A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm CFO Michael Linford. The fintech firm uses the hour a consumer attempts a transaction…

Check out the companies making the biggest moves midday. Coinbase Global — Shares surged nearly 16% after the cryptocurrency exchange reported its first profit in two years. Coinbase’s fourth-quarter earnings came in at $1.04 per share, above the 1 cent loss expected from analysts polled by LSEG, formerly known as Refinitiv. Revenue was $954 million,…

Check out the companies making headlines in premarket trading. Dropbox — Shares of the cloud storage company pulled back nearly 13% after the company issued lower-than-expected first-quarter revenue guidance. Dropbox now forecasts revenue in the range of $627 million to $630 million, while analysts surveyed by FactSet expected $632.5 million. Ingersoll Rand — Shares climbed…

Check out the companies making headlines in after-hours trading. DoorDash – Shares dropped nearly 8% after the food delivery reported mixed fourth-quarter results. Although revenue rose 27% to $2.3 billion, outpacing LSEG estimates, the loss of 39 cents per share was wider than expected. DoorDash, which has seen its stock skyrocket 85% over the past…

NEW YORK, NEW YORK – MAY 17: President and CEO of Wells Fargo Charlie Scharf attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022 in New York City. (Photo by Steven Ferdman/Getty Images) Steven Ferdman | Getty Images Entertainment | Getty Images Wells Fargo said Thursday…

Check out the companies making headlines in midday trading. Cisco Systems — The tech company’s shares dropped 4.4% after it posted declining fiscal second-quarter revenue. Cisco also issued a lighter-than-expected forecast for the third quarter and announced a downsizing plan that would lead to a 5% reduction in jobs . Twilio — The cloud communications…

Check out the companies making headlines in premarket trading. Twilio — Shares dropped nearly 11% after the consumer engagement company issued lower-than-expected revenue guidance for the current quarter. Twilio also reporter total active consumers for the fourth-quarter that were below Wall Street estimates. Cisco — Shares dropped 4.4% after the tech company posted a yearly…

Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — The U.K. economy slipped into a technical recession in the final quarter of last year, initial figures showed Thursday. The Office for National Statistics said U.K. gross domestic product shrank by 0.3% in the final three…

Check out the companies making headlines in extended trading. Robinhood Markets — Shares jumped 8% after the trading platform posted a surprise earnings and revenue beat. Robinhood reported 3 cents in earnings per share, versus analysts’ expectations of a loss of 1 cent per share, according to LSEG, formerly known as Refinitiv. Revenue came in…

Check out the companies making headlines in midday trading. WK Kellogg — The cereal company’s shares surged 11% after posting a beat on both top and bottom lines in the fourth quarter. The recently spun-off company also raised its 2024 forecast. Shopify — The e-commerce company saw shares slide more than 10% after it gave…