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XRP Gains Amid Regulatory Optimism; Key SEC Deadline Looms
XRP climbed approximately 2% to $1.44, buoyed by Ripple CEO Brad Garlinghouse's prediction of a 90% chance a major U.S. crypto market-structure bill becomes law by late April. A key SEC deadline for a proposed crypto ETF that could include XRP arrives this week.
Gold Surges Past $5,000 on Tariff, Inflation Data
Gold prices rallied sharply Friday, with spot gold rising 1.5% to $5,071.48, propelled by renewed tariff announcements and persistent inflation concerns. The move follows disappointing Q4 GDP data.
Silver Surges 5.8% to $82.92 on Growth Fears, Tariff News
Silver closed at $82.92 an ounce, gaining 5.8% amid soft economic data and fresh trade policy moves. The metal's volatility highlights its dual role as both an industrial commodity and a macro hedge.
Broadcom's Strategic Moves: 6G Chip Launch and VMware Partner Restructuring
Broadcom shares edged lower Friday despite launching BroadPeak, a new radio chip for 5G Advanced and early 6G networks. The company also announced plans to eliminate VMware's entry-level reseller tier in EMEA this May.
Apple Gains on Tariff Ruling, Faces iCloud Lawsuit Ahead of Shareholder Meeting
Apple shares closed Friday up 1.6% at $264.58 following a Supreme Court ruling that overturned Trump-era global tariffs. The company faces a new lawsuit from West Virginia over iCloud encryption and prepares for its February 24 shareholder meeting.
Alphabet Shares Surge on Trade Ruling, Cloud Growth, and Aggressive AI Spending
Alphabet's Class C shares gained 3.7% Friday, closing at $314.90, following a Supreme Court decision that removed Trump-era global tariffs. The company also revealed plans to significantly increase capital expenditures to support AI and cloud infrastructure.
Microsoft Stock Dips Amid Gaming Leadership Overhaul, AI Spending in Focus
Microsoft shares closed lower Friday, underperforming the broader tech rally, following news of a leadership shake-up in its gaming division. Market attention shifts to AI investment trends and key earnings reports.
Amazon Rises on Tariff Ruling; AWS Incident, Economic Data in Focus
Amazon shares climbed 2.6% to $210.11 following a Supreme Court decision striking down former President Trump's broad tariffs. The ruling sparked market gains but was quickly followed by a new 10% temporary tariff order.
Ford Shares Rise as Trade Policy Shifts, USMCA Probe Begins
Ford Motor Co. shares closed Friday at $14.01, up 1.7%, as markets digested a Supreme Court decision overturning emergency tariffs and the launch of a USMCA rules probe.
Nike Stock Volatile After Supreme Court Tariff Ruling; Earnings Loom
Nike stock closed slightly lower after an 8% intraday swing following a Supreme Court tariff ruling. Investors now focus on a new 10% global tariff effective Tuesday and the company's upcoming March 19 earnings report.
Etsy Surges on Depop Divestiture and Analyst Upgrade
Etsy stock climbed 8.5% to $52.18 after announcing the sale of its Depop unit to eBay for $1.2 billion and receiving an upgraded rating from Barclays. The company's Q4 revenue slightly missed estimates, and it projected a decline in first-quarter gross merchandise sales.