Charles McManus, CEO of ClearBank, speaks at the Innovate Finance Global Summit in April 2023.ClearBank, a British financial technology firm powering payments for the likes of Coinbase, scored its first full year of profit after higher interest rates helped drive a 91% jump in revenues.The firm swung to an £18.4 million ($23.3 million) pre-tax profit in the year ending Dec. 31, 2023, according to financial statements released Thursday. That's up from a £7.1 million loss in 2022.The bank first reached profit ...

Cathie Wood is the lead portfolio manager at Ark Invest, an asset management firm that runs a series of thematic index funds focused on disruptive technologies, everything from artificial intelligence and robotics to blockchain and DNA sequencing.Wood ranked among Wall Street's most successful stock pickers in 2020, the year her flagship Ark Innovation ETF soared 149%, trouncing the 16% return in the S&P 500 (^GSPC 0.11%). To be fair, she lost some of that credibility when the fund badly underperformed over ...

3 Bold Predictions for the Second QuarterSo here’s what I’m expecting for the second quarter and I’ll throw in a couple of bold predictions as well! Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.What Should We Expect in the Second Quarter?Just like that, the first quarter has officially come to a close. The S&P 500 and the NASDAQ are both up by more than 10% and it’s safe to ...

Shares of cryptocurrency exchange Coinbase (COIN 3.28%) have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.Coinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of t ...

Since its humble beginnings as only a Bitcoin exchange, Coinbase Global (COIN 3.28%) has matured in line with the cryptocurrency asset class. Coming a long way, Coinbase is now the premier platform for institutional and retail investors interested in the vast world of cryptocurrencies with its innovative suite of products.Coinbase's journey (as well as crypto's) has been nothing short of historic and shows no sign of slowing down. As the cryptocurrency asset class continues to evolve, Coinbase's future look ...

Key PointsSpot Bitcoin ETFs are facing redemptions as the underlying cryptocurrency sells off.Analysts remain optimistic about Bitcoin's future growth despite the current pullbacks.BlackRock’s iShares Bitcoin Trust has amassed approximately $15 billion in assets since its launch in late January, the quickest a new ETF has reached that level. 5 stocks we like better than iShares Bitcoin TrustSpot Bitcoin exchange-traded funds, including the iShares Bitcoin Trust NASDAQ: IBIT, Grayscale Bitcoin Trust NYSEARCA ...

Coinbase Global, Inc. (COIN) ended the recent trading session at $262, demonstrating a +1.99% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq gained 0.2%.Shares of the company have appreciated by 58.17% over the course of the past month, outperforming the Finance sector's gain of 4.23% and the S&P 500's gain of 5.11%.The investment community will be paying close attention to the earnings perf ...

The Nasdaq-100 Technology Index has seen an incredible surge since 2019, rising more than 82%. Most of this recent increas. has been tied to enthusiasm around the AI boom. With a wide range of stocks seeing consistent growth, some top-heavy leadership will likely remain for some time. Of course, the Nasdaq, and other indices, are likely to continue to see these dynamics play out. But that doesn’t mean investors should overlook some hidden gems within the technology space that are worth consideration.Three o ...

During the past year, Coinbase Global (COIN 11.63%) stock is up more than 240%. It has risen more than 600% since the end of 2022.There are several reasons for this monumental resurgence, yet it might only be a sign of what's to come. With a deeper look, it becomes clear that Coinbase is well positioned to capitalize on the crypto market's burgeoning potential. Here's why Coinbase should still be on every investor's radar. A new Coinbase takes shapeArguably the most compelling reason it isn't too late to bu ...

Will Coinbase Stock Soar 50% More In 2024? Here's Wall Streets Answer AlyoshinE / Shutterstock.com Coinbase Global (Nasdaq: COIN) stock has been on a tear the past 6 months, soaring over 200% buoyed by the surge in activity in the cryptocurrency market. Some of the biggest cryptos are experiences exception gains, including Bitcoin, up 123% this past year and Solana, up 630% over the same time period. As investor interest around digital assets increases, Coinbase stands to gain a large exchange between buy ...