**__ Diplomatt’s Daily Digest – February 9, 2022__**
Good morning and happy Wednesday, everyone! U.S. stock futures rose in early morning trading as investors prepare for another round of corporate earnings. Chipotle rose more than 6% in after-hours trading on the back of its strong earnings, while Lyft tumbled nearly 4% after announcing it had fewer active riders than in the prior quarter. As of the closing bell on Tuesday, nearly 60% of all S&P 500 companies have reported fourth-quarter earnings, and roughly 77% have topped Wall Street’s earnings estimates. Before the bell, high-interest earnings reports include CVS Health, Fox Corp, GlaxoSmithKline, and Yum Brands. Disney, Mattel, MGM Resorts, and Uber Technologies will release results after the bell. Today will see another light day on the economic calendar. Several Federal Reserve officials will give speeches, including Governor Michelle Bowman and regional presidents Loretta Mester of Cleveland and Raphael Bostic of Atlanta. Bond yields cooled off Wednesday amid a dramatic surge in 2022. The benchmark 10-year Treasury note most recently yielded 1.93%.

Quote of the week: „Do not be embarrassed by your failures, learn from them and start again.“ – Richard Branson

**General News:**
• Peloton continued its rebound, rising more than 4% premarket the day after the company announced a restructuring plan that will include layoffs and the removal of its CEO. Despite a bumpy road, shares of the interactive fitness company are now positive year to date after soaring more than 25% in Tuesday trading.
• Analysts report that oil will hit $120 a barrel, and the global economy will be radically altered if Russia invades Ukraine.
• Xpeng’s Hong Kong shares have been included in a trading link to mainland China, known as the Shenzhen-Hong Kong Stock Connect. The move will allow investors in mainland China easier access to the electric car start-up’s shares, potentially expanding its investor base.
• The U.S. Army unveiled its first climate strategy focused on protecting and training soldiers amid worsening climate disasters like floods, heatwaves, and drought and cutting the service’s greenhouse gas emissions. The Army’s plan, a response to President Joe Biden’s executive orders calling on agencies to adapt to climate change, directs the service to slash its emissions in half from 2005 levels by 2030 and reach net-zero emissions by 2050.
• Facebook parent Meta continued its slide and has now dropped so much in the past week that the company is worth less than chipmaker Nvidia. Meta shares fell 2.1% to close at $220.18. The stock is down 35% this year and has been trading at its lowest since July 2020.

**StockTwits Top 10 Trending Tickers of the Day:**
2. DIS
6. ACH
8. CVS
10. FJB

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