About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Shares of Robinhood Markets Inc (NASDAQ:HOOD) are up 3.2% at $27.93 at last glance, and trading at nearly three-year highs. The trading platform today announced that users, if meeting certain criteria such as U.S. citizenship, can trade contracts to bet on the U.S. presidential election. On the charts, Robinhood stock is above all moving averages between the 20- and 320-day trendlines, with recent support from the former. Now trading at its highest levels since Nov. 2021, the equity is up 118.8%. Though cal ...

Robinhood Markets (HOOD) is slated to announce third-quarter 2024 results on Oct 30, after market close. One of the HOOD's peers, Tradeweb Markets Inc. (TW) , is also scheduled to announce quarterly numbers on the same day. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Robinhood's second-quarter performance was impressive. Results benefited from the trading surge especially the crypto-trading boom, higher net interest income and a jump in Gold subscribers. This drove the company' ...

In this articleHOODNDAQICEThe New York Stock Exchange is seen during morning trading on October 04, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesThe New York Stock Exchange, owned by Intercontinental Exchange, wants to do trading 22 hours a day during the week. Is that good for the markets? The Big Board announced on Friday that it was seeking approval to expand trading on its electronic Arca platform from 16 hours a day to 22 hours a day (pausing between 11:30 p.m. and 1:30 ...

The upcoming report from Robinhood Markets, Inc. (HOOD) is expected to reveal quarterly earnings of $0.18 per share, indicating an increase of 300% compared to the year-ago period. Analysts forecast revenues of $661.21 million, representing an increase of 41.6% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 5.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates ...

The market expects Robinhood Markets, Inc. (HOOD) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these ...

In the latest market close, Robinhood Markets, Inc. (HOOD) reached $27.41, with a +1.63% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.05%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%.Shares of the company witnessed a gain of 18.81% over the previous month, beating the performance of the Finance sector with its loss of 4.85% and the S&P 500's gain of 2.76%.The investment community will be closely monitoring the performance of Robin ...

Piper Sandler analyst Patrick Moley maintained an Overweight rating on Robinhood Markets, Inc HOOD and raised the firm's price target to $30 from $27. The price target represents ~8 times Moley's new 2026 revenue EPS estimate (up from ~7 times 2026 previously) to reflect the incremental revenue opportunity presented by adding index options & futures. Last week, Robinhood hosted its first inaugural Robinhood Markets Summit 2024 and introduced several new products to its customer base. Also Read: Microsoft, S ...

Core Viewpoint - Robinhood is launching margin investing in the U.K., allowing users to borrow cash against their existing assets to purchase additional securities, following approval from the Financial Conduct Authority (FCA) [1][4]. Group 1: Product Launch and Features - The margin trading option enables U.K. users to leverage their asset holdings as collateral for additional investments [1]. - Robinhood previously introduced a securities lending product in the U.K. in September, aimed at increasing its market share abroad [2]. - The platform offers competitive interest rates for margin loans, ranging from 6.25% for loans up to $50,000 to 5.2% for loans of $50 million and above [2]. Group 2: Market Context and Strategy - Margin trading is uncommon in the U.K. due to regulatory concerns, with many platforms limiting access to high-net-worth individuals [1][2]. - Robinhood aims to break down barriers to entry for retail investors, providing access to advanced trading tools typically reserved for professional traders [2]. Group 3: Risk Management and User Eligibility - Margin trading involves significant risks, as it allows investors to increase trade sizes using borrowed money, which can lead to substantial losses if asset values decline [3][4]. - To mitigate risks, Robinhood requires users to have a minimum of $2,000 in their accounts to trade on margin and mandates that customers opt in to use the product [4][5]. - The company emphasizes that margin investing is not suitable for novice investors and has implemented eligibility criteria to ensure appropriateness for users [5].

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Robinhood Markets, Inc. (HOOD) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Robinhood Markets, Inc. is one of 871 individual stocks in the Finance sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring ...