[BUSINESS]■ STORY TIMELINE

ROBINHOOD BEATS Q2 FORECASTS, PREDICTION MARKETS SURGE

Robinhood reported second-quarter revenue of $1.31 billion, exceeding analyst estimates by $20 million. The trading platform's prediction-market segment exploded, while crypto revenue declined sharply.

2 SOURCESFIRST SEEN JUL 29, 10:05 PM► READ THE ARTICLE

Techmeme+0m

Robinhood reports Q2 revenue up 32% YoY to $1.31B, vs. $1.29B est., event contracts revenue up over 10x to $156M, and crypto revenue down 38% to $100M (Bill Peters/MarketWatch)

Bill Peters / MarketWatch: Robinhood reports Q2 revenue up 32% YoY to $1.31B, vs. $1.29B est., event contracts revenue u…

Techmeme+4d 2h

Robinhood's prediction markets revenue surged 10x+ YoY to $156M in Q2, topping stock and crypto for the first time as speculators shift to real-world event bets (Yueqi Yang/The Information)

Yueqi Yang / The Information: Robinhood's prediction markets revenue surged 10x+ YoY to $156M in Q2, topping stock and c…

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