The Oracle of Omaha has one of the best investing records of all time; it would be wise to follow his lead. Read More...
Motley Fool
After Coinbase’s Latest Move, Is It Time to Sell the Stock?
The top U.S. crypto brokerage and exchange operator reported a 35% year-over-year revenue decline and a $430 million net loss in the first quarter of 2022, a major reversal of fortune compared with prior quarters. Like many other tech companies, including Meta Platforms, Netflix, and Salesforce, Coinbase recently implemented a hiring freeze. After starting the year with plans to triple the employee headcount in 2022, the emphasis now is to focus on the most pressing business needs, like security and compliance.
Add Comment