SBF Seeks New Trial as JPMorgan Lowers Coinbase Price Target to $290

FTX founder Sam Bankman-Fried files for a retrial, Michael Saylor addresses MicroStrategy sale rumors, and JPMorgan reduces Coinbase projection ahead of earnings.

Summary

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Terms & Concepts
  • New trial motion: A legal request to have a case re-heard in court due to alleged errors in the original proceedings.
  • Price target: An analyst's projection of a stock's future price, often used to guide investment decisions.
  • Earnings report: A periodic statement issued by a publicly traded company detailing its financial performance over a given period.