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03-17

$Phunware, Inc.(PHUN)$ 

$Digital World Acquisition Corp(DWAC)$ 

Brendan Ahern recently told MarketWatch, "The continued interconnectedness of the U.S. and Chinese economies calls into question the idea that, by investing in U.S. stocks, one is avoiding exposure to China," in an article about President Trump's opposition to the proposed TikTok ban in Congress.

Key Catalysts that may poise the China internet sector for strong performance:

Chinese retail web sales totaled $2 trillion* in 2022 (compared to $1 trillion** in the United States).

China's internet population reached 1.05 billion people in 2022, a penetration of only 74%. The U.S. internet population reached 311 million people, a penetration rate of 93% in 2022.†

Total Chinese retail sales reached $6.4 trillion in 2022†

Online shopping accounted for 25% of retail purchases in China in 2022.

Former U.S. ambassador to Singapore says Chinese military action is ‘very unlikely’

David Adelman, a former U.S. ambassador to Singapore, says that’s because it would “undermine the Communist Party’s desire for stability and the People’s Republic of China’s interest in stability.”

US Election: Are Trump Meme Stocks Good Bets?
Digital World Acquisition Corp (DWAC) is poised to merge with partner company Trump Media & Technology Group (TMTG), with a shareholder vote scheduled for March 22. The outcome of this crucial vote will determine the stock's future. After Super Tuesday, DWAC and PHUN fell 13% and 30% respectively. --------------------------- Are Trump meme stocks good bets ahead of merger? Which side do you take? Are you looking forward to Trump 2.0 or not?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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