The Latest Breaking News from Robinhood

Michael Hiltzik: Crypto tycoon Sam Bankman-Fried didn't lose a $16 billion fortune. His 'fortune' was never real

The Greek tragedy unfolding in the financial press over the last week is the story of Sam Bankman-Fried, the would-be cryptocurrency tycoon and political kingmaker whose multibillion-dollar empire has sunk like the Titanic after its encounter with the iceberg.

Los Angeles Times · Nov 15, 2022

It's the end of the boom times in tech, as layoffs keep mounting

Amazon will reportedly lay off 10,000 employees as soon as this week. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.

WEKU · Nov 14, 2022

Treading a familiar path to super-app status

Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.

Bangkok Post · Nov 11, 2022

How To Trade Robinhood Stock Heading Into Q3 Earnings

Robinhood Markets, Inc (NASDAQ: HOOD) was trading slightly lower Wednesday as the company heads into its third-quarter earnings print after the close.

Benzinga · Nov 2, 2022

Robinhood shifts emphasis to financial services arena

Robinhood, an application for an on-demand delivery service platform under SCB X, plans to apply for two financial business licences that are expected to generate core income over the long term.

Bangkok Post · Oct 16, 2022

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 · Oct 5, 2022

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 · Sep 19, 2022

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 · Sep 14, 2022

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 · Sep 12, 2022

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 · Sep 9, 2022