Coinbase missed Wall Street's expectations for the third straight quarter — and the stock sank

Revenue fell to $1.2 billion, below Wall Street's $1.3 billion forecast, as a crypto market downturn weighed on trading activity

The U.S. stock market is swerving between gains and losses, as Wall Street’s wild July remains rocky

Prices have already risen across products in response to chip crisis

Crypto exchange Coinbase logs third straight quarterly loss on trading slowdown  Reuters

Lackluster earnings and revenue projections dimmed investor confidence in CEO Mark Zuckerberg’s AI vision.

Coinbase's Thursday report marked its third straight quarter missing Wall Street's forecasts for revenue and earnings.

Strong iPhone sales propel Apple’s fiscal Q3 results past Wall Street’s expectations  Toronto Star

The company recently raised prices on a number of products because of component supply shortages caused by the artificial intelligence boom.

Smartphone revenue rose more than a fifth as rivals struggle

July 30 : Cryptocurrency exchange Coinbase Global on Thursday recorded a third consecutive quarter of losses, hurt by lower transaction revenue as a prolonged downturn in crypto markets curbed trading activity.Shares of the crypto exchange were down 4.9 per cent in trading after the bell. Cryptocurrency markets came un

Situational Awareness—an AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner—made headlines on Thursday when it sold off investments and was unwinding trades after suffering massive losses on AI and software stocks, according to CNBC, who spoke with people familiar with the situation. Fast Compa

Zuckerberg’s Net Worth Falls $18 Billion Amid Meta Stock Plunge—Wall Street Sours On AI Spending  Forbes

Meta’s spending on AI is ramping, and investors want proof that the company can make serious money in areas other than advertising.

Wall Street saw its roughest day of 2026 as Federal Reserve chair Kevin Warsh announced that interest rates would remain the same, despite some dissent within the Federal Open Market Committee. CBS News' Kelly O'Grady explains more.

Microsoft beats Wall Street expectations with $90B in revenue  AP News

The S&P 500 fell 1.5% after swinging sharply between gains and losses in the last hour of trading. The Nasdaq composite slumped 1.7%.

Microsoft Beats Wall Street Expectations, With 31% Jump in Profits  WSJ

Microsoft CEO Satya Nadella dismisses concerns about cheaper Chinese artificial intelligence models. He argues that global trust in American infrastructure and its open ecosystem remains key. Chinese AI models often run on American hyperscalers, which are vital for global deployment. Nadella believes Western companies