Coinbase Global Inc (NASDAQ:COIN) is enjoying a boost this morning, following news that the crypto wallet has proposed a debt offering of $1.5 billion, in an effort to raise money for product development and possible mergers and acquisitions. Separately, Piper Sandler reiterated its “overweight” rating on COIN, despite recent news that U.S. regulators have plans to sue the company, should it move forward with its digital lending service. 

The stock was last seen up 1.3% at $245.97, though it looks like the security is still struggling to push past recent pressure at its year-to-date breakeven, as well as its 50-day moving average, which served as support for COIN in the past. The $240 level looks to have emerged as a floor, however. 

Sentiment surrounding COIN remains optimistic. Of the 16 analysts in coverage, 10 say "buy" or better. This bullishness is echoed in the options pits. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), 2.16 calls have been picked up for every put over the past 10 weeks. 

Today will feature the National Federation of Independent Business' (NFIB) small-business index, as well as CPI and core CPI updates.

The following company is due to release quarterly earnings today, September 14:

FuelCell Energy Inc. (NASDAQ:FCEL -- $5.62) designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. FuelCell Energy will report its Q3 earnings of 2021 before the bell today.

Looking ahead to tomorrow, investors can expect the import price and Empire State indexes. In addition, industrial production and capacity utilizations data are due out.

All economic dates listed here are tentative and subject to change.

Chinese tech concern Alibaba Group Holding Ltd (NYSE:BABA) is down 1.4% at $164.21 this morning, struggling after a Financial Times report claimed the Chinese government is looking to put a halt to Jack Ma's Ant Group's payments company, Alipay.

BABA has not fared well on the charts since hitting its Oct. 27 record high of $319.32, now down 28.6% for 2021. Overhead pressure from the 30-day moving average has also been a factor in the stock's downtrend, as well as the long-term weight of the chip shortage and the Chinese government's broader crackdown of tech.

Despite its run lower, analysts remain heavily optimistic towards the security. Heading into today, 14 of the 15 covering firms boast a "strong buy" recommendation for BABA.

Similarly, options traders seem optimistic, with calls popular. Specifically, BABA's 10-day put/call volume ratio of 3.06 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) stands higher than 75% of readings in its annual range.