• Feb 27, 2025

Oil on track for first monthly drop since November on Trump tariff concerns

Oil prices fell more than 1% on Friday and were headed for their first monthly drop since November, as markets braced for Washington's tariff threats and Iraq's decision to resume oil exports from the Kurdistan region. Uncertainty surrounding OPEC's production resumption plans in April and ongoing talks to end the war in Ukraine also weighed on investor sentiment. The more active May Brent crude futures slipped 81 cents, or 1.1%, to $72.76 a barrel by 1410 GMT.

• Feb 27, 2025

Dollar draws strength from Trump's tariffs; crypto slumps

Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies such as the Australian dollar and sent bitcoin tumbling, thereby boosting the dollar. On Thursday, Trump said his proposed tariffs of 25% on Mexican and Canadian goods would take effect on March 4, along with an extra 10% duty on Chinese imports, defying expectations of those who hoped for a further delay in the levies.

• Feb 27, 2025

Betting markets are skeptical DOGE will accomplish some of its big goals

Bettors on Polymarket, which became famous for accurately calling the 2024 election, see slim chances DOGE will achieve some of its big goals.

• Feb 27, 2025

Tokyo Inflation Slows a Tad More Than Expected on Subsidy Impact

(Bloomberg) -- Inflation in Tokyo slowed more than expected as government subsidies meant to offset energy costs distorted readings, a result that isn’t likely to deter the central bank from considering more hikes to its benchmark interest rate. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6

• Feb 27, 2025

Crypto stocks face increased volatility as Bitcoin price stays below $90,000

Some investors are taking advantage of the heightened volatility by "buying the dip."

• Feb 27, 2025

Bitcoin ETFs Hit by Record Outflows as Gold ETFs Surge

Investors have pulled nearly $3 billion from spot bitcoin ETFs in the past week, while gold ETFs are seeing massive inflows—signaling a major shift in market sentiment.

• Feb 27, 2025

Stock of the Day: Snowflake surges 12% as new AI products spur sales beat

The software firm beat earnings and gave strong guidance that played up new AI tools for customers. It's outlook for product revenue beat estimates.

• Feb 27, 2025

What Will The Trump Economy Look Like? What The Hearing For His Top Advisor Revealed

The Trump administration's economic policy will be one of high tariffs, reduced regulations and investment in weapons, according to the president's nominee for top economic advisor.

• Feb 27, 2025

Nextdoor (NYSE:KIND) Posts Better-Than-Expected Sales In Q4 But Stock Drops 11.2%

Neighborhood social network Nextdoor (NYSE:KIND) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.4% year on year to $65.23 million. On the other hand, next quarter’s revenue guidance of $53 million was less impressive, coming in 13.7% below analysts’ estimates. Its GAAP loss of $0.03 per share was $0.01 above analysts’ consensus estimates.

• Feb 27, 2025

Ameresco’s (NYSE:AMRC) Q4 Sales Beat Estimates But Stock Drops 12.4%

Energy and renewable energy projects company Ameresco (NYSE:AMRC) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 20.7% year on year to $532.7 million. On the other hand, the company’s full-year revenue guidance of $1.9 billion at the midpoint came in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.88 per share was 12.6% above analysts’ consensus estimates.