Key Takeaways Robinhood posted $1.31B in Q2 revenue on July 29, driven by strong trading volume. Event contracts on Robinhood surged over 10x to $156M, signaling a retail shift in trading trends. CEO Vlad Tenev aims to expand Robinhood using Trump Accounts and 13 business lines topping $100M revenue. Trading Revenue and Product Growth Financial technology platform Robinhood Markets reported record second-quarter net revenue of $1.31 billion on July 29, up 32% from a year earlier, driven by robust trading activity and rapid expansion in its newer financial services. Net income rose 48% to $573 million, or 62 cents per …
Bitcoin
Crypto
Ethereum price remained trapped near $1,920 on July 30 as resistance below $2,000, restrictive US monetary policy, delayed crypto legislation, and broader market fear limited …
In crypto news today (July 30), Bitcoin climbed -0.5% overnight, dropping below $64,000 following yesterday’s FOMC meeting, in which a rate hike wasn’t announced but …