Detroit auto show and Obama on cybersecurity — 5 things to know today by Laura Lorenzetti @FortuneMagazine January 12, 2015, 8:26 AM EST E-mail Tweet Facebook Google Plus Linkedin Share icons Good morning friends and Fortune readers. Wall Street is having a good Monday morning. Stocks look set to move higher at the open after last week’s very volatile week — the Dow posted a triple-digit move in each of last week’s trading sessions. European indexes are higher, and Asian shares were mixed at the end of trading. Here’s what you need to know to start your day. 1. Detroit auto show in high gear. The annual Detroit auto show is in full swing today with presentations from the CEOs of top car companies, including Fiat Chrysler, GM GM , Ford F , Nissan and Tesla TSLA . About 40 vehicle introductions are expected today, including some entirely new designs as well as variants of existing models. GM will reportedly reveal a new electric vehicle with a style and price-point that can compete with the forthcoming Tesla Model 3. 2. Big pharma buyouts. Two pharmaceutical companies announced big acquisitions Sunday evening. Switzerland’s Roche will pay $1.03 billion for Foundation Medicine FMI , a biotech company that matches cancer patients with the best treatments. Meanwhile, Ireland-based Shire doled out $5.2 billion to buy NPS NPSP , a New Jersey-based drug maker that specializes in gastrointestinal diseases. It’s Shire’s first deal following its failed attempt to sell itself to AbbVie ABBV last year. 3. Goldman sees oil going even lower. Goldman Sachs GS has released a report that predicts U.S. crude oil will fall to $39 a barrel and the global standard will drop as low as $43 in six months before prices bounce back toward the end of the year. Much of the decline in oil prices is due to increasing inventories over the first half of this year. The price of oil futures declined even further below $50 this morning. 4. Obama digs in on cybersecurity. President Obama will discuss three new proposed laws today that seek to help protect consumer data and privacy in the digital age. The proposals include a regulation that would require companies to tell consumers within 30 days if their data have been compromised. Obama will present his proposal at the Federal Trade Commission at 11:55 a.m. ET today, though Congress would still need to approve any legislation. 5. Another earnings season kicks off. Another earnings season kicks off later this afternoon when aluminum giant Alcoa AA issues is results for the fourth quarter of 2014. The company’s 2015 aluminum demand forecast is a must-watch and will provide a sneak peak into what businesses are expecting for this year’s economy. Analysts expect Alcoa’s earnings-per-share to reach 25 cents on sales of $6.05 billion. Earnings season will start to perk up later this week, on Wednesday morning, when JPMorgan JPM and Wells Fargo WFC report their fourth-quarter results.