On July 21, Coinbase Global rose 5.21% in pre-market trading, trading at $168.5/share, with turnover of $23.29 million. The stock rebounded from the prior session's decline as broader market sentiment improved.

On the news front, U.S. stock index futures rose on Tuesday, recovering part of the previous session's losses. While the latest developments in the U.S.-Iran conflict remain on investors' radar, market focus is gradually shifting toward upcoming corporate earnings reports. Cryptocurrency-related stocks broadly advanced in pre-market trading alongside gains in semiconductor and storage names, with Nasdaq futures climbing over 1%.

Coinbase is scheduled to report Q2 earnings on July 30, with consensus EPS expectations at $0.19, representing a potential return to profitability after posting a Q1 loss of $0.17 per share. The company reported Q1 revenue of $1.413 billion, down 30.54% year-over-year. Notably, institutional options activity has recently shown a bullish tilt, with a $29.36 million call combination trade targeting the $170/$190 range signaling directional optimism ahead of the report.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)