Interactive Brokers Group A

X has rolled out a feature allowing U.S. users to trade Bitcoin and other cryptocurrencies by tapping asset tags (e.g. $BTC) and switching to partner platforms Interactive Brokers or Gemini. The move is described as the first step toward offering stock and crypto trading directly on X as part of Elon Musk's plan to build an "everything app" with banking features. X already provides real-time crypto prices and boasts about 245 million global users, with the platform influential in crypto discussions. » More on finance.yahoo.com

A $10,000 investment in Interactive Brokers at the end of September 2016 grew to about $110,000 by 2026, driven by a near tenfold share-price increase and reinvested dividends. Customer accounts expanded from 370,000 to 5.46 million and client equity rose from $82.7 billion to $962.8 billion, boosting net interest income from $527 million in 2016 to over $3.5 billion in 2025. The company exited options market-making and became a leaner, higher-margin business (pre-tax margin rose from 55% to 77%), while revenues increased from $1.4 billion to $6.2 billion. Management faces tougher comparables and a premium valuation, so equally rapid gains would require continued strong business growth rather than multiple expansion. » More on finance.yahoo.com

Interactive Brokers shares dropped about 5.5% intraday to $91.90 after being removed from Goldman’s “Director’s Cut” list and following a new UBS rating of neutral with a $102 price target. Additional pressure came from the dividend detachment, ongoing insider selling and a risk-off market environment that hit high-beta financial stocks especially hard. UBS praises the operational profile but sees limited upside due to high valuation, while the actions are more likely to prompt a short-term reassessment by institutional investors than to worsen the fundamentals. » More on de.investing.com