Thursday, August 20
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Crypto Webull's record quarter shows retail traders want options, not cryptoTech Micron's $50 billion bet is turning Boise into a chip townCompanies Alibaba's profit falls 75% as it spends its way into the AI raceMarkets Oil tops $93 as the US-Iran ceasefire lapses and the pressure campaign hardensTech AI-made goods are flooding online marketplaces. Buyers are shruggingCompanies The states' case against Meta puts a $1.4 trillion theory on trialCompanies Hyundai's next flagship is electric: the Genesis GV90 arrives with coach doorsMarkets Nebius raises an upsized $5 billion in convertibles to feed the AI build-outCrypto Webull's record quarter shows retail traders want options, not cryptoTech Micron's $50 billion bet is turning Boise into a chip townCompanies Alibaba's profit falls 75% as it spends its way into the AI raceMarkets Oil tops $93 as the US-Iran ceasefire lapses and the pressure campaign hardensTech AI-made goods are flooding online marketplaces. Buyers are shruggingCompanies The states' case against Meta puts a $1.4 trillion theory on trialCompanies Hyundai's next flagship is electric: the Genesis GV90 arrives with coach doorsMarkets Nebius raises an upsized $5 billion in convertibles to feed the AI build-out

Topic: crypto-revenue

A retail investor at a laptop
New Crypto
Thursday, 8/20, 08:04 AM

Webull's record quarter shows retail traders want options, not crypto

  • Webull posted record revenue of $198.8 million, up 51%, and swung to a $24.4 million profit, but crypto trading contributed only about 1% of the total a year after its US relaunch.
  • Combined with Robinhood's 38% drop in crypto revenue, the retail brokerage data points to a quiet truth: small traders are busy with options.

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