Welcome Back,

Market Headlines 👀 

• US CPI releases tomorrow morning, the street expects a 2.7% YoY number, find all estimates here.

• Apple (AAPL) the next Apple ultra smartwatch could feature the ability to send texts via satellite, and they continue to ramp its work around a blood pressure feature.

• Tesla (TSLA) shares rally for the 5th straight day and saw another street price target revision upwards to $400 from Morgan Stanley analyst Adam Jones.

• Tesla (TSLA) has revamped plans to expand into India after multiple stalled attempts in the past.

• Microsoft (MSFT) company shareholders voted against adding Bitcoin to its balance sheet.

• Alphabet (GOOGL) announces its first ever Quantum computing chip - ‘Willow’.

• General Motors (GM) announces the company will no longer fund its robotaxi Cruise division.

• Krogers (KR) deal worth $24.6b to acquire Albertsons has been blocked by a US Federal judge.

• Amazon (AMZN) will begin testing ‘15 min’ delivery on grocery items in India soon.

Earnings 💸

• Gamestop (GME)

A note from Makor Coffee 📣

What we’re drinking during the bull run: 

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S&P 500 Heatmap 🔥 

Recap Around the Street 🧠

US CPI estimates from the street below. Prior month we say YoY CPI come in at 2.6%, consensus this time around is a tick above at 2.7%.

Market Preview 🎞️ 

• Wednesday, December 11th: MBA mortgage applications; Consumer price index (CPI) data

• Thursday, December 12th: Weekly jobless claims; Price producer index (PPI) data

Enjoy reading?👇

That’s all for today, folks! We’ll be back around the same time Thursday with a curated list of important news, economic data and market highlights. 

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