Sponsored by McLaren Resources

Robinhood Lets AI Spend and Trade for Users

Robinhood Markets (NASDAQ: HOOD) is handing retail investors a new kind of tool: an AI agent that can buy equities and swipe a credit card on their behalf, with no human required at the moment of execution. The brokerage is pitching it as the next frontier of automated personal finance, and the guardrails it has built in suggest it knows exactly how much can go wrong.

Customers who opt in open a dedicated agentic trading account that sits entirely apart from their existing portfolio. The AI agent can only touch money deposited specifically into that account, a hard wall between the bot and a user’s broader holdings. Within that perimeter, customers can direct the agent to build a diversified portfolio from scratch or shift position concentrations to chase emerging opportunities. At launch, the feature covers equities only. Options, cryptocurrencies, event contracts, and futures are all on the roadmap for later releases.

You can read more on the matter here.

What’s going on?

• The US Is Draining Its Oil Reserves at Record Speed—and It May Not Be Enough (theDeepDive)

• Carney announces refreshed national AI strategy will be released next week (CBC)

• Board of Peace Admits It Has Received Almost Nothing of the $17 Billion Pledged for Gaza (theDeepDive)

• Russia just passed a law allowing its central bank to down drones (CNBC)

• Kinew Tells Smith to Stand Down on Separation Referendum (theDeepDive)

• Global Investors Are Keen on Canada Again, Scotiabank CEO Says (Bloomberg)

• Canada’s US Tariff Retreat Has Not Bought Tariff Relief (theDeepDive)

• Doug Ford gave Ontario mayors more powers to build housing. Here’s what has actually happened (TS)

• Netherlands Blocks US Takeover of Company Behind National Digital ID System Over Data Sovereignty Fears (theDeepDive)

What’s the latest?

• Energy: Oil prices dropped more than 5% after Marco Rubio said the U.S. would give diplomacy with Iran “every chance to succeed.” Donald Trump also said the Strait of Hormuz would remain open to international shipping, easing some fears of prolonged supply disruptions. Still, industry experts warn it could take months or even into 2027 for oil flows through the region to fully return to normal levels.

• Tech: Meta Platforms plans to launch paid subscription tiers for its AI assistant, introducing Meta One Plus at $7.99/month and Meta One Premium at $19.99/month. The plans will offer users higher AI usage limits, more advanced capabilities, and enhanced tools for creators and businesses, while a free version of Meta AI will remain available. The move marks Meta’s push to build AI-driven revenue streams beyond advertising as it competes with OpenAI, Anthropic, and Google in the rapidly growing AI market.

• Politics: Prime Minister Mark Carney announced Canada is negotiating to buy Saab’s GlobalEye surveillance aircraft, a radar system built on Canadian-made Bombardier Global 6500 jets. The deal could lead to at least 40 aircraft being manufactured in Canada over 15 years, supporting more than 3,000 aerospace and defence jobs. The move strengthens Canada’s Arctic surveillance capabilities while reducing reliance on U.S. defence suppliers, as tensions grow over military procurement and broader Canada-U.S. defence relations.

• Aluminum: Canada is redirecting more aluminum exports to Europe after the U.S. imposed a 50% tariff on the metal, while supply disruptions from the Iran war pushed European aluminum premiums to record highs. European buyers are now competing aggressively with U.S. buyers for limited low-carbon aluminum supply, making Europe a more profitable destination for Canadian producers despite higher shipping costs. As a result, Canadian aluminum exports to Europe have surged, while shipments to the U.S. have declined significantly over the past year.

• Trade Talk: Canada’s trade minister Dominic LeBlanc will travel to Washington next week for trade talks ahead of the July 1 CUSMA review deadline, following a recent video meeting with U.S. Trade Representative Jamieson Greer. The U.S. continues pressuring Canada over issues like dairy supply management, provincial bans on American alcohol, and new streaming regulations, while Canada is pushing back against U.S. tariffs on steel, aluminum, autos, and lumber. Prime Minister Mark Carney said his separate trip to New York is focused on attracting investment rather than direct trade negotiations.

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find

The stock market and stuff

• Meta Launches Global Subscription Ladder Across Instagram, Facebook, and WhatsApp (theDeepDive)

• Scotiabank Beats Profit Estimates In Q2 2026 Despite Rising Impaired Loans (theDeepDive)

• Amazon Strikes $6 Billion Deal With Snowflake for Its Agentic Computing Chips (WSJ)

• BMO Profit Jumps 34% In Q2 2026 As Credit Costs Fall (theDeepDive)

• National Bank Lifts Earnings In Q2 2026 After CWB Deal (theDeepDive)

• BYD Officially Confirms Canadian Launch for Late 2026, Starting With 20 Dealerships in Four Cities (theDeepDive)

In the juniors

• Guanajuato Silver To Acquire Bolanitos Mine From Endeavour For US$50 Million (theDeepDive)

• West Red Lake Gold Books $41.8 Million in Q1 Revenue on 6,165 Ounces Sold (theDeepDive)

• Goliath Resources Kicks Off Fully Funded 50,000 Metre Drill Program At Surebet (theDeepDive)

• Silvercorp Closes Out Fiscal 2026 With Record Topline Revenue (theDeepDive)

FULL DISCLOSURE: McLaren Resources is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of McLaren Resources. The author has been compensated to cover McLaren Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.