Artificial intelligence could revolutionize retail investing, says eToro CEO Yoni Assia. AI-powered tools and chatbots like Tori can emulate investing legends and provide insights on portfolios. Assia’s mission is to make investing accessible to all. eToro’s recent IPO raised $310 million but has since seen a 40% drop in share price.
eToro reported strong third-quarter results, with adjusted EPS beating expectations at $0.60 and net contribution rising 28% to $215 million. The company also announced a $150 million share repurchase plan, showing confidence in long-term growth. Assia emphasizes the importance of differentiating between trading and investing for success.
Read more at Yahoo Finance: eToro CEO Yoni Assia on how AI can level the trading playing field, create more Warren Buffetts
