Robinhood Markets, Inc. (NASDAQ:HOOD) Piper Sandler Global Exchange & Trading Conference Call June 5, 2025 10:00 AM ET Company Participants Steven M. Quirk - Chief Brokerage Officer Conference Call Participants Patrick Malcolm Moley - Piper Sandler & Co., Research Division Patrick Malcolm Moley Welcome back to the 2025 Global Exchange and Trading Conference. I'm Patrick Moley, senior research analyst covering the exchanges, brokers and trading companies. That was a nice little fireside we had with Thomas Pe ...

Robinhood Markets (HOOD) Conference June 05, 2025 10:00 AM ET Speaker0 Welcome back to the twenty twenty five Global Exchange and Trading Conference. I'm Patrick Molley, senior research analyst covering the exchanges, brokers, and trading companies. That was a nice little fireside we had with Thomas Pederfee and Rich there. But happy to be joined by another brokerage company, Robinhood. We have chief brokerage officer Steve Quirk here with us. Steve is a veteran in the brokerage industry, over thirty five y ...

Arthur J. Gallagher (AJG) Update / Briefing June 04, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to Arthur J. Gallagher and Company's Quarterly Investor Meeting with Management. Participants have been placed on a listen only mode. Your lines will be open for questions following the presentation. Today's call is being recorded. If you have any objections, you may disconnect at this time. Some of the comments made during this investor meeting, including answers given in response to questions, may co ...

随着老铺黄金、泡泡玛特等个股赚钱效应的持续发酵，大批新消费、人工智能和生物医药等领域的内地 企业纷纷谋求赴港IPO，并迅速催生了新一轮港股开户热潮。 值此风口，记者调查发现，2022年就被证监会认定为非法经营证券业务的跨境互联网券商老虎证券 （TIGR），目前依然在北京等地违规发展内地新客户、开立新账户，通过涉嫌伪造材料等手段，主动 帮助不符合条件的内地客户成功开户，并通过技术手段为新增客户获取其App留"后门"。 记者进一步调查还发现，老虎证券目前还在北京、上海、广州、深圳、杭州以及合肥等多地大量招聘工 作人员，包括但不限于证券经纪业务、投资银行业务和资产管理业务等券商前台岗位，以及人力、财 务、行政、技术、客服和运营等中后台岗位。 5月28日，记者就有关问题对老虎证券进行了书面采访，但截至发稿前尚未收到任何回应。 港股火爆催生跨境违规揽客生意 某80后炒股客告诉记者，经过朋友引荐，他通过微信与老虎证券的一位客户经理T（匿名处理）取得了 联系。在没有任何监管政策告知和风险揭示的情况下，T直接发给他老虎证券证券开户链接 （www.tigersecurities.com）及开户流程资料，并告知其"选择身份证开户 ...

今日，有媒体报道称，跨境互联网券商老虎正在通过伪造材料等手段，违规发展内地新客户。面对证券 时报记者的求证，老虎国际在相关声明中指出，"相关信息严重失实，纯属恶意诋毁，已严重侵害老虎 国际的品牌声誉与合法权益。对此，公司保留采取一切必要法律措施的权利，坚决捍卫自身正当权 益"。老虎国际创始人巫天华向记者表示，公司有严格的合规培训，文中描述的开户过程不可能是老虎 国际营销人员的个人行为。更何况，普通员工是没有权限知道投资者的开户证明文件是否通过的。(人 民财讯) ...

Group 1 - Albert Anthony is a Croatian-American media personality and analyst for financial media platforms Investing.com and Seeking Alpha, with over 1,000 followers since 2023 [1] - He has covered more than 200 companies across multiple sectors, focusing on dividend stocks [1] - Albert Anthony has experience as an analyst in the IT sector and was part of the IT team at a top 10 financial firm in the US [1] Group 2 - He holds a B.A. from Drew University and has completed coursework through the Corporate Finance Institute and Coursera [1] - A new book is planned for launch in 2025 on Amazon, discussing his methodology as an analyst and how he rates stocks [1] - The Albert Anthony brand is owned by Albert Anthony & Co., a sole proprietorship registered in Austin, Texas [1]

Investment Rating - The report maintains a Neutral rating for Futu Holdings since July 14, 2021 [10]. Core Insights - Futu reported a positive net profit growth in 1Q25, primarily due to better-than-expected cost savings and a reduction in client acquisition costs (CAC) [1]. - The management's guidance for 2025 indicates that CAC will remain high due to market volatility, despite the positive performance in 1Q25 [1][2]. - The guidance for paying user growth in 2025 is set at 800,000, reflecting a cautious outlook given the anticipated slowdown in new user growth starting from 2Q25 [2]. - A lower HIBOR rate is expected to negatively impact interest income growth, with management indicating that a 25 basis points rate cut could lead to a pre-tax profit decrease of HK$ 8-10 million per month [3]. - The report highlights the potential positive impact of stablecoin adoption, AI integration, and market expansion into regions like Japan and New Zealand on Futu's competitive edge [16]. Financial Estimates - The revenue estimates for 2025 have been slightly adjusted downwards by 1%, while net profit estimates have been revised upwards by 4% [17]. - The new target price for Futu is set at US$ 111.11, reflecting a 3% decrease from the previous target [17]. - The report projects total revenue for 2025 at HK$ 17,039.5 million, with net income expected to reach HK$ 6,600.1 million, indicating a growth rate of 21.5% [5][13]. Key Data - Futu's market capitalization is reported at US$ 15.0 billion [5]. - The company is positioned within the China Brokers & Asset Management sector, with a notable M&A rank of 3 [5]. - The report outlines a projected EPS of HK$ 47.74 for 2025, with a P/E ratio of 17.7 [10][5].

Group 1 - Aon plc will host its Investor Day on June 9, 2025, at 8:30 a.m. ET [1] - Aon's leadership will discuss the 3x3 Plan and how Aon United addresses complex client needs at the intersection of Risk Capital and Human Capital [1] - The focus will be on driving sustainable, profitable growth and shareholder value creation [1] Group 2 - A live webcast and materials will be available on Aon's Investor Relations website, with a replay accessible after the event [2] - Aon operates in over 120 countries, providing clients with actionable analytic insights and integrated expertise in Risk Capital and Human Capital [3]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of SelectQuote, Inc. due to allegations of materially misleading business information issued by the company [1] Group 1: Legal Actions and Investigations - SelectQuote is facing a class action lawsuit initiated by Rosen Law Firm, which seeks recovery of investor losses without any out-of-pocket fees for the shareholders [2] - The U.S. Department of Justice has charged SelectQuote in connection with a False Claims Act complaint against three national health insurance companies and three brokers, alleging unlawful kickbacks and discrimination against disabled Americans [3] - The allegations state that from 2016 to at least 2021, SelectQuote's associated insurers paid hundreds of millions of dollars in illegal kickbacks to brokers for enrollments into Medicare Advantage plans [3] Group 2: Market Impact - Following the announcement of the charges on May 1, 2025, SelectQuote's stock experienced a significant decline of 19.2% [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 [4] - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving SelectQuote, Inc. and its officers or directors [1] Group 1: Legal Issues - The U.S. Department of Justice filed a False Claims Act complaint against SelectQuote and other health insurance companies, alleging that from 2016 to 2021, they paid hundreds of millions of dollars in illegal kickbacks to brokers for enrollments in Medicare Advantage plans [3] - Following the DOJ's announcement, SelectQuote's stock price dropped by $0.61, or 19.24%, closing at $2.56 per share on May 1, 2025 [3] Group 2: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of over 85 years in fighting for victims of securities fraud and corporate misconduct [4]