
Robinhood has reported impressive November metrics, revealing a substantial increase in trading activity. The company added 420,000 funded accounts, bringing its total to 195 billion dollars in assets under custody, with net deposits reaching 5.6 billion dollars. Equity trading volumes surged to 147 billion dollars, while crypto trading volumes hit 35.2 billion dollars. In response to these strong results, Goldman Sachs has reiterated its 'Buy' rating on Robinhood, setting a price target of 48 dollars. Additionally, Robinhood's crypto division closed the year with 38 billion dollars in assets under custody and 119 billion dollars in notional trading volume, further solidifying its position in the retail trading market. Meanwhile, Cathie Wood's Ark Invest has been active in the stock market, selling over 51,000 shares of Tesla, now holding 2.7 million shares valued at approximately 1.1 billion dollars, while also investing in Tempus AI, acquiring around 676,000 shares worth nearly 30 million dollars.












Cathie Wood Buys Drone Stock, Takes Profits From Tesla https://t.co/aR1u0M1tfa
Renowned investor Cathie Wood sells $15.3 million of Tesla stock, opting to invest in Archer Aviation as drone industry surges. Ark Invest also offloads Tesla shares in response to evolving market landscape. #investing #stocks #news $TSLA
Cathie Wood buys $30 million of under-the-radar AI stock #CathieWood Cathie Wood bought 676,000 shares of AI health-care company this week From Dec. 6 to Dec. 11, Ark Funds bought 676,535 shares of #Tempus AI ( $TEM). That chunk of stock was valued at roughly $29.2 million…