Wall Street has experienced a broadly positive day, marked by a resilient rally that has added over $1 trillion in market value. This surge in investor confidence is primarily driven by a confluence of strong corporate earnings, sustained momentum in the technology sector, and a perceived easing of anxieties related
Coinbase Global In (NASDAQ:COIN) announced on Friday it is integrating decentralized exchange (DEX) trading into its main app, significantly expanding asset availability for users.
Thursday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) fell 5.4% in the afternoon session after the company announced a plan to offer $2 billion in convertible senior notes. The private offering consisted of two $1 billion tranches, due in 2029 and 2032, directed at qualified institutional buyers. Investors reacted to the potential for future dilution. Dilution happens when a company issues new shares, which can decrease the ownership percentage of existing stockholders. The news extended weakness from the company's recent quarterly results, which showed a slowdown in trading activity.
The second-quarter earnings season for 2025 is drawing to a close, revealing a complex and often contradictory landscape for Corporate America. While some sectors, particularly technology, have demonstrated remarkable resilience and growth, others have faced significant headwinds, painting a picture of a "mixed bag" amidst persistent market volatility. This period
San Diego-based MEI Pharma (NASDAQ:MEIP) has acquired 929,548 Litecoin (CRYPTO: LTC) tokens, becoming the first U.S.-listed public company to adopt Litecoin as its
