Goldman Bullish on Online Brokers’ 4Q Earnings Due to Crypto Activity, Retail Trading

Goldman Sachs is bullish about the prospects for fourth-quarter earnings for online brokers due to a surge in crypto-trading revenues and increased activity from retail investors.

Crypto exchange Coinbase, bank Silvergate Capital and trading platform Robinhood are expected to post the strongest results relative to estimates, the bank said in a note published Tuesday. Goldman expects total crypto-trading revenue at Coinbase and Robinhood to rise 62% and 18% respectively from the previous quarter.Large volumes in shiba inu during the quarter are indicative of strong retail-trading volumes.

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Goldman says to buy online dating stocks Bumble and Match Group, sees huge upside aheadFor CNBCPro subscribers: Goldman says to buy online dating stocks Bumble and Match Group, sees huge upside ahead. Pro Premise of bumble is good. In reality it’s trash. No cap. Yard sale. Informed people know this. bumble Pro So says the company who underwrote the IPO for Bumble. There's a reason Bumble is down more than 60% from its high. It has major intrinsic issues with its business structure. That'll be a no for me. Pro The rational no longer resides where Goldman does.
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