By Katy Barnato
Pinterest $(PINS)$: The social-media company swung to a profit and guided for higher-than-expected revenue this quarter. That helped soothe concerns that trade policy would hurt spending on digital advertising. Shares jumped 12% in premarket trading.
Expedia (EXPE): The online travel agency reported a larger quarterly net loss, hit by weaker-than-expected travel demand to and from the U.S. Expedia shares dropped 9.5% ahead of the bell.
Coinbase $(COIN)$: The biggest U.S. cryptocurrency exchange posted a sharp drop in quarterly profit, knocking its shares premarket. The stock jumped in Thursday's session, boosted by a rally in bitcoin prices and a deal to buy Deribit.
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May 09, 2025 05:28 ET (09:28 GMT)
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