Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Stock Movers: COIN, SHOP, PINS
Stock Movers
COIN, SHOP, PINS
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Coinbase (COIN) is higher on news it will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, with some teams consisting of just one person. - Pinterest (PINS) shares jumped almost 20% in extended trading after the company reported first-quarter sales that topped analyst estimates. Pinterest reported 631 million monthly users in the quarter ended March 31, up 11% from a year earlier, and a net loss of $73.6 million for the quarter. - Shopify (SHOP) shares slumped as its revenue outlook suggests growth pace may be slowing down. The Ottawa-based commerce software maker expects revenue in the second quarter to increase at a “high-twenties percentage rate” from a year earlier, according to a Tuesday filing.
May 05, 2026