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The French luxury group reported better-than-expected sales on Friday, pushing its market cap above 300 billion euros for the first time.

With Apple CEO Tim Cook teasing a new product launch Wednesday, analysts have speculated a new lower-cost iPhone model could soon hit store shelves.

After three cuts to its key interest rate last year, Federal Reserve officials, led by Chair Jerome Powell, have signaled that they are in a new phase of watching and waiting. One of those officials, Austan Goolsbee, is president of the Fed’s Chicago branch. If tariffs don’t worsen inflation, rate cuts could resume, he added.

The cryptocurrency Dogecoin (CRYPTO:DOGE) is trading higher on Friday. The gain comes as the S&P 500 gained 0.4% and Bitcoin gained 2.5%. The upward move was driven by the Securities and Exchange Commission's (SEC) announcement that it had received an application from the asset manager Greyscale to create a Dogecoin exchange-traded fund (ETF).

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Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% goal in coming months, the U.S. central bank should not necessarily reduce short-term borrowing costs in response. "I think there's a real question about how restrictive monetary policy is right now," Logan said at a banking conference hosted by Southern Methodist University in Palm Desert, California. And, Logan signaled, it remained far from clear if inflation will indeed cool in the near term, noting a pattern in recent years of higher inflation at the start of the year, when companies typically tend to implement price increases.

Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.

Intel stock notched a 23% weekly gain, the biggest in more than two decades.

Airbnb CEO Brian Chesky said people use the app once or twice a year. He wants to raise that to once or twice a week.

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