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Robinhood beats Q1 estimates despite revenue, crypto trading dip


Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping...

Robinhood beats Q1 estimates despite revenue, crypto trading dip


Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping...

Robinhood offers to Uber cash to customers and have AI give trading advice


Trading platform Robinhood Markets plans to offer a service that delivers cash to its customers alongside an artificial intelligence research assistant that offers trading advice.The company said in a March 27 blog post that its online banking arm, Robinhood Banking, will offer savings accounts...

Massachusetts subpoenas Robinhood over sports prediction markets


Massachusetts’ securities regulator has reportedly launched a probe over Robinhood’s prediction markets offering that has allowed users to bet on the outcomes for a slew of events, including basketball tournaments. Reuters reported on March 24 that Massachusetts Secretary Bill...

Massachusetts subpoenas Robinhood over sports prediction markets


Massachusetts’ securities regulator has reportedly launched a probe over Robinhood’s prediction markets offering that has allowed users to bet on the outcomes for a slew of events, including basketball tournaments. Reuters reported on March 24 that Massachusetts Secretary of State...

Robinhood shares up 8% after launching betting markets hub


Robinhood has launched a betting markets hub as the online brokerage — best known for stock trading — expands its presence in emergent asset classes, including cryptocurrencies and event contracts, according to a March 17 announcement. Robinhood’s stock, HOOD, rose roughly...

Robinhood lists PENGU, POPCAT amid crypto ramp-up


Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood’s latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase....

Robinhood lists PENGU, POPCAT amid crypto ramp-up


Robinhood has listed memecoins Pengu (PENGU), Pnut (PNUT) and Popcat (POPCAT) as the online brokerage doubles down on cryptocurrency trading, it said on March 13. The listings mark Robinhood’s latest effort to expand its crypto offerings and compete with incumbent exchange Coinbase....

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