(Reuters) – Robinhood (HOOD) shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets. Retail trading rebounded significantly in 2024 as Bitcoin and U.S. stocks hit all-time highs,…
By Suzanne McGee and Niket Nishant (Reuters) – The Texas Stock Exchange (TXSE) is eyeing a 2026 launch after submitting paperwork to operate as a national securities exchange, its parent company said on Friday. The company hopes the U.S. Securities & Exchange Commission will approve the application before the end of the year as it…
By Manya Saini and Niket Nishant (Reuters) – Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages. The 11-year-old commission-free trading app, which became synonymous with mom-and-pop investors in 2021, is now…
US stock futures held steady on Tuesday after clinching record highs, as investors looked to a second wave of earnings from big Wall Street banks and oil prices fell amid ebbing concerns about Israeli retaliation. Dow Jones Industrial Average futures (YM=F) were little changed on the heels of closing above 43,000 for the first time….