Author: franperez66q@protonmail.com
Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies’ major revenue drivers — spot trading in digital assets .Here’s how Coinbase performed in its quarter ended March 31, compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.49 loss vs. 27 cent profit (estimated)Revenue: $1.41 billion vs. $1.52 billion (est.)Coinbase shares were recently down 4% in postmarket trading.The company, which operates the largest cryptocurrency marketplace in the U.S., posted transaction revenue of $755.8 million versus $805.2 million expected by analysts. Subscription revenue came in…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025.Brendan Smialowski | Afp | Getty ImagesFrench cybercrime authorities have escalated an investigation of Elon Musk and his social network X to a criminal probe, the Paris prosecutor’s office said Thursday. Musk and former X CEO Linda Yaccarino were issued summons by French authorities for April 20. Both of them declined to appear and answer questions, according to the prosecutor’s office.In February, Musk called the probe a “political attack,” after French authorities…
Michael Intrator, co-founder and chief executive officer of CoreWeave Inc., at the Bloomberg Tech summit in London, UK, on Tuesday, Oct. 21, 2025. Chris J. Ratcliffe | Bloomberg | Getty ImagesCoreWeave reported revenue for the first quarter on Thursday that topped analysts’ estimates. The stock slipped after hours.Here’s how the company did in comparison with LSEG consensus:Earnings per share: Loss of $1.40. That figure may not be comparable to estimates.Revenue: $2.08 billion vs. $1.97 billion expectedRevenue more than doubled in the quarter, from $981.8 million a year earlier, according to a statement. Net loss widened to $740 million from $315…
What are Barclays’ top semiconductor picks? Source link
As noted earlier, Mozilla’s characterization of AI-assisted vulnerability discovery as a game changer has been met with massive, vocal skepticism in many quarters. Critics initially scoffed when Mozilla didn’t obtain CVE designations for any of the 271 vulnerabilities. Like many developers, however, Mozilla doesn’t obtain CVE listings for internally discovered security bugs. Instead, they are bundled into a single patch. Normally, Bugzilla reports detailing these “rollups” are hidden for several months after being fixed to protect those who are slow to patch. Now that Mozilla has revealed a dozen of them, the same critics will surely claim they too were…
U.S. President Donald Trump speaks to reporters as he departs the White House in Washington, D.C., U.S., May 1, 2026. Kevin Lamarque | ReutersIran is “currently reviewing” messages from the U.S. that it received via Pakistani mediators, but it has yet to reach a conclusion or deliver a reply, an Iranian official said Thursday, state media outlets reported.The comments attributed to Iran’s Ministry of Foreign Affairs spokesman Esmaeil Baqaei came one day after Axios and other outlets reported that the U.S. and Iran were nearing a 14-point memorandum of understanding to end the war and tee up further nuclear talks.President…
Canadian Solar stock may move 11% on earnings next week Source link
Shivon Zilis, former board member of OpenAI Inc., arrives at the federal court in Oakland, California, US, on Wednesday, May 6, 2026. David Paul Morris | Bloomberg | Getty ImagesThe high-stakes trial in Elon Musk’s lawsuit against OpenAI CEO Sam Altman will conclude its second week of proceedings on Thursday.Musk’s attorneys called several witnesses to the stand over the course of the week, including OpenAI President Greg Brockman and Shivon Zilis, who served on the startup’s board and has a close personal and professional relationship with Musk. A number of other executives, including Altman and Microsoft CEO Satya Nadella, could…
Even as numerous international consumer brands shrink their footprints in China, McDonald’s is bucking the trend thanks to consumers like Yue Ma.Over the May Day holidays, Yue showed up at the U.S. fast food giant’s newly opened McDonaldland store in Beijing’s Chaoyang Park — one of the few stores countrywide that reintroduced the chain’s classic strawberry and vanilla milkshakes on May 1.The businessman, who was born in the 1980s, told CNBC he came not only for the shake, but also the childhood memories.”McDonald’s left a great first impression for those eating Western fast food for the first time,” he said.…
Bank of America forecasts US April CPI at 0.5% on energy surge Source link