Coinbase (COIN) shares are soaring after the largest US crypto exchange in the US posted its first quarterly profit in two years. The company benefited from a rise in bitcoin (BTC-USD) prices ahead of the Securities and Exchange Commission’s decision to approve spot bitcoin ETFs. On Wall Street, investors are reacting to the latest Producer Price Index data, which gives insight into how much wholesale prices are changing. Trending tickers on Yahoo Finance include Cisco Systems (CSCO), Twilio (TWLO), and Super Micro Computer (SMCI).
Top guests on Yahoo Finance Live today include:
9:35 a.m. ET – Liz Young, SoFi Head of Investment Strategy
9:45 a.m. ET – Shweta Khajuria, Evercore ISI Director, Internet Equity Research
10:05 a.m. ET – Scott Chronert, Citi Research Head of U.S. Equity Strategy
10:30 a.m. ET – Jim Tobin, National Association of Home Builders CEO
11:20 a.m. ET – Sean Dunlop, Morningstar Senior Equity Analyst
