Morning Minute: Coinbase Misses Earnings on Surprise Loss
In recent developments, coinbase missed earnings, but one of its newest businesses is scaling incredibly fast—and Tom Lee may finally be slowing his Ethereum buying. Looking closer, market participants highlight…
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
In recent developments, block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions. Looking closer, market participants highlight…
Bernstein sees potential bottom for crypto stocks ahead of Q1 earnings
In recent developments, bernstein says crypto-linked equities like Coinbase, Robinhood and Figure now trade about 60% below last year’s peaks, but analysts see growth in revenue and earnings through 2027.…
GameStop Q3 earnings miss estimates, pressured by soft sales and lower BTC gains
In recent developments, falling sales and diminished Bitcoin gains pressured earnings, with the stock continuing to retrace its brief rally in March. Looking closer, market participants highlight key drivers such…
Block shares tumble after-hours on Q3 earnings miss
In recent developments, block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses. Looking closer, market…
Block shares tumble after-hours on Q3 earnings miss
In recent developments, block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses. Looking closer, market…
