Earnings
Gemini Slumps After Missing Earnings Estimates in First Report Since IPO
Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.
EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
Bitcoin Miner IREN Posts Record First-Quarter Earnings, Looks to Growth in AI
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing position.
Robinhood’s Crypto Revenue Miss Tempers Solid Quarter: JPMorgan
The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
The brokerage platform saw a record $80B in crypto trading volume; shares dipped in after hours action despite the earnings beat.
Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat
Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.
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.
