In a game against the Miami Dolphins, Pat Freiermuth of the Pittsburgh Steelers made a memorable play in the NFL 2025 game. Robinhood is expanding its prediction markets to allow users to place parlay bets on multiple NFL games, putting the platform in direct competition with traditional sportsbooks. Users can trade preset combinations of outcomes, totals, and spreads of NFL games, with the ability to create custom combos in the future.
At the “Robinhood Presents: YES/NO” event, the company unveiled these new features and hinted at the potential for parlaying non-sports events, such as economic data. The prediction markets business has already brought in $100 million in annualized revenue, with 11 billion contracts traded by over 1 million customers. Robinhood’s move into prediction markets has driven its stock to soar 220% in 2025, with analysts predicting it could become the new Schwab for Gen Z.
Analysts believe that Robinhood’s expansion into areas like retirement and its popular gold card will further drive growth. With assets under custody at $193 billion in 2024, Robinhood is rapidly growing in various financial sectors. While prediction markets may contribute significantly to growth in the short term, the company’s diverse offerings position it for sustained success in the long run. 1. The FDA has approved Pfizer’s COVID-19 vaccine for emergency use in children aged 5 to 11. This decision comes after rigorous testing showed the vaccine to be safe and effective in this age group, offering hope for increased protection against the virus.
2. The US economy added 531,000 jobs in October, surpassing expectations and showing strong growth. The unemployment rate also fell to 4.6%, the lowest since the start of the pandemic. This indicates a positive trend in the labor market recovery.
3. In a landmark ruling, a jury found the three men involved in the killing of Ahmaud Arbery guilty of murder and other charges. This case sparked national outrage and fueled discussions about racial injustice and systemic racism in the US.
4. Scientists have discovered a new species of dinosaur in Australia, named the Australotitan cooperensis. This massive creature roamed the continent around 92 million years ago and is believed to be one of the largest dinosaurs to have ever lived.
5. The COP26 climate conference in Glasgow concluded with world leaders agreeing on a global deal to tackle climate change. This agreement includes commitments to reduce greenhouse gas emissions and limit global warming to 1.5 degrees Celsius, signaling a collective effort to address the climate crisis.
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1. Tesla’s stock price jumped 5% after announcing record deliveries in the first quarter of 2021, surpassing analysts’ expectations. The electric car company delivered 184,800 vehicles despite production challenges.
2. Amazon faces a possible unionization vote at its Alabama warehouse, with employees alleging unfair labor practices. The NLRB has scheduled a hearing to address the concerns raised by workers.
3. Coinbase, the largest U.S. cryptocurrency exchange, goes public through a direct listing on the Nasdaq. The company’s valuation surpasses $100 billion, marking a milestone for the crypto industry.: Robinhood is rolling out NFL parlay and prop bets on prediction markets platform