AcquisitionRobinhood announced the acquisition of Pluto Capital Inc., an AI-powered investment platform, in another step towards the company's goal of offering more financial advice to its customers.
Crypto ExpansionThe acquisition of Bitstamp broadens Robinhood's presence in Europe and Asia with licenses and customers across the EU, US, UK, and Singapore.
Financial PerformanceA durable +30% GAAP EPS growth algorithm is supported by 20%+ net deposit growth, 5%+ account growth, significant operating leverage, and strong free cash flow generation.