Coinbase (COIN) earned $718.7 million in the third quarter when Wall Street expected a loss. The same filing revealed that its CEO, a co-founder, and its president plan to sell up to 13.6 million shares over the next 14 months.
Those plans cover...
Semiconductor stocks Micron Technology (MU) and SanDisk (SNDK) rallied on Wednesday, rising 5.86% and 7.66%, respectively. SK Hynix sparked the move by forecasting that memory demand could outpace supply through 2030.
The gains came as Nvidia and...
Microsoft shares rose 4.7% in after-hours trading on Wednesday after the company beat forecasts and spent less than Wall Street expected. Capital spending came in at $39.37 billion, against a $45.93 billion estimate.
Elsewhere in Big Tech, investors...
Alphabet shares fell 7.79% in after-hours trading on Wednesday, even as Google Cloud sales more than doubled to $30.7 billion. Spending more than doubled too.
The Google parent spent $51.4 billion on data centers and other capital projects in three...
The post VRT Stock Rises as Vertiv Reports 61% Revenue Growth appeared first on Coinpedia Fintech News
Vertiv Holdings Co. reported strong third-quarter 2026 results, with net sales rising 61% year over year to $4.31 billion. The company also...
Alphabet (GOOGL) stock trades below its 200-day moving average by the widest margin in 17 months, Barchart data show. AI spending fears pushed shares near $317 ahead of Wednesday’s third-quarter (Q3) earnings.
Wall Street sees a different picture....
The post UPS Stock in Focus After UPS Q3 2026 Earnings Report appeared first on Coinpedia Fintech News
UPS stock is in focus after the company reported third-quarter 2026 results, with revenue growing 6.7% year over year while adjusted earnings per...
The post SoFi Stock Rises 12% as SoFi Earnings Beat Estimates appeared first on Coinpedia Fintech News
SoFi Technologies (SOFI) reported strong third-quarter 2026 earnings, beating Wall Street expectations for both revenue and adjusted earnings per...
Big tech earnings arrive this week, with Microsoft, Alphabet, and Amazon all releasing quarterly reports.
In their latest quarters, Google Cloud grew 82%, Azure 42%, and Amazon Web Services (AWS) 37%, while all three spent heavily on AI...
