Coinbase earnings, PPI data, mortgage rates: What to Watch
Market Domination Overtime anchors Julie Hyman and Josh Lipton preview tomorrow's key market events on Thursday, February 13. The morning session features earnings from agricultural equipment giant Deere & Company (DE) and utility provider Duke Energy (DUK). After the closing bell, results from semiconductor equipment maker Applied Materials (AMAT), cybersecurity leader Palo Alto Networks (PANW), vacation rental platform Airbnb (ABNB), and cryptocurrency exchange Coinbase (COIN) will take center stage. On the economic calendar, the Producer Price Index (PPI) release will provide fresh insights into inflation trends. Economists expect core PPI to edge higher in January, coming in at 0.2%. Additionally, Freddie Mac's weekly mortgage rate report will be released as rates hover just under 7%. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith