Robinhood second-quarter results: Growth in prediction markets scrutinized amid profitability challenge

Shares of Robinhood Markets dropped 2.6% early in Tuesday's U.S. trading, ahead of its second-quarter earnings due the following day. The main focus has shifted from increased customer trading activity to whether prediction markets might offset crypto revenue without impacting margins.

NASDAQ:HOOD

Robinhood Markets (HOOD) news archive — page 2

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Robinhood’s top AI stocks split up $240 billion market cap

Robinhood’s top AI stocks split up $240 billion market cap

Nvidia, Advanced Micro Devices, Dell Technologies and Cisco Systems lost about $232 billion in combined market value during Monday's regular U.S. session. Meanwhile, Alphabet, Microsoft and Meta Platforms picked up a net $6 billion. That left a valuation gap of roughly $238 billion as of 1:52 p.m. EDT.
Robinhood’s June prediction-market surge puts $100 billion stock value to Q2 test

Robinhood’s June prediction-market surge puts $100 billion stock value to Q2 test

Robinhood Markets, Inc. entered the long U.S. holiday weekend with a market value of about $103 billion and a June operating mix that points less to meme-era equity trading and more to prediction markets. Nasdaq’s 2026 calendar lists July 3 as shut for Independence Day observed and June 19 as shut for Juneteenth. Robinhood last closed at $112.73 on Thursday, up 3.76% on 41.2 million shares.
Robinhood (HOOD) Slides After $2 Billion Debt Move

Robinhood Markets (NASDAQ:HOOD) stock rally puts Bitstamp, event-contract volumes under the microscope

Robinhood Markets, Inc. enters Thursday’s final U.S. stock session of the holiday-shortened week with a new problem for bulls: the share price has already paid for more than a crypto headline. The stock last stood at $108.65, up 8.35% from the prior close, with a market value of about $99.4 billion. Nasdaq 100 futures were down 0.5% early Thursday, with regular U.S. trading still ahead.
Big VCs Back Fomo’s Crypto Trading App With $75M Round

Big VCs Back Fomo’s Crypto Trading App With $75M Round

Fomo has landed $75 million in Series B funding led by Index Ventures, putting the crypto trading app’s valuation at $550 million. The New York-based company picked up capital from Union Square Ventures, Benchmark, and angels like Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz. Fomo says it aims to make on-chain trading appeal to the broader market.