Surprise Quarterly Profit Higher Sales
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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 -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
2024 Kentucky Derby predictions, horses, odds, contenders: Surprising picks by top horse racing insider
When is the 2024 Kentucky Derby? The annual Run for the Roses takes place Saturday, May 4 at Churchill DownsCBS Sports - Sports -
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -