Robinhood News

Robinhood Moneycontrol.com / Aug 19, 2020

The Nifty PE ratio has now touched historical levels at 31.37x levels. This is a huge rise and deviation from the median which has also shifted towards 20x levels from 18x earlier. The recent rise in the PE ratio has been the steepest seen since the 2009 bottom.

Robinhood dallasinnovates.com / Aug 18, 2020

Robinhood announced it had 3 million new customer accounts at the beginning of 2020, bringing its total customer base to 10 million. At the time, it also had closed two Series F funding rounds. Now, the pioneering broker of free trades is building on its success by raising $200 million in Series G funding, increasing the company's valuation to $11.2 billion from D1 Capital Partners.

Robinhood OilPrice.com / Aug 18, 2020

The issuers of exchange traded funds (ETFs) are increasingly naming their newly launched funds with easy-to-remember ticker symbols. The main reason for picking more clever names - which are also immediately associated with the type of the ETF industry - is to distinguish from the thousands of other boring and meaningless tongue-twisters and difficult-to-remember tickers to attract the growing group of the so-called Robinhood traders.

Robinhood AltFi / Aug 18, 2020

Savings and Investment Following its latest valuation, Robinhood is one of the highest valued fintechs in the world. Image source: Co-founders and co-CEOs of Robinhood Baiju Bhatt and Vladimir Tenev/Robinhood American investment platform Robinhood has closed a $200m Series G funding round at an $11.2bn valuation just over a month after its last fundraise.

Robinhood Moneycontrol.com / Aug 18, 2020

The Nifty PE ratio has now touched historical levels at 31.37x levels. This is a huge rise and deviation from the median which has also shifted towards 20x levels from 18x earlier. The recent rise in the PE ratio has been the steepest seen since the 2009 bottom.

Robinhood UPI News / Aug 18, 2020

Aug. 17 (UPI) -- The stock trading startup Robinhood announced Monday a $200 million, Series G funding round, its third major investment in five months, upping its valuation to $11.2 billion. The new venture capital cash appears to confirm that investors are counting on Robinhood to continue to make inroads with small-time clients while they are at home during the coronavirus pandemic.

Robinhood Economic Times / Aug 18, 2020

Consolidation of the profits and the corporate activity will be very intense going forward and there will be few winners and they are not going to be the new companies, says the chairman, MOFSL. Why are markets suddenly valuing chemical companies like consumer companies? Is the bull run in chemical or speciality chemicals here to stay?

Robinhood Financial Times / Aug 18, 2020

Alexander Lukashenko, the strongman president of Belarus, fought for his political future on Monday as protesters called on him to "resign", stock-trading app Robinhood raised new equity that values the company at more than $11bn, and the Trump administration has moved to open part of the Arctic wildlife refuge for oil drilling.

Robinhood msn.com / Aug 17, 2020

of By Jeremy Bowman The Motley Fool | Robinhood, the popular stock brokerage app, has changed the way of investing forever. The company's promise of commission-free stock trades disrupted and democratized the online brokerage industry, forcing major players like Charles Schwab and ETrade to follow suit.