Third-quarter revenue was $1.22 billion, down 35% year over year. Earnings per share were $2.51, versus an expected loss of $0.06. A security incident at Binance weighed on crypto stocks.

U.S. stocks closed lower on Wednesday, with the Dow down 347 points to 51,482, the S&P 500 off 0.8% and the Nasdaq down 0.9%. Brent crude futures rose 2.3% after U.S.-Iran talks stalled, adding to inflation concerns. Treasury yields also climbed, with the 10-year near 5.2% and the 30-year above 5.5%, weighing further on equities. UK shares rose against the broader risk-off mood.

US equity index futures fell on Monday, with S&P 500, Nasdaq 100 and Dow Jones futures down 0.4%, 0.8% and 0.5%. Stalled US-Iran nuclear talks helped push Brent crude above $108 a barrel, amplifying inflation concerns. Markets lifted the implied odds of a Federal Reserve rate increase in October to nearly 70% as Treasury yields hit multidecade highs, adding pressure on technology shares.

U.S. stocks ended sharply lower on Tuesday, led by a 628-point slide in the Dow Jones Industrial Average. Escalating tensions in the Middle East disrupted energy supplies, pushing Brent crude close to $100 a barrel and amplifying concerns that inflation could stay persistent. The 10-year U.S. Treasury yield rose to around 4.8% as investors increased bets on another Federal Reserve rate hike, lifting demand for safe havens.