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'Crypto president' Donald Trump has investors cheering as bitcoin hits record

Bitcoin surpassed $75,000 for the first time ever after Donald Trump secured a second-term as presi…

Jennifer Sor   


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5 mins read

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   


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2 mins read

US stocks fall as investors digest impact of hot inflation data on Fed outlook

Investors this week have taken in a grab bag of economic data, including two hotter-than-expected i…

Phil Rosen   


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Stock market today: Investors snap losing streak as market heads to the end of a stellar first quarter

The S&P 500 looks poised to notch its best first quarter since 2019 as traders head toward the end …

Jennifer Sor   


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Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion

Reddit priced its long-awaited IPO on Wednesday, selling shares at $34 each, valuing the social med…

Jennifer Sor,Erin Snodgrass   


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Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion

Reddit priced its long-awaited IPO on Wednesday, selling shares at $34 each, valuing the social med…

Jennifer Sor,Erin Snodgrass   


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Robinhood downgraded to 'sell' by Goldman Sachs as retail investors become less engaged with the stock market

Robinhood's average account size is just $4,000, which pales in comparison to traditional brokerage…

Matthew Fox   


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1 min read

Crypto trading on Robinhood surges 75% amid bitcoin hype while stock activity goes flat

The spike in crypto trading activity came as the price of bitcoin jumped nearly 30% in October alon…

Filip De Mott   


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Reddit users made meme-stock prices go crazy now they could do the same with Reddit's own stock IPO

Redditors set off the mania that helped cause stock prices to go wild for GameStop and other compan…

Meghan Morris   


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Alphabet sold almost 90% of its Robinhood stake last quarter

The Google-parent sold roughly 4.3 million shares of the trading platform, and also sold 23andMe an…

Phil Rosen   


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2 mins read

Robinhood turns higher after hitting all-time lows one year after the GameStop frenzy

The brokerage's stock hit record lows as its Q4 report indicated people aren't trading as much as t…

Carla Mozée   


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Robinhood drops after trading platform discloses a data breach of 7 million customers and an extortion attempt by hackers

A hacker manipulated a customer support employee by phone and gained access to certain systems, the…

Carla Mozée   


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7 mins read

Robinhood vs. SoFi Invest: Which is best?

Robinhood and SoFi Invest are low-fee investment apps offering a 1% IRA match on eligible deposits.…

Tessa Campbell   


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2 mins read

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   


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2 mins read

Robinhood tumbles 7% after SEC's Gary Gensler says ban of payment for order flow 'is on the table'

Robinhood listed a potential ban of the payment for order flow practice as a risk to its business i…

Matthew Fox   


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Matthew Fox   


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1 min read

Just 1% of Robinhood users participated in the online trading app's IPO

Last month, 12,602 of Robinhood customers bought Duolingo at its IPO price, while 78,250 customers …

Matthew Fox   


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Robinhood drops 12% in volatile public-trading debut after IPO valuing it at $32 billion

The online trading app priced its IPO late Wednesday night at $38 per share, giving it a valuation …

Matthew Fox   


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Robinhood prices IPO at $38 per share, valuing the online brokerage app at $32 billion

The pricing comes at the bottom end of the range set by Robinhood during its investor roadshow this…

Matthew Fox   


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Robinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout

Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the $101.50 stock price needed …

Matthew Fox