Retail brokerage stocks like Webull, Robinhood, and Coinbase rose sharply as Bitcoin surged to around $68,500, up 6% in 24 hours. Webull's shares climbed ahead of its Q2 earnings report, expected to show revenue growth despite a slight EPS dip. Robinhood is pushing U.S. regulators to approve tokenized stocks, aiming to modernize financial markets and expand ownership access. Coinbase benefited from the broader crypto rally and a friendlier regulatory environment, though its stock remains down year-to-date. Investors will watch Webull's earnings, regulatory developments on tokenization, and whether Bitcoin maintains its gains to gauge the fintech sector's momentum.
The U.S. Supreme Court has agreed to review Robinhood's attempt to block a lawsuit concerning the omission of interim financial data in its 2021 IPO. The 9th Circuit Court had revived the investor lawsuit after a lower court had dismissed it. This ca...
Robinhood reported October 2026 operating data with 28.9 million funded customers, up 7% year-over-year, and total platform assets of $383 billion, a 12% increase from last year but down 3% from September. Net deposits surged to $15.1 billion in Octo...
Stocks of crypto-related trading platforms Coinbase, Robinhood, and Webull declined following higher-than-expected inflation data that pushed Bitcoin prices lower. The Consumer Price Index rose 0.4% in October, increasing market expectations of a Fed...
