The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.
Coinbase Global Inc.’s stock fell 3.6% in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.
Shares of Trump Media & Technology Group fell more than 22% Wednesday.
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings conference calls.
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.
Online used-car platform blows past Wall Street expectations for its third quarter.
