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Coinbase Shares Slide as Wall Street Slashes Price Targets After Disappointing Q1 Earnings Miss

Coinbase Global, the largestCryptocurrency exchangein the United States, saw its shares fall sharply in early Friday trading after the company reported a deeper-than-expected first-quarter loss and missed analyst forecasts on bothEarningsand revenue, prompting a broad round of price target reductions from Wall Street banks.

Nitish Kishor | 08 May 2026

Rocket Companies Q1 2026 Earnings: AI-Powered Platform and Acquisition Synergies Propel 127% Revenue Surge

Rocket Companies, the Detroit-basedMortgagetechnology group, delivered a first-quarter performance that confounded sceptics, posting revenues of $2.94 billion — more than double the $1.3 billion recorded in the same period a year earlier and comfortably ahead of the $2.77 billionWall Streethad pencilled in. The result …

Nitish Kishor | 08 May 2026

BiomX's Zorronet Mobile Launch Targets AI Defense and Surveillance Markets

BiomX's Zorronet launches a secure mobile command-and-control app for defense and infrastructure operators, as the company builds its AI defense portfolio amid financial headwinds.Key HighlightsZorronet launches secure mobile command-and-control app on Google Play and Apple App Store.Platform integrates cameras, drones, sensors, and IoT devices …

Nitish Kishor | 08 May 2026

U.S. Pre-Market Briefing: What U.S. Markets Face on Friday, May 8

The week ends with the most consequential single data point of 2026 so far. The U.S. Employment Report for April lands at 8:30 a.m. ET with a live market consensus of 62,000, against a prior reading of 178,000. On the same morning, Iran is …

Nitish Kishor | 08 May 2026

US Sector Performance Analysis: Cyclical Whiplash and the Mega-Cap Anchor

The USEquitymarket session on May 7, 2026, delivered a severe bout of rotational whiplash. Just 24 hours after institutional capital forcefully bid up cyclical value andManufacturing, that same capital was aggressively extracted. The tape was characterized by broad-based distribution across the physical economy,Yieldproxies, and …

Robert Luong | 07 May 2026

US Sector Momentum Analysis: Cyclical Bull Trap and the Mega-Cap Safe Haven

The empirical data from the May 7, 2026, session reveals a market environment characterized by extreme rotational whiplash. The Relative Rotation Graph (RRG) visually captures a sudden and aggressive recalibration of institutional risk. The statistical momentum underlying the physical economy evaporated instantly, trapping cyclical …

Robert Luong | 07 May 2026
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