Robinhood Markets (NASDAQ: HOOD ) has been a disruptive force in the retail investing space with its zero-commission trading platform and user-friendly interface. The company has been able to appeal to an entirely new consumer base as a result ofAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving ...

MENLO PARK, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for November 2024: Funded Customers at the end of November were 24.8 million (up approximately 420 thousand from October 2024, up approximately 1.5 million year-over-year).Assets Under Custody (AUC) at the end of November were $195 billion (up 22% from October 2024, up 106% year-over-year). Net Deposits were $5.6 billion in November, translating to a 42% ann ...

Bitcoin's $100,000 milestone is just the beginning of a "frontier of innovation," according to the CEO of one of the top market trading platforms. "The question is, do we want the U.S. to be a leader in this new industry like we are in artificial intelligence? I think the answer is, obviously, yes. We want to continue to lead there," Robinhood CEO Vlad Tenev said on "Cavuto: Coast to Coast" Thursday. "And for a while we weren't sure whether the current administration [had] that view," he continued. "But the ...

Core Insights - Robinhood is experiencing significant customer growth, which is expected to drive the company's growth into 2025 [1] - The company reported impressive increases in assets under custody and deposits in November, indicating strong operational momentum [1] Company Performance - The announcement highlighted the rapid growth in customer engagement and financial metrics, suggesting a positive outlook for Robinhood's future [1] - The operational momentum is likely to be sustained due to the influx of new customers and increased deposits [1]

With a few key moves, Robinhood has gone from being a YOLO trading platform to being a brokerage giant. Robinhood (HOOD 2.66%) isn't the company it was when its zero-fee trading platform came on the scene during the pandemic. It's increasingly becoming a great place to invest for retirement and to get credit cards. Travis Hoium shows the great trends for the business in this video. *Stock prices used were end-of-day prices of Nov. 28, 2024. The video was published on Nov. 30, 2024. ...

Since I wrote about Robinhood (NASDAQ: HOOD ) on Oct 5th, the stock is up 65%. In fact, if you didn't have the stock on your watch list this year, you would have missed it 2x in 2024. Pretty impressive results for a Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...

Robinhood Markets (HOOD) is proving to be a big beneficiary from the post-election rally. Since Nov. 5, Robinhood shares have surged 51.6% and touched a new three-year high of $39.74 on Monday. In contrast, since Election Day, its peers – Charles Schwab (SCHW) and LPL Financial (LPLA) – have gained just 14.7% and 17.9%, respectively. This exceptional rally has helped HOOD shares to skyrocket 197.1% this year, significantly outperforming the industry's rise of 46.9%. Image Source: Zacks Investment Research Y ...

Key TakeawaysRobinhood shares rose to a three-year high Monday after Morgan Stanley upgraded the stock and boosted its price target.The relative strength index confirms bullish price momentum with a reading above 70, but also flashes overbought conditions in the stock, which could trigger short-term profit-taking.Investors should monitor important support levels on Robinhood's chart around $24 and $20, while watching key resistance levels near $45 and $60. Shares in Robinhood Markets (HOOD) will likely rema ...

Robinhood NASDAQ: HOOD is the company that created the trading app that once epitomized the democratization of finance and the financial services sector. Robinhood's stock price has surged by over 330% this year, which is a dramatic rebound from its previous lows. This resurgence has sparked renewed interest from Robinhood's analyst community and institutional investors, with some projecting even greater heights. However, this remarkable rally masks underlying challenges and strategic shifts that demand car ...

Robinhood Markets (NASDAQ: HOOD ) shares have performed well over the last few months on the back of strong stock and crypto market performances, respectively. Shares of the upstart broker have increasedThis account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th cen ...