Robinhood Faces Strategic Challenge as Coinbase Moves Into Prediction Markets

Robinhood shares find themselves at a critical juncture, caught between significant growth ambitions and intensifying competitive pressures. While prominent institutional investors have recently shown confidence, a new threat is emerging that could challenge one of the trading platform’s core future growth areas.

The company has garnered notable support from major financial institutions despite a mixed market environment. Morgan Stanley increased its price target to $147, indicating sustained belief in the fintech’s monetization strategy. Market experts see this as representing an upside potential of more than 20% from current levels.

ARK Investment Management, led by Cathie Wood, made an even more substantial move. Reports indicate the fund group invested over Read more...