From Nasdaq:

The U.S. stock market attempted a rebound after a higher-than-expected inflation report in January, ending the day with gains. The Dow Jones Industrial Average went up 0.4%, S&P 500 by 0.96%, and Nasdaq by 1.3%.

Shares of Coinbase Global Inc soared by 14.24% amid anticipation of fourth-quarter financial results. Marathon Digital Holdings, Inc. and Riot Platforms, Inc. gained significant attention, while QuantumScape Corp reported a narrower loss than expected for the fourth quarter. Tesla Inc shares increased by 2.55%.

Coinbase Global Inc ended the day with its shares closing up 14.24% at $160.38. Marathon Digital Holdings, Inc. and Riot Platforms, Inc. both experienced significant gains, with MARA closing up 14.35% at $29.41 and RIOT up 14.12% at $17.62.

QuantumScape Corp reported a narrower loss than expected for the fourth quarter, closing the day up 2.54% at $7.67. Tesla Inc shares increased by 2.55%, closing at $188.71.



Read more: Bitcoin’s $51K Move Puts Crypto Stocks Coinbase, Marathon, Riot Platforms On Investors’ Radars — QuantumScape, Tesla Also Trend