Robinhood beats profit estimates as post-election trading frenzy lifts volumes
Robinhood beat expectations for fourth-quarter profit on Wednesday, driven by a surge in equity, option and crypto trading on its platform following Donald Trump's return to the White House, sending its shares up more than 14% after the bell.
Robinhood shares pop after reporting 700% surge in crypto transaction revenue: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin slides to the $95,000 level. Shares of trading platform Robinhood pop after reporting its 2024 Q4 earnings, revealing a surge in crypto transaction revenue.
‘Huge opportunity ahead’: Robinhood hits $1 billion revenue, thanks to crypto
Robinhood Markets, the Menlo Park, California-based firm that rose to prominence during the 2021 GameStop short squeeze, surpassed $1 billion in revenue during its fourth quarter. The surge was largely driven by the success of its crypto trading operation during the 2024 presidential election,
Robinhood posts record profit as post-election trading frenzy lifts volumes
Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's election victory, sending the trading platform's shares up 11% in extended trading.
Robinhood revenue doubles, fueled by surge in crypto trading
Robinhood Markets Inc. reported revenue that more than doubled as the online trading firm was buoyed by crypto-market transactions around the US presidential election.
Robinhood is now up 440% over the past year. These 3 charts explain its rapid rise.
Robinhood signaled there's still room to grow its crypto offering, including by adding more tradeable tokens and ...
Robinhood Rolls Out Options Trading in UK With ISAs to Come Soon
Robinhood Markets Inc. is launching US equity options trading for UK customers on Tuesday, as the investment firm looks to ...
Robinhood gains ground in crypto trading, intensifying competition
Robinhood has cemented its foothold in the crypto trading market as its commission-free model attracts price-conscious ...
Robinhood launches options trading in UK
Robinhood (HOOD) has launched options trading for UK customers, in its latest expansion of features available on its platform ...
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Robinhood earnings surge as TradePMR acquisition plan rolls along
The DIY investment giant's positive earnings surprise, surpassing $1 billion in revenue for the first time, puts it on strong footing for future expansion.
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Robinhood Now Offers Options Trading in the UK
Robinhood ( NASDAQ:HOOD) has launched options trading in the UK. Jordan Sinclair, President of Robinhood UK, said that options trading in the UK has been historically difficult due to high fees and ...
Robinhood shares jump 16% as company smashes estimates with 700% crypto trading growth
The amount of funds Robinhood is sitting in also delivering for the company, with net interest revenue growing 25%, to $296 ...