Robinhood Markets (HOOD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

GME stock, AMC fell early Thursday as the meme stock rally loses steam. But Robinhood sees a boost from retail participation.

A meme revival sent GameStop and AMC Entertainment stock cresting like it was 2021. But broker Robinhood, whose trading app is popular among retail investors, could be the real winner.

Problems in the plumbing of the financial system were costly for investors in 2021, and a planned upgrade still isn’t complete.

MENLO PARK, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today reported select monthly operating data for April 2024: Funded Customers at the end of April were 24.0 million, up approximately 90 thousand from March 2024.Assets Under Custody (AUC) at the end of April were $123.3 billion, down 5% from March 2024. Net Deposits were $4.9 billion in April, translating to a 45% annualized growth rate relative to March 2024 AUC. Over the last twelve month

Robinhood Markets (HOOD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

This fintech platform once again reported strong growth in the first quarter.

The bad news from Tuesday's **producer-price index** is that wholesale inflation in April was higher than economists' expectations. Investors are seemingly just focused on signals that point to the Federal Reserve cutting interest rates.

New Robinhood Crypto customers in Europe will also now earn a 10% bonus on their net buys over their first 30 days on the platform MENLO PARK, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Today, Robinhood Crypto is excited to announce a series of new features specifically designed for its customers in Europe, including staking, localized apps, crypto rewards for new customers, and updated Learn & Earn modules. These updates aim to increase accessibility, improve the user experience, and reinforce ou

MENLO PARK, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024. Robinhood Chief Brokerage Officer Steve Quirk is scheduled to present on Tuesday, May 21, 2024, at 12:05 PM PT / 3:05 PM ET. Interested parties may access a live audio webcast of the presentation by visiting investors.robinhood.com. Follow

A look at other brokerage stocks offers a reminder that factors such as high interest rates continue to put a lid on speculation.

Growth is only part of the story for Robinhood.

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 9.9% in the morning session after heavily shorted stocks (so-called meme stocks) continued to rally, with both AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME) up more than 60%. On May 13, 2024, famous Wall Street Bets (Reddit stock trading forum) trader Keith Gill (known online as Roaring Kitty) returned to Twitter (also known as X) after three years, fueling a greater retail appetite for meme stocks. These moves could also

Roaring Kitty, has fanned excitement that a sequel of 2021’s meme stock mania might be on the way. Along with some of the original meme stocks, a few others rallied too—including Robinhood Markets, which found itself at the center of that trading frenzy. Robinhood’s quarterly transaction revenue from equities trading surged in the first quarter of 2021 to $133 million from $80 million in the last quarter of 2020.

They may be at the end of the alphabet, but Gen Z’ers are pretty adept at pushing forward.

In this article, we will take a look at the 15 best ARK stocks to buy now. To see more such companies, go directly to 5 Best ARK Stocks To Buy Now. Cathie Wood is one of the most polarizing, and prominent figures on Wall Street. With over three decades of experience in the financial sector, […]

NVIDIA Corporation (NVDA), Coinbase Global, Inc. (COIN), Interactive Brokers Group, Inc. (IBKR) and Robinhood Markets, Inc. (HOOD) are expected to benefit once the cryptocurrency rally resumes.

Robinhood's new credit card is in demand, and this could unlock a new wave of high-margin subscription revenue for the company.

Robinhood's latest earnings report offered several positive takeaways.