The logo of Robinhood Markets is seen at a pop-up event on Wall Street after the company’s initial public offering in New York City on July 29, 2021. Andrew Kelly | Reuters Robinhood announced Tuesday that the online broker is launching new prediction markets for professional and college-level football. Customers will now be able to trade on the outcomes of …
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The online brokerage Robinhood soared past analysts’ expectations Wednesday when it posted strong financials for the second quarter. It reported a 7% quarter-over-quarter increase in revenue to $989 million, beating the FactSet consensus of almost $915 million. And it reported earnings per share of 42 cents, a beat of analysts’ consensus of 31 cents. The fintech “hulk smashe[d]” its earnings, …
Read More »Coinbase Stock and Robinhood Rise After Crypto Bill Victory. MicroStrategy and Block Also on the Move. Barron’s Live updates: Trump expected to sign new cryptocurrency bill into law AP News ‘Put up or shut up’: Landmark win in Congress to test crypto’s viability Politico Crypto Industry Reaches Milestone With Passage of Genius Act The New York Times Regulating Stablecoins Will Take a Genius Act, …
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