Robinhood
Robinhood warns feds could penalize firm over crypto tokens traded on platform
The SEC has adopted a tough stance toward the digital currency industry, arguing most cryptocurrency tokens are securities and subject to its registration rules, while crypto firms have accused it...
Wall Street's top cop needs to stop spinning the SEC's wheels and end meme stock insanity
While Wall Street cop Gary “Don Quixote” Gensler tilts at market windmills, unchecked meme-stock speculation leaves small investors skewered.
Robinhood defeats investors' appeal over meme stock frenzy
The 11th U.S. Circuit Court of Appeals in Atlanta dismissed claims that Robinhood was negligent in failing to keep investors from losing money, or failed to ensure that its "mission...
Google parent Alphabet dumps 90% of its stake in struggling Robinhood trading app
Following the sale, Alphabet now owns 612,214 shares in the company, worth about $7 million.
Robinhood to slash 7% of full-time workforce in latest layoffs
Robinhood is cutting about 7% of its full-time staff, which will affect about 150 workers. It's the investing app's third round of layoffs since April 2022.
SEC’s regulations on dangerous crypto are an uneven mess
Digital-coin exchanges get approved by the commission to go public, only to be sanctioned later for selling crypto the agency doesn’t like.
Bankman-Fried used $546M in Alameda funds to buy Robinhood stake
The indicted 30-year-old admitted he and co-founder Gary Wang took out the money to buy the 7% stake in Robinhood, new court documents reveal.
Bankman-Fried fights FTX, creditors over $450M Robinhood stake
Sam Bankman-Fried is battling to keep a $450 million stake in retail stock Robinhood that FTX's new boss is trying to claw back, according to court records.
Robinhood ordered to face 'meme stock' manipulation claims
The lawsuit was one of several cases brought against the retail trading platform after it temporarily barred customers from buying certain hot stocks in January 2021, including GameStop and AMC.
Robinhood shares jump as stock-trading app reveals massive layoffs
Shares of Robinhood Markets rose 15% on Wednesday, a day after the commission-free brokerage announced job cuts to weather the downturn in the cryptocurrency markets.
Robinhood slashing workforce again — this time by 23%
Robinhood had already slashed 9% of its workforce in April.
Crypto exchange FTX exploring Robinhood acquisition: report
Crypto billionaire Sam Bankman-Fried’s firm FTX is reportedly exploring a possible acquisition of Robinhood – a development that sent shares of the embattled retail trading platform soaring 15%.
Robinhood stock plummets, company now worth less than cash on hand
Robinhood shares hit a new low this week that pushed the company's market capitalization below the value of its cash on hand.
Elon's Twitter twist: Musk's big tech ‘best’ offer looks bogus
Despite holding the title of world’s richest man, Elon Musk is still making risky business decisions -- including his “best and final” $44 billion offer for Twitter, after he backtracked.
Robinhood laying off 9% of full-time employees — here's why
Retail trading platform Robinhood Markets said the rapid headcount growth has led to some duplicate roles and job functions.
Half of JPMorgan, Robinhood workers admit smoking weed on the clock: survey
A major chunk of the corporate workforce could be toking up during work hours on 4/20 – including half of employees at Wall Street powerhouse JPMorgan Chase and the stock-trading...
Dogecoin can become internet's currency with key change: Robinhood CEO
The top boss at Robinhood is bullish about dogecoin’s outlook -- proposing the meme token has the potential to become the “future currency of the internet” if the developers take...
Robinhood shares recover sharp losses after posting an earnings flop
Robinhood shares have been hammered since the company went public in July.
Trading app Robinhood sinks 11% in after-hours trade after posting loss
Robinhood shares dropped some 11% in after-hours trade Thursday after it posted a net loss for the quarter despite edging past analysts' estimates for quarterly revenue.
'Meme stock' lawsuit against Robinhood tossed out of court
Robinhood was sued by retail investors who said they lost billions when they were stopped by the app from trading "meme stocks" last year.