Robinhood Markets Inc
JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar
Vice President JD Vance speaks at Bitcoin 2025, Wednesday, May 28, 2025, in Las Vegas. John Locker | AP LAS VEGAS — Vice President JD Vance used his position on stage at the biggest bitcoin conference of the year to push the Trump administration’s efforts on stablecoin legislation, touting its potential benefits to the U.S. […]
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Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to […]
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S&P 500 rips higher by more than 20% as animal spirits awaken in six-week market comeback
I can’t be the only parent of college-age kids who routinely texts them, “Have fun. Not too much.” This roughly captures the recent market moment. Investors have loosened up and are deservedly enjoying the resounding six-week market comeback — which takes them ever closer to the hard-to-discern line between harmless fun and reckless indulgence. Bursting […]
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The U.S. has struggled for crypto clarity. Canada may have the answer
TORONTO — Canada has quietly become a global leader in digital assets. Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The country has repeatedly evolved its regulatory guidance in recent years, while U.S. lawmakers remain stuck in gridlock — even with a pro-crypto White House […]
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EToro IPO filing cites Israel-Hamas conflict as potential business risk
Yoni Assia, Co-Founder and CEO of eToro, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2023. Patrick T. Fallon | Afp | Getty Images In eToro‘s IPO filing, ahead of the company’s market debut on Wednesday, the stock trading platform spent over 1,500 words spelling out the potential risks […]
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Rising hedge fund stars at Sohn give their top investment ideas, including one that can rally nearly 50%
A handful of hedge fund founders took the stage Wednesday at the 2024 Sohn Investment Conference in New York to share their best investment ideas. The conference — one of the most anticipated hedge fund events of the year — kicked off with “Next Wave Sohn,” a session that features ideas from leaders in the […]
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Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
Key Points Shares of eToro popped in their Nasdaq debut on Wednesday. The stock and crypto trading app raised almost $310 million in its IPO late Tuesday, selling shares above the expected range. IPOs looked poised for a rebound when President Donald Trump returned to office in January, but tariff concerns put the market on […]
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Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
Key Points Israel-based stock brokerage platform eToro said it has priced shares at $52 for its IPO, above its expected range of $46 to $50. The retail trading platform filed for an IPO in March, but as tariff uncertainty rattled markets, the company temporarily shelved ITS plans. EToro scrapped a prior effort to go public […]
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Fintechs that raked in profits from high interest rates now face a key test
Key Points In 2024, several fintechs — including Robinhood, Revolut and Monzo — saw a boost to their bottom lines from higher interest rates. Now, they face a key test as a broad decline in interest rates raises doubts about the sustainability of relying on this heightened income over the long term. Lindsey Naylor, partner […]
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Stocks making the biggest moves premarket: Microsoft, CVS Health, Meta Platforms, Qualcomm and more
Check out the companies making headlines before the bell. Microsoft — The tech giant jumped nearly 9% after beating Wall Street’s earnings and revenue expectations driven by its Azure cloud business. Microsoft issued strong guidance for the year. Meta Platforms — Shares popped 6% after the social media company reported first-quarter earnings of $6.43 on […]
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