Fintech

Crypto-related stocks saw big upticks as Bitcoin gained momentum.

Arm Holdings issues disappointing guidance, AppLovin surges after topping earnings and revenue expectations, and Coinbase agrees to acquire Bitcoin trading platform Deribit for $2.9 billion.

Acquirers need to allow advisors to continue serving clients in ways that reflect their unique value proposition and expertise while finding efficiencies of scale.

Berkshire Hathaway’s Class B shares fall after Warren Buffett says he’ll be stepping down as CEO at the end of the year, and Netflix declines as President Donald Trump says he authorized a 100% tariff on films produced overseas. Palantir Technologies, meanwhile, is scheduled to report quarterly earnings later Monday.

Shares of Apple and Amazon decline as earnings from the tech giants disappoint, Block sinks after cutting guidance, and Take-Two Interactive Software delays the release of ‘Grand Theft Auto VI.’

The fintech and Bitcoin holder cuts its full-year guidance, citing macroeconomic pressure.

SoFi posted first-quarter growth across all of its business segments.

The company maintains its full-year guidance in the face of “global macro uncertainty.”

SoFi has earnings potential that is currently undervalued by the market, Citizens JMP say.

With the buck seeing its steepest drops in 15 years, the consumer-discretionary, industrials, and financials sectors look ready to rise.

John B. Hess bought a large block of shares of Goldman Sachs, which he serves as a director.

Investors are more eager to parse management teams’ tones about a potential downturn in their forecasts than first-quarter earnings.

Nippon Steel’s deal for U.S. Steel could be revived, MicroStrategy has an unrealized Bitcoin loss, and more news to start your day.

Affirm and PayPal extend prior losses after Affirm sees its worst two-day stretch since 2022.

But PayPal and Block might be too cheap to pass up.