在于，美股市场上的股票总数量其实是呈现持续下滑趋势的，比如1996年时，市场上有股票总计8090只，而到了2019年底，已经减少到了4744只。“假设1996年和现在，投入到美股市场上的资金总量是一致的，但是股票的总数却减少了接近一半，那么依然存在的股票，其价格大致翻一番，其实也是完全说得过去的。”\n还有一些观察家指出，现在许多国家的政府都在强迫企业为自己的员工建立退休基金，而这就意味着每年都会有数量可观的资金持续流入股市，而如前所述，股票的数量还在减少，这就使得其价格更是唯有上涨一个可能的方向。米诺特表示：“许多经济学家甚至认为，股市实际上是被低估了，而非相反。”\n疫情的影响\nWhitemont Financial Services 总裁萨基里斯（Peter Tsakiris）指出：“我们现在根本不可能根据企业2021年的盈利预期去评估其股票价格，因为疫情改变了一切，2021年的数字已经不可能正常了。因此，投资者其实已经将视线转向了2022年，这将是一个持续增长的全年。换言之，投资者已经将疫情时期划入了括号，不再予以考虑，而是等待着未来的利润。”\n萨基里斯表示，如果大家预计标普500指数2022年的每股盈利为170美元，则相应的市盈率其实也不过是22.3。“这样的一个读数虽然是超过了大约16的历史平均水平，但是这也要看具体情况，比如历史上的大多数时候，利率可都要比现在高得多。”\n事实上，高估值的支持者赋予其合理性的另外一个重要理由正是利率。ddenda Capital副总裁、高级经济学奖德斯诺佛斯（Yanick Desnoyers）指出：“现在，债券收益率的预期是如此之低，而这自然就会导致股票估值高企。”\n魁北克蒙特利尔大学金融学教授瓜伊（Richard Guay）表示：“股票或许称得上昂贵，但是债券高估才更加严重。”他解释道：“如果你现在购买三十年期政府债券，就等于将自己的未来三十年锁定在很低的回报当中。相反，如果你选择股票，除了价格增值的可能性之外，你还可以每年获得3%到4%的股息。正因为如此，许多以前都以债券投资为主的机构投资者，现在都纷纷转向了股票。”\n需求旺盛\n德斯诺佛斯指出，此外还有两个因素在帮助美股维持着高估值。第一个因素是美国企业的利润，去年第三季度结束时，利润竟然要比疫情爆发前还高，让许多人都大吃一惊。疫情爆发前的美国企业总利润是1.82万亿美元，而疫情爆发后居然来到了2.32万亿美元。\n与此同时，市场还在很大程度上相信，一旦疫情宣告结束，将有一波压抑已久的消费需求爆发出来，而这自然也是企业利润，乃至股价的利好。疫情期间，美国储蓄率上升的经济数据也可以算作是为这种观点做出了一定的背书。\n充足的资金\n那么，美股现在到底算不算是在泡沫当中呢？其实很多专家现在也多少感到困惑。“我认为股价过于昂贵了。”瓜伊表示，“可是，至少到现在，我还不敢说泡沫已经形成。”萨基里斯则认为，一些特定股票如Zoom和特斯拉，现在确实已经出现了泡沫，但是就美股大盘整体而言，目前还谈不到泡沫。“我对于股市的持续上涨，目前依然持乐观的态度，尽管我们也预计会有一些小规模的回挫发生。这里至少有一点可以肯定，那就是市场上到处都是流动性，因此这些回挫正常情况下都会被投资者看作是买入的机会。”\n各国央行超低利率和量化宽松政策注入的海量流动性，其实是个非常关键的元素，其影响将长期存在。“这些印刷出来的钞票无处不在，这就意味着，我们未来迟早会迎头撞上通货膨胀，而到了那时，利率就将被迫上调，达到4%或者5%。这无论对股票还是债券的行情都会造成损害，只不过，这一幕短期之内还不会成为现实。”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195199987,"gmtCreate":1621260680549,"gmtModify":1704354819217,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"Oops","listText":"Oops","text":"Oops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195199987","repostId":"1193073364","repostType":4,"repost":{"id":"1193073364","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":1621260202,"share":"https://ttm.financial/m/news/1193073364?lang=en_US&edition=fundamental","pubTime":"2021-05-17 22:03","market":"us","language":"zh","title":"Coinbase fell more than 7%, falling below the issue price of $250","url":"https://stock-news.laohu8.com/highlight/detail?id=1193073364","media":"老虎资讯综合","summary":"5月17日消息，Coinbase跌超7%，现报239.56美元，跌破250美元发行价。比特币今日一度下破43000美元/枚，为2月9日以来首次，截止发稿，比特币报价44929.2美元/枚，跌幅达7.8","content":"<p>News on May 17,<a href=\"https://laohu8.com/S/COIN\">Coinbase</a>It fell more than 7% and is now quoted at $239.56, falling below the issue price of $250. Bitcoin once fell below US $43,000 per coin today, the first time since February 9. As of press time, Bitcoin quoted US $44,929.2 per coin, a decrease of 7.89%.</p><p><img src=\"https://static.tigerbbs.com/1bd17fbd00e3756d94bf20e3ec83e7f3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Founded in 2012, Coinbase is one of the largest digital currency exchanges in the world, covering more than 100 countries and regions around the world. Currently, the company has 56 million users. The company's main business is to help investors trade, store or borrow cryptocurrencies.</p><p>In addition, the company also has a self-operated business, that is, buying digital currency and making profits through price changes. The company's main products include Bitcoin and Ethereum. On April 14 this year, the company was listed on Nasdaq under the stock code \"COIN\".</p><p>Foreign media said that the strong market demand for cryptocurrencies such as Bitcoin and Dogecoin will be crucial to the development of Coinbase, because more than 90% of the company's revenue comes from crypto transaction fees.</p><p>After the market closed last week on Thursday, Coinbase reported its first earnings report since going public. The financial report shows that in the first quarter of 2021, the company's total revenue was approximately US $1.8 billion, compared with only US $191 million in the same period last year; Net revenue was $1.6 billion, of which trading revenue was $1.5 billion and subscription and services revenue was $56.4 million; Net profit was US $771 million, an increase of more than 23 times compared with US $31.973 million in the same period last year; Basic earnings per share were $3.8 and diluted earnings per share were $3.05.</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>Coinbase fell more than 7%, falling below the issue price of $250</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase fell more than 7%, falling below the issue price of $250\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-17 22:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>News on May 17,<a href=\"https://laohu8.com/S/COIN\">Coinbase</a>It fell more than 7% and is now quoted at $239.56, falling below the issue price of $250. Bitcoin once fell below US $43,000 per coin today, the first time since February 9. As of press time, Bitcoin quoted US $44,929.2 per coin, a decrease of 7.89%.</p><p><img src=\"https://static.tigerbbs.com/1bd17fbd00e3756d94bf20e3ec83e7f3\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Founded in 2012, Coinbase is one of the largest digital currency exchanges in the world, covering more than 100 countries and regions around the world. Currently, the company has 56 million users. The company's main business is to help investors trade, store or borrow cryptocurrencies.</p><p>In addition, the company also has a self-operated business, that is, buying digital currency and making profits through price changes. The company's main products include Bitcoin and Ethereum. On April 14 this year, the company was listed on Nasdaq under the stock code \"COIN\".</p><p>Foreign media said that the strong market demand for cryptocurrencies such as Bitcoin and Dogecoin will be crucial to the development of Coinbase, because more than 90% of the company's revenue comes from crypto transaction fees.</p><p>After the market closed last week on Thursday, Coinbase reported its first earnings report since going public. The financial report shows that in the first quarter of 2021, the company's total revenue was approximately US $1.8 billion, compared with only US $191 million in the same period last year; Net revenue was $1.6 billion, of which trading revenue was $1.5 billion and subscription and services revenue was $56.4 million; Net profit was US $771 million, an increase of more than 23 times compared with US $31.973 million in the same period last year; Basic earnings per share were $3.8 and diluted earnings per share were $3.05.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193073364","content_text":"5月17日消息，Coinbase跌超7%，现报239.56美元，跌破250美元发行价。比特币今日一度下破43000美元/枚，为2月9日以来首次，截止发稿，比特币报价44929.2美元/枚，跌幅达7.89%Coinbase成立于2012年，是全世界最大的数字货币交易所之一，业务覆盖全球100多个国家和地区。目前，该公司拥有5600万用户。该公司的主营业务是帮助投资人交易、存储或者借入加密货币。此外，该公司也有自营业务，即买入数字货币，通过价格变化牟利，该公司的主要产品包括比特币和以太币。今年4月14日，该公司在纳斯达克挂牌上市，股票代码为“COIN”。外媒称，市场对比特币和狗狗币等加密货币的强劲需求将对Coinbase的发展至关重要，因为该公司90%以上的收入来自加密交易交易费用。上周周四收盘后，Coinbase公布了上市以来的首份财报。财报显示，2021年第一季度，该公司的总营收约为18亿美元，而上年同期仅为1.91亿美元；净营收为16亿美元，其中交易营收为15亿美元，订阅和服务营收为5640万美元；净利润为7.71亿美元，与上年同期的3197.3万美元相比增长超23倍；基本每股收益为3.8美元，摊薄后每股收益为3.05美元。","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":1575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106411409,"gmtCreate":1620138763001,"gmtModify":1704339209000,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106411409","repostId":"1131932104","repostType":4,"repost":{"id":"1131932104","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":1620127916,"share":"https://ttm.financial/m/news/1131932104?lang=en_US&edition=fundamental","pubTime":"2021-05-04 19:31","market":"us","language":"zh","title":"Under Armour rose more than 4% before the market, and its first-quarter results exceeded expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1131932104","media":"老虎资讯综合","summary":"5月4日，美国运动服装制造商Under Armour(UAA.N)发布一季度财报：第一季度净营收13亿美元，市场预估11.3亿美元；第一季度调整后每股收益16美分，市场预估4.0美分。公司上调本财年调","content":"<p>On May 4, American sportswear manufacturer Under Armour (UAA.N) released its first-quarter financial report:</p><p>Net revenue in the first quarter was US $1.3 billion, compared with market estimates of US $1.13 billion;</p><p>Adjusted earnings per share for the first quarter were 16 cents, compared with consensus estimates of 4.0 cents.</p><p>The company raised its adjusted earnings per share forecast for the fiscal year.</p><p>As of press time,<a href=\"https://laohu8.com/S/UAA\">Under Armour Corp. Class C Shares</a>It rose more than 4% before the market.</p><p><img src=\"https://static.tigerbbs.com/b640cab5db9acb5336c4ab37f68d8d56\" tg-width=\"600\" tg-height=\"373\" 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>Under Armour rose more than 4% before the market, and its first-quarter results exceeded expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnder Armour rose more than 4% before the market, and its first-quarter results exceeded expectations\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-04 19:31</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On May 4, American sportswear manufacturer Under Armour (UAA.N) released its first-quarter financial report:</p><p>Net revenue in the first quarter was US $1.3 billion, compared with market estimates of US $1.13 billion;</p><p>Adjusted earnings per share for the first quarter were 16 cents, compared with consensus estimates of 4.0 cents.</p><p>The company raised its adjusted earnings per share forecast for the fiscal year.</p><p>As of press time,<a href=\"https://laohu8.com/S/UAA\">Under Armour Corp. Class C Shares</a>It rose more than 4% before the market.</p><p><img src=\"https://static.tigerbbs.com/b640cab5db9acb5336c4ab37f68d8d56\" tg-width=\"600\" tg-height=\"373\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/260839a7610abce171f8c299c9b82f7f","relate_stocks":{"UA.C":"Under Armour Class C","UAA":"安德玛公司A类股","UA":"安德玛公司C类股"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131932104","content_text":"5月4日，美国运动服装制造商Under Armour(UAA.N)发布一季度财报：第一季度净营收13亿美元，市场预估11.3亿美元；第一季度调整后每股收益16美分，市场预估4.0美分。公司上调本财年调整后每股盈利预期。截至发稿，安德玛公司C类股盘前涨超4%。","news_type":1,"symbols_score_info":{"UA":0.9,"UA.C":0.9,"UAA":0.9}},"isVote":1,"tweetType":1,"viewCount":2316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103516491,"gmtCreate":1619793087413,"gmtModify":1704272483334,"author":{"id":"3575537075359506","authorId":"3575537075359506","name":"A_LIUYINGJIA","avatar":"https://static.tigerbbs.com/853af30823e76e3e215b467c7f375993","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575537075359506","authorIdStr":"3575537075359506"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103516491","repostId":"1144793561","repostType":4,"isVote":1,"tweetType":1,"viewCount":1578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}