Election 2024 coverage presented by
Last updated 3 mins ago
Election 2024 coverage presented by
Last updated 3 mins ago
British banking giant Barclays has upgraded both Coinbase (COIN) and Robinhood (HOOD) to equal weight from underweight, citing better business models.
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Wall Street analysts characterized Coinbase’s (COIN) second-quarter earnings as ‘solid’, given the industry's downtick in trading volume - the exchange’s biggest source of income historically.
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Coinbase (COIN) second-quarter revenue beat the Wall Street analysts' estimates slightly as the industry continues to recover from the crypto winter, sending the crypto exchange's shares higher.
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Analysts expect a significant drop in Coinbase’s (COIN) second quarter earnings compared to the first quarter, as trading volume and transaction revenue lowered across the industry.
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Coinbase (COIN) shares rose 2.5% in pre-market trading on Friday after Wall Street giant Bank of America (BAC) upgraded the shares to neutral from underperform.
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Shares of Coinbase dropped nearly 8% to $202.49 during U.S. morning hours on Thursday after a Financial Times report that the Chicago Mercantile Exchange (CME) might soon offer spot bitcoin trading am...
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