Coinbase stock is surging
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U.S. stocks rise as inflation slows and tech shares surge. AI stocks lead gains, while tariffs and Fed policy keep investors cautious.
Most US stocks climbed on Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.
The crypto exchange cited a drop in crypto prices as a result of U.S. President Donald Trump’s tariff policy and macroeconomic uncertainty as the reason behind the weak quarter.
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Cryptopolitan on MSNCoinbase joins the S&P 500 with goals of dominating Wall StreetCoinbase is getting pulled into the core of traditional finance. On Monday, the company was picked to join the S&P 500, replacing Discover Financial
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The crypto exchange's broadening product suite and dominant U.S. market position set it up well for the long term, many analysts said.
Shares of cryptocurrency exchange Coinbase (COIN) experienced a significant surge in after-hours trading on Monday following the landmark announcement that the company will be added to the prestigious S&P 500 stock index.
FedEx inks deal with Amazon to fill delivery gaps left by UPS. Samsung launches ultra-thin Galaxy S25 Edge as Apple reportedly prepares iPhone Air. Coinbase to join S&P 500 index.
Coinbase shares fell as first-quarter revenue came in shy of Wall Street's expectations, despite the growth in stablecoin revenue.In the quarter ended March 31, Coinbase earned $65.6 million, or 24 cents per share,
CEO Brian Armstrong added that Deribit’s acquisition is his company’s “biggest move yet” to expand internationally.
Tariffs-related price gains likely will show up in the data.These stocks were poised to make moves Tuesday:UnitedHealth was falling 6.7% as the health insurer named Stephen J. Hemsley as its CEO, following Andrew Witty’s decision to step down as chief executive for personal reasons,