Robinhood CEO Vlad Tenev: Meme stock rally is not driving the market like in 2021
CNBC Television·2025-07-31 16:30

Market Trends - Meme stocks are not driving market activity as much as before; instead, AI and electric cars are the primary focus for customer trading and investment [1] - Frontier innovation companies are driving most of the trading volume [2] - The market is in the early stages of a massive platform shift, particularly in AI and innovation [3] Investment Focus - Retail investors are showing significant interest in AI and innovation-driven companies [3] - Customer deposits are directed towards AI and electric car related investments [1] Market Comparison - Current market dynamics differ significantly from 2021, where meme stocks were a dominant force [3] - The influence of meme stocks on overall trading volume has decreased considerably [3]