News

The Consumer Price Index (CPI) rose by 2.8% year-over-year in February, marking a slight moderation compared to January's 3% increase. While some categories like TVs and Sporting Goods saw price declines, others like Appliances and Pet Food experienced increases, suggesting that inflationary pressures may be easing.

UiPath shares plummeted 14% after the company reported lower-than-expected revenue guidance for the first quarter, despite exceeding earnings estimates for the fourth quarter. Investors reacted negatively to the weaker outlook, overshadowing the company's progress in AI-driven automation and acquisitions.

DocuSign exceeded analyst expectations in its fourth quarter, reporting revenue of $776.3 million and adjusted earnings per share of 86 cents. The company's strong performance was driven by continued growth in subscription revenue and billings, as well as the launch of its AI-powered agreement management platform, DocuSign IAM.

Weibo's fourth-quarter revenue decreased slightly by 1% year-on-year to $456.83 million, surpassing analysts' expectations, while user engagement metrics remained stable. Despite a decline in advertising revenue, value-added services and membership growth were positive, and the company announced an annual dividend payout of $200 million.

ProShares UltraPro QQQ (TQQQ) fell significantly on Thursday due to increased concerns over a potential escalation of trade tariffs with the EU, overshadowing positive economic data. The threats related to tariffs caused widespread market downturns, increasing demand for safe-haven assets like gold.