Storied VC និយាយថាវិនិយោគិនកំពុងរៀនមេរៀននៃទីផ្សារគោចុងក្រោយ។ Jeff Bezos និយាយថា អ្នកគួរតែស្តាប់។

អាន: Why a fragile stock market faces danger from rising real yields as ‘TINA’ trade fades

Unicredit’s chief economic advisor Erik F. Nielsen told clients that despite a dismal April, stocks are holding up better than he expected, but maybe not for much longer: “The problem is that asset allocation is always the result of a probability game, but as the odds change with a deteriorating world economy, cash and other zero-yielding holdings might well become more attractive as a parking place for awhile.”

ទៅលើរបស់យើង។ ការហៅនៃថ្ងៃ , which comes from Bill Gurley, general partner at venture capital firm Benchmark Capital, who famously made an $11 million bet on Uber
UBER
-4.08​%
in 2011. Several of his more than a half million followers sat bolt upright after this ខ្សែស្រឡាយ Twitter:

“An entire generation of entrepreneurs & tech investors build their entire perspectives on valuations during the second half of a 13-year amazing bull run. The ‘unlearning’ process could be painful, surprising and & unsettling to many. I anticipate denial,” tweets Gurley, who adds three points:

1. Previous ‘all-time’ highs are completely irrelevant. It’s not ‘cheap’ because it is down 70%. Forget those prices happened.

2. Valuation multiples are always a hack proxy. Dangerous to use. If you insist, 10X should be considered AMAZING and an upper limit. Over that silly.

3. You may be shocked to learn that people want to value your company on FCF [free cashflow] and earnings. Facebook trades at 14X GAAP & is growing 23%. What earnings multiples are you assuming?

4. Revenue & earnings QUALITY matter.

ហ្គួលី linked to his blog from 2011, where he explained that discounted cash flows “are the true drivers of value for any financial asset, companies included,” and that price/revenue is a “dangerous technique because all revenues are not created equal.”

Among those reacting to Gurley was Amazon
AMZN,
-14.05​%
founder Jeff Bezos, whose stock is facing its worst year since 2008, after the company’s first loss in seven years:

To some, Gurley’s comments were a warning of tough times to come for the tech sector:

ការភ្ញាក់ផ្អើល

Berkshire Hathaway របស់ Warren Buffett
BRK.B,
-2.55​%

BRK.A,
-2.94​%
bought $51.1 billion worth of equities in the first quarter in what he called a “casino” market. Chevron
CVX,
-3.16​%
និង​ប្រេង​អុក​ស៊ីដង់តាល់
OXY,
-3.40​%
are on that list and he also bought up nearly 10% of the videogame maker due to be bought up by Microsoft, Activision Blizzard
អេធីវី,
-1.43​%.
He and vice chairman Charlie Munger tried to reassure investors at the first in-person shareholder meeting since 2019 over the weekend.

More than 100 companies are still due to report this week, such as Pfizer
ភីអេសអេ
-2.85​%
និង Moderna
MRNA,
-5.69​%
និង Starbucks
អេសប៊ីយូអេស។
-2.53​%,
with Clorox
CLX,
-3.28​%,
Expedia
EXPE,
-4.72​%
និង MGM
MGM,
-2.54​%
due Monday.

The Institute for Supply Management index for April is coming after the market open, along with construction spending, in a week that will give us not just a Fed meeting, but jobs data at the end of it. Elsewhere, weekend data showed China factory activity hit a six-month low in April.

Civilians in an embattled Mariupol steel mill in Ukraine began evacuating on Sunday. EU energy ministers will reportedly hold an emergency meeting on Monday to discuss Russia’s recent gas cutoffs for Poland and Bulgaria, as Germany vowed to wean off Russian oil by ចុងរដូវក្តៅ.

ទីផ្សារ

ភាគហ៊ុនអនាគត
YM00,
+ 0.27%

អេស .៣៦០,
+ 0.16%

NQ00,
+ 0.20%
មាន ផ្លាស់ទីខ្ពស់ជាងជាមួយនឹងទិន្នផលមូលបត្របំណុល
TMUBMUSD ១០ ឆ្នាំ
2.918%
TMUBMUSD ១០ ឆ្នាំ
2.719%
also rising after massive gains in April.

Commodities are mostly headed the other way, with oil
CL.1,
-3.10​%
and gold prices lower.

ដុល្លារ
ឌីស៊ីអ៊ី
+ 0.40%
continues to surge across the board, but not against the Russian ruble
USDRUB,
-0.38​%.
London was on a break, but Europe stocks are selling off, and appeared to suffer a flash crash at one point this morning.

សញ្ញាធីក

ទាំងនេះគឺជាសំបុត្រស្វែងរកកំពូលនៅលើ MarketWatch នៅម៉ោង 6 ព្រឹកម៉ោងខាងកើត៖

ចៃដន្យអាន

An Italian football match has become the first to be viewed simultaneously in the Metaverse.

An animated series created by Meghan Markle for Netflix is getting the chop.

Headed to Miami’s inaugural Grand Prix? Be prepared to shell out more than $1,000 for tickets.

ត្រូវដឹងចាប់ផ្តើមពីដំបូងហើយត្រូវបានធ្វើបច្ចុប្បន្នភាពរហូតដល់កណ្តឹងបើកប៉ុន្តែ ចុះឈ្មោះនៅទីនេះ ដើម្បីបញ្ជូនវាទៅប្រអប់អ៊ីមែលរបស់អ្នក។ កំណែអ៊ីមែលនឹងត្រូវផ្ញើចេញនៅម៉ោងប្រហែល ៧ និង ៣០ នាទីព្រឹកខាងកើត។

ចង់បានច្រើនជាងនេះនៅថ្ងៃក្រោយ? ចុះឈ្មោះសម្រាប់កាសែតបារុនប្រចាំថ្ងៃការធ្វើបទសម្ភាសន៍ពេលព្រឹកសំរាប់វិនិយោគិនរួមទាំងការអត្ថាធិប្បាយផ្តាច់មុខពីអ្នកនិពន្ធបារុននិង MarketWatch ។