Coinbase Global, Inc. Stock News

Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, regional banks, investment banks, and insurance companies, raising concerns about sustainability. The threat of mass deportations could impact agricultural REITs like Gladstone Land, affecting labo...

Most of the stock market's attention has been directed to cryptocurrency, the hottest and most popular niche of the technology sector today. The idea behind most decisions is that, as the price of Bitcoin keeps rallying near an all-time high of $100,000 per coin, most—if not all—of the names related to cryptocurrencies will rally along with Bitcoin.

Gary Gensler, chairman of US markets regulators the Securities and Exchange Commission (SEC), has announced his departure from the agency, effective from next January. Genlser, who was appointed by Democrat President Joe Biden in April 2021, has faced intense animosity from president-elect Donald Trump.

Subscribers to  Chart of the Week  received this commentary on Sunday, November 17.

Investors are probably aware of the “Everything rally” that took place a few days after the United States presidential election results were out, a message from the markets to show the world how bullish the implications are for the coming years of the administration. However, some asset classes, including cryptocurrencies, have started to cool off after this significant rally.

President-Elect Donald Trump reportedly is meeting with Coinbase CEO Brian Armstrong to discuss the incoming administration's personnel appointments. The meeting would mark the first time they have met since the day of the election, the Wall Street Journal (WSJ) reported Monday (Nov. 18), citing unnamed sources.

President-elect Donald Trump set to meet with Coinbase CEO. Trump Media stock bolts on crypto acquisition talks.

Tom Yeung here with your Sunday Digest.  Last week, I recommended five stocks to buy in 2025 on a Donald Trump election victory.