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The Latest Breaking News from Robinhood

Stock Market Today: Dow Nabs First-Ever Close Above 40,000

Robinhood stock popped after a double-upgrade from BofA Securities, while Reddit jumped on a new OpenAI deal.

Kiplinger

Cardano Creator Says Biden Administration Seeks To 'Kill Crypto' Amid SEC Bulletin Drama

Charles Hoskinson called the Biden administration's latest statement regarding a House resolution that repeals the highly-debated SAB 121 of the SEC as "garbage."

International Business Times

Robinhood Reports Record Q1 Earnings After Cryptocurrency Surge

Robinhood stock initially surged after the retail brokerage firm reported earnings, but has since pulled back. Here's what you need to know.

Kiplinger

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City watchdog should stick to its guns on 'name and shame' plan

City Comment: Strong regulation is good for the City, not a weakness

Evening Standard

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

International Business Times

'Scare Tactic': Lawmaker, Lawyer, Crypto Users Cry Foul Over SEC Robinhood Wells Notice

The crypto space is outraged over the SEC's seeming "abuse" of the Wells process as the regulator issued a Wells Notice to Robinhood's crypto arm just weeks after Uniswap received a notice.

International Business Times

Robinhood Crypto Receives Wells Notice From US SEC

Robinhood Crypto faces potential SEC enforcement action over undisclosed concerns. The outcome could have significant implications for the fintech industry.

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'Terrible Product': Blockstream CEO Slams MicroStrategy's New ETF

Blockstream's Adam Back believes investing in MicroStrategy's new Defiance 2X Short MSTR ETF will only make investors bleed out their capital fast.

International Business Times

Robinhood BTC Stash Grows By 14% In The Last 6 Months: Arkham Data

Robinhood has grown its Bitcoin holdings significantly in the last six months, placing it just behind Bitfinex and Binance in single cold wallets with the largest known BTC.

International Business Times

Robinhood makes major push into credit cards with 3% cash back rewards, 10 karat gold Visa card

The move comes at a time when Robinhood's share price is up nearly 100% this year and the company appears to have recovered from its post-pandemic malaise.

Fortune

Robinhood Expands Crypto Wallet Access To Android Users Globally

The Robinhood Wallet is now available for all Android users around the globe, marking another milestone in the financial services company's cryptocurrency business.

International Business Times

Scoop Up This Crypto Stock for 74% Upside Potential, Says Analyst

Most analysts aren't too enthusiastic about this crypto-adjacent stock, but new coverage from Bernstein suggests major upside potential as institutional adoption of Bitcoin explodes.

Barchart

US stock trading app Robinhood launches for all in UK as waiting list ends

It offers trading in more than 6,000 US-listed companies

Evening Standard

Stocks Fall on Bearish US Economic Reports and Sharp T-note Yield Rise

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. Stocks on Thursday closed mildly lower on the bearish PPI and retail sales...

Barchart

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Barchart

Stocks Succumb to Bearish PPI and Retail Sales Reports

The S&P 500 Index ($SPX ) (SPY ) is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.13%. Stocks faded from early gains and are currently trading mildly lower on today's bearish PPI...

Barchart

Stocks Lower On Bearish PPI and Retail Sales Reports

The S&P 500 Index ($SPX ) (SPY ) today is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. Stocks are trading slightly lower after today’s bearish PPI and retail sales reports. The...

Barchart

Stocks Absorb Bearish PPI and Retail Sales Reports

The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. Stocks are trading slightly higher despite today’s bearish PPI and retail sales reports. The...

StockNews.com

Robinhood Markets (HOOD) 2024 Predictions Check: Buy or Hold?

Robinhood Markets (HOOD) is expanding into new markets as it launched crypto trading for customers in Europe amid intense scrutiny in the United States. So, is HOOD a buy now? Let’s discuss this in detail.

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International Business Times

ARK Invest Continues COIN, Robinhood Sell-off As Spot Bitcoin ETF Decision Looms

ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.

Barchart

Get Paid to Save: These 2 Fintech Companies Will Match Your IRA Contributions

Your financial planner might charge you a fee to manage your money - but these two fintechs are ready to shell out to convince you they're ready to manage yours.

Fortune

Robinhood's evolution is a symbol of the broader convergence of crypto and mainstream finance

Robinhood's evolution is a fitting symbol for bigger financial trends to watch in 2024.

Fortune

Robinhood’s crypto revenue is the lowest it’s been in 3 years, but it still stans crypto—and Dogecoin

“We don't see Dogecoin as a negative asset for us,” Johann Kerbat, Robinhood’s head of crypto, told Fortune, in reference to the dog-inspired cryptocurrency.

Top News

Robinhood Entices Affluent Clients from Major Brokerages

Robinhood, the dashing hero of investment apps, sets eyes on wealthier clientele, charming them away from traditional brokerage giants. A modern-day financ...

Fortune

Robinhood launches crypto trading in the EU, adds Solana and other tokens delisted in the U.S.

The online brokerage had delisted Solana, Polygon, and Cardano in the U.S. in June after the SEC named them in its lawsuits against Binance and then Coinbase.

Barchart

Cathie Wood Is Buying Robinhood Stock. You Probably Shouldn't.

Cathie Wood, of ARK Invest fame, has sold Coinbase shares in recent days, while adding more Robinhood shares. Here's why investors should steer clear of HOOD stock.

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