From Investing.com:

Last week saw Western stock markets reach new records, driven by strong corporate results and optimism around artificial intelligence. However, in the U.S., concerns arose over high inflation and producer prices dampening hopes for a rate cut. Despite this, the market remains positive with the upcoming earnings season, including Nvidia’s results on February 21. Bitcoin prices surged by 8% to $52,200, fueled by increased investments in Bitcoin Spot ETFs. Ether followed suit, surpassing Bitcoin in profitability with a 12% increase to $2,800. Investment banks like Goldman Sachs are optimistic, forecasting a record high for the index by year-end. NVIDIA’s earnings report is highly anticipated this week, with potential to impact the market.



Read more at Investing.com: Nvidia Needs a Perfect Landing to Avoid a Selloff