Robinhood CEO: We're relentlessly focused on the long-term

(CNN Business)Robinhood said Monday it was hit by a data breach earlier this month that exposed information on millions of customers and that hackers later demanded an extortion payment. The trading platform said in a statement that the November 3 attack allowed the unauthorized party to obtain a list of email addresses for about 5 […]

Earnings Previews: Robinhood, Twitter, Visa

Only 14 companies in our watch list reported earnings before markets opened Monday. But the week ahead promises to be a busy one, with more than 900 firms reporting results. This week gets off to a big start with these reports due after markets close Monday or before they open Tuesday morning: Facebook, GE, Lockheed […]

Who Loves Robinhood and Who Doesn’t: The Reviews Are In

Robinhood Markets Inc. (NASDAQ: HOOD) isn’t the only stock exiting its quiet period Monday, but it may be the most closely watched. Before markets opened, at least 10 brokerages had issued initial ratings for the investment app maker, joining three others that had already staked out positions. A quick review of the share price action […]

Robinhood IPO gives founders Tenev, Bhatt a net worth of $4.6B combined

Grilling company outpaces Robinhood IPO on opening day Traeger CEO Jeremy Andrus on the grilling brand’s goals and how to attract new BBQ consumers. Robinhood Markets Inc.'s initial public offering might have disappointed some, but it handed co-founders Vlad Tenev and Baiju Bhatt a combined $4.6 billion net worth between them. The firm's stock started […]

Robinhood cans the confetti after critics label it as baiting

Robinhood weighing tweaks to business model as it plans for possible public offering: Gasparino Sources tell FOX Business’ Charlie Gasparino that Robinhood is looking at changes that emphasize how the platform can be used for long-term investing. NEW YORK (AP) – The bursts of confetti that shower screens of Robinhood investors when they make their first […]

Dogecoin's $2 billion 'whale' might be Robinhood, according to Redditors

A detailed post on r/dogecoin this week points to Robinhood as the “whale” holding 28% of the cryptocurrency in circulation. The timing of Robinhood offering Dogecoin trading to its users in July 2018 aligns with the creation of the initial digital wallet used for storage of the coins. “It almost certainly belongs to Robinhood,” Tom […]

Robinhood CEO testimony: 'Any allegation' company 'helped' hedge funds 'is absolutely false'

Robinhood CEO will have to explain how restricting trade will be prevented in the future: Rep. David Kustoff Rep. David Kustoff, R- Tenn., provides insight into the GameStop hearing and increasing the minimum wage. Robinhood CEO Vladimir Tenev said in prepared testimony that "any allegation" that his trading app sought to help hedge funds by limiting trades on […]

Irate Robinhood traders reportedly fling poop, damage statue at headquarters

More On: Robinhood Parents sue Robinhood after son commits suicide believing he owed $730K New Robinhood regulations would stiff ‘little guy’ GameStop, AMC shares climb after Robinhood lifts trading restrictions Robinhood lifts trading restrictions on all stocks, including GameStop Some Robinhood customers think the investing app is full of crap — and they’re not afraid […]