On this episode of Stock Movers with Alexis Christoforous:
- Lululemon (LULU) shares are lower after it lowered its annual forecast due to deteriorating performance in North America.
- DocuSign (DOCU) shares are lower after reporting earnings. While it reported a rise in 1st quarter profit, the annual recurring revenue rate was unchanged and investors may be looking for a return to double digit growth.
- Coinbase (COIN) shares are lower as Bitcoin slides below $62,000 this morning. Ether is als
On this episode of Stock Movers with Alexis Christoforous:
- Lululemon (LULU) shares are lower after it lowered its annual forecast due to deteriorating performance in North America.
- DocuSign (DOCU) shares are lower after reporting earnings. While it reported a rise in 1st quarter profit, the annual recurring revenue rate was unchanged and investors may be looking for a return to double digit growth.
- Coinbase (COIN) shares are lower as Bitcoin slides below $62,000 this morning. Ether is also declining. (Source: Bloomberg)
Kara Calvert, vice president of US policy at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee’s markup of the digital asset market Clarity Act. The committee meets this Thursday. (Source: Bloomberg)
Kara Calvert, vice president of US policy at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The Senate Banking Committee released market structure bill text that will serve as the basis for the committee’s markup of the digital asset market Clarity Act. The committee meets this Thursday. (Source: Bloomberg)
Crypto exchange Coinbase Global Inc. said trading services had resumed after a significant outage left customers unable to transact on its platform for almost seven hours on Friday, rounding off a difficult week at the company.
Crypto exchange Coinbase Global Inc. said trading services had resumed after a significant outage left customers unable to transact on its platform for almost seven hours on Friday, rounding off a difficult week at the company.
The Coinbase logo on a laptop arranged in New Hyde Park, New York, US, on Tuesday, Sept. 16, 2025. Base, a public blockchain Coinbase Global Inc. started, is exploring a new cryptocurrency, a move that could help raise money for the projects it underpins. Photographer: Gabby Jones/Bloomberg
Just days after announcing deep job cuts and an artificial-intelligence push, Coinbase Global Inc. showed how tightly its fortunes remain tied to crypto markets.
Just days after announcing deep job cuts and an artificial-intelligence push, Coinbase Global Inc. showed how tightly its fortunes remain tied to crypto markets.
The Coinbase logo during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Photographer: Ina Fassbender/AFP/Getty Images
A spate of AI-tinged job cuts at crypto and payments companies has brought up a curious question for analysts and investors: how does one assess whether the artificial intelligence part is real?
A spate of AI-tinged job cuts at crypto and payments companies has brought up a curious question for analysts and investors: how does one assess whether the artificial intelligence part is real?
Coinbase CEO Brian Armstrong during the World Economic Forum in Davos, Switzerland, in January.
Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbase as well as disappointing commercial sales from Palantir. Lauren Webster, managing director in the technology investment banking group at Piper Sandler, discusses the market moves with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
Software shares continue to feel the impact of AI uncertainty, with news coming out about job cuts at PayPal and Coinbase as well as disappointing commercial sales from Palantir. Lauren Webster, managing director in the technology investment banking group at Piper Sandler, discusses the market moves with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
Crypto exchange Coinbase Global Inc. will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. Around 700 employees will be affected by the changes, with cuts expected to happen mostly in the second quarter, and the company expects to incur as much as $60 million in restructuring expenses. Bloomberg's Paul Gulberg joins Bloomberg Intelligence to discuss. (Source: Bloomberg)
Crypto exchange Coinbase Global Inc. will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. Around 700 employees will be affected by the changes, with cuts expected to happen mostly in the second quarter, and the company expects to incur as much as $60 million in restructuring expenses. Bloomberg's Paul Gulberg joins Bloomberg Intelligence to discuss. (Source: Bloomberg)
Coinbase Global Inc., the largest US cryptocurrency exchange, said it plans to expand into equity trading and payments in Australia after receiving a financial services license.
Coinbase Global Inc., the largest US cryptocurrency exchange, said it plans to expand into equity trading and payments in Australia after receiving a financial services license.
The Coinbase logo on a smartphone arranged in New Hyde Park, New York, US, on Tuesday, Sept. 16, 2025. Base, a public blockchain Coinbase Global Inc. started, is exploring a new cryptocurrency, a move that could help raise money for the projects it underpins.
Big names in crypto, payments and cloud infrastructure are racing to build the financial plumbing for a world in which AI agents — not humans — handle transactions on the internet.
Big names in crypto, payments and cloud infrastructure are racing to build the financial plumbing for a world in which AI agents — not humans — handle transactions on the internet.
Monitors display Coinbase signage at the Nasdaq MarketSite in New York.
Coinbase Global Inc. has been aggressively lobbying in Washington to preserve a key revenue stream that in Bloomberg Intelligence’s estimation could multiply as much as sevenfold.
Coinbase Global Inc. has been aggressively lobbying in Washington to preserve a key revenue stream that in Bloomberg Intelligence’s estimation could multiply as much as sevenfold.
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks to members of the media on Capitol Hill in Washington in January. Photographer: Aaron Schwartz/Bloomberg
Coinbase Global Inc. has been aggressively lobbying in Washington to preserve a key revenue stream that in Bloomberg Intelligence’s estimation could multiply as much as sevenfold.
Coinbase Global Inc. has been aggressively lobbying in Washington to preserve a key revenue stream that in Bloomberg Intelligence’s estimation could multiply as much as sevenfold.
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks to members of the media on Capitol Hill in Washington in January. Photographer: Aaron Schwartz/Bloomberg
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Coinbase Global Inc. ripped almost 20% higher on more than double-average trading volume, just a day after posting weak results, a sign that investors had already braced for worse.
Coinbase Global Inc. ripped almost 20% higher on more than double-average trading volume, just a day after posting weak results, a sign that investors had already braced for worse.
Monitors display Coinbase and Bitcoin signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Coinbase Global Inc., the largest U.S. cryptocurrency exchange, is set to debut on Wednesday through a direct listing, an alternative to a traditional initial public offering that has only been deployed a handful of times. Photographer: Michael Nagle/Bloomberg
Mark Palmer, senior equity research analyst at The Benchmark Company, says Coinbase's fourth-quarter loss shouldn't be surprising on "Bloomberg The Close." He speaks on "Bloomberg The Close." (Source: Bloomberg)
Mark Palmer, senior equity research analyst at The Benchmark Company, says Coinbase's fourth-quarter loss shouldn't be surprising on "Bloomberg The Close." He speaks on "Bloomberg The Close." (Source: Bloomberg)
A drumbeat of bearish signals is building across the crypto industry, with Standard Chartered slashing its Bitcoin price target and Coinbase Global Inc. getting cut to sell as momentum traders struggle to push Bitcoin back toward its highs.
A drumbeat of bearish signals is building across the crypto industry, with Standard Chartered slashing its Bitcoin price target and Coinbase Global Inc. getting cut to sell as momentum traders struggle to push Bitcoin back toward its highs.
A Delaware judge ruled that a shareholder lawsuit alleging insider trading by several directors of Coinbase Global Inc., including venture capitalist Marc Andreessen, can proceed for now after an internal investigation cleared the defendants of wrongdoing.
A Delaware judge ruled that a shareholder lawsuit alleging insider trading by several directors of Coinbase Global Inc., including venture capitalist Marc Andreessen, can proceed for now after an internal investigation cleared the defendants of wrongdoing.
The Coinbase logo during the World Economic Forum (WEF) annual meeting in Davos, Switzerland on Jan. 21. Photographer: Ina Fassbender/AFP/Getty Images
Lobbying groups and executives representing the banking and crypto industries are planning to meet at the White House on Monday as tempers flare over a contentious piece of digital-asset legislation.
Lobbying groups and executives representing the banking and crypto industries are planning to meet at the White House on Monday as tempers flare over a contentious piece of digital-asset legislation.
Coinbase CEO Brian Armstrong speaks to members of the media on Capitol Hill in Washington on Jan. 15.
Brian Armstrong, Co-Founder & CEO of Coinbase, discusses the Trump-backed crypto bill and the long-term role of digital assets in expanding access to investing worldwide with Bloomberg’s Emily Chang at Bloomberg House in Davos on the sidelines of the 2026 World Economic Forum. (Source: Bloomberg)
Brian Armstrong, Co-Founder & CEO of Coinbase, discusses the Trump-backed crypto bill and the long-term role of digital assets in expanding access to investing worldwide with Bloomberg’s Emily Chang at Bloomberg House in Davos on the sidelines of the 2026 World Economic Forum. (Source: Bloomberg)
"There were surprises in the bill," says Rebecca Rettig, who has been in the room for some of the negotiations as the Senate Banking Committee crafts the crypto market-structure bill. She also serves on the CFTC's Digital Assets Subcommittee. Senate Banking Committee delayed its discussion of the crypto market-structure bill after Coinbase pulled its support for the latest version. Rettig joined the conversation on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)
"There were surprises in the bill," says Rebecca Rettig, who has been in the room for some of the negotiations as the Senate Banking Committee crafts the crypto market-structure bill. She also serves on the CFTC's Digital Assets Subcommittee. Senate Banking Committee delayed its discussion of the crypto market-structure bill after Coinbase pulled its support for the latest version. Rettig joined the conversation on "Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)