Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.40 | +0.30 | +0.30 | +0.16 | +0.30 | +0.40 | +0.40 | +0.40 | +0.30 | +0.06 | +0.20 | +0.20 |
GameStop meme-stock mania; strong tech
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Coinbase debuted on Nasdaq via direct listing, closing at $328.28 with an $85.8 billion fully diluted market cap, fueled by surging crypto demand. The move bypassed traditional IPO processes, enabling immediate share sales by existing holders. Strong revenue growth and 56 million users highlight its dominance, but future performance remains tied to volatile crypto prices.
Facebook has rebranded to Meta, signaling a strategic shift toward building the metaverse while retaining its core app names. The move aims to reshape its image amid ongoing scrutiny and competition, with major investments planned in VR and digital infrastructure. The rebrand underscores a long-term bet on immersive tech, though market reception remains uncertain given regulatory and reputational challenges.