Oil at 9mth low, USD is peakin

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Furufurux2
2022-09-13

Oil at 9mth low, USD is peaking, CPI should come in 7.9-8.2, feels good going into the week, Let's have a couple rounds of toast short-term

Pre-Bell｜Dow Futures Gained Over 200 Points; This Fashion Rental Stock Dropped 22%

U.S. stock index futures edged higher on Tuesday as investors awaited key inflation data that could

Pre-Bell｜Dow Futures Gained Over 200 Points; This Fashion Rental Stock Dropped 22%

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darrenlsw
·2022-09-13
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Sales of the action shooting game Splatoon 3 topped 3.45 million units in Japan.</p><p>Wolfspeed— The semiconductor stock advanced 1.6% in the premarket after Evercore ISI initiated coverage of the stock with an outperform rating, saying Wolfspeed “is one of the greatest ways to invest in the Electric Vehicle transition underway today.”</p><p>Oracle— The stock gained 1.6% in premarket trading after Oracle reported revenue that was in line with expectations.Revenue jumped 18% in its most recent quarterfrom the year-ago period, boosted by a recent acquisition in software maker Cerner.</p><p>Twilio— The stock added 1.1% after KeyBanc Capital Markets resumed coverage on the stock with an overweight rating, saying communications software company is “well positioned” to use its engagement strategy to raise gross margins.</p><p>Twitter— The social media stock nearly 1% as a Twitter whistleblower, previously an executive, is set to testify on his claims of security lapses at the company before a U.S. Senate committee on Tuesday. Twitter shareholders are also expected to vote on Elon Musk’s deal to buy the company.</p><p>Adobe— Shares fell 0.4% after BMO Capital Markets downgraded Adobe to market perform from outperform, saying there are concerns on the long-term durability of Adobe’s Creative Cloud.</p><h2><b>Market News</b></h2><p><b>Google Faces $25.4 Bln Damages Claims in UK, Dutch Courts over Adtech Practices</b></p><p>Alphabet unit Google faces damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits filed in British and Dutch courts on Tuesday by a law firm on behalf of publishers.</p><p>Google&#39;s adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers.</p><p><b>Peloton Founders Leaving Fitness Company in Latest Shake-Up</b></p><p>Peloton Interactive Inc. Executive Chairman and co-founder John Foley is stepping down from the fitness company as part of a leadership shake-up, extending the turbulence at a business trying to pull out of a deep slump.</p><p>Foley, who helped start Peloton in 2012 and served as chief executive officer for 10 years, is resigning effective Monday, the company said in a statement. Foley took the executive chairman role in February when he handed the reins to CEO Barry McCarthy, a veteran of Spotify Technology SA and Netflix Inc.</p><p><b>AppLovin Walks Away from Unity Software Takeover Bid</b></p><p>AppLovin Corp. has scrapped plans to acquire <a href=\"https://laohu8.com/S/U\">Unity Software Inc.</a> after the company opposed its $17.5 billion offer.</p><p>The mobile technology company said Monday that it wouldn&#39;t submit another proposal to combine with Unity Software, in a deal that would have combined two large providers of tools for mobile developers.</p><p><b>DOJ Short-Selling Probe Eyes Bets on Amazon, Microsoft and JPMorgan</b></p><p>Federal investigators searching for collusion among short sellers have posed a surprising question in recent months: Tell us about your trading in companies like Amazon.com Inc., Microsoft Corp. and JPMorgan Chase &amp; Co.</p><p>US prosecutors have sent subpoenas that ask about transactions in a variety of blue-chip stocks to some of the same short sellers who previously responded to inquiries about a long list of lesser-known companies, according to people familiar with the matter. 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Sales of the action shooting game Splatoon 3 topped 3.45 million units in Japan.</p><p>Wolfspeed— The semiconductor stock advanced 1.6% in the premarket after Evercore ISI initiated coverage of the stock with an outperform rating, saying Wolfspeed “is one of the greatest ways to invest in the Electric Vehicle transition underway today.”</p><p>Oracle— The stock gained 1.6% in premarket trading after Oracle reported revenue that was in line with expectations.Revenue jumped 18% in its most recent quarterfrom the year-ago period, boosted by a recent acquisition in software maker Cerner.</p><p>Twilio— The stock added 1.1% after KeyBanc Capital Markets resumed coverage on the stock with an overweight rating, saying communications software company is “well positioned” to use its engagement strategy to raise gross margins.</p><p>Twitter— The social media stock nearly 1% as a Twitter whistleblower, previously an executive, is set to testify on his claims of security lapses at the company before a U.S. Senate committee on Tuesday. Twitter shareholders are also expected to vote on Elon Musk’s deal to buy the company.</p><p>Adobe— Shares fell 0.4% after BMO Capital Markets downgraded Adobe to market perform from outperform, saying there are concerns on the long-term durability of Adobe’s Creative Cloud.</p><h2><b>Market News</b></h2><p><b>Google Faces $25.4 Bln Damages Claims in UK, Dutch Courts over Adtech Practices</b></p><p>Alphabet unit Google faces damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits filed in British and Dutch courts on Tuesday by a law firm on behalf of publishers.</p><p>Google&#39;s adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers.</p><p><b>Peloton Founders Leaving Fitness Company in Latest Shake-Up</b></p><p>Peloton Interactive Inc. Executive Chairman and co-founder John Foley is stepping down from the fitness company as part of a leadership shake-up, extending the turbulence at a business trying to pull out of a deep slump.</p><p>Foley, who helped start Peloton in 2012 and served as chief executive officer for 10 years, is resigning effective Monday, the company said in a statement. Foley took the executive chairman role in February when he handed the reins to CEO Barry McCarthy, a veteran of Spotify Technology SA and Netflix Inc.</p><p><b>AppLovin Walks Away from Unity Software Takeover Bid</b></p><p>AppLovin Corp. has scrapped plans to acquire <a href=\"https://laohu8.com/S/U\">Unity Software Inc.</a> after the company opposed its $17.5 billion offer.</p><p>The mobile technology company said Monday that it wouldn&#39;t submit another proposal to combine with Unity Software, in a deal that would have combined two large providers of tools for mobile developers.</p><p><b>DOJ Short-Selling Probe Eyes Bets on Amazon, Microsoft and JPMorgan</b></p><p>Federal investigators searching for collusion among short sellers have posed a surprising question in recent months: Tell us about your trading in companies like Amazon.com Inc., Microsoft Corp. and JPMorgan Chase &amp; Co.</p><p>US prosecutors have sent subpoenas that ask about transactions in a variety of blue-chip stocks to some of the same short sellers who previously responded to inquiries about a long list of lesser-known companies, according to people familiar with the matter. Those prior demands were part of a look at how bearish investors gather and publish research about companies with the aim of profiting when stocks drop.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181413483","content_text":"U.S. stock index futures edged higher on Tuesday as investors awaited key inflation data that could provide cues for how fast and how long the Federal Reserve will hike interest rates in its battle to combat surging prices.Market SnapshotAt 07:57 a.m. ET, Dow e-minis were up 212 points, or 0.65%, S&P 500 e-minis were up 29.5 points, or 0.71%, and Nasdaq 100 e-minis were up 94.5 points, or 0.74%.Pre-Market MoversRent the Runway— Shares dropped 22% after the fashion rental company said it’slaying off 24% its corporate workforce. Additionally, Rent the Runway said it’s cutting $25 million to $27 million in fixed costs to deal with an uncertain macro backdrop.Oatly— The stock declined 1.8% after Credit Suisse downgraded Oatly to neutral from outperform, saying rising inflation in Europe and Asia will hurt the Swedish dairy-alternative food company’s ability to compete.Dow— Dow dipped 0.9% after Jefferies downgraded the chemicals company to hold from buy, citing excess supply and demand risks.Nintendo— The gaming stock jumped 5% after Nintendo said its new title beat a domestic sales record. Sales of the action shooting game Splatoon 3 topped 3.45 million units in Japan.Wolfspeed— The semiconductor stock advanced 1.6% in the premarket after Evercore ISI initiated coverage of the stock with an outperform rating, saying Wolfspeed “is one of the greatest ways to invest in the Electric Vehicle transition underway today.”Oracle— The stock gained 1.6% in premarket trading after Oracle reported revenue that was in line with expectations.Revenue jumped 18% in its most recent quarterfrom the year-ago period, boosted by a recent acquisition in software maker Cerner.Twilio— The stock added 1.1% after KeyBanc Capital Markets resumed coverage on the stock with an overweight rating, saying communications software company is “well positioned” to use its engagement strategy to raise gross margins.Twitter— The social media stock nearly 1% as a Twitter whistleblower, previously an executive, is set to testify on his claims of security lapses at the company before a U.S. Senate committee on Tuesday. Twitter shareholders are also expected to vote on Elon Musk’s deal to buy the company.Adobe— Shares fell 0.4% after BMO Capital Markets downgraded Adobe to market perform from outperform, saying there are concerns on the long-term durability of Adobe’s Creative Cloud.Market NewsGoogle Faces $25.4 Bln Damages Claims in UK, Dutch Courts over Adtech PracticesAlphabet unit Google faces damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits filed in British and Dutch courts on Tuesday by a law firm on behalf of publishers.Google's adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers.Peloton Founders Leaving Fitness Company in Latest Shake-UpPeloton Interactive Inc. Executive Chairman and co-founder John Foley is stepping down from the fitness company as part of a leadership shake-up, extending the turbulence at a business trying to pull out of a deep slump.Foley, who helped start Peloton in 2012 and served as chief executive officer for 10 years, is resigning effective Monday, the company said in a statement. Foley took the executive chairman role in February when he handed the reins to CEO Barry McCarthy, a veteran of Spotify Technology SA and Netflix Inc.AppLovin Walks Away from Unity Software Takeover BidAppLovin Corp. has scrapped plans to acquire Unity Software Inc. after the company opposed its $17.5 billion offer.The mobile technology company said Monday that it wouldn't submit another proposal to combine with Unity Software, in a deal that would have combined two large providers of tools for mobile developers.DOJ Short-Selling Probe Eyes Bets on Amazon, Microsoft and JPMorganFederal investigators searching for collusion among short sellers have posed a surprising question in recent months: Tell us about your trading in companies like Amazon.com Inc., Microsoft Corp. and JPMorgan Chase & Co.US prosecutors have sent subpoenas that ask about transactions in a variety of blue-chip stocks to some of the same short sellers who previously responded to inquiries about a long list of lesser-known companies, according to people familiar with the matter. 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