MENLO PARK, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) announced that it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, after market close. Robinhood will host a video call to discuss its results at 2:00 PM PT / 5:00 PM ET on the same day. The video call and supporting materials will be available at investors.robinhood.com. The event will also be live streamed to YouTube and X.com via Robinhood's official channel ...

The financial markets had a spectacular year in 2024. Every major U.S. stock index soared to an all-time high, and even the total value of the cryptocurrency market set a new record of $3.9 trillion. Robinhood Markets (HOOD 1.20%) cashed in on the euphoria as trading activity surged across the board on its investing platform throughout the year.As a result, Robinhood stock is up by a whopping 115% over the past 12 months, and Wall Street is growing increasingly bullish on the company's prospects. The Wall S ...

$41.62 -0.30 (-0.72%) 52-Week Range $13.98 ▼ Robinhood Markets Today HOOD Robinhood Markets $66.91 P/E Ratio 26.51 Price Target $60.82 Add to Watchlist Robinhood Markets, Inc. NASDAQ: HOOD, the platform synonymous with commission-free trading and the surge of retail investor activity in recent years, is making a dramatic pivot. Known for democratizing access to stock, options, and cryptocurrency markets, the company is now setting its sights on the core territory of traditional finance: banking and wealth m ...

Core Insights - Robinhood Markets Inc. is shifting its business model to offer an integrated suite of financial services aimed at retail investors seeking private banking and wealth management solutions [1] Group 1: New Offerings - Robinhood plans to launch a private banking product with a 4% yield (APY) for savings accounts, targeting its "Gold" subscribers [2] - The new services will include on-demand cash delivery, checkbook ordering, bill payments, and free international money transfers [3] - A personalized wealth management product called "Robinhood Strategies" will be introduced, featuring a 0.25% annual fee capped at $250 for premium subscribers [4] - The wealth management services will be enhanced with an AI tool named Robinhood Cortex, designed to help investors optimize their portfolios [5] Group 2: Strategic Positioning - The company aims to fill a gap in wealth management by offering services that are more affordable than traditional advisors yet more personalized than generic robo-advisors [6] Group 3: Recent Developments - In February 2025, Robinhood completed a $300-million acquisition of TradePMR, positioning itself within the $7-trillion registered investment adviser (RIA) industry [7] - The company launched a Futures trading platform in January 2025, contributing to a nine-figure revenue stream [8]

Core Viewpoint - Massachusetts' securities regulator is investigating Robinhood's prediction-markets hub, raising concerns about its impact on young investors and potential gambling implications [1][2]. Group 1: Regulatory Investigation - The Secretary of State Bill Galvin's office has issued a subpoena to Robinhood for marketing materials and data on brokerage account users trading college sports event contracts [1]. - Galvin expressed concerns about the potential risks of linking popular events with brokerage accounts, suggesting that the prediction markets may be akin to gambling [2]. Group 2: Company Response - A Robinhood spokesperson stated that the prediction markets are regulated by the Commodity Futures Trading Commission (CFTC) and are offered through CFTC-registered entities, emphasizing the safety and regulation of these products [3]. - Robinhood launched its prediction markets hub on March 17, allowing users to trade on event outcomes, including the target Fed funds rate and college basketball tournament winners [4]. Group 3: Company Initiatives - JB Mackenzie, Robinhood's vice president, expressed excitement about providing customers with a new way to engage in prediction markets while ensuring compliance with existing regulations [5]. - In a previous case, Robinhood agreed to pay a $7.5 million fine and improve its digital engagement practices due to accusations of using gamification strategies to manipulate customers [6].

Shares of Robinhood Markets Inc. (HOOD) jumped 13% last week, recouping some of the lost value in the major broader market sell-off that started in the last week of February. The rise coincided with the company’s announcement of the launch of a prediction markets hub directly within the Robinhood app. Rating upgrades from two investment firms also lifted investor sentiments.Despite solid performance last week, HOOD stock is still down 3.4% in the past month. The stock fared better than the industry’s declin ...

Core Viewpoint - The recent selloff in Robinhood's stock presents a buying opportunity due to outstanding earnings performance [1] Group 1: Earnings Performance - Robinhood's earnings are described as outstanding, which has led to an upgrade in the stock's outlook [1] Group 2: Analyst Background - The analyst has a decade of experience in stock market trading, specializing in equities and options, particularly in the Tech and Healthcare sectors [1] - The analyst holds a Master's degree in Economics and utilizes research and technical analysis to inform investment strategies [1] Group 3: Investment Position - The analyst maintains a beneficial long position in Robinhood shares through stock ownership, options, or other derivatives [1]

Robinhood is bringing NCAA futures to the platform, which makes this look more like a gambling app than an investing platform.Robinhood (HOOD 2.01%) has gotten a lot of attention for its NCAA tournament futures, and not in a good way. Many observers think this is akin to gambling, but is there a bigger story here? Travis Hoium digs into where these contracts could add value to the company and investors.*Stock prices used were end-of-day prices of March 18, 2025. The video was published on March 19, 2025. ...

Sports betting stocks are in the spotlight as March Madness drives a surge in wagering activity, with DraftKings Inc (NASDAQ:DKNG), Robinhood Markets Inc (NASDAQ:HOOD), and Flutter Entertainment PLC (NYSE:FLUT) all making notable moves. The annual college basketball tournament is one of the biggest betting events of the year, and investors are closely watching these stocks for signs of sector momentum.DraftKings stock was last seen up 1.5% at $39.09, though it has cooled off in recent weeks. After hitting a ...

This 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 century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributor Elijah Buell.Analyst’s Disclosure: I/we have a beneficial lo ...