Robinhood Soars 28% on AI Trading & Credit Card Launch

Robinhood Markets has seen its stock rise by 28.1% after launching new "Agentic AI Trading" and "Agentic Credit Card" products. These new offerings allow customers to connect third-party AI agents to their accounts. These agents can then autonomously trade equities and make purchases within user-defined limits. What's interesting is this brings institutional-style automated tools, like portfolio rebalancing, directly to retail investors. This deepens Robinhood's use of AI in investing and spending. The company also launched the Trump Accounts program, seeding eligible children's accounts with money and using Robinhood as a distribution partner. These developments aim to grow assets under custody and deepen long-term relationships across Robinhood's 27.6 million funded accounts. The bottom line is these new products could reshape Robinhood’s investment narrative and influence how it monetizes active users.