eToro slides on US expansion plans as 70% crypto activity slowdown clouds estimate beat

AI Summary eToro (NASDAQ: ETOR) beat Wall Street expectations for its business when it reported $53 million in Q2 net income as markets opened on Tuesday. The trading platform announced that it had reached a $231 million deal to acquire the US brokerage TradeZero in the same disclosure that also revealed a sharp drop in its crypto... fulltext: 324 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/etoro-beats-q2-estimates-buys-tradezero/ Source: CryptoPolitan