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Boeing Gains on Air Force C-17 Modernization Deal; Market Awaits Economic Data
Boeing shares edged higher after securing a U.S. Air Force contract to upgrade C-17A flight decks, with a Pentagon-listed value of $266.6 million. Investor focus shifts to upcoming U.S. jobs and inflation reports.
P&G Shares Dip as Investors Await Key Economic Data
Procter & Gamble stock declined 1.2% on Monday, underperforming the broader market. Investors are focused on upcoming U.S. jobs and inflation reports for signals on consumer health.
Snowflake Gains as Jefferies Dismisses AI Concerns, Maintains $300 Target
Snowflake shares rose 3.4% to $174.10 amid a tech rebound, with Jefferies reaffirming a Buy rating and $300 price target ahead of the company's Feb. 25 earnings report.
Morgan Stanley Gains on Grimes Appointment, Markets Eye Economic Data
Morgan Stanley shares advanced nearly 2% after the bank reinstated veteran dealmaker Michael Grimes to lead investment banking. Investors are monitoring upcoming U.S. jobs and inflation reports for market direction.
Verizon Gains on Board Transition, Economic Data in Focus for Telecoms
Verizon shares advanced 1.3% Monday following news a director will not seek re-election, while rivals AT&T and T-Mobile edged lower. Investors await key U.S. jobs and inflation data that could impact high-dividend telecom stocks.
Super Micro's Margin Pressure Weighs on Shares Despite AI Demand Surge
Super Micro Computer shares declined as investors focused on shrinking profit margins, overshadowing strong revenue growth tied to AI server demand.
Home Depot Shares Decline Ahead of Key Economic Data, Earnings
Home Depot stock fell 1.3% on Monday, underperforming broader market gains. Investors await upcoming inflation and employment reports, along with the retailer's quarterly results on February 24.
Natural Gas Futures Plunge 8% on Warmer Mid-February Forecast
U.S. natural gas futures tumbled roughly 8% to $3.14/mmBtu as updated weather projections signaled above-average temperatures for mid-February, reducing heating demand.
Silver Soars 5.8% Amid Dollar Retreat, Traders Eye Key U.S. Data
Silver prices surged nearly 6% to $82.49 an ounce as the dollar weakened, with traders focused on upcoming U.S. jobs and inflation reports that could influence Federal Reserve policy.
Ripple Expands Custody Services Amid XRP Price Volatility and CPI Watch
XRP declined 0.3% to $1.44, extending a weekly loss of 12%, as Ripple announced new custody partnerships with Securosys and Figment. XRP investment products saw $63.1 million in inflows last week despite broader crypto outflows.