Robinhood stock rises as AI-agent rollout boosts investor interest
Robinhood’s stock is experiencing its best two-day run in six weeks, driven by the company’s AI-agent rollout.
The shift marks a break from the pattern that has tied the brokerage stock closely to crypto for much of the year.
The correlation between Robinhood and bitcoin has dropped to roughly 0.52, down from 0.8 in mid-March, indicating a loosening of the tie between the two assets.