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Before the Bell | Apple sues NSO over spyware, claiming iPhone hacks

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Moomoo Breakfast US wrote a column · Nov 24, 2021 04:31
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures struggled for direction early Wednesday morning after a two-day sell-off in tech shares, pressured by rising rates which boosted energy and financial stocks.

- Apple's lawsuit seeks to bar the surveillance-software company from using the iPhone maker's products.
Market Snapshot
U.S. stock futures struggled for direction early Wednesday morning after a two-day sell-off in tech shares, pressured by rising rates which boosted energy and financial stocks.
$Dow Jones Industrial Average(.DJI.US)$ futures shed 124 points. $S&P 500 Index(.SPX.US)$ sat below the flatline while $NASDAQ 100 Index(.NDX.US)$ futures lost 36 points.
Source: Bloomberg
Source: Bloomberg
Market Temperature
Before the Bell | Apple sues NSO over spyware, claiming iPhone hacks
Stock futures waver ahead of data, Fed minutes
U.S. stock futures were edging down ahead of a wave of economic data, including gross domestic product and consumer spending, and the release of minutes from the Federal Reserve's recent meeting.
Thanksgiving travelers will face high gas prices, long lines
The TSA expects to greet 20 million flyers. Those driving will pay on average $3.40 a gallon for unleaded gas.
Strong demand, shortages push up prices in U.S. and Europe
Businesses continue to contend with cost inflation even as supply constraints show signs of easing, according to recent surveys.
Fed nominations leave questions over regulation
President Biden's decision to reappoint Jerome Powell and elevate governor Lael Brainard signals continuity on monetary policy but leaves open questions on the direction the central bank will take in regulating Wall Street.
Samsung picks Texas for $17 billion chip-making factory
The investment adds to a wave of expanded semiconductor production amid global parts shortages.
Apple sues Israeli firm NSO over spyware, claiming iPhone hacks
The lawsuit seeks to bar the surveillance-software company from using the iPhone maker's products. $Apple(AAPL.US)$
Musk's tax bill on stock options fell along with Tesla's share price
While a sliding stock price eases the $Tesla(TSLA.US)$ CEO's short-term tax bill, it also limits the deductions that his company is able to take.

Read More
Before the Bell | Apple sues NSO over spyware, claiming iPhone hacks
Before the Bell | Apple sues NSO over spyware, claiming iPhone hacks
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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