
Ark Investment CEO Mentions SEC’s Influence on Selling Coinbase Shares
The investment company still holds about 7.1 million shares of the crypto exchange.
The investment company still holds about 7.1 million shares of the crypto exchange.
The documents revealed that the Primary Conversion would become effective before 2022 ends.
Following the Q2 2022 performance, Palantir expects revenue for the current quarter to be between $474 million and $475 million.
Marathon Digital saw a 51.8% drop to $24.9 million in revenues during Q2 2022.
With the current outlook of the global industry, Lyft is giving a conservative projection for its future earnings as it is anticipating the full year of 2022 revenue growth that will be slower than the 36% achieved in 2021.
Despite challenging macroeconomic conditions and a high level of inflation, DoorDash has not seen changes in its consumer engagement and loyalty. This resulted in great revenue.
Alibaba released its fiscal Q1 2022 came in stronger than expected and now sees the tech giant optimistic about the rest of the year.
After increasing more than 16% on the partnership news, Coinbase stock added 1.24% to $90.00 in after-hours trading.
While Ubisoft is at a market valuation of about $5.3 billion, sources revealed based on an internal discussion that Tencent could offer up to 100 euros (101.84) per share to buy a bigger stake.
Adidas said the persisting lockdowns in China and Vietnam affected its performance in Q2 2022.
As Michael Saylor steps down, President Phong Le will be taking over the mantle as the new CEO at MicroStrategy. Meanwhile, Saylor will be assuming the role of Executive Chairman to focus on Bitcoin strategy solely.
The bank reported a revenue hit of 7 billion euros for the quarter while its operating expenses topped 4.5 billion euros.
All four AMD major segments increased in the last quarter, contributing to the high revenue.
However, net income attributable to Starbucks in the fiscal third quarter was $912.9 million, or 79 cents per share. This is lower than the previous year’s $1.15 billion or 97 cents per share.
The company said it has continued to record continuous growth in both its user count and the number of active drivers on its platform.