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The Latest Breaking News from Vlad Tenev

Trump leads Harris on Robinhood’s new prediction market with 100 million contracts traded

Robinhood rolled out its new prediction market last month.

Fortune

The education of Robinhood’s Vlad Tenev

Robinhood CEO Vlad Tenev is now a father of three and approaching 40—and he's had to become more reflective.

Fortune

Crypto Community Divided After Robinhood Announces $200M Acquisition Of Bitstamp

Robinhood will acquire crypto exchange Bitstamp – the announcement has had the crypto community divided, with some unsure if the move will be beneficial for the sector or not.

International Business Times

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Who is Roaring Kitty, the 2021 GameStop stock booster, and why did he suddenly return?

Why did Roaring Kitty return, and what — if anything — does it mean for the future of GameStop’s stock prices?

The Independent UK

Robinhood's evolution is a symbol of the broader convergence of crypto and mainstream finance

Robinhood's evolution is a fitting symbol for bigger financial trends to watch in 2024.

Fortune

Robinhood’s crypto revenue is the lowest it’s been in 3 years, but it still stans crypto—and Dogecoin

“We don't see Dogecoin as a negative asset for us,” Johann Kerbat, Robinhood’s head of crypto, told Fortune, in reference to the dog-inspired cryptocurrency.

Fortune

Sebastian Stan Is Playing Donald Trump In An Upcoming Movie, And Now I Can’t Unsee The Resemblance

Word's come in that Sebastian Stan will play Donald Trump in an upcoming movie, and yeah, I do see the resemblance.

Cinemablend

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‘Dumb Money’ cast: Meet the real people behind GameStop's Reddit rally

Meet the real-world investors, CEOs, and hedge fund managers behind the GameStop short squeeze that inspired 'Dumb Money'

The Street

Robinhood has a comeback plan—and it just might work

A new movie underscores how deeply the company is associated with meme stocks, but Robinhood has a lot more up its sleeve.

Fortune

An in-depth timeline of the GameStop short squeeze

January 2021 saw one of the most notorious short squeezes in market history as Reddit's army of retail investors took on hedge funds to drive struggling retailer GameStop's price sky-high.

The Street

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.

Fortune

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.

Fortune

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.

Fortune

HOOD Stock: Robinhood To Repurchase Hefty Bankman-Fried Stake, Reveals Costly Error

Robinhood earnings were worse than feared. But two announcements from the zero-fee trading app sent HOOD stock near buy point.

Investors Business Daily

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news in one place.

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Fortune

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.

The Street

Robinhood Retirement Plan Viewed with Skepticism by Some Analysts

Robinhood says it will offer a 1% 'match' to customers who contribute money to an individual retirement account

Crikey

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.

The Street

Robinhood Bounces Back Unaffected By Its Savior's Setbacks

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

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news in one place.

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The Street

Stock Market Today – 8/3: Stocks End Higher as Investors Await Key Economic Data

U.S. stocks finished the session higher, reversing two consecutive days of losses, as investors looked past Pelosi's Taiwan visit and ahead to key economic data.

The Street

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

AFP

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.

WEKU

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.

The Street

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.

Benzinga

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

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.

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