Why Is Robinhood (HOOD) Stock Soaring Today

Why Robinhood (HOOD) Stock Is Down Today

Why Robinhood (HOOD) Stock Is Down Today Shares of financial services company Robinhood (NASDAQ:HOOD) fell 5.3% in the morning session after Wolfe Research analysts downgraded the stock’s rating from Buy to Hold, citing valuation concerns. The analysts added, “Since our June upgrade, key drivers underpinning our upside (bull) case have largely played out and are…

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Why Is Robinhood (HOOD) Stock Soaring Today

Why Is Robinhood (HOOD) Stock Soaring Today

Why Is Robinhood (HOOD) Stock Soaring Today Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 15.3% in the pre-market session after the company reported strong fourth quarter 2024 results, which blew past analysts’ revenue, EPS, and EBITDA expectations. Specifically, cryptocurrency trading revenues soared by 700%+ year-on-year while equities and options increased by 144% and 83%,…

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Dub: the copy trading app that has teens talking

Dub: the copy trading app that has teens talking

Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang — a Harvard drop-out who began…

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Harris Polymarket Odds Rise To 8-Day High—But Trump Still Favored

Harris Polymarket Odds Rise To 8-Day High—But Trump Still Favored

Topline Presidential election prediction markets drifted Friday toward Vice President Kamala Harris, giving Harris the strongest and former President Donald Trump the weakest probability of winning next week’s election in more than a week on betting sites, though oddsmakers still favor Trump. Betting odds moved in Harris’ favor Friday but still favor Trump. Anadolu via…

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Robinhood stock price has surged by more than 100% year-to-date.

Robinhood launches contracts for betting on US Presidential Election

Robinhood announced on Monday that it will begin offering US presidential election event contracts amid growing demand for speculative trading products among retail investors, Reuters reported.  The new feature will enable users to profit from speculating on the competitive race between Vice President Kamala Harris and former President Donald Trump, with recent polling indicating a…

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Robinhood launches desktop platform, adds futures and index options trading to app

Robinhood launches desktop platform, adds futures and index options trading to app

By Manya Saini and Niket Nishant (Reuters) – Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages. The 11-year-old commission-free trading app, which became synonymous with mom-and-pop investors in 2021, is now…

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