Coinbase is said to be valued at around $65.3 billion on a fully diluted basis with a reference price of $250.
Upon a successful DPO, Coinbase will be the first crypto exchange to go public.
Binance’s new trading stocks tokens feature has received a positive response from users worldwide with the TSLA/BUSD trading pair seeing strong volumes. The new feature allows global investors to participate in traditional stock markets.
Ahead of the direct listing of Coinbase stock tomorrow, this article profiles some basic things to consider before buying COIN shares.
The announcement has negatively affected the shares of Intel (INTC) as they closed yesterday’s trading session down 4.18%.
Satya Nadella, the CEO of Microsoft, explained that the high level of acceleration in the digital transformation influenced their acquisition as Nuance has a health care tool that can play a key role.
During the past three months, Coinbase recorded a revenue of approximately $1.8 billion in comparison to $190 million recorded in the same time last year.
When gauging its performance in February, Nvidia said its revenue for the fiscal first quarter, which ends in May, would total $5.3 billion. However, the company revised the data provided at that time and concluded that its potential is much better than this figure.
Binance will use its BUSD stablecoin to price the tradable stock token.
Alibaba Group has been handed a record fine of $2.8 billion, but interestingly, its shares started pulling some positive numbers after the news.
The move by Darktrace to go public in London is coming after the unimpressive market debut by Amazon-backed food delivery company Deliveroo.
The acquisition of Nuance by Microsoft is strategic and will help the latter to venture into the AI and speech recognition market.
The launch of any crypto or NFT product by GameStop may stir a positive sentiment on the part of digital currency investors, a situation that may impact the company’s stock.
Citing massive demand for its popular models, Tesla has updated the prices for its Model 3 and Model Y. However, the immediate concern in short term is that it has very little inventory at this point.
The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.