Robinhood (HOOD), the trading platform that gained notoriety during the meme-stock frenzy, has demonstrated a significant evolution in its business model, according to a recent report by Reuters.
The company’s latest…
In brief
Robinhood disclosed $989 million in second-quarter revenue.
Profits rose quarter-over-quarter to $386 million.
The company’s stock has more than doubled so far this year.
Robinhood posted a stronger-than-expected performance in the second…
JPMorgan has raised its price target for Robinhood Markets
Inc. (HOOD) to $98 by 2026, doubling its previous forecast of $47 for 2025. The
upward revision reflects expectations of long-term growth from…
Robinhood's
boss thinks there's something fundamentally broken about how global capital
markets work. Vlad Tenev, the CEO who built his fortune democratizing stock
trading, now says it's a "tragedy" that regular investors can't
access…
Cryptocurrency exchange KuCoin has introduced xStocks,
a new product offering tokenized versions of major U.S. equities, including
Tesla, NVIDIA, and the S&P 500 ETF. The assets are now available for
trading on KuCoin…
Robinhood Crypto is under investigation in Florida for allegedly falsely advertising its platform as the least expensive way to buy crypto.In a Thursday press statement, Florida Attorney General James Uthmeier…
Robinhood (Nasdaq: HOOD) is facing an investigation by Florida’s top prosecutor for claiming that it offers crypto trading “at the lowest cost on average.” The state cop is also issuing…
In brief
Florida AG James Uthmeier launched a state-level probe into Robinhood Crypto’s “lowest cost on average” marketing.
The AG issued a subpoena seeking documents on pricing, marketing, and user trade data…
Florida’s top prosecutor has opened an investigation into trading platform Robinhood, alleging it has been falsely promoting its crypto services as the least expensive on the market.However, Lucas Moskowitz, Robinhood’s…
Commission-free investing app Robinhood has added support for Ethereum (ETH) and Solana (SOL) staking in the US, according to a Thursday announcement. The platform users can start with staking as little…