ERShares Private-Public Crossover ETF(XOVR.US)

Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports

Meta and EssilorLuxottica are considering doubling the production of their AI-powered smart glasses to 20 million units annually by year-end, driven by strong demand. The capacity could exceed 30 million units if market conditions allow. Currently, they are nearing a target of 10 million pairs by late 2026. Meta has paused international expansion of the Ray-Ban Display glasses due to supply shortages and is cutting over 1,000 jobs in its Reality Labs division, which has incurred over $60 billion in losses since 2020.

Interactive Brokers Group Reports 47% Surge in DARTs and 40% Growth in Client Equity for September 2025

Interactive Brokers Group Inc. reported a 47% increase in Daily Average Revenue Trades (DARTs) to 3.864 million and a 40% growth in client equity to $757.5 billion for September 2025. Margin loan balances rose 39% year-over-year to $77.3 billion, while client credit balances increased 33% to $154.8 billion. The number of client accounts grew by 32% to 4.127 million. The average cost of a U.S. Reg.-NMS stock trade for IBKR PRO clients was 2.9 basis points. Mark-to-market losses on U.S. governmental securities were $195,000 for the quarter.

Interactive Brokers Group Reports Q3 2025 Net Revenues of $1.66 Billion and Diluted EPS of $0.59

Interactive Brokers Group Inc. reported Q3 2025 net revenues of $1.66 billion, up from $1.37 billion year-over-year. Income before taxes rose to $1.31 billion, with a pretax profit margin of 79%. Customer accounts increased by 32% to 4.13 million, and customer equity grew by 40% to $757.5 billion. The Board declared a quarterly cash dividend of $0.08 per share, payable on December 12, 2025.

Interactive Brokers | 8-K: FY2025 Q3 Revenue: USD 1.655 B

Interactive Brokers Q3 profit beats expectations

Interactive Brokers reported Q3 revenue growth, surpassing analyst expectations with adjusted EPS of $0.57 against a consensus of $0.54. The company declared a quarterly cash dividend of $0.08 per share. Key drivers included a 23% increase in commission revenue from higher trading volumes and a 21% rise in net interest income due to stronger securities lending. The average analyst rating remains "buy" with a 12-month price target of $77.50, reflecting a positive outlook for the stock.