Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump’
“We are a multiproduct business,” Coinbase CEO Brian Armstrong said after his company released its Q4 earnings.
“We are a multiproduct business,” Coinbase CEO Brian Armstrong said after his company released its Q4 earnings.
Major U.S. equity indexes were mixed and little changed at midday Friday after a report showed a larger-than-expected decline in U.S. retail sales.
The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
DraftKings shares soared Friday after the online sports betting platform topped profit estimates and boosted its revenue outlook as it added customers and benefited from its purchase of rival Jackpocket.
Intel early Friday was on track to notch its best weeklong stretch in nearly 40 years before the rally sputtered.
The Moscow Exchange index surged the day after news emerged that Trump and Putin had spoken for more than an hour about the Ukraine war.
(Bloomberg) -- Chinese stocks in Hong Kong extended a recent rally as the nation’s growing capabilities in artificial intelligence boosted optimism over the market’s outlook, while a potentially momentous show of support for the private sector gave sentiment an extra lift. Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterC
Locomotive builder Wabtec’s shares declined despite fourth-quarter revenue and profit increases. The post Wabtec’s earnings and outlook disappoint Wall Street appeared first on FreightWaves.
Top asset manager BlackRock said on Friday it has changed the way Chairman and CEO Larry Fink will be compensated to reflect the company's recent expansion into private markets, which Fink spearheaded last year. BlackRock, whose assets grew to $11.6 trillion last year, said in a U.S. Securities and Exchange Commission filing it has included "carried interest" in Fink's compensation, an executive incentive paid in the alternative asset management industry consisting of a share of the profits that funds generate.