Robinhood is rising to the S&P 500 inserts where the strategy is eliminated star-news.press/wp


RobinHood shares jumped by 7 % in trading hours on Friday after the retail mediation was named S&P 500.
Main meals:
- RobinHood shares jumped by 7 % after adding them to the S&P 500, where it joined the index on September 22.
- The strategy, despite the evaluation of $ 95 billion and $ 70 billion in Bitcoin’s possessions, was left out of the amendment.
- Robinhood recorded strong profits in the second quarter, with $ 989 million revenues and $ 386 million in profit.
Robinhood (Hood) closed a little higher than $ 101 and rose to 108 dollars in trading extending after the announcement.
The company’s share price increased by more than 150 % on an annual basis, driven by strong and increasingly interesting profits in shares and encryption.
Robinhood to join S&P 500 on September 22nd
Robenol will He officially joined the index on September 22ndBesides Applovin, according to the S& P Jones indicators.
While Robinhood celebrates it, Bitcoin Treasury Firm was previously left known as Microstrategy, although the requirements of the S&P market are worth $ 20 billion.
The strategy, which now owns more than $ 70 billion in Bitcoin, has witnessed its 3 % decrease in trading after hours after the announcement.
The omission surprised some observers, given the evaluation of the strategy of $ 95 billion and its pioneering role in bringing Bitcoin to public budgets.
Its headquarters in Tysons Corner, Virginia, the company has become synonymous with the adoption of the corporate fan.
The S&P modification comes in a growing institutional interest in digital assets and a more suitable political environment.
Earlier this year, Coinbase was added to the S&P index, indicating the increasing recognition of the original companies encrypted in traditional financial markets.
The strong Robinhood basics have been fed more assembly. In the second quarter, the company recorded $ 989 million revenues, an increase of 45 % year on year, overcoming Wall Street estimates.
The net income reached $ 386 million, with profits per share of $ 0.42, much higher than analysts’ expectations.
The revenue of the encryption trading was $ 160 million, which is almost doubled on an annual basis, but it decreased from the previous quarter of $ 252 million.
Meanwhile, the income from the trading of options and stocks reached 265 million dollars and $ 66 million, respectively, making the high revenue options from Robinhood again.
Robinhood suits Nevada, New Jersey organizers for juvenile contracts
Last month, Robinhood derivatives have taken legal measures against the organizers in Nevada and New Jersey, accusing the states of unrelenting entry to the market of sporting events, despite the recent federal court rulings in favor of the KALSHI competition platform.
The company said it had begun to submit contracts in both states after the Federal judges spent earlier this year that the organizers of Nevada and New Jersey games could not implement their ban against Calchi, which provides contracts organized by the American commodity futures trading committee (CFTC).
Robinhood argued that the organizers ignored these rulings and continued to threaten enforcement procedures, and created an uneven stadium.
The company said in its files: “If the state organizers are allowed to act against Robinhood, but not KALSHI, Robinhood will lose in the sporting event space.”
Meanwhile, Robinhood was exposed to an organizational fire in the European Union after launching the distinctive stock products associated with private companies such as Openai and Spacex.
Lithuania Bank has confirmed that it is investigating the legitimacy and investor related to the “distinctive codes of shares” based on Blockchain, which was launched on June 30.
Openai has not publicly carried out, noting that he had never agreed to the distinctive symbols and warning investors against caution.
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2025-09-06 13:49:00