Walter Bloomberg
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*S&P 500 CLOSES UP 1.3%, NASDAQ RISES 1.7%
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BIDEN AWARDS MEDAL OF FREEDOM TO HILLARY CLINTON, GEORGE SOROS AND OTHERS

President Biden awarded the Medal of Freedom to 19 individuals, including political figures like Hillary Clinton and Fannie Lou Hamer, and notable personalities like Anna Wintour, Ralph Lauren, Bono, and Lionel Messi. The honorees also include Jane Goodall, Michael J. Fox, and posthumously, Robert F. Kennedy and George W. Romney.
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$AAPL - FOXCONN FOURTH-QUARTER REVENUE UP 15.2%

Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Sunday that its fourth-quarter revenue jumped 15.2%, reaching a record high for the quarter.
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ELON MUSK CALLS FOR NIGEL FARAGE TO BE REPLACED AS REFORM PARTY LEADER

Elon Musk has called for Nigel Farage to be replaced as leader of Reform UK in a surprising U-turn hours after the British politician refused to endorse some of the tech billionaire’s latest online claims.

“The Reform party needs a new leader. Farage doesn’t have what it takes,” Musk wrote on X, his social media site, on Sunday afternoon.
https://t.co/FH1uzDuxNf
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A massive winter storm moving across the United States will not keep the U.S. Congress from meeting on Monday to formally certify Republican Donald Trump's election as president, Republican House Speaker Mike Johnson said on Sunday.
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*TRUDEAU RESIGNATION LIKELY BEFORE CAUCUS MEETING ON WED.: GLOBE
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U.S. NATURAL GAS FUTURES RISE 5% IN EARLY TRADE TO $3.5 PER MMBTU
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CANADIAN PRIME MINISTER TRUDEAU IS INCREASINGLY LIKELY TO ANNOUNCE HE INTENDS TO STEP DOWN - SOURCE FAMILIAR WITH TRUDEAU'S THINKING

TRUDEAU HAS NOT MADE A FINAL DECISION - SOURCE FAMILIAR WITH TRUDEAU'S THINKING
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NORTH KOREA FIRES BALLISTIC MISSILE - YONHAP
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PROJECTILE BELIEVED TO BE NORTH KOREA-FIRED BALLISTIC MISSILE HAS ALREADY FALLEN -JAPAN COAST GUARD
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$TSLA $GOOGL $UBER $LYFT - UBER, LYFT EMBRACE ROBOTAXI COMPETITION -- WSJ

The ride-hailing leaders are preparing to bring driverless taxis to your door with new app features that allow customers to use their phones to open trunks and honk horns. They are building infrastructure to maintain the high-tech taxis and training human support staff to handle riders without drivers.
Both companies will have driverless cars -- from Alphabet's Waymo and others
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*TRUMP AIDES EXPLORE TARIFF PLANS FOR 'EVERY COUNTRY': WAPO

*TRUMP'S POTENTIAL TARIFF PLANS ONLY FOR CRITICAL IMPORTS: WAPO
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$TSLA: STIFEL RAISES TARGET PRICE TO $492 FROM $411
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U.S. S&P 500 E-MINI FUTURES UP 0.7%, NASDAQ FUTURES UP 0.9%, DOW FUTURES UP 0.3%
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$UBER - Uber Announces $1.5 Billion Accelerated Share Repurchase Program
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$GM $F - SHARES OF AUTOMAKERS RISE PREMARKET AFTER REPORT OF LESS AGGRESSIVE US TARIFFS

GENERAL MOTORS UP 2.4%, FORD MOTOR UP 1.9%
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$DIS $FUBO - DISNEY NEARS DEAL TO MERGE HULU + LIVE INTO FUBO
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$FUBO - FUBOTV SHARES EXTEND GAINS PREMARKET, LAST UP 25%
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GERMAN DEC PRELIMINARY CPI +2.6% Y/Y (VS F'CAST OF +2.4% Y/Y)- STATISTICS OFFICE

GERMAN DEC PRELIMINARY CPI +0.4% M/M (VS F'CAST OF +0.3% M/M)- STATISTICS OFFICE

GERMAN DEC PRELIMINARY HICP +2.9% Y/Y (VS F'CAST OF +2.6% Y/Y)- STATISTICS OFFICE

GERMAN DEC PRELIMINARY HICP +0.7% M/M (VS F'CAST OF +0.5% M/M)- STATISTICS OFFICE
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Forwarded from The Kobeissi Letter
BREAKING: The Canadian Dollar is surging on reports of Justin Trudeau resigning. https://t.co/KPfc0q7919
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