Coinbase Global Inc (NASDAQ: COIN) is a cryptocurrency platform that allows its more than 50 million strong customer base to trade a range of cryptocurrencies, including bitcoin, ethereum and litecoin.
Coinbase debuted on the Nasdaq in April 2021 at an offer price of US$250 per share.
The S&P/ASX200 (INDEXASX:XJO) fell 0.7% on Thursday. Washington H. Soul Pattinson & Co. Ltd (ASX:SOL) shares were a standout, with the holding company notching up a record profit. SPI ASX 200 futures contracts are pointing down on Friday.
On Wednesday, the Australian share market, or S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO), hits its lowest level since 2020. Overnight, however, a firm 0.75% increase in US interest rates allowed the US stock market to bounce 1.5%.
US stock markets were mixed overnight as the Dow Jones delivered its sixth straight day of losses. Coinbase (NASDAQ:COIN) is making headlines.
In this episode of The Australian Investors Podcast analyst Owen Rask and 7Investing adviser Dr Anirban Mahanti identify 3 investing thematics for 2022: web3, electric vehicles & cybersecurity.
US stock markets finished in the green overnight as Apple (NASDAQ:AAPL) and Roku (NASDAQ:ROKU) shares are in the news.
US markets ended what was a busy week all but flat, with the Dow Jones up 0.4% on Friday, the S&P 500 down 0.1% and the Nasdaq down 0.5%.
The sell-off continued for a third day across US markets, with the Dow Jones falling 0.5%, the S&P 500 0.3% and the Nasdaq finishing flat.
Here’s a round-up of seven big news stories on the S&P/ASX 200 (INDEXASX:XJO) in April, including Latitude (ASX:LFS) and Westpac (ASX:WBC).
US markets snapped their winning streak overnight, the Nasdaq falling 1% with little in the way of news being released to start the week.
