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subtl daily briefing
Good morning, finance and tech readers. It's a tale of two markets today: Robinhood is raking in record crypto volume but watching revenue evaporate, while Miro and Airtable are pouring billions into AI to stay ahead of the giants. And somewhere out there, a trader just turned $247 into pocket change in three hours.
In today's briefing
- 1.Robinhood's revenue vs volume paradox
- 2.Miro and Airtable's billion-dollar AI pivot
- 3.Crypto leverage horror story
- ⚡Quick hits on other news
Latest Developments
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Everything else in the news today
Miro's new AI suite includes a real-time whiteboarding assistant for remote teams.→
Airtable's enterprise plan now includes advanced automation and AI-driven database summaries.→
The altcoin in the trader's story was a newly listed meme token with no utility.→
Robinhood's record volume was largely driven by a surge in meme coin trading.→
The Defiant noted that global crypto liquidations exceeded $300 million in the last 24 hours.→
Both Miro and Airtable are reportedly planning to increase headcount in AI engineering roles.→