(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 1.6B | +72% |
Operating Income | 760.5MM | - |
Operating Expenses | 877.1MM | +5% |
Net Income | 1.2B | - |
R&D | 357.9MM | +11% |
G&A | 287.2MM | +2% |
Marketing | 98.6MM | -7% |
Amortization | - | - |
Interest Expense | 19.1MM | +2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Coinbase reported transaction revenue more-than doubled year over year as crypto prices and participation rally with bitcoin.
Apple reports better-than-estimated earnings and expands its buyback program by $110 billion, Amgen ‘very encouraged’ by preliminary data from a trial of a weight-loss drug, and Expedia reduces its sales outlook for the year.
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.
Controversial businessman Martin Shkreli, the former CEO of Turing Pharmaceuticals who raised the price of an essential drug from $13.50 to $750 per pill overnight, appears to have gained a new enemy. In a lengthy post on X, Shkreli shares that he "met this kid in prison" who "wanted to remake his life in crypto trading." In what Mr. Shkreli described as a "gesture of friendship", he gifted the friend 5 million tokens of a soon-to-be-released new project Martin Shkreli is working on. Don't Miss:
The crypto giant is riding high again, but the challenge, as always, is whether it can develop diverse revenue streams for the long haul.
Shares of Coinbase Global slipped Friday despite posting better-than-expected first-quarter earnings the day before. Quarterly revenue rose 53% to $1.64 billion from $773 million a year ago. Coinbase’s earnings benefited from an uptick in crypto prices and trading activities during the quarter.
Coinbase Global (COIN) surpassed estimates on both earnings and revenues, benefiting from the wave of revival in digital coin trading largely due to the launch of a series of new bitcoin ETFs in January.
Coinbase Global, Inc. (NASDAQ:COIN) Q1 2024 Earnings Call Transcript May 2, 2024 Coinbase Global, Inc. beats earnings expectations. Reported EPS is $1.04, expectations were $0.02195. Coinbase Global, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon. My name […]
Both equities and gold have been trading lower since reaching highs in mid-April, the report said.
Coinbase Global stock slid Friday in the wake of first-quarter financial results from the cryptocurrency broker that were far better than expected. Coinbase stock fell 3.5% in premarket trading on Friday after the shares advanced 8.9% on Thursday, before the release of first-quarter results. In some ways, the premarket move lower in Coinbase stock reflects the shares tracking the price of which has tumbled this week.