Robinhood Rides Crypto Surge, Bitstamp Deal to Nearly $1B Revenue
Robinhood Markets on Wednesday (July 30) delivered second-quarter 2025 results that reveal a company pivoting sharply from its roots in commission-free retail trading toward a diversified, multilane f...
Investment Banks Expect IPOs to Pick Up in Second Half
Investment banks Evercore and Stifel Financial reportedly expect initial public offerings (IPOs) to pick up in the second half.
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Both banks’ executives said during earnings...
Kraken Accelerates Crypto Platform Expansion as Revenue Leaps 18%
Crypto platform Kraken said Wednesday (July 30) that it accelerated the building of its offerings in the second quarter and is focused on doing the same through the remainder of the year.
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Economy Rebounds on Import Drop and Consumer Spending Strength
A drop in imports and a pickup in consumer spending led real gross domestic product (GDP) to return to growth in the second quarter, according to the Bureau of Economic Analysis (BEA) advance estimate...
