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Morning Briefing: Tesla surpasses $1 trillion in market value

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Moomoo Breakfast US wrote a column · Oct 26, 2021 05:14
Morning Briefing: Tesla surpasses $1 trillion in market value
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures rose in morning trading Tuesday as investors await a slew of major technology earnings with the broader market at a record high.

- Hertz's major bulk purchase could help Tesla get more of its cars into the hands of mainstream consumers. Tesla shares surged on the news.
Market Snapshot
U.S. stock futures rose in morning trading Tuesday as investors await a slew of major technology earnings with the broader market at a record high.
$Dow Jones Industrial Average(.DJI.US)$ futures were up about 99 points. $S&P 500 Index(.SPX.US)$ futures and $NASDAQ 100 Index(.NDX.US)$ futures also both traded in positive territory.
Source: Bloomberg
Source: Bloomberg
Market Temperature
Morning Briefing: Tesla surpasses $1 trillion in market value
S&P, Dow rise to fresh record highs
U.S. stocks marched higher ahead of a big week of earnings from major technology companies. $Tesla(TSLA.US)$'s market cap ballooned above $1 trillion for the first time. $S&P 500 Index(.SPX.US)$ $Dow Jones Industrial Average(.DJI.US)$
Fed prepares to taper stimulus amid more doubts on inflation
Federal Reserve officials are set to wind down their $120 billion-a-month bond-purchase program in November, but questions over how soon inflation pressures will fade are creating more uneasiness inside the central bank.
Energy-stock surge leaves climate-focused investors behind
Gains in energy stocks are testing investors who long avoided shares of fossil-fuel producers but are now missing out on the year's top trade.
Buyout firms set record for debt-fueled payouts
Private-equity firms have borrowed over $58 billion this year for dividend recapitalizations, loans that fatten managers' wallets but saddle their companies with debt.
Facebook posts slower sales growth with Apple privacy policy
The social-media giant's primary revenue source saw slower growth in the first full quarter since Apple required apps to ask users whether they want to be tracked. $Facebook(FB.US)$ $Apple(AAPL.US)$
Tesla surpasses $1 trillion in market value as Hertz orders 100,000 vehicles
$HERTZ GLOBAL HOLDINGS INC(HTZGQ.US)$'s major bulk purchase could help $Tesla(TSLA.US)$ get more of its cars into the hands of mainstream consumers. Tesla shares surged on the news.
Mastercard partners with Bakkt to bring cryptocurrency payments to the masses
Banks will be able to issue debit or credit cards that let people pay with bitcoin and earn cryptocurrency as rewards. $MasterCard(MA.US)$ $Bakkt Holdings(BKKT.US)$

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Morning Briefing: Tesla surpasses $1 trillion in market value
Morning Briefing: Tesla surpasses $1 trillion in market value
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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