Earnings
Robinhood Stock Drops After Earnings Miss, but Analyst Remains Optimistic
By FXCOINZ Editorial
•
31/10/2024
Robinhood’s shares fell over 13% following a Q3 earnings miss. Despite the setback, JMP Securities raised its price target to $33, maintaining a bullish outlook.
Coinbase Stock Dips After Q3 Earnings Miss: U.S. Election Becomes Key Catalyst for Recovery
By FXCOINZ Editorial
•
31/10/2024
Following Coinbase’s Q3 earnings miss, the upcoming U.S. presidential election is now a major short-term catalyst for Coinbase and the crypto industry.
Bitcoin Mining Profitability Hits Record Lows, JPMorgan Reports
By FXCOINZ Editorial
•
04/09/2024
Bitcoin mining profitability has reached an all-time low, with miners earning just $43,600 per exahash per second in daily block rewards in August 2024, according to JPMorgan. This marks a significant drop from the peak of $342,000 per EH/s in November 2021, as rising network hashrate and increased mining difficulty continue to pressure the industry.
Riot Platforms’ Q2 Loss Expands to $84.4M Amid Rising Operational Costs
By FXCOINZ Editorial
•
01/08/2024
The company’s loss per share doubled to $0.32.