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October 22, 2021

Robinhood Markets Inc

Affirm says crypto investing will soon be available to customers with savings accounts

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CNBC – For more and to sign up click here A shopper looks through clothes on her iPad device. Source: Twenty/20 Affirm, an online lender that helped popularize the “buy now, pay later” business model before moving deeper into banking, just became the latest fintech company to hop on the......

Coinbase dives deeper into banking by letting users deposit paychecks into their accounts

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CNBC – For more and to sign up click here Cryptocurrency exchange Coinbase is going deeper into traditional financial services, allowing users to deposit their paycheck directly into their online account. Coinbase said on Monday that U.S. users will be able to use the direct deposit service for any percentage......

Here’s what Robinhood executives allegedly said internally at the height of the GameStop short squeeze

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CNBC – For more and to sign up click here Vlad Tenev, CEO and Co-Founder of Robinhood, in his office on July 15, 2021 in Menlo Park, California. Kimberly White | Getty Images Entertainment | Getty Images Robinhood executives had a lot to talk about the week Reddit users were......

Stocks making the biggest moves premarket: Robinhood, Coinbase, Roku, Nike and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Robinhood (HOOD), Coinbase (COIN) — Shares of the retail trading app and cryptocurrency exchange fell in premarket trading after China signaled that it was intensifying its crackdown on crypto. The country’s......

Toast’s three co-founders are all billionaires after company’s IPO

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CNBC – For more and to sign up click here Toast IPO at the New York Stock Exchange, September 22, 2021. Source: NYSE Toast’s surge past $30 billion in market cap in its stock market debut on Wednesday turned all three of its co-founders into billionaires. Steve Fredette, Aman Narang......

Robinhood to launch cryptocurrency wallets as bitcoin becomes a bigger part of business

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CNBC – For more and to sign up click here Zoom In IconArrows pointing outwards Robinhood is debuting a feature that gives traders more control over digital tokens in its latest expansion in the cryptocurrency space. The newly public brokerage is testing “crypto wallets” with select clients next month, the......

Revolut, the $33 billion fintech player, is rolling out commission-free stock trading in the U.S.

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CNBC – For more and to sign up click here Revolut CEO Nikolay Storonsky speaks onstage at the TechCrunch Disrupt conference in San Francisco, California. Kimberly White | Getty Images Revolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the......

Robinhood faces a potential ban on its biggest source of money: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s Jordan Smith brings you the day’s top business news headlines. On today’s show, CNBC Digital reports on comments made by SEC chair Gary Gensler that threaten Robinhood’s biggest source of revenue. Plus, the United States ends its longest war......

Stocks making the biggest moves midday: Zoom, Virgin Galactic, Chico’s and more

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CNBC – For more and to sign up click here Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty......

Stocks making the biggest moves in the premarket: Zoom Video, Robinhood, Designer Brands and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the......

PayPal is exploring a stock-trading platform for U.S. customers

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CNBC – For more and to sign up click here A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been......

Robinhood tanks after SEC chair tells Barron’s that banning payment for order flow is a possibility

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CNBC – For more and to sign up click here Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Shares of Robinhood......

SEC steps up research into brokers’ ‘gamification’ of trades, Chair Gary Gensler says

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CNBC – For more and to sign up click here Former Commodity Futures Trading Commission Chairman Gary Gensler testifies at a U.S. Senate Banking Committee hearing on systemic risk and market oversight on Capitol Hill in Washington May 22, 2012. Jonathan Ernst | Reuters The Securities and Exchange Commission said......

GameStop surges 27% to lead meme stock rally in otherwise boring market

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CNBC – For more and to sign up click here Meme stock king GameStop rallied 27% on Tuesday as some retail investors came back in full force despite an otherwise quiet market. The video game retailer surged as much as 36.5% to $225 apiece in heavy trading volume. More than......

Stocks making the biggest moves premarket: Boeing, Coinbase, Pfizer, BioNTech and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1.2% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin......

Charles Schwab to give most employees 5% raise, pushes back return to office

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CNBC – For more and to sign up click here A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Brokerage Charles Schwab is giving most of its employees a special 5% pay raise as record stock......

Robinhood meme rally falters, as stock drops 10% to lowest price since shortly after IPO

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CNBC – For more and to sign up click here A person looking at a smartphone with the projected Robinhood price shares in Los Angeles, July 27, 2021. Chris Delmas | AFP | Getty Images Robinhood’s short run as a meme stock has crashed into Wall Street reality. Shares of......

Robinhood says dogecoin accounted for 62% of crypto revenue in Q2

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CNBC – For more and to sign up click here Commemorative dogecoins on display in Yichang, China on May 14, 2021. Barcroft Media | Barcroft Media | Getty Images Robinhood said crypto accounted for more than half of all transaction-based sales in the second quarter, and 62% of crypto revenue......

Stocks making the biggest moves after hours: Robinhood, Cisco, Nvidia & more

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CNBC – For more and to sign up click here People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt......

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