Tei Si Kai Brandon
voted
ChatGPT has sparked a global AI stock craze since the start of the year. OpenAI's chatbot ChatGPT has become the fastest-growing consumer app in history, with an estimated 100 million monthly active users^ in January this year, just two months after its launch.
The ChatGPT mania has also pushed a number of AI concept stocks higher so far this year, with Nvidia up nearly 54%^ year-to-date, Buzzfeed up over 145%^, and the...
The ChatGPT mania has also pushed a number of AI concept stocks higher so far this year, with Nvidia up nearly 54%^ year-to-date, Buzzfeed up over 145%^, and the...
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Tei Si Kai Brandon
liked
$Robinhood (HOOD.US)$ Yesterday shortly after Robinhood posted its third-quarter results the stock fell only 9%. Yes. I said only 9%. Robinhood's performance was so poor the analysts have real concerns over the company's outlook.
Few reasons why:
1.Robinhood is bleeding out users - The number of funded accounts declined from 22.5 million to 22.4 million - only 100,000 users leaving the service, But the real issue is the "Monthly Active Users" metric - this quarter this number reached 18.9 million versus 21. million users last quarter.
2.Average Revenue Per User declined significantly - The metric ARPU helps investors to realize how much money the company earn from each registered customer. this number is decreasing consistently, from $137 per user in Q1 to $112 in Q2this quarter this number dropped dramatically - only $65 in revenue per user
3.Robinhood’s revenue stream relies heavily on dogecoin - cryptocurrency transactions made up 52% of Robinhood’s total transaction-related revenue, and of the number 62% of its revenue came from Dogecoin transaction fees.
Few reasons why:
1.Robinhood is bleeding out users - The number of funded accounts declined from 22.5 million to 22.4 million - only 100,000 users leaving the service, But the real issue is the "Monthly Active Users" metric - this quarter this number reached 18.9 million versus 21. million users last quarter.
2.Average Revenue Per User declined significantly - The metric ARPU helps investors to realize how much money the company earn from each registered customer. this number is decreasing consistently, from $137 per user in Q1 to $112 in Q2this quarter this number dropped dramatically - only $65 in revenue per user
3.Robinhood’s revenue stream relies heavily on dogecoin - cryptocurrency transactions made up 52% of Robinhood’s total transaction-related revenue, and of the number 62% of its revenue came from Dogecoin transaction fees.
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i bidded for some stocks adding up fo USD400, and the transaction fee was US5.
WHAT IN THE WORLD
WHAT IN THE WORLD
$NIO Inc (NIO.US)$ collecting nio from all prices
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$NIO Inc (NIO.US)$ a very good time to buy, waiting for it to be 50+ again
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$NIO Inc (NIO.US)$ lets drop somemore. going balls deep
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