Robinhood News

Robinhood Money Morning / Aug 17, 2020

You got $5? What if I told you that was enough to get you started with stocks like Amazon ($3,160), Alphabet/Google ($1,527), Apple ($460), Nvidia ($460), or Microsoft ($210)? The fact is, that's not only possible - it's actually easy to do. Welcome to the "Fractional Shares Revolution."

Robinhood Motley Fool / Aug 16, 2020

Former Indian Prime Minister Indira Gandhi once said, "Popularity is not a guarantee of quality." She was exactly right. And her statement is applicable to investing as much as it is anything else. For example, there are plenty of stocks that rank among the most popular on the Robinhood trading platform that aren't high-quality investments.

Robinhood CNBC / Aug 14, 2020

Robinhood is raking in more money than ever on customer trades as new investors flood the stock market during the pandemic. Despite not charging customers to trade, the Silicon Valley start-up made $180 million off trades in the second quarter - roughly double from the prior year, according to a recent Securities and Exchange Commission regulatory filing.

Robinhood Investor's Business Daily / Aug 14, 2020

Amir Rasian certainly can brag about his portfolio. Thanks to big wins like Tesla ( TSLA) and Gan ( GAN), he's up more than 25% just this year - easily topping the average U.S. mutual fund's 2% loss and the flattish S&P 500. But Rasian isn't a professional money manager.

Robinhood Thinknum Media / Aug 14, 2020

It's been a year of record highs and lows for trading App Robinhood. The highs? A massive influx of new users. Robinhood has emerged as the top trading app in a market with stiff competition as Americans flock to the app to make an extra buck - or gamble, now that casinos and sports are on hold.

Robinhood Penny Stocks / Aug 14, 2020

One of the most active platforms for trading penny stocks lately is Robinhood. The mobile-ready app has gamified the way people trade. It also grew its user-base dramatically larger with the onset of coronavirus. Whether you support it or are a staunch opponent of it, Robinhood and penny stocks have gone hand-in-hand this year.

Robinhood Moneycontrol.com / Aug 14, 2020

Are you a new investor who joined D-Street in 2020, and are planning to invest in the market for the long-term? If yes, the time is ripe to start your investing journey.Data suggests that more than 5 million demat accounts were added across brokerages in 2020, and most of the new-age investors, also known as, Robinhood investors are between 25-40 years.

Robinhood Benzinga / Aug 14, 2020

A quick glance of the most popular exchange-traded funds among Robinhood users doesn't reveal much in the way of surprises. iShares, Vanguard and State Street (SPDR), the three largest domestic ETF issuers, combine for 81.6% of ETF assets held on the popular trading platform. That's roughly in line with the approximately 85% of all U.S.

Robinhood dallasinnovates.com / Aug 12, 2020

Robinhood is joining the growing list of financial institutions hiring in and moving to the Dallas-Fort Worth area. Earlier this year, Charles Schwab announced it wass moving its headquarters to Westlake after acquiring TD Ameritrade and Fidelity Investments announced plans to hire 300 employees in North Texas.

Robinhood Business Insider / Aug 12, 2020

Point72 has reached out to other trading platforms and investing apps in a hunt for new trading signals, according to people with direct knowledge of the outreach. The requests came just hours after popular trading app Robinhood restricted access to an API that showed what stocks were most popular among its users.

Robinhood Motley Fool / Aug 12, 2020

This year will go down in the books as one that saw both the fastest and most brutal bear market decline in history, followed by an equally stunning recovery. Just months after the pandemic-induced sell-off that dominated the financial headlines in late February and early March, each of the major indexes has recovered most, if not all, of the losses.

Robinhood Southlake Style / Aug 12, 2020

Robinhood, a financial services company known for offering commission-free investing, is expanding into Southlake. The online broker announced the news on August 11, also including Robinhood would also hire in Arizona. Robinhood stated on its blog that, "this year we plan to hire hundreds of additional registered financial representatives in Southlake, Texas, and Tempe, Arizona."

Robinhood InvestorPlace / Aug 12, 2020

Stock brokerage app Robinhood is one of the hottest startups in the fintech world. And yes, the company has had little trouble raising a substantial amount of capital. For its latest funding, Robinhood stock fetched a valuation of $8.6 billion. The company also recently landed on CNBC's Disruptor 50 list, with a rank of 46.