Core Insights - Robinhood Markets, Inc. is positioned to potentially continue its earnings-beat streak, having surpassed earnings estimates by an average of 23.96% over the last two quarters [1][5]. Earnings Performance - For the most recent quarter, Robinhood reported earnings of $0.31 per share, falling short of the expected $0.37 per share, resulting in a surprise of 19.35%. In the previous quarter, the company exceeded the consensus estimate of $0.42 per share by reporting $0.54 per share, achieving a surprise of 28.57% [2]. Earnings Estimates and Predictions - Estimates for Robinhood have been trending higher, supported by its history of earnings surprises. The stock currently has a positive Zacks Earnings ESP of +1.72%, indicating increased analyst optimism regarding its near-term earnings potential [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong likelihood of another earnings beat, with historical data indicating that stocks with this combination beat consensus estimates nearly 70% of the time [6][8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance [7][9].

Robinhood Markets, Inc. (NASDAQ: HOOD ) is one of the hottest stocks in the market right now, and for good reason.The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn moreJames Foord is an economist by trade and has been analyzing global marke ...

Group 1 - Robinhood stock reached $100 for the first time, marking a week of all-time highs and increased investor confidence, with shares up over 30% since being excluded from the S&P 500 [1] - The company announced a significant strategic move in Europe, launching its most ambitious crypto expansion aimed at transforming financial infrastructure [1] - At a recent event, Robinhood executives presented a vision to bring thousands of tokenized stocks, ETFs, and private equities fully on-chain [2] Group 2 - CEO Vlad Tenev emphasized that the new products serve a dual purpose: to provide excellent offerings to users and to illustrate the potential benefits of merging crypto technology with traditional financial services [3]

Industry Innovation - The industry views the introduction of The Robinhood Chain as a significant win [1] - The Robinhood Chain is the first Ethereum Layer 2 optimized for real-world assets via Arbitrum [1] Company Strategy - Robinhood aims to enable seamless trading of real-world assets in seconds, eliminating reliance on brokers [1] - Robinhood is expanding its services from public to private to global asset trading [1]

RT caitlin (@caitlinxyz)Attended Robinhood’s crypto event in person on Monday. The guest list alone said a lot: protocol founders side by side with Apollo and Jane Street.Be excited, be fearful.It’s historically been rare to see a company that credibly bridges both sides of the aisle: crypto-native and traditional. Today, Robinhood speaks fluently to both, a powerful position in today's market.While many of the product announcements were expected (US staking, tokenized stocks, perps, their own chain), what ...

Crypto Innovation - Robinhood is introducing the Robinhood Chain, an Ethereum Layer 2 solution optimized for real-world assets [1] - The Robinhood Chain is built via Arbitrum, aiming to facilitate seamless trading of real-world assets [1] - The goal is to enable users to trade assets in seconds without relying on a broker [1]

Core Insights - Robinhood has launched a tokenized stock and ETF service in the EU, allowing eligible users to trade over 200 US stocks and ETFs, including major companies like Nvidia, Microsoft, Apple, and Amazon [1] - The service includes tokenization of private companies like SpaceX and OpenAI, attributed to the EU's more flexible regulatory environment [1] - Robinhood's CEO, Vlad Tenev, views this as a step towards "financial equity," enabling broader access to investments that were previously limited to high-net-worth individuals [3] Group 1: Robinhood's Tokenization Service - The tokenized stocks represent contracts that track the underlying company's stock price and are recorded on the blockchain [1] - Users can only trade these tokens on Robinhood's platform, which acts similarly to an exchange, and transactions are conducted in USD with a 0.10% foreign exchange fee for Euro conversions [2] - The service is regulated under MiFID II, with underlying assets held by licensed US institutions, and Tenev anticipates future SEC oversight for these tokenized stocks [4] Group 2: Market Dynamics and Trends - The trend of private companies remaining unlisted is highlighted, with significant valuations making it difficult for ordinary investors to participate in their growth [3] - The regulatory landscape is evolving, with Chinese brokers like Guotai Junan International obtaining licenses to offer virtual asset trading, indicating a shift in asset allocation strategies [5] - Institutional interest in cryptocurrencies is increasing, with reports showing a net inflow trend for both cryptocurrencies and gold in the near future [5] Group 3: Market Performance - Following the announcement, Robinhood's stock price rose by 12.8%, although it experienced a slight decline of 1.39% the following day, with a market capitalization of $81.48 billion [7] - The stock has seen significant gains, with a 41.5% increase in June and a 34.7% rise in May [7]

Company Strategy & Focus - Robinhood is shifting its focus from Bitcoin and memecoins to real-world assets with fundamental utility [1] - Robinhood deployed 213 tokens on Arbitrum [1] - Robinhood is offering 24/7 trading for 450 million European consumers [1] Tokenization & Infrastructure - Robinhood has tokenized OpenAI and SpaceX shares [1] - Arbitrum's price ($ARB) is down 5.7% despite being the infrastructure provider [1] - Infrastructure providers often fail to capture the value [1] Financial Performance & Holdings - Renaissance Technologies holds $1.4 billion in Robinhood stock ($HOOD) [1] - Robinhood stock ($HOOD) is hitting all-time highs (ATHs) [1]

Group 1 - Paxos has launched the USDG stablecoin in the EU, supported by major institutions like Robinhood, Mastercard, and Kraken, providing access to over 450 million consumers across 30 countries [1][2] - USDG has received certification under the EU's Markets in Crypto-Assets (MiCA) regulation and is regulated by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore [1] - The stablecoin will be issued by Paxos Issuance Europe OY, which complies with the new EU crypto asset framework, and will maintain cash reserves in European banks for one-to-one redemption [1] Group 2 - There is a growing demand for dollar-pegged currencies, with USDG expected to compete with other regulated stablecoins like Circle's USDC, which is currently the largest MiCA-compliant token [2] - USDG is set to launch in November 2024 and will support the Global Dollar Network (GDN), a coalition of industry leaders aimed at promoting stablecoin adoption [2] - Robinhood has announced a comprehensive suite of crypto products, enhancing its competitive position in the crypto market and indicating the emergence of "tokenized Wall Street" [2]

RT Pope (@web3tokenomics)heavy Hyperliquid users don't use neither Coinbase nor Robinhood.they are onchain, cause Hyperliquid can't lock up their account when they choose to.I can't imagine a user going on coinbase or robinhood, depositing 50m and longing 40x BTC without getting the account locked instantly asking for source of funds and size of underwear.yet you have CT idiots calling for stuff like this. ...