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Leafly wins cannabis advertising case as New York court strikes down pot-marketing ban
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Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
RBA’s policy options are running short, says JBWere
With inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding interest rates higher for longer, with further increases now looking likely, a leading forecaster says.MarketWatch - Business -
Forget AI. Apple’s plan to restore confidence is a $110 billion stock buyback.
It’s been a rough year, but Apple shows confidence in itself and investors approve — for now.MarketWatch - Business -
Fortinet’s stock falls 8% after cybersecurity company’s quarterly billings drop
Shares of Fortinet Inc. fell 8% in the extended session Thursday after the cybersecurity company reported a better-than-expected first quarter and guidance that went beyond Wall Street forecasts, but billings were slightly off the mark.MarketWatch - Business -
Block’s stock shoots higher as Square parent boosts its earnings outlook
Also contributing was momentum across the company’s two main business areas, the Cash App mobile wallet and the Square merchant business.MarketWatch - Business