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The Latest Breaking News from Robinhood

3 Software Stocks to Sell Right Now and 1 to Buy

Despite being well-positioned for long-term growth, the application software industry has near-term headwinds to deal with. Hence, avoiding fundamentally weak stocks Robinhood (HOOD), Monday.com (MNDY), and Matterport (MTTR) could be wise, while fundamentally strong software stock Progress Software (PRGS) could be a great buy right now. Continue reading….

StockNews.com

The Best Software Stock to Buy in November and the Worst

With inflation showing signs of cooling, the Fed is expected to slow down its rate hike aggression in the coming months. This might bode well for the tech and software industry. Moreover, amid rapid digitization, the growth prospects of the software industry should remain solid. Thus, quality software stock Commvault…

StockNews.com

Timeline of Cryptocurrency Exchange FTX's Epic Collapse

The FTX cryptocurrency exchange was valued at $32 billion in February. It imploded within days, causing one of the biggest financial fiascos of the decade.

The Street

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Sorry, not sorry: the dark art that lies beneath corporate tech wrecks

When CEOs and politicians say ‘I’m responsible’ for stuff-ups, they don’t actually mean they’re sorry. Sorry is for the suckers they’ve crushed.

Crikey

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

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

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

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3 Stocks You Need to Sell Pronto

Despite the latest inflation data showing a marginal slowdown, inflation is still hovering around an uncomfortably high level, and an end to Fed’s hawkish stance is nowhere in sight. With businesses being increasingly hurt by slowing down demand and rising borrowing costs, it could be wise to get rid of…

StockNews.com

Robinhood Bounces Back Unaffected By Its Savior's Setbacks

FTX's stake in Robinhood will not impact the brokerage's future outlook.

The Street

Crypto Crisis: Binance Abandons Cash-Strapped FTX

The world' largest cryptocurrency platform says its rival's problem is bigger than it thought.

The Street

Trading Bitcoin, Ethereum as Cryptos Swoon Over Binance-FTX Drama

Bitcoin, ethereum and other cryptocurrencies are down hard amid the Binance-FTX drama. Here are the levels to know now.

The Street

Crypto's White Knight Needs A White Knight: Could The FTX/CZ Drama Be Sam Bankman-Fried's Fall From Grace?

FTX co-founder Sam Bankman-Fried was riding high for several years with his company rapidly growing market share in the cryptocurrency space. The increase in valuation for FTX helped Bankman-Fried’s wealth increase and also led to partnerships and deals with sports teams and athletes around the world.

Benzinga

Cathie Wood Watch: Ark Buys Crypto Stock Amid Volatility

Wood has said throughout 2022 that the slide of young technology stocks has made them attractive to buy.

The Street

The King of Cryptocurrency Finds Himself Without a Throne

Former trader Sam Bankman-Fried, 30, was still on top of the crypto world on Nov. 8 until 11:02 a.m. ET.

The Street

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The Street

Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day

The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.

The Street

Robinhood Collapses Following Difficulties of Savior

Shares of Robinhood, the brokerage, plummeted by 15% as FTX was acquired to save it from collapsing.

The Street

Crypto Is in Big Trouble Again

Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.

The Street

Robinhood Finds a Way Out of Its Problems

The brokerage of Gen Z and millennials has been climbing the slope since July, after a plunge which raised fears for the worst.

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Benzinga

Robinhood Traders Beat The S&P 500: Is The Retail Investor Back?

Robinhood Markets Inc (NASDAQ: HOOD) stock traded lower Friday, giving up some of its post-earnings gains after the popular online trading platform reported better-than-expected third-quarter revenue and

Investors Business Daily

Dow Jones Falls; Donald Trump Stock Up After Vote Delay; Coinbase Earnings Miss, Bitcoin Rises

The Dow Jones fell as stocks suffered a Fed meeting hangover. The Donald Trump SPAC punted a vote. Coinbase earnings missed, Bitcoin rose.

Benzinga

Robinhood Analysts Praise Q3 Earnings, 'Product Innovation': Are Expectations Now Running High For Coinbase?

Equity and crypto trading company Robinhood Markets Inc (NASDAQ: HOOD) reported quarterly results Wednesday that came in better than expected and had several items

Investors Business Daily

Dow Jones Futures Fall: Market Rally Reeling As Fed's Powell Signals Higher Peak Rate

Futures fell after the stock market sold off Wednesday on Fed chief Jerome Powell hinting at slower rate hikes but also a higher peak rate.

Benzinga

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.

Bangkok Post

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

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.

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