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PANews cited an announcement stating that eToro's third-quarter net profit fell 74% year over year, and the board approved a share repurchase program of up to 250000000 USD. In October, the number of cryptocurrency transactions declined 62% year over year.
Hut 8 said it has sold approximately 3100 BTC, with proceeds of about 250000000 USD used to complete the previously planned share repurchase and cancellation; the board subsequently increased the total repurchase authorization to 1000000000 USD.
PANews, citing Bloomberg, reported that Airbnb's third-quarter revenue increased by 19% year-on-year to 4870000000 USD, and the company raised its full-year guidance for the third time while adding a new buyback authorization of up to 12000000000 USD. The stock rose 5.8% in U.S. after-hours trading.