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Coinbase Swings to a Loss While Posting Another Revenue Drop - Bloomberg.com
business 2026/05/07 20:29:30

Coinbase Swings to a Loss While Posting Another Revenue Drop - Bloomberg.com

Just days after announcing deep job cuts and an artificial-intelligence push, Coinbase Global Inc. showed how tightly its fortunes remain tied to crypto markets.

Bloomberg
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Coinbase posts steep first-quarter loss after slide in crypto prices, shares fall 4% - CNBC
business 2026/05/07 20:28:28

Coinbase posts steep first-quarter loss after slide in crypto prices, shares fall 4% - CNBC

Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.

CNBC
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California farmers will destroy 420,000 peach trees after Del Monte closes canning facilities - Fortune
business 2026/05/07 20:23:00

California farmers will destroy 420,000 peach trees after Del Monte closes canning facilities - Fortune

One Del Monte canning facility processed 30% of the state’s cling peaches, and its closure left growers with a glut of crops with no one to process them.

Fortune
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GameStop CEO's eBay account has been reinstated after it was suspended for 'suspicious activity' - Business Insider
business 2026/05/07 20:17:00

GameStop CEO's eBay account has been reinstated after it was suspended for 'suspicious activity' - Business Insider

CEO Ryan Cohen listed his “stuff” on eBay in a publicity stunt tied to GameStop’s efforts to acquire the company. Then, his account got flagged.

Business Insider
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CoreWeave tops revenue estimates as AI boom supercharges cloud demand - Yahoo Finance
business 2026/05/07 20:10:14

CoreWeave tops revenue estimates as AI boom supercharges cloud demand - Yahoo Finance

CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices ‌of components, sending the cloud…

Yahoo Entertainment
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Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its data landlord - Fortune
business 2026/05/07 19:49:00

Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its data landlord - Fortune

“He who controls the data center, really does control the application of artificial intelligence right now.”

Fortune
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