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Coinbase Global reported a jump in third-quarter profit on Thursday, as heightened volatility in digital assets boosted trading volumes at the cryptocurrency exchange.The company reported a net income of $432.6 million, or $1.50 per share, for the three months ended September 30, compared with $75.…
By Manya SainiSoFi Technologies raised its annual profit forecast above Wall Street estimates on Tuesday after a surge in fee-based revenue fueled record third-quarter results for the financial technology major.Shares of the company rose 3.8% in premarket trading after the results. The company has …
Coinbase shares slumped 11% before the bell and are set to open at their lowest in a month on Friday, after the crypto exchange reported a drop in second-quarter adjusted profit due to a slowdown in trading.The stock was last trading at $335.33, on track to wipe out nearly $11 billion of market…
By Katherine HamiltonCoinbase Global missed revenue expectations in the second quarter and offered a guidance range that also fell below Wall Street's estimates.The cryptocurrency exchange on Thursday posted a profit of $1.43 billion, or $5.14 a share, in the quarter ended June 30, compared with $36…
Strategy reported its first profit in six quarters on Thursday, as the biggest corporate holder of bitcoin benefited from a remarkable quarter for cryptocurrencies.In a watershed moment of legitimacy for the crypto industry, U.S. President Donald Trump signed the GENIUS Act into law earlier th…
Strategy reported its first profit in six quarters on Thursday, as the biggest corporate holder of bitcoin benefited from a remarkable quarter for cryptocurrencies.In a watershed moment of legitimacy for the crypto industry, U.S. President Donald Trump signed the GENIUS Act into law earlier th…
Applied Digital Corp reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -32 cents. The mean expectation of nine analysts for the quarter was for a loss of 11 cents per share. Wall St…
Applied Digital reported third-quarter revenue below Wall Street estimates on Monday, as clients delayed renewing their data center leases, sending shares of the company down 11% in extended trading.The data center operator said its board has approved plans for a potential sale of the cloud service…
Canaan Inc. Announces February 2025 Bitcoin Production, Mining Operation Updates, and Preliminary Fourth Quarter 2024 Financial ResultsPR NewswireSINGAPORE, March 3, 2025SINGAPORE, March 3, 2025 /PRNewswire/ — Canaan Inc. ("Canaan" or the "Company"), an innovator in crypto mining, today released it…