Earnings
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
Shares in the popular trading platform were higher by 7% after the company topped first quarter revenue and earnings estimates.
Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts
The business has a number of positive catalysts including its smart wallet, Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.
Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord
The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.
Galaxy Digital Reports 2023 Net Income of $296M Following Year-Earlier $1B Loss
The reversal marks a thawing of the crypto winter that occurred in 2023.
Robinhood Shares Jump in Premarket Trading After Blowout February Activity Levels
Crypto volumes grew 10% month-on-month to $6.5 billion, the company said.
Bitcoin Miner Marathon's Sales Beat Fails to Impress Wall Street
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.
Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report
The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to the rally in bitcoin prices, a Jefferies analyst said.
AI-Linked Crypto Tokens Surge After Nvidia Sees 'Tipping Point'
AI tokens outperform the CoinDesk 20 index, as crypto traders bet on solid Nvidia earnings and outlook.
JPMorgan Analyst Criticizes Coinbase's Lack of Insights Into Its ETF Business
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
