Robinhood

Robinhood Markets Inc is moving forward with its IPO plans. What Happened: The fintech startup is planning to file confidentially for an initial public offering, possibly as early as March, Bloomberg has reported, citing sources close to the brokerage. The decision is not yet...

According to a report from trading app Robinhood, six million new users bought cryptocurrencies in 2021 alone. What Happened: The report titled “Crypto Goes Mainstream” reveals that January alone saw 3 million new crypto users, and the month of February brought in over 2....

In the wake of the temporary market chaos created by the WallStreetBets-fueled short squeeze in GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), BlackBerry Ltd (NYSE: BB) and other so-called meme stocks, major changes could be coming to the way stock trades are settled....

Keith Gill, the now-famous Reddit WallStreetBets trader, appears to have bought more shares of GameStop Corp. (NYSE: GME) after the price fell by 23%. What Happened: Judging by a screenshot Gill shared on Friday afternoon, he bought 50,000 more shares of the stock. Gill previously showed he...

The CEOs of Reddit, Robinhood, Citadel Securities and Melvin Capital testified in front of the House Financial Services Committee on Thursday as part of a Congressional inquiry into extreme volatility in GameStop — and Robinhood’s decision to temporarily limit buying of so-called...

On Thursday, the House Financial Services Committee committee held a special hearing to attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently...

Betting site MyBookie is offering betting odds on the Congressional hearing set to take place Thursday afternoon. The U.S. House Committee on Financial Services hearing on market volatility is expected to be a widely covered event for the financial markets that could have a ripple effect. Here are...

On Thursday, a Congressional committee will attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently experienced extreme surges in volatility. The House...

Robinhood Markets, Inc will allow its customers to withdraw and deposit cryptocurrencies such as Bitcoin (BTC) and the meme-themed Dogecoin (DOGE). What Happened: The broker said in a series of tweets that it is in the process of building deposits and withdrawals for all listed...

On Thursday, Congress is taking its first crack at sorting through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and high-flying stocks like GameStop Corp. (NYSE: GME). What Happened? The House Financial Services Committee...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk seemingly agreed Tuesday that Robinhood could be the owner of the world's largest Dogecoin (DOGE) wallet address. What Happened: Musk was responding to a comment on Twitter Inc’s (NASDAQ: TWTR) platform which explored the possibility of...

Robinhood CEO Vlad Tenev admitted his company could have done a better job explaining the restrictions it took amid the Reddit and GameStop Corp. (NYSE: GME) craze. What Happened: “No doubt we could have communicated this a little bit better to customers,” Tenev said...

Trading app Robinhood is facing legal hurdles ahead as it prepares for what could be one of the largest IPOs of 2021. What Happened: This week, the family of Robinhood user Alex Kearns, who committed suicide after racking up large losses on Robinhood, sued the company, stating that its...