First-quarter results highlight declining transaction volumes and investor caution amid broader crypto market uncertainty. Coinbase reported a 30.5% year-over-year decline in first-quarter revenue, reflecting lower crypto trading volumes and subdued investor activity. The
First-quarter gold demand reached an all-time high in value terms despite modest volume growth of 2 percent year-on-year. Global gold demand increased 2 percent year-on-year in the first quarter, marking the highest value on record for the period. The rise reflects sustain
First-quarter results missed estimates due to lower transaction revenue amid declining digital asset prices. Coinbase Global Inc. posted a first-quarter net loss after crypto trading volumes fell sharply. Revenue of $1.16 billion undershot analyst forecasts, reflecting wea
New York Fed President Williams highlights persistent investor appetite for government bonds amid elevated issuance levels. New York Federal Reserve President John Williams stated that demand for US Treasury securities remains robust despite increased supply. His comments
The synthetic biology firm reported a narrower Q2 GAAP loss but missed revenue forecasts by $23.49M. Ginkgo Bioworks Holdings reported a Q2 GAAP loss of $1.28 per share, beating expectations by $0.06. Revenue reached $19.47M, falling short of estimates by $23.49M. A
The offering could increase float and pressure shares as a major holder reduces its stake in the company. A V2X shareholder is selling 2 million shares in a secondary offering, aiming to raise capital by reducing its position. The move follows recent trading activity and m
The gaming peripherals maker reported a wider-than-expected GAAP loss and lower revenue in its latest quarterly results. Turtle Beach posted a GAAP earnings per share loss of $0.78, missing estimates by $0.34. Revenue reached $42.2M, falling short of expectations by $4.67M
Inseego reports a narrower Q2 non-GAAP loss of $0.06 per share but misses revenue expectations by $0.23M. Inseego announced a non-GAAP loss of $0.06 per share for the quarter, beating expectations by $0.06. Revenue reached $34.3M, falling short of estimates by $0.23M.
Datadog stock rises 31% after earnings report Datadog's strong earnings results have led to a significant increase in the company's stock price, with shares rising 31%. The earnings report has also had a positive impact on other cloud infrastructure companies, with sh
Mexico’s central bank signals end of easing cycle after reducing benchmark rate by 25 basis points in a 3-2 vote. The Bank of Mexico reduced its benchmark interest rate by 25 basis points to 11.00%, marking its first cut since 2021. The decision was split 3-2, with policym
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