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Singapore Receives Robinhood (HOOD) With Open Arms

Robinhood Markets, Inc. (NASDAQ:HOOD) is among the best cryptocurrency stocks to buy right now. The stock has gained more than 70% over the past 12 months.

Robinhood Markets, Inc. (NASDAQ:HOOD) continues to expand internationally and bolster its existing operations. On April 23, Bloomberg reported that Robinhood has received in-principal regulatory approval to launch its securities brokerage service in Singapore. With this regulatory greenlight, Robinhood can start offering trading in stocks and other financial securities to retail investors in the Asian city-state.

The report quoted Robinhood’s head of Asia operations, Patrick Chan, as saying that the growing population of retail investors and rapid digital adoption in Singapore make the city-state the ideal hub for their mission.

Robinhood announced its Asia expansion plan in 2024 and chose Singapore as its regional headquarters. The company previously secured a license to offer its crypto trading service in Singapore. The latest regulatory approval for securities trading paves the way to expand its operations in the country and the region.

Robinhood’s overseas expansion comes as it also works to strengthen its offerings. On April 22, the company announced that its venture fund has taken a stake in ChatGPT maker OpenAI. Through this fund, Robinhood gives its retail investors exposure to private companies. The fund, known as Robinhood Venture Fund I, has stakes in companies like Stripe, Revolut, and Databricks.

On April 21, KeyBanc reaffirmed its Overweight rating on Robinhood Markets Inc (NASDAQ:HOOD) but lowered the price target to $110 from $120. The price target reduction was based on the firm’s concerns around Robinhood’s crypto business. The firm lowered its estimates for Robinhood’s trading volume, take rate, and interest margin.

California-based Robinhood Markets, Inc. (NASDAQ:HOOD) operates a platform for trading a variety of financial products, including stocks, crypto, and options. Robinhood also offers various other financial services, including a cash management account that allows users to earn interest on their idle cash.

While we acknowledge the risk and potential of HOOD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HOOD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Goldman Sachs Bank Stocks: Top 10 Stocks to Buy and 8 Best Industrial Stocks to Buy in 2026.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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