Tarun Anand, KPMG’s Blockchain and Digital Asset Consultant, said stablecoins, real-world asset tokenization and decentralized physical infrastructure networks will be the key cryptocurrency narratives to watch out for in the next few years.
Shares of financial services company Robinhood (NASDAQ:HOOD)
fell 5.3% in the afternoon session after the company wasn't added to the S&P 500 Index following the quarterly rebalancing.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 7% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000.
Cathie Wood's Ark Invest made a blockbuster purchase of Circle Internet Group (NYSE:CRCL) shares on Thursday, marking a significant move in the evolving digital assets landscape.
Robinhood Markets Inc (NASDAQ:HOOD) shares are moving higher Thursday after the company provided an update on operating metrics for May in connection with a conference presentation.
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
U.S. stock markets ended the day in the green, with the Nasdaq climbing more than 150 points, up 0.8% to 19,398.86. The S&P 500 advanced 0.58% to finish at 5,970.37, while the Dow Jones Industrial Average added 0.5%, closing at 42,519.64.
Shares of financial services company Robinhood (NASDAQ:HOOD)
jumped 6.3% in the afternoon session after stocks edged higher (Nasdaq +0.9%, S&P +0.6%) while momentum in the crypto space picked up amid concerns the proposed spending bill (One Big Beautiful Bill) would raise the already bloated US fiscal deficit, making it difficult to keep inflation under control.
