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Robinhood Markets on Wednesday (July 30) delivered second-quarter 2025 results that reveal a company pivoting sharply from its roots in commission-free retail trading toward a diversified, multilane financial platform.
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The company’s Q2 2025 earnings showed a 45% year-over-year revenue surge to $989 million and a doubling of diluted earnings per share to $0.42.
“We...
The White House said Wednesday (July 30) that several healthcare and tech companies pledged to begin building a “next-generation digital health ecosystem.”
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This initiative will begin by working to make it easier to share information between patients and providers and to increase the availability of tools like apps that will provide patients with information and...
A bipartisan bill to establish regulatory sandboxes for artificial intelligence (AI) experimentation in financial services took center stage at a Senate subcommittee hearing Wednesday (July 30), as lawmakers weighed how to balance AI-driven innovation with oversight.
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Sen. Mike Rounds (R-S.D.), who chairs the Senate Subcommittee on Securities, Insurance, and Investment,...
On Wednesday (July 30), the White House released its long-awaited report on digital asset policy, marking one of the most concerted federal efforts yet to bring structure to the cryptocurrency sector.
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The report, developed over the past 180 days under Executive Order 14178, comes amid ongoing market volatility, legislative momentum on Capitol Hill and growing...
Investment banks Evercore and Stifel Financial reportedly expect initial public offerings (IPOs) to pick up in the second half.
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Both banks’ executives said during earnings calls held Wednesday (July 30) that heightened activity in the markets could be driven by a reduction in volatility and an easing of regulations by the White House, Bloomberg reported Wednesday....
Crypto platform Kraken said Wednesday (July 30) that it accelerated the building of its offerings in the second quarter and is focused on doing the same through the remainder of the year.
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“Kraken is in build mode,” the firm said in its second quarter financial highlights released Wednesday. “We are creating a multi-asset platform that enables anyone to trade anything,...
A drop in imports and a pickup in consumer spending led real gross domestic product (GDP) to return to growth in the second quarter, according to the Bureau of Economic Analysis (BEA) advance estimate for the second quarter released Wednesday (July 30).
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Real GDP grew at an annualized rate of 3% during the quarter, marking a rebound from the 0.5% contraction recorded in...
Western Union is joining forces with two African FinTechs to provide international money transfer services.
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The collaboration, announced Wednesday (July 30), will see Western Union work with Zambia’s Zoona Transactions and its parent company Chipper Cash, letting customers in Zambia send and receive money around the world.
“Zambia’s digitally savvy population of over 20...
Amazon is reportedly taking steps to block other companies’ artificial intelligence shopping tools from its website.
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The eCommerce giant updated the code on its site to include language that keeps out new AI agents from Google, The Information reported Wednesday (July 30).
Amazon has taken similar precautions with bots from companies like Perplexity, Anthropic and...
Chase is working with the Independent Restaurant Coalition (IRC) to provide support for American restaurateurs.
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The partnership, announced Wednesday (July 30), includes $4 million in grants to be awarded to independent restaurants and bars around the country this year.
This includes $1 million for independent restaurants and bars “that use innovative business practices...