Key Highlights: Robinhood posted record total net revenue of $1.424 billion for the third quarter, even as cryptocurrency revenue fell to $120 million. Net income declined 14% year over year to $476 million, translating to diluted earnings per share of $0.51. Robinhood shares (NASDAQ: HOOD) slid 8.55% to $83.76 amid wider market volatility exacerbated by ...
Key Highlights: Rosenblatt initiated Robinhood (HOOD) coverage with a Buy rating and a $135 price target, calling it a “generational growth story” with roughly 37% upside from its Tuesday close of $98.21. JPMorgan raised its Robinhood price target to $115 from $103 but kept a Neutral rating, citing competitive risks from traditional brokerages and crypto ...
Robinhood Markets (NASDAQ: HOOD) shares tumbled more than 6% on Tuesday as a broad-based selloff swept across U.S. equities, interrupting a recent rally that had lifted the stock above the $120 level. HOOD Underperforms Broader Market Decline The stock opened near $111.72 and slid to an intraday low of $105.86 before paring some losses. At ...
Uniswap is gaining momentum as trading activity on Robinhood Chain reaches record levels. The decentralized exchange has processed roughly $130 million in daily stock-token transactions,…