Robinhood’s CEO has said that Mark Zuckerberg and Elon Musk helped him when the trading platform faced backlash after the GameStop frenzy. Robinhood was one of the main platforms investors from Reddit forum Wall Street Bets used to fuel a short squeeze on GameStop in January 2021. But the platform suspended buying of the stock…
Robinhood is making a big statement to the financial services community. The trading platform said Monday it has launched US stock and ETF tokens in the European Union at an event in Cannes, France. European Robinhood customers will have access to more than 200 US stock and ETF tokens. Stock token holders will also receive…
The FCA has published findings from its trading apps review, including links between the use of specific features and trading outcomes for retail clients, in a new research paper. Following this announcement, the findings show a growing number of retail customers who currently access financial products and services through the use of desktop and mobile…
(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,…