Bitcoin (BTC-USD) sits above $67,000 as the cryptocurrency gets back on the path toward its record high from November 2021 on recent rallies. Yahoo Finance Senior Markets Reporter Jared Blikre monitors recent movements in the crypto space, including some of the top spot bitcoin ETFs and crypto-exposed stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Target (TGT) shares are moving higher this morning after the company reported fourth quarter earnings that topped analyst estimates. CEO Brian Cornell told Yahoo Finance that the company will concentrate on returning to growth mode, focusing on numerous areas, including opening new stores, introducing private-label brands, and introducing a new Amazon (AMZN) Prime rival. Apple (AAPL) is under pressure this morning after a research note from Counterpoint claimed iPhone sales in China fell 24% year-over-year in the first few weeks of 2024. It has been a rough start to the week internationally for the tech giant. Yesterday, the company was fined nearly $2 billion by EU antitrust regulators over app store rules surrounding music streaming. Yahoo Finance trending tickers include Tesla (TSLA), NIO (NIO), and MicroStrategy (MSTR). Key guests include:9 a.m. ET - Craig Johnson, Piper Sandler Managing Director9:40 a.m. ET - Michael Fiddelke, Target CFO and COO11:30 a.m. ET - Peter Beck, Rocketlab CEO
Target tops fourth-quarter earnings estimates, GitLab tumbles on weaker-than-expected fiscal-year guidance, and Tesla halts production at its factory in Berlin because of a power outage.