Robinhood stock leapt early Wednesday after the digital broker received an upgrade from Wolfe Research. Meanwhile, Robinhood (HOOD) is scheduled to host its annual meeting Wednesday at 12:30 p.m. ET.
Dow Jones futures fell more than 250 points Wednesday morning, as Wall Street awaited the Federal Reserve’s Beige Book on economic conditions. Artificial intelligence giant Nvidia (NVDA) looked to set more record highs Wednesday, while Robinhood Markets (HOOD) jumped on the stock market today after the company announced a stock buyback. X Prior to the […]
Two former IPO Stocks Of The Week, Dutch Bros (BROS) and Robinhood Markets (HOOD), fell sharply this week, waylaying promising breakouts and signaling a potential shift in the market environment. Dutch Bros stock and Robinhood are both on Investor’s Business Daily’s IPO Leaders screen. X Other notable stocks on the IPO Leaders screen include Samsara (IOT) […]
Robinhood Markets (NASDAQ: HOOD) stock has crushed it for the last year. The online brokerage that revolutionized free stock trading is up 100% in the last 12 months, compared to 27% returns for the S&P 500 index. The company just reported strong growth across the board in the first quarter of 2024 and is finally […]
Robinhood Markets (HOOD) posted its first-quarter results which revealed a gain in revenue, up 40% year-over-year, with revenue from crypto up 232%. Among the positive results showed thousands of customers sign up for Robinhood’s retirement account offering, potentially on the back of rising retirement concerns around Social Security insolvencies. Yahoo Finance Executive Editor Brian Sozzi […]
Dow Jones futures fell slightly early Thursday, along with S&P 500 futures and Nasdaq futures. Arm Holdings (ARM), Duolingo (DUOL), AppLovin (APP) and Robinhood Markets (HOOD) headlined key earnings after the close. X The stock market rally had a quiet session for a second straight day. Nvidia (NVDA) fell slightly for a second straight session. […]
Robinhood Markets (HOOD) crushed earnings estimates for a first quarter that saw a surge in retail cryptocurrency trading. Robinhood stock jumped in late Wednesday trade. The Robinhood earnings report came after the online broker on Monday disclosed it had received a Wells notice over crypto trading on its trading platform.
Robinhood (HOOD) said it received a Securities and Exchange Commission warning that the trading platform could face an enforcement action related to its US crypto business. The so-called Wells notice that Robinhood got May 4 stated that the SEC’s staff made a “preliminary determination” to recommend the action due to violations of registrations as a […]
(Bloomberg) — The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets. Most Read from Bloomberg Robinhood, which is best known for stock trading, said on Monday that […]
Hey, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter recapping the notable happenings in tech over the past few days. This week, TC’s auto reporter Sean O’Kane revealed how EV startup Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started […]
Robinhood announced on Tuesday the launch of its first credit card, which will offer a suite of premium rewards that includes a new travel portal that offers 5% cash back on purchases and 3% cash back on everything else. Those rewards are among the most generous in the industry, and signify that the company is […]
(Reuters) – Robinhood Markets shares climbed nearly 13% in premarket trading on Thursday after the brokerage reported strong growth in assets under custody for the month of February, signaling continued boost from a comeback in cryptocurrency and stock trading. Assets under custody (AUC) grew 16% month-over-month to $118.7 billion at the end of February, the […]