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Adam Forsyth

Robinhood stock rebounds as Bernstein sees 80% upside

Robinhood stock recovered more than 2% on Thursday after Bernstein maintained its $160 target, betting that tokenization and prediction markets can offset weaker crypto trading. Summary Bernstein maintained an Outperform rating and $160 target, implying roughly 81% upside from Thursday’s close. Robinhood’s second-quarter net revenue rose 32% year over year to $1.31 billion. Event contracts…

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Coinbase stock sinks 12% after Q2 revenue miss

Coinbase stock extended its post-earnings sell-off on Friday, falling more than 12% as weaker trading revenue and a $359 million quarterly loss raised concerns about the exchange’s near-term growth. Summary COIN fell 12.11% to $143.77, extending an initial 5.12% premarket decline. Second-quarter revenue reached $1.22 billion, below Wall Street’s $1.29 billion estimate. The stock broke…

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MicroStrategy Q2 2026: Bitcoin Accumulation Accelerates Despite Accounting Loss

Strategy,  the company formerly known as MicroStrategy, reported a net loss for Q2 2026. The central tension here is this: the headline loss is largely an accounting artifact tied to fair-value movements in its Bitcoin holdings, while the underlying Bitcoin accumulation strategy accelerated. Whether MSTR holders should be concerned depends entirely on which number they…

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Robinhood earns $160 target from Bernstein on tokenization and Rothera growth

Bernstein has maintained its Outperform rating on Robinhood Markets with a $160 price target, saying the company’s crypto business has expanded beyond trading into tokenization and market infrastructure. Summary Bernstein kept its Outperform rating on Robinhood and maintained a $160 price target. Robinhood Chain has processed more than $12 billion in DEX volume and over…

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