Coinbase Global Inc

Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
Technology

Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.

Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to […]

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Stocks making the biggest moves midday: Canada Goose, UnitedHealth, Target, Carter’s and more
Finance

Stocks making the biggest moves midday: Canada Goose, UnitedHealth, Target, Carter’s and more

Check out the companies making headlines in midday trading. Target — The big-box retailer fell 4% on disappointing first-quarter results . Target also cut its full-year sales outlook, partly blaming falling consumer sentiment and uncertainty about tariffs. Toll Brothers — The stock added 2.8% after the homebuilder beat on both the top and bottom lines […]

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Stocks making the biggest moves midday: Applied Materials, Novo Nordisk, Cava, Vistra and more
Finance

Stocks making the biggest moves midday: Applied Materials, Novo Nordisk, Cava, Vistra and more

Check out the companies making headlines in midday trading. Applied Materials — Shares of the semiconductor manufacturer dropped 6% after Applied Materials posted disappointing fiscal second-quarter revenue. The company’s revenue of $7.10 billion was below the LSEG consensus of $7.13 billion. Semiconductor revenue of $5.26 billion also disappointed the $5.31 billion analysts were looking for. […]

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Coinbase confirms user metric investigation, says it’s working with Trump’s SEC to resolve
World

Coinbase confirms user metric investigation, says it’s working with Trump’s SEC to resolve

The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Idrees Abbas | Sopa Images | Lightrocket | Getty Images Coinbase on Thursday confirmed the U.S. Securities and Exchange Commission has been investigating whether the crypto exchange has misstated its user numbers. The stock was last lower by […]

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Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more
Finance

Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more

Check out the companies making headlines in midday trading. Walmart — Shares of the big-box retailer dropped 1% after Walmart fell slightly short of first-quarter sales expectations and management warned that consumers could see higher prices caused by tariffs. Walmart reported revenue of $165.61 billion, while the consensus forecast was $165.84 billion, per LSEG. The retailer earned 61 […]

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CNBC Daily Open: Tame inflation in April banishes stagflation threat for now
World

CNBC Daily Open: Tame inflation in April banishes stagflation threat for now

People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images The U.S. Federal Reserve at its May 7 meeting warned that America is facing an increased risk of stagflation — a scenario in which the economy slows or contracts while inflation shoots up — […]

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Stocks making the biggest moves midday: Nvidia, Boeing, Coinbase, First Solar and more
Finance

Stocks making the biggest moves midday: Nvidia, Boeing, Coinbase, First Solar and more

Check out the companies making the biggest moves midday: Nvidia — The chipmaker jumped 6% following the announcement it will sell more than 18,000 of its artificial intelligence chips to Saudi Arabian company Humain to be used in the latter’s 500 megawatt data center. UnitedHealth Group — The insurance stock tumbled 16% to trade at […]

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Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion
Technology

Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase shares soared more than 20% on Tuesday and headed for their sharpest rally since the day after President Donald Trump’s election victory following the […]

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Stocks making the biggest moves before the bell: UnitedHealth, Rigetti Computing, Coinbase, Hertz and more
Finance

Stocks making the biggest moves before the bell: UnitedHealth, Rigetti Computing, Coinbase, Hertz and more

Check out the companies making headlines in premarket trading. UnitedHealth — Shares dropped 7% in the premarket Tuesday after the company announced it was suspending its 2025 outlook due to higher-than-expected medical expenditures. UnitedHealth also announced CEO Andrew Witty was stepping down, effective immediately, for personal reasons. Stephen Hemsley will replace Witty as chief executive. […]

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Coinbase confirms user metric investigation, says it’s working with Trump’s SEC to resolve
Finance

Coinbase joining S&P 500 days after bitcoin soared past $100,000

Key Points Coinbase is joining the S&P 500, replacing Discover Financial, which is being acquired. Shares of the crypto exchange soared in extended trading after the announcement. Bitcoin eclipsed the $100,000 market last week, approaching its record reached in January. Source

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