Robinhood earnings, consumer spending: Asking for a Trend

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Robinhood Noticias

Trading Day,Devin Ryan,Josh Lipton

On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest themes and takeaways from the trading day. Robinhood (HOOD) topped...

and earnings of $0.21 per share. However, the trading platform fell short of Wall Street estimates for user growth. Citizens JMP director of financial technology research Devin Ryan explains thatas it saw revenue grow 40% year over year. He notes that the company delivered great profitability and saw new net deposits — which he sees as a core driver — rise 40% more than it did in 2023.

But I think the vision from the beginning was always to expand out both from a customer perspective and also from a product perspective.So that's driving a lot of momentum. So my base case is whoever is in the White House, you're going to see more productive conversations around crypto than we've seen over the past couple of years.There's a lot of data points that I think back that up in terms of what you're seeing happening in DC right now in the bipartisanship that is actually starting to come together which, you know, I think would have been shocking to people 69 months ago.

You don't wanna stay up till 1 a.m. tonight, Josh and, and be walking and I think the other thing she highlighted which is volatility. And it was interesting at least one analyst I saw he was talking about the margin underperformance in his opinion, kind of raising potential concerns about Dell and H PE and, and their prints come out.

Car members on American Express spend more on average, uh than the, than the average car member that is not American Express and that's revenue that goes directly to the re to the restaurants bottom line.Through unique experiences is what we've been really focused on since the acquisition.What's the innovation in the pipeline?

And people, you know, we say it's because limited on our tables and like so many Saturday nights, but there's been a lot of talk of bots coming on platforms of these people calling up making reservations them on another platform. So is there a neighborhood jam that you might not be familiar with that would give you a perfect experience.I'm thinking I know you bounced between Miami and New York very quickly.Um There's so many, so many good places, but lately, one of my favorites is Don Angie right here in the West Village Cafe, Carlini, a great example of solid Italian so and fantastic hospitality.Uh She just won a James Beard award and she's a rece rece partner.

Some of them maybe even the majority of them here in New York City, which is a heavier use of ride sharing than say in the suburbs or some other cities.The company also asked more and also asking them about their favorite car brands. Also projecting shop openings for the year will come in at the lower end of its guidance range and shares of Zillow though they're jumping company naming a new CEO the announcement coming as part of Zillow's earnings report.Walz Charms Wisconsin Crowd With His Midwest Dad Vibes

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