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Robinhood News

Latest Robinhood News

Robinhood announces layoffs affecting 290 employees amid restructuring push - 6
News
Read more - Robinhood announces layoffs affecting 290 employees amid restructuring push

Robinhood announces layoffs affecting 290 employees amid restructuring push

Robinhood has announced plans to cut about 290 jobs, or roughly 10% of its full-time workforce, while recording approximately $28 million in related charges as the online brokerage moves to simplify its management structure. According to Robinhood, the layoffs are…
Robinhood opens AI-powered trading to all users, sending HOOD stock past $100 - 7
Markets
Read more - Robinhood opens AI-powered trading to all users, sending HOOD stock past $100

Robinhood opens AI-powered trading to all users, sending HOOD stock past $100

Robinhood stock has surged more than 7% and briefly crossed the $100 mark after the company opened its AI-powered Agentic Trading platform to all customers. According to an update shared by Robinhood on X, users can now connect artificial intelligence…
World Cup betting frenzy could lift Robinhood prediction market revenue: Bernstein - 8
News
Read more - World Cup betting frenzy could lift Robinhood prediction market revenue: Bernstein

World Cup betting frenzy could lift Robinhood prediction market revenue: Bernstein

Bernstein has projected Robinhood’s prediction market revenue to reach $586 million in 2026, up from $150 million in 2025, as World Cup trading activity has pushed daily market volumes as high as $4.8 billion. According to a Monday client note…
Robinhood wins approval to join IPO underwriting ranks - 9
News
Read more - Robinhood wins approval to join IPO underwriting ranks

Robinhood wins approval to join IPO underwriting ranks

According to a statement shared by Robinhood chief executive Vlad Tenev on X on Tuesday, Robinhood Securities is now approved to serve as an underwriter, allowing the company to move beyond distributing IPO shares and into the group of firms…
Robinhood completes Canadian crypto expansion through $180M WonderFi buyout - 10
News
Read more - Robinhood completes Canadian crypto expansion through $180M WonderFi buyout

Robinhood completes Canadian crypto expansion through $180M WonderFi buyout

Robinhood has completed its $180 million acquisition of WonderFi and entered the Canadian crypto market with access to roughly 300,000 funded customer accounts and two of the country’s largest digital asset trading platforms. According to Robinhood’s announcement on Monday, the…
Robinhood
News
Read more - Robinhood opens door for AI agents as crypto trading plans loom

Robinhood opens door for AI agents as crypto trading plans loom

Robinhood has launched Agentic Trading and an Agentic Credit Card service that lets users connect AI agents to separate trading and spending tools inside its platform. Robinhood said the new products allow customers to give approved AI agents direct access…
Robinhood set to close WonderFi deal after Canadian regulatory approval - 11
News
Read more - Robinhood set to close WonderFi deal after Canadian regulatory approval

Robinhood set to close WonderFi deal after Canadian regulatory approval

Robinhood has secured final Canadian regulatory approval for its planned acquisition of WonderFi, allowing the C$250 million deal to move toward a June 1 closing date. According to WonderFi’s press release issued on Monday, the Canadian Investment Regulatory Organization approved…
Robinhood crypto COO Denisova exits amid 47% revenue drop - 12
News
Read more - Robinhood crypto COO Denisova exits amid 47% revenue drop

Robinhood crypto COO Denisova exits amid 47% revenue drop

Robinhood crypto COO Tanya Denisova is leaving the platform after more than five years. Tanya Denisova, chief operating officer of Robinhood Crypto, is leaving the company after more than five years, according to two people with knowledge of the matter.…
Algorand price approaches golden cross amid Robinhood listing, will it reclaim $0.20? - 13
Markets
Read more - Algorand price approaches golden cross amid Robinhood listing, will it reclaim $0.20?

Algorand price approaches golden cross amid Robinhood listing, will it reclaim $0.20?

Algorand price has started regaining momentum this month as traders rotate back into select layer-1 tokens supported by improving technical structures, rising on-chain activity, and fresh exchange accessibility catalysts. According to data from crypto.news, Algorand (ALGO) price traded around $0.114…
Algorand ALGO Algorand
Robinhood defends Wall Street's slow crypto pivot - 14
News
Read more - Robinhood defends Wall Street’s slow crypto pivot

Robinhood defends Wall Street’s slow crypto pivot

Robinhood said at Consensus Miami 2026 that Wall Street is now actively building on crypto rails, though institutional adoption is moving slower and more fragmented than the industry expected. Executives from Robinhood-owned Bitstamp, Ondo Finance, and Babylon Labs told Consensus…
Robinhood shares drop 12.5% as crypto slump hits Q1 revenue, profit.
News
Read more - Robinhood shares drop 12.5% as crypto slump hits Q1 revenue, profit

Robinhood shares drop 12.5% as crypto slump hits Q1 revenue, profit

Robinhood shares fell sharply on Wednesday after the trading platform reported weaker-than-expected first-quarter results, with a slowdown in crypto activity dragging on both revenue and profit. The stock dropped around 11% following the release, as market volatility tied to digital…
Robinhood backs OpenAI with $75M retail access strategy - 15
News
Read more - Robinhood backs OpenAI with $75M retail access strategy

Robinhood backs OpenAI with $75M retail access strategy

Robinhood Ventures Fund I bought $75 million in OpenAI stock to back tokens giving retail investors indirect private market exposure via AI.
Asia markets rise led by Nikkei and Kospi, how are crypto equities faring?
Markets
Read more - Asia markets rise led by Nikkei and Kospi, how are crypto equities faring?

Asia markets rise led by Nikkei and Kospi, how are crypto equities faring?

Japanese and South Korean equities advanced on Friday after a late rebound on Wall Street, as traders bet that tensions in the Iran war may be edging closer to a managed outcome. Japan’s Nikkei 225 rose 1.4%, while South Korea’s…
Robinhood unveils $1.5B buyback as HOOD drops 39% YTD - 16
News
Read more - Robinhood unveils $1.5B buyback as HOOD drops 39% YTD

Robinhood unveils $1.5B buyback as HOOD drops 39% YTD

Robinhood approved a $1.5 billion buyback over three years as HOOD fell 39% YTD and secured a new JPMorgan credit facility amid stock slump.
Token2049 Dubai postponed to 2027, Robinhood crypto volumes surge 9%, Ethereum Foundation formalizes mandate | Weekly recap - 17
Recap
Read more - Token2049 Dubai postponed to 2027, Robinhood crypto volumes surge 9%, Ethereum Foundation formalizes mandate | Weekly recap

Token2049 Dubai postponed to 2027, Robinhood crypto volumes surge 9%, Ethereum Foundation formalizes mandate | Weekly recap

In this week’s edition of the weekly recap, Token2049 organizers postponed the Dubai edition until 2027 citing safety concerns from escalating Iran-Israel-U.S. tensions, Robinhood reported February crypto notional volumes increased 9% to $25 billion and the Ethereum Foundation published a…
Ark Invest adds Coinbase and Robinhood shares as crypto equities slide.
News
Read more - Ark Invest adds Coinbase and Robinhood shares as crypto equities slide

Ark Invest adds Coinbase and Robinhood shares as crypto equities slide

Ark Invest has added more shares of Coinbase and Robinhood across its exchange-traded funds on Tuesday as crypto equities dipped in response to geopolitical concerns. The Cathie Wood-led firm has acquired a total of 22,452 shares in Coinbase through its…