Tag: Robinhood Markets Inc

Robinhood CEO defends payment for order flow, says practice is ‘here to stay’

Vlad Tenev, co-founder and CEO of Robinhood, rings the opening bell at the Nasdaq on July 29, 2021.Source: The NasdaqRobinhood CEO Vlad Tenev says...

FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value

FTT, the token native to crypto exchange FTX, lost most of its value after rival Binance, the world's largest cryptocurrency firm, announced plans to...

Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021.Eva Marie Uzcategui | Bloomberg |...

Charlie Munger says the Robinhood trading app is justly ‘unraveling’ for ‘disgusting’ practices

Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now "unraveling.""It's so easy to overdo a...

SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees

Bob Cortright of DriveWealthSource: DriveWealthDriveWealth, the SoftBank-backed start-up that helps fintech firms including Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned.The...

Robinhood shares rally more than 9% Friday after falling 14% in earlier trading

Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City.Cindy Ord | Getty ImagesRobinhood clawed...

Cramer says market needs a ‘total give up’ to find a bottom and signal an all-clear to buyers

The stock market needs to get worse before it can get better, CNBC's Jim Cramer said Friday."I'm looking for a day where people just...

Fintech start-up MX names new CEO as firm prepares for sale or IPO

Shane Evans, interim CEO of fintech platform MX.Courtesy: MXFintech start-up MX has named Shane Evans its interim CEO as the company prepares for an...

PayPal is exploring a stock-trading platform for U.S. customers

A sign is posted outside of the PayPal headquarters in San Jose, California.Justin Sullivan | Getty ImagesPayPal is exploring a possible stock-trading platform.After rolling...

Robinhood is not a meme stock and doesn’t plan to sell shares to raise funds, CFO says

Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according...

Robinhood says dogecoin accounted for 62% of crypto revenue in Q2

Commemorative dogecoins on display in Yichang, China on May 14, 2021.Barcroft Media | Barcroft Media | Getty ImagesRobinhood said crypto accounted for more than...

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