Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta’s Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
Inflation report Thursday expected to show the Fed is getting closer to its goal
The annual pace of price increases is getting ever closer to the Federal Reserve’s 2% target.
What investors should look for as Meta, Microsoft report earnings Wednesday
Another busy day of megacap technology earnings kicks off Wednesday with results from Meta Platforms and Microsoft after the bell.
S&P 500 to move 2% on election, with some markets set to be even more volatile, options indicate
China stocks and regional banks could see big moves as election results roll in, according to options market pricing.
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.
UK borrowing costs spike after extensive tax hikes announced in budget
U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Reeves unveiled a vast package of tax hikes.
Ray Dalio concerned about America postelection: ‘Both candidates worry me’
Dalio, the founder of investment firm Bridgewater Associates, spoke at the Future Investment Initiative conference in Saudi Arabia on Wednesday.
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.
