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Investing.com20d agobullish
Morgan Stanley upgrades Robinhood, sees 43% upside

Investing.com -- Robinhood Markets (NASDAQ: HOOD) shares are up 2.4% in premarket trading after Morgan Stanley upgraded the stock to Overweight from Equal-weight and raised its price target for the stock to $150 from $124, implying 43% upside.

Stocks to Watch:  Shein, Robinhood, Dell
The Wall Street Journal20d agoneutral
Stocks to Watch: Shein, Robinhood, Dell

↘️ Shein (HK:625) had its long-awaited debut in Hong Kong. Shares of the fast-fashion retailer closed just 0.1% off their IPO price, after falling as much as 10% earlier in the session. ↗️ Robinhood Markets (HOOD) climbed premarket after analysts at Morgan Stanley upgraded the stock and raised their price target for the brokerage to $150 a share.

Why Is HOOD Stock Up 3% Overnight?
Stocktwits20d agoneutral
Why Is HOOD Stock Up 3% Overnight?

Robinhood provided multiple updates on its X account, including a teaser for a new product launch, broader Agentic Trading rollout, and a boost in Robinhood Banking Assets.

Coinbase and Robinhood Rally as Bitcoin Marches Toward Its Best Week in Months
Insider Monkey23d agobullish
Coinbase and Robinhood Rally as Bitcoin Marches Toward Its Best Week in Months

Crypto-related stocks surged significantly on August 21, as bitcoin extended its rally, putting the digital currency on track to finish the week more than 20% higher. Robinhood Markets, Inc. (NASDAQ:HOOD) and Coinbase Global, Inc. (NASDAQ:COIN) both climbed in premarket trade, part of a sector-wide rally. The reason can be traced back to a White House meeting […]

Coinbase (COIN) Q2 Revenue Fell, but Its Diversification Story Got Stronger
Insider Monkey23d agoneutral
Coinbase (COIN) Q2 Revenue Fell, but Its Diversification Story Got Stronger

It turns out that stubborn inflation and persistent geopolitical tensions create a difficult backdrop for crypto. In Q2, total crypto market capitalization declined 11% and global spot crypto trading volumes fell 25% from the previous quarter. Also, Bitcoin price also declined by double digits during the quarter. This happened as US inflation readings stayed above […]

Goldman Sachs Crypto: Bank Raises Coinbase Target Despite Crypto Volume Slump
99bitcoins24d agobearish
Goldman Sachs Crypto: Bank Raises Coinbase Target Despite Crypto Volume Slump

In Bitcoin news today, a group of cryptography researchers has published a draft specification for SHRINCS, a post-quantum signature scheme for Bitcoin transaction authorization. The draft, authored by conduition, Ethan Heilman, Mikhail Kudinov, Oleksandr Kurbatov, Jonas Nick, and a contributor known as remix7531, describes a hash-based design that combines a ...