The Weekly Gist: The Socially Distanced Pitch Edition

Robinhood’s transaction-based revenue from cryptocurrency buying and selling rose 860% YOY to $51 million. However, the company mentioned that cryptocurrency buying and selling was down significantly compared to Q2 FY 2021. That drop adversely affected the corporate’s total income compared to the earlier quarter. Robinhood’s shares started trading on the Nasdaq at a value of $38 per share on July 29, 2021, after the company accomplished itsinitial public providing.

Robinhood considers MAUs a helpful indicator of user engagement, and it is positively correlated with the company’s income performance and different key metrics. The MAU metric is a helpful indicator of consumer engagement and is positively correlated with the corporate’s income performance and other key metrics. Get executive-level commentary and insights from each week in healthcare delivered to your inbox each Friday.

Several expressed thattheir employers, each well being techniques and payers, are “counting on our goodwill that we’ll simply maintain exhibiting up.”But once the disaster passes, there may be “drastic and irrational physician revolts. Someone must be awaiting it.” These comments reveal amarked difference in physician sentiment in numerous parts of the country, based mostly both on the severity of the pandemic, and the character analysis ceo us 21.9m ceos of the local response. Regardless, we’d agree that the scientific workforce, both docs and nurses, is working by way of a interval of unprecedented stress, and for some, emotional trauma. Ensuring their stability and safety must be a high precedence for every health system and medical group. On Monday, the Department of Health and Human Services launched its new coronavirus information monitoring dashboard,HHS Protect.

More customers buying and selling means the company is ready to ship more trades to market makers for trade execution in return for rebates. On last Monday’sepisodewe talked with Torben Nielsen, CEO of Zoom+Care. He shared his surprise that a 3rd of the sufferers who sought out cellphone, chat and video visits from the urgent care chain, with clinics in the Pacific Northwest, weren’t in markets the place Zoom has its physical clinics.

As the virus proliferates across the country, California has nowovertakenNew York as the epicenter of the outbreak, with more than 422,000 whole instances reported because the beginning of the pandemic, versus New York’s 413,000. The Canadian Securities Exchange has not reviewed this press release and doesn’t settle for accountability for the adequacy or accuracy of this news release. Not for distribution to U.S. news wire companies or dissemination within the United States.

Robinhood Markets, Inc. reportedQ3 FY 2021 earningson Oct. 26 that missed analysts’ expectations. The company posted a loss per share of $2.06 in comparability with a loss per share of $0.05 within the year-ago quarter. Revenue additionally missed expectations however was up 35.4% 12 months over yr . Susan David, Ph.D. is doubtless one of the world’s main management thinkers and an award-winning Harvard Medical School psychologist. Her #1 Wall Street Journal bestselling book, Emotional Agility based on the idea that Harvard Business Review heralded as a Management Idea of the Year and winner of the Thinkers50 Breakthrough Idea Award, describes the psychological skills critical to thriving in instances of complexity and alter.

A latest Families USA studyestimatesa quarter of the 21.9M employees that had been furloughed or laid off between February and May misplaced their medical well being insurance. And the payer mix will proceed to alter as the pandemic wears on. Surprisingly, Washington State and California arereportinglittle to no enrollment progress in Medicaid applications up to now. Experts point to lack of outreach and consumer consciousness as key contributors to the gradual growth—butMedicaid enrollment will likely begin to rise shortly in coming months as momentary furloughs convert to more everlasting layoffs. Meme shares describe the shares of firms that have gained a cult-like following on social media, which may affect share prices. Robinhood generates the overwhelming majority of its revenue via cost for order circulate .