Robinhood Markets, Inc. (NASDAQ:HOOD ) Wolfe Research Wealth Symposium November 13, 2024 11:45 AM ET Company Participants Jason Warnick - CFO Conference Call Participants Steven Chubak - Wolfe Research Steven Chubak All right. So good morning, everybody.
Malka Meyer, a director at Robinhood Markets, Inc. (NASDAQ: HOOD), recently sold a substantial portion of his holdings, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).
Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss impact of President-elect Trump's election victory on the crypto industry, crypto regulation under a second Trump term, the company's post-election rally, future of prediction markets, and more.
Robinhood Markets, Inc.'s share price surged post-election, but the company remains overvalued with a P/E of 50x, needing substantial growth to justify its valuation. The company has grown revenue to $2.4 billion and increased gold subscribers, but high expenses and stock-based compensation hinder true profitability. Robinhood's 1% deposit match has driven asset growth but is unsustainable, adding $230 million in unamortized obligations, impacting long-term growth.
HOOD stock hits a new 52-week high. Can the newly elected government's stance and the company's growth efforts keep the momentum going?
Steve Quirk, Robinhood chief brokerage officer, joins 'Closing Bell Overtime' to talk the impact of the election and aftermath on the platform.
Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and corporate attorneys, for a short list of key financial agency heads they expect to present to the president-elect soon, according to multiple people with knowledge of the matter.
Robinhood's earnings weren't great, but they didn't deserve the market's reaction.
Robinhood Markets (HOOD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Shares in Robinhood Markets (HOOD) plunged Thursday after the online brokerage missed Wall Street's quarterly revenue expectations due to a customer promotion program.
Robinhood Markets Inc (NASDAQ:HOOD) sunk over 15% on Thursday after reporting incentives aimed at drawing in customers had eaten into revenue over the third quarter. Matches on asset transfers and individual retirement arrangement (IRA) contributions caused a $27 million reduction in revenue over the quarter, the company said in results.
CNBC's Kate Rooney joins 'Squawk on the Street' to discuss Robinhood earnings.