Coinbase Global, Inc. (COIN) is slated to report fourth-quarter 2023 results on Feb 15 after the closing bell. COIN delivered an earnings surprise in the last three reported quarters of 2023.Let’s see how things have shaped up prior to the announcement.Fourth-quarter results are likely to benefit from lower transaction, technology and development expenses, higher stablecoin revenues and a mix shift of trading volume, offset by a decline in consumer transaction revenues.Subscription and services revenues are ...

Slowly but surely, the cryptocurrency asset class is maturing. Given its cyclical and, at times, volatile nature, this can be hard to discern, but each wave of growth is larger than the previous.Adding to its complexity is the sheer number of cryptocurrencies on the market. New ones arrive seemingly every day, making it difficult to determine which is worthy of a spot in your portfolio. But what if there was a way to gain comprehensive exposure to the best of crypto just by holding just one stock? Well, the ...

2 Earnings Calls I'm Watching Next WeekIt’s been a while since I’ve done this but it was a good practice and forced me to actually listen to the earnings calls of companies I invest in. Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.2 Earnings Calls I’m Watching for Next WeekWe’re deep into the heart of earnings season and so far it’s been a successful one for big tech but a m ...

Bitcoin is above $47,000 for the first time since March 2022This morning, Bitcoin (BTC) reclaimed the $47,000 level for the first time since March 2022. In response, cryptocurrency-adjacent stocks. Marathon Digital Holdings Inc (NASDAQ:MARA) and Coinbase Global Inc (NASDAQ:COIN), as well as BTC exchange-traded fund (ETF) iShares Bitcoin Trust (IBIT) are all confidently higher. MARA was last seen up 5.7% to trade at $22.82. While the stock is still 0.5% lower in 2024, it has added 292.5% in the last 12 month ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Coinbase Global, Inc. (COIN) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 15, 2024, might help the stock move higher if these key numbers are b ...

Financial services companies are an essential sector for investors to seek exposure because they offer decent dividend yields and relatively stable returns. Despite this fact, this has led to this list of financial stocks to sell.Fintech companies are also a make-or-break option for investors, and the overall volatility within the ever-expanding fintech space may continue to lead investors elsewhere or bring investors in based on the desired risk profile.Investors looking for financial companies to invest i ...

Coinbase Global, Inc. (COIN) closed at $122.07 in the latest trading session, marking a +1.9% move from the prior day. This move outpaced the S&P 500's daily gain of 0.82%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.95%.The the stock of company has fallen by 21.19% in the past month, lagging the Finance sector's gain of 1.02% and the S&P 500's gain of 5.59%.The investment community will be closely monitoring the performance of Coinbase Global, Inc. in its forthcoming earnings repor ...

Shares of Coinbase Global (COIN -9.22%) dropped by as much as 10.4% in trading on Monday as investors speculated that interest rates would stay higher for longer than previously expected. Shares ended the session down 9.2%.Interest rates and CoinbaseThe common perception is that lower rates help the crypto industry. Low rates for safe, interest-bearing investments push more investors into riskier assets, and crypto falls in the high-risk category.Major crypto tokens often trade correlated to growth stocks, ...

Shares of cryptocurrency companies Coinbase Global (COIN -9.22%), Marathon Digital (MARA -8.57%), and Riot Platforms (RIOT -7.76%) performed poorly during January as the cryptocurrency space took an unexpected breather. According to data provided by S&P Global Market Intelligence, these three stocks were down 26.3%, 24.5%, and 29.5%, respectively, during the month.There are company-specific things that could be talked about regarding Coinbase, Marathon Digital, and Riot Platforms. However, looking at a stoc ...

Coinbase Global, Inc. (COIN) closed the latest trading day at $128.95, indicating a +0.59% change from the previous session's end. This change lagged the S&P 500's 1.25% gain on the day. Meanwhile, the Dow experienced a rise of 0.97%, and the technology-dominated Nasdaq saw an increase of 1.3%.The company's stock has dropped by 15.79% in the past month, falling short of the Finance sector's loss of 2.58% and the S&P 500's gain of 1.58%.The upcoming earnings release of Coinbase Global, Inc. will be of great ...