By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures jumped early morning Tuesday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant.
- Intel's listing could value the self-driving-car unit at more than $50 billion. It is the latest move by CEO Pat Gelsinger to revive the semiconductor giant's fortunes.
Market Snapshot
Stock futures jumped early morning Tuesday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant.
Futures on the $Dow Jones Industrial Average(.DJI.US)$ rose 335 points. $S&P 500 Index(.SPX.US)$ futures rose 1.23% and $NASDAQ 100 Index(.NDX.US)$ futures were up 1.72%.
Market Temperature
Read more: Market Temperature (12/7)
Top News
Stock futures gain on Omicron optimism
U.S. stock futures, oil prices and Treasury yields rose as investors bet that the impact of Omicron would be milder than previously thought.
U.S. weighs new rules for all-cash real-estate deals
The Treasury Department's FinCEN says it wants to "protect the U.S. real estate market from exploitation by criminals and corrupt officials."
U.S. weighs new rules for all-cash real-estate deals
The Treasury Department's FinCEN says it wants to "protect the U.S. real estate market from exploitation by criminals and corrupt officials."
Balmy forecasts send natural gas prices plunging
Worries of soaring heating bills have diminished as warm weather and higher production boost supply.
Glaxo says its antibody drug works against Omicron
$GlaxoSmithKline(GSK.US)$ and $Vir Biotechnology(VIR.US)$ said their Covid-19 antibody treatment retained effectiveness against the Omicron variant in laboratory studies, even as early data suggests that similar treatments work less well against the strain.
Intel to list shares in Mobileye unit
The listing could value the self-driving-car unit at more than $50 billion. It is the latest move by CEO Pat Gelsinger to revive the semiconductor giant's fortunes. $Intel(INTC.US)$
Instagram unveils tools to keep teens safe
On the eve of a Senate subcommittee hearing, the platform shares plans for taking a "stricter approach" to content it shows users under 18. $Meta Platforms(FB.US)$
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US lawyers set for record bonuses as pandemic fires dealmaking
Bull Session | Elon Musk calls CEO a "made-up title" and describes himself as a "funny" person, what do you think?
Cathie Wood-led Ark's Transparency ETF to begin trading on Wednesday
5 short squeeze candidates to track: PPSI, NUZE, RNXT, GRAB, CRTX
US regulators probe Trump's SPAC deal
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

$General Motors(GM.US)$ plans to begin delivering a roughly $113,000 special “Edition 1” version of the vehicle by mid-December.
President Joe Biden also made several supportive comments promoting the vehicle during a speech at the facility, including calling it “one hell of a vehicle.”
Another powerful player, $Tesla(TSLA.US)$ unveiled it's "Cybertruck" almost two years ago to the day. The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.
Fans are still very excited since it looks like a vehicle from the future.
The last one is the youngest rising star $Rivian Automotive(RIVN.US)$ . It started production of its R1T electric pickup truck on Sep.14. Tried to make Rivian the first to bring an electric pickup to the market, ahead of Tesla, General Motors and others. However, their product quality is now under doubt since the battery problem.
So which one would be your choice? Would you tell me about your reason?
Source:
Biden’s test drive of electric Hummer helped increase reservations, GM says