Robinhood (HOOD) CEO Vlad Tenev and other executives unveiled what the company described as its "most ambitious global expansion and product vision to date" on Wednesday. During a livestream dubbed "The World is Flat" from the Old Royal Naval College in London, the team outlined its expansion to ne…
Robinhood NASDAQ:HOOD said on Wednesday it plans to launch crypto trading in the UK and broadened its perpetual futures offering in Europe beyond cryptocurrencies.Here are some details:
By Andrew WelschRobinhood is expanding its toolkit for investors and its reach abroad. On Wednesday, the company unveiled new AI cryptocurrency trading capabilities for U.S. customers, new perpetual futures contracts for European customers, and expansion efforts in Canada and Singapore.Johann Kerbr…
By Hannah Erin LangRobinhood Markets is continuing its push into the world of crypto, unveiling a flurry of new products and platform updates at a product event in London. Here are some of the key updates:Robinhood CEO Vlad Tenev has often reiterated his long-term goal of making Robinhood the world…
HOOD saw a surge in World Cup prediction-market activity; trading volume rose about 40% above Q2 forecasts, driven by event contracts and trades on Robinhood’s Rothera exchange.Deu
American Express NYSE:AXP is giving US cardholders a new way to stretch their rewards, allowing Membership Rewards points to be used directly through Apple NASDAQ:AAPL Pay for online and in-app purchases. The new feature could make points feel more practical for everyday spending, especially as con…
(17:23 GMT) Robinhood Markets Price Target Raised to $113.00/Share From $105.00 by Deutsche Bank
Owning exchange infrastructure is becoming a common strategy across prediction markets. Platforms that initially relied on third-party venues are increasingly bringing matching, clearing, and regulatory licences in-house, according to a new note from Bernstein.Infrastructure Is Moving In-HouseDraft…
Robinhood Markets’ HOOD growth story is increasingly shifting from a single-product trading app to a broader financial ecosystem. The company is expanding across brokerage, crypto, subscriptions, retirement, advisory, credit cards, private markets and prediction markets, aiming to become a more cen…
Goldman Sachs affirmed Buy on Robinhood Markets (HOOD) and raised its price target to $121 per share, updating its outlook for HOOD stock.Bernstein says Robinhood (HOOD) may pursue
Cathie Wood's Ark Invest purchased additional shares of Coinbase, Circle, Bullish, and Robinhood on Monday across three exchange-traded funds amid a stock rally.Ark's trading disclosure for Monday shows the company bought 45,164 Coinbase (COIN) shares across its ARKK, ARKW, and ARKF ETFs, worth $6…
Robinhood Markets' prediction markets business is gaining momentum with volumes accelerating over the past week, putting the metric on track to land nearly 40% ahead of analysts' estimate for the second quarter, Truist Securities analysts say in a note. Prediction revenue could see even greater ups…
1052 ET - Robinhood Markets' prediction markets business is gaining momentum with volumes accelerating over the past week, putting the metric on track to land nearly 40% ahead of analysts' estimate for the second quarter, Truist Securities analysts say in a note. Prediction revenue could see even g…
DraftKings' launch of its DKeX exchange represents the latest stage of operational consolidation across prediction markets, with leading trading, crypto, and betting platforms increasingly bringing exchange infrastructure in-house, according to analysts at research and brokerage firm Bernstein.In a…
(12:47 GMT) Robinhood Markets Price Target Raised to $121.00/Share From $108.00 by Goldman Sachs
Goldman Sachs (GS) on Monday raised its price target on Robinhood Markets (HOOD) on the back of record trading activity in June, marking the second bullish Wall Street call on the stock in days.Analyst James Yaro lifted the firm's target to $121 from $108 while maintaining a ‘Buy’ rating. The incre…
Prediction-market operators are bringing trading infrastructure in-house, a rapid shift that could trigger a wave of acquisitions across crypto platforms, sportsbooks, brokerages and standalone exchanges, according to analysts at Bernstein.In a research report on Monday, Bernstein said the industry…
Crypto markets enter July with a regulatory transformation in Europe, a packed US macro calendar that could reshape the Fed narrative, and a Robinhood product reveal that may redefine how retail investors access digital assets. The week of June 29 carries more simultaneous catalysts than any single…
Shares of Robinhood Markets Inc. (HOOD) have surged more than 42% since the start of April, setting up their best quarter since September 2025. A Wall Street analyst believes there may be more room to rally.The fintech company is garnering Wall Street attention, with BTIG initiating coverage of Rob…
Robinhood said its prediction markets business is expanding quickly, with Chief Brokerage Officer Steven Quirk stating the company’s annualized revenue run rate has reached $500 million. According to Odaily, during the second quarter through June 25, Robinhood’s active contract trading volume total…
