The stock market concluded the last week on a downturn despite the S&P 500 index reaching an all-time closing high on Thursday, March 7. Amidst this market fluctuation, specific stocks have showcased noteworthy performances, both bullish and bearish, and deserve scrutiny.In light of these circumstances, guided by key fundamentals, Finbold has identified the following three stocks that require attention this week.NvidiaNvidia’s (NASDAQ: NVDA) stock has seen a significant upward trend in recent months, primar ...

If you've been keeping up on markets, you've likely seen that cryptocurrencies are back in full force. In just 2024 alone, the asset class has jumped by nearly 50%, collectively worth more than $2.45 trillion today.However, despite this resurgence, many indicators suggest that crypto has yet to hit its peak, making today a valuable opportunity. While combing through the thousands of cryptocurrencies in circulation can be a daunting task, there is a simpler way for investors to ride the waves of crypto's mom ...

Given the shifting market sentiment toward more growth-oriented names, I’ve decided to move up the risk spectrum somewhat with this piece. These three high-growth tech stocks are companies with past massive surges that could be poised for similar momentum if recent price action in the market continues.Interestingly, these three stocks aren’t what I would call AI darlings. Indeed, they may benefit from some AI trends. However, their secular catalysts are driven by other sectors, from crypto to e-commerce and ...

Coinbase Global (COIN 5.59%) shares jumped 58.8% last month, according to data provided by S&P Global Market Intelligence. The stock benefited from a combination of strong quarterly results and soaring cryptocurrency prices. The company is capitalizing on more accommodative capital market conditions, and things are looking increasingly attractive for the upcoming quarters.Quarterly earnings were impressiveCoinbase comfortably surpassed analyst estimates for revenue and earnings. Revenue increased 50% over t ...

Below is part 2 of my series “Real-World Investing vs. Theoretical Investing.” If you missed part 1, you can find it here.Real World Investors Look for Subtle CluesBelow are two of my most relied-upon clues:The Reaction to the News Supersedes the News Itself: In late 2023, the SEC sued Coinbase ((COIN). Rather than succumbing to poor news, the stock rallied back to where it was pre-lawsuit announcement within days. Investors should focus on the reaction to news instead of the news itself.Image Source: Zacks ...

Summary of Coinbase Global Inc Conference Call Company Overview - **Company**: Coinbase Global Inc (NASDAQ: COIN) - **Date**: March 6, 2024 - **Participants**: Brian Armstrong (Co-Founder, Chairman & CEO), Alesia Haas (Chief Financial Officer) Key Industry Insights - **Volatility in Crypto**: The crypto industry is characterized by significant volatility, with Coinbase aiming to maintain a steady approach through cycles [3][4] - **Cost Management**: Coinbase successfully reduced costs by 45% to ensure positive adjusted EBITDA across market conditions [3] - **Regulatory Landscape**: Competitors faced regulatory challenges, validating Coinbase's strategy of compliance and trust [3] Competitive Advantages - **Trust and Compliance**: Trust is identified as a key competitive moat, with a focus on compliance in a regulated financial services environment [6][7] - **Ease of Use**: Coinbase aims to simplify crypto access for non-tech-savvy users, enhancing user experience [7] Financial Performance - **Revenue Diversification**: Subscription and services revenue grew to nearly 50% of total revenue, with a 78% quarter-over-quarter increase [11] - **Stablecoin Adoption**: USDC's market cap rebounded by $4 billion, indicating recovery and growth in the stablecoin sector [51] Product Development and Innovation - **Layer 2 Solutions**: Coinbase's Layer 2 solution, Base, is designed to enhance transaction speed and reduce costs, with only 7% of transactions currently utilizing it [14][58] - **Derivatives Market**: The derivatives market represents a significant opportunity, with 75% of trading volume in crypto being derivatives [21] International Expansion - **Global Strategy**: Coinbase employs a "go broad and go deep" strategy, with a self-custodial wallet available in 190 countries and focused investments in major economies [25][26] - **Regulatory Clarity**: The company is actively seeking regulatory clarity in the U.S. to enhance its competitive position [30][31] Market Trends and Future Outlook - **ETF Impact**: The approval of Bitcoin ETFs has led to $8 billion in net inflows, positively affecting both retail and institutional products [44][78] - **Long-term Vision**: Coinbase aims to become a primary financial account for users, facilitating payments, payroll, and lending through crypto [66][67] Challenges and Considerations - **Margin Compression**: While long-term margin compression is anticipated, current market conditions have not yet led to significant changes in margins [83] - **Sustainability of Margins**: The complexity of running a compliant and secure crypto business may protect against immediate commoditization [83][84] Additional Insights - **Venture Strategy**: Coinbase Ventures invests in early-stage startups to stay connected with ecosystem developments and inform future business strategies [76] - **Decentralized vs. Centralized Exchanges**: Coinbase supports both decentralized and centralized exchanges, viewing them as complementary [75] This summary encapsulates the key points discussed during the conference call, highlighting Coinbase's strategic positioning, market dynamics, and future growth opportunities.

With the cryptocurrency sector continuing to build off its impressive performance this week, it’s only natural that crypto trading platform Coinbase (NASDAQ:COIN) is benefitting. Over the past five sessions, COIN stock secured gains of almost 16%. However, there could be one more profitable opportunity to the upside before the weekend arrives.First, let’s set up the backdrop. According to CoinMarketCap, the total market capitalization of all cryptos stands at $2.51 trillion. For context, at the beginning of ...

Bitcoin (BTC-USD) hit a record high of $69,202, topping its previous high of $68,999.99 in November 2021. That’s good news for Coinbase Global (NASDAQ:COIN) and COIN stock. After all, Bitcoin accounted for 34% of its 2023 trading volume and 35% of its transaction revenue. “We generate a large portion of our total revenue from transaction fees on our platform in connection with the purchase, sale, and trading of crypto assets by our customers. Transaction revenue is based on transaction fees that are either ...

The past 15 months have been very good to Coinbase (COIN) stock price.During that time, COIN has rallied from $31 to over $230. And the rally has seen some wild volatility! Today’s “weekly” chart of Coinbase highlights this and more. As you can see, COIN has been in a wide up-trend channel for the past 15 months. And it recently touched the top of the channel at (1) before reversing lower.This is NOT an ideal price point for high-flying Coinbase stock price to create a bearish reversal! Sign up for our ...

Warren Buffet expressed his concern about the current state of markets. The Oracle of Omaha, reflecting on the volatility and speculation he sees today stated, “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young."Buffet has a famous maxim to be greedy when others are cautious and cautious when others are greedy. Is this an allusion to excess greed in the markets today?Coinbase Goes DownAs Bitcoin BTC/USD hits an all-time high, traffic has exploded on Coinba ...