Key Takeaways:
- Robinhood is launching “Cortex,” an AI-powered assistant offering market insights and trading ideas for Gold members at $5/month.
- The company is introducing on-demand physical cash delivery through Robinhood Banking, mimicking services like Uber or Postmates.
- Robinhood is expanding its product suite to include crypto and launched a prediction markets hub, boosting its stock by 8%.
Robinhood Markets has announced major new features, including an AI-powered trading assistant and on-demand cash delivery for select users.
The AI tool, called Cortex, will analyze market trends and offer personalized trading insights.
Breaking: We’ve just introduced Robinhood Cortex.
— Robinhood (@RobinhoodApp) March 27, 2025
Coming this Fall, Cortex is an AI that provides suggestions and insights based on your interactions and inputs.
We surveyed beginner and advanced traders on what they’d like to see in an AI and built it.
Link to the… pic.twitter.com/tppqzbFX8X
It will launch later this year for Gold-tier subscribers at $5/month.
CEO Vlad Tenev emphasized that Cortex was developed over two years using user feedback to ensure practical and insightful performance.
Additionally, Robinhood Banking, through its partner Coastal Community Bank, will offer savings accounts with a unique perk: home cash delivery.
Tenev likened the service to ordering from Uber or Postmates, marking a shift from traditional ATM and branch-based banking.
While similar services once existed for wealthy clients via armored vehicles, Robinhood aims to make cash delivery more accessible.
Details on delivery coverage and driver selection remain limited.
The company is also launching Robinhood Strategies, a new platform combining individual stocks and ETFs, further expanding its investment offerings.
Vice President Abhishek Fatehpuria confirmed plans to expand into cryptocurrencies.
This follows Robinhood’s recent launch of a prediction markets hub, which led to an 8% rise in its stock.
These developments highlight Robinhood’s push to innovate in the fintech space and attract a broader investor base.