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Retail brokerage Robinhood notched a stronger-than-expected performance in the second quarter as crypto trading revenue fell sequentially.
A jump in investor trading of stocks and cryptocurrencies put additional wind in Robinhood’s sails in the second quarter.
Transaction-based revenue jumped 65% to $539 million, driven by a 98% rise in cryptocurrency trading and a 46% increase in ...
Individual investors are trading with abandon, driving up prices of everything from stocks to crypto—and turbocharging the brokerage business.
Robinhood Markets beat estimates for second-quarter profit on Wednesday, thanks to a massive surge in trading volumes across options, crypto and equities.
Robinhood heads into earnings with its stock price on a rally that’s lifted the company’s market cap to $91 billion.
His company, Robinhood, has seen its stock price rocket 384%, hitting $111, and now carries a $98 billion market cap. This ...
Yoni Assia’s comments come after the online brokerage announced Tuesday that it was launching tokenized stocks.
July has brought the return of the meme stock moment, led by frenzied activity in Opendoor (OPEN), Krispy Kreme (DNUT), GoPro ...
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