Coinbase earnings get boost from the Trump sea change: What Wall Street is saying.

February 14, 2025

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Breaking News

Coinbase earnings get boost from the Trump sea change: What Wall Street is saying. 📈 Coinbase cashed in for the final quarter of 2024. Shares of the exchange fell slightly to $295.18 each in pre-market trading on Friday, despite a better-than-expected earnings report the night before. The pullback in the stock likely reflects its mixed guidance for the first quarter, where an increase in marketing spending could bring a sequential step-down in profit margins. Yahoo Finance reports.

EdgeUp

📈 SPSurge: The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S. President Donald Trump unveiled a roadmap for charging reciprocal tariffs on U.S. trading partners. Reuters reports.

📲 TikBack: TikTok returns to Apple, Google app stores. The Chinese-owned app had been removed from the two stores on January 18 after TikTok’s leadership temporarily halted its service in the U.S. in response to a national security law. CNBC reports.

🛍️ IPOHold: Fast-fashion group Shein's plans to list in the UK stock market are likely to be postponed to the second-half of this year after Donald Trump's move to close so-called "de minimis" rules. Reuters reports.

🌍 TravelTreasure: Airbnb shares pop 15% on better-than-expected earnings and revenue. CNBC reports.

🚀 ArmClimb: Arm shares rise on report that Meta will buy its first chip. CNBC reports.

⚡ Intelcrease: The stock price of Intel increased by 12% on Thursday morning on the news of US AI chip production expansion and positive market reactions toward its new processing chip releases. Yahoo Finance reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $VRPX: Virpax Pharmaceuticals

Total gain: +89.89%

2. $WRD: WeRide
Total gain: +62.55%

3. $MBRX: Moleculin Biotech
Total gain: +59.84%

4. $STAI: ScanTech AI Systems
Total gain: +42.26%

5. $ZCAR: Zoomcar Holdings
Total gain: +37.16%

Friday Fact

"Presidents' Day"? The Truth Behind the Holiday

George Washington was a humble man who did not enjoy flashy celebrations. During his lifetime, Washington paid little attention to his own birthday, and often “celebrated” it by responding to letters or attending to matters at Mount Vernon.

However, national celebration of his birthday began while he was alive and continued after his death. While his birthday is still recognized to this day, the parameters around it changed in the late 20th century, when it unofficially became known as “Presidents’ Day”.

📰 Read more

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on February 14.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $CSAI: Cloudastructure
Total gain: +103.8%
The stock appeared to be moving on no notable news.

2. $AMOD: Alpha Modus Holdings

Total gain: +103%
The stock appeared to be moving on no notable news.

3. $DOMH: Dominari Holdings
Total gain: +95.78%
The company announced that it has entered into definitive securities purchase agreements with certain investors for 1,439,467 shares of its common stock. Benzinga reports.

Today’s Notable Earnings

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

MRNA: Moderna
Before Market Open
Q4 2024
Estimate: -2.680
Actual: N/A

MGA: Magna International
Before Market Open
Q4 2024
Estimate: 1.520
Actual: N/A

SXT: Sensient Technologies

Before Market Open
Q4 2024
Estimate: 0.640
Actual: N/A

Today’s Key Economic Dates

Time (ET) / Report / Period

8:30 am - Import price index - January
8:30 am - Import price index minus fuel - January
8:30 am - U.S. retail sales - January

Parting Thoughts

“Every successful trader I know ultimately ended up with a trading plan, rules, and guidelines to guide their decisions.”

― Jack D. Schwager

Sourced in:
“Market Wizards: Interviews with Top Traders”, by Jack D. Schwager, published
in 1989