Bitcoin surged 7% to over $77,000, sparking gains in crypto-linked stocks with Robinhood up 5% and Webull 2%. The breakout follows regulatory optimism and U.S. Treasury bond buybacks that eased market fears. Robinhood benefits more due to its larger crypto business, while Webull's gains reflect broader trading activity. Investors should watch if Bitcoin sustains gains to confirm a lasting rally in these stocks.
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...
SoFi Technologies' stock has dropped 44% year-to-date in 2026, significantly underperforming other major fintech companies like Robinhood and Affirm. The company recently launched SoFi Earn, a crypto-linked tokenized bank deposit product aimed at act...
Robinhood's crypto revenue fell 38% year-over-year to $100 million in Q2 2026, marking its third consecutive quarterly decline. Despite this, crypto trading volumes increased significantly in August and September, suggesting a potential rebound in Q3...
