On this episode of Stock Movers:
- Coinbase (COIN) shares rise. Coinbase Global Inc. said it will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence.
- Meta (META) shares rise. Meta Platforms Inc. is working on a financing package for a data center in El Paso, Texas, that could total roughly $13 billion, underscoring Big Tech’s growing reliance on debt to bankroll the infrastructure behind the AI boom. 
- Fiserv (FISV) shares slide. The payments company reported first quarter adjusted revenue and organic revenue that came in below analyst expectations. KBW analyst Vasundhara Govil said “although FISV reported a headline EPS beat, it was low quality with revenues coming in below expectations”

On this episode of Stock Movers: - Coinbase (COIN) shares rise. Coinbase Global Inc. said it will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. - Meta (META) shares rise. Meta Platforms Inc. is working on a financing package for a data center in El Paso, Texas, that could total roughly $13 billion, underscoring Big Tech&rsquo;s growing reliance on debt to bankroll the infrastructure behind the AI boom. - Fiserv (FISV) shares slide. The payments company reported first quarter adjusted revenue and organic revenue that came in below analyst expectations. KBW analyst Vasundhara Govil said &ldquo;although FISV reported a headline EPS beat, it was low quality with revenues coming in below expectations&rdquo;

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Coinbase Jumps, Meta Rises, Fiserv Slides as Organic Revenue Misses Expectations

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