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The Latest Breaking News from Robinhood

SCB X says virtual bank will meet BoT's requirements

SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.

Bakkt delists Solana, Polygon, and Cardano, citing lack of regulatory clarity

Bakkt delists Solana, Polygon, and Cardano, citing lack of regulatory clarity

The SEC crackdown against unregistered securities is making crypto providers rethink their offerings.

eToro to delist 4 cryptocurrencies named as securities in SEC lawsuits

eToro to delist 4 cryptocurrencies named as securities in SEC lawsuits

The platform did not delist several other tokens named in the lawsuits last week.

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Solano, Cardano and Polygon plunge nearly 30% as big firms dump holdings after SEC allegations

A massive sell-off on Friday appears tied to the likes of Jump Capital and Cumberland dumping their holdings.

Robinhood to delist tokens for Solana, Cardano, and Polygon after SEC suits name them as securities

SOL, ADA, and MATIC comprised a list of 13 cryptocurrencies the SEC said were securities.

Gensler rejects idea that Coinbase and Robinhood couldn't comply with SEC: 'They know how to register'

The SEC chair has often asked publicly for crypto companies to come in and register. They said they've tried and been rejected.

Is SNDL Inc. (SNDL) Overbought?

Canadian cannabis company SNDL Inc. (SNDL) enjoys major investor attention and belongs to the Robinhood top 100 stocks list. However, should investors consider buying this stock now? Read more….

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Letter from the Senior Digital Editor: Introducing Alexandra

Letter from the Senior Digital Editor: Introducing Alexandra

An introductory letter from Kiplinger senior digital editor Alexandra Svokos.

Brew Another Pot, Robinhood’s 24-Hour Stock Trading Is Here

As the company launches a new nighttime buying and selling feature, one Reddit poster asks: “Why would anyone want this?”

Robinhood’s crypto revenue nearly matches last quarter’s, with plan to buy back $500 million in stock from Sam Bankman-Fried ‘ongoing’

Robinhood’s crypto revenue nearly matches last quarter’s, with plan to buy back $500 million in stock from Sam Bankman-Fried ‘ongoing’

Year-over-year crypto revenue fell 30%, but a 1% decline from the fourth quarter could be a good omen.

3 Robinhood Stocks to Buy Now

3 Robinhood Stocks to Buy Now

Leading brokerage platform, Robinhood offers a commission-free, streamlined, and easy-to-navigate trading experience and is highly famous among tech-savvy and beginner investors. While not all stocks traded on this platform possess sound fundamentals, popular Robinhood stocks Alphabet (GOOGL), Visa (V), and Walmart (WMT) could deliver solid returns in the long run.…

Robinhood to let customers buy crypto using outside wallets and apps: ‘Our conviction in the future of Web3 remains strong’

Robinhood to let customers buy crypto using outside wallets and apps: ‘Our conviction in the future of Web3 remains strong’

The online brokerage also announced a series of upgrades to its existing crypto services.

2 Robinhood Stocks to Buy and Hold Forever

2 Robinhood Stocks to Buy and Hold Forever

Popular brokerage company Robinhood (HOOD) attracts millennials and Generation Z traders by offering zero-commission financial services. While not all stocks traded on this platform possess fundamental strength, investors could consider buying fundamentally sound Robinhood stocks Visa (V) and Pfizer (PFE) and holding them for the long term. Keep reading….

Omega, Robinhood kitchen appliance brands to close

Omega, Robinhood kitchen appliance brands to close

Shriro Holdings, which sold imported ovens, cooktops, dishwashers under the Omega brand since 1981, is closing the loss-making business in Australia.

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3 Stocks You Should Sell Now

After the blow of several bank failures in recent weeks, investors are now eyeing the Fed’s policy decision, scheduled to release today. Given fears of an economic downturn, eliminating fundamentally weak stocks Lucid Group (LCID), Robinhood Markets (HOOD), and SNDL Inc. (SNDL) from your watchlist could be wise before the…

Hacker who ran BreachForums could face 20 years in prison

The alleged administrator of leading online hacking community BreachForums has been arrested following a US police operation last week. Conor Brian Fitzpatrick, who goes by the online moniker of ‘Pompompurin’, was arrested and charged with conspiracy to commit access device fraud, according to court documents filed in the US. SEE…

4 Robinhood Stocks to Buy Right Now

Zero-commission trading platform Robinhood is highly attractive to Gen Z and millennial investors. Therefore, stocks traded on the Robinhood platform are considered popular and trending. While all Robinhood stocks are not fundamentally sound, Taiwan Semiconductor Manufacturing (TSM), Pfizer (PFE), General Motors (GM), and Nokia (NOK) hold the potential to deliver…

Robinhood and Coinbase shares end February on down note

Robinhood and Coinbase ended the month down 6.6% and 1.3%, respectively.

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Robinhood received SEC subpoena shortly after FTX collapsed

The subpoena is another potential threat to Robinhood's struggling crypto business.

Software Stocks for 2023: 1 to Buy and 2 to Avoid

Innovation in the software industry will likely continue bringing waves of investments. However, global economic instability is expected to compound near-term challenges for the software industry. While we think Salesforce (CRM) might be worth buying, fundamentally weak software stocks Robinhood Markets (HOOD) and Matterport (MTTR) could be best avoided. Keep…

3 Sorry Stocks to Sell Now Before It Gets Too Late

Rising borrowing costs could cause an economic downturn and induce more volatility in the stock market. Hence, it could be wise to avoid fundamentally weak stocks Snap (SNAP), Robinhood Markets (HOOD), and Peloton Interactive (PTON) before it gets too late. Read more….

A glitch in Robinhood's system let users place bets that cost the company $57 million in one day

Robinhood users were briefly able to sell more shares than they owned in a healthcare company, causing the trading app to lose $57 million in December.

Robinhood to buy back Sam Bankman-Fried's stake in brokerage

The decision follows a months-long fight over who owns the 7.6% stake in Robinhood after FTX declared bankruptcy.

Alphabet spent $2 billion on layoffs. Here’s how much job cuts cost Meta, Amazon, and 7 other companies

Companies conduct layoffs to cut costs, but they end up being a pricey approach.

Robinhood’s crypto business continues to decline during Crypto Winter as customers steer clear of trading

The drop came amid a major retrenchment in the crypto industry.

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