AI excitement on Wall Street is not just about chip stocks. If trading volumes and investor interest stay elevated, the companies that run US market infrastructure, clearing, and trading venues sit close to the action. For investors who do not want to ignore that link, this creates a timely story. This article walks through three stocks that appear well placed to benefit from the current news driven setup.

The stocks covered below are just a sample, and the full screen surfaced 30 more US market infrastructure and trading venue companies with equally compelling stories that are not in this article. To identify and analyze your own highest conviction ideas in this space, head straight into the US Market Infrastructure and Trading Venues screener.

Webull (BULL)

Webull is a global digital investment platform that lets retail investors trade stocks and other securities, access market data, and use social and educational tools across markets from the US to Asia and Europe. The company currently generates around $606.9 million in revenue from brokerage services. Its stock market value sits at around $4.4b, which puts it firmly in mid cap territory.

Investors looking at Webull today are really looking at a pure play on active retail trading and AI driven tools. The company is pushing into AI powered research, robo managed bond portfolios and an institutional offering, while still relying on a retail trader base that can be sensitive to market cycles and regulation. Analysts have highlighted revenue and earnings growth potential and a higher price target than where the stock trades today. However, recent losses, insider selling and a higher risk funding mix mean this is not a straightforward story. A key consideration is whether Webull’s global expansion and subscription products can turn today’s AI trading boom into a durable business model rather than a volume spike tied to current AI excitement.

Webull’s AI driven trading surge might only be half the story. Before you decide how it fits in your portfolio, walk through the 3 key rewards and 1 important warning sign that could flip the narrative on what really matters.

Build your own AI fueled trading shortlist

Webull and the other two stocks in this article all surfaced from a single Simply Wall St screener, but the real edge comes when you design your own filters. Use our customisable Screener to mix valuation, growth, balance sheet and risk metrics to suit your style, or jump straight into our curated Investing Ideas for ready made starting points.

Bitgo Holdings (BTGO)

Bitgo Holdings runs core digital asset infrastructure that helps institutions and other large clients store, trade, and move crypto and tokenized assets securely. The business currently generates about $20.1b in revenue from security software and services, and the stock’s market value sits near $674.4 million, which places it in small cap territory.

Bitgo Holdings sits at the crossroads of institutional crypto adoption and the broader AI supported risk appetite that is keeping trading and tokenization in focus. Clients are leaning on Bitgo for custody, settlement and yield products, yet the company is still loss making and has recently reported a shift from profit to a net loss alongside a CFO transition and ongoing IPO related lawsuits. For investors, the mix of a low P/S valuation, an expanding Go Network and stablecoin services, and clear funding and regulatory risks creates a complex setup that deserves a closer look before deciding how BTGO fits into a portfolio built around market infrastructure themes.

Bitgo Holdings sits at the intersection of low P/S pricing, institutional crypto rails and AI era risk appetite. See how the 3 key rewards and 2 important warning signs could shift your view once you weigh custody strength against funding and regulatory pressure.

Bullish (BLSH)

Bullish runs a global digital asset platform that combines a spot and derivatives exchange with crypto indices, market data, and news services under the CoinDesk brand. The company currently reports all of its roughly $300.7 million in revenue under an unclassified services segment, and its stock market value is about $3.7b.

Investors watching the AI supported risk appetite that is lifting trading activity may want to pay attention to Bullish. The company is leaning into tokenized securities and regulated crypto infrastructure, has a sizeable pipeline of projects according to management, and is working to close the Equiniti acquisition to deepen its role in market plumbing. At the same time, Bullish is still loss making, carries an expensive P/S multiple, and relies entirely on higher risk external borrowing rather than customer deposits. The key question is whether its tokenization push and regulatory progress can justify that valuation once the current crypto and AI excitement cools.

Bullish is leaning hard into tokenization and regulated crypto rails while carrying a rich P/S and higher risk funding mix. Before you decide how that trade off really stacks up, walk through the 1 key reward and 1 important warning sign

Seeking Fresh Alternatives Before They Fly

New themes can move from quiet to breakout fast. Before fresh ideas get caught by the crowd, scan curated shortlists that still sit under the radar for now and get in early.

• Spot high yielding compounders early by scanning a curated set of 10 dividend fortresses that aim to balance cash returns with business resilience while that mix still goes largely unnoticed.
• Ride the next wave of automation momentum by targeting companies inside the hand picked 37 robotics and automation stocks that could benefit if investment into smart factories and productivity stays in focus.
• Position ahead of potential infrastructure demand by reviewing the focused 38 power grid technology and infrastructure stocks that screens for businesses tied to grid upgrades while interest from other investors is still building.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.