Date

**__ Diplomatt’s Daily Digest – February 2, 2022__**
Good morning and happy Tuesday, everyone! Nasdaq futures jumped in early trading Wednesday after the technology-focused average gained for the third straight day. On the economic front, private payroll data is set to release at 8:15 a.m EST. Dow Jones’s economists expect 200,000 private jobs were added in January, down from December’s growth of 807,000 private payrolls. However, economists and White House officials warn that January payroll numbers could disappoint due to the large number of worker absences attributed to the omicron spread. The major averages are coming off of a volatile month, mainly spurred by a pivot in the Federal Reserve. However, some Fed members have offered reassuring commentary that they do not want their pending rate hikes to disturb the financial markets and that few see any appetite for a 50 basis point hike.

Quote of the week: „Opportunities don’t happen. You create them.“ – Chris Grosser

**General News:**
• Ukraine’s President Volodymyr Zelenskyy has warned that any military confrontation with its neighbor Russia would amount to „a full-scale“ war.
• Google’s parent company, Alphabet, announces a 20-for-1 stock split.
• AMD reported fourth-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and sales, and delivered a very strong sales forecast for 2022.
• Starbucks is set to increase prices to offset inflation.
• Tesla will recall all 53,822 vehicles with its „full self-driving“ driver-assist feature after it was intentionally programmed to roll through stop signs in some scenarios.
• Ford Motor Co. is planning a major reorganization to prepare for the electric future, using Tesla Inc.’s success as a road map and accelerating EV spending by as much as $20 billion.
• America’s national debt surpasses $30 trillion for the first time.
• Tom Brady has officially retired from the NFL.

**StockTwits Top 10 Trending Tickers of the Day:**
1. PYPL
2. GOOG
3. GOOGL
4. MVST
5. FB
6. AQUAGOAT
7. AMZN
8. SBUX
9. AMD
10. AVXL

More articles