Robinhood's Meteoric Rise: Redefining Retail Investing
Robinhood's innovative zero-commission trading platform and user-friendly interface have driven significant growth, with a 36% YOY revenue increase and 24.3 million funded accounts in Q3. The company's expansion into crypto trading and new products like Robinhood Gold Card and Robinhood Legend cater to diverse investor needs and enhance user engagement. Robinhood benefits from broader societal shifts towards speculative investing, offering a low-barrier entry for alternative income opportunities amid rising inequality and job automation.
Here is What to Know Beyond Why Robinhood Markets, Inc. (HOOD) is a Trending Stock
Robinhood Markets (HOOD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Robinhood Markets upgraded to 'buy' as Goldman sees 'best-in-class' potential
Robinhood Markets Inc (NASDAQ:HOOD) has been upgraded to a 'buy' from 'neutral' by Goldman Sachs, which sees the trading platform maturing into a best-in-class service for traders of all ages. “In our view, HOOD has successfully migrated from a fast-growing, periodically profitable online broker servicing mostly younger investors, to a best-in-class top and bottom-line asset under custody compounder with a growing total addressable market (TAM).
Robinhood wins upgrade for crypto, future-trading and banking prospects, while Schwab gets a boost too
Barclays upgrades Robinhood and Schwab to overweight from equal-weight as analyst sees “constructive” trading backdrop in 2025.
Robinhood CEO talks bitcoin's $100K milestone, shares optimism over Trump administration
Robinhood CEO Vlad Tenev claims the incoming Trump administration "gets it" when it comes to Bitcoin and crypto, expressing hopes for a Bitcoin strategic reserve.
HOOD Unveils Long-Term Growth Plan at Investor Day, Hits 52-Week High
Robinhood reveals its growth plans during Investor Day, including Asia expansion, tokenization, low-cost advisory solutions and sports betting contracts.
Robinhood CEO Vlad Tenev: Bitcoin's gone from largely being ridiculed to being taken very seriously
Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss bitcoin's latest rally, Fed Chair Powell's comments on the cryptocurrency, impact of President-elect Trump's pick to lead the SEC, Robinhood's first-ever investor day, possible venture into sports betting, and more.
Best crypto stock to buy as Bitcoin soars past $100,000
Robinhood Markets Inc (NASDAQ: HOOD) climbed to a multi-year high as Bitcoin soared past the closely watched $100,000 level on Thursday. The last time its shares traded above $40 was in late 2021.
Robinhood's Hot New Tech Bet: The Desktop Computer
The upstart online brokerage is aiming to be the top destination for serious traders who prefer to click around on their big screens.
Robinhood's Incredible Momentum Continues with Big Goals Ahead
Robinhood (HOOD 3.52%) announced incredible rates of growth in assets under custody and deposits in November, and that should keep the company's operational momentum going. In this video, Travis Hoium covers everything you need to know about Robinhood's latest announcement.
Robinhood considering move into sports betting, CEO Vlad Tenev says
Chief Executive Vlad Tenev indicated that a move into sports could take the form of event contracts, like the ones the firm launched right before the presidential election. Shares of Penn Entertainment, Flutter and Draft Kings all moved lower shortly after Tenev made the comments, but the changes were modest.
3 Reasons to Buy Robinhood Stock
Robinhood (HOOD 2.65%) isn't the company it was when its zero-fee trading platform came on the scene during the pandemic. It's increasingly becoming a great place to invest for retirement and to get credit cards.
