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Robinhood Passes $10 Billion Milestone For Overnight Trading, Reaches 922 Tickers: 'The Future Of Investing Is Here'
Thursday, March 7, 2024 - 12:32pm | 477Shares of Robinhood Markets (NASDAQ:HOOD) recently hit new 52-week highs and are up over 50% in the last month. The surge in valuation comes after fourth-quarter financial results and during a surge in cryptocurrency trading. Another item might be adding to the recent success and valuation increase...
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Crypto Crackdown: SEC Warns Exchanges They 'May Be Subject To Federal Securities Laws'
Thursday, March 23, 2023 - 2:50pm | 324The U.S. Securities and Exchange Commission (SEC) is encouraging investors to exercise caution when dealing with crypto asset securities. The SEC's Office of Investors Education and Advocacy warned that platforms facilitating crypto trading might not be adhering to federal securities...
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Coinbase Customers Are 'HODLing' While Company Cuts Costs: What 5 Analysts Are Saying After Q3 Earnings
Friday, November 4, 2022 - 1:39pm | 664Analysts are reacting to the third-quarter earnings report from Coinbase Global (NASDAQ: COIN). Here's the latest on what the company's user base and focus on costs mean for shares. The Coinbase Analysts: JMP Securities analyst Devin Ryan has an Outperform rating on Coinbase with a $...
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Coinbase Q3 Earnings Recap: Revenue And EPS Miss, Monthly Users Fall Less Than Robinhood, Stock Jumps
Thursday, November 3, 2022 - 4:58pm | 707Cryptocurrency trading company Coinbase Global (NASDAQ: COIN) reported third-quarter financial results after the market close Thursday. Here's what investors need to know. What Happened: Coinbase reported third-quarter revenue of $576 million, down 28% sequentially. The revenue total...
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Robinhood Analysts Praise Q3 Earnings, 'Product Innovation': Are Expectations Now Running High For Coinbase?
Thursday, November 3, 2022 - 12:47pm | 777Equity and crypto trading company Robinhood Markets Inc (NASDAQ: HOOD) reported quarterly results Wednesday that came in better than expected and had several items investors and analysts liked going forward. The report from Robinhood could be a major line in the sand for Coinbase Global...
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Crypto Platform Pulls Champions League Sponsorship: Could The Trend Continue?
Thursday, September 1, 2022 - 11:31am | 670As cryptocurrencies rocketed higher in 2021, one trend was crypto platforms and companies that operated in the sector seeing high revenue and growth. This inflow of money led to some massive sponsorships across professional sports. With the crypto bear market wiping out companies and growth, could...
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Robinhood Merger With FTX Could Be 'Win-Win': Why This Analyst Is Bullish On M&A Rumors
Tuesday, June 28, 2022 - 4:16pm | 517Rumors of Robinhood Markets Inc (NASDAQ: HOOD) being acquired by FTX sent shares soaring Monday. While FTX CEO and co-founder Sam Bankman-Fried put the rumors to rest for now, one analyst can’t help but think of the possibility of a merger. The Robinhood Analyst: Piper Sandler analyst Richard...
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Here's How Much $100 Invested In Robinhood Today Will Be Worth If HOOD Returns To All-Time Highs
Tuesday, June 28, 2022 - 2:37pm | 454In less than a year of public trading, Robinhood Markets (NASDAQ: HOOD) shares have been on a wild ride. Here’s a look at where shares stand today and how far away the stock is from its all-time highs. What Happened: The highly anticipated Robinhood IPO occurred in July 2021. Shares...