News

Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 7.4% in the morning session after the company agreed to be acquired by Sycamore Partners for $10 billion. The acquisition price represents a roughly 8% premium to the stock's trading price a day before the news was public.

Shares of medical device company CooperCompanies (NASDAQ:COO) fell 8.1% in the pre-market session after the company reported weak fourth quarter results: revenue missed, which is never a good sign. EPS was in line while the company reiterated full-year sales guidance. Markets typically reward companies that beat and raise guidance. Overall, the results could have been better.

Shares of internet of Things company Samsara (NYSE:IOT) fell 14% in the morning session after the company reported weak fourth quarter results: its billings missed, and its full-year revenue guidance only met expectations. On the other hand, Samsara's optimistic full-year EPS guidance blew past analysts' expectations. In addition, its revenue, EPS, and EBITDA outperformed Wall Street's estimates. Overall, this quarter had some key positives. The stock's reaction suggested markets focused on the

After a brief bout of optimism in early January, almost every top cryptocurrency is now down for the year. If you are feeling confused by all the volatility in the crypto market right now, there are three coins that should be on your radar: Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP). Combined, they can offer a lot of clues about where crypto is headed next.

U.S. equities fell at midday on continued worries about the impact of Trump administration tariffs plus a weaker-than-anticipated report on February job creation.

An official said Trump was "just giving five examples" of cryptocurrencies that could theoretically be in a crypto stockpile.

Senior officials of the administration of U.S. president Donald Trump said in a media briefing on Friday that they view bitcoin as deserving "special treatment" as the White House forges ahead with plans to create stockpiles of digital assets. Trump signed an executive order on Thursday creating a strategic bitcoin reserve that the officials described as "a digital Fort Knox for digital gold." Fort Knox is the United States Bullion Depository, traditional home of a large part of the country's gold reserves, which takes its name from the nearby U.S. Army installation.