US stocks moved higher on Tuesday, with the Dow Jones Industrial Average setting another all-time high, as investors digested weaker-than-expected retail sales data and looked ahead to key labor market and inflation reports later in the week. The Dow Jones Industrial Average rose 239 points, or about 0.5%, extending its recent run of record highs.
Spotify Technology (NYSE: SPOT) is pushing meaningfully higher in premarket on Tuesday after the audio streaming giant posted a blockbuster Q4 and issued surprisingly positive outlook for the current quarter. While the massive headline beat and user growth sure are contributing to it, investors are cheering SPOT primarily for the big boost to efficiency. For
The operator of outdoor apparel brand Eddie Bauer filed for Chapter 11 bankruptcy protection on Monday, becoming another mid-market retailer to fall prey to the adverse impact of shifting consumer demand, rising costs and persistent uncertainty over trade policy. In court filings in the District of New Jersey, the company said it was exploring a
Booking Holdings stock price has been in a strong freefall in the past three consecutive weeks as concerns about the travel industry remains. BKNG dropped to a low it $4,237 on Monday, reaching its lowest level since April last year. It has crashed by 27% from its all-time high. Why Booking Holdings stock has crashed
XRP, the native coin of the Ripple blockchain, is looking to establish a strong support around the $1.40 level after dropping to $1.1 during last week’s market flush. Currently, XRP has been consolidating above $1.4 over the past few days after its recovery attempt stalled at $1.54 on Friday. Retail interest in XPR has stabilised
Although the results fell short of analysts’ forecasts, Mexican cement producer Cemex reported a 16% increase in fourth-quarter core profitability, supported by cost-cutting measures and higher product prices. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose to $781 million for the quarter, the company said. This missed the $795 million estimate from analysts surveyed
Playnance has made its first public announcement, introducing itself as a Web3 infrastructure and consumer platform that has been operating a live ecosystem focused on onboarding mainstream Web2 users into on-chain environments. The platform serves as a Web2-to-Web3 gaming infrastructure layer, working with more than 30 game studios to convert thousands of titles into fully
Coinbase stock price continued its strong downward trend this year, reaching its lowest level since April last year. COIN dropped to $166, down by 62% from its all-time high. This article explores what to expect as the stock continues its downward momentum. Coinbase stock has crashed amid the ongoing crypto sell-off COIN stock price continued
The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided Monetary Policy Committee (MPC) as the decision was marked by a narrow 5-4 split. Despite the hold, the central bank signaled that a further reduction is likely in the coming months, provided
The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy