UP Fintech is clearly mispriced: at about 4.3 times EV to owner free cash flow, the market prices in zero growth after an outstanding 2025. Revenue rose 56% to $612 million, net income jumped 181% to $171 million for a 28% margin, and cash doubled to $793 million. A risk is that management holds net cash near 60% of enterprise value without a clear capital allocation plan. x.com  x.com 

UP Fintech is cheap, and online brokerage is a business model that works well worldwide and continues to enjoy tailwinds. x.com 

Futu and UP Fintech's Tiger Brokers face a regulatory threat to their core mainland Chinese business. China's CSRC and seven other government departments launched a crackdown on illegal cross-border securities, futures and fund business, opening investigations and issuing advance penalty notices against Futu, Tiger Brokers and Longbridge. They are accused of providing brokerage, margin financing, fund sales and futures services to mainland investors without approval. x.com 

SoFi looks set for a breakout toward $23-25 in short order: price has broken its downtrend and reclaimed the daily cloud and the key 0.5 Fibonacci level after a textbook double bottom. The CEO buying shares and effectively going all in reinforces the setup. Financials and banks in general look incredible right now. x.com  x.com 

Webull's earnings show the operating leverage of a possible baby Robinhood: revenue rose 51% while operating expenses grew just 13%. If the bull market keeps drawing in more retail investors, platforms like Webull should keep succeeding, though whether it can sustain the trajectory remains to be seen. A retest under $8 would be the ideal buy zone, but it cannot be counted on, and holding at current levels looks fine. x.com