logo
#

Latest news with #CopyTrader

EToro leverages AI to redefine social investing
EToro leverages AI to redefine social investing

Zawya

time3 days ago

  • Business
  • Zawya

EToro leverages AI to redefine social investing

Open-garden marketplace will allow users to build, publish and access customized tools. AI Companion, Tori, answering questions, surfacing personalized insights and guiding users. Alpha portfolios tapping into eToro's proprietary retail trading data. Community-powered innovation exemplified by acquisition of BullAware. Dubai, United Arab Emirates: eToro Group Ltd. ('eToro', or the 'Company') (NASDAQ: ETOR), the trading and investing platform, announced today how the company is harnessing artificial intelligence to redefine social investing. Yoni Assia, eToro's Co-founder and CEO, commented: 'There's been a lot of talk about how AI will reshape investing. It's not just speculation—it's already happening. At eToro, we're not waiting for the future to arrive. We're building it. 'Market data in the palm of your hand and AI-agents that enlighten you with the most relevant and accurate insights tailored to your portfolio and needs. The ability to build tools that help you outperform the markets and invite others to use them.' API Tools Powering the Creation of a Marketplace eToro is launching a suite of AI-tools that will transform social investing by creating a community-built marketplace for investing built on top of eToro's new public API. This marks a significant leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI powered capabilities previously only accessible to quantitative hedge funds. The suite of AI-tools will initially be available to eToro's Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro's patented CopyTrader technology. 'This is about more than just AI-generated insights,' continued Yoni Assia. 'With these tools we're not just democratizing access to markets and data, we're democratizing innovation itself. Our community is at the heart of everything we do and we are proud to enable them to build AI-powered tools that combine social trading features with advanced charting and execution capabilities, offering an AI powered experience. We're enabling our Popular Investors to innovate like top quantitative hedge funds and scale their impact within the eToro ecosystem.' Popular Investors will have access to a range of AI-powered tools including an eToro MCP (Model Context Protocol), agent-based services and customizable apps and dashboards. These tools offer seamless access to eToro's trading infrastructure and data, allowing Popular Investors to build tools for themselves and the eToro community. These tools can combine social trading features with advanced charting and execution capabilities. The key capabilities which will be deployed include the ability to: Develop bespoke trading algorithms and automate strategies. Automate trade execution: AI-driven algorithms to execute trades with precision, minimizing latency and maximizing efficiency. Integrate real-time market data and third-party tools, including backtesting and advanced analytics, to identify trends and opportunities across stocks, crypto, and ETFs, in order to build investment strategies. Personalize portfolio optimization: Tailored recommendations based on risk profiles, market conditions, and user behavior. Create personalized dashboards for monitoring portfolios and market activity including sophisticated risk management tools, powered by AI including Value-at-Risk (VaR) analysis and portfolio stress testing. Interact with eToro's social feed via customizable boiler plates e.g. rich media posts. 'We are unleashing the true potential of social investing. eToro becomes an open-garden marketplace built on top of eToro's new public API enabling users to build, publish and access customized tools.' comments Yoni Assia. Launch of Tori - eToro's AI Companion eToro's focus on AI-empowerment, includes the launch of Tori, eToro's next-gen AI companion. Tori is a powerful AI assistant transforming how users interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment - all through natural conversation. 'Harnessing disruptive technology is in our DNA. From pioneering social investing, offering bitcoin from 2013, to deploying machine learning to build portfolios, we are committed to leveraging new technologies to the benefit of our users and our business. AI is already fundamentally rewriting the rules of what is possible. Within appropriate guardrails it can be a powerful tool to empower everyday investors to learn, invest and trade.' adds Yoni Assia. 'Tori, our AI companion, answers questions, surfaces personalized insights and guides users across the eToro platform. Tori underpins all of our innovations, and will evolve as our platform evolves, helping our users to get the most from eToro.' Alpha Portfolios eToro has launched seven Alpha Portfolios as part of our Smart Portfolio offering. These AI-powered strategies are built using advanced analysis of eToro's proprietary retail trading data to give eToro users access to exclusive quant-driven strategies typically used by hedge funds. 'Strategies like these have traditionally been out of reach for ordinary investors, as they normally come with high entry barriers, costly management fees, restrictive lock-up periods and less transparency in terms of asset allocation,' said Yoni Assia. 'Our Alpha Portfolios combine AI with one of the largest retail trading datasets in the world to provide real, actionable value to retail investors. They demonstrate our commitment to harness AI for the benefit of our community.' Community-Powered Innovation Following the successful acquisition of portfolio management provider Bullsheet in 2022, eToro has acquired BullAwa r e and will partner with its creator Mariano Pardo to embed key features within the eToro platform. BullAware was created to provide eToro users with tools and insights to enhance their investing experience. 'BullAware is a clear example of the talent within our ecosystem and demonstrates why we are so excited about the potential that our Marketplace has to offer. eToro is a global community powered by the collaboration between people and technology. We want to embrace innovation wherever we find it and look forward to working with Mariano to integrate BullAware into the eToro platform. We're confident that through our deployment of AI-enabled tools, we will see more examples of innovation and inspiration from our community.' concludes Yoni Assia. About eToro eToro is a trading and investing platform that empowers you to invest, shar e and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we've created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors.

EToro touts AI for social investing
EToro touts AI for social investing

Finextra

time07-08-2025

  • Business
  • Finextra

EToro touts AI for social investing

eToro Group Ltd. ('eToro', or the 'Company') (NASDAQ: ETOR), the trading and investing platform, announced today how the company is harnessing artificial intelligence to redefine social investing. 0 Yoni Assia, eToro's Co-founder and CEO, commented: 'There's been a lot of talk about how AI will reshape investing. It's not just speculation—it's already happening. At eToro, we're not waiting for the future to arrive. We're building it. 'Market data in the palm of your hand and AI-agents that enlighten you with the most relevant and accurate insights tailored to your portfolio and needs. The ability to build tools that help you outperform the markets and invite others to use them.' API Tools Powering the Creation of a Marketplace eToro is launching a suite of AI-tools that will transform social investing by creating a community-built marketplace for investing built on top of eToro's new public API. This marks a significant leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI powered capabilities previously only accessible to quantitative hedge funds. The suite of AI-tools will initially be available to eToro's Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro's patented CopyTrader technology. 'This is about more than just AI-generated insights,' continued Yoni Assia. 'With these tools we're not just democratizing access to markets and data, we're democratizing innovation itself. Our community is at the heart of everything we do and we are proud to enable them to build AI-powered tools that combine social trading features with advanced charting and execution capabilities, offering an AI powered experience. We're enabling our Popular Investors to innovate like top quantitative hedge funds and scale their impact within the eToro ecosystem.' Popular Investors will have access to a range of AI-powered tools including an eToro MCP (Model Context Protocol), agent-based services and customizable apps and dashboards. These tools offer seamless access to eToro's trading infrastructure and data, allowing Popular Investors to build tools for themselves and the eToro community. These tools can combine social trading features with advanced charting and execution capabilities. The key capabilities which will be deployed include the ability to: • Develop bespoke trading algorithms and automate strategies. • Automate trade execution: AI-driven algorithms to execute trades with precision, minimizing latency and maximizing efficiency. • Integrate real-time market data and third-party tools, including backtesting and advanced analytics, to identify trends and opportunities across stocks, crypto, and ETFs, in order to build investment strategies. • Personalize portfolio optimization: Tailored recommendations based on risk profiles, market conditions, and user behaviour. • Create personalized dashboards for monitoring portfolios and market activity including sophisticated risk management tools, powered by AI including Value-at-Risk (VaR) analysis and portfolio stress testing. • Interact with eToro's social feed via customizable boiler plates e.g. rich media posts. 'We are unleashing the true potential of social investing. eToro becomes an open-garden marketplace built on top of eToro's new public API enabling users to build, publish and access customized tools.' comments Yoni Assia. Launch of Tori - eToro's AI Companion eToro's focus on AI-empowerment, includes the launch of Tori, eToro's next-gen AI companion. Tori is a powerful AI assistant transforming how users interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment - all through natural conversation. 'Harnessing disruptive technology is in our DNA. From pioneering social investing, offering bitcoin from 2013, to deploying machine learning to build portfolios, we are committed to leveraging new technologies to the benefit of our users and our business. AI is already fundamentally rewriting the rules of what is possible. Within appropriate guardrails it can be a powerful tool to empower everyday investors to learn, invest and trade.' adds Yoni Assia. 'Tori, our AI companion, answers questions, surfaces personalized insights and guides users across the eToro platform. Tori underpins all of our innovations, and will evolve as our platform evolves, helping our users to get the most from eToro.' Alpha Portfolios eToro has launched seven Alpha Portfolios as part of our Smart Portfolio offering. These AI-powered strategies are built using advanced analysis of eToro's proprietary retail trading data to give eToro users access to exclusive quant-driven strategies typically used by hedge funds. 'Strategies like these have traditionally been out of reach for ordinary investors, as they normally come with high entry barriers, costly management fees, restrictive lock-up periods and less transparency in terms of asset allocation,' said Yoni Assia. 'Our Alpha Portfolios combine AI with one of the largest retail trading datasets in the world to provide real, actionable value to retail investors. They demonstrate our commitment to harness AI for the benefit of our community.' Community-Powered Innovation Following the successful acquisition of portfolio management provider Bullsheet in 2022, eToro has acquired BullAware and will partner with its creator Mariano Pardo to embed key features within the eToro platform. BullAware was created to provide eToro users with tools and insights to enhance their investing experience. 'BullAware is a clear example of the talent within our ecosystem and demonstrates why we are so excited about the potential that our Marketplace has to offer. eToro is a global community powered by the collaboration between people and technology. We want to embrace innovation wherever we find it and look forward to working with Mariano to integrate BullAware into the eToro platform. We're confident that through our deployment of AI-enabled tools, we will see more examples of innovation and inspiration from our community.' concludes Yoni Assia.

Wall Street loves this recent IPO with one analyst calling it the ‘social network trading platform'
Wall Street loves this recent IPO with one analyst calling it the ‘social network trading platform'

CNBC

time09-06-2025

  • Business
  • CNBC

Wall Street loves this recent IPO with one analyst calling it the ‘social network trading platform'

Wall Street is extremely bullish on stock trading platform eToro , with analysts estimating the stock could rise between 11% and 24% from here. Israel-based eToro went public on May 15 , with its initial public offering price at $52 per share, above the high end of its proposed range. The stock opened that day at $69.69, or 34% above its IPO, and closed up nearly 29% at $67 per share. Shares surged more than 5% on Monday to hit a fresh 52-week high. The overwhelming positive sentiment from Wall Street has rewarded the company's decision to go public after a lengthy dry spell for IPOs. "We felt that we're seeing the light at the end of the tunnel of the correction in the markets," CEO Yoni Assia said in an interview with CNBC. Here's what analysts at some of the biggest shops on Wall Street had to say on the IPO. Goldman Sachs initiates coverage at buy rating and 12-month price target of $76 per share Analyst James Yaro's target implies nearly 11% upside from eToro's Friday closing price of $68.70 per share. "We see ETOR as an attractive market share gain story in the fragmented European retail brokerage market, driven by a differentiated offering vs. peers, in terms of: 1) its geographic and product breadth (a pan-European client base that can trade global unlevered and levered equities, currencies, commodities, and crypto); 2) a tech-enabled offering; and 3) CopyTrader, which is both a loss mitigation tool, and a tool to facilitate social trading, which many younger investors want — these combined factors have driven ~5.5pp of share gains since 2019." Canaccord Genuity initiates coverage at buy rating, $78 per share price target Canaccord Genuity's target calls for almost 14% upside going forward. "We view eToro as a clear share gainer in retail trading/investing. We also believe the short to medium term here is ripe with catalysts, including a big push into the US market, and the potential for crypto to move more towards becoming a mainstream asset class." Needham initiates coverage of eToro as a buy, sets price target of $80 per share The investment firm called eToro "the social network trading platform," while its price target is 16% above the stock's Friday closing price. "We believe eToro's strength is in its 'social trading aspect' which is driving higher monetization per funded account. We see an opportunity to grow funded accounts by converting registered users, and through new expansion opportunities in Asia and U.S." Jefferies sets buy rating, $80 per share price target "eToro is well-positioned to benefit from the growing adoption of retail investing globally. With leading retail market share in markets like the EU and UK, combined with a differentiated product offering and distinguished brand, we believe eToro is uniquely positioned to continue to grow its account base organically at +10% y/y." Mizuho initiates coverage at outperform rating and $80 per share price target "With 3.5mn funded accounts across a global footprint of 75 countries, ETOR focuses on disrupting legacy institutions both globally and in the U.S. by providing both investing tools and learning resources. Key medium-term catalysts include: growing retail participation in Europe (~70% of ETOR revenue); Gen Z is beginning to trade earlier in life than prior generations and has an affinity for viral social trading apps like ETOR; a pending, estimated $80tn generational wealth transfer; and opportunity to grow in the U.S. and Asia, where retail trading is popular. ETOR enjoys several key competitive advantages. It has a set of viral features like social trading (use of influences), copy trading (mimics successful investor portfolios), and AI-driven smart portfolios offering retail investors thematic/strategy-based trading." TD Cowen initiates coverage at buy rating, $80 price target "We see ETOR as an attractive play on the global rise of retail and crypto adoption, strong [revenue per user], ad spend [return on investment] + client [margin on client assets] metrics. While low float may make ETOR bumpy, we see favorable catalysts ahead." Cantor Fitzgerald initiates coverage at overweight and price target of $84 per share Analyst Brett Knoblauch's target equates to 22% upside. "We have ETOR trading at 26.5x 2025 P/E, which we believe is a reasonable entry point for a business that we believe can compound earnings at a 15% [compound annual growth rate] over the next two years, with the potential for upside coming from our relatively conservative revenue growth expectations (8.8% CAGR). Combining ETOR's valuation, numerous growth vectors (new markets, greater market share, generational wealth transfer, and new products), we believe risk/reward at current levels to be favorable." Citizens sets market outperform rating and $85 per share price target "The company is scaling its core offerings and exploring new financial services through organic growth and potential M & A. With a compelling valuation and untapped market opportunities, we believe eToro is well-positioned to capture share of the expanding retail investing market." — CNBC's Michael Bloom contributed to this report.

eToro initiated with a Buy at Goldman Sachs
eToro initiated with a Buy at Goldman Sachs

Business Insider

time09-06-2025

  • Business
  • Business Insider

eToro initiated with a Buy at Goldman Sachs

Goldman Sachs analyst James Yaro initiated coverage of eToro (ETOR) with a Buy rating and $76 price target implying 21% upside. The firm sees eToro as an attractive market share gain story in the 'fragmented' European retail brokerage market. The company has a 'differentiated' offering verses peers, in terms of geographic and product breadth, the analyst tells investors in a research note. Goldman believes CopyTrader is both a loss mitigation tool and a tool to facilitate social trading, 'which many younger investors want.' Confident Investing Starts Here:

Xi Has 'Bowed To Reality,' Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: 'No Substitute For Direct Negotiations With Trump'
Xi Has 'Bowed To Reality,' Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: 'No Substitute For Direct Negotiations With Trump'

Yahoo

time07-06-2025

  • Business
  • Yahoo

Xi Has 'Bowed To Reality,' Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: 'No Substitute For Direct Negotiations With Trump'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. As U.S. President Donald Trump and Chinese President Xi Jinping break the ice with a phone call after months of silence, analysts weigh in on what's in store for the U.S.-China trade. What Happened: The U.S. and China have been at odds over trade for a considerable period. The call signifies some advancement in establishing ground rules for a potential meeting. Jeremy Chan, Senior China Analyst at the Eurasia Group consultancy, stated that this communication suggests a level of respect from President Trump towards President Xi, reported The South China Morning Post. Trending: Start investing with eToro's CopyTrader — . However, analysts have noted that more than optimistic statements are required to resolve the deeply rooted trade differences between the two nations. Chan further noted that Xi typically consents to meetings with foreign leaders only after substantial groundwork has been laid through lower-level diplomatic efforts. "Xi has bowed to reality, like so many other foreign leaders before him, that there is no substitute for direct negotiations with Trump," stated Chan, who is also a former U.S. diplomat. On the other hand, ASPI's Wendy Cutler highlighted the complexity of the upcoming trade talks and the challenges. "The likelihood of further misunderstandings, coupled with a fundamental lack of trust, will present enormous challenges for the negotiators as they try to hammer out a deal," cautioned It Matters: This phone call comes in the wake of escalating trade tensions between the two countries. On Thursday, U.S. stocks dipped following reports of a phone call between Presidents Donald Trump and Xi Jinping, signaling a possible thaw in China trade tensions. The outreach was said to have come from the U.S. side, as per CNBC, citing Chinese state media. Earlier in May, President Trump had expressed his willingness to travel to China to meet with President Xi Jinping, emphasizing the importance of the U.S.-China relationship. In early May, the South China Morning Post reported that the U.S. and China are struggling to resume trade talks. China suggested using special envoys, but the U.S. prefers direct talks between Trump and Xi—a move China considers 'risky and uncertain.' This latest phone call could be seen as a step towards that potential meeting, and a move towards resolving the trade disputes. Baidu Inc (NASDAQ:BIDU) and Alibaba Group Holding Ltd – ADR (NYSE:BABA) climbed 1.13% and 0.43%, respectively, on Thursday. Meanwhile, Inc. (NASDAQ:JD) declined 0.72% Read Next: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Image via Shutterstock This article Xi Has 'Bowed To Reality,' Says China Analyst, Urges More Engagement Between Leaders To Resolve Trade Issues: 'No Substitute For Direct Negotiations With Trump' originally appeared on

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store