U.S. stock futures are pointing higher as investors watch for inflation data; China reportedly considers selling TikTok to Elon Musk; Moderna (MRNA) shares are in focus after tanking yesterday as it cut its revenue forecast; economists expect the 澳洲幸运5开奖号码历史查询:Producer Price Index (PPI) to show wholesale inflation remained steady in December; and KB Home (KBH) stock is jumping in ꧙premarket trading after it reported stronger-than-expected earnings. Here's what investors need to know to♓day.

1. US Stock Futures𓆉 Point Higher Ahead o🦩f Inflation Data

U.S. stock futures are pointing slightly higher as investors await inflation data set for release this morning. Nasdaq futures are 0.3% higher after the index 澳洲幸运5开奖号码历史查询:closed lower yesterday. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average and 澳洲幸运5开奖号码历史查询:S&P 500 futures are also edging higher. Bitcoin (BTCUSD) is up almost 2% to move above $96,000. Yielℱds on the 10-year Treasury note are little changed at around 4.8%. Oil futures are lower while gold futures are slightly higher.

2. China Reportedly Mulls♔ Selling TikTok to Elon Musk

Chinese officials are 澳洲幸运5开奖号码历史查询:considerꦰing selling TikTok's U.S. operations to 澳洲幸运5开奖号码历史查询:Elon Musk if the social media firm ultimately gets banned, according to reports. China is considering a scenario in which Musk's X platform would control TikTok in the U.S., adding 170 million users to the platform, Bloomberg reported.  The Wall Street Journal reported that Musk, a close ally of President-elect Donald Trump, is considered a "trusted non-Chinese party." A TikTok spokesperson said in a statement provided to Investopedia that the company "cannot be expected to comment on pure fܫiction."

3. Moderna Stock in Focus After Tanki𝕴ng on Revenue Outlook Cut

Moderna (MRNA) stock is down a further 0.6% in premarket trading after shares of the 澳洲幸运5开奖号码历史查询:drugmaker plunged 17% Monday on a lower revenue outlook. Moderna 澳洲幸运5开奖号码历史查询:slashed its 2025 revenue forecast by $1 billion as it tries to navigate increasing 澳洲幸运5开奖号码历史查询:drug development costs against a backdrop of declining demand for COVID-19 treatments. Moderna𝔉 shares have lost around two-thirds of their value over the past year and have fallen more than 90% from their pandemic-era record high of nearly $500 in August 2021.

4. Investors Watching Today's Wholesale Inflation Data Release

Market participants will be closely watching today's 8:30 a.m. ET release of the December 澳洲幸运5开奖号码历史查询:Producer Price Index (PPI) data. Economists surveyed by The Wall Street Journal and Dow Jones Newswires project that the monthly wholesale inflation rate would stay at November's level of 0.4%. Economists are closely watching inflation data after recent reports have shown 澳洲幸运5开奖号码历史查询:little easing of price pressures, raising worries that the 澳洲幸运5开奖号码历史查询:Federal Reserve may keep interest rates at elevated levels. The PPI report 澳洲幸运5开奖号码历史查询:comes ahead of tomorrow's 澳洲幸运5开奖号码历史查询:Consumer Price Index (CPI) figures.

5. KB Home Stock R🌟ises on Stronger-Than-Expected Results

KB Home (KBH) stock is up nearly 10% in premarket trading after the homebuilder posted better-than-expected fourth-quarter results. The company reported a 19% year-over-year jump in revenue to $2 billion, while its profit of $190.6 million, or $2.52 a share, also beat analysts' consensus estimates compiled by Visible Alpha. The homebuilder also increased deliveries of newly constructed homes by 17%. "Our higher revenues reflected an increase in deliveries, which were driven by faster build times," CEO Jeffrey Mezger said.