Coinbase, like most other crypto-linked stocks, has seen its values plummet on the back of the recent crypto market crash.
Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion.
Multinational tech company Alphabet has posted its Q2 2022 report which shows a 13% slowdown in revenue growth.
Coinbase shares dropped by a large margin owing to reports that the exchange will be probed by the SEC for an operational indiscretion.
Based on its Q2 performance, Coca-Cola is now projecting organic revenue growth of 12% to 13%, up from the 7% to 8% it projected earlier.
Leading bank UBS ascribes the less-than-stellar showing in its Q2 2022 report to a challenging period and dwindling client activity.
The e-commerce giant is taking advantage of the new rule change by the Hong Kong Exchange that permits companies to get a double primary listing.
Amid an underperforming crypto and equities market, JPMorgan states that firms such as Coinbase and Robinhood may resort to stock dilution.
While explaining its latest SEC subpoena, Tesla also said prevailing circumstances have necessitated a hike in capital spending.
The shift in consumer spending also affects Walmart’s subscription service, Walmart+.
Following the ECB’s rates hike last week, European markets might move depending on reports from corporate earnings and a new US Fed policy.
The state of the market is generally uncertain and there is a chance that Zomato investors will be looking for every opportunity to offload the shares at every slight price gain.
Silvergate Bank CEO said that their Bitcoin lending continues to grow strongly while referring to the recent market volatility as a good stress test.
Morgan Stanley referred to El Salvadoran bonds at their current prices as a buying opportunity. El Salvadoran 2027 bonds have dropped from 32 cents to 28 cents this year.
Prior to this development, the ECB had kept rates at historic lows in negative territory since 2014.