Robinhood

Robinhood

Markets

Robinhood's Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish

The company missed consensus revenue expectations, Wall Street analysts said.

Robinhood app on a smartphone (Shutterstock)

Markets

Cathie Wood's ARK Invest Buys $2.2M of Coinbase Shares

ARK added 12,994 COIN shares to its Fintech Innovation ETF in its first purchase of Coinbase stock since Sept. 11.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

Finance

Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion

The trading app will let customers deposit and withdraw over 20 cryptocurrencies, including bitcoin, ether, solana and USD coin.

Robinhood website on laptop (Unsplash)

Markets

Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models

Both stocks opened the day higher after the British bank published its upgrade overnight.

Barclays has upgraded both Coinbase and Robinhood to equal weight from underweight, citing better business models. (Pcruciatti/Shutterstock)

Videos

Is Kamala Harris Accepting Crypto Donations? NYAG Subpoenas VC Giants About Uniswap

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Coinbase spokesperson clarifies the crypto donations accepted by the Future Forward USA PAC, a major source of support for Harris. Plus, Robinhood Crypto faces $3.9 million settlement with the state of California and the NYAG office sent subpoenas to VC firms including a16z and Union Square Ventures about Uniswap.

Recent Videos

Policy

Robinhood's Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California

The popular trading app's sunsetted ban on customer crypto withdrawals caught the ire of California's attorney general.

Robinhood website on laptop (Unsplash)

Markets

ARK Bought $17.8M of COIN, $11.2M of HOOD as Market Slumped

COIN lost 7.3% on Monday to close at $189.47 amid a market sell-off in which crypto and global stock markets experienced one of their sharpest losses in recent years.

Sale (Justin Lim/Unsplash)

Videos

Robinhood to Buy Crypto Exchange Bitstamp; Core Scientific Rejects CoreWeave's Buyout Offer

"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as trading platform Robinhood announced on Tuesday that it has agreed to acquire crypto exchange Bitstamp for $200 million in cash. Plus, Core Scientific has rejected the more than $1 billion buyout offer from cloud computing firm CoreWeave and Binance can once again allow Mastercard users to purchase crypto on the exchange.

Recent Videos

Finance

Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.

The all-cash deal is valued at $200 million and is expected to close in the first half of 2025.

Johann Kerbrat (on left), GM of Robinhood Crypto (Shutterstock/CoinDesk)

Videos

Binance Fired Investigator Who Uncovered Client Market Manipulation; 'Boden' Memecoin Surges

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Wall Street Journal article that says Binance fired an investigator who uncovered evidence of market manipulation at DWF Labs, one of the exchange's clients. Plus, insights on Robinhood's strong earnings report and the surge in "Boden" meme coin after former President Trump's comments.

Recent Videos