Why Robinhood (HOOD) Shares Are Falling Today

Why Robinhood (HOOD) Shares Are Falling Today

Shares of financial services company Robinhood (NASDAQ:HOOD) fell 3.4% in the morning session after Cathie Wood’s ARK Invest disclosed that it sold a portion of its holdings in the company. According to daily trade disclosures, ARK Invest sold 109,824 shares of Robinhood, valued at approximately $11.46 million. The sales were spread across several of ARK’s…

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Elon Musk reacts to OpenAI’s ‘fake stock’ warning for investors: 'Your equity is…'

Elon Musk reacts to OpenAI’s ‘fake stock’ warning for investors: ‘Your equity is…’

Elon Musk has reacted to OpenAI’s “fake stock” warning for its investors. The tech billionaire who owns rival AI startup xAI has suggested that even the company’s authentic equity may be an illusion. This follows a rare public warning from OpenAI disavowing any involvement with crypto-like financial products claiming to offer a stake in its…

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Why Is Robinhood (HOOD) Stock Soaring Today

Why Robinhood (HOOD) Stock Is Down Today

Why Robinhood (HOOD) Stock Is Down Today Shares of financial services company Robinhood (NASDAQ:HOOD) fell 5.3% in the morning session after Wolfe Research analysts downgraded the stock’s rating from Buy to Hold, citing valuation concerns. The analysts added, “Since our June upgrade, key drivers underpinning our upside (bull) case have largely played out and are…

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Why Is Robinhood (HOOD) Stock Soaring Today

Why Is Robinhood (HOOD) Stock Soaring Today

Why Is Robinhood (HOOD) Stock Soaring Today Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 15.3% in the pre-market session after the company reported strong fourth quarter 2024 results, which blew past analysts’ revenue, EPS, and EBITDA expectations. Specifically, cryptocurrency trading revenues soared by 700%+ year-on-year while equities and options increased by 144% and 83%,…

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Dub: the copy trading app that has teens talking

Dub: the copy trading app that has teens talking

Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang — a Harvard drop-out who began…

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