Diamonds and Dogs

6/6/23

A software firm promoting AI. GitLab (GTLB) is jumping 23% following better than expected earnings as management said they are using AI in their software to drive efficiencies, increase productivity, and accelerate their pace of innovation.

More regulation for cryptocurrency. The industry's biggest exchange, Coinbase (COIN) is down 20% as the SEC is suing the firm for operating as an unregistered broker by handling cryptocurrency transactions, evading the disclosure requirements meant to protect investors.

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