Robinhood Markets Inc

Stocks making the biggest moves premarket: Warner Bros. Discovery, Tesla, Robinhood, IonQ and more
Finance

Stocks making the biggest moves premarket: Warner Bros. Discovery, Tesla, Robinhood, IonQ and more

Check out the companies making headlines before the bell. Warner Bros. Discovery – Shares jumped nearly 9% after Warner said it will split into two publicly traded companies by next year. One company will host WBD’s streaming services and movie properties, while the other will include its cable networks such as CNN and TNT Sports. […]

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Financial stocks seem to be losing momentum and show signs of weakness
World

Financial stocks seem to be losing momentum and show signs of weakness

One sector that was seen as a potential winner of the Trump administration is starting to cool, even as some of the projected benefits seem to be materializing. Wolfe Research analyst Rob Ginsberg wrote in a note to clients that financials are showing signs of weakness. The group is still outperforming the S & P […]

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Robinhood’s 0 million Bitstamp deal takes it beyond retail trading
Technology

Robinhood’s $200 million Bitstamp deal takes it beyond retail trading

Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions. The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto […]

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JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar
Technology

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.
Technology

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
World

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
Technology

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
Technology

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%
World

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
Finance

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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