The bulls are in control as they look ahead to interest rate cuts and impressive technology-driven earnings growth. Wall Street blocks out nearly everything else since interest rates and earnings are the two largest factors that drive stock prices over the long haul. Jay Powell and the Fed committed to start cutting interest rates next month with the S&P 500 trading just below its all-time highs. There could be more selling and volatility in the near term with Wall Street possibly ready to take profits befo ...

Cryptocurrencies have suffered lately owing to the broader market selloff earlier this month, triggered by fears of a recession. However, fears have alleviated over the past two weeks, following the release of a spate of positive economic data that showed the U.S. economy is still holding strong. On Aug 21, Bitcoin (BTC) rebounded from its earlier lows and was trading above $60,770 after the release of the minutes of the Federal Reserve's Federal Open Market Committee (FOMC) meeting that hinted at the first ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 22: Nova Ltd. (NVMI) : This semiconductor process control company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days. Nova's shares gained 9.2% over the last three months compared with the S&P 500's advanced of 6.7%. The company possesses a Momentum Score of A. Robinhood Markets, Inc. (HOOD) : This financial services p ...

Cindy Ord/Getty Images Entertainment Before Q1 earnings, I wrote an article expressing my belief that Robinhood was a Strong Buy. After the recent market-related drop, brilliant Q2 earnings and July monthly metrics, I re-iterate my STRONG BUY rating. The recent drop On May 4, I posted my bullish thesis on Robinhood (NASDAQ:HOOD). At the time, Robinhood was trading around $17. The stock reached $24.88 and then dropped a whopping 43% following the overall market correction. Since then, Robinhood has recovered ...

升级 营收及利润进一步增长，新产品助力用户 Robinhood 2Q2024 财报点评 核心观点 ⚫ 2Q2024 公司单季营收与盈利进一步增长，利息净收入持续增长。1）2Q2024 公司 实现营收 6.82 亿美元，+40.33%YoY，+10.36%QoQ；实现 GAAP 净利润 1.88 亿 美元，+652.00%YoY，+19.75%QoQ，在 2Q2023 利润由负转正的基础上进一步快 速增长，主要得益于优秀的成本管控。2）2Q2024 公司分别实现交易收入/利息净收 入/其他收入分别为 3.27/2.85/0.70 亿美元，+69.43%/+21.79%/+18.64%YoY，- 0.61%/+12.20%/+100.00%QoQ。 ⚫ MAU 有所反弹，户均资产及 DARTs 提升明显。1）截至 2Q24 公司有资产账户数 为 2420 万，+30 万 QoQ/+100 万 YoY；MAU 为 1180 万，+9.26%QoQ/- 13.87%YoY。2）截至 2Q24，客户总资产及户均资产分别为 1397 亿美元/5773 美 元，+7.79%/+6.46%QoQ，+57.32%/+50.82 ...

H P I F TIP Alistair Berg We've had our first taste of market volatility in what seems like over a year, but Robinhood (NASDAQ:HOOD) is standing firm. The digital-first brokerage has continued to be a beacon for new fund deposits as stock market participation climbs. Robinhood continues to benefit from a plethora of tailwinds, including high interest rates that are feeding net interest income and renewed trading volumes. The company recently reported very strong Q2 results that demonstrated >40% y/y revenue ...

Key Takeaways Shares of Robinhood Markets climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the stock. Robinhood late Wednesday said it had 24.2 million funded customers at the end of July, up about 70,000 from June. Deutsche Bank raised its rating on the stock to "buy" from "hold," lifting its price target from $21 to $24. Shares of Robinhood Markets (HOOD) climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the ...

Robinhood isn't just about YOLO trading anymore. Robinhood (HOOD 2.96%) burst onto the scene during the pandemic as the zero-fee trading platform. But it has matured into a much more stable and expansive business with retirement now a focus. In this video, Travis Hoium talks about a strategic change for the company. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...

The global selloff did a number on Robinhood Markets Inc (NASDAQ:HOOD), though the stock has been steadily climbing since then. The road to recovery started last Thursday, with a 3.6% post-earnings pop after the fintech company's upbeat earnings. Today, HOOD was last seen up 1.3% at $18.16, and earlier traded as high as $18.56, after Piper Sandler noted the recent pullback as a "buying opportunity" and lifted its rating to "overweight" from "neutral." Despite the recent rally, Robinhood stock has yet to com ...

Robinhood Markets reportedly submitted a response to a Securities and Exchange Commission (SEC) Wells Notice that it received in May, which warned the company of impending enforcement action related to its cryptocurrency business. Vlad Tenev, CEO of Robinhood, told Bloomberg Television about this move in a Thursday (Aug. 8) interview, while adding that he had no other updates to share, Bloomberg reported. "We've spent a lot of time making sure that the response is as high-quality as possible," Tenev said, p ...