$AMC Entertainment (AMC.US)$
ffg

$AMC Entertainment (AMC.US)$ up

$Boeing (BA.US)$The head of the Federal Aviation Administration will tell a U.S. House panel tomorrow the agency is taking a new stance in overseeing safety efforts of Boeing and other airplane manufacturers.
"Our approach to aircraft certification and safety oversight has changed," agency Administrator Steve Dickson reportedly will say in prepared testimony before a Transportation Committee subcommittee. "We are prioritizing oversight of manufacturers and working to focus that oversight on safety-critical areas. We are delegating fewer responsibilities and demanding more transparency from them."
Separately, Bernstein analyst Douglas Harned says he expects to see "challenging" Q3 results from Boeing, despite the potential for recovery in six months.
Maintaining an Outperform rating but trimming his price target to $269 from $279, Harned points to Boeing's two overriding issues: 787 deliveries remaining shut down and 737 MAX deliveries in Q3 in line with his model.
A new defect on Boeing's 787 Dreamliner recently came to light, involving specific titanium parts that are weaker than they should be.

❤️Happy 9th birthday to moomoo🎂❤️
I'm very happy to have the opportunity to meet Futu's 9th anniversary. From joining this big family until now, I have learned a lot about investing and financial management and have slowly enriched my experience. I have met many MooMoo friends, which is a very happy thing. They have given me a lot of advice, and every MooMoo friend is very friendly. Thank you. @moomoo Courses @Popular on moomoo @Team moomoo @Investing with moomoo @moomoo Rewards @moomoo Academy @moomoo Singapore @Moomoo Breakfast @Moomoo News @Moomoopedia SGThank you all, I am very grateful for the activities and courses every day that have allowed us to gain knowledge in the investment process. I am also very happy to participate in different interesting games and topics. I hope Moo Moo will become stronger and stronger 💪🏻💪🏻💪🏻.

By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures declined in early trading on Thursday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings.
- PayPal's ambitions to play a bigger role in the shopping process could pay off.
Market Snapshot
Stock futures declined in early trading on Thursday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings.
$Dow Jones Industrial Average (.DJI.US)$futures fell 95 points. $S&P 500 Index (.SPX.US)$futures and $NASDAQ 100 Index (.NDX.US)$futures both traded in mildly negative territory.
Market Temperature
Read More: Market Temperature (10/21)
Top News
Dow, S&P 500 finish day near records
U.S. stocks rose amid results from companies including $Tesla (TSLA.US)$ and $Verizon (VZ.US)$ that will provide insight into the effects of inflation and supply-chain disruptions, including from the global chip shortage, on the tech industry.
Fed official says lingering inflation could change interest-rate outlook
Randal Quarles, a Fed governor, says he is watching for signs that higher demand will keep prices elevated even after bottlenecks abate.
Critics blast private equity at Senate hearing
The hearing followed the reintroduction of the Stop Wall Street Looting Act, an overhaul of private-equity regulation that is strongly opposed by the industry.
Investors wager debt-ceiling reprieve passes quickly
Distortions in the short-term Treasurys market have eased but haven't been completely erased.
IBM's sales hit by slower client spending
Total revenue for the September quarter rose to $17.62 billion, shy of analysts' expectations as the company said its cloud business and some clients' pause in spending weighed on its results. $IBM Corp (IBM.US)$
FDA authorizes covid-19 vaccine boosters from Moderna, J&J
U.S. health regulators significantly widened the nation's Covid-19 booster campaign, clearing use of extra doses of $Moderna (MRNA.US)$ and $Johnson & Johnson (JNJ.US)$ vaccines and also saying people can get a shot that is different from what they had previously received.
PayPal's vision board comes into focus with Pinterest
Payments company's ambitions to play a bigger role in the shopping process could pay off. $PayPal (PYPL.US)$ $Pinterest (PINS.US)$
Read More
Tesla posts record revenue and profit in third quarter
SpaceX expected to become more valuable than Tesla?
[Rewards Calling] Facebook's name change can't fix anything!
IPO Snapshot | MicroPort MedBot, global first-tier surgical robot company
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

$Bitcoin (BTC.CC)$  notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund $ProShares Bitcoin ETF (BITO.US)$ .
The world’s largest cryptocurrency is now above $65000, according to Coin Metrics. The coin at its highs passed the $66,900 level Wednesday, topping a previous intraday record of $64,899 set in mid-April.
Big change since 2020:
$ProShares Bitcoin ETF (BITO.US)$ , which tracks bitcoin futures contracts pegged to the future price of the cryptocurrency, rose nearly 5% on its first day of trading Tuesday.
However, not everyone in the crypto market was impressed. “More products are great, but I just don’t see the point of investing in futures-based bitcoin ETFs when you can buy the asset in the spot market,” said Jodie Gunzberg, managing director of CoinDesk Indexes.
Any thoughts to share about BTC and BITO?
Click to join the discussion and win points!
Source:
Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch

$PayPal (PYPL.US)$ $Pinterest (PINS.US)$ PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc., people with knowledge of the matter said, Bloomberg News reports.
San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $70 a share, which would value Pinterest at roughly $39 billion, one of the people said.
Some interesting questions:
1.What is the potential synergy between these two companies?
2.What is your price target for Pinterest? (Disclosure I'm a bagholder at $75).
3.This seems clearly like a planned leak. What is this leak trying to achieve?
4.Are there better companies for acquisition of Pinterest?
5.What is your long term view of Pinterest?