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Robinhood Shares Rise as Revenue Surpasses Analyst Estimates

(Bloomberg) -- Robinhood Markets Inc. shares surged as revenue topped estimates and executives said deposit growth is outpacing that of last year.Most Read from BloombergWall Street Caught Off Guard by ‘Sticky’ CPI Signs: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillPutin Seeks Revenge on a World Order He Once Wanted to JoinStandard Chartered Weighs Breaking Up Corporate, Investment BankUS Inflation Tops Forecasts in Blow to Fed Rate-Cut HopesFourth-quarter net revenue j

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Robinhood Shares Rise as Fourth-Quarter Revenue Beats Estimates

Robinhood Shares Rise as Fourth-Quarter Revenue Beats Estimates
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Spot Bitcoin ETFs Take Wall Street by Storm With Historic Debut

Spot Bitcoin ETFs Take Wall Street by Storm With Historic Debut
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Robinhood CEO Defends Payment For Order Flow Model, Company Announces UK Launch

Robinhood CEO Defends Payment For Order Flow Model, Company Announces UK Launch
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Robinhood CEO: Every Company Will Transition Into an AI Company

Software ate the world, and now generative artificial intelligence (AI) is eating that software. Robinhood Markets Co-Founder and Chief Executive Officer Vlad…

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Crypto-exchange FTX hurtles toward bankruptcy with $8B hole, US probe

THE crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall of as much as $8 billion. Bankman-Fried informed investors of the gap on Wednesday, shortly before rival exchange Binance abruptly scrapped a takeover…

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Robinhood posts 44% slump in revenue, slashes headcount by 23%

After reporting slumping revenues, Robinhood announced they are cutting nearly a quarter of their its' full-time staff and doing internal restructuring.

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Robinhood cutting workforce by 23%

By Hannah Lang (Reuters) -Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees, sending its share...

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Robinhood slashes staff as trading boom slumps

Its customer base has been spooked by decades-high inflation and rising interest rates.

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Robinhood slashes staff as trading boom slumps | Business and Economy News

Robinhood Markets Inc is slashing nearly a quarter of its staff as a pandemic trading boom has slumped. The app-based brokerage dismissed 23 percent o

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