Robinhood Markets (Nasdaq: HOOD) is the e-trading brokerage platform that is extremely popular among retail traders for its equity, crypto, and tokenized stock offerings. On July 1, the broke
Robinhood Markets (Nasdaq: HOOD) is the e-trading brokerage platform that is extremely popular among retail traders for its equity, crypto, and tokenized stock offerings.
On July 1, the brokerage firm launched Robinhood Chain, an Arbitrum permissionless, layer-2 blockchain built on Ethereum (ETH). The network has gained popularity for meme coins and tokenized real-world assets (RWAs).
Related: 1inch integrates Robinhood Chain as tokenized stock trading goes onchain
The company reported its earnings for the second quarter of 2026 after the closing bell on July 29.
The firm missed Wall Street estimates during Q1 when it generated $0.38 in earnings per share (EPS) and $1.07 billion in revenue against the estimated figures of EPS of $0.39 and revenue of $1.139 billion.
During Q2 2026, Robinhood generated $1.31 billion in revenue and $0.62 in EPS, beating Wall Street estimates, compiled by FactSet, of EPS of $0.41 on revenue of approximately $1.26 billion.
The HOOD stock closed at $89.84 on July 29, down 3% in a day.
Related: Analysts hike Robinhood stock price target ahead of July 29 earnings
