• Apr 22, 2025

Why Is Coinbase (COIN) Stock Rocketing Higher Today

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 10.3% in the afternoon session after crypto-linked stocks rebounded sharply as Bitcoin broke above the $90,000 mark, reinforcing investor confidence in digital assets. The rally coincided with a weakening US dollar, which appeared to boost demand for assets considered alternative stores of value. Crypto, especially Bitcoin, has been evolving to be one of those spots people flock to when they're worried about inflation or t

  • Apr 22, 2025

Why Medpace (MEDP) Stock Is Trading Lower Today

Shares of clinical research company Medpace Holdings (NASDAQ:MEDP) fell 11.2% in the pre-market session after the company reported first-quarter 2025 earnings with high expectations heading into the quarter, dampening the otherwise decent results. A key concern was the 19% decline in net new bookings. Also, the drop in the book-to-bill ratio to 0.90x further suggested future bookings were slowing, which might explain why investors didn't cheer louder.

  • Apr 22, 2025

Why Robinhood (HOOD) Stock Is Up Today

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 8.7% in the afternoon session after crypto-linked stocks rebounded sharply as Bitcoin broke above the $90,000 mark, reinforcing investor confidence in digital assets. The rally coincided with a weakening US dollar, which appeared to boost demand for assets considered alternative stores of value. Crypto, especially Bitcoin, has been evolving to be one of those spots people flock to when they're worried about inflation or the doll

  • Apr 22, 2025

Danaher (DHR) Stock Trades Up, Here Is Why

Shares of diversified science and technology company Danaher (NYSE:DHR) jumped 6.6% in the afternoon session after the company reported impressive first quarter 2025 results, which beat analysts' organic revenue and EPS expectations. Revenue was flat year-over-year on a core basis, which masked a 7% gain in biotech and a modest decline in life sciences, revealing the uneven recovery across business lines. Looking ahead, sales guidance for the next quarter was ahead, while full year EPS guidance

  • Apr 22, 2025

Why Is Equifax (EFX) Stock Soaring Today

Shares of credit reporting giant Equifax (NYSE:EFX) jumped 14.6% in the afternoon session after the company reported impressive first-quarter 2025 results, with earnings and sales both topping Wall Street expectations, despite the shaky mortgage market.

  • Apr 22, 2025

Fed's Kashkari says 'too soon to judge' interest rate path

Kashkari's view is widely held by his colleagues and is likely to leave the Fed on hold at its rate-setting meeting in two weeks. "It's too soon to judge what's going to happen to the path of interest rates," Kashkari told the U.S. Chamber of Commerce Global Summit in Washington. While it is "logical" that tariffs alone would not reaccelerate inflation, recent high inflation means the Fed cannot ignore this risk, he said, noting that tariffs will likely also slow growth.