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Robinhood Markets, Inc. - $HOOD STOCK NEWS

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

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 (NASDAQ: HOOD) to participate in Goldman Sachs Communacopia & Technology Conference on September 7, 2023. CEO Vlad Tenev to present at 5:25 PM ET. Live webcast available on investors.robinhood.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
conferences
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Rhea-AI Summary
Robinhood partners with Texas Christian University (TCU) to provide financial education coursework for student-athletes through Robinhood Money Drills program. Funding will support personal finance classes and mentors. Guest lecturers will be offered. The for-credit course will be available to all current TCU students.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.45%
Tags
partnership
-
Rhea-AI Summary
Robinhood reports monthly operating data for July 2023, showing growth in Net Cumulative Funded Accounts, Monthly Active Users, Assets Under Custody, and Net Deposits. Trading volumes were higher for equities and crypto but lower for options compared to June 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
none
Rhea-AI Summary
Robinhood announced Q2 2023 financial results with net revenues of $486 million, a 10% increase. Transaction-based revenues decreased, while net interest revenue increased. GAAP net income was $25 million. Net Cumulative Funded Accounts increased to 23.2 million. Monthly Active Users decreased to 10.8 million. Assets Under Custody increased to $89 billion. Net Deposits were $4.1 billion. Average Revenue Per User increased to $84. Robinhood achieved GAAP profitability for the first time. Robinhood plans to launch brokerage services in the UK and has acquired X1. Discussions are ongoing for the purchase of remaining shares by Emergent Fidelity Technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.23%
Tags
-
Rhea-AI Summary
Robinhood Markets, Inc. partners with the University of Memphis to provide financial education to student-athletes through a four-year program. The partnership aims to support students' financial literacy and provide access to resources for making sound financial decisions. The program will include funding for personal finance classes, guest lecturers, and a dedicated for-credit course for student-athletes, and will kick off with an on-campus event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
Tags
partnership
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
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Rhea-AI Summary
Robinhood reports monthly operating data for May 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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none
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Rhea-AI Summary
Sherwood Media, a subsidiary of Robinhood Markets, is expanding its product offerings to include a news platform, print magazine, events, and audio. They have hired James Denis as head of sales to oversee global partnerships and strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
management
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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conferences
Robinhood Markets, Inc.

Nasdaq:HOOD

HOOD Rankings

HOOD Stock Data

17.66B
629.18M
0.6%
78%
3.44%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
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.