The article highlights the biggest stock movements at midday, featuring companies like Coinbase, Arista Networks, Chevron, and Halliburton, indicating notable trading activity among these firms.
The article summarizes the biggest analyst calls on Monday for major companies including Nvidia, Apple, Amazon, Coinbase, Oracle, Intel, IBM, and Costco.
Goldman Sachs has become bullish on Coinbase following a 12-month decline in its stock price, indicating renewed confidence in the cryptocurrency exchange's prospects.
The article highlights the biggest premarket stock movements involving companies like Oracle, CoreWeave, Nike, and Coinbase, indicating notable trading activity before the market opens.
Coinbase shares increased by 2% after reporting third-quarter earnings that surpassed expectations, with net income rising to $432.6 million and revenue reaching $1.87 billion, driven by strong transaction revenue.
Coinbase reported a significant increase in third-quarter profit driven by higher trading volumes amid sector volatility, with transaction revenue doubling and stablecoin-related income rising, reflecting broader adoption and favorable policies.
Coinbase is set to announce its Q3 2025 earnings on October 30th, with expectations of a $1.19 EPS and $1.81 billion in revenue, though the stock may decline if trading volume drops further.
JPMorgan estimates Coinbase's upcoming Base network token could be valued up to $34 billion, viewing it as a significant new monetization avenue alongside USDC yields and onchain trading, with potential to enhance Coinbase's valuation and decentralization efforts.
NBA star Kevin Durant regained access to his Coinbase Bitcoin account after nearly 10 years, highlighting issues with account recovery in crypto platforms. The story also touches on early Bitcoin investments by Durant and his agent, and Coinbase's efforts to improve customer support amidst widespread account access problems.
Kevin Durant regained access to his Coinbase Bitcoin account after years, highlighting ongoing issues with Coinbase's customer support, which the company has pledged to improve amidst broader concerns about its service quality.
Kevin Durant has regained access to his Coinbase account after a user error, highlighting his long-standing involvement with Bitcoin since 2016, and his role as a prominent NBA athlete advocating for cryptocurrency investments.
The article discusses how Coinbase's market dominance is threatened as former President Trump’s support for cryptocurrencies attracts new entrants into the space, potentially shifting the competitive landscape.
The stock market experienced a downturn with the Dow and other major indexes falling, while stocks like Palantir surged on strong earnings. American Eagle and Coinbase declined, but tech giants like Amazon, Microsoft, and Nvidia led gains among the Magnificent Seven. Economic data and earnings reports influenced market movements, with some stocks reacting positively to earnings and others declining due to missed estimates.
Despite a 17% drop in Coinbase's stock following a disappointing Q2 earnings report, analysts remain optimistic about the company's future, citing strategic acquisitions, new partnerships with major banks like JPMorgan, and plans to diversify revenue streams beyond traditional crypto trading, which could lead to stronger earnings in upcoming quarters.
Celestica's stock rises after strong earnings and outlook, Roblox surges despite losses, but Coinbase's stock crashes over disappointing earnings and revenue miss, triggering a sell signal.