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Brokerages Accelerate Rollout of AI Trading Tools as Automated Investing Expands
InvestorsHub39d agoneutral
Brokerages Accelerate Rollout of AI Trading Tools as Automated Investing Expands

Brokerage firms are rapidly introducing artificial intelligence-powered trading capabilities, with new offerings ranging from fully autonomous trading agents to AI assistants that require investor approval, according to a recent Jefferies industry overview. Earlier this month, Coinbase Global Inc (NASDAQ:COIN), eToro Group Ltd (NASDAQ:ETOR) and Robinhood Markets Inc (NASDAQ:HOOD) launched fully automated AI agents capable of recommending investments, constructing portfolios and executing trades

Goldman Sachs doubles down on Robinhood stock after record trading surge
TheStreet39d agobullish
Goldman Sachs doubles down on Robinhood stock after record trading surge

Robinhood has spent the last year adding businesses at a pace few brokerages can match. Prediction markets, banking, an AI trading assistant, and a new credit card all launched within months of each other. Now Wall Street is starting to price in what that expansion means for the bottom line. ...

Why Robinhood (HOOD) Stock Is Trading Up Today
StockStory41d agoneutral
Why Robinhood (HOOD) Stock Is Trading Up Today

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 3.4% in the afternoon session after the company unveiled its new 'Robinhood Chain' blockchain platform and a suite of crypto and AI-powered products at a company event, prompting positive reactions from analysts.

Senior analyst revamps Robinhood price target amid hyperscaling potential
TheStreet41d agoneutral
Senior analyst revamps Robinhood price target amid hyperscaling potential

An analyst at Mizuho believes Robinhood Markets (NASDAQ: HOOD) has big upside coming. On July 2, senior analyst Dan Dolev raised the stock's price target to $130 from $115 on Thursday while keeping an Outperform rating. The new ratings appear just a day after their live event "Robinhood ...

The June Jobs Report Came In at Half of What Wall Street Expected. Here’s What Broke
24/7 Wall St.41d agoneutral
The June Jobs Report Came In at Half of What Wall Street Expected. Here’s What Broke

Rick Santelli called the June jobs number over CNBC’s floor mic this morning, and if you were half-listening on the Robinhood (NASDAQ:HOOD) app, you probably heard the pause before the number. “Our June release of the job jobs report headline number comes in light change in nonfarm payrolls 57,000. That’s about half of what we ... The June Jobs Report Came In at Half of What Wall Street Expected. Here’s What Broke

1inch integrates Robinhood Chain as tokenized stock trading goes onchain
TheStreet42d agoneutral
1inch integrates Robinhood Chain as tokenized stock trading goes onchain

One of DeFi's biggest trading platforms just plugged into Robinhood's new blockchain, and it means tokenized stocks and funds could soon be tradeable around the clock on a platform used by 27 million people. 1inch, a decentralized trading platform that routes crypto swaps across multiple exchanges ...

Robinhood shares rise on launch of new blockchain network
Proactive42d agoneutral
Robinhood shares rise on launch of new blockchain network

Robinhood Markets Inc (NASDAQ:HOOD) shares rose about 4% on Wednesday following the launch of Robinhood Chain, a new Ethereum-based layer-2 blockchain built using Arbitrum’s Orbit technology and designed to support tokenized assets and onchain financial products. The move marks a significant...

Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce
24/7 Wall St.42d agobullish
Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce

Robinhood‘s (NASDAQ:HOOD) shares are up 6% to $115 and change in early trading Thursday, leading a broad bounce across cryptocurrency-linked equities. The rally follows a wave of bullish analyst initiations, reportedly including a new Buy rating from BTIG. Peers are joining the move. Coinbase (NASDAQ:COIN) shares are up 5% to approximately $167.50, while Strategy (NASDAQ:MSTR) ... Robinhood Jumps 6% on Bullish Analyst Initiations as Coinbase, Strategy Ride a Crypto-Stock Bounce