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Shares of Robinhood fell in after-hours trade on Tuesday, after caution on crypto trading weighed on the trading app's fourth-quarter sales and the company forecast a big jump in spending for the year.
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TV measurement firm EDO documented the most effective ads of this year's Big Game, ranking each spot based on consumer engagement data, such as search, that predict future sales.
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Asia markets mostly rise as investors shrug off weak U.S. retail sales, assess China inflation CNBCAsian Stocks Set to Extend Rally as US Shares Slip: Markets Wrap BloombergStocks pause for breath as AI worries simmer; yen gallops higher ReutersAsian shares advance after weak US retail data weigh on Wall Street Yahoo Finance
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S&P 500 closes lower as AI fears weigh on financial stocks; Dow hits another record: Live updates CNBCStock market today: Dow moves higher, S&P 500 and Nasdaq dip after weak retail sales fuel Fed cut bets Yahoo FinanceUS stocks drift to a mixed finish as yields fall after a discouraging report on US shoppers AP NewsStocks mixed but world index hits record high; Treasury yields ease Reuters
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Tuesday's flat reading on December retail sales was translating into concerns that U.S. growth may not be as strong as previously presumed — resulting in what will likely be a lower path for both interest rates and inflation this year.
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