Browsing: Coinbase

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) fell 13.9% in the morning session after the company reported second-quarter financial results that missed Wall Street’s expectations on both the top and bottom lines. For the quarter, Coinbase posted revenue of $1.22 billion, representing an 18.5% year-over-year decline and falling short of the consensus forecast of $1.30…

Coinbase Global (COIN) stock tumbled more than 14% early Friday after the company posted a wider-than-expected second quarter net loss on Thursday, marking its third quarter in the red since the crypto market began to drawdown from its October highs. 

I’ve been too consumed with the daily happenings at Nvidia (NVDA), Micron (MU), Sandisk (SNDK), and the “Magnificent Seven.” I suspect you have too, which makes sense given how important these stocks are to the broader market