Robinhood surged on an upgrade ahead of its annual meeting Wednesday. One analyst says consensus estimates are "much too low."
Investing.com -- Robinhood's path ahead for per-share income growth is "durable" thanks in part to solid net deposits, "significant" operating leverage and "strong" free cash flow generation, according to analysts at Wolfe Research.
Cryptocurrency News: Cryptocurrency prices fell Monday as bitcoin dropped to a new June low. Meanwhile, JPMorgan on Monday noted that bitcoin miners are seeing greater interest from investors for artificial intelligence purposes. The Securities and Exchange Commission on May 23 approved 19b-4 forms for eight ether ETF applications, paving the way for spot ethereum ETFs to launch later this year.