Coinbase涨幅扩大至逾15%，公司将被纳入标普500指数。 ...

Core Viewpoint - Coinbase is set to join the S&P 500, leading to a significant increase in its stock price, which rose by 9.34% from $207.22 to $226.57 [1][8]. Group 1: Stock Performance - COIN shares experienced a rally of 9.34% following the announcement of its inclusion in the S&P 500 [1][8]. - The average 12-month price target for COIN is now $255.10, indicating a potential 12.59% increase from the current price [4][8]. - Analysts have noted that the average price targets are somewhat outdated given recent developments in the cryptocurrency market [9]. Group 2: Analyst Recommendations - Analysts on TipRanks have a moderate 'buy' rating for Coinbase, with 11 positive recommendations and 12 neutral ratings [3]. - Following recent developments, five analysts revised their price targets, with Rosenblatt Securities maintaining a target of $260 and Needham adjusting theirs from $330 to $270 [10]. - Compass Point changed its recommendation from 'sell' to 'neutral' while keeping a price target of $195, while Barclays and Goldman Sachs raised their targets to $202 and $209, respectively [11].

每经记者｜蔡鼎 每经编辑｜高涵 ①【三大期指】截至发稿，道指期货跌0.22%、标普500指数期货跌0.39%、纳指期货跌0.56%。 ③【高盛将美联储下次降息的预期时间推后至12月】高盛Jan Hatzius等经济学家周一在报告中表 示，"我们预计美联储将晚于我们之前的预期（12月，而非我们之前预期的7月）开始降息三次，并且将 隔次会议降息，而不是连续降息。" ⑨【麦当劳宣布招聘37.5万名员工计划】麦当劳周一宣布计划在今年夏天为其在美国的公司直营店和加 盟店招聘多达37.5万名员工。 ④【Coinbase涨近10%，将被纳入标普500指数】截至发稿，Coinbase盘前涨9.55%。消息面上，据标普 道琼斯指数公司，Coinbase Global将于5月19日被纳入标普500指数，取代Discover Financial。 ⑩北京时间20:30，美国4月核心CPI同比、美国4月CPI同比、美国4月核心CPI环比、美国4月CPI环比； 北京时间23:00，英国央行行长贝利发表讲话。 ⑤【大摩：全球组合中美股宜配56%~65%，美元料持续走弱】摩根士丹利近日发布全球宏观策略研究 报告，围绕美国资产投资、货币走势 ...

Market Capitalization Changes - Tesla's market capitalization increased by 6.75% to $1,025.4 billion [3] - TSMC's market capitalization rose by 5.93% to $969.7 billion [3] - Tencent's market capitalization grew by 4.66% to $609.8 billion [3] - Netflix's market capitalization decreased by 2.65% to $472.3 billion [3] - Oracle's market capitalization increased by 4.58% to $440.8 billion [3] Notable Performers - Shopify saw a significant increase of 13.7% in market capitalization, reaching $136.2 billion [4] - AppLovin experienced a remarkable rise of 89% to $1.177 billion [4] - AMD's market capitalization increased by 5.13% to $175.3 billion [5] - Uber's market capitalization rose by 6.39% to $184.2 billion [5] Decliners - Pinduoduo's market capitalization fell by 6.14% to $165.2 billion [4] - Xiaomi's market capitalization decreased by 2.11% to $163.4 billion [4] - Spotify's market capitalization declined by 4.23% to $127.3 billion [4] Other Companies of Interest - Adobe's market capitalization increased by 3.3% to $168.7 billion [4] - Qualcomm's market capitalization rose by 4.78% to $167.0 billion [4] - Intel's market capitalization increased by 3.55% to $96.7 billion [5] - Airbnb's market capitalization grew by 5.64% to $828 million [5]

Brian Armstrong, CEO of Coinbase, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended trading. The change will take effect before trading on May 19. Discover is in the process of being acquired by Capital One Financial.Since going public through a direct listing in 2021, Coinbas ...

Wall Street analysts rerated Coinbase Global, Inc COIN on Friday after the company reported disappointing first-quarter results on Thursday.Rosenblatt analyst Chris Brendler maintained Coinbase Global with a Buy and a $260 price target.Needham analyst John Todaro reiterated Coinbase Global with a Buy and lowered the price target from $330 to $270.Also Read: Robinhood Stock Falls After Analysts Cite Weak Crypto Volumes And Market Headwinds In Q2 OutlookRosenblatt: Revenue of $2.03 billion missed consensus of ...

Group 1 - Coinbase Global Inc. shares experienced a significant decline of 44% from the beginning of 2025 to an interim low on April 7 [1] - Following the initial coverage on April 10, the stock has rebounded, increasing by 16% [1] Group 2 - The analysis reflects a focus on identifying strong businesses at reasonable prices, with a particular interest in technology and cryptocurrency sectors [1]

Core Viewpoint - Coinbase aims to become one of the largest financial services companies globally within the next few years, leveraging the increasing adoption of crypto by traditional financial players [1][2]. Company Strategy - The company is focused on trading and payments across various customer segments, including retail, small and medium-sized businesses, institutions, and developers [1]. - Coinbase's goal is to be the number one financial services app in the world in five to ten years, believing that crypto is transforming financial services [2]. Product Expansion - Coinbase operates primarily as a cryptocurrency exchange but has expanded its offerings to include payments via stablecoins, rewards, staking, and custody services for institutional users [2]. - The company has over 200 institutional customers, including major players like BlackRock, Stripe, and PayPal [2]. Regulatory Environment - Recent regulatory changes have allowed U.S. banks to buy, sell, and act as custodians of crypto assets, indicating a shift towards more favorable conditions for crypto services [3]. - The loosening of regulatory constraints by the Trump administration and potential stablecoin legislation from Congress are encouraging traditional institutions to explore crypto-related services [4]. Market Trends - Armstrong predicts that all major banks will eventually integrate crypto into their operations, viewing it as essential technology for modernizing the financial system [5]. - Stablecoins have emerged as a significant revenue driver for Coinbase, with revenue from stablecoins increasing by 50% year-over-year and 32% quarter-over-quarter in the first quarter [6]. Competitive Positioning - Coinbase aims to make USDC the leading stablecoin, currently held by Tether's USDT, and believes that partnerships with banks will enhance its position in the market [7].

Core Insights - The article discusses significant events in the global market, particularly focusing on the impact of tariffs and trade negotiations between the US and China, as well as the expansion strategies of various companies in international markets [2][26][35]. Group 1: Major Events - Temu is shifting its focus to markets outside the US, particularly in the Middle East and Latin America, to reduce reliance on a single market [4]. - SHEIN and Temu experienced sales declines of 23% and 17% respectively due to increased tariffs, prompting both companies to raise retail prices [5][6]. - TikTok plans to build a €1 billion data center in Finland to enhance data security for its European users [10]. Group 2: Corporate Developments - Alibaba and 24 other US-listed Chinese companies face delisting risks due to alleged ties with the Chinese military [14]. - Jeff Bezos plans to sell up to $4.8 billion worth of Amazon stock over the next year [28]. - DoorDash is acquiring UK-based Deliveroo for £2.9 billion (approximately $3.85 billion) to strengthen its position in the European market [40]. Group 3: Investment and Financing - SAIC's ride-hailing brand, Xiangdao, completed over ¥1.3 billion in Series C financing and is preparing for international expansion [38]. - Uber is investing an additional $100 million in WeRide to expand its autonomous driving services into 15 international cities [39]. - Coinbase is set to acquire Deribit for nearly $2.9 billion to enhance its global derivatives strategy [44].

Group 1 - Coinbase's first-quarter results did not meet investor expectations [1] - The company is set to acquire Deribit for $2.9 billion, which may significantly impact its growth [1] - The acquisition is expected to enhance Coinbase's position in the crypto services market [1]