Heading into a new trading week, here is a quick roundup of the top five stories from the sports, cryptocurrency and corporate sectors that investors would not want to miss out on from the weekend.
- Los Angeles Rams became the Super Bowl champions for the second time in their history after defeating the Cincinnati Bengals 23-20.
- Coinbase Global Inc.’s (NASDAQ:COIN) Super Bowl ad — which featured a bouncing QR code placed in front of a black background — went viral, but it crashed the cryptocurrency exchange’s app.
- McDonald’s Corp. (NYSE:MCD) revealed its Super Bowl commercial on Sunday evening that disappointed many in the Dogecoin community, who were hopeful it would feature the meme coin.
- Shares of Alibaba Group Holding Limited (NYSE:BABA) and other U.S.-listed Chinese tech companies tumbled in Hong Kong on Monday, amid worries about a surge in COVID-19 infections in Hong Kong and a potential Russian invasion of Ukraine.
- Goldman Sachs analysts have cut their year-end target for the benchmark S&P 500 Index to 4,900 points from 5,100 points previously, amid worries the Federal Reserve will increase interest rates more aggressively to combat elevated inflation.
- What Else: Among other stories from the weekend, investors would want to check out the EV week in review, why Apple Inc. (NASDAQ:AAPL) is hiking pay for its retail workers, and which movie topped the U.S. weekend box office.
While it’s Valentine’s Day on Monday, investors may also take a look at the 10 weirdest love songs of all time.
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