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Earnings
Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue
The company sees 2023 mining power guidance reaching 26 EH/s, making it the largest bitcoin mining firm in terms of hash rate.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will open in "coming weeks," said the company.
Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls
The crypto exchange's third quarter transaction revenue declined 12% from previous quarter.
AI-Related Tokens Hold Gains After Nvidia's Big Beat Solidifies Bullish Outlook
FET, GRT, AGIX are among the artificial intelligence cryptos that traders are following as the chipmaker reports its second quarter results.
Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates
It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.
Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls
The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell.
Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings
A TD Cowen analyst views MicroStrategy as “an attractive vehicle for investors looking to gain bitcoin exposure."
Zuckerberg Says Meta Has 'Exciting Roadmap' With Threads, AI Products in Pipeline
Mark Zuckerberg, founder and CEO of Facebook parent Meta, says the firm isn't giving up on the metaverse anytime soon. This comes as Meta's metaverse division Reality Labs reported $276 million in sales and $3.7 billion in losses for Q2 2023. Journey Chief Metaverse Officer Cathy Hackl discusses her take on Meta's vision for the metaverse and artificial intelligence (AI).
Tesla Didn’t Buy or Sell Any Bitcoin for Fourth Straight Quarter in Q2
The value of its bitcoin holdings remained at $184 million.
Coinbase Cut to Underweight Ahead of Earnings by Barclays
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.
