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Robinhood Is Doing 'Everything Right': Analysts Focus On New Products, Traders Taking Market Share From Competitors
Thursday, August 8, 2024 - 10:58am | 644Read More...Robinhood Markets (NASDAQ:HOOD) is enjoying strong deposit growth and new products, analysts noted after second-quarter results. Piper Sandler analyst Patrick Moley maintained a Neutral rating and $20 price target. Needham analyst John Todaro maintained a Hold rating and has no price target. JMP...
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Robinhood Q2 Earnings Highlights: Revenue Beat, EPS Beat, Crypto Revenue Up 161% Year-Over-Year, Gold Subscribers Hit 2 Million
Wednesday, August 7, 2024 - 4:22pm | 541Read More...Brokerage platform Robinhood Markets (NASDAQ:HOOD) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Robinhood reported second-quarter revenue of $682 million, up 40% year-over-year. The revenue total beat a Street consensus...
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Retail Investors' Bullish Sentiment Fuels Rally In Brokerage Stocks: Standout Performers Of Q2 Earnings Season
Wednesday, July 19, 2023 - 2:09pm | 734Read More...Major U.S. brokerage firms are currently experiencing a favorable market momentum, bolstered by a spectacular rally in U.S. stocks and a strong risk appetite among small investors. According to the latest survey by the American Association of Individual Investors (AAII), bullish sentiment has...
