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.Revenue grew to $1.01 billion in the fourth quarter,
Robinhood Crypto Trading Gains Momentum
Robinhood crypto trading surges as retail investors flock to commission-free transactions, challenging Coinbase (NASDAQ:COIN) in the competitive market.
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 customers, analysts said, strengthening its position as a rival to digital asset-focused exchanges such as Coinbase.
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 shares surge as crypto market frenzy fuels record results
Robinhood shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets.
Robinhood Stock (HOOD) Soars as Wall Street Analysts Boost Price Targets on Crypto Momentum
Robinhood (HOOD) stock surged about 14% yesterday after the financial services platform reported blockbuster fourth-quarter ...
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Robinhood’s (HOOD) Crypto Book: Reports Record-Breaking Quarter
Robinhood's fourth-quarter results show a 700% increase in crypto revenue to $358 million, driven by Bitcoin's rise above ...
Robinhood beats profit estimates as post-election trading frenzy lifts volumes
Robinhood HOOD.O 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, ...