Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Before the Bell | Tesla shares sink as Twitter users back Musk's 10% stock sale

avatar
Moomoo Breakfast US wrote a column · Nov 8, 2021 04:04
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures dipped in early morning trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report.

- Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote.
Market Snapshot
Stock futures dipped in early morning trading after the major U.S. market indexes reached record highs on Friday following a better-than-expected October jobs report.
Futures on the $Dow Jones Industrial Average(.DJI.US)$ gained 68 points. $S&P 500 Index(.SPX.US)$ futures were flat and $NASDAQ 100 Index(.NDX.US)$ futures traded in mildly negative territory.
Source: Bloomberg
Source: Bloomberg
Market Temperature
Before the Bell | Tesla shares sink as Twitter users back Musk's 10% stock sale
Stocks finish at new highs after jobs data
U.S. stocks rose to records after Labor Department data showed job growth rebounded in October following a summer slowdown.
Biden gets down payment on agenda; obstacles loom for spending bill
The White House will tout the benefits of the bipartisan infrastructure legislation amid inflation pressures and an uncertain fate for the $2 trillion spending bill.
What's harder to find than microchips? The equipment that makes them
The world is hungry for semiconductors, and not all of them need to be made with cutting-edge technology. The race is on to find older machines that can still crank out chips.
Infrastructure law seen having small, positive impact on growth
The roughly $1 trillion infrastructure package will modestly help the economy in the short run while priming the country for slightly stronger growth in coming decades, economists say.
Elon Musk's Twitter poll results favor Tesla stock sale
Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote. $Tesla(TSLA.US)$
Berkshire Hathaway's net earnings fall 66%
Warren Buffett's conglomerate said its third-quarter net earnings fell to $10.34 billion, after paper gains from the company's vast portfolio of stock investments declined from a year earlier. $Berkshire Hathaway-A(BRK.A.US)$
Amazon cloud's new boss girds to defend turf it pioneered
Adam Selipsky is leading the cloud-computing unit as Microsoft and Google challenge its dominance in infrastructure services with end-user software programs. $Amazon(AMZN.US)$

Read More
Before the Bell | Tesla shares sink as Twitter users back Musk's 10% stock sale
Before the Bell | Tesla shares sink as Twitter users back Musk's 10% stock sale
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
2
2
1
39
+0
3
Translate
Report
71K Views
Comment
Sign in to post a comment