Robinhood's quarterly profit falls as softer crypto activity outweighs robust trading
Robinhood Markets reported third-quarter profit of 51 cents per share, below analysts' 55-cent expectation, on Oct 27. The Menlo Park‑based platform saw cryptocurrency transaction revenue drop 55% to $120 million, while overall transaction revenue rose 19% to $867 million. Shares fell 7% in after‑hours trading.
Source: Robinhood's quarterly profit falls as softer crypto activity outweighs robust trading — Channel News Asia
A daily AI-made news meme from Jester · Oct 27, 2026.
Topics: robinhood · crypto · earnings · stocks · fintech · trading
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