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The Latest Breaking News from Robinhood

Whether you’re taking the first steps to increase your wealth or protecting the assets you’ve accumulated, our advice to grow your wealth will help you flourish.

Kiplinger

3 Groups File Competing Claims For Sam Bankman-Fried's $11B Forfeited Assets

Sam Bankman-Fried was ordered to forfeit $11 billion in assets after he was found guilty of fraud and other related charges late last year, and now three separate groups are claiming all or some of the assets linked to the collapse of the FTX crypto empire.

International Business Times

Cathie Wood sells $11 million of soaring fintech stock

Her Ark Innovation ETF has slid 16% year to date.

The Street

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Up 74% YTD, is This Cathie Wood Stock Overvalued?

Robinhood stock is on an absolute tear in 2024, rising over 74% year-to-date. Is this Cathie Wood stock overvalued, or a good momentum stock to buy right now?

Barchart

Crypto Community Divided After Robinhood Announces $200M Acquisition Of Bitstamp

Robinhood will acquire crypto exchange Bitstamp – the announcement has had the crypto community divided, with some unsure if the move will be beneficial for the sector or not.

International Business Times

Robinhood defies the SEC by forking over $200 million for a crypto exchange

The company, which received a Wells Notice from the SEC in May, touted the move as “a major step in growing our crypto business.”

Fortune

Robinhood just made a very big bet on crypto: What the $200 million Bitstamp deal means for the company

The acquisition is a risky one but could pay off by giving Robinhood access to new markets.

Fortune

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Robinhood Stock Surges Out Of Buy Zone, Adds To 70% Rally With Crypto Exchange Acquisition

Robinhood announced plans to buy Bitstamp to expand its cryptocurrency business. Robinhood stock surged out of a buy zone.

Investors Business Daily

Wall Street has returned to T+1 trading for the first time in a century. How much longer until T+0?

SEC Chair Gary Gensler says a quicker settlement cycle benefits investors and reduces risk. Why not make it faster?

Fortune

Cathie Wood snags 100,000 shares of fintech stock after slump

Her flagship Ark Innovation ETF has slumped 20% year to date.

The Street

Robinhood Unveils Big Stock Buyback Program: What To Know

Stock trading app Robinhood said its board authorized a $1 billion share repurchase program. Here's what that means.

Kiplinger

Robinhood, IBD Stock Of The Day, Nears New Buy Point On Buyback Plan

Robinhood neared a buy point Wednesday after the stock-and-crypto trading app announced a $1 billion share buyback.

Investors Business Daily

Dow Jones Sells Off 400 Points Ahead Of Fed Report; Nvidia Falls From Record Highs

Stock Market Today: The Dow Jones sold off 400 points Wednesday ahead of the Fed's Beige Book. Nvidia stock fell from record highs.

Investors Business Daily

2 Standout Cathie Wood Stocks That Just Scored Upgrades

These two Cathie Wood stocks, which have earned a vote of confidence from Bank of America, are sailing past the broader market this year.

Barchart

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Investors Business Daily

Netflix Stock, Robinhood Boast This Key Signal Of Stock Market Leadership

Netflix stock, along with Robinhood Markets, boast this key signal of stock market leadership in today's action.

Investors Business Daily

Bitcoin Price Slides From $71,000; Ethereum Soars On ETF Approval Rumors, Crypto Stocks Pare Gains

Ethereum soared Tuesday on rumors of SEC 180 on ETF approvals. Bitcoin price reverses after nearing $72,000.

The Independent UK

Who is Roaring Kitty, the 2021 GameStop stock booster, and why did he suddenly return?

Why did Roaring Kitty return, and what — if anything — does it mean for the future of GameStop’s stock prices?

Kiplinger

Stock Market Today: Dow Nabs First-Ever Close Above 40,000

Robinhood stock popped after a double-upgrade from BofA Securities, while Reddit jumped on a new OpenAI deal.

Get all your
news in one place.

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Investors Business Daily

GME Stock Tumbles On Q1 Preview, Top Short Seller Returns; Robinhood Sees Major Upgrade

GME stock tumbles after GameStop's preliminary Q1 results disappoint. A major short seller returns. Robinhood sees double upgrade. Meme rally fizzles.

Investors Business Daily

GME Stock, AMC Slide As Meme Rally Fizzles; Robinhood Reverses

GME stock, AMC fell early Thursday as the meme stock rally loses steam. But Robinhood sees a boost from retail participation.

Investors Business Daily

Stock Market Moves Toward Highs; Arista, Toast, Palantir Key Earnings Movers: Weekly Review

The major stock market indexes are above their 50-day lines and nearing record or 52-week highs. Big earnings winners and losers continued.

International Business Times

Cardano Creator Says Biden Administration Seeks To 'Kill Crypto' Amid SEC Bulletin Drama

Charles Hoskinson called the Biden administration's latest statement regarding a House resolution that repeals the highly-debated SAB 121 of the SEC as "garbage."

Kiplinger

Robinhood Reports Record Q1 Earnings After Cryptocurrency Surge

Robinhood stock initially surged after the retail brokerage firm reported earnings, but has since pulled back. Here's what you need to know.

Evening Standard

City watchdog should stick to its guns on 'name and shame' plan

City Comment: Strong regulation is good for the City, not a weakness

International Business Times

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

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