Letting retail have easy access to shorts is just perhaps the perfect jet-fuel we need for Uptober.Thank you VladVlad Tenev (@vladtenev):The bears take the stage. Shorting coming soon to Robinhood. https://t.co/HH9DohZE3l ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell. It's a global simulcast.There's Carol Massar, Tim Stenovec in the radio booth. Welcome to our audiences across all of our Bloomberg platforms, including YouTube here on the final trading day of the month and the quarter. Right now, looking at an S&P 500 and a Dow and the Russell 2000 locking in a fifth straight month of gains.Yeah, pretty significant, right. ...

John Todaro from Needham sets a new price target for Robinhood at $145, indicating a bullish outlook.Robinhood's shares surge by more than 10% following its expansion into prediction markets and private-banking style services.The stock is on track to reach a record closing high, trading at $138.49 with a market capitalization of approximately $123.07 billion.Robinhood Markets Inc (NASDAQ: HOOD) is a financial services company known for its commission-free trading platform. It has gained popularity among ret ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end Q3, consider joining Out Fox The Street .Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship wi ...

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Robinhood Stock Hits All-Time High as Company Ups Ante on Prediction Markets► https://t.co/tgAdtgUSV4 https://t.co/tgAdtgUSV4 ...

Core Insights - Robinhood Markets, Inc. has experienced a significant stock surge of 360% since April, with potential for further growth driven by new developments in event contracts [1][6] - The platform has surpassed $4 billion in event contract volume, indicating rapid expansion into new trading areas [2][3] - The increase in event contract activity reflects Robinhood's strategy to diversify revenue streams and enhance user engagement [4] Event Contracts Milestone - CEO Vlad Tenev announced that Robinhood has traded over 4 billion event contracts, with more than 2 billion contracts traded in Q3 alone, showcasing strong user adoption [3][5] - This milestone positions Robinhood as a player in the growing derivatives market, merging investing with prediction markets [3][5] Growth Potential - The introduction of products like crypto trading and extended trading access, alongside event contracts, provides multiple growth avenues for the company [5] - The rapid success in the event contracts segment has generated renewed excitement around Robinhood's growth narrative, suggesting that the current stock rally may just be the beginning [6]

Core Viewpoint - The U.S. Securities and Exchange Commission (SEC) is developing a plan to allow stocks to be traded on the blockchain like cryptocurrencies, facing strong opposition from traditional financial firms such as Citadel Securities [1] Group 1: Market Reactions - Circle's stock increased by over 2% [1] - Robinhood's stock rose by more than 4% [1] - Coinbase's stock saw a nearly 1% increase [1] Group 2: Regulatory Developments - The SEC is in discussions with industry representatives regarding the blockchain trading plan [1] - If approved, investors would be able to purchase tokenized stocks [1]

Core Viewpoint - The Federal Reserve's interest rate cut is expected to have mixed effects on Robinhood Markets, potentially reducing income from idle cash while increasing trading activity from retail investors chasing volatility [1] Group 1: Market Performance and Valuation - Robinhood's stock is currently trading around $136.72, with a market value of $82.6 billion and a price-to-earnings multiple of approximately 46 times trailing earnings, a significant increase from sub-$10 lows two years ago [2] - The company's inclusion in the S&P 500 on September 22 has driven a nearly 16% spike in stock price, as passive funds are now required to hold the stock [3] Group 2: Financial Performance - In the second quarter, Robinhood reported a 45% year-on-year revenue increase to $989 million, with net income of $386 million and earnings per share of $0.42, surpassing Wall Street expectations [5] - The company has achieved seven consecutive GAAP-positive quarters, demonstrating consistent profitability and a shift from its previous reputation as a loss-making disruptor [4] Group 3: Business Model Innovations - Robinhood Gold, the paid membership tier, has over 3.5 million subscribers, providing higher yields on idle cash and lower margin rates, contributing to customer retention [6] - The launch of the Gold Card, offering cashback rewards, has attracted over 300,000 users, enhancing customer engagement within Robinhood's ecosystem [7] Group 4: New Market Opportunities - Robinhood has partnered with Kalshi to offer prediction markets, allowing users to trade contracts on various events, which has seen over four billion contracts traded historically, with two billion in the third quarter alone [8][9] - The company is expanding internationally, launching tokenized versions of over 400 U.S. stocks and ETFs in the EU, and preparing a fee-free Stocks & Shares ISA in the UK [12][13] Group 5: Competitive Positioning - Robinhood's assets under custody have increased to $279 billion, with funded accounts rising to 26.5 million, reflecting a 10% growth [16] - The company differentiates itself by being the most retail-friendly mobile ecosystem, focusing on customer engagement through multiple revenue streams [18] Group 6: Regulatory Environment - An SEC investigation into Robinhood Crypto was closed with no action, alleviating a significant regulatory risk [14] - However, the company faces ongoing scrutiny regarding its reliance on payment for order flow, which could be impacted by potential regulatory changes [15]

Group 1 - Stakk Limited (ASX:SKK) has seen significant interest, with shares rising as much as +56% on a recent trading day and +562% for the month, driven by a deal with T-Mobile and a previous partnership with Robinhood [2][3] - New Murchison Gold (ASX:NMG) has confirmed that revenue will start coming in next quarter, leading to an increase in shares by +8.7% to 3.2 cents each [4] - 29Metals (ASX:29M) experienced a -21.1% drop in shares following seismic activity at its Xantho Extended orebody, although no injuries were reported [5]