Robinhood

Robinhood stock drops after hackers stole info on 7 million users

No Social Security numbers, bank account numbers or debit card numbers were exposed in the breach and no customers have actually lost any money as a result, Robinhood insisted.

Bitcoin tumbles amid filing for ETF that would bet against the crypto

The application comes just a week after the SEC allowed the first bitcoin futures ETF, the ProShares Bitcoin Strategy ETF, to begin trading.

Trump SPAC appears to be hurting 'meme stocks' -- but boosting Robinhood

As shares of the "Trump SPAC" get pushed to eye-popping levels, the "meme stocks" that were all the rage on Reddit this spring could be collateral damage, sources told On...

Gensler all wet with overregulation would sink ‘meme’ markets

Securities and Exchange Commission honcho Gary Gensler wants to stomp on the “meme stock” trading fever in his run to be President Joe Biden's Treasury Secretary, Charles Gasparino writes.

Robinhood Redditor army makes #citadelscandal trend — and lawyers are watching

It’s not just the Redditor crowd that’s watching the alleged #citadelscandal. An organizer of a class-action lawsuit against the market maker accused of having a too-cozy relationship with trading app...

Citadel Securities denies requesting 'meme stock' trading restrictions

Citadel Securities did not ask Robinhood or any other firm to restrict or limit trading on GameStop and other so-called "meme stocks" at the height of the retail-driven trading frenzy...

Robinhood shares jump after crypto wallets launch announcement

Robinhood shares jumped more than 6 percent Wednesday morning after the no-fee trading app announced that it will launch cryptocurrency wallets.

Gensler's brewing battle with Robinhood could prove bloody

There could be a lot of fighting between SEC Chair Gary Gensler and the popular stock trading app Robinhood. That battle could get really ugly, writes Charles Gasparino.

Robinhood to give users access to their paychecks two days early

The feature is expected to be in the next version of the Robinhood app, the report adds.

SEC weighing ban on controversial PFOF payment system

The Securities and Exchange Commission Chairman Gary Gensler said a full ban of the controversial payment for order flow (PFOF) practice is “on the table,” financial newspaper Barron’s reported on...

PayPal exploring a stock-trading platform that may take on Robinhood

Payments giant PayPal is reportedly exploring the launch of a stock-trading platform for its US customers that could take on Robinhood.

Growing political roadblock vs. big spender Joe Biden

As the debacle in Afghanistan consumes the Biden administration, Wall Street is keeping a closer eye on another debacle.

Dogecoin gives Robinhood major boost with second quarter earnings

Dogecoin, which got its start as a joke, accounted for a whopping 25.6 percent of commission-free trading app Robinhood's revenue in the second quarter.

Robinhood shares drop as company warns trading activity will slow

Robinhood's stock tumbled more than 10 percent after the free stock-trading app warned a trading frenzy that powered its latest quarterly results appears to be waning. The Silicon Valley-based company...

Short sellers doubling down on Robinhood, betting it's poised to fall

More than 12.5 million HOOD shares -- or roughly 25 percent of the float -- were shorted as of the close of trading on Wednesday, according to data from S3...

Robinhood stock tanks as investors file to sell nearly 100 million shares

Robinhood's stock -- which posted eye-popping gains earlier this week following last week's lackluster IPO -- fell as much as 17 percent in early Thursday trades after a group of...

Robinhood shares halted after massive spike, looming short squeeze

Robinhood's surging shares were halted on Wednesday after a massive spike, with some investors speculating that its dizzying rally is being driven by fears of a short squeeze.

Robinhood shares soar more than 20 percent despite a lack of news

Robinhood is starting to behave like a meme stock. Shares of the free stock-trading app popped more than 20 percent Tuesday morning despite a lack of news, befuddling traders and...

‘Little guy’ may feel sharp pain from Robinhood's IPO arrow

Robinhood's shaky IPO debut and intention to “democratize” Wall Street with its ever-growing user base isn't attracting institutional investors -- for a good reason, Charles Gasparino writes.

Retail traders weren't hot on Robinhood stock after IPO

Robinhood's efforts to democratize finance fell flat on the free trading app's first day as a public company.