HomeMarketsU.S. Economy & JobsBitcoin ETF Could Create Competition For Coinbase (COIN)

Bitcoin ETF Could Create Competition For Coinbase (COIN)

American Airlines (AAL) has the worst balance sheet out of all of them, so that’s always been a concern for them, notes Tom White. He discusses AAL, Palantir (PLTR), and Coinbase (COIN). He talks about how AAL did raise their guidance. He goes over how PLTR is seeing positive momentum in their commercial business and has a platform to help companies get involved in A.I. Additionally, COIN is on the rise after news of a Bitcoin ETF. He talks about how this ETF could create more competition for COIN. He then demonstrates example trades using AAL, PLTR, and COIN. He is bearish on AAL and bullish on PLTR and COIN. Tune in to find out more about the stock market today.

Market On Close

29 Aug 2023

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