Robinhood's stock fell more than 11% after the company reported Q1 2026 earnings that missed expectations due to a sharp 47% decline in cryptocurrency revenue amid a weak crypto market. While total revenue grew 15% year-over-year to $1.07 billion, it fell short of the $1.17 billion forecast, and earnings per share came in at $0.38 versus the expected $0.41. Despite the crypto setback, Robinhood saw strong growth in other areas, including a 36% rise in Gold Subscribers and a 39% increase in platform assets to $307 billion. The company also announced a $100 million investment to expand its 'Trump Accounts' program throughout 2026, signaling a focus on long-term growth beyond crypto.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
YieldMax Ultra Option Income Strategy ETF (ULTY) promises a high annualized yield near 62% through weekly distributions by selling options on volatile tech stocks. However, its total return over the past year was -4.8%, far below the S&P 500's 22% ga...
A Robinhood user reports persistent attempts by scammers to change the email address on their empty account. Despite having no funds in the account, the user receives notifications and finds the dispute contact number unhelpful, with no live support ...
Robinhood launched its Chain's public mainnet on July 1, 2026, quickly reaching over $70 million in ETH bridged and nearly 193,000 daily active wallets. However, Robinhood is subsidizing gas fees for 90 days, making early usage artificially high. The...
A crypto trader invested about $85 in the meme coin CASHCAT on the Robinhood Chain and saw its value soar to over $2 million after the chain's public launch and CEO Vlad Tenev's endorsement of meme coins. The Robinhood Chain, focusing on tokenizing t...
