Robinhood Markets posted a rise in second-quarter profit on Wednesday, as volatility in the markets spurred higher trading activity on its platform. The Menlo Park, California-based company's profit was $573 million, or 62 cents per share, for the three months ended June 30, compared with $386 million, or 42 cents per share, a year earlier.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Robinhood earnings are due late Wednesday, with Coinbase earnings following on Thursday, as brokerage industry rivalries intensify. Coinbase is on deck late Thursday. Robinhood, which has offered cryptocurrency trading since 2018, continues to expand in that market, both in the U.S. and internationally.
SoFi crushed revenue estimates and raised its top-line outlook, yet shares cratered 10% anyway as sellers zeroed in on one number management refused to budge on.
Retail sentiment remains ‘bearish’ on SPY and QQQ. Further weakness in QQQ will put it on track for the longest losing streak since August 2025.
Analysts anticipate Robinhood will report earnings of 43 cents per share, according to estimates compiled by FactSet.
(Bloomberg) -- Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffTrump Vows 50% Tariff on Canadian Goods Using Depression-Era LawMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Tr
Charles Schwab earnings for the second quarter are due early Tuesday, with Interactive Brokers following after the close. SCHW stock popped near a buy point on Monday. Both Charles Schwab (SCHW) and Interactive Brokers (IBKR) shared activity data showing huge growth in May and June. But their conversion of trading volumes into interest income and profit growth is under watch....
📈 Follow our live markets data and coverage. It was an epic quarter for investment banks. Goldman Sachs said this week that its stock-trading revenue hit a record $7.4 billion, up 72% from a year earlier.
Robinhood Markets and a pair of resurgent AI infrastructure plays, Dell Technologies and Cisco Systems, lead this weekend's watchlist of five stocks near buy points. Joining HOOD and AI stocks DELL and CSCO are two IRL (in real life) stocks. Outfront Media, a real estate investment trust, focuses on billboard and transit advertising, while Match Group operates Tinder and other dating sites.
The ETF flows finally flip. Trump defends his billion-dollar crypto payday. And a rare set of signals says a bottom may be forming.
Robinhood stock soared after announcing a slew of products as the company makes an expansion push abroad.
Robinhood received a big price-target hike from Wall Street a day after revealing hefty job cuts. On Wednesday, Argus analyst Stephen Biggar raised his HOOD stock price target by 22% to $110, according to TheFly.com. Biggar kept a buy rating on shares a day after Robinhood announced a 10% workforce reduction.
Another beneficiary of the interim U.S.-Iran peace deal: bitcoin. The cryptocurrency jumped to nearly $66,000 on Monday, touching its highest level in nearly two weeks. That helped lift shares of companies tied to crypto, including trading platforms Coinbase and Robinhood, and the bitcoin-hoarding company Strategy.
This is important information if you plan to buy at the IPO.
There are various investment funds that hold pre-IPO shares of Elon Musk's rocket company; and plenty more will automatically buy the stock days after it goes public.
The SpaceX IPO is twice oversubscribed. Crypto users on Bybit and Kraken can subscribe to tokenized shares using USDC before June 11.
SpaceX is allocating a sizeable portion of its available IPO shares to retail investors via select brokerages.
SpaceX is preparing for a historic stock market debut. Here's what to know about buying IPO shares, brokerage qualifications, allocation rules, and other ways to benefit.
The brokerage giant is letting customers with as little as $2,000 in a trading account submit offers to buy SpaceX at the IPO price.
Webull Corp (NASDAQ:BULL)is up 1.66% at $6.00, while eToro Group Ltd (NASDAQ:ETOR) is gaining 1.76% to trade at $39.88.
(Bloomberg) -- A nearly six-month old video of Donald Trump praising International Business Machines Corp.’s CEO sent the shares surging almost 9% on Monday, adding more than $24 billion to the company’s stock-market value. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-T
SpaceX IPO shares are expected to be available through Fidelity, E-Trade, Robinhood, Charles Schwab, and SoFi, but allocations aren’t guaranteed.
SpaceX IPO shares are expected to be available through Fidelity, E-Trade, Robinhood, Charles Schwab, and SoFi, but allocations aren’t guaranteed.
SpaceX’s historic IPO is drawing huge retail interest, but history shows mega IPOs often stumble after launch-day excitement fades. Valuation and hype may outweigh opportunity for now.
Barclays raised its price target on Charles Schwab (NYSE:SCHW) to $127 from $117, keeping an Overweight rating after the brokerage giant’s fiscal 2026 revenue and expense guidance came in ahead of consensus. The price target raise reflects continued bullish positioning on a name where the bull thesis hinges on earnings power exceeding Street models. For ... Barclays Hikes Charles Schwab Price Target to $127: 2026 Guidance Crushes Street Expectations
Cathie Wood’s ARK Invest is staying true to its high-growth strategy. Two of its biggest funds snapped up Cerebras Systems on the heels of the chip maker’s impressive market debut, which saw the stock surge nearly 70%. A trading disclosure shows the flagship (ARKK) picked up 71,655 Cerebras shares on Thursday.
Coinbase and other crypto stocks surged on Thursday after a major bill that cements the crypto industry’s legal standing got one step closer to the finish line.
Robinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.
Robinhood Chief Executive Vlad Tenev on Tuesday addressed analyst pushback over the brokerage's government partnership to manage Trump accounts, a savings tool for children created under last year's tax law.
Most investors see a stock drop 13% after a bad earnings report and walk away. One of the most closely watched portfolio managers in the market saw the same setup and moved in the opposite direction. What Cathie Wood's ARK Invest did the very next morning is the kind of move that forces the market ...