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Crypto surge fuels robinhood’s earnings rally, analysts lift price targets

Crypto Surge Fuels Robinhood’s Earnings Rally, Analysts Lift Price Targets

In early trading on Thursday, Robinhood (HOOD) shares saw a notable leap after the trading platform unveiled fourth-quarter earnings that outpaced Wall Street’s predictions, largely thanks to a remarkable upswing in cryptocurrency-related income. Wall Street giant JPMorgan (JPM) highlighted in its Wednesday research note that the firm pulled in an impressive $358 million from crypto…