Breaking News
Robinhood
Cathie Wood buys over $45M in Robinhood stock on first day of trading
July 30, 2021 | 8:42amCathie Wood sunk more than $45 million into Robinhood, apparently unshaken by the commission free-trading app's disappointing first day of trading.
Robinhood shares plummet 10 percent moments after debut
July 29, 2021 | 3:09pmShares of free-trading app Robinhood dropped more than 10 percent moments after debuting on the Nasdaq stock exchange at $38 a share on Thursday.
Could Wall Street and Main Street join forces to short Robinhood post-IPO?
July 28, 2021 | 8:22pmCould Robinhood's hotly anticipated IPO make it a short-selling target of both the hedge funds and the "Reddit Rally" retail crowd normally bent on destroying Wall Street?
A-Rod, Dave Portnoy and an e-commerce tycoon are all pouring money into one company
July 21, 2021 | 12:35pmFormer Yankees slugger Alex Rodriguez, Barstool Sports founder Dave Portnoy and e-commerce tycoon Mark Lore are pouring cash into Tornado, an online brokerage that operates a social network for traders.
Robinhood warns trading frenzy is slowing as it seeks $35 billion IPO valuation
July 19, 2021 | 10:53amRobinhood could could be valued as high as $35 billion and raise as much as $2.3 billion in its upcoming initial public offering, according to an amended prospectus filing Monday.
Meme stocks' rally fades as retail investors are 'falling out of love'
July 9, 2021 | 11:52amPurchases of meme stocks, which include GameStop, AMC, Bed Bath & Beyond and others, fell sharply last week, according to data from Vanda Research.
Robinhood IPO faces threat of retail snub on Reddit
July 7, 2021 | 8:33pmOnline brokerage Robinhood, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums...
Robinhood warns it could be hurt if interest in Dogecoin wanes
July 1, 2021 | 5:24pmCommission-free trading app Robinhood warned investors on Thursday that its fortunes may be tied to a cryptocurrency that got its start as a joke. In revealing its financials for the...
Robinhood files for IPO, reveals blockbuster pandemic growth
July 1, 2021 | 3:18pmNo-fee trading app Robinhood revealed a massive $80 billion in customer assets amid blockbuster pandemic growth as it filed for its highly anticipated initial public offering on Thursday.
Robinhood to set aside up to 35 percent of shares for retail investors: report
July 1, 2021 | 7:54amRobinhood plans to set aside as much as 35 percent of shares in its highly anticipated initial public offering for retail investors, The Wall Street Journal reported.
Robinhood pays record $70M to settle probe into outages, misleading info
June 30, 2021 | 12:38pmRobinhood has agreed to pay nearly $70 million to settle a regulatory investigation into allegations that it misled customers, and failed to appropriately vet certain traders.
Charlie Munger calls Robinhood a ‘gambling parlor,’ says it’s ‘sleazy’
June 30, 2021 | 8:29amCritics of Robinhood have accused the company of gamifying investing.
How SEC boss should deal with 'meme' stock schemes
June 12, 2021 | 11:24pmSEC boss Gary Gensler has his eye on regulating the "gamification" of meme-stocks like AMC and Gamestop, but there is an easier, simple way to stop wild speculations, Charles Gasparino...
Robinhood rival crypto exchange Kraken launches new app
June 3, 2021 | 2:14pmKraken, a cryptocurrency exchange with a reported $20 billion valuation, is launching a new trading app -- but don't expect digital confetti showers when you use it to buy Bitcoin....
Robinhood loses bid to block Massachusetts regulators' case against it
May 27, 2021 | 3:55pmThe state alleges Robinhood is taking advantage of young investors through its app-based trading model.
Robinhood seeks to democratize IPOs ahead of its own stock debut
May 20, 2021 | 5:30pmRobinhood wants to give amateur investors access to initial public offering shares ahead of its own planned IPO.
Robinhood to release its IPO filing next week: report
May 19, 2021 | 12:25pmThe trading app that's become synonymous with the "Reddit rally" is about to open the kimono. Robinhood Markets Inc. expects to publicly file key financial data with the Securities and...
'$40 billion' Robinhood app tries to vault SEC hurdles
May 15, 2021 | 9:58pmIt’s a lot of money for a stock-trading app that’s supposedly free.
SEC's new chief Gary Gensler eyes crackdown on apps that 'gamify' trading
May 6, 2021 | 5:29pmWall Street's new top cop said he's fixing his gaze on the rising use of social-media apps for stock trading -- and a clampdown may be coming.
Warren Buffett rips Robinhood for turning stock market into 'casino'
May 3, 2021 | 9:40amLegendary investor and Berkshire Hathaway CEO Warren Buffett slammed stock-trading app Robinhood -- saying it’s turning the market into a casino.