Robinhood Markets Inc
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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Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Amazon, MGM Resorts and more
Check out the companies making headlines in extended trading: Microsoft — Stock in the technology behemoth climbed more than 6% on the heels of better-than-expected third-quarter results on the top and bottom lines. Microsoft earned $3.46 per share on revenue of $70.07 billion, while analysts polled by LSEG were looking for a profit of $3.22 […]
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Palantir is soaring while its tech peers are sinking. Here’s why
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Tech stocks have struggled in 2025, as recession and trade war fears sap investor appetite for riskier assets. Palantir is the exception. Against a […]
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Trump meme coin insiders have to wait additional 90 days before they can sell
A cartoon image of US President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 displayed at a Coinhero store in Hong Kong, China, on in Hong Kong, China, on Thursday, Dec. 5, 2024. Justin Chin | Bloomberg | Getty Images WASHINGTON — President Donald Trump will have to wait another […]
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Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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Online trading platform Webull soars 375% in second day on market after SPAC merger
Anthony Denier, CEO fo Webull, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. Brendan McDermid | Reuters Shares of Webull soared nearly 375% on Monday, the second day on the market for the stock-trading app, which completed its merger […]
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