Coinbase to release results after announcing layoffs, AI restructuring plan. Senators reach Clarity Act compromise.

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09:11am, Thursday, 07'th May 2026
Stock futures are treading water this morning as investors await the latest news on a potential peace deal with Iran and digest a slew of earnings reports; oil prices are falling again this morning am
Coinbase Global, Inc. (NASDAQ:COIN) will release earnings for its first quarter after the closing bell on Thursday, May 7.
Cryptocurrency exchange giant Coinbase Global (NASDAQ:COIN) could create volatility for the crypto sector when the company reports first-quarter financial results Thursday after market close.
The stock market spent much of the past two years celebrating artificial intelligence as the next great productivity boom.
May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year. Today, the U.S.'s largest cryptocurrency exchange, Coinbase Global, Inc. (Nasda
Coinbase is cutting 14% of its workforce, aiming to become leaner and faster. Coinbase CEO Brian Armstrong wants to eliminate "pure managers" and embrace AI.
"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Former Treasury Secretary Steven Mnuchin, Strike CEO and Twenty One Capit
Coinbase Global Inc (NASDAQ:COIN) is cutting roughly 14% of its global workforce, or about 700 employees, as the cryptocurrency exchange moves to reduce costs and adapt to what CEO Brian Armstrong des
Coinbase launches CUSHY, a tokenized credit fund to tap into rising on-chain liquidity and link traditional credit markets with digital assets.
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, manag
The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
May 5, 2026 - Coinbase CLO on Clarity Act, Prediction Markets & Tokenization Scott Melker hosts Paul Grewal, Chief Legal Officer at Coinbase, live from Consensus in Miami Beach. They cover where the C
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