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Coinbase Bear Morgan Stanley Says Earnings Recovery Less Certain

Marcus Chen
Managing Editor · Friday, November 6, 2026 at 11:42 AM · 1 min read
Coinbase Bear Morgan Stanley Says Earnings Recovery Less Certain

Coinbase Global Inc.’s list of bears is growing long. Morgan Stanley came out swinging against the cryptocurrency exchange this week, slashing revenue estimates and saying confidence in the earnings recovery has deteriorated.

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