Robinhood shares are falling as a crypto slump weighs on profits and offsets gains in new businesses. The tell is that newer businesses are not yet big enough to break the crypto beta in $HOOD, so the

What happened: Robinhood reported third-quarter revenue that met expectations, with growth from options and prediction markets offsetting a decline in crypto. Key numbers: Revenue rose 12% in the third quarter. Why it matters: The results show Robinhood's expansion into options, prediction markets and other financial services supporting revenue as crypto activity slumped.

Robinhood reported third-quarter revenue that met expectations, with growth from options and prediction markets offsetting a decline in crypto.

The results show Robinhood's expansion into options, prediction markets and other financial services supporting revenue as crypto activity slumped.