Latest News
Booking Holdings Faces Investor Scrutiny Ahead of Q4 Earnings
Booking Holdings shares fell 7% leading into its quarterly results, set for release after markets close on February 18. Investors are focused on AI-related competitive threats and travel demand trends.
XRP Gains on Holiday Trading as Market Awaits Fed Minutes
XRP advanced 3.3% to approximately $1.52 during Sunday's limited trading session, while Bitcoin maintained levels near $69,000. Market participants are focusing on upcoming Federal Reserve minutes and inflation indicators.
Costco Shares Approach $1,000 Ahead of Key March Earnings
Costco Wholesale shares gained 2% to close near $1,018, outperforming retail peers ahead of the Presidents Day market closure. The next major catalyst is the company's earnings and sales report scheduled for March 5.
Bitcoin Retreats Below $69K Ahead of Key Fed Data, ETF Flows Volatile
Bitcoin declined 0.9% to $69,029 over the weekend, with ether dropping 3.4% to $2,006. Trading in U.S. spot bitcoin ETFs resumes Tuesday after the Presidents Day holiday.
Silver Rebounds on Soft CPI, Traders Eye Fed Minutes and GDP Data
Spot silver rallied 3.4% to $77.70 per ounce Friday following softer-than-expected U.S. inflation data, reducing its weekly decline to 0.3%. The rebound came after an 8.9% plunge Thursday triggered by strong employment figures and stop-loss selling.
Natural Gas Futures Gain as Traders Monitor Weather and LNG Exports
Natural gas prices advanced Friday as traders assessed late-February weather outlooks and stable LNG export activity. The U.S. gas rig count rose by three to 133 last week.
Dow Steady After Mild CPI; Fed Minutes, GDP, and PCE Data Ahead
The Dow Jones Industrial Average closed slightly higher Friday at 49,500.93 following a softer-than-expected inflation reading, though it posted a weekly loss of 1.2%. Attention now turns to Federal Reserve minutes and critical economic data due after the Presidents Day holiday.
Gold Surges Past $5,000 on Rate Cut Hopes, Eyes on Fed Minutes
Gold prices rallied more than 2% on Friday, reclaiming the $5,000 level after cooler-than-expected U.S. inflation data revived expectations for Federal Reserve interest rate cuts. The focus now shifts to key economic releases in the holiday-shortened week ahead.
Instacart Parent Soars on Strong Guidance, Eyes Key Catalysts Ahead
Maplebear Inc, parent of Instacart, closed up 9.2% at $36.30 following an upbeat quarterly forecast. The company reported a 14% rise in Q4 gross transaction value to $9.85 billion.
Lilly's $1.5B Oral Obesity Pill Stockpile Signals Major Launch Ambitions
Eli Lilly has accumulated $1.5 billion in pre-launch inventory for its experimental oral obesity treatment orforglipron, with the FDA's target decision date set for April 10. The substantial stockpile highlights the company's push to overcome supply limitations that have hampered the GLP-1 market.