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Yesterday β€” 15 February 2025Yahoo! Finance: Robinhood News

Robinhood's Profit Surge Means It May Finally Be A Serious Player On Wall Street

15 February 2025 at 20:30
Robinhood Markets Inc (NASDAQ:HOOD) has evolved from a confetti-throwing trading app into a serious financial services platform, with its shares quadrupling over the past year as it expands beyond its meme-stock roots. The company’s transformation includes launching futures trading, a desktop platform for serious traders, and a credit card program that has attracted 2 million waitlist subscribers, according to the Financial Times. Its Gold card offers 3% cashback, with select clients eligible fo

The Score: Airbnb, Coke, Robinhood and More Stocks That Defined the Week

14 February 2025 at 22:12
Airbnb is moving into new businesses. Chief Financial Officer Ellie Mertz said the company will increase its head count to support the new businesses it plans to launch and scale in 2025, and expects to spend $200 million to $250 million. Airbnb shares jumped 14% Friday.

Why Investors Shouldn’t Chomp on the Robinhood (HOOD) Stock Bait

15 February 2025 at 16:54
If you’re looking for a fast, commission-free path to stock investment, Robinhood Markets (HOOD) is a platform both traders and investors should consider. In recent years, the disruptively brash platform has courted both retail investors and pros alike. With a steady influx of new investors entering the market, Robinhood is well-positioned to maintain its user base and revenue growth over time. However, despite the platform currently enjoying a flurry of new activity and, in turn, sturdy revenue
Before yesterdayYahoo! Finance: Robinhood News

Coinbase revenue spikes as crypto undergoes 'seismic shift'

14 February 2025 at 15:34
Coinbase Global (COIN) shares fall lower in Friday's session despite topping fourth quarter expectations, reporting revenue of $2.27 billion and earnings of $4.68 per share. The cryptocurrency exchange certainly saw a boost from bitcoin's (BTC-USD) post-election rally, tied to President Trump's 2024 victory. "When you take a step back this is much more than about kind of what's happening in the fourth quarter or first quarter," Citizens JMP director of financial technology research Devin Ryan says. "It's about really the seismic shift happening in the crypto space more broadly, and... how blockchain is now going to see a step function in adoption. And that's what gets us excited." Ryan talks to Brad Smith and Madison Mills on the Morning Brief about the regulatory environment that will enable Coinbase's tokenization plans: "You have the trifecta β€” you have a white House that's supportive; you have a bipartisan Congress right now that's looking to pass legislation; and then you have a regulatory backdrop where we're now finally getting to a point of clarity." He connects what Coinbase has to gain with Robinhood Markets (HOOD) β€” which sits "at the intersection of traditional finance and digital assets" β€” after the exchange platform saw its crypto revenue rise 700% year-over-year in its fourth quarter earnings beat. To watch more expert insights and analysis on the latest market action, check out more Morning BriefΒ here. This post was written by Luke Carberry Mogan.

Robinhood gains ground in crypto trading, intensifying competition

13 February 2025 at 10:17
(Reuters) -Robinhood has cemented its foothold in the crypto trading market as its commission-free model attracts price-conscious customers, analysts said, strengthening its position as a rival to digital asset-focused exchanges such as Coinbase. Robinhood reported an eight-fold jump in transaction-based revenue from crypto trading for the fourth quarter. The competition for crypto traders is heating up at a time when animal spirits sweep over the sector, fueled by President Donald Trump's return to the White House.

Why Robinhood Markets Inc. (HOOD) Went Up on Thursday

14 February 2025 at 03:40
We recently published a list of 10 Firms Post Double-Digit Gains on Thursday. In this article, we are going to take a look at where Robinhood Markets Inc. (NASDAQ:HOOD) stands against other firms that posted double-digit gains on Thursday. Wall Street’s main indices finished in the green territory on Thursday, as investors cheered President Donald […]

Robinhood, MGM Resorts, Trade Desk: Market Minute

13 February 2025 at 18:14
Julie Hyman outlines the top stories on Wall Street in this Market Minute. Robinhood Markets (HOOD) stock rallies after reporting earnings driven by a surge in crypto trading. MGM Resorts International (MGM) shares soar after the hotel and casino operator's fourth quarter earnings results beat estimates on the top and bottom lines. The Trade Desk (TTD) stock plunges after the company's quarterly results fell short of expectations. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. This post was written by Naomi Buchanan.

Why Robinhood Stock Hit the Bullseye Today

13 February 2025 at 16:54
Robinhood Markets (NASDAQ: HOOD) stock soared 12.5% through 11 a.m. ET Thursday after crushing its Q4 earnings report last night. Analysts thought the online brokerage app would earn $0.52 per share in its fourth quarter of fiscal 2024, but Robinhood nearly doubled that number at $1.01 per share. As good as the revenue growth sounds, "net income increased over 10X," boasted Robinhood.

Robinhood must 'become a bank' to be Charles Schwab competitor

13 February 2025 at 16:06
Robinhood Markets (HOOD) stock surges after the trading platform reported its fourth quarter earnings beat. Whalen Global Advisors chairman Chris Whalen joins Morning Brief with Brad Smith and Madison Mills to discuss how the company can compete with the big financial services players. Whalen tells Yahoo Finance that Robinhood "was one of the best-performing non-bank stocks" that he follows, but the company has "been paying a lot of money for the growth." He explains that the brokerage has been offering incentives, like IRA matches, to customers. The analyst notes, "The question in my mind is: When we get this business to a size where we can kind of pull back a little bit on the incentives and the spend, what does it look like going forward? Can they really go out and compete with the Schwabs (SCHW) and the Ameriprises (AMP), who are hyper-efficient?" "Over time, they're going to have to become a bank if they want to compete with Charles Schwab. It's just the way it is. This is a vicious business ... and once they really become large enough to be a threat to some of these firms, you're going to see the competitive environment heat up a lot," Whalen adds. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Robinhood's Q4 crypto revenue soars 700% year-over-year

13 February 2025 at 14:56
Robinhood Markets (HOOD) surges ahead by 15% Thursday morning, continuing gains since the brokerage platform posted its fourth quarter earnings beat on Wednesday. Revenue tied to crypto trading is one factor contributing to this ride higher as Robinhood reported $358 million in crypto revenue, above expectations for $329.7 million, jumping by 700% year-over-year. The Morning Brief's Brad Smith and Madison Mills highlight this aspect of Robinhood's latest release. To watch more expert insights and analysis on the latest market action, check out more Morning BriefΒ here. This post was written by Luke Carberry Mogan.

January PPI, reciprocal tariffs, Deere earnings: 3 Things

13 February 2025 at 14:10
US stock futures (ES=F, NQ=F, YM=F) are trading higher coming off of this morning's Producer Price Index (PPI) inflation print for January. Consumers and investors alike are bracing for reciprocal tariffs enacted by the US against countries that already have taxes against American imports. Deere & Company (DE) stock slumps in the pre-market session after reporting fiscal first quarter earnings while anticipating challenges from the Trump administration's plans for steel and aluminum imports. Additionally, Robinhood Markets (HOOD) surges higher since posting its latest earnings beat on Wednesday. To watch more expert insights and analysis on the latest market action, check out more Morning BriefΒ here. This post was written by Luke Carberry Mogan.
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