While it's hard to look past blockchain's important role in driving the cryptocurrency ecosystem and leading coins like Bitcoin (BTC-USD) as a whole, the industry has a vast range of use cases that can help to drive innovation throughout the financial sector, cybersecurity and introduce next-generation digital ownership across virtually every industry. The blockchain technology market size is expected to grow at a rapid compound annual growth rate (CAGR) of 68% to a value of $69 billion by 2032. This rate o ...

JP Morgan (NYSE:JPM) believes that there is a 35% chance of recession in the U.S. by the end of the year. Further, the odds of recession in the first half of 2025 are 45%. Given these expectations, there is no doubt in my mind that the fed is going to pursue expansionary monetary policies before the end of the year. From an investment perspective, it's therefore a good time to buy interest rate sensitive stocks for quick gains. An important point to note is that rate cuts are intended to boost consumption a ...

Due to Bitcoin's (BTC-USD) popularity and dominance, when people hear the word "blockchain," they automatically think of Bitcoin. However, other cryptocurrencies are out there, even blockchain stocks, which have diverse applications beyond digital currencies. Some rely on blockchain and cryptocurrencies, while some apply them in their business models. With tech stocks continuing to remain popular and blockchain technology being one of the core areas of innovation many investors are focusing on, combining th ...

Disruptive innovation investor Cathie Wood has not shied away from buying beaten-down tech stocks on the dip in recent weeks. Her Ark line of funds has struggled to beat the rest of the market, especially the tech- and growth stock-focused Nasdaq 100. Indeed, the relative underperformance can largely be attributed to the higher interest rate environment. Many of the most exciting disruptive technology companies owned in the Ark funds are either unprofitable or wildly expensive, and things seem less likely t ...

Coinbase Global Inc. (COIN) reported strong second-quarter results on Aug 1, wherein the top line beat the Zacks Consensus Estimate and the bottom line met the same, reflecting continued revenue diversification. Subscription and services revenues reached an all-time high. The second quarter also marked the sixth straight quarter of positive adjusted EBITDA. Management expects third-quarter 2024 subscription and services revenues to be between $530 million and $600 million. However, this guidance takes into ...

The U.S. presidential election is heating up. We're less than 100 days away from the big vote now. The decision by Democrats to swap President Joe Biden for Vice President Kamala Harris has shaken up the race and seemingly given the party momentum, at least judging from current polling. Markets have gotten rocky over the past month, likely in part due to the heightened uncertainty around the election. These are seven stocks to sell now that are at particularly high risk heading into election day. Tesla (TSL ...

As the core mechanism behind the inner workings of cryptocurrencies, the blockchain represents one of the most revolutionary innovations. By creating a decentralized value accountability system, the blockchain addresses the double-spending problem associated with digital payments. That is, the system prevents the spending of the same token twice. It's this ability to foster a zero-trust fluid environment that drives the case for blockchain stocks. To be sure, when arguably most people hear this phrase, they ...

LOS ANGELES, Aug. 6, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Coinbase Global, Inc. ("Coinbase" or "the Company") (NASDAQ: COIN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Coinbase is the subject of a press release issued by the Financial Conduct ...

研究报告 Research Report [Table_Info] 维持优于大市 Maintain OUTPERFORM 评级 优于大市 OUTPERFORM 现价 US$212.64 目标价 US$288.00 1mth 3mth 12mth 绝对值 -4.3% 4.3% 115.6% 绝对值（美元） -4.3% 4.3% 115.6% 相对 S&P 500 -4.3% 4.3% 115.6% [Table_Profit] US$ mn Dec-23A Dec-24E Dec-25E Dec-26E Revenue 3,108 6,750 9,233 6,055 Revenue (+/-) -3% 117% 35% -36% Net profit 95 2,413 3,475 1,576 Net profit (+/-) 104% 2443% 40% -58% Diluted EPS (US$) 0.37 9.00 12.97 5.88 GPM -5.2% 34.2% 39.6% 26.0% ROE 1.7% 38.4% 43.5% 13.1% P/E 571 24 16 36 资料来源：公司信息, HTI ...

Earnings Overview - Coinbase Global Inc reported Q2 2024 revenue of $1.45 billion, exceeding analyst estimates of $1.39 billion [1] - Transaction revenue was $780.90 million, above the projected $745.10 million [1] - Adjusted EBITDA came in at $596 million, lower than the $607.7 million estimate but marking the sixth consecutive positive quarter [1] - All Q2 results showed a decline compared to Q1 2024, though still positive [1] Stock Performance and Analyst Forecasts - COIN is trading at $214.77 in pre-market, 1% above the August 1 closing price of $212.64 [1] - Analysts forecast an average price target of $260.70 for August 2025, with a maximum estimate of $400 and minimum of $145 [1][2] - The forecasts are based on TradingView data and consider opinions from 25 analysts prior to the Q2 report [1][2] AI-Powered Price Prediction - ChatGPT-4o predicts COIN stock price will likely trade between $270 and $280 in 2025 [3] - The bullish target range is $350 to $400, while the bearish target is $150 to $160 per share [3] - The AI's projection resulted in a higher average and minimum forecast compared to analyst estimates, with a more conservative maximum estimate [3] - Reaching the baseline target would yield gains between 27% and 32% from the last traded price [4] Market Context - Coinbase's performance is closely tied to the cryptocurrency market, which is influenced by external factors and known for high volatility [4]