Tag Archives: Rides

Coinbase Global (COIN) posted its first quarterly profit in two years as trading surged on a new wave of optimism about digital assets, marking a potential turning point for the largest US cryptocurrency exchange. Investors cheered the news, sending the stock of Coinbase up more than 12% in after-hours trading. The stock is down 5% so far in 2024 as of Thursday’s close but has soared 180% over the last year. Coinbase earned $273 million in profits during the fourth quarter, well above analyst… Source link

Netflix stock (NFLX) is at a 7-month high after three straight sessions of gains, buoyed by bullish investor sentiment surrounding the streaming platform’s newly launched ad-supported tier. Shares of the media giant, down roughly 50% since the start of the year, have climbed nearly 60% over the past six months. The stock rose about 3% in premarket trading on Tuesday. The ad plan, dubbed “Basic with Ads,” rolled out on November 3 with a price tag of $6.99 a month in the U.S. — just below… Source link

Justin Bench received a warm welcome from his teammates after hitting Mississippi’s third-straight home run. (Jaylynn Nash/Reuters) Game 1 of the College World Series final was tight through seven innings. But Ole Miss rode hot bats in the eighth to ensure that it would leave Saturday with a 1-0 lead in the best-of-three championship series. TJ McCants, Calvin Harris and Justin Bench hit back-to-back-to-back home runs to blow the game open en route to a 10-3 win. McCants got the hit party… Source link

Ben Simmons‘ future with the Philadelphia 76ers likely rests on their mutual success in Game 7. If Simmons had performed to the level his résumé might suggest — three straight All-Star selections, two consecutive All-Defensive first-team nods and a third-team All-NBA bid last season — the Sixers would not be in this mess, facing another win-or-go-home game against an inferior team in the second round.  There is no couching that fact. His defense is not the problem. That is a weapon… Source link

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Shares of Clover Health Investments, Corp. () breached their previous 52-week high of $24.93 in pre-market Wednesday morning. This added to a total increase in the stock’s value of over 110% in the past week amid a to short the stock. Following market open, its price fell just below Tuesday’s close $22.15. Founded in 2014 and headquartered in Tennessee, Clover Health is a Medicare-backed insurance seller with 458 full-time employees and provides preferred provider organization and health… Source link

(Bloomberg) — For Biogen Inc., the Food and Drug Administration’s expected decision Monday on its Alzheimer’s drug is what a JPMorgan Chase & Co. analyst called “the mother of all binary events” — one that could send its shares veering sharply in either direction. If regulators give the company approval to market the drug, called aducanumab, the stock could surge to as much to $450, according to Wall Street analysts. Or it could tumble to $200 if the treatment is shot down,… Source link

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the public markets, typically priced below $5 per share. At such a low share price, even a small gain – a share price increase of mere pennies – can quickly… Source link

Uber (UBER) reported its Q3 2020 earnings after the closing bell on Thursday, beating analysts’ expectations on solid growth from its Eats business. Still, the impact of the ongoing coronavirus pandemic continues to be a concern for Uber’s main Rides business, which fell short of analysts’ forecasts. Here are the most important numbers from the report compared to what analysts were expecting from the company in the quarter, as compiled by Bloomberg. Gross bookings: $14.75 billion versus… Source link