7 days ago
This article was originally published on ETFTrends.com.
Robinhood Markets (HOOD) reports second-quarter results on Wednesday, July 29. That could be an ideal time for active traders to consider single-stock ETFs such as the Direxion Daily HOOD Bull 2X ETF (HODU).
Ahead of the report, traders considering this leveraged ETF should examine some of the catalysts that could move Robinhood shares. It should also be noted that HODU attempts to deliver 200% of the daily returns of the financial services stock. That is to say, this is a short-term ETF, not one that should be treated as a buy-and-hold fund.
Heading into Robinhood earnings, Wall Street is bullish on the financial services stock. On Monday, Needham reiterated a "buy" rating on the stock, while boosting its price target to $123 from $97. Citing strength across various business lines, including cryptocurrency, equities, options and prediction markets, Needham boosted its 2026 and 2027 revenue estimates on Robinhood. It noted that the brokerage firm's core retail customer remains heavily engaged with the platform.
In recent months, prediction markets have increasingly become a focal point in the Robinhood investment thesis. It's an issue for traders considering HODU to stay abreast of as well.
#hodu
Robinhood Markets (HOOD) reports second-quarter results on Wednesday, July 29. That could be an ideal time for active traders to consider single-stock ETFs such as the Direxion Daily HOOD Bull 2X ETF (HODU).
Ahead of the report, traders considering this leveraged ETF should examine some of the catalysts that could move Robinhood shares. It should also be noted that HODU attempts to deliver 200% of the daily returns of the financial services stock. That is to say, this is a short-term ETF, not one that should be treated as a buy-and-hold fund.
Heading into Robinhood earnings, Wall Street is bullish on the financial services stock. On Monday, Needham reiterated a "buy" rating on the stock, while boosting its price target to $123 from $97. Citing strength across various business lines, including cryptocurrency, equities, options and prediction markets, Needham boosted its 2026 and 2027 revenue estimates on Robinhood. It noted that the brokerage firm's core retail customer remains heavily engaged with the platform.
In recent months, prediction markets have increasingly become a focal point in the Robinhood investment thesis. It's an issue for traders considering HODU to stay abreast of as well.
#hodu
7 days ago
A top Bloomberg ***** yst has a bold idea for Warren Buffett. Eric Balchunas says the investor should give his Berkshire Hathaway shares to Trump Accounts, the new government investment accounts for American children.
Balchunas shared the idea on Tuesday. Buffett, 95, plans to give away his remaining Berkshire stake, worth about $140 billion, by the end of 2034.
Trump Accounts launched on July 4. They were created under the One Big Beautiful Bill Act, a new tax law. Every eligible child born between 2025 and 2028 gets a $1,000 deposit from the Treasury.
Families can add up to $5,000 per year. The money sits in an S&P 500 index fund called SPYM by default. The Treasury picked Robinhood and BNY to run the app and the accounts.
Balchunas, the senior ETF ***** yst at Bloomberg Intelligence, thinks the accounts are a natural match for Buffett. Almost all of Buffett's wealth is Berkshire stock. He has also promised to give more than 99% of it away.
#buffett #balchunas #give
Balchunas shared the idea on Tuesday. Buffett, 95, plans to give away his remaining Berkshire stake, worth about $140 billion, by the end of 2034.
Trump Accounts launched on July 4. They were created under the One Big Beautiful Bill Act, a new tax law. Every eligible child born between 2025 and 2028 gets a $1,000 deposit from the Treasury.
Families can add up to $5,000 per year. The money sits in an S&P 500 index fund called SPYM by default. The Treasury picked Robinhood and BNY to run the app and the accounts.
Balchunas, the senior ETF ***** yst at Bloomberg Intelligence, thinks the accounts are a natural match for Buffett. Almost all of Buffett's wealth is Berkshire stock. He has also promised to give more than 99% of it away.
#buffett #balchunas #give
8 days ago
Uniswap (UNI) has gone up by nearly 23% in the past 30 days, outpacing all of the tokens with a higher market cap during this period following the launch of the Robinhood Chain.
Meanwhile, in the past 24 hours alone, the token has jumped by 7% to $3.68, as trading volumes experienced a strong 66% boost.
At $190 million, daily volumes currently account for over 8% of the **** et's circulating market cap, indicating that buying pressure continues to be strong as the token approaches a key resistance area.
On July 1, Robinhood, the popular U.S.-based zero-commission trading platform, launched its very own blockchain to support its tokenized stocks.
Uniswap is the decentralized alternative that users can rely on to buy these stocks on the Robinhood Chain. These **** ets are available 24/7 and can be bought as any other cryptocurrency by using this popular DEX.
#robinhood #market #strong
Meanwhile, in the past 24 hours alone, the token has jumped by 7% to $3.68, as trading volumes experienced a strong 66% boost.
At $190 million, daily volumes currently account for over 8% of the **** et's circulating market cap, indicating that buying pressure continues to be strong as the token approaches a key resistance area.
On July 1, Robinhood, the popular U.S.-based zero-commission trading platform, launched its very own blockchain to support its tokenized stocks.
Uniswap is the decentralized alternative that users can rely on to buy these stocks on the Robinhood Chain. These **** ets are available 24/7 and can be bought as any other cryptocurrency by using this popular DEX.
#robinhood #market #strong
11 days ago
With recent advancements in artificial intelligence, it's becoming easier for consumers to let AI play a role in their finances.
Robinhood, a financial services platform and mobile app, now has AI agents that can make credit card purchases and investment trades on your behalf (1). And after announcing a collaboration with OpenAI, Visa introduced secure payments with agentic commerce (2), "enabling seamless and trusted payments across OpenAI," according to a company press release (3).
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Robinhood, a financial services platform and mobile app, now has AI agents that can make credit card purchases and investment trades on your behalf (1). And after announcing a collaboration with OpenAI, Visa introduced secure payments with agentic commerce (2), "enabling seamless and trusted payments across OpenAI," according to a company press release (3).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
12 days ago
Shiv Verma, Chief Financial Officer of Robinhood Markets, Inc. (NASDAQ:HOOD), reported a sale of 3,982 shares of Class A Common Stock on July 15, 2026, according to a recent SEC Form 4 filing.
Metric
Value
Transaction value
~$457,000
Metric
Value
Transaction value
~$457,000
13 days ago
HOOD fell 4% and BULL dropped 6% on no company-specific news. Profit-taking hit both stocks after gains of between 10% and 12% last month.
QQQ slipped just 1% intraday while HOOD and BULL swung several times harder, revealing a textbook high-beta amplification of broad tech weakness.
Bitcoin holding above $63,000 this weekend is the key near-term trigger, since crypto revenue remains a direct pressure point for both brokerages.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Robinhood didn't make the cut. Grab the names FREE today.
Robinhood Markets (NASDAQ:HOOD) stock is down 4% to $102 in Friday's midday session, while Webull (NASDAQ:BULL) shares have slid 6% to approximately $7. Retail-brokerage names are getting hit as the tape turns risk-off.
QQQ slipped just 1% intraday while HOOD and BULL swung several times harder, revealing a textbook high-beta amplification of broad tech weakness.
Bitcoin holding above $63,000 this weekend is the key near-term trigger, since crypto revenue remains a direct pressure point for both brokerages.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Robinhood didn't make the cut. Grab the names FREE today.
Robinhood Markets (NASDAQ:HOOD) stock is down 4% to $102 in Friday's midday session, while Webull (NASDAQ:BULL) shares have slid 6% to approximately $7. Retail-brokerage names are getting hit as the tape turns risk-off.
14 days ago
Bitmine Immersion climbed by 11.50 percent on Tuesday to finish at $16.29 apiece after expanding its Ethereum treasury to $10.5 billion, solidifying its stance as the largest holder of the said token in the world.
In a statement on the same day, Bitmine Immersion Technologies Inc. (NYSE:BMNR) said that it boosted its Ethereum holdings to 5.77 million units following the acquisition of 27,801 Ethereum tokens last week.
Ultimately, the acquisition further advances its strategy of positioning itself as a publicly traded vehicle for investors seeking exposure to Ethereum.
Bitmine Immersion Technologies Inc. (NYSE:BMNR) also pointed to the growing adoption of ETH as having boosted its confidence and ownership of the latter following the launch of Robinhood Chain—a Layer 2 network built on Arbitrum that focuses on tokenized real-world ******* ets.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum. Already, dollar volumes have exceeded $1 billion, and Robinhood Chain now has more trading volume than any other decentralized exchange (DEX), demonstrating the outstanding utility and product market fit for Ethereum, which is the underlying chain," said Bitmine Immersion Technologies Inc. (NYSE:BMNR) Chairman Thomas Lee.
In a statement on the same day, Bitmine Immersion Technologies Inc. (NYSE:BMNR) said that it boosted its Ethereum holdings to 5.77 million units following the acquisition of 27,801 Ethereum tokens last week.
Ultimately, the acquisition further advances its strategy of positioning itself as a publicly traded vehicle for investors seeking exposure to Ethereum.
Bitmine Immersion Technologies Inc. (NYSE:BMNR) also pointed to the growing adoption of ETH as having boosted its confidence and ownership of the latter following the launch of Robinhood Chain—a Layer 2 network built on Arbitrum that focuses on tokenized real-world ******* ets.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum. Already, dollar volumes have exceeded $1 billion, and Robinhood Chain now has more trading volume than any other decentralized exchange (DEX), demonstrating the outstanding utility and product market fit for Ethereum, which is the underlying chain," said Bitmine Immersion Technologies Inc. (NYSE:BMNR) Chairman Thomas Lee.
16 days ago
Robinhood Markets (NASDAQ: $HOOD) is preparing to bring AI-powered trading agents into crypto, extending a beta product that has already drawn more than 70,000 accounts across equities and options.
The brokerage said U.S. customers will soon be able to connect third-party AI agents that can ****** yze markets, build strategies and place crypto trades on their behalf. Robinhood has not set a launch date, though customers in the United Kingdom are expected to gain access next.
The setup lets users define a strategy, set spending limits and establish guardrails before handing execution to an agent. Trade activity remains visible inside Robinhood, while the software can rebalance positions and submit orders without requiring approval each time.
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The brokerage said U.S. customers will soon be able to connect third-party AI agents that can ****** yze markets, build strategies and place crypto trades on their behalf. Robinhood has not set a launch date, though customers in the United Kingdom are expected to gain access next.
The setup lets users define a strategy, set spending limits and establish guardrails before handing execution to an agent. Trade activity remains visible inside Robinhood, while the software can rebalance positions and submit orders without requiring approval each time.
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17 days ago
Cryptocurrency treasury firm Strategy (NASDAQ: $MSTR) left its holdings of Bitcoin (CRYPTO: $BTC) unchanged over the past week.
The company led by Chairman Michael Saylor made no Bitcoin purchases or sales in the last seven days, leaving its holdings unchanged at 843,775 BTC.
Instead, Strategy increased its U.S. dollar reserves by $466.7 million U.S. to $3 billion U.S. through at-the-market stock sales, according to the company's latest regulatory filing.
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Robinhood Chain Sees Nearly 16,000 Meme Coin Launches in Single Day
The company led by Chairman Michael Saylor made no Bitcoin purchases or sales in the last seven days, leaving its holdings unchanged at 843,775 BTC.
Instead, Strategy increased its U.S. dollar reserves by $466.7 million U.S. to $3 billion U.S. through at-the-market stock sales, according to the company's latest regulatory filing.
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17 days ago
The combined market capitalization of the world's stablecoins has fallen by $10 billion U.S. since the end of May, the biggest decline in years.
Liquidity in the stablecoin market has decreased as crypto markets have consolidated near their lows for the year.
In June, the stablecoin market capitalization fell by $7.7 billion U.S., the largest dollar amount since May 2022 when blockchain protocol Terra-Luna imploded.
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Liquidity in the stablecoin market has decreased as crypto markets have consolidated near their lows for the year.
In June, the stablecoin market capitalization fell by $7.7 billion U.S., the largest dollar amount since May 2022 when blockchain protocol Terra-Luna imploded.
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Robinhood Chain Sees Nearly 16,000 Meme Coin Launches in Single Day
19 days ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Taiwan Semiconductor, Goldman Sachs, JPMorgan Chase, GE Aerospace headline the first big earnings week. Key inflation reports and Federal Reserve Chairman Kevin Warsh also are on tap.
The stock market had a mixed but generally positive week, even as oil prices rebounded. The S&P 500 and Nasdaq had strong gains while the Dow Jones edged lower, but right at all-time highs.
Cisco Systems (CSCO), Robinhood Markets (HOOD), Sandisk (SNDK), Micron Technology (MU) and Nvidia (NVDA) are stocks around buy areas. Meanwhile, ******* e Exploration Technologies (SPCX), better known as ******* eX, hit a new low.
Nvidia chipmaker Taiwan Semiconductor (TSM) and ASML (ASML) kick off chip earnings, while Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM) lead a slew of big banks. GE Aerospace (GE), UnitedHealth (UNH), J.B. Hunt Transport Services (JBHT), United Airlines (UAL) and American Airlines (AAL) also are ahead. All are setting up in various fashions.
On Tuesday, investors will get the June CPI inflation report, with PPI inflation on Wednesday. Fed chief Warsh will testify before Congress on those two days.
The stock market had a mixed but generally positive week, even as oil prices rebounded. The S&P 500 and Nasdaq had strong gains while the Dow Jones edged lower, but right at all-time highs.
Cisco Systems (CSCO), Robinhood Markets (HOOD), Sandisk (SNDK), Micron Technology (MU) and Nvidia (NVDA) are stocks around buy areas. Meanwhile, ******* e Exploration Technologies (SPCX), better known as ******* eX, hit a new low.
Nvidia chipmaker Taiwan Semiconductor (TSM) and ASML (ASML) kick off chip earnings, while Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM) lead a slew of big banks. GE Aerospace (GE), UnitedHealth (UNH), J.B. Hunt Transport Services (JBHT), United Airlines (UAL) and American Airlines (AAL) also are ahead. All are setting up in various fashions.
On Tuesday, investors will get the June CPI inflation report, with PPI inflation on Wednesday. Fed chief Warsh will testify before Congress on those two days.
19 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Robinhood Markets Inc CEO Vlad Tenev said Tuesday he wanted every American to have exposure to the U.S. stock market, as the company expands access to investing through new products and international markets.
Tenev, in a post on X, said that only 62% of Americans had exposure to U.S. stocks, adding that he wanted that number to reach 100%.
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Robinhood Markets Inc CEO Vlad Tenev said Tuesday he wanted every American to have exposure to the U.S. stock market, as the company expands access to investing through new products and international markets.
Tenev, in a post on X, said that only 62% of Americans had exposure to U.S. stocks, adding that he wanted that number to reach 100%.
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20 days ago
Arbitrum's ARB token (CRYPTO: $ARB) jumped 19% Thursday as trading on Robinhood's (NASDAQ: $HOOD) new blockchain pushed daily volume past $568 million and started sending revenue back into the Arbitrum ecosystem.
ARB led gains among the top 100 cryptocurrencies, while bitcoin rose about 1.5% and ether added 0.5%. The outperformance followed a fast start for Robinhood Chain, which opened to the public last week after being built on Arbitrum's technology stack.
Robinhood Chain processed more than $568 million in trading volume on Wednesday, followed by another $350 million by Thursday. Memecoin activity accounted for much of the early rush, while stablecoin balances on the network climbed above $260 million during its first week.
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ARB led gains among the top 100 cryptocurrencies, while bitcoin rose about 1.5% and ether added 0.5%. The outperformance followed a fast start for Robinhood Chain, which opened to the public last week after being built on Arbitrum's technology stack.
Robinhood Chain processed more than $568 million in trading volume on Wednesday, followed by another $350 million by Thursday. Memecoin activity accounted for much of the early rush, while stablecoin balances on the network climbed above $260 million during its first week.
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21 days ago
The British Virgin Islands (BVI) have spent the last several years pitching itself as a digital-asset hub. At BVI Finance's Fintech on the Seas conference on Necker Island, one of the people buying that pitch is Kingsley Advani, founder of Advani Family Offices and CEO of fund-infrastructure platform Allocations.
Advani has invested in 200+ companies over roughly a decade, securing early stakes in ******* eX, Anthropic, OpenAI, Coinbase, Robinhood and Kraken. He manages over $2B in ******* ets across borders and industries, and has pivoted to "investing in the infrastructure to invest."
Advani's argument is that the BVI's faster formations and improved regulation make it increasingly attractive for new entities as a home base, and that AI will compress entity setup even further from weeks to seconds.
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"If they want to spin up a BVI entity or SPV on their phone, they should be able to with AI in a few seconds. That's the end goal," he said in a conversation with TheStreet Roundtable.
Advani has invested in 200+ companies over roughly a decade, securing early stakes in ******* eX, Anthropic, OpenAI, Coinbase, Robinhood and Kraken. He manages over $2B in ******* ets across borders and industries, and has pivoted to "investing in the infrastructure to invest."
Advani's argument is that the BVI's faster formations and improved regulation make it increasingly attractive for new entities as a home base, and that AI will compress entity setup even further from weeks to seconds.
Related: American veterans to receive $10,000 in XRP from Ripple
"If they want to spin up a BVI entity or SPV on their phone, they should be able to with AI in a few seconds. That's the end goal," he said in a conversation with TheStreet Roundtable.
22 days ago
On July 1, Robinhood Markets (NASDAQ: HOOD) made a move that may prove to be defining for one market in particular. Its newly launched Robinhood Chain now routes trading in perpetual futures contracts, leveraged derivatives with no expiration date, through Lighter (CRYPTO: LIT), a decentralized derivatives exchange. Lighter's token, LIT, was up about 35% in the seven-day period ended July 7.
For holders of Hyperliquid (CRYPTO: HYPE), the reigning decentralized perpetuals venue, this new deal between Robinhood and Lighter is yet another competitive threat among the many that are rising. So which is the better coin to buy, Hyperliquid or Lighter?
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The case in favor of Lighter starts with the fact that the deal with Robinhood is no small thing. Robinhood serves nearly 28 million customers, and its wallet now lets users deposit stablecoins into Lighter's smart contracts as collateral for trading perpetuals.
Presently, Lighter is the third-largest decentralized perpetuals exchange, with $1.3 billion in 24-hour trading volume on July 7. On an annualized basis, revenue generated from its trading fees could total $95 million.
For holders of Hyperliquid (CRYPTO: HYPE), the reigning decentralized perpetuals venue, this new deal between Robinhood and Lighter is yet another competitive threat among the many that are rising. So which is the better coin to buy, Hyperliquid or Lighter?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The case in favor of Lighter starts with the fact that the deal with Robinhood is no small thing. Robinhood serves nearly 28 million customers, and its wallet now lets users deposit stablecoins into Lighter's smart contracts as collateral for trading perpetuals.
Presently, Lighter is the third-largest decentralized perpetuals exchange, with $1.3 billion in 24-hour trading volume on July 7. On an annualized basis, revenue generated from its trading fees could total $95 million.
24 days ago
Ark Invest's Cathie Wood is known for her bold stock picks and backing companies that she invests in. Earlier this week, her flagship Ark Innovation ETF (ARKK) added positions in fintech stocks like Robinhood (HOOD), Coinbase (COIN), Circle (CRCL), and SoFi (SOFI).
Notably, after outperforming the markets by a handsome margin for three consecutive years, SoFi has had a rough ride in 2026. While the shares have gained over 23% from their 2026 lows, they are down over 30% for the year. Incidentally, it's not only Wood who sees value in this beaten-down fintech stock; SoFi CEO Anthony Noto has also been accumulating shares through open-market purchases.
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Notably, after outperforming the markets by a handsome margin for three consecutive years, SoFi has had a rough ride in 2026. While the shares have gained over 23% from their 2026 lows, they are down over 30% for the year. Incidentally, it's not only Wood who sees value in this beaten-down fintech stock; SoFi CEO Anthony Noto has also been accumulating shares through open-market purchases.
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25 days ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Apple, ***** eX, Sandisk and Robinhood Markets are notable stocks to watch heading into the week. Last week, the major indexes had solid gains, but while the Dow Jones ended at record highs, the Nasdaq fell back below key levels as AI stocks were hammered. However,…
25 days ago
Dow Jones futures will open Sunday evening after a holiday weekend. On Friday, Dow futures lost a fraction while S&P 500 futures and especially Nasdaq futures rose.
The stock market showed saw solid to strong weekly gains on the major indexes. But the Dow Jones hit record highs Thursday while the Nasdaq slipped below key moving averages amid hefty losses in AI names. Biotechs and many medical groups did well, along with several other groups.
Apple (AAPL) and Robinhood Markets (HOOD) made bullish moves Thursday, but Tesla (TSLA) tumbled despite easily beating delivery forecasts, a day after sister company ****** eX (SPCX) gave up an aggressive entry. Sandisk broke below a key level for the first time in months, offering a possible sell signal.
Investors should be cautious amid the current volatility and sector rotation, perhaps cutting exposure in AI leaders.
Delta Air Lines (DAL) will report earnings next Friday while Taiwan Semiconductor (TSM) will release June sales. South Korean memory giant SK Hynix (SKHY) will begin trading on the Nasdaq on July 10.
The stock market showed saw solid to strong weekly gains on the major indexes. But the Dow Jones hit record highs Thursday while the Nasdaq slipped below key moving averages amid hefty losses in AI names. Biotechs and many medical groups did well, along with several other groups.
Apple (AAPL) and Robinhood Markets (HOOD) made bullish moves Thursday, but Tesla (TSLA) tumbled despite easily beating delivery forecasts, a day after sister company ****** eX (SPCX) gave up an aggressive entry. Sandisk broke below a key level for the first time in months, offering a possible sell signal.
Investors should be cautious amid the current volatility and sector rotation, perhaps cutting exposure in AI leaders.
Delta Air Lines (DAL) will report earnings next Friday while Taiwan Semiconductor (TSM) will release June sales. South Korean memory giant SK Hynix (SKHY) will begin trading on the Nasdaq on July 10.
27 days ago
Robinhood (HOOD) stock is pushing higher on July 2 as investors cheer the official rollout of Robinhood Chain, an Ethereum Layer-2 blockchain designed for real-world ******* ets. The mainnet launch arrives months after the financial technology company opened a public testnet in February.
Robinhood stock has been a lucrative investment in recent months, currently up a remarkable 77% versus its March low.
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Robinhood stock has been a lucrative investment in recent months, currently up a remarkable 77% versus its March low.
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27 days ago
Updated July 02, 2026, 2:44 pm EDT / Original July 02, 2026, 8:20 am EDT
Robinhood Markets
HOOD
+3.76%
has been added to Mizuho Securities’ “top picks” for July, while Micron Technology
MU
-5.49%
is the firm’s top stock among the highflying chip names.
HOOD
+3.76%
MU
Robinhood Markets
HOOD
+3.76%
has been added to Mizuho Securities’ “top picks” for July, while Micron Technology
MU
-5.49%
is the firm’s top stock among the highflying chip names.
HOOD
+3.76%
MU
28 days ago
Updated July 02, 2026, 10:30 am EDT / Original July 02, 2026, 8:20 am EDT
Robinhood Markets
HOOD
+6.00%
has been added to Mizuho Securities’ “top picks” for July, while Micron Technology
MU
-3.22%
is the firm’s top stock among the highflying chip names.
HOOD
+6.00%
MU
Robinhood Markets
HOOD
+6.00%
has been added to Mizuho Securities’ “top picks” for July, while Micron Technology
MU
-3.22%
is the firm’s top stock among the highflying chip names.
HOOD
+6.00%
MU
1 month ago
Space Exploration Technologies (NASDAQ: SPCX) raised $85.7 billion in its initial public offering (IPO), the largest in history. Investors were agog in the run-up as ******* eX priced its IPO at $135 per share, and then began trading on June 12 at $150, closing its first day at $160.95. The stock closed June 25 at $153.
It's been a bit of a roller coaster, but this IPO was the kind of rare corporate event that could turn passive brokerage-app users back into customers who added money to their accounts and maybe started to trade, and there's an interesting story here for Robinhood Markets (NASDAQ: HOOD).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Before the IPO, retail investors had access to ******* eX shares via five channels: Fidelity Investments, E*TRADE from Morgan Stanley, Charles Schwab, SoFi Technologies, and Robinhood.
The unusually high retail access gave investors a reason to act. Robinhood users had to request shares through an eligible account, giving even small-allocation investors a reason to fund accounts and keep checking the app. Robinhood also had a positioning advantage. Customers could invest in the ******* eX IPO through Robinhood with no minimum account size, reinforcing its pitch of not limiting major IPO access to larger investors.
It's been a bit of a roller coaster, but this IPO was the kind of rare corporate event that could turn passive brokerage-app users back into customers who added money to their accounts and maybe started to trade, and there's an interesting story here for Robinhood Markets (NASDAQ: HOOD).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Before the IPO, retail investors had access to ******* eX shares via five channels: Fidelity Investments, E*TRADE from Morgan Stanley, Charles Schwab, SoFi Technologies, and Robinhood.
The unusually high retail access gave investors a reason to act. Robinhood users had to request shares through an eligible account, giving even small-allocation investors a reason to fund accounts and keep checking the app. Robinhood also had a positioning advantage. Customers could invest in the ******* eX IPO through Robinhood with no minimum account size, reinforcing its pitch of not limiting major IPO access to larger investors.
1 month ago
Robinhood (HOOD) shares are expensive relative to their fintech peers in 2026, but that premium is rather "warranted," says BTIG's senior ******* yst Andrew Harte.
At the time of writing, HOOD is going for a forward price-to-earnings (P/E) multiple of about 54x, versus a much more modest 29x on the likes of SoFi Technologies (SOFI).
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At the time of writing, HOOD is going for a forward price-to-earnings (P/E) multiple of about 54x, versus a much more modest 29x on the likes of SoFi Technologies (SOFI).
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1 month ago
PayPal's (NASDAQ: PYPL) share price has stumbled by more than 25% year to date, and the stock now trades at a P/E ratio of 8. However, that doesn't make it a buy right away, and it may never climb to a lofty P/E ratio now that the growth narrative is mostly dead.
PayPal delivered 7% year-over-year revenue growth in the first quarter, which is well below that of emerging fintech stocks like SoFi Technologies (up 41% in Q1) and Robinhood Markets (up 15%). PayPal's revenue compound annual growth rate (CAGR) has been declining in recent years. It has a 10-year CAGR of 13.9%, but only a 7.2% CAGR over the past three years.
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PayPal isn't delivering high user growth rates either. The company reached 439 million daily active users in Q1, which only represents a 1% year-over-year increase. Meanwhile, Meta Platforms, a company known by almost everyone, delivered 4% year-over-year user growth but turned that into 33% year-over-year revenue growth. More specifically, in fintech, SoFi grew its user base by 35% year over year.
PayPal doesn't have the exciting user growth rates of SoFi, and it can't translate low user growth into surging sales the way Meta Platforms can. PayPal CEO Enrique Lores said in the Q1 press release that he was confident that the company would soon return to "a more durable path to long-term growth," but the multiyear trend makes it an uphill battle.
PayPal delivered 7% year-over-year revenue growth in the first quarter, which is well below that of emerging fintech stocks like SoFi Technologies (up 41% in Q1) and Robinhood Markets (up 15%). PayPal's revenue compound annual growth rate (CAGR) has been declining in recent years. It has a 10-year CAGR of 13.9%, but only a 7.2% CAGR over the past three years.
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PayPal isn't delivering high user growth rates either. The company reached 439 million daily active users in Q1, which only represents a 1% year-over-year increase. Meanwhile, Meta Platforms, a company known by almost everyone, delivered 4% year-over-year user growth but turned that into 33% year-over-year revenue growth. More specifically, in fintech, SoFi grew its user base by 35% year over year.
PayPal doesn't have the exciting user growth rates of SoFi, and it can't translate low user growth into surging sales the way Meta Platforms can. PayPal CEO Enrique Lores said in the Q1 press release that he was confident that the company would soon return to "a more durable path to long-term growth," but the multiyear trend makes it an uphill battle.
1 month ago
Robinhood is backing a push to scrap SEC Rule 611, a little-known rule meant to stop the market from skipping the best stock price investors can actually see.
The fight sounds technical. But it comes down to something basic. When the market shows a better stock price, should that price have to be respected?
The rule is SEC Rule 611, also known as the order-protection rule. The Securities and Exchange Commission has proposed rescinding it, and Robinhood (HOOD) is backing the move.
The debate has pulled in retail brokers, exchanges, market makers, Wall Street trade groups, and firms eyeing tokenized stocks.
The SEC says the rule applies to hundreds of trading centers, from public stock exchanges to firms that execute trades away from those exchanges.
The fight sounds technical. But it comes down to something basic. When the market shows a better stock price, should that price have to be respected?
The rule is SEC Rule 611, also known as the order-protection rule. The Securities and Exchange Commission has proposed rescinding it, and Robinhood (HOOD) is backing the move.
The debate has pulled in retail brokers, exchanges, market makers, Wall Street trade groups, and firms eyeing tokenized stocks.
The SEC says the rule applies to hundreds of trading centers, from public stock exchanges to firms that execute trades away from those exchanges.
1 month ago
With a market cap of $97.4 billion, Robinhood Markets, Inc. (HOOD) operates a digital platform for investing and personal finance. The platform enables users to trade stocks, ETFs, American depositary receipts, cryptocurrencies, options, and futures, while also offering features such as fractional investing, retirement accounts, margin investing, and cash management services.
Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Robinhood Markets fits this criterion perfectly. Robinhood aims to make financial markets more accessible through user-friendly technology, educational resources, and innovative financial products.
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Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Robinhood Markets fits this criterion perfectly. Robinhood aims to make financial markets more accessible through user-friendly technology, educational resources, and innovative financial products.
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1 month ago
On June 18, Cathie Wood's ARK Invest showed off a notable rotation following a superb run in two of the most popular high-growth stocks.
Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and Roku (ROKU) for its takeover-driven rally, but ARK moved in the opposite direction.
Wood took profits in both stocks after the catalysts lifted sentiment, turning both into sources of cash.
Those adjustments land against a far more buzzworthy story.
Wood recently built a major post-IPO position in ****** eX, with ARK buying nearly 3.3 million shares that were worth about $531 million by the end of the stock's first trading day, adding to her reputation among fans and investors as a big-name, high-risk, high-reward stock picker.
Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and Roku (ROKU) for its takeover-driven rally, but ARK moved in the opposite direction.
Wood took profits in both stocks after the catalysts lifted sentiment, turning both into sources of cash.
Those adjustments land against a far more buzzworthy story.
Wood recently built a major post-IPO position in ****** eX, with ARK buying nearly 3.3 million shares that were worth about $531 million by the end of the stock's first trading day, adding to her reputation among fans and investors as a big-name, high-risk, high-reward stock picker.
1 month ago
Robinhood (HOOD) said Tuesday it's letting go of about 290 employees, or about 10% of its workforce, in the coming weeks, according to a company spokesperson.
The move is intended to "maintain a high performance culture, further accelerate product velocity, and remain lean and disciplined," according to a regulatory filing signed by CFO Shiv Verma. Robinhood will incur $20 million in severance and restructuring charges, with $8 million in related share-based compensation payments.
In a memo posted on X, Robinhood CEO Vlad Tenev maintained that the financial and investing app has "never been stronger" and said that the goal of the reduction is "to maximize our talent density and ensure that our culture is defined by an absolute elite performance bar."
"To achieve the massive scale of our mission, we cannot default to operating as a heavily-layered organization," Tenev said. "We must be a lean, hyper-focused team where every single individual is empowered to make a massive impact," he added
Robinhood stock rose by more than 2% early on Tuesday. Its workforce reduction comes as competitors have also trimmed their headcount in recent months and as the widely popular retail trading platform looks to monetize a number of this year's biggest attention-grabbing events.
The move is intended to "maintain a high performance culture, further accelerate product velocity, and remain lean and disciplined," according to a regulatory filing signed by CFO Shiv Verma. Robinhood will incur $20 million in severance and restructuring charges, with $8 million in related share-based compensation payments.
In a memo posted on X, Robinhood CEO Vlad Tenev maintained that the financial and investing app has "never been stronger" and said that the goal of the reduction is "to maximize our talent density and ensure that our culture is defined by an absolute elite performance bar."
"To achieve the massive scale of our mission, we cannot default to operating as a heavily-layered organization," Tenev said. "We must be a lean, hyper-focused team where every single individual is empowered to make a massive impact," he added
Robinhood stock rose by more than 2% early on Tuesday. Its workforce reduction comes as competitors have also trimmed their headcount in recent months and as the widely popular retail trading platform looks to monetize a number of this year's biggest attention-grabbing events.
2 months ago
NEW YORK (AP) — When ******* eX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever.
Elon Musk’s rocket company, formally known as ******* e Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors. These are people who buy stocks in a brokerage account on their phone, not pension funds or other big “institutional” investors routing orders to their professional trading desks.
Here are some things to keep in mind as the IPO approaches:
Most IPOs offer only 5% to 10% of the total offering to retail investors, according to Fidelity. In this case, though, it could be up to 30%. ******* eX expects retail investors to participate in its IPO through Charles Schwab, Fidelity, Robinhood, SoFi and E-Trade by Morgan Stanley.
At Fidelity, investors with as little as $2,000 in their accounts could potentially snag ******* eX shares in the IPO. That’s down from account minimums of $100,000 or even $500,000 that Fidelity has for other equity offerings.
Elon Musk’s rocket company, formally known as ******* e Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors. These are people who buy stocks in a brokerage account on their phone, not pension funds or other big “institutional” investors routing orders to their professional trading desks.
Here are some things to keep in mind as the IPO approaches:
Most IPOs offer only 5% to 10% of the total offering to retail investors, according to Fidelity. In this case, though, it could be up to 30%. ******* eX expects retail investors to participate in its IPO through Charles Schwab, Fidelity, Robinhood, SoFi and E-Trade by Morgan Stanley.
At Fidelity, investors with as little as $2,000 in their accounts could potentially snag ******* eX shares in the IPO. That’s down from account minimums of $100,000 or even $500,000 that Fidelity has for other equity offerings.
2 months ago
When ******* eX starts trading Friday, the biggest IPO in history will bring to life the market's latest elephant-sized stock. Should individual investors get into the trading frenzy?
Initial public offerings have a way of making investors dream they can buy a stock at the lowest prices ever. No doubt, interest is high for Elon Musk's satellite and rocket ship company, which is expected to raise about $75 billion. But some unusual or even unprecedented circumstances could magnify the usual volatility and risks that come with IPOs.
Russell indexes and the Nasdaq have cleared the way for ******* eX to be included in major indexes in as little as seven days from the IPO. In an amended prospectus, ******* eX (SPCX) said some pre-IPO shares will be offered to retail investors through Charles Schwab (SCHW), Fidelity, Robinhood (HOOD) and SoFi Technologies' (SOFI) brokerage.
At least two ETF firms plan to offer ******* eX leveraged funds. Leverage Shares ETFs announced on X an ETF that doubles the stock's daily price move. It will trade under the symbol SPCH. ProShares says it will launch an Ultra ******* eX ETF with the SPCF symbol.
Hyperliquid, a blockchain-based trading platform, quoted ******* eX shares at nearly 164 on Monday. That's 21% above the expected IPO price of 135. But the price has been falling this month and is well off the 230 peak on May 18. Hyperliquid's first ******* eX trades came the previous day.
Initial public offerings have a way of making investors dream they can buy a stock at the lowest prices ever. No doubt, interest is high for Elon Musk's satellite and rocket ship company, which is expected to raise about $75 billion. But some unusual or even unprecedented circumstances could magnify the usual volatility and risks that come with IPOs.
Russell indexes and the Nasdaq have cleared the way for ******* eX to be included in major indexes in as little as seven days from the IPO. In an amended prospectus, ******* eX (SPCX) said some pre-IPO shares will be offered to retail investors through Charles Schwab (SCHW), Fidelity, Robinhood (HOOD) and SoFi Technologies' (SOFI) brokerage.
At least two ETF firms plan to offer ******* eX leveraged funds. Leverage Shares ETFs announced on X an ETF that doubles the stock's daily price move. It will trade under the symbol SPCH. ProShares says it will launch an Ultra ******* eX ETF with the SPCF symbol.
Hyperliquid, a blockchain-based trading platform, quoted ******* eX shares at nearly 164 on Monday. That's 21% above the expected IPO price of 135. But the price has been falling this month and is well off the 230 peak on May 18. Hyperliquid's first ******* eX trades came the previous day.