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Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. Elevated costs have come with it.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.
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Fortinet’s stock falls 9% after cybersecurity company’s quarterly billings drop
Shares of Fortinet Inc. fell 9% in the extended session Thursday after the cybersecurity company reported a better-than-expected first quarter and guidance that went beyond Wall Street forecasts, but billings were slightly off the mark.
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Mall giant Macerich likely to start defaulting on maturing loans, says Barclays
The Federal Reserve’s extended period of higher interest rates is hitting home for mall owners with maturing debt.
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May is usually a good time to buy Treasurys. Why investors may want to disregard this seasonal noise.
One of Wall Street’s oldest adages — “sell in May and go away” — has tempted stock-market investors into dumping equities this month and returning to the market in November. The opposite of this seasonal pattern exists in the U.S. government-debt market.
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The stock market is becoming a picnic for the bears
Failed rallies, oil-price weakness and strong sell-signals.
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Sony and Apollo make $26 billion cash offer for Paramount: report
Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global.
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Regeneron’s stock climbs 4% as analyst look past earnings miss to focus on pipeline
Regeneron Pharmaceuticals’ stock reversed early losses to trade higher on Thursday, as analysts looked beyond a first-quarter earnings miss to focus on some of the biotech’s pipeline products.
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Options traders ‘did not take Powell completely at his word’ on unlikely chance of a rate hike
Options traders continue to price in the decent possibility of another Fed rate hike, despite Jerome Powell calling such a move ‘unlikely.’
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Beat Warren Buffett’s portfolio with this golden pick
Gold is not considered a respectable investment in polite circles, but maybe it should be.
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Here’s the key that could unlock the U.S. housing market for buyers and sellers
What if you could take your existing mortgage with you to a new house?