Novogratz's Galaxy Misses Revenue Estimates, Shares Decline
Galaxy Digital Inc., the crypto financial services conglomerate founded and run by billionaire Michael Novogratz, reported second-quarter revenue that missed analysts' expectations, sending its shares lower in pre-market trading. Revenue was $8.6 billion, less than the $9.2 billion analysts had projected according to data compiled by Bloomberg. Shares of the New York-based firm slipped about 4% as of 7:30 a.m. in New York. Galaxy is grappling with a market downturn in digital assets while ventu
Prepared by Christopher Adams and reviewed by editorial team.
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- Left Leaning:
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- Distribution:
- Left 0%, Center 100%, Right 0%
Left: Les médias progressistes soulignent les risques systémiques du marché des cryptomonnaies et les vulnérabilités des milliardaires. Center: Les publications financières grand public font état d'estimations de revenus manquées et de baisses d'actions. Right: Les commentateurs du marché mettent en évidence les pressions réglementaires affectant les services financiers d'actifs numériques.
Relations investisseurs de Galaxy Digital communiqué sur les résultats du 5 août 2026. URL directe : https://galaxy.com
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Novogratz's Galaxy Misses Revenue Estimates, Shares Decline
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