Company News for Sep 18, 2026
Coinbase Global (COIN) surged 5.8% in Friday trading after the SEC issued new tokenization rules, while CoreWeave, Inc. (CRWV, NASDAQ) fell 4.2% following the company's announcement of a $3 billion convertible debt offering. SanDisk (SNDK) jumped 6.2% on broad tech rally strength, and Newmont Corporation (NEM) added 2.2% as precious metals gained support from falling yields and a weaker dollar.
The SEC's tokenization framework marks a potential regulatory turning point for crypto exchanges like COIN, which has faced prolonged uncertainty around digital asset rules. CoreWeave's convertible debt raise signals the company is tapping capital markets to fund its AI infrastructure buildout, though the dilutive nature of the offering pressured shares. SanDisk rode momentum in the broader technology sector, while Newmont benefited from a favorable macro backdrop for gold and silver miners as real yields compressed.