Tag

Robinhood

All articles tagged with #robinhood

business2 months ago

Robinhood Surges with Record Revenue and Earnings Growth

Robinhood reported a third quarter with revenue doubling to $1.27 billion and earnings more than tripling to 61 cents per share, surpassing analyst expectations. The company's stock rose 4.15% before the report and has gained 282% year-to-date, driven by market volatility and new product launches like prediction markets. Robinhood also plans to expand internationally, leveraging its strong performance and positive analyst outlook.

business3 months ago

Robinhood CEO Predicts Tokenization to Transform Global Finance by 2030

Robinhood CEO Vlad Tenev predicts that asset tokenization will revolutionize financial services by expanding the market to tens of trillions of dollars, making assets more accessible and reducing fees, with initial growth outside the US. Robinhood has already begun offering tokenized equities and is exploring expansion into prediction markets globally, positioning itself as a key player in this transformative trend.

business4 months ago

Robinhood CEO on the AI Revolution and Company Transformation

Robinhood CEO Vlad Tenev predicts that every company will become an AI company at an accelerated pace, similar to past tech shifts like mobile and cloud, with AI transforming business operations and job roles, while humans will still play a crucial role. Companies are investing heavily in AI, and its integration is already widespread, though many pilot programs have failed. Experts believe AI will enable more single-person businesses and significantly impact the economy and employment.