Robinhood Rallies as AI Trading Tools Debut and Ventures Fund II Prices

Robinhood shares climbed more than 4% Thursday after the broker unveiled new AI-driven trading tools, adding another leg to a growth story that already spans funds, crypto, and tokenization. The stock has been one of the year's stronger fintech performers as product launches keep stacking.

The company also priced Robinhood Ventures Fund II, an 8-million-share IPO at $25 that creates a $225.5 million vehicle focused on early-stage private companies — extending retail investors' access to venture-style exposure. The pricing follows the fund's listing announcement earlier this week alongside the UK crypto rollout via Bitstamp.

Wall Street took notice: Goldman Sachs raised its price target on the stock to $123 with a Buy rating, roughly in line with the Street's average target near $125 and an overall overweight stance.