Thursday, 30 July

Thursday, 30 July2026

Retail Rally: Prediction Markets & Volatility Drive Record Robinhood Revenue

By TechShots Studio
Retail Rally: Prediction Markets & Volatility Drive Record Robinhood Revenue
Robinhood Markets beat Q2 profit estimates, posting record revenue of $1.3 billion—up 32% year-over-year. Driven by heightened market volatility and rapid adoption of newer features like prediction markets, transaction revenue surged 44% to $776 million. The platform achieved record net deposits of $22 billion and platform assets near $400 billion, easily topping analyst expectations despite crypto trading weakness.
Read full story at REUTERS

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