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Robinhood's Big Gamble | The New Yorker

Cartoon by Pat Byrnes By that spring, Alex Kearns, a twenty-year-old student at the University of Nebraska, had been using Robinhood for about two years. The app had permitted him to trade options just months after he opened his account. Kearns grew up in Naperville, Illinois, with his sister and his parents. His father is an I.T. professional at a financial-services firm. The family was close. Kearns was known as an anxious but positive young man who played trombone in the high-school band, re...
Zuccotti Park New York United States Al Iskandariyah United Kingdom San Francisco

I'll Take Tesla for $1, Please

Provided by Dow Jones By Jason Zweig Stocks are near record highs, but theyre finally getting cheaper to buy. No longer do investors need to buy a minimum of 100 shares at a time or even one full share, often at prohibitive cost. Fractional-share trading enables you to purchase a sliver of a share with as little as $1, putting a stake in single stocks within anyones reach. As with any technology, whether thats good or bad depends on how you use it. After a d...
New York United States New York University Thomas Peterffy Richard Repetto Neesha Hathi

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