0900 GMT - A suite of new product launches by Robinhood represents a significant strategic acceleration for the company, Deutsche Bank's Brian Bedell writes. At a company summit in Houston, the brokerage said it will use AI to help build users' investment strategies and eventually to place trades on behalf of users. The launches will "provide institutional-grade tools to Robinhood's retail user base," Bedell writes. The changes aim to equip traders for the turn to 24/7 trading, the analyst says. Robinhood shares rise 2.35% premarket.
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