Robinhood, BNY Win Trump Accounts Contract As Signups Reach 4 Million [Yahoo! Finance]
Robinhood Markets, Inc. - Class A (HOOD)
Company Research
Source: Yahoo! Finance
Robinhood Markets and BNY have won the Trump Accounts contract to build and manage the tax-deferred investing accounts for children, with over 4 million kids already signed up as of March 31. The Contract Winners The U.S. Department of the Treasury announced Monday that BNY will serve as the designated financial agent to manage the initial accounts. BNY partnered with Robinhood to develop the Trump Accounts app and provide customer service, launching July 4. “Our task is clear: to provide the next generation of Americans with a world-class, intuitive platform to jump-start their financial future,” said Vlad Tenev , Robinhood's chairman and CEO. Don't Miss: See What AI Could Build for Your Portfolio — Try a Custom Index Now This Startup Thinks It Can Reinvent the Wheel — Literally The app will be a custom white-label product for Treasury without BNY or Robinhood branding. Moreover, the company did not disclose the contract's financial terms. Wall Street firms have pu
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HOOD
News
- Robinhood Markets (HOOD) had its price target lowered by Morgan Stanley from $147.00 to $95.00. They now have an "equal weight" rating on the stock.MarketBeat
- Robinhood Markets (HOOD) had its price target lowered by Citizens Jmp from $180.00 to $155.00. They now have a "market outperform" rating on the stock.MarketBeat
- Robinhood Markets (HOOD) was downgraded by Zacks Research from "hold" to "strong sell".MarketBeat
- Robinhood Markets (HOOD) had its price target lowered by Barclays PLC from $124.00 to $89.00. They now have an "overweight" rating on the stock.MarketBeat
- Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought [Yahoo! Finance]Yahoo! Finance
HOOD
Earnings
- 2/10/26 - Beat
HOOD
Sec Filings
- 4/8/26 - Form 4
- 4/8/26 - Form 4
- 4/8/26 - Form 4
- HOOD's page on the SEC website