Webull Corporation Class A Ordinary Shares·Technology
Retail investors are broadening their exposure to the artificial intelligence trade, moving beyond the biggest chip stocks like Nvidia Corp. (NASDAQ:NVDA) and into the wider infrastructure powering the AI boom, according to Webull Corp. (NASDAQ:BULL) CEO Anthony Denier.
Webull Corporation (NASDAQ:BULL) shares are trading lower Friday after the company reported first-quarter earnings Thursday after the market closed. Here's a rundown of the report.
Webull NASDAQ: BULL reported first-quarter revenue growth of 36% year over year, as higher trading activity across equities, options and newer asset classes helped offset a more volatile market backdrop and heavier marketing spending.
Webull Corporation (BULL) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to a loss of $0.06 per share a year ago.
Webull Corp. (NASDAQ:BULL) stock tried to regain losses from the regular trading session after the company posted its first-quarter results following Thursday's closing bell.
Webull reports another strong quarter of growth, marked by record trading volumes and strong net deposits despite challenging market environment. Webull will continue to invest behind strategic priorities, including enhanced offerings for its active traders user base, international expansion to export the U.S. retail experience globally and continued adoption by institutional investors and B2B partners ST.
