Robinhood expands services with AI-powered financial advice and banking, causing stock to soar

From StockTwits: 2025-03-26 23:48:00

Robinhood Markets Inc. is expanding beyond crypto and stock trading to offer banking services and wealth management, targeting millennials and Gen-Z with new offerings. The company’s new wealth management service, Robinhood Strategies, is available for premium ‘Gold’ subscribers with an annual fee of 0.25%, capped at $250. The announcement caused the stock to soar on Stocktwits, with retail investors optimistic about the news. Despite a decline in shares on Wednesday, users on Stocktwits predict a surge in Robinhood’s stock price on Thursday, with the stock already up 20% year-to-date.



Read more at StockTwits: Robinhood Rallies Retail Hype With AI-Powered Financial Advice, Banking Expansion Plans