The stock market rallied into Friday's key jobs report. Apple popped late on earnings and massive stock buyback.
Apple reports better-than-estimated earnings and expands its buyback program by $110 billion, Amgen ‘very encouraged’ by preliminary data from a trial of a weight-loss drug, and Expedia reduces its sales outlook for the year.
Coinbase Global stock slid Friday in the wake of first-quarter financial results from the cryptocurrency broker that were far better than expected. Coinbase stock fell 3.5% in premarket trading on Friday after the shares advanced 8.9% on Thursday, before the release of first-quarter results. In some ways, the premarket move lower in Coinbase stock reflects the shares tracking the price of which has tumbled this week.