Robinhood To Launch Own Prediction Market
Digest more
The 2025 third quarter is a snapshot in time, but it's a good example of how things have been going in general. Revenue doubled year over year to $1.3 billion, and net income was up 271% to $556 million. It added 2.5 million customers, a 10% increase, to end the quarter with 26.8 million.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Robinhood Markets options trades with real-time alerts from Benzinga Pro.
Robinhood has evolved into a digital finance leader. It saw growth in Q3. See here to know what HOOD stock's valuation surge means for investors.
Robinhood stock grew a lot and got expensive in 2025. It will only be worth its current price if the business' growth continues.
While the world of prediction markets is not new to Robinhood, which partnered with Kalshi earlier this year, it has now acquired a 90% stake in partnership with Susquehanna in MIAX (Miami International Holdings), a financial exchanges platform. Following the news, the company’s stock rose 11% adding to its 245% year-to-date stock rally.
Robinhood pauses Nevada sports prediction markets after a federal judge’s ruling, as legal disputes with the Nevada Gaming Board continue.