1 month ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures.
The stock market was mixed, with the 10-year Treasury yield at 5%. The Nasdaq rose modestly, amid continued sector rotations among growth stocks. The S&P 500 largely held its ground but the Dow Jones and small-cap Russell 2000 fell solidly to three-month lows.
Robinhood Markets (HOOD) surged back into a buy zone Friday as part of bullish upside reversal for bitcoin and other crypto plays. Coinbase Global (COIN) flashed an aggressive entry. The iShares Bitcoin Trust ETF (IBIT) also is actionable.
Sandisk (SNDK) and Moderna (MRNA), the top S&P 500 performers so far this year, are in buy areas as well. So is Advanced Micro Devices (AMD), another top-10 S&P 500 stock.
Robinhood stock is on SwingTrader. AMD stock is on the IBD 50.
#futures #jones #Bitcoin #year
The stock market was mixed, with the 10-year Treasury yield at 5%. The Nasdaq rose modestly, amid continued sector rotations among growth stocks. The S&P 500 largely held its ground but the Dow Jones and small-cap Russell 2000 fell solidly to three-month lows.
Robinhood Markets (HOOD) surged back into a buy zone Friday as part of bullish upside reversal for bitcoin and other crypto plays. Coinbase Global (COIN) flashed an aggressive entry. The iShares Bitcoin Trust ETF (IBIT) also is actionable.
Sandisk (SNDK) and Moderna (MRNA), the top S&P 500 performers so far this year, are in buy areas as well. So is Advanced Micro Devices (AMD), another top-10 S&P 500 stock.
Robinhood stock is on SwingTrader. AMD stock is on the IBD 50.
#futures #jones #Bitcoin #year
1 month ago
Robinhood Markets (NASDAQ:HOOD) ended August with $384 billion in Total Platform **** ets, its term for everything customers hold on the platform -- up 8% from July and 26% from a year earlier, according to operating data published Sept. 10.
The next big round number, $500 billion, sits about 30% away. I think Robinhood gets there at some point during 2027.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The reason isn't a bold **** umption about markets or a bet on a new product taking off. Customers' own deposits carry the platform most of the way, and the market only has to cover a modest gap.
Image source: Getty Images.
#billion #think #NASDAQ
The next big round number, $500 billion, sits about 30% away. I think Robinhood gets there at some point during 2027.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The reason isn't a bold **** umption about markets or a bet on a new product taking off. Customers' own deposits carry the platform most of the way, and the market only has to cover a modest gap.
Image source: Getty Images.
#billion #think #NASDAQ
1 month ago
Robinhood chief executive Vlad Tenev told investors that the company's prediction markets business is at the beginning of something much larger, and he put a number on it that most executives avoid saying out loud. "I think we're just at the beginning of a Prediction Markets supercycle that could drive trillions in annual volume over time," he said on Robinhood Markets' (HOOD) fourth quarter and full year 2025 earnings call on February 10.
He reported adoption below the forecast. In the same remarks, Tenev said prediction market volumes had "more than doubled yet again" in the fourth quarter, "with over 12 billion contracts traded in 2025, which is the first full year of Prediction Markets." Customers had traded more than four billion further contracts in the opening weeks of 2026. He called it "the fastest-growing business in our history, $300 million-plus run rate in its first year."
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Nvidia, OpenAI, and Oracle's $745B Financing Circle Just Hit Its First Stress Test: A Fed Rate Hike
#prediction #year #tenev
He reported adoption below the forecast. In the same remarks, Tenev said prediction market volumes had "more than doubled yet again" in the fourth quarter, "with over 12 billion contracts traded in 2025, which is the first full year of Prediction Markets." Customers had traded more than four billion further contracts in the opening weeks of 2026. He called it "the fastest-growing business in our history, $300 million-plus run rate in its first year."
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Nvidia, OpenAI, and Oracle's $745B Financing Circle Just Hit Its First Stress Test: A Fed Rate Hike
#prediction #year #tenev
1 month ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
The SEC isn't waiting for clarity with a capital C to give tokenized stocks the go-ahead.
On Thursday, Wall Street's watchdog issued a five-year order allowing trading venues to offer digital representations of company shares. The move ushers in a 24/7 type of trading that proponents say reduces counterparty risk through faster settlement. It also comes just days after the Senate blocked the Clarity Act, which would have provided a regulatory framework for cryptocurrency. The new rule is "designed to resolve challenges that have prevented responsible innovation from taking root in the United States while providing investor protections and market integrity standards," SEC Chairman Paul Atkins said.
The "Innovation Exemption," which has been in the works for more than a year, shows the SEC is willing to set rules that could push crypto-related offerings forward without lawmakers' buy-in at a time when investors are hungry for digital ****** ets and trading firms are eager to meet their demand. That's good news for Robinhood and Coinbase, which both offer tokenized stocks overseas and whose own stocks climbed 5% and 6% respectively on Thursday.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
#upside #clarity #market
The SEC isn't waiting for clarity with a capital C to give tokenized stocks the go-ahead.
On Thursday, Wall Street's watchdog issued a five-year order allowing trading venues to offer digital representations of company shares. The move ushers in a 24/7 type of trading that proponents say reduces counterparty risk through faster settlement. It also comes just days after the Senate blocked the Clarity Act, which would have provided a regulatory framework for cryptocurrency. The new rule is "designed to resolve challenges that have prevented responsible innovation from taking root in the United States while providing investor protections and market integrity standards," SEC Chairman Paul Atkins said.
The "Innovation Exemption," which has been in the works for more than a year, shows the SEC is willing to set rules that could push crypto-related offerings forward without lawmakers' buy-in at a time when investors are hungry for digital ****** ets and trading firms are eager to meet their demand. That's good news for Robinhood and Coinbase, which both offer tokenized stocks overseas and whose own stocks climbed 5% and 6% respectively on Thursday.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
#upside #clarity #market
1 month ago
An anonymous trader known only by their wallet address 0x3bca had their $7.19 million short position on the S&P 500 fully liquidated on Hyperliquid as the broader market rebounded on Wednesday. The liquidation was tracked via onchain data on Hypurrscan.
A short position is a trade that profits when an ***** et's price falls. The trader was betting the S&P 500 would decline, and when it moved in the opposite direction, the position was forcibly closed at a loss.
Related: Kevin O'Leary has a warning on Washington's tax plans
Liquidation happens when a leveraged trade moves far enough against the trader that the exchange automatically closes it to prevent further losses. Hyperliquid is a decentralized exchange that lets users trade perpetual contracts, derivatives that track an ***** et's price without an expiration date, on crypto, equities and commodities.
The Hypurrscan data shows the wallet held a total portfolio value of roughly $7.85 million at the time, with exposure to S&P 500, XYZ100, BTC and gold contracts. The transaction history reveals a flurry of activity in the seconds surrounding the liquidation, including multiple "Close Long" orders on Robinhood stock (xyz:HOOD) at $109.48 and fresh "Open Long" positions on BTC at approximately $76,568.
#trader #position #hyperliquid #short
A short position is a trade that profits when an ***** et's price falls. The trader was betting the S&P 500 would decline, and when it moved in the opposite direction, the position was forcibly closed at a loss.
Related: Kevin O'Leary has a warning on Washington's tax plans
Liquidation happens when a leveraged trade moves far enough against the trader that the exchange automatically closes it to prevent further losses. Hyperliquid is a decentralized exchange that lets users trade perpetual contracts, derivatives that track an ***** et's price without an expiration date, on crypto, equities and commodities.
The Hypurrscan data shows the wallet held a total portfolio value of roughly $7.85 million at the time, with exposure to S&P 500, XYZ100, BTC and gold contracts. The transaction history reveals a flurry of activity in the seconds surrounding the liquidation, including multiple "Close Long" orders on Robinhood stock (xyz:HOOD) at $109.48 and fresh "Open Long" positions on BTC at approximately $76,568.
#trader #position #hyperliquid #short
1 month ago
A public company typically has limited control over third-party financial products that reference its shares, but Robinhood Markets, Inc. (NASDAQ:HOOD) and AMC Entertainment Holdings, Inc. (NYSE:AMC) are now testing that notion in public, in one of the year's most intense corporate spats. The debate revolves over stock tokens and has evolved from a heated social media post on September 3 to a live televised retort by September 9.
Robinhood Markets, Inc. (NASDAQ:HOOD) expanded its tokenized shares offering, which is issued through a unit named Robinhood ****** ets (Jersey) Limited and traded on Robinhood's proprietary blockchain, Robinhood Chain, to include over 190 public firms, including AMC, without the companies directly signing on. When AMC CEO Adam Aron discovered that his company was among them, he did not mince words. On September 3, Aron posted on X, calling the practice "contemptible, outrageous, disgusting, detestable, inexcusable, vile," questioning how it could possibly be legal, and stating that AMC Entertainment Holdings, Inc. (NYSE:AMC) had no relation to the tokens and did not condone them.
He stated that the company would retain independent securities counsel and vowed to take the matter to the SEC, characterizing Robinhood's tokens as an unregistered securities product that undermines the regular relationship between a public company and its shareholders.
The market reaction was fast and telling: AMC shares rose as much as 21% in overnight trading after the public dispute broke out.
Robinhood did not back down. In the days that followed, the company's chief legal officer, Dan Gallagher, a former SEC commissioner, mocked the tone of Aron's complaint on social media, saying Robinhood "know[s] a little something about the US securities laws," and inviting AMC's lawyers to contact them. CEO Vlad Tenev originally commented on X with a brief "What's the concern?" before making his first extensive, broadcast comments on the controversy in a CNBC "Squawk Box" interview on September 9.
#company
Robinhood Markets, Inc. (NASDAQ:HOOD) expanded its tokenized shares offering, which is issued through a unit named Robinhood ****** ets (Jersey) Limited and traded on Robinhood's proprietary blockchain, Robinhood Chain, to include over 190 public firms, including AMC, without the companies directly signing on. When AMC CEO Adam Aron discovered that his company was among them, he did not mince words. On September 3, Aron posted on X, calling the practice "contemptible, outrageous, disgusting, detestable, inexcusable, vile," questioning how it could possibly be legal, and stating that AMC Entertainment Holdings, Inc. (NYSE:AMC) had no relation to the tokens and did not condone them.
He stated that the company would retain independent securities counsel and vowed to take the matter to the SEC, characterizing Robinhood's tokens as an unregistered securities product that undermines the regular relationship between a public company and its shareholders.
The market reaction was fast and telling: AMC shares rose as much as 21% in overnight trading after the public dispute broke out.
Robinhood did not back down. In the days that followed, the company's chief legal officer, Dan Gallagher, a former SEC commissioner, mocked the tone of Aron's complaint on social media, saying Robinhood "know[s] a little something about the US securities laws," and inviting AMC's lawyers to contact them. CEO Vlad Tenev originally commented on X with a brief "What's the concern?" before making his first extensive, broadcast comments on the controversy in a CNBC "Squawk Box" interview on September 9.
#company
1 month ago
Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
1 month ago
Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
2 months ago
Uniswap (UNI) has jumped by more than 6% in the past 24 hours, and it is the best-performing token in the top 20, as on-chain data shows that protocol fees have exploded in September.
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the ****** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that ****** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.
#past #token #increase
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the ****** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that ****** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.
#past #token #increase
2 months ago
Online brokerage Robinhood Markets (NASDAQ: $HOOD) says that it will offer share redemptions and voting rights on tokenized stocks.
The move comes as Robinhood faces mounting criticism over its plans to put U.S. stocks on blockchain rails.
"In-kind redemption and voting are coming for Robinhood Stock Tokens," said Robinhood CEO Vlad Tenev in a social media post on Sept. 14.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#online
The move comes as Robinhood faces mounting criticism over its plans to put U.S. stocks on blockchain rails.
"In-kind redemption and voting are coming for Robinhood Stock Tokens," said Robinhood CEO Vlad Tenev in a social media post on Sept. 14.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#online
2 months ago
Uniswap (UNI) has jumped by more than 6% in the past 24 hours, and it is the best-performing token in the top 20, as on-chain data shows that protocol fees have exploded in September.
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the **** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that **** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.
#token #robinhood
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the **** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that **** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.
#token #robinhood
2 months ago
Online brokerage Robinhood Markets (NASDAQ: $HOOD) says that it will offer share redemptions and voting rights on tokenized stocks.
The move comes as Robinhood faces mounting criticism over its plans to put U.S. stocks on blockchain rails.
"In-kind redemption and voting are coming for Robinhood Stock Tokens," said Robinhood CEO Vlad Tenev in a social media post on Sept. 14.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#robinhood
The move comes as Robinhood faces mounting criticism over its plans to put U.S. stocks on blockchain rails.
"In-kind redemption and voting are coming for Robinhood Stock Tokens," said Robinhood CEO Vlad Tenev in a social media post on Sept. 14.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#robinhood
2 months ago
What's been exciting about Robinhood Chain (RHC) is seeing tokens attempt new mechanisms to answer questions like: why would someone hold this token? How can we make participating in this token attractive? And, more broadly, how can market activity around a token overall be designed to contribute to its success?
All new projects should ask this and the best ones do, but when you have a new chain, with a new market and new infrastructure, it can be sort of a "clean slate" or fresh design ***** e and breathe new life into the solutions to such questions.
The dominant answer right now seems to be distributions: hold this token and get stock, tokens, etc. Below are projects which execute this with a twist, expanding either the type of rewards or the source for rewards that end up in the hands of holders.
Others attempt to answer the second question, experimenting with new infrastructure that tries to make market activity, of whatever kind, directly contribute to the token's success.
These are all shared to give you a sense of what novelty can look like amidst this meta and act as a guiding force to understand what's been done, what's working, and overall where to direct your attention towards.
#make
All new projects should ask this and the best ones do, but when you have a new chain, with a new market and new infrastructure, it can be sort of a "clean slate" or fresh design ***** e and breathe new life into the solutions to such questions.
The dominant answer right now seems to be distributions: hold this token and get stock, tokens, etc. Below are projects which execute this with a twist, expanding either the type of rewards or the source for rewards that end up in the hands of holders.
Others attempt to answer the second question, experimenting with new infrastructure that tries to make market activity, of whatever kind, directly contribute to the token's success.
These are all shared to give you a sense of what novelty can look like amidst this meta and act as a guiding force to understand what's been done, what's working, and overall where to direct your attention towards.
#make
2 months ago
When Cathie Wood makes a move, Wall Street tends to pay attention. Her trades have become something of a market signal, especially when they involve the high-growth themes she has consistently backed. And in September, that shopping list included a little bit of everything — ****** e, fintech, crypto and biotechnology — while ARK Investment Management trimmed several large technology and healthcare positions.
In fintech, ARK Innovation ETF (ARKK) has been steadily adding to its Robinhood Markets (HOOD) bet. On Sept. 4, the fund bought 28,589 HOOD shares worth roughly $3.5 million, just a day after the stock jumped 16.6%. ARK then returned to the checkout counter on Sept. 8, purchasing another $3.3 million worth of Robinhood's shares. The buying reflects growing optimism around Robinhood's prediction markets, banking, and crypto businesses. The additions have also pushed HOOD into ARKK's top 10 holdings, with a 4.17% portfolio weight.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#Stock #sept #markets #worth
In fintech, ARK Innovation ETF (ARKK) has been steadily adding to its Robinhood Markets (HOOD) bet. On Sept. 4, the fund bought 28,589 HOOD shares worth roughly $3.5 million, just a day after the stock jumped 16.6%. ARK then returned to the checkout counter on Sept. 8, purchasing another $3.3 million worth of Robinhood's shares. The buying reflects growing optimism around Robinhood's prediction markets, banking, and crypto businesses. The additions have also pushed HOOD into ARKK's top 10 holdings, with a 4.17% portfolio weight.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#Stock #sept #markets #worth
2 months ago
Robinhood Markets (NASDAQ:HOOD) could gain an important new source of fee revenue with its recently launched Robinhood Chain platform. Activity on that blockchain is accelerating rapidly.
On September 4, Deutsche Bank raised its price target on Robinhood stock to $136 from $115. It also raised its earnings estimates for the company. The bank cited a sharp increase in Chain fee revenue as the reason for these upgrades.
Now, the more important question for investors is not whether the Robinhood Chain is generating fees. Instead, it is whether the recent surge in network activity can become a sustained source of earnings growth.
The pace and scale of the recent increase are difficult to ignore. Robinhood Chain's daily revenue run rate was below $200,000 through mid-August, according to data from DeFiLlama cited by Deutsche Bank. The figure jumped sharply to nearly $500,000 on August 29 before exploding to almost $1 million on August 30.
It kept rising from there. Daily revenue surpassed $1.9 million on August 31, reached $3.38 million on September 1, and hit $4.01 million on September 2.
#robinhood #revenue #chain #million
On September 4, Deutsche Bank raised its price target on Robinhood stock to $136 from $115. It also raised its earnings estimates for the company. The bank cited a sharp increase in Chain fee revenue as the reason for these upgrades.
Now, the more important question for investors is not whether the Robinhood Chain is generating fees. Instead, it is whether the recent surge in network activity can become a sustained source of earnings growth.
The pace and scale of the recent increase are difficult to ignore. Robinhood Chain's daily revenue run rate was below $200,000 through mid-August, according to data from DeFiLlama cited by Deutsche Bank. The figure jumped sharply to nearly $500,000 on August 29 before exploding to almost $1 million on August 30.
It kept rising from there. Daily revenue surpassed $1.9 million on August 31, reached $3.38 million on September 1, and hit $4.01 million on September 2.
#robinhood #revenue #chain #million
2 months ago
All major indices closed sharply lower Tuesday as Brent Crude surged near $99 and looming PPI and CPI readings raised fears of a Fed rate hike.
Qualcomm earned a Strong Buy upgrade at CFRA while Wells Fargo downgraded Eagle Materials and slashed Vulcan Materials' target to $254 from $305.
Robinhood Markets and Affirm Holdings received fresh Buy initiations with $170 and $105 targets from StoneX and Loop Capital, respectively.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Thermo Fisher Scientific didn't make the cut. Enter your email to see the names that beat TMO. The report is free. Enter your email and see if any of your stocks made the cut.
Futures are trading lower after a rough start to the holiday-shortened trading week. All the major indices finished the day sharply lower on rising oil prices and two huge inflation readings on deck: the producer price index on Thursday and the consumer price index on Friday. If both come in above expectations, you can count on an interest rate hike next week when the Federal Reserve governors meet. The venerable Dow Jones Industrial Average took the biggest shot, closing down 1.18% at 52,786, while the S&P 500 finished the session at 7,673, down 0.58%. The Russell 2000 fell 0.52% to 2,960, while the tech-heavy Nasdaq finished the day at 26,421, down 0.32%. With market-moving data on the way and sentiment falling, this could be a tough week for investors as we could catch some September blues.
#week
Qualcomm earned a Strong Buy upgrade at CFRA while Wells Fargo downgraded Eagle Materials and slashed Vulcan Materials' target to $254 from $305.
Robinhood Markets and Affirm Holdings received fresh Buy initiations with $170 and $105 targets from StoneX and Loop Capital, respectively.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Thermo Fisher Scientific didn't make the cut. Enter your email to see the names that beat TMO. The report is free. Enter your email and see if any of your stocks made the cut.
Futures are trading lower after a rough start to the holiday-shortened trading week. All the major indices finished the day sharply lower on rising oil prices and two huge inflation readings on deck: the producer price index on Thursday and the consumer price index on Friday. If both come in above expectations, you can count on an interest rate hike next week when the Federal Reserve governors meet. The venerable Dow Jones Industrial Average took the biggest shot, closing down 1.18% at 52,786, while the S&P 500 finished the session at 7,673, down 0.58%. The Russell 2000 fell 0.52% to 2,960, while the tech-heavy Nasdaq finished the day at 26,421, down 0.32%. With market-moving data on the way and sentiment falling, this could be a tough week for investors as we could catch some September blues.
#week
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
SAN FRANCISCO, Calif. — Maybe there is a public embrace to be had by dueling executives Vlad Tenev and Adam Aron.
"I'm open to it, you know, I love debates. I'm open to many things," Robinhood (HOOD) co-founder and CEO Vlad Tenev told Yahoo Finance from the Goldman Sachs Communacopia & Tech Conference (video above).
A fierce public war of words erupted on X between AMC Entertainment (AMC) CEO Adam Aron (known as the "Silverback" on X) and Tenev over the brokerage's extensive use of stock tokens that track AMC shares.
Aron ignited the dispute by blasting tokenization — the practice of issuing digital versions of ***** ets, such as stocks, on a blockchain network — as "contemptible," "vile," and "disgusting," demanding a cease-and-desist order while threatening legal action.
"What's the concern?" Tenev fired back, insisting that Robinhood's debt-backed derivatives do not require permission from the underlying companies.
#vlad #open #calif #maybe
"I'm open to it, you know, I love debates. I'm open to many things," Robinhood (HOOD) co-founder and CEO Vlad Tenev told Yahoo Finance from the Goldman Sachs Communacopia & Tech Conference (video above).
A fierce public war of words erupted on X between AMC Entertainment (AMC) CEO Adam Aron (known as the "Silverback" on X) and Tenev over the brokerage's extensive use of stock tokens that track AMC shares.
Aron ignited the dispute by blasting tokenization — the practice of issuing digital versions of ***** ets, such as stocks, on a blockchain network — as "contemptible," "vile," and "disgusting," demanding a cease-and-desist order while threatening legal action.
"What's the concern?" Tenev fired back, insisting that Robinhood's debt-backed derivatives do not require permission from the underlying companies.
#vlad #open #calif #maybe
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
Robinhood (NASDAQ: $HOOD) is expanding its prediction markets business by partnering with Crypto.com and its newly independent derivatives platform, OG.com, as demand for event contracts continues to surge.
Under the agreement announced Tuesday, Robinhood will begin routing a portion of its football prediction contracts to OG.com's CFTC-regulated exchange and clearinghouse. The first contracts are expected to go live today, ahead of the new professional football season.
Robinhood will also receive equity stakes in Crypto.com and OG.com following OG.com's planned spin-off as an independent trading platform. The stakes will be valued in line with Citadel Securities' recent investment in Crypto.com Group, which valued the company at $20 billion. The deal also puts OG.com's standalone valuation at $5 billion.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#prediction
Under the agreement announced Tuesday, Robinhood will begin routing a portion of its football prediction contracts to OG.com's CFTC-regulated exchange and clearinghouse. The first contracts are expected to go live today, ahead of the new professional football season.
Robinhood will also receive equity stakes in Crypto.com and OG.com following OG.com's planned spin-off as an independent trading platform. The stakes will be valued in line with Citadel Securities' recent investment in Crypto.com Group, which valued the company at $20 billion. The deal also puts OG.com's standalone valuation at $5 billion.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#prediction
2 months ago
The chief executive of Robinhood (HOOD) said on Bloomberg Television late last month that states suing to shut down prediction markets are protecting their own money. "States disagree for various reasons," Vlad Tenev said. "I mean, number one is there's a huge financial incentive from collecting taxes on these state-owned operators for that to be protected."
American Gaming ****** ociation figures put state and local tax collections from sports betting at $3.71 billion in calendar 2025, up 32.4% on the year, on $16.96 billion of sportsbook revenue and $166.94 billion of handle. New York, which taxes mobile sports betting at 51%, accounts for roughly a third of the national total on its own; the state's own court filing says mobile operators generated about $2 billion in gross gaming revenue in 2024 and paid more than $1 billion in state taxes. New York and Illinois together produce close to half of everything states collect on sports betting.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
#Stock
American Gaming ****** ociation figures put state and local tax collections from sports betting at $3.71 billion in calendar 2025, up 32.4% on the year, on $16.96 billion of sportsbook revenue and $166.94 billion of handle. New York, which taxes mobile sports betting at 51%, accounts for roughly a third of the national total on its own; the state's own court filing says mobile operators generated about $2 billion in gross gaming revenue in 2024 and paid more than $1 billion in state taxes. New York and Illinois together produce close to half of everything states collect on sports betting.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
#Stock
2 months ago
A crypto trader saw an unrealized gain of over $2 million in less than 12 hours by capitalizing on the controversy surrounding Robinhood Markets (Nasdaq: HOOD) and AMC Entertainment Holdings (NYSE: AMC).
Here is what happened.
Related: Jim Cramer issues bullish call on Robinhood after Morgan Stanley upgrade
As reported earlier, the two companies recently got involved in a major controversy.
Robinhood is an e-brokerage platform that offers equity, crypto, and stock tokens. A tokenized stock or a stock token is a digital token created on a blockchain that tracks the price of a publicly listed company's stock. It is only a synthetic version of a stock, with no official relation to the company publicly listed on a stock exchange.
#listed
Here is what happened.
Related: Jim Cramer issues bullish call on Robinhood after Morgan Stanley upgrade
As reported earlier, the two companies recently got involved in a major controversy.
Robinhood is an e-brokerage platform that offers equity, crypto, and stock tokens. A tokenized stock or a stock token is a digital token created on a blockchain that tracks the price of a publicly listed company's stock. It is only a synthetic version of a stock, with no official relation to the company publicly listed on a stock exchange.
#listed
2 months ago
Cathie Wood's investment firm ARK Invest bought 28,589 shares of Robinhood Markets (Nasdaq: HOOD) worth approximately $3.6 million on Sep. 4.
A veteran investor, Wood is a prolific trader of crypto-linked equities such as Circle Internet Group (NYSE: CRCL), Bullish (NYSE: BLSH), Block Inc. (NYSE: XYZ), Bitmine Immersion Technologies (NYSE: BMNR), etc.
Wood bought Robinhood shares as the company got involved in a controversy with the entertainment giant, AMC Entertainment Holdings (NYSE: AMC).
Related: Man turns Robinhood-AMC feud into $2 million gain in 12 hours
Robinhood is an e-brokerage platform popular among young retail traders for its equity, crypto, and stock token offerings.
#robinhood
A veteran investor, Wood is a prolific trader of crypto-linked equities such as Circle Internet Group (NYSE: CRCL), Bullish (NYSE: BLSH), Block Inc. (NYSE: XYZ), Bitmine Immersion Technologies (NYSE: BMNR), etc.
Wood bought Robinhood shares as the company got involved in a controversy with the entertainment giant, AMC Entertainment Holdings (NYSE: AMC).
Related: Man turns Robinhood-AMC feud into $2 million gain in 12 hours
Robinhood is an e-brokerage platform popular among young retail traders for its equity, crypto, and stock token offerings.
#robinhood
2 months ago
Updated Sept 03, 2026, 4:28 pm EDT / Original Sept 03, 2026, 12:51 pm EDT
Shares of Robinhood
HOOD
-2.09%
jumped 16.6% Thursday on a more favorable outlook for the company and after several **** ysts published positive reports about the brokerage firm’s stock in recent days. The stock closed Thursday’s session at $124.72, its highest close since Dec. 10.
HOOD
-2.09%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#sept #thursday #company #robinhood
Shares of Robinhood
HOOD
-2.09%
jumped 16.6% Thursday on a more favorable outlook for the company and after several **** ysts published positive reports about the brokerage firm’s stock in recent days. The stock closed Thursday’s session at $124.72, its highest close since Dec. 10.
HOOD
-2.09%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#sept #thursday #company #robinhood
2 months ago
As of 11:46 AM ET, the Nasdaq Composite (NASDAQINDEX:^IXIC) is up 1.35% to 26,572 as tech shares recover from earlier pressure. The Dow Jones Industrial Average (DJINDICES:^DJI) has climbed 1.20% to 53,699, and the S&P 500 (SNPINDEX:^GSPC) is trading 1.01% higher to 7,744 as traders eye falling Treasury yields.
Gold is up 2.34% to $4,489.99, and the 10-Year Treasury yield fell 5 basis points to 4.75%. Industrials lead sector gainers, with financial services and consumer cyclical stocks also seeing significant intraday strength as investors rotate into growth-oriented names.
Broadcom shares dropped, despite beating ******* yst expectations in yesterday's earnings. Snowflake's Q2 results were a different story: The stock soared over 20% this morning after a blowout quarter. Robinhood Markets gained following ******* yst upgrades. Nvidia gained on news that it will acquire artificial intelligence (AI) platform Hugging Face.
Major U.S. indexes gained this morning as markets reassessed the probability of a September rate hike. Federal Reserve Governor Christopher Waller said he'd lean toward holding rates steady unless there are any major inflation surprises. His stance, which seemed to contrast with Chairman Kevin Warsh's emphasis on reducing stubborn inflation, reduced some of the pressure on U.S. Treasuries.
Investors will be watching tomorrow's labor market report and further inflation data due next week closely, as both will impact the Fed committee's decision when they meet on Sept. 15 and 16. Interest rate decisions can cause short-term headwinds for the stock market, and volatility is likely to increase in the second half of this year. However, unchecked inflation can erode long-term value and do more damage to your portfolio than higher rates.
#major
Gold is up 2.34% to $4,489.99, and the 10-Year Treasury yield fell 5 basis points to 4.75%. Industrials lead sector gainers, with financial services and consumer cyclical stocks also seeing significant intraday strength as investors rotate into growth-oriented names.
Broadcom shares dropped, despite beating ******* yst expectations in yesterday's earnings. Snowflake's Q2 results were a different story: The stock soared over 20% this morning after a blowout quarter. Robinhood Markets gained following ******* yst upgrades. Nvidia gained on news that it will acquire artificial intelligence (AI) platform Hugging Face.
Major U.S. indexes gained this morning as markets reassessed the probability of a September rate hike. Federal Reserve Governor Christopher Waller said he'd lean toward holding rates steady unless there are any major inflation surprises. His stance, which seemed to contrast with Chairman Kevin Warsh's emphasis on reducing stubborn inflation, reduced some of the pressure on U.S. Treasuries.
Investors will be watching tomorrow's labor market report and further inflation data due next week closely, as both will impact the Fed committee's decision when they meet on Sept. 15 and 16. Interest rate decisions can cause short-term headwinds for the stock market, and volatility is likely to increase in the second half of this year. However, unchecked inflation can erode long-term value and do more damage to your portfolio than higher rates.
#major
2 months ago
WestEnd Capital Management, an investment advisor, released its Q2 2026 investor letter. The letter can be downloaded here. WestEnd Capital Management's Core Strategy achieved a 16.3% net return in the quarter, surpassing the S&P 500's 15.0%. This performance stemmed from strong earnings generators and upward earnings revisions, showcasing U.S. companies' efficiency in converting sales into profits. S&P 500 net profit margins reached a decade-high of 14.8% in Q1 and are expected to remain above 14% in Q2 despite challenges like higher interest rates and geopolitical uncertainty. Technology remains a key focus in WestEnd's portfolio, along with investments in infrastructure, demographic shifts, financial innovation, and selective consumer opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, WestEnd Capital Management highlighted Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services company that provides a trading platform for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On September 02, 2026, Robinhood Markets, Inc. closed at $106.99 per share. Robinhood Markets, Inc. returned 34.83% over the past month, and its shares have gained 18.84% over the past 52 weeks. Robinhood Markets, Inc. has a market capitalization of $96.19 billion.
WestEnd Capital Management stated the following regarding Robinhood Markets, Inc. (NASDAQ:HOOD) in its Q2 2026 investor letter:
Robinhood Markets, Inc. (NASDAQ:HOOD) has evolved well beyond the online brokerage platform many investors still ****** ociate with its early years. The company is building a broader financial services ecosystem that includes brokerage and retirement accounts, cash management, securities lending, advisory services, credit products, prediction markets, and international operations.
But its primary advantage is the strength of its customer relationship. Robinhood has built a large, highly engaged user base and can introduce new products through a single digital platform with relatively low incremental distribution costs. As customers consolidate more of their financial activity with the company, Robinhood can generate higher revenue per account and develop recurring revenue streams that extend beyond transaction-based trading..." (Click here to read the full text)
#robinhood #hood #financial
In its second-quarter 2026 investor letter, WestEnd Capital Management highlighted Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services company that provides a trading platform for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On September 02, 2026, Robinhood Markets, Inc. closed at $106.99 per share. Robinhood Markets, Inc. returned 34.83% over the past month, and its shares have gained 18.84% over the past 52 weeks. Robinhood Markets, Inc. has a market capitalization of $96.19 billion.
WestEnd Capital Management stated the following regarding Robinhood Markets, Inc. (NASDAQ:HOOD) in its Q2 2026 investor letter:
Robinhood Markets, Inc. (NASDAQ:HOOD) has evolved well beyond the online brokerage platform many investors still ****** ociate with its early years. The company is building a broader financial services ecosystem that includes brokerage and retirement accounts, cash management, securities lending, advisory services, credit products, prediction markets, and international operations.
But its primary advantage is the strength of its customer relationship. Robinhood has built a large, highly engaged user base and can introduce new products through a single digital platform with relatively low incremental distribution costs. As customers consolidate more of their financial activity with the company, Robinhood can generate higher revenue per account and develop recurring revenue streams that extend beyond transaction-based trading..." (Click here to read the full text)
#robinhood #hood #financial
2 months ago
Artisan Partners, an investment management company, released its second-quarter 2026 investor commentary for the "Artisan Global Opportunities Strategy". The letter can be downloaded here. Global equities rebounded sharply during the quarter, with the MSCI ACWI Index returning 15.3% as resilient economic growth, strong corporate earnings, and continued enthusiasm around artificial intelligence supported markets despite persistent inflation, higher bond yields, and geopolitical uncertainty. The portfolio reported strong absolute returns of 12.65% (net) but underperformed the benchmark, mainly because of its underweight exposure to information technology and overweight position in health care. Strong stock selection in technology and energy partially offset these headwinds. The fund continues to see attractive long-term opportunities across AI infrastructure, health care and consumer internet, while remaining disciplined on valuation as several AI-related stocks have appreciated sharply. Management remains focused on durable franchises with identifiable profit cycles and attractive long-term earnings potential. Also, check the Strategy's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Artisan Global Opportunities Strategy highlighted Robinhood Markets, Inc. (NASDAQ:HOOD) as a new holding. Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services company that provides a trading platform for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On September 01, 2026, Robinhood Markets, Inc. (NASDAQ:HOOD) closed at $103.51 per share. Robinhood Markets, Inc. (NASDAQ:HOOD) returned 14.18% over the past month and its shares have gained 5.10% over the past 52 weeks. Robinhood Markets, Inc. (NASDAQ:HOOD) has a market capitalization of $93.06 billion.
Artisan Global Opportunities Strategy stated the following regarding Robinhood Markets, Inc. (NASDAQ:HOOD) in its Q2 2026 investor letter:
"During the quarter, we initiated positions in Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets operates a financial services platform offering brokerage, cash management and other investing products. We initiated a GardenSM position following share price weakness driven in part by lower crypto prices, which we viewed as an attractive entry point into a business with a long runway for growth. Despite the crypto headwind, Robinhood has continued to grow deposits at a strong rate, reflecting the platform's ability to attract and retain customer ***** ets. We believe Robinhood can continue gaining market share in the retail wealth market through its leadership in active trading and by expanding its suite of retirement, banking, lending and credit products. As the company has gained market share and increased its base of long-term customer ***** ets, we see a multiyear opportunity for potential revenue growth and margin expansion."
#opportunities #strong #strategy
In its second-quarter 2026 investor letter, Artisan Global Opportunities Strategy highlighted Robinhood Markets, Inc. (NASDAQ:HOOD) as a new holding. Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services company that provides a trading platform for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On September 01, 2026, Robinhood Markets, Inc. (NASDAQ:HOOD) closed at $103.51 per share. Robinhood Markets, Inc. (NASDAQ:HOOD) returned 14.18% over the past month and its shares have gained 5.10% over the past 52 weeks. Robinhood Markets, Inc. (NASDAQ:HOOD) has a market capitalization of $93.06 billion.
Artisan Global Opportunities Strategy stated the following regarding Robinhood Markets, Inc. (NASDAQ:HOOD) in its Q2 2026 investor letter:
"During the quarter, we initiated positions in Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets operates a financial services platform offering brokerage, cash management and other investing products. We initiated a GardenSM position following share price weakness driven in part by lower crypto prices, which we viewed as an attractive entry point into a business with a long runway for growth. Despite the crypto headwind, Robinhood has continued to grow deposits at a strong rate, reflecting the platform's ability to attract and retain customer ***** ets. We believe Robinhood can continue gaining market share in the retail wealth market through its leadership in active trading and by expanding its suite of retirement, banking, lending and credit products. As the company has gained market share and increased its base of long-term customer ***** ets, we see a multiyear opportunity for potential revenue growth and margin expansion."
#opportunities #strong #strategy
2 months ago
WestEnd Capital Management, an investment advisor, released its Q2 2026 investor letter. The letter can be downloaded here. WestEnd Capital Management's Core Strategy achieved a 16.3% net return in the quarter, surpassing the S&P 500's 15.0%. This performance stemmed from strong earnings generators and upward earnings revisions, showcasing U.S. companies' efficiency in converting sales into profits. S&P 500 net profit margins reached a decade-high of 14.8% in Q1 and are expected to remain above 14% in Q2 despite challenges like higher interest rates and geopolitical uncertainty. Technology remains a key focus in WestEnd's portfolio, along with investments in infrastructure, demographic shifts, financial innovation, and selective consumer opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, WestEnd Capital Management highlighted Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services company that provides a trading platform for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On September 02, 2026, Robinhood Markets, Inc. closed at $106.99 per share. Robinhood Markets, Inc. returned 34.83% over the past month, and its shares have gained 18.84% over the past 52 weeks. Robinhood Markets, Inc. has a market capitalization of $96.19 billion.
WestEnd Capital Management stated the following regarding Robinhood Markets, Inc. (NASDAQ:HOOD) in its Q2 2026 investor letter:
Robinhood Markets, Inc. (NASDAQ:HOOD) has evolved well beyond the online brokerage platform many investors still ****** ociate with its early years. The company is building a broader financial services ecosystem that includes brokerage and retirement accounts, cash management, securities lending, advisory services, credit products, prediction markets, and international operations.
But its primary advantage is the strength of its customer relationship. Robinhood has built a large, highly engaged user base and can introduce new products through a single digital platform with relatively low incremental distribution costs. As customers consolidate more of their financial activity with the company, Robinhood can generate higher revenue per account and develop recurring revenue streams that extend beyond transaction-based trading..." (Click here to read the full text)
#westend
In its second-quarter 2026 investor letter, WestEnd Capital Management highlighted Robinhood Markets, Inc. (NASDAQ:HOOD). Robinhood Markets, Inc. (NASDAQ:HOOD) is a US-based financial services company that provides a trading platform for stocks, exchange-traded funds, American depository receipts, options, gold, and cryptocurrencies. On September 02, 2026, Robinhood Markets, Inc. closed at $106.99 per share. Robinhood Markets, Inc. returned 34.83% over the past month, and its shares have gained 18.84% over the past 52 weeks. Robinhood Markets, Inc. has a market capitalization of $96.19 billion.
WestEnd Capital Management stated the following regarding Robinhood Markets, Inc. (NASDAQ:HOOD) in its Q2 2026 investor letter:
Robinhood Markets, Inc. (NASDAQ:HOOD) has evolved well beyond the online brokerage platform many investors still ****** ociate with its early years. The company is building a broader financial services ecosystem that includes brokerage and retirement accounts, cash management, securities lending, advisory services, credit products, prediction markets, and international operations.
But its primary advantage is the strength of its customer relationship. Robinhood has built a large, highly engaged user base and can introduce new products through a single digital platform with relatively low incremental distribution costs. As customers consolidate more of their financial activity with the company, Robinhood can generate higher revenue per account and develop recurring revenue streams that extend beyond transaction-based trading..." (Click here to read the full text)
#westend
2 months ago
Investors may be underestimating Robinhood Markets Inc.(NASDAQ:HOOD) ability to generate more revenue from its existing customer base as the company expands beyond its traditional brokerage business. Morgan Stanley ****** yst Michael Cyprys upgraded the stock to Overweight from Equal Weight on September 1 and raised the price target to $150 from $124.
The upgrade reflects growing confidence that Robinhood's expanding product ecosystem can improve customer economics and create additional monetization opportunities. According to Morgan Stanley, Robinhood's broader platform is helping the company deepen customer engagement while increasing the amount of revenue it generates from each customer.
The company has expanded into areas including subscriptions, banking, credit, customer cash management and prediction markets. The strategy is designed to increase the number of products used by each customer rather than relying primarily on trading activity.
Prediction markets are one of Robinhood's most important newer growth opportunities and could help the company reduce its historical dependence on equities and cryptocurrency trading.
In the second quarter, event-contract volume reached 13.6 billion contracts, representing a roughly tenfold increase from the same period a year earlier. Revenue from event contracts surged from $10 million to $156 million, making prediction markets one of Robinhood's fastest-growing businesses.
#markets
The upgrade reflects growing confidence that Robinhood's expanding product ecosystem can improve customer economics and create additional monetization opportunities. According to Morgan Stanley, Robinhood's broader platform is helping the company deepen customer engagement while increasing the amount of revenue it generates from each customer.
The company has expanded into areas including subscriptions, banking, credit, customer cash management and prediction markets. The strategy is designed to increase the number of products used by each customer rather than relying primarily on trading activity.
Prediction markets are one of Robinhood's most important newer growth opportunities and could help the company reduce its historical dependence on equities and cryptocurrency trading.
In the second quarter, event-contract volume reached 13.6 billion contracts, representing a roughly tenfold increase from the same period a year earlier. Revenue from event contracts surged from $10 million to $156 million, making prediction markets one of Robinhood's fastest-growing businesses.
#markets
2 months ago
Bitmine Immersion Technologies (NYSE: $BMNR) accelerated its Ethereum (CRYPTO: $ETH) purchases during the final week of August.
The serial cryptocurrency acquirer led by Chairman Tom Lee bought 53,501 Ethereum over the past week at a cost of $131.3 million U.S.
It was Bitmine's largest weekly purchase of Ethereum since June of this year. The company now owns 5,901,112 ETH valued at $14.50 billion U.S. based on the crypto's current price.
More From Cryptoprowl:
Goldman Sachs Reiterates Buy Ratings On Coinbase And Robinhood
#bmnr #Crypto
The serial cryptocurrency acquirer led by Chairman Tom Lee bought 53,501 Ethereum over the past week at a cost of $131.3 million U.S.
It was Bitmine's largest weekly purchase of Ethereum since June of this year. The company now owns 5,901,112 ETH valued at $14.50 billion U.S. based on the crypto's current price.
More From Cryptoprowl:
Goldman Sachs Reiterates Buy Ratings On Coinbase And Robinhood
#bmnr #Crypto
2 months ago
BeInCrypto is attending TOKEN2049 Singapore as an official media partner, and this year we are bringing The NewsDesk to the main venue. Our team will be at Marina Bay Sands for both days of the conference, October 7-8, interviewing executives and industry leaders from across digital ******* ets and finance.
TOKEN2049 Singapore is expected to bring together more than 25,000 attendees, 7,000 companies, 300 speakers and 500 exhibitors across 160+ countries, with more than 60% of attendees holding C-level positions.
Alongside the broader Singapore programme, 1,000 side events will be featured throughout the week. Other major gatherings taking place in Singapore that week include Digital ******* et Summit Asia, Sui Basecamp, the Network State Conference, the Milken Institute Asia Summit, and the Forbes Global CEO Conference, all against the backdrop of the Formula 1 Singapore Grand Prix.
This year's agenda features tracks on institutional capital integration, with traditional financial leaders such as Nasdaq's Adena Friedman and Franklin Templeton's Jenny Johnson discussing capital flows and regulatory developments. At the same time, industry leaders including Binance CEO Richard Teng, Hyperliquid Labs CEO Jeff Yan, and Polymarket founder Shayne Coplan will explore exchange liquidity, on-chain derivatives, and decentralised prediction markets.
The speaker's lineup also features other financial heavyweights such as Joseph Lubin, Co-founder of Consensys, Vlad Tenev, CEO of Robinhood, and Amy Oldenburg from Morgan Stanley, among others.
#conference
TOKEN2049 Singapore is expected to bring together more than 25,000 attendees, 7,000 companies, 300 speakers and 500 exhibitors across 160+ countries, with more than 60% of attendees holding C-level positions.
Alongside the broader Singapore programme, 1,000 side events will be featured throughout the week. Other major gatherings taking place in Singapore that week include Digital ******* et Summit Asia, Sui Basecamp, the Network State Conference, the Milken Institute Asia Summit, and the Forbes Global CEO Conference, all against the backdrop of the Formula 1 Singapore Grand Prix.
This year's agenda features tracks on institutional capital integration, with traditional financial leaders such as Nasdaq's Adena Friedman and Franklin Templeton's Jenny Johnson discussing capital flows and regulatory developments. At the same time, industry leaders including Binance CEO Richard Teng, Hyperliquid Labs CEO Jeff Yan, and Polymarket founder Shayne Coplan will explore exchange liquidity, on-chain derivatives, and decentralised prediction markets.
The speaker's lineup also features other financial heavyweights such as Joseph Lubin, Co-founder of Consensys, Vlad Tenev, CEO of Robinhood, and Amy Oldenburg from Morgan Stanley, among others.
#conference
2 months ago
Prediction market Kalshi is partnering with brokerage and financial infrastructure start-up Alpaca as it looks to expand internationally.
Individuals and businesses who use Alpaca's brokerage infrastructure now have access to Kalshi's prediction market platform, said the companies in a joint news release.
Alpaca recently secured a U.S. brokerage license that allows it to facilitate orders to buy or sell derivatives contracts.
More From Cryptoprowl:
Goldman Sachs Reiterates Buy Ratings On Coinbase And Robinhood
#brokerage #infrastructure #goldman
Individuals and businesses who use Alpaca's brokerage infrastructure now have access to Kalshi's prediction market platform, said the companies in a joint news release.
Alpaca recently secured a U.S. brokerage license that allows it to facilitate orders to buy or sell derivatives contracts.
More From Cryptoprowl:
Goldman Sachs Reiterates Buy Ratings On Coinbase And Robinhood
#brokerage #infrastructure #goldman