Robinhood News

Robinhood The Wall Street Journal / Aug 7, 2020

Trading slivers of individual shares has become a fervent pursuit for thousands of individual investors, amplifying the 2020 rise of pricey yet popular stocks like Amazon.com Inc. and Tesla Inc. Fidelity Investments, which rolled out fractional trading to customers in January and February, says more than 340,000 of its accounts have placed a fractional trade, in which the customer buys or sells less than an entire share.

Robinhood Motley Fool / Aug 5, 2020

Robinhood's commission-free trades have attracted many investors. Millions of them are millennials jumping into investing for the first time. With the COVID-19 pandemic raging on, you might expect that investors on Robinhood have looked at ways to profit from the coronavirus outbreak. And you'd be right.

Robinhood Forbes / Aug 5, 2020

A former marketer of Facebook and Paypal is joining Robinhood as its new chief marketing officer. Christina Smedley has joined the Millenial-focused brokerage firm as its new CMO. Prior to Robinhood, Smedley spent nearly five years working in marketing on focus areas at Facebook working on Facebook Messenger before working on cryptocurrency products like the digital payments wallet Calibra now known as Novi.

Robinhood Forbes / Aug 5, 2020

Stock trading app Robinhood stands out for its free trading and immense popularity among millennial and Gen Y traders. Because it makes a considerable portion of its trading data publicly available, which third-party sites like Robintrack.net then aggregate, outsiders can track trading data to discern changes in stock popularity that they couldn't at more traditional brokerages.

Robinhood Investorplace.com / Aug 5, 2020

After it became apparent that the novel coronavirus would no longer be a foreign crisis, a few key sectors took the sharpest blows. Among them was the airliner industry, which in turn spelled disaster for Hertz Global (NYSE:). With travel - especially business-related trips - grinding to a halt, there was just no room for Hertz stock to go but down.

Robinhood Penny Stocks / Aug 5, 2020

Whether you're trading penny stocks on Robinhood, WeBull, TD Ameritrade, Etrade, Interactive Brokers - whichever penny stock broker - you always want to gain an edge. One of the sought after features that Robinhood, in particular offers is the ability to "follow the money" and see how many accounts hold particular shares.

Robinhood Cointelegraph / Aug 5, 2020

Popular Twitter personality Dave Portnoy, famous for his motto "stocks only go up," now wants to learn about Bitcoin ( BTC) from Gemini co-founders Tyler and Cameron Winklevoss. In a Twitter clip extracted from his latest daily show on August 4, Portnoy tells the Winklevoss twins he'd like them to "explain Bitcoin in a way that I would understand," he said.

Robinhood The Tokenist / Aug 5, 2020

Robinhood reported $180 million in revenue in the second quarter this year, which represents double the revenue from the first quarter of $91 million. Many people have suspected Robinhood's popularity would start to wane following its numerous outage woes and bad press. Yet, the opposite is happening. Why?

Robinhood Forbes / Aug 4, 2020

While Americans have been stuck at home during the pandemic, they're flocking to stock-trading app Robinhood in increasing numbers, propelling its business to new heights. The Silicon Valley company's "payment for order flow" revenue, which it earns by routing users' buy and sell orders to large trading firms to be executed, reached $180 million in the second quarter, according to a regulatory filing released last week.

Robinhood Motley Fool / Aug 4, 2020

It doesn't matter how long you've been an investor -- nothing could have prepared you for this year's roller-coaster ride that was precipitated by the coronavirus disease 2019 (COVID-19) pandemic. Over the past five months, equities have plunged faster than they ever have, as well as delivered their strongest quarterly performance in more than two decades.

Robinhood CCN.com / Aug 4, 2020

Ford stock has dipped despite reporting an improved cash position and narrower losses in Q2 2020. Robinhood traders are loading up on the Ford stock. The truth is, Ford Motor Company is on borrowed time and will go bankrupt anyway. Despite reporting better than expected earnings last week, Ford Motor Company (NYSE:F) has continued its long-term downtrend.

Robinhood CoinDesk / Aug 1, 2020

The editor of the Morning Navigator newsletter discusses a variety of macro topics and how to trade against a very strange market. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.