NEWS & MEDIA
MAY8

2025

Ryan Reynolds’ MNTN Weighs IPO Launch Soon as Next Week

Connected TV advertising platform MNTN Inc. is considering launching its initial public offering as soon as next week, according to people familiar with the matter, after delaying its plans amid tariff-induced market volatility.

MAY8

2025

Celsius Founder Mashinsky Gets 12 Years for Crypto Fraud

Alex Mashinsky, the founder of cryptocurrency lender Celsius Network, was ordered to spend 12 years in prison for defrauding hundreds of thousands of customers lured by his firm’s high interest rates on digital-asset deposits.

MAY8

2025

Pinterest Surges as AI Expected to Lure Advertiser Spending

Pinterest Inc. surged in extended trading after second-quarter revenue guidance topped estimates at the midpoint, further easing concerns of an advertising slowdown.

MAY8

2025

From Apple to GM, Tariffs to Cost Companies Tens of Billions

From Apple Inc. to General Motors Co., corporate America is bracing for tens of billions of dollars in damages from Trump’s trade war — and that’s before most affected goods have landed.

MAY8

2025

Coinbase Posts Jump in Revenue, Drop in Quarterly Earnings

Coinbase Global Inc.’s first-quarter revenue jumped while profit declined as the largest US crypto exchange navigated the volatile price swings of the digital asset market.

MAY8

2025

Oil Gains as Traders Focus on US-China Trade Talks After UK Deal

Oil extended gains as the market turned its attention to trade talks between the US and China this weekend after President Donald Trump announced an agreement with the UK.

MAY8

2025

Asian Stocks Set for Positive Start on Trade Hopes: Markets Wrap

Asian stocks were poised to gain on Friday after President Donald Trump announced a trade deal with the UK and signaled tariffs on Chinese goods may fall if upcoming talks go well, boosting risk sentiment.

MAY8

2025

Macquarie Profit Tops Estimates Despite Markets Business Dip

Macquarie Group Ltd.’s annual profit topped analysts’ estimates as strong asset management fees offset continued weakness in its commodities and global markets businesses.

MAY8

2025

OCBC’s Profit Beats Estimates as CEO Wong Keeps 2025 Targets

Oversea-Chinese Banking Corp.’s first-quarter profit beat expectations, as a strong haul in wealth fees, trading and insurance bolstered tepid lending income.

MAY8

2025

Asia’s Super-Rich Rapidly Scale Back US Exposure on Trade War

Some of Asia’s richest families are cutting exposure to US assets, saying President Donald Trump’s tariffs have made the world’s largest economy much less predictable.