Asia stocks set for mixed start; Treasuries jumped
Asian stocks are set for a mixed start Wednesday after U.S. shares snapped their longest winning streak since 2017. Treasuries rallied, with some traders citing an unwinding of bearish bond bets.
Futures for Japan were steady and those for Hong Kong fell. Australia opened little changed, while U.S. futures slipped. The $S&P 500 Index(.SPX.US)$ dipped for the first time in nine sessions, hurt by financial shares amid a slump in the 10-year U.S. Treasury yield. The $NASDAQ 100 Index(.NDX.US)$ underperformed, in part on $Tesla(TSLA.US)$'s loss of $199 billion in value on a host of negative news.
Consumer prices likely surged last month at their fastest pace in about 30 years
Economists expect the consumer price index rose 0.6% in October and 5.9% on a year-over-year basis, the most since 1990. The CPI is hotter than economists initially expected it would be, and they now see it staying elevated into next year. "What we're seeing is there's this second wave of inflation that appears more broad based, and it's also backed up with a sharp increase in wages," said one economist.
Tesla erases $199 billion in worst two-day rout in 14 months
$Tesla(TSLA.US)$ lost about $199 billion in value during its biggest back-to-back selloff since September 2020 amid a host of negative news. The shares tumbled 12% on Tuesday, after closing down 4.8% on Monday.
EV ETFs gear up for new flows from infrastructure spending bill
Exchange-traded funds focused on electric vehicles could catch some momentum from the massive infrastructure bill Congress passed on Friday. The roughly $1 trillion package allocates $7.5 billion to build out a network of EV chargers and another $7.5 billion for low or zero-emission buses and ferries.
Coinbase shares drop after third-quarter revenue misses analysts' estimates
$Coinbase(COIN.US)$ reported weaker-than-expected revenue for the third quarter. The number of monthly transacting users dropped from the prior period, dropping to 7.4 million from 8.8 million in the second quarter. The stock sank more than 13% in extended trading. Both bitcoin and ethereum hit new all-time highs this week.
GE to break up into 3 companies focusing on aviation, health care and energy
The company will be divided into separate units focused on aviation, health care and energy. The decision by GE earned praise from Wall Street analysts Tuesday morning. $GE Aerospace(GE.US)$ shares have badly underperformed the market over the last two decades.
DoorDash stock rockets on deal to acquire international delivery platform Wolt for $8.1 billion
$DoorDash(DASH.US)$ announced Tuesday it's acquiring Wolt, a food delivery platform that's expanded into groceries and retail, in an all-stock transaction valued at $8.1 billion. Wolt has about 4,000 employees and operates in 23 countries.
The move is an effort to accelerate the company's international growth. Shares of DoorDash popped more than 24% in after-hours trading following an initial dip.
Palantir reports 36% revenue growth, projects strong finish to year
$Palantir(PLTR.US)$ reported third-quarter earnings Tuesday that beat analyst expectations on revenue and met earnings estimates. The company said it expects revenue from the current quarter to come in at $418 million, above current estimates of $402 million. Shares of Palantir closed down 9.35% at $24.25.
Source: Bloomberg, WSJ, CNBC

What words come to mind when you think about your personality traits? Impulsive? Confident? Organized? Now think about how you make investing decisions. Would the same words apply? The market is like a personality test. Every decision you've made will lead to different results. The only difference between them is: one can be used on your Instagram profile, and another one sometimes makes you broke.
Vote first plz~~
Here come mooers' test results. Can see yourself in them?
1. The hyper guy
@Perfume_girl: $NVIDIA(NVDA.US)$ trillion dollar market cap
@SissyBecca: $NVIDIA(NVDA.US)$ 320$ pre market
@Soulforger:  Yippee-ki-yay, To The Moon! $AMC Entertainment(AMC.US)$
2. The gloomy guy
@soyabean89: Should have stick to  $PepsiCo(PEP.US)$. Rather die of sweet diabetes and salty doritos than suffer hypertension from overhyped bloody  $Oatly Group AB(OTLY.US)$
@Sikwitit: $AMC Entertainment(AMC.US)$ Sorry but not sorry to everyone that bet against AMC  
#BUY #AMC & #HODL #ApesNotLeaving #amctothemoon #ApesSavedAMC
@Powerhouse: we are still in the midst of a pandemic yet the big name MRNA had fallen by 12%. i think i may have to look at PFE which can only go up now! unbelievable !
ps. i had bought more from broker
@Cashcauterize: remember this $AMC Entertainment(AMC.US)$ Oh no it's down to $31.00
3. The chill guy
@UR2EZ: when you have a $40 price alert on $AMC Entertainment(AMC.US)$
4. The Star War guy
@Kenzy86: $AMC Entertainment(AMC.US)$
5. The WTF are you doing guy
@Deezy_McCheezy: $Tesla(TSLA.US)$ Don’t judge a book by its cover.  That clown is a highly skilled sniper.
@Deezy_McCheezy: How bears manage their finances :)
of course there are
6. Apes
@Mr Trecherous: Seeing Fellow Apes In Public Be Like $AMC Entertainment(AMC.US)$
@Rogue Trader 7: When you're an Ape. $AMC Entertainment(AMC.US)$ life is good.
This week, we'd like to invite you to comment below and tell about "what kind of investor you are?"
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post whatever you want to illustrate your ideas. 
That's all for this week! Peace!

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record close Monday to kick off November.
- Apple wants iPhones to detect car crashes, auto-dial 911. The safety feature is also planned for Apple Watches expected in 2022, according to company documents.
Market Snapshot
Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record close Monday to kick off November.
Futures on the $Dow Jones Industrial Average(.DJI.US)$ fell 8 points. $S&P 500 Index(.SPX.US)$ futures and $NASDAQ 100 Index(.NDX.US)$ futures both sat fractionally below the flatline.
Market Temperature
Read More: Market Temperature (10/29)
Top News
Dow briefly jumps above 36000, finishes at record
The Dow traded above 36000 in the morning, then ended the day at a new high. Investors are awaiting earnings and more clarity on the Fed's interest-rate plans.
U.S. targets stablecoin digital currency for banklike oversight
A Treasury-led panel asked Congress to set up a regulatory framework to address growing risks.
There's less than meets the eye to October manufacturing
Supply problems are inflating the Institute for Supply Management's monthly manufacturing index.
Companies include green bonds in larger debt offerings
Chip maker $Micron Technology(MU.US)$ is the latest big company to issue a green bond alongside a larger debt issuance.
Ford broadens its AI expertise
The auto maker has trained more than 1,000 employees on a platform it developed to put AI tools in the hands of people across the company. $Ford Motor(F.US)$
American Airlines cancels hundreds of more flights
The carrier's troubles on Monday and over the weekend follow similar turmoil at rivals Spirit and Southwest. $American Airlines(AAL.US)$
Apple wants iPhones to detect car crashes, auto-dial 911
The safety feature is also planned for Apple Watches expected in 2022, according to company documents. $Apple(AAPL.US)$
Read More
Welcome to the metaverse: Investment implications from Facebook's transition to meta.
10 stocks to watch for an impending rebound or pullback (Week of 11/01)
Tesla shares slipped over 6% in premarket trade after Musk said Hertz deal isn't signed
EV startups Lucid and Rivian deliver first models to customers
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

$Root Inc(ROOT.US)$ The only way to save this company is that they declare to accept crypo payment LOL

Dear mooers, are you expecting  $Apple(AAPL.US)$ Q4 earnings? How will this affect the stock price?
Time to join the game!
Win Reward:
Place your bet on AAPL's closing price (i.e.+3%) of Oct 29 ET / Oct 30 SGT before Oct 29 4:00 AM ET / Oct 29 4:00 PM SGT. The mooer with the closest bet will win 300 points!
New iPhone 13 models and new iPad, how is 2021 sales compared to 2020 sales? The fourth quarter earnings call will surely provide some insight!
You may also be interested in:
Apple FY21 Fourth Quarter Results