Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tyson Foods , BioNTech , AIG, and Take-Two Interactive Software will report. Coinbase Global, Norwegian Cruise Line Holdings , Sysco , and Ralph Lauren go on … Read more

Coinbase Stock Soars as Crypto Exchange Forms Partnership With BlackRock

Text size BlackRock is partnering with Coinbase to offer Bitcoin trading services. Michael Nagle/Bloomberg BlackRock is partnering with Coinbase Global to offer Bitcoin trading services to institutional clients, representing a push into cryptocurrencies for the world’s largest asset manager and a ringing endorsement for the embattled crypto exchange. Institutional investors who use BlackRock ’s Aladdin … Read more

US charges ex-Coinbase manager in first crypto insider trading case

Technology US charges ex-Coinbase manager in first crypto insider trading case Friday July 22 2022 NEW YORK, July 21 (Reuters) – A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, US prosecutors in Manhattan said on Thursday. Ishan Wahi, the product … Read more

Coinbase Earnings Reveal Large Loss, Sink Stock

Text size Coinbase reported a loss of $1.98 a share on sales of $1.165 billion. Michael Nagle/Bloomberg Coinbase Global stock was tumbling after the Bitcoin broker reported a larger-than-expected loss. Coinbase shares fell 14% in after-hours trading on Tuesday, after dropping 12.6% ahead of the earnings report. Coinbase stock is down 83% from an all-time … Read more

Cathie Wood Is Sticking With ARK’s “Super Growth” Stocks–and Avoiding the FAANGs

Opinions on Cathie Wood run strong. “She knows nothing more than anyone else,” one reader all-capped me in an email this past week. I think value investors have been waiting so long for a momentum-stock comeuppance that some are now trying to remember the moves to their end-zone dances. “All I have to do is … Read more