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Moonlight10
2021-12-28
Hello
Moonlight10
2021-09-02
Hello
Moonlight10
2021-09-02
$Bionano Genomics(BNGO)$
???
Moonlight10
2021-08-29
Nio position
Moonlight10
2021-08-28
Hi Ali Baba
Moonlight10
2021-08-28
Hello
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Moonlight10
2021-08-26
Sharing
Moonlight10
2021-08-26
$Bionano Genomics(BNGO)$
:))))
Moonlight10
2021-08-26
Hello
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Moonlight10
2021-08-22
Walt Disney :)
Moonlight10
2021-08-22
$Tortoise Acquisition II Corp(SNPR)$
:)
Moonlight10
2021-08-22
Yay
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Moonlight10
2021-06-27
Hello
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Moonlight10
2021-06-26
Hi
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Moonlight10
2021-06-24
Hello
Biden to meet with bipartisan senators to discuss infrastructure plan
Moonlight10
2021-06-23
Hello
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Moonlight10
2021-06-22
Hello
Toplines Before US Market Open on Tuesday
Moonlight10
2021-06-21
Hello
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Moonlight10
2021-06-20
Welcome
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Moonlight10
2021-06-20
Hi
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624539192,"share":"https://ttm.financial/m/news/2145448160?lang=en_US&edition=fundamental","pubTime":"2021-06-24 20:53","market":"us","language":"en","title":"Biden to meet with bipartisan senators to discuss infrastructure plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2145448160","media":"Reuters","summary":"WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senato","content":"<p>WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.</p>\n<p>Members of the group of 21 senators, or \"G-21,\" announced an agreement on a framework on Wednesday after a meeting with White House officials.</p>\n<p>Republican U.S. Senator Rob Portman, a member of the group, said they would see how the Democratic president responded and would work to sell the plan to other lawmakers in both political parties.</p>\n<p>\"I'm hopeful we can get a positive response from the White House today,\" he told CNBC in an interview.</p>\n<p>The two sides will meet at the White House at 11:45 a.m., the White House said in a statement.</p>\n<p>The G-21 talks have focused on a $1.2 trillion, eight-year spending plan, with a mix of new and repurposed funding.</p>\n<p>For Biden, securing a large-scale infrastructure package is a top domestic priority.</p>\n<p>The White House opened talks with the group after the Democratic president broke off negotiations with Republican Senator Shelley Capito. The White House said her proposals had fallen short of meeting \"the essential needs of our country\".</p>\n<p>Biden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed spending about $2.3 trillion. Republicans chafed at his definition of infrastructure, which included fighting climate change and providing care for children and the elderly.</p>\n<p>The White House later trimmed the offer to about $1.7 trillion in an unsuccessful bid to win the Republican support needed for any plan to get the 60 votes required to advance most legislation in the evenly split 100-seat Senate. \"We came to an agreement on a plan ... and we're just going to try to wrap it up tomorrow,\" Democratic Senator Joe Manchin told reporters on Wednesday of the new plan.</p>\n<p>A major sticking point had been how to pay for the investments. Biden has pledged not to increase taxes on Americans earning less than $400,000 a year, while Republicans are determined to protect a 2017 cut in corporate taxes.</p>\n<p>Manchin said the framework encompassed a \"long list\" of so-called pay-fors and that all new spending would be offset with provisions to cover it, but he offered no specifics.</p>\n<p>Congressional Democrats are operating on two tracks.</p>\n<p>While they welcomed a bipartisan deal that could win enough Republican support to clear the Senate, they are also planning to bring up a separate measure with significant additional spending on unconventional infrastructure programs, such as home healthcare for the elderly.</p>\n<p>That measure would be brought up under special Senate rules for budget bills that would allow it to pass without any Republican support. In that case, Vice President Kamala Harris would be called upon to cast the tie-breaking vote.</p>\n<p>(Additional reporting by David Morgan, Richard Cowan, Makini Brice and Susan Heavey; Writing by Tim Ahmann; Editing by Lincoln Feast)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden to meet with bipartisan senators to discuss infrastructure plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden to meet with bipartisan senators to discuss infrastructure plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-24 20:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.</p>\n<p>Members of the group of 21 senators, or \"G-21,\" announced an agreement on a framework on Wednesday after a meeting with White House officials.</p>\n<p>Republican U.S. Senator Rob Portman, a member of the group, said they would see how the Democratic president responded and would work to sell the plan to other lawmakers in both political parties.</p>\n<p>\"I'm hopeful we can get a positive response from the White House today,\" he told CNBC in an interview.</p>\n<p>The two sides will meet at the White House at 11:45 a.m., the White House said in a statement.</p>\n<p>The G-21 talks have focused on a $1.2 trillion, eight-year spending plan, with a mix of new and repurposed funding.</p>\n<p>For Biden, securing a large-scale infrastructure package is a top domestic priority.</p>\n<p>The White House opened talks with the group after the Democratic president broke off negotiations with Republican Senator Shelley Capito. The White House said her proposals had fallen short of meeting \"the essential needs of our country\".</p>\n<p>Biden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed spending about $2.3 trillion. Republicans chafed at his definition of infrastructure, which included fighting climate change and providing care for children and the elderly.</p>\n<p>The White House later trimmed the offer to about $1.7 trillion in an unsuccessful bid to win the Republican support needed for any plan to get the 60 votes required to advance most legislation in the evenly split 100-seat Senate. \"We came to an agreement on a plan ... and we're just going to try to wrap it up tomorrow,\" Democratic Senator Joe Manchin told reporters on Wednesday of the new plan.</p>\n<p>A major sticking point had been how to pay for the investments. Biden has pledged not to increase taxes on Americans earning less than $400,000 a year, while Republicans are determined to protect a 2017 cut in corporate taxes.</p>\n<p>Manchin said the framework encompassed a \"long list\" of so-called pay-fors and that all new spending would be offset with provisions to cover it, but he offered no specifics.</p>\n<p>Congressional Democrats are operating on two tracks.</p>\n<p>While they welcomed a bipartisan deal that could win enough Republican support to clear the Senate, they are also planning to bring up a separate measure with significant additional spending on unconventional infrastructure programs, such as home healthcare for the elderly.</p>\n<p>That measure would be brought up under special Senate rules for budget bills that would allow it to pass without any Republican support. In that case, Vice President Kamala Harris would be called upon to cast the tie-breaking vote.</p>\n<p>(Additional reporting by David Morgan, Richard Cowan, Makini Brice and Susan Heavey; Writing by Tim Ahmann; Editing by Lincoln Feast)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145448160","content_text":"WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.\nMembers of the group of 21 senators, or \"G-21,\" announced an agreement on a framework on Wednesday after a meeting with White House officials.\nRepublican U.S. Senator Rob Portman, a member of the group, said they would see how the Democratic president responded and would work to sell the plan to other lawmakers in both political parties.\n\"I'm hopeful we can get a positive response from the White House today,\" he told CNBC in an interview.\nThe two sides will meet at the White House at 11:45 a.m., the White House said in a statement.\nThe G-21 talks have focused on a $1.2 trillion, eight-year spending plan, with a mix of new and repurposed funding.\nFor Biden, securing a large-scale infrastructure package is a top domestic priority.\nThe White House opened talks with the group after the Democratic president broke off negotiations with Republican Senator Shelley Capito. The White House said her proposals had fallen short of meeting \"the essential needs of our country\".\nBiden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed spending about $2.3 trillion. Republicans chafed at his definition of infrastructure, which included fighting climate change and providing care for children and the elderly.\nThe White House later trimmed the offer to about $1.7 trillion in an unsuccessful bid to win the Republican support needed for any plan to get the 60 votes required to advance most legislation in the evenly split 100-seat Senate. \"We came to an agreement on a plan ... and we're just going to try to wrap it up tomorrow,\" Democratic Senator Joe Manchin told reporters on Wednesday of the new plan.\nA major sticking point had been how to pay for the investments. Biden has pledged not to increase taxes on Americans earning less than $400,000 a year, while Republicans are determined to protect a 2017 cut in corporate taxes.\nManchin said the framework encompassed a \"long list\" of so-called pay-fors and that all new spending would be offset with provisions to cover it, but he offered no specifics.\nCongressional Democrats are operating on two tracks.\nWhile they welcomed a bipartisan deal that could win enough Republican support to clear the Senate, they are also planning to bring up a separate measure with significant additional spending on unconventional infrastructure programs, such as home healthcare for the elderly.\nThat measure would be brought up under special Senate rules for budget bills that would allow it to pass without any Republican support. In that case, Vice President Kamala Harris would be called upon to cast the tie-breaking vote.\n(Additional reporting by David Morgan, Richard Cowan, Makini Brice and Susan Heavey; Writing by Tim Ahmann; Editing by Lincoln Feast)","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123853403,"gmtCreate":1624417138502,"gmtModify":1703836044490,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123853403","repostId":"1164759713","repostType":4,"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129149146,"gmtCreate":1624366888385,"gmtModify":1703834499595,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129149146","repostId":"1110726798","repostType":4,"repost":{"id":"1110726798","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624362092,"share":"https://ttm.financial/m/news/1110726798?lang=en_US&edition=fundamental","pubTime":"2021-06-22 19:41","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1110726798","media":"Tiger Newspress","summary":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps ","content":"<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more</b></p>\n<p><b>1) GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2) MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3) Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4) Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5) Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6) Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7) Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8) Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9) Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10) Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11) Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12) CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-22 19:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more</b></p>\n<p><b>1) GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2) MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3) Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4) Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5) Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6) Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7) Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8) Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9) Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10) Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11) Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12) CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110726798","content_text":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps After Raising More Than $1 Billion in New Shares.\nGameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.\n\n(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.\nAt 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.\n\nStocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more\n1) GameStop(GME) – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.\n2) MicroVision(MVIS) – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.\n3) Sanderson Farms(SAFM) – Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.\n4) Torchlight Energy Resources(TRCH) – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.\n5) Alphabet(GOOGL) – The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.\n6) Korn Ferry(KFY) – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.\n7) Plug Power(PLUG) – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.\n8) Boeing(BA) – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.\n9) Delta Air Lines(DAL) – Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.\n10) Lordstown Motors(RIDE) – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.\n11) Exxon Mobil(XOM) – Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.\n12) CrowdStrike(CRWD) – CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167692653,"gmtCreate":1624263684572,"gmtModify":1703831880622,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/167692653","repostId":"1117073468","repostType":4,"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164082053,"gmtCreate":1624161635272,"gmtModify":1703829855580,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Welcome ","listText":"Welcome ","text":"Welcome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164082053","repostId":"1156696708","repostType":4,"isVote":1,"tweetType":1,"viewCount":951,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164086040,"gmtCreate":1624161615680,"gmtModify":1703829853962,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164086040","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":1007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":129149146,"gmtCreate":1624366888385,"gmtModify":1703834499595,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129149146","repostId":"1110726798","repostType":4,"repost":{"id":"1110726798","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624362092,"share":"https://ttm.financial/m/news/1110726798?lang=en_US&edition=fundamental","pubTime":"2021-06-22 19:41","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1110726798","media":"Tiger Newspress","summary":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps ","content":"<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more</b></p>\n<p><b>1) GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2) MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3) Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4) Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5) Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6) Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7) Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8) Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9) Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10) Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11) Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12) CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-22 19:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures rise to extend earlier gains.</li>\n <li>Torchlight Energy Price Gains Premarket.</li>\n <li>GameStop Jumps After Raising More Than $1 Billion in New Shares.</li>\n <li>GameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.</p>\n<p>At 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/127a76b6bde89676371162b1b268b550\" tg-width=\"1242\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more</b></p>\n<p><b>1) GameStop(GME)</b> – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.</p>\n<p><b>2) MicroVision(MVIS)</b> – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.</p>\n<p><b>3) Sanderson Farms(SAFM) </b>– Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.</p>\n<p><b>4) Torchlight Energy Resources(TRCH)</b> – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.</p>\n<p><b>5) Alphabet(GOOGL) </b>– The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.</p>\n<p><b>6) Korn Ferry(KFY)</b> – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.</p>\n<p><b>7) Plug Power(PLUG)</b> – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.</p>\n<p><b>8) Boeing(BA)</b> – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.</p>\n<p><b>9) Delta Air Lines(DAL) </b>– Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.</p>\n<p><b>10) Lordstown Motors(RIDE)</b> – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.</p>\n<p><b>11) Exxon Mobil(XOM) </b>– Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.</p>\n<p><b>12) CrowdStrike(CRWD) </b>– CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110726798","content_text":"Stock futures rise to extend earlier gains.\nTorchlight Energy Price Gains Premarket.\nGameStop Jumps After Raising More Than $1 Billion in New Shares.\nGameStop, MicroVision, Sanderson Farms & more made the biggest moves in the premarket.\n\n(June 22) Stock futures rose Tuesday morning to build on gains from a day earlier, with equities recovering from concerns over the path forward for monetary policy last week.\nAt 7:47 a.m. ET, Dow e-minis were up 23 points, or 0.07%, S&P 500 e-minis were up 5.75 points, or 0.14%, and Nasdaq 100 e-minis were up 39.25 points, or 0.28%.\n\nStocks making the biggest moves in the premarket: GameStop, MicroVision, Sanderson Farms & more\n1) GameStop(GME) – The videogame retailer's stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion.\n2) MicroVision(MVIS) – MicroVision shares slid 10.8% in the premarket after the laser technology company said it would sell up to $140 million of stock \"from time to time\" and use the funds for general corporate purposes.\n3) Sanderson Farms(SAFM) – Sanderson Farms is exploring a possible sale, according to people familiar with the matter who spoke to The Wall Street Journal. The paper said the poultry producer has already drawn interest from suitors such as agricultural investment firm Continental Grain. The stock surged 10% in premarket action.\n4) Torchlight Energy Resources(TRCH) – Torchlight shares gained another 4.9% in premarket trading after a 58% surge in Monday's trading. The oil and gas producer is among the stocks getting increased social media attention on sites like Reddit and Stocktwits.\n5) Alphabet(GOOGL) – The European Unionhas opened a formal antitrust probeof Google's digital ad practices. Part of the investigation will cover some of the same areas involved in a case filed by several U.S. states against the Alphabet operation last year.\n6) Korn Ferry(KFY) – The consulting firm reported quarterly earnings of $1.21 per share, beating the consensus estimate of 98 cents a share. Revenue topped Wall Street forecasts as well, boosted by its services that help businesses with organizational issues.\n7) Plug Power(PLUG) – The alternative energy provider lost 12 cents per share for its latest quarter, wider than the 8 cents a share loss analysts were expecting. Revenue also came in below estimates. The company said it was hurt by short-term issues – such as hydrogen shortages and the Texas freeze – which are abating in the current quarter. Plug Power shares gained 1.4% in premarket trading.\n8) Boeing(BA) – Boeing announced the departure of lobbyist and political strategist Tim Keating. No reason was given for Keating’s departure, though the company said a search is underway for a permanent replacement. Keating was a key figure helping Boeing navigate the crisis that followed two fatal crashes of the company’s 737 Max jet.\n9) Delta Air Lines(DAL) – Delta plans to hire 1,000 more pilots by next summer, according to an internal company memo. The move comes amid a rebound in travel, with Delta saying the leisure travel is already back to pre-pandemic levels and business travel is picking up as well.\n10) Lordstown Motors(RIDE) – Lordstown remains on watch today following a 5.5% Monday drop. The electric vehicle maker’s executive chairman Angela Strand said the company is “evaluating strategic partners” as part of its search for new funding.\n11) Exxon Mobil(XOM) – Exxon Mobil is denying a Bloomberg report that it plans to cut 5% to 10% of its office workforce annually over the next three to five years. Exxon told CNBC it is merely going through its annual employee assessments, which are unrelated to workforce reductions.\n12) CrowdStrike(CRWD) – CrowdStrike was upgraded to “buy” from “hold” at Stifel Financial, which points to the cybersecurity company’s potential to increase profit margins and its ability to acquire new customers. CrowdStrike gained 2.8% in the 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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624539192,"share":"https://ttm.financial/m/news/2145448160?lang=en_US&edition=fundamental","pubTime":"2021-06-24 20:53","market":"us","language":"en","title":"Biden to meet with bipartisan senators to discuss infrastructure plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2145448160","media":"Reuters","summary":"WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senato","content":"<p>WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.</p>\n<p>Members of the group of 21 senators, or \"G-21,\" announced an agreement on a framework on Wednesday after a meeting with White House officials.</p>\n<p>Republican U.S. Senator Rob Portman, a member of the group, said they would see how the Democratic president responded and would work to sell the plan to other lawmakers in both political parties.</p>\n<p>\"I'm hopeful we can get a positive response from the White House today,\" he told CNBC in an interview.</p>\n<p>The two sides will meet at the White House at 11:45 a.m., the White House said in a statement.</p>\n<p>The G-21 talks have focused on a $1.2 trillion, eight-year spending plan, with a mix of new and repurposed funding.</p>\n<p>For Biden, securing a large-scale infrastructure package is a top domestic priority.</p>\n<p>The White House opened talks with the group after the Democratic president broke off negotiations with Republican Senator Shelley Capito. The White House said her proposals had fallen short of meeting \"the essential needs of our country\".</p>\n<p>Biden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed spending about $2.3 trillion. Republicans chafed at his definition of infrastructure, which included fighting climate change and providing care for children and the elderly.</p>\n<p>The White House later trimmed the offer to about $1.7 trillion in an unsuccessful bid to win the Republican support needed for any plan to get the 60 votes required to advance most legislation in the evenly split 100-seat Senate. \"We came to an agreement on a plan ... and we're just going to try to wrap it up tomorrow,\" Democratic Senator Joe Manchin told reporters on Wednesday of the new plan.</p>\n<p>A major sticking point had been how to pay for the investments. Biden has pledged not to increase taxes on Americans earning less than $400,000 a year, while Republicans are determined to protect a 2017 cut in corporate taxes.</p>\n<p>Manchin said the framework encompassed a \"long list\" of so-called pay-fors and that all new spending would be offset with provisions to cover it, but he offered no specifics.</p>\n<p>Congressional Democrats are operating on two tracks.</p>\n<p>While they welcomed a bipartisan deal that could win enough Republican support to clear the Senate, they are also planning to bring up a separate measure with significant additional spending on unconventional infrastructure programs, such as home healthcare for the elderly.</p>\n<p>That measure would be brought up under special Senate rules for budget bills that would allow it to pass without any Republican support. In that case, Vice President Kamala Harris would be called upon to cast the tie-breaking vote.</p>\n<p>(Additional reporting by David Morgan, Richard Cowan, Makini Brice and Susan Heavey; Writing by Tim Ahmann; Editing by Lincoln Feast)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden to meet with bipartisan senators to discuss infrastructure plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden to meet with bipartisan senators to discuss infrastructure plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-24 20:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.</p>\n<p>Members of the group of 21 senators, or \"G-21,\" announced an agreement on a framework on Wednesday after a meeting with White House officials.</p>\n<p>Republican U.S. Senator Rob Portman, a member of the group, said they would see how the Democratic president responded and would work to sell the plan to other lawmakers in both political parties.</p>\n<p>\"I'm hopeful we can get a positive response from the White House today,\" he told CNBC in an interview.</p>\n<p>The two sides will meet at the White House at 11:45 a.m., the White House said in a statement.</p>\n<p>The G-21 talks have focused on a $1.2 trillion, eight-year spending plan, with a mix of new and repurposed funding.</p>\n<p>For Biden, securing a large-scale infrastructure package is a top domestic priority.</p>\n<p>The White House opened talks with the group after the Democratic president broke off negotiations with Republican Senator Shelley Capito. The White House said her proposals had fallen short of meeting \"the essential needs of our country\".</p>\n<p>Biden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed spending about $2.3 trillion. Republicans chafed at his definition of infrastructure, which included fighting climate change and providing care for children and the elderly.</p>\n<p>The White House later trimmed the offer to about $1.7 trillion in an unsuccessful bid to win the Republican support needed for any plan to get the 60 votes required to advance most legislation in the evenly split 100-seat Senate. \"We came to an agreement on a plan ... and we're just going to try to wrap it up tomorrow,\" Democratic Senator Joe Manchin told reporters on Wednesday of the new plan.</p>\n<p>A major sticking point had been how to pay for the investments. Biden has pledged not to increase taxes on Americans earning less than $400,000 a year, while Republicans are determined to protect a 2017 cut in corporate taxes.</p>\n<p>Manchin said the framework encompassed a \"long list\" of so-called pay-fors and that all new spending would be offset with provisions to cover it, but he offered no specifics.</p>\n<p>Congressional Democrats are operating on two tracks.</p>\n<p>While they welcomed a bipartisan deal that could win enough Republican support to clear the Senate, they are also planning to bring up a separate measure with significant additional spending on unconventional infrastructure programs, such as home healthcare for the elderly.</p>\n<p>That measure would be brought up under special Senate rules for budget bills that would allow it to pass without any Republican support. In that case, Vice President Kamala Harris would be called upon to cast the tie-breaking vote.</p>\n<p>(Additional reporting by David Morgan, Richard Cowan, Makini Brice and Susan Heavey; Writing by Tim Ahmann; Editing by Lincoln Feast)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145448160","content_text":"WASHINGTON, June 24 (Reuters) - President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.\nMembers of the group of 21 senators, or \"G-21,\" announced an agreement on a framework on Wednesday after a meeting with White House officials.\nRepublican U.S. Senator Rob Portman, a member of the group, said they would see how the Democratic president responded and would work to sell the plan to other lawmakers in both political parties.\n\"I'm hopeful we can get a positive response from the White House today,\" he told CNBC in an interview.\nThe two sides will meet at the White House at 11:45 a.m., the White House said in a statement.\nThe G-21 talks have focused on a $1.2 trillion, eight-year spending plan, with a mix of new and repurposed funding.\nFor Biden, securing a large-scale infrastructure package is a top domestic priority.\nThe White House opened talks with the group after the Democratic president broke off negotiations with Republican Senator Shelley Capito. The White House said her proposals had fallen short of meeting \"the essential needs of our country\".\nBiden, seeking to fuel growth and address income inequality after the coronavirus pandemic, initially proposed spending about $2.3 trillion. Republicans chafed at his definition of infrastructure, which included fighting climate change and providing care for children and the elderly.\nThe White House later trimmed the offer to about $1.7 trillion in an unsuccessful bid to win the Republican support needed for any plan to get the 60 votes required to advance most legislation in the evenly split 100-seat Senate. \"We came to an agreement on a plan ... and we're just going to try to wrap it up tomorrow,\" Democratic Senator Joe Manchin told reporters on Wednesday of the new plan.\nA major sticking point had been how to pay for the investments. Biden has pledged not to increase taxes on Americans earning less than $400,000 a year, while Republicans are determined to protect a 2017 cut in corporate taxes.\nManchin said the framework encompassed a \"long list\" of so-called pay-fors and that all new spending would be offset with provisions to cover it, but he offered no specifics.\nCongressional Democrats are operating on two tracks.\nWhile they welcomed a bipartisan deal that could win enough Republican support to clear the Senate, they are also planning to bring up a separate measure with significant additional spending on unconventional infrastructure programs, such as home healthcare for the elderly.\nThat measure would be brought up under special Senate rules for budget bills that would allow it to pass without any Republican support. In that case, Vice President Kamala Harris would be called upon to cast the tie-breaking vote.\n(Additional reporting by David Morgan, Richard Cowan, Makini Brice and Susan Heavey; Writing by Tim Ahmann; Editing by Lincoln Feast)","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166223538,"gmtCreate":1624013219524,"gmtModify":1703826538391,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello! It’s a wonderful day","listText":"Hello! It’s a wonderful day","text":"Hello! 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13:27","market":"us","language":"en","title":"Qualcomm Vs. MediaTek: Battle Of Smartphone Chipmakers","url":"https://stock-news.laohu8.com/highlight/detail?id=1160956168","media":"seekingalpha","summary":"Summary\n\nQualcomm and MediaTek are distinct brands in the smartphone chipset market supplying the cr","content":"<p><b>Summary</b></p>\n<ul>\n <li>Qualcomm and MediaTek are distinct brands in the smartphone chipset market supplying the crucial application processors essential for smartphones to function.</li>\n <li>We analysed the market leadership trends in terms of their market share of the smartphone application processor market.</li>\n <li>Another factor is the performance advantage and profitability where Qualcomm commands superior margins.</li>\n <li>Qualcomm is also more diversified and seeking to expand into the automotive computing platform market, leveraging its Snapdragon capabilities to support ADAS and AV.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e7f1469414dad95779725028eb74a20\" tg-width=\"1536\" tg-height=\"1024\"><span>Gumpanat/iStock via Getty Images</span></p>\n<p>In the smartphone market, both Qualcomm Incorporated(NASDAQ:QCOM)and MediaTek Inc.(OTCPK:MDTKF)are prominent suppliers of application processors which is a chipset essential to power a smartphone device. In terms of market share, both companies are dominant players, accounting for over 50% of the smartphone application processor market combined. Qualcomm has its renowned Snapdragon series of chipsets while MediaTek has the featured Helios and expanded Dimensity lineup. However, MediaTek has been more successful with its lineup, securing design wins with major smartphone manufacturers leading to it gaining share at the expense of Qualcomm.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/baebb940df0829e4a7d45434b92e2556\" tg-width=\"640\" tg-height=\"360\"><span>Source: Qualcomm, MediaTek</span></p>\n<p>MediaTek’s market share gains have been impressive and are attributed to its cost-effective Dimensity series, which the company has introduced with 5G compatibility. Its expanded lineup has secured design wins with key customers such as Xiaomi (OTCPK:XIACF), Samsung (OTC:SSNLF), and Oppo. MediaTek is also gaining popularity in developing markets where it has edged out Qualcomm for market leadership in markets including China, LATAM, EMEA, and India. However, we highlighted Qualcomm’s performance advantage leading to superior profitability with higher margins. Fundamentally, both SoCs consist of ARM-based CPU but Qualcomm uses a 5nm process technology for its latest and most advanced Snapdragon 888 powering the premium-tier smartphones.</p>\n<p>Besides the smartphone market, Qualcomm is also setting its sights to expand into the automotive market where it is planning to leverage its CPU and GPU expertise to extend the Snapdragon capabilities to handle ADAS and self-driving technologies and competing against Nvidia(NASDAQ:NVDA)and Intel’s(NASDAQ:INTC)Mobileye, whereas MediaTek maintains a more focused approach on the smartphone markets which faces the threat of stagnation owing to high smartphone ownership rates. Finally, we compared the company’s financials and applied a DCF analysis to value both companies.</p>\n<p><b>MediaTek Stealing Qualcomm’s Crown by Supplying Chinese Smartphone Manufacturers</b></p>\n<p>In 2020, MediaTek overtook Qualcomm to be the largest smartphone application processor supplier. While both companies remain as leaders of the global smartphone application processor market, MediaTek has displayed rapid growth whereas Qualcomm’s market share leadership has eroded since 2018. This trend is attributed to several factors including growing orders from key smartphone OEMs, the Huawei ban, and the company’s expanded 5G portfolio with the Dimensity 800 series targeted towards low to mid-tier devices. Based on the market share chart below, MediaTek has been gaining market share while Qualcomm’s market leadership has eroded. Though, the impact on Qualcomm has been cushioned by Samsung’s decision to outsource rather than using its unpopular Exynos chip among fans.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3b3de8666b0c748b1ba6d7c64374cd7\" tg-width=\"640\" tg-height=\"360\"><span>Source:Counterpoint Research</span></p>\n<p>Both companies supply to Samsung, Xiaomi, Oppo, and Vivo. These are key customers for Samsung,representing more than 10% of revenues each according to its annual report. On the other hand, MediaTek does not disclose its revenue contribution figures from customers. However, MediaTek has witnessed tremendous growth from Xiaomi and Samsung as it secured design wins to supply these companies with its newly launched 5G smartphone chipsets as well as trade tension pressures leading Chinese chipmakers to diversify their supply chain from the US-based Qualcomm. Additionally, Qualcomm was reported to have faced supply chain issues due to the production shutdown of Samsung’s Austin fab in Q1 2021, which manufactures some of Qualcomm’s chips. In terms of shipments, Xiaomi was the company’s biggest customer and reportedly shipped 223% more smartphones with the company’s chips as compared to 2019. Oppo was MediaTek’s second-biggest customer in 2020, shipping 19% more chips than 2019. Samsung also saw demand for MediaTek smartphones grow by over 250% in 2020 over 2019 while demand for Qualcomm declined by 53% based on estimates derived from its market shares.</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Top Customers</b></p></td>\n <td><p><b>Qualcomm 2020 Shipments ('mln)</b></p></td>\n <td><p><b>Growth (%)</b></p></td>\n <td><p><b>MediaTek 2020 Shipments ('mln')</b></p></td>\n <td><p><b>Growth (%)</b></p></td>\n </tr>\n <tr>\n <td><p>Xiaomi</p></td>\n <td><p>82.9</p></td>\n <td><p>-21%</p></td>\n <td><p>63.7</p></td>\n <td><p>223%</p></td>\n </tr>\n <tr>\n <td><p>Oppo</p></td>\n <td><p>56.5</p></td>\n <td><p>-23%</p></td>\n <td><p>55.3</p></td>\n <td><p>19%</p></td>\n </tr>\n <tr>\n <td><p>Samsung</p></td>\n <td><p>22.7</p></td>\n <td><p>-53%</p></td>\n <td><p>43.3</p></td>\n <td><p>255%</p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source:GSM Arena,SamMobile,Xiaomi,Counterpoint Research</i></p>\n<p>The exposure that MediaTek has obtained from its relationship with Chinese smartphone manufacturers, Xiaomi and Oppo, has been highly beneficial as these companies are cannibalizing Huawei’s sales which have felt the impact of the trade embargo by the US. As shown in the chart below, Chinese smartphone competitors have gained market share at the expense of Huawei.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/019a25e2375e21aee3c43ca63a7cf67f\" tg-width=\"640\" tg-height=\"366\"><span>Source:Counterpoint Research</span></p>\n<p>Besides winning Chinese smartphone manufacturers, another factor that is attributable to the rise in MediaTek is in developing countries where its affordable chipsets are seeing rising adoption. This is evident in the largest smartphone market in the world,China, accounting for 26.6% of global smartphone shipments. Here, MediaTek’s market share among China’s 5G smartphones has risen rapidly in 2020 with the expansion of its 5G lineup and design wins by Chinese smartphone manufacturers. At the end of Q4 2020, it has attained a market share of 40.4% which is ahead of Qualcomm at 20.1%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c1d61a11ca7e352dd632fd9d0826655\" tg-width=\"640\" tg-height=\"440\"><span>Source:IDC</span></p>\n<p>Besides China, other developing regions are seeing rising adoption of MediaTek’s application processors. This includes LATAM, MEA, and India, where MediaTek has become the largest supplier of smartphone chipsets ahead of Qualcomm with its affordable 5G lineup. Also, the chart highlights Samsung’s Exynos chip decreasing market share as it outsources instead.</p>\n<p><b>Market Share Growth by Region</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba4ad6a0e12444c1be33ff36bd4d1182\" tg-width=\"640\" tg-height=\"364\"><span>Source:Counterpoint Research</span></p>\n<p>Moreover, the developing countries make up some of the largest smartphone markets globally with China, India, Indonesia, and Brazil being among the top 5 markets. These growth markets are only about 60% penetrated in terms of smartphone ownership. India has the lowest penetration at only 31.8%, which shows a significant opportunity for high potential for growth in the country. In 2020, the global smartphone market wasvaluedat $714.96 bln and is forecasted to grow at a CAGR of 11.2%.</p>\n<p><b>Worldwide Smartphone Sales by Region ('mln')</b></p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Region</b></p></td>\n <td><p><b>2020</b></p></td>\n <td><p><b>2021F</b></p></td>\n <td><p><b>Growth (%)</b></p></td>\n </tr>\n <tr>\n <td><p>Eastern Europe</p></td>\n <td><p>43</p></td>\n <td><p>49</p></td>\n <td><p>14.91%</p></td>\n </tr>\n <tr>\n <td><p>Emerging Asia/Pacific</p></td>\n <td><p>337</p></td>\n <td><p>366</p></td>\n <td><p>8.61%</p></td>\n </tr>\n <tr>\n <td><p>Eurasia</p></td>\n <td><p>43</p></td>\n <td><p>47</p></td>\n <td><p>8.71%</p></td>\n </tr>\n <tr>\n <td><p>Greater China</p></td>\n <td><p>368</p></td>\n <td><p>410</p></td>\n <td><p>11.40%</p></td>\n </tr>\n <tr>\n <td><p>Latin America</p></td>\n <td><p>116</p></td>\n <td><p>134</p></td>\n <td><p>15.52%</p></td>\n </tr>\n <tr>\n <td><p>Mature Asia/Pacific</p></td>\n <td><p>26</p></td>\n <td><p>30</p></td>\n <td><p>15.76%</p></td>\n </tr>\n <tr>\n <td><p>Middle East and North Africa</p></td>\n <td><p>71</p></td>\n <td><p>79</p></td>\n <td><p>10.68%</p></td>\n </tr>\n <tr>\n <td><p>North America</p></td>\n <td><p>136</p></td>\n <td><p>152</p></td>\n <td><p>11.37%</p></td>\n </tr>\n <tr>\n <td><p>Sub-Saharan Africa</p></td>\n <td><p>84</p></td>\n <td><p>94</p></td>\n <td><p>11.67%</p></td>\n </tr>\n <tr>\n <td><p>Western Europe</p></td>\n <td><p>125</p></td>\n <td><p>143</p></td>\n <td><p>13.85%</p></td>\n </tr>\n <tr>\n <td><p>Japan</p></td>\n <td><p>27</p></td>\n <td><p>30</p></td>\n <td><p>10.90%</p></td>\n </tr>\n <tr>\n <td><p><b>Grand Total</b></p></td>\n <td><p><b>1,379</b></p></td>\n <td><p><b>1,535</b></p></td>\n <td><p><b>11.36%</b></p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source:Gartner, Khaveen Investments</i></p>\n<p>Overall, MediaTek has been able to deepen its relationship with Chinese smartphone manufacturers by securing new design wins with its expanded 5G Dimensity lineup while Qualcomm, which has had an early advantage, is starting to feel the pinch from MediaTek. This has also enabled MediaTek to secure large parts of the developing markets including China, LATAM, MEA, and India which account for over 60% of the smartphone market. These factors are attributable to MediaTek’s rising share in the past 3 years and edging out Qualcomm’s market leadership.</p>\n<p><b>Qualcomm Still Maintains Superior Technology with Greater Profitability</b></p>\n<p>Although MediaTek has claimed market leadership over Qualcomm, another aspect that contrasts both companies are in terms of performance. Historically, Qualcomm has maintained an edge over MediaTek in terms of application processor performance. However, both companies utilize the same ARM-based processors. Qualcomm derives its performance advantage from its process technology at the premium tier and the Adreno GPU component of its SoC which is more customized than MediaTek.</p>\n<p>To compare the performance of the companies’ chipsets, we referred to benchmarks from Centurion Mark, which is a well-regarded benchmark used to analyze the performance of each series of application processors. Centurion Mark is determined by testing the processors on over 20 different parameters. Some of these parameters such as User Experience and Raw CPU Performance have a significant impact on the score while there are some minor parameters as well that make a little difference (For example, Dual VoLTE Support). These are the 5 major factors that influence Centurion Mark: User Experience, Real-World Performance, Raw CPU Performance, Raw GPU Performance, Features and Technologies Present. The graphs below show the centurion mark for both Qualcomm and MediaTek chips. Based on the centurion mark, Qualcomm appears to have better performing chipsets with a higher score.</p>\n<p><img src=\"https://static.tigerbbs.com/fd0a178f080cf09e36e490ae449474d8\" tg-width=\"568\" tg-height=\"562\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0443c6cb35170d9e3fac3453232a7ca0\" tg-width=\"567\" tg-height=\"506\"><span>Source: Tech Centurion</span></p>\n<p>For the premium tier, the Snapdragon 888 is Qualcomm’s latest and most advanced chipset which is compared to MediaTek’s Dimensity 1000 series. The Snapdragon 888 has a Centurion Mark score of 156 which is higher than Dimensity 1000 at up to 150 only. Specification wise, both chips have the same number of ARM Cortex cores but the fundamentaldifferencesbetween these chipsets are the process technology used to manufacture them. Qualcomm uses a 5nm process by Samsung while MediaTek uses 6nm for the Dimensity chip leading to better CPU performance and battery life from more efficient power consumption. Additionally, Qualcomm’s Adreno GPUs are semi-customed by Qualcomm while MediaTek uses a standard ARM Mali GPU which also explains the better GPU performance for Qualcomm.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a22e12404ab1ff32846a8b255243dd5d\" tg-width=\"640\" tg-height=\"277\"><span>Source:NanoReview</span></p>\n<p>The reason this performance advantage for Qualcomm is significant is because of the superior profitability it commands. In terms of pricing, Qualcomm’s average chip price is $51.70 which is significantly higher than MediaTek’s average chip price of $32.55. We calculated this price by dividing the revenue by the total shipments of 2020.</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Company</b></p></td>\n <td><p><b>Revenue ($ mln)</b></p></td>\n <td><p><b>Shipments ('mln')</b></p></td>\n <td><p><b>Average Chipset Price ($)</b></p></td>\n </tr>\n <tr>\n <td><p>Qualcomm</p></td>\n <td><p>16,493</p></td>\n <td><p>319</p></td>\n <td><p>$51.70</p></td>\n </tr>\n <tr>\n <td><p>MediaTek</p></td>\n <td><p>11,457</p></td>\n <td><p>352</p></td>\n <td><p>$32.55</p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source: Qualcomm, MediaTek,Omdia</i></p>\n<p>This higher pricing power of Qualcomm improves its margins as the company has about 60% gross margins. In comparison, MediaTek’s gross margins are only about 42%. This difference shows that although MediaTek has more shipments and is currently the market leader, Qualcomm is the more profitable company.</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Company</b></p></td>\n <td><p><b>Gross Margins (%)</b></p></td>\n </tr>\n <tr>\n <td><p>Qualcomm</p></td>\n <td><p>60.67%</p></td>\n </tr>\n <tr>\n <td><p>MediaTek</p></td>\n <td><p>41.85%</p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source: Qualcomm, MediaTek</i></p>\n<p>That said, the performance advantage is likely less to price sensitive consumers in the lower-tier market which is why MediaTek is still gaining market share. Additionally, MediaTek is also believed to be beefing up its Dimensity series with the help of TSMC touseits 5nm process technology which may close the performance gap with Qualcomm in future lineups. However, Qualcomm is still the superior company in terms of performance and commands higher profitability. Moreover, the high-end smartphone market share is expected to remain stable as seen in the chart below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d38124fca0411397058ef95c3bd86e82\" tg-width=\"640\" tg-height=\"353\"><span>Source:Statista</span></p>\n<p><b>Expansion Opportunities Beyond Smartphones with Automotive SoCs</b></p>\n<p>Apart from emerging markets, the ownership rate of smartphones is already at a mature rate in more developed countries. In 2020, the global smartphonepenetration rateis estimated to be around 78%. This presents a long-term risk to both companies which depend heavily on the smartphone application processor market. However, Qualcomm has a relatively more diversified business structure and intends to expand into the automotive chipset market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e8e41da4ba837719eb1c665e3e2d965\" tg-width=\"640\" tg-height=\"360\"><span>Source: Qualcomm, MediaTek</span></p>\n<p>Qualcomm leverages its wireless and connectivity expertise to cater to the automotive infotainment chip market. In 2021, the company and General Motors(NYSE:GM)announced an agreement for the Qualcomm Snapdragon Automotive Cockpit Platforms to power digital cockpits and next-generation telematics systems. Moreover, the company is seeking to expand into the ADAS and AV chip market, leveraging its CPU and GPU capabilities and competing against Nvidia’s DRIVE and Intel’s Mobileye. The company intends to scale its Snapdragon automotive processor for ADAS and self-driving vehicles promising performances of up to 700 TOPs. Management claims that its Snapdragon Ride ADAS system could be launched by 2022. In relation, the company is partnering with Veoneer (VNE), a previous partner of Nvidia, which provides ADAS and AV solutions including its Arriver software which the companies plan to integrate with the Snapdragon Ride Platform. In terms of design wins, Mobileye and Nvidia have secured a greater network of automakers compared to Qualcomm. The company is believed to have landed GM as a major customer to implement its ADAS.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/46454ca65fd58bb6d2cb7cade4c6ff80\" tg-width=\"640\" tg-height=\"370\"><span>Source:Forbes</span></p>\n<p>According to Navigant Research, the research firm ranks Nvidia and Intel Mobileye ahead of Qualcomm in the automotive self-driving compute platform but still a leader in this area. Overall, Qualcomm has set its sights in the automotive market in contrast to MediaTek which remains focused on the smartphone market. This means that Qualcomm is in a better position to reap the benefits of the rising global automotive chip market size which is forecasted to reach $56.24 bln by 2025, growing at a CAGR of 10.7%, driven by rising ADAS applications.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/caaee72690ad5a003eaca38e87582254\" tg-width=\"640\" tg-height=\"526\"><span>Source:Navigant Research</span></p>\n<p><b>Trade Tensions Risk Impacting the Smartphone Application Processor Market</b></p>\n<p>Comparing both companies’ revenue breakdown by region, both Qualcomm and MediaTek derive a significant portion of their revenues from the Asia Pacific region with Qualcomm making 59% of revenue from China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df35cbb1079862cef39b51c87aeb6b2f\" tg-width=\"640\" tg-height=\"360\"><span>Source: Qualcomm, MediaTek</span></p>\n<p>We believe the greatest risk for Qualcomm is the escalating trade tensions between the US and China. In 2020, the company was barred from doing business with Huawei like other US companies until it was later modified to allow older generation 4G chips to be supplied to Huawei. This may have provided some relief for Qualcomm but the restriction on 5G technology remaining in place affects both Qualcomm and Huawei negatively. Though, the wider implication of rising dispute between the two largest economies may impact Qualcomm. This is the case where other Chinese smartphone manufacturers may be diversifying their supply chain benefitting MediaTek to prevent the threat of trade embargoes against them in the future. If trade tensions continue to escalate between the countries’ governments, Qualcomm stands to lose as it is heavily reliant on the Chinese market. Additionally, this could lead to a shift that may see MediaTek benefit from orders redirected from Qualcomm to it by Chinese manufacturers.</p>\n<p><b>Valuation</b></p>\n<p>The 5-year average revenue growth of Qualcomm is -1.3%. The 5-year average gross and net margins are 59.3% and 10.68%, respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55dd3ee9656dd75e9f78a5ddbdeae78f\" tg-width=\"640\" tg-height=\"360\"><span>Source: Qualcomm, Khaveen Investments</span></p>\n<p>The 5-year average revenue growth of MediaTek is 13.6%. The 5-year average gross and net margins are 39.1% and 9.92%, respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/630f67ef59ab999c05edb8f2b2f91069\" tg-width=\"640\" tg-height=\"360\"><span>Source: MediaTek, Khaveen Investments</span></p>\n<p>Qualcomm’s 5-year average free cash flow margin is 37.71%. The extremely high positive capex in 2017 is due to the sale of marketable securities for $41,715 mln.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cc8b1511f2dec7af834c157c61abac6\" tg-width=\"640\" tg-height=\"360\"><span>Source: Qualcomm, Khaveen Investments</span></p>\n<p>In comparison, MediaTek’s 5-year average free cash flow margin is lower than Qualcomm at 12.95%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41b88ceac81579cc2483ede843d90b22\" tg-width=\"640\" tg-height=\"360\"><span>Source: MediaTek, Khaveen Investments</span></p>\n<p>Since both companies have positive free cash flows, we used a DCF model to accurately value the companies. The industry average EV/EBITDA is 16.96x, as shown in the table below.</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Company</b></p></td>\n <td><p><b>EV/EBITDA</b></p></td>\n </tr>\n <tr>\n <td><p>Qualcomm</p></td>\n <td><p>15.03x</p></td>\n </tr>\n <tr>\n <td><p>MediaTek</p></td>\n <td><p>20.52x</p></td>\n </tr>\n <tr>\n <td><p>Qorvo (QRVO)</p></td>\n <td><p>15.04x</p></td>\n </tr>\n <tr>\n <td><p>Skyworks (SWKS)</p></td>\n <td><p>15.61x</p></td>\n </tr>\n <tr>\n <td><p>Broadcom (AVGO)</p></td>\n <td><p>18.61x</p></td>\n </tr>\n <tr>\n <td><p><b>Average</b></p></td>\n <td><p><b>16.96x</b></p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source: Seeking Alpha</i></p>\n<p>The revenue projections for Qualcomm in 2021 are based on the prorated figure. We used the revenues obtained in the first 2 quarters, along with the third quarterguidance, to forecast the full year revenue. For 2022 and 2023, the forecasted revenues are based on the market CAGR for each of the segments. The handset and RFFE segment is expected togrowat 11% which is the market forecast for the global smartphone application processor market. The QTL segment is also based on the same growth rate as the segments are interlinked. The IoT segment is expected togrowat 14.9% which is the market forecast for the global IoT chip market. Similarly, the automotive segment is expected togrowat 10.7% which is the global automotive chip market CAGR. Overall, the revenue growth for 2021 is forecasted at 46%. For 2022 and 2023, the revenue growth forecast is 11% and 12%, respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2c510460160ce7ca980bbb9ff6c4571\" tg-width=\"606\" tg-height=\"762\"><span>Source:Market Research Future,Grand View Research,GlobeNewswire,Qualcomm,KhaveenInvestments</span></p>\n<p>For MediaTek’s revenue projections, we based the 2021 forecast based on companyguidanceof 40% year-on-year growth in revenue. For 2022 and 2023, we based the revenue growth on the global smartphone application processor market CAGR of 11%. Based on these forecasts, the revenue growth for 2021 is 40%, with 2022 and 2023 revenue growth at 11%.</p>\n<table>\n <tbody></tbody>\n</table>\n<table>\n <tbody>\n <tr>\n <td><p><b>MediaTek Revenue Segments (USD mln)</b></p></td>\n <td><p><b>2020</b></p></td>\n <td><p><b>2021F</b></p></td>\n <td><p><b>2022F</b></p></td>\n <td><p><b>2023F</b></p></td>\n </tr>\n <tr>\n <td><p>Multimedia Chipsets</p></td>\n <td><p>11,292</p></td>\n <td><p>15,809</p></td>\n <td><p>17,548</p></td>\n <td><p>19,479</p></td>\n </tr>\n <tr>\n <td><p>Others</p></td>\n <td><p>165</p></td>\n <td><p>231</p></td>\n <td><p>256</p></td>\n <td><p>285</p></td>\n </tr>\n <tr>\n <td><p><b>Total</b></p></td>\n <td><p><b>11,457</b></p></td>\n <td><p><b>16,040</b></p></td>\n <td><p><b>17,805</b></p></td>\n <td><p><b>19,763</b></p></td>\n </tr>\n <tr>\n <td><p><b>Growth (%)</b></p></td>\n <td><p><b>40%</b></p></td>\n <td><p><b>11%</b></p></td>\n <td><p><b>11%</b></p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source:Market Research Future,MediaTek, Khaveen Investments</i></p>\n<p>Based on Qualcomm’s discount rate of 13% (company’s WACC), the upside is 25.55%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d09f4e18715408e3895f867a667c193\" tg-width=\"640\" tg-height=\"360\"><span>Source: Khaveen Investments</span></p>\n<p>Based on MediaTek’s discount rate of 9.2% (company’s WACC), the upside is -4.74%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d470f7bb3468f096da5e905de91de957\" tg-width=\"640\" tg-height=\"360\"><span>Source: Khaveen Investments</span></p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Company</b></p></td>\n <td><p><b>Current Price</b></p></td>\n <td><p><b>Target Price</b></p></td>\n <td><p><b>Upside (%)</b></p></td>\n </tr>\n <tr>\n <td><p>Qualcomm</p></td>\n <td><p>$134.54</p></td>\n <td><p>$168.93</p></td>\n <td><p>25.55%</p></td>\n </tr>\n <tr>\n <td><p>MediaTek</p></td>\n <td><p>TWD978.36</p></td>\n <td><p>TWD1,021</p></td>\n <td><p>-4.74%</p></td>\n </tr>\n </tbody>\n</table>\n<p><i>Source: Khaveen Investments</i></p>\n<p><b>Verdict</b></p>\n<p>The market share trends are favouring MediaTek due to its expanded product lineup of affordable 5G chipsets securing design wins with Chinese smartphone manufacturers and Samsung. This is also significant as Chinese smartphone manufacturers are cannibalizing Huawei’s market positioning. This has also enabled it to gain ground in developing markets where smartphone ownership rates are still low compared to more developed regions. Despite that, we believe Qualcomm still edges out over MediaTek as it has superior profitability and maintains a performance advantage over MediaTek. Qualcomm’s focus on R&D and strong relationship with foundries solidified the Snapdragon 888’s performance advantage to cater to the premium tier and leading to higher margins than MediaTek. Additionally, Qualcomm is building on its efforts to leverage the Snapdragon platform across adjacent markets, especially in automotive where it is developing an auto compute platform with ADAS and AV capabilities, while MediaTek remains focused on the smartphone market. Overall, we rate Qualcomm as a Buy with a target price of $168.93 and MediaTek as a Hold with a target price of TWD1,021.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Qualcomm Vs. MediaTek: Battle Of Smartphone Chipmakers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQualcomm Vs. MediaTek: Battle Of Smartphone Chipmakers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 13:27 GMT+8 <a href=https://seekingalpha.com/article/4435058-qualcomm-vs-mediatek-battle-of-smartphone-chipmakers><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nQualcomm and MediaTek are distinct brands in the smartphone chipset market supplying the crucial application processors essential for smartphones to function.\nWe analysed the market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435058-qualcomm-vs-mediatek-battle-of-smartphone-chipmakers\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通"},"source_url":"https://seekingalpha.com/article/4435058-qualcomm-vs-mediatek-battle-of-smartphone-chipmakers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160956168","content_text":"Summary\n\nQualcomm and MediaTek are distinct brands in the smartphone chipset market supplying the crucial application processors essential for smartphones to function.\nWe analysed the market leadership trends in terms of their market share of the smartphone application processor market.\nAnother factor is the performance advantage and profitability where Qualcomm commands superior margins.\nQualcomm is also more diversified and seeking to expand into the automotive computing platform market, leveraging its Snapdragon capabilities to support ADAS and AV.\n\nGumpanat/iStock via Getty Images\nIn the smartphone market, both Qualcomm Incorporated(NASDAQ:QCOM)and MediaTek Inc.(OTCPK:MDTKF)are prominent suppliers of application processors which is a chipset essential to power a smartphone device. In terms of market share, both companies are dominant players, accounting for over 50% of the smartphone application processor market combined. Qualcomm has its renowned Snapdragon series of chipsets while MediaTek has the featured Helios and expanded Dimensity lineup. However, MediaTek has been more successful with its lineup, securing design wins with major smartphone manufacturers leading to it gaining share at the expense of Qualcomm.\nSource: Qualcomm, MediaTek\nMediaTek’s market share gains have been impressive and are attributed to its cost-effective Dimensity series, which the company has introduced with 5G compatibility. Its expanded lineup has secured design wins with key customers such as Xiaomi (OTCPK:XIACF), Samsung (OTC:SSNLF), and Oppo. MediaTek is also gaining popularity in developing markets where it has edged out Qualcomm for market leadership in markets including China, LATAM, EMEA, and India. However, we highlighted Qualcomm’s performance advantage leading to superior profitability with higher margins. Fundamentally, both SoCs consist of ARM-based CPU but Qualcomm uses a 5nm process technology for its latest and most advanced Snapdragon 888 powering the premium-tier smartphones.\nBesides the smartphone market, Qualcomm is also setting its sights to expand into the automotive market where it is planning to leverage its CPU and GPU expertise to extend the Snapdragon capabilities to handle ADAS and self-driving technologies and competing against Nvidia(NASDAQ:NVDA)and Intel’s(NASDAQ:INTC)Mobileye, whereas MediaTek maintains a more focused approach on the smartphone markets which faces the threat of stagnation owing to high smartphone ownership rates. Finally, we compared the company’s financials and applied a DCF analysis to value both companies.\nMediaTek Stealing Qualcomm’s Crown by Supplying Chinese Smartphone Manufacturers\nIn 2020, MediaTek overtook Qualcomm to be the largest smartphone application processor supplier. While both companies remain as leaders of the global smartphone application processor market, MediaTek has displayed rapid growth whereas Qualcomm’s market share leadership has eroded since 2018. This trend is attributed to several factors including growing orders from key smartphone OEMs, the Huawei ban, and the company’s expanded 5G portfolio with the Dimensity 800 series targeted towards low to mid-tier devices. Based on the market share chart below, MediaTek has been gaining market share while Qualcomm’s market leadership has eroded. Though, the impact on Qualcomm has been cushioned by Samsung’s decision to outsource rather than using its unpopular Exynos chip among fans.\nSource:Counterpoint Research\nBoth companies supply to Samsung, Xiaomi, Oppo, and Vivo. These are key customers for Samsung,representing more than 10% of revenues each according to its annual report. On the other hand, MediaTek does not disclose its revenue contribution figures from customers. However, MediaTek has witnessed tremendous growth from Xiaomi and Samsung as it secured design wins to supply these companies with its newly launched 5G smartphone chipsets as well as trade tension pressures leading Chinese chipmakers to diversify their supply chain from the US-based Qualcomm. Additionally, Qualcomm was reported to have faced supply chain issues due to the production shutdown of Samsung’s Austin fab in Q1 2021, which manufactures some of Qualcomm’s chips. In terms of shipments, Xiaomi was the company’s biggest customer and reportedly shipped 223% more smartphones with the company’s chips as compared to 2019. Oppo was MediaTek’s second-biggest customer in 2020, shipping 19% more chips than 2019. Samsung also saw demand for MediaTek smartphones grow by over 250% in 2020 over 2019 while demand for Qualcomm declined by 53% based on estimates derived from its market shares.\n\n\n\nTop Customers\nQualcomm 2020 Shipments ('mln)\nGrowth (%)\nMediaTek 2020 Shipments ('mln')\nGrowth (%)\n\n\nXiaomi\n82.9\n-21%\n63.7\n223%\n\n\nOppo\n56.5\n-23%\n55.3\n19%\n\n\nSamsung\n22.7\n-53%\n43.3\n255%\n\n\n\nSource:GSM Arena,SamMobile,Xiaomi,Counterpoint Research\nThe exposure that MediaTek has obtained from its relationship with Chinese smartphone manufacturers, Xiaomi and Oppo, has been highly beneficial as these companies are cannibalizing Huawei’s sales which have felt the impact of the trade embargo by the US. As shown in the chart below, Chinese smartphone competitors have gained market share at the expense of Huawei.\nSource:Counterpoint Research\nBesides winning Chinese smartphone manufacturers, another factor that is attributable to the rise in MediaTek is in developing countries where its affordable chipsets are seeing rising adoption. This is evident in the largest smartphone market in the world,China, accounting for 26.6% of global smartphone shipments. Here, MediaTek’s market share among China’s 5G smartphones has risen rapidly in 2020 with the expansion of its 5G lineup and design wins by Chinese smartphone manufacturers. At the end of Q4 2020, it has attained a market share of 40.4% which is ahead of Qualcomm at 20.1%.\nSource:IDC\nBesides China, other developing regions are seeing rising adoption of MediaTek’s application processors. This includes LATAM, MEA, and India, where MediaTek has become the largest supplier of smartphone chipsets ahead of Qualcomm with its affordable 5G lineup. Also, the chart highlights Samsung’s Exynos chip decreasing market share as it outsources instead.\nMarket Share Growth by Region\nSource:Counterpoint Research\nMoreover, the developing countries make up some of the largest smartphone markets globally with China, India, Indonesia, and Brazil being among the top 5 markets. These growth markets are only about 60% penetrated in terms of smartphone ownership. India has the lowest penetration at only 31.8%, which shows a significant opportunity for high potential for growth in the country. In 2020, the global smartphone market wasvaluedat $714.96 bln and is forecasted to grow at a CAGR of 11.2%.\nWorldwide Smartphone Sales by Region ('mln')\n\n\n\nRegion\n2020\n2021F\nGrowth (%)\n\n\nEastern Europe\n43\n49\n14.91%\n\n\nEmerging Asia/Pacific\n337\n366\n8.61%\n\n\nEurasia\n43\n47\n8.71%\n\n\nGreater China\n368\n410\n11.40%\n\n\nLatin America\n116\n134\n15.52%\n\n\nMature Asia/Pacific\n26\n30\n15.76%\n\n\nMiddle East and North Africa\n71\n79\n10.68%\n\n\nNorth America\n136\n152\n11.37%\n\n\nSub-Saharan Africa\n84\n94\n11.67%\n\n\nWestern Europe\n125\n143\n13.85%\n\n\nJapan\n27\n30\n10.90%\n\n\nGrand Total\n1,379\n1,535\n11.36%\n\n\n\nSource:Gartner, Khaveen Investments\nOverall, MediaTek has been able to deepen its relationship with Chinese smartphone manufacturers by securing new design wins with its expanded 5G Dimensity lineup while Qualcomm, which has had an early advantage, is starting to feel the pinch from MediaTek. This has also enabled MediaTek to secure large parts of the developing markets including China, LATAM, MEA, and India which account for over 60% of the smartphone market. These factors are attributable to MediaTek’s rising share in the past 3 years and edging out Qualcomm’s market leadership.\nQualcomm Still Maintains Superior Technology with Greater Profitability\nAlthough MediaTek has claimed market leadership over Qualcomm, another aspect that contrasts both companies are in terms of performance. Historically, Qualcomm has maintained an edge over MediaTek in terms of application processor performance. However, both companies utilize the same ARM-based processors. Qualcomm derives its performance advantage from its process technology at the premium tier and the Adreno GPU component of its SoC which is more customized than MediaTek.\nTo compare the performance of the companies’ chipsets, we referred to benchmarks from Centurion Mark, which is a well-regarded benchmark used to analyze the performance of each series of application processors. Centurion Mark is determined by testing the processors on over 20 different parameters. Some of these parameters such as User Experience and Raw CPU Performance have a significant impact on the score while there are some minor parameters as well that make a little difference (For example, Dual VoLTE Support). These are the 5 major factors that influence Centurion Mark: User Experience, Real-World Performance, Raw CPU Performance, Raw GPU Performance, Features and Technologies Present. The graphs below show the centurion mark for both Qualcomm and MediaTek chips. Based on the centurion mark, Qualcomm appears to have better performing chipsets with a higher score.\n\nSource: Tech Centurion\nFor the premium tier, the Snapdragon 888 is Qualcomm’s latest and most advanced chipset which is compared to MediaTek’s Dimensity 1000 series. The Snapdragon 888 has a Centurion Mark score of 156 which is higher than Dimensity 1000 at up to 150 only. Specification wise, both chips have the same number of ARM Cortex cores but the fundamentaldifferencesbetween these chipsets are the process technology used to manufacture them. Qualcomm uses a 5nm process by Samsung while MediaTek uses 6nm for the Dimensity chip leading to better CPU performance and battery life from more efficient power consumption. Additionally, Qualcomm’s Adreno GPUs are semi-customed by Qualcomm while MediaTek uses a standard ARM Mali GPU which also explains the better GPU performance for Qualcomm.\nSource:NanoReview\nThe reason this performance advantage for Qualcomm is significant is because of the superior profitability it commands. In terms of pricing, Qualcomm’s average chip price is $51.70 which is significantly higher than MediaTek’s average chip price of $32.55. We calculated this price by dividing the revenue by the total shipments of 2020.\n\n\n\nCompany\nRevenue ($ mln)\nShipments ('mln')\nAverage Chipset Price ($)\n\n\nQualcomm\n16,493\n319\n$51.70\n\n\nMediaTek\n11,457\n352\n$32.55\n\n\n\nSource: Qualcomm, MediaTek,Omdia\nThis higher pricing power of Qualcomm improves its margins as the company has about 60% gross margins. In comparison, MediaTek’s gross margins are only about 42%. This difference shows that although MediaTek has more shipments and is currently the market leader, Qualcomm is the more profitable company.\n\n\n\nCompany\nGross Margins (%)\n\n\nQualcomm\n60.67%\n\n\nMediaTek\n41.85%\n\n\n\nSource: Qualcomm, MediaTek\nThat said, the performance advantage is likely less to price sensitive consumers in the lower-tier market which is why MediaTek is still gaining market share. Additionally, MediaTek is also believed to be beefing up its Dimensity series with the help of TSMC touseits 5nm process technology which may close the performance gap with Qualcomm in future lineups. However, Qualcomm is still the superior company in terms of performance and commands higher profitability. Moreover, the high-end smartphone market share is expected to remain stable as seen in the chart below.\nSource:Statista\nExpansion Opportunities Beyond Smartphones with Automotive SoCs\nApart from emerging markets, the ownership rate of smartphones is already at a mature rate in more developed countries. In 2020, the global smartphonepenetration rateis estimated to be around 78%. This presents a long-term risk to both companies which depend heavily on the smartphone application processor market. However, Qualcomm has a relatively more diversified business structure and intends to expand into the automotive chipset market.\nSource: Qualcomm, MediaTek\nQualcomm leverages its wireless and connectivity expertise to cater to the automotive infotainment chip market. In 2021, the company and General Motors(NYSE:GM)announced an agreement for the Qualcomm Snapdragon Automotive Cockpit Platforms to power digital cockpits and next-generation telematics systems. Moreover, the company is seeking to expand into the ADAS and AV chip market, leveraging its CPU and GPU capabilities and competing against Nvidia’s DRIVE and Intel’s Mobileye. The company intends to scale its Snapdragon automotive processor for ADAS and self-driving vehicles promising performances of up to 700 TOPs. Management claims that its Snapdragon Ride ADAS system could be launched by 2022. In relation, the company is partnering with Veoneer (VNE), a previous partner of Nvidia, which provides ADAS and AV solutions including its Arriver software which the companies plan to integrate with the Snapdragon Ride Platform. In terms of design wins, Mobileye and Nvidia have secured a greater network of automakers compared to Qualcomm. The company is believed to have landed GM as a major customer to implement its ADAS.\nSource:Forbes\nAccording to Navigant Research, the research firm ranks Nvidia and Intel Mobileye ahead of Qualcomm in the automotive self-driving compute platform but still a leader in this area. Overall, Qualcomm has set its sights in the automotive market in contrast to MediaTek which remains focused on the smartphone market. This means that Qualcomm is in a better position to reap the benefits of the rising global automotive chip market size which is forecasted to reach $56.24 bln by 2025, growing at a CAGR of 10.7%, driven by rising ADAS applications.\nSource:Navigant Research\nTrade Tensions Risk Impacting the Smartphone Application Processor Market\nComparing both companies’ revenue breakdown by region, both Qualcomm and MediaTek derive a significant portion of their revenues from the Asia Pacific region with Qualcomm making 59% of revenue from China.\nSource: Qualcomm, MediaTek\nWe believe the greatest risk for Qualcomm is the escalating trade tensions between the US and China. In 2020, the company was barred from doing business with Huawei like other US companies until it was later modified to allow older generation 4G chips to be supplied to Huawei. This may have provided some relief for Qualcomm but the restriction on 5G technology remaining in place affects both Qualcomm and Huawei negatively. Though, the wider implication of rising dispute between the two largest economies may impact Qualcomm. This is the case where other Chinese smartphone manufacturers may be diversifying their supply chain benefitting MediaTek to prevent the threat of trade embargoes against them in the future. If trade tensions continue to escalate between the countries’ governments, Qualcomm stands to lose as it is heavily reliant on the Chinese market. Additionally, this could lead to a shift that may see MediaTek benefit from orders redirected from Qualcomm to it by Chinese manufacturers.\nValuation\nThe 5-year average revenue growth of Qualcomm is -1.3%. The 5-year average gross and net margins are 59.3% and 10.68%, respectively.\nSource: Qualcomm, Khaveen Investments\nThe 5-year average revenue growth of MediaTek is 13.6%. The 5-year average gross and net margins are 39.1% and 9.92%, respectively.\nSource: MediaTek, Khaveen Investments\nQualcomm’s 5-year average free cash flow margin is 37.71%. The extremely high positive capex in 2017 is due to the sale of marketable securities for $41,715 mln.\nSource: Qualcomm, Khaveen Investments\nIn comparison, MediaTek’s 5-year average free cash flow margin is lower than Qualcomm at 12.95%.\nSource: MediaTek, Khaveen Investments\nSince both companies have positive free cash flows, we used a DCF model to accurately value the companies. The industry average EV/EBITDA is 16.96x, as shown in the table below.\n\n\n\nCompany\nEV/EBITDA\n\n\nQualcomm\n15.03x\n\n\nMediaTek\n20.52x\n\n\nQorvo (QRVO)\n15.04x\n\n\nSkyworks (SWKS)\n15.61x\n\n\nBroadcom (AVGO)\n18.61x\n\n\nAverage\n16.96x\n\n\n\nSource: Seeking Alpha\nThe revenue projections for Qualcomm in 2021 are based on the prorated figure. We used the revenues obtained in the first 2 quarters, along with the third quarterguidance, to forecast the full year revenue. For 2022 and 2023, the forecasted revenues are based on the market CAGR for each of the segments. The handset and RFFE segment is expected togrowat 11% which is the market forecast for the global smartphone application processor market. The QTL segment is also based on the same growth rate as the segments are interlinked. The IoT segment is expected togrowat 14.9% which is the market forecast for the global IoT chip market. Similarly, the automotive segment is expected togrowat 10.7% which is the global automotive chip market CAGR. Overall, the revenue growth for 2021 is forecasted at 46%. For 2022 and 2023, the revenue growth forecast is 11% and 12%, respectively.\nSource:Market Research Future,Grand View Research,GlobeNewswire,Qualcomm,KhaveenInvestments\nFor MediaTek’s revenue projections, we based the 2021 forecast based on companyguidanceof 40% year-on-year growth in revenue. For 2022 and 2023, we based the revenue growth on the global smartphone application processor market CAGR of 11%. Based on these forecasts, the revenue growth for 2021 is 40%, with 2022 and 2023 revenue growth at 11%.\n\n\n\n\n\n\nMediaTek Revenue Segments (USD mln)\n2020\n2021F\n2022F\n2023F\n\n\nMultimedia Chipsets\n11,292\n15,809\n17,548\n19,479\n\n\nOthers\n165\n231\n256\n285\n\n\nTotal\n11,457\n16,040\n17,805\n19,763\n\n\nGrowth (%)\n40%\n11%\n11%\n\n\n\nSource:Market Research Future,MediaTek, Khaveen Investments\nBased on Qualcomm’s discount rate of 13% (company’s WACC), the upside is 25.55%.\nSource: Khaveen Investments\nBased on MediaTek’s discount rate of 9.2% (company’s WACC), the upside is -4.74%.\nSource: Khaveen Investments\n\n\n\nCompany\nCurrent Price\nTarget Price\nUpside (%)\n\n\nQualcomm\n$134.54\n$168.93\n25.55%\n\n\nMediaTek\nTWD978.36\nTWD1,021\n-4.74%\n\n\n\nSource: Khaveen Investments\nVerdict\nThe market share trends are favouring MediaTek due to its expanded product lineup of affordable 5G chipsets securing design wins with Chinese smartphone manufacturers and Samsung. This is also significant as Chinese smartphone manufacturers are cannibalizing Huawei’s market positioning. This has also enabled it to gain ground in developing markets where smartphone ownership rates are still low compared to more developed regions. Despite that, we believe Qualcomm still edges out over MediaTek as it has superior profitability and maintains a performance advantage over MediaTek. Qualcomm’s focus on R&D and strong relationship with foundries solidified the Snapdragon 888’s performance advantage to cater to the premium tier and leading to higher margins than MediaTek. Additionally, Qualcomm is building on its efforts to leverage the Snapdragon platform across adjacent markets, especially in automotive where it is developing an auto compute platform with ADAS and AV capabilities, while MediaTek remains focused on the smartphone market. Overall, we rate Qualcomm as a Buy with a target price of $168.93 and MediaTek as a Hold with a target price of TWD1,021.","news_type":1,"symbols_score_info":{"QCOM":0.9,"MDTKF":0.9}},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9009216939,"gmtCreate":1640687029595,"gmtModify":1676533534132,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9009216939","isVote":1,"tweetType":1,"viewCount":2083,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812293506,"gmtCreate":1630589055905,"gmtModify":1676530348493,"author":{"id":"3573357249671764","authorId":"3573357249671764","name":"Moonlight10","avatar":"https://static.tigerbbs.com/a0b198d5f315294dab103e319e5fbcf6","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573357249671764","authorIdStr":"3573357249671764"},"themes":[],"htmlText":"Hello ","listText":"Hello ","text":"Hello","images":[{"img":"https://static.tigerbbs.com/b59eee7ca3c1e47e8fdf791d98d6a212","width":"1125","height":"2670"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812293506","isVote":1,"tweetType":1,"viewCount":1456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}