Fintech company Robinhood has officially launched its long-anticipated desktop trading platform, dubbed “Robinhood Legend,“ on Wednesday. It also announced incoming features for app users, including futures and index options trading.
Launched in 2013, Robinhood was credited for providing a wide range of users access to...
Financial services company Robinhood, which offers commission-free investing, shared better-than-expected earnings on Wednesday that sent its shares up more than 2% in extended trading.
Robinhood had a profit of $0.21 cents in the second quarter compared to estimates of $0.15. Its revenue came at $682...
Trading platform Robinhood expanded its venture into digital assets on Thursday, reaching a deal to acquire crypto exchange Bitstamp. The agreement is worth around $200 million in cash.
The acquisition comes in the wake of the Securities and Exchange Commission’s (SEC) intention to sue Robinhood....
Trading app Robinhood announced on Tuesday that it plans to repurchase as much as $1 billion of its shares as part of an upcoming stock repurchase program. As a result, the company’s shares jumped as much as 6% at one point during the after-hours...
Alphabet, the parent company of Google, parted ways with almost 90% of its stake in the trading app Robinhood, according to a recent filing with U.S. Securities and Exchange Commission (SEC). The tech giant also reduced its stakes in several other entities, including biotech...
Last week, people were interested to learn that Robinhood had laid off 23% of its staff. This news led folks to believe that the company, known for a popular app that helps aspiring stock traders, was going through a rough patch.
However, one analyst believes...
