Coinbase Downgraded to Hold as Valuation Concerns Rise
Argus downgrades Coinbase to Hold, citing high valuation, slower expected growth, and rising expenses. Shares fall over 3% as the firm trims long-term earnings forecasts.
/ 9 items
#HOOD↓
DraftKings Misses Targets and Slashes 2025 Forecast Amid Competition Pressures
DraftKings reports disappointing Q3 results with revenue missing estimates by $80M, cuts full-year guidance by $300M, and faces rising competition from prediction markets.
Robinhood Eyes Global Prediction Market Expansion: Navigating the Regulatory Minefield
Robinhood Markets is exploring taking its fast-growing prediction markets product to countries like the UK and Europe, facing complex regulatory challenges as the industry blurs the lines between finance and gambling.