AI, Crypto, and Tech Stocks Rule Robinhood UK in June

In June, investors on Robinhood UK showed strong interest in artificial intelligence (AI), cryptocurrency, and technology stocks, according to the platform’s latest trading report. These sectors continued to attract attention as innovation and big announcements drove market buzz.

Nvidia Takes the Lead

Leading the pack was chipmaker Nvidia, which made headlines after becoming the world’s most valuable company, surpassing tech giants Microsoft and Apple. Despite concerns over possible restrictions on chip exports, Nvidia remained a top choice among traders, thanks to its dominant role in powering AI systems.

AI Infrastructure in Focus

Another major name on the list was CoreWeave, a cloud computing company focused on AI infrastructure. Though not yet profitable, CoreWeave projected $5 billion in revenue for 2025, beating analysts’ expectations. The company also signed a $7 billion, 15-year lease deal with Applied Digital, which will provide high-performance computing and data services to support CoreWeave’s AI capabilities. This move gave both companies a major boost in trading activity.

Palantir’s Nuclear Deal Draws Eyes

Software firm Palantir Technologies remained a hot topic after announcing a $100 million agreement with the Nuclear Company. The two will work together to build software using AI for nuclear reactor construction. This partnership helped solidify Palantir’s place among the most traded stocks on the platform.

Health-Tech Stocks Gain Ground

AI wasn’t just limited to tech infrastructure. Health tech firms also had a moment. Tempus AI, known for using AI in cancer treatment, launched a new tool to track how patients respond to immunotherapy. But the company also faced scrutiny for possible “AI-washing,” after critics questioned whether its technology was as advanced as claimed.

Meanwhile, Hims & Hers Health saw a jump in activity after its deal with Novo Nordisk, maker of the popular weight-loss drug Wegovy, came to an end. Novo reportedly pulled back after Hims began offering rival GLP-1 weight-loss treatments alongside Wegovy.

Tesla and Crypto Stay in the Game

Tesla stayed on traders’ radar too, especially after the company publicly launched its Model Y, which CEO Elon Musk claimed was “fully autonomous.” In China, however, the electric car maker continued to face pressure from new competitors, including smartphone giant Xiaomi, which entered the electric vehicle space.

Coinbase, the well-known cryptocurrency platform, also ranked high after it announced plans to expand into crypto futures contracts. Although Bitcoin prices fluctuated during June, they finished the month roughly unchanged.

Tech Still Reigns

Even with minimal movement in its share price, Apple remained among the top-traded stocks. Speculation over new tariffs and rumours of a potential acquisition of AI startup Perplexity AI kept investors curious.

As Robinhood UK analyst Dan Lane summed it up: “Investors kept their appetite for AI, crypto, and tech in general over the past month, with some new names joining stalwart popular stocks.”