Latest News
Bitcoin Hovers Near $69K Ahead of Market Reopen, ETF Flows Reverse
Bitcoin declined 1.1% to $68,917 in weekend trading as market participants await Monday's U.S. session and key inflation data. Spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows from the prior day.
XRP Dips to $1.42 Amid Weekend Volatility, Extending Weekly Slide
XRP declined approximately 5% to trade near $1.42 on Saturday, extending a weekly loss of 22% as thin liquidity amplified price swings. Bitcoin recovered above $70,000, while Ripple unveiled an Institutional DeFi roadmap.
Home Depot Shares Edge Higher Ahead of Key Economic Data, Q4 Earnings
Home Depot stock gained 0.7% Friday as investors await delayed jobs and inflation reports. The home improvement retailer's Q4 earnings, due Feb. 24, will test demand in a cautious housing market.
JPMorgan Leads Banking Rally as Dow Tops 50,000; Key Data Looms
JPMorgan shares surged nearly 4% to $322.40 on Friday, outpacing peers as the Dow Jones Industrial Average closed above 50,000 for the first time. Investors now await delayed jobs data, inflation figures, and a company update scheduled for February 23.
AbbVie Shares Gain 2% to Close Near $223 Amid Earnings Volatility, Credit Upgrade
AbbVie stock rose 2% Friday, ending a turbulent week marked by earnings scrutiny and a Moody's credit rating upgrade. Investors remain focused on Skyrizi and Rinvoq growth amid competitive pressures.
SK Hynix Shares Dip Amid Tech Sell-Off Despite S&P Credit Upgrade
SK Hynix shares declined 0.36% to 839,000 won on Friday, extending a weekly loss of 8% as Asian tech stocks retreated, even after S&P upgraded its credit rating to BBB+ with a positive outlook.
Bank of America Rises 3% Amid Financial Sector Rally, Eyes on Key Data
Bank of America shares climbed nearly 3% on Friday, riding a broad financial stock surge as the Dow closed above 50,000. Investors await delayed U.S. jobs and inflation reports next week.
Oracle Shares Bounce Back Amid $20 Billion Equity Offering Plan
Oracle's stock ended an eight-day losing streak, rising 4.65% to $142.82, as the company outlines a $20 billion share-sale program to fund cloud expansion. Investors are weighing dilution risks against growth needs.
ASML Shares Surge on AI Spending Optimism, Dividend Date Nears
ASML stock rallied sharply Friday, lifted by a rebound in chip stocks following Amazon's plans to boost AI capital expenditures. The company's interim dividend ex-date is set for February 9.
Mastercard Shares Dip Amid Dow Milestone; Key Economic Data Looms
Mastercard stock declined 0.6% on Friday as the Dow Jones Industrial Average surged past 50,000. Investors await delayed U.S. jobs and inflation reports next week.
Costco Shares Surpass $1,000 Milestone as January Sales Show Strength
Costco stock closed above $1,000 after reporting robust January sales growth. Investors are watching whether the retailer can maintain momentum ahead of its March earnings.