Robinhood posts 44% slump in revenue, slashes headcount by 23%The company posted a net loss of $295 million. Stripping out the restructuring charges, Robinhood reported a loss of 32 cents per share ver...
03 Aug, 2022, 08.18 AM IST
Meme-stock probe finds Robinhood woes were worse than it let onRobinhood drew the ire of lawmakers on Capitol Hill last year after the surge in demand for meme stocks prompted the firm and some of its c...
25 Jun, 2022, 11.41 AM IST
Crypto exchange FTX CEO Samuel Bankman-Fried reveals stake in trading app RobinhoodBankman-Fried said in a regulatory filing he did not have any intention of taking control of Robinhood. The company's dual-class shares cur...
13 May, 2022, 08.22 AM IST
Robinhood app hit by data breach exposing users' emails, namesThe Robinhood data breach took place late on Nov. 3, with the hacker snatching about five million email addresses, along with names of abou...
09 Nov, 2021, 09.16 AM IST
Robinhood shares tumble after PayPal news, SEC scrutiny of key revenue streamShares of Robinhood extended an early decline after CNBC reported that PayPal was exploring ways to let U.S. customers trade individual sto...
31 Aug, 2021, 08.46 AM IST
Robinhood’s race to meet meme stock moment faces harsh realitySome of the very people who flocked to the firm’s free-trading app to buy meme stocks like GameStop Corp. and AMC Entertainment Holdings In...
30 Jul, 2021, 08.40 AM IST
Robinhood says US watchdogs probing staff meme stock trading, registrationThe newly disclosed inquiries from the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) ...
28 Jul, 2021, 01.29 PM IST
Robinhood adds 3 board members ahead of planned listingThe company named former Apple Inc executive Jon Rubinstein, PricewaterhouseCoopers partner Paula Loop and former World Bank president Robe...
01 Jun, 2021, 10.44 PM IST
Robinhood to allow users to buy into IPOs, ahead of its own listingThe online brokerage startup is rolling out in phases its investing platform, Robinhood IPO Access, for users of its trading app, a step in...
21 May, 2021, 01.21 PM IST
Robinhood to allow users to buy into IPOsLarge institutional investors and funds have traditionally been the first in line for allocations on IPOs, as well as the investment banks ...
20 May, 2021, 10.53 PM IST
Robinhood hits back at Buffett for retail trading comments"If the last year has taught us anything, it is that people are tired of the Warren Buffetts and Charlie Mungers of the world acting like t...
03 May, 2021, 08.32 PM IST
Robinhood seeks more bank credit ahead of planned IPORobinhood said last month that it had filed confidentially for what could be one of the most closely watched IPOs of the year.
08 Apr, 2021, 08.00 AM IST
Robinhood aims to allow users to buy into IPOs with its platformCurrently, Robinhood users and other amateur traders cannot buy into stock of a newly listed company until its shares start trading.
26 Mar, 2021, 07.20 AM IST
Robinhood to plan confidential IPO filing as soon as MarchThe company has held talks in the past week with underwriters about moving forward with a filing within weeks, said the people, who asked t...
27 Feb, 2021, 09.33 AM IST
Robinhood CEO defends high-frequency trading in latest blog postIn December, Robinhood agreed to pay $65 million to settle allegations that it did not properly inform customers that it sold their stock o...
10 Feb, 2021, 09.04 AM IST
Robinhood traders have a troubled track record of stock pickingPicking stocks is hard. Almost nobody has an edge, and it’s no mark of shame when a call fails to pan out.
07 Feb, 2021, 09.36 AM IST
GameStop shows rising power of retail traders, says Reddit co-founderRobinhood Markets Inc. and other online brokerages curbed trading in GameStop and AMC Entertainment Holdings Inc. on Thursday after users i...
29 Jan, 2021, 08.53 AM IST