Robinhood

Federal prosecutors in Manhattan charged former Robinhood engineers Hefu Chai and Huaisong Xiang with violating the Commodity Exchange Act for allegedly front-running crypto listings and each profiting more than $50,000. Robinhood shares dropped about 5% and peer Webull fell around 9% as markets repriced regulatory and reputational risk, while major crypto and equity ETFs moved little. The sell-off followed the Senate's failure to advance the CLARITY Act and traders await any company statement on controls and governance. » Plus sur finance.yahoo.com

Robinhood Markets has over 24 million customers and a record $140+ billion in custody of customer assets. An unexpectedly strong midquarter trading update and raised annual targets triggered a key turning point. The company is increasingly focusing on higher-margin offerings such as 24/5 trading, subscription models (Robinhood Gold), interest-bearing cash balances and expansions in Europe. » Plus sur finanzen.net

ARK Invest bought shares of Robinhood after trimming its position over the summer, citing stronger fundamentals: event contracts revenue scaled to $156 million in Q2 and surpassed crypto, platform assets rose to $384 billion with $4 billion net deposits in August, and margin balances climbed to $21.5 billion. These trends point to deeper customer engagement and multiple revenue streams for Robinhood, though volumes have cooled since a June peak. The author rates Robinhood as a hold given a valuation near 39 times projected 2027 earnings, not a clear buy at current levels. » Plus sur finance.yahoo.com