Cryptocurrencies
Crypto Stocks Rally: Coinbase and Robinhood Jump as Bitcoin Rebounds Above $73,000
Crypto Stocks Rally: Coinbase (COIN) and Robinhood (HOOD) Jump as Bitcoin Rebounds Above $72,000
Cryptocurrencies
Crypto Stocks Rally: Coinbase (COIN) and Robinhood (HOOD) Jump as Bitcoin Rebounds Above $72,000
Earnings
Ross Stores (ROST) shares surged after the off-price retailer reported stronger-than-expected fourth-quarter results, highlighted by double-digit sales growth and robust comparable-store sales, while management projected continued expansion in sales and earnings.
Earnings
Best Buy (BBY) shares surged after the electronics retailer posted stronger-than-expected fourth-quarter profits, even as revenue and comparable sales declined and fiscal-year guidance came in below Wall Street forecasts.
Earnings
Target (TGT) shares moved higher after the retailer delivered a sizable fourth-quarter earnings beat and projected a return to sales growth in 2026, even as comparable sales fell for the 13th straight quarter.
Business Trends
Pinterest (PINS) shares climbed after activist investor Elliott Investment Management committed $1 billion in fresh capital, helping fund a new $3.5 billion share repurchase program.
Earnings
Norwegian Cruise Line (NCLH) shares fell sharply after the company missed revenue expectations and issued a weaker-than-expected 2026 profit forecast, overshadowing solid cost controls and occupancy gains.
Macro
Oil prices jumped sharply while gold extended gains and Bitcoin slid as U.S.-Israel strikes on Iran and Tehran’s retaliation rattled global markets. Investors reacted across commodities, equities, and cryptocurrencies as geopolitical risk intensified.
Macro
U.S.-Israeli strikes on Iran and Tehran’s retaliation have heightened risks to global energy supply, with oil prices poised to spike as markets reopen. The Strait of Hormuz disruption and OPEC+ output decisions are central to the stock market reaction.
Business Trends
Netflix (NFLX) rallied after walking away from its bid for Warner Bros. Discovery (WBD), clearing the path for Paramount Skydance (PSKY) to secure a $111 billion deal and reshaping the streaming landscape.
Earnings
Nvidia (NVDA) shares dropped sharply even after delivering stronger-than-expected fourth-quarter results and issuing robust guidance, as broader AI trade concerns weighed on market reaction.
Price Action
CAVA (CAVA) surged after beating fourth-quarter expectations and guiding to stronger 2026 comparable sales, highlighting how quickly sentiment can shift in the fast-casual space when forward visibility improves.
Earnings
Domino’s (DPZ) reported fourth-quarter revenue above expectations and continued U.S. market share gains, lifting shares higher. Despite solid comparable sales growth and a 15% dividend increase, the stock remains near a two-year low amid broader restaurant sector caution.