“We could have done a better job,” CEO David Solomon said regarding the consumer business, a key element of an effort to make earnings more consistent.
4 min“We could have done a better job,” CEO David Solomon said regarding the consumer business, a key element of an effort to make earnings more consistent.
4 minRegulators have been focusing on crypto companies since FTX’s collapse last November.
2 minBeyond Meat posts a narrower-than-expected fourth-quarter loss, while Carvana reports a loss wider than expected and announces plans to cut about $1 billion in costs.
2 minFinancial-services company PayPal has seen shares lose all its pandemic-era gains. Outgoing CEO Dan Schulman just bought $2 million of stock.
2 minAt least one upgrade and a wave of price target increases have met Jack Dorsey's new investment framework for Block, based on financial discipline.
3 minPayments company Block reported fourth-quarter numbers that beat on the top line, but missed on an adjusted earnings basis. Shares are wobbly in after-hours trading.
2 minFourth quarter and full-year results were buoyed by last year’s deal for Adhesion Wealth.
1 minWall Street jumped to raise price targets on the stock after an earnings "beat," despite key losses.
3 minStock in the cryptocurrency broker Coinbase is up about 80% so far in 2023, but it has lost almost two-thirds of its value over the past year.
3 minStocks such as Coinbase and Silvergate Capital are heavily shorted. But even a little good news could cause them to pop.
3 minAnalysts at Compass Point are calling for the start of a new crypto bull market this year, which they say should boost Coinbase.
3 minStock in the cryptocurrency exchange has torn higher despite pressure from lower trading volumes and mounting regulatory headwinds.
3 minUpstart said that it expects revenue of about $100 million for the first quarter, which is below analyst estimates of $159.4 million.
2 minThe disgraced former crypto exec used a VPN in what could mean trouble for his bail conditions. His lawyers say he just wanted to watch the Super Bowl.
2 minRegulatory pressures continue to weigh on the digital asset industry, slowing down the momentum from a rally that had carried cryptos higher in 2023.
2 min