Coinbase services push fails to offset Q2 trading slump

AI Summary Coinbase (NASDAQ: COIN) exchange posted $1.2 billion in second-quarter revenue for the period ended June 30, below the $1.3 billion analysts expected in an LSEG (LSE: LSEG) survey. Its loss reached $1.36 per share, far worse than the 17-cent loss Wall Street had penciled in. The company’s stock was immediately sold off following this news,... fulltext: 344 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/coinbases-1-22-billion-quarter-misses/ Source: CryptoPolitan