Author: Jordan

Key Takeaways: Robinhood posted $1.07B Q1 revenue, up 15%, but crypto revenue fell 47% to $134M. Robinhood assets jumped 39% to $307B, showing shift from crypto to equities/options. Robinhood expands Cortex AI and Ethereum L2 in 2026 to drive future growth. Crypto Weakness Reshapes Revenue Mix for Robinhood Robinhood Markets Inc. delivered a steady start to 2026, reporting higher revenue and user growth despite a sharp drop in crypto trading activity that once powered its expansion. The trading platform said first-quarter revenue rose 15% from a year earlier to $1.07 billion, while net income edged up 3% to $346 million.…

Renting has become cheaper than paying a mortgage for the first time since June 2025, research from Rightmove found.  Average advertised monthly rent in Great Britain stood at £1,547, while a new monthly mortgage payment came in at £1,670.  Rightmove based its mortgage figures on the current average asking price of £373,971, a 2-year fixed rate of 5.35% in April, with a 20% deposit and a 30-year term.  The research showed that building a larger deposit, borrowing less or spreading payments over a longer term can make mortgages more affordable. It revealed that Scotland and the North East were the…

●$NTT (9432.JP)$isMay 8 at 1 PMScheduled to announce financial results for the fiscal year ending March 2026.● The company plans by fiscal 2033to expand the scale of domestic data centers more than threefold compared to fiscal 2024.They are developing foundational AI technologies such as domestically produced large language models, optoelectronic converged communication, and quantum computing, aiming to transition into a high-tech stock.● In the earnings forecast for the fiscal year ending March 2027, to be announced during the earnings release,the operating profit forecast for NTT Data Group, which runs data center operations and AI support services, may reach a level…

An image collage containing 1 images, Image 1 shows Bill Ackman, founder and CEO of Pershing Square Capital Management, speakingBill Ackman‘s long-anticipated Wall Street debut flopped on Wednesday, as shares of his new closed-end fund tumbled 18% on the New York Stock Exchange despite the hedge-fund billionaire’s rampant following on social media.Pershing Square USA Ltd. (PSUS) — the flagship vehicle pitched as a way to hand hedge-fund-style returns to mom-and-pop investors — opened at $42 a share, down 16% from its IPO price of $50 — and drifted lower to close at $40.90.The IPO and an accompanying private placement had…

The cost of a typical new mortgage payment has overtaken the average rent, according to analysis by Rightmove. It has become cheaper to rent a home in Britain than to buy, following a sharp rise in mortgage rates since the war in Iran, new figures show. The cost of a typical new mortgage payment has overtaken the average rent for the first time since June last year, according to analysis by Rightmove. It found the average advertised monthly rent across Britain is currently £1,547. This was £123 lower than the average new monthly mortgage payment of £1,670. Rightmove’s mortgage figure…

  A coordinated attempt was made targeting multi-currency prepaid forex cards issued by Yes Bank in partnership with BookMyForex. Transactions were executed at about 15 merchants in a Latin American country.   Yes Bank’s monitoring systems detected an unusual spike in transactions. “While many attempts were blocked, about $280,000 (around ₹2.5 crore) was debited across 5,000 cards before containment,” says Rahul Sheth, vice-president, BUSINESSNEXT.   The exact vulnerability — whether it was a data leak or a third-party compromise — is being investigated by the bank and the Reserve Bank of India (RBI).   “Criminals obtain…

By A Staff Reporter,Kathmandu, Apr. 30: Nepal is set to mark a historic milestone in global mountaineering as it prepares to celebrate the Platinum Jubilee of the two famous mountains – Manaslu and Lhotse, commemorating 70 years since their first successful ascents in 1956. The celebrations, jointly organised by the Nepal Tourism Board (NTB) and the Nepal Mountaineering Association (NMA), will feature a series of events throughout 2026 aimed at honouring mountaineering history while promoting Nepal as a premier global tourism destination.The NTB informed at a press conference on Wednesday that 2026 marks seven decades since the historic ascents of both…

Buy-to-let remains viable for bigger operators, lenders say Adrian Moloney (pictured top, second from right), group lending distribution director at buy-to-let specialist Rely, said their own landlord research showed widespread cost increases, but also resilience among landlords. He said some had raised rents, some were absorbing costs, and others were seeking professional advice. “Our latest Landlord Leaders research underlines just how stretched the sector already is,” Moloney said. “Virtually all landlords (97%) have seen costs rise in the past year, yet a majority (62%) remain optimistic about operating in the sector.” The operational burden is also becoming more important. “The immediate…

Current Rating and Its Significance MarketsMOJO currently assigns Platinum Industries Ltd a ‘Sell’ rating, reflecting a cautious stance towards the stock. This rating suggests that investors should consider reducing their exposure or avoiding new purchases at this time, given the company’s present financial and market conditions. The ‘Sell’ grade is based on a comprehensive evaluation of four key parameters: Quality, Valuation, Financial Trend, and Technicals. Each of these factors contributes to the overall assessment of the stock’s investment appeal. Quality Assessment As of 27 April 2026, Platinum Industries Ltd holds an average quality grade. This indicates that while the company…

Despite the UK property management sector continuing to expand, increasing competition is placing downward pressure on revenue per firm.Coupled with rising demand for professional management services prompted by the Renters’ Rights Act, the squeeze on margins could place greater pressure on standards across the sector, according to property management solutions specialists, Rushbrook & Rathbone.The company analysed the number of operational businesses within the UK property management sector alongside estimated revenue per business, tracking how both have changed over time. It showed a 5.4% increase in the number of property management businesses in 2025, following a similar 5.1% rise in 2024.…