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Futu Announces Second Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-08-20 08:00
Core Viewpoint Futu Holdings Limited reported strong financial and operational growth in the second quarter of 2025, driven by an increase in funded accounts, trading volume, and client assets, alongside successful international expansion efforts. Financial Highlights - Total revenues reached HK$5,310.9 million (US$676.6 million), a 69.7% increase year-over-year from HK$3,129.0 million [5] - Net income surged by 112.7% to HK$2,572.6 million (US$327.7 million) compared to HK$1,209.3 million in the same quarter of 2024 [15] - Non-GAAP adjusted net income increased by 105.2% to HK$2,659.8 million (US$338.8 million) [16] - Total gross profit rose by 81.6% to HK$4,639.9 million (US$591.1 million), with a gross margin of 87.4% [10] Operational Highlights - Funded accounts grew to approximately 2.9 million, up 40.9% year-over-year and 7.6% quarter-over-quarter [3] - Total client assets reached a record high of HK$973.9 billion, an increase of 68.1% year-over-year [4] - Total trading volume for the quarter was HK$3.59 trillion, up 121.2% year-over-year [4] - The company added over 204 thousand new funded accounts during the quarter, a growth of 31.6% year-over-year [3] Market Expansion - Over half of the total funded accounts are now from clients outside of Futu Securities Hong Kong, marking a significant milestone in international expansion [3] - The company launched crypto trading in most U.S. states and became the official sponsor of the New York Mets, enhancing its brand presence in the U.S. [3] - In Japan, Futu hosted its inaugural offline investment event, MooFest Japan, attracting over 12 thousand investors [3] Client Engagement - The funded account quarterly retention rate remained above 98%, indicating strong client loyalty [3] - Total client assets in wealth management reached HK$163.2 billion, up 104.4% year-over-year [4]
Is It Worth Investing in Robinhood Markets (HOOD) Based on Wall Street's Bullish Views?
ZACKS· 2025-08-18 14:30
Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable, particularly for Robinhood Markets, Inc. (HOOD) [1][5][10] Group 1: Brokerage Recommendations - Robinhood Markets has an average brokerage recommendation (ABR) of 1.82, indicating a consensus between Strong Buy and Buy, based on 22 brokerage firms [2][14] - Out of the 22 recommendations, 13 are Strong Buy and 2 are Buy, accounting for 59.1% and 9.1% of all recommendations respectively [2] Group 2: Limitations of Brokerage Recommendations - Solely relying on brokerage recommendations for investment decisions may not be advisable, as studies show they often fail to guide investors effectively [5][10] - Analysts from brokerage firms tend to exhibit a strong positive bias due to vested interests, issuing five "Strong Buy" recommendations for every "Strong Sell" [6][10] Group 3: Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks from 1 (Strong Buy) to 5 (Strong Sell), is a more reliable indicator of near-term price performance, driven by earnings estimate revisions [8][11] - The Zacks Rank is updated more frequently than the ABR, reflecting timely changes in earnings estimates and business trends [12] Group 4: Earnings Estimates for Robinhood - The Zacks Consensus Estimate for Robinhood Markets has increased by 16.3% over the past month to $1.52, indicating growing optimism among analysts regarding the company's earnings prospects [13] - The recent change in consensus estimates, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Robinhood Markets, suggesting potential for stock appreciation [14]
美股异动|富途控股盘前涨超1% 中金料其Q2业绩超预期
Ge Long Hui· 2025-08-18 08:44
| FUTU 富途控股 | | | | --- | --- | --- | | 174.250 ↓ -0.500 -0.29% | | 收盘价 08/15 16:00 美东 | | 176.580 + 2.330 +1.34% | | 盘前价 08/18 04:16 美东 | | 二十 24 华 S Q 同 ♥自选 | | ● 快捷交易 | | 最高价 177.640 | 开盘价 177.080 | 成交量 149.12万 | | 最低价 172.990 | 昨收价 174.750 | 成交额 2.61亿 | | 平均价 174.878 | 市盈率 TM 28.99 | 总市值 242.6亿(m) | | 振 幅 2.66% | 市盈率(静) 34.78 | 总股本 1.39亿 | | 换手率 2.52% 市净率 6.229 | | 流通值 103.27亿 | | 52周最高 179.170 委 比 -95.12% | | 流通股 5926.58万 | | 52周最低 54.925 量 比 0.67 | | 電 手 1股 | | 历史最高 199.545 股息TTM -- | | | | 历史最低 7.972 ...
UP Fintech Holding Limited to Report Second Quarter 2025 Financial Results on August 27, 2025
Globenewswire· 2025-08-18 08:00
Group 1 - UP Fintech Holding Limited will report its financial results for the second quarter ended June 30, 2025, before the U.S. market opens on August 27, 2025 [1] - An earnings conference call will be held at 8:00 AM on August 27, 2025, U.S. Eastern Time [1] - Participants must preregister online to receive dial-in numbers for the conference call [2][3] Group 2 - Upon registration, participants will receive confirmation emails with dial-in numbers and personal PINs [4] - A live and archived webcast of the conference call will be available on the company's investor relations website [4] - UP Fintech is a leading online brokerage firm focusing on global investors, offering a mobile and online trading platform for equities and other financial instruments [5] Group 3 - The company employs a "mobile first" strategy to enhance user experience and attract new customers [5] - UP Fintech provides comprehensive brokerage and value-added services, including trade order placement, margin financing, and investor education [5] - The company's infrastructure supports trades across multiple currencies, markets, products, execution venues, and clearinghouses [5]
HOOD's July 2025 DARTs Jump: Is Product Suite Expansion Paying Off?
ZACKS· 2025-08-15 15:01
Core Insights - Robinhood Markets, Inc. (HOOD) reported significant year-over-year growth in Daily Average Revenue Trades (DARTs) for equity, options, and crypto in July 2025, with equity DARTs increasing by 29% to 2.7 million, options DARTs rising by 22% to 1.1 million, and crypto DARTs soaring by 133% to 0.7 million [1][11] Group 1: Financial Performance - Total platform assets reached $298 billion, a 106% increase year-over-year [6] - Net deposits amounted to $6.4 billion, up 52% from the previous year [6] - Funded customers grew to 26.7 million, reflecting a 10% increase from July 2024 [6] - Equity notional trading volumes were $209.1 billion, up 100% year-over-year [7] - Option contracts traded increased by 22% to 195.8 million [7] - Crypto notional trading volumes reached $16.8 billion, a 217% increase from the prior-year month [7] - Margin balances surged to $11.4 billion, up 111% year-over-year [8] - Total cash sweep balances were $33.6 billion, a 54% increase from July 2024 [8] - Total securities lending revenues grew by 190% to $61 million [8] Group 2: Strategic Initiatives - Robinhood has launched several initiatives to attract clients and enhance market share, including U.S. stock and ETF tokens for EU investors and Crypto Staking for eligible U.S. investors [3][4] - New product offerings include Robinhood Legend (desktop trading platform), Robinhood Strategies, Robinhood Banking, Robinhood Cortex, a prediction markets hub, and a credit card to expand consumer finance [4] - The company is focusing on rapid product innovation through vertical integration to expand its client base and improve transaction-based revenues, which have a five-year compound annual growth rate (CAGR) of 36.7% [5] Group 3: Competitive Landscape - Key competitors like Interactive Brokers (IBKR) and Tradeweb Markets Inc. (TW) are also enhancing their product offerings to challenge Robinhood's market position [9] - Interactive Brokers has launched the IBKR Lite plan in Singapore and expanded trading hours for various products, while Tradeweb is focusing on the electronification of bond markets and investing in blockchain technology [10][12]
Autonomix Medical, Inc. to Present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech
Globenewswire· 2025-08-15 13:00
Company Overview - Autonomix Medical, Inc. is a medical device company focused on advancing precision nerve-targeted treatments [3] - The company is developing a first-in-class platform system technology that includes a catheter-based microchip sensing array, which aims to detect and differentiate neural signals with greater sensitivity than current technologies [3] Technology and Applications - The initial focus of the technology is on treating pain, specifically targeting pancreatic cancer, which is known for causing debilitating pain and lacks reliable treatment options [4] - The technology has the potential to address a wide range of indications, including cardiology, hypertension, and chronic pain management, across various diseases [4] - The technology is currently investigational and has not yet received marketing clearance in the United States [4] Upcoming Events - Autonomix will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech, scheduled for August 19-21, 2025, with the presentation taking place on August 21, 2025, at 2:20 PM ET [1]
Nuwellis, Inc. to Present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech
Globenewswire· 2025-08-15 12:15
Company Overview - Nuwellis, Inc. is a medical technology company focused on fluid management solutions for critically ill patients [3] - The company is dedicated to transforming the lives of patients suffering from fluid overload through innovation and collaboration [3] - Nuwellis is headquartered in Minneapolis and has a wholly owned subsidiary in Ireland [3] Upcoming Event - Nuwellis will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech, held virtually from August 19-21, 2025 [1] - The presentation is scheduled for August 21, 2025, at 2:40 PM ET, and will be led by John Erb, President and CEO [1] - Registration for the event is available through a provided link [1] Industry Context - Webull Financial is a leading online brokerage platform that empowers self-directed investors with innovative tools and technology [2] - The platform offers low-cost trading on a wide range of assets and advanced charting tools, catering to millions of users globally [2] - Webull Financial is registered with the SEC and CFTC, and is a member of FINRA, NFA, and SIPC [2]
Navigating Volatility: VIPS, LRN, HSBC & FUTU Stocks Could Shine Now
ZACKS· 2025-08-14 14:56
Market Overview - The stock market is expected to remain volatile due to high stock prices relative to historical averages and uncertainties surrounding interest rate cuts and tariffs [1] - The Federal Reserve is uncertain about the impact of tariffs on inflation, which may affect the timing and magnitude of potential rate cuts [1] Investment Opportunities - Stocks such as Vipshop Holdings Limited (VIPS), Stride Inc. (LRN), HSBC (HSBC), and Futu Holdings Limited (FUTU) are highlighted as potential investment opportunities due to their growth strategies and resilience in uncertain market conditions [2][9] Stock Characteristics - Beta is used to measure the volatility of a stock compared to the market, with a beta of 1 indicating movement in line with the market, greater than 1 indicating higher volatility, and less than 1 indicating lower volatility [3][4] - A screening criterion for selecting stocks includes a beta between 0 and 0.6, ensuring lower volatility than the market, along with positive price movement over the last month, substantial trading volume, and a price of at least $5 [5][6] Company Insights - **Vipshop Holdings**: Utilizes a unique strategy called "Made for Vipshop," offering exclusive products from over 200 brands, which drives customer loyalty [7] - **Stride Inc.**: Focuses on innovative educational solutions and is well-positioned for long-term success due to increasing demand for school choice and tutoring services [10] - **HSBC**: Investing in growth areas by opening new wealth management centers in key locations and simplifying processes for small and medium-sized enterprises [11] - **Futu Holdings**: A tech-driven company enhancing online investing experiences with upgrades like the Futubull AI, which provides quick and accurate investment-related assistance [12]
AIM ImmunoTech to Present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech
Globenewswire· 2025-08-14 12:55
Company Overview - AIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics for various cancers, immune disorders, and viral diseases, including COVID-19 [3] - The company's lead product is Ampligen (rintatolimod), a first-in-class investigational drug that acts as a dsRNA and highly selective TLR3 agonist immuno-modulator with broad spectrum activity in clinical trials [3] Event Announcement - AIM ImmunoTech will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech, which will be held virtually from August 19-21, 2025 [1] - The presentation is scheduled for August 20, 2025, at 2:40 PM ET, and will be led by Thomas Equels, the Chief Executive Officer, President & Executive Vice Chairman of the company [1]
Robinhood Markets, Inc. Reports July 2025 Operating Data
Globenewswire· 2025-08-13 20:05
Core Insights - Robinhood Markets, Inc. reported significant growth in key operational metrics for July 2025, indicating a strong performance compared to previous months and the same period last year [1][3]. Customer Growth - Funded customers reached 26.7 million in July 2025, a 1% increase from June 2025 and a 10% increase year-over-year [2][3]. Asset Growth - Total platform assets grew to $298 billion, marking a 7% increase from June 2025 and a remarkable 106% increase year-over-year [2][3]. - Net deposits for July 2025 were $6.4 billion, reflecting a significant annualized growth rate of 28% compared to June 2025 [3]. Trading Activity - Equity trading volumes amounted to $209.1 billion, up 17% from June 2025 and 100% year-over-year [2][3]. - Options contracts traded reached 195.8 million, a 16% increase from June 2025 and a 22% increase year-over-year [2][3]. - Crypto trading volumes on the Robinhood app were $16.8 billion, a 110% increase from June 2025 and a 217% increase year-over-year [2][3]. Margin and Cash Sweep - Margin balances at the end of July were $11.4 billion, up 20% from June 2025 and 111% year-over-year [3]. - Total cash sweep balances were $33.6 billion, reflecting a 3% increase from June 2025 and a 54% increase year-over-year [3]. Revenue Generation - Total securities lending revenue for July was $61 million, a 13% increase from June 2025 and a substantial 190% increase year-over-year [2][3].