Robinhood Buys AI-Powered Platform Pluto
Robinhood(HOOD) Investopedia·2024-07-01 19:40Key Takeaways Robinhood is buying AI-powered investment research platform Pluto Capital for an undisclosed price. The company said the addition of Pluto Capital will improve its customers' experience through improved data analytics, investment strategies, and portfolios. Pluto founder and CEO Jacob Sansbury will join Robinhood to help with the integration of its technology. Shares of Robinhood Markets (HOOD) climbed about 1% to $22.85 in intraday trading Monday after the online trading site moved to add an ...