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Analyst downgrades top S&P 500 stock after disappointing earnings
Analyst downgrades top S&P 500 stock after disappointing earnings originally appeared on TheStreet. Compass Point has lowered Coinbase's (Nasdaq: COIN) price target from $330 to $248 and downgraded the rating from "Neutral" to "Sell" after the crypto exchange reported disappointing financial results for the second quarter of 2025. The investment firm indicated receding retail interest, poor Q2 records, weak prospects for recurring revenue lines like subscriptions and custody services the next quarter, and more competition from stablecoin and decentralized finance (DeFi) platforms as the reasons it downgraded the COIN stock's rating. Compass Point also warned of Coinbase's retail trading under pressure despite a bullish crypto market. Notably, retail trading is Coinbase's main profit are two other factors that the firm highlighted as possible risks for Coinbase. One is a potential delay in the CLARITY Act, which deals with classifying the financial status of crypto assets. Another is Coinbase trailing Robinhood (Nasdaq: HOOD) and Kraken in launching stock trading. 'We see limited support for COIN's valuation if crypto markets sell off further,' said Compass Point. Founded in 2012, Coinbase is the largest crypto exchange in the U.S. The company, which went public in April 2021, joined the S&P 500 list in May 2025 — the only crypto stock to be included in the hotly contested list so far. During Q2 2025, the exchange generated $1.5 billion in total revenue, $1.4 billion in net income, and earnings per share (EPS) of $5.14 in Q2. The exchange held 11,776 Bitcoin worth $1.3 billion by the end of the quarter. The COIN stock is trading at $319.55 at the time of writing, up 1.54% a day. Analyst downgrades top S&P 500 stock after disappointing earnings first appeared on TheStreet on Aug 4, 2025 This story was originally reported by TheStreet on Aug 4, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Pearson PLC (PSO) (H1 2025) Earnings Call Highlights: Strategic Partnerships and AI Innovations ...
Release Date: August 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Pearson PLC (NYSE:PSO) reported a 2% increase in sales and adjusted operating profit for the first half of 2025, aligning with their February guidance. The company is making significant progress in strategic partnerships, including new relationships with Google Cloud, Microsoft, and AWS, which are expected to drive revenue growth. Pearson PLC (NYSE:PSO) is expanding its enterprise learning and skills segment, with new contract wins from HCL Tech and Google Cloud, indicating strong growth potential. The acquisition of e-dynamic Learning is expected to support Pearson's medium-term growth strategy, with the business having strong margins and a track record of good growth. AI-driven innovations are enhancing Pearson's product offerings, improving learning outcomes, and generating cost efficiencies across the business. Negative Points Pearson PLC (NYSE:PSO) faces near-term pressure from hiring freezes affecting its PDRI segment, which could impact future opportunities. The English language learning segment saw a 3% decline, with the Pearson Test of English expected to decline in the second half of the year. Higher education enrollments are expected to remain flat, requiring growth from other factors such as inclusive access and pricing. The company is experiencing FX headwinds, which have impacted adjusted earnings per share, despite positive underlying trading performance. The integration of e-dynamic Learning may incur near-term costs and deferred revenue impacts, potentially affecting 2025 group guidance. Q & A Highlights Warning! GuruFocus has detected 9 Warning Signs with FRA:CIG. Q: Are the new contracts, such as those with ServiceNow and Salesforce, performing in line with expectations, and what is the growth outlook for 2026? A: Omar Abbosh, CEO: While we are not providing specific guidance for 2026, the contracts with ServiceNow, Salesforce, and others are performing as expected. Arthur Valentine added that the launch efforts and expected volumes are in line with expectations and reflected in the guidance provided. Q: Can you provide more details on how technology is driving cost efficiencies across Pearson? A: Sally Kate Johnson, CFO: AI is being used for content generation and translation, allowing faster market entry and cost savings. AI capabilities are also being integrated into services to improve customer experience and reduce costs. Q: What is driving the expected revenue growth in the second half of 2025? A: Sally Kate Johnson, CFO: The growth is driven by new and renewed contracts in assessments and qualifications, enrollment growth in virtual schools, and a strong performance in English language learning. The impact of previous school losses will no longer be a headwind. Q: Can you explain the recent acquisition of e-dynamic Learning and its expected impact? A: Omar Abbosh, CEO: E-dynamic Learning is a leader in career and technical education, providing content for middle and high school students. It will be integrated into the higher education segment and is expected to support medium-term growth with strong margins and cash flow. Q: How is Pearson addressing the decline in English Language Learning, particularly with PTE? A: Sharon, Head of English Language Learning: The second half of the year is expected to see growth driven by institutional business, particularly in Latin America, with a focus on government deals and share gains. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
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De'Aaron Fox reportedly agrees to 4-year, $229 million max contract extension with San Antonio Spurs
De'Aaron Fox has agreed to a four-year, $229 million contract extension with the Spurs, according to ESPN's Shams Charania, as San Antonio continues to revamp its roster with sights set on building a bona fide contender around ascendant superstar big man Victor Wembanyama. Fox, 27, averaged 23.5 points, 6.3 assists, 4.8 rebounds and 1.5 steals in 36.1 minutes per game last season, shooting 46.3% from the field, 31% from 3-point range and 82.7% from the free-throw line across 62 total appearances for the Spurs and Kings. He had the second-highest individual scoring performance of the season, pouring in a career-high and Kings franchise record 60 points in a November win over the Timberwolves: Aug. 3 made it six months since Fox landed in San Antonio in a three-team trade that ended his tenure with the Kings, seven and a half seasons after Sacramento drafted him out of Kentucky with the fifth overall pick in the 2017 NBA Draft. Fox agreeing to a multi-year deal seemed all but assured from the moment he arrived, given the clear preference for being in San Antonio that he publicly confirmed to ESPN's Michael C. Wright after the trade … Once his agent, Klutch Sports CEO Rich Paul, informed Sacramento of Fox's desire to join the Spurs, reports surfaced of the guard telling the club he had a list of preferred teams. "There was no f***ing list," Fox said. "There was one team. I wanted to go to San Antonio. So, a lot of people are mad at me, saying I handcuffed the team by giving them a destination. Well, this is my career. If anybody else is in my position, you'd do the same thing. It's not my job to help build your team. I'm not about to just go where [the Kings] want me to go. I wanted to have a destination." Even after reaching that destination, though, hitting the six-month mark was key. Because while Fox was eligible to sign an extension with the Spurs as soon as the 2025 NBA Finals ended, he had to wait a bit longer to be able to ink the most lucrative deal available — one that signals the Spurs' belief that the former All-Star and All-NBA point guard can serve as a championship-caliber running buddy and table-setter for Wembanyama for years to come. Fox is one of the NBA's quickest, most explosive and most prolific scoring guards — a three-level scorer who can break opposing defenses down off the dribble, get into the teeth of the coverage, and punish opponents by either pulling up from midrange, finishing at the cup, or drawing contact to get to the foul line. He has averaged 24.3 points and 6.2 assists per game on 47.8% shooting over the past six seasons. The only other players to hit those numbers over that span? Nikola Jokić, Giannis Antetokounmpo, Luka Dončić and LeBron James. That's pretty decent company — and a pretty surprising peer group, considering the relative lack of success that Fox was met with for the bulk of his time in Sacramento, as Vivek Ranadivé's Kings bounced from coach to coach, executive to executive, vision to vision and, largely, loss to loss throughout Fox's first five professional seasons. And then the Kings hired Mike Brown, and suddenly, Sacramento got serious. An overhauled motion offense built around the dribble-handoff chemistry of Fox and playmaking center Domantas Sabonis surged to the top of the NBA in offensive efficiency, rocketing the club back to relevance. 'Light the Beam' became a joyous meme, a rallying cry, an article of faith. Both Fox and Sabonis earned All-Star and All-NBA berths. Fox's remarkable late-game shooting and playmaking earned him the NBA's inaugural Clutch Player of the Year award. For the first time in 16 years, the Kings made the playoffs, taking the Bay Area big-brother Warriors all the way to seven games in the first round of the 2023 postseason; it took Fox breaking a finger on his shooting hand in Game 4, and Stephen Curry exploding for 50 points in Game 7, to end the Kings' breathtaking run. That, it turns out, was as good as it would get. Despite continued stellar play from Fox, Sabonis and sixth man Malik Monk, the Kings took a slight step back in 2023-24, dropping from 48 wins and third place in the West to 46 wins and the ninth seed as the rest of the conference rose up around them. They'd exact a measure of revenge by eliminating Golden State in their first play-in tournament game, but would lose to the Pelicans in their second, preventing them from returning to the playoffs proper for the second straight season — and setting the stage for things to get uncomfortable if the next campaign got off to a rocky start. Fast forward to December 2024, and … well, things got rocky: Already under .500 30 games into the season, the Kings had a chance to end a four-game losing streak by knocking off the upstart Pistons the night after Christmas. But Fox fouled Detroit guard Jaden Ivey in the act of shooting a 3-pointer with 3.1 seconds to go, resulting in a four-point play and a fifth straight loss. Afterward, Brown was critical of, among other things, Fox's defense on that decisive final play. One day later, the Kings fired Brown — a sudden, sharp decision that led some to speculate, especially in the absence of any press conference by the front office to clarify the rationale for the move, that Fox had gone to Sacramento's brass to call for a change. Fox vehemently denied that, and as the Kings' decision-makers continued to leave the circumstances surrounding Brown's firing unclear, the All-Star point guard grew increasingly dissatisfied with the state of affairs in California's capital. "I was like, 'Yo, I've been here for going on my eighth year. If Mike gets fired, I'll be going on my fifth coach,'" Fox told ESPN. "And I told them, 'I'm not going to play for another coach. I'm going to play for another team.' … You fire the coach, and you don't do an interview? So, all the blame was on me. Did it weigh on me? No. I don't give a f—. But the fact y'all are supposed to be protecting your player and y'all let that happen. ... I felt at the time the organization didn't have my back." Frustrated by that lack of support, and reportedly fearful of 'the prospect of wasting his best years on a team that was mired in mediocrity,' Fox and Paul made it clear that he felt his future lay outside of Sacramento. Specifically, in San Antonio — just a couple hours west of Katy, Texas, where Fox played his high school ball; where his wife, Recee, grew up; and where a certain 7-foot-3 Frenchman seems poised to take over the sport. 'It's like playing with Steph,' Fox told ESPN. 'Everybody can't play with Steph because you always have to look for him. But at the end of the day, that motherf—er can win championships. And I think Vic can win championships.' The Spurs barely got to see Fox and Wembanyama together, with a pair of ailments — Wembanyama's deep vein thrombosis and Fox's fractured left pinky finger — limiting them to just 120 shared minutes across five games, with San Antonio getting outscored by five points with them sharing the floor. The new agreement represents a vote of confidence that, with a clean bill of health and a lot more reps, the pairing can produce significantly more positive results. It also allows San Antonio to give Dylan Harper — whom the Spurs drafted No. 2 overall in June's 2025 NBA draft after a surprise rise in the lottery — a longer developmental runway, affording him the opportunity to come along slowly behind a high-level pro playmaker rather than being pressed into immediate duty and expected to provide elite service to Wembanyama, Devin Vassell, reigning Rookie of the Year Stephon Castle, and the rest of a Spurs roster expected by many to make a leap this season. Just how significant a leap depends primarily on Wembanyama, who's been cleared to return in time for training camp and could well be ticketed for MVP consideration in his third season. Just how significant a leap Wembanyama makes, though, could depend a lot on Fox — the kind of offensive engine who could make his life a lot easier, and who could give San Antonio the sort of inside-out one-two punch that makes Western Conference opponents' lives much, much tougher.
