Stock Traders Ride the Boom in AI to Notch Best Year Since 2005

Stock traders across Wall Street are set to turn in their best year for revenue in at least two decades after clients piled into booming AI stocks in recent months.

The industry’s fee pool is expected to reach $94 billion this year, according to data compiled by Crisil Coalition Greenwich. That would be an 18% increase from 2024, the consultancy found.