Morning Briefing: Virgin Galactic charged nearly half a million dollars per seat
By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were little changed during early morning trading on Friday, ahead of the highly anticipated jobs report.
- The online sports betting and casino games firm DraftKings will reports earnings before today's market open.
Market Snapshot
U.S. stock index futures were little changed during early morning trading on Friday, ahead of the highly anticipated jobs report.
Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ gained 7 points. $S&P 500 index(.SPX.US)$ futurers were just about flat, while $Nasdaq Composite Index(.IXIC.US)$ futures were slightly lower.
Crypto
It was a mixed day on Thursday for crypto market. At the time of wrtting,$Bitcoin(BTC.CC)$was down 0.56% and traded at $40682.9. $Ethereum(ETH.CC$was down 2.13% and traded at $2764.79.
The cryptocurrency industry's lobbying efforts apparently paid off as a bipartisan group of Senators pitched an amendment meant to appease crypto proponent's concerns over the possible consequences of the vague wording contained in the infrastructure bill.
Top News
Infrastructure Bill to add $256 billion to deficits, CBO says
Congress's nonpartisan scorekeeper found that the roughly $1 trillion infrastructure bill would widen the federal budget deficit by $256 billion over 10 years, countering negotiators' claims that the price tag would be covered.
German industrial production unexpectedly falls
German industrial production declined in June, missing expectations for an increase amid widespread supply shortages, statistics office Destatis said.
EU takes another step to harmonize anti-money-laundering rules
The European Banking Authority has proposed guidance for financial-sector compliance officers, part of a wider revamp of how the EU deals with money laundering.
Virgin Galactic opens up space flights
$Virgin Galactic(SPCE.US$The new price point will be $450,000 per seat aboard a Virgin Galactic flight. This is an increase from the $200,000 to $250,000 range the company had previously charged per seat.
Manchin says Fed should reverse easy-money policies
The West Virginia Democrat in a letter to Chairman Jerome Powell called for the central bank to cease its bond buying amid inflation worries.
Beyond Meat reports wider quarterly loss
$Beyond Meat(BYND.US$reported a wider quarterly loss on higher operating expenses, but the foodservice business returned to growth, helping drive revenue gains.
Groupon stock rockets after upbeat earnings
Shares of $Groupon(GRPN.US$were up more than 16% in after-hours trading Thursday after the company easily exceeded earnings expectations.
Read More:
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
You found me! Today's password is :" Happy Friday"
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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