Robinhood Markets
about HOOD
Robinhood Markets offers a commission-free trading app that allows retail investors to buy and sell stocks, ETFs, cryptocurrencies, and other financial products with ease.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $116.69 | $120.70 | $115.76 | $103.6B | 21.12M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$0.63 | 76.33 | 86.35 | 49.84% | 43.64% | 0% |
Robinhood just announced it's launching pro and college football prediction markets. This is an expansion of their existing event contracts, but a massive move into the sports world. They're structuring it like a financial market, not traditional sports betting, and it's offered through their derivatives unit. Could this be a major new revenue stream for the company and bring more users to the platform?
What the heck is going on with Robinhood and their "OpenAI Tokens"?
https://x.com/openainewsroom/status/1940502...
The official OpenAI X account is washing their hands of any involvement, implying Robinhood has gone rogue issuing "equity" with literally zero actual value or ownership.
Ouch. Robinhood fails to join the S&P 500 during the latest quarterly rebalancing, despite being highly expected to do so.
AlphaGod
6 months ago
Wild that COIN was allowed to be included but HOOD wasn't. One of these options only deals in internet funny money while the other enables trading legitimate stocks.