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Robinhood's cofounder has joined the rapidly growing commercial space race, and wants to beam solar power from satellites to earth
A report from McKinsey earlier in 2024 estimated that the global space economy will be worth $1.8 t…
Polly Thompson  Â
'Dumb Money' shows how Vlad Tenev's Robinhood investing app fueled the GameStop stock frenzy — here's where the former billionaire is now
In "Dumb Money," Sebastian Stan plays the CEO of the app that led to the rise and fall of the GameS…
Jason Guerrasio  Â
Stock trading app Robinhood fires 713 employees, CEO says 'it's on me'
Silicon Valley-based online trading app Robinhood has sacked 23 per cent of its workforce, just thr…
Robinhood CEO explains how he got employees back to the office after initially saying the company was 'remote-first'
Robinhood told employees in 2022 the company would be "staying primarily remote." A year later, tha…
Sarah Jackson  Â
The CFO of Robinhood says the company sees no reason to put a 'meaningful' amount of corporate cash into cryptocurrencies
Robinhood CFO Jason Warnick also told The Wall Street Journal that he is aware retail investors wan…
Isabelle Lee  Â
Robinhood is not racing to list shiba inu coin and the short-term gains for the platform wouldn't be in the interest of its users, crypto COO says
"We think that the short-term gain we might get is not worth the long-term trade-off for our users,…
Isabelle Lee  Â
Robinhood is launching its long-awaited crypto wallet next year and will begin testing the feature with users starting in October
The uncapped waitlist for the crypto wallet will be released on Wednesday ahead of the launch. Riva…
Isabelle Lee,Shalini Nagarajan  Â
Robinhood has rolled out crypto wallets to its 2 million-strong waitlist — except for people in three US states
Almost 2 million customers on Robinhood's WenWallets waitlist will be able to send and receive cryp…
Hamza Fareed Malik  Â
Robinhood is preparing a new feature that will allow users to get their paychecks direct-deposited up to 2 days early
The feature, discovered by developer Steve Moser, is called Early Direct Deposit. The code suggests…
Isabelle Lee  Â
Robinhood CEO Vlad Tenev praises 'diamond-handed' investors who didn't flip their IPO stocks
Users have jumped at the chance to buy into companies at the IPO price, Tenev told investors on Wed…
Shalini Nagarajan  Â
Robinhood's crypto wallet waitlist has well over 1 million people, CEO Vlad Tenev says
"A lot of people have been asking for the ability to send and receive cryptocurrencies," Vlad Tenev…
Shalini Nagarajan  Â
Robinhood CEO says the meme-stock craze has helped ailing companies survive, and that high retail investor participation is fundamentally good for markets
There are meme-stock investors "that love these companies they want them to thrive," Tenev said in …
Carla MozĂ©e  Â
A Goldman analyst foresaw Robinhood's growth woes weeks ago and downgraded the stock. Here are the 3 lingering issues he pinpointed.
Earlier this month, Goldman flagged what it saw as softening retail engagement levels in a recent d…
Carla MozĂ©e  Â
Robinhood drops after the popular trading platform announces it is cutting 9% of staff after period of rapid growth
The cuts should "improve efficiency, increase our velocity," said Robinhood CEO Vlad Tenev. The fir…
Carla MozĂ©e  Â
Robinhood is launching a beta version of its crypto wallet in January
After months of fine-tuning the crypto wallet during the October alpha testing, Robinhood is now re…
Isabelle Lee  Â
CEO Vlad Tenev says Robinhood's critics aren't just targeting the massively popular trading app - they also want to limit the power of its users
A ban on the payment-for-order-flow model could "re-erect barriers" for retail investors wanting to…
Natasha Dailey  Â
Robinhood says it can now solidly handle surprise market events, a year after controversially restricting meme-stock trading
The brokerage said it now has a net capital position of $2.7 billion, which is 25 times what the SE…
Shalini Nagarajan  Â
Robinhood's IPO filing reveals the US Attorney's Office executed a search warrant for CEO Vlad Tenev's cell phone
The company which publicly filed for an IPO on Thursday mentioned the search warrant in its risk fa…
Grace Kay  Â
Robinhood CEO backs SEC chief's push to modernize the stock market and 'level the playing field' for retail investors
Earlier this month, Gary Gensler acknowledged that the rule banning sub-penny pricing on exchanges …
Ethan Wu  Â
Robinhood is testing a feature that will let users invest their spare change into select stocks, report says
The feature was discovered by iOS developer Steve Moser through a code inside the company's test ve…