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White House discussing currency swap line with United Arab Emirates

London-based Robinhood rival Freetrade buys UK arm of Australian investing platform Stake

Key Points

British retail investing app Freetrade has entered into an agreement with Australian rival Stake to take on all of the company’s U.K. clients and their assets, Freetrade told CNBC Tuesday.
Sydney-based Stake launched its services in the U.K. in 2020, however the firm has decided to focus primarily on its Australia and New Zealand operations after a recent business review.
The move is expected to bolster Freetrade’s domestic operations, and comes as British retail investment platforms as a whole are facing heated competition from Robinhood.

Source

Finance

White House discussing currency swap line with United Arab Emirates

April 21, 2026

Key Points The White House is considering a financial lifeline to the United Arab Emirates as the U.S. war with Iran wreaks havoc on the Gulf state’s economy, a White House official told CNBC. Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration as […]

Finance

Stocks making the biggest moves midday: UnitedHealth, Pitney Bowes, Apple, Amazon & more

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Check out the companies making the biggest moves midday: Valmont Industries — The agricultural product and infrastructure rallied 12% on better-than-expected results for the first quarter. The company cited strong demand in its North America utility business for the beat. It also hiked the lower end of its full-year earnings guidance. Pitney Bowes — The […]

Finance

Stocks making the biggest moves premarket: Amazon, Apple, GE Aerospace, UnitedHealth & more

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Check out the companies making headlines before the bell: UnitedHealth — Shares popped more than 6% after UnitedHealth reported first-quarter earnings and revenue that beat analyst expectations. The company earned $7.23 per share, adjusted, on revenue of $11.72 billion. Analysts expected a profit of $6.57 per share on revenue of $109.57 billion. UnitedHealth also hiked […]