Coinbase’s Paper Profits Mask Trading Slump in Volatile Q2
Coinbase reported $1.43B net income in Q2 despite 27% revenue decline, fueled by $1.5B Circle stock gains and crypto investments offsetting plummeting transaction activity.
Coinbase reported $1.43B net income in Q2 despite 27% revenue decline, fueled by $1.5B Circle stock gains and crypto investments offsetting plummeting transaction activity.
Global stock markets show mixed performance amid economic uncertainty, with tech stocks leading gains while energy sectors lag. Investors weigh inflation data and central bank policies for future direction.
Roku stock is experiencing a notable uptick today, driven by positive market sentiment, strong earnings potential, and increasing demand for streaming services. This article examines the factors contributing to ROKU’s rise and its outlook.