Before the Bell | Intel to list shares in Mobileye unit
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
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. 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."
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."
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.
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.
$GlaxoSmithKline (GSK.US)$ 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. $Intel (INTC.US)$
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. $Meta Platforms (FB.US)$
Read More
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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Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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