Cathie Wood-led Ark Invest has carried out its routine portfolio rebalancing, leading to the purchase of some BitMine Immersion Technologies (BMNR) stock. Shares of Robinhood Markets Inc. (NASDAQ: HOOD), which were recently added to the S&P 500 index, were offloaded by the asset management firm. BitMine Stocks Record Price Gain Ark Invest recently cut down on its stake in Robinhood’s stock to accommodate Tom Lee’s BMNR, making a notable pivot in the firm’s financial portfolio. The acquisition of 101,95 ...

Robinhood Markets, Inc. (HOOD) shares soared 15.8% in the last trading session to close at $117.28. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.7% loss over the past four weeks.On Sept. 5, the S&P Dow Jones Indices announced that Robinhood would join the S&P 500 as part of its quarterly rebalance, effective Sept. 22, replacing Caesars Entertainment. The move marks a major milestone for both Robinhood and the broader U.S. f ...

Robinhood (HOOD) stock jumped more than 15% on Monday on the news that it will soon join the S&P 500, as quoted on Yahoo Finance. The move strengthened Robinhood’s position among the largest publicly traded companies in the United States. Robinhood shares have outperformed the broader industry over the past year. HOOD stock has skyrocketed about 519% over the past year.Strong Earnings PerformanceIn late July, Robinhood Markets, Inc. reported second-quarter 2025 earnings of $0.42 per share, beating the Zacks ...

Core Insights - Robinhood Markets (HOOD) shares surged following the announcement of its inclusion in the S&P 500 index, reflecting positive market sentiment towards the retail trading platform [2][3]. Company Performance - Robinhood's stock price increased by 16% to $117.28, marking a record closing high, and has more than tripled since the beginning of the year due to a resurgence in retail trading activities [4]. - The stock broke out from a falling wedge pattern, indicating a continuation of its broader uptrend, with significant trading volume observed prior to the announcement [5][7]. Technical Analysis - Technical analysis suggests a potential bullish price target of around $230, with the possibility of this upward movement continuing until December [7][9]. - Key support levels to monitor during potential pullbacks include $100, $78, and $67, which are critical for investors looking for buying opportunities [10][11][12].

BREAKING: Futures Mixed But Oracle Skyrockets On Blowout Outlook Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, traded little changed ahead of Tuesday's open after the Nasdaq composite hit a new all-time high Monday. Meanwhile, the new Apple (AAPL) iPhone event and key inflation data loom later this week. Elsewhere, Astera Labs (ALAB), Nvidia (NVDA), Palantir Technologies (PLTR), Robinhood (HOOD) and Tesla (TSLA) were big movers… Related news Palantir Leads 9 Newcomers Onto IBD Best ...

Robinhood (HOOD) shares are up 15% on Monday after the online trading platform confirmed it will replace Caesars Entertainment (CZR) in the benchmark S&P 500 Index ($SPX) on Sept. 22. The upcoming inclusion in the S&P 500 marks a significant milestone for the Nasdaq-listed financial technology company, which was once seen as a meme stock only. More News from Barchart Robinhood stock has been a game-changing investment in 2025. At the time of writing, the retail brokerage is trading up nearly 300% versus ...

Welcome to Market Catalyst. I'm Jared Blickery. We are 30 minutes into the US trading day and let's get now to the three market catalysts that we are watching this hour. First up, we're going to break down the latest on the trade front as the US nears a deal with South Korea. Plus, oil prices slightly higher today. OPEC will be boosting output, but critically at a slower pace. Details to come and what it means for prices at the pump. And we're going to discuss the state of the consumer ahead ahead of key in ...

Group 1 - Robinhood Markets' shares have risen by 13.5% following the announcement of its inclusion in the S&P 500 index, while the S&P 500 and Nasdaq Composite have gained 0.1% and 0.5% respectively [1] - The company will officially join the S&P 500 index on September 22, replacing Caesars Entertainment, which typically leads to increased demand for the stock as fund managers adjust their portfolios [2][7] - Robinhood's inclusion in the S&P 500 validates the company in the eyes of investors and is expected to attract more institutional interest, especially as it continues to innovate and expand its product offerings [3] Group 2 - The CEO of Robinhood, Vladimir Tenev, previously expressed uncertainty about the timing of the company's inclusion in the S&P 500 during a shareholder meeting, indicating it was a challenging goal to plan for [3] - Despite the stock carrying a significant premium, there is optimism regarding the company's future success [4]

S&P Global said Friday that Robinhood will replace Caesars Entertainment in the stalwart U.S. market index. The change will take place before the beginning of trading on Sept 22.Shares jumped more than 14% in midday trading on Monday. If that holds through the closing bell, Monday would mark the stock's best day since early April.Robinhood shares surged after S&P Global said it would add the online brokerage to the S&P 500 , ending months of speculation about its addition.Robinhood's inclusion follows sever ...

Key Takeaways Robinhood is joining the S&P 500 as part of the quarterly rebalance, boosting its market credibility.Strong crypto and options volumes fueled record results, driving HOOD's shift to a diversified brokerage.HOOD shares have soared 171.7% this year, far outpacing the industry's 22.1% gain in the same period.In a landmark moment for the Fintech sector, Robinhood Markets (HOOD) is joining the S&P 500 index as part of the quarterly rebalance. This underscores the company’s transformation from a dis ...