Omar Profile picture
Jul 30 1 tweets 1 min read Read on X
Robinhood earnings TLDR:
- Funded customers up 10% y/y to a record 26.5m
- Platform assets up 99% y/y to a record $279b
- Retirement AUC up 118% y/y to a record $19b
- Cash Sweep up 56% y/y to a record $33b
- Margin Book up 90% y/y to a record $9.5b
- Equity Trading up 112% y/y to a record $517b
- Option contracts volume up 32% y/y to a record 515m

Vlad's a chad. Congrats to the team (and shareholders)Image

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More from @TheOneandOmsy

Jan 2, 2024
Misc Predictions for ‘24 - Crypto
1. Rates Lower but Higher
- Market is pricing in some serious cuts in ‘24 with a ~80% chance of rates ending sub 4%
- I’m on the less aggro side and say we end ‘24 north of 4% but sub 5%
- I’m betting inflation is sticky on the way down and the fed will have trouble cutting Image
2. Crypto Market Cap >$2T
- Trustless financial systems will only become more valuable (esp with lower rates)
- Global conflict, migrant flows, inflationary fiat, and fallible banking systems are all tailwinds
- Crypto market cap sits at $1.7t today and is headed higher Image
Read 12 tweets

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