Before the Bell | Elon Musk sells more Tesla shares worth $906.5m
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures nudged lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
- Tesla CEO Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.
Market Snapshot
U.S. stock index futures nudged lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ lost 29 points after being positive earlier. $S&P 500 Index (.SPX.US)$ futures declined 0.23% and $NASDAQ 100 Index (.NDX.US)$ 100 futures were off 0.53%.
Market Temperature
Fedspeak cheat sheet: What Fed officials said before their December meeting
Federal Reserve officials' comments took a decidedly hawkish turn in the weeks following their early November policy meeting that launched the drawdown of central bank bond buying.
Federal Reserve officials' comments took a decidedly hawkish turn in the weeks following their early November policy meeting that launched the drawdown of central bank bond buying.
GameStop, AMC fall in blow to meme-stock investors
Data suggest that individual investors continued to buy the stocks amid last week's selloff after both companies reported news that hurt their share prices.
Data suggest that individual investors continued to buy the stocks amid last week's selloff after both companies reported news that hurt their share prices.
Analysis: Currency traders face volatile week with barrage of rate decisions
Currency traders are bracing for a busy week with the potential for big swings in the market as a host of central banks announce their latest policy decisions.
Currency traders are bracing for a busy week with the potential for big swings in the market as a host of central banks announce their latest policy decisions.
Omicron will slow oil demand recovery but not destroy it, IEA says
The new variant's emergence will allow the supply of oil to overtake the rate at which the world is consuming it, easing the supply tightness of recent months, the International Energy Agency said Tuesday.
The new variant's emergence will allow the supply of oil to overtake the rate at which the world is consuming it, easing the supply tightness of recent months, the International Energy Agency said Tuesday.
Afterpay shareholders approve all-scrip takeover by Block Inc.
Afterpay Ltd. shareholders overwhelmingly voted in favor of the Australian buy-now-pay-later provider's acquisition by Block Inc. $Block (SQ.US)$
Afterpay Ltd. shareholders overwhelmingly voted in favor of the Australian buy-now-pay-later provider's acquisition by Block Inc. $Block (SQ.US)$
Harley-Davidson's EV division to go public via SPAC merger
The merger gives LiveWire, the motorcycle maker's electric-vehicle arm, an enterprise valuation of about $1.77 billion. $Harley-Davidson (HOG.US)$
The merger gives LiveWire, the motorcycle maker's electric-vehicle arm, an enterprise valuation of about $1.77 billion. $Harley-Davidson (HOG.US)$
JPMorgan in talks to pay $200 million fine over staffers' texts
The settlement would be the first to emerge from a regulatory sweep of how banks track employee communications. $JPMorgan (JPM.US)$
Read More
The settlement would be the first to emerge from a regulatory sweep of how banks track employee communications. $JPMorgan (JPM.US)$
Read More
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Jensen Philanthropy : You know why Elon Musk is selling? This is probably the time his TSLA shares will be worth the most in these few decades, buying the dip will only make him richer and he will laugh his ass off. Dumbass paying 900 to 1000 dollars buying his options exercised stocks strike at $6. Jokes on you
Giovanni Duran : He's selling because he need to pay for the tesla prototype phone possibly crypto mine plus he gotta get gifts for Christmas
DeShawn W Keys : Good morning fear and greed who wants some, you're broke you don't have anything, so when you get some REAL money then you can play. No really kick rocks.
搞经济 抄底 加仓 : The only stock controlling the S&P