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Marketmind: This is what a relief rally looks like
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S&P 500 could plunge 20% in coming months as recession hits, BofA warns
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U.S. Commerce Secretary Raimondo doubles down on Biden plan to restrict American companies, and citizens, from helping China make semiconductor chips
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Commerce Secretary Gina Raimondo backs the Biden administration’s new rules against U.S. companies and citizens helping China manufacture semiconductors.

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Affirm stock plunges toward record low after Peloton’s struggles weigh on forecast
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Sorry, Fed, Most US Mortgage Rates Were Locked in During Pandemic Lows
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FTX's Japanese users will be able to start withdrawing funds from February
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FTX Japan says it is developing a system to resume withdrawals through the website of Liquid Japan, a crypto exchange it acquired earlier this year.

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Dow Jones Futures: Will Powell Testimony Threaten Stock Market Rally? Apple, Tesla In Focus
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Roku Among Most-Exposed Firms With Assets Caught in SVB Failure
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General Motors cuts 500 salaried employees
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GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.

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Endeavor shares fall after video shows UFC boss Dana White hitting wife on New Year's Eve
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Endeavor, run by super agent Ari Emanuel, took full ownership of Dana White-run UFC in 2021.

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Cathie Wood's Ark Makes 3 Bold Bitcoin Predictions
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Tesla shares down over 5% after Investor Day despite positive analyst sentiment
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Tesla shares fell 7% in pre-market trading Thursday, despite a positive analyst reaction to Elon Musk’s investor day presentation.

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Symrise AG PT Raised to EUR110 at JPMorgan
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Cowboy hats, boots, guns and crypto talk with Dan Held
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The IRS released its $80 billion funding plan. Here's what it means for taxpayers
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The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted in August. Here’s what it means for taxpayers.

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Biden vows 'to protect' country in State of the Union speech, refers to China balloon
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St. Louis school shooter may have used gun that police confiscated months ago
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Arizona Sen. Kyrsten Sinema leaves Democratic Party to become independent
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Sinema said in a tweet she was declaring her “independence from the broken partisan system in Washington and formally registering as an Arizona Independent.”

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Analyst Believes XRP is Losing Strength Against Other Cryptos
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Coca-Cola revenue rises in fourth quarter, fueled by higher prices
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Coke said its unit case volume, which strips out the impact of currency and price changes, fell 1% in its fourth quarter.

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Israeli police shoot man dead near Muslim holy site
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Stocks Poised for Higher Open
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Lyft shares tank 30% after company issues weak guidance
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Lyft shares fell more than 20% during after hours trading after issuing weak guidance in its earnings report on Thursday.

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Putin forced to slash oil output by half a million barrels a day
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