Coinbase Global, Inc. (COIN)
Why Coinbase Stock Soared 65% in November
Shares of Coinbase (COIN 2.30%) shot up 65% in November, according to data from S&P Global Market Intelligence. The cryptocurrency platform and market exchange posted disappointing earnings but saw its share price rise after the Trump victory in the United States presidential election.
OpenAI hires first marketing chief from Coinbase
OpenAI said on Tuesday that it's hired Kate Rouch from Coinbase as its first chief marketing officer. Rouch joined the crypto company in August 2021 and oversaw its Super Bowl ads.
Coinbase (COIN): A Crypto Powerhouse
Coinbase is the true market leader in the crypto exchange industry. The stock should benefit from global crypto adoption, strategic partnerships, and a strong balance sheet.
Coinbase policy chief expects speedy approval of crypto laws following Trump's victory
Faryar Shirzad, chief policy officer at Coinbase, said he sees crypto legislation making its way through Congress "fairly quickly" following President-elect Donald Trump's win. "I think we have the most pro-crypto Congress ever history," Shirzad told CNBC in an interview, but noted there's only a "small" chance the crypto legislation is considered in the so-called "lame duck" post-election period.
Why Is Coinbase Global (COIN) Up 73.5% Since Last Earnings Report?
Coinbase Global (COIN) reported earnings 30 days ago. What's next for the stock?
Coinbase: A Directional Bitcoin Bet
Coinbase reported strong Q3 earnings driven by increased transaction volumes, highlighting its growth potential amid rising Bitcoin prices. Coinbase's diversified revenue streams and significant year-over-year growth in consumer and institutional trading volumes underscore its profitability and financial strength. Due to Bitcoin's high market dominance, a rising BTC price will likely pull up the entire cryptocurrency market.
Here is What to Know Beyond Why Coinbase Global, Inc. (COIN) is a Trending Stock
Zacks.com users have recently been watching Coinbase Global (COIN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Why Coinbase Global (COIN) Might be Well Poised for a Surge
Coinbase Global (COIN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
All You Need to Know About Coinbase Global (COIN) Rating Upgrade to Buy
Coinbase Global (COIN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The Zacks Analyst Blog Coinbase, Robinhood Markets and Interactive Brokers
Coinbase, Robinhood Markets and Interactive Brokers are included in this Analyst Blog.
Coinbase Surges 71% Quarter to Date: Buy, Hold or Sell the Stock?
COIN's efforts to accelerate growth, increase market share and continue innovation poise it well for growth, but its weak return on capital keeps us cautious.
Trump Election Victory: 5 Stocks Benefit Most
The resounding Trump election victory and the Republican "mandate" will dramatically impact stocks like GEO Group, Coinbase, and Tesla.
