Coinbase Joins S&P 500 Amid Market Shake-Up

Monday, May 12, 2025, 5:20 pm

Coinbase is set to replace Discover Financial in the S&P 500, sparking an immediate share price surge as the crypto exchange steps into traditional finance territory. Investors are watching closely as this landmark listing blurs the lines between digital assets and conventional markets.


cnbc.com / Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

Coinbase is joining the S&P 500, replacing Discover Financial, which is being acquired.

theinformation.com / Coinbase to Join S&P 500 - The Information

Coinbase to Join S&P 500  The Information


permalink / 2 stories from sources in 4 hours ago #crypto #stockmarket #business #finance




More Top Stories...


Apple Unveils Broad OS 18.5 and Related Updates

In a flurry of releases that could only be described as an Apple OS extravaganza, the tech giant has rolled out a series of iterative upgrades across its lineup—including iOS 18.5 with fresh wallpapers, Mail tweaks, and satellite enhancements; macOS 15.5 refinements; updated tvOS, visionOS, watchOS and iPadOS versions; and even a preview of upcoming features. More...


Apple Integrates AI for Battery Management in iOS 19

Apple is gearing up to revolutionize battery performance in its forthcoming iOS 19 release by integrating an AI-driven management feature. The system will monitor usage patterns and intelligently adjust charging practices, blending artificial intelligence with hardware to enhance battery longevity and user experience. More...


Samsung Unveils Galaxy S25 Edge With Enhanced Durability Features

At Unpacked, Samsung pulls back the curtain on its Galaxy S25 Edge. The device is not only impressively slim but also built tougher than your average smartphone, thanks to Corning’s Gorilla Glass Ceramic 2 which boosts its durability. Fans and skeptics alike can’t help but smirk at the bold claims. More...


Google Launches AI Futures Fund for Startup Innovation

Google has announced a new investment initiative aimed squarely at empowering startups building with its latest AI models. By launching the AI Futures Fund, the tech giant seeks to bolster innovation across the ecosystem from seed to later-stage development, all while leveraging insights from its DeepMind research for a smarter future. More...


Perplexity’s Fundraising Waves Propel Valuation to $14 Billion

AI startup Perplexity is wrapping up a hefty funding round—raising $500 million and boosting its valuation to a jaw-dropping $14 billion. The fresh influx of cash underscores investor confidence in its innovative AI solutions, proving once again that in the world of tech, money not only talks, it yells. More...



Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.