- Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.by Bill Peters on May 3, 2024 at 3:04 am
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.
- RBA’s policy options are running short, says JBWereon May 3, 2024 at 2:24 am
With inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further increases now looking likely, a leading forecaster says.
- Forget AI. Apple’s plan to restore confidence is a $110 billion stock buyback.by Therese Poletti on May 3, 2024 at 12:50 am
It’s been a rough year, but Apple shows confidence in itself and investors approve — for now.
- Fortinet’s stock falls 8% after cybersecurity company’s quarterly billings dropby Claudia Assis on May 3, 2024 at 12:28 am
Shares of Fortinet Inc. fell 8% 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.
- Amgen ‘very encouraged’ by preliminary data from weight-loss-drug trial, as stock jumpsby Claudia Assis on May 3, 2024 at 12:26 am
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted earnings above expectations and executives said they are “very encouraged” by preliminary data from a trial of an injectable weight-loss drug.
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