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Robinhood Reports Record Earnings After Cryptocurrency Pop

Robinhood Reports Record Earnings After Cryptocurrency Pop
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Robinhood s Crypto Trading Revenue Drops by 55% in Q3 2023

Robinhood s Crypto Trading Revenue Drops by 55% in Q3 2023
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Robinhood CEO Vlad Tenev Confirms Continued Investment In Crypto Despite Q2 Revenue Drop For The Segment - Robinhood Markets (NASDAQ:HOOD)

Despite a drop in crypto revenue during the second quarter, Robinhood (NASDAQ:HOOD) co-founder and CEO, Vlad Tenev, expressed confidence in the company’s ongoing investment in the cryptocurrency market at the company’s second-quarter conference call.

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Robinhood is laying off around 7% of staff, WSJ reports

Stock-trading app Robinhood Markets Inc. is laying off around 7% of its full-time staff, or around 150 people, the Wall Street Journal reported on Monday..

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Robinhood to buy back shares from SBF

Robinhood CEO Vlad Tenev said “we think this repurchase will be accretive over time and remove a distraction for shareholders.”

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