Date

**__ Diplomatt’s Daily Digest – February 10, 2022__**
Good morning and happy Thursday, everyone! U.S. stock futures edged higher this morning ahead of key inflation data expected later in the day. Investors prepare for Thursday’s Consumer Price Index report, which is expected to show headline inflation for January at the highest level since 1982. Headline inflation, including food and energy costs, is expected to rise by 0.4%, or 7.2% year-over-year. The market seems to have found a more constructive tone in the tug of war between trepidation over the Fed and the better fundamentals that we’ve seen in both earnings and the economic data. Having Disney do better than Netflix after its earnings report certainly seems positive. Last month Netflix reported disappointing quarterly earnings, which added to investors‘ skittishness towards tech stocks and the volatility in trading that followed.

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

**General News:**
• Russia on Thursday is set to begin ten days of military exercises with its neighbor Belarus as tensions remain high over a large build-up of troops along its border with Ukraine.
• The Biden administration this week rolled out a plan to allocate $5 billion to states to fund electric vehicle chargers over five years as part of the bipartisan infrastructure package that includes $7.5 billion to build a sprawling network of EV charging stations across the country.
• Shares of Dow 30 component Disney jumped nearly 8% in premarket trading after reporting a quarterly earnings beat and doubled revenue from its parks, experiences, and consumer products division.
• Disney added 11.8 million Disney+ subscribers globally in the fiscal first quarter, topping the average analyst estimate of around 7 million, according to StreetAccount.
• Coca-Cola earnings beat estimates as revenue rises 10%.
• PepsiCo beat fiscal fourth-quarter earnings and revenue expectations but warned of rising transportation and packaging prices‘ cost pressures.
• Congress moves to ban members from trading stocks as Nancy Pelosi drops opposition. Shout out to Unusual Whales for helping bring this to fruition.
• Uber reported fourth-quarter earnings after the bell on Wednesday. The company beat analyst estimates on revenue for the quarter and said it’s starting to bounce back from headwinds caused by the omicron coronavirus surge. The company’s stock was up more than 6% in after-hours trading.

**StockTwits Top 10 Trending Tickers of the Day:**
1. GGPI
2. AFRM
3. TWTR
4. BKKT
5. DIS
6. CLSK
7. CRO
8. SAITAMA
9. DCFC
10. SLP

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