HOOD Stock Recent News

Investors are reasonably worried when a mega investor decides to take action in a particular stock, especially when the action entails selling that stock. The problem is that markets will overreact to the news of someone getting out of a position without realizing that the meaning behind the decision might be more vague than they know.

Steve Quirk, Robinhood chief brokerage officer, joins 'Closing Bell Overtime' to talk Robinhood's new desktop trading tools and options.

At its first annual HOOD Summit in Miami this week, Robinhood Markets (HOOD) unveiled new futures and index options trades for active investors. Robinhood CEO Vlad Tenev sits down with Yahoo Finance executive editor Brian Sozzi to speak more about this new suite of trading tools.

Cboe Global Markets CEO Fred Tomczyk discusses the Cboe's index options coming to Robinhood, demand for derivatives and the exchange's appetite for M&A. Speaking on "Bloomberg Open Interest," Tomczyk also says he has nobody in mind right now to succeed him as CEO.

Vlad Tenev, Robinhood's founder and chief executive officer, talks about new tools its using to attract more "sophisticated investors" to the platform. Customers will be able to trade more futures contracts.

Robinhood co-founder and CEO Vlad Tenev joins 'Squawk Box' to discuss the company's first-ever 'Hood Summit" in Miami, the rollout of new advanced trading features, betting on the 2024 election, trading crypto, the formation of AI research lab Harmonic, and more.

Robinhood Legend includes advanced charting tools for users. The brokerage firm also said it will soon add futures trading and index options to its mobile platform.

Robinhood Markets Inc (NASDAQ:HOOD) has launched its long-awaited desktop trading platform, 'Robinhood Legend', and added futures and index options trading to its mobile app. The fintech company, which became popular with retail investors, is now aiming to compete with traditional brokerages by expanding its services to cater to more experienced traders.

Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages.

Robinhood's funded customer base grew 34% since 2021, reaching 24.2 million accounts by Q2 2024, indicating strong engagement. AUC surged 72.6%, rising from $80.9 billion in Q1 2021 to $139.7 billion in Q2 2024. Millennials hold 50% of Robinhood's total AUC ($79 billion), positioning them as a critical target demographic for future growth.