With the pandemic starting to ease in the United States, many had expected a year of wild investments to slow. It hasn’t. Yet.
Tag Archives: Robinhood Financial LLC
Who Wins in a Meme Stock World?
Jannick Malling, Public’s co-C.E.O., weighs the risks and rewards of the retail trading boom.
S.E.C. Chair Gensler Emphasizes Transparency in Markets
In a hearing focused on the frenzied trading of GameStop stock, the new S.E.C. chairman suggests more disclosure is needed.
The Start-Up Enemies of Wall Street Are Booming
Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment.
Payments Start-Up Stripe Surges to $95 Billion Valuation
The company has benefited in the pandemic as people turn to online shopping. It is now the most valuable start-up in the U.S.
From Crypto Art to Trading Cards, Investment Manias Abound
Each market frenzy seems crazier than the last. But all have the same roots.
The Boredom Economy
The pandemic is terrible. It can also be tedious. And that tedium is shaping what people buy and how productive they are.
In GameStop Saga, Robinhood Is Cast as the Villain
Lawmakers at a congressional hearing kept coming back to the chief of the stock-trading app with pointed questions and a key argument: “Something very wrong happened here.”
Citigroup’s $900 Million Defeat
Citi committed “one of the biggest blunders in banking history,” a federal judge says.
Reddit’s ‘Roaring Kitty’ Will Speak at GameStop Hearing
The trader who pumped up the stock on the internet will appear next week with the leaders of the Robinhood app and hedge funds that lost big during the frenzy.
Robinhood’s C.E.O., Vlad Tenev, Is in the Hot Seat
Vlad Tenev has incited the fury of the trading app’s fans amid a stock market frenzy. His lack of preparedness on nuts-and-bolts issues was part of a pattern, former employees and analysts said.
Here’s Six Ideas to Fix the Market
Six ideas for making the markets more fair and trustworthy.
Why Tackling Gamestop’s Wild Stock Rise Will be a Challenge for Gensler
There is broad agreement that the capital markets have been distorted but less consensus on what, if anything, the S.E.C. should do about it.
Gensler Faces Big Challenge in Tackling GameStop’s Wild Ride
There is broad agreement that the capital markets have been distorted but less consensus on what, if anything, the S.E.C. should do about it.
Lawmakers Look at GameStop Furor and See a Populist Issue to Seize
Ted Cruz. Alexandria Ocasio-Cortez. The rush by both parties to side with young traders disrupting the markets reflects the broad recognition of the impulses driving American politics.
You Made Money on GameStop. Here’s What You Need to Know About Taxes.
Some investors may have notched tens of thousands of dollars in profits. Depending on when they sell the stock, they may owe hefty capital gains taxes.
The Silicon Valley Start-Up That Caused Wall Street Chaos
Robinhood pitched itself to investors as the antithesis of Wall Street. It didn’t say that it also entirely relies on Wall Street. This past week, the two realities collided.
The Stock Traders of Reddit and TikTok
They are young, they are fearless and they are forcing everyone to pay attention.
Robinhood Faces a Cash Drain and Angry Customers
The online broker raised $1 billion to prop itself up. Overcoming customer anger may be harder.
The ‘Roaring Kitty’ Rally: How a Reddit User and His Friends Roiled the Markets
A Massachusetts man who goes by “Roaring Kitty” on social media helped fuel the frenzy around GameStop. His $53,000 investment in the company briefly reached $48 million in value.
Robinhood, in Need of Cash, Raises $1 Billion From Its Investors
The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop.
GameStop Rally Stalls as Robinhood and Others Set Limits
Small investors accused one trading platform of being “dishonest” and “pandering to the elite” as new restrictions on some stock trades spurred a calmer day in the markets.
The GameStop Reckoning Was a Long Time Coming
This week, gleeful online hordes turned the stock market upside down. This shouldn’t come as a surprise.
Market Edges Toward Euphoria, Despite Pandemic’s Toll
Investors of all stripes piled into stocks this year, creating levels of froth reminiscent of the dot-com boom. Analysts say there’s room to go higher, but some worry about a bubble.
Robinhood’s 2020 Recaps Are a Meme for a Volatile Year
And you thought your Spotify Wrapped was a bummer.
Robinhood Settles S.E.C. Charges Over Misleading Customers
Millions of investors have turned to Robinhood in recent years, lured by a sales pitch of no trading fees. The charges announced on Thursday apply to Robinhood’s disclosures from 2015 to late 2018, the regulator said.
Teen Stock Trading Seems Dangerous. It Doesn’t Have to Be.
Gunslinging young investors are making stock ownership seem like a terrible idea for novices. But owning equities, with limits and guardrails, can teach kids plenty.
Rethink Impact’s Latest V.C. Fund Beats Expectations
Rethink Impact invests solely in tech start-ups founded by women, which accounted for just 4 percent of all venture deals in the first quarter.
Robinhood Has Lured Young Traders, Sometimes With Devastating Results
Its users buy and sell the riskiest financial products and do so more frequently than customers at other retail brokerage firms, but their inexperience can lead to staggering losses.
A Suicide, an App and a Time for a Reckoning
Companies like the stock-trading app Robinhood can seem not just careless but also predatory.
Trading Sportsbooks for Brokerages, Bored Bettors Wager on Stocks
When Russian table tennis or Korean baseball won’t scratch the itch, some are trying their hand at trading equities. It’s enough to move the market, analysts say.