Workflow
Will COIN's New Index Combining Mag 7 and Crypto Futures Power Growth?
ZACKS· 2025-09-03 18:05
Group 1: Company Developments - Coinbase Global Inc. (COIN) is launching a unique equity index future that provides exposure to Mag 7 stocks and crypto futures, aligning with CEO Brian Armstrong's vision of creating an "everything exchange" [1] - The new product will be available starting September 22 and will include stocks like NVIDIA, Apple, Alphabet, Amazon, Meta Platforms, and Tesla, as well as crypto ETFs such as iShares Bitcoin Trust and iShares Ethereum Trust [1] - COIN has been pursuing strategic moves to enhance trading activities and revenue, including the acquisition of Derbit, launching a decentralized exchange feature, and partnering with JPMorgan and PNC Bank [1] Group 2: Financial Performance - In Q2 2025, total trading volume increased by 4.9% year over year to 237 million, while total revenues rose by 3.2% year over year to $1.5 billion, driven by higher transaction and subscription revenues [2][6] - COIN's shares have gained 23.1% year to date, outperforming the industry [5] Group 3: Peer Comparison - Robinhood Market (HOOD) is diversifying its product offerings, including the launch of pro and college football prediction markets and tokenized stocks in the EU [3] - Circle Internet Group (CRCL) plans to launch Arc, a Layer-1 blockchain for capital markets and payments using USDC by year-end, aiming to enhance USDC's applications and drive revenue growth [4] Group 4: Valuation and Estimates - COIN trades at a price-to-earnings ratio of 49.35, significantly above the industry average of 24.5, and carries a Value Score of F [7] - The Zacks Consensus Estimate for COIN's third-quarter 2025 EPS has decreased by 1 cent, while estimates for 2025 and 2026 revenues indicate year-over-year increases, but EPS estimates show a decline [8][9]
Fortinet, Inc. (FTNT) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
GlobeNewswire News Room· 2025-09-03 18:03
BENSALEM, Pa., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FORTINET, INC. (FTNT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by emai ...
Mastercard Ties Up To Advance Zain Cash's Card Suite in Jordan
ZACKS· 2025-09-03 18:01
Key Takeaways Mastercard joins forces with Zain Cash to roll out secure payment solutions across Jordan.The alliance expands Zain Cash's Mastercard-powered prepaid, credit and SME-focused cards.Mastercard backs Zain Cash's new Innovation Hub to co-develop next-gen payment services.Mastercard Incorporated (MA) recently teamed up with the fintech company, Zain Cash, which offers a secure and user-friendly platform for individuals and enterprises to manage financial transactions, including money transfers, dig ...
Macy's Q2 Earnings Beat Estimates, Comps Rise Y/Y, FY25 View Up
ZACKS· 2025-09-03 18:01
Key Takeaways Macy's Q2 earnings and sales beat estimates despite y/y declines.Comps grew 1.9% on an owned-plus-licensed-plus-marketplace basis, the strongest in 12 quarters.The FY25 net sales outlook has been lifted to $21.15B-$21.45B, with higher EPS guidance.Macy’s, Inc. (M) has reported second-quarter fiscal 2025 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. However, both metrics decreased from the year-ago quarter. Comparable sales (comps) increased on an owned and o ...
Securities Fraud Investigation Into Marex Group plc (MRX) Continues – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
GlobeNewswire News Room· 2025-09-03 18:01
LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Marex Group plc (“Marex” or the “Company”) (NASDAQ: MRX) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON MAREX GROUP PLC (MRX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 5, 2025, NINGI Research published a ...
Sprinklr: Too Cheap To Ignore Amid Stabilizing Growth (Upgrade)
Seeking Alpha· 2025-09-03 17:59
The stock market is showing signs of strain near all-time highs, a clear signal that investors are worried about valuations. And yet, we note that not every stock is expensive: rather, it's mainly the large-cap tech stocks that have driven the majority of the year'sWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today ...
Sysco Corporation (SYY) Presents At Barclays 18th Annual Global Consumer Staples Conference 2025 Transcript
Seeking Alpha· 2025-09-03 17:59
PresentationJeffrey BernsteinDirector & Senior Equity Research Analyst Good morning, everyone. My name is Jeff Bernstein, and I'm the restaurant and foodservice distribution analyst at Barclays. I'm pleased to introduce our next presenting company, Sysco Corporation. With us this morning, we have Kevin Hourican to my immediate right, President and CEO; Kenny Cheung, CFO, sitting right next to him; and in the audience, we have Kevin Kim, Head of IR; and Joshua Long, Senior Director of IR. And obviously, we a ...
Kiniksa Pharmaceuticals International, Plc (KNSA) Presents At Citi's Biopharma Back To School Conference Transcript
Seeking Alpha· 2025-09-03 17:57
Geoffrey MeachamManaging Director Welcome to the second day of the Citi Biopharma and Back-to-school Conference. This is our 20th annual. Last year, we didn't do it, and we opted to put all the biotech companies in the Global Healthcare Conference in Miami. And this year, we're doing both. And hopefully, you guys do both as well. So Kiniksa is with us. We're thrilled to have Sanj Patel, CEO; Ross Moat, CCO, Commercial; and John Paolini, Chief Medical Officer, [ Kiniksa ]. Thanks, guys, for joining us. The u ...
Securities Fraud Investigation Into Barnes & Noble Education, Inc. (BNED) Continues – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
GlobeNewswire News Room· 2025-09-03 17:57
LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of Barnes & Noble Education, Inc. (“Barnes & Noble” or the “Company”) (NYSE: BNED) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON BARNES & NOBLE EDUCATION, INC. (BNED), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.   What Is The Investigation About? On July 18, 2025, Barnes & Nob ...
lululemon Banks on China: Can It Deliver Growth in Fiscal 2025?
ZACKS· 2025-09-03 17:56
Key Takeaways lululemon targets 200 China stores under its Power of Three x2 strategy, up from 154 in Q1 FY25.Q1 FY25 revenues in Mainland China rose 22%, with 8% comparable sales growth.Expansion leans on localization, digital reach via Tmall and WeChat, and community engagement.lululemon athletica inc. (LULU) is a globally recognized brand specializing in athletic footwear, apparel and sports equipment. LULU views China as a cornerstone of its international growth strategy. The company is rapidly enhancin ...