Coinbase revenue drops 27% from a year ago, stock slides
Coinbase earnings missed analyst estimates and shares fell as much as 19% in extended trading.
CNBC US News
Fed's Waller promises to tackle inflation, says mistakes of the '70s won't be repeated
Fed Governor Christopher Waller pledged that the rate-setting group wouldn't make the same mistakes on inflation that it did in the 1970s.
Tesla production lags in Shanghai due to parts shortages, Covid restrictions
According to research by JL Warren Capital, Tesla specifically stopped production lines for the Model Y electric crossover at its Shanghai Gigafactory.
Elon Musk says he would lift Twitter ban on Donald Trump after deal closes
Trump has said he wouldn't return to the platform if invited back.
Roblox shares sink on disappointing revenue and wider-than-expected loss
Roblox soared in popularity during the pandemic, but the hype has since cooled.
10-year Treasury yield dips below 3%
The 10-year U.S. Treasury yield fell below 3% on Tuesday as fears of rising inflation and a potential economic slowdown lingered.
U.S. gun homicides reached highest level in 25 years during Covid pandemic, CDC says
During the first year of the pandemic, the homicide rate from guns rose 35% to the highest level since 1994, according to the CDC.
Amazon stock has lost nearly all of its gains from the pandemic
Amazon stock skyrocketed in 2020 and 2021 as consumers flocked to online retailers, but shares have taken a hit in recent months amid a broader market selloff.
Senate resolution would urge Biden administration to designate Russia as state sponsor of terrorism sponsor under Putin
The Biden administration so far has not added Russia to a list of state sponsors of terror, which are limited to Cuba, Iran, North Korea and Syria.
Housing supply is finally improving, as high prices and rising rates weigh on sales
After one of the most severe housing shortages in history, the supply of homes for sale is finally starting to increase, according to new data from Realtor.com.
Apple discontinues the last iPod model
Apple said the iPod touch will be available while supplies last.
Consumer credit card debt and annual percentage rates are heading to an all-time high
Higher prices are causing Americans to increasingly lean on their credit cards. As the Fed raises interest rates, it will get more expensive to carry a balance.
Citadel founder Ken Griffin wins Blue Origin spaceflight auction, donates 2 seats to New York City teachers
Ken Griffin, billionaire founder of hedge fund Citadel, placed the winning $8 million bid in an auction for a seat on a spaceflight with Bezos' Blue Origin.
Netflix could introduce ads, crack down on password sharing by the end of this year, source says
An end-of-year target would put the ad-supported tier on a much faster track than Netflix originally indicated.
Tom Brady agrees to join Fox Sports as lead NFL game day analyst whenever his career ends, CEO Lachlan Murdoch says
Tampa Bay Buccaneers quarterback Tom Brady has agreed to join Fox Sports as its lead color commentator whenever he decides to retire.
Boeing aircraft orders, deliveries slipped in April
Deliveries of Boeing's 787 Dreamliners remain on hold.
An Oklahoma abortion clinic was a safe haven for women fleeing Texas ban. It will shut down if Roe falls
If the Supreme Court overturns Roe v. Wade, the U.S. would fundamentally fracture between states where abortion remains legal and those where it is banned.
Amazon fires two employees tied to Staten Island union effort
Amazon recently fired two employees involved in the organizing effort at a Staten Island warehouse, where workers voted in the company's first U.S. union.
Virgin Orbit is assembling a fleet of 747 jets to launch more rockets into space
Virgin Orbit is assembling a fleet of rocket-launching 747 jets, the company announced on Tuesday, ordering two new modified cargo airframes.
Stocks making the biggest moves in the premarket: Peloton, Novavax, Vroom and more
The stocks making the biggest moves in premarket trading include Peloton, Novavax, Vroom, and more.
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