Robinhood Expands AI-Powered 'Digests' Feature to UK Market, Enhancing Stock Analysis for Investors

Robinhood UK rolls out AI investing assistant to decode market movements

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Digests by Robinhood Cortex uses generative AI to analyse breaking news quickly, analyst reports, technicals and Robinhood's proprietary data to summarise why a particular stock is moving, in plain English. Digests can be found directly on the stock detail page and will be free to all UK customers at launch. The product began rolling out to customers in the US earlier this summer, and has already been used by hundreds of thousands of Robinhood customers. . "Digests by Robinhood Cortex is our first AI insight tool - built directly into our app," says Jordan Sinclair, president at Robinhood UK. "We believe our UK customers - from first-time investors to seasoned traders - will appreciate the timely, accessible summaries that highlight what may be moving a stock. We will keep introducing AI tools that prioritise customer education and help our investors navigate the market with confidence."

Robinhood Unveils Cortex AI Tool 'Digests' In UK, Bringing Real-Time Stock Explanations To Everyday Investors After 95% US Approval - Robinhood Markets (NASDAQ:HOOD)

Robinhood Markets Inc. HOOD has expanded its artificial intelligence ambitions with the U.K. launch of Digests, a real-time stock analysis tool designed to break down complex market moves into plain-language insights for everyday investors. Robinhood Cortex Debuts With Real-Time Stock Insights The feature, first released under Robinhood's new Cortex AI platform, pulls from breaking news, analyst reports, technical data and the company's proprietary datasets to explain why a stock is moving and why it matters, as reported by Fintech Global Integrated directly into the Robinhood app, Digests is free for all U.K. customers at launch. US Rollout Saw Overwhelmingly Positive Feedback The tool was first unveiled at Robinhood's "Lost City of Gold" event in San Francisco earlier this year and began rolling out to U.S. users over the summer. According to the company, it has already been adopted by hundreds of thousands of customers, with 95% of surveyed users reporting positive feedback. "Digests by Robinhood Cortex is our first AI insight tool - built directly into our app," said Robinhood U.K. President Jordan Sinclair. "We believe our U.K. customers -from first-time investors to seasoned traders-will appreciate the timely, accessible summaries that highlight what may be moving a stock." See Also: Jim Cramer On Lululemon Optimism: 'Don't Know How They Could Be Pleased' As Stock Drops Over 10% In After-Hours Trading Robinhood Boosted AI Efforts With Cortex Launch And Tenev's Harmonic AI Startup In March, Robinhood launched Robinhood Cortex, an AI-powered investment tool that gave Gold members early access to real-time analysis, trade suggestions, and stock summaries. Introduced alongside Robinhood Strategies and Robinhood Banking, the tool aimed to democratize premium market intelligence traditionally reserved for institutional investors. Earlier in July, CEO Vlad Tenev broadened his AI ambitions with Harmonic AI, a Palo Alto-based startup he co-founded in 2023. The company closed a $100 million Series B funding round at an $875 million valuation, with Tenev serving as executive chairman while Tudor Achim led as CEO. Price Action: Robinhood ended Wednesday at $105.34, slipping 2.01%, before edging up 0.39% in after-hours trading, according to Benzinga Pro. Read Next: Trump Pardons Nikola Founder Trevor Milton, Short Seller Jim Chanos Reacts: 'Please Tell Me This Is A Hoax' Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Ink Drop / Shutterstock HOODRobinhood Markets Inc$105.75-1.63%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum98.86Growth93.18QualityN/AValue10.48Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Robinhood Adds AI-Powered Summaries to Cortex Investing Assistant | PYMNTS.com

By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. Digests, announced Tuesday (Aug. 19), uses generative AI to offer quick reviews of news, analyst reports, technicals and Robinhood's proprietary data to summarize why a particular stock might be moving "in plain English." According to the company's announcement, Digests began rolling out to customers in the U.S. this summer and is now available for users in the U.K. "Digests by Robinhood Cortex is our first AI insight tool -- built directly into our app," said Jordan Sinclair, president at Robinhood U.K. "We believe our U.K. customers -- from first-time investors to seasoned traders -- will appreciate the timely, accessible summaries that highlight what may be moving a stock. We will keep introducing AI tools that prioritise customer education and help our investors navigate the market with confidence." Robinhood announced Cortex in March as part of a larger range of product rollouts that included a new banking offering and wealth management service. And last month, Robinhood released quarterly earnings which, as PYMNTS wrote, showed "a company pivoting sharply from its roots in commission-free retail trading toward a diversified, multi-lane financial platform." In other AI news, PYMNTS wrote earlier this week about the high cost of "inference," the stage in which an AI model is actually used to come up with predictions, responses or insights. Pre-training a frontier AI model, that report said, is a one-time effort, and usually costly. It's like a college student taking a wide range of education classes. The better the training they get, the more prepared the graduate is to enter the workforce. "With inference, it's like putting that graduate to work. Companies often further train the graduate -- for example, teach them to do HR tasks -- which is similar to enterprises fine-tuning AI models for custom purposes," PYMNTS wrote. "But in this scenario, the graduate doesn't get a set salary, but rather bills by the task or hour. It's a running tab." For businesses, the report added, running inference happens each time a worker queries a chatbot, a fraud system screens a transaction, or a doctor turns to an AI tool to interpret a medical scan. Those costs are recurring and can quickly add up.

Robinhood Markets : Introducing Digests by Robinhood Cortex for customers in the UK

Using the power of AI, Digests by Robinhood Cortex helps you uncover what's driving the latest stock movements and why it matters Digests is the first feature powered by Robinhood Cortex, our AI-powered investing assistant. It uses generative AI to quickly review breaking news, analyst reports, technicals and Robinhood's proprietary data to summarise why a particular stock may be moving in plain English. Today, Robinhood announced that Digests by Robinhood Cortex is now rolling out to all customers in the UK. Digests delivers AI-powered summaries decoding what's driving stock price movements - helping investors to make informed decisions with clarity and confidence. Digests can be found directly on the stock detail page and will be free to all UK customers at launch. Digests was first announced earlier this year during Robinhood's Lost City of Gold event in San Francisco. It began rolling out to customers in the US earlier this summer, and has already been used by hundreds of thousands of Robinhood customers. 95% of those surveyed in the US told us they love using the product, with customers saying Digests included data they care about, that the information was up to date and sources were relevant and that it was easy to find what they needed. "Digests by Robinhood Cortex is our first AI insight tool - built directly into our app," said Jordan Sinclair, President at Robinhood UK. "We believe our UK customers -from first-time investors to seasoned traders-will appreciate the timely, accessible summaries that highlight what may be moving a stock. We will keep introducing AI tools that prioritise customer education and help our investors navigate the market with confidence." Suitable for all experience levels, Digests provides a powerful information-gathering layer, explaining what's happening in the market, allowing investors to form a thesis or validate signals before entering a trade. At launch, Digests are available for many of the most commonly traded stocks on Robinhood. For more information about Stock Digests and Robinhood Cortex please visit our Help Centre. Disclosures: All investments involve risk and loss of principal is possible.