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Latest from Will Canny
Robinhood's Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish
The company missed consensus revenue expectations, Wall Street analysts said.

Archax to Buy Spanish Broker King & Shaxson Capital Markets to Expand in Europe
Completion of the acquisition is subject to regulatory approval in Spain.

Coinbase's Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts
The market will now be watching the U.S. presidential election as an important short-term catalyst for Coinbase and the wider industry.

Crypto-Backed Cloud-Storage Platform Storj Promotes Colby Winegar to CEO
Winegar previously served as the company's chief revenue officer.

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'
The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research
The launch of options on spot bitcoin exchange-traded funds in the U.S. will reduce the incentives for investors to hold MicroStrategy stock over these ETFs, the report said.

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan
Tokens such as BUIDL are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus
Co-founder Alex Casimo and CFO Jae Park were fired in July, which triggered a number of departures from the market making firm.

Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein
Stablecoins have emerged as the main use case for blockchains, especially for cross-border payments, the report said.
