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The Latest Breaking News from Robinhood

Bulls And Bears Of The Week: Apple, Amazon, Bitcoin, And Why Kevin O'Leary Dumped His Coinbase, Robinhood Shares

Benzinga has examined the prospects for many investors' favorite stocks over the past week, here's a look at some of the top stories from this week.

Benzinga

Employee share schemes reach record high despite downbeat retail investor mood

Firms are turning to the tax-advantaged schemes to incentivise employees as an alternative to pay rises

Evening Standard

Benzinga Before The Bell: Robinhood Denies Merger Buzz, Alibaba's Q1 Cloud Growth, Oil Price Rebound And Other Top Financial Stories Thursday, August 4

Reuters Airbus Cancels A350 Aircraft Contract With Qatar Airways

Benzinga

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Robinhood's new round of layoffs leads to closing of Charlotte office amid company restructuring

CHARLOTTE, N.C. — Stock trading app company Robinhood confirmed Wednesday it is closing its Charlotte office amid a new round of companywide layoffs.

Tribune News Service

Stock Market Climbs As Services Sector Jumps; PayPal And Moderna Lead On Earnings

Stock market climbs as services sector data beats forecasts. PayPal and Moderna lead the way on strong earnings reports.

Investors Business Daily

Nasdaq Leads As Stock Market Climbs; PayPal, Robinhood, Ping Among Major Movers

The Nasdaq composite leapt 1.5% though it continues to face sellers at the 12,500 level this week.

Investors Business Daily

Benzinga Before The Bell: Robinhood's Cryptocurrency Growth, Moderna's Q2 Earnings, PayPal's New CFO And Other Top Financial Stories Wednesday, August 3

CNBC Celsius Is Looking To Rehire Its CFO Rod Bolger

Benzinga

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Stocks Waver, Pelosi and Taiwan, OPEC+, Robinhood, Starbucks - Five Things To Know

Stock waver as Pelosi pledges to stand by Taiwan; oil falls as OPEC+ decides on fall output; Robinhood slashes more full-time jobs; Starbucks posts earnings beat; Airbnb falls on cloudy outlook

The Street

Robinhood sacks nearly one in four staff as retail investors leave the app

The firm’s app has seen an almost 2 million drop in regular users

Evening Standard

Trading platform Robinhood lays off nearly a quarter of staff as crypto drops

The news comes on the heels of a dire revenue report, with company shares taking a 3% tumble in extended trading

The Guardian - US

Stock trading platform Robinhood axes staff

San Francisco (AFP) - Robinhood on Tuesday said it is laying off nearly a quarter of its employees as inflation and a crypto market crash cripple activity on the stock trading platform.

AFP

Robinhood cuts nearly a quarter of its staff as the pandemic darling loses its shine

Robinhood – the company that became a household name during the pandemic – is cutting staff, citing a deteriorating economy and worsening market.

WEKU

A Really Bad Day Just Got Worse at This Silicon Valley Company

How do you top a multi-million dollar fine? Hundreds of employees at the company just found out.

The Street

Robinhood To Cut 23% Of Staff In Second Round Of Layoffs This Year

Robinhood Markets Inc. (NASDAQ: HOOD) CEO Vlad Tenev announced Tuesday in a press release the company is “reducing our headcount by approximately 23%.”

Benzinga

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The Street

Robinhood Faces More Woes and $30 Million Fine

The brokerage was fined $30 million by New York's Department of Financial Services.

Benzinga

Dogecoin Daily: Weekend Rally Cools Off, Co-Founder Reacts To Crypto 'Price Experts,' Robinhood CEO Gives Update

Dogecoin (CRYPTO: DOGE) traded 2.4% lower at $0.07 over 24 hours leading up to early Monday morning DOGE traded lower along with other major coins as the global cryptocurrency market cap fell 1.7% to $1.08 trillion at press time.

The Street

Robinhood Has a New and Powerful Rival

The struggling Gen Z trading platform Robinhood now faces a formidable opponent. And the companies have a shareholder in common.

Benzinga

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

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Benzinga

Benzinga Before The Bell: Snap's Dismal Earnings, Amazon's Healthcare Foray, Robinhood Moves 41B Dogecoin Into Single Wallet And Other Top Financial Stories Friday, July 22

Reuters

Benzinga

Robinhood And 3 Other Stocks Insiders Are Selling

US crude oil futures traded higher this morning on Wednesday after dropping sharply in the previous session. Investors, meanwhile, focused on some notable insider trades.

The Street

Crypto Crash Exposes Robinhood and Coinbase To Predators

A year can be a lifetime in the cryptocurrency world as major players are reeling from heavy losses.

The Street

Crypto Warning From Within: Billionaire Says More Bad News Ahead

The crypto industry is currently undergoing a truth test that will determine which projects are viable

WEKU

Job cuts are rolling in. Here's who is feeling the most pain so far

Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.

Benzinga

Chainlink (LINK) Breaks This 5-Year Record After Robinhood Listing

Blockchain oracle solution Chainlink (CRYPTO: LINK) saw a massive uptick in on-chain activity after being listed on Robinhood Markets Inc (NASDAQ: HOOD).

Benzinga

$100 Invested In Robinhood Right Now Would Be Worth This Much If It Hits Same Level As At Height Of Dogecoin Mania

Robinhood Markets, Inc. (NASDAQ: HOOD) rallied strongly on Monday amid rumors that cryptocurrency exchange FTX could be eyeing acquiring the trading app.

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