The online brokerage is adding parlay-like opportunities to its prediction market platform. Since online brokerage Robinhood (NASDAQ:HOOD) launched its prediction market platform just before the 2024 presidential election, the service has taken off. It has become Robinhood's fastest-growing product line in roughly one year. In the third quarter, the prediction market generated $100 million in revenue, which is about 8% of the $1.27 billion in total revenue the company made. It helped the company achieve rec ...

Core Viewpoint - Robinhood is aggressively expanding into prediction markets, particularly with features related to the NFL, which is expected to drive user engagement and revenue growth [1][4][5]. Company Overview - Founded in 2013, Robinhood has become a significant player in the fintech space, offering commission-free trading across various asset classes through a user-friendly mobile app [3]. - The company targets younger, first-time investors, aiming to make financial markets more accessible [2]. Recent Developments - Robinhood's recent partnership with Kalshi and plans to launch a futures and derivatives exchange with Susquehanna International highlight its commitment to expanding its prediction market offerings [6]. - The introduction of new NFL-focused prediction-market features allows users to trade on multiple outcomes, enhancing user interaction with live events [4][15]. Financial Performance - In Q3 2025, Robinhood reported a 100% year-over-year increase in total net revenues to $1.27 billion, surpassing expectations [9]. - Transaction-based revenues surged 129% year-over-year to $730 million, with crypto trading revenues increasing over 300% to $268 million [10]. - Adjusted EBITDA rose 177% year-over-year to $742 million, and EPS increased 259% year-over-year to $0.61, exceeding consensus estimates [11]. User Growth - The user base expanded significantly, with funded customers increasing 10% year-over-year to 26.8 million and investment accounts growing 11% to 27.9 million [12]. - Total platform assets skyrocketed 119% year-over-year to $333 billion, driven by net deposits and higher asset valuations [12]. Market Sentiment - Wall Street analysts maintain a broadly optimistic outlook on Robinhood, with a consensus "Moderate Buy" rating and an average price target of $155.37, indicating a potential upside of approximately 31.7% [18][19].

THIS WEEK TO ESSENTIALLY ALLOW USERS TO PUT PARLAY BETS ON NFL GAMES, WILL THOSE LEVELS CLIMB EVEN HIGHER. LET'S BRING IN STEVE QUIRK, THE CHIEF BROKERAGE OFFICER AT ROBINHOOD. STEVE, DO YOU TALK NFL PARLAYS NOW.IS THAT GOING TO BE PART OF THE JOB. WELCOME. >> THANK YOU.APPRECIATE IT BEING HERE KELLY. YEAH I THINK WE WE TALK ABOUT LIKE WE HAVE OVER 1500 CONTRACTS ACROSS A VARIETY OF OF ECONOMIC INDICATORS, POLITICAL ELECTIONS, YOU KNOW, WHETHER CULTURAL INDICATORS. SO SO I THINK SPORTS OF COURSE IS A BIG A ...

Key Points Robinhood has announced new AI-powered trading tools for Robinhood Gold members. The company is also rolling out new ways to bet on sports. 10 stocks we like better than Robinhood Markets › Robinhood (NASDAQ: HOOD) stock is up 2.7% as of 12:40 p.m. ET Thursday. Robinhood investors are reacting to an announcement that first appeared on the company's blog two days ago -- which received wide attention yesterday afternoon: Robinhood is doubling down on sports betting. Image source: Getty Im ...

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors mixed with BTC leading at $87,400 Coinbase rolled out several new products including prediction markets, stocks, equity perps, DEX and more DTCC to issue tokenized securites on Canton Network Citadel and other banks plan to spend $100M to counter crypto spend in ...

And McKenzie Seagalo spoke with the CEO Brian Armstrong and has more. What is going on with Coinbase. Mackenzie.>> Hey Brian. So Coinbase is rolling out a major slate of new features designed to turn its app into a one-stop financial platform adding stocks, more advanced trading and prediction markets while also doubling down on its onchain ecosystem and tools for businesses and developers. Now, I just sat down with CEO Brian Armstrong, and he insists this is not a copy paste of the Robin Hood playbook.Coin ...

Core Insights - Coinbase Global, Inc. has launched several new products aimed at expanding its offerings and competing with traditional investing platforms [2][3] Group 1: New Product Offerings - Coinbase introduced a stock trading feature that allows users to buy stocks directly on its platform, starting with select U.S. users [2] - The company plans to implement tokenized trading to bring more assets on-chain [2] - Coinbase has integrated with Kalshi to enhance its prediction markets, allowing users to trade various contracts using USDC or their crypto balance without needing to transfer funds [3] Group 2: Market Reaction - Following the announcement of new features, Coinbase shares rose by more than 1% in after-hours trading, reaching $247.50 [4] - Despite a nearly 8% decline in the stock over the past month due to a downturn in the crypto market, the stock remains slightly up for the year [4]

Core Viewpoint - The discussion highlights the evolving landscape of retail investing, particularly focusing on Robinhood's position amidst changing consumer behaviors and market dynamics, including the correlation with cryptocurrencies and potential revenue growth from new products. Group 1: Market Trends and Consumer Behavior - There is an observed trend of increased risk-seeking behavior among retail investors, evidenced by rising investments in cryptocurrencies and options trading, particularly zero DTE options [2] - Despite a slight dip in overall trading volumes due to declining prices in growth stocks and cryptocurrencies, Robinhood's average daily trades and user activity have remained stable [3] Group 2: Robinhood's Business Model and Revenue Growth - Robinhood is expected to see a decline in the correlation of its stock with cryptocurrencies over time, as its revenue model shifts towards net interest revenues and customer lending [4][5] - The company possesses strong operating leverage and incremental margins, allowing increased revenues from new users and products to significantly enhance profitability [6][7] - The high fixed cost base of Robinhood means that additional revenue can largely contribute to the bottom line, creating opportunities for further investment and growth [6][7]

Robin Hood rolling out some new prediction markets features. Mackenzie Sagalas is here with those details. Mac, >> hey Scott.So, Robin Hood users can now trade what are essentially parlays and prop bets on the NFL inside the app. These are event contracts tied to game outcomes, totals, and spreads. And they're also adding contracts on individual players, like whether someone scores a touchdown or hits a yardage mark.Now, they say early next year, it will let users build custom combos. It's that stitch toget ...

Robinhood rolls out updates to its AI assistant and prediction market offerings. Robinhood CEO Vlad Tenev addressed concerns about integrity and consumer protection in prediction markets. He said that sports-prediction markets are regulated entirely differently from sports betting, and have had the proper infrastructure in place "for decades" to manage threats from corporate insiders trading based on proprietary information. ...