BUSINESSMARKETWATCH
Robinhood puts up record revenue as volatility drives a trading bonanza
Robinhood reported record revenue driven by a tenfold increase in prediction-market revenues during the second quarter. The surge was attributed to market volatility creating a trading bonanza.
Related Signal
Adjacent reporting
- Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting
- Robinhood’s Q1 crypto revenue and trading volume fall nearly 50%
- Robinhood slides 4% despite earnings beat as crypto revenue cools
- Morgan Stanley's revenue and profit hit records on a surge in stock trading
- Robinhood Shares Slide on 34% Decrease in Crypto Revenue