Before the Bell | EV maker Lucid to launch luxury sedans in Europe in late 2022
Hey, mooers! Here are things you need to know before the opening bell:
Market Snapshot
U.S. stock futures rose Tuesday morning, as the S&P 500 tried to rebound after falling to its lowest level in more than a year.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ rose 0.59%, while $S&P 500 Index (.SPX.US)$ futures gained 0.65% and $Nasdaq Composite Index (.IXIC.US)$ futures were up 1.11%.
Top News
U.S. Stock Futures Gain After Indexes Plumb 2022 Lows
U.S. stock futures rebounded Tuesday, putting major indexes on course to halt three days of punishing declines.
Inflation, Sharp Rise in Interest Rates Pose Financial Risks, Fed Says
The risks outlined in the latest Federal Reserve Financial Stability Report also include the War in Ukraine.
EU Struggles to Convince Hungary on Russia Oil Sanctions
European Commission chief Ursula von der Leyen traveled to see Hungarian Prime Minister Viktor Orban but didn't achieve a breakthrough.
Peloton Stock Dives After Earnings as 'Softer Demand' Hits Outlook
The Leawood, Kan.-based company reported first-quarter sales more than five times higher than the year-ago period. $Peloton Interactive (PTON.US)$
Yelp Looks to Boost Yield on Cash Investments Amid Fed Rate Increases
The business-listings company plans to add marketable securities back to its balance sheet for the first time in more than two years. $Yelp Inc (YELP.US)$
Sony Group's Fourth-Quarter Net Profit Rose Sharply
$Sony (SONY.US)$ said fourth-quarter net profit rose 67% from a year earlier thanks to stronger earnings from the game, music and movie businesses.
Short Seller Warns Musk's Twitter Deal Faces Risk of Getting Repriced Lower
A prominent short seller said Elon Musk's proposal to buy $Twitter (Delisted) (TWTR.US)$ for $44 billion is overpriced and that there is "significant risk" that the deal could get repriced lower.
EV Maker Lucid to Launch Luxury Sedans in Europe in Late 2022
$Lucid Group (LCID.US)$ today announced its initial launch plans for the European market. This includes the forthcoming availability of both versions of Lucid Air Dream Edition with the most advanced electric powertrain available today.
Read More
Key Events This Week
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
Yoke Yew : way to go and expected price to go up