[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-scott-galloway-picks-meta-as-ais-big-winner-as-its-35-billion-raise-lifts-the-stock-ZH":150},{"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",[],{"post":151,"seo":187,"relatedPosts":194,"suggestedPosts":269},{"id":152,"title":153,"date":154,"modified":155,"excerpt":156,"content":157,"wordCount":158,"lang":159,"uri":160,"slug":161,"cloudinaryAssetId":162,"featuredImageOriginalUrl":163,"featuredImageMetadata":164,"author":167,"editor":173,"categories":178,"relatedPosts":184,"seo":185},145641,"斯科特·加洛韦选择Meta为AI领域的\"大赢家\"，其350亿美元融资提振股价","2026-10-26T18:37:16","2026-10-26T18:37:23","\u003Cp>就连加洛韦也不得不承认这一点。\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周一发行了约350亿美元的普通股和可转换优先股，股价在经历前一周下跌9%后出现上涨。\u003C\u002Fli>\n\n\n\n\u003Cli>斯科特·加洛韦将Meta命名为AI热潮中可能的“大赢家”，指出其护城河以及为AI军备竞赛准备的资金。\u003C\u002Fli>\n\n\n\n\u003Cli>Meta的广告业务在2025年贡献了2010亿美元收入，但今年的支出已超过其现金，并计划在2027年进行另一项600亿美元的股票发行计划。\u003C\u002Fli>\n\n\n\n\u003Cli>该股以20倍远期市盈率交易，低于其三年平均的23倍，其定价并不像AI赢家，而2027年支出计划将于1月下旬公布，是下一个考验。\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>Meta Platforms (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=20765463&tid=126910337\">META\u003C\u002Fa>)\u003C\u002Fstrong> 刚刚启动了投资者一直担心的股票发行，股价今日上涨[1%]。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">此次发行总额约350亿美元，用于支付Meta的AI建设：根据\u003Ca href=\"https:\u002F\u002Fwww.sec.gov\u002FArchives\u002Fedgar\u002Fdata\u002F0001326801\u002F000119312526431036\u002Fd116268dfwp.htm\">其提交的文件\u003C\u002Fa>，包括约225亿美元的A类普通股和125亿美元的强制可转换优先股。股价早盘下跌，随后转涨，此前因其支出计划，股价\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmeta-just-dropped-9-in-a-week-is-it-time-to-sell-or-load-up\">在一周内下跌了9%\u003C\u002Fa>。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">而它们发行的同一天，斯科特·加洛韦做出了一个他显然并不乐意做出的判断。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">在他共同主持的最新一期\u003Ca href=\"https:\u002F\u002Fpodcasts.apple.com\u002Fus\u002Fpodcast\u002Fthe-%243-5t-bailout-elons-plan-to-merge-tesla-and-spacex\u002Fid1744631325?i=1000798145156\">Prof G Markets\u003C\u002Fa>节目中，加洛韦问道，从现在起的三年后，我们会回顾并认为“哪家公司是这场AI热潮的大赢家”。他的选择是Meta，他表示Meta“拥有最大的护城河，拥有参与这场军备竞赛的资金。”\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">他自己的结论是：“我讨厌承认这一点，但目前看来是马克·扎克伯格和Meta。”\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-wait-is-over\" class=\"wp-block-heading\">等待结束\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这次融资本身并不令人意外。Janus Henderson的艾莉森·波特上周四告诉\u003Ca href=\"https:\u002F\u002Fomny.fm\u002Fshows\u002Fbloomberg-tech\u002Fmeta-doubles-down-on-ai-spending-plans-new-class-c-shares\">Bloomberg Tech\u003C\u002Fa>，“我们确实认为，在我们看到实际发生融资之前，这将是股价的一个压力因素。”她预计融资“会在第一季度某个时候进行。”\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">四天后，融资就来了。\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\">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测，全部集中在一处。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-the-ads-pay-for-the-arms-race\" class=\"wp-block-heading\">广告为军备竞赛买单\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">加洛韦关于资金的观点始于广告业务。广告业务在2025年为Meta带来了1962亿美元的收入，占其2010亿美元总收入的绝大部分，并且总收入从2021年到2025年增长了70%。\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_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793024461\u002Fimages\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png?_i=AA\" alt=\"Bar chart from TIKR of Meta Platforms' total revenues, $ billions, fiscal 2021–2025.\" class=\"wp-post-145641 wp-image-145635\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793024461\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793024461\u002Fimages\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024461\u002Fimages\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793024461\u002Fimages\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793024461\u002Fimages\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793024461\u002Fimages\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025\u002F2026-10-26_ifc48e1e590_META_revenue_2021-2025.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">Meta Platforms (META): 总收入，十亿美元，2021-2025财年 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">而且它仍在快速增长。第三季度收入增长26%至646亿美元，管理层预计第四季度收入在730亿至760亿美元之间，较去年同期增长22%至27%。其应用在9月份平均每天触达36.4亿人。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">问题在于支出。这些广告在2025年产生了461亿美元的自由现金流，低于2024年的541亿美元，因为建设加速。\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_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1793024564\u002Fimages\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png?_i=AA\" alt=\"Bar chart from TIKR of Meta Platforms' free cash flow, $ billions, fiscal 2021–2025.\" class=\"wp-post-145641 wp-image-145636\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793024564\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793024564\u002Fimages\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024564\u002Fimages\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793024564\u002Fimages\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793024564\u002Fimages\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793024564\u002Fimages\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025\u002F2026-10-26_ifc48e1e590_META_fcf_2021-2025.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">Meta Platforms (META): 自由现金流，十亿美元，2021-2025财年 (\u003Cstrong>TIKR\u003C\u002Fstrong>)\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">今年，建设支出超过了现金。第三季度349亿美元的资本支出超过了328亿美元的运营现金流，因此\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmetas-free-cash-flow-turned-negative-its-new-share-class-opens-another-funding-option\">自由现金流转为负值\u003C\u002Fa>。管理层预计2026年资本支出在1350亿至1450亿美元之间，大约是2025年722亿美元的两倍。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">因此Meta需要外部资金。但它能够基于一个上季度销售额增长26%的业务进行融资，而这正是加洛韦所说的优势所在。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-another-60-billion-is-on-the-way\" class=\"wp-block-heading\">另有600亿美元即将到来\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Meta还计划在其新的无投票权C类股票开始交易后（预计在2027年第一季度），通过一项市场发行计划筹集约600亿美元。这意味着总共高达950亿美元的新股权，来自一家\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmeta-stopped-buying-back-stock-in-2026-now-its-selling-up-to-95-billion-of-it\">在2026年已停止股票回购\u003C\u002Fa>的公司。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">因此，波特所说的压力因素现在有了规模和日期：今天350亿美元，以及从明年初开始最多600亿美元。只要建设支出超过现金，其代价就是所有股东的股权稀释。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">尽管如此，投资者此前一直在为一次规模和时间未知的融资定价。现在账单摆在桌面上，股价却因此上涨了。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-stock-isn-t-priced-like-a-winner\" class=\"wp-block-heading\">该股定价不像赢家\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">截至周一，Meta以20倍远期市盈率交易，低于其三年平均的23倍，也远低于其2025年2月29倍的峰值。\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_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_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\u002Fv1793024558\u002Fimages\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y.png?_i=AA\" alt=\"Line chart from TIKR of Meta Platforms' forward (NTM) P\u002FE, last 3 years.\" class=\"wp-post-145641 wp-image-145638\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1793024558\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1793024558\u002Fimages\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y.png?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024558\u002Fimages\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1793024558\u002Fimages\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1793024558\u002Fimages\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1793024558\u002Fimages\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y\u002F2026-10-26_ifc48e1e590_META_ntm_pe_3y.png?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">Meta Platforms (META): 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\">这是基于分析师预计2027年增长15%、2028年增长16%的正常化盈利。现金的故事则较慢：共识预期自由现金流在2027年为负351亿美元，2028年大致持平，2029年为805亿美元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">我的看法：Meta的广告业务使得这次融资成为公司能够负担的融资选择，并且以20倍远期市盈率来看，投资者并未为这次建设可能成功的机会支付太多溢价。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">当然，账单仍可能增加。Meta将在1月下旬公布第四季度业绩时制定其2027年预算和资本支出计划，而共识预期已经将2027年资本支出设定在2030亿美元。一个远高于此的计划将使今天的350亿美元看起来像一笔首付款。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-so-what-is-meta-stock-actually-worth\" class=\"wp-block-heading\">那么Meta股票的实际价值是多少？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">TIKR让您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，即可查看Meta可能的价值。从华尔街共识预期开始，或调整输入参数以反映您自己对业务的看法。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Meta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>",996,"zh","\u002Fblog\u002Fscott-galloway-picks-meta-as-ais-big-winner-as-its-35-billion-raise-lifts-the-stock","scott-galloway-picks-meta-as-ais-big-winner-as-its-35-billion-raise-lifts-the-stock","images\u002Fgrinning-man-with-stubble-ai-network\u002Fgrinning-man-with-stubble-ai-network","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024794\u002Fimages\u002Fgrinning-man-with-stubble-ai-network\u002Fgrinning-man-with-stubble-ai-network.png?_i=AA",{"altText":165,"imageCredit":166},"Scott Galloway Picks Meta as AI’s “Big Winner” as Its $35 Billion Raise Lifts the Stock","Rido via Canva",{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":172},"Roxanna Maglangit","roxtikr","author","",[],{"name":174,"slug":175,"role":176,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":177},"Michael Douglass","MichaelDouglass","editor",[],[179],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},"一般投资","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",0,[],{"title":165,"metaDesc":186,"opengraphDescription":186,"twitterTitle":165,"twitterDescription":186},"Even Galloway hates to admit it.",{"title":188,"description":186,"twitterTitle":188,"twitterDescription":186,"author":168,"articlePublisher":189,"articlePublishedTime":154,"articleModifiedTime":155,"twitterLabel1":190,"twitterData1":191,"ogTitle":188,"ogDescription":186,"ogUrl":160,"ogImage":163,"ogImageWidth":192,"ogImageHeight":193,"ogImageSecureUrl":163,"ogImageAlt":165,"twitterImage":163},"Scott Galloway Picks Meta as AI’s “Big Winner” as Its $35 Billion Raise Lifts the Stock","TIKR.com","预计阅读时间","2 minutes",1200,630,[195,210,225,240,255],{"id":183,"title":196,"date":197,"excerpt":198,"wordCount":199,"uri":200,"slug":201,"cloudinaryAssetId":202,"featuredImageOriginalUrl":203,"featuredImageMetadata":204,"author":205,"categories":207,"relatedPosts":209},"斯科特·加洛维谈特斯拉与SpaceX：\"特斯拉是病人，SpaceX是器官捐献者\"","2026-10-26 18:35:37","巴克莱刚刚替他做了论证",1002,"\u002Fblog\u002Fscott-galloway-on-tesla-and-spacex-teslas-the-patient-and-spacex-is-the-organ-donor","scott-galloway-on-tesla-and-spacex-teslas-the-patient-and-spacex-is-the-organ-donor","images\u002Felon-musk-tesla-supercharger\u002Felon-musk-tesla-supercharger","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793024937\u002Fimages\u002Felon-musk-tesla-supercharger\u002Felon-musk-tesla-supercharger.png?_i=AA",{"altText":196},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":206},[],[208],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":211,"date":212,"excerpt":213,"wordCount":214,"uri":215,"slug":216,"cloudinaryAssetId":217,"featuredImageOriginalUrl":218,"featuredImageMetadata":219,"author":220,"categories":222,"relatedPosts":224},"迈克尔·伯里支持肯·格里芬\"显而易见\"的GPU警告，市场风险正成倍增加","2026-10-26 18:33:30","租金价格仍显示供应短缺，但一家GPU租赁商的缓冲空间已所剩无几。",1026,"\u002Fblog\u002Fmichael-burry-backs-ken-griffins-obvious-gpu-warning-as-market-risk-multiplies","michael-burry-backs-ken-griffins-obvious-gpu-warning-as-market-risk-multiplies","images\u002Fanxious-man-biting-his-nails-data-center-servers\u002Fanxious-man-biting-his-nails-data-center-servers","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1793025742\u002Fimages\u002Fanxious-man-biting-his-nails-data-center-servers\u002Fanxious-man-biting-his-nails-data-center-servers.png?_i=AA",{"altText":211},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":221},[],[223],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":226,"date":227,"excerpt":228,"wordCount":229,"uri":230,"slug":231,"cloudinaryAssetId":232,"featuredImageOriginalUrl":233,"featuredImageMetadata":234,"author":235,"categories":237,"relatedPosts":239},"吉姆·查诺斯：SpaceX的400亿美元芯片债务引发\"一个相当重大的5000亿美元问题\"","2026-10-26 18:31:27","跟着芯片走。",1019,"\u002Fblog\u002Fjim-chanos-spacexs-40-billion-chip-debt-raises-a-pretty-material-500b-question","jim-chanos-spacexs-40-billion-chip-debt-raises-a-pretty-material-500b-question","images\u002FSPCX-stock-U-S-Air-Force-photo-by-Trevor-Cokley-and-SUMALI-IBNU-CHAMID-from-Alemedia-id-via-Canva\u002FSPCX-stock-U-S-Air-Force-photo-by-Trevor-Cokley-and-SUMALI-IBNU-CHAMID-from-Alemedia-id-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792699248\u002Fimages\u002FSPCX-stock-U-S-Air-Force-photo-by-Trevor-Cokley-and-SUMALI-IBNU-CHAMID-from-Alemedia-id-via-Canva\u002FSPCX-stock-U-S-Air-Force-photo-by-Trevor-Cokley-and-SUMALI-IBNU-CHAMID-from-Alemedia-id-via-Canva.png?_i=AA",{"altText":226},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":236},[],[238],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":241,"date":242,"excerpt":243,"wordCount":244,"uri":245,"slug":246,"cloudinaryAssetId":247,"featuredImageOriginalUrl":248,"featuredImageMetadata":249,"author":250,"categories":252,"relatedPosts":254},"特朗普的首位AI沙皇：\"CoreWeave不会破产\"，因为AI具有\"强制稀缺性\"","2026-10-26 18:30:00","售罄的需求仍需支付费用。",1043,"\u002Fblog\u002Ftrumps-first-ai-czar-coreweave-cant-go-bankrupt-because-ai-has-enforced-scarcity","trumps-first-ai-czar-coreweave-cant-go-bankrupt-because-ai-has-enforced-scarcity","images\u002FCoreweave-Stock_144514070b2\u002FCoreweave-Stock_144514070b2","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792786113\u002Fimages\u002FCoreweave-Stock_144514070b2\u002FCoreweave-Stock_144514070b2.png?_i=AA",{"altText":241},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":251},[],[253],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":256,"date":257,"excerpt":258,"wordCount":259,"uri":260,"slug":261,"cloudinaryAssetId":-1,"featuredImageOriginalUrl":262,"featuredImageMetadata":263,"author":264,"categories":266,"relatedPosts":268},"CoreWeave的\"最终决战\"：AI租户要求赔偿","2026-10-26 18:29:31","细则条款的成本正在上升",1055,"\u002Fblog\u002Fcoreweaves-final-boss-battle-ai-tenants-demand-penalties","coreweaves-final-boss-battle-ai-tenants-demand-penalties","https:\u002F\u002Ftikr1.wpengine.com\u002Fwp-content\u002Fuploads\u002F2026\u002F10\u002FCoreweaveStock-600x400.png",{"altText":256},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":265},[],[267],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],[270,290,305,319,334,354,369,384,399],{"id":183,"title":271,"date":272,"excerpt":273,"wordCount":274,"uri":275,"slug":276,"cloudinaryAssetId":277,"featuredImageOriginalUrl":278,"featuredImageMetadata":279,"author":280,"categories":284,"relatedPosts":289},"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":271},{"name":281,"slug":282,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":283},"Aditya Raghunath","adityatikr",[],[285],{"name":286,"slug":287,"uri":288,"description":171,"postsCount":183},"估价","valuation","\u002Fblog\u002Fcategory\u002Fvaluation",[],{"id":183,"title":291,"date":292,"excerpt":293,"wordCount":294,"uri":295,"slug":296,"cloudinaryAssetId":297,"featuredImageOriginalUrl":298,"featuredImageMetadata":299,"author":300,"categories":302,"relatedPosts":304},"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":291},{"name":281,"slug":282,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":301},[],[303],{"name":286,"slug":287,"uri":288,"description":171,"postsCount":183},[],{"id":183,"title":306,"date":292,"excerpt":307,"wordCount":308,"uri":309,"slug":310,"cloudinaryAssetId":311,"featuredImageOriginalUrl":312,"featuredImageMetadata":313,"author":314,"categories":316,"relatedPosts":318},"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":306},{"name":281,"slug":282,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":315},[],[317],{"name":286,"slug":287,"uri":288,"description":171,"postsCount":183},[],{"id":183,"title":320,"date":321,"excerpt":322,"wordCount":323,"uri":324,"slug":325,"cloudinaryAssetId":326,"featuredImageOriginalUrl":327,"featuredImageMetadata":328,"author":329,"categories":331,"relatedPosts":333},"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":320},{"name":281,"slug":282,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":330},[],[332],{"name":286,"slug":287,"uri":288,"description":171,"postsCount":183},[],{"id":183,"title":335,"date":336,"excerpt":337,"wordCount":338,"uri":339,"slug":340,"cloudinaryAssetId":341,"featuredImageOriginalUrl":342,"featuredImageMetadata":343,"author":344,"categories":348,"relatedPosts":353},"埃克森美孚股价创下收盘新高，布伦特原油突破116美元。展望2030年该股走势","2026-10-26 07:55:00","埃克森美孚10月23日收盘创下183.21美元的历史新高，当时布伦特原油价格突破每桶116美元，目前其股价已超过华尔街分析师的平均目标价。该公司首席财务官表示，与先锋自然资源合并的协同效应已翻倍，且埃克森的目标是通过更少的油井使二叠纪盆地的采收率翻倍，这是公司可控的一项成本杠杆。",791,"\u002Fblog\u002Fexxonmobil-stock-hit-a-record-close-as-brent-topped-116-heres-where-the-stock-could-go-by-2030","exxonmobil-stock-hit-a-record-close-as-brent-topped-116-heres-where-the-stock-could-go-by-2030","images\u002F13-10\u002F13-10","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976181\u002Fimages\u002F13-10\u002F13-10.png?_i=AA",{"altText":335},{"name":345,"slug":346,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":347},"Wiltone Asuncion","wiltonetikr",[],[349],{"name":350,"slug":351,"uri":352,"description":171,"postsCount":183},"股票评论","reviews","\u002Fblog\u002Fcategory\u002Freviews",[],{"id":183,"title":355,"date":356,"excerpt":357,"wordCount":358,"uri":359,"slug":360,"cloudinaryAssetId":361,"featuredImageOriginalUrl":362,"featuredImageMetadata":363,"author":364,"categories":366,"relatedPosts":368},"Rivian创下52周新低，就在收购AI模拟初创公司次日。10月29日市场走势说明了什么","2026-10-26 07:50:00","Rivian股价在收购一家人工智能模拟初创公司次日触及52周低点，延续了数周前开始的19%跌幅。10月29日的财报如今必须证明其成本结构能够承载自动驾驶研发支出。",925,"\u002Fblog\u002Frivian-hit-a-52-week-low-the-day-after-buying-an-ai-simulation-startup-heres-what-october-29-has-to-show","rivian-hit-a-52-week-low-the-day-after-buying-an-ai-simulation-startup-heres-what-october-29-has-to-show","images\u002F12-10_145310df477\u002F12-10_145310df477","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976166\u002Fimages\u002F12-10_145310df477\u002F12-10_145310df477.png?_i=AA",{"altText":355},{"name":345,"slug":346,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":365},[],[367],{"name":350,"slug":351,"uri":352,"description":171,"postsCount":183},[],{"id":183,"title":370,"date":371,"excerpt":372,"wordCount":373,"uri":374,"slug":375,"cloudinaryAssetId":376,"featuredImageOriginalUrl":377,"featuredImageMetadata":378,"author":379,"categories":381,"relatedPosts":383},"Robinhood股票在10月发布第三季度财报前下跌了15%。以下是其到2030年的潜在走向","2026-10-26 07:45:00","Robinhood在10月27日财报发布前，两个交易日累计下跌6.73%，走势与Coinbase同步。10月22日的两项进展指向可能不会在其加密货币收入项中体现的加密活动：比特币价格合约以及Morpho为其股票代币推出的首个借贷市场。",854,"\u002Fblog\u002Frobinhood-stock-fell-15-in-october-before-its-q3-report-heres-where-it-could-go-by-2030","robinhood-stock-fell-15-in-october-before-its-q3-report-heres-where-it-could-go-by-2030","images\u002F11-11_145309e717b\u002F11-11_145309e717b","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976143\u002Fimages\u002F11-11_145309e717b\u002F11-11_145309e717b.png?_i=AA",{"altText":370},{"name":345,"slug":346,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":380},[],[382],{"name":350,"slug":351,"uri":352,"description":171,"postsCount":183},[],{"id":183,"title":385,"date":386,"excerpt":387,"wordCount":388,"uri":389,"slug":390,"cloudinaryAssetId":391,"featuredImageOriginalUrl":392,"featuredImageMetadata":393,"author":394,"categories":396,"relatedPosts":398},"沃尔玛股价10月上涨15%，尽管盈利预测并未上调。以下是其到2031年的潜在走势","2026-10-26 07:40:00","沃尔玛股价在9月30日至10月23日期间上涨了15.4%，但分析师对其未来12个月的每股收益（EPS）预估仍维持在3.00美元。几乎全部涨幅都源于更高的估值倍数，而公司此前在11月19日发布的业绩指引中，预计每股收益增长仅为0%至3%。",832,"\u002Fblog\u002Fwalmart-stock-rose-15-in-october-without-a-higher-earnings-forecast-heres-where-it-could-go-by-2031","walmart-stock-rose-15-in-october-without-a-higher-earnings-forecast-heres-where-it-could-go-by-2031","images\u002F10-14_145308a5c00\u002F10-14_145308a5c00","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976123\u002Fimages\u002F10-14_145308a5c00\u002F10-14_145308a5c00.png?_i=AA",{"altText":385},{"name":345,"slug":346,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":395},[],[397],{"name":350,"slug":351,"uri":352,"description":171,"postsCount":183},[],{"id":183,"title":400,"date":401,"excerpt":402,"wordCount":403,"uri":404,"slug":405,"cloudinaryAssetId":406,"featuredImageOriginalUrl":407,"featuredImageMetadata":408,"author":409,"categories":411,"relatedPosts":413},"苹果短暂超越英伟达，英伟达股价跌幅达12%。苹果股票到2030年可能走向何方","2026-10-26 07:35:00","苹果公司于10月23日短暂超越英伟达，成为全球市值最高的公司，股价创下351.73美元的历史新高。其人工智能战略所需资本支出极少，但以38倍的市盈率来看，11月2日公布的利润率数据将决定其估值倍数。",845,"\u002Fblog\u002Fapple-briefly-topped-nvidia-as-nvidias-slide-reached-12-heres-where-apple-stock-could-go-by-2030","apple-briefly-topped-nvidia-as-nvidias-slide-reached-12-heres-where-apple-stock-could-go-by-2030","images\u002F9-15_1453077213e\u002F9-15_1453077213e","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792976106\u002Fimages\u002F9-15_1453077213e\u002F9-15_1453077213e.png?_i=AA",{"altText":400},{"name":345,"slug":346,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":410},[],[412],{"name":350,"slug":351,"uri":352,"description":171,"postsCount":183},[]]