Circle, Coinbase, Strategy Surge as Crypto Stocks Rally on Possible Rate Cut Hopes
Circle, eToro and Marathon led sharp gains on Friday after Federal Reserve Chair Jerome Powell hinted that a policy shift could come next month.
| Ticker |
ETOR
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| CIK | 0001493318 |
| SIC | 6211 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Trading |
| Industry Group | Security And Commodity Brokers, Dealers, Exchanges & Services |
| Address | 30 SHESHET HAYAMIN STREET, BNEI BRAK, 5120261 |
| Website | www.etoro.com |
| Phone | 972 73-265-6600 |
| CEO | Jonathan Alexander Assia |
| Employees | 1,501 |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Circle, Coinbase, Strategy Surge as Crypto Stocks Rally on Possible Rate Cut HopesCircle, eToro and Marathon led sharp gains on Friday after Federal Reserve Chair Jerome Powell hinted that a policy shift could come next month. Crypto stocks tumble ahead of Friday’s economic conferenceShares of Coinbase and eToro fell more than 5% each. The price of bitcoin fell nearly 3% and the price of Ether fell more than 4% eToro Isn’t Feeling the Crypto Love. Should You Buy the Dip in ETOR Stock?eToro shares slipped after Q2 results despite strong growth in assets under administration and surging crypto revenue. EToro Posts Strong Results Thanks to Retail Trading Surge for Stocks and CryptoThe retail trading boom is alive and well, but you wouldn’t know it from the response to the latest financial results from the online stock and crypto brokerage firm eToro. The company, which went public in May, reported results that topped Wall Street’s forecasts Tuesday morning. EToro said that its net contribution, a top-line figure that subtracts the cost of revenue from cryptocurrency trading and margin-interest expense from total revenue and income, came in at $210 million. Why eToro Group Stock Swooned on WednesdayThe securities trading software specialist was the subject of some bearish pundit moves. |