New York, Jan 26, 2026, 12:43 EST — Regular session.
- Robinhood shares steadied after an early dip as traders positioned for the Fed and a busy earnings week.
- Brokerage peers were mixed, with crypto-linked names under pressure while traditional brokers held firmer.
- Investors are watching Wednesday’s rate decision and Robinhood’s Feb. 10 results for fresh signals on trading activity and new products.
Robinhood Markets shares were up 0.8% at $107.88 in midday trade on Monday, after falling as low as $104.85 earlier in the session. The stock has traded between $104.85 and $108.47 so far, with about 7.0 million shares changing hands.
The small move still matters for the company. Robinhood tends to track swings in risk appetite because its business leans on customer trading in stocks, options and crypto, and those volumes can shift fast when markets get jumpy.
U.S. stocks pushed higher ahead of a packed week that includes results from Apple, Meta, Microsoft and Tesla, plus the Federal Reserve’s next policy decision on Wednesday. “This week’s lineup of megacap earnings should help shape sentiment around the AI trade … but Wednesday’s Fed announcement will likely keep politics in the headlines,” said Chris Larkin at E*Trade from Morgan Stanley. Reuters
The Fed begins a two-day meeting on Tuesday and is expected to hold its benchmark rate steady in the 3.50%-3.75% range, according to Reuters. The gathering runs Jan. 27-28 on the Fed’s calendar, with a press conference scheduled for Wednesday.
Other brokerage stocks were split: Coinbase fell 1.7%, while Charles Schwab rose about 1.0% and Interactive Brokers slid 2.0%.
Robinhood is also moving closer to its next company-specific catalyst. It said it will report fourth-quarter and full-year 2025 results on Feb. 10 after the close, and host a video call at 5 p.m. ET with Chief Executive Vlad Tenev and incoming Chief Financial Officer Shiv Verma.
In the background, the company’s push into derivatives and “prediction markets” is still getting priced in. Miami International Holdings said on Jan. 22 it completed the sale of 90% of MIAX Derivatives Exchange (MIAXdx) to a joint venture established by Robinhood with Susquehanna International Group, and MIAX kept a 10% stake. “The purchase of MIAXdx accelerates our investment in the prediction markets,” Robinhood executive JB Mackenzie said. Markets Media
Robinhood has described “event contracts” as a way to trade outcomes — contracts that pay out based on whether an event happens or not. Reuters has reported that prediction markets are drawing broader attention in the U.S., with traditional exchange operators and big platforms also eyeing the space. Reuters
That expansion plan adds another lens for traders: how quickly Robinhood can turn new products into steady revenue without tripping over costs, competition or regulators.
But there’s a clear downside scenario. If risk assets stumble — through a hawkish Fed tone, a hit to tech sentiment, or another sharp crypto slide — retail trading can cool quickly, and that tends to show up in brokers’ transaction revenue and market mood.
For now, the next tests are lined up. Markets are watching the Fed decision on Wednesday, a rush of megacap earnings through the week, and then Robinhood’s Feb. 10 report for updates on trading activity and progress in newer lines like futures and event contracts.
