Trading platform eToro beats profit estimates on robust market activity

By Prakhar Srivastava Feb 17 (Reuters) - Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday as strong capital market activity drove up trading income. U.S. equities had ‌an upbeat quarter as interest-rate cuts supported investor confidence, although volatility in crypto prompted some ‌market participants to be cautious. Bitcoin saw its biggest monthly drop since mid-2021 in November. Meanwhile, a heavy concentration of investments in ​select AI-linked stocks le ...