Key events, in time order
Record net revenues, 77% pretax margin for 7th straight quarter, accounts up 33% YoY to 5.2M
Commissions rose 30% year-over-year to a new record; total net revenue and pre-tax income also reached records
Multiple sources confirm timing; Cantillon Capital cut stake by 11.9% ahead of print
Zacks upgrades IBKR to Strong Buy on earnings optimism, citing volatility and client activity supporting Q2 results
Zacks upgrades IBKR to Strong Buy today, corroborating recent analyst upgrades
Expands low-cost crypto access with nine additional tokens
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The user contrasts Robinhood ($HOOD) with traditional brokers like Interactive Brokers ($IBKR), characterizing $HOOD as a gambling app.
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