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Robinhood’s share price gains widened to 12.3% in early US trading, hitting a new high since January this year.

2 hours ago

According to BIT (bit.com) market data, U.S. stock Robinhood (HOOD) saw its early-session gain widen to 12.3%, with its share price breaking above $120, hitting a new high since January this year. Robinhood’s recent sharp rally is primarily driven by three concurrent positive catalysts: a surge in on-chain transactions, multiple Wall Street firms upgrading their ratings, and a massive jump in forecasted revenue. Robinhood Chain has been particularly active on-chain: on September 1, its network revenue exceeded $3.8 million, accounting for roughly 38% of the day’s total network revenue. The chain processed 5.52 million transactions in a single day, generating $2.66 million in application revenue, a record high since its launch. Separately, Wall Street institutions including Morgan Stanley and Piper Sandler have upgraded Robinhood’s ratings and target prices. Forecasted revenue for its prediction market segment surged over tenfold year-over-year to $156 million in Q2.

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OpenAI teases the upcoming release of its Astra model, which may be named GPT-6-Astra.

Beating AI Insight News Brief: OpenAI has released an official video teasing its upcoming Astra model. The video features a toggle between "ASTRA" and "A6TRA", sparking speculation that the model could be named GPT-6-Astra.

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Meme crypto token FATCOIN hits a new all-time high, with its market cap surging past $7.5 million and jumping more than 450% in 24 hours.

According to GMGN market data, the meme stock FATCOIN on Robinhood Chain has hit a new all-time high, with its market cap exceeding $7.5 million, a 24-hour price surge of over 4.5 times, and a 24-hour trading volume of $6.3 million. FATCOIN (nicknamed "Fat Coin") is paired with Lilly (LLY), the tokenized U.S. stock of leading weight-loss drugmaker Eli Lilly. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly matched with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative traits while leveraging the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment hype + real asset anchoring". Caution: This asset has high price volatility; investors should exercise caution.

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Spot gold broke through $4,500 per ounce, rising 2.57% on the day.

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Claude and Grok have suffered consecutive outages, and ChatGPT is now also facing widespread errors.

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Trump: US ammunition stockpiles are nearly unlimited, with unprecedented production capacity.

In a post, Trump said: "For those treasonous individuals who refuse to accurately report on our military operations in Iran, we have nearly unlimited quantities of medium and high-grade ammunition—far exceeding the amount that could be used in this or any other war (which is extremely unlikely to occur!). Additionally, we are producing ammunition at an unprecedented rate. We are stockpiling supplies and preparing for any possible contingency. We will keep these for ourselves and the United States, rather than selling them to other countries, but sales to allies will resume soon. Furthermore, let everyone know that the Biden administration sent far more ammunition to Ukraine than we would deploy in Iran, and it was completely free. Hundreds of billions of dollars were given away for free to Ukraine and NATO—money that Europe could have covered if only they had been required to pay. But we will recoup this money, albeit a bit late!"

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Ethereum surpasses $2,500, with a 4.1% gain in 24 hours.

Per HTX market data, Ethereum has surged past $2,500, with a 4.1% gain over the past 24 hours.

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