Market News

Market

Coinbase Shares Tumble Over 8% After-Hours Following Disappointing Q2 Revenue Report

Coinbase Global Inc. shares dropped over 8% in after-hours trading after reporting Q2 revenues below analyst estimates, with total revenue at $1.5 billion.

Market

Reddit's Stellar Q2 Performance: Shares Soar 13% as Revenue Surges 78% Beyond Expectations

Reddit Inc. shares surged 13% after reporting a 78% year-over-year revenue increase to $500 million in Q2, far exceeding analyst expectations of $425 million.

Market

Tech Titans Propel Nasdaq 100 to Unprecedented Heights Amid Inflation Concerns

The Nasdaq 100 reached a historic high, driven by strong tech earnings from Microsoft and Meta, despite higher inflation data. Nvidia also set a record, with the market showing res...

Market

eBay Soars 13% in Premarket Trading After Stellar Q2 Earnings Report

eBay Inc. shares jumped 13% in premarket trading after reporting a 6% revenue increase to $2.7 billion and a 63% surge in net income for Q2 2025, with optimistic forecasts for Q3.

Market

EURO STOXX 50 and CAC 40 Suffer Significant Losses Amid Mixed Earnings Reports and Economic Indicators

European markets closed lower as mixed corporate earnings and flat inflation data across major economies failed to boost investor sentiment, with significant drops in the EURO STOX...

Market

Ferrari's Stock Plummets Over 10% Following Disappointing Q2 Financial Results

Ferrari NV's stock fell over 10% after its Q2 2025 financial results missed revenue and earnings per share estimates, with revenues at €1.78 billion and EPS at €2.38.

Market

Microsoft Makes History: Surpasses $4 Trillion Market Value Amid AI and Cloud Boom

Microsoft achieves a historic $4 trillion market capitalization, driven by strong Azure cloud growth and AI demand, despite previous layoffs. The tech giant's stock rose over 5.61%...

Market

Arm Holdings Plummets 11% Amid Disappointing Guidance and Bold Chip-Making Venture

Arm Holdings shares fell more than 11% after reporting lower-than-expected Q2 guidance and a dip in Q1 net income. The company's plan to invest in chip development has raised conce...