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Coinbase Global (COIN) is set to release earnings after the market closes Thursday with Q3 potentially showing 2022’s worst quarter yet for spot market crypto trading venues. But not every analyst agrees how much weight investors will put into the company’s financials if it demonstrates growth in non-trading revenue. Here are Wall Street’s estimates compiled by Bloomberg: Revenue: $649.15 million Adjusted net income: ($520.52) million Adjusted EBITDA: ($212.95) million Adjusted earnings per… Source link

For British luxury automaker Bentley (VOW.DE), 2022 may leave a strong 2021 in the dust. Through the first nine months of 2022, Bentley reported record operating profit of €575 million ($577,129,608), more than double the amount from a year ago. The previous full-year record high for operating profit was €389 million ($383,651,250.00). Revenue through the first nine months came in at €2.490 billion ($2,455,762,500.00), a jump of 28% from a year ago. For Bentley CEO Adrian Hallmark, the… Source link

Elon Musk doesn’t just wear a lot of hats when it comes to juggling his many roles — he’s more like a hat rack overflowing with headwear. Following the close of his deal to acquire Twitter (TWTR), Musk appointed himself the CEO of the company, as well as its lone board member. Adding that his other day jobs as CEO of Tesla, CEO and chief engineer of SpaceX, in addition to his role as founder of companies like The Boring Company, Neuralink, and OpenAI, the question has arisen whether the… Source link

Mortgage rates, over 7% or so, are at their highest levels in 20 years and loan applications are down. So, it should follow, that homeowners looking to refinance loans would also be headed to the sidelines in droves. But according to experts, it might still make sense for homeowners to refinance. Why? Rates, even at current levels, can still be a decent deal compared to alternatives. “People would still be refinancing if they need the cash, so they are withdrawing equity, even at much higher… Source link

World Wide Technology Championship at Mayakoba Riviera Maya, MexicoEl Camaleon Golf Course – Par 71 – 7,034 yardsField – 132 entrantsPurse – $8.2M The Preview In his first appearance since ceding the No. 1 spot in the Official World Golf Ranking to Rory McIlroy, Scottie Scheffler headlines this week’s top-heavy field in Mexico as El Camaleon Golf Course once again plays host to the World Wide Technology Championship at Mayakoba. A solid chunk of this field is slated to advance through the… Source link

Mastercard CEO Michael Miebach thinks it will be a merry holiday season despite fears of a U.S. recession. “Currently, based on the data that we we have, there is no such indication [of a recession],” Miebach told Yahoo Finance Presents in an exclusive interview (video above). “The consumer is resilient, and that resilience will last. We have no indication that there is a near-term recession.” Miebach’s comments on a recession echo what rival CEO Stephen Squeri at American Express recently… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, Nov. 2, 2022 Today’s newsletter is by Janna Herron, Yahoo Finance’s personal finance editor. Follow Janna on Twitter @JannaHerron. Read this and more market news on the go with Yahoo Finance App. It’s no secret the mortgage market is getting hammered. Just look at last week’s stats on new home sales and pending ones and you… Source link

There will be no shortage of daily fantasy action in the NBA on Wednesday with 11 games on the schedule. One of the marquee games will feature the Cavaliers hosting the Celtics, with the two teams having a combined 9-3 record. The undefeated Bucks will also be in action when they host the Pistons. As far as teams on the second night of a back-to-back set go, both the Bulls and the Heat find themselves in that less-than-ideal situation. The Bulls will play at home against the Hornets, while… Source link

Steve Nash was dismissed, Sean Marks was disheveled and Kyrie Irving has his fingerprints on dismantling yet another team with championship aspirations. That’s three, if you’re keeping count. This is why Kevin Durant understood this dysfunction wasn’t gonna change, that this powder keg of bad ingredients was always due to explode and he tried to get ahead of the posse in asking out of Brooklyn. If Durant backed down from his summer trade demand only because he had to, what has occurred… Source link

Steve Nash was dismissed, Sean Marks was disheveled and Kyrie Irving has his fingerprints on dismantling yet another team with championship aspirations. That’s three, if you’re keeping count. This is why Kevin Durant understood this dysfunction wasn’t gonna change, that this powder keg of bad ingredients was always due to explode and he tried to get ahead of the posse in asking out of Brooklyn. If Durant backed down from his summer trade demand only because he had to, what has occurred… Source link