Investing News Morning Roundup – December 7, 2021

2021.12.07 09:19 2112trader Investing News Morning Roundup – December 7, 2021

Investing News Morning Roundup – December 7, 2021
Sentiment is improving as indications continue to be that the new variant, omicron, is not as virulent as originally feared. White House Chief Medical Advisor Dr. Anthony Fauci said Sunday that the initial data on the variant is “encouraging,” adding that there didn’t appear to be a “great deal of severity” to omicron. Most cases of the new variant are producing only mild sickness and hospitals, thus far, are not filling up. By no means is the final decision on omicron in, but all indications are positive. Markets are reflecting that. Monday’s gains erased all the losses of last week.
The good news is driving the biggest beneficiaries higher, with casino stocks, cruise companies, airlines, energy companies and hotels benefitting today. Oil also continues to tick higher on the more positive outlook. Brent crude is over 2% higher this morning trading just shy of $75.
Investors are also preparing for the Fed to announce a doubling of its tapering, aiming to end bond buying early next year instead of mid-year. Fed Chair Jerome Powell indicated as much in his testimony last week. St. Louis Fed President James Bullard said Friday that he would like to see the bond purchases end in the first quarter and looks like his wish will be granted. This Friday will be the next inflation print and consumer inflation is expected to print close to 7%-yes, 7%- a level not seen since 1982. So, as a close to 7% inflation print hits the tape, the Fed will still be buying bonds, though on its way to ending it. An odd dynamic, indeed.
Intei Plans to List Shares of Self-Driving Car Unit Mobileye
Intel (INTC) will list the shares of its self-driving car unit Mobileye as CEO Pat Gelsinger looks to unlock value and revive the chip maker. Intel could seek a valuation of as much as $50 billion though a deal is not guaranteed. Mobileye is an Israeli company that specializes in chip-based camera systems that are the brains behind automated driving features in cars. Intel bought the company in 2017 for $15 billion. Mobileye has seen its revenue more than triple while Intel has owned it, to $326 million in the most recent quarter. The red-hot IPO market coupled with the demand for cars betting on the future of transportation make a potential listing very attractive for Intel. Intel is over 8% higher pre-market.
Jack in the Box Acquiring Del Taco to Create West Coast Taco Powerhouse
Jack in the Box (JACK) is acquiring Del Taco (TACO) in a $575 million deal, including debt. Del Taco shareholders are expected to receive $12.51 in cash for each share owned, a 166% premium to the closing price on Friday. The two west coast players have 2,800 locations between them, and Jack in the Box will expand its reach to Alabama, Florida, Georgia and Michigan. Jack in the Box had revenue of $1.14 billion in fiscal 2021 while Del Taco posted revenue of $521 million in the same period. “Together, Jack in the Box and Del Taco will benefit from a stronger financial model, gaining greater scale to invest in digital and technology capabilities, and unit growth for both brands,” Jack in the Box Chief Executive Darin Harris said.
Tesla CEO Elon Musk is Against Government Spending on Electric Cars
Tesla (TSLA) CEO Elon Musk said in an interview that he is against the bill from President Biden meant to spur adoption of electric vehicles. “Honestly, I would just can this whole bill,” Mr. Musk said in an interview with the Wall Street Journal. When talking about support for EV charging stations, presented a question. “Do we need support for gas stations? We don’t,” he said. “Delete it.” Mr. Musk’s position may have something to do with the fact that the highest subsidies for buying a new EV, $12,500, go to those made in unionized factories. Tesla is not unionized, and its cars would qualify for a lower subsidy. Mr. Musk is famously critical of the U.S. government though he has warm words for China. “There are a lot of people in the government in China who kind of grew up…with China being a small economy and maybe who feel like China was pushed around a lot. They haven’t fully appreciated the fact that China really is going to be the big kid on the block,” he said.
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2021.12.07 09:19 undue-influence Thank you Joe Biden....

Thank you Joe Biden.... submitted by undue-influence to conservativecartoons [link] [comments]


2021.12.07 09:19 Morrydwen Is the Surface slim pen 2 working on this beauty ?

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2021.12.07 09:19 sub2rekto5 deja vu

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2021.12.07 09:19 levelupman Adding another 50 for the pool!

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2021.12.07 09:19 svanapps r/binance - binance address verification failed

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2021.12.07 09:19 TherapeuticDiversity Looks like a GL to me, any thoughts on my pair?

Looks like a GL to me, any thoughts on my pair? submitted by TherapeuticDiversity to CoutureReps [link] [comments]


2021.12.07 09:19 Embarrassed-Debt-458 What's happened so far

I haven't been following the recent redraws so I had a couple questions.
Does Fuhrer ugly kill sweet mask by ripping him in half What happens in the phoenix man vs Child emperor battle . Are there are any other major changes in the redraws ?
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2021.12.07 09:19 mxria999 druddigon raid - 4323 9314 4897 pls be online

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2021.12.07 09:19 Ok_Particular_450 SantaBonk - 7% busd rewards | Chart is mooning | Great planned marketing strategy

SantaBonk!
Ho! Ho! Ho! Merry Christmas! SantaBonk is the latest BONK token on the Binance Smart Chain. It has a strong community who like to BONK and know how to slurp. Buy SantaBonk and hold to earn BUSD rewards every hour!
Tokenomics:
Supply 1,000,000,000
LP burnt
10% Tax

Every buy or sell transaction is taxed with a 10% fee., 7% of them are converted to BUSD and reward to holders, 2% is used for marketing. This is very important to increase or holders and new big investors. 1% we are going to use for increase the liquidity and stabilize the price.
With SantaBonk you are going to have huge BUSD rewards, so you is double benefit for you. Just holding if our token makes a x100 you win more!.
Side trivia - the contract ends in "beef". This was purely random and has nothing to do with the contract itself, but that's got to be a good omen!
Contract: 0x3fe191cb269f9beffb241b7e8413761363adaa04
👥 LINKS:
Buy Now: https://pancakeswap.finance/swap?outputCurrency=0x3fe191cb269f9beffb241b7e8413761363adaa04
LP Locked: https://deeplock.io/lock/0xD55155c77e2ca3677fa5Cf1338b3dc3E18B81010
Renounced Ownership: https://bscscan.com/token/0x3fe191cb269f9beffb241b7e8413761363adaa04#readContract
With the current hype of BONK tokens, we will aim to provide people the most secure place for them to invest. So here we have gone back to basics, and what we mean by that is - honesty, guaranteeing that you can secure the maximum amount of profit!
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2021.12.07 09:19 kbabyb21 What’s the most toxic thing you have done?

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2021.12.07 09:19 heinaga1989 What is the best strategy of asset management when you hold bitcoin over 1 years?

I'm a bitcoin beginner and I want to have bitcoin. so I'll buy some bitcoin and hold it. but I'm wandering what bitcoin holder do when they hold bitcoin over few years. In reality, we deposit money to a bank, etc. In cryptocurrency ecosystem, there are yield farming, lending, liquidity provider, etc. what do you think what the best strategy of investment when you are long-term holder over 1 years.
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2021.12.07 09:19 CheFxL frog correct

frog correct submitted by CheFxL to interestingasfuck [link] [comments]


2021.12.07 09:19 TheBlueGhost21 My(25)gf (21) was over at my house awhile ago and I seen a name on her phone which pissed me off and I confronted her about it and she said he was acting like really weird with her but she never told me about it? Should I be worried that something is going on? They also live right beside eachother.

Not to mention she also completely ignored a topic of conversation when I brought up someone’s name who I was working with before and suspected them of talking behind my back and just steered the conversation towards something else and basically ignored what I said. Then a few days ago I seen this guys name I was working with up on her recents on Snapchat not long after the topic was brought up. Should I mention it to her that it bothers me and I think somethings going on ? But on the other hand what if it really is nothing and I’m just acting like a crazy person.
TLDR: should I confront my girlfriend about two names of guys I don’t like who appeared on her Snapchat ?
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2021.12.07 09:19 Crazyjay555 MFW they count on Ostruppen

MFW they count on Ostruppen submitted by Crazyjay555 to CompanyOfHeroes [link] [comments]


2021.12.07 09:19 Alpha_Bait Some muscle wouldn’t hurt

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2021.12.07 09:19 HEY_BRO_NICE_PECKER MY DAILY FARSIDE DUMP

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2021.12.07 09:19 CutePattern1098 Egg_irl

Egg_irl submitted by CutePattern1098 to egg_irl [link] [comments]


2021.12.07 09:19 Proper-Bee-5940 I honestly would like to know how they come up with the earnings.. $7 for double batch, 61 units and no tip... I've seen so many of these the last few days.. And they all sit there. It's not worth my time or gas.

I honestly would like to know how they come up with the earnings.. $7 for double batch, 61 units and no tip... I've seen so many of these the last few days.. And they all sit there. It's not worth my time or gas. submitted by Proper-Bee-5940 to InstacartShoppers [link] [comments]


2021.12.07 09:19 mircea5533 Autumn Waterfall Sound | Forest Sounds, Relaxatio, Sleepinginforest, Nature

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2021.12.07 09:19 FellaFinn Brian Shaw's $100 000 food budget 🤯

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2021.12.07 09:19 KOKICHIHEHE 👁️👄👁️ 🥺😓😥😢😭😭😭😭😭😭😭😭😭😭😭😭😭😭 yeah 👍😃

👁️👄👁️ 🥺😓😥😢😭😭😭😭😭😭😭😭😭😭😭😭😭😭 yeah 👍😃 submitted by KOKICHIHEHE to GachaClub [link] [comments]


2021.12.07 09:19 EasternSatisfaction7 When does the set release today?

I woke up ready to play a few games on mobile today but unfortunately I could not open my packs or buy more FiAV packs. When does the expansion drop?
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2021.12.07 09:19 Benjji22212 Action Française: History and Practice | The Burkean

Action Française: History and Practice | The Burkean submitted by Benjji22212 to monarchism [link] [comments]


2021.12.07 09:19 aprilhillwriting I Don't Love You [OC]

I Don't Love You [OC] submitted by aprilhillwriting to heartbreak [link] [comments]


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