Morning Briefing: Supercar makers skid into EV era
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures edged higher in early morning trading Monday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
- Lamborghini has grown rapidly in recent years within the Volkswagen group, but now needs to confront battery technology and more competition from Ferrari.
- Stock futures edged higher in early morning trading Monday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
- Lamborghini has grown rapidly in recent years within the Volkswagen group, but now needs to confront battery technology and more competition from Ferrari.
Market Snapshot
Stock futures edged higher in early morning trading Monday after the Dow Jones Industrial Average notched its third positive week in a row at a record high.
$Dow Jones Industrial Average(.DJI.US$ futures dropped 9 points. $S&P 500 Index(.SPX.US$ futures and $NASDAQ 100 Index(.NDX.US$ futures traded in mildly positive territory.
Market Temperature
Dow industrials finish at record high
U.S. stocks were mixed Friday as companies continued to report strong earnings.
U.S. stocks were mixed Friday as companies continued to report strong earnings.
Powell says supply-side constraints have worsened, creating more inflation risk
The Fed chairman indicated he is now somewhat more concerned about higher inflation and said that the central bank would watch carefully for signs that households and businesses were expecting sustained price pressures to continue.
The Fed chairman indicated he is now somewhat more concerned about higher inflation and said that the central bank would watch carefully for signs that households and businesses were expecting sustained price pressures to continue.
Tax on billionaires' unrealized gains will likely be in budget package, Democrats Say
The proposal, which would likely affect fewer than 1,000 of the wealthiest U.S. taxpayers, would help pay for President Biden's social policy and climate legislation.
The proposal, which would likely affect fewer than 1,000 of the wealthiest U.S. taxpayers, would help pay for President Biden's social policy and climate legislation.
Bitcoin ETF's success could come at fundholders' expense
The first exchange-traded fund based on bitcoin futures is rolling up assets, but traders say the ProShares fund's structure makes it a sitting duck for "front-running."
The first exchange-traded fund based on bitcoin futures is rolling up assets, but traders say the ProShares fund's structure makes it a sitting duck for "front-running."
Supercar makers skid into EV era
Lamborghini has grown rapidly in recent years within the Volkswagen group, but now needs to confront battery technology and more competition from Ferrari.
Lamborghini has grown rapidly in recent years within the Volkswagen group, but now needs to confront battery technology and more competition from Ferrari.
Google charges more than twice its rivals in ad deals, unredacted suit says
The suit by state attorneys general sheds new light on how the search giant profits from its commanding position in the internet economy. $Alphabet-A(GOOGL.US$
The suit by state attorneys general sheds new light on how the search giant profits from its commanding position in the internet economy. $Alphabet-A(GOOGL.US$
Facebook's internal chat boards show politics often at center of decision making
In hot debates, employees and management spar over allegations content rules aren't enforced for Breitbart and other right-wing publishers for fear of public blowback. Other internal documents show management expresses wariness of appearing biased. In response, $Facebook(FB.US$ says it enforces its rules equally and doesn't consider politics in its decisions.
Read More
In hot debates, employees and management spar over allegations content rules aren't enforced for Breitbart and other right-wing publishers for fear of public blowback. Other internal documents show management expresses wariness of appearing biased. In response, $Facebook(FB.US$ says it enforces its rules equally and doesn't consider politics in its decisions.
Read More
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
Explore and integrate top feeds before the bell
57KFollowers
13Following
56KVisitors
Follow
Swift Tuna : hi
David W Clark : Biggest take away of this today:
Democrat Party Members in Congress still believe and are pushing for more taxes, which they themselves WILL NOT PAY. NO COUNTRY OR NATION HAS EVER TAXED IT'S WAY OUT OF POVERTY AND INTO PROSPERITY. THEY ONLY CREATE BIGGER GOVERNMENT POWERS AND 2 CLASSES OF PEOPLE WEALTHY POLITICAL ELITES AND THE POOR SERVANTS OF THE GOVERNMENT!
James0007 : not bad
Bama-Slammer David W Clark: I agree and keep saying we in a very dangerous market I don't when dut I do know it will be correction. I see China real- estate and unknow true debt. I think America we have Natural gas problems, oil, freight, food, materials, basic energy, extreme border ( should be addressed immediately you can not do this in any other country) add on top hundreds of thousands of people quitting jobs and we have 5% to 6% inflation. This leadership will destroy the American dream. You will pay 50% plus in capital gains tax. I don't like it less government is always better. Love fast hate slow.