Robinhood Rises, Super Micro Computer Drops, Oracle Gains With Focus on Data Center Projects On this episode of Stock Movers:
On this episode of Stock Movers:-Robinhood (HOOD) shares rise. Cantor Fitzgerald raised its price target on the exchange to $110 from $100 as it sees upside from prediction markets. Analyst Ramsey El-Assal notes that Kalshi captures the underlying exchange economics of Robinhood’s prediction markets volumes, but sees Robinhood’s recent Rothera prediction market joint venture capturing the majority of these economics over time.-Super Micro (SMCI) shares fall. The company said it plans $7 billion in equity and equity-linked financing transactions to fund component purchases to…
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