Robinhood announced that 200,000 customers have opened AI-powered trading accounts since the September launch, generating $1.6 billion in trade volume. However, the company's shares dropped 7.63% after hours due to missing revenue expectations despite beating EPS estimates. AI trading currently represents a small fraction of assets, with customers needing to move funds into separate accounts and approve trades unless opting for autonomous trading. While AI trading could boost transaction revenue and subscriptions in the future, Robinhood's core business growth and revenue remain the key focus for investors amid mixed quarterly results.
As of Oct 28, 2026 22:51 WIB, Robinhood Markets (HOOD) shares are trading at USD 91.03 on Pluang, down 3.73% for the day. Despite the recent drop, Pluang users show strong buying interest with 95% of order activity on HOOD as buys. The stock's market cap stands at $85.02 billion, highlighting its significant presence in the financial sector.
Robinhood reported a mixed Q3 2026 with revenue up 12% to $1.42 billion but missing consensus slightly. Crypto trading revenue fell 55% year-over-year, and net interest income dropped 9%, overshadowing record gains in prediction markets and growth in...
SK Hynix reported a 31.9% rise in Q3 revenue and a 37.6% increase in operating profit, beating analyst expectations. Strong demand for memory chips is evident as DRAM and NAND prices rose over 20% quarter-on-quarter, with Q4 guidance indicating furth...
SoFi Technologies reported a strong Q3 2026 with record loan originations and improved credit quality, driving an 11% stock surge. The company raised its full-year revenue and earnings outlook despite a tougher interest rate environment, signaling ro...
Ripple has partnered with Robinhood to broaden the use of its digital dollar, RLUSD, enhancing trading and financing options for institutional clients and improving Robinhood's internal money management. The collaboration includes using RLUSD for set...
Robinhood Markets reported a record Q2 revenue of $1.31 billion, up 32% year-over-year, driven by strong profitability and growth in new business segments like prediction markets. The company saw a 39% increase in Gold subscribers and a 24% rise in a...
