Everything tagged "capital markets" across research, earnings, and macro.
5 articles
Futu delivered 68.1% revenue growth, 108.0% net income growth, and 65.9% client-asset growth in 2025 while trading at a modest earnings multiple. The report argues the stock still looks attractive thanks to strong cash generation, expanding margins, and continued moomoo-led international growth.
IREN is shifting from Bitcoin mining to contract-backed AI infrastructure, with ARR scaling rapidly and major hyperscaler deals underpinning the thesis. The stock offers upside, but execution risk and a stretched valuation keep it from being a low-risk story.
Circle is scaling USDC fast, with circulation up 72% to $75.3B and Q4 onchain volume up 247% YoY, but the stock already reflects a premium multiple. The report supports a Buy, yet warns that execution, rates, and regulation leave little room for error.
Robinhood has evolved into a broader financial platform with strong earnings, rapid customer growth, and expanding recurring revenue. The stock looks attractive on fundamentals, but its premium valuation keeps the upside more measured than the business momentum suggests.
Charles Schwab is a scaled wealth and brokerage platform with strong client asset growth, improving earnings momentum, and multiple ways to monetize its franchise. The stock looks attractive for moderate-risk investors seeking quality growth at a fair price.
Generate AI research on any ticker — grades, price targets, and full analysis in minutes.
Open the Generator