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Bitcoin Surge Boosts Coinbase; Moderna Settles Patent for $950M

3/4/2026

24 4 Full Breakdown

Summary

Story summary

Bitcoin rose about 5% to $71,418, lifting Coinbase 7% and Strategy 8%.
Moderna settled a patent dispute for $950 million.
Investors view the settlement positively because it could bolster cash reserves to $4.5–$5 billion.
Ross Stores exceeded fourth-quarter expectations, reporting $6.64 billion in revenue.
CrowdStrike and Box reported strong earnings.

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Story summary

Bitcoin rose about 5% to $71,418, lifting Coinbase 7% and Strategy 8%.
Moderna settled a patent dispute for $950 million.
Investors view the settlement positively because it could bolster cash reserves to $4.5–$5 billion.
Ross Stores exceeded fourth-quarter expectations, reporting $6.64 billion in revenue.
CrowdStrike and Box reported strong earnings.