MENLO PARK, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ("Robinhood") (NASDAQ:HOOD) today announced that it will be participating in the upcoming Deutsche Bank Global Financial Services Conference on Thursday, May 30, 2024. Robinhood Chief Financial Officer Jason Warnick is scheduled to present on Thursday, May 30, 2024, at 10:00 AM PT / 1:00 PM ET. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. Following the presentation, a r ...

While Robinhood remains a relatively minor player in what has become a highly competitive space, the company's improvements and improving financial position give the stock a long-term upside that makes it worthy of consideration to be part of a long-term portfolio. Here are the specifics you need to know. Incentives are winning over business Robinhood is a well-known name in the investing community, most famous for its popularity with retail investors. The arguable downside of Robinhood's reputation as a tr ...

Cathie Wood's ARK Invest funds were unstoppable in 2020 as investors piled into disruptive innovation stocks during the low-rate lockdown environment. After peaking in early 2021, the ARK funds — most notably the ARK Innovation Fund (NYSEARCA:ARKK) — went on a multi-year decline, eventually bottoming out at the tail end of 2022. Today, the technology sector bull market is alive and well, thanks in part to the generative artificial intelligence (gen AI) rush and hopes for future Fed rate cuts. Despite tech's ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Robinhood Markets, Inc. (HOOD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HOOD broke through the 50-day moving average, which suggests a short-term bullish trend. The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend. The bull ...

An uplift in retail trading volume could boost earnings over the coming quarters, says this Wall Street analyst. Shares of Robinhood Markets (HOOD 12.23%) soared over 20% this week, according to data from S&P Global Market Intelligence. The retail brokerage that pioneered free stock trading got an analyst upgrade and saw a benefit from sentiment around the return of retail day traders. As of this writing, the fintech disruptor is up 62% year to date (YTD). Is the stock a buy at these prices? After this stoc ...

Robinhood Markets Inc (NASDAQ: HOOD) is flying high on Friday after a Bank of America analyst issued a super bullish note in its favour. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Robinhood stock could gain another 22% Copy link to section Craig Siegenthaler doubled upgraded the financial technology company this morning to "buy" and said its shares could climb to $24 which suggests another 22% upside from here. The analyst is positive on Robinho ...

IPO Stock Of The Week Robinhood Markets (HOOD) surged past an alternative buy point Friday, adding to its big gains. Robinhood stock is on Investor's Business Daily's IPO Leaders screen. X Robinhood stock is rapidly nearing a cup base's 20.55 buy point, according to IBD MarketSurge pattern recognition. Meanwhile, a decisive move above the May 9 high at 19.47 offers investors an early buy trigger. The relative strength line is nearing a fresh high. That's a sign of significant stock market outperformance tha ...

Forget the meme stocks. Buy Robinhood stock instead. Robinhood Markets (HOOD 10.38%) stock shot higher Friday afternoon after BofA Securities analyst Craig Siegenthaler double-upgraded the stock from "underperform" to "buy" and added another $10 to his previous $14 price target. As of 12:30 p.m. ET, Robinhood stock is up 12%. What Bank of America says about Robinhood stock Bank of America initiated coverage of Robinhood stock shortly after its 2021 initial public offering (IPO), at a time when retail engage ...

Robinhood (NASDAQ:HOOD) stock is up on Friday after the financial services platform company got a new price target from Bank of America analysts. This has the Bank of America analysts increasing their price target for HOOG stock from $14 per share to $24 per share. That represents a potential 34% upside from the stock's prior closing price. It's also bullish next to the analysts' consensus price prediction of $19.75 per share. In addition to this, Bank of America also have HOOD stock a double upgrade today. ...