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DarrenLyon
2021-11-15
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Toplines Before US Market Open on Monday
DarrenLyon
2021-11-19
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Ford, GlobalFoundries say they will work together to boost chip supply
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:1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876804312","repostId":"2184893719","repostType":4,"repost":{"id":"2184893719","pubTimestamp":1637286582,"share":"https://www.laohu8.com/m/news/2184893719?lang=&edition=full","pubTime":"2021-11-19 09:49","market":"us","language":"en","title":"Ford, GlobalFoundries say they will work together to boost chip supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2184893719","media":"Reuters","summary":"(Reuters) -Ford Motor Co and chip manufacturer Global Foundries Inc on Thursday said they plan to wo","content":"<p>(Reuters) -<a href=\"https://laohu8.com/S/F\">Ford Motor Co</a> and chip manufacturer <a href=\"https://laohu8.com/S/GFS\">Global Foundries Inc</a> on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but gave few details about what the deal entails.</p>\n<p>The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and development on several categories of chips that are likely to be key to future cars, such as battery-management systems and self-driving systems.</p>\n<p>Over the past year, a global chip shortage has caused Ford and other automakers to curtail vehicle production. Most companies have directed the chips they receive to their most profitable vehicles. That has led automakers to explore ways to boost access to chips.</p>\n<p>Majority owned by Abu Dhabi's sovereign wealth fund, GlobalFoundries became publicly traded this year when it sold a stake in its business in a $26 billion initial public offering. The company has said that some of the $2.6 billion raised in the deal will go toward building a second chip factory at a site in Malta, New York.</p>\n<p>Ford and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories. The two said only that the \"strategic collaboration\" does not involve any cross-ownership between the companies.</p>\n<p>\"We hope Ford and GlobalFoundries will team up to grow the supply in a more formal way to support our current vehicle lineup and our future needs,\" Ford Vice President Chuck Gray said in an interview.</p>\n<p>The No. 2 U.S. automaker planned to get into the business of designing its own chips and having them manufactured by a partner, Gray said. Some major automakers such as Volkswagen have said they plan to design their own self-driving chips.</p>\n<p>Ford and GlobalFoundries said the research will be targeted at developing new chips and working with chip suppliers around that. GlobalFoundries Senior Vice President Mike Hogan said the chips will be designed and developed at Ford's direction and built in the United States.</p>\n<p>Ford outlined three categories of chips that it would jointly research with GlobalFoundries: autonomous driving chips, in-car data networking chips and battery management chips.</p>\n<p>In May, Ford said it was redesigning parts to use more accessible chips and was also weighing other strategies, including signing supply deals directly with foundries that make the wafers used in semiconductors.</p>\n<p>On Thursday, Ford Chief Executive Jim Farley said the deal with GlobalFoundries is part of Ford's plan to vertically integrate key technologies.</p>\n<p>The market for self-driving chips is dominated by Nvidia Corp, Intel Corp and Qualcomm Inc, some of them using advanced chipmaking technology that GlobalFoundries is not currently capable of producing.</p>\n<p>Other categories of chips, such as networking and battery-management, are dominated by existing auto suppliers NXP, Marvell Technologies Inc and Analog Devices, many of which either manufacture their own chips or work with GlobalFoundries rivals.</p>\n<p>NXP, for example, has said it will use Taiwan Semiconductor Manufacturing Co Ltd's 5-nanometer process for future automotive chips, a capability that GlobalFoundries cannot currently match.</p>\n<p>(Reporting by Stephen Nellis in San Francisco and Ben Klayman in Detroit; Editing by Steve Orlofsky)</p>","source":"yahoofinance","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>Ford, GlobalFoundries say they will work together to boost chip supply</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; 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}\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\">\nFord, GlobalFoundries say they will work together to boost chip supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 09:49 GMT+8 <a href=https://finance.yahoo.com/news/ford-globalfoundries-together-boost-chip-133610665.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Ford Motor Co and chip manufacturer Global Foundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ford-globalfoundries-together-boost-chip-133610665.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","GFS":"GLOBALFOUNDRIES Inc."},"source_url":"https://finance.yahoo.com/news/ford-globalfoundries-together-boost-chip-133610665.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2184893719","content_text":"(Reuters) -Ford Motor Co and chip manufacturer Global Foundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but gave few details about what the deal entails.\nThe two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and development on several categories of chips that are likely to be key to future cars, such as battery-management systems and self-driving systems.\nOver the past year, a global chip shortage has caused Ford and other automakers to curtail vehicle production. Most companies have directed the chips they receive to their most profitable vehicles. That has led automakers to explore ways to boost access to chips.\nMajority owned by Abu Dhabi's sovereign wealth fund, GlobalFoundries became publicly traded this year when it sold a stake in its business in a $26 billion initial public offering. The company has said that some of the $2.6 billion raised in the deal will go toward building a second chip factory at a site in Malta, New York.\nFord and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories. The two said only that the \"strategic collaboration\" does not involve any cross-ownership between the companies.\n\"We hope Ford and GlobalFoundries will team up to grow the supply in a more formal way to support our current vehicle lineup and our future needs,\" Ford Vice President Chuck Gray said in an interview.\nThe No. 2 U.S. automaker planned to get into the business of designing its own chips and having them manufactured by a partner, Gray said. Some major automakers such as Volkswagen have said they plan to design their own self-driving chips.\nFord and GlobalFoundries said the research will be targeted at developing new chips and working with chip suppliers around that. GlobalFoundries Senior Vice President Mike Hogan said the chips will be designed and developed at Ford's direction and built in the United States.\nFord outlined three categories of chips that it would jointly research with GlobalFoundries: autonomous driving chips, in-car data networking chips and battery management chips.\nIn May, Ford said it was redesigning parts to use more accessible chips and was also weighing other strategies, including signing supply deals directly with foundries that make the wafers used in semiconductors.\nOn Thursday, Ford Chief Executive Jim Farley said the deal with GlobalFoundries is part of Ford's plan to vertically integrate key technologies.\nThe market for self-driving chips is dominated by Nvidia Corp, Intel Corp and Qualcomm Inc, some of them using advanced chipmaking technology that GlobalFoundries is not currently capable of producing.\nOther categories of chips, such as networking and battery-management, are dominated by existing auto suppliers NXP, Marvell Technologies Inc and Analog Devices, many of which either manufacture their own chips or work with GlobalFoundries rivals.\nNXP, for example, has said it will use Taiwan Semiconductor Manufacturing Co Ltd's 5-nanometer process for future automotive chips, a capability that GlobalFoundries cannot currently match.\n(Reporting by Stephen Nellis in San Francisco and Ben Klayman in Detroit; Editing by Steve Orlofsky)","news_type":1},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873799265,"gmtCreate":1636984654231,"gmtModify":1636984654231,"author":{"id":"3555727118657492","authorId":"3555727118657492","name":"DarrenLyon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873799265","repostId":"1124063419","repostType":4,"repost":{"id":"1124063419","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":1636981410,"share":"https://www.laohu8.com/m/news/1124063419?lang=&edition=full","pubTime":"2021-11-15 21:03","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1124063419","media":"Tiger Newspress","summary":"Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earn","content":"<p>Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.<img src=\"https://static.tigerbbs.com/9bd814193ce3a21c26ecb73c6e576fc6\" tg-width=\"1080\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis were up 118 points, or 0.33%.</p>\n<p>Investors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/OTLY\">Oatly Group AB</a> – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.</p>\n<p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.</p>\n<p><a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.</p>\n<p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.</p>\n<p><a href=\"https://laohu8.com/S/AMT\">American Tower</a> – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DE\">John Deere</a> – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.</p>\n<p><a href=\"https://laohu8.com/S/EVGO\">EVgo Inc.</a> – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.</p>\n<p><a href=\"https://laohu8.com/S/RDS.A\">Royal Dutch Shell PLC</a> – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.</p>\n<p><a href=\"https://laohu8.com/S/BA\">Boeing</a> – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% 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 Monday</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 Monday\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\">2021-11-15 21:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.<img src=\"https://static.tigerbbs.com/9bd814193ce3a21c26ecb73c6e576fc6\" tg-width=\"1080\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis were up 118 points, or 0.33%.</p>\n<p>Investors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/OTLY\">Oatly Group AB</a> – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.</p>\n<p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.</p>\n<p><a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.</p>\n<p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.</p>\n<p><a href=\"https://laohu8.com/S/AMT\">American Tower</a> – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DE\">John Deere</a> – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.</p>\n<p><a href=\"https://laohu8.com/S/EVGO\">EVgo Inc.</a> – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.</p>\n<p><a href=\"https://laohu8.com/S/RDS.A\">Royal Dutch Shell PLC</a> – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.</p>\n<p><a href=\"https://laohu8.com/S/BA\">Boeing</a> – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124063419","content_text":"Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis were up 118 points, or 0.33%.\nInvestors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.\nStocks making the biggest moves in the premarket:\nOatly Group AB – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.\nTesla Motors – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.\nDollar Tree – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.\nTyson – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.\nAmerican Tower – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.\nJohn Deere – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.\nEVgo Inc. – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.\nRoyal Dutch Shell PLC – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.\nBoeing – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.\nPetco Health and Wellness Company, Inc. – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.\nCrowdStrike Holdings, Inc. – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":873799265,"gmtCreate":1636984654231,"gmtModify":1636984654231,"author":{"id":"3555727118657492","authorId":"3555727118657492","name":"DarrenLyon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873799265","repostId":"1124063419","repostType":4,"repost":{"id":"1124063419","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":1636981410,"share":"https://www.laohu8.com/m/news/1124063419?lang=&edition=full","pubTime":"2021-11-15 21:03","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1124063419","media":"Tiger Newspress","summary":"Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earn","content":"<p>Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.<img src=\"https://static.tigerbbs.com/9bd814193ce3a21c26ecb73c6e576fc6\" tg-width=\"1080\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis were up 118 points, or 0.33%.</p>\n<p>Investors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/OTLY\">Oatly Group AB</a> – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.</p>\n<p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.</p>\n<p><a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.</p>\n<p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.</p>\n<p><a href=\"https://laohu8.com/S/AMT\">American Tower</a> – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DE\">John Deere</a> – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.</p>\n<p><a href=\"https://laohu8.com/S/EVGO\">EVgo Inc.</a> – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.</p>\n<p><a href=\"https://laohu8.com/S/RDS.A\">Royal Dutch Shell PLC</a> – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.</p>\n<p><a href=\"https://laohu8.com/S/BA\">Boeing</a> – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% 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 Monday</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 Monday\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\">2021-11-15 21:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.<img src=\"https://static.tigerbbs.com/9bd814193ce3a21c26ecb73c6e576fc6\" tg-width=\"1080\" tg-height=\"511\" referrerpolicy=\"no-referrer\">At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis were up 118 points, or 0.33%.</p>\n<p>Investors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/OTLY\">Oatly Group AB</a> – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.</p>\n<p><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.</p>\n<p><a href=\"https://laohu8.com/S/DLTR\">Dollar Tree</a> – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.</p>\n<p><a href=\"https://laohu8.com/S/TSN\">Tyson</a> – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.</p>\n<p><a href=\"https://laohu8.com/S/AMT\">American Tower</a> – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/DE\">John Deere</a> – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.</p>\n<p><a href=\"https://laohu8.com/S/EVGO\">EVgo Inc.</a> – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.</p>\n<p><a href=\"https://laohu8.com/S/RDS.A\">Royal Dutch Shell PLC</a> – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.</p>\n<p><a href=\"https://laohu8.com/S/BA\">Boeing</a> – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/WOOF\">Petco Health and Wellness Company, Inc.</a> – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124063419","content_text":"Stock futures pointed to a higher open Monday morning as investors awaited key retail sales and earnings results out from major U.S. companies later this week.At 8:00 a.m. ET, S&P 500 e-minis were up 10.75 points, or 0.23%, Nasdaq 100 e-minis were up 34.5 points, or 0.21%, and Dow e-minis were up 118 points, or 0.33%.\nInvestors this week are also set to receive new data from the Commerce Department on U.S. retail sales. The report is likely to show a 1.3% month-on-month jump in sales for October after a more sanguine 0.7% rise in September. And retail earnings results from major names including Walmart, Target, Home Depot and Lowe's will offer additional details on the state of the consumer.\nStocks making the biggest moves in the premarket:\nOatly Group AB – The oat milk producer lost 7 cents per share for its latest quarter, smaller than the 10 cents a share loss anticipated by analysts. Revenue came in below forecasts, however, and its shares tumbled 14.1% in premarket action. Oatly said it faced challenges related to various Covid-related restrictions, but that it continues to scale up production.\nTesla Motors – Tesla slid 2.1% in premarket trading after a weekly loss last week ended an 11-week winning streak. Tesla CEO Elon Musk sold nearly $7 billion in stock last week.\nDollar Tree – Dollar Tree surged 8.3% in the premarket after activist investor Mantle Ridge took a stake in the discount retailer. The Wall Street Journal reports that Mantle Ridge wants Dollar Tree to take action to boost its stock price and is focusing on pricing strategies at the company’s Family Dollar chain. The news prompted Deutsche Bank to upgrade the stock to “buy” from “hold,” citing potential improvements.\nTyson – The beef and poultry producer earned $2.30 per share for its fiscal fourth quarter, 27 cents a share above estimates. Revenue topped Wall Street forecasts as well. Tyson also announced a new productivity program that it says will save $1 billion annually by the end of 2024.\nAmerican Tower – The communications infrastructure real estate investment trust is buying data center REITCoreSite Realty(COR) for $170 per share in cash, or about $10.1 billion. CoreSite rose 2.6% in premarket action.\nJohn Deere – The heavy equipment maker and striking workers reached a third tentative contract agreement after the first two were rejected. Neither side gave details on the new agreement and it is not yet clear when a vote will take place. Workers have been off the job since Oct. 14.\nEVgo Inc. – The operator of public EV charging networks saw its stock tank by 7.7% in the premarket, after Credit Suisse downgraded it to “neutral” from “outperform.” The company said a recent rally in the stock has likely priced in benefits from the infrastructure bill as well as recent partnership announcements.\nRoyal Dutch Shell PLC – Royal Dutch Shell plans to scrap its dual share structure and also drop the “Royal Dutch” part of its corporate name. The announcement comes amid calls by activist investor Third Point to split up the energy giant into several companies to increase shareholder value. Class “A” shares gained 1.5% in premarket action, while class “B” shares rose 1.1%.\nBoeing – Boeing Senior Vice President Ihssane Mounir said the jet maker is “getting close” to resuming deliveries of its 787 Dreamliner, after suspending them to deal with production issues. Mounir said the exact timing depends on the outcome of ongoing talks with regulators. The stock added 2.7% in the premarket.\nPetco Health and Wellness Company, Inc. – The pet products retailer’s stock slid 2.9% in premarket trading after Jefferies downgraded it to “hold” from “buy.” Jefferies cited valuation after a 26% rise over three months, as well as challenging labor conditions in Petco’s veterinary business.\nCrowdStrike Holdings, Inc. – Morgan Stanley began coverage of the cybersecurity company with an “underweight” rating, noting increasing competition and pricing pressure. Crowdstrike slid 4.6% in the premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876804312,"gmtCreate":1637287716251,"gmtModify":1637287716251,"author":{"id":"3555727118657492","authorId":"3555727118657492","name":"DarrenLyon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876804312","repostId":"2184893719","repostType":4,"repost":{"id":"2184893719","pubTimestamp":1637286582,"share":"https://www.laohu8.com/m/news/2184893719?lang=&edition=full","pubTime":"2021-11-19 09:49","market":"us","language":"en","title":"Ford, GlobalFoundries say they will work together to boost chip supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2184893719","media":"Reuters","summary":"(Reuters) -Ford Motor Co and chip manufacturer Global Foundries Inc on Thursday said they plan to wo","content":"<p>(Reuters) -<a href=\"https://laohu8.com/S/F\">Ford Motor Co</a> and chip manufacturer <a href=\"https://laohu8.com/S/GFS\">Global Foundries Inc</a> on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but gave few details about what the deal entails.</p>\n<p>The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and development on several categories of chips that are likely to be key to future cars, such as battery-management systems and self-driving systems.</p>\n<p>Over the past year, a global chip shortage has caused Ford and other automakers to curtail vehicle production. Most companies have directed the chips they receive to their most profitable vehicles. That has led automakers to explore ways to boost access to chips.</p>\n<p>Majority owned by Abu Dhabi's sovereign wealth fund, GlobalFoundries became publicly traded this year when it sold a stake in its business in a $26 billion initial public offering. The company has said that some of the $2.6 billion raised in the deal will go toward building a second chip factory at a site in Malta, New York.</p>\n<p>Ford and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories. The two said only that the \"strategic collaboration\" does not involve any cross-ownership between the companies.</p>\n<p>\"We hope Ford and GlobalFoundries will team up to grow the supply in a more formal way to support our current vehicle lineup and our future needs,\" Ford Vice President Chuck Gray said in an interview.</p>\n<p>The No. 2 U.S. automaker planned to get into the business of designing its own chips and having them manufactured by a partner, Gray said. Some major automakers such as Volkswagen have said they plan to design their own self-driving chips.</p>\n<p>Ford and GlobalFoundries said the research will be targeted at developing new chips and working with chip suppliers around that. GlobalFoundries Senior Vice President Mike Hogan said the chips will be designed and developed at Ford's direction and built in the United States.</p>\n<p>Ford outlined three categories of chips that it would jointly research with GlobalFoundries: autonomous driving chips, in-car data networking chips and battery management chips.</p>\n<p>In May, Ford said it was redesigning parts to use more accessible chips and was also weighing other strategies, including signing supply deals directly with foundries that make the wafers used in semiconductors.</p>\n<p>On Thursday, Ford Chief Executive Jim Farley said the deal with GlobalFoundries is part of Ford's plan to vertically integrate key technologies.</p>\n<p>The market for self-driving chips is dominated by Nvidia Corp, Intel Corp and Qualcomm Inc, some of them using advanced chipmaking technology that GlobalFoundries is not currently capable of producing.</p>\n<p>Other categories of chips, such as networking and battery-management, are dominated by existing auto suppliers NXP, Marvell Technologies Inc and Analog Devices, many of which either manufacture their own chips or work with GlobalFoundries rivals.</p>\n<p>NXP, for example, has said it will use Taiwan Semiconductor Manufacturing Co Ltd's 5-nanometer process for future automotive chips, a capability that GlobalFoundries cannot currently match.</p>\n<p>(Reporting by Stephen Nellis in San Francisco and Ben Klayman in Detroit; Editing by Steve Orlofsky)</p>","source":"yahoofinance","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>Ford, GlobalFoundries say they will work together to boost chip supply</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; 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}\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\">\nFord, GlobalFoundries say they will work together to boost chip supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 09:49 GMT+8 <a href=https://finance.yahoo.com/news/ford-globalfoundries-together-boost-chip-133610665.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Ford Motor Co and chip manufacturer Global Foundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ford-globalfoundries-together-boost-chip-133610665.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","GFS":"GLOBALFOUNDRIES Inc."},"source_url":"https://finance.yahoo.com/news/ford-globalfoundries-together-boost-chip-133610665.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2184893719","content_text":"(Reuters) -Ford Motor Co and chip manufacturer Global Foundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader U.S. auto industry but gave few details about what the deal entails.\nThe two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and development on several categories of chips that are likely to be key to future cars, such as battery-management systems and self-driving systems.\nOver the past year, a global chip shortage has caused Ford and other automakers to curtail vehicle production. Most companies have directed the chips they receive to their most profitable vehicles. That has led automakers to explore ways to boost access to chips.\nMajority owned by Abu Dhabi's sovereign wealth fund, GlobalFoundries became publicly traded this year when it sold a stake in its business in a $26 billion initial public offering. The company has said that some of the $2.6 billion raised in the deal will go toward building a second chip factory at a site in Malta, New York.\nFord and GlobalFoundries did not disclose any terms of the deal or say whether Ford was providing funding or other commitments to reserve capacity at any of GlobalFoundries' current or future factories. The two said only that the \"strategic collaboration\" does not involve any cross-ownership between the companies.\n\"We hope Ford and GlobalFoundries will team up to grow the supply in a more formal way to support our current vehicle lineup and our future needs,\" Ford Vice President Chuck Gray said in an interview.\nThe No. 2 U.S. automaker planned to get into the business of designing its own chips and having them manufactured by a partner, Gray said. Some major automakers such as Volkswagen have said they plan to design their own self-driving chips.\nFord and GlobalFoundries said the research will be targeted at developing new chips and working with chip suppliers around that. GlobalFoundries Senior Vice President Mike Hogan said the chips will be designed and developed at Ford's direction and built in the United States.\nFord outlined three categories of chips that it would jointly research with GlobalFoundries: autonomous driving chips, in-car data networking chips and battery management chips.\nIn May, Ford said it was redesigning parts to use more accessible chips and was also weighing other strategies, including signing supply deals directly with foundries that make the wafers used in semiconductors.\nOn Thursday, Ford Chief Executive Jim Farley said the deal with GlobalFoundries is part of Ford's plan to vertically integrate key technologies.\nThe market for self-driving chips is dominated by Nvidia Corp, Intel Corp and Qualcomm Inc, some of them using advanced chipmaking technology that GlobalFoundries is not currently capable of producing.\nOther categories of chips, such as networking and battery-management, are dominated by existing auto suppliers NXP, Marvell Technologies Inc and Analog Devices, many of which either manufacture their own chips or work with GlobalFoundries rivals.\nNXP, for example, has said it will use Taiwan Semiconductor Manufacturing Co Ltd's 5-nanometer process for future automotive chips, a capability that GlobalFoundries cannot currently match.\n(Reporting by Stephen Nellis in San Francisco and Ben Klayman in Detroit; Editing by Steve Orlofsky)","news_type":1},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
