HOOD
NASDAQ · Financial Services
Robinhood Markets Inc - A
$105.71
-2.44 (-2.26%)
HOOD News30 articles
Fomo Raises $75M Series B at $550M Valuation to Simplify Crypto Trading
Fomo raised $75M in Series B funding at a $550M valuation to simplify on-chain trading and expand into equities and prediction markets, despite a slump in crypto venture funding.
Solana DEX Volumes Surpass Centralized Exchanges, Raising Sustainability Concerns
Solana-based decentralized exchanges recorded $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading, but Galaxy warns volume is heavily tied to speculative memecoin cycles.
Crypto App Fomo Secures $75M Series B as Retail Interest Rebounds
Fomo, a consumer crypto trading app, raised $75 million in Series B funding led by Index Ventures at a $550 million valuation, as Bitcoin trades above $64,000 and global crypto search volumes show signs of recovery.
SoFi Gains 8% in Short Week as Investors Eye Growth and Credit Risks
SoFi shares surged 8% in a shortened trading week, buoyed by strong Q1 results and investor confidence, though unchanged 2026 guidance and credit risks remain in focus.
Robinhood Stock Surges on Job Cuts and Record Trading Activity
Robinhood shares jumped 16% following news of a 10% staff cut and $28 million in restructuring costs, with record June trading volumes boosting investor confidence.
SoFi CEO Insider Buy Boosts Stock Amid Fintech Rally
SoFi shares closed 2.8% higher at $17.91 after CEO Anthony Noto bought 13,888 shares. The fintech sector rallied, but the company kept its 2026 revenue forecast unchanged.
Robinhood Soars on Record Volume and Job Cuts Despite Regulatory Risks
Robinhood shares jumped 8.7% premarket after the company announced a 10% workforce reduction and record June trading volumes, with analysts raising price targets.
Robinhood Stock Surges on Layoffs and SEC Tokenized Stock Plan
Robinhood shares jumped 11% after the brokerage announced layoffs and as the SEC considers allowing tokenized stocks, which could boost competition with Coinbase and pressure traditional brokers.
SoFi CEO Noto Boosts Stake Amid Rate Decision Anticipation
SoFi Technologies CEO Anthony Noto bought 13,888 shares for $251K ahead of the Fed's rate decision, sending the stock up 3.2% to $18.28.
AWS Enables Publishers to Charge AI Bots for Content Access
AWS now lets publishers charge AI bots for content via AWS WAF, with Coinbase and Stripe handling payments. Zoomex launches tokenized stock trading on 12 U.S. equities.
ARK Invest Pours $500M into SpaceX Post-IPO, Sells Tesla and AMD
ARK Invest buys over $500 million in SpaceX shares post-IPO, selling Tesla, AMD, Robinhood, and Teradyne to fund the move. SpaceX stock hit $225.38 intraday.
SpaceX Nasdaq Debut Sparks Robinhood App Surge and Trading Delays
Robinhood saw a 65% spike in app downloads on Friday as SpaceX shares began trading on Nasdaq, surging 19% and driving record retail trading volumes, leading to platform issues.
Bitcoin Recaptures $65,700 as Geopolitical Fears Ease; Fed Meeting in Focus
Bitcoin rebounded to $65,717 as geopolitical tensions eased and spot-Bitcoin ETFs saw renewed inflows. The Federal Reserve's upcoming policy meeting is the next key catalyst for crypto markets.
ARK Invest Acquires 3.3 Million SpaceX Shares on IPO Day, Exits Teradyne, Iridium, Archer
ARK Invest acquired nearly 3.3 million SpaceX shares on its IPO day, funding the purchase by selling stakes in Teradyne, Iridium, Twist Bioscience, and Archer Aviation.
Robinhood Shares Steady Near $92 as SpaceX IPO Drives Record Traffic
Robinhood shares hover near $92 as Needham raises price target to $97, citing strong May operating data. SpaceX IPO traffic drives record activity but exposes platform reliability risks.
Robinhood Surges as IPO Underwriting Nod Opens New Revenue Streams
Robinhood shares jumped 3% to $86.36 as the broker gains approval to underwrite IPOs, moving closer to Wall Street's core. The move comes as SpaceX's IPO draws massive retail demand and CFTC weighs event contract regulations.
Robinhood Stock Jumps on Strong May Metrics, Crypto Concerns Linger
Robinhood shares surged 8.2% after May data revealed strong trading activity and asset growth, but crypto volume on the app remains down 50% year over year.
SoFi Holds Steady After Strong Q1, Analysts Eye Rate Risks
SoFi shares held at $16.50 after a 2.9% Monday gain, buoyed by record Q1 results. Focus now on pre-market action and analyst views on rate and credit risks.
SoFi Technologies Hovers Near $16 as Market Awaits Monday Open
SoFi Technologies stock hovers near $16 in pre-market trading, with markets watching Monday's open after a sharp drop last week, as investors assess record Q1 results against unchanged guidance.
SoFi Shares Slide 12% as Rate Fears Overshadow New Product Launches
SoFi stock dropped 12% to $16.03 as a hot jobs report reignited rate worries, eclipsing the AI Coach launch and stablecoin push. Focus now shifts to Wednesday's CPI data and the June 17 annual meeting.
Crypto Crash Deepens: Portnoy's Losses Mount as $390B Wiped Out
Dave Portnoy's crypto losses deepen amid a $390 billion market rout. Strategy's sale of 32 Bitcoin rattles investors, raising concerns of further sales.
SoFi Stock Slides on AI Optimism Fade, Muddy Waters Overhang
SoFi shares dropped nearly 6% Wednesday, erasing last week's gains from its AI coach and stablecoin launches, as investors weigh product potential against market headwinds and short-seller risks.
SoFi's AI Coach Launch Fails to Lift Premarket Shares as Growth Debate Intensifies
SoFi shares slipped 0.9% premarket after launching an AI financial coach, as investors weigh record Q1 growth against unchanged 2026 guidance and credit risks.
Supreme Court Seeks Trump Admin View on Robinhood IPO Lawsuit
The Supreme Court seeks the Trump administration's opinion on Robinhood's appeal to dismiss an investor lawsuit over alleged incomplete IPO disclosures, with implications for financial reporting rules.
Robinhood Stock Slips on Supreme Court IPO Ruling
Robinhood shares fell 4.5% to $90.07 after the Supreme Court asked for Trump administration input on a class-action IPO case. Crypto revenue dropped 47% last quarter.
SoFi Gains Premarket as Stablecoin Launch Nears for 15M Users
SoFi Technologies shares rose 2.14% in premarket Monday to $18.61, building on a 17% surge last week driven by excitement over the SoFiUSD stablecoin launch for nearly 15 million members.
Robinhood Stock Surges on Crypto Policy, AI Trading, and Trump Accounts Launch
Robinhood Markets closed at $94.30, up 11.15% for the day and 28% from last week, driven by crypto policy, Trump Accounts, and AI trading news.
Robinhood Stock Surges on Trump Accounts and AI Trading Launch
Robinhood stock gained 3.9% to $88.14 Friday, fueled by the debut of Trump Accounts for children and new AI-powered trading features.
SoFiUSD Stablecoin Launch Drives Premarket Stock Surge
SoFi shares rose 4.9% premarket after launching SoFiUSD, a stablecoin available to 15 million members via its banking app.
Robinhood Unveils AI Agent Trading and Credit Card Features, Shares Surge
Robinhood shares jumped 9.6% to $83.55 after introducing AI-agent-driven trading and credit card features, enabling users to let AI execute trades and payments.