Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has plunged by 68% from its all-time high. Coinbase business deteriorated in the fourth quarter The COIN stock price remained under pressure after
Kalshi is moving into the sports insurance sector through a partnership with specialist broker Game Point Capital, signalling a shift in how insurers hedge financial exposure tied to sports performance. The regulated prediction market exchange is positioning itself within a fast-growing industry valued at around $9 billion annually and expected to double by 2030. The
US consumer price inflation eased more than expected in January, offering markets some relief, but signs of firm underlying price pressures, along with a strong jobs report has reinforced the view that interest rates are likely to stay unchanged for now. Data from the Labor Department showed consumer prices rose 2.4% in the 12 months
US stock index futures were little changed on Tuesday morning after the Dow Jones Industrial Average set another all-time high in the previous session, as investors balanced recent market momentum against a busy week of economic data and corporate earnings. Dow futures rose 11 points, or about 0.02%. S&P 500 futures gained 0.013%, while Nasdaq
Uber closed the year with revenue that exceeded market expectations, underlining steady demand across its ride-hailing and delivery businesses even as investors focused on softer profitability and cautious near-term signals. The fourth-quarter report shows how Uber is increasingly relying on delivery, subscriptions, and platform expansion to balance its core mobility business, while positioning itself for
Yum Brands ended the final quarter of the year with results that reflected a widening performance gap across its restaurant portfolio. Strong demand at Taco Bell and steady international growth at KFC helped lift revenue beyond expectations, but earnings came in below forecasts and Pizza Hut continued to weigh on overall results. The quarter highlighted
Precious metals experienced a sharp decline in price on Thursday, with both gold and silver falling amidst a broad market sell-off. This pressure was driven by the dollar’s rise to almost a two-week high and indications of a relaxation in US-China trade tensions. Silver lost 10% since its last close as prices plunged below $74
ArcelorMittal closed the final quarter of 2025 with results that exceeded market expectations, reinforcing signs of a recovery taking shape across Europe’s steel industry. The Luxembourg-headquartered group reported stronger core profit as steadier demand outside China, combined with regulatory support in Europe to improve trading conditions. Earnings beat underpinned by resilient performance ArcelorMittal reported earnings
A burst of social media posts urging users to pull funds from Binance briefly rattled crypto markets this week, reviving familiar anxieties about exchange risk. The episode followed a short withdrawal pause that lasted about 20 minutes and quickly became a flashpoint on X. Yet behind the noise, Binance said activity on its on-chain addresses
A political and crypto-linked controversy has emerged in Washington after reports that a UAE royal–connected group invested $500 million in World Liberty Financial, a crypto project linked to the Trump family. The investment has triggered a congressional investigation led by US Representative Ro Khanna, who is examining whether the deal raises conflict-of-interest or national security