Cathie Wood’s ARK bags 1.1M Robinhood shares in one day
Cathie Wood’s ARK Invest has continued accumulating Robinhood shares while dumping Grayscale Bitcoin Trust shares. Go to Source
Robinhood
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Robinhood eyes European expansion amid Q3 revenue drop
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform. Go to Source
Robinhood bought back Sam Bankman-Fried’s stake from US govt for $606M
The purchase of the 55 million Robinhood shares had been expected following approval from the company’s board and a U.S. district court. Go to Source
Robinhood accumulated $3B in Bitcoin in 3 months — What does this mean for markets?
Robinhood’s Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks. Go to Source
Robinhood turns profitable in Q2, but crypto revenue declines
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline. Go to Source Powered by WPeMatico
Crypto-friendly Robinhood inches to UK with local CEO appointment
Robinhood has been planning expansion into the United Kingdom since 2019 but the project has faced multiple delays. Go to Source Powered by WPeMatico
Ark Invest sells more Coinbase shares, eyes Meta platforms, Robinhood
Cathie Wood, the Bitcoin advocate, is actively investing in Meta Platforms (META) and Robinhood Markets (HOOD) shares. Go to Source Powered by WPeMatico
Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
Roughly 150 full-time employees are being laid off, according to internal company messages. Go to Source Powered by WPeMatico
Robinhood buys credit card fintech X1 for $95M
In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms. Go to Source Powered by WPeMatico
What is Robinhood, and how does it work
Robinhood’s innovative trading model has opened new opportunities for beginner investors and traders. Here’s what it is and how it works. Go to Source Powered by WPeMatico
