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European shares drop on Trump's plan to implement tariffs
Feb 28 (Reuters) - European shares extended declines on Friday, as market sentiment was dented after U.S. President Donald Trump said his proposed tariffs on Mexican and Canadian goods would take effect next week.
EUR/USD
Reuters
Fri, Feb 28
Meta AI’s Independence: Zuckerberg Is Unwilling to Be Just a "Supporting Role"
Although Mark Zuckerberg has already launched AI functions on his popular social platforms such as Facebook, Instagram, and WhatsApp, the CEO's vision for AI goes beyond that. Sources say that Meta will launch a standalone Meta AI software in the second quarter to compete with ChatGPT and others.
TradingKey
Fri, Feb 28
China strongly opposes Trump's additional tariff threat
China's foreign ministry said on Friday it strongly opposes the threat of an additional 10% tariffs from U.S. President Donald Trump and will take all necessary measures to firmly safeguard its legitimate interest.
Reuters
Fri, Feb 28
Bitcoin’s $2.16 Billion Capitulation: Who Sold At The Biggest Loss?
The on-chain analytics firm Glassnode has broken down which Bitcoin investor cohorts sold at the biggest loss during the latest price crash.
Bitcoin
Bitcoinist
Fri, Feb 28
Silver Price Forecast: XAG/USD falls to near $31.00 support, channel’s lower threshold
Silver price (XAG/USD) remains steady after registering losses in the previous session, trading near $31.20 per troy ounce during the early European session on Friday.
Silver
Fxstreet
Fri, Feb 28
USD/CHF gathers strength to near 0.9000 as traders brace for US PCE data
The USD/CHF pair trades in positive territory near 0.8995 during the early European session on Friday.
USD/CHF
Fxstreet
Fri, Feb 28
London copper hits over two-week low as Trump tariffs loom
NEW DELHI, Feb 28 (Reuters) - London copper prices hit a more than two-week low on Friday, as the dollar firmed on U.S. President Donald Trump's imminent tariff plans. Three-month copper on the London Metal Exchange (LME) CMCU3 fell 0.5% to $9,346.5 a metric ton as of 0704 GMT, and was down 2% on...
Reuters
Fri, Feb 28
Japan's Nikkei ends at 5-month low as chip stocks track Nvidia slump
TOKYO, Feb 28 (Reuters) - Japan's Nikkei share average ended at a five-month low on Friday, as chip-related stocks tracked Nvidia's sharp overnight declines, with Advantest tanking nearly 9%.The Nikkei index fell below 37,000 for the first time since September 19 and hit a low of 36,840.12 in intra
Reuters
Fri, Feb 28
Crypto Market Shake Up! Bitcoin Drops Below $80K, Wiping Out 210,000 Traders!
Bitcoin's drop below $80,000 triggered a collective crash in the crypto market, resulting in over 210,000 traders being liquidated.
Bitcoin
Ethereum
Solana
XRP
TradingKey
Fri, Feb 28
US core PCE inflation set to ease as markets expect Federal Reserve to keep rates unchanged
The United States (US) Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for January on Friday at 13:30 GMT.
Fxstreet
Fri, Feb 28
Dell forecasts higher annual profit on AI server demand
Texas-based technology company Dell projects a 53% annual revenue rise from its AI server sales, hoping to earn over $15 billion this year from AI server shipments alone.
Cryptopolitan
Fri, Feb 28
JGB prices rise on safe-haven bets, slower Tokyo price growth
Tokyo, Feb 28 - Japanese government bond (JGB) prices rose on Friday as investors sought safe-haven assets amid slumps in equities, while slower inflation growth in Japan's capital eased bets on the Bank of Japan's aggressive rate hike bets.
USD/JPY
Reuters
Fri, Feb 28
Spectre of Trump's tariffs hammers risk currencies, crypto
SINGAPORE, Feb 28 (Reuters) - Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday in risk-sensitive currencies such as the Aussie, sent bitcoin tumbling and gave safe-haven support to the dollar.
Reuters
Fri, Feb 28
EUR/USD weakens below 1.0400 as traders brace for US PCE release
The EUR/USD pair remains under selling pressure near 1.0390 during the Asian trading hours on Friday. The Euro (EUR) weakens against the US Dollar (USD) amid the risk-off mood. The US Personal Consumption Expenditures (PCE) Price Index will take center stage later on Friday.
EUR/USD
Fxstreet
Fri, Feb 28
Stripe calls stablecoins the future of money after processing $1.4 trillion in 2024
In an annual letter published on Thursday, Stripe believes stablecoins are one of the most innovative areas of the “internet economy.” The payments company reportedly generated $1.4 trillion in total volume in 2024.
Bitcoin
XRP
Cryptopolitan
Fri, Feb 28
Fundamentals suggest EUR/GBP has further to fall
EUR/GBP has been under pressure since late January, and the fundamental backdrop suggests there is little reason to fight the downtrend, which has further to fall.
EUR/GBP
EUR/USD
Reuters
Fri, Feb 28
Why Intel Stock Is Falling After Initially Posting Gains Today
Intel (NASDAQ: INTC) stock was gaining ground early in Thursday's trading, but traded lower later in the day. The semiconductor specialist's share price was down 1% as of 3:45 p.m. ET along with a 1.3% decline for the S&P 500 index and a 2.3% decline for the Nasdaq Composite index.
The Motley Fool
Fri, Feb 28
Bitcoin Price Could Crash Further To $70,000 If This Happens
The Bitcoin price has experienced such severe downward pressure and volatility that many are starting to believe that the bear market may have begun. While some analysts hope for a price reversal to the upside, others predict a further crash to $70,000, eradicating almost all gains achieved after...
Bitcoin Cash
Bitcoin
NewsBTC
Fri, Feb 28
Duolingo shares dip despite Q4 revenue beat, strong guidance
Language learning platform Duolingo Inc (NASDAQ:DUOL) reported fourth-quarter results that exceeded analyst expectations, but shares fell 2.6% in after-hours trading despite the company providing an optimistic outlook for 2025.
Investing.com
Fri, Feb 28
Coinbase Case Dismissed: SEC Files To Drop Lawsuit In New York Court
The US Securities and Exchange Commission (SEC) has announced its decision to file a joint stipulation with Coinbase Inc. and Coinbase Global Inc. to dismiss the ongoing civil enforcement action against the two entities.
BNB
Bitcoin
Ethereum
Bitcoinist
Fri, Feb 28
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