Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ROBINHOOD MARKETS, INC.

(HOOD)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Indian Morning Briefing : Asian Markets Mostly Higher

07/28/2021 | 11:18pm EDT
GLOBAL MARKETS 
DJIA          34930.93   -127.59   -0.36% 
Nasdaq        14762.58    102.01    0.70% 
S&P 500        4400.64     -0.82   -0.02% 
FTSE 100       7016.63     20.55    0.29% 
Nikkei Stock  27686.76    105.10    0.38% 
Hang Seng     25900.89    427.01    1.68% 
Kospi          3236.91      0.05    0.00% 
SGX Nifty*    15751.00     -4.0    -0.03% 
*Aug contract 
 
USD/JPY 109.80-81  -0.10% 
Range   109.96   109.69 
EUR/USD 1.1853-56  +0.09% 
Range   1.1860   1.1841 
 
CBOT Wheat Sep $6.886 per bushel 
Spot Gold  $1,816.10/oz 0.5% 
Nymex Crude (NY) $72.27 $0.62 
 
 
U.S. STOCKS 

Stocks mostly edged lower after the Federal Reserve hinted that it was getting closer to curtailing its asset-purchasing program that has helped juice the U.S. economic recovery.

The broad S&P 500 index fell less than 0.1%, while the Dow Jones Industrial Average was down 0.4%. The technology-heavy Nasdaq Composite, however, climbed 0.7%.

Stocks have been hovering near all-time highs, with all three indexes having closed at records Monday.

Investors have bet on strong corporate earnings, the economic rebound, and continued support from central banks' easy monetary policies. But their optimism has been tempered in recent days by concerns about the Delta variant of Covid-19, China's regulatory crackdown and the risk of persistently high inflation.

 
 
ASIAN STOCKS 

Japanese stocks were up, led by gains in electronics and auto stocks, thanks to hopes for an earnings recovery and easing of the yen's recent strength. Earnings results will be closely watched, including those from Murata Manufacturing, Fanuc and Fujitsu Ltd. later in the day. The Nikkei Stock Average was up 0.4% at 27694.89.

South Korea's Kospi was up 0.3% at 3247.21 in early trading, led by electronics and shipbuilding companies. Solid corporate earnings were supporting investor sentiment. Index heavyweight Samsung Electronics edged 0.1% higher after opening marginally lower and posting above-consensus 2Q earnings on brisk memory-chip demand. Shipbuilders were among the top gainers thanks to an upbeat earnings outlook.

Hong Kong shares rose sharply in morning trade, extending Wednesday's rebound from heavy losses earlier this week. The benchmark Hang Seng Index added 2.0% to 25993.10. IG said optimism may arise from a virtual meeting between China's securities regulator and major global investment banks yesterday, suggesting authorities might be concerned about the recent regulatory clampdown's impact on Chinese companies.

Chinese stocks rose in early trade, reversing four straight sessions of losses. Investor sentiment may have been lifted by news that China's securities regulator met with global investment banks last night in a bid to calm market jitters. The Shanghai Composite Index climbed 0.8% to 3388.66, the Shenzhen Composite Index rose 1.8% and the ChiNext Price Index was 2.7% higher.

 
FOREX 

Asian currencies were mixed against the U.S. dollar, as traders digested the FOMC statement and Fed Chairman Jerome Powell's comments. The statement seemed to have just minor tweaks from June's, DailyFX.com said. Powell acknowledged that "the economy has made progress" toward attaining the U.S. central bank's long-term inflation and employment goals but also indicated that "substantial further progress" is needed to warrant beginning tapering, DailyFX.com noted. USD/KRW was little changed at 1,150.91, while AUD/USD fell 0.2% to 0.7361 and USD/TWD was up 0.1% at 27.98.

 
METALS 

Gold rose in the morning Asian session amid an uncertain Fed outlook. While the FOMC's policy statement was somewhat hawkish, the Fed confirmed at its press conference that it will keep an accommodative stance until its goals are met, Oanda said. The good news for gold was that Treasury yields didn't rally, which should solidify the stringent conditions required for tapering and for raising interest rates, Oanda said. Spot gold was up 0.5% at $1,816.10/oz.

 
OIL SUMMARY 

Oil prices edged lower in Asia trading after solids gain of about 1.0% overnight. The possible resumption of Iran's oil exports remains a key downside risk for oil prices, CBA said. Iran's president-elect Raisi will officially take office on Aug. 5, which provides a clearer timeline for a resumption of talks to revive a nuclear deal with world powers, CBA said. Front-month WTI crude oil futures were down 0.1% at $72.35/bbl. Front-month Brent crude oil futures dropped 0.1% to $74.67/bbl.

 
 
TOP HEADLINES 
 
Bipartisan Infrastructure Deal Advances in Senate 
Dow Closes Lower After Fed Statement 
Fed Says Economy Has Made Progress Toward Its Goals 
Treasury Yields Edge Higher After Fed Signal 
SEC Weighs Making Companies Liable for Climate Disclosures 
Private-Market Secondary Sales Set First-Half Record 
Robinhood Prices IPO at $38 a Share 
U.K. Car Manufacturing in June Hits 68-Year Low; Revival at Risk 
Republicans Threaten to Block Two Biden Nominations Over Pipeline 
Bipartisan Infrastructure Deal Advances in Senate 
Pfizer Vaccine's Protection Against Covid-19 Declines After Six Months 
Samsung Profit Rises 35% as Memory-Chip Demand Surges 
Apple to Require Employees, Customers to Wear Masks in Many U.S. Stores 
Qualcomm Sees Path Out of Chip Shortage Stretching Into 2022 
Hyundai Motor, LG Energy Solution Plan $1.1 Bln Battery Plant in Indonesia 
XPO Logistics Appoints Insider as CFO Just Days Before Spinoff 
PayPal Boosts Outlook for Total Payment Volume, GAAP EPS 
SEC Weighs Making Companies Liable for Climate Disclosures 
J&J Talc Claimants Seek to Pre-Empt Company's Bankruptcy Strategy 
 
 

(END) Dow Jones Newswires

07-28-21 2318ET

All news about ROBINHOOD MARKETS, INC.
11:56aROBINHOOD MARKETS : Seen Posting Profit By 2023 as Crypto and Options Revenue Surges Amid ..
MT
11:55aGLOBAL MARKETS LIVE : Vivendi, EssilorLuxottica, Compass, StageCoach, Allianz...
09:40aToday on Wall Street: Markets at a pivot point
09/20ROBINHOOD MARKETS : testing crypto wallet, cryptocurrency transfer features- Bloomberg New..
RE
09/17Wall Street ends rollercoaster week sharply lower
RE
09/17Wall Street closes rollercoaster week sharply lower
RE
09/17MODERNA : Wall Street slides, ending seesaw week in a risk-off mood
RE
09/16AMC to accept other cryptos along with bitcoin
RE
09/15Financial Shares Rise Amid Deal News -- Financials Roundup
DJ
09/13INTERACTIVE BROKERS : launches cryptocurrency trading
RE
More news
Analyst Recommendations on ROBINHOOD MARKETS, INC.
More recommendations
Financials (USD)
Sales 2021 2 007 M - -
Net income 2021 -3 013 M - -
Net cash 2021 1 083 M - -
P/E ratio 2021 -4,77x
Yield 2021 -
Capitalization 34 994 M 34 994 M -
EV / Sales 2021 16,9x
EV / Sales 2022 12,5x
Nbr of Employees 2 800
Free-Float 78,4%
Chart ROBINHOOD MARKETS, INC.
Duration : Period :
Robinhood Markets, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ROBINHOOD MARKETS, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 40,70 $
Average target price 53,08 $
Spread / Average Target 30,4%
EPS Revisions
Managers and Directors
Vladimir Tenev Chairman, President & Chief Executive Officer
Jason Warnick Chief Financial Officer
Gretchen Howard Chief Operating Officer
Scott D. Sandell Independent Director
Jan Hammer Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ROBINHOOD MARKETS, INC.0.00%34 994
ADYEN N.V.40.32%95 534
FIDELITY NATIONAL INFORMATION SERVICES, INC.-12.96%76 050
WORLDLINE-15.65%21 961
BROADRIDGE FINANCIAL SOLUTIONS, INC.8.72%19 103
FUTU HOLDINGS LIMITED97.29%13 239