May 9, 2024, 10:34 AM
May 7, 2024, 4:38 PM
Robinhood's First Quarter Profit Soars Amid Record Revenue
- Robinhood reported a profit in the first quarter compared to a loss last year.
- The company's net interest revenue was boosted by rate hikes.
- Shares of the brokerage firm rose after exceeding Wall Street expectations.
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