Key Takeaways BLK ties up with AccessFintech to enhance bilateral connectivity and real-time post-trade collaboration.The partnership aims to give Aladdin clients transparency, faster resolution and lower operational risk.BLK also made a strategic investment in AccessFintech to aid product growth, global expansion and integration.BlackRock Inc. (BLK) has entered into a strategic tie-up with AccessFintech (“AFT”), a leading data and workflow collaboration network for financial markets, to deliver bilateral c ...

Core Insights - Robinhood's stock has surged 250% over the past year, with a current trading price of $115 per share, up from around $8 two years ago, indicating significant growth potential for investors [1][2] - The company has transformed its business model, overcoming previous challenges related to regulatory scrutiny and customer dissatisfaction, leading to a substantial increase in total platform assets from $102 billion to $343 billion since the start of 2024 [3][4] Business Transformation - Robinhood has effectively utilized elevated interest rates to attract capital, encouraging customers to deposit funds onto its platform [4] - The introduction of the Gold membership account has provided a steady income stream, with subscribers engaging more frequently and holding more assets compared to non-subscribers [5] Financial Performance - Recent quarterly results showed revenue of $1.27 billion and earnings per share of $0.61, both slightly exceeding consensus estimates, driven by strong transaction revenue growth and increased net interest income [6] - Transaction-based revenue surged 129% to $730 million, with notable growth in cryptocurrency (up 300%), options (50%), and equities (132%), while average revenue per user rose 82% to $191 [7] Future Growth Opportunities - Robinhood is expanding its offerings, including a prediction markets product that has already surpassed $100 million in annualized revenue, with potential to reach a $300 million run rate [9][10] - The company is also looking to broaden its market by providing retail investors access to private companies through the Robinhood Ventures Fund I and plans to facilitate investments in private AI companies [11] Market Position - Robinhood's current market capitalization stands at $96 billion, with a price-to-earnings ratio of 47 times projected earnings per share, reflecting optimistic growth projections from investors [12][15]

Core Insights - The U.S. equity markets have experienced volatility, with gains in blue-chip tech companies offset by concerns over AI firm valuations, leading to expectations of a market correction [2] - Investors are anxious about the Federal Reserve's potential actions regarding interest rates amid a government shutdown that has created a data vacuum [2] - The upcoming September nonfarm payrolls report is highly anticipated for insights into economic trends and Federal Reserve decisions [3] Momentum Investing Strategy - Momentum investing is characterized by "buying high and selling higher," capitalizing on established trends in stock prices [4] - This strategy has historically generated alpha across various market conditions, though it requires skill to identify trends effectively [5] - A screening strategy has been developed to identify stocks with long-term price momentum and short-term pullbacks [5] Screening Parameters - The screening process selects the top 50 stocks based on the best percentage price change over the past 52 weeks [6] - From these, the 10 worst performers over the last week are chosen to identify those experiencing short-term pullbacks [7] - Stocks with a Zacks Rank 1 (Strong Buy) and a Momentum Style Score of B or better are prioritized for selection [8] Selected Stocks - Seagate Technology Holdings plc (STX) has seen a 169.4% increase over the past year but a recent decline of 11.1%, with a Momentum Score of B [12] - Robinhood Markets, Inc. (HOOD) has surged 231.3% in the past year but dropped 14.6% in the last week, holding a Momentum Score of A [14] - Everus Construction Group, Inc. (ECG) has increased by 46.7% over the past year but declined 13.7% recently, also with a Momentum Score of A [15]

Core Points - Robinhood is launching a sweepstakes for its Gold members, offering a chance to win physical gold bars, including a grand prize of a 1-kilogram gold bar valued at approximately $130,000 and 999 smaller bars valued at around $330 each [2][3]. Group 1: Sweepstakes Details - The sweepstakes is open to Robinhood Gold members from November 3 to November 28, with entries based on net deposits made during this period, earning one entry for each dollar deposited [6][9]. - A maximum of 1,002,000 entries can be accumulated per person, and withdrawals during the sweepstakes will reduce total entries [10][9]. - An alternative entry method is available through mail, allowing non-Gold members to participate, with each valid mail-in entry counting for 3,000 entries [11]. Group 2: Membership and Costs - Robinhood Gold membership costs $5 per month or $50 per year, providing benefits such as a 3.50% interest rate on uninvested cash and access to additional research tools [14][12]. - For existing Gold members, entering the sweepstakes incurs minimal costs beyond moving funds into their brokerage account, while non-members must weigh the cost of membership against the potential prize [15][7]. - The potential trade-off for Gold members includes the interest income lost if funds are moved from higher-yield savings accounts to participate in the sweepstakes [13].

Core Insights - Robinhood Markets, Inc. has partnered with Gopuff to enable users to withdraw cash from their brokerage accounts and have it delivered to their homes, with delivery fees set at $6.99 for retail clients and $2.99 for users with $100K in assets across Robinhood accounts [1][7] Group 1: Partnership Details - The cash delivery service was introduced by Robinhood's CEO Vlad Tenev in March as part of the Robinhood Banking initiative aimed at enhancing the banking experience for Robinhood Gold members [2] - Deepak Rao, vice president of Robinhood Money, emphasized that this service could reduce the necessity of visiting banks or ATMs, allowing cash to be delivered similarly to other goods [3] - The service is currently launched in New York, with plans to expand to cities like San Francisco, Philadelphia, and Washington in the coming months [4][7] Group 2: Service Requirements - To utilize the cash delivery service, clients must subscribe to the $5 monthly Robinhood Gold plan and maintain a minimum balance of $1,000 in monthly direct deposits into their Robinhood bank accounts [4][7] - Customers will need to verify their identity through a code to receive cash deliveries, differentiating it from standard package deliveries [3] Group 3: Strategic Direction - This initiative aligns with Robinhood's strategy to become a comprehensive financial services provider, diversifying its offerings to capture market share and enhance profitability [5] - Recent expansions include launching futures trading in the UK, introducing Robinhood Ventures for retail access to private markets, and implementing the "Asset Match" feature for registered investment advisers [5] Group 4: Market Performance - Robinhood's stock (HOOD) has seen a significant increase of 100.3% over the past six months, outperforming the industry average growth of 23.3% [6] - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [8]

Investment Rating - The report maintains a "Buy" rating for Robinhood Markets with a target price of $150.00, representing a 23% upside from the previous closing price [3][48]. Core Insights - Robinhood's financial performance in Q3 2025 showed significant growth, with total revenue reaching $1.274 billion, doubling year-over-year and increasing nearly 30% quarter-over-quarter. Net profit surged 271% to $556 million, with diluted earnings per share (EPS) of $0.61, up 259% year-over-year [2][10][11]. - The trading business emerged as the primary growth driver, with trading revenue of $730 million, including a more than 300% increase in cryptocurrency revenue to $268 million. Interest income also grew by 66% to $456 million [2][11][12]. - The company is expanding its market share in various sectors, including stocks, options, and cryptocurrencies, while also launching new products aimed at professional traders and international clients [3][18]. Financial Performance Summary - Total revenue for Q3 2025 was $1.274 billion, a 100% increase year-over-year and a 29% increase quarter-over-quarter, exceeding market expectations by 5% [10]. - Net profit reached $556 million, reflecting a 271% year-over-year increase and a 44% quarter-over-quarter increase [10]. - Adjusted EBITDA was $742 million, with a profit margin of 58%, marking a 177% year-over-year growth [10]. - The average revenue per user increased to $191, an 82% year-over-year growth, indicating improved user quality [17]. Business Segments and Growth Drivers - Trading revenue totaled $730 million, a 129% year-over-year increase, driven by significant growth in cryptocurrency, options, and stock trading [11][12]. - Cryptocurrency revenue alone reached $268 million, more than tripling year-over-year, supported by increased market activity and the acquisition of Bitstamp [11][12]. - Net interest income grew to $456 million, a 66% increase, primarily due to the expansion of interest-earning assets [11][12]. Strategic Developments - Robinhood is set to launch new products and services, including features for professional traders and banking services for Gold users, while also expanding its international presence [3][18]. - The company completed the acquisition of Bitstamp and plans to acquire WonderFi, enhancing its global footprint in the cryptocurrency sector [3][18]. - The prediction market business is rapidly growing, with an annualized revenue nearing $300 million as of October 2025 [3][7].

MENLO PARK, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for October 2025. Funded Customers at the end of October were 27.1 million (up approximately 210 thousand from September 2025, up approximately 2.6 million year-over-year).Total Platform Assets at the end of October were $343 billion (up 3% from the end of September 2025, up 115% year-over-year). Net Deposits were $5.6 billion in October, or a 20% annualized ...

Core Insights - Robinhood Markets Inc. is partnering with Gopuff to offer cash delivery services directly to users' homes, marking a new venture into unconventional banking [1][4] - The cash delivery service is priced at $6.99, or $2.99 for users with over $100,000 in assets, and aims to provide a convenient alternative to ATMs [1][5] - The initiative aligns with Robinhood's strategy to offer high-end banking privileges while maintaining accessibility for its users [3][4] Service Details - The cash delivery service is currently being rolled out in New York, with plans to expand to major cities like San Francisco, Philadelphia, and Washington [4] - Customers must subscribe to Robinhood Gold at $5 per month and set up direct deposits of at least $1,000 monthly to use the service [5] - Security measures include verification codes and direct handoffs from delivery drivers, with no unattended drop-offs allowed [5][6] Future Plans - Robinhood plans to launch a new fund through its subsidiary, Robinhood Ventures, allowing retail investors to invest in private AI companies [7] - The fund will focus on a concentrated portfolio of at least five top private AI firms, despite concerns about a potential bubble in the sector [7] - CEO Vlad Tenev has indicated a shift towards 24/7 global markets, moving away from traditional trading hours [6][7]

Fred Alger Management, an investment management company, released its “Alger Mid Cap Growth Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The letter highlighted the market outlook and top-performing and underperforming stocks. Equity markets continued their upward rally in the third quarter, with the S&P 500 Index up 8.12%. A confluence of improved economic conditions, strong corporate earnings, and anticipation of monetary easing drove the strong performance of the ...

Market Dynamics and Corporate Movements - Robinhood Markets Inc. reported a significant increase in user assets, reaching $332.7 billion in Q3 2025, up from $44.4 billion in Q3 2020, driven by growth in cryptocurrencies, options trading, and Robinhood Gold subscribers [2] - The company's Q3 2025 results showed total net revenues of $1.27 billion, a 100% year-over-year increase, and diluted EPS of $0.61, up 259% year-over-year [2] - Palantir Technologies Inc. faced a challenging week with a 13% decline in stock price, marking its worst weekly performance since April, despite a 136.64% increase in stock value in 2025 and a market capitalization exceeding $421.93 billion [3] - Palantir reported Q3 revenue of $1.18 billion, a 63% year-over-year increase, and EPS of $0.21 [3] - Bank of America identified Domino's Pizza as a potential M&A candidate, coinciding with Warren Buffett's Berkshire Hathaway reducing its stake in Bank of America while increasing its investment in Domino's Pizza to over $1.1 billion [4] Monetary Policy and Digital Assets - Federal Reserve Governor Stephen Miran suggested that the growth of stablecoins could lead to lower short-term interest rates by increasing the net supply of loanable funds [6] - Miran indicated that if the neutral rate (R-star) is lower, policy rates should also be reduced to support economic health, warning that failing to do so would be contractionary [6] - Analysts project that stablecoin uptake could reach as much as $3 trillion by the end of the decade [6]