[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-anthropics-ipo-will-suck-a-massive-amount-of-money-from-ai-stocks-cramer-warns-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":255,"relatedPosts":263,"suggestedPosts":339},{"id":224,"title":225,"date":226,"modified":227,"excerpt":228,"content":229,"wordCount":230,"lang":231,"uri":232,"slug":233,"cloudinaryAssetId":-1,"featuredImageOriginalUrl":234,"featuredImageMetadata":235,"author":238,"editor":243,"categories":246,"relatedPosts":252,"seo":253},145624,"Anthropic的IPO将\"从AI股票中吸走巨额资金\"，Cramer警告","2026-10-26T20:13:04","2026-10-26T20:13:14","\u003Cp>市场上的资金终究是有限的\u003C\u002Fp>","\u003Ch2 id=\"h-key-takeaways\" class=\"wp-block-heading\">核心要点\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>Meta Platforms 周一启动了350亿美元的股票发行，并计划在2027年进行另一项600亿美元的发行计划，同日有报道称 Anthropic 计划公开提交其IPO申请。\u003C\u002Fli>\n\n\n\n\u003Cli>Jim Cramer 警告称，Anthropic 的上市将从AI板块的其他公司吸走资金，该板块包括英伟达、微软、亚马逊和 Alphabet。\u003C\u002Fli>\n\n\n\n\u003Cli>英伟达的远期市盈率目前为17倍，处于其三年区间的低点，尽管分析师对其2028财年盈利的预估自6月底以来已上涨了25%。\u003C\u002Fli>\n\n\n\n\u003Cli>微软看起来风险最大：其交易价格为远期盈利的27倍，而其三年低点是19倍。\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">AI投资者即将被要求投入更多资金。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">周一，\u003Cstrong>Meta Platforms (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=20765463&tid=126910337\">META\u003C\u002Fa>)\u003C\u002Fstrong> 启动了350亿美元的股票发行。同日上午，据\u003Ca href=\"https:\u002F\u002Ffinance.yahoo.com\u002Ftechnology\u002Fai\u002Farticles\u002Fanthropic-said-plan-public-filing-115338000.html\">彭博社报道\u003C\u002Fa>，Anthropic 计划公开其IPO申请。据报道，这家Claude的创造者预计其IPO规模将匹敌甚至超过SpaceX。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>英伟达 (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=32307&tid=2635154\">NVDA\u003C\u002Fa>)\u003C\u002Fstrong> 也想分一杯羹。它是三家表示可能购买高达50亿美元Meta新股的芯片制造商之一，尽管它们都尚未做出承诺。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Jim Cramer 预见到了这个问题。在\u003Ca href=\"https:\u002F\u002Fpodcasts.apple.com\u002Fus\u002Fpodcast\u002Fmad-money-w-jim-cramer-10-19-26\u002Fid147247199?i=1000797167407\">一周前的《疯狂金钱》节目中\u003C\u002Fa>，他警告说，Anthropic 的上市将\"从该板块的其他公司吸走大量资金\"，仅仅因为Anthropic的规模如此庞大。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">该板块包括\u003Cstrong>微软 (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=21835&tid=2630413\">MSFT\u003C\u002Fa>)\u003C\u002Fstrong>、\u003Cstrong>亚马逊 (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=18749&tid=2588568\">AMZN\u003C\u002Fa>)\u003C\u002Fstrong> 和 \u003Cstrong>Alphabet (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=29096&tid=260152426\">GOOG\u003C\u002Fa>)\u003C\u002Fstrong>，这三家公司都将在本周公布财报。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">而Meta才刚刚开始。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>TIKR追踪了62位分析师对Meta Platforms的看法。有多少人给出\"买入\"评级？\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">在一个地方查看Meta Platforms的买入、持有和卖出评级的完整细分，以及华尔街的收入和盈利预估。超过50万投资者使用TIKR来研究像这样的股票。\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fvaluation-model-builder?ref=tikrblog\">查看Meta Platforms的分析师评级\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-meta-s-share-count-is-headed-the-other-way\" class=\"wp-block-heading\">Meta的股票数量正朝着相反的方向发展\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">多年来，Meta一直在缩减其稀释后的股票数量。从2021财年到2025财年，它下降了约10%，至25.7亿股。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793024289\u002Fimages\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png?_i=AA\" alt=\"Bar chart from TIKR of Meta Platforms' diluted shares outstanding, billions of shares, fiscal 2021–2025.\" class=\"wp-post-145624 wp-image-145619\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793024289\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793024289\u002Fimages\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024289\u002Fimages\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793024289\u002Fimages\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793024289\u002Fimages\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793024289\u002Fimages\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c\u002F2026-10-26_i408b99e1b4_META_shares_out_2021-2025_1456192a29c.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">Meta Platforms (META): 稀释后流通股数，单位十亿股，2021-2025财年 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">现在Meta正在增发股票。新交易包括225亿美元的A类股票和约125亿美元的强制可转换优先股，并计划在2027年进行一项600亿美元的按市价发行计划。Meta预计今年的资本支出在1350亿至1450亿美元之间。它计划通过经营现金流、投资级债务、合作伙伴关系和新发股票来支付这些费用。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">资深科技投资者 Daniel Niles \u003Ca href=\"https:\u002F\u002Fx.com\u002FDanielTNiles\u002Fstatus\u002F2114518363615416685\">在X上指出\u003C\u002Fa>，Meta在最近的一份文件中表示，所有人都在争夺同一笔资金池。在他看来，这个资金池\"似乎不再像今年早些时候那样看起来是无限的。\"\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">时机也很重要。Aleph联合创始人 Mike Eisenberg \u003Ca href=\"https:\u002F\u002Fx.com\u002Fmikeeisenberg\u002Fstatus\u002F2114679711888449691\">发帖称\u003C\u002Fa>，现在出售股票的大型科技公司\"也必须赶在大型IPO之前进入市场。\"\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-squeeze-shows-up-in-the-multiples\" class=\"wp-block-heading\">压力体现在估值倍数上\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">当更多的股票追逐相同的资金时，投资者为每一美元的盈利支付的价格就会降低，即使盈利保持不变。英伟达的远期市盈率已经下滑至其三年区间的底部。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png?_i=AA\" alt=\"Line chart from TIKR of Nvidia's forward (NTM) P\u002FE, last 3 years.\" class=\"wp-post-145624 wp-image-145621\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793024284\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y\u002F2026-10-26_i408b99e1b4_NVDA_ntm_pe_3y.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">英伟达 (NVDA): 远期 (NTM) 市盈率，过去3年 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">目前为17倍，远低于其30倍的三年平均值，也远未达到2024年6月47倍的峰值。在同一时期，分析师自6月底以来已将英伟达2028财年的每股收益预估上调了25%，至15.92美元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">微软有更大的下跌空间。其远期市盈率已从6月的低点回升，但仍低于其三年平均值。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png?_i=AA\" alt=\"Line chart from TIKR of Microsoft's forward (NTM) P\u002FE, last 3 years.\" class=\"wp-post-145624 wp-image-145623\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793024284\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793024284\u002Fimages\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14\u002F2026-10-26_i408b99e1b4_MSFT_ntm_pe_3y_145623ada14.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">微软 (MSFT): 远期 (NTM) 市盈率，过去3年 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">如果Anthropic吸收了投资者为AI预留资金中的很大一部分，微软的估值倍数有足够的空间滑向19倍的低点。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-a-hot-anthropic-ipo-helps-the-cloud-giants\" class=\"wp-block-heading\">一次成功的Anthropic IPO对云巨头有利\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">不过，Cramer自己的观点也有两面性。他说，一次成功的Anthropic IPO\"将给投资者带来更多信心，让他们相信AI数据中心主题具有持久力。\"\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">亚马逊和Alphabet与此关系最大。Cramer说它们的\"云增长受制于Anthropic\"。两家公司也都持有Anthropic的股份，因此强劲的上市表现将推高这些股份的价值。亚马逊将在周四公布财报，其云数据将是检验Anthropic的支出是否保持坚挺的第一个真实考验。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">我的看法：对于上市的AI公司来说，更大的近期风险是市场上所有新发行的股票，而不是需求的任何下降。在17倍的市盈率下，英伟达的估值倍数看起来已经为拥挤的市场定价了。微软27倍的市盈率则不然，因此我预计微软会首先感受到Anthropic的吸金效应。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">不过，本周强劲的云数据可能会改变这一点。而且一旦Anthropic开始营销其IPO（可能最早在11月9日那一周），我们就会看到它到底能吸引多少资金。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-so-what-is-microsoft-stock-actually-worth\" class=\"wp-block-heading\">那么微软股票的实际价值是多少？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">TIKR让你在一分钟内预测任何股票的未来价格。只需在TIKR的估值模型中输入几个假设，就能看到微软可能的价值。从华尔街共识预估开始，或者调整输入参数以反映你自己对业务的看法。免费使用。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fvaluation-model-builder?ref=tikrblog\">免费为微软估值\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch3 id=\"h-disclaimer\" class=\"wp-block-heading\">\u003Cstrong>免责声明：\u003C\u002Fstrong>\u003C\u002Fh3>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>请注意，TIKR上的文章并非TIKR或我们的内容团队提供的投资或财务建议，也不是买卖任何股票的建议。我们根据TIKR Terminal的投资数据和分析师预估来创建内容。我们的分析可能未包含近期的公司新闻或重要更新。TIKR未持有任何提及股票的头寸。感谢阅读，祝您投资愉快！\u003C\u002Fem>\u003C\u002Fp>",962,"zh","\u002Fblog\u002Fanthropics-ipo-will-suck-a-massive-amount-of-money-from-ai-stocks-cramer-warns","anthropics-ipo-will-suck-a-massive-amount-of-money-from-ai-stocks-cramer-warns","https:\u002F\u002Ftikr1.wpengine.com\u002Fwp-content\u002Fuploads\u002F2026\u002F10\u002FAnthropic-1-600x400.png",{"altText":236,"imageCredit":237},"Anthropic’s IPO Will “Suck a Massive Amount of Money” From AI Stocks, Cramer Warns","",{"name":239,"slug":240,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":242},"Roxanna Maglangit","roxtikr","author",[],{"name":239,"slug":240,"role":244,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":245},"editor",[],[247],{"name":248,"slug":249,"uri":250,"description":237,"postsCount":251},"一般投资","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",0,[],{"title":236,"metaDesc":254,"opengraphDescription":254,"twitterTitle":236,"twitterDescription":254},"There’s only so much money to go around",{"title":256,"description":257,"twitterTitle":256,"twitterDescription":257,"author":239,"articlePublisher":258,"articlePublishedTime":226,"articleModifiedTime":227,"twitterLabel1":259,"twitterData1":260,"ogTitle":256,"ogDescription":257,"ogUrl":232,"ogImage":234,"ogImageWidth":261,"ogImageHeight":262,"ogImageSecureUrl":234,"ogImageAlt":236,"twitterImage":234},"Anthropic’s IPO Will “Suck a Massive Amount of Money” From AI Stocks, Cramer Warns","There’s only so much money to go around","TIKR.com","预计阅读时间","2 minutes",1200,630,[264,279,294,309,324],{"id":251,"title":265,"date":266,"excerpt":267,"wordCount":268,"uri":269,"slug":270,"cloudinaryAssetId":271,"featuredImageOriginalUrl":272,"featuredImageMetadata":273,"author":274,"categories":276,"relatedPosts":278},"Visa股价创下历史新高，尽管面临刷卡费威胁。以下是10月27日需要证明的关键点","2026-10-26 20:05:28","本季度只是小菜一碟。",868,"\u002Fblog\u002Fvisa-hit-a-record-high-despite-a-swipe-fee-threat-heres-what-october-27-has-to-prove","visa-hit-a-record-high-despite-a-swipe-fee-threat-heres-what-october-27-has-to-prove","images\u002Fthoughtful-woman-card-payment\u002Fthoughtful-woman-card-payment","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793011294\u002Fimages\u002Fthoughtful-woman-card-payment\u002Fthoughtful-woman-card-payment.png?_i=AA",{"altText":265},{"name":239,"slug":240,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":275},[],[277],{"name":248,"slug":249,"uri":250,"description":237,"postsCount":251},[],{"id":251,"title":280,"date":281,"excerpt":282,"wordCount":283,"uri":284,"slug":285,"cloudinaryAssetId":286,"featuredImageOriginalUrl":287,"featuredImageMetadata":288,"author":289,"categories":291,"relatedPosts":293},"Robinhood正同时打造13项业务。10月27日的财报将检验利润率能否支撑这一布局。","2026-10-26 19:56:09","营收增长是容易的部分",919,"\u002Fblog\u002Frobinhood-is-building-13-businesses-at-once-the-october-27-report-tests-whether-margins-pay-for-it","robinhood-is-building-13-businesses-at-once-the-october-27-report-tests-whether-margins-pay-for-it","images\u002Fthoughtful-man-bitcoin\u002Fthoughtful-man-bitcoin","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793011641\u002Fimages\u002Fthoughtful-man-bitcoin\u002Fthoughtful-man-bitcoin.png?_i=AA",{"altText":280},{"name":239,"slug":240,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":290},[],[292],{"name":248,"slug":249,"uri":250,"description":237,"postsCount":251},[],{"id":251,"title":295,"date":296,"excerpt":297,"wordCount":298,"uri":299,"slug":300,"cloudinaryAssetId":301,"featuredImageOriginalUrl":302,"featuredImageMetadata":303,"author":304,"categories":306,"relatedPosts":308},"SoFi股价下跌45%，克拉默将其与银行股挂钩。以下是财报必须呈现的内容","2026-10-26 19:49:10","周二是SoFi证明其盈利能力的时刻",955,"\u002Fblog\u002Fsofi-is-down-45-and-cramer-ties-it-to-bank-stocks-heres-what-the-report-must-show","sofi-is-down-45-and-cramer-ties-it-to-bank-stocks-heres-what-the-report-must-show","images\u002FSNA-stock-SteveLuker-from-Getty-Images-Signature-via-Canva\u002FSNA-stock-SteveLuker-from-Getty-Images-Signature-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792701308\u002Fimages\u002FSNA-stock-SteveLuker-from-Getty-Images-Signature-via-Canva\u002FSNA-stock-SteveLuker-from-Getty-Images-Signature-via-Canva.png?_i=AA",{"altText":295},{"name":239,"slug":240,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":305},[],[307],{"name":248,"slug":249,"uri":250,"description":237,"postsCount":251},[],{"id":251,"title":310,"date":311,"excerpt":312,"wordCount":313,"uri":314,"slug":315,"cloudinaryAssetId":316,"featuredImageOriginalUrl":317,"featuredImageMetadata":318,"author":319,"categories":321,"relatedPosts":323},"PayPal股价较峰值下跌逾80%。10月27日财报将揭示什么","2026-10-26 19:45:44","门槛很低。这是个好消息。",981,"\u002Fblog\u002Fpaypal-is-down-more-than-80-from-its-peak-heres-what-october-27-has-to-show","paypal-is-down-more-than-80-from-its-peak-heres-what-october-27-has-to-show","images\u002Fpondering-man-card-payment\u002Fpondering-man-card-payment","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793012179\u002Fimages\u002Fpondering-man-card-payment\u002Fpondering-man-card-payment.png?_i=AA",{"altText":310},{"name":239,"slug":240,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":320},[],[322],{"name":248,"slug":249,"uri":250,"description":237,"postsCount":251},[],{"id":251,"title":325,"date":326,"excerpt":327,"wordCount":328,"uri":329,"slug":330,"cloudinaryAssetId":331,"featuredImageOriginalUrl":332,"featuredImageMetadata":333,"author":334,"categories":336,"relatedPosts":338},"特朗普在财报前增持奈飞。200亿美元押注其需要\"两到三部爆款\"","2026-10-26 19:43:00","门槛可能比看起来要低",1010,"\u002Fblog\u002Ftrump-added-netflix-before-earnings-20-billion-says-it-needs-two-or-three-big-hits","trump-added-netflix-before-earnings-20-billion-says-it-needs-two-or-three-big-hits","images\u002FNetflix\u002FNetflix","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792781809\u002Fimages\u002FNetflix\u002FNetflix.png?_i=AA",{"altText":325},{"name":239,"slug":240,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":335},[],[337],{"name":248,"slug":249,"uri":250,"description":237,"postsCount":251},[],[340,360,375,389],{"id":251,"title":341,"date":342,"excerpt":343,"wordCount":344,"uri":345,"slug":346,"cloudinaryAssetId":347,"featuredImageOriginalUrl":348,"featuredImageMetadata":349,"author":350,"categories":354,"relatedPosts":359},"过去12个月上涨13%，Arista Networks股票能否在2026年带来更佳回报？","2026-10-26 12:57:00","Arista股票一年内上涨了10%。查看TIKR估值模型对ANET上行空间的预测，其目标价预计在2028年12月前达到275美元。",1099,"\u002Fblog\u002Farista-networks-stock-valuation-anet-2026","arista-networks-stock-valuation-anet-2026","images\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793010558\u002Fimages\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva\u002FANET-stock-@Jirsak-from-Getty-Images-Pro-via-Canva-@Africa-images-via-Canva.png?_i=AA",{"altText":341},{"name":351,"slug":352,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":353},"Aditya Raghunath","adityatikr",[],[355],{"name":356,"slug":357,"uri":358,"description":237,"postsCount":251},"估价","valuation","\u002Fblog\u002Fcategory\u002Fvaluation",[],{"id":251,"title":361,"date":362,"excerpt":363,"wordCount":364,"uri":365,"slug":366,"cloudinaryAssetId":367,"featuredImageOriginalUrl":368,"featuredImageMetadata":369,"author":370,"categories":372,"relatedPosts":374},"过去12个月下跌48%，SoFi股票能否在2026年交出更好的成绩单？","2026-10-26 12:45:00","SoFi股价一年内下跌了51%。来看看TIKR估值模型对SOFI上行空间的看法，其目标价为到2028年12月达到22美元。",1081,"\u002Fblog\u002Fsofi-stock-valuation-sofi-2026","sofi-stock-valuation-sofi-2026","images\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793015325\u002Fimages\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva\u002FSOFI-stock-@AKKI-from-AKKI-JOHN-via-Canva-@MCCAIG-from-Getty-Images-Signature-via-Canva.png?_i=AA",{"altText":361},{"name":351,"slug":352,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":371},[],[373],{"name":356,"slug":357,"uri":358,"description":237,"postsCount":251},[],{"id":251,"title":376,"date":362,"excerpt":377,"wordCount":378,"uri":379,"slug":380,"cloudinaryAssetId":381,"featuredImageOriginalUrl":382,"featuredImageMetadata":383,"author":384,"categories":386,"relatedPosts":388},"过去12个月仅上涨9%，Palantir股票能否在2026年带来更好的回报？","Palantir股价一年来仅上涨4%。查看TIKR估值模型对PLTR上行空间的预测，其目标价至2028年12月将达到529美元。",1024,"\u002Fblog\u002Fpalantir-stock-valuation-pltr-2026","palantir-stock-valuation-pltr-2026","images\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793003212\u002Fimages\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c\u002FPLTR-stock-@surachet_shotivaranon-from-surachetshs-Images-via-Canva-@SORAPOP-UDOMSRI-from-Sorapop-Udomsri-via-Canva_1454044a26c.png?_i=AA",{"altText":376},{"name":351,"slug":352,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":385},[],[387],{"name":356,"slug":357,"uri":358,"description":237,"postsCount":251},[],{"id":251,"title":390,"date":391,"excerpt":392,"wordCount":393,"uri":394,"slug":395,"cloudinaryAssetId":396,"featuredImageOriginalUrl":397,"featuredImageMetadata":398,"author":399,"categories":401,"relatedPosts":403},"过去12个月下跌56%，AppLovin股票能否在2026年带来更好回报？","2026-10-26 12:33:00","AppLovin股价在过去一年下跌了60%。来看看TIKR估值模型对APP上行潜力的分析，其给出的目标价为到2028年12月达到366美元。",1139,"\u002Fblog\u002Fapplovin-stock-valuation-app-2026","applovin-stock-valuation-app-2026","images\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793013215\u002Fimages\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2\u002FAPP-stock-@juststock-from-Getty-Images-via-Canva-@maxkabakov-from-Getty-Images-via-Canva_14548356cd2.png?_i=AA",{"altText":390},{"name":351,"slug":352,"role":241,"roleTitle":237,"biography":237,"avatar":237,"socialMediaLinks":400},[],[402],{"name":356,"slug":357,"uri":358,"description":237,"postsCount":251},[]]