Bernstein lifts Robinhood target on tokenisation push
Bernstein has increased its price target for Robinhood, pointing to the company's growing focus on tokenised assets and prediction markets.
Bernstein has increased its price target for Robinhood, pointing to the company's growing focus on tokenised assets and prediction markets.
The US Securities and Exchange Commission has filed a lawsuit against Mining Automatic and its founder, accusing them of running an alleged US$22 million fraudulent crypto mining investment scheme.
Hut 8 and IREN shares rose after both companies announced new artificial intelligence infrastructure agreements.
Tether Gold (CRYPTO:XAUT) has been recognised as an accepted spot commodity within Abu Dhabi Global Market, expanding its use in the regulated financial centre.
Nigeria has introduced a new executive order aimed at closing regulatory gaps in the country's cryptocurrency sector.
Worldcoin (CRYPTO:WLD) gained after Grayscale Investments filed to launch a spot Worldcoin exchange-traded fund in the United States.
Imax CEO Richard Gelfond discusses the success of "The Odyssey" and the tech driving the company forward. "The Odyssey," the new movie from director Christopher Nolan, was the No. 1 film in the US and Canada over the weekend with $124.5 million in ticket sales.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Sally Bakewell, Carol Massar and Tim Stenovec.
Rebecca Venter, senior fixed income client portfolio manager at Vanguard, joins Scarlet Fu, Katie Greifeld, and Eric Balchunas on "Bloomberg ETF IQ." They discuss that according to Vanguard about 88% of Millennials and Gen Z prefer ETFs over mutual funds.
Jodi Love, lead portfolio manager of T. Rowe Price, joins Scarlet Fu, Katie Greifeld, and Eric Balchunas on "Bloomberg ETF IQ." They discussed T Rowe Price Small-Mid Cap ETF (ticker: TMSL).
Sam Huszczo, founder & CIO of SGH Wealth Management, joins Scarlet Fu, Katie Greifeld, and Eric Balchunas on "Bloomberg ETF IQ." They discuss retail investing, JPMorgan US Momentum Factor ETF (ticker: JMOM), leveraged ETFs, and the SpaceX IPO.
Rep. Mike Flood said House Republicans are prioritizing passage of a continuing resolution to fund the government through the election period, calling it essential to avoid a shutdown. He also backed the GOP's reconciliation push, arguing the package is a less expensive path than negotiating a larger bipartisan supplemental with Democrats. Flood defended funding for munitions and agriculture, said the defense number should be far lower than Trump's $1.5 trillion target, and framed farmer aid as a necessary response to weak commodity prices rather than a failure of tariff policy. He spoke with Kailey Leinz and Joe Mathieu on Balance of Power.