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Communication Sector Stalls as Ad Worries Offset Gains
Communication services stocks lacked momentum entering a holiday-shortened week, with the sector's main ETF finishing essentially unchanged. Heavyweight internet stocks declined while telecom and media names provided some support.
Data Center Stocks Split as Nvidia Dips, Dell and Arista Gain Ahead of Key Data
Data center stocks showed mixed performance Friday, with Nvidia declining 2.2% while Dell and Arista Networks gained over 4%. Markets await Walmart earnings and critical economic data.
Quantum Computing Stocks Rally Ahead of Key Earnings Reports
Quantum computing equities advanced Friday, led by Rigetti Computing and IonQ, as investors looked past a downgrade and toward upcoming quarterly results. Markets are closed Monday for the holiday.
Tech Sell-Off Deepens Ahead of Key Fed, Nvidia Events
Major technology stocks retreated sharply ahead of the holiday weekend, with Apple and Nvidia posting significant losses. The sell-off reflects growing investor anxiety over massive AI investments and margin pressures.
Ucore Rare Metals Lags TSX Rally Ahead of Holiday Pause
Ucore Rare Metals shares edged lower Friday, diverging from a broad commodity-led rally on the TSX. Trading pauses Monday for Family Day and Presidents' Day.
Natural Gas Market Braces for Volatility Amid Conflicting Demand Signals
U.S. natural gas prices ended the week lower despite a Friday gain, as traders weigh strong LNG export demand against forecasts for warmer late-February weather. Market attention turns to storage data and pipeline constraints.
Applied Materials Forecast Lifts Chip Equipment Sector Amid Mixed AI Trade
Applied Materials jumped 8% Friday after issuing a quarterly outlook above analyst estimates, citing accelerating AI investments. The iShares Semiconductor ETF rose 0.9% while Nvidia and Broadcom slipped.
Rivian Soars 27% on Strong 2026 Delivery Outlook for R2 SUV
Rivian Automotive shares jumped 26.6% to $17.73 following an optimistic 2026 delivery forecast centered on its lower-priced R2 SUV. U.S. markets are closed Monday for Presidents Day.
Oil Markets Brace for Supply Shifts as Venezuela Sanctions Ease, OPEC+ Mulls Output Hike
Energy markets prepare for a volatile week with potential supply increases from Venezuela and OPEC+ discussions, while delayed U.S. inventory data adds uncertainty. Major oil shares showed mixed performance.
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.