Coinbase Global Inc
Stocks making the biggest moves midday: Novo Nordisk, Mission Produce, Occidental Petroleum and more
Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked stocks — Shares of MicroStrategy , […]
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Stocks making the biggest moves premarket: Novo Nordisk, FedEx, Nike, Starbucks, MicroStrategy and more
Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx – Shares jumped 8.5% after FedEx announced […]
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Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to […]
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How bitcoin views are evolving among corporate America’s cash managers: CNBC CFO Council Survey
In recent months, billionaire bitcoin investor Michael Saylor tried to convince Microsoft to use some of its more than $78.42 billion in cash and cash equivalents on its balance sheet to buy bitcoin. The strategy has been a lucrative one for Saylor and the company he co-founded, MicroStrategy. The company’s stock price has risen more […]
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Trump’s pick to lead NASA made a big bet on crypto while going to space on the side
Jared Isaacman, Mission Commander, steps out of the manned Polaris Dawn mission’s “Dragon” capsule after it splashed down off the coast of Dry Tortugas, Florida, after completing the first human spaceflight mission by non-government astronauts of the Polaris Program. – | Afp | Getty Images President-elect Donald Trump’s pick to run NASA, Jared Isaacman, is […]
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Stocks making the biggest moves midday: Nvidia, Broadcom, MicroStrategy, Super Micro Computer and more
Check out the companies making headlines in midday trading: Nvidia — Shares slipped roughly 2%, putting the artificial intelligence chipmaker officially in correction territory after tumultuous trading over the past month. MicroStrategy — The bitcoin proxy stock rose more than 6% after Nasdaq announced MicroStrategy will be added to the tech-heavy Nasdaq-100 index . This […]
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Bitcoin rises to new record above $106,000 as investors await this week’s Fed decision
Omar Marques | LightRocket | Getty Images Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by more than 4% at $105,207.00, according to Coin Metrics. Earlier, it hit a new […]
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Cryptocurrencies rally, with bitcoin retaking $100,000 following November inflation data
The crypto market jumped Wednesday, following two days of digestion after bitcoin rallied to $100,000 for the first time ever last week. The price of the flagship cryptocurrency was last higher by 4.8% at $101,052.72, according to Coin Metrics. Ether also rose 4% but has not reclaimed its key resistance at $4,000. The CoinDesk 20 […]
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MicroStrategy leads crypto stocks higher after bitcoin tops $100,000 for the first time
The Coinbase and bitcoin logos are displayed on a phone screen in San Anselmo, California, on Feb. 15, 2024. Justin Sullivan | Getty Images Cryptocurrency-related stocks popped in premarket trading Thursday after the price of bitcoin soared above $100,000 for the first time overnight. MicroStrategy surged 6.1%, while Robinhood Markets and Coinbase Global climbed 4.3% […]
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Britain wants to take the U.S. on as a global crypto hub — but the industry has its doubts
A visual representation of the digital Cryptocurrency, Bitcoin, displayed on December 23, 2017 in Paris, France. Chesnot | Getty Images LONDON — Britain is making a fresh pitch to become a global crypto hub, but faces a tough road ahead amid criticism from local entrepreneurs and U.S. competition under President-elect Donald Trump. Britain’s Labour government has […]
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