Coinbase reported fourth-quarter earnings that beat analyst estimates after the bell on Thursday. Shares bounced around after the report. They were down about 5% in extended trading by the end of executives’ call with analysts. Here are the key numbers:
Federal regulators are suing to block UnitedHealth Group’s purchase of technology company Change Healthcare, a deal they fear will put too much health care claims information in the hands of one company. The U.S. Department of Justice...
The new CEO of Peloton told CNBC’s Jim Cramer on Wednesday he’s examining the price of the company’s connected fitness products, as part of an overall effort to grow its customer base and revenues. The comments from Peloton’s Barry McCarthy came in an interview on “Mad Money,” his first TV...
Shares of eBay slid as much as 11% in extended trading Wednesday after the online marketplace posted its fourth-quarter earnings and gave guidance for the first quarter that fell short of Wall Street’s expectations. Here’s how the company did versus Refinitiv consensus expectations for the quarter: EPS: $1.05 per share ex-items, versus 99 cents expected ...
An armed clash between Ukraine and Russia, coupled with punishing sanctions for Moscow, could push U.S. stocks toward another major loss, according to Goldman Sachs economists. The S&P 500 entered correction territory Tuesday, down 10% from its last peak, as investors weighed the conflict and fresh U.S. and U.K. sanctions...
The White House says Americans should expect higher energy prices as a result of Russian President Vladimir Putin's invasion of Ukraine and sanctions levied against Moscow. Asked Tuesday whether Americans "should expect higher gasoline prices," White House press secretary Jen Psaki said, "Yeah, energy prices, exactly." "That's what we want the...
As telecommunications giants start ramping up their 5G service, AT&T will be the first to officially shut down its 3G network on Tuesday. FOX Business provides a roundup of everything you need to know about AT&T's 3G...
U.S. oil prices were nearing $100 per barrel Tuesday as stocks, in a choppy session, fell across the board on Tuesday as investors weighed President Biden's sanctions against Russia following Vladimir Putin's ordering of troops into separatist regions of eastern Ukraine.
U.S. consumer confidence fell to a five-month low month in February, with fewer consumers planning to purchase homes, automobiles and go on vacation over the next six months amid concerns about the short-term economic outlook. The survey...
Elon Musk is escalating his war of words with the Securities and Exchange Commission, accusing the agency of “leaking” information from a federal investigation in retaliation against him for his public criticisms. The accusation is contained in...
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