Hargreaves Lansdown, one of the UK’s largest retail investment platforms, has warned that bitcoin should not be treated as a core part of investment portfolios, even as it prepares to offer crypto products to its customers for the first time. In a statement posted on its website, the Bristol-based firm said bitcoin, despite its long-term…
Robinhood, the popular trading app, is preparing to announce its highest quarterly revenue in nearly three years, signaling a notable rebound in the stock markets and cryptocurrency trading. Rising bets on global interest rate cuts earlier this year boosted U.S. stocks and bitcoin to record highs, luring traders back into the market and boosting transaction-based…
Retail investors are buying stocks wholesale and driving up share prices, a dynamic that is spooking some veteran Wall Street analysts and observers. According to data released this week, Citigroup’s index of stocks most favored by individual investors, which includes SoFi Technologies, Riot Platforms and Facebook parent Meta, has risen 30% since the beginning of…
