CoinDesk Crypto

Content creator Jimmy Donaldson, better known as MrBeast is well-known across social media, with many familiar with his videos shared on YouTube, where he has more than 200 million subscribers. In recent months, MrBeast was encouraged to post his ...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $1.23 billion, which was up 44% ...

Microsoft Corp.'s (NASDAQ: MSFT) Xbox recently disclosed its future trajectory during a podcast featuring executives Phil Spencer, Sarah Bond, and Matt Booty. The video game hinted at a significant hardware advancement for its next console, ...

Amid growing supply constraints and undervalued stock prices, value investors are gravitating towards mining stocks, seeking to capitalize on a market dislocation poised for a readjustment. Taylor McKenna, CFA analyst at Kopernik Global Investors ...

Streaming platform and hardware company Roku Inc (NASDAQ:ROKU) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Roku reported fourth-quarter revenue of $984.42 million, which was up ...

OpenAI, the innovative tech firm now under Microsoft Corp. (NYSE:MSFT), has unveiled Sora, a groundbreaking artificial intelligence model designed to transform the content creation landscape with its ability to generate high-quality videos from ...

David Tepper’s Appaloosa Management navigated dynamic market conditions in the fourth quarter of 2023. Strategic moves by the hedge fund included entering new positions, boosting select tech holdings, reducing exposure to semiconductor stocks and ...

BlackRock Inc's (NYSE:BLK) Rick Rieder is very optimistic about the current state of the U.S. economy. The veteran investor’s view is that the U.S. has reached a new state of normal after several years of abnormalities following the COVID-19 pandemic ...

On the most recent episode of Cannabis Insider, Kyle Kazan, CEO of Glass House Brands, shared his candid thoughts on the cannabis industry. His interview spotlighted the company’s latest project, Greenhouse 5, and its impact on production ...

Coinbase Global, Inc (NASDAQ: COIN) is set to print its fiscal fourth-quarter financial results after the market closes on Thursday, and the stock was edging about 3.5% higher heading into the event. When the cryptocurrency trading platform printed a ...

Former President Donald Trump was in court Thursday as part of a hearing ahead of his hush money case. Here's a look at what happened on Thursday and what's next. What Happened: Trump's Thursday trial got off to a heated start with the former ...

More than a dozen banks in the U.S. find themselves under the keen eye of financial watchdogs due to their sizable portfolios of commercial real estate (CRE) loans. The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of ...

Bitcoin’s journey through the financial landscape has been anything but dull. From its inception as a digital currency free from government oversight, it has sparked debates, fueled speculation and, more recently, ignited a wave of optimism about its ...

Investment bank JPMorgan Chase upgraded its rating on cryptocurrency exchange Coinbase Global Inc. (NASDAQ: COIN) from Underweight to Neutral Thursday, citing the recent surge in Bitcoin (CRYPTO: BTC) prices and the positive impact on Coinbase's ...

With an influx of new institutional players moving to the space, how can they set themselves apart from the competition and emerge as the winners of the evolved digital assets landscape?

In 2024, a smaller club of elite stocks has emerged: The AI 5. It’s yet another example of Wall Street's fascination with abbreviations, a trend that stretches as far back as the 1960s. Recall the so-called Nifty Fifty. This group of highly-touted 50 ...

Take a look at the frontpage of CoinDesk today and you could be forgiven for thinking our site is all about Bitcoin. Just look at the headlines: BTC is above $50k. Options traders are betting on $75,000. Bitcoin’s market cap is back above $1 trillion. Bitcoin ETFs have ac

Shares of Uber Technologies Inc (NYSE: UBER) rose sharply on Wednesday, after the company announced the share repurchase of up to $7 billion. Last week, the ride-sharing giant announced its fourth-quarter results amid an exciting earnings season. Here ...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported fourth-quarter financial results Thursday before the market open. Here are the key highlights, including the early impact of ESPN Bet. What Happened: Penn reported ...

Pharmaceutical giant Eli Lilly And Co (NYSE:LLY) is set to launch its highly-anticipated obesity drug, Mounjaro (tirzepatide), in Britain this week, making the U.K. the fourth European country to introduce the famed medication.  The drug, also ...