Shares of financial services company Robinhood (NASDAQ:HOOD)
fell 8.4% in the afternoon session after software stocks continued to pull back as investors assessed the potential for new AI automation tools to compete with established software platforms.
In a recent interview on The Rundown, Wood said the focus on stablecoins last year took the wind out from under Bitcoin but the apex cryptocurrency is poised to rise again.
Robinhood’s shares have been trading below $100 for the last two sessions, failing to get a lift from several factors, including receiving a key role for Trump accounts and the SpaceX IPO offering.
Shares of financial services company Robinhood (NASDAQ:HOOD)
fell 8.2% in the afternoon session along with other crypto-linked companies as a drop in bitcoin prices sparked concerns about slowing trading volumes. As a company with significant exposure to cryptocurrency trading, Robinhood's performance is often tied to the movements of major digital assets like bitcoin. The decline in token prices was seen as a key factor impacting the stock. Adding to the negative sentiment were broader concerns about a slowdown in cryptocurrency trading volumes and growing uncertainty about whether the recent strength in retail trading could be sustained.
The concept of "Information Finance," or InfoFi, has transitioned from a niche crypto-economic theory into a foundational pillar of global finance and media. As of February 2, 2026, prediction markets are no longer viewed as mere platforms for speculation; they have been repositioned as sophisticated data-transmission mechanisms that assign a market price to the accuracy [...]
As the calendar turns to February 2026, the United States is bracing for a political showdown that promises to be as much a financial event as a democratic one. The 2026 U.S. Midterm Elections are already generating unprecedented activity in the prediction market space, with traders pouring billions of dollars into contracts determining the future [...]
