Core Insights - Digital currencies are experiencing a pullback, with Bitcoin holding around the $100,000 level, while Ether and Solana have also seen declines [2][5] - Robinhood reported a significant increase in revenue driven by its crypto business, with a 129% year-over-year rise in transaction-based revenue and a 271% increase in net income [6][5] - Kraken's co-CEO discussed the positive changes in the regulatory environment for crypto in the US, highlighting increased institutional interest and engagement with lawmakers [15][19] Company Performance - Robinhood's revenue from digital assets rose over 200% to $268 million, contributing to a net income of $556 million [6][5] - Despite strong earnings, Robinhood's stock fell nearly 9% following the earnings report [7] - Kraken is exploring an IPO and has reportedly raised $500 million at a $15 billion valuation, with plans for further fundraising [33] Market Trends - A report indicated that 55% of hedge funds surveyed are invested in crypto, up from 47% in 2024, with institutional investors citing changing US regulations as a key reason for increased investment [11][12] - Kathy Wood from ARK Invest noted that stablecoins are taking on roles previously expected of Bitcoin, potentially reducing Bitcoin's projected value by $300,000 in future forecasts [8][9] Regulatory Environment - The regulatory landscape for crypto in the US has improved, with Kraken's co-CEO noting positive engagement with Congress and regulators [15][19] - New legislation, including the "genius bill," is seen as a significant step forward for the industry, fostering a more favorable environment for institutional investment [15][19] Product Development - Kraken has launched tokenized equities, which are backed one-for-one with shares of stock, and is looking to expand this offering to the US market [21][20] - The company is focused on public equities for tokenization, considering the complexities involved with private stocks [27][29]

Trading app Robinhood is weighing whether to put Bitcoin on its balance sheet, the company's Senior Vice President of Finance and Strategy Shiv Verma said.  Speaking Wednesday following its quarterly earnings call, Verma said that buying Bitcoin and other cryptocurrencies with spare cash has both "pros and cons" potentially aligning it with its crypto-buying customers but requiring capital that might be better served elsewhere.    "We've spent a lot of time thinking about [buying digital assets]," Verma sai ...

Core Points - Robinhood Markets, Inc. will participate in the Wolfe Research Wealth Symposium on November 12, 2025 [1][2] - Steve Quirk, Chief Brokerage Officer of Robinhood, is scheduled to present at 10:15 AM ET / 7:15 AM PT [2] - A live audio webcast of the presentation will be available on Robinhood's investor relations website, with a recording accessible for at least 90 days post-event [2] Company Overview - Robinhood transformed financial services by offering commission-free stock trading, making market access available to millions of investors [3] - The company provides a range of trading options including stocks, options, futures, and cryptocurrencies, as well as retirement investment and expert-managed portfolios [3] - Headquartered in Menlo Park, California, Robinhood aims to deliver value and products tailored for a new generation of investors [3] Information Disclosure - Robinhood utilizes its Investor Relations website and Newsroom to disclose information broadly in compliance with SEC Regulation Fair Disclosure [4] - Investors are encouraged to monitor these platforms along with press releases, SEC filings, and public conference calls for material information [4]

What Happened? Shares of financial services company Robinhood (NASDAQ:HOOD) fell 6.7% in the morning session after its third-quarter 2025 results, despite beating revenue and earnings estimates, were overshadowed by concerns about its future profit outlook and the announced retirement of its Chief Financial Officer (CFO). The company reported impressive year-over-year revenue growth of 100% to $1.27 billion, and its GAAP earnings per share of $0.61 comfortably beat Wall Street's expectations. However, inv ...

Let's talk about what I was just mentioning on on Robin Hood. Really the epitome of all the bullishness we have seen in markets. I how much longer can this continue.Hard question, but maybe not so hard. >> Well, I I don't think it's a hard question. There's this there's this desire to say the market's up big.There must be a lot of speculation and therefore, you know, things look expensive. But in reality, the markets are up because earnings are up. If you look at, you know, the, you know, the the suite of t ...

Core Insights - The market's rise is primarily driven by strong earnings, particularly in the tech sector, which constitutes about 40-45% of the market and has seen a 27% increase this year, with 22% of that attributed to better earnings [2][3] - Financials are experiencing significant growth, with year-over-year increases of approximately 23-24%, contrasting with consumer and industrial stocks that have only risen by 2-4% [4] Company-Specific Insights - Robinhood's crypto trading revenue has surged over 300% year-over-year, indicating robust performance in the crypto sector [6] - The company aims to diversify its revenue, targeting 50% from outside the US and integrating various financial services into its platform [7] - Robinhood has been a top performer in the S&P 500 this year, reflecting its strong market position and growth potential [8][12] Market Trends - The prediction markets are emerging as a significant growth area for Robinhood, with trading volumes doubling each quarter, reaching 2.5 billion contracts in October [11] - The entry of competitors like Poly Market into the US market highlights the potential for growth in this new asset class [10][12] - The overall sentiment in the market suggests that more information from prediction markets can be beneficial for investors and strategists [15]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Robinhood (NASDAQ:HOOD) CEO Vlad Tenev said on Wednesday that the company is still evaluating whether to include Bitcoin (CRYPTO: BTC) in its corporate treasury, weighing the potential pros and cons. Need To Align With Shareholders, Says CEO During the company’s third-quarter earnings call, Tenev said that Robinhood has devoted considerable time to pondering this move. He highlighted that such a step would ...

Core Insights - Robinhood Markets (HOOD) stock declined by 7.5% during Thursday afternoon trading due to disappointing October crypto revenue, full-year operating expense guidance, and the upcoming departure of its chief financial officer [2] Financial Performance - The company's Q3 earnings report included disappointing figures related to crypto revenue for October [2]

After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.Investors grappled with mixed corporate earnings and fresh concerns over the labor market after a private report showed a spike in layoffs last month. Despite clear signs of a cooling job market, comments from Federal Reserve officials dampened hopes for further rate cuts. Chicago Fed President Austan Go ...

Core Insights - Robinhood Markets is considering a Bitcoin treasury plan, which involves holding Bitcoin on its balance sheet similar to traditional assets like cash [1] - The company has a strong history of exceeding analyst expectations in earnings and revenue [3] - During the earnings call on November 5, CEO Vlad Tenev outlined a 10-year revenue plan aiming for over 50% of revenue to come from non-U.S. markets and institutional segments [4][5] Company Overview - Robinhood launched in 2015 as a commission-free trading app and expanded to include crypto and options trading in 2018, going public in 2021 [2] - The company achieved inclusion in the S&P 500 index in 2025 [2] Financial Performance - For the third quarter, Robinhood reported adjusted earnings per share (EPS) of $0.61, surpassing the estimated $0.53, and record revenue of $1.274 billion, exceeding the estimated $1.21 billion [6] Market Developments - The prediction markets segment is experiencing significant growth, with over 1,000 live contracts available across various domains [6][7] - The company is expanding its presence in the UK and EU, aiming to establish a leading global financial ecosystem [5] Leadership Changes - Robinhood appointed Shiv Verma as the new CFO, succeeding Jason Warnick [8]