5 ETFs Returning 5% or More Last Week [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
2.3%, the Nasdaq losing 1.8% and the Russell 2000 retreating 4.5%. Less dovish Fed cues for 2025 led to this decline in shares. Although Wall Street dived in mid-week, markets recouped some of the previous losses to close out the week on cooling inflation data. Let's delve a little deeper. Fed Cuts Rates by 0.25%, Signals Fewer Cuts Markets experienced a sharp sell-off on Dec. 18, 2024 as Fed Chair Jerome Powell explained the central bank's decision to cut interest rates at a slower pace next year than previously anticipated. The Fed now forecasts two rate cuts in 2025, down from the four anticipated in September. Investment strategists pointed to a shift in the Fed's tone, causing uncertainty around the frequency and magnitude of future rate cuts in 2025. The upbeat U.S. GDP report and above-consensus retail sales data also strengthened the Fed's slightly hawkish view (read: Fed Cuts Rates by 0.25%, Signals Fewer Cuts: ETFs to Play). U.S. Economy Grows 3.1% in Q3 The U.S.
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COIN
News
- Bitcoin Prices Trade Close To $95,000 After Nearly 5% Drop [Forbes]Forbes
- If You Gifted Your Family $100 In Bitcoin, Dogecoin And Ethereum Last Christmas, Here's How Much They Would've Had This Christmas [Yahoo! Finance]Yahoo! Finance
- Crypto readies its wish list for Trump [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Trump policy could bring 'enormous vindication' for crypto: Expert [Yahoo! Finance Canada]Yahoo! Finance Canada
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 12/26/24 - Form 4
- 12/26/24 - Form 144
- 12/23/24 - Form 144
- COIN's page on the SEC website