Wu said that according to Reuters, Robinhood, a trading app, is expected to record its highest quarterly revenue in nearly three years, benefiting from a steady rebound in stock and cryptocurrency trading. Expectations of global interest rate cuts pushed U.S. stocks and Bitcoin to record highs earlier this year, attracting traders back to the market and helping the retail brokerage company earn more trading revenue. JPMorgan analysts said that Robinhood's core business saw a sharp rebound in stock, options and cryptocurrency trading volumes in the first quarter, with total trading volumes up nearly 20% year-on-year. Driven by strong retail trading activity, Robinhood's stock price soared 58% in the first three months of this year, the largest single-quarter gain since its listing.