Robinhood: A Broker Still Traded Like A Crypto Stock (NASDAQ:HOOD)

Profitability is proving to be just as strong a suit for the company as top-line expansion. According to the company’s second-quarter disclosures, profitability is not a problem for the brokerage, with adjusted EBITDA climbing significantly to reflect the company’s increasing operational efficiency and scalable business model. The latest financial metrics highlight a period where Robinhood…

Read More

Gold Traded at a Premium in India for the First Time in Three Months Amid Tightening Supply and Rising Festive Demand

Gold traded at a premium in India last week for the first time in three months, reflecting the combined effect of tightening supply and improving domestic demand. Dealers reported premiums as high as $7 an ounce over domestic spot prices, a sharp reversal from discounts in the $5-to-$6 range recorded the previous week. This shift…

Read More
Trending & Quick