Amazon surged after beating earnings and revenue expectations, while Starbucks fell after missing estimates. Chipmaker AMD dropped on declining gaming revenue. Pinterest gained on earnings and revenue beats. Super Micro Computer declined after missing revenue estimates. Caesars Entertainment lost after worse-than-expected first-quarter results. Mondelez slipped despite better-than-expected results due to currency headwinds. Diamondback Energy beat earnings estimates but shares fell. Clorox dipped after missing revenue expectations.
Bitcoin has dipped, but analysts predict a potential surge to $150,000 by December. Solana is rising, while Starbucks is ending its NFT program. Prosecutors recommend a lengthy prison sentence for Sam Bankman-Fried, the former CEO of FTX. Despite fluctuations, Bitcoin ETFs and interest from traditional finance investors remain strong in the crypto market.
