Robinhood, Crypto
Robinhood shares surge as crypto market frenzy fuels record results
Robinhood shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets.
Robinhood stock drives up
The company said it finished the fourth quarter with $1.3 billion in net transfers, more than any other brokerage.
These latest earnings show that Robinhood benefited from the recent crypto bull run, and it could encourage Robinhood to push ...
With SEC fines and Congressional reprimands over meme stocks and gamified trading in its rearview mirror, Robinhood has emerged as the biggest traditional broker trading crypto, especially meme coins.
Robinhood posted a sharp jump in quarterly profit, fueled by a flurry of post-election trading activity. The online brokerage reported late Wednesday that net income totaled $916 million, or $1.01 a ...
Robinhood's fourth-quarter results show a 700% increase in crypto revenue to $358 million, driven by Bitcoin's rise above ...
Robinhood Markets reported stellar fourth-quarter earnings, significantly outperforming analyst expectations on both EPS and ...
President Donald Trump said he'll enact new tariff hikes Thursday. Robinhood, Reddit and Dutch Bros are big earnings movers.
Robinhood (HOOD) shares surged in pre-market activity Thursday after the popular trading app reported fourth-quarter earnings ...
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