News with the tag "Earnings Report"

Coinbase is expected to report a significant rise in fourth-quarter revenue on Thursday, driven by a surge in cryptocurrency prices following Donald Trump’s return to the White House. Investors are watching closely to see if the exchange has capitalized on renewed enthusiasm in the crypto sector, wh...

Long-term investors should consider loading up on shares of Coinbase Global Inc (NASDAQ: COIN) on the post-earnings decline, says Devin Ryan – a JMP Securities analyst. The crypto company lost about 13% today after falling short of earnings estimates and offering muted revenue guidance for its curre...

Coinbase stock fell in after-hours trading Wednesday after the cryptocurrency exchange reported third-quarter earnings and revenue that fell below Wall Street analysts’ estimates. Based on FactSet data, the crypto exchange posted total revenue of $1.2 billion for the quarter, compared with an averag...

JPMorgan Chief Executive Officer Jamie Dimon spoke on Friday about the speculation about a potential role in the next US administration, saying the possibility of his leaving the financial institution to serve under the country’s next president is still being determined. At the same time, the bank’s...

BlackRock Inc., the world’s largest asset manager, announced a notable increase in its assets under management (AUM). Moreover, the organization also reported robust earnings for the second quarter of 2024. The New York-based firm reported a record AUM of $10.6 trillion. A Look BlackRock’s Q2 Earnin...

Coinbase Global, Inc. (COIN) is anticipated to release its earnings report on August 1, 2024. This upcoming date, derived from historical reporting patterns, may be adjusted once the company confirms the actual earnings date. As the earnings report approaches, Wall Street analysts are predicting sig...

Nike Inc (NYSE: NKE) is losing in extended hours on Thursday after coming in shy of Street estimates for its fourth financial quarter. Shares of the footwear giant are still down close to 15% versus the start of 2024. Notable figures in Nike Q4 earnings release Nike reported a 110 basis points incre...

Walgreens Boots Alliance Inc (NASDAQ: WBA) trading down this morning after reporting weaker-than-expected financial results for its third quarter. Shares of the healthcare giant are now down close to 50% for the year. Walgreens stock sinks on disappointing guidance Walgreens stock is in the red at w...

Coinbase (COIN) recently reported strong first quarter earnings for FY24, surpassing the Wall Street EPS estimate by over 400%. The COIN stock jumped over 8% ahead of the earnings call. However, the after market hours showed a different picture with a 3% decline despite the robust earnings report. W...

This morning, stock prices for cryptocurrency exchange platform company Coinbase Global Inc are up almost 9% in pre-market trading. Meanwhile, cryptocurrency-focused financial services company Block Inc (which allows clients to transact and invest in stocks using Bitcoin) has enjoyed a similar surge...