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2021-07-09

Good list

As market sells off, these are the strategies Goldman gives clients to play defense

2021-07-09

Yes

Mortgage rates slips to 2.9%, lowest in five months

2021-07-09

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2021-07-09

Great Stock

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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>As market sells off, these are the strategies Goldman gives clients to play defense</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; 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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\">\nAs market sells off, these are the strategies Goldman gives clients to play defense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/as-market-sells-off-these-are-the-strategies-goldman-gives-clients-to-play-defense.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks tumbled on Thursday and Goldman Sachs has two plunge-proof portfolios that should held investors navigate the volatility.\nThe first is a basket of high-quality names, while the second ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/as-market-sells-off-these-are-the-strategies-goldman-gives-clients-to-play-defense.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"T":"美国电话电报","TFC":"Truist Financial Corp","HD":"家得宝","MKC":"味好美","GOOG":"谷歌","AAPL":"苹果","MSFT":"微软","AMZN":"亚马逊","DLTR":"美元树公司","CHD":"丘奇＆德怀特","BGC":"BGC GROUP"},"source_url":"https://www.cnbc.com/2021/07/08/as-market-sells-off-these-are-the-strategies-goldman-gives-clients-to-play-defense.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1144495076","content_text":"U.S. stocks tumbled on Thursday and Goldman Sachs has two plunge-proof portfolios that should held investors navigate the volatility.\nThe first is a basket of high-quality names, while the second focuses on defensive plays that can outperform regardless of global growth prospects.\nThe high-quality stock basket is a sector-neutral portfolio of large-cap stocks that’s equal weighted. The firm screens for companies that have strong balance sheets, stable earnings and revenue and above-average return on equity. The included names also have low historical drawdown risk.\n“In weak or uncertain macroeconomic environments investors should place a premium on the stability and safety of these companies,” the firm said in a note to clients.\nWithin the communication services sector Alphabet and T-Mobile are among the names that make the list.Home Depot,Dollar General and Dollar Tree are included within Discretionary, while Church & Dwight and Mc Cormick are picks from Staples. Goldman selected The rmo Fisher and Regeneron in Health Care, while First Republic and Truist are solid bets in the Financials sector.\nGOLDMAN’S HIGH-QUALITY STOCK BASKET\n\n\n\nTICKER\nCOMPANY\nPRICE\nCHANGE\n%CHANGE\nYIELD\n\n\n\n\nGOOGL\nAlphabet Class A\n2493.51\n-35.97\n-1.422\n2493.51\n\n\nTMUS\nT-Mobile US Inc\n146.74\n-1.30\n-0.8781\n146.74\n\n\nHD\nHome Depot Inc\n316.715\n-6.765\n-2.0913\n316.715\n\n\nDG\nDollar General Corp\n220.145\n-1.355\n-0.6117\n220.145\n\n\nDLTR\nDollar Tree Inc\n98.29\n-1.08\n-1.0868\n98.29\n\n\nCHD\nChurch & Dwight Co Inc\n86.51\n-0.12\n-0.1385\n86.51\n\n\nMKC\nMcCormick & Company Inc\n87.745\n-0.435\n-0.4933\n87.745\n\n\nTMO\nThermo Fisher Scientific Inc\n511.69\n-11.03\n-2.1101\n511.69\n\n\nREGN\nRegeneron Pharmaceuticals Inc\n573.76\n-12.14\n-2.072\n573.76\n\n\nFRC\nFirst Republic Bank\n185.05\n-4.53\n-2.3895\n185.05\n\n\nTFC\nTruist Financial Corp\n52.64\n-1.04\n-1.9374\n52.64\n\n\n\nPart of Thursday’s premarket sell-off stems from fears around the global economic comeback as cases of the Delta Covid variant surge. Goldman also has a basket of stocks that are attractive bets for investors even if growth does slow.\nThe firm’s defensive stock basket includes companies across eight S&P 500 sectors with a lower beta than the S&P 500 to Goldman’s U.S. MAP index. The proprietary index assembles key indicators for each country, looking at factors including GDP growth and purchasing managers’ indices. It seeks to “summarize the importance and strength (relative to consensus expectations) of economic indicators worldwide.”\nThe firm’s defensive basket has a weighted-average beta of 0.1 to the U.S. MAP index, while the S&P 500′s beta to the index is 0.5. Essentially this means the stocks are less dependent on the overall economy for growth.\nUnlike the high-quality portfolio, the defensive list is market-cap weighted.Apple,Microsoft,Amazon,Johnson & Johnson and Visa round out the top five holdings. Also in the top 20 holdings, which comprise about 50% of the total basket, are United Health,Procter & Gamble,Cisco Systems,Salesforce,Coca-Cola and Merck.\nGOLDMAN’S DEFENSIVE BASKET OF STOCK\n\n\n\nTICKER\nCOMPANY\nPRICE\nCHANGE\n%CHANGE\nYIELD\n\n\n\n\nAAPL\nApple Inc\n141.98\n-2.59\n-1.7915\n141.98\n\n\nMSFT\nMicrosoft Corp\n276.54\n-3.39\n-1.211\n276.54\n\n\nAMZN\nAmazon.com Inc\n3660.7434\n-35.8366\n-0.9695\n3660.7434\n\n\nJNJ\nJohnson & Johnson\n167.63\n-1.78\n-1.0507\n167.63\n\n\nV\nVisa Inc\n235.74\n-4.26\n-1.775\n235.74\n\n\nUNH\nUnitedHealth Group Inc\n405.33\n-6.33\n-1.5377\n405.33\n\n\nPG\nProcter & Gamble Co\n136.09\n-0.91\n-0.6642\n136.09\n\n\nCSCO\nCisco Systems Inc\n53.05\n-0.21\n-0.3943\n53.05\n\n\nCRM\nSalesforce.Com Inc\n243.4799\n-4.9601\n-1.9965\n243.4799\n\n\nKO\nCoca-Cola Co\n53.775\n-0.545\n-1.0033\n53.775\n\n\nMRK\nMerck & Co Inc\n77.32\n-1.24\n-1.5784\n77.32","news_type":1},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143863263,"gmtCreate":1625787995352,"gmtModify":1703748436852,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143863263","repostId":"1135220115","repostType":4,"repost":{"id":"1135220115","kind":"news","pubTimestamp":1625755320,"share":"https://ttm.financial/m/news/1135220115?lang=&edition=fundamental","pubTime":"2021-07-08 22:42","market":"us","language":"en","title":"Mortgage rates slips to 2.9%, lowest in five months","url":"https://stock-news.laohu8.com/highlight/detail?id=1135220115","media":"seekingalpha","summary":"30-year fixed-rate mortgage averaged 2.90% for the week ending July 8, down from 2.98% recorded in p","content":"<ul>\n <li>30-year fixed-rate mortgage&nbsp;averaged 2.90% for the&nbsp;week ending July 8, down from 2.98% recorded in prior week and down&nbsp;from&nbsp;3.03%&nbsp;averaged&nbsp;in&nbsp;same&nbsp;period a year&nbsp;ago,according to theFreddie Mac Primary Mortgage Survey; its lowest since Feb.18 levels.</li>\n <li>\"Mortgage rates decreased this week following the dip in&nbsp;U.S.&nbsp;Treasury&nbsp;yields. While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the labor markets, which are continuing to improve per last week’s jobs report,\" chief economist Sam Khater commented.</li>\n <li>The 10-year U.S. Treasury yield dropped below 1.3% on Wednesday, and fell another 6 bps&nbsp;overnight to 1.26%,read more.</li>\n <li>Also Read:&nbsp;Are Treasury yields sniffing out a Fed mistake?: At the Open</li>\n <li>5-year FRM averages 2.20%&nbsp;down from last week when it averaged 2.26%&nbsp;and 2.51% a year ago.</li>\n <li>5-year Treasury-indexed hybrid adjustable rate mortgage averaged 2.52%, down from 2.54% in prior week, and lower from 3.02% a year ago.</li>\n <li>\"We expect economic growth to gradually drive interest rates higher, but homebuyers and refinance borrowers still have an opportunity to take advantage of 30-year rates that are expected to continue to hover ~3%,\" Khater continued.</li>\n <li>\"While longer-term changes in&nbsp;rates&nbsp;are likely to be to the upside, the shift in the market's outlook suggests that&nbsp;rates&nbsp;have little reason to move sharply higher anytime soon\" Zillow economist Matthew Speakman commented.</li>\n <li>Fannie Mae's new survey indicated that Americans were growing even more pessimistic about the prospect of buying a home these days, in light of the low supply of listings and rising prices;&nbsp;chief economist Doug Duncan projected that home-buying demand would remain strong through the rest of 2021.</li>\n <li>Mortgage REITs:(NYSE:CIM),(NASDAQ:AGNC)and(NYSE:NLY)are trading in red today while homebuilder stocks:(NYSE:DHI),(NYSE:LEN),(NYSE:PHM),(NYSE:TMHC),(NYSE:KBH),(NASDAQ:LGIH)are also trading in red.</li>\n <li>ETFs Watch:(BATS:ITB),(BATS:REM),(NASDAQ:IEF),(NYSEARCA:XHB),(NYSEARCA:IYR),(NYSEARCA:PKB)</li>\n</ul>","source":"seekingalpha","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>Mortgage rates slips to 2.9%, lowest in five months</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\">\nMortgage rates slips to 2.9%, lowest in five months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 22:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3713678-mortgage-rates-slips-to-29-lowest-in-five-months><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>30-year fixed-rate mortgage averaged 2.90% for the week ending July 8, down from 2.98% recorded in prior week and down from 3.03% averaged in same period a year ago,according to theFreddie Mac Primary...</p>\n\n<a href=\"https://seekingalpha.com/news/3713678-mortgage-rates-slips-to-29-lowest-in-five-months\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CIM":"奇美拉投资","FMCC":"房地美"},"source_url":"https://seekingalpha.com/news/3713678-mortgage-rates-slips-to-29-lowest-in-five-months","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1135220115","content_text":"30-year fixed-rate mortgage averaged 2.90% for the week ending July 8, down from 2.98% recorded in prior week and down from 3.03% averaged in same period a year ago,according to theFreddie Mac Primary Mortgage Survey; its lowest since Feb.18 levels.\n\"Mortgage rates decreased this week following the dip in U.S. Treasury yields. While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the labor markets, which are continuing to improve per last week’s jobs report,\" chief economist Sam Khater commented.\nThe 10-year U.S. Treasury yield dropped below 1.3% on Wednesday, and fell another 6 bps overnight to 1.26%,read more.\nAlso Read: Are Treasury yields sniffing out a Fed mistake?: At the Open\n5-year FRM averages 2.20% down from last week when it averaged 2.26% and 2.51% a year ago.\n5-year Treasury-indexed hybrid adjustable rate mortgage averaged 2.52%, down from 2.54% in prior week, and lower from 3.02% a year ago.\n\"We expect economic growth to gradually drive interest rates higher, but homebuyers and refinance borrowers still have an opportunity to take advantage of 30-year rates that are expected to continue to hover ~3%,\" Khater continued.\n\"While longer-term changes in rates are likely to be to the upside, the shift in the market's outlook suggests that rates have little reason to move sharply higher anytime soon\" Zillow economist Matthew Speakman commented.\nFannie Mae's new survey indicated that Americans were growing even more pessimistic about the prospect of buying a home these days, in light of the low supply of listings and rising prices; chief economist Doug Duncan projected that home-buying demand would remain strong through the rest of 2021.\nMortgage REITs:(NYSE:CIM),(NASDAQ:AGNC)and(NYSE:NLY)are trading in red today while homebuilder stocks:(NYSE:DHI),(NYSE:LEN),(NYSE:PHM),(NYSE:TMHC),(NYSE:KBH),(NASDAQ:LGIH)are also trading in red.\nETFs Watch:(BATS:ITB),(BATS:REM),(NASDAQ:IEF),(NYSEARCA:XHB),(NYSEARCA:IYR),(NYSEARCA:PKB)","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143860378,"gmtCreate":1625787947494,"gmtModify":1703748433267,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143860378","repostId":"1121716532","repostType":4,"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143887395,"gmtCreate":1625787912817,"gmtModify":1703748431480,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Great Stock","listText":"Great Stock","text":"Great Stock","images":[{"img":"https://static.tigerbbs.com/cd4e949e7269360f825e538d81322ec3","width":"1125","height":"2605"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143887395","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":143860378,"gmtCreate":1625787947494,"gmtModify":1703748433267,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143860378","repostId":"1121716532","repostType":4,"repost":{"id":"1121716532","kind":"news","pubTimestamp":1625787335,"share":"https://ttm.financial/m/news/1121716532?lang=&edition=fundamental","pubTime":"2021-07-09 07:35","market":"us","language":"en","title":"Saudi Arabia funds new digital news platform in U.S., launches White House lobbying effort","url":"https://stock-news.laohu8.com/highlight/detail?id=1121716532","media":"CNBC","summary":"KEY POINTS\n\nSaudi Arabia is funding a digital news platform that will feature some U.S.-based media ","content":"<div>\n<p>KEY POINTS\n\nSaudi Arabia is funding a digital news platform that will feature some U.S.-based media professionals as it begins a new lobbying effort aimed at the White House and Congress.\nThe platform...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/saudi-arabia-funds-digital-news-platform-in-us-lobbies-white-house.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Saudi Arabia funds new digital news platform in U.S., launches White House lobbying effort</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; 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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\">\nSaudi Arabia funds new digital news platform in U.S., launches White House lobbying effort\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/saudi-arabia-funds-digital-news-platform-in-us-lobbies-white-house.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSaudi Arabia is funding a digital news platform that will feature some U.S.-based media professionals as it begins a new lobbying effort aimed at the White House and Congress.\nThe platform...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/saudi-arabia-funds-digital-news-platform-in-us-lobbies-white-house.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/08/saudi-arabia-funds-digital-news-platform-in-us-lobbies-white-house.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121716532","content_text":"KEY POINTS\n\nSaudi Arabia is funding a digital news platform that will feature some U.S.-based media professionals as it begins a new lobbying effort aimed at the White House and Congress.\nThe platform will have a studio in Washington, D.C.\nThe developments come almost three years after the killing of Washington Post journalist and Saudi royal family critic Jamal Khashoggi.\n\nSaudi Arabia is funding a yet-to-be-announced digital news platform, which will have a studio in Washington, D.C., as the kingdom begins a new lobbying effort aimed at the White House and Congress.\nThe new effort, which had yet to be reported, is being backed by a subsidiary of the Saudi Technology Development and Investment Co., or Taqnia, according to new foreign lobbying disclosures filed with the Department of Justice.\nJournalists and presenters involved in the project have past experience at Fox News, Al Jazeera, NBC and SiriusXM satellite radio.\nThe creation of what one of the documents calls a “news platform” comes as the kingdom has started hiring anew team of lobbyistsas the Saudis seek access to PresidentJoe Biden’s administration and the new Congress.\nIt also arrives almost three years after the death of Washington Post journalist and Saudi royal family critic Jamal Khashoggi. A recent U.S. intelligencereportsays Saudi Crown Prince Mohammed bin Salman approved an operation to capture or kill Khashoggi.\nBiden, however, opted not to punish the crown prince for his alleged role in Khashoggi’s death.\n“We held accountable all the people in that organization — but not the crown prince, because we have never that I’m aware of, when we have an alliance with a country, gone to the acting head of state and punished that person and ostracized him,” Biden said in a recentinterviewwith ABC News.\nThe subsidiary backing the initiative is Taqnia ETS, a company that focuses on engineering and technological services for Saudi Arabia.\nPitchBooksaysTaqnia is based in Saudi Arabia, which “prefers to invest in the life sciences and health, security and defense, information and communication technology, material sciences, energy and environment and water technology sectors.”\nTaqnia’s website says it is owned by the kingdom’s over $400 billionPublic Investment Fund, or PIF, the country’s massive sovereign wealth fund that’s meant to invest into projects and help boost Saudi Arabia’s economy. The lobbying disclosure report says Taqnia ETS is “supervised and financed by the Saudi Ministry of Information.”\nThe PIF’s executive board includes members of the royal family such as the crown prince.\nThe lobbying documents give a glimpse into the upcoming Saudi-led news venture.\nOne of the lobbying disclosures shows that a company called Prime Time Media is helping lead the effort. Prime Time Media’s CEO, Elie Nakouzi, is assisting in the creation of the new digital news organization. His company is getting paid at least $1.6 million, the document shows, to help guide the project.\nThe purchase order included in the lobbying disclosure describes the work being done by Prime Time Media as “English content for news platform.” More than $75,000 has already been spent on equipment, freelancers and a Washington, D.C., studio, the documents say.\nThe lobbying filings were signed by Nakouzi last month and the purchase order included with the disclosure is dated September 2020. The order form is marked by Taqnia ETS’ logo.\nOne of the documents listing Nakouzi says Prime Time Media will “assist client in the video production of English news content. In doing so, registrant will not participate in the dissemination of said news content.”\nNakouzi, who, according to the disclosure, has citizenship in Lebanon but resides in the United States, has a history of working in Middle East media circles. While working for an Arabic television network, Nakouziinterviewedthen President George W. Bush during the wars in Iraq and Afghanistan.\nNakouzi confirmed to CNBC in an email several aspects of Taqnia’s project, including that it will be a new online platform and that a studio has been created. He declined to comment further on the news content of the upcoming site and referred all questions to Taqnia who did not respond to CNBC’s request for comment.\n“Taqnia plans to launch an international online platform before the end of this year,” Nakouzi said in an email Tuesday. “As for the Studio, we have built a fully equipped virtual green room for future use,” he added while noting that it will be based in Washington.\n“Prime Time Media is not entitled to speak on their behalf. We are a video production house and we don’t do lobbying or PR services,” Nakouzi said.\nEric Ham and Craig Boswell, two U.S.-based journalists, will be anchoring online shows for the Saudi-funded venture. Both Ham and Boswell have so far been paid $6,000 each for what’s described on the disclosure reports as being writers and presenters.\n“Mr. Eric Ham and Mr. Craig Boswell will be hosting online shows that are still in production phase,” Nakouzi said in the email.\nBoswell and Ham did not return requests for comment before publication.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143861510,"gmtCreate":1625788052130,"gmtModify":1703748437829,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Good list","listText":"Good list","text":"Good list","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143861510","repostId":"1144495076","repostType":4,"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143863263,"gmtCreate":1625787995352,"gmtModify":1703748436852,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143863263","repostId":"1135220115","repostType":4,"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143887395,"gmtCreate":1625787912817,"gmtModify":1703748431480,"author":{"id":"3585692344734911","authorId":"3585692344734911","name":"AngelineTan","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585692344734911","authorIdStr":"3585692344734911"},"themes":[],"htmlText":"Great Stock","listText":"Great Stock","text":"Great Stock","images":[{"img":"https://static.tigerbbs.com/cd4e949e7269360f825e538d81322ec3","width":"1125","height":"2605"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143887395","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}