Robinhood unveils latest AI innovations and prediction markets features at Robinhood Presents: YES/NO

With an all-new Robinhood Cortex, personalized portfolio Digests, and next-generation prediction markets, Robinhood plans to transform the way investors understand, anticipate, and act

The next era of intelligent investing at Robinhood begins today. Tonight, live from the historic Summit Skywalker Ranch outside San Francisco, we unveiled a suite of new products that will help define the future of investing at Robinhood. Chairman and CEO Vlad Tenev took the stage to announce several significant updates to Robinhood prediction markets, as well as an all-new Robinhood Cortex experience, personalized portfolio Digests, and more.

“Robinhood is ushering in a new era in which AI and prediction markets will come together to change the future of finance and news,” said Robinhood CEO Vlad Tenev.

Prediction markets reimagined 

Since launching at the end of last year, prediction markets have become Robinhood’s fastest-growing product line by revenue ever, with 11 billion contracts traded by more than 1 million customers. But despite the early success, we’ve heard loud and clear that customers want access to more contracts and more advanced trading tools.

Since Thanksgiving, we’ve made significant headway in addressing these requests. We’ve made notable improvements to our prediction markets hub, launching limit orders, dollar-based trading, 24/7 access, a live sports contract hub, and a new event detail page for a number of sports. We’ve also listed thousands of live events across economics, politics, sports, culture and more. 

Today, we’re taking another big step forward with: 

• Preset Combos: Customers will be able to trade preset combos for individual Pro Football games, giving them another way to turn their nuanced sports knowledge into an investing opportunity. These will be a combination of the outcomes, totals, and spreads within a single game. Like any event contract, these combos will pay $1 dollar, but only if each of the outcomes in the contract resolves correctly.

• Custom Combos: Early next year, we'll add support for custom combos, which will allow customers to combine up to ten outcomes into one new contract across Pro Football games.  

• Player Contracts: Starting today, customers can track and trade individual Pro Football player performances like Anytime TD, Passing Yards, Receiving Yards, Rushing Yards, and more in real time, all in one place. Player contracts for more sports will be rolling out soon as well.

These tools give traders greater precision, control, and access to the events they care about most. Expanding our prediction markets is an important step forward in our goal to enable anyone to trade, invest or hold any financial asset and conduct any financial transaction through Robinhood. 

Don't miss a play with Scoreboard

As Robinhood keeps expanding its prediction markets offering with new sports, contract types, and trading tools, the team at Sherwood Media is excited to announce Scoreboard, a newsletter delivered Monday - Friday at midday that helps customers stay ahead of the curve on the games, stats, and sports markets news they need to know. Scoreboard is 100% free and customers can sign-up by visiting https://join.sherwood.news/scoreboard.

Smarter, Faster Investing with Robinhood Cortex

In March, at our Lost City of Gold event we first announced Robinhood Cortex, our AI-powered investing assistant available exclusively to Robinhood Gold subscribers. Since launch, Robinhood Cortex has been the brain powering our AI features, providing real-time analysis and insights to help customers stay up to date on the latest market moving news.

Today, we're introducing the next generation of Robinhood Cortex, which will be seamlessly embedded throughout the Robinhood app. Robinhood Cortex is designed to remove the friction between idea and action, turning information into opportunity. It will be the interface for all of Robinhood, making it easier to act on decisions and get things done. 

Here’s what sets Robinhood Cortex apart:

• Accuracy - To ensure accuracy, Robinhood Cortex’s responses are sourced from high-quality, trusted inputs including real-time market data, analyst reports, and research reports used by many of the leading Wall Street investment firms. 

• Personalization - Robinhood Cortex will break down what’s moving in a customer’s portfolio, connecting real-time news, market shifts, and analyst insights to their individual holdings. It explains why each development matters to them, in plain English.

• Action - Robinhood Cortex will empower customers to ask and act with greater ease. Using plain English, they can tell it to buy and sell equities and crypto, conduct market research, explore event contracts, and adjust their account settings, all while keeping them in control.

The new Robinhood Cortex experience will begin rolling out in the first quarter of next year to Robinhood Gold subscribers. A Robinhood Gold membership costs $5 a month or $50 annually.

Cut through the noise with portfolio Digests

Earlier this year we launched stock and crypto Digests to help customers understand why a particular asset was moving. But we know customers still want to understand what the driving forces are behind their specific portfolio's movement on any given day. Introducing portfolio-level Digests powered by Robinhood Cortex, which provides AI-powered, personalized insights tailored to a customer’s holdings. Delivered in simple, straightforward language, they help explain what’s happening today and prepare customers for tomorrow. Our new personalized portfolio Digests will:

• Summarize customers’ top portfolio drivers, showing top return driver, top mover, and more

• Surface upcoming events tied to specific holdings such as earnings and stock splits

• Provide benchmark comparisons like the S&P 500

• Make Wall Street insights available to everyday investors without needing to leave their investing home screen

It will work across asset classes and refresh multiple times a day, or whenever news breaks, to keep the most relevant information at customers’ fingertips. The new Digests experience will work across self-directed accounts. A similar experience is available for managed accounts, which includes daily portfolio summaries, and top portfolio drivers and detractors.

Personalized portfolio Digests start rolling out to Robinhood Gold subscribers early next year.

The Future Starts Today

This is another big step forward in our mission to democratize finance for all, empowering investors and giving them more clarity, confidence, control, and speed as they navigate the markets.

To celebrate this milestone and to thank our customers as we close out the year, we have something extra special planned for the holidays. Every year we like to bring a little cheer to our customers, but this year will be our biggest yet. Starting December 26, keep an eye out for our first-ever HOOD Holidays, and unwrap some highly coveted gifts we think will be at the top of most wishlists.

Disclosures

All investments involve risk and loss of principal is possible.

Robinhood Cortex features use generative artificial intelligence and are provided for informational purposes only. They shouldn't be viewed as research or a recommendation to buy, sell, or hold an asset. It is not available for all assets on Robinhood. The future Cortex features discussed do not reflect an existing tool currently available to the public, nor does it ensure that any future Robinhood tool will possess these exact features and characteristics.

AI-powered portfolio insights are provided for informational purposes only and should not be viewed as a recommendation to buy, sell, or hold a security. Digests are not research, and are not available for every asset or security on Robinhood.

Robinhood Presents: YES/NO is sponsored by Robinhood Financial LLC (“RHF”) and Robinhood Derivatives, LLC (“RHD”).

Robinhood Financial LLC (member SIPC), is a registered broker dealer. Robinhood Securities, LLC (member SIPC), is a registered broker dealer and provides brokerage clearing services.

Futures and cleared swaps trading involves significant risk and is not appropriate for everyone. Please carefully consider if it's appropriate for you in light of your personal financial circumstances.

Futures and cleared swaps trading is offered through Robinhood Derivatives, LLC, (RHD) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and Member of National Futures Association (NFA). RHD accounts are not SIPC protected.

Trading and owning digital assets involves significant risk, including the risk of substantial loss. Cryptocurrency trading is offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

Robinhood Gold is offered through Robinhood Gold, LLC (“RHG”).

Portfolio Management offered through Robinhood Asset Management, LLC (“Robinhood Strategies” or “RAM”), an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about services, fees, risks, and conflicts of interest, review our firm’s brochure.

Each of these listed Robinhood affiliated entities, as well as Sherwood Media, LLC, an independently operated media company, are wholly owned by Robinhood Markets, Inc.

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