Robinhood Markets Stock News

Robinhood Markets, Inc. NASDAQ: HOOD, the platform synonymous with commission-free trading and the surge of retail investor activity in recent years, is making a dramatic pivot. Known for democratizing access to stock, options, and cryptocurrency markets, the company is now setting its sights on the core territory of traditional finance: banking and wealth management.

You can buy a lot of wonderful things with $50,000 -- a car, a boat, even the trip of a lifetime.

Trading platform Robinhood, best known for introducing a new generation of traders to the stock market, crypto, and ETFs, is growing up alongside its customers, moving one step closer to becoming a full financial-service company, along the likes of Fidelity or Charles Schwab.

In this video, I will talk about the recent updates regarding Robinhood Markets (HOOD -1.68%) and SoFi (SOFI -6.54%). Watch the short video to learn more, consider subscribing, and click the special offer link below.

Robinhood CEO Vlad Tenev is bundling more services into the the company's $5 a month subscription service. With more offerings like wealth management and tax advice, Tenev sees the opportunity to create something like Amazon Prime for investors.

Robinhood Markets, Inc. reported a home-run Q4 that caused the stock to hit $65. Now it's back to $45, and I see a catalyst from user monetization that'll carry the stock higher. The company should see a pullback in crypto transaction revenue next quarter, but I think that'll be offset by new user monetization strategies. Robinhood's new services, including AI analytics, wealth management, and ...

Robinhood Markets has long been known for its free trading app. Now, it would like to manage customers' investments on their behalf.

Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users' financial habits.