Robinhood Markets Inc
New York Stock Exchange to extend after-hours trading
The facade of The New York Stock Exchange is seen in the Financial District in New York City on Nov. 18, 2023. Mairo Cinquetti | Nurphoto | Getty Images The New York Stock Exchange on Friday announced plans to extend trading on its all-electronic exchange to 22 hours a day. The NYSE announcement comes as […]
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Stripe’s $1.1 billion deal for crypto firm Bridge marks much-needed win for VCs
The Stripe logo on a smartphone with U.S. dollar banknotes in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company […]
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Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
Tthe Robinhood logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images LONDON — Robinhood said Monday that it’s rolling out margin investing — the ability for investors to borrow cash to augment their trades — in the U.K. The U.S. online investment platform said that the option would allow users […]
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Robinhood launches platform to go after bigger, more active traders
Key Points Robinhood Legend includes advanced charting tools for users. The brokerage firm also said it will soon add futures trading and index options to its mobile platform. The new additions for Robinhood are another example of the firm looking to expand beyond its roots as a convenient platform for small-dollar traders. Source
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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 […]
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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 […]
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Crypto will be ‘big boon’ for financial services over time, Robinhood CEO says: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Steven Lubka, […]
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Stocks making the biggest moves midday: Walmart, Nike, Dell, Tapestry and more
Check out the companies making headlines in midday trading. Walmart — Shares of the discount retailer jumped 7% on strong earnings. Walmart topped Wall Street’s quarterly estimates and lifted its full-year outlook as consumers show ongoing resilience. For the year, the company expects sales to rise between 3.75% and 4.75%, and adjusted earnings to come […]
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Stocks making the biggest moves premarket: Ulta Beauty, Walmart, Cisco Systems and more
Check out the companies making headlines before the bell. Ulta Beauty — Shares of the beauty retailer popped a whopping 13% in premarket trading after a regulatory filing revealed that Warren Buffett’s Berkshire Hathaway took a stake worth $266 million in the second quarter. The bet is relatively minor for Berkshire, whose equity portfolio is […]
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Stocks making the biggest moves midday: JetBlue, Hawaiian Electric, KeyCorp, Monday.com and more
Check out the companies making headlines in midday trading: JetBlue — Shares sank 13% after the airline said it plans to sell $400 million of five-year convertible senior notes. Hawaiian Electric Industries — Shares plummeted more than 16% after the utility said it does not yet have a financing plan for the $1.7 billion Maui […]
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