Coinbase (NASDAQ: COIN) stock regained strong upside momentum last week and bounced almost 50% after the company entered a partnership with BlackRock. What next?
The week all eyes will be turning to the U.S. Consumer Price Index report scheduled to be released on Wednesday will show whether the U.S. economy got any relief in July from surging inflation.
Shares of the ride-hailing giant Uber (NYSE: UBER) jumped more than 18% on Tuesday after the company reported stronger than expected second-quarter revenue numbers. The company reported record revenue of $8.1 billion in the second quarter while Uber still posted a net loss of $2.6 billion.
Last week, most of the major global stock indices and precious metals ended in positive territories. This week's economic calendar is packed with important events which include the US employment report and the OPEC+ meeting.
The burger giant McDonald’s (NYSE: MCD) reported its second-quarter financial results on Tuesday. The company's Q2 earnings beat estimates while its revenue fell 3% to $5.72B.