GameStop reported a $9.4 million loss on its Bitcoin holdings in Q3, as crypto market volatility weighed on the retailer’s digital asset strategy and raised new questions about its pivot beyond core gaming.
Coinbase beat Q3 estimates with $1.9B revenue and unveiled a $300M buyback, signaling confidence as trading volumes rose and fees outpaced forecasts amid ongoing crypto market volatility.
Alphabet’s stock surges 6% on Q3 earnings report as CEO highlights success in AI investments. Leadership’s strategic focus on artificial intelligence yields positive results.