Coinbase Global, Inc. (COIN)
Crypto exchange Coinbase clobbered as bitcoin prices plummet
Coinbase Global Inc (NASDAQ:COIN) took a 16% clobbering on Monday in response to a broader sell-off of technology stocks and collapsing bitcoin spot price. The Nasdaq-listed cryptocurrency exchange, which primarily generates revenues from bitcoin trades, posted strong second-quarter financials on Friday.
Coinbase expects US to be crypto-friendly irrespective of election outcome
The next U.S. administration will be "constructive" on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday, underscoring the industry's growing political influence ahead of the November election.
AI predicts Coinbase (COIN) stock price after Q2 earnings
Coinbase Global Inc (NASDAQ: COIN) reported its Q2 2024 earnings with above-expectation results, although with lower profits than Q1. Finbold turned to OpenAI‘s leading artificial intelligence (AI) model, ChatGPT-4o, for insights on the stock‘s projected price for next year.
Coinbase Global (COIN) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Coinbase Global (COIN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Coinbase Global, Inc. (COIN) Q2 2024 Earnings Call Transcript
Coinbase Global, Inc. (NASDAQ:COIN ) Q2 2024 Earnings Conference Call August 1, 2024 5:30 PM ET Company Participants Anil Gupta - Vice President, Investor Relations Brian Armstrong - Co-Founder & Chief Executive Officer Alesia Haas - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Ken Worthington - JPMorgan Benjamin Budish - Barclays Bank Owen Lau - Oppenheimer Mike Colonnese - H.C. Wainwright Joseph Vafi - Canaccord Genuity Pete Christiansen - Citigroup Dan Dolev - Mizuho John Todaro - Needham Patrick Moley - Piper Sandler Operator Good afternoon.
Coinbase Global, Inc. (COIN) Matches Q2 Earnings Estimates
Coinbase Global, Inc. (COIN) came out with quarterly earnings of $1.07 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.42 per share a year ago.
Coinbase warns of ‘modest headwinds' ahead, as it pursues mainstream adoption
Shares of Coinbase Global Inc. rose after hours on Thursday after the cryptocurrency exchange reported second-quarter sales that beat Wall Street's expectations, helped by a bump in subscription and services revenue that built off signs of more mainstream acceptance that spurred a crypto rally earlier this year.
Coinbase Stock Sags Ahead Of Earnings, Despite Spike In Crypto Activity, String Of Bullish News
Analysts expect a rebound in crypto trading to propel strong results for Coinbase. Coinbase stock retreats as bitcoin falls after Fed update.
Shareholder Rights Advocates at Levi & Korsinsky Investigate Coinbase Global, Inc. (COIN) Regarding Possible Securities Fraud Violations
NEW YORK, NY / ACCESSWIRE / August 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Coinbase Global, Inc. ("Coinbase") (NASDAQ:COIN) concerning possible violations of federal securities laws. The Financial Conduct Authority ("FCA"), a U.K. financial regulator, issued a press release on July 25, 2024, announcing that it had fined Coinbase's U.K. unit CB Payments Limited ("CBPL") approximately $4.5 million "for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers.
Coinbase Earnings Are Soon. The Regulatory Backdrop Is Improving.
The prices of Bitcoin and other cryptocurrencies were relatively steady in the second quarter.
Lost Money on Coinbase Global, Inc.(COIN)? Contact Levi & Korsinsky Regarding an Ongoing Investigation
NEW YORK, NY / ACCESSWIRE / July 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Coinbase Global, Inc. ("Coinbase") (NASDAQ:COIN) concerning possible violations of federal securities laws. The Financial Conduct Authority ("FCA"), a U.K. financial regulator, issued a press release on July 25, 2024, announcing that it had fined Coinbase's U.K. unit CB Payments Limited ("CBPL") approximately $4.5 million "for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers.
Will Coinbase (COIN) Gain From Improved Trading in Q2 Earnings?
Coinbase's (COIN) second-quarter results are likely to reflect a prudent mix of simple and advanced trading volume.
