All Eyes on Amazon and Apple Earnings, And What the Bond Markets Are Telling Investors 8/3/23
CNBC's "Fast Money"
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The Stock Is Up After the SEC Filing Suit
The stock ran 150% from the day that the SEC filed that suit in May until just recent eyes and it's come off into that which is truly astounding when you think about it. This company is not supposed to turn a profit until 2027 on a gap basis until 2028. I don't think Coinbase makes a lot of sense here given the regulatory overhang, given the risk to their businesses, given the lack of profitability there.
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