Robinhood has been one of the best-performing stocks in the S&P 500. What do you think is driving that performance?

Revenue doubled while costs stayed tight, so EPS tripled. We timed big releases—commission-free options, crypto, and 24-Hour Market—and kept improving the core experience. When active traders feel we have the sharpest tools, the business compounds without bloated spend. That mix of product timing and cost discipline is why the stock has outperformed.