Robinhood is trading at $97.51, down 4.34%, as crypto prices weaken.
- Bitcoin is down 2.77% and Ethereum 2.93% since the prior close, amid a broader risk-off move.
- Overnight coverage linked crypto weakness to renewed AI-spending concerns, pressure on technology shares and rising oil amid Middle East tensions.
- Robinhood announced Dubai regulatory approval and a planned 2027 Middle East launch; the expansion news does not explain the drop.