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When it rains gold, put out the bucket, not the thimble. Where’s your bucket?
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$NVIDIA (NVDA.US)$
$Meta Platforms (FB.US)$
$Microsoft (MSFT.US)$
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$NVIDIA (NVDA.US)$
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$Microsoft (MSFT.US)$
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By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mixed early Friday as concerns over a resurgence of pandemic weighed on global markets.
- The athletic-wear company Nike earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods.
Market Snapshot
Stock futures were mixed early Friday as concerns over a resurgence of Covid-19 weighed on global markets.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 138 points, reversing course having earlier been in positive territory by a similar margin. $S&P 500 Index (.SPX.US)$ futures were marginally lower while $NASDAQ 100 Index (.NDX.US)$ futures gained 60 points.
Market Temperature
Read more: Market Temperature (11/19)
Top News
S&P 500 sets another record following earnings from Macy's and Kohl's
Stocks rose to a record as Macy's and Kohl's posted strong earnings and unemployment data showed the labor market is continuing to recover. $Macy's(M.US)$$Kohl's Corp(KSS.US)$
House set to pass $2 trillion social spending and climate bill
Legislation would next go to the Senate, where it could face changes to paid leave, tax and immigration provisions.
In post-GameStop reform push, SEC seeks more stock-lending disclosure
The Securities and Exchange Commission is moving to bring greater transparency to the securities-lending market, where short-selling hedge funds borrow shares to bet against companies' stocks. $GameStop(GME.US)$
EV spat looms over Biden's meeting with Canadian, Mexican leaders
The U.S. president faces visitors who have accused his administration of promoting electric vehicles and union jobs at the expense of trading relationships.
Microsoft pressures Activision Blizzard
Microsoft's executive vice president of gaming told employees the company is evaluating its relationship with Activision Blizzard amid questions about the gaming company's handling of sexual-misconduct issues. $Microsoft(MSFT.US)$$Activision Blizzard(ATVI.US)$
Nike launches virtual play place on Roblox
The athletic-wear company earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods. $Nike(NKE.US)$$Roblox(RBLX.US)$
Instagram's effects on children are being investigated by States
A bipartisan coalition of state attorneys general said it is investigating how Instagram recruits and affects young people, amping up the pressure on parent company Meta Platforms over the potential harms to its users. $Meta Platforms (FB.US)$
Read More
Who electrified the entire auto industry? GM or Tesla?
What sectors are investors buying in?
Who is the biggest winner of Elon Musk's stocks sales?
Which stocks have the highest dividends in S&P 500?
Which social media app is the most popular among US Gen Z youth?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mixed early Friday as concerns over a resurgence of pandemic weighed on global markets.
- The athletic-wear company Nike earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods.
Market Snapshot
Stock futures were mixed early Friday as concerns over a resurgence of Covid-19 weighed on global markets.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 138 points, reversing course having earlier been in positive territory by a similar margin. $S&P 500 Index (.SPX.US)$ futures were marginally lower while $NASDAQ 100 Index (.NDX.US)$ futures gained 60 points.
Market Temperature
Read more: Market Temperature (11/19)
Top News
S&P 500 sets another record following earnings from Macy's and Kohl's
Stocks rose to a record as Macy's and Kohl's posted strong earnings and unemployment data showed the labor market is continuing to recover. $Macy's(M.US)$$Kohl's Corp(KSS.US)$
House set to pass $2 trillion social spending and climate bill
Legislation would next go to the Senate, where it could face changes to paid leave, tax and immigration provisions.
In post-GameStop reform push, SEC seeks more stock-lending disclosure
The Securities and Exchange Commission is moving to bring greater transparency to the securities-lending market, where short-selling hedge funds borrow shares to bet against companies' stocks. $GameStop(GME.US)$
EV spat looms over Biden's meeting with Canadian, Mexican leaders
The U.S. president faces visitors who have accused his administration of promoting electric vehicles and union jobs at the expense of trading relationships.
Microsoft pressures Activision Blizzard
Microsoft's executive vice president of gaming told employees the company is evaluating its relationship with Activision Blizzard amid questions about the gaming company's handling of sexual-misconduct issues. $Microsoft(MSFT.US)$$Activision Blizzard(ATVI.US)$
Nike launches virtual play place on Roblox
The athletic-wear company earlier filed trademark applications indicating it wanted to sell digital versions of its sneakers, clothing and other goods. $Nike(NKE.US)$$Roblox(RBLX.US)$
Instagram's effects on children are being investigated by States
A bipartisan coalition of state attorneys general said it is investigating how Instagram recruits and affects young people, amping up the pressure on parent company Meta Platforms over the potential harms to its users. $Meta Platforms (FB.US)$
Read More
Who electrified the entire auto industry? GM or Tesla?
What sectors are investors buying in?
Who is the biggest winner of Elon Musk's stocks sales?
Which stocks have the highest dividends in S&P 500?
Which social media app is the most popular among US Gen Z youth?
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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$PayPal (PYPL.US)$ good price to enter disct
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What was expected to be a wave of U.S. exchange-traded funds tied to Bitcoin futures has all but dried up -- for now -- after off-the-charts demand for the first one rattled Wall Street's all-important middlemen.
Wall Street analysts as many as four Bitcoin futures ETFs to begin trading in October following the SEC' s tacit approval of the structure; instead only two products, fromProShares $ProShares Bitcoin ETF (BITO.US)$ and Valkyrie Investments $Valkyrie Bitcoin and Ether Strategy ETF (BTF.US)$, debuted.
The delay is due in part to reticence among futures commission merchants, which act as an intermediary between derivatives-backed funds such as the $ProShares Bitcoin ETF (BITO.US)$ and the exchanges where those contracts trade. Known as FCMs , these firms -- typically banks -- handle buy and sell orders for futures contacts on behalf of their clients and then settle those trades with exchanges such as the Chicago Mercantile Exchange.
In normal circumstances, it's a fairly mechanical, out-of-the-spotlight relationship. However, the seen for $ProShares Bitcoin ETF (BITO.US)$ -- which last monthaccumulated more than $1 billion in assets in just two days, among the biggest launches ever -- has FCMs thinking twice. The cash influx quickly ate up the balance sheet of the firm acting as an FCM for BITO at its launch, putting regulatory capital limitations against the Bitcoin futures exposure in sight, according to a person familiar with the matter.
How do you think about Bitcoin futures ETFs? Will you invest in it?
FOLLOW ME to know more about ETFs
PLZ leave your comments and likes below
Source: Bloomberg
Wall Street analysts as many as four Bitcoin futures ETFs to begin trading in October following the SEC' s tacit approval of the structure; instead only two products, fromProShares $ProShares Bitcoin ETF (BITO.US)$ and Valkyrie Investments $Valkyrie Bitcoin and Ether Strategy ETF (BTF.US)$, debuted.
The delay is due in part to reticence among futures commission merchants, which act as an intermediary between derivatives-backed funds such as the $ProShares Bitcoin ETF (BITO.US)$ and the exchanges where those contracts trade. Known as FCMs , these firms -- typically banks -- handle buy and sell orders for futures contacts on behalf of their clients and then settle those trades with exchanges such as the Chicago Mercantile Exchange.
In normal circumstances, it's a fairly mechanical, out-of-the-spotlight relationship. However, the seen for $ProShares Bitcoin ETF (BITO.US)$ -- which last monthaccumulated more than $1 billion in assets in just two days, among the biggest launches ever -- has FCMs thinking twice. The cash influx quickly ate up the balance sheet of the firm acting as an FCM for BITO at its launch, putting regulatory capital limitations against the Bitcoin futures exposure in sight, according to a person familiar with the matter.
How do you think about Bitcoin futures ETFs? Will you invest in it?
FOLLOW ME to know more about ETFs
PLZ leave your comments and likes below
Source: Bloomberg
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Today, Musk tweets an ancient Chinese poem--<Seven Steps Verse>.
Do you know what it means?
At first, I want to show u the translation:
<The Brothers>
They were boiling beans on a beanstalk fire;
Came a plaintive voice from the pot,
"O why, since we sprang from the selfsame root,
Should you kill me with anger hot?"
And then, I'll tell u the story:
The highly allegorical poem describes the relationship between two brothers from a royal family during China's warring Three Kingdoms period. The brothers are Cao Pi and Cao Zhi.
Cao Pi was jealous of his brother Cao Zhi's literary talent and ordered him to write a poem within seven steps, containing the meaning of brotherhood but without the word "brother", or else he would be executed.
Cao Zhi made this poem on the subject of boiling beans to express the sorrow of brotherhood, and eventually Cao Pi released him because he was ashamed of himself.
How to interpret Musk's posts?
Number 1: Musk was alluding to two rivaling dog-themed cryptocurrencies, shiba inu and dogecoin.
Number 2:<Humankind> is a game. Maybe the poem is Musk's feelings after playing the game.
Just watch the video of<Humankind>
$Tesla (TSLA.US)$
Do you know what it means?
At first, I want to show u the translation:
<The Brothers>
They were boiling beans on a beanstalk fire;
Came a plaintive voice from the pot,
"O why, since we sprang from the selfsame root,
Should you kill me with anger hot?"
And then, I'll tell u the story:
The highly allegorical poem describes the relationship between two brothers from a royal family during China's warring Three Kingdoms period. The brothers are Cao Pi and Cao Zhi.
Cao Pi was jealous of his brother Cao Zhi's literary talent and ordered him to write a poem within seven steps, containing the meaning of brotherhood but without the word "brother", or else he would be executed.
Cao Zhi made this poem on the subject of boiling beans to express the sorrow of brotherhood, and eventually Cao Pi released him because he was ashamed of himself.
How to interpret Musk's posts?
Number 1: Musk was alluding to two rivaling dog-themed cryptocurrencies, shiba inu and dogecoin.
Number 2:<Humankind> is a game. Maybe the poem is Musk's feelings after playing the game.
Just watch the video of<Humankind>
$Tesla (TSLA.US)$
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Just three days after becoming available, $Tesla (TSLA.US)$ has canceled the 0 down payment option it offered in China.
The reason is that the 0 down payment plan has led to a surge in orders, making the vehicle delivery time longer, the customer service agent said.
Tesla China's wholesale numbers in September reached 56,006 units, up 394 percent year-on-year and up 26.5 percent from August, data released by the China Passenger Car Association (CPCA) early last month showed.
It looks like Tesla can sell as much as it wants.
Will you buy a Tesla if the 0 down payment option is available?
It seems like that some people think Tesla stock price is too expensive.
But if Tesla can maintain its current profitability, do you still believe its shares are too expensive?
The reason is that the 0 down payment plan has led to a surge in orders, making the vehicle delivery time longer, the customer service agent said.
Tesla China's wholesale numbers in September reached 56,006 units, up 394 percent year-on-year and up 26.5 percent from August, data released by the China Passenger Car Association (CPCA) early last month showed.
It looks like Tesla can sell as much as it wants.
Will you buy a Tesla if the 0 down payment option is available?
It seems like that some people think Tesla stock price is too expensive.
But if Tesla can maintain its current profitability, do you still believe its shares are too expensive?
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