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The Latest Breaking News from Robinhood

SCB X rejig targets regional fintech status

SCB X, the holding company of Siam Commercial Bank (SCB) Group, has set a five-year business direction ending in 2026 to pave the way for it to become a regional financial technology company and generate income from new sources.

Bangkok Post

Food delivery company Robinhood to launch ride-hailing services this year

Robinhood, the food delivery company backed by Siam Commercial Bank, will introduce car-hailing services by the end of this year as it moves to become a "superapp".

Bangkok Post

3 Stocks Taking Big Hits From Recent Layoffs

With stubbornly high inflation, rising interest rates, and growing fears of a recession, several businesses have been slashing headcount remarkably to reduce costs and stay afloat. In addition to their weak fundamentals and dim growth prospects, the announcements of layoffs have also impacted the performance of Shopify (SHOP), Coinbase (COIN),…

StockNews.com

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1 Stock You Should Consider Leaving Behind

Online brokerage Robinhood Markets (HOOD), which made commission-free trades popular, had a stellar run post its listing last year. However, the company soon ran out of steam as its growth slowed, and losses rose with a decline in users. Given its weak financials and unfavorable analyst estimates, it could be…

StockNews.com

S&P 500 Snaps 3-Week Losing Streak As Investors Digest Powell's Latest Inflation Comments

The SPDR S&P 500 ETF Trust (NYSE: SPY) broke a three-week losing streak this week as the latest commentary from Federal Reserve Chair Jerome Powell suggests the Fed will continue to aggressively combat inflation.

Benzinga

Robinhood Launches Index Of Highest-Conviction Stocks: Here Are The Top 10 Holdings

Robinhood Markets Inc (NASDAQ: HOOD) has launched a new stock market index that reflects its customers' top 100 stock holdings.

Benzinga

Thailand Post to help deliver food in capital

State enterprise Thailand Post has joined hands with food delivery platform Robinhood, utilising postal workers to assist the Thailand-based app in delivering food from eateries in Bangkok's inner-city areas during rush hours.

Bangkok Post

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Who Are the Best Small Online Brokers?

Small online brokers like Robinhood have shaken up the market for the bigger players. How do they actually stack up?

Kiplinger

Bears Lick Their Chops Over Robinhood's Stock, Here's Where The Bulls Could Step In

Robinhood Markets, Inc (NASDAQ: HOOD) was trading flat on Wednesday after spiking up about 5% over the course of Monday and Tuesday.

Benzinga

Tech companies chop hundreds of Bay Area jobs as layoffs mount

OAKLAND, California — Tech company layoffs are poised to eliminate hundreds of jobs in the Bay Area, an ominous new round of layoffs that might jolt the region’s primary economic engine.

Tribune News Service

Co-payment spurs online food delivery

The new phase of the "Khon La Khrueng" co-payment scheme, scheduled to start next month, is expected to spark fresh competition in online food delivery services with leading market players Grab, Line Man Wongnai and Foodpanda rolling out campaigns to reduce their commission fee, known as gross profit (GP), throughout…

Bangkok Post

Winning bets? Meme stock frenzy of 2021 makes a return

Share prices soar for troubled retailers including Bed Bath & Beyond and AMC – but this time dueling hedge funds are playing a part

The Guardian - US

Williams-Sonoma, Beyond Meat And 2 Other Big Stocks Insiders Are Selling

U.S. stock futures traded higher this morning on Thursday ahead of the PPI data for July. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Could Robinhood Stock Soar 30% From Here? A Look At The Chart

Robinhood Markets, Inc (NASDAQ: HOOD) was trading about 2% higher on Wednesday in tandem with Coinbase Global, Inc (NASDAQ: COIN), which received a positive reaction to its

Benzinga

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StockNews.com

1 Robinhood Stock to Buy, 1 to Hold and 1 to Sell

Famous brokerage firm Robinhood (HOOD) attracts traders by offering commission-free trading services. Its trading app created massive buzz on Wall Street during the height of the pandemic, and stocks traded on this platform are considered popular. However, not all stocks traded on the Robinhood platform possess fundamental strength. So, while…

Benzinga

Benzinga Before The Bell: Tesla's China Sales Plunge, Snap Rolls Out Parental Control Features, White House Unaware of Raid On Trump's Mar-a-Lago And Other Top Financial Stories Tuesday, August 9

CNBC

Benzinga

Robinhood, Procter & Gamble And 3 Other Big Stocks Insiders Are Selling

U.S. crude oil futures traded mostly lower this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Newsroom.co.nz

Markets charge higher despite the prospect of further rate hikes

The NZX50 records its first weekly ‘three-peat’ in a year, notching up a third consecutive week of gains to close at a 3-month high

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Benzinga

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.

Evening Standard

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

Benzinga

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

Tribune News Service

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.

Benzinga

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

Evening Standard

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

The Guardian - US

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

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