Joining me now is G Squared Private Wealth's Victoria Green. She's also a CNBC contributor. Uh Victoria, I I want to start off first with the mystery chart that we've shown viewers and given to listeners here over the last half hour.What exactly is this beaten up name that you think could be poised for a bounce around earnings season. >> It's United Health, right. It it's the behemoth that's been beaten down for the last 12 months.And what we're looking at for is this is the turnaround quarter and we're rea ...

Core Viewpoint - Coinbase is seeking to expand its services by applying for a national trust company charter, aiming to enhance its custody business while maintaining regulatory clarity and oversight [2][3][4]. Group 1: Expansion Plans - The application for the charter with the Office of the Comptroller of the Currency (OCC) is intended to build on Coinbase's custody business and facilitate the launch of new products, including payments and related services [2][3]. - Coinbase emphasizes that it does not intend to become a bank, focusing instead on innovation within a clear regulatory framework [2][4]. Group 2: Regulatory Environment - The company advocates for uniform rules and regulations for the cryptocurrency market, highlighting the ongoing efforts in Congress to establish a clear market structure [4]. - An OCC charter would streamline oversight for new offerings and support the integration of digital assets into traditional finance [4]. Group 3: Market Position - Coinbase holds over 80% of the custody market share for crypto ETFs, indicating a significant role in the institutional adoption of cryptocurrency [5]. - The growth of institutional-grade custody needs is driven by the increasing institutionalization of crypto markets, particularly with the introduction of spot bitcoin ETFs [5][6]. Group 4: Market Impact - The approval of spot-crypto ETFs by the Securities and Exchange Commission has led to explosive growth in the market, with BlackRock's iShares Bitcoin Trust reaching a market capitalization of approximately $90 billion [6].

🚨 🚨 🚨 414 #BTC (50,306,820 USD) transferred from #Coinbase to #CryptoComhttps://t.co/3R1SQhmSGe ...

Core Insights - The third quarter performance of the selected stocks was strong, with 14 out of 18 stocks finishing in positive territory, and 12 of those achieving double-digit gains [2][3] - Notably, four stocks have doubled in value year-to-date, while 13 stocks have recorded double-digit gains [2] - The report provides a ranking of the 18 stocks based on their year-to-date returns and offers insights into their outlook for the fourth quarter [2] Stock Performance Summary - **Beam Therapeutics (BEAM)**: Q3 gain of 42.68%, YTD return of 4.03% [3] - **Bloom Energy (BE)**: Exceptional Q3 gain of 253.55%, YTD return of 309.14% [3] - **Boeing (BA)**: Q3 gain of 3.01%, YTD return of 23.12% [3] - **Carvana (CVNA)**: Q3 gain of 11.95%, YTD return of 90.70% [3] - **CF Industries (CF)**: Q3 loss of 2.50%, YTD return of 6.03% [3] - **Coinbase Global (COIN)**: Q3 loss of 3.71%, YTD return of 50.98% [3] - **Dell Technologies (DELL)**: Q3 gain of 15.64%, YTD return of 26.09% [3] - **Deutsche Bank (DB)**: Q3 gain of 20.94%, YTD return of 108.91% [3] - **Ezcorp (EZPW)**: Q3 gain of 37.18%, YTD return of 49.39% [3] - **LendingClub (LC)**: Q3 gain of 26.27%, YTD return of -6.38% [3] - **Nebius Group (NBIS)**: Q3 gain of 102.91%, YTD return of 356.10% [3] - **Opera (OPRA)**: Q3 gain of 9.21%, YTD return of -2.85% [3] - **Rocket Lab (RKLB)**: Q3 gain of 33.94%, YTD return of 108.99% [3] - **Roku (ROKU)**: Q3 gain of 13.93%, YTD return of 39.22% [3] - **Sea (SE)**: Q3 gain of 11.75%, YTD return of 73.99% [3] - **SEI Investments (SEIC)**: Q3 loss of 5.58%, YTD return of 3.18% [3] - **SoFi Technologies (SOFI)**: Q3 gain of 45.09%, YTD return of 65.62% [3] - **STMicroelectronics NV (STM)**: Q3 loss of 7.07%, YTD return of 16.54% [3] - **Total Gain**: Cumulative YTD return of 1322.80% across all stocks [3] Notable Stock Insights - **Nebius Group NV (NBIS)**: Strong performance in the AI sector, with 10% of the stock's float sold short [3] - **Bloom Energy Inc (BE)**: Benefiting from the data center boom, with a significant Q3 gain [4] - **Rocket Lab Corp (RKLB)**: Showing bullish potential despite a recent stock sale [5] - **Deutsche Bank AG (DB)**: A solid performer in the banking sector, demonstrating value investing characteristics [5] - **Carvana Co (CVNA)**: Positive momentum following earnings, with decreasing short interest [6] - **Sea Limited (SE)**: Consistent performance with three consecutive profitable quarters [6] - **SoFi Technologies (SOFI)**: Testing support levels, with potential for further gains [7] - **Coinbase Global Inc (COIN)**: Continues to face skepticism from analysts despite its crypto focus [8] - **Ezcorp Inc (EZPW)**: Positive bounce off its 200-day moving average, indicating potential growth [8] - **Roku Inc (ROKU)**: Reinventing itself after being oversold [9] - **Dell Technologies Inc (DELL)**: Monitoring external factors like chip imports and tariffs [9] - **Boeing Co (BA)**: Currently in a channel of higher highs, indicating potential for recovery [9] - **STMicroelectronics NV (STM)**: Struggling to recover from a post-earnings gap [10] - **CF Industries (CF)**: Upcoming earnings report to be closely watched [10] - **Beam Therapeutics Inc (BEAM)**: Trading at its highest level since March, showing signs of recovery [10] - **SEI Investments Co (SEIC)**: Facing downward pressure, testing its 200-day moving average [10] - **Opera Ltd (OPRA)**: Struggling to capitalize on previous positive ratings [11] - **LendingClub Corp (LC)**: Despite being the worst performer, still showing resilience with a recent quarterly gain [11] Market Sentiment - Several stocks, including BEAM, COIN, DELL, NBIS, ROKU, and STM, have high Relative Strength Indexes, indicating potential overbought conditions [12] - Despite the strong performance, there are still bullish cases to be made for all 18 stocks listed [12]

Core Viewpoint - Bitcoin-related stocks experienced a widespread decline, with significant drops in major companies as Bitcoin prices fell below $123,000 [1] Group 1: Stock Performance - Strategy (MSTR.US) fell nearly 8% [1] - Coinbase (COIN.US) dropped over 5% [1] - Bitmine Immersion Technologies (BMNR.US) decreased by more than 7% [1] - Robinhood (HOOD.US) saw a decline of over 1.7% [1] Group 2: Cryptocurrency Price Movement - Bitcoin traded below $123,000, with an intraday drop exceeding 1.8% [1] - Ethereum fell over 4%, priced at $4,509 [1]

🚨 🚨 🚨 502 #BTC (60,973,819 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/vOjBmgXc44 ...

🚨 🚨 🚨 500 #BTC (61,371,917 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/SAll8H5QlK ...

Group 1 - Coinbase Global (COIN) stock has achieved a seven-day winning streak, with total gains of 26% during this period, driven by Bitcoin's surge to nearly $126,000 [1] - The company's market capitalization has increased by approximately $25 billion over the past week, reaching about $98 billion, and the stock is currently 55% higher than its value at the end of 2024 [1] - Year-to-date returns for the S&P 500 stand at 14.6%, highlighting COIN's significant outperformance [1] Group 2 - COIN provides financial infrastructure and technology for the cryptoeconomy, offering primary financial accounts for retail users in the U.S. and globally [3] - Despite the recent rally, COIN stock is considered somewhat overpriced, indicating potential risks associated with investing in a single stock [4] - A diversified investment approach is recommended, as exemplified by the Trefis High Quality Portfolio, which has outperformed benchmarks with a return exceeding 91% since inception [4][7] Group 3 - The current momentum in COIN stock may signal growing investor confidence, as multi-day winning streaks can lead to follow-on buying [5] - There are currently 83 S&P constituents with three or more consecutive gains, indicating a broader trend in the market [6] - Investing in a single stock without thorough analysis can be risky, and tracking trends can help in making informed investment decisions [7]

RT Bitcoin Magazine (@BitcoinMagazine)Put your Bitcoin to work. 🙌Borrow in seconds on Coinbase and repay anytime, powered by Morpho.👉 https://t.co/ssQc43cOGt#Coinbase #Ad https://t.co/0JBcV1JQOz ...

Core Insights - Brian Armstrong, CEO of Coinbase Global Inc., expressed optimism regarding the future of cryptocurrency regulations in the United States, indicating that clear rules are forthcoming which will benefit builders and innovators [1][2]. Regulatory Developments - Armstrong highlighted the significance of the CLARITY Act, which aims to clarify the regulatory status of cryptocurrencies, addressing previous ambiguities regarding whether they are commodities or securities. The bill has passed the House and is set for Senate debate [3]. - The GENIUS Act, which establishes a regulatory framework for dollar-pegged stablecoins, has already been signed into law. However, there are concerns regarding potential conflicts of interest related to the bill, particularly from senior Democrat Sen. Elizabeth Warren [4]. Market Outlook - The positive sentiment surrounding cryptocurrency regulations coincides with a bullish outlook for Coinbase's stock. Analysts have initiated coverage with a "Buy" rating and set price targets ranging from $410 to $417, indicating strong market confidence [5]. - Coinbase shares experienced a slight decline of 0.39% in after-hours trading, following a 1.59% increase during regular trading, with a year-to-date surge of 55.49% [6].