The question isn’t. “Why is $hood up today”. It’s. “Why isn’t it higher???”.
This was trading at $150 with almost no predictions revenue. They’ve basically replaced their largest revenue stream with a new one, that’s growing faster. Oh. And it isn’t like crypto disappeared….
It’s just optionality for a higher share price at this point. ✌️
🚨 JOSH BROWN @DOWNTOWN BUYS $HOOD
"Dan Dolev @ddolev at Mizuho is out with a report saying they actually think prediction market volume is going from $8 billion this quarter to end up somewhere around $45 billion in 2026."
"So that would take projected revenue to about $470 million or 9% of total revenue."
"As recently as 6 months ago, we were talking about prediction markets like it's some sort of 'who knows, we'll see what happens', and now it's becoming a meaningful contributor."
"I would imagine NBA finals and playoffs volumes have helped there. Don't forget, we have the midterms coming up, and people love trading political outcomes in these markets."
"Unfortunately for the company, it's still got a very heavy correlation to the price of Bitcoin. However, even Bitcoin is dragging its sorry ass off the mat." 🤣
"This stock had a forward P/E of 65x in January. Now it's 43x, and it's got growth that blows every other player in the space completely away. So it's a trade I've got a stop in, but I like the trend, and I don't really see a ton of resistance until about 115, 120. So that's, that's where I stand with Robinhood."
This is why smart people rarely build businesses
Jensen Huang stood in front of a room of Stanford graduates and told them he hopes they suffer.
He wasn't being cruel. He was being precise.
His argument: people with very high expectations have very low resilience. And resilience, not intelligence, is what decides who actually makes it. A Stanford grad has spent their whole life as the smartest person in the room. They've rarely been tested by real failure. So when something finally breaks, they break with it.
Then he said the line every founder should sit with: "Greatness is not intelligence. Greatness comes from character. And character isn't formed out of smart people, it's formed out of people who suffered."
He would know. At nine, Huang was scrubbing toilets at a Kentucky boarding school his family hadn't realized was a reform school. As a teenager he bussed tables at Denny's. In 1993 he started NVIDIA in a Denny's booth, and nearly lost it more than once in the years that followed. The character was built decades before the valuation showed up.
This is why he uses the words "pain and suffering" inside NVIDIA with what he calls great glee. He isn't trying to shield his best people from the hard part. He's trying to give it to them on purpose.
Talent gets you into the room. The people who stay are the ones who were broken once and learned they could rebuild.
@AndrewDudum@dheerja@wearehims extremely poor experience with Labs. Scheduled my lab in app, received confirmation, went to Quest, and they said no paperwork or orders had been sent. They asked to see the order from HIMS or to speak to someone from there but no way to get in touch with HIMS at that moment. Terrible experience as a patient and investor!! Please fix.
@himshouse
Our CEO Vlad Tenev shared the following note with our team at Robinhood today:
Robinhoodies,
We’ve made the difficult decision to say goodbye to some of our team members today. Those departing are being notified, and we’re offering them full support through this transition, including severance. These are good people who helped build the foundation we stand on today, and I am deeply grateful for their contributions to Robinhood.
I want to be transparent about why this is happening now. Robinhood’s business has never been stronger. But to achieve the massive scale of our mission, we cannot default to operating as a heavily-layered organization. We must be a lean, hyper-focused team where every single individual is empowered to make a massive impact. Our execution is strong today, but our ambitions require us to continuously raise our own bar. To achieve that, today we are flattening our org structure and reducing our overall team size by 10% of headcount.
Because our financial position is strong, we are making this change proactively. The goal is to maximize our talent density and ensure that our culture is defined by an absolute elite performance bar and a superlative commitment to our customers. This transition creates even more opportunities for our most talented people to grow and take on greater responsibility. We will also continue hiring strategically, investing heavily in top-tier talent, and utilizing frontier technologies to push our execution even further.
I know it can be painful to say goodbye to teammates. It is the hardest consequence of committing uncompromisingly to our values of being “Lean & Disciplined” and demanding “High Performance.”
$HOOD - WORLD CUP TRADING VOLUMES - JUNE 13
NEW DAILY VOLUME RECORD 🔥🔥🔥
- Daily volume: 69.7M contracts (+58% vs prior day) 🏆 new record
- Prior session (Jun 12): 44.2M contracts
- Dollar volume: $20.9M (-15% vs prior)
- Open interest: 62.1M open contracts (+32% vs prior)
- Activity: 241.2K trades across 100 events
- Biggest event: Brazil vs Morocco - 22.0M contracts (32% of total volume)
$HOOD
🚨 BREAKING: JUNE 12 WAS THE BIGGEST DAY IN PREDICTION MARKETS HISTORY
- $5.5 billion traded
- almost 2x bigger than the second biggest day (Jun 11)
- World Cup started on Jun 11
- USA played Paraguay on Jun 12
World Cup may be even bigger for prediction markets than analysts are projecting 🤯
A future owned by the few is fragile.
Throughout history, societies have fractured when too many people were excluded from the wealth they helped create.
Robinhood exists to make everyone an owner. Broad ownership is essential to a free, stable, and prosperous society.
🚨 BREAKING: $HOOD NOW APPROVED TO UNDERWRITE IPOs
Before, Robinhood could help sell IPO shares to retail
Now it can sit closer to the deal itself: helping underwrite offerings and push for more retail allocation earlier in the process
CEO Vlad Tenev: "We intend to be disruptive in this space" 🔥
Robinhood Securities is now approved to serve as an underwriter.
Since IPO Access launched in 2021, we've watched retail go from an afterthought to a key part of how companies plan an IPO. The question changed from "why allocate to retail at all?" to "how big can the allocation be?"
Becoming an underwriter, and not just a selling group member, is the natural next step to better serve our customers and our issuers.
We intend to be disruptive in this space.
@RobinhoodApp made my first agentic trade today and also added more $HOOD, which is still my number one position. They are out executing everyone in the space and the product velocity is unmatched. It will be a $1T company in a few years.
🚨 $HOOD WEB TRAFFIC - MAY 2026
44.7 million visits
+7.2% m/m
+20.5% y/y
May was Robinhood's 2nd best web-traffic month of all time -- only Oct 2025 was higher (48.1M)