Robinhood Joins Strategy, Tesla In Holding Bitcoin, Exec Says: 'We Care Deeply About Bitcoin'
Robinhood buys $25 million in Bitcoin as it expands into crypto perpetuals, tokenized stocks and blockchain infrastructure.
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Analysts initiate coverage: Buy ratings for Robinhood ($170), TriSalus ($11), Kodiak AI ($8); Underperform for Deckers ($70).
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Robinhood buys $25 million in Bitcoin as it expands into crypto perpetuals, tokenized stocks and blockchain infrastructure.
Robinhood’s Chief Investment Officer Steph Guild favors individual energy stocks over ETFs to invest in the energy sector.
Robinhood has launched Robinhood Agents, an AI-powered trading feature that allows users to connect AI models to automatically execute stock and crypto trades. Over 150,000 customers have opened agentic trading accounts with agents using Robinhood's tools nearly 30 million times daily. While the feature offers guardrails and manual approval options, it represents Robinhood's strategy to boost trading volumes and expand into next-gen markets like prediction markets and tokenized assets, though risks remain as AI-driven trading has historically underperformed.
A Benzinga viewer poll predicts how close sportsbook companies are from being overtaken by prediction market companies.
Kodiak AI (NASDAQ:KDK) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire