Analyst says ‘it doesn’t matter’ as Block reports a hit to BTC revenue in Q4

Block reports a 7. 0% decline in its fourth quarter bitcoin revenue. Baird analyst David Koning shares his outlook on the Block stock. Shares of the financial technology company are up 15% year-to-date.

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Hut 8 just announced a merger with US Bitcoin: here’s what we know

Hut 8 to merge with US Bitcoin to diversify revenue streams. Mining potential of the combined company will be 5. 6 EH/s. Hut 8 Mining Corp stock ended slightly down on Wednesday. Hut 8 Mining Corp ended slightly in the red on Wednesday after revealing plans to merge with US Bitcoin Corp.

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This crypto stock could nearly triple from here: H.C. Wainwright

H. C. Wainwright reiterates its buy rating on DMG Blockchain. The crypto company had its revenue quadruple in fiscal 2022. DMG stock has already gained 100% since the start of the year. Shares of DMG Blockchain Solutions Inc (CVE: DMGI) have already more than doubled this year but an H.

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Disney (DIS) Stock Slides 4.77% after ‘Avatar’ Opening Weekend Failed to Meet Expectations

Coinspeaker Disney (DIS) Stock Slides 4. 77% after ‘Avatar’ Opening Weekend Failed to Meet Expectations Avatar: The Way of Water has brought Disney a revenue of $134 million at the domestic box office during its opening weekend, falling short of analysts' expectations of $175 million and Disney’s forecast of between $135 million and $150 million.

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Coinbase Head Predicts 50% Revenue Slump This Year, Stock Down 86%

Coinbase chief executive Brian Armstrong is not very optimistic about his firm’s revenue this year. He claims earnings may be cut by half due to a prolonged crypto winter and waning investor confidence.

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GOOGL Stock Tanks 6.5% as Alphabet Misses on Q3 2022 Earnings

Coinspeaker GOOGL Stock Tanks 6. 5% as Alphabet Misses on Q3 2022 Earnings Alphabet's ad revenue from YouTube tanks by 2% against market expectations. The GOOGL stock price has slipped once again under $100 this year.

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FTX’s Revenue Climbs Over $1 Billion During The Last 12 Months As Sam Bankman-Fried Works His Magic

FTX’s financials show a 1,000% increase in the exchange’s revenue from 2021. The exchange has embarked on an acquisition spree of several subsidiaries around the world. FTX launched a stock trading option for U.

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Crypto Exchange Revenue Sees 600% Growth, Outshining Traditional Exchanges

A recent report by financial-services consultancy Opimas has shown that the total revenue generated by cryptocurrency exchanges in 2021 outpaced traditional stock exchanges like the New York Stock Exchange and the Nasdaq after recording a 600% growth.

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Coinbase’s NFT Segment Could Add More Than $1B to Annual Revenue, Needham Says

Analyst John Todaro continues with a buy rating on the stock and $360 price target suggesting more than 100% upside from the current $176.

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Bitcoin miners selling stock and BTC as returns halve since November

Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November, and revenue has fallen even further due to increased competition.

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How To Do Taxes on Your MetaMask Trades? Full Guide

It is the duty of every citizen to pay taxes to the government on all income generated from their various businesses. The tax is also extended to revenue generated from the financial markets.  Being a relatively newer aspect of the financial markets, the world of crypto has seen fewer regulations when compared with the stock […] The post How To Do Taxes on Your MetaMask Trades? Full Guide appeared first on CaptainAltcoin.

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Robinhood Stock Down by 70% Since August, Crypto Revenue Tanks

Shares of Robinhood (HOOD) have dropped by 70% over the past four months. The company has suffered both reputation hits and revenue drops in Q3, which could be behind the drop in valuation. The post Robinhood Stock Down by 70% Since August, Crypto Revenue Tanks appeared first on BeInCrypto.

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Robinhood’s Crypto Activity Drops 78%, Stock Tanks Below IPO

Robinhood had a net loss of $1. 32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34. 80 at 9:46 a. m. in New York, $38 below the IPO price in late July, Bloomberg reported.

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Robinhood Shares Tumble as SEC Considers Banning Payment for Trades

Robinhood, the crypto-friendly stock trading app, has been beset by one issue or the other – even before the company was listed on the NASDAQ exchange. The company appears to be in trouble again, with regulators possibly coming for its top revenue generator.

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How the Shiba Inu frenzy meant big growth for Robinhood

Crypto transactions accounted for more than 41% of Robinhood’s total revenue in the second quarter, compared to 17% for the first three months of 2021, revealed the investing platform’s first earnings report since its recent stock market debut.

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Robinhood Stock Dips After Crypto Boom Warning

Robinhood stock took a dip after the company warned investors of a short-lived revenue surge due to the crypto boom. The post Robinhood Stock Dips After Crypto Boom Warning appeared first on BeInCrypto.

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Robinhood Warns of a Slowdown in Revenue and New Clients’ Growth Due to Cryptocurrency and Seasonality

The popular stock trading app is seeking a market valuation of as much as $35 billion in its upcoming IPO and will attempt to sell its shares at a range of $38-$42 per share. On FTX, “HOOD” is currently trading just under $44, down from above $120 in late March.

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Crypto price drop will negatively impact Q3 revenue, says Robinhood

Robinhood is one of the more popular stock and crypto exchanges out there, and earlier this year, it saw very high trading volume. However, with the situation regarding crypto prices changing in Q2, the company has warned that its quarterly revenue is likely to be significantly lower than before.

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Chinese mining equipment manufacturer Canaan stock jumps 10% within 24 hours

Canaan shares rose in price by 10% after reporting multiple growth in revenue in the first quarter of 2021, driven by an increase in bitcoin mining. Overseas markets drove the growth.

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VZ Stock Down, Verizon Q1 EPS and Revenue Beat Analysts Estimates

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AEO Stock Jumps 8% after American Eagle Outfitters Predicts Increase in Revenue

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BMBL Stock Up 10% as Bumble Q4 Revenue Beats Analyst Estimates

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What Coinbase Going Public Could Do For Crypto

Coinbase, the biggest US-based cryptocurrency exchange has disclosed its detailed plan for the upcoming direct listing on the stock market by Nasqad.  Coinbase submitted an S-1 report to the US SEC outlining key information such as revenue and ownership structure for investors to carry out due diligence on the company.

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Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%

Argo Blockchain said Wednesday that it bought 172. 5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.

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AMZN Stock Up 1%, Amazon Records Largest Quarter by Revenue, $125.56B in Sales

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AAPL Stock Down 3%, Apple Sees Boosted Revenue Growth in Q1 2021 Earnings Report

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Bitcoin to Add $1 Billion in Revenue to PayPal Says Analyst

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Crypto Market Is Not Interested in Owning Bakkt Stock; Coinbase Is the Real Deal Making Money

Crypto derivatives platform FTX CEO Sam Bankman-Fried says Coinbase is no Bakkt 2. 0; it “makes real money” by charging hefty fees. He also estimated FTX valuation at $5bln based on ratios of revenue, userbase, and profit.

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GME Stock Jumps 57%, GameStop Reports Spike in Revenue, Anticipates Better Sales in 2021

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Blockchain Bites: $187M Blockchain Bond, $522M BTC Mining Revenue and ‘Ethereum-First’ Institutional Investors

Singapore is funding blockchain R&D. Germany's second-largest stock exchange's crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of "Ethereum-first" institutional buyers.

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Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January

Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did in October (126 BTC) “due to changes in mining difficulty”, but bitcoin’s […] The post Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January appeared first on Bitcoin News.

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CRM Stock Up 13% After Hours, Salesforce Reports Q2 2020 Earnings, Set to Replace Exxon Mobil on Dow Jones

Coinspeaker CRM Stock Up 13% After Hours, Salesforce Reports Q2 2020 Earnings, Set to Replace Exxon Mobil on Dow JonesSalesforce's revenue for Q2 2020 jumped 29% beating Street expectations by a good margin.

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Apple Stock Price Touches $450, Wedbush Analyst Raises Target to $515

Coinspeaker Apple Stock Price Touches $450, Wedbush Analyst Raises Target to $515Wedbush analyst Dan Ives remains optimistic about the launch of the upcoming iPhone 12 5G which will likely give a major boost to Apple's revenue stream.

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Nintendo Stock Plummets Following Impressive Earnings Report

Coinspeaker Nintendo Stock Plummets Following Impressive Earnings ReportInvestors are bullish on Nintendo Stock following the gaming giant’s Q1 earnings reports with a 428% boost in revenue.

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Uber Stock Down 2.65% After Hours as Its Q2 Revenue Plunges 29% but Delivery Segment Rises

Coinspeaker Uber Stock Down 2. 65% After Hours as Its Q2 Revenue Plunges 29% but Delivery Segment RisesUber reported Q2 results including revenue that managed to beat analysts’ expectations but declined by 29% to $2.

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DIS Stock Up 4.28% After Hours, Disney Revenue in Q3 Falls 42% Due to Coronavirus

Coinspeaker DIS Stock Up 4. 28% After Hours, Disney Revenue in Q3 Falls 42% Due to CoronavirusDisney reported mixed earnings for its Q3 of 2020 while it continues to feel the impact of the coronavirus pandemic on sectors like its parks business.

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AAPL Stock Up 2.5% Yesterday, Apple Coasting Close to $2T Market Cap, Needs $101B More

Coinspeaker AAPL Stock Up 2. 5% Yesterday, Apple Coasting Close to $2T Market Cap, Needs $101B MoreApple is close to a $2 trillion market cap, this surge is fueled by recent price jumps in AAPL stock based on its growth in revenue.

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FB Stock Rises 6% in Pre-market as Facebook Reports 11% Revenue Growth in Q2 2020

Coinspeaker FB Stock Rises 6% in Pre-market as Facebook Reports 11% Revenue Growth in Q2 2020Facebook Q2 2020 earnings beat expectations as the firm recorded significant growth in revenue, earnings per share and monthly users, among other metrics.

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GOOGL Stock Up 0.5% After Hours, Alphabet Q2 Revenue Falls 2% to $38.29B

Coinspeaker GOOGL Stock Up 0. 5% After Hours, Alphabet Q2 Revenue Falls 2% to $38. 29BAlphabet Q2 results are in, revealing that the company has managed to beat Wall Street expectations and sending the stock up after hours.

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AMZN Stock Jumps 5%, Amazon Reports Record Earnings for Q2 2020 Boosted by Pandemic

Coinspeaker AMZN Stock Jumps 5%, Amazon Reports Record Earnings for Q2 2020 Boosted by PandemicAmazon reported a whopping 100% in its net income YoY and a 40% jump in its revenue. The company's grocery sales tripled during Q2 2020 due to massive online shopping demands fuelled by the COVID-19-related government lockdowns.

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V Stock Falls 1.65%, Visa Net Revenue Down 17% in Q3 2020, Earnings Top Expectations

Coinspeaker V Stock Falls 1. 65%, Visa Net Revenue Down 17% in Q3 2020, Earnings Top ExpectationsVisa reported Q3 earnings and revenue that fell sharply as the coronavirus pandemic led to a global recession, plunging consumer spending.

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AMGN Stock Down 1% After Hours, Amgen Q2 Earnings Beat Estimates with Revenue Rising 6%

Coinspeaker AMGN Stock Down 1% After Hours, Amgen Q2 Earnings Beat Estimates with Revenue Rising 6%Amgen reported Q2 earnings that beat Wall Street estimates, but AMGN stock fell over 1% in after-hours trading.

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RYA Stock Down 8%, Ryanair Posts Q1 Loss of 185 Million Euros amid Coronavirus Pandemic

Coinspeaker RYA Stock Down 8%, Ryanair Posts Q1 Loss of 185 Million Euros amid Coronavirus PandemicFor the reported Q1, the Ryanair revenue dropped by 95%. RYA stock lost over 8% after the statement was published.

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TWTR Stock Down 1.4% in Pre-market after Twitter Reports Loss of Ad Revenue in Q2

Coinspeaker TWTR Stock Down 1. 4% in Pre-market after Twitter Reports Loss of Ad Revenue in Q2Shortly after the recent Twitter hack, the social platform has released its second-quarter earnings report.

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MSFT Stock 2% After Market, Microsoft Posts 13% Higher Revenue in Q4

Coinspeaker MSFT Stock 2% After Market, Microsoft Posts 13% Higher Revenue in Q4Microsoft reported Q4 earnings that exceeded Wall Street’s expectations, as the still-raging coronavirus outbreak proved no match for the tech giant’s booming cloud computing business.

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BLK Stock Rises 0.27% in Pre-market as BlackRock Reveals Q2 Results that Beat Expectations

Coinspeaker BLK Stock Rises 0. 27% in Pre-market as BlackRock Reveals Q2 Results that Beat ExpectationsBlackRock declared revenue of $3. 65 billion in Q2, 3. 7% higher than in the same period last year.

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The Fall of Bitcoin’s Worst Enemy Could Cause Crypto to Collapse

Today, big banks across the globe begin revealing quarterly revenue results that could send the stock market tumbling. And given Bitcoin’s continued correlation with the stock market, a devastating blow to the asset’s worst enemy may also drag crypto down with it.

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BABA Stock Fell 5.87% on Friday as Alibaba Projects Slowing Revenue Growth

Coinspeaker BABA Stock Fell 5. 87% on Friday as Alibaba Projects Slowing Revenue GrowthAlibaba (BABA) stock price is down as the e-commerce giant expects that its revenue growth will slow this year due to the coronavirus pandemic.

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SQ Stock Down 4% Now, Bitcoin Revenues in Square Cash App Top Fiat Revenues in Q1

Coinspeaker SQ Stock Down 4% Now, Bitcoin Revenues in Square Cash App Top Fiat Revenues in Q1Although the company's losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher.

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