PayPal is no stranger to making waves in the world of fintech, but the news that the finance giants are considering a move into the retail investing landscape is likely to cause a splash in an industry that’s undergone a rapid rise in users…
On Monday, shares of Robinhood plummeted by 6.9% to $43.64 per share as Securities and Exchange Commission Chairman Gary Gensler told American magazine Barron’s that banning the controversial practice of payment for order flow is a…
On Tuesday, video game retailer and meme stock giant GameStop surged by 27% as some retail investors returned in full force despite an otherwise noiseless market.
Robinhood’s revenue has increased by more than double in the second quarter, reaching $565 million. The trading platform said the increase was bolstered by a huge surge in crypto trading.