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Mmastodon TechnologyAI first seen 19 h ago, last 19 h ago, peak #2

Robinhood bets on AI trading bots that work overnight

Original: Robinhood's Next Big Bet: AI Bots That Trade While You Sleep https://www.wsj.com/finance/investing/robinhoods-next-big-b

Robinhood is planning its next major push into artificial intelligence, developing AI bots that could trade on users' behalf around the clock, according to a Wall Street Journal report. The move would extend the trading app beyond its retail investing roots into automated, always-on portfolio management, a space already contested by established robo-advisors and new AI-driven entrants.

Why now: The report highlights Robinhood's push to keep growing after retail trading activity slowed, and AI automation is currently the most closely watched theme in finance.

RobinhoodWall Street Journal

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