Jim Cramer Thinks Robinhood’s (HOOD) Layoffs Are Due To AI

Financial trading level Robinhood Markets, Inc. (NASDAQ:HOOD) is different apical Jim Cramer stock. Throughout 2025, the CNBC TV big continued to praise the steadfast arsenic helium commended its exertion and the facilitation of wealthiness transportation crossed generations of Americans. Robinhood Markets, Inc. (NASDAQ:HOOD)'s shares are up by 37% implicit the past twelvemonth and are down by 6% year-to-date. Deutsche Bank discussed the steadfast connected June 17th. It raised the stock terms people to $105 from $103 and kept a Buy rating. The sum came aft Robinhood Markets, Inc. (NASDAQ:HOOD) announced that it would chopped its workforce by 10%, arsenic the slope believes that the determination came from a presumption of strength. Cramer, it appears, holds a akin opinion:

"It's funny, Vlad, whom we each know, Vlad Tenev, not viewed skeptically erstwhile helium said this, and there's a batch of radical who say, clasp it, if you're laying disconnected that galore people, thing mightiness beryllium wrong.They're not questioning Vlad similar that. Now the banal [inaudible] earlier. But I deliberation that that's due to the fact that Vlad uniquely does have, a exemplary based highly connected technology, and arsenic you standard it, you find caller ways to prevention money. I judge him, arsenic opposed to different deals, wherever it seems similar hold a 2nd they're truly not doing that well. Robinhood's doing great. . .yeah I deliberation this is AI. . ."

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