Coinbase Global Inc

Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE - Children With Special Needs at Casa Cipriani on June 23, 2022 in New York City.Craig Barritt | Getty ImagesSam Bankman-Fried's crypto conglomerate FTX is in talks with investors to raise up to $1 billion in new funding that would keep the company's valuation at roughly $32 billion, according to people with knowledge of the discussions.Negotiations are ongoing and the terms could change, said the sources, who asked not to be named…

Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022.Justin Tallis | AFP | Getty ImagesCheck out the companies making headlines in midday trading.Boeing — The aerospace company was down 6% after it reached a $200 million settlement on charges of misleading investors following two of its jetliners being involved in deadly crashes.related investing newsHere are Friday's biggest analyst calls: Apple, Tesla, Coinbase, Domino's, Costco, Meta & moreFedEx — Shares were down about…

Certara Inc: "They're not bad. They actually don't lose money. ... I think it's a great spec, and I usually don't say that."Melco Resorts & Entertainment Ltd: "It's a nice spec on the idea that Covid is going to be beaten, but I do not like the gambling group because man, it's been a house of pain."GSK Plc: "I mean the spin-off's awful, they did a terrible job. ... That company's ill-advised. That's something I like to say when I don't like them." Skechers USA Inc: "The stock is what I call erratic and has been for…

A worker at a Lennar home under construction.Justin Sullivan | Getty Images News | Getty ImagesCheck out the companies making the biggest moves midday Monday:D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight. Analyst Kenneth Zener said that homebuilders, which have underperformed this year, tend to rebound sooner and more sharply than the broader market. Shares of Lennar rose about 2%, while D.R. Horton gained over 2%, and…

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry's recent carnage and said he still has cash to spend if opportunity knocks.It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX's main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of its workforce as crypto prices crashed.related investing newsPro Exclusive: FTX’s Sam Bankman-Fried on becoming a billionaire and his investing strategyYet, FTX is somehow emerging as an…

Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California.Patrick T. Fallon | AFP | Getty ImagesCoinbase is footing the bill for a lawsuit filed against the Treasury Department Thursday by users of the recently sanctioned crypto service, Tornado Cash.The six plaintiffs include Coinbase employees and other users of the mixing service that was blacklisted by the Treasury's Office of Foreign Assets Control (OFAC) in August.Mixing services…

In its first foray into the crypto sector, the House Committee on Oversight and Reform is dialing up the pressure on federal agencies and crypto exchanges to protect Americans from fraudsters.In a series of letters sent Tuesday morning, the committee asked four agencies, including the Department of the Treasury, the Federal Trade Commission, the Commodity Futures Trading Commission, and the Securities and Exchange Commission, as well as five digital asset exchanges — Coinbase, FTX, Binance.US, Kraken, and KuCoin — for…

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022.Jeenah Moon | Bloomberg | Getty ImagesFTX rode the crypto craze to a billion dollars in revenue last year while expanding its global footprint through a flurry of acquisitions, according to internal documents seen by CNBC.The audited financials give a rare glimpse into the privately held start-up's…

Check out the companies making headlines before the bell:Deere (DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.Foot Locker (FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer's quarterly earnings…

Niraj Shah, CEO, WayfairAshlee Espinal | CNBCCheck out the companies making headlines in midday trading.Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty head Mary Dillon as its chief executive officer, replacing Richard Johnson. Foot Locker also reported a smaller-than-expected drop in comparable sales for the second quarter and profit that was above estimates.Bill.com — Shares soared 14% after the financial back-office software provider surpassed earnings expectations in its most…