Stocks

On Friday, Benchmark analyst Mark Palmer lowered his Coinbase price target from $421 to $267, a cut of more than one-third, while maintaining a buy rating and estimating about 60% upside from roughly $164 per share. His revised forecasts follow Coinbase's fourth-quarter 2025 report, where net revenue fell to $1.71 billion and the firm posted a $667 million GAAP net loss, but showed growth in derivatives, stablecoin income and subscription revenue now representing 43% of net revenue. Other brokerages adjusted their targets as well, with some reaffirming bullish views and others turning more cautious on the stock.

X plans to introduce Smart Cashtags within weeks, according to statements from Nikita Bier. The feature will let the platform’s one-billion-plus users trade Bitcoin, other crypto assets, and stocks directly from the timeline. By turning cashtags into interactive tickers with live data and execution, X moves closer to its goal of an everything app.

On February 14, 2026, SpaceX was reported to be preparing a 2026 IPO that could use a dual-class share structure, aiming to maintain Elon Musk’s voting influence. Secondary-market trades last year put the firm around $800 billion, and market reports suggest a listing could approach $1.5 trillion as Starlink’s 9,400 satellites and 9 million users bolster growth.

Coinbase posted a $667 million net loss for Q4 2025, reversing a $1.3 billion profit in the prior-year quarter. Revenue fell 21.6% year over year to $1.78 billion as transaction revenue declined 36% to $983 million, and adjusted EPS of $0.66 missed forecasts. Portfolio markdowns totaled $718 million alongside a $395 million loss on strategic investments.

X head of product Nikita Bier said Smart Cashtags will arrive within weeks, enabling stock and crypto trading directly from the timeline. The feature, first previewed Jan. 11 with a February target, will show live pricing for on-chain assets and smaller-cap tokens, while X also plans tighter enforcement against spammy crypto apps.

On 14 February 2026, Figure Technology said a social‑engineering attack let intruders access an employee account and extract internal files. The group ShinyHunters claimed responsibility and posted about 2.5GB of customer data. Figure began a forensic investigation, notified affected users, and offered credit monitoring, while shares of Figure (FIGR) closed up more than 3% at $35.29.

On February 13, 2026, Grayscale filed a Form S-1 to convert the Grayscale Aave Trust into a spot ETF slated for NYSE Arca, according to the S-1. The filing sets a 2.5% sponsor fee payable in AAVE, names Coinbase as custodian and primary broker, and notes SEC acceptance under Accession No. 0001193125-26-051643; as of February 2026, the trust held roughly $858,597 with a NAV per share of $11.04.

US consumer prices rose 2.4% in the 12 months through January 2026, easing from 2.7% in December and undershooting economists' expectations. While the softer reading and modest monthly gains suggest some relief on inflation, Chicago Fed President Austan Goolsbee signaled the central bank is not ready to cut interest rates until it sees more sustained progress. Traders largely expect the Federal Reserve to hold rates at its March 18, 2026, meeting, with future moves dependent on upcoming inflation and labor data.

Solana Company shares rose 14% to close at $2.21 as investors reacted to an institutional lending framework that unlocks liquidity from natively staked SOL. HSDT advanced from near $1.90 to about $2.35 before easing, with after-hours quotes at $2.34. The model links Anchorage Digital and Kamino to enable custody-based borrowing while preserving staking rewards.

On February 14, 2026, Elon Musk confirmed X Money is in closed internal testing. An external beta is expected within 30–60 days, indicating a March–April 2026 launch. The rollout starts with P2P payments and fiat transfers, with plans to add in‑app stock and crypto trading via Smart Cashtags, supported by a Visa partnership and licenses in 40+ U.S. states.