Richard Masters, CEO of the English Premier League, discusses the rise of U.S. owners in the league. Sign up for the CNBC Sport newsletter to watch the full interview: cnb.cx/458LZGU
CNBC
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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Updates
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Richard Masters, CEO of the English Premier League, talks about the spike in interest in the sport around the World Cup and how the league can capitalize on it. Sign up for the CNBC Sport newsletter to watch the full interview: cnb.cx/458LZGU
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Arm Holdings CEO Rene Haas says the company is growing "much faster than the market." Watch more of the interview: cnb.cx/4ogl1pq
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Wael Sawan, Shell CEO, discusses the future of natural gas. Watch more of the interview: cnb.cx/4fdcrni
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Richard Masters, CEO of the English Premier League, discusses the future of global soccer with CNBC’s Alex Sherman on this week’s CNBC Sport videocast. Sign up for the CNBC Sport newsletter to watch the full interview: cnb.cx/458LZGU
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Coinbase shares fell Thursday as second-quarter revenue came in shy of analysts' estimates. Gains in the cryptocurrency exchange's subscription revenue failed to offset weaker trading volumes during the quarter. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a year ago. Earnings in the latest period benefited from a gain $1.5 billion related its Circle investment and $362 million from its crypto investment portfolio. On an adjusted basis, Coinbase earned $1.96 per share, topping estimates of $1.26 reported by LSEG.
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Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday. The newly imagined "everything exchange" will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The new offerings will roll out in the next few months, first to U.S. users, followed by a "gradual international rollout based on jurisdictional approvals," Max Branzburg, vice president of product at Coinbase, told CNBC. "We're building an exchange for everything," he said. "Everything you want to trade, in a one-stop shop, on-chain. … We're bringing all assets onchain — stocks, prediction markets, and more. We're building the foundations for a faster, more accessible, more global economy."
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Shares of Microsoft popped on Thursday, after the company reported better-than-expected earnings that beat on top and bottom lines. Read more: cnb.cx/4fiMWRx
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JPMorgan CEO Jamie Dimon discusses his branch strategy, the economy, his meetings with the president and Trump’s comments about Fed Chair Powell, and more. Follow and listen to Money Movers here: https://cnb.cx/3HsSXhM