Robinhood expands prediction markets, adds NFL player contracts, and launches AI-powered Robinhood Cortex with personalized portfolio insights.
Robinhood expands prediction markets, adds NFL player contracts, and launches AI-powered Robinhood Cortex with personalized portfolio insights.
Robinhood expands prediction markets, adds NFL player contracts, and launches AI-powered Robinhood Cortex with personalized portfolio insights.
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Doubling down on its fastest-growing business line, US neobroker Robinhood (NASDAQ: HOOD) unveiled major updates to its prediction markets, along with new AI-powered tools for investors, at the Robinhood Presents: YES/NO event in San Francisco.
Furthermore, Robinhood Chairman and CEO Vlad Tenev took the stage to announce enhancements to the platform, including an expanded prediction markets lineup, an upgraded Robinhood Cortex experience, and personalized portfolio Digests. “Robinhood is ushering in a new era in which AI and prediction markets will come together to change the future of finance and news,” Tenev said.
Since launching at the end of last year, Robinhood’s prediction markets have become its fastest-growing product line by revenue, with over 11 billion contracts traded by more than 1 million customers. In response to customer feedback, Robinhood added limit orders, dollar-based trading, 24/7 access, a live sports contract hub, and a detailed event page for multiple sports. Moreover, the platform now lists thousands of live events across economics, politics, sports, culture, and more.
Robinhood introduced several new tools to enhance trading precision and flexibility:
“These tools give traders greater control and access to the events they care about most,” Robinhood said, emphasizing that expanding prediction markets supports the company’s goal of enabling anyone to trade or invest in any financial asset.
Robinhood also unveiled the next generation of Robinhood Cortex, the AI-powered investing assistant available exclusively to Robinhood Gold subscribers. The upgraded Cortex integrates seamlessly across the app, transforming market data and news into actionable insights.
Key features of the new Robinhood Cortex include:
Robinhood plans to roll out the enhanced Cortex experience to Gold subscribers in the first quarter of next year. Robinhood Gold costs $5 per month or $50 annually.
To help investors understand portfolio performance, Robinhood introduced portfolio-level Digests powered by Cortex. These Digests summarize key drivers of portfolio movement, surface upcoming events such as earnings and stock splits, provide benchmark comparisons, and deliver Wall Street insights directly within the app.
The new Digests will work across self-directed accounts, refreshing multiple times a day or whenever news breaks, and will roll out to Robinhood Gold subscribers early next year.
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