Robinhood's latest earnings beat Wall Street estimates

Robinhood is moving the stock market on-chain with its own blockchain for meme coins, yet despite crushing Q2 earnings with a massive $0.62 EPS beat, the stock still tanked 3%. This proves that even record profits and a bold crypto pivot aren't enough to win over Wall Street. Is the market fundamentally disconnected from reality, or is a "meme coin blockchain" a desperate move for a brokerage? Why would a massive earnings beat result in a sell-off? What’s your take?
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