Business and Finance Business and Finance
Thu, February 13, 2025
[ Thu, Feb 13th ] - Forbes
Virpy Richter: The Gift Of Diverse Perspectives At The Awin Group
[ Thu, Feb 13th ] - Reuters
Robinhood shares surge as crypto market frenzy fuels record results
[ Thu, Feb 13th ] - MSN
?1.95 to ?215: Multibagger penny stock turns ?1 lakh into ?1.10 crore in four years
[ Thu, Feb 13th ] - MSN
Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress
[ Thu, Feb 13th ] - Reuters
Unilever to list ice cream business in Amsterdam, London, New York
[ Thu, Feb 13th ] - MSN
Prime Minister Narendra Modi on US visit, likely to meet Elon Musk
[ Thu, Feb 13th ] - Reuters
Unilever to list ice cream business in Amsterdam, London and New York
[ Thu, Feb 13th ] - MSN
Economists predict 2% GDP growth for South Africa in 2025 amid agricultural recovery
[ Thu, Feb 13th ] - Indiatimes
Top 20 richest families in Asia 2025: Mukesh Amba .. followed by key Indian and Asian business empires
[ Thu, Feb 13th ] - MSN
Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale
[ Thu, Feb 13th ] - Reuters
BNP Paribas and BPCE join forces in payment processing
[ Thu, Feb 13th ] - Reuters
Robinhood beats profit estimates as post-election trading frenzy lifts volumes
[ Thu, Feb 13th ] - decrypt
Riot Taps Advisors to Explore AI Partnerships as Bitcoin Miners Eye New Revenue Streams
[ Thu, Feb 13th ] - Reuters
Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit
[ Thu, Feb 13th ] - Reuters
Commerzbank to cut 3,900 jobs, mainly in Germany
[ Thu, Feb 13th ] - Indiatimes
Indian student admissions in Canada are affected .. dean of Alberta School of Business Vikas Mehrotra
[ Thu, Feb 13th ] - MSN
'Vindicated': Dallas City Council rezones neighborhood that once housed Shingle Mountain
[ Thu, Feb 13th ] - Yahoo
WEATHER AWARE for Heavy Rain and Severe Storms Tonight - CBS 42 News at 4 pm Weather Update
[ Thu, Feb 13th ] - MSN
The federal paperwork mine in DOGE's crosshairs is real and bizarre
[ Thu, Feb 13th ] - citizen
Why are African start-up exits scarce and how can founders better prepare?
[ Thu, Feb 13th ] - MSN
Is Albertsons Companies, Inc. (ACI) the Cheapest Retail Stock to Buy?
[ Thu, Feb 13th ] - Reuters
South Korea fines JPMorgan, Nomura, UBS and Morgan Stanley for short selling breaches
Wed, February 12, 2025
[ Wed, Feb 12th ] - MSN
I'm 32 with $7 million in the bank but my revenue .. nd I'll be lucky if I can find a job making $100k
[ Wed, Feb 12th ] - Forbes
Trump's Tariffs Causing Chaos In Auto Industry, Says Ford CEO
[ Wed, Feb 12th ] - MSN
Climate change threatens Valentine's Day gift of chocolates, charity warns
[ Wed, Feb 12th ] - Reuters
BofA doubles size of banking team in Switzerland after Credit Suisse collapse
[ Wed, Feb 12th ] - MSN
Which AI-Powered Jobs Can Fresh Graduates Look Out For? Let's Find Out
[ Wed, Feb 12th ] - MSN
Top 5 Best Cryptos to Watch in 2025: Qubetics ($TICS) and Other Coins with Over 240% ROI Potential
[ Wed, Feb 12th ] - MSN
Map Shows States Where Joann Fabrics Is Closing Most Stores
[ Wed, Feb 12th ] - MSN
Robinhood hits record $1 billion in Q4 revenue, boosted by 500% jump in crypto fees

Robinhood hits record $1 billion in Q4 revenue, boosted by 500% jump in crypto fees


Published on 2025-02-12 21:00:57 - MSN
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  • The online brokerage's stock soared in 2024 as investors flooded back into crypto to trigger another bull market.

Robinhood Markets Inc. reported a record-breaking $1.87 billion in revenue for the fourth quarter, significantly driven by a 500% surge in cryptocurrency transaction fees. This increase was attributed to heightened interest in digital assets, with Bitcoin and other cryptocurrencies experiencing a notable rally. The company's net revenue for the quarter was $471 million, surpassing Wall Street expectations. Additionally, Robinhood's crypto trading volume reached $36 billion, up from $12 billion the previous year. Despite this success, the company faced challenges including a $90 million fine from the Financial Industry Regulatory Authority for operational and technical failures. Robinhood also announced a 7% reduction in its workforce, aiming to streamline operations and focus on growth areas.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/technology/robinhood-hits-record-1-billion-in-q4-revenue-boosted-by-500-jump-in-crypto-fees/ar-AA1yVPCl ]
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