Robinhood Stock Slides 4% After Crypto Revenue Falls to $100M

Robinhood shares moved lower after the brokerage reported weaker crypto trading revenue, even as second-quarter revenue and earnings reached record levels. Ad Ad Robinhood Beats Earnings Estimates Robinhood reported total net revenue of $1.31 billion for the second quarter, up 32% from $989 million a year earlier. The result came above analyst expectations of about