To The Moon

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.

Here's a full recap:

1. Robinhood $Robinhood(HOOD)$ reported Q3 2026 revenue of $1.4B, up 12% YoY but slightly below the $1.42B estimate, while EPS of $0.51 missed expectations of $0.56, including a $0.07 per-share unrealized investment loss primarily tied to Robinhood Ventures Fund I. Net income declined 14% to $476M, while adjusted EBITDA increased 9% to $808M. Transaction-based revenue grew 19% to $867M, partially offset by a 9% decline in net interest revenue to $415M. Meanwhile, total platform assets climbed 19% to $396B, funded customers increased 7% to 28.7M, and Gold subscribers surged 34% to 5.2M, supported by $15.7B in net deposits. Robinhood now has 14 business lines generating over $100M in annualized revenue, with Rothera surpassing $100M in its first full quarter. CEO Vlad Tenev emphasized that customers are entrusting more assets to the platform as Robinhood expands its financial services ecosystem, although earnings growth continues to lag revenue growth.

2. $SoFi Technologies Inc.(SOFI)$ delivered a strong Q3 2026, with revenue surging 44% YoY to $1.4B, while adjusted EPS increased 64% to $0.18 and adjusted EBITDA jumped 70% to $469.8M, highlighting accelerating growth and improving profitability. Total members climbed 35% YoY to 17.1M, reflecting continued expansion across SoFi's financial services ecosystem. Looking ahead, the company issued bullish FY2027 guidance, projecting $6.4B in revenue versus $6B expected, EPS of $0.90 versus $0.82 expected, adjusted EBITDA of $2.24B, and net income of $1.28B. CEO Anthony Noto emphasized that SoFi is attracting more members, increasing the number of products used per customer, and generating more revenue per product, reinforcing management's confidence in the company's long-term growth and profitability trajectory.

3. Chinese technology giants Alibaba $Alibaba Group Holding Limited(BABAF)$, Tencent, and ByteDance are reportedly seeking long-term memory supply agreements with Samsung Electronics and SK Hynix, according to Korean media, as demand for AI data center infrastructure continues to accelerate. While traditional memory supply contracts typically span 3–5 years, some Chinese cloud service providers are now requesting 10-year agreements extending through 2035 to secure access to critical DDR5 and LPDDR5 memory. The unusually long contract terms highlight growing concerns over future memory availability as hyperscalers expand AI computing capacity and compete for limited supply. The development could provide Samsung and SK Hynix with greater long-term revenue visibility and reinforces the structural demand outlook for the broader memory industry, including Micron $Micron Technology(MU)$.