Rising yields, dollar climb shadow Asia stock open
Asian stocks look set for a cautious start Tuesday after U.S. shares struggled and Treasury yields jumped as traders parsed geopolitical risks and concerns about Federal Reserve policy tightening.
Futures for Japan were steady while those for Australia and Hong Kong fell. The $S&P 500 Index(.SPX.US)$notched a third straight drop after a few rebound attempts, while th...

By Julianna
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures turned mixed in early morning trading Friday as investors digested a slew of corporate earnings reports after the Nasdaq Composite posted its worst day in more than a year.
- $Pinterest(PINS.US)$ stock surged in extended trading Thursday after it reported a couple of firsts: a full-year profit and more than $2 billion in annual reven...

Musk sold 934,091 shares of $Tesla(TSLA.US)$ and also exercised options to purchase 2.17 million shares at $6.24.
$Lucid Group(LCID.US)$ shares sank 15%. The EV maker announced late Wednesday that it plans to privately offer $1.75 million in convertible senior notes due 2026.
Adam Aron, chief executive officer of $AMC Entertainment(AMC.US)$, sold another $9.65 million in shares of the meme-driven theater stock.
How to read the chart
· The chart shows stocks with the most option activities of the previous trading day.
· Put/Call ratio >0.7 means more the stock attract more bears than bulls.Put/Call ratio<0.7 means the stock attract more bulls than bears.
· Option volume indicates the shares of contracts traded for the day.
· Open interest indicates the total number of option contracts that are currently open – that means they are not yet exercised or offset.
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Well, today is December 9th, is something big about to happen?
One new theory that has been making rounds on Tesla Twitter is the 12/9 hypothesis. According to Tesla bulls and investors on Twitter, the EV maker is planning to do a stock split on December 9, hence the 12/9 theory.
The theory initially began with Tesla's previous stock split. On May 1 (5/1), Elon Musk tweeted the Tesla stock price was too high. On August 11th (8/11) the same year, Tesla announced a 5:1 stock split, which in turn led to a strong price rally for the company's stock.
Now, it's widely believed that Musk hinted at the split directly with this tweet: looking closely, the date & time is 8:11 on 5/1. Some on Twitter believe this was more than a mere coincidence and that it was a cryptic message by Musk announcing the stock split to his followers.
Taking this as a starting point the 12/9 hypothesis tries to predict Tesla's next stock split.
The beginning of the theory could be traced back to an Elon Musk joke with his two favorite numbers: 420 and 69.
Musk wrote on Twitter: "Due to inflation $420 has gone up by 69."
Adam Hoove then did some number magic adding 420 and 69, which gives us 489, add the first two digits again 4 + 8 which gives 12, leave the 9 as it is and boom 12/9.
The snowball started rolling. It seems that the 12/9 number combination is everywhere:
1. Musk celebrates a very specific milestone of SpaceX. The 12/9 appears again.
2. Musk recently liked his own tweet from the 12/9.
3. The "battle" pictured on Musk's tweet is the Viking attack on Iona city, the last of which is thought to have happened in 1209.
4. Latest Tesla's FSD Beta v10.5 Release Notes feature 12 total items, with only one missing a dash in the front. You guessed it - the 9th item.
5. Gary Black, the Managing Partner of the Future Fund and Twitter-famous for his TSLA analysis. He pointed out a bit less important tweet where Elon claims 12M pounds of thrust at liftoff while showing clearly the 9 middle thrusters:
6. Also, there's some other "evidence":
Some of the supporting details were so elaborate the theory was starting to look real.
However, Elon has poured cold water on the theory at his latest appearance on the Wall Street Journal's CEO summit.
Musk, asked by the moderator what is going to happen with Tesla on December 9, Musk answered simply saying "nothing as far as I know."
Musk added: "I don't know where this came from, this is one of those memes that just came out of nowhere. As far as I know, nothing, maybe something might happen that I'm not aware of.”
So, Mooers, what do you think? Bummed there will not be a Tesla stock split on December 9? Have any theories about what else might happen on 12/9? Comment your thoughts below!!!
$Tesla(TSLA.US)$
Source: Twitter, Inside EVs

By Julianna
Hey, mooers! Here are things you need to know before the opening bell:
- Dow futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve's move to tighten policy.
- The FTC has sued to block $NVIDIA(NVDA.US)$'s proposed takeover of Arm Holdings. But analysts say exploding growth in semiconductor demand is expected to ease the setback facing the chip maker if it can't complete the deal.
Market Snapshot
Dow futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve's move to tighten policy.
Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$ jumped 76 points. $S&P 500 Index(.SPX.US)$ futures were flat, while $Nasdaq Composite Index(.IXIC.US)$ futures were down 90 points.
Market Temperature
Read more: Market Temperature (12/6)
Top News
Economy week ahead: Trade, employment, inflation
The U.S. consumer-price index, out Friday, highlights this week's economic data.
Stock futures edge up to start the week
U.S. stock futures ticked up, putting Wall Street indexes on course to extend their back-and-forth moves as investors await more data on the Omicron variant of Covid-19.
U.S. plans to fast-track revamped Covid-19 vaccines
Federal regulators said cases have been identified in 16 states and that the Food and Drug Administration is already in conversations about streamlining authorization for revamped vaccines.
Kohl's urged to consider sale by activist investor
Activist Engine Capital sent a letter also pressing the department-store chain to consider a separation of its e-commerce business. $Kohl's Corp(KSS.US)$
Nvidia's deal setback eased by soaring chip demand
The FTC has sued to block $NVIDIA(NVDA.US)$'s proposed takeover of Arm Holdings. But analysts say exploding growth in semiconductor demand is expected to ease the setback facing the chip maker if it can't complete the deal.
Cruise pricing risks sailing off the deep end
Cruise pricing has never been a better deal for consumers in some cases. But cruise companies can't afford for that dynamic to last.
Spotify removes some comedians' work from streaming service
A push for royalty payments on comedic material has sidelined the work of Jim Gaffigan, John Mulaney and hundreds of other comedians on $Spotify Technology(SPOT.US)$.
Read More
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Bukele steps up El Salvador's bet on sliding bitcoin
Nasdaq top 10 active retail trading sentiment on Dec.06
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg