Before the Bell | U.S. seizes $3.6 billion in Bitcoin stolen in 2016 hack

Moomoo Breakfast US wrote a column · Feb 9, 2022 18:57

By Danilo

Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures rose in early morning trading on Wednesday as investors prepare for another round of corporate earnings.

- The value of the bitcoin at the time it was seized last week marks the department's largest-ever financial seizure, officials said.

Market Snapshot

U.S. stock futures rose in early morning trading on Wednesday as investors prepare for another round of corporate earnings.

$Dow Jones Industrial Average (.DJI.US)$ futures rose 200 points. $S&P 500 Index (.SPX.US)$ futures gained 0.7% and $NASDAQ 100 Index (.NDX.US)$ futures rose 0.9%.

Source: Bloomberg

Market Temperature

Before the Bell | U.S. seizes $3.6 billion in Bitcoin stolen in 2016 hack

Stock futures edge up ahead of next round of corporate reports
U.S. stock futures edged up as earnings reports continue to roll in, with results due Wednesday from $Disney (DIS.US)$, $CVS Health (CVS.US)$ and $Mattel (MAT.US)$.

U.S. trade deficit hit record level in 2021
The increase underscores the strength of the American economy as well as the continued dependence on imports from China and other nations.

U.S. households took on $1 trillion in new debt in 2021
The increase, the largest since 2007, was largely the result of a big jump in mortgages and auto loans.

U.S. seizes $3.6 billion in Bitcoin stolen in 2016 hack
The value of the bitcoin at the time it was seized last week marks the department's largest-ever financial seizure, officials said.

XPeng jumps after inclusion in Hong Kong-China stock trading link
Chinese electric-car maker $XPeng (XPEV.US)$'s Hong Kong-listed shares jumped following the stock's inclusion in a trading link that would enable qualified China-based investors to trade XPeng shares.

Lyft's revenue jumps 70% as higher fares offset fewer riders
The ride-hailing company $Lyft Inc (LYFT.US)$ said the Omicron surge will likely affect revenue growth in the first quarter.

Toyota Motor, Honda Motor report weaker net profit amid chip shortage
Japanese car makers $Toyota Motor (TM.US)$ and $Honda Motor (HMC.US)$ reported lower net profit for the quarter ended December as chip shortages weighed on their sales.

Read More

JPMorgan strategists see VIX sending buy signals

Microsoft CEO: Metaverse is just games, really

U.S.-listed China firms jump on Tuesday

SoftBank plans to take Arm public after Nvidia's takeover deal collapses

Russian gov't and central bank agree to treat Bitcoin as currency

Key Events This Week