Robinhood

Goldman Launches Marcus Invest To Target Retail Investor
Goldman Launches Marcus Invest To Target Retail Investor
February 17, 2021  |  Investments

Goldman Sachs is launching Marcus Invest to facilitate automated stock buys, the Wall Street Journal (WSJ) reported on Tuesday (Feb. 16). A digital platform, Marcus...

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GameStop Trading Frenzy Being Probed For Misconduct
GameStop Trading Frenzy Being Probed For Misconduct
February 11, 2021  |  Markets

The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks got the attention of federal regulators who are now investigating the rally...

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Robinhood, Melvin, Citadel Likely To Testify At Congressional Hearing On Trading Debacle
Robinhood, Melvin, Citadel Likely To Testify At Congressional Hearing On Trading Debacle
February 10, 2021  |  Markets

A congressional hearing planned for Feb. 18 about Robinhood’s GameStop trading debacle is expected to get testimony from Robinhood, Melvin Capital and Citadel Securities, Reuters...

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GameStop Run Opens New Conversation About Financial Literacy
GameStop Run Opens New Conversation About Financial Literacy
February 10, 2021  |  Financial Inclusion

The GameStop stock run has created a generational opportunity for the investment advisory industry to connect with an audience that’s finally interested in listening and...

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Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times More Likely To Default
Today In Payments: InsurTech Oscar Health Files for IPO; Robinhood Margin Account Users 14 Times...
February 08, 2021  |  News

In today’s top news, Oscar Health filed for an IPO, and Robinhood borrowers are 14 times more likely to default on loans. Plus, Hyundai denied...

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Report: Robinhood Margin Account Users 14 Times More Likely To Default
Report: Robinhood Margin Account Users 14 Times More Likely To Default
February 08, 2021  |  Investments

It’s not a well-publicized feature, but stock trading app Robinhood is also in the lending business. Late last week, some issues with that business attracted...

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FTC Sees Surge In Robinhood Complaints
FTC Sees Surge In Robinhood Complaints
February 05, 2021  |  Markets

The Federal Trade Commission said it received more than 100 Robinhood-related complaints between Jan. 24 and Feb. 2, CNBC reported on Friday (Feb. 5). The consumer...

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GameStop Shares Up After Robinhood Lifts Buying Restrictions
GameStop Shares Up After Robinhood Lifts Buying Restrictions
February 05, 2021  |  Investments

Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on  Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market...

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Robinhood Confronting Over 30 Civil Lawsuits For Curbing Trading
Robinhood Confronting Over 30 Civil Lawsuits For Curbing Trading
February 03, 2021  |  Legal

Digital investing startup Robinhood is looking at 30-plus civil lawsuits days after it limited stock buys for GameStop on its app, The Wall Street Journal...

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