Robinhood Stock Slips on Report Morgan Stanley to Offer Crypto Trading

1. Robinhood shares fell after Morgan Stanley announced crypto trading on E*Trade. 2. Increased competition from big banks could impact Robinhood's crypto market share. 3. Robinhood's full-year expenses are projected to be higher due to recent acquisition. 4. Earnings report showed better-than-expected profits, but competition clouds outlook. 5. Shares still up 30% year-to-date despite a 1.2% decline.