U.S. stock night market fluctuations: Coinbase rose 3.35% in after-hours trading, legislative progress boosted market sentiment, but profit expectations were downgraded

U.S. Stock Night Market Movements Coinbase rose 3.35% in the night market. Based on recent key news: On May 2, Coinbase reached a compromise with banks on stablecoin yield terms, clearing obstacles for the Senate to advance the cryptocurrency market structure bill. This move is expected to push the "Clarity Act" into the voting process, further clarifying the division of responsibilities between the SEC and CFTC in cryptocurrency asset regulation. Source: Jinse Finance On May 2, Coinbase's Bitcoin premium index turned positive, currently reported at 0.0037%, indicating a warming buying sentiment in the U.S. market. A positive premium usually means strong buying in the U.S. market, with institutions or compliant funds actively entering. Source: Jinse Finance On May 1, analysts lowered Coinbase's EPS estimate for 2026, with the median revised down from $2.88 to $2.56, reflecting market concerns about its profitability. Source: FactSet The progress of cryptocurrency market legislation is boosting market sentiment. Stocks with High Trading Volume in the Industry S&P Global rose 0.46% in the night market. Based on recent key news: On May 1, S&P Global CEO Martina Cheung purchased 2,322 shares of common stock, increasing her direct holdings to 27,518 shares. This news may enhance market confidence in the company's management, driving the stock price up. On May 1, S&P Global's S&P Dow Jones Indices is considering adjustments to IPO rules, which may affect the conditions for large companies to enter its indices. This news may trigger market attention on future IPO activities, impacting stock price volatility. On May 3, S&P Global assessed Qatar's assets, believing they are sufficient to cope with current trade disruptions. This assessment may influence market expectations regarding regional stability, thereby affecting stock prices. Increased macroeconomic uncertainty necessitates attention to risks. NASDAQ OMX fell 0.18% in the night market. Based on recent key news: On May 1, trading on NASDAQ was suspended for unknown reasons. This event increased market uncertainty, affecting investor confidence and causing significant stock price fluctuations. On May 1, U.S. stocks rebounded strongly in April, with AI-driven tech stocks soaring. The market faces challenges from index adjustments and geopolitical risks, showing strong overall performance, driving stock prices up. On May 1, the SEC approved NASDAQ's new forecasting tool. This move opens new business growth points for NASDAQ, enhances market transparency, and attracts more investor attention. The market's reliance on AI deepens, necessitating cautious risk assessment. Bullish rose 0.71% in the night market, with a trading volume of $34,700, with no significant news recently. Trading is active, and capital flows are evident. Considering sector and industry trends, this stock shows significant volatility, and specific reasons need further observation