Core Viewpoint - Robinhood's stock dropped 7.6% in pre-market trading, reflecting investor concerns over its Q4 performance despite some positive earnings metrics [1] Financial Performance - Total revenue for Q4 increased by 27% year-over-year to $1.28 billion, but fell short of analyst expectations of $1.351 billion [1] - Net profit decreased by 34% year-over-year to $605 million, resulting in earnings per share of $0.66, which slightly exceeded analyst expectations of $0.65 [1] Cryptocurrency Revenue - Revenue from cryptocurrency trading declined by 38% year-over-year to $221 million, which was below market expectations [1]

With a slew of marquee sporting events lined up for the year, Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev voiced optimism on Tuesday about the firm’s prediction markets business.A Big Year For Sports-Based Prediction Market?During Robinhood’s fourth-quarter earnings call, Tenev revealed that NBA contracts had surpassed the NFL in trading activity on the company’s prediction market platform, despite industry-wide concerns that the end of the 2025 football season would drag down trading activity.With ...

JUST IN: $76B Robinhood launches its own chain, an Ethereum L2 built on Arbitrum. Its public testnet is now live. https://t.co/1pUDQPvfUJ ...

RT Robinhood (@RobinhoodApp)The Robinhood Chain public testnet is live 🛠️Developers can now build on a financial-grade Ethereum Layer 2 built on @arbitrum— designed to support tokenized real-world and digital assets.Start building with the core foundation of Robinhood Chain: https://t.co/ZH4V0l0kKELearn more on our newsroom: https://t.co/niWJVkBW4K ...

🚨 BREAKING: CHAINLINK SELECTED AS ORACLE FOR ROBINHOOD CHAIN@RobinhoodApp has launched a public testnet for Robinhood Chain.The company confirmed @Chainlink as its oracle and interoperability partner.The setup supports data feeds, cross-chain messaging, and compliance tooling. ...

Robinhood said developers will begin experimenting with applications on its Ethereum layer-2 network, while providing key technical feedback. https://t.co/V60wBVIKB9 ...

Robinhood has launched "Robinhood Chain," a Layer 2 blockchain built on Arbitrum technology and compatible with Ethereum, designed specifically for financial services and tokenized real-world assets (RWA). The testnet is now live for developers to test and validate financial applications. https://t.co/YAGHjbRmpU ...

JUST IN: @RobinhoodApp launches public testnet and partners with Chainlink as the oracle platform for Robinhood Chain.Builders can leverage Chainlink’s data, interoperability, and compliance standards to power advanced tokenization use cases.Robinhood 🤝 ChainlinkRobinhood (@RobinhoodApp):The Robinhood Chain public testnet is live 🛠️Developers can now build on a financial-grade Ethereum Layer 2 built on @arbitrum— designed to support tokenized real-world and digital assets.Start building with the core founda ...

The countdown is on. Everything you need to get the edge at the end of the market day. Live from Studio two at Bloomberg headquarters in New York, I'm Katie Greenfield and standing next to me.Hello, Scarlet Fu. Hello. It's an it it's not even an ETF like you did, not even a monday.All right. We're kicking you off to the closing bell here in the US on this Tuesday with stocks mixed Right now, you do have the S&P 500 lower by a 10th of 1%, but we're still pretty much near record highs in terms of the gainers ...

Company Overview - Robinhood's fourth quarter revenue missed expectations, leading to an almost 8% decline in after-hours trading [1] - The stock was already down about 40% from its all-time high in October, raising concerns about its performance during the current crypto downturn [4] Financial Performance - Key metrics showed deceleration, particularly in net deposit growth, which continued to decline into January [2] - Despite the topline miss, management's commentary on future business growth and transaction volumes was constructive, indicating a decent outlook [3] Crypto Market Impact - Crypto revenue has decreased from over 20% to an expected near 10% of total business, with a potential 50% haircut to current trading volumes during a crypto winter [6] - This scenario would only result in a manageable 10% hit to Robinhood's EBITDA [6] Business Diversification - Robinhood is better positioned during the current crypto downturn due to its diversified product lineup, including a significant increase in net interest income and new offerings like retirement accounts and banking products [9][10] - The company is evolving into a more comprehensive financial app, which enhances its resilience compared to previous downturns [8] Options Trading Growth - Options trading, which constitutes about 25% of Robinhood's revenue, is expected to see significant growth, potentially up to 40% due to increased penetration and new product offerings [12][14] - The options market is less cyclical, allowing for trading in both up and down markets, which supports long-term growth for Robinhood [13] Prediction Markets - Robinhood's entry into prediction markets is seen as a potential growth area, leveraging its strong distribution capabilities despite increasing competition [15] - The company has announced a partnership that enhances its control over economics and product innovation in this space [16]