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Broker News

Robinhood Sees Triple Crypto Revenue in Q1 2024

Robinhood’s first-quarter cryptocurrency revenue soared by 232% to $126 million despite potential regulatory hurdles. The company’s national crypto trading volume surged to $36 billion, a 224% increase. In the same period, Robinhood’s total quarterly revenue went up 40% year-over-year, hitting $618 million.  The surge was mainly due to a 59% increase in transaction-based revenue to …

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oil

Oil Jumps as Easing US Manufacturing Supports Rate Cut Hopes

On Tuesday, oil prices spiked following an unexpected decline in the US manufacturing sector, which may prompt the Federal Reserve to cut rates. The US West Texas Intermediate (WTI) crude futures for June delivery advanced 0.62% to $83.36 per barrel on April 23. Furthermore, market analysts predict a 0.17% gain to $83.50 a barrel for …

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xiaomi

Xiaomi Stock Surges as it Enters EV Race to Rival Tesla

On Thursday, Xiaomi stocks rose as the Chinese firm officially revealed its long-awaited electric vehicle (EV) Speed Ultra 7 (SU7) sedan to rival Tesla. On Friday, the Beijing-based smartphone company’s stock increased by 1.22% to HK$14.94 ($1.85) apiece. Meanwhile, Lei Jun, the founder and CEO of the third leading smartphone brand in China, announced that …

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Disney-Reliance Merger Secures Streaming Win, Cricket Rights

The merger between US media giant Walt Disney Co. and India’s largest conglomerate Reliance Industries Ltd. (RIL) is set to build a media powerhouse that would further the plans of RIL Chairman and Asia’s richest man Mukesh Ambani for streaming tech competency and valuable cricket rights. Disney announced on Wednesday that it would team up …

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AMD Hits Market Cap Milestone, Buoyed by Bullish Nvidia News

On Thursday, Advanced Micro Devices (AMD) surpassed $300.00 billion in valuation after Nvidia (NVDA) stock soared, sparking AI optimism. The Silicon Valley tech company’s stock jumped 9.06% to $192.53 per share on February 29. Moreover, industry watchers predict a 1.93% gain to $196.25 apiece in the coming market session. As a result, it closed the …

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Anyone can program with the help of AI

Indonesia Aims Further AI, Cloud Use to Improve Healthcare

Indonesian stakeholders in the healthcare sector see artificial intelligence (AI) as vital in creating health tech in the future, potentially allowing for quick obtainment of analytical results that can serve as a foundation for shaping public health policies. Agus Rachmanto, Deputy Chief of the Digital Transformation Office (DTO) at India’s Ministry of Health and Family …

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Crypto Ledger decides to make staff cuts

BTC and ETH Meteoric Rise Ignites the Crypto Renaissance

Key Points Bitcoin nears $47,000, indicating bullish sentiment. Ethereum eyes 50% rally to $3,500, driven by Dencun upgrade. Crypto market shows strong growth; Bitcoin crosses $44,000, altcoins gain. BlackRock’s IBIT Bitcoin ETF ranks top 5 globally, signifying investor confidence. Bitcoin’s recent ascent beyond the $44,000 resistance level, targeting $47,000, has captured market attention. This upward …

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