The brokerage enables autonomous AI agents to execute equity trades and credit card transactions under user-set limits. Robinhood will permit customers to use AI agents for automated stock trading and credit card purchases, the company announced. Users can create a separat
Costco (Nasdaq: COST) has been a paragon of consistency in the retail industry throughout its history, and it's established a wide economic moat thanks to its business model and track record of customer satisfaction. Costco will put that reputation on the line when it repo
Commerzbank’s Antje Praefcke highlights Riksbank member Per Jansson’s argument that weaker demand, higher policy rates and softer inflation allow Sweden to wait and see despite the Iran-related energy shock. She sees limited need for repricing, little downside for the Kron
Analysts project 39% upside for NVDA if data center growth and capex trends sustain despite valuation risks. Nvidia reported $81.6 billion in revenue, an 85% year-over-year increase, driven by $75.2 billion in data center sales and $14.8 billion in networking revenue. Shar
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A single dark pool trade offloaded $1.3 billion in IBIT shares, coinciding with a 2% drop in major crypto assets. A dark pool trader executed a $1.3 billion sale of IBIT shares in one transaction, contributing to a broader 2% decline in major cryptocurrencies, with BTC tra
Oil majors return $30-$50 billion annually Energy stocks are becoming a more attractive option for investors, with oil majors now returning $30-$50 billion annually through dividends and buybacks. This shift in strategy is a reversal from pre-2017, when management
Bath & Body Works reported first-quarter net sales of $1.38 billion on Wednesday, topping analyst expectations and sending its stock up 14% in premarket trading, according to Reuters. Adjusted earnings came in at 32 cents per share for the period ending May 2, surpassing t
PDD Holdings reported 106.2 billion yuan in Q1 revenue, missing analyst forecasts of 109.8 billion yuan. PDD Holdings saw its stock decline after first-quarter revenue reached 106.2 billion yuan ($15.65 billion), below the 109.8 billion yuan analysts expected. Adjusted ear
The quantum computing firm seeks a $13 billion listing as AI chip demand drives tech valuations to record highs. Quantinuum is eyeing a $13 billion valuation for its Nasdaq initial public offering, aiming to capitalize on surging investor interest in quantum computing and
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