Robinhood reports Q3 revenue down 1% YoY to $361M, vs. $357.8M est., net loss down 87% YoY to $175M, and MAUs down 1.8M QoQ to 12.2M in September 2022 (Annie Massa/Bloomberg)

Bailey Lipschultz / Bloomberg:
Coinbase’s stock closed down 9.54%, Robinhood closed down 13.76%, and MicroStrategy closed down 19.58%, amid a meltdown in crypto markets  —  Shares of Robinhood Markets Inc. and Coinbase Global Inc. took another beating Wednesday as the meltdown in crypto markets rattled investors amid doubts …

Zheping Huang / Bloomberg:
Kuaishou reports Q3 revenue up 12.9% YoY to ~$3.2B, beating estimates, and a ~$378M net loss, holding its own against ByteDance and China’s slowing economy  —  Kuaishou Technology’s revenue beat estimates, holding its own against a slowing Chinese economy and competition from TikTok owner ByteDance Ltd.

Nelson Wang / CoinDesk:
Coinbase Q3: net revenue down 28% QoQ to $576M, net loss down 50% to $545M, subscription and services revenue up 43%, and monthly transacting users down to 8.5M  —  The crypto exchange’s transaction revenue fell 44% from the second quarter, however.  —  Crypto exchange Coinbase (COIN) …

Cameron Thompson / CoinDesk:
Robinhood releases its non-custodial, Polygon-based crypto wallet, Robinhood Wallet, in beta to 10,000 users who signed up in May  —  Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.  —  No-fee trading platform Robinhood …

Yuvraj Malik / Reuters:
Mobileye reports Q3 revenue up 38% YoY to $450M, beating $447M estimates, and a $45M net loss, up from $26M YoY, in its first post-IPO earnings  —  Mobileye Global Inc (MBLY.O) beat estimates for revenue on Wednesday in its first quarterly report after going public in October, as the Intel Corp …

Jane Zhang / Bloomberg:
JD.com reports Q3 revenue up 11% YoY to $34.2B, narrowly beating estimates, and ~$843M net income, reversing a ~$394M loss in Q3 2021  —  JD.com Inc. reported higher sales last quarter after shoppers kept spending at China’s second-largest online retailer despite an economic downturn.