Coinbase Revenue Increases from $628M to $736M in Q1 2023
According to the chief investment officer at Coinbase, the crypto firm is venturing into the derivatives market in order to better serve the international customer base.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
According to the chief investment officer at Coinbase, the crypto firm is venturing into the derivatives market in order to better serve the international customer base.
Despite the success of Kenvue’s IPO, Johnson & Johnson remains under allegations that some of its talc products are cancerous.
Microsoft and AMD are working on an artificial intelligence (AI) chip with a code name Athena.
The demise of several United States regional banks including PacWest has come amid the rise of top banks – like Bank of America, and JPMorgan – and Fintechs – like Binance, and Coinbase Global.
On Thursday, the ECB increased interest rates for the seventh consecutive time, with the latest figure aligning with analysts’ predictions.
In 2022, the Big Oil companies, including TotalEnergies, ExxonMobil, Chevron, BP, and Shell smashed their previous year’s earnings.
Los Angeles-based PacWest is considering several strategic options, including a sale, amid a banking crisis-induced stock plunge.
Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000.
Apple expects a 5% drop in revenue amid sluggish sales for Mac and iPad. The Street expects the Apple board to authorize $90 billion worth of buybacks and share repurchases.
Chegg is optimistic it can turn things around with its upcoming Cheggmate beta, an AI-focused student learning platform.
Amid the banking crisis emerging in the market, the US economic environment looks extremely fragile.
The US stock indices notably derailed from the recent growth path it has charted in recent times following the rate hike news.
PacWest and Western Alliance banks recorded heavy losses on Tuesday as the market is still reeling from problems caused by recent collapses.
Chegg is facing massive disruptions in its education business amid the rapid growth of AI platforms. To contain this, Chegg is building its own AI platform CheggMate in collaboration with OpenAI.
Amid lower fossil fuel costs, BP’s profits tanked in comparison to the bumper profits recorded in 2022.