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In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Coinbase reported user numbers that fell short of analysts’ estimates even as fourth-quarter earnings and revenue beat projections. The stock rose more than 2% in …
Investors holding shares of Coinbase Global (COIN) should be feeling much better than they did at the beginning of the year. In 2023, the stock has rallied a staggering 89%, but the fierce rally is now giving D.A. Davidson anaylst Chris Brendler the signal to pump …
In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Coinbase reported user numbers that topped analysts’ estimates even as third-quarter revenue missed estimates and the cryptocurrency exchange had a wider-than-expected loss. The …
Cryptocurrency trading marketplace Coinbase (NASDAQ: COIN) stock triggered a short squeeze on its horrendous Q2 2022 earnings report. Shares are still down (-66%) for the year even after more than doubling off its $44.15 lows on June 30, 2022. The stock had a 21% short interest …
Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over $1 billion in the second quarter and missed analysts’ estimates for revenue. Here’s how the company did: Earnings: Loss of $4.98 per share, vs. loss of $2.65 per share …
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tyson Foods , Read moreJust as Wall Street Piles In, Tech Stocks Face Fresh Rates Storm BioNTech …
The tough time that the crypto sphere is going through is not about to go away. Judging by the recent decisions announced by the big names in the sector, it is even logical to say that what industry sources call “crypto winter” will continue for several …
(Bloomberg) — After one of the most dramatic weeks yet for ARK Investment Management, Wall Street can no longer have any doubts: Cathie Wood is sticking with her strategy — and investors are sticking with her. Most Read from Bloomberg The chances of both have been …
Text size Coinbase reported a loss of $1.98 a share on sales of $1.165 billion. Michael Nagle/Bloomberg Coinbase Global stock was tumbling after the Bitcoin broker reported a larger-than-expected loss. Coinbase shares fell 14% in after-hours trading on Tuesday, after dropping 12.6% ahead of the earnings …