Coinbase posts first profitable quarter in 2 years as CEO keeps pushing for regulations: ‘We remain confident that the U.S. will get this right’ – Uptrends

Coinbase posts first profitable quarter in 2 years as CEO keeps pushing for regulations: ‘We remain confident that the U.S. will get this right’ – Uptrends

After eluding profitability for two years, Coinbase executives celebrated posting $273 million in net income for the fourth quarter of 2023, putting the net profitability for all of 2023 at $95 million. Even before the earnings call, markets were reacting positively to Coinbase, with shares on Thursday closing up 3.3%—and rising about 13% after hours. … Read more

Petroleum prices likely to remain stable in next review – Uptrends

Petroleum prices likely to remain stable in next review – Uptrends

  The picture shows a worker at a gas station fuelling a motorcycle tank. — APP/File  Petrol price to hold steady in next review. Diesel rate to increase from Januray 1. Next fortnightly review due tomorrow. KARACHI: The prices of petroleum products will not see any major change with diesel rates expected to go up … Read more

Rupee likely to remain stable on balanced dollar demand-supply – Uptrends

Rupee likely to remain stable on balanced dollar demand-supply – Uptrends

  “USD/PKR seems to be hovering around the 282 mark for another month or so,” says Tresmark report A currency dealer counts US dollars at a shop in Karachi. — AFP/File Rupee closes week at 282.53 per dollar, gains 0.24%. Zero CAD policy major reason behind rupee stability. Forex exchange reserves remain under pressure. KARACHI: The rupee is … Read more