Coinbase’s second quarter was met with a negative market reaction as revenue growth fell short of Wall Street’s expectations, despite a significant beat on non-GAAP profit. Management attributed the shortfall primarily to a decline in trading volumes, driven by reduced crypto asset volatility and a strategic shift in stablecoin pair pricing. CFO Alesia Haas noted, “Crypto asset volatility declined 16%, despite the average crypto price market cap being roughly flat,” underscoring the impact of market conditions and intentional business decisions on quarterly results. The company also faced elevated operating expenses due in part to a large data theft incident, which weighed on margins.
The Caviar Cruise strategy identifies top long-term investments like Mastercard, focusing on strong growth, high ROIC, solid financials, and quality profits. Ideal for buy-and-hold investors.
The digital asset landscape is undergoing a profound transformation, with stablecoins emerging as a pivotal force bridging the chasm between traditional finance and the burgeoning world of cryptocurrencies. These digital assets, designed to maintain a stable value by pegging to fiat currencies or commodities, are not merely a niche product
Mastercard (NYSE: MA) reported impressive Q2 results, with strong growth in value-added services and international volume. Analysts raise price targets and forecast for future performance.
PayPal (NASDAQ: PYPL) stands as a titan in the realm of digital payments, a company that has fundamentally reshaped how individuals and businesses transact online. Born from the ambitious vision of its founders to democratize financial services, PayPal has evolved from a simple peer-to-peer payment system into a sprawling global
Mastercard (MA) reported Q2 results, with net revenues of $8.13B (+17% Y/Y), beating analyst estimates. Adjusted EPS rose 16% to $4.15. Q3 and FY25 outlook strong.
