Coinbase jumps 14% right after federal securities fit dismissed

Coinbase jumps 14% right after federal securities fit dismissed


Critical Factors
  • Coinbase shares surged immediately after a Manhattan federal choose dismissed a class-action match against the crypto exchange.
  • The complaint claimed Coinbase engaged in the unregistered sale and offering of securities and experienced failed to sign up as a New York state broker-vendor.
  • The decide ruled that the plaintiffs experienced failed to build their claims and that Coinbase’s promoting efforts did not represent solicitation.



Supply

JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes
Finance

JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes

Key Points JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. Source

Read More
Stocks making the biggest moves premarket: Mobileye, GameStop, Chevron & more
Finance

Stocks making the biggest moves premarket: Mobileye, GameStop, Chevron & more

Check out the companies making headlines before the bell: Mobileye — The self-driving systems stock jumped about 11% after the company said it would buy humanoid robot maker Mentee for $900 million. GameStop — Shares rose 2% after the company unveiled its compensation package for CEO Ryan Cohen that included objectives to grow the videogame […]

Read More
Venezuela could be sitting on a big Bitcoin stash, experts say. Here’s what could happen next
Finance

Venezuela could be sitting on a big Bitcoin stash, experts say. Here’s what could happen next

Signage for Bitcoin cryptocurrency in Hong Kong, China, on Wednesday, Nov. 26, 2025. Lam Yik | Bloomberg | Getty Images Following President Nicolás Maduro’s deposition last weekend, all eyes are on Venezuela and its vast oil reserves. But there’s another resource Maduro’s regime is believed to have had in abundance – an asset that, if […]

Read More