On the day of the announcement, Robinhood’s stock spiked nearly 16 percent. Robinhood has now delivered seven consecutive GAAP-positive quarters, shedding its reputation as a loss-making disrupter and proving it can scale profitably. Revenue jumped 45 percent year-on-year to $989 million, while net income came in at $386 million. Through a partnership with Kalshi, Robinhood lets users trade contracts on everything from interest-rate decisions to gas prices to football scores. That kind of distance signals undeniable strength, but also an overextended run where even minor pullbacks could feel violent.