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2026-10-27 23:01:25 UTC

tzongocu on Nostr: 📰 News Alert... 🔖 Title: Robinhood Reports Record Revenue of $1.42 Billion Amid ...

📰 News Alert...

🔖 Title: Robinhood Reports Record Revenue of $1.42 Billion Amid Growing Sports and Election Bets
🗓️ Published: 2026-10-28T01:01:23.000Z
📄 Summary: Robinhood has announced a record revenue of $1.42 billion for the latest quarter, driven by increased activity in sports and election betting, which reached $173 million. Despite this strong revenue performance, the company reported earnings of $0.51 per share, slightly below the anticipated $0.55. Meanwhile, cryptocurrency trading activity saw a modest uptick, contributing to the overall financial results. Robinhood's expanding focus on diverse betting markets signals a strategic shift in its business model.
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https://decrypt.co/382004/robinhood-misses-q3-earnings-crypto-prediction-markets

🗞️ Source: Jose Antonio Lanz
💓 #Fintech #CryptoTrading #SportsBetting