FinanceAsianet Newsable
HOOD Stock Slips 1% After-Hours — Robinhood Tops Q2 Estimates As Volatility Drives Record Revenue, But Crypto Slump Weighs
in5points
HOOD stock slipped 1% in after-hours trading.
Robinhood topped Q2 estimates, driven by record revenue from market volatility.
Q2 cryptocurrency revenue was $100 million, down 38% year-on-year.
The crypto slump weighed on Robinhood's results despite record overall revenue.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Asianet Newsable
Center-right
Mixed factuality
Who owns this?
Asianet News Network
Rajeev Chandrasekhar / Jupiter Capital interests historically