Post
Luck ๐๐งง
#AlphabetQ3CloudAndAI 3/ Robinhood just showed where retail went ๐ฏ
๐ Q3 revenue: record $1.42B (+12%)
๐ฒ Prediction markets: $173M (6x+ YoY)
๐ช Crypto: $120M (-55%)
๐ Crypto volume: $50B (-38%)
$HOOD fell ~5% after the report.
My read: retail didn't quit crypto. It went to bet on outcomes.
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