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Coinbase Loses $1.1 Billion in Second Quarter

Coinbase Global Inc. posted a $1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices. Shares slid on the news after the close. Coinbase President and COO Emilie Choi speaks to Bloomberg’s Emily Chang.

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Coinbase Global Inc. posted a $1.1 billion second-quarter loss and lower-than-expected revenue as the largest US cryptocurrency exchange was battered by tumbling digital-asset prices. Shares slid on the news after the close. Coinbase President and COO Emilie Choi speaks to Bloomberg’s Emily Chang.

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16 Comments

16 Comments

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    August 9, 2022 at 10:39 pm

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Bloomberg Technology

Big Tech in Wait-and-See Mode | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market cool-off as investors digest the direction of Fed cuts and Donald Trump’s next moves. And, EV’s take a hit as reports emerge that the $7,500 EV tax incentive will be cut under the new Trump administration. Plus, how one company is growing customers with their plant-based…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market cool-off as investors digest the direction of Fed cuts and Donald Trump’s next moves. And, EV’s take a hit as reports emerge that the $7,500 EV tax incentive will be cut under the new Trump administration. Plus, how one company is growing customers with their plant-based protein.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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US, China’s AI Codependency

Alfred Chuang of Race Capital discusses the potential impact of tariffs and trade wars on the tech industry under the new Trump administration. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Alfred Chuang of Race Capital discusses the potential impact of tariffs and trade wars on the tech industry under the new Trump administration. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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Why the DOGE May Act Like Brushfire

Jennifer Pahlka of the Niskanen Center likens the Department of Government Efficiency to a brushfire, saying some cuts will be healthy in the long run. She joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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Jennifer Pahlka of the Niskanen Center likens the Department of Government Efficiency to a brushfire, saying some cuts will be healthy in the long run. She joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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