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Coinbase Shares Head for Worst Quarter Since FTX Collapse as Crypto Slumps

(Bloomberg) -- Shares of Coinbase Global Inc. and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy weighed on digital assets. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerCoinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022. Nearly every major crypto-l

Why Is Celsius (CELH) Stock Soaring Today

Shares of energy drink company Celsius (NASDAQ:CELH) jumped 8.9% in the afternoon session after Truist analysts upgraded the stock's rating from Hold to Buy and raised the price target from $35 to $45. The analysts added, "In our opinion, the market is already looking past the hiccups of the legacy business in 2024 and the brand's slowdown in 1Q25."

Moderna (MRNA) Stock Trades Down, Here Is Why

Shares of biotechnology company Moderna (NASDAQ:MRNA) fell 12.5% in the morning session after Peter Marks, the head of the FDA's Center for Biologics Evaluation and Research (CBER), resigned on Friday, 28 March 2025. Marks noted his departure was related to "misinformation and lies" around immunization and raised concerns about the Trump administration's ability to "swiftly approve critical vaccines."

‘Frustration and Fatigue’ Hit Stock Traders in Run-Up to Tariffs

(Bloomberg) -- The Trump administration’s mixed messaging on what new tariffs will be unveiled Wednesday and how they’ll be announced have equities traders flustered as they try to position around the biggest risk confronting the market in years.Most Read from BloombergWhat Frank Lloyd Wright Learned From the DesertGold-Rush Fever Returns to Historic New Zealand Mining TownBank Regulators Fight for Desks as OCC Returns to New York Tower“The best way to summarize this trading environment is frust