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3 mins read

'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   


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2 mins read

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   


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1 min read

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…

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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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1 min read

A startup backed by Wall Street heavyweights is pushing for a rule to modernize stock-market pricing that has been touted by Robinhood and the SEC chief

MEMX's proposal is notably similar to an idea floated by Robinhood CEO Vlad Tenev in June, when he …

Ethan Wu   


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1 min read

Robinhood sinks as shareholders file to sell 98 million shares, taking the wind out of massive 2-day rally

Sellers included affiliates of Andreessen Horowitz, New Enterprise Associates, and Ribbit Capital, …

Isabelle Lee   


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2 mins read

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   


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3 mins read

'We can expect fireworks': 6 experts sound off on their expectations for Robinhood's hugely anticipated IPO

"I am struck by Robinhood's decision to reserve shares for their customers. This may be a strategy …

Isabelle Lee   


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2 mins read

Robinhood co-founders each stand to gain $1.4 billion in equity awards if stock price hits $101.50 by 2025

In April, Robinhood reduced the annual salary of Tenev and Bhatt to $34,248, which was the 2019 med…

Matthew Fox   


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2 mins read

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 Mozée   


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1 min read

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 Mozée   


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8 mins read

Robinhood has filed for an IPO. Read its cofounders' letter to future investors.

The popular retail-investing app Robinhood filed to go public on Thursday, after a tumultuous sever…

Tim Levin   


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1 min read

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   


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1 min read

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   


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2 mins read

Robinhood says people are tired of Warren Buffett and Charlie Munger acting like they're the only oracles of investing

Both billionaire investors accused the brokerage of treating the stock market as a casino and enabl…

Shalini Nagarajan   


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2 mins read

Robinhood's Vlad Tenev says he's working to make it easier to withdraw crypto - Mark Cuban says this is the biggest thing standing in dogecoin's way

Vlad Tenev responded to Mark Cuban, who said the thing holding dogecoin's back is Robinhood users c…

Sophie Kiderlin   


Isabelle Lee   


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2 mins read

Kevin O'Leary says he supports Robinhood chief Vlad Tenev and that the CEO is trying to stop young traders on the platform from 'blowing themselves up'

Kevin O'Leary says he believes Robinhood's Vlad Tenev is trying "to stop young people...from blowin…

Will Daniel   


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2 mins read

Robinhood plans to hire a 'ton' of people for its crypto business and may add some new cryptocurrencies to its platform, CEO Vlad Tenev says

"We want to make a huge investment and hire a ton of people," Tenev said, adding Robinhood counted …

Shalini Nagarajan   


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1 min read

Robinhood CEO says investing 'should be as ubiquitous as shopping online' and should not be viewed as gambling

"I reject the idea that investing in the US capital markets is gambling," Robinhood CEO Vlad Tenev …

Isabelle Lee