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Robinhood Markets Inc - HOOD STOCK NEWS

Welcome to our dedicated news page for Robinhood Markets (Ticker: HOOD), a resource for investors and traders seeking the latest updates and insights on Robinhood Markets.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Robinhood Markets's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Robinhood Markets's position in the market.

Rhea-AI Summary
Robinhood Markets, Inc. (HOOD) will release its first quarter 2024 financial results on May 8, 2024, followed by an earnings conference call. Shareholders can submit questions using a Q&A platform developed by Say Technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
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Rhea-AI Summary
Robinhood Markets, Inc. announced that Co-Founder and Chief Creative Officer Baiju Bhatt will step down from his role after over a decade. Despite his departure, Bhatt will remain on the Board of Directors. CEO Vlad Tenev praised Bhatt's contributions to democratizing finance and opening access to markets for new investors. Bhatt expressed gratitude for the opportunity to drive Robinhood's mission and looks forward to supporting it in his new capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
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Rhea-AI Summary
Robinhood Markets, Inc. reported strong growth in February 2024 with 23.6 million funded customers, $118.7 billion in Assets Under Custody, and $3.6 billion in Net Deposits. Trading volumes increased across all asset classes, with notable growth in Equity, Options, and Crypto trading. Margin Balances and Cash Sweep Balances also saw positive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.19%
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none
Rhea-AI Summary
Robinhood Markets, Inc. (HOOD) to participate in JMP Securities Technology Conference with CFO Jason Warnick presenting. The event will take place on March 4, 2024, with a live audio webcast available for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.23%
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conferences
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Rhea-AI Summary
Robinhood Markets, Inc. reported its monthly operating data for January 2024, showing growth in Funded Customers and Net Deposits. Assets Under Custody remained steady, with Trading Volumes fluctuating across different categories. Margin Balances and Total Cash Sweep Balances saw slight increases. Total Securities Lending Revenue remained unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.32%
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none
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Rhea-AI Summary
Robinhood Markets, Inc. reported strong financial results for Q4 and full year 2023, with record revenues of $1.9 billion, a 37% increase year-over-year. Q4 net income was $30 million, or $0.03 per share, and Adjusted EBITDA reached $133 million. The company saw growth in Funded Customers, Assets Under Custody, and Gold subscribers. However, Monthly Active Users decreased by 4% year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.01%
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Rhea-AI Summary
Consensys and Robinhood Markets, Inc (NASDAQ: HOOD) have launched the integration of Robinhood Connect with MetaMask, allowing customers to purchase crypto through Robinhood’s low cost order engine. This move aims to support the adoption of web3 by providing users with frictionless, secure, and self-custodial onboarding to web3. The integration enables Robinhood customers to purchase crypto through MetaMask’s Buy Crypto feature, offering a seamless and self-custodial approach. A 2023 global survey conducted by Consensys found a strong shift in internet user behavior toward active participation, empowerment, and broader community ownership, indicating a fundamental shift in the desired relationship between users and the platforms and services they access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
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none
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Rhea-AI Summary
Robinhood Markets, Inc. (NASDAQ: HOOD) will release its Q4 and full year 2023 financial results on February 13, 2024, after market close. An earnings conference call will follow at 2:00 PM PT / 5:00 PM ET on the same day. Shareholders can submit questions and upvote others using the Q&A platform developed by Say Technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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Rhea-AI Summary
Robinhood Markets, Inc. (HOOD) reported November 2023 operating data, with 23.3 million Net Cumulative Funded Accounts, $94.4 billion Assets Under Custody, $1.4 billion Net Deposits, and $52.9 billion Equity Notional Trading Volumes. Crypto Notional Trading Volumes were $4.0 billion, up 74% from October 2023, while Margin Balances were down 3% at $3.4 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
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none
Rhea-AI Summary
Robinhood (NASDAQ: HOOD) reports October 2023 operating data, including 23.3 million Net Cumulative Funded Accounts, $84.6 billion in Assets Under Custody, and $1.0 billion in Net Deposits. Trading volumes for equities, options, and crypto were higher compared to September 2023. Margin Balances were $3.5 billion, down 3% from September 2023, while Cash Sweep Balances were $13.9 billion, up $0.3 billion (2%) from the end of September 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.68%
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none
Robinhood Markets Inc

Nasdaq:HOOD

HOOD Rankings

HOOD Stock Data

15.72B
629.18M
0.6%
78%
3.44%
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
Menlo Park

About HOOD

Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California, that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrencies via a mobile app introduced in March 2015.