Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood

Sopa Images | Lightrocket | Getty Images

Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne.

The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in addition to cryptocurrencies such as bitcoin and ether, Galaxy Digital said in a statement.

GalaxyOne also offers several yield-bearing accounts, including a 4% annual percentage yield on cash deposits and an 8% yield investment note for accredited investors who put up a minimum of $25,000.

Galaxy shares have more than doubled this year as federal regulators have softened their oversight of digital assets.

Galaxy Digital in 2025

Source

Finance

Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more

February 5, 2026

Check out the companies making headlines in extended trading. Amazon — Shares tumbled 9% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Reddit […]

Finance

Is the AI bubble popping itself? Software’s break from the tech stock boom raises concerns

February 5, 2026

Source

Finance

Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

February 5, 2026

Key Points Kalshi on Thursday announced new initiatives to expand its surveillance and enforcement frameworks, just days before the Super Bowl. The prediction market is adding advisory committees and resources for consumers on insider trading and market manipulation. Kalshi said its trading volume for Super Bowl predictions has already passed $160 million. Source