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Natural Gas Futures Slide as Supply Climbs, Demand Outlook Cools
U.S. natural gas prices fell sharply Friday, pressured by rising drilling activity and forecasts for milder weather that are expected to curb demand over the coming weeks.
AI Chip Stocks Surge on Tech Spending Plans; CPI and Nvidia Earnings Loom
Nvidia and AMD rallied sharply Friday as the Dow closed above 50,000, fueled by Big Tech's massive AI capital expenditure plans. The focus now shifts to inflation data and Nvidia's upcoming earnings.
XRP Holds $1.42 Amid Whale Activity, Traders Eye U.S. Economic Data
XRP stabilized near $1.42 with significant whale transactions and new address growth reported. Market participants await key U.S. economic indicators this week amid thin liquidity conditions.
Gold Nears $5,000 Milestone After Volatile Surge; U.S. Economic Data Looms
Gold prices surged nearly 4% on Friday, approaching $5,000 per ounce, as the CME raised margin requirements amid heightened volatility. Traders now await key U.S. jobs and inflation reports for direction.
Amazon Shares Drop on $200B AI Capex Plan, Investors Eye Economic Data
Amazon stock fell 5.6% after forecasting a more than 50% surge in capital expenditures this year, primarily for AI infrastructure. The market now awaits key U.S. jobs and inflation reports.
Silver Recovers from Sharp Drop as CME Adjusts Margins Ahead of Key U.S. Data
Silver prices rebounded over 8% on Friday after briefly falling below $65, though the metal still posted a weekly loss exceeding 8%. The CME Group increased margin requirements for futures contracts.
Alibaba Shares Rebound as AI App Frenzy Meets Technical Hiccups Ahead of Earnings
Alibaba's U.S.-listed stock rose 3% Friday, halting a six-session decline amid a broader tech rally. Its Qwen AI app surged to the top of China's App Store following a massive giveaway, but outages and platform restrictions marred the launch.
