【Couch Investor】CPU 翻身仗！AMD与英特尔奇迹之夜

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嘿

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大家欢迎回到今天的又一个视频

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谢天谢地

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今天是星期五

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但这是个好日子

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我们有英特尔的财报

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英特尔股价涨幅最大

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从本世纪初开始

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如果我理解正确的话

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所以我们今天要讨论这个

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当然还要讨论这对像MD这样的公司的影响

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MD

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尚未公布季度财报

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但我们已能从英特尔财报中获取大量信息

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尤其是财报数据我们稍后会详细分析

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我们还有一则谷歌投资Entropic的报道

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更进一步

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还有Meta与亚马逊的确认合作

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正如大家所知

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我们将观察市场动态

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或许先从这里开始

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这个美好的周五市场表现如何

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查看热力图

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英伟达上涨5%

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Meta接近3%

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谷歌上涨1%

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四

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微软接近1%亚马逊

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上涨2.7%

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再看半导体板块

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MD上涨14%

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美光上涨3.4%

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英特尔上涨20%

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Clack上涨6%

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查看我们的半导体公司列表

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去掉自己

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可以看到除一家（Marvel）外全部上涨

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当然这结果十分明确

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英特尔涨幅显著

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再次因财报表现

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我昨天就说过

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我不认为本季度会是完美季度

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但所有关键信息将在财报中体现

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前瞻指引内容

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好的

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几乎正确

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实际业绩远超预期

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导致今日20%涨幅

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既然我们讨论CPU和CPU

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这是AI革命的一部分

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不仅GPU，CPU也越来越重要

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现在你可以理解为什么AMD和高通今天股价上涨两位数

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这里有一些网络安全概念股

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Rubric上涨了2%

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然后出现一些绿色

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接着有三只股票下跌

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其中OTA跌幅最大达2%

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科技巨头整体上涨2%

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其中大部分为绿色

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有三只股票处于红色

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Netflix

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仍为红色，苹果下跌1%，甲骨文下跌近3%

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今日云计算板块呈现涨跌互现

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我们上涨了8.7%

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Nebulous Applied Digital上涨1.8%

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Iron上涨1.6%

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其余涨幅接近但略低

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至于金融科技

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这里呈现五五开

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绿色红股各半，Shift下跌4.3%

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此处出现弱势

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对于绿色股票

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Adon上涨4.7%

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Block上涨1.6%

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Robinhood上涨1.2%

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Affirm上涨1%

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PayPal上涨0.8%

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本地股上涨0.6%

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So i当日基本持平

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在深入分析英特尔财报前

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报告与解读

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同时讨论AMD

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各种类型视频

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你知道该怎么做

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点击所有按钮

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我们非常感激并进一步支持

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是否在描述中缩短链接

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并在置顶评论中列出前十佳视频

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Ogoto.com/投资者

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非常感谢

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是的

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过去十二个月你正在屏幕上看到

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英特尔上涨277%

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今年以来

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股价翻倍暴涨

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当然在过去

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甚至一个月左右

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若看过去一个月表现

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上涨84%

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如果你长期关注频道

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我们已经讨论和分析了很长时间的行业情报

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在帕特·基尔辛格时代期间

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以及刘德海加入之后

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我现在感到非常高兴

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即使我今天没有持有任何股份或期权

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我依然感到非常欣慰

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事情正在顺利发展

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比预期花费了更长时间

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但我也很高兴在这里

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故事的发展正如我们所料

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当然现在

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大量未来成功已体现在股价中

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因为今天如果你看这家四百多亿美元的公司

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就是英特尔

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利润率

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盈利能力

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他们当前的营收表现

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甚至今年的业绩

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是的

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你正在支付高昂溢价

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因为市场认为

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你知道吗

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如果他们真正扭转局面

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如果英特尔的晶圆厂将极具竞争力

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那么是的

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我们今天愿意支付巨大溢价

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两三年后估值自然会回归

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我们会回到正常水平

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可能二十到三十倍市盈率

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但你将拥有非常优秀的半导体公司

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加上世界级的晶圆厂

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没错

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我之前说过

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我还会再说

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未来的英特尔很可能价值万亿

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在未来

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不是明天

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不是明年

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也不是两年内

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需要时间

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但他们正走在正确道路上

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他是英特尔今日成就的关键人物

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当然

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刘德海现为CEO，担任COO近一年

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当帕特加入时

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他带领公司走向正确方向

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确实如此

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花费了太久

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但今天的成果值得尊重

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我们必须承认这一点

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这是因为帕特现在做了他做的事

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让我们看看本季度发生了什么

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以及他们对我们未来的展望

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因此第一季度营收达到十三点

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六亿美元

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同比增长七点

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二个百分点

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超出预期收入四亿美元

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毛利率41%

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六

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较一月份预期提升五个百分点

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产品组合

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定价与收益

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每股收益29美分

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这也是连续第六个季度超预期

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至于AI业务占比，目前AI相关业务收入占营收60%

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同比激增40%

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关于各业务板块

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CCG客户侧业务77亿美元

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客户收入环比下降6%

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但仍好于预期

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IPC收入环比增长8%

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DC数据中心DC AI业务51亿美元，同比增长

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2%年同比和7%环比

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他们还表示AAC收入同比翻倍

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环比增长30%

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我相信他们提到的ASIC业务已达十亿美元

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年度运行率

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这是我听到的内容

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代工业务54亿美元

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环比增长20%

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随着英特尔43和18A良率提升，亏损改善

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所以他们告诉我们

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CPU正在重申其作为AI时代核心基础的地位

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AI正从训练转向推理系统

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AI及物理AI的转变利好CPU作为编排层和控制平面

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英特尔将其视为多年结构性增长动力

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而非单季度波动

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现在你应该能明白原因

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股价已大幅上涨

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生产中AI计算的核心仍是CPU架构

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Z系列按需服务持续强劲增长

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客户正随着工作负载演进部署更多CPU与加速器

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他们还提到CPU与GPU比例

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在训练阶段

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每CPU配7-8个GPU

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在推理阶段

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每CPU配3-4个GPU

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在代理及多代理领域

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他们表示将逐步持平

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或者对CPU更好

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这对MD为什么这么棒

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因为当然

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当然MD正成为GPU领域的大玩家

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但不要忘记我们讨论了数月之久

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不要忘记CPU方面的进展

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因为AMD可以宣称

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我们拥有完整的产品组合

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AMD的GPU和CPU均表现强劲

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营收在13.8至14.8亿美元之间

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180亿美元

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毛利率

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中值为39%的非GAAP

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每股收益20美分同样非GAAP

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预计CCG和DC AI将实现环比增长

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AI业务增长两位数

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他们表示尽管成本上升

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需求放缓和持续短缺

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英特尔服务器CPU需求展望在近90天改善

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2027年仍将实现两位数出货量增长

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所有评论对AMD非常 bullish

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至于供应限制

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他们回应了关于英特尔因供应限制损失的营收

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CFO表示以十亿为单位

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现在再说

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回到AMD这边

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首先

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如果英特尔看到这点

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可以肯定AMD也看到了

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这意味着MD季度整体表现和指引将向好

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稍后我们将查看盈利预期

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总之

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如果英特尔看到这点

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而英特尔处于追赶状态

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但从营收来看

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所有数据仍更大

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相比已快速增长的AMD

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无论是CPU服务器还是GPU

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无论什么领域

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预计各方面都将超预期

241
00:09:38,859 --> 00:09:41,158
在这一强劲季度中

242
00:09:41,158 --> 00:09:44,250
当然股价大幅上涨

243
00:09:44,250 --> 00:09:44,909
现在已是

244
00:09:44,909 --> 00:09:45,529
市值是多少

245
00:09:45,529 --> 00:09:47,730
约5000亿美元规模

246
00:09:47,730 --> 00:09:51,179
显然大部分已反映在股价

247
00:09:51,179 --> 00:09:55,559
但可能仍有更大惊喜

248
00:09:55,559 --> 00:09:57,340
至于代工业务

249
00:09:57,340 --> 00:09:59,419
当然与MD无关

250
00:09:59,419 --> 00:10:04,519
14至18英寸晶圆良率超预期

251
00:10:04,519 --> 00:10:09,629
在十四岁成熟度和性能设定将领先于

252
00:10:09,629 --> 00:10:11,389
在相似的时间节点

253
00:10:11,389 --> 00:10:14,669
英特尔表示封装机会并非百万级别

254
00:10:14,669 --> 00:10:17,350
而是每年数十亿美元规模

255
00:10:17,350 --> 00:10:18,870
具备吸引力的定价

256
00:10:18,870 --> 00:10:20,470
ASIC业务硅片

257
00:10:20,470 --> 00:10:21,830
同比近翻倍增长

258
00:10:21,830 --> 00:10:24,009
已突破十亿美元营收

259
00:10:24,009 --> 00:10:25,309
年度化收入表现

260
00:10:25,309 --> 00:10:27,068
所以我是对的

261
00:10:27,068 --> 00:10:29,849
因此英特尔刚刚告知AMD

262
00:10:29,849 --> 00:10:33,919
投资者AI服务器CPU需求强于预期

263
00:10:33,919 --> 00:10:35,200
基础设施领域

264
00:10:35,200 --> 00:10:39,059
AI或扩大CPU搭载率并提升重要性

265
00:10:39,059 --> 00:10:42,269
所有这些加上缺货也会推高价格

266
00:10:42,269 --> 00:10:46,389
如果你具备定价权的话，再次

267
00:10:46,389 --> 00:10:49,179
将看到业绩加速增长

268
00:10:49,179 --> 00:10:49,879
当然

269
00:10:49,879 --> 00:10:53,320
正如我说的，现在对AMD的门槛更高了

270
00:10:53,320 --> 00:10:55,328
进入财报发布期

271
00:10:55,328 --> 00:10:58,308
需要确认CPU同样强劲

272
00:10:58,308 --> 00:11:00,000
不仅是GPU动量

273
00:11:00,000 --> 00:11:03,179
投资者将要求ASP扩张证据

274
00:11:03,179 --> 00:11:03,659
供应

275
00:11:03,659 --> 00:11:05,259
管控和市场份额增长

276
00:11:05,259 --> 00:11:05,519
而且

277
00:11:05,519 --> 00:11:06,080
当然

278
00:11:06,080 --> 00:11:07,019
如果这些不发生

279
00:11:07,019 --> 00:11:07,360
那么

280
00:11:07,360 --> 00:11:07,779
哦是的

281
00:11:07,779 --> 00:11:11,340
我预计AMD股价将大幅暴跌

282
00:11:11,340 --> 00:11:14,580
但目前没有相关迹象

283
00:11:14,580 --> 00:11:15,700
作为可能性

284
00:11:15,700 --> 00:11:20,299
至于AMD财报期间的预期问题

285
00:11:20,299 --> 00:11:24,730
这些大概涉及服务器CPU需求、CPU到GPU搭载率

286
00:11:24,730 --> 00:11:27,490
如同我们看到的英特尔定价和产品组合

287
00:11:27,490 --> 00:11:30,929
然后供应和份额是否受限于AMD

288
00:11:30,929 --> 00:11:36,370
或能否利用台积电产能和产品优势获取增量份额

289
00:11:36,370 --> 00:11:41,629
我认为这四个问题将在财报会议上被提出

290
00:11:41,629 --> 00:11:45,570
转向AMD并观察市场对其的预期

291
00:11:45,570 --> 00:11:49,409
尽管CEO同比两年增长268%

292
00:11:49,409 --> 00:11:53,409
市值已突破5600亿美元

293
00:11:53,409 --> 00:11:55,929
市盈率前值为45.2倍

294
00:11:55,929 --> 00:11:57,259
当前市盈率

295
00:11:57,259 --> 00:11:59,460
已达131.5倍

296
00:11:59,460 --> 00:12:01,539
但我们不买十二个月前的CEO

297
00:12:01,539 --> 00:12:04,100
我们买入未来CEO

298
00:12:04,100 --> 00:12:04,769
现在

299
00:12:04,769 --> 00:12:08,009
如果我们观察市场预期的话

300
00:12:08,009 --> 00:12:09,750
市场预期为九点

301
00:12:09,750 --> 00:12:11,830
收入达八亿美元

302
00:12:11,830 --> 00:12:16,029
我认为他们将公布超过十亿美元的稳健业绩

303
00:12:16,029 --> 00:12:21,789
每股收益1.28美元，自由现金流约22亿美元

304
00:12:21,789 --> 00:12:23,250
现在是30亿美元

305
00:12:23,250 --> 00:12:28,759
基于英特尔季度数据和财报会议评论

306
00:12:28,759 --> 00:12:30,480
我感到非常意外

307
00:12:30,480 --> 00:12:34,328
如果MD不发布非常强劲的财务数据

308
00:12:34,328 --> 00:12:39,349
这里的问题是这个数字需要有多强

309
00:12:39,349 --> 00:12:41,208
因为很明显可以看出来

310
00:12:41,208 --> 00:12:44,370
股票今年以来大幅上涨

311
00:12:44,370 --> 00:12:45,549
低于五点五

312
00:12:45,549 --> 00:12:48,750
过去一个月上涨69%

313
00:12:48,750 --> 00:12:50,690
六个百分点，是的

314
00:12:50,690 --> 00:12:52,669
并不超级便宜

315
00:12:52,669 --> 00:12:54,250
从市盈率来看

316
00:12:54,250 --> 00:12:55,370
当前为45倍

317
00:12:55,370 --> 00:12:56,679
前向市盈率两倍

318
00:12:56,679 --> 00:12:59,700
如果看英伟达当前的前向市盈率

319
00:12:59,700 --> 00:13:00,759
这里的市盈率也相似

320
00:13:00,759 --> 00:13:01,600
目前处于

321
00:13:01,600 --> 00:13:04,320
现在可称为23倍左右

322
00:13:04,320 --> 00:13:07,519
当然对于MD目前可能

323
00:13:07,519 --> 00:13:10,610
或许还有更多上行惊喜

324
00:13:10,610 --> 00:13:15,490
因为他们从更小的基础起步

325
00:13:15,490 --> 00:13:16,009
但确实

326
00:13:16,009 --> 00:13:16,789
对于MD

327
00:13:16,789 --> 00:13:20,970
目标已被大幅提升

328
00:13:20,970 --> 00:13:22,269
过去几天

329
00:13:22,269 --> 00:13:27,100
尤其是过去12-24小时

330
00:13:27,100 --> 00:13:28,440
我制作了一期视频

331
00:13:28,440 --> 00:13:28,799
哦

332
00:13:28,799 --> 00:13:29,539
值得关注的股票

333
00:13:29,539 --> 00:13:31,419
可能在财报前

334
00:13:31,419 --> 00:13:34,539
现在我不认为MD应列入此名单

335
00:13:34,539 --> 00:13:37,578
可能会加入持有名单并持有

336
00:13:37,578 --> 00:13:41,629
目前暂不计划增持

337
00:13:41,629 --> 00:13:43,730
接下来是Meta

338
00:13:43,730 --> 00:13:44,809
谷歌、亚马逊新闻

339
00:13:44,809 --> 00:13:45,110
然后

340
00:13:45,110 --> 00:13:48,328
当然还要稍微谈谈ServiceNow

341
00:13:48,328 --> 00:13:51,369
该公司今日股价下跌17%

342
00:13:51,369 --> 00:13:52,589
小幅回升

343
00:13:52,589 --> 00:13:53,708
我们来讨论这个情况

344
00:13:53,708 --> 00:13:55,048
在视频结尾部分

345
00:13:55,048 --> 00:13:57,249
我们将从这份报告开始

346
00:13:57,249 --> 00:14:02,019
谷歌计划投资至多400亿美元入股Entropic

347
00:14:02,019 --> 00:14:07,559
谷歌已注资100亿美元现金，估值3500亿美元

348
00:14:07,559 --> 00:14:08,399
报道称

349
00:14:08,399 --> 00:14:14,519
若Entropic达成目标将追加300亿美元投资

350
00:14:14,519 --> 00:14:18,078
大幅扩展Entropic的计算能力

351
00:14:18,078 --> 00:14:19,918
当然这是对热带地区的投资

352
00:14:19,918 --> 00:14:22,519
而熵增科技将购买谷歌TPU

353
00:14:22,519 --> 00:14:25,549
我们可能会使用谷歌云平台，是的

354
00:14:25,549 --> 00:14:30,460
这份报告恰逢熵增宣布亚马逊将投资最多两

355
00:14:30,460 --> 00:14:31,919
五亿美元入股该公司

356
00:14:31,919 --> 00:14:35,120
凸显了支持这家布料创造者的兴趣激增

357
00:14:35,120 --> 00:14:39,609
同时确保热带科技成为全球巨头

358
00:14:39,609 --> 00:14:42,349
确实会使用亚马逊AWS及其芯片

359
00:14:42,349 --> 00:14:47,450
以及谷歌云及其自有芯片，继续看Meta

360
00:14:47,450 --> 00:14:52,970
他们与AWS合作开发Graviton芯片以驱动生成式AI

361
00:14:52,970 --> 00:14:54,490
我们正在与AWS合作

362
00:14:54,490 --> 00:14:59,389
将数十万颗AWS Graviton核心纳入我们的计算资源

363
00:14:59,389 --> 00:15:00,649
随着Meta的发展

364
00:15:00,649 --> 00:15:06,839
其与生成式AI的计算需求正在演进需要更多CPU

365
00:15:06,839 --> 00:15:09,298
需要更多CPU

366
00:15:09,298 --> 00:15:12,580
这对MD来说是个好消息因为AMD也有

367
00:15:12,580 --> 00:15:18,809
当然与Meta的AWS Graviton5核心是为此需求定制

368
00:15:18,809 --> 00:15:23,470
我们的协议体现了基础设施组合策略的核心原则

369
00:15:23,470 --> 00:15:28,409
没有单一芯片架构能高效满足所有工作负载

370
00:15:28,409 --> 00:15:29,230
人们会说

371
00:15:29,230 --> 00:15:32,710
但这可能是MD与Meta的合作

372
00:15:32,710 --> 00:15:35,860
不会看空MD因为Meta拥有

373
00:15:35,860 --> 00:15:42,559
与AMD的非常重大合作MD必将成功

374
00:15:42,559 --> 00:15:44,039
因为Meta必将成功

375
00:15:44,039 --> 00:15:45,399
如果Meta成功

376
00:15:45,399 --> 00:15:47,179
MD必将成功

377
00:15:47,179 --> 00:15:48,399
谁知道呢

378
00:15:48,399 --> 00:15:51,559
或许我们还会获得更多公告

379
00:15:51,559 --> 00:15:54,159
当AMD发布季度财报时

380
00:15:54,159 --> 00:15:56,240
最后以ServiceNow收尾

381
00:15:56,240 --> 00:15:59,440
ServiceNow全年至今下跌40.7%

382
00:15:59,440 --> 00:16:03,080
这家市值900亿美元公司市销率52倍

383
00:16:03,080 --> 00:16:06,739
前瞻市盈率21倍

384
00:16:06,739 --> 00:16:08,979
这是一家非常盈利的公司

385
00:16:08,979 --> 00:16:11,240
同时也在持续增长

386
00:16:11,240 --> 00:16:14,100
但它仍是成长型公司

387
00:16:14,100 --> 00:16:14,940
超高速增长

388
00:16:14,940 --> 00:16:16,419
并非超高速增长

389
00:16:16,419 --> 00:16:18,429
但仍有可观增长

390
00:16:18,429 --> 00:16:22,049
若观察当前及预期增长

391
00:16:22,049 --> 00:16:24,649
让我们实际放在这里

392
00:16:24,649 --> 00:16:27,850
查看财年26年预期

393
00:16:27,850 --> 00:16:30,250
预计仍增长约22%

394
00:16:30,250 --> 00:16:33,629
基于当前预期

395
00:16:33,629 --> 00:16:35,870
财年27年增长18%

396
00:16:35,870 --> 00:16:38,590
财年28年再增18%

397
00:16:38,590 --> 00:16:40,110
当然这些数字可能上调

398
00:16:40,110 --> 00:16:43,120
也可能下调

399
00:16:43,120 --> 00:16:43,779
这还不是全部

400
00:16:43,779 --> 00:16:45,659
若看毛利率

401
00:16:45,659 --> 00:16:48,480
我们可以看到它在2024年3月季度达到峰值

402
00:16:48,480 --> 00:16:48,820
好的

403
00:16:48,820 --> 00:16:50,119
非常好80%

404
00:16:50,119 --> 00:16:52,529
但即使我们看2025年3月

405
00:16:52,529 --> 00:16:57,929
此后接近79%已回落至75%

406
00:16:57,929 --> 00:16:58,289
左右

407
00:16:58,289 --> 00:16:58,929
你要说

408
00:16:58,929 --> 00:16:59,460
是的

409
00:16:59,460 --> 00:17:02,500
短期投资如这类事物

410
00:17:02,500 --> 00:17:04,500
为公司未来做准备

411
00:17:05,539 --> 00:17:06,440
完全没问题

412
00:17:06,440 --> 00:17:07,970
我尊重这个

413
00:17:07,970 --> 00:17:12,130
所有问题再次回到末日论

414
00:17:12,130 --> 00:17:15,779
看空论点认为目前

415
00:17:15,779 --> 00:17:16,099
好的

416
00:17:16,099 --> 00:17:18,078
AI将颠覆这些公司

417
00:17:18,078 --> 00:17:21,539
这些公司需要推出新商业模式

418
00:17:21,539 --> 00:17:26,380
谁能保证新商业模式会像以前一样盈利

419
00:17:26,380 --> 00:17:26,920
好的

420
00:17:26,920 --> 00:17:27,220
行

421
00:17:27,220 --> 00:17:28,078
现在

422
00:17:28,078 --> 00:17:28,878
ServiceNow

423
00:17:28,878 --> 00:17:29,719
例如

424
00:17:29,719 --> 00:17:31,019
他们仍在增长

425
00:17:31,019 --> 00:17:32,278
仍保持盈利

426
00:17:32,278 --> 00:17:34,278
产生数十亿自由现金流

427
00:17:34,278 --> 00:17:36,240
毛利率无问题

428
00:17:36,240 --> 00:17:38,599
毛利率在此下降

429
00:17:38,599 --> 00:17:41,200
你收购了新公司

430
00:17:41,319 --> 00:17:46,029
但增长加速在哪里

431
00:17:46,029 --> 00:17:47,910
因为谈到ServiceNow

432
00:17:47,910 --> 00:17:53,150
作为AI基础设施故事中关键的一层

433
00:17:53,150 --> 00:17:56,230
市场终将要求看到

434
00:17:56,230 --> 00:18:00,049
或需要看到增长重新加速

435
00:18:00,049 --> 00:18:04,888
或许毛利率现在会回升

436
00:18:04,888 --> 00:18:06,769
对我们来说幸运的是未来几周

437
00:18:06,769 --> 00:18:09,229
ServiceNow将有分析师会议

438
00:18:09,229 --> 00:18:10,189
或投资者日

439
00:18:10,189 --> 00:18:12,769
他们会上谈论是的

440
00:18:12,769 --> 00:18:15,569
ServiceNow的新业务模式

441
00:18:15,569 --> 00:18:18,569
在这个世界开展业务

442
00:18:18,569 --> 00:18:21,250
如果能展示预测数据

443
00:18:21,250 --> 00:18:22,890
用当前实际数字

444
00:18:22,890 --> 00:18:23,970
Token生成

445
00:18:23,970 --> 00:18:27,089
基于输出目标的场景等

446
00:18:27,089 --> 00:18:28,409
如果能展示看

447
00:18:28,409 --> 00:18:30,489
这是我们的发展方向是的

448
00:18:30,489 --> 00:18:31,368
这是转变

449
00:18:31,368 --> 00:18:32,900
但如你所见

450
00:18:32,900 --> 00:18:36,299
这将使我们成为未来更大的公司

451
00:18:36,299 --> 00:18:37,420
如果他们能够

452
00:18:37,420 --> 00:18:41,819
如果他们能把这条信息传达给投资者和市场

453
00:18:41,819 --> 00:18:42,640
那么是的

454
00:18:42,640 --> 00:18:48,119
我确实看到这只股票会反弹并重新回到百元以上价位

455
00:18:48,119 --> 00:18:50,579
但目前你需要开始理解

456
00:18:50,579 --> 00:18:51,539
市场在思考什么

457
00:18:51,539 --> 00:18:52,279
我听到有人

458
00:18:52,279 --> 00:18:54,869
现在你逐渐变得看空服务现在

459
00:18:54,869 --> 00:18:56,180
不不

460
00:18:56,180 --> 00:18:58,059
我之前并不看好服务现在

461
00:18:58,059 --> 00:18:59,380
我现在并不认真

462
00:18:59,380 --> 00:19:02,059
现在我只是想传达一个信息

463
00:19:02,059 --> 00:19:06,869
这就是华尔街对这类公司今天的看法

464
00:19:06,869 --> 00:19:08,309
这不仅仅是服务现在

465
00:19:08,309 --> 00:19:09,509
还有许多其他

466
00:19:09,509 --> 00:19:12,430
非常非常有利可图的软件公司

467
00:19:12,430 --> 00:19:17,559
当然其他公司可能不像服务现在那样接近20%的增长

468
00:19:17,559 --> 00:19:18,279
但其他公司

469
00:19:18,279 --> 00:19:18,599
是的

470
00:19:18,599 --> 00:19:19,940
它们确实利润率更高

471
00:19:19,940 --> 00:19:24,130
我们必须等待他们公布季度财报

472
00:19:24,130 --> 00:19:26,170
如果指引有变化

473
00:19:26,170 --> 00:19:28,980
如果他们遭受了利润率损失

474
00:19:28,980 --> 00:19:31,440
但基本上这就是我想说的

475
00:19:31,440 --> 00:19:36,699
对于服务现在，或许要等到分析师会议或投资者日

476
00:19:36,699 --> 00:19:38,769
接下来几周的事情

477
00:19:38,769 --> 00:19:40,490
总的来说这就是我的全部观点

478
00:19:40,490 --> 00:19:41,369
在今天的视频中

479
00:19:41,369 --> 00:19:44,349
非常期待明天的财报周

480
00:19:44,349 --> 00:19:45,890
我将会有

481
00:19:45,890 --> 00:19:47,930
股票分析的第二部分

482
00:19:47,930 --> 00:19:52,180
可能在财报发布前暂停或搁置

483
00:19:52,180 --> 00:19:55,140
然后周日常规的投资组合更新

484
00:19:55,140 --> 00:19:55,599
嗯

485
00:19:55,599 --> 00:19:56,819
从周一开始

486
00:19:56,819 --> 00:19:57,779
有很多

487
00:19:57,779 --> 00:19:59,019
有很多财报发布

488
00:19:59,019 --> 00:20:00,259
请务必订阅

489
00:20:00,259 --> 00:20:01,359
如果你喜欢这类视频

490
00:20:01,359 --> 00:20:02,240
请点赞

491
00:20:02,240 --> 00:20:03,279
我们下次再见

492
00:20:03,279 --> 00:20:04,839
祝你周末愉快

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