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Cathie Wood Buys The Dip In AMD, Ark Loads Up On Coinbase — But Scales Back On Airbnb - Advanced Micro Devices (NASDAQ:AMD)
Benzinga· 2026-02-18 02:19
Group 1: AMD and Broadcom Trades - Ark Invest executed significant trades involving Advanced Micro Devices Inc. (AMD) and Broadcom Inc. (AVGO) [1] - ARKK and ARKQ funds purchased a total of 24,205 shares of Broadcom, valued at approximately $8 million, with the stock closing at $332.54 [2] - Broadcom's recent performance has been positively impacted by Alphabet Inc.'s forecast of increased capital expenditures [2] Group 2: Coinbase Trade - Coinbase Global Inc. (COIN) is gaining market share and is viewed as a key player in the cryptocurrency economy [3] - Analysts have noted Coinbase's diversification and strategic positioning in the crypto space [3] Group 3: Airbnb Trade - Ark Invest reduced its holdings in Airbnb Inc. (ABNB), selling a total of 15,711 shares through its ARKF and ARKK funds, valued at approximately $2 million with the stock closing at $124.23 [4] - Airbnb's stock has been rising following positive earnings and analyst revisions, despite missing EPS expectations [4] Group 4: Additional Insights on AMD - AMD stock has a Momentum in the 89th percentile and Value in the 10th percentile according to Benzinga Edge Stock Rankings [5]
A Closer Look at Coinbase Global's Options Market Dynamics - Coinbase Global (NASDAQ:COIN)
Benzinga· 2026-01-08 20:02
Core Insights - Investors are showing a bullish stance on Coinbase Global, with significant options trading activity indicating potential upcoming developments [1][2] - The overall sentiment among large investors is mixed, with 46% bullish and 31% bearish positions noted in recent trades [2] - Significant investors are targeting a price range for Coinbase Global between $2.5 and $650.0 over the past three months [3] Options Activity - A total of 107 uncommon options trades for Coinbase Global were identified, with 33 puts amounting to $3,642,468 and 74 calls totaling $4,311,031 [2] - Noteworthy options activity includes various trades with bullish sentiment, such as a put sweep with a total trade value of $1.4 million and multiple call trades with values ranging from $176,000 to $564,200 [7] Market Status - Coinbase Global's current stock price is $246.42, reflecting a 0.2% increase, with a trading volume of 4,948,837 [10] - Analysts have issued a consensus target price of $287.8 for Coinbase Global, with individual targets ranging from $230 to $340 [9][10][12] - The company is recognized as the leading cryptocurrency exchange platform in the U.S., focusing on compliance and security for retail and institutional investors [8]
Michael Saylor Once Called Tom Lee Ethereum's 'Most Influential Spokesperson' Whose Presence Brings 'Trust' To Ecosystem
Yahoo Finance· 2025-11-03 09:46
Core Insights - Michael Saylor, co-founder of Strategy Inc., praised Tom Lee as a significant voice for Ethereum, highlighting his influence in bridging Wall Street and the cryptocurrency sector [1][2][3] Group 1: Influence of Tom Lee - Tom Lee has quickly become a prominent spokesperson within the Ethereum ecosystem, gaining visibility and influence in a short time frame [2] - Saylor emphasized Lee's Wall Street background, suggesting that his credibility facilitates capital flow into the cryptocurrency market [3] Group 2: Institutionalization of Cryptocurrency - Saylor noted that discussions between figures like Lee and early Ethereum entrepreneurs contribute to the commercialization and legitimization of the cryptocurrency movement [4] - The involvement of established investors, such as Cathie Wood and Peter Thiel, in firms like BitMine indicates growing institutional interest in the cryptocurrency space [5] Group 3: BitMine's Position - Under Tom Lee's leadership, BitMine has emerged as the largest Ethereum treasury company, holding 3,236,014 ETH valued at approximately $12.64 billion, making it the second-largest cryptocurrency treasury globally [5]