Coinbase app schedule buy4/1/2024 ![]() If we only look at Robinhood's crypto business, we see a problematic sequential drop in this week's report. This in and of itself doesn't mean that Coinbase is immune to what ails Robinhood this week. Robinhood is a jack of all trades Coinbase is a master of one. Coinbase is laser-focused as the world's largest cryptocurrency exchange platform. However, Robinhood operates as a marketplace for stocks, options, and cryptocurrency. Robinhood and Coinbase went public three months apart earlier this year, and they seem to be joined at the hip as next-gen trading platforms for young trigger-happy speculators. Is that a bad omen for Coinbase Global (NASDAQ: COIN) when it reports financial results for the same three-month period in two weeks? The market responded the way you would expect, sending Robinhood stock 10% lower on Wednesday. It fell short of analyst expectations for the quarter, and its near-term guidance wasn't very encouraging. Robinhood Markets (NASDAQ: HOOD) disappointed investors with its financial update this week. Watch Video: Bitcoin, Ethereum, Dogecoin: What to know before investing in crypto ![]()
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