About: lishitong

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Coinbase reports $1.1 Billion Loss

At its most recent earnings call, cryptocurrency platform Coinbase reported a tremendous loss of $1.1 billion in revenue for Q2, pulling the company’s stock down over 10% on Tuesday to $87.68. Earnings per share for the company also largely underperformed, with a loss of $4.98 per share versus an expected $2.65. Quarter-on-quarter user activity hasContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading

Cooling US CPI Numbers Give Hope for Soft Landing 

On Tuesday evening (GMT+3), the US Consumer Price Index (CPI) for July was released, showing a year-on-year growth of 8.5% – lower than the expected growth of 8.7% and the previous month’s increase of 9.1%. Core CPI, which excludes volatile categories like food and energy, comes in at an increase of 0.3% month-on-month, lower thanContinue Reading

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