S2 EP16: Bank Earnings, Compounding Lifestyle Master Class, and Coinbase IPO
Apr 12, 2021•13 min•Season 2Ep. 16
Episode description
In today's episode of compounding lifestyle, Bank Earnings Compounding Lifestyle Master Class and Coinbase IPO.
The upcoming week will be jam-packed with economic data including the Federal Reserve's Beige Book, and earnings from over a dozen big names including JPMorgan, Goldman Sachs, and Delta Airlines. On Wednesday, a slew of earnings will be released including JPMorgan, Goldman Sachs, and Wells Fargo as well as Bed Bath & Beyond, all before the opening bell.
Investors will also pay close attention to the initial public offering of Coinbase on Wednesday. The day will also mark Coinbase's debut on the NASDAQ. The company will begin trading through a direct listing under the ticker symbol COIN. Coinbase has listed 114,850,769 shares of stock, but we don't yet know exactly how many will be available for sale, and the company has yet to reveal a proposed stock price. Coinbase is valued at roughly $68 billion on the private markets, but that rises to more than $100 billion when including Coinbase's fully diluted share count.
The cryptocurrency exchange operator's IPO was delayed after the company was hit by an investigation from the Commodity Futures Trading Commission. The company agreed to pay $6.5 million to settle regulatory claims that it reported misleading information about its trading volumes, though it did not admit to or deny the regulator's allegations.
Coinbase, which was founded in 2012 as a platform to trade bitcoin, has 43 million users and serves 7,000 institutional customers, according to the company's prospectus filing.
$ARKX $XOM $TSLA $AAL $BNGO $MARA $O $CRWD $FB $AAPL $FCEL $MGM $GOOGL $EZGO $SHOP $MTCH $DIS $PDD $ $TWTR $MVIS $PLTR $BFLY $ENZC $GM $ABNB $COIN $MARA $RIOT $HOFV $OSTK $PYPL $PTON $TDOC $DDD $U
check for Coin Base IPO share prices are $200 estimated release date is late February or early April 2021
Control the Cash balance today and position yourself accordingly. Let's GO!!!!!
Research Links:
www.Finviz.com
www.Nasdaq.com
Learn more about options:
https://tinyurl.com/Compounding-Lifestyle
Music-Bob Ross goes to Hollywood- Boratic
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DISCLAIMER: These Podcasts are for educational purposes only. Nothing in this podcast should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Do your research and due diligence.
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