Asset Management

Digital assets bounced on Monday, with the Ether ETF ETHA up about 3.2% and the iShares Bitcoin Trust IBIT up about 1.4%, in what one market summary described as a return of risk appetite. The rally follows recent reports that Riot Platforms sold bitcoin to fund its shift toward AI data centers, part of a wider trend of miners redirecting power capacity toward computing demand. Strategy also reported buying another 250 bitcoin. Crypto remains volatile and sensitive to interes

Robinhood shares climbed more than 4% Thursday after the broker unveiled new AI-driven trading tools, adding another leg to a growth story that already spans funds, crypto, and tokenization. The stock has been one of the year's stronger fintech performers as product launches keep stacking. The company also priced Robinhood Ventures Fund II, an 8-million-share IPO at $25 that creates a $225.5 million vehicle focused on early-stage private companies — extending retail investors

Robinhood Markets rolled out no-fee cryptocurrency trading in the United Kingdom this week, giving British customers direct access to more than 50 digital assets through the company's Bitstamp UK subsidiary. The launch marks one of the broader international expansions Robinhood has attempted since acquiring the exchange, and extends a business line that has been a meaningful contributor to trading revenue at home. The move landed alongside the market debut of Robinhood Ventur

Robinhood Ventures Fund II, the second closed-end fund from Robinhood's venture arm, is set to begin trading on the New York Stock Exchange Thursday under the ticker RVII. The listing extends Robinhood's push to give retail investors access to pre-IPO private companies, following the launch of its first ventures fund. The debut comes on the heels of a strong second quarter for the brokerage. Robinhood reported adjusted earnings of $0.62 per share, beating estimates, as revenu

Bank of America raised its price target on Robinhood Markets to $140 from $132 and maintained a Buy rating, citing momentum after the brokerage's strong second quarter. Robinhood reported revenue of $1.3 billion, up 32% year over year, driven largely by a tenfold surge in prediction-markets revenue, with earnings of $0.62 per share topping estimates. The company is also preparing to take Robinhood Ventures Fund II public in mid-August, expanding its push to give retail invest