Latest News

Internet security and content delivery network Cloudflare (NYSE:NET) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 26.5% year on year to $479.1 million. The company expects next quarter’s revenue to be around $500.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.16 per share was in line with analysts’ consensus estimates.

Blockchain infrastructure company Coinbase (NASDAQ:COIN) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 24.2% year on year to $2.03 billion. Its non-GAAP profit of $1.94 per share was 0.7% above analysts’ consensus estimates.

Trade talks are in focus, ahead of negotiations between U.S. and Chinese officials, which will begin in Switzerland this weekend.

JPMorgan lowered its price target on Coinbase to $215 from $276 and kept a ‘Neutral’ rating on the shares, as per TheFly.

The analysis aims to provide valuable insights into market trends and potential opportunities.

Analysts maintain Buy rating & $25 price forecast for Hut 8 Corp. despite weak Q1 results. Shift to American BTC mining & HPC pipeline updates cited.

Shares of Clover Health have surged 8.7% this week. The company reported Q1 results that highlighted rising profitability.

Local governments sue the Trump administration over the abrupt termination of $11 billion in CDC pandemic preparedness grants, alleging violations of federal law and the Constitution.

Corvus announced new interim data from its Phase 1 clinical trial evaluating Soquelitinib in patients with moderate to severe atopic dermatitis.

MARA Holdings, Inc. (NASDAQ:MARA) and CleanSpark, Inc. (NASDAQ:CLSK) shares are trading volatile on Friday amid worse-than-expected financial results on Thursday after t

Apple Inc developing new chips for smart glasses, intensifying rivalry with Meta's Ray-Ban glasses. Chips to control glasses' cameras & release by 2026-27.

Toast reported earnings on Thursday after the market closed.