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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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Bloomberg Technology

Tesla Plans Additional $25 Billion in Spending | Bloomberg Tech 4/23/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk’s AI ambitions. Plus, Intel shares jump after the company pledges to support Musk’s advanced chip manufacturing project, Terafab. And, Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Tesla’s plans to spend an additional $25 billion this year to support Elon Musk’s AI ambitions. Plus, Intel shares jump after the company pledges to support Musk’s advanced chip manufacturing project, Terafab. And, Lyft CEO David Risher discusses the company’s international growth plans as the ride-hailing firm buys the London black cab app Gett.

Chapters:
00:00:00 – Intro
00:06:58 – Tesla Boosts Spending Plan to $25B for AI, Robot Push
00:17:01 – Lyft CEO David Risher
00:28:58 – Musk’s SpaceX Playing Bigger Role in Golden Dome
——–
“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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Bloomberg Technology

Tesla Sales Helped by High Gas Prices

Tesla says rising gas prices have boosted interest in its electric vehicles. The surprisingly optimistic comments came weeks after the automaker reported lower-than-expected car sales to start the year and as it pivots its focus to AI and robotics. Jessica Caldwell, head of insights at Edmunds, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”…

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Tesla says rising gas prices have boosted interest in its electric vehicles. The surprisingly optimistic comments came weeks after the automaker reported lower-than-expected car sales to start the year and as it pivots its focus to AI and robotics. Jessica Caldwell, head of insights at Edmunds, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

SpaceX Tapped for Group Developing Golden Dome Software

SpaceX is part of a group of companies developing the operating system underpinning President Donald Trump’s Golden Dome initiative, according to sources. It is an expansion of the role Elon Musk’s company is playing in the US missile defense shield. Bloomberg’s Michael Shepard joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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SpaceX is part of a group of companies developing the operating system underpinning President Donald Trump’s Golden Dome initiative, according to sources. It is an expansion of the role Elon Musk’s company is playing in the US missile defense shield. Bloomberg’s Michael Shepard joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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