Foresight News reports that Robinhood’s third-quarter profit fell short of Wall Street expectations, as slowing cryptocurrency trading and higher expenses offset strong performances in options and prediction markets. Revenue from cryptocurrency trading fell 55% year over year to $120 million, while operating expenses rose 16% to $739 million. Options trading revenue grew 31%, and event contract revenue increased more than sixfold, driving overall transaction-based revenue up about 19% year over year to $867 million. The company reported earnings of $0.51 per share, below the $0.55 expected by analysts surveyed by LSEG, and its shares fell more than 7% in after-hours trading.