Robinhood launches crypto transfers in Europe as it pushes overseas expansion

Key Points

Retail investing platform Robinhood announced that it’s offering customers in Europe the ability to transfer cryptocurrencies in and out of its app.
The company is looking to broaden its product capabilities in the region as it ramps up its international expansion.
The company said that it’ll allow customers in the European Union to deposit and withdraw more than 20 digital currencies through its platform, including bitcoin, ethereum, solana, and USD coin.

Source

Finance

Here’s the deflation breakdown for September 2024 — in one chart

October 11, 2024

Key Points Deflation has occurred in segments of the U.S. economy over the past year, according to the consumer price index. Some imported goods, consumer electronics, and energy and food items have seen declines in price. Deflation is rare across the broad economy, economists said. Businesses don’t typically reduce prices. Source

Finance

Stocks making the biggest moves midday: Tesla, Wells Fargo, JPMorgan Chase, Fastenal and more

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Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle maker tumbled more than 7% after its robotaxi event underwhelmed investors . Morgan Stanley analysts noted that the event “overall disappointed expectations” due to a lack of details in several areas, including how the company is going to compete […]

Finance

Jamie Dimon says geopolitical risks are surging: ‘Conditions are treacherous and getting worse’

October 11, 2024

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