[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-alibaba-has-rallied-28-off-its-52-week-low-the-earnings-havent-changed-yet-ZH":222},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[150,154,158,162,166,170,174,178,182,186,190,194,198,202,206,210,214,218],{"slug":151,"title":152,"modified":153},"bloomberg","Bloomberg","2025-01-16T14:23:44",{"slug":155,"title":156,"modified":157},"morningstar","Morningstar","2025-01-16T14:25:16",{"slug":159,"title":160,"modified":161},"sentieo","Sentieo","2025-01-16T17:58:27",{"slug":163,"title":164,"modified":165},"googlefinance","Google Finance","2025-01-17T19:39:37",{"slug":167,"title":168,"modified":169},"tradingview","TradingView","2025-01-16T18:17:01",{"slug":171,"title":172,"modified":173},"factset","Factset","2025-01-16T18:20:16",{"slug":175,"title":176,"modified":177},"finviz","Finviz","2025-01-16T18:23:40",{"slug":179,"title":180,"modified":181},"ycharts","YCharts","2025-01-16T18:32:19",{"slug":183,"title":184,"modified":185},"marketbeat","MarketBeat","2025-03-11T00:27:23",{"slug":187,"title":188,"modified":189},"benzinga","Benzinga","2025-03-11T00:31:00",{"slug":191,"title":192,"modified":193},"gurufocus","Gurufocus","2025-03-11T00:31:12",{"slug":195,"title":196,"modified":197},"fast-graphs","FAST Graphs","2025-03-11T00:31:19",{"slug":199,"title":200,"modified":201},"tipranks","TipRanks","2025-03-11T00:31:26",{"slug":203,"title":204,"modified":205},"seeking-alpha","Seeking Alpha","2025-03-11T00:31:45",{"slug":207,"title":208,"modified":209},"thestreet","TheStreet","2025-03-11T00:31:52",{"slug":211,"title":212,"modified":213},"investing-com","Investing.com","2025-03-11T00:32:00",{"slug":215,"title":216,"modified":217},"zacks","Zacks","2025-03-26T15:40:40",{"slug":219,"title":220,"modified":221},"alphasense","AlphaSense","2025-03-11T00:32:15",{"post":223,"seo":259,"relatedPosts":267,"suggestedPosts":347},{"id":224,"title":225,"date":226,"modified":227,"excerpt":228,"content":229,"wordCount":230,"lang":231,"uri":232,"slug":233,"cloudinaryAssetId":234,"featuredImageOriginalUrl":235,"featuredImageMetadata":236,"author":239,"editor":245,"categories":250,"relatedPosts":256,"seo":257},117702,"阿里巴巴已从52周低点反弹28%。盈利尚未出现变化","2026-07-16T18:10:00","2026-07-16T18:42:35","\u003Cp>阿里巴巴股价已较其52周低点上涨约28%，这得益于与美国司法部达成和解、法院暂缓执行，以及成为苹果在华AI审批的供应商。然而，在这段上涨期间，公司尚未发布任何新的财报。\u003C\u002Fp>","\u003Ch3 id=\"h-k-ey-stats-for-alibaba-stock\" class=\"wp-block-heading\">阿里巴巴股票\u003Cstrong>关键数据\u003C\u002Fstrong>\u003C\u002Fh3>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>\u003Cstrong>当前价格：\u003C\u002Fstrong> $117.69\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>目标价（中值）：\u003C\u002Fstrong> ~$200\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>华尔街目标价：\u003C\u002Fstrong> ~$190\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>潜在总回报率：\u003C\u002Fstrong> ~71%\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>年化内部收益率：\u003C\u002Fstrong> ~12% \u002F 年\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>最大回撤：\u003C\u002Fstrong> 49.93% on 6\u002F26\u002F26\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">现已上线：使用TIKR全新估值模型，发现您最爱的股票可能有多少上涨空间（免费）\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\"> >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-what-happened\" class=\"wp-block-heading\">发生了什么？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>阿里巴巴 (\u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=42083601&tid=263579308&?ref=tikrblog\">\u003Cstrong>BABA\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>)\u003C\u002Fstrong> 于7月15日收于$117.69，当日上涨4.78%，较其在6月26日创下的52周低点$91.99上涨了约28%。三周前，它还是中国科技股中最不受待见的大盘股，有两家律师事务所虎视眈眈，还有一则\"蒸馏\"丑闻在市场流传。如今，它又成了一只动量股。令人不安的是，在这期间并没有发生什么：公司尚未发布任何新的季度财报。市场今天所掌握的所有运营数据，都与5月13日股价下跌时持有的数据完全相同。看涨方的论点是，风险折价一直是错误定价，现在终于开始解除。但这个论点必须面对一个尴尬的事实：股价不可能在没有触及损益表的新闻上重新定价。直到8月28日，没人知道哪种解读是正确的。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-four-things-went-right-and-none-of-them-were-earnings\" class=\"wp-block-heading\">\u003Cstrong>四件好事发生，但没有一件与盈利有关\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这轮上涨有清晰的脉络。7月8日，股价在单日交易中跳涨约10%-11%，这得益于一系列公司层面的催化剂，不过这次上涨也发生在中国AI股普遍上涨的大背景下，所以并非所有10%的涨幅都归功于阿里巴巴自身。每个催化剂都消除了一个特定的压力。阿里巴巴及其支付关联公司与美国司法部就历史上的非法药品销售达成了6亿美元的不起诉协议，将开放式的法律风险转化为了明确的现金成本。一位美国地区法官在相关法律面临宪法审查期间，暂时解除了与五角大楼相关的游说限制。中国媒体报道称，公司已告知分析师即时零售业务在6月当季亏损收窄，但这只是报道，并非官方披露。此外，有报道称北京已批准包括阿里云在内的中国主要科技公司获取Nvidia H200芯片。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">然后是昨天，这需要准确描述，因为头条新闻属于别人。中国网信办批准了苹果的生成式AI服务在中国发布，结束了苹果自2024年以来一直卡住的审批流程。这是苹果的胜利。阿里巴巴的角色是供应商：公司向CNBC确认，其AI模型系列\"通义千问\"将被集成到苹果智能（Apple Intelligence）中，覆盖iOS、iPadOS、macOS和visionOS的中国用户。这并非独家合作。有消息人士告诉路透社，苹果的中国AI服务也将整合百度的模型能力。两家公司均未给出发布日期，也未披露阿里巴巴的报酬。市场解读为这对双方大致同样利好：BABA收盘上涨4.78%，苹果在同一消息下收盘上涨约4%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">请注意整个列表中缺少什么。没有收入数字。没有利润率。没有业绩指引。市场对尾部风险进行了重新定价，而这些尾部风险确实很大。但过去三周没有任何信息告诉你这家公司实际赚了多少钱。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-what-the-last-print-actually-said\" class=\"wp-block-heading\">\u003Cstrong>上一份财报实际说了什么\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">最近一个已报告的季度仍然是截至3月31日的2026财年第四季度，于5月13日发布。根据TIKR数据，收入为人民币2434亿元，低于人民币2471亿元的共识预期，相差1.5%。这还算温和。调整后EBITA下降了84%。实际EBIT为负人民币8.48亿元，而预期为人民币85亿元。调整后每股收益为人民币0.62元，预期为人民币5.74元，相差89%。\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter\"> 自由现金流\u003C\u002Fa>为流出人民币173亿元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">首席财务官徐宏在电话会议上直截了当地指出了原因：\"负自由现金流主要是由于过去一年我们在AI方面进行了非常重大的投资。\"这种表述很重要，因为它区分了两种截然不同的看跌情形。如果现金消耗是一种选择，它可以停止。如果它是一种症状，则不能。徐宏随后关上了对其自身解释的乐观解读之门：\"展望未来两年，我们打算同样坚定地继续这些投资。\"所以，这种消耗是刻意的，并且不会很快结束。任何认为利润率会在一季度内迅速反弹而买入这轮上涨的人，都是在与首席财务官唱反调。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">抵消因素在资产负债表上。截至3月31日，阿里巴巴持有约380亿美元的净现金，若剔除五年后到期的债务，则约为590亿美元。根据TIKR数据，过去12个月净负债与EBITDA之比为负0.30倍。公司可以为此提供资金多年。偿付能力从来不是问题。问题是这些支出是否能换来回报。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"720\" height=\"1001\" data-public-id=\"images\u002FBABA-Beats-Misses\u002FBABA-Beats-Misses.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_720,h_1001,c_scale\u002Ff_webp,q_auto\u002Fv1784224670\u002Fimages\u002FBABA-Beats-Misses\u002FBABA-Beats-Misses.webp?_i=AA\" alt=\"\" class=\"wp-post-117702 wp-image-117726\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784224670\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784224670\u002Fimages\u002FBABA-Beats-Misses\u002FBABA-Beats-Misses.webp?_i=AA 720w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_417,c_scale\u002Ff_webp,q_auto\u002Fv1784224670\u002Fimages\u002FBABA-Beats-Misses\u002FBABA-Beats-Misses.webp?_i=AA 300w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">阿里巴巴业绩超预期与不及预期 \u003Cstrong>(\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fmarkets?fid=1&?ref=tikrblog\">TIKR\u003C\u002Fa>)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">查看阿里巴巴股票的历史和前瞻预测（免费！） >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-number-that-decides-whether-the-spending-is-working\" class=\"wp-block-heading\">\u003Cstrong>\u003Cstrong>决定支出是否有效的关键数字\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">云智能集团外部收入增长加速至40%。AI相关产品收入连续第11个季度实现三位数增长，当季达到人民币90亿元，目前年化收入约为人民币358亿元，约占外部云收入的30%。吴泳铭表示，他预计这一份额将在大约一年内超过50%，外部云增长将继续加速超过40%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">然后是具体目标。模型和应用服务\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-annual-recurring-revenue-arr-a-guide-for-saas-stock-investors\"> 年度经常性收入\u003C\u002Fa>（指来自阿里巴巴模型API访问和AI软件订阅的经常性收入）应\"在6月当季超过人民币100亿元，并在年底达到人民币300亿元。\"在同一电话会议上，一位高管表示该平台已超过人民币80亿元，并且\"高度确定\"本季度将达到人民币100亿元。业绩指引可以被修正，而且经常如此。但这是一个附有日期、可供核实的说法，这个日期就是8月28日。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">为什么它比整体增长率更重要：模型即服务（MaaS）在结构上比基础设施即服务（IaaS）具有更高的\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-gross-margin-definition-formula\"> 毛利率\u003C\u002Fa>，因此这种组合转变是利润率论点的核心。管理层还披露，在计算资源稀缺的市场中，现在部署一台新服务器的成本大约是一年前的两倍，他们认为这赋予了他们针对新客户和现有客户的定价权。云业务调整后EBITA利润率上季度为9.1%，管理层预计毛利率改善将\"在未来1到2个季度内显现。\"这个窗口期将在8月财报发布时关闭。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3023\" height=\"2015\" data-public-id=\"images\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3023,h_2015,c_scale\u002Ff_webp,q_auto\u002Fv1784224662\u002Fimages\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp?_i=AA\" alt=\"\" class=\"wp-post-117702 wp-image-117725\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784224662\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784224662\u002Fimages\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp?_i=AA 3023w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224662\u002Fimages\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784224662\u002Fimages\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784224662\u002Fimages\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784224662\u002Fimages\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd\u002FTIKR.com_BABA-Alibaba-Group-Holding-Limited-Cloud-Intelligence-Group-Operating-Revenue-and-Cloud-Intelligence-Group-Operating-Income_1177259b3fd.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3023px) 100vw, 3023px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">阿里巴巴云智能集团运营收入与运营利润 \u003Cstrong>(\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fmarkets?fid=1&?ref=tikrblog\">TIKR\u003C\u002Fa>)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">反制因素是，云业务的加速增长在5月13日就已经公开，但股价当时还是下跌了。此后发生变化的是法律和地缘政治折价，而不是运营数据。如果年度经常性收入达到或超过人民币100亿元，且云业务增长保持在40%以上，那么这轮上涨就有了基本面的支撑。如果年度经常性收入未能达到管理层设定的目标（而这个目标是在季度已经过去两个月后才设定的），那么司法部和解与苹果批准只是清除了噪音，揭示出的仍是一个支出快于收入的企业。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">在$117.69的价位，根据TIKR数据，股票交易价格约为未来12个月市盈率的18倍，以及未来12个月企业价值与EBITDA之比的11倍。这不是一个困境估值，对于一家最近EBIT刚刚转负的公司来说，也显然不算便宜。使其有趣的是与共识预期的差距。华尔街平均目标价为$190.22，比当前价格高出约60%，截至7月15日的分析师评级分布为：30个买入，8个跑赢大盘，1个持有，1个跑输大盘，0个卖出。投行们在7月初下调目标价的同时保持了买入评级，这正是华尔街相信故事但怀疑时机时的表现。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">法律文件并非清白，也不应被粉饰。Rosen Law Firm和Pomerantz LLP均已宣布对潜在的证券索赔进行调查，这些索赔与Anthropic在6月10日致美国参议院银行委员会的一封信中披露的指控有关，该指控称与阿里巴巴有关的运营商使用了大约25,000个欺诈账户从Anthropic的Claude模型中提取能力。这些是律师事务所的调查，并非已提起的集体诉讼，也不是监管程序，且相关指控未经证实。阿里巴巴此后已禁止员工在内部使用Anthropic的工具。正是这一事件导致股价跌至6月26日的低点，也是反弹空间如此之大的原因。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">在TIKR中查看阿里巴巴相对于同行的表现（免费！） >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-tikr-advanced-model-analysis\" class=\"wp-block-heading\">\u003Cstrong>TIKR高级模型分析\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>\u003Cstrong>当前价格：\u003C\u002Fstrong> $117.69\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>目标价（中值）：\u003C\u002Fstrong> ~$200\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>潜在总回报率：\u003C\u002Fstrong> ~71%\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>年化内部收益率：\u003C\u002Fstrong> ~12% \u002F 年\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"4968\" height=\"4084\" data-public-id=\"images\u002FBABA_valuation_model_117727a12bd\u002FBABA_valuation_model_117727a12bd.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_4968,h_4084,c_scale\u002Ff_webp,q_auto\u002Fv1784224697\u002Fimages\u002FBABA_valuation_model_117727a12bd\u002FBABA_valuation_model_117727a12bd.webp?_i=AA\" alt=\"\" class=\"wp-post-117702 wp-image-117727\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784224697\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784224697\u002Fimages\u002FBABA_valuation_model_117727a12bd\u002FBABA_valuation_model_117727a12bd.webp?_i=AA 4968w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_986,c_scale\u002Ff_webp,q_auto\u002Fv1784224697\u002Fimages\u002FBABA_valuation_model_117727a12bd\u002FBABA_valuation_model_117727a12bd.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_1151,c_scale\u002Ff_webp,q_auto\u002Fv1784224697\u002Fimages\u002FBABA_valuation_model_117727a12bd\u002FBABA_valuation_model_117727a12bd.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_247,c_scale\u002Ff_webp,q_auto\u002Fv1784224697\u002Fimages\u002FBABA_valuation_model_117727a12bd\u002FBABA_valuation_model_117727a12bd.webp?_i=AA 300w\" sizes=\"auto, (max-width: 4968px) 100vw, 4968px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">阿里巴巴高级估值模型 \u003Cstrong>(\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fmarkets?fid=1&?ref=tikrblog\">TIKR\u003C\u002Fa>)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">查看分析师对阿里巴巴股票的增长率预测和目标价（免费！） >>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这里使用中值情景，因为此处的问题是，一个未发生变化的业务是否能为股价的重新定价提供理由，而中值情景是假设管理层大致实现其已给出的指引，而非超越指引。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">该模型假设收入年增长率约为11%，净利润率稳定在11%附近，从而在2031年3月前产生约$200的目标价。两个驱动因素支撑收入线：云智能集团维持高于市场的增长，AI产品收入占外部云收入的比例从30%攀升至50%；以及即时零售业务在2027财年末前实现管理层目标的单位经济效益，该业务上季度收入已增长57%至人民币200亿元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">利润率驱动因素是业务组合。随着模型即服务收入的增长超过基础设施业务，综合毛利率上升，这是该模型假设净利润率从2026财年的6.3%恢复的机制。主要风险在于恢复来得晚或根本不来：中值情景嵌入了每年约3%的\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio\"> 市盈率\u003C\u002Fa>压缩，因此整个回报取决于盈利增长，而2026财年调整后每股收益下降了59%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">上行空间是年度经常性收入复合增长至人民币300亿元，云业务利润率出现拐点，一个被定价为永久消耗的企业因可见的AI盈利而重新定价。下行风险是资本支出持续超过货币化速度，TIKR共识预期中为2027财年描绘的自由现金流复苏推迟，投资者在等待两位数年化回报的五年间，始终承受着中国头条风险。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-conclusion\" class=\"wp-block-heading\">\u003Cstrong>结论\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">8月28日。这就是全部。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">吴泳铭告诉市场，模型和应用服务的年度经常性收入将在6月当季超过人民币100亿元，同一次电话会议上的另一位高管称其\"高度确定\"，且数字已超过人民币80亿元。如果该数字达到或超过人民币100亿元，且云业务外部增长保持在40%或更好，那么过去三周就不再是释然性反弹，而是开始成为有基本面支撑的重新定价。如果年度经常性收入未达标，那么和解与批准只是清除了噪音，揭示出的仍是一个支出快于收入的企业，$117.69看起来就像是反弹的顶部，而非复苏的底部。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">股价已经计入了好消息。它尚未计入任何一个新的盈利数字。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>查看亿万富翁投资者正在买入哪些股票，以便您能通过TIKR跟随聪明钱。\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-should-you-invest-in-alibaba\" class=\"wp-block-heading\">您应该投资阿里巴巴吗？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">真正了解的唯一方法是亲自查看数据。TIKR为您免费提供专业分析师用来回答这个问题的机构级财务数据。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">打开\u003Cstrong>阿里巴巴\u003C\u002Fstrong>，您将看到多年的历史财务数据、华尔街分析师对未来几个季度收入和盈利的预期、估值倍数随时间的变化情况，以及目标价是呈上升还是下降趋势。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">您可以建立一个免费的观察列表，以跟踪\u003Cstrong>\u003Cstrong>阿里巴巴\u003C\u002Fstrong>\u003C\u002Fstrong>以及您关注的所有其他股票。无需信用卡。只需您做决定所需的数据。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>在TIKR上免费分析阿里巴巴 →\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-looking-for-new-opportunities\" class=\"wp-block-heading\">寻找新机会？\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>查看\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">亿万富翁投资者正在买入哪些股票\u003C\u002Fa> \u003C\u002Fstrong>，以便您能跟随聪明钱。\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">使用TIKR一体化、易于使用的平台，在短短5分钟内分析股票\u003C\u002Fa>\u003C\u002Fstrong>。\u003C\u002Fli>\n\n\n\n\u003Cli>您翻开的石头越多……您发现的机会就越多。\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">使用TIKR搜索10万+全球股票、全球顶级投资者持仓等。\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Ch2 id=\"h-disclaimer\" class=\"wp-block-heading\">\u003Cstrong>免责声明：\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>请注意，TIKR上的文章并非TIKR或我们内容团队提供的投资或财务建议，也不是买入或卖出任何股票的建议。我们根据TIKR Terminal的投资数据和分析师预测来创建内容。我们的分析可能未包含近期的公司新闻或重要更新。TIKR对提及的任何股票均无持仓。感谢阅读，祝您投资愉快！\u003C\u002Fem>\u003C\u002Fp>",2091,"zh","\u002Fblog\u002Falibaba-has-rallied-28-off-its-52-week-low-the-earnings-havent-changed-yet","alibaba-has-rallied-28-off-its-52-week-low-the-earnings-havent-changed-yet","images\u002F2-5_1177167d69b\u002F2-5_1177167d69b","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224506\u002Fimages\u002F2-5_1177167d69b\u002F2-5_1177167d69b.png?_i=AA",{"altText":237,"imageCredit":238},"Alibaba Has Rallied 28% Off Its 52-Week Low. The Earnings Haven’t Changed Yet","@Tevarak Phanduang from Achira22's Images via Canva, @AndreyPopov from Getty Images via Canva",{"name":240,"slug":241,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":244},"Wiltone Asuncion","wiltonetikr","author","",[],{"name":246,"slug":247,"role":248,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":249},"David Hanson","davidtikr","editor",[],[251],{"name":252,"slug":253,"uri":254,"description":243,"postsCount":255},"股票评论","reviews","\u002Fblog\u002Fcategory\u002Freviews",0,[],{"title":237,"metaDesc":258,"opengraphDescription":258,"twitterTitle":237,"twitterDescription":258},"Alibaba has climbed roughly 28% off its 52-week low on a DOJ settlement, a court reprieve, and a supplier role in Apple’s China AI approval. What has not happened in that stretch is a single new earnings report.",{"title":260,"description":261,"twitterTitle":260,"twitterDescription":261,"author":240,"articlePublisher":262,"articlePublishedTime":226,"articleModifiedTime":227,"twitterLabel1":263,"twitterData1":264,"ogTitle":260,"ogDescription":261,"ogUrl":232,"ogImage":235,"ogImageWidth":265,"ogImageHeight":266,"ogImageSecureUrl":235,"ogImageAlt":237,"twitterImage":235},"Alibaba Has Rallied 28% Off Its 52-Week Low. The Earnings Haven’t Changed Yet","Alibaba has climbed roughly 28% off its 52-week low on a DOJ settlement, a court reprieve, and a supplier role in Apple’s China AI approval. What has not happened in that stretch is a single new earnings report.","TIKR.com","预计阅读时间","2 minutes",1200,630,[268,283,298,315,332],{"id":255,"title":269,"date":270,"excerpt":271,"wordCount":272,"uri":273,"slug":274,"cloudinaryAssetId":275,"featuredImageOriginalUrl":276,"featuredImageMetadata":277,"author":278,"categories":280,"relatedPosts":282},"戴尔股票单日市值蒸发290亿美元。500美元目标价岿然不动。","2026-07-16 18:40:00","戴尔在7月15日市值蒸发约290亿美元，原因众说纷纭。此前几周已有两家银行下调其评级，第三家则维持500美元的目标价，而市场走势图显示这更像是仓位调整。六月份的数据或许能揭示哪种解读更符合其业务实质。",2114,"\u002Fblog\u002Fdell-stock-lost-29-billion-in-market-value-in-one-session-the-500-target-didnt-move","dell-stock-lost-29-billion-in-market-value-in-one-session-the-500-target-didnt-move","images\u002F5-5_117719a22be\u002F5-5_117719a22be","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224526\u002Fimages\u002F5-5_117719a22be\u002F5-5_117719a22be.png?_i=AA",{"altText":269},{"name":240,"slug":241,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":279},[],[281],{"name":252,"slug":253,"uri":254,"description":243,"postsCount":255},[],{"id":255,"title":284,"date":285,"excerpt":286,"wordCount":287,"uri":288,"slug":289,"cloudinaryAssetId":290,"featuredImageOriginalUrl":291,"featuredImageMetadata":292,"author":293,"categories":295,"relatedPosts":297},"英特尔股价较6月高点已下跌27%。以下是该股在2026年可能走向的分析","2026-07-16 18:30:00","英特尔于7月15日收于102.99美元，较其52周高点下跌26.93%。华尔街给出的目标价区间目前横跨45美元至200美元，这是大型半导体股中最宽的目标价分歧。",1762,"\u002Fblog\u002Fintel-stock-has-fallen-27-from-its-june-high-heres-where-the-stock-could-go-in-2026","intel-stock-has-fallen-27-from-its-june-high-heres-where-the-stock-could-go-in-2026","images\u002F4-5_117718bce7c\u002F4-5_117718bce7c","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224518\u002Fimages\u002F4-5_117718bce7c\u002F4-5_117718bce7c.png?_i=AA",{"altText":284},{"name":240,"slug":241,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":294},[],[296],{"name":252,"slug":253,"uri":254,"description":243,"postsCount":255},[],{"id":255,"title":299,"date":300,"excerpt":301,"wordCount":302,"uri":303,"slug":304,"cloudinaryAssetId":305,"featuredImageOriginalUrl":306,"featuredImageMetadata":307,"author":308,"categories":312,"relatedPosts":314},"宝洁已连续70年提高股息。关税是近期首个真正的考验","2026-07-16 18:13:00","宝洁公司（Procter & Gamble Corporation）正是那种在形势变得艰难时反而更显魅力的企业。",969,"\u002Fblog\u002Fprocter-gamble-has-raised-its-dividend-70-years-in-a-row-tariffs-are-the-first-real-test-in-a-while","procter-gamble-has-raised-its-dividend-70-years-in-a-row-tariffs-are-the-first-real-test-in-a-while","images\u002FPG-Featured_11766680ea4\u002FPG-Featured_11766680ea4","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784210614\u002Fimages\u002FPG-Featured_11766680ea4\u002FPG-Featured_11766680ea4.png?_i=AA",{"altText":299},{"name":309,"slug":310,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":311},"David Beren","davidberentikr",[],[313],{"name":252,"slug":253,"uri":254,"description":243,"postsCount":255},[],{"id":255,"title":316,"date":317,"excerpt":318,"wordCount":319,"uri":320,"slug":321,"cloudinaryAssetId":322,"featuredImageOriginalUrl":323,"featuredImageMetadata":324,"author":325,"categories":329,"relatedPosts":331},"优步150亿美元收购Delivery Hero交易重塑外卖行业格局。DoorDash股价应声下跌。","2026-07-16 18:00:00","Uber以150亿美元收购Delivery Hero，完成行业整合，全球外卖市场仅剩两大巨头。这对DoorDash意味着什么？",1092,"\u002Fblog\u002Fubers-15-billion-delivery-hero-deal-just-reshuffled-food-delivery-doordash-stock-felt-it","ubers-15-billion-delivery-hero-deal-just-reshuffled-food-delivery-doordash-stock-felt-it","images\u002FFEATURED-IMAGE-MAKER-1063\u002FFEATURED-IMAGE-MAKER-1063","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784220342\u002Fimages\u002FFEATURED-IMAGE-MAKER-1063\u002FFEATURED-IMAGE-MAKER-1063.png?_i=AA",{"altText":316},{"name":326,"slug":327,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":328},"Gian Estrada","giantikr",[],[330],{"name":252,"slug":253,"uri":254,"description":243,"postsCount":255},[],{"id":255,"title":333,"date":334,"excerpt":335,"wordCount":336,"uri":337,"slug":338,"cloudinaryAssetId":339,"featuredImageOriginalUrl":340,"featuredImageMetadata":341,"author":342,"categories":344,"relatedPosts":346},"Navitas Semiconductor股价较峰值已下跌58%：氮化镓革命是否构成逢低买入的理由？","2026-07-16 17:38:00","Navitas Semiconductor正将全部赌注押在面向AI数据中心的新一代电源芯片上，而市场目前尚未决定是否买账。",1122,"\u002Fblog\u002Fnavitas-semiconductor-has-dropped-58-from-its-peak-does-the-gan-revolution-justify-buying-the-dip","navitas-semiconductor-has-dropped-58-from-its-peak-does-the-gan-revolution-justify-buying-the-dip","images\u002FNavitas-Semiconductor-Featured\u002FNavitas-Semiconductor-Featured","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784209131\u002Fimages\u002FNavitas-Semiconductor-Featured\u002FNavitas-Semiconductor-Featured.png?_i=AA",{"altText":333},{"name":309,"slug":310,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":343},[],[345],{"name":252,"slug":253,"uri":254,"description":243,"postsCount":255},[],[348,366,383,398,413,428,446,461,476,491,506,524,539,554,569,584,602],{"id":255,"title":349,"date":350,"excerpt":351,"wordCount":352,"uri":353,"slug":354,"cloudinaryAssetId":355,"featuredImageOriginalUrl":356,"featuredImageMetadata":357,"author":358,"categories":360,"relatedPosts":365},"巴菲特称投资Alphabet（GOOGL）是他的主意。但他的警告更重要","2026-07-16 18:20:00","沃伦·巴菲特证实，他个人亲自启动了伯克希尔对Alphabet的310亿美元持仓。在同一采访中，他将数千亿美元的AI支出称为谷歌及其竞争对手面临的\"真正问题\"。",1885,"\u002Fblog\u002Fbuffett-says-the-alphabet-googl-bet-was-his-idea-his-warning-matters-more","buffett-says-the-alphabet-googl-bet-was-his-idea-his-warning-matters-more","images\u002F3-5_117717e0e66\u002F3-5_117717e0e66","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784224511\u002Fimages\u002F3-5_117717e0e66\u002F3-5_117717e0e66.png?_i=AA",{"altText":349},{"name":240,"slug":241,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":359},[],[361],{"name":362,"slug":363,"uri":364,"description":243,"postsCount":255},"一般投资","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",[],{"id":255,"title":367,"date":368,"excerpt":369,"wordCount":370,"uri":371,"slug":372,"cloudinaryAssetId":373,"featuredImageOriginalUrl":374,"featuredImageMetadata":375,"author":376,"categories":380,"relatedPosts":382},"瑞穗下调Circle股票评级，因Open USD联盟威胁稳定币商业模式","2026-07-15 15:23:47","瑞穗因开放美元竞争风险下调Circle股票评级，目标价降至50美元，同时Baird也调降了盈利预期。",750,"\u002Fblog\u002Fmizuho-downgrades-circle-nyse-crcl-stock-open-usd-consortium-threatens-stablecoin-business-model","mizuho-downgrades-circle-nyse-crcl-stock-open-usd-consortium-threatens-stablecoin-business-model","images\u002FCRCL-stock-1_11732767401\u002FCRCL-stock-1_11732767401","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784101786\u002Fimages\u002FCRCL-stock-1_11732767401\u002FCRCL-stock-1_11732767401.png?_i=AA",{"altText":367},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":379},"Aditya Raghunath","adityatikr",[],[381],{"name":362,"slug":363,"uri":364,"description":243,"postsCount":255},[],{"id":255,"title":384,"date":385,"excerpt":386,"wordCount":387,"uri":388,"slug":389,"cloudinaryAssetId":390,"featuredImageOriginalUrl":391,"featuredImageMetadata":392,"author":393,"categories":395,"relatedPosts":397},"花旗集团股价下跌，尽管季度营收创下十年来最佳表现","2026-07-15 15:21:37","花旗集团股价下跌，尽管季度营收创下纪录，但投资者对其维持不变的业绩展望和不断上升的开支表示质疑。",746,"\u002Fblog\u002Fcitigroup-nyse-stock-falls-despite-posting-best-quarterly-revenue-in-a-decade","citigroup-nyse-stock-falls-despite-posting-best-quarterly-revenue-in-a-decade","images\u002FC-stock\u002FC-stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784107090\u002Fimages\u002FC-stock\u002FC-stock.png?_i=AA",{"altText":384},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":394},[],[396],{"name":362,"slug":363,"uri":364,"description":243,"postsCount":255},[],{"id":255,"title":399,"date":400,"excerpt":401,"wordCount":402,"uri":403,"slug":404,"cloudinaryAssetId":405,"featuredImageOriginalUrl":406,"featuredImageMetadata":407,"author":408,"categories":410,"relatedPosts":412},"Meta面临员工诉讼，指控其在近期裁员中歧视性使用人工智能","2026-07-15 15:16:44","Meta面临一项诉讼，指控其AI系统在2026年5月的裁员中歧视了正在休假的员工。",781,"\u002Fblog\u002Fmeta-nasdaq-stock-employee-lawsuit-discriminatory-ai-use-layoffs","meta-nasdaq-stock-employee-lawsuit-discriminatory-ai-use-layoffs","images\u002FMETA-stock-3_1174008286d\u002FMETA-stock-3_1174008286d","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784120055\u002Fimages\u002FMETA-stock-3_1174008286d\u002FMETA-stock-3_1174008286d.png?_i=AA",{"altText":399},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":409},[],[411],{"name":362,"slug":363,"uri":364,"description":243,"postsCount":255},[],{"id":255,"title":414,"date":415,"excerpt":416,"wordCount":417,"uri":418,"slug":419,"cloudinaryAssetId":420,"featuredImageOriginalUrl":421,"featuredImageMetadata":422,"author":423,"categories":425,"relatedPosts":427},"美联航推出全新高端经济舱选项，可保证中间座位无人占用","2026-07-15 15:12:39","联合航空（United Airlines）股票备受关注，该公司推出配备保证空置中间座位的新型高端舱位。",760,"\u002Fblog\u002Funited-airlines-nasdaq-ual-stock-new-premium-economy-option","united-airlines-nasdaq-ual-stock-new-premium-economy-option","images\u002FUAL-stock-1_117414413ba\u002FUAL-stock-1_117414413ba","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784121218\u002Fimages\u002FUAL-stock-1_117414413ba\u002FUAL-stock-1_117414413ba.png?_i=AA",{"altText":414},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":424},[],[426],{"name":362,"slug":363,"uri":364,"description":243,"postsCount":255},[],{"id":255,"title":429,"date":430,"excerpt":431,"wordCount":432,"uri":433,"slug":434,"cloudinaryAssetId":435,"featuredImageOriginalUrl":436,"featuredImageMetadata":437,"author":438,"categories":440,"relatedPosts":445},"贝莱德股价上涨7%，此前第二季度业绩超出华尔街预期","2026-07-16 14:32:10","贝莱德股价在第二季度财报超出预期后飙升7%，主要得益于创纪录的管理资产规模（AUM）和强劲的ETF资金流入。",793,"\u002Fblog\u002Fblackrock-nyse-shares-rally-7-after-q2-earnings-beat-wall-street-estimates","blackrock-nyse-shares-rally-7-after-q2-earnings-beat-wall-street-estimates","images\u002FBLK-stock_117550e6ec2\u002FBLK-stock_117550e6ec2","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784194680\u002Fimages\u002FBLK-stock_117550e6ec2\u002FBLK-stock_117550e6ec2.png?_i=AA",{"altText":429},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":439},[],[441],{"name":442,"slug":443,"uri":444,"description":243,"postsCount":255},"收益更新","earnings-updates","\u002Fblog\u002Fcategory\u002Fearnings-updates",[],{"id":255,"title":447,"date":448,"excerpt":449,"wordCount":450,"uri":451,"slug":452,"cloudinaryAssetId":453,"featuredImageOriginalUrl":454,"featuredImageMetadata":455,"author":456,"categories":458,"relatedPosts":460},"Elevance Health股价大跌，尽管营收超预期并上调全年业绩指引","2026-07-16 14:30:42","Elevance Health股价下跌7-9%，尽管其第二季度业绩超出预期并上调了业绩指引，但利润率同比出现下滑。",789,"\u002Fblog\u002Felevance-health-nyse-elv-stock-tumbles-revenue-beat-and-raised-guidance","elevance-health-nyse-elv-stock-tumbles-revenue-beat-and-raised-guidance","images\u002FELV-stock_117564c746c\u002FELV-stock_117564c746c","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784197227\u002Fimages\u002FELV-stock_117564c746c\u002FELV-stock_117564c746c.png?_i=AA",{"altText":447},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":457},[],[459],{"name":442,"slug":443,"uri":444,"description":243,"postsCount":255},[],{"id":255,"title":462,"date":463,"excerpt":464,"wordCount":465,"uri":466,"slug":467,"cloudinaryAssetId":468,"featuredImageOriginalUrl":469,"featuredImageMetadata":470,"author":471,"categories":473,"relatedPosts":475},"高盛股价上涨，此前第二季度业绩远超华尔街预期","2026-07-15 15:20:38","高盛股票在第二季度财报远超预期后上涨，主要得益于创纪录的交易和投资银行业务收入。",778,"\u002Fblog\u002Fgoldman-sachs-nyse-stock-climbs-after-q2-earnings-smash-wall-street-expectations","goldman-sachs-nyse-stock-climbs-after-q2-earnings-smash-wall-street-expectations","images\u002FGS-stock_11735359ce6\u002FGS-stock_11735359ce6","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784114249\u002Fimages\u002FGS-stock_11735359ce6\u002FGS-stock_11735359ce6.png?_i=AA",{"altText":462},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":472},[],[474],{"name":442,"slug":443,"uri":444,"description":243,"postsCount":255},[],{"id":255,"title":477,"date":478,"excerpt":479,"wordCount":480,"uri":481,"slug":482,"cloudinaryAssetId":483,"featuredImageOriginalUrl":484,"featuredImageMetadata":485,"author":486,"categories":488,"relatedPosts":490},"美国银行股价持平，尽管第二季度营收和盈利超出预期","2026-07-15 15:19:25","美国银行股价在第二季度业绩超出预期后仍保持平稳，投资者关注点在于下半年业绩指引及同比数据。",851,"\u002Fblog\u002Fbank-of-america-nyse-bac-stock-flatlines-despite-beating-q2-estimates","bank-of-america-nyse-bac-stock-flatlines-despite-beating-q2-estimates","images\u002FBAC-stock-1\u002FBAC-stock-1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784115855\u002Fimages\u002FBAC-stock-1\u002FBAC-stock-1.png?_i=AA",{"altText":477},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":487},[],[489],{"name":442,"slug":443,"uri":444,"description":243,"postsCount":255},[],{"id":255,"title":492,"date":493,"excerpt":494,"wordCount":495,"uri":496,"slug":497,"cloudinaryAssetId":498,"featuredImageOriginalUrl":499,"featuredImageMetadata":500,"author":501,"categories":503,"relatedPosts":505},"ASML股价上涨，此前第二季度销售额和利润率超出预期","2026-07-15 15:17:30","ASML股价在第二季度销售额和利润率超出预期后上涨，其装机基数优势和人工智能需求推动了业绩展望的上调。",811,"\u002Fblog\u002Fasml-stock-rises-after-q2-sales-and-margins-beat-guidance","asml-stock-rises-after-q2-sales-and-margins-beat-guidance","images\u002FASML-tock\u002FASML-tock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784118513\u002Fimages\u002FASML-tock\u002FASML-tock.png?_i=AA",{"altText":492},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":502},[],[504],{"name":442,"slug":443,"uri":444,"description":243,"postsCount":255},[],{"id":255,"title":507,"date":508,"excerpt":509,"wordCount":510,"uri":511,"slug":512,"cloudinaryAssetId":513,"featuredImageOriginalUrl":514,"featuredImageMetadata":515,"author":516,"categories":518,"relatedPosts":523},"CVS股票分析：高股息收益率是否值得押注转型风险？","2026-07-16 13:00:00","CVS Health的派息率降至29%，而其季度股息连续八个季度维持在每股0.67美元。股息率则下降至2.47%。",1060,"\u002Fblog\u002Fcvs-stock-analysis-is-the-high-yield-worth-the-turnaround-risk","cvs-stock-analysis-is-the-high-yield-worth-the-turnaround-risk","images\u002FFEATURED-IMAGE-MAKER-1058\u002FFEATURED-IMAGE-MAKER-1058","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784199539\u002Fimages\u002FFEATURED-IMAGE-MAKER-1058\u002FFEATURED-IMAGE-MAKER-1058.png?_i=AA",{"altText":507},{"name":326,"slug":327,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":517},[],[519],{"name":520,"slug":521,"uri":522,"description":243,"postsCount":255},"股息","dividends","\u002Fblog\u002Fcategory\u002Fdividends",[],{"id":255,"title":525,"date":526,"excerpt":527,"wordCount":528,"uri":529,"slug":530,"cloudinaryAssetId":531,"featuredImageOriginalUrl":532,"featuredImageMetadata":533,"author":534,"categories":536,"relatedPosts":538},"CSCO股票回顾：思科系统是最安全的科技价值股吗？","2026-07-16 12:00:00","思科的派息率已从两年前的74%降至49%，同时每股股息则升至0.42美元。",1191,"\u002Fblog\u002Fcsco-stock-review-is-cisco-systems-the-safest-tech-value-play","csco-stock-review-is-cisco-systems-the-safest-tech-value-play","images\u002FFEATURED-IMAGE-MAKER-1057\u002FFEATURED-IMAGE-MAKER-1057","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784195959\u002Fimages\u002FFEATURED-IMAGE-MAKER-1057\u002FFEATURED-IMAGE-MAKER-1057.png?_i=AA",{"altText":525},{"name":326,"slug":327,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":535},[],[537],{"name":520,"slug":521,"uri":522,"description":243,"postsCount":255},[],{"id":255,"title":540,"date":541,"excerpt":542,"wordCount":543,"uri":544,"slug":545,"cloudinaryAssetId":546,"featuredImageOriginalUrl":547,"featuredImageMetadata":548,"author":549,"categories":551,"relatedPosts":553},"TXN股息：最适合长期派息增长的芯片股","2026-07-16 11:00:00","德州仪器的自由现金流在过去12个月达到44亿美元，是去年17亿美元的两倍多。股息也随之增加。",1470,"\u002Fblog\u002Ftxn-dividend-the-best-long-lifecycle-chip-stock-for-payout-growth","txn-dividend-the-best-long-lifecycle-chip-stock-for-payout-growth","images\u002FFEATURED-IMAGE-MAKER-1056\u002FFEATURED-IMAGE-MAKER-1056","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784194373\u002Fimages\u002FFEATURED-IMAGE-MAKER-1056\u002FFEATURED-IMAGE-MAKER-1056.png?_i=AA",{"altText":540},{"name":326,"slug":327,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":550},[],[552],{"name":520,"slug":521,"uri":522,"description":243,"postsCount":255},[],{"id":255,"title":555,"date":556,"excerpt":557,"wordCount":558,"uri":559,"slug":560,"cloudinaryAssetId":561,"featuredImageOriginalUrl":562,"featuredImageMetadata":563,"author":564,"categories":566,"relatedPosts":568},"联合太平洋铁路公司 (UNP) 股票：买入这家铁路股息股背后的护城河","2026-07-16 10:00:00","联合太平洋公司的派息率目前为48%，调整后每股收益增长了9%。其股息增长空间是大多数股票难以企及的。",1155,"\u002Fblog\u002Funion-pacific-unp-stock-buying-the-moat-behind-this-rail-dividend","union-pacific-unp-stock-buying-the-moat-behind-this-rail-dividend","images\u002FFEATURED-IMAGE-MAKER-1055\u002FFEATURED-IMAGE-MAKER-1055","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784183265\u002Fimages\u002FFEATURED-IMAGE-MAKER-1055\u002FFEATURED-IMAGE-MAKER-1055.png?_i=AA",{"altText":555},{"name":326,"slug":327,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":565},[],[567],{"name":520,"slug":521,"uri":522,"description":243,"postsCount":255},[],{"id":255,"title":570,"date":571,"excerpt":572,"wordCount":573,"uri":574,"slug":575,"cloudinaryAssetId":576,"featuredImageOriginalUrl":577,"featuredImageMetadata":578,"author":579,"categories":581,"relatedPosts":583},"NUE股票股息收益率：为何纽柯钢铁提供独特的周期性保护","2026-07-16 09:00:00","纽柯钢铁的派息率在创纪录的700万吨季度产量后降至17%，股息收益率目前为1.0%。以下是股息数据揭示的情况。",1202,"\u002Fblog\u002Fnue-stock-dividend-yield-why-nucor-offers-unique-cyclical-protection","nue-stock-dividend-yield-why-nucor-offers-unique-cyclical-protection","images\u002FFEATURED-IMAGE-MAKER-1054\u002FFEATURED-IMAGE-MAKER-1054","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784181389\u002Fimages\u002FFEATURED-IMAGE-MAKER-1054\u002FFEATURED-IMAGE-MAKER-1054.png?_i=AA",{"altText":570},{"name":326,"slug":327,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":580},[],[582],{"name":520,"slug":521,"uri":522,"description":243,"postsCount":255},[],{"id":255,"title":585,"date":586,"excerpt":587,"wordCount":588,"uri":589,"slug":590,"cloudinaryAssetId":591,"featuredImageOriginalUrl":592,"featuredImageMetadata":593,"author":594,"categories":596,"relatedPosts":601},"英特尔的转型终于成真，还是投资者应避开的估值陷阱？","2026-07-14 13:51:00","英特尔正寻求一场真正的回归，拆分设计与晶圆代工业务。以下是如何判断英特尔股票是反转故事还是投资陷阱。",1222,"\u002Fblog\u002Fintel-stock-turnaround-real-or-value-trap-investors","intel-stock-turnaround-real-or-value-trap-investors","images\u002FAVGO-stock-1_11637505260\u002FAVGO-stock-1_11637505260","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1783577235\u002Fimages\u002FAVGO-stock-1_11637505260\u002FAVGO-stock-1_11637505260.png?_i=AA",{"altText":585},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":595},[],[597],{"name":598,"slug":599,"uri":600,"description":243,"postsCount":255},"估价","valuation","\u002Fblog\u002Fcategory\u002Fvaluation",[],{"id":255,"title":603,"date":604,"excerpt":605,"wordCount":606,"uri":607,"slug":608,"cloudinaryAssetId":609,"featuredImageOriginalUrl":610,"featuredImageMetadata":611,"author":612,"categories":614,"relatedPosts":616},"过去一年下跌71%，Wix股票终于值得仔细审视了吗？","2026-07-13 13:50:00","WIX股价较峰值下跌69%，目前交易价格为47美元。到2028年能否达到81美元？以下是模型预测结果。",1181,"\u002Fblog\u002Fdown-71-from-its-peak-is-wix-nasdaq-stock-undervalued","down-71-from-its-peak-is-wix-nasdaq-stock-undervalued","images\u002FWix-stock_116481b2be8\u002FWix-stock_116481b2be8","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1783598340\u002Fimages\u002FWix-stock_116481b2be8\u002FWix-stock_116481b2be8.png?_i=AA",{"altText":603},{"name":377,"slug":378,"role":242,"roleTitle":243,"biography":243,"avatar":243,"socialMediaLinks":613},[],[615],{"name":598,"slug":599,"uri":600,"description":243,"postsCount":255},[]]