Skyrocketing crypto prices are undoubtedly benefiting this business, whose shares have jumped 558% since the start of 2023. But with the top cryptocurrency stock still trading 35% below its peak price, you might be wondering if Coinbase is a no-brainer buy right now. I already mentioned Coinbase's soaring profitability. This was enabled by operating expenses that remained largely flat last quarter versus the year-ago period. The company is demonstrating that it can leverage its fixed costs, leading to highe ...

Market participants will be closely following the financial results of Coinbase Global, Inc. in its upcoming release. On that day, Coinbase Global, Inc. is projected to report earnings of $1.12 per share, which would represent year-over-year growth of 366.67%. Alongside, our most recent consensus estimate is anticipating revenue of $1.47 billion, indicating a 107.83% upward movement from the same quarter last year. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside ...

The pause letters were revealed following an October report by the FDIC's Office of the Inspector General detailing the agency's strategies relating to risks associated with cryptocurrencies. Coinbase says it was denied access to the requested information by both the SEC and the FDIC, despite being legally entitled to it under the Freedom of Information Act, which allows the public to request access to non-public records from federal agencies. This is the second time this month that the SEC has been sued fo ...

The hunt for promising blockchain stocks to buy has become a priority for forward-thinking investors. This focus is particularly relevant as we move past significant events such as the Bitcoin (BTC-USD) halving and the approval of the Bitcoin spot ETFs, which are due to significantly fuel the market's growth. Such investments might amplify returns through equity in companies at the forefront of blockchain technology. So here are three blockchain stocks to buy for June this year. Source: Yev_1234 / Shutterst ...

研究报告 Research Report 20 Jun 2024 上市前经历超过 4 轮融资，累计金额融资金额超过 5 亿美元，参与者众多。2012 年 公司成立初期获得 Y Combinator 等机构的 60 万美元天使轮投资。2013 年获得 USV、 Ribbit Capital 等风投公司合计 3111 万美元的融资。2015 年获得来自纽约证券交易 所、大型跨国银行 BBVA 等公司高达 7500 万美元的 C 轮融资，这是金融机构首次对 比特币公司进行重大投资。2018 年获得由老虎环球基金领投的 E 轮投资后，上市前 累计融资 5.3 亿美元。 [Table_header2] (COIN US) 首次覆盖优于大市 盈利预测 [Table_header2] (COIN US) 首次覆盖优于大市 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|------------------|-------|--------------------------------------|---------------------- ...

Shares of the chipmaker are up 57% in 2024 and 85% higher over the past year. If this news of a Samsung partnership proves true, Qualcomm could be starting a new leg of higher growth. While a rising tide lifts all boats, some growth stocks to buy now look better than others because they have catalysts that are driving them higher. That's what investors should look for in a frothy market, businesses with fundamental reasons for growing. These three growth stocks below should be on your shopping list this mon ...

The company's stock has climbed by 1.92% in the past month, exceeding the Finance sector's loss of 1.89% and lagging the S&P 500's gain of 3.59%. The latest trading session saw Coinbase Global, Inc. (COIN) ending at $235.03, denoting a -0.39% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%. It's also important for investors to be aware of any recent modific ...

Blockchain leader Coinbase Global (COIN) has struggled this quarter, down 10% since Q3 kicked off at the beginning of the month. The equity is also far removed from its March 25, more than two-year high of $283.48. However, COIN's recent pullback could be short-lived, as the equity approaches a historically bullish trendline. Daily chart of Coinbase Stock with its 80-day moving average Even further, Coinbase Global stock's Schaeffer's Volatility Scorecard (SVS) stands at a 71 out of 100, indicating the stoc ...

The Bitcoin rally gathered pace in early January after the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs). Also, on Jun 12, Federal Reserve Chairman Jerome Powell, in his post-FOMC meeting statement, said that the Fed anticipates only one rate cut this year, a significant decrease from the three cuts projected in its March meeting. Our Choices Coinbase Global, Inc. (COIN) offers financial infrastructure and technology to support the global cryptocurrency ...

Are these stocks still good buys today? Nvidia has become one of the most valuable stocks in the world, with its market cap now north of $3 trillion. In the past 12 months, it has risen by more than 200% as investors remain bullish on the company's long-term prospects. 1. Vertiv Holdings At a price/earnings-to-growth (PEG) ratio of less than 1, the stock looks cheap, and investors are optimistic that there could be much more growth ahead for Vertiv. Given the need for greater care and maintenance for data c ...