Sei @SeiNetwork 上了 Robinhood，老粉丝应该都知道我参与过 Sei 比较多，他们的链上生态一直没怎么做出 degen 化的好项目。但目前看来这也是一种策略选择，极致的合规，或者极致的生态具体他们做了哪些合规的举措，比如 BlackRock、Apollo、Circle 都已经和 Sei 合作过了，去年灰度的候选资产列表里也有 Sei，总体来说生态没怎么 focus，合规拉满了也是种路子Sei 联创 Jay 算是 Robinhood 的早期工程师之一，所以 Sei 本身就是一条定位自己是链上金融的链，基本还是一脉相承的。大盘太差了，多看看他链上有没有能撸的吧Sei (@SeiNetwork):$SEI is now available to trade on @RobinhoodApp. https://t.co/ZKWj4D9CVJ ...

Core Viewpoint - Robinhood Markets has experienced significant growth, with a market cap of approximately $130 billion and a stock price increase of over 420% in the past year, positioning it as a leading trading platform, particularly among younger investors [1][2]. Business Performance - The company has transitioned from being unprofitable in 2023 to achieving impressive profit margins of around 40%, indicating strong operational improvements [3]. - Robinhood's platform facilitates easy trading of stocks and cryptocurrencies, as well as participation in prediction markets, contributing to its growth trajectory [2]. Market Sentiment and Valuation - The stock is highly favored by retail investors, reflected in a price-to-earnings multiple exceeding 70, suggesting bullish sentiment regarding its long-term growth potential [4]. - Despite the challenges of reaching a $1 trillion market cap, the stock's performance this year exemplifies its potential for rapid appreciation, with a required increase of approximately 670% from current levels [5]. Growth Opportunities - Robinhood has ample growth avenues in crypto, stock trading, and prediction markets, which could drive its valuation higher by the end of the decade [5]. - The company has recently expanded into new prediction markets, such as those for the NFL and college football, which could further enhance its earnings [3]. Risks and Market Conditions - The overall market sentiment poses a risk, as the stock's performance is influenced by trends in meme stocks and speculative investments [6]. - Historical context shows that economic downturns, such as the one in 2022, can lead to significant declines in stock value, which could hinder Robinhood's growth trajectory [7][8].

Group 1 - The stock market experienced a mixed performance in October, described as a "trick-or-treat" month, with several companies set to report earnings, including Palantir, Robinhood, AMD, AppLovin, and Astera Labs [1] - Dow Jones, S&P 500, and Nasdaq futures are expected to open on Sunday evening, indicating ongoing market activity [1] - Berkshire Hathaway is scheduled to report earnings on Saturday, facing challenges since Warren Buffett's recent announcements [1] Group 2 - Palantir is highlighted as a leader in AI software, alongside several energy stocks, making it one of the best stock options for new investors [4] - The stock market is showing signs of recovery, with October marking a seven-year best for the Nasdaq [4] - Palantir's stock has reached new highs, raising questions about the potential impact of a government shutdown on its Q4 guidance [4]

RT Sei (@SeiNetwork)NOW LIVE: Robinhood has officially listed SEI.With 25M+ users and $13B+ in monthly crypto trading volume, Robinhood is the #1 retail trading app in the U.S. https://t.co/LJNOAdb3it ...

RT Sei (@SeiNetwork)NOW LIVE: Robinhood has officially listed SEI.With 25M+ users and $13B+ in monthly crypto trading volume, Robinhood is the #1 retail trading app in the U.S. https://t.co/LJNOAdb3it ...

Group 1 - The stock market experienced a mixed performance in October, described as a "trick-or-treat" month, with several companies set to report earnings, including Palantir, Robinhood, AMD, AppLovin, and Astera Labs [1] - Dow Jones, S&P 500, and Nasdaq futures are expected to open on Sunday evening, indicating ongoing market activity [1] - Berkshire Hathaway is scheduled to report earnings on Saturday, facing challenges since Warren Buffett's recent announcements [1] Group 2 - Palantir is highlighted as a leader in AI software, alongside several energy stocks, as part of the best stock lists for new investors [4] - The stock market is showing signs of recovery, with October marking a seven-year best for the Nasdaq [4] - Palantir's stock has reached new highs, raising questions about the potential impact of a government shutdown on its Q4 guidance [4]

Core Insights - A business-friendly regulatory environment is significantly benefiting companies like Robinhood, contributing to its stock price increase in 2025 [1] Company Summary - Robinhood's stock has seen a notable rise of 6.49% as of October 28, 2025, attributed to favorable deregulatory conditions and increasing asset prices [1]

Core Insights - Jim Cramer highlights upcoming earnings reports from key companies including Palantir, McDonald's, Robinhood, and Warner Bros Discovery, expressing an optimistic outlook for November despite concerns over consumer-oriented companies due to a government shutdown [1][2] Company Earnings Outlook - Palantir is expected to perform well, with Cramer praising its management and maintaining a long-term positive view, despite potential profit-taking after the quarter [3] - Clorox is described as a conundrum, with its stock down over 30% year-to-date, which is unusual for consumer packaged goods during economic uncertainty [3] - Pfizer's earnings are anticipated to be pivotal, with Cramer questioning whether it will break out of its recent dull performance [4] - Shopify and Uber are viewed as reliable winners, with optimism surrounding their upcoming results [4] - McDonald's is seen as a barometer for consumer health, while Robinhood is expected to report strong earnings due to its success in attracting investors [5] - Warner Bros Discovery's earnings will be closely watched for signs of potential takeover preparations [5] Investor Sentiment - Berkshire Hathaway's earnings report is expected to prompt profit-taking as CEO Warren Buffet transitions from his long-held position [2] - Cramer expresses a positive sentiment towards AMD as a strong competitor to Nvidia and praises Axon for its innovative products [4] - Bank of America is expected to provide a positive narrative about the economy during its investor day [5] - Cramer suggests buying Constellation Energy while advising against investing in Wendy's [5]

Order Flow and Market Orders - Non-directed orders accounted for 100% of all orders, with market orders representing 41.30% of non-directed orders[1] - The report highlights a significant reliance on non-directed order flow, emphasizing the importance of marketable orders in trading strategies[1] - The data reflects a competitive landscape among venues, with varying percentages of non-directed and directed orders across different firms[2] - Non-directed orders accounted for 100% of all orders, with market orders making up 37.66% of non-directed orders[9] - Non-directed orders accounted for 100% of all orders, with market orders representing 1.07% of non-directed orders[19] - Total non-directed orders accounted for 100% of all orders, with market orders as 1.14% of non-directed orders[44] - The overall non-directed orders as a percentage of all orders stood at 100%, with market orders comprising 42.68% of non-directed orders[54] - Non-directed orders accounted for 100% of all orders, with market orders making up 37.85% of non-directed orders[62] - Non-directed orders accounted for 100% of all orders, with market orders representing 28.28% of non-directed orders[71] Payments and Revenue - Virtu received net payments of $473,850.75 for market orders, with a payment rate of 56.35 cents per hundred shares[2] - Jane Street received net payments of $241,197.43 for market orders, with a payment rate of 73.59 cents per hundred shares[2] - CITADEL SECURITIES received net payments of $202,653.62 for market orders, with a payment rate of 28.94 cents per hundred shares[2] - Two Sigma Securities, LLC received net payments of $74,813.07 for market orders, with a payment rate of 50.52 cents per hundred shares[2] - The overall marketable limit orders received by CITADEL amounted to $109,002.12, with a payment rate of 58.95 cents per hundred shares[2] - The net payment received for market orders was $3.73 per hundred shares, reflecting a 7.1% increase from the previous quarter[4] - The net payment received for marketable limit orders by Citadel Securities was $17,014,342.53, with a payment rate of 44.86 cents per hundred shares[20] - The total net payment received for marketable orders was $15,988,036.40[72] - Citadel Securities LLC received net payments of $380,851.65 for market orders, translating to 30.7388 cents per hundred shares[74] Market Strategies and Future Outlook - Robinhood Financial LLC is committed to maintaining a competitive edge through innovative financial products and services tailored to customer needs[4] - Future guidance suggests a continued emphasis on increasing user engagement and transaction volumes, aiming for a 10% growth in active users by the end of 2025[4] - The company is focusing on expanding its market presence and enhancing its technology offerings to improve customer experience and order execution efficiency[4] - The company emphasizes customer discretion in the execution of certain orders, categorizing them as "not held" orders[61] - The company reported a significant increase in customer orders, reflecting a strong demand in the market[68] - Future outlook indicates continued growth in customer engagement and order volume[69] - The company is focusing on expanding its market presence through strategic partnerships and new product offerings[70] Execution and Order Routing - Robinhood Financial LLC routes customer orders to its affiliated clearing firm, Robinhood Securities, LLC, which passes 80% of the revenue received from third-party market centers to RHF[10] - RHS does not execute held orders in a principal capacity, thus excluded from the list of venues mentioned[5] - The amounts reported represent 80% of payments received by RHS for routing equity order flow on behalf of RHF[10] - The execution of fractional share-based and dollar-based customer orders is included in the routing statistics[61] - The revenue sharing agreement indicates that Robinhood Securities passes 80% of the revenue from third-party market centers to Robinhood Financial LLC[54] - Payments made or received by RHS can be found in its quarterly Rule 606(a) report, ensuring transparency in order routing practices[46] Market Order Characteristics - Marketable limit orders constituted 69.32% of market orders for Virtu, indicating a strong preference for liquidity[2] - Marketable limit orders constituted 15.69% of non-directed orders, while non-marketable limit orders represented 41.09%[9] - Marketable limit orders constituted 28.44% of non-directed orders, while non-marketable limit orders made up 53.94%[19] - Marketable limit orders accounted for 28.40% of non-directed orders, while non-marketable limit orders made up 53.77%[44] - The average received for market orders was $14.54 cents per hundred shares for Virtu, $15.02 cents for Jane Street, and $13.41 cents for Citadel[37][39][40]

Core Insights - Wall Street analysts anticipate Robinhood Markets, Inc. (HOOD) to report quarterly earnings of $0.51 per share, reflecting a year-over-year increase of 200% [1] - Expected revenues are projected to be $1.21 billion, which represents a 90.6% increase from the same quarter last year [1] Earnings Projections - Over the last 30 days, the consensus EPS estimate has been revised upward by 15.8%, indicating a collective reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions to the stock [3] Revenue Estimates - Analysts expect 'Revenues- Transaction-based- Options' to be $300.17 million, a year-over-year increase of 48.6% [5] - 'Revenues- Transaction-based- Equities' is projected to reach $82.47 million, indicating a 122.9% increase from the previous year [5] - 'Revenues- Transaction-based- Cryptocurrencies' is estimated at $313.88 million, reflecting a significant year-over-year change of 414.6% [5] - The total 'Revenues- Transaction-based revenues' is expected to be $756.42 million, marking a 137.1% increase from the prior year [6] Net Interest Revenues - 'Revenues- Net interest revenues- Securities lending, net' is forecasted to be $51.10 million, a 169% increase year-over-year [7] - 'Revenues- Net interest revenues- Margin interest' is expected to reach $141.04 million, suggesting a 69.9% year-over-year change [7] - The total 'Revenues- Net interest revenues' is projected at $384.67 million, indicating a 40.4% increase from the previous year [8] Customer Metrics - Analysts project 'Funded Customers' to reach 26.85 million, up from 24.30 million in the same quarter last year [9] - 'Assets Under Custody - Total' is expected to be $306.29 billion, compared to $152.20 billion reported in the same quarter last year [9] Market Performance - Shares of Robinhood Markets have shown a return of -5.2% over the past month, contrasting with the Zacks S&P 500 composite's +2.1% change [9]