Earnings
H.C. Wainwright Turns Bullish on Coinbase, Double Upgrades to Buy With $425 Target
The investment bank reversed its bearish call on Coinbase, citing renewed crypto momentum and potential U.S. regulatory breakthroughs.
Riot Platforms Shares Jump Pre-Market After Posting Unexpected Profit on Record Revenue
Strong bitcoin mining performance and data center expansion drive momentum.
Crypto Platform Bullish's Second-Quarter Earnings Beats Wall Street's Estimates
The crypto platform that went public on the New York Stock Exchange in August sees higher adjusted Ebitda for the third quarter.
Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord
The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.
IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
Nvidia Shares Edge Lower After Earnings Beat; Cryptocurrencies Little-Changed
Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.
Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue
eToro reported $2.09 billion in total revenue in Q2, with cryptoassets contributing $1.91 billion.
Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.
Coinbase Stock Tumbles 7% After Disappointing Q2 Results
The company posted total revenue of $1.5 billion, lower than the $1.59 billion that analysts had expected.
Strategy Earned $10B in Q2 on Back of Bitcoin Price Gain
Led by Michael Saylor, the company guided to full year net income of $24 billion, or $80 per share, based on a year-end BTC price outlook of $150,000.
