Brokerages

BofA Securities analyst Craig Siegenthaler revised estimates and price forecasts for several broker stocks ahead of earnings season. The analyst writes that a deeper equity market correction poses EPS risks from cash sweep revenues, trading/margin loans, and AUM-based fees. Siegenthaler expects...

Charles Schwab Corp (NYSE:SCHW) shares are trading higher on Friday after the company reported activity for February 2025. The company’s core net new assets brought to the company by new and existing clients stood at $48.0 billion, up around 44% year-over-year. As of the end of February,...

Stocks and cryptocurrencies saw heavy action during the after-hours trading session during the 2024 election thanks to the expansion of 24-hour trading at companies like Robinhood Markets (NASDAQ:HOOD), which sees the extended hours as a key user growth item moving forward. Here's a look at the top...

Editor’s note: The headline of this story has been updated to clarify that Bitcoin is the top recurring investment on the Robinhood platform, not the most traded asset, and the story has been updated with more detail. Trading platform Robinhood Markets (NASDAQ:HOOD) has grown from a strong...

CBOE (BATS:CBOE) CEO Fred Tomczyk shared his excitement for upcoming product from Robinhood Markets (NASDAQ:HOOD) and put an emphasis on retail investors during an exclusive interview Thursday with Benzinga. Robinhood Growth: Since taking over the role of CEO of Cboe in September 2023, Tomczyk said...

Analysts see Robinhood Markets Inc (NASDAQ:HOOD) having a favorable environment in the second quarter for equity and crypto, which will be among the items investors are watching when the company reports quarterly earnings on Wednesday after market close. Earnings Estimates: Analysts expect...

Multiple online brokerage platforms experienced problems Monday morning as markets continue to melt. What To Know: Online brokerages including Charles Schwab Corp (NYSE:SCHW), Vanguard and Fidelity National Financial Inc (NYSE:FNF) were not working properly for thousands of users, according to data...

Fintech and trading platform company Robinhood Markets (NASDAQ: HOOD) reported third-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Robinhood reported third-quarter revenue of $361 million, up 14% sequentially. The revenue total beat a Street...

Cathie Wood-led Ark Invest on Tuesday further raised its exposure in Robinhood Market Inc (NASDAQ: HOOD) as the stock of the company that operates a marketplace for stocks, options, and cryptocurrency slipped lower. The popular money manager bought 331,820 shares — estimated to be...

Financial services company Robinhood Markets Inc (NASDAQ: HOOD) reported a data security incident where the personal information of over seven million users was compromised. What Happened: In a statement on Monday, Robinhood, which allows trading of stocks and cryptocurrencies on its...

Cathie Wood’s money managing firm Ark Invest on Wednesday further raised its exposure in Robinhood Markets Inc (NASDAQ: HOOD) as shares of the financial services company tanked after reporting earnings for the latest quarter. Ark Invest bought 2.24 million shares — estimated to be...

Cathie Wood-led Ark Investment Management on Monday snapped up 19,300 shares — estimated to be worth about $3.57 million — in Walt Disney Co (NYSE: DIS), as the media and entertainment company scores success with the theater-only ‘Shang-Chi’ release. Disney shares closed 0....

Online brokerage Robinhood Markets Inc. (NASDAQ: HOOD) said that meme cryptocurrency Dogecoin (CRYPTO: DOGE) accounted for 62% of its cryptocurrency transaction-based revenue in the second quarter. What Happened: Robinhood, which announced its first earnings results as a public company on Wednesday...

Robinhood Markets Inc. (NASDAQ: HOOD) continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as of Wednesday night, while Advanced Micro Devices Inc. (NASDAQ: AMD), AMC Entertainment Holdings Inc. (NYSE: AMC) and Moderna Inc. (NASDAQ: MRNA) are also seeing high interest....

Retail broker Robinhood went public last week and opened down on its first day of trading. Robinhood Markets Inc (NASDAQ: HOOD) priced shares at $38 and was valued at $32 billion in its initial price offering. The company had 31 million users according to recent reports. After getting the attention...