Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting
Robinhood (HOOD) reported a sharp decline in crypto trading revenue for the first quarter of 2026, even as growth in other parts of its business pushed overall revenue higher. Crypto-related revenue fell 47% from a year earlier to $134 million, down from $252 million in the same period of 2025, according to its earnings release….