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Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

Updated May 9, 2024, 6:05 p.m. Published May 9, 2024, 10:15 a.m.
Robinhood reported a large earnings beat driven by crypto trading. (Shutterstock)
Robinhood reported a large earnings beat driven by crypto trading. (Shutterstock)