Wednesday, 28 October, 2026
Crypto Cooldown Hits Robinhood: Sluggish Trading Triggers Earnings Miss
By TechShots Studio
Robinhood Markets missed third-quarter financial estimates as a sharp drop in cryptocurrency trading activity weighed on overall performance. Despite reaching a record $1.42 billion in net revenue, a 38% slump in crypto transaction volumes and venture fund markdowns pulled net income down 14% to $476 million, sending shares lower in after-hours trading.
Read full story at REUTERS