$UBER

**@CryptoCobain:** Can any lawyers let me know if I will go to prison if I wear a disguise and raise 100m to build Decentralized Uber but I don't actually build it, instead I secretly film a documentary called "How I Raised 100m Lmao" and then I give the money back afterwards? https://twitter.com/CryptoCobain/status/1467881604156690433

**@nytimesbusiness:** An operator would have to corral “providers” (say, Uber or the local subway system) under one roof — a tricky task, to put it mildly. https://t.co/OmqlisTTSl https://twitter.com/nytimesbusiness/status/1467871974974238725

**@CryptoCobain:** Why do crypto VCs founded in Q4 2021 all want to build Airbnb and Uber on the blockchain ?Truly a "few understand this" moment except the only people that understand this just left their banking jobs to start a crypto VC in the last 6 weeks https://t.co/sCWGRjMQaz https://twitter.com/CryptoCobain/status/1467865252205412352

**@CryptoWendyO:** Took an Uber with LO for the first time tonight and she told the driver how to get to our location like she knew 😭😂She is 5yo the most independent confident person I have ever met https://twitter.com/CryptoWendyO/status/1467355691023097860

**@CNBC:** San Francisco start-up Ample is trying to make EV battery swapping a reality, starting with Uber drivers in the Bay Area. We got a first look: https://t.co/gImdKsriwZ https://t.co/JXLb84TG6e https://twitter.com/CNBC/status/1467275524024287236

**@CNBC:** Don't buy Uber just yet, traders say after UBS names it top pick in ride-hailing (via @TradingNation) https://t.co/tba3ejbN8A https://twitter.com/CNBC/status/1466858207100514304

**@Benzinga:** Did you know you can pay with $FLOKI #FLOKI on 1,700+ Stores? $AMZN $WMT $AAPL $NFLX $UBER $ABNBhttps://t.co/CYHotWb828 https://twitter.com/Benzinga/status/1466780422671634435

**@nytimesbusiness:** Didi Chuxing, a $39 billion company that is China’s answer to Uber, on Friday said that it would delist its shares from the New York Stock Exchange. Didi’s decision to leave brings home a stark truth for Wall Street: China doesn’t need it anymore. https://t.co/cILyRX2wI4 https://twitter.com/nytimesbusiness/status/1466732462005014528

By Julie Zhu and Kane Wu HONG KONG (Reuters) - Ride-hailing giant Didi Global said it will delist from the New York stock exchange just five months after its debut and pursue a listing in Hong Kong - having raised the ire of Chinese regulators for ignoring a request to put its U.S. IPO on hold. Didi pushed ahead with its $4.4 billion U.S. initial public offering despite being asked to suspend it while a review of the company's data practices was conducted. The powerful Cyberspace Administration of China (CAC) then quickly ordered app stores to remove 25 of Didi's mobile apps and told the company to stop registering new users, citing national security and the public interest. Didi remains under investigation. "Following careful research, the company will immediately start delisting on the New York stock exchange and start preparations for listing in Hong Kong," Didi said on its Twitter-like Weibo (NASDAQ:WB) account. The company said it would ensure that its New York-listed shares would be convertible into "freely tradable shares" on another internationally recognised stock exchange. It did not explain its reasons for the plan but said in a separate statement that it would organise a shareholder vote at an appropriate time. The upending of Didi's New York listing - likely to be a difficult and messy process - illustrates both the huge clout that Chinese regulators possess and their emboldened approach to wielding it. Billionaire Jack Ma also ran afoul of Chinese authorities, leading to the dramatic scuppering of a mega-IPO for Ant Group last year. The move will also likely further discourage Chinese firms from listing in the United States and could prompt some to reconsider their status as U.S. publicly traded companies. "Chinese ADRs face increasing regulatory challenges from both U.S. and Chinese authorities. For most companies, it will be like walking on eggshells trying to please both sides. Delisting will only make things simpler," said Wang Qi, CEO at fund manager at MegaTrust Investment (HK). Sources have told Reuters that Chinese regulators pressed Didi's top executives to devise a plan to delist https://www.reuters.com/world/china/china-asks-didi-delist-us-security-fears-bloomberg-news-2021-11-26 from the New York Stock Exchange due to concerns about data security. Didi is planning to proceed with a Hong Kong listing soon before embarking on a delisting from New York, sources with knowledge of the matter told Reuters. It aims to complete a dual primary listing in Hong Kong in the next three months, and under pressure from Beijing delist from New York by June 2022, said one of the sources. The sources were not authorised to talk to media and declined to be identified. Didi did not immediately respond to Reuters requests for comment. Listing in Hong Kong might, however, prove complicated. One key challenge is whether the bourse would willing to approve it given that only 20%-30% of the company’s core ride-hailing business in China is fully compliant with regulations requiring three permits, a source with knowledge of the matter said on Friday. The source, who was not authorised to talk to media and declined to be identified, added that this had been the main obstacle to the company conducting an IPO in Hong Kong earlier. Didi did not immediately respond to Reuters requests for comment. Sources have also told Reuters that Didi is preparing to relaunch its apps https://www.reuters.com/technology/exclusive-didi-prepares-relaunch-apps-china-anticipates-probe-will-end-soon-2021-11-11 in China by the end of the year in anticipation that Beijing's cybersecurity investigation into the company would be wrapped up by then. The CAC did not immediately respond to a request for comment on Didi's plans to delist from New York. Didi made its New York debut on June 30 at $14 per American Depositary Share, which gave the company a valuation of $67.5 billion on a non-diluted basis. Those shares have since slid 44% until Thursday's close, valuing it at $37.6 billion. Shares in Didi investor SoftBank Group Corp fell 2% after the Didi announcement, also hurt by Southeast Asian ridehailing giant Grab's slump in its Nasdaq debut. SoftBank's Vision Fund owns 21.5% of Didi, followed by Uber Technologies (NYSE:UBER) Inc with 12.8%, according to a filing in June by Didi.

lol..will do > @Marcosx said: I like the Uber Lyft action have a small pos there

UBER is a false breakdown and recoup is closes here

I like the Uber Lyft action have a small pos there

SWEEP DETECTED: >>1901 $UBER Dec21 23rd 40.0 Calls trade $1.37 (CboeTheo=1.36) ASKSIDE [MULTI] IV=58.6% +0.6 OPENING Vol=5443, OI=567

+Initiations 12/2: $ACCD $ALLY $AMZN $BBLN $BKNG $CELH $CLBT $DBTX $DENN $DH $DIN $DOCS $ENVX $FB $FTCH $GDRX $GOOGL $HGV $HQY $IMMP $LYFT $PGNY $PHR $PIPR $RCM $SNAP $UBER $VOR . -Initiations 12/2: $ETSY

Largest open interest increases among single stock options for 12/1 include $T, $AAPL, $TSLA, $UBER, and $AMC.

`Investors` **@nytimesbusiness:** A former Uber employee accused his co-workers of wiretapping their colleagues, hacking foreign governments and stealing trade secrets. It wasn’t true. But the allegations still follow them. https://t.co/aWTW8MBgYD https://twitter.com/nytimesbusiness/status/1465306067710189569

**@CryptoCobain:** Big 2017 energyI just heard about cryptocurrencies and I’m going to decentralise Uber and Airbnb! https://t.co/Sf0fcPsOfK https://twitter.com/CryptoCobain/status/1464903095192797188

`Investors` **@CNBC:** San Francisco start-up Ample is trying to make EV battery swapping a reality, starting with Uber drivers in the Bay Area. We got a first look: https://t.co/gImdKsriwZ https://t.co/vaL9iDDB5V https://twitter.com/CNBC/status/1464686212703301632

`Investors` **@CNBC:** San Francisco start-up Ample is trying to make EV battery swapping a reality, starting with Uber drivers in the Bay Area. We got a first look: https://t.co/gImdKs9H8p https://t.co/DC4aY5AC7N https://twitter.com/CNBC/status/1464408633538609158

Friday, November 26, 2021 Futures Up/Down % Last Dow -809.00 2.26% 34,940 S&P 500 -82.25 1.75% 4,617 Nasdaq -161.50 0.99% 16,204 Not exactly what U.S. investors were expecting on their return from the Thanksgiving Day holiday as U.S. equity futures are plunging, with the S&P looking lower by -1.6%, along with oil prices tumbling over 6% to $73.25 and bond yields crumbling over 13 bps to 1.51% as investors are worried that a new coronavirus variant identified in South Africa (called B.1.1.529) could spark fresh outbreaks. The EU, Britain, Singapore, and India among those announcing stricter border controls as scientists sought to determine if the mutation was vaccine-resistant. Reports indicate the variant has a spike protein that is dramatically different to the one in the original coronavirus that COVID-19 vaccines are based on, the UK Health Security Agency said raising fears that the current vaccines may be ineffective. Still, vaccine makers Pfizer (PFE), Moderna (MRNA), Novavax (NVAX) and Merck (MRK) are seeing shares soar early. In reverse, shares of travel, leisure, hotel stocks are seeing the biggest declines early. Asian stocks suffered their sharpest drop in two months on Friday after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar. A handful of local COVID-19 cases in eastern parts of China have prompted Shanghai city to limit tourism activities and a nearby city to cut public transportation services; Shanghai city detected three domestically transmitted COVID-19 cases with confirmed symptoms for Nov. 25. In Asian markets, The Nikkei Index slides -2.5% or 750 points to 28,750, the Shanghai Index slips -20 points to 3,564 and the Hang Seng Index tumbles -659 points (2.67%) to 24,080. In Europe, the German DAX is craters -2.8% or 450 points to 15,460, while the FTSE 100 tumbles -210 points (2.87%) to 7,100. The variant concerns weighing on retailers as well ahead of the busiest shopping day of the year “Black Friday”. Market Closing Prices Yesterday · The S&P 500 Index gained 10.76 points, or 0.23%, to 4,701.46 · The Dow Jones Industrial Average fell -9.42 points, or 0.03%, to 35,804.38 · The Nasdaq Composite climbed 70.09 points, or 0.44%, to 15,845.23 · The Russell 2000 Index advanced 3.59 points, or 0.15% to 2,331.46 Events Calendar for Today · U.S. Equity Markets with an early 1:00 PM ET close Macro Up/Down Last Nymex -5.26 73.12 Brent -4.84 77.37 Gold 28.50 1,815.30 EUR/USD 0.0088 1.1294 JPY/USD -1.50 113.86 10-Year Note -0.13 1.514% World News · Britain banned flights from South Africa and neighboring countries and asked British travelers returning from there to quarantine, while European Commission chief Ursula von der Leyen said the EU also aimed to halt air travel from the region. · Volatility traders are rushing to bet on turmoil in the U.S. stock market as fears over a new strain of the coronavirus look set to finally end weeks of tranquil trading. The Cboe Volatility Index, or VIX, jumped as much as 9 points on Friday morning, the biggest intraday move since February Sector News Breakdown Consumer · Chinese regulators have asked top executives of ride hailing giant Didi Global Inc (DIDI) to devise a plan to delist from U.S. bourses on data security fears, Bloomberg News reported. China’s tech watchdog wants the management to take the company off the NYSE on concerns about leakage of sensitive data, the report said · The Brussels Court of Appeals ordered two of Uber’s (UBER) units to pay EUR 150,000, for a total of $336,600, when it backed a complaint made by a Brussels taxi firm – Bloomberg Energy, Industrials and Materials · Oil prices slid on concerns that a global supply surplus could swell in Q1 following a U.S.-led coordinated release of crude reserves (SPR) among major consumers and as a new COVID-19 variant spook investor. Oil prices likely dropped in tandem with wider financial markets on concerns the new variant would hit demand by limiting movements again Financials · KKR & Co (KKR) and CVC Capital Partners are considering teaming up on a bid for Italy-based Telecom Italia SpA, Bloomberg News reported on Thursday, citing people with knowledge of the matter · China Evergrande Group Chairman Hui Ka Yan cut his stake in the company for the first time since it went public in 2009, the latest sign he’s liquidating personal assets to help stave off a default by the world’s most indebted developer. Hui sold 1.2 billion Evergrande shares for the equivalent of $344 million on Thursday, according to a filing – Bloomberg Healthcare · Selecta Biosciences (SELB) announced that the FDA has placed a clinical hold on its Phase 1/2 clinical trial of SEL-302, (which consists of MMA-101 plus ImmTOR, for the treatment of patients with methylmalonic acidemia, or MMA) · Vaccine makers Pfizer (PFE), Moderna (MRNA), Novavax (NVAX) and Merck (MRK) are seeing shares soar early on the new virus variant news. Technology, Media & Telecom · Pinduoduo Inc (PDD) posted quarterly revenue that missed market estimates on Friday, hurt by stiff competition from rivals Alibaba and JD.com Inc amid the pandemic-driven online shopping boom. Total revenue was 21.51 billion yuan ($3.37 billion) in the third quarter, below analysts’ average estimate of 26.59 billion yuan, according to IBES data from Refinitiv. · United Microelectronics Corporation (UMC) and Micron Technology (MU) announced a settlement agreement between the two companies worldwide

`Investors` **@CNBC:** Uber on brink of pausing operations in Brussels after court ruling https://t.co/9ACvq9B2j4 https://twitter.com/CNBC/status/1464189861867536406

My pot dealer has been driving an Uber the whole time

$UBER Uber to Allow Users to Order Cannabis in Ontario on its Uber Eats App

3000 $UBER 10DEC2021 $46 Cs trade 1.11

3000 $UBER 10DEC2021 $46 Cs trade 1.11

SWEEP DETECTED: >>3000 $UBER Dec21 10th 46.0 Calls trade $1.11 (CboeTheo=1.05) ASKSIDE [MULTI] IV=45.5% +2.6 ISO - OPENING Vol=3000, OI=572,

https://thefly.com/permalinks/entry.php/id3410982/MCD;UBER;DASH-McDonalds-announces-deals-with-DoorDash-Uber-Eats-Restaurant-Business-says

$UBER is worth looking at

repeat action in those Uber Feb2022 $50 Cs

DASH is taking away market share from UBER, which will continue to become more apparent over time, and its not even close, DASH will be over $400 by the end of next year

L $UBER 50c 11/19

UBER calls here look good to me

$UBER Dec $50 Calls active

UBER had nice flow today

Ooh UBER another pos name

7300 $UBER FEB2022 $47.5 Cs trade 3.2

7300 $UBER FEB2022 $47.5 Cs trade 3.2

SWEEP DETECTED: >>5754 $UBER Feb 2022 47.5 Calls trade $3.337 (CboeTheo=3.27) Above Ask! [MULTI] IV=47.0% +3.1 OPENING Vol=17k, OI=3368,

@dros What do you think about Rivian? Price talk seems insane. Wondering if it ends up like Uber? Amazon backing is a blessing but maybe not so good long term?

$PTON- Still short from Friday, looking for more of a fade to $50, then possible $40. Will keep a good portion for a furhter move to the downside. $BKKT- Possible dip for a momo intraday trade. Dips towards yesterday LOD. $QCOM- Liking pops towards 169 for a short, but if it dips, could be a good trend joining long play. $ROKU- Possible dips towards 272 for a long $NVDA- Same plan as Friday, pops towards 314 $FB liking dips towards 339, might not get there, so might try a small starter around g/r for a possible starter $EXPE dips to join trend 181, keep in mind 188 above resistance. $LCID- Liking dips towards 41-42 level to join trend $SAVA- spikes towards 95-100 for a possible entry $UBER- dips towards 46

Monday, November 8, 2021 Futures Up/Down % Last Dow 72.00 0.20% 36,287 S&P 500 4.25 0.09% 4,694 Nasdaq 9.00 0.06% 16,360 U.S. futures are looking to open at new record highs (again) after Washington passed a smaller form of its highway, broadband and other infrastructure improvement spending deal this weekend, as the $1 trillion infrastructure bill passed through Congress on Friday. A very important week of economic data coming up with monthly CPI, PPI inflation data mid-week. Crypto assets rising to records ahead of the inflation reports as Bitcoin up 8% nearing $66K, Ethereum record highs up over 6% above $4,700, Litecoin tops $200, up over 5.75% as crypto assets surging again. Tech futures underperform following weakness in Tesla (TSLA) after its CEO Elon Musk on Saturday asked his 62.5 million followers on Twitter in a poll if he should sell 10% of his Tesla stock. The world’s richest person had previously said he could face a “massive” tax bill this year as he has to exercise a large number of stock options coming due next year. In Asian markets, The Nikkei Index fell -100 points to 29,507, the Shanghai Index rose 0.2% to just under 3,500, and the Hang Seng Index declined 100 points to 24,763. In Europe, the German DAX is down about -0.1% at 16,035, while the FTSE 100 is flat holding just above 7,300. Last week the S&P 500, Nasdaq and Dow notched their fifth straight weekly advances (longest streak for the S&P since Aug 2020); for the week, the S&P 500 rose 2%, the Dow added 1.42%, the Nasdaq gained 3.05% and the Russell 200o over 6%. The Nasdaq 100 (QQQ) notched its 10th winning session in a row on Friday while the S&P 500 scored another record high on Friday and booked a week of solid gains following a strong U.S. jobs report and positive data for Pfizer’s experimental pill against COVID-19, which helped boost travel and other economic reopen sectors. The news kept the run going for equities after investors earlier in the week digested the Federal Reserve’s decision to start reducing its monthly bond purchases put in place to support the economy. Market Closing Prices Yesterday The S&P 500 Index gained 17.47 points, or 0.37%, to 4,697.53 The Dow Jones Industrial Average rose 203.72 points, or 0.56%, to 36,327.95 The Nasdaq Composite climbed 31.28 points, or 0.20%, to 15,971.59 The Russell 2000 Index advanced 34.65 points, or 1.44% to 2,437.08 Events Calendar for Today No major U.S. economic data Earnings Calendar: Earnings Before the Open: ATRO, AXSM, BKI, COTY, DS, EDIT, EHTH, GATO, GTES, HLIO, KOS, LINC, NERV, NSSC, RDNT, RDUS, RETA, THS, TTD, USFD, VAC, VUZI, WOW, ZIXI Earnings After the Close: ACAD, AEIS, AEL, AMBC, AMC, AMPH, AMRS, APEI, APPF, APTS, ASUR, ATER, AVEO, BAND, BRP, CARA, CBT, CHRS, CLRS, CLOV, CSSE, CSTL, CXW, DDD, DOOR, ENV, FIVN, FLDM, FRPT, FSK, FTK, GOSS, HIL, IEA, IFF, IIN, INST, IPAR, JKHY, KERN, LMND, LOTZ, MRC, MRTX, MWA, NCMI, NEWR, NNI, NVRO, NVTA, OCIUL, OUST, PRA, PRI, PRIM, PYPL, RBLX, REAL, SANM, SCOR, SDC, SNCR, SPCE, SWSP, SWAV, SWX, TCMD, TREX, TRIP, TWO, XNCR, ZIOP, ZNGA Other Key Events: Credit Suisse 30th Annual Healthcare Conference, 11/8-11/11 (virtual) JPMorgan Global Consumer, Retail & Luxury Conference, 11/8-11/21 (virtual) EEI Financial Conference, 11/7-11/9 (virtual) REITWorld 2021 Annual Conference, 11/9-11/12 (virtual) Macro Up/Down Last Nymex 1.22 82.49 Brent 1.09 83.83 Gold -0.50 1,818.50 EUR/USD -0.0002 1.1564 JPY/USD 0.05 113.46 10-Year Note +0.032 1.485% World News China’s export growth moderated slightly to 27.1% yoy in October, above the 22.8% consensus expectation, implying a sequential gain of 2.6% in October (a modest slowdown from +3.0% in September) despite electricity constraints in October. At the same time, imports rose 20.6% yoy in October, missing expectations of a 26.2% surge, but fell 3.2% sequentially in October (vs. -0.7% in September). As a result of the far bigger growth in exports over imports, the monthly trade surplus rose further to a record high of $84.5bn in October, supporting the appreciation of the Chinese yuan in October, even as China’s economy has slowed down sharply in recent months. China’s trade surplus with the United States was $40.75 billion in October based on customs data showed on Sunday, down from $42 billion in September. For the first ten months of the year, the surplus was $320.67 billion – Reuters Highway, broadband and other infrastructure improvement spending deal this weekend, as the $1 trillion infrastructure bill passed through Congress on Friday and among parts of the deal, allows for $7.5 billion spending for building out a network of electric vehicle chargers and another $7.5 billion for low or zero-emission buses and ferries. Sector News Breakdown Consumer Tesla Inc ($TSLA) CEO Elon Musk on Saturday asked his 62.5 million followers on Twitter in a poll if he should sell 10% of his Tesla stock. The world’s richest person had previously said he could face a “massive” tax bill this year as he has to exercise a large number of stock options coming due next year. “Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock,” Musk said on Twitter on Saturday. Rivian Automotive ($RIVN) raises IPO price range to $72.00-$74.00 from $57.00-$62.00. Separately, Barron’s noted Rivian Automotive (RIVN) is set to go public this coming week at a market value that could exceed that of Honda Motor (HMC) despite having sold just a handful of vehicles, with a market cap around $64 billion Haverty’s (HVT) announces special cash dividend, quarterly cash dividend, and additional authorization under stock repurchase program Peloton ($PTON) has halted hiring across all departments effective immediately, CNBC reported late Friday, a day after it slashed its full-year outlook amid slowing momentum for its fitness products Coty ($COTY) agrees to sell additional partial stake in Wella to KKR in exchange for about 56% of Preferred Coty shares owned by KKR Marriott Vacations ($VAC) Q3 adjusted EPS $1.60 vs. est. $1.42; Q3 revs $1.05B vs est. $1.07B; said occupancies at our resorts this quarter were very strong despite the Delta variant and contract sales were within 3% of 2019 levels, driving 25% sequential growth in Adjusted EBITDA Energy China’s crude oil imports plunged in October to the lowest since September 2018, as large state-owned refiners withheld purchases because of rising prices while independent refiners were restrained by limited quotas to import. The world’s biggest crude oil importer brought in 37.8 million tonnes last month, data from the General Administration of Customs showed on Sunday, equivalent to 8.9 million barrels per day (bpd). – Reuters FirstEnergy ($FE) agrees to sell a 19.9% stake in its three regulated transmission businesses to Brookfield Asset Management (BAM) for $2.4B Financials Berkshire Hathaway Inc ($BRK/A) said that global supply chain disruptions kept a lid on its ability to generate profit; Q3 operating profit rose 18% but missed analyst forecasts amid goods shortages that crimped consumer spending; net income, meanwhile, fell 66%, reflecting lower gains from stock holdings such as Apple Inc and Bank of America Corp. Alleghany ($Y) mentioned positively in Barron’s saying shares should not be overlooked noting under CEO Weston Hicks, Alleghany has used a similar strategy to create an attractive, smaller-scale version of Warren Buffett’s Berkshire Hathaway ($BRK.A) R. Berkley ($WRB) announced that its Board of Directors has declared a special cash dividend on its common stock of $1.00 per share to be paid on December 22 to stockholders of record at the close of business on December 7 Healthcare Cannabis stocks rose late Friday after Marijuana Moment reported a fresh Republican-led attempt to legalize marijuana. The States Reform Act led by Rep. Nancy Mace (R-SC) is still in the preliminary stage, and a final version is expected to be filed later this month. As U.S. health authorities expand use of the leading Covid-19 vaccines, researchers investigating heart-related risks linked to the shots are exploring several emerging theories, including one centered on the spike protein made in response to vaccination. Researchers aren’t certain why the messenger RNA vaccines, one from Pfizer Inc. ($PFE) and partner BioNTech SE ($BNTX) and the other from Moderna Inc., are likely causing the inflammatory heart conditions myocarditis and pericarditis in a small number of cases. – WSJ https://on.wsj.com/3mQqCVY Alcon ($ALC) has acquired Ivantis, developer and manufacturer of the novel Hydrus Microstent, a minimally-invasive glaucoma surgery (MIGS) device designed to lower intraocular pressure for open-angle glaucoma patients in connection with cataract surgery for $475M in upfront consideration Genetron Holdings ($GTH) has formed a strategic partnership with oncology laboratory solution provider NeoGenomics (NEO) to drive global oncology drug research and development. Industrials & Materials Boeing ($BA) directors agreed to a $237.5 million settlement of claims that they turned a blind eye to safety issues related to 737 Max jetliners whose crashes have cost the company more than $20 billion, according to court documents Blade Air Mobility ($BLDE) is bringing ride-sharing to helicopters-just don’t call it the Uber ($UBER) of the sky. The stock can take off without that comparison, Barron’s reported. Blade Air Mobility is a less risky way to invest in the eVTOL future, though certainly not risk-free BHP is close to a deal to sell its controlling interest in two Australian coal mines to Stanmore Resources Ltd. ($STMRF) for ~$1.25B, the Wall Street Journal reports. Technology, Media & Telecom New Oriental Education & Technology ($EDU), Gaotu Techedu ($GOTU), and Tal Education ($TAL) shares all rising over 20% after the WSJ reported that China plans to issue more than a dozen licenses that would allow companies to offer after-school tutoring. The report said Gaotu Techedu (GOTU) and Yuanfudao, a unit of Tencent ($TCEHY), have held talks about resuming tutoring to students in the ninth grade and below https://on.mktw.net/3EVcxg5 Trinseo ($TSE) has begun work to explore the divestiture of its Styrenics businesses and plans to launch a formal sales process in Q1 of 2022. The scope of this potential divestiture is expected to include the Feedstocks and Polystyrene reporting segments as well as the company’s 50% ownership of Americas Styrenics AU Optronics ($AUOTY) reports October revenue of NT$30.38B (+18.1% Y/Y, -9.9% M/M); the total panel area shipment reached around 2.08 million square meters in October 2021, down by 4.3% month-over-month. ChipMOS ($IMOS) reports October revenue of $82.3M (-2.3% M/M; +10.7% Y/Y).

UK Market Closed higher on Friday, supported by gains in banking and energy sector stocks. Morgan Advanced Materials jumped 8.3%, after the company forecasted its annual organic constant currency to be ahead of its previous guidance target. International Consolidated Airlines Group climbed 6.1%, after the company announced that its third quarter losses narrowed as more people resumed travelling due to ease in Covid restrictions. Beazley advanced 5.4%, after the insurer reported better than expected gross written premiums in the second half of the year amid rising rates and premium growth. Standard Chartered rose 2.5%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Neutral’. Flutter Entertainment edged up 0.2%, following a rating upgrade on the stock to ‘Buy’ from ‘Hold’. The FTSE 100 gained 0.3%, to close at 7,304.0, while the FTSE 250 rose 0.5%, to end at 23,596.8. . Europe Market Also finished higher on Friday, amid optimism over earnings results. Allegro climbed 10.7%, after the company agreed to acquire Czech online retailer Mall Group for a consideration of €881.0 million. Krones advanced 2.4%, after the company reported strong results in the third quarter. Rheinmetall rose 2.3%, after the technology group reported an increase in its sales for the nine-month period ended September. CaixaBank edged up 1.6%, after the lender sold its 9.92% stake in Austrian bank, Erste Group for €1.50 billion. On the other hand, Dino Polska fell 1.7%, after grocery chain reported lower profits in the third quarter. Lanxess shed 0.8%, after the chemicals company issued a downbeat profit forecast for 2021. The FTSEurofirst 300 index marginally gained to close at 1,870.3. Among other European markets, the German DAX Xetra 30 rose 0.2%, to close at 16,054.4, while the French CAC-40 advanced 0.8%, to settle at 7,040.8. . US Market Again markets closed higher on Friday, following stronger than expected US jobs report. Canada Goose Holdings surged 19.4%, after the company lifted its annual outlook and reported higher than expected revenue in the third quarter. Expedia Group jumped 15.6%, after the company reported better than expected revenue and earnings in the third quarter. Live Nation Entertainment climbed 15.1%, after the event promoter swung to a profit in the third quarter, following an increase in sales. Airbnb advanced 13.0%, after the company reported robust results in the third quarter revenue. Uber Technologies rose 4.2%, after the company reported its first quarterly operating profit. On the flipside, DraftKings fell 2.4%, after the company reported wider than expected loss in its third quarter. The S&P 500 gained 0.4%, to settle at 4,697.5. The DJIA rose 0.6%, to settle at 36,328.0, while the NASDAQ advanced 0.2%, to close at 15,971.6. . Asia Market After last week’s highs this morning trading was lower morning. In Japan, Kobe Steel and Kubota have dropped 4.0% and 7.7%, respectively. Meanwhile, ANA Holdings and IHI have advanced 3.5% and 5.2%, respectively. In Hong Kong, Meituan and BYD have fallen 1.8% and 2.1%, respectively. Meanwhile, PetroChina and China Life Insurance have risen 1.7% and 3.0%, respectively. In South Korea, Century and KEC have declined 14.0% and 20.2%, respectively. Meanwhile, NK Mulsan and Central Insight have climbed 11.4% and 18.3%, respectively. The Nikkei 225 index is trading 0.2% lower at 29,538.6. The Hang Seng index is trading 0.6% down at 24,728.6, while the Kospi index is trading 0.8% lower at 2,946.4.

UBER needs to prove itself isssues at 49

Liking $UBER long at these levels.

$UBER above $46 looking sexy long.

Friday, November 5, 2021 Futures Up/Down % Last Dow 12.00 0.03% 36,021 S&P 500 10.25 0.23% 4,684 Nasdaq 82.50 0.51% 16,413 Stock futures are looking higher, with the tech heavy Nasdaq futures leading up +0.5%, trying to make it a 10th straight day of advances for the Composite ahead of key economic data. The monthly nonfarm payroll report for October is coming up later this morning, with an estimate for 450K jobs added, 400K added for private payrolls, 27K added for manufacturing and an unemployment rate to drop to 4.7% from 4.8% prior. Regardless of the data outcome, the Fed earlier this week announced it will start tapering its monthly $120B bond purchases by $15B in November and another $15B in December, also saying comparable decreases in pace are likely each month but they are willing to adapt if necessary. Stocks are looking to build on the momentous surge it has seen over the last two weeks, as the S&P 500 is on pace for its third straight year of 15%+ price gains, that would be just the second time that’s happened since 1928, according to Bespoke Investment. The S&P 500 and Nasdaq both closed at record high levels on Thursday, powered by double-digit percentage gains chipmakers Qualcomm and Nvidia. Qualcomm surged nearly 13% after the company provided a stronger than expected outlook, fueled by soaring demand for chips used in phones, cars and other internet-connected devices. Note the S&P 500 and Nasdaq’s have now set record high closes for six straight sessions. On the downside, the financials index sank Thursday as Treasury yields extended their tumble. With Thursday’s gains, the S&P 500 is up almost 25% in 2021 and the Nasdaq has gained nearly 24%. The Philadelphia chip index (SOX) jumped 3.5% for the session and it is now up 33% year to date. In Asian markets, The Nikkei Index fell -0.6% to 29,611, the Shanghai Index dropped -1% to 3,491 and the Hang Seng Index declined -1.4% or over 3250 points to 24,879. In Europe, the German DAX is up slightly at 16,040, while the FTSE 100 gains roughly 0.5% to trade above the 7,300 level in another good week for European markets. Oil prices are bouncing after yesterday’s drop, Bitcoin stays above $61K and Treasury yields remain depressed. Market Closing Prices Yesterday The S&P 500 Index climbed 19.49 points, or 0.42%, to 4,680.06 The Dow Jones Industrial Average fell -33.35 points, or 0.09%, to 36,124.23 The Nasdaq Composite spiked 128.72 points, or 0.81%, to 15,940.31 The Russell 2000 Index slipped -1.85 points, or 0.08% to 2,402.43 Events Calendar for Today 8:30 AM ET Nonfarm Payrolls for October…est. 450K 8:30 AM ET Private Payrolls for October…est. 400K 8:30 AM ET Manufacturing Payrolls for October…est. 27K 8:30 AM ET Unemployment Rate for October…est. 4.7% 8:30 AM ET Average Hourly Earnings for October…est. 0.4% 1:00 PM EST Baker Hughes Weekly rig count data 3:00 AM ET Consumer Credit for September Earnings Calendar: Earnings Before the Open: AMR, AXL, CLMT, CNK, D, DKNG, DOC, ECOL, EOG, ESNT, FET, FLR, GCI, GRPN, GT, HE, JCI, KIM, MMI, MOG/A, NOG, RGA, SRE, SSP, TEN, TILE, TUSK, VTR, VST Macro Up/Down Last Nymex 0.85 79.66 Brent 0.51 81.05 Gold 1.50 1,793.50 EUR/USD -0.0021 1.1531 JPY/USD 0.08 113.86 10-Year Note +0.008 1.532% Sector News Breakdown Consumer B&G Foods (BGS) Q3 adj EPS $0.55, in-line with ests; Q3 revs $515M vs. est. $489.64M; reaffirms FY21 revenue view $2.05B-$2.1B and sees FY21 adjusted EBITDA $358M-$365M Floor & Decor (FND) Q3 EPS $0.69 vs. est. $0.57; Q3 revs rose 28% to $876.6M vs. est. $856.74M; said Q3 comp sales rose 10.9% Yoy Funko (FNKO) Q3 adj EPS $0.39 vs est. $0.27 on sales $267.7M vs est. $240.7M; DTC sales +88% YoY, now account for 11% of net sales; sees FY21 adj EPS $1.20-$1.31 vs est. $1.15 on sales $950M-$975M vs est. $922.1M GoPro (GPRO) Q3 adj EPS $0.34 vs est. $0.20 on revenue $316.7M vs est. $292.2M, adj EBITDA $60.4M vs est. $39.8M; subscriber count 1.34M, +168% YoY; avg selling price $381, +25% YoY Monster Beverage (MNST) 3Q EPS $0.63 vs est. $0.67 on sales $1.41B vs est. $1.4B Peloton (PTON) shares plunge 30%; 1Q EPS ($1.25) vs est. ($1.07) on revs $805.2Mm vs est. $810.7Mm, 1Q connected fitness subs +87% to 2.49Mm and paid digital subs +74% to 887K; guides 2Q revs about $1.1-1.2B vs est. $1.5B, sees FY revs $4.4-4.8B vs est. $5.4B Shake Shack (SHAK) Q3 adj EPS (5c) vs est. (6c) on revenue $193.9M vs est. $197.5M, same-store sales +24.8%; sees Q4 revenue $193.5M-$200M vs est. $202.1M; Uber Technologies (UBER) Q4 EPS loss (-$1.28) vs. est. loss (-$0.33); qtrly revenue grew 72% yoy to$4.8 billion, or 69% on a constant currency basis; qtrly gross bookings reached an all-time high of $23.1 bln, up 57% YoY; airport gross bookings mix in U.S. has reverted back to pre-covid levels while approaching 12% to 13% of global mobility gross bookings; for the first time in 2021, demand recovery is in balance with supply recovery; beginning to rapidly build non-restaurant food delivery offerings in 2021 WW Inc. (WW) Q3 EPS $0.65 vs. est. $0.73; Q3 revs $293.5M vs. est. $314.12M; ends Q3 with subscribers of 4.5M; sees FY21 GAAP EPS 80c-90c below consensus $1.65; sees FY21 revs modestly above $1.2B vs. est. $1.29B The Real Good Food Company (RGF)333M share IPO priced at $12.00 Energy Delek (DK) Q3 adj EPS $0.13 vs. est. loss (-$0.35); Q3 revs $2.96B vs. est. $2.55B; refining contribution margin increased to $91.4 mln in q3 2021 from negative $17.8M in Q3; midstream remains resilient with dkl on-track to deliver a 5% distribution increase on a full-year basis EOG Resources (EOG) Q3 adj EPS $2.16 vs. est. $2.04; Q3 revs $4.77B vs. est. $4.53B; qtrly total company crude oil production of 449,500 boed; increased regular dividend 82% to an indicated annual rate of $3.00 per share; Generated $1.4 billion of free cash flow; capital expenditures near low end of guidance range driven by sustainable cost reductions First Solar (FSLR) 3Q EPS $0.42 vs est. $0.59 on revs $584Mm vs est. $685Mm; guides FY net sales $2.875-3.1B vs est. $2.9B, sees FY EPS $4.00-4.60 vs est. $4.15 Occidental Petroleum (OXY) Q3 EPS $0.87 vs. est. $0.66; Q3 revs $6.81B vs. est. $6.55B; total average production from continuing operations of 1,160 thousand of barrels of oil equivalent per day for q3; in qtr, average worldwide realized crude oil prices increased by about 7% from prior qtr to $68.74 per barrel SunRun (RUN) Q3 EPS $0.11 vs. est. $0.01; Q3 revs $438.8M vs. est. $414.3M; Customer Additions of 30,698 in Q3, Bringing Total Customers to 630,441, 20% year-over-year growth in Customers pro-forma for Vivint Solar; Net Subscriber Value of $7,605 in Q3, an increase of $2,031 from Q2; Annual Recurring Revenue of $787 Million with Average Contract Life Remaining of 17.3 years Financials AIG Inc. (AIG) Q3 adj eps $0.97 vs. est. $0.89; qtrly total general insurance net premiums written increased 11% to $6.6 billion from prior year quarter; qtrly total general insurance underwriting income was $20 mln compared to an underwriting loss of $423 million in prior year quarter; qtrly general insurance APTI increased by $395 million to $811 million from prior year quarter CubeSmart (CUBE) 3Q adj FFO/shr $0.56 vs est. $0.53, qtrly same-store occupancy averaged 95.6% and ended qtr at 94.8%; guides Fy adj FFO/shr $2.09-2.10 vs est. $2.04 Redfin (RDFN) 3Q EPS ($0.20) vs est. ($0.19) on revs $540Mm vs est. $534.9Mm; guides 4Q revs $585-606Mm vs est. $503.4Mm Green Dot (GDOT) Q3 adj EPS $0.43 vs est. $0.37 on revenue $339.5M vs est. $304.8B; now sees FY adj EPS $2.19-$2.27 from $2.13-$2.27, revenue $1.37B-$1.38B from $1.33B-$1.35B Rocket Co’s (RKT) Q3 adj EPS $0.57 vs est. $0.48 on revenue $3.12B vs est. $2.93B; closed loan volume $88B, gain on sale margin of 3.05%, both of which exceed guidance; sees Q4 closed loan volume $75B-$80B, net rate lock volume $71B-$78B Square Inc. (SQ) Q3 adj EPS $0.37 vs. est. $0.39; Q3 revs $3.84B below est. $4.52B; excluding bitcoin, total net revenue in the third quarter was $2.03 billion, up 45% YoY; bitcoin rev was $1.81 bln in q3, up 11%; bitcoin gross profit was only $42 mln, or about 2% of bitcoin revenue; transaction-based revenue was $1.30 billion in Q3, up 40% YoY; processed $45.4 billion in GPV in Q3 of 2021, up 43% YoY; cash app delivered strong growth, generating $2.39 billion of revenue Monmouth Real Estate (MNR) to be acquired by ILPT for $21.00 per share, or $4B Healthcare Endo Pharma (ENDP) 3Q adj EPS $0.80 vs est. $0.48 on revs $772Mm vs est. $669.7Mm; guides FY revs $2.9-2.94B vs est. $2.79B, sees FY adj EPS $2.80-2.85 vs est. $2.33 Illumina (ILMN) Q3 adj EPS $1.45 vs. est. $1.14; Q3 revs $1.108B vs. est. $1.05B; raises FY rev guidance as expects both consolidated and core Illumina rev growth of about 36% for fy21 Insulet (PODD) 3Q EPS $0.18 vs est. $0.24 on revs $275.6Mm; guides FY revs to +18-20% vs est. +19.9% iRhythm Technologies, Inc. (IRTC) 3Q EPS ($0.81) vs est. ($1.10) on revs $85.4Mm; guides FY revs $317-319Mm vs est. $323.5Mm Mettler-Toledo (MTD) Q3 adj EPS $8.72 vs. est. $8.24; Q3 revs $952M vs. est. $924.31M; anticipates local currency sales growth for q4 of 2021 will be about 8% and EPS growth of 8% to 9%; anticipates local currency sales growth in 2022 will be about 6% Novavax (NVAX) Q3 EPS ($4.31) vs. est. loss ($3.91); Q3 revs $178.8M vs. est. $334.62M; said as of September 30, 2021, Novavax had $1.9B in cash, cash equivalents and restricted cash, compared to $0.8B as of December 31, 2020; announced the completion of its rolling submission to the WHO for emergency use listing of NVX-CoV2373, its COVID-19 vaccine candidate. The FDA has declined to approve an EUA request from NRx Pharmaceuticals (NRXP) for Zyesami (aviptadil) for patients with critical COVID-19 with respiratory failure; shares down -24% Evaxion Biotech (EVAX)43M share Secondary priced at $7.00 IO Biotech (IOBT)15M share IPO priced at $14.00 Industrials & Materials Air Transport Services Group, Inc. (ATSG) 3Q adj EPS $0.60 vs est. $0.46 on revs $466Mm vs es.t $434.7Mm; guides FY adj EBITDA at least $535Mm vs est. $531Mm Barnes Group (BE) Q3 adj EPS (20c) vs est. (9c) on revenue $207.2M vs est. $239M Chemours (CC) 3Q adj EPS $1.27 vs est. $1.02 on revs $1.7B vs est. $1.58B; guides FY adj EPS $3.93-4.13 vs. est. $3.67 Livent Corp. (LTHM) 3Q adj EPS $0.03 vs est. $0.04 on revs $103.6Mm vs est. $96.1Mm; guides FY revs $390-410Mm vs est. $386.4Mm MasTec (MTZ) Q3 adj EPS $1.81 vs. est. $1.68; Q3 revs $2.404B vs. est. $2.28B; guides 4Q adj EPS $1.33 vs est. $1.35, sees 4Q revs about $1.9B vs est. $2.1B Snap-on (SNA) announces $500M share buyback

$UBER drop, bounce

$UBER nice gap this morning

BBBY LYFT AMC EXPR OPEN GME UBER BB HUYA CAR SAVA

UBER trade 1 tomorrow