From Yahoo Finance: 2025-04-12 18:46:00

Last week, despite market struggles, 10 firms saw double-digit gains. The Nasdaq led with 7.29%, followed by the S&P 500 at 5.7% and the Dow Jones at 4.95%. Gold and biopharmaceutical sectors thrived as investors sought refuge amid market uncertainties.

Robinhood Markets Inc. (HOOD) saw a 26.6% surge last week, closing at $43.68. The increase was fueled by investors seeking opportunities in a volatile market. HOOD’s revenue benefits from high trading volumes, making it attractive in turbulent trading conditions.

HOOD recently entered the betting market platform by integrating a predictions market hub into its app. Customers can now trade contracts on outcomes like the upper bound of the fed funds rate in May and upcoming basketball tournaments. The hub is available through KalshiEX LLC, a CFTC-regulated exchange.

Ranked 8th in defying the market slump last week, HOOD shows potential as an investment. However, AI stocks may offer higher returns in a shorter timeframe. Consider exploring a promising yet inexpensive AI stock trading at less than 5 times its earnings for potential gains.

Read more: Why Robinhood Markets Inc. (HOOD) Soared Last Week?