Robinhood Markets Inc
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Zach Perret, CEO and co-founder of Plaid, speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Jan. 31, 2020. George Frey | Bloomberg via Getty Images Plaid on Thursday announced a new funding round that values the fintech startup at $6 billion, down from $13.4 billion in 2021. The new […]
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Wall Street banks got meager payout from CoreWeave IPO
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They’re not making much money from […]
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Stocks making the biggest moves midday: CoreWeave, Canada Goose, Tesla, United Airlines and more
Check out the companies making headlines in midday trading. CoreWeave — Shares of the cloud provider tumbled more than 9% in its second trading session since going public. CoreWeave, which rents out access to Nvidia graphics processing units to other large tech companies, suffered a disappointing debut last week. Nvidia also saw its shares drop […]
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Stocks making the biggest moves premarket: Tesla, Stellantis, Nvidia and more
Check out the companies making headlines before the bell. Tesla – The electric vehicle maker tumbled more than 6% after Stifel cut its price target on the stock. The firm said that a slower-than-expected rollout of Telsa’s new Model Y and recent protests could weigh on sales in the near term. Auto stocks – Shares […]
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Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite. Subscribers to Robinhood Gold pay $5 a month or $50 a year for perks like 4% interest on uninvested cash, access to professional […]
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Trump-backed crypto bank joins stablecoin wars with new dollar-pegged token
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin, joining an increasingly crowded market. The company said Tuesday that the […]
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Crypto’s long battle with SEC comes to a close with Ripple victory
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | Reuters The Securities and Exchange Commission’s years-long crusade against the crypto industry appears to be over. The final chapter closed on Wednesday, when Ripple announced that the SEC had officially dropped […]
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Stocks making the biggest moves midday: Intel, Tesla, Affirm, Robinhood and more
Check out the companies making headlines in midday trading: Affirm — The buy now, pay later company saw shares tumble 10% after CNBC reported that Swedish fintech firm Klarna will replace Affirm as the exclusive provider of such loans for Walmart . Klarna, which just disclosed its intention to go public in the U.S., will […]
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David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, […]
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Fintech stocks plummet as Wall Street worries about consumer spending, credit
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images It was a bad day for tech stocks, and a […]
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