NYCE, a fintech geared towards real estate investing, formally announced the release of its investment app. What Happened: According to some projections, median black wealth-measured by net worth-is projected to drop to $0 by 2053.
Kellogg's is bringing back popular cereal straws. Also, smart tires that could help you drive better may be coming soon. Jane King has the details on those stories and more in this Your Money report.
This past week, the House Committee on Financial Services held part two of three anticipated hearings on the GameStop/Reddit/Robinhood saga. As most people are aware, in recent months a short-squeeze caused shares in GameStop (NYSE:GME) to jump dramatically higher compelling short sellers to purchase shares a higher price than when they were sold.
Is Robinhood saying "gimme your stimmy"? The trading platform recently launched a cash rewards program for some users that gives tiered rewards of up to $250 based on net deposits over the next few weeks. This program isn't directly connected with stimulus checks that most Americans are receiving, though.
Robinhood is planning to beef up its cryptocurrency staff this year amid an explosion of interest in trading digital coins, according to CEO Vlad Tenev. The popular investment app has been hiring "a ton" of new staff as it works to roll out more cryptocurrency offerings - including the ability to move crypto assets to and from a user's digital wallet, according to Tenev.
SHREVEPORT, La. (KSLA) - The Caddo Parish Coroner's Office has identified Jodeci Fisher, 28, as the man shot and killed in the Cedar Grove neighborhood. SPD responded to the scene of a shooting around 2:25 a.m. on Saturday, March 20. The shooting happened in the 800 block of Robinhood Street near Thornhill Avenue.
Robinhood plans to expand its cryptocurrency trading operations and may add new coins to the platform. "We want to make a huge investment and hire a ton of people," said CEO Vlad Tenev in a video posted by the company on March 18. "We're going to try and get that done as fast as possible.
Robinhood, the popular stock-trading app at the heart of the recent rise of GameStop and other "meme" stocks, has launched a promotion that may inspire many of its young customers to pour their government stimulus checks into the stock market. Indeed, a number of stock market strategists are worried about a coming "stimmy" rally on Wall Street.
The stock trading platform Robinhood offers an interesting, and ever-changing heatmap of where retail investors are putting their money. Penn National Gaming (NASDAQ: PENN) and Nike (NYSE: NKE) are two companies that rank among the top 100 most widely-held stocks among users of t
Paul Constant is a writer at Civic Ventures and a frequent cohost of the "Pitchfork Economics" podcast with Nick Hanauer and David Goldstein. In the latest episode, they spoke with California congressman Ro Khanna about Robinhood and the GameStop squeeze. Khanna says the stock-buying craze should serve as a stark reminder of "the over-financialization of our economy."
As we end another week in March, both penny stocks and blue chips remain highly volatile. Overall this month has been quite bullish for many stocks under $5, yet broader markets continue trading sideways. Several factors continue to leave an impact. These include fears of long-term inflation as well as hitting short-term vaccine milestones.
Just as millions of qualifying Americans are set to receive their $1,400 stimulus check from the federal government, Robinhood has unveiled a new perk, which offers cash bonuses for deposits. Certain retail investors that use the Robinhood app can receive credits for depositing money into their account over the next two weeks.
Robinhood, the popular stock-trading app at the heart of the recent rise of GameStop and other "meme" stocks, has launched a promotion that may inspire many of its young customers to pour their government stimulus checks into the stock market. Indeed, a number of stock market strategists are worried about a coming "stimmy" rally on Wall Street.
It's hard to imagine a more disastrous IPO rollout than the past few months for Robinhood.
Tenev had been answering a question from a customer who wished to see the platform "take a bite out of Coinbase." Vlad Tenev, CEO of brokerage platform Robinhood, said the company is planning to grow its crypto team "hugely" this year.
Given the commission-free trading revolution and fintech disruptions, more people have access to stock market wealth. Adding, a younger generation of investors have developed a distrust in both the government nor financial institutions. Instead, they trust themselves and their networks.
Robinhood, known for its popular stock-trading app that made a splash during the GameStop fiasco, named Google vet Aparna Chennapragada as its first chief product officer. Chennapragada, an MIT graduate, held senior positions at Google for more than a dozen years, such as technical assistant to the CEO, director and group product manager for Google Now, and senior product manager for Google Search.
In order to short stocks, you need a margin account and a broker who's willing to lend you shares to short. Since shorting requires borrowing shares, there are costs involved with betting against stocks this way. And if you don't have a margin account, you won't be able to borrow any shares to short, anyway.
American financial services company Robinhood Markets Inc. has appointed Google's top executive Aparna Chennapragada as its first chief product officer. She will be overseeing the company's product, design and research initiatives, according to a statement on Thursday.
By Dan Clarendon Mar. 18 2021, Published 3:29 p.m. ET Seems like users have a lot of question about the "brokerage cash" they see in their accounts, and why they're not always able to withdraw it or use it for trading.