Fourth-quarter earnings season kicks off on Thursday with better -than – expected results from the investment firm BlackRock (NYSE: BLK). The banking giants JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) will release its fourth-quarter results on Friday before the bell.
On Monday, the Chinese electric automaker NIO Inc – ADR (NYSE: NIO) shares rose 8% higher and hit new all-time-high following the company launched mass production of new electric car on Saturday. NIO also announced a collaboration with Nvidia Corp, the latest electric vehicle ET7 will use NVIDIA Drive Orin SoC for AI-assisted driving.
"Micron delivered outstanding fiscal first-quarter results, driven by focused execution and strong end-market demand," Micron CEO, Sanjay Mehrotra said.
EU drug agency approved Moderna’s vaccine
"It is a great New Year present for the whole oil industry," Russian Deputy Prime Minister Alexander Novak said on the second day of 13th OPEC and non-OPEC Ministerial meeting.