Robinhood Markets, Inc., a financial services platform, has announced a partnership with TipRanks, a provider of investment research tools. This collaboration aims to furnish Robinhood’s users with access to TipRanks’ data-driven tools, thereby expanding their understanding of market dynamics.
Expanding Offerings with Integration of Data-Driven Tools
TipRanks aims to provide everyday investors with insights into stocks, ETFs, and mutual funds. The integration will incorporate TipRanks’ News, Hedge Fund Activity, and Insider Trading tools into Robinhood’s platform, enriching users’ decision-making processes with additional data points.
TipRanks News offers a range of content covering market developments and company analyses, catering to both well-known entities and lesser-known stocks. The Hedge Fund Activity tool digs into hedge funds’ portfolios to identify trends, providing investors with strategic insights. Additionally, the Insider Trading Tool tracks transactions executed by industry insiders, offering perspectives on market movements.Uri Gruenbaum, CEO at TipRanks
Uri Gruenbaum, the CEO of TipRanks, said: “We are thrilled to partner with Robinhood, a globally recognized industry leader that is driven to provide everyone with the opportunity to invest. TipRanks’ investment research tools are designed to level the playing field for all investors, and we are excited by this opportunity to reach millions more users through this partnership.”
Georgia’s TBC Capital Partners with TipRanks
TBC Capital, a financial institution based in Georgia, has recently integrated TipRanks’ proprietary tools into its platform, as reported by Finance Magnates. The integration aims to enhance its offerings for customers with access to financial data and tools. This integration grants TBC Capital’s investment platform users access to TipRanks’ Analyst Forecast tool and Bull and Bear Summary.
The Analyst Forecast tool provides analyst consensus, price forecast, and projected upside and downside of stocks and exchange-traded funds, while the Bull and Bear Summary offers an overview of overall analyst sentiment on each stock, summarizing the considerations guiding those sentiments. According to TipRanks, this integration provides access to financial data typically reserved for hedge funds and high-net-worth institutional investors.
