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10 things before the opening bell

Phil Rosen   

10 things before the opening bell

Welcome to 10 Things Before the Opening Bell.

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Let's jump in.


1. A war of words over the metaverse. Even as tech giants like $4 pour money and resources into the nascent and vaguely defined space, the richest man in the world has his doubts.

"I don't know if I necessarily buy into this metaverse stuff," Elon Musk said in an interview with The Babylon Bee. The Tesla CEO questioned whether$4. Earlier, Musk tweeted "$4."

Echoing those sentiments, Jack Dorsey created a Twitter storm when he said$4 — and Musk tweeted back in apparent agreement.

Dorsey's mocking of the metaverse ($4 comes despite his high praise for digital assets more broadly. $4, and his company Block, $4 from Square, has placed big emphasis on crypto.

"I think we're far from disappearing into the metaverse," Musk said. "This sounds just kind of buzzword-y."


2. US stocks are shaping up for a third day of wins, with a 'Santa rally' on the cards. Promising Omicron and economic updates are bringing some holiday cheer to stocks worldwide. $4.

3. A JPMorgan Asset Management veteran is ringing the bell for a red-hot housing market in 2022. Jack Caffrey also warned investors to brace for more volatility during the new year —$4

4. Earnings on deck: Sanderson Farms, GoGold Resources, and Naito and Co., all $4

5. Americans aren't scared of inflation because they think it already peaked. Even though inflation is the worst since 1982, the Consumer Confidence Index rose in December to a five-month high. $4.

6. Elon Musk said he's sold enough Tesla stock to meet his 10%. The Tesla chief offloaded another $548 million of shares on Tuesday — $4

7. Steph Curry is selling NFT sneakers that can be "worn" in the metaverse. The NBA star sold 2,974 NFTs in honor of him breaking the NBA three-point record. $4

8. Look for Crypto.com and FTX during Super Bowl commercials. Both crypto platforms bought ad space for the 2022 Super Bowl, the Wall Street Journal reported — $4

9. Todd Baldwin, a 29-year-old property investor, is set to earn more than $1.5 million this year. He invested in his first property at 23 and has generated millions ever since. $4

10. Crypto evangelist David Gokhshtein explained what needs to happen for a record-high bitcoin and ethereum rally. The two cryptocurrencies have struggled in recent weeks, but have still posted strong gains for the year. $4


Compiled by Phil Rosen. Feedback? Email prosen@insider.com or tweet $4.

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