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Robinhood Surges on Crypto Boom
5 articles I'm watching carefully
Tyler Dupont
February 14, 2025
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Tyler Dupont  Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Robinhood Surges on Crypto Boom
Robinhood (HOOD) stock jumped 15.3% pre-market after Q4 earnings crushed expectations. Crypto trading revenue soared 700% YoY, while options and equities rose 144% and 83%, respectively. Net income spiked tenfold to $916M, and EPS more than tripled. Management aims to expand crypto offerings and grow internationally.
Tempus AI Hits Record High on Cancer Research Deal
Tempus AI (TEM) surged nearly 15% to $84.85, hitting an intraday high of $86, after announcing a partnership with the Institute for Follicular Lymphoma Innovation. Its Lens platform will drive AI insights for targeted therapies. Shares have doubled since IPO and are up 50% this month.
S&P 500 Climbs as Dollar Slips on Tariff Delay
The S&P 500 rose 1% as tech stocks rallied and the dollar weakened following Trump's decision to delay reciprocal tariffs. Treasury yields dropped, and traders largely shrugged off hot inflation data, focusing instead on a potentially softer PCE index. Goldman Sachs warned of an impending bearish turn as dip-buying demand fades.
🪙 Crypto
Trump's Crypto Push Sparks Bitcoin Balance Sheet Debate
The Trump administration's crypto-friendly stance is fueling speculation that corporate treasuries may adopt bitcoin. While firms like MicroStrategy and Tesla already hold BTC, broader adoption remains limited due to volatility and regulatory uncertainty. With $3.5T in corporate cash reserves, advocates argue bitcoin could hedge inflation, but CFOs remain skeptical.
🌎 Global Economy
Global Shifts and AI Dominate WGS 2025
At the World Government Summit 2025, leaders highlighted AI's role in reshaping economies, with IMF’s Georgieva noting divergence in economic resilience and AI adoption. Discussions emphasized AI-driven workforce shifts, cost reductions, and global governance challenges. Industry leaders stressed AI regulation's impact on open-source innovation and economic alliances.
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