US Stock Market Move | "The 'American Retail Investors Headquarters' Robinhood (HOOD.US) rose nearly 4%, with a cumulative increase of 56% since April."

On Thursday, "American retail investors' stronghold" Robinhood (HOOD.US) once again surged in mid-trading, rising nearly 4%, up 56% since April, and now trading at $108.44. In terms of news, it is reported that the new Fed chairman, Powell, holds a friendly stance towards digital assets, and his policy mix may bring a structural benefit of "hawkish interest rates + friendly regulation" to the crypto market. In addition, on June 12th, SpaceX will conduct an IPO, and as one of the few brokers to receive retail IPO allocations, Robinhood will offer its users the opportunity to subscribe, with the platform trading volume setting records.