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 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.
The brokerage that rode the meme-stock wave is rolling out financial services for a more mature set, from investment advice to higher-yielding savings accounts.
Robinhood's stock plummeted 40% from its all-time high due to overall market weakness and slowing monthly metrics. Despite the drop, Robinhood posted a record quarter, with EPS almost doubling the three previous quarters combined. With a 78% likelihood of a Federal Reserve rate cut in June, I'm confident the stock market can rebound and climb back toward its previous highs.
Robinhood (HOOD 2.01%) has gotten a lot of attention for its NCAA tournament futures, and not in a good way. Many observers think this is akin to gambling, but is there a bigger story here?
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.