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Robinhood Lists Avalanche (AVAX) And Stellar (XLM) Crypto Tokens
Monday, August 8, 2022 - 11:33pm | 619Popular retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) has added support for two new crypto assets on its platform. What Happened: Robinhood-listed Avalanche (CRYPTO: AVAX) and Stellar (CRYPTO: XLM) on its trading platform, briefly sending both tokens...
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Robinhood CEO Says Crypto Additions Are Slow — But It Will 'Pay Off In Long-Term'
Thursday, August 4, 2022 - 6:22am | 594Robinhood Markets Inc's (NASDAQ: HOOD) slow approach to adding new cryptocurrencies will “pay off in the long-term," according to CEO Vlad Tenev. What Happened: Tenev, on a quarterly earnings call on Wednesday, said he is aware that Robinhood customers want the...
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Robinhood CEO Plays Down Merger Buzz With FTX, Charles Schwab: 'I Love Us As A Standalone Company'
Thursday, August 4, 2022 - 12:04am | 471Robinhood Markets, Inc (NASDAQ: HOOD) CEO Vlad Tenev says he loves the trading platform as a “standalone” company. What Happened: Tenev made his comments on a second-quarter earnings call on Wednesday. He was asked if there was any word on being acquired...
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Robinhood Q2 Transaction Revenues Had A Silver Lining: Cryptocurrencies
Wednesday, August 3, 2022 - 5:07am | 403Robinhood Markets, Inc (NASDAQ: HOOD) saw its second-quarter revenue fall 44% on a year-over-year basis but transaction-based cryptocurrency revenue saw a growth. What Happened: Robinhood, a trading platform popular with retail investors, said in its Q2 earnings release that its transaction-based...
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Robinhood To Cut 23% Of Staff In Second Round Of Layoffs This Year
Tuesday, August 2, 2022 - 5:35pm | 489Robinhood Markets Inc. (NASDAQ: HOOD) CEO Vlad Tenev announced Tuesday in a press release the company is “reducing our headcount by approximately 23%.” Employees from throughout the company will be affected, with the changes “particularly concentrated in our operations,...
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Robinhood Is Diving Into Web3 And An NFT Platform Is Coming: Here Are The Details
Tuesday, May 17, 2022 - 3:41pm | 573Stock and crypto trading platform Robinhood Markets (NASDAQ: HOOD) said Tuesday it will venture into the world of Web3 with new wallet features and a launch of non-fungible token trading. What Happened: Robinhood announced the introduction of non-custodial, web3 wallets. The new wallets...
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Robinhood Shares Surge On Investment From FTX Founder Sam Bankman-Fried
Thursday, May 12, 2022 - 4:57pm | 563Robinhood Markets (NASDAQ: HOOD) shares are jumping higher in after-hours trading Thursday. What Happened: A new 13D filing from Robinhood shows that Emergent Fidelity Technologies and Sam Bankman-Fried own 56,273,469 shares of Robinhood. The position represents a 7.6% ownership stake in the...
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As Robinhood Stock Plummets, Here's How Much CEO Vlad Tenev Took Home In 2021
Tuesday, May 3, 2022 - 8:56am | 547Robinhood Markets, Inc. (NASDAQ: HOOD) reported disappointing quarterly results last week, sending its beaten-down stock further down. Even as the stock languishes at depressed levels, its C-suite has pocketed handsome pay packages in the past year. What Happened: Robinhood chief...
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What To Watch For Robinhood Stock Post-Earnings: Will The Apes Ever Forgive?
Friday, April 29, 2022 - 10:14am | 658Robinhood Markets Inc (NASDAQ: HOOD) rallied more than 6% into its first-quarter earnings print but the trading platform’s results caused the stock to plummet to a new all-time low of $8.77 at 5:45 p.m. in after-hours trading on Thursday. Robinhood reported a massive miss, printing...
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Robinhood Q1 Earnings Highlights: EPS And Revenue Miss, Monthly Active Users Fall, Company Remains Optimistic Of New Features
Thursday, April 28, 2022 - 5:14pm | 466Robinhood Markets (NASDAQ: HOOD) reported first-quarter financial results after market close Thursday. Here are the key highlights for investors. What Happened: Robinhood reported first-quarter revenue of $299 million, down 43% year-over-year. The total missed a consensus estimate of $355.8 million...
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Robinhood To Cut 9% Of Workforce: What You Should Know
Tuesday, April 26, 2022 - 11:10pm | 328Popular retail brokerage app Robinhood Markets Inc (NASDAQ: HOOD) plans to let go of 9% of its full-time employees. What Happened: In an announcement on Tuesday, Robinhood CEO Vlad Tenev explained the rationale behind the decision to reduce its employee count. “We grew net funded accounts...
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Robinhood To Acquire Ziglu In Move To Expand Brand Overseas
Tuesday, April 19, 2022 - 4:46pm | 345Robinhood Markets Inc (NASDAQ: HOOD) announced its intent to acquire Ziglu, a UK-based electronic money institution, and crypto-asset firm. Context: The development comes as the California-based company looks to fuel positive trends in saving and investing. After its 2013 start as a bare-bones...
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Elon Musk Celebrates Dogecoin-Themed Easter But The Meme Coin Is Still Plunging Hard
Monday, April 18, 2022 - 5:29am | 708Dogecoin (CRYPTO: DOGE) traded 5.8% lower over 24 hours at $0.135 at press time early on Monday, declining with other major coins like Bitcoin and Ethereum as the global cryptocurrency market cap fell 3.9% to $1.8 trillion. This came even as Tesla Inc (NASDAQ: TSLA) CEO Elon Musk ...
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'U Thirsty?' Jack Dorsey Responds To Robinhood CEO's Proposal For Dogecoin
Sunday, April 17, 2022 - 11:52pm | 477Block Inc (NASDAQ: SQ) CEO Jack Dorsey responded to a Twitter thread by Robinhood Markets Inc (NASDAQ: HOOD) CEO Vlad Tenev on how Dogecoin (CRYPTO: DOGE) could become the future currency of the internet. What Happened: In a series of tweets, Tenev outlined what he believed would be the best path...
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Robinhood CEO Details How Dogecoin Can Be The Future Currency Of The Internet, Elon Musk Weighs In
Friday, April 15, 2022 - 8:29am | 572Robinhood Markets Inc (NASDAQ: HOOD) CEO Vlad Tenev reflected on what it would take for Dogecoin (CRYPTO: DOGE) to become “the future currency of the Internet.” What Happened: In a series of tweets on Thursday, Tenev laid out his views on how DOGE could become the internet’s go-to...