-218.59 points.
First loss in six sessions
Japanese JGB’s 0.80% flat on the day
-218.59 points.
First loss in six sessions
Japanese JGB’s 0.80% flat on the day
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P&C insurers beat Q4 revenue by 2.9%, but stocks fell 7.5%. PGR down 6.9%, FAF down 7.9%.
Regional banks beat revenue estimates by 1.6%, but stocks are down 2.6%. ZION down 2.3%, MBIN up 26.6%.
Data center buildouts face $98B in delays/cancellations; CA loses market share to TX.
Thermon (THR) beats Q4 estimates, up 12.1% while LSI, WHR, ATKR, KE see mixed results & stock drops.
MMA rates top 4% APY as Fed cuts rates. It's a safe bet for liquidity, but riskier assets offer higher long-term returns.
Bitcoin drops 3.3% on geopolitical fears; $386M crypto liquidations as oil surges.
MBIN jumps 26.6% on strong earnings beat, while NBHC drops 1.4% missing estimates.
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