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News Articles: Robinhood

People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood in New York City after the company went public on July 29, 2021. On Tuesday, the company said it was cutting nearly a quarter of its staff.

Tagged as: 

  • Business

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.

August 02, 2022
|
By:
  • David Gura
U.S. Securities and Exchange Commission Chairman Gary Gensler testifies before the Senate Banking Committee on Sept. 14 in Washington, D.C. Gensler discussed his approach to the job in a recent interview with NPR.

Tagged as: 

  • Business

Why Wall Street's top cop thinks it's time to get tough

In a recent interview with NPR, S.E.C. Chairman Gary Gensler says one of his top priorities is protecting amateur investors as his agency unveils a number of tough new rules and investigations.

December 19, 2021
|
By:
  • David Gura
In this image from video provided by the House Financial Services Committee, Vlad Tenev, chief executive officer of Robinhood, testifies during a virtual hearing on GameStop in Washington, D.C., on Feb. 18. Robinhood is facing a range of lawsuits and potential regulary action as it gears up to make its Wall Street debut.

Tagged as: 

  • Technology

The Robinhood IPO Is Here. But There Are Doubts About Its Future

State and federal regulators have launched numbers probes of the popular stock trading app, just as it hopes institutional investors and its own users will buy up its stock.

July 29, 2021
|
By:
  • Bobby Allyn
GPB News NPR

Tagged as: 

  • Business

'I Am Not A Cat ... I Am Not A Hedge Fund': Trader Roaring Kitty Tells Congress

The House Financial Services Committee held a hearing where members probed major players in the GameStop and meme stock story.

February 18, 2021
|
By:
  • Ryan Kailath

Tagged as: 

  • Business

Game Back On: GameStop Stock Rebounds As SEC Warns Against Market Manipulation

The video game retailer's shares shoot up, the online broker Robinhood struggles for cash and securities regulators issue a stern warning for anyone trying to game the market.

January 29, 2021
|
By:
  • Avie Schneider
Shares of GameStop have surged as amateur investors foil hedge funds' efforts to short sell the stock.

Tagged as: 

  • Business

From Elon Musk To AOC, Everybody Has A Tweet About GameStop

Jon Stewart and Ted Cruz are among other high-profile people who took to Twitter to comment on the stock story gripping the country.

January 29, 2021
|
By:
  • Claire Miller
The Robinhood investment app appears on a smartphone in this photo illustration. Day trading has surged during the coronavirus pandemic as stay-at-home people try buying and selling stocks, often for the first time.

Tagged as: 

  • Business

He Thought Day Trading Would Be A Thrill. He Ended Up Losing $127,000

With millions stuck at home, more and more people are trying day trading. Most will end up losing money, studies show, while troubling cases of addiction are also on the rise.

December 08, 2020
|
By:
  • Jim Zarroli

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