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flag Robinhood surged to a record high on strong Q2 earnings and a 98% crypto revenue jump.

flag Robinhood (HOOD) surged 7.4% to $130.80 on Monday, hitting a session high of $129.70, fueled by strong Q2 earnings showing $0.42 EPS and $989 million in revenue—well above estimates—driving a 45% year-over-year revenue increase. flag The stock, now trading above its 50-day and 200-day moving averages, reached a new all-time high of $132.90 amid a 9% jump, supported by S&P 500 inclusion, analyst upgrades, and a 98% year-over-year rise in crypto revenue. flag Despite a high P/E ratio of 68.77 and mixed analyst ratings, Robinhood’s profitability, growing assets under custody, and expanding premium user base signal continued momentum.

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