

Fiscal.ai
4.9K posts

@fiscal_ai
The future of investment research is here. Fundamental research terminal & data provider for global equities. High quality financial data, available instantly.




Ferrari is now in its largest drawdown ever. -43.1% from highs. $RACE




$HOOD Robinhood is down over 50% from its peak last year. It continues to follow the price action of crypto this year, yet as of last quarter, crypto makes up just over 10% of Robinhood's revenue. The stock got a bit ahead of itself at the $150+ range, but even if we have a prolonged winter and choppiness until after mid-terms, the sell-off on $HOOD seems overdone. Revenue is not going to fall off a cliff, and prediction markets are helping to fill that gap. @Kalshi volume (which Robinhood partners with) has only continued to increase. Robinhood noted they were at a $300m ARR (run rate, not recurring revenue) as of Q4, and many (including Robinhood) expect Predictions Markets are at the beginning of a super cycle. Later this year, the Rothera Prediction Market platform launches in partnership with Susquehanna. I haven't added to Robinhood. It's a top 2 position in my portfolio and I am overweight. But should this continue to fall, I'm going to have to look at adding some LEAPs to my shares.