Robinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound
Robinhood outlined its 2024 expense plan, which includes investments in new products such as a professional trader offering on its website, index options, and futures.
Cathie Wood’s Ark Invest Offloads $5.3M in Coinbase Holdings and Acquires $1.2M Worth of Robinhood Shares
By
Tolu Ajiboye
Ark Invest seems to be rearranging its investment portfolio and has continued to sell huge amounts of Coinbase, while acquiring Robinhood shares.
Robinhood Records Crypto Revenue Loss in Q2 2023
Despite the revenue loss, Robinhood recorded a total net revenue of $468 million.
Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30%
By
Tolu Ajiboye
Robinhood CEO Vlad Tenev said the trading app will continue to “deliver strong financial performance” following Q1 2023 report.
Robinhood Posts 24% Loss in Crypto Trading Revenue in Q4 2022
On the financial outlook for the year, Robinhood expects its full-year total operating expenses to fall between $2.375 billion and $2.515 billion.
Robinhood to Buy Back SBF Stake of $578M amid US Criminal Proceedings against Disgraces ex-FTX CEO
By
Tolu Ajiboye
Stock trading app Robinhood recently announced plans to buy back a sizable SBF HOOD stake in conjunction with the DOJ.
Robinhood Wallet Rolled Out to Over 1M Customers on Waitlist, HOOD Shares Down 2.7%
Once the user downloads and receives access, Robinhood Wallet grants each customer $5 in crypto.
US DOJ Reveals Seizure of $465M in Robinhood Shares & $20M Fiat Currency
By
Tolu Ajiboye
According to the US DOJ, the Robinhood shares have drawn ownership claims from several parties, including SBF and FTX creditors.
US DOJ Prepares to Seize $465M in Robinhood Shares Belonging to SBF, HOOD Stock Up 3.4%
The DoJ believes SBF engaged in a year-long fraud business that cost investors and customers billions of dollars.
Robinhood Rolls US Web3 Wallet Beta with Support for Polygon as First Network
Robinhood noted that users of the new web3 wallet would be able to trade and swap crypto and also enjoy no network fees.
Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months.
HOOD Stock Down 11%, Robinhood Announces Declines in Q1 2022 Earnings
Robinhood Chief Financial Officer Jason Warnick noted that the macroeconomic environment affecting customers has an impact on the company’s Q1 2022 financial performance.
Robinhood Extends Trading Hours for Customers, HOOD Stock Shows Volatility
Robinhood said that owing to growing customer demand it has expanded its daily trading hours from 7 AM to 8 PM.
Robinhood (HOOD) Stock Underperforms, Falls 15% amid Weak Quarterly Revenue
By
Tolu Ajiboye
Robinhood stock took a heavy beating following a massive reduction in the number of active users investing on the platform.
HOOD Stock Drops Nearly 6%, Robinhood Faces Competition from Crypto Exchanges
Robinhood stock has been on a bear market since the company went public in 2021.