Money
Sleepover at IKEA: dozens stranded amid snowstorm in Denmark
Two dozen staff and six customers were forced to stay the night at IKEA as up to 30 centimetres of snow trapped them inside
A furniture showroom in the department store in Aalborg, Denmark, became the bedroom of several people who were unable to safely make it home in time amidst a strong snowstorm.
Store Manager Peter Elmose told the Ekstra Bladet tabloid that people could “pick the exact bed they always have wanted to try.”
People working in a toy shop next door also took to the department store to join in on the fun.
Michelle Barrett, one of the toy shop staff, told Denmark’s public broadcaster, DR, “it’s much better than sleeping in one’s car. It has been nice and warm and we are just happy that they would let us in.”
“We just laughed at the situation, because we will probably not experience it again,” she added.
Another approximate 300 people had to stay the night at the Aalborg airport to keep out of the storm.
According to Euronews, the IKEA sleepover consisted of feasting on chips and Swedish cinnamon rolls in the staff canteen before watching television.
“It was a really nice evening, enjoying each other’s company,” Elmose told AFP.
“Everyone had a full night’s sleep, our mattresses are good.”
And when the shop reopened for business the next morning, all the bedding and sheets had of course been changed.
This comes after 61 people were trapped in a Yorkshire pub for three nights last week.
The several people trapped in the Tan Hill Inn during the storm slept on makeshift beds on the floor, watched movies, had a quiz night and enjoyed a buffet meal.
Some guests even claimed they didn’t want to leave the the pub after enjoying the 17th century hotel’s hospitality.
Money
RBA rate shock: ASX200, Gold and Crypto market
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.
Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.
We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook
Money
Dow hits record while tech stocks drive market gains
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.
Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.
Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
Tech stocks slide as investors rotate into small-cap and value plays
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.
Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.
Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
News4 days agoU.S. ramps up Cuba aid as energy crisis deepens
-
Tech4 days ago
OpenAI and Anthropic launch faster, smarter AI tools for enterprise coding
-
News4 days ago
SpaceX expands Starlink with phone plans and satellite tracking ambitions
-
Ticker Views4 days ago
Rebuilding Gaza: Lessons from the Phoenix Plan
-
Money4 days ago
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
-
Ticker Views1 day ago
Israeli President Herzog visits Australia amid rising antisemitism
-
Money4 days ago
Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns
-
Tech1 day ago
Claude AI is transforming software engineering and productivity
