Robinhood Crushes Q2 Forecasts—Even as Crypto Revenue Stumbles
Robinhood just flexed its financial muscles—posting stronger-than-expected Q2 earnings while crypto trading revenues took a hit. The trading app’s core business is thriving, but its crypto arm? Not so much.
Crypto Winter Chills Revenue
Digital asset trading slumped—no surprise given the market’s sideways grind. Yet Robinhood’s stock and options volumes picked up the slack, proving diversification isn’t just a buzzword.
Wall Street’s Favorite Disruptor (For Now)
The platform keeps winning over retail traders, even as traditional brokers scramble to keep up. Another quarter, another reminder that commission-free trading isn’t a gimmick—it’s a gut punch to legacy finance.
The Bottom Line
Robinhood’s beating expectations while crypto bleeds. Maybe those 'diamond hands' memes should’ve been about equities instead. (And yes, we see the irony—a platform built on volatility now hedging with boring old stocks.)
