Coinbase Strikes $2.9 Billion Deal for Major Crypto Options Platform 
 

The company agreed to acquire Deribit, a push into the highly profitable crypto derivatives market and a move meant to bolster its global growth.

 
Kenvue Boosts 2025 Sales Growth View 
 

The Johnson & Johnson spinoff that makes Tylenol and Benadryl, logged earnings growth ahead of expectations, named a new chief financial officer and boosted its sales-growth projection for the year, while warning that foreign exchange would weigh on adjusted earnings.

 
Molson Coors Slashes 2025 Outlook on Tariff Worries 
 

Molson Coors' first-quarter net income fell 42% and the beverage company slashed its sales and underlying earnings projections for the year, citing intensified competition in overseas markets and economic blues among consumers.

 
Peloton Stock Falls Sharply After Earnings as Revenue Declines 13% 
 

The company posts a quarterly loss of $48 million.

 
SharkNinja CEO Sees Consumer Facing Tough Choices 
 

SharkNinja expects consumers will still spend, but decisions may be tougher at a time when prices are expected to rise in response to tariffs.

 
Toyota Expects U.S. Tariffs, Material Costs to Dent Profit 
 

The Japanese carmaker projected lower annual profit after reporting a drop in fourth-quarter earnings, with U.S. tariffs and higher material costs expected to cut into its bottom line.

 
Warner Brothers Discovery Loss Narrows, Sales Decline 
 

The media and entertainment company recorded a smaller loss, but lower sales, as weakness in linear TV offset gains in streaming.

 
Conoco  Cuts CapEx View on Volatile Economic Status 
 

The Houston oil producer posted first-quarter earnings of $2.8 billion, or $2.23 a share, up from $2.6 billion, or $2.15 a share, a year earlier.

 
Maersk Backs Guidance Despite Cautioning on Container Demand 
 

The shipping giant confirmed its full-year outlook even as it moderated expectations around container demand as macroeconomic and geopolitical uncertainty increase.

 
UPS Stands by Call to Scale Back Amazon Business Despite New Tariff Challenges 
 

Cutting more than half of its Amazon deliveries is good for UPS's business in the long run, its CFO says.

(END) Dow Jones Newswires

May 08, 2025 11:00 ET (15:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.