Browsing: Webull

Robinhood (NASDAQ: HOOD) is soaring as investors bet that prediction markets will meaningfully strengthen the online brokerage’s revenue growth. Its revenue increased by 32% year over year in the second quarter, and event contract sales were up by more than 10 -fold.

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Webull reports another strong quarter of growth, marked by record trading volumes, increased customer assets, and strong net deposits. Webull continues to invest in strategic priorities, including enhanced offerings for its active traders, international expansion, and building its institutional business.