News & Updates

↘️ Coinbase (COIN): Shares in the cryptocurrency exchange fell 6% after the company said customer data was stolen and held for ransom. ↘️ Apple (AAPL): Shares edged down after President Trump said he had upbraided CEO Tim Cook for exporting iPhones to the U.

Coinbase Global stock dropped Thursday after the cryptocurrency exchange reported it was the victim of a data breach that could cost up to $400 million. Coinbase revealed the cyberattack in a filing to the Securities and Exchange Commission on Wednesday, saying the company received a message on May 11 from someone credibly claiming to have internal corporate materials and information about some customer accounts. Breached data included names and contact information, partial Social Security and bank-account identifiers, government identification images, and some corporate and account data.

Investors are right today. This stock is a sell.

Nvidia-backed AI company Coreweave has signed an additional agreement with OpenAI under which the ChatGPT maker has committed to pay Coreweave up to $4 billion through April 2029, a regulatory filing showed on Thursday. Coreweave said on a post-earnings call on Wednesday it had signed a $4 billion expansion with an AI enterprise, but did not name the company.

CoreWeave stock fell after the company reported Q1 revenue that beat estimates but predicted higher-than-expected 2025 capital spending.

The cryptocurrency exchange estimated preliminary expenses of $180 million to $400 million for remediation costs and voluntary customer reimbursements.

Shares of healthcare providers tumbled Thursday on a report UnitedHealth Group is being investigated by U.S. officials over possible fraud.

KOD reports a wider-than-expected loss for the first quarter of 2025. The company provides updates regarding its pipeline development plans.

Better pricing, product redesigns, technological advancements and improving inflation are expected to aid multiline insurers like MET, AIG, PFG, EG and AIZ.

CE announces its intention to divest its Micromax portfolio as a part of its cash generation efforts.