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Robinhood Smashes Q1 Earnings—Throws Another $500M at Stock Buybacks to Keep Investors Happy

Robinhood Smashes Q1 Earnings—Throws Another $500M at Stock Buybacks to Keep Investors Happy

Author:
Coindesk
Published:
2025-04-30 20:16:55
20
1

Robinhood Tops Q1 Earnings Estimates, Boosts Buyback Authorization by $500M

Robinhood just flexed its financial muscles, beating Wall Street’s Q1 estimates while casually adding half a billion dollars to its stock repurchase war chest. The move reeks of classic finance theater—because nothing says ’confidence’ like artificially propping up your own shares.

Active traders cheered the news, sending HOOD up in after-hours trading. Meanwhile, crypto traders shrugged and went back to chasing the next meme coin.

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