Robinhood terminates investment, expansion deal with NC
Robinhood has formally backed out of a deal to invest $11 million in the North Carolina, following a vote by the state’s economic investment committee.
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Robinhood
Robinhood slashing jobs in Charlotte – and shutting down the company’s office there
In a notice sent to the North Carolina Department of Commerce, financial services firm Robinhood disclosed it plans to make layoffs of 82 workers in Charlotte.
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Online brokerage Robinhood cuts another 23% of workers, hit with big fine
What’s going on? In a blog post on the company’s website, Robinhood CEO Vlad Tenev said the “deterioration of the macro environment” — notably decades-high inflation coupled with a cryptocurrency crash — has reduced the company’s customer trading activity and assets under custody.
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Robinhood, other trading apps, might get bad news soon as SEC may change rules
The stock market could soon see a massive change to how it functions, CNN Business is reporting. Here’s what could happen, as soon as tomorrow.
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A case for PayPal buying Robinhood
By Paul R. La Monica, CNN Business CHARLOTTE – Robinhood is still losing money. The platform reported a drop in the number of users in its most recent quarter. Is it time for the struggling online broker to consider a sale? Even though Robinhood’s stock has rebounded a bit...
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Data breach: Robinhood says hackers demand ransom after getting customer data
Robinhood said Monday it was hit by a data breach earlier this month that exposed information on millions of customers and that hackers later demanded an extortion payment.
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More IPOs now in 2021 than in the dot-com boom
Private companies are making their Wall Street debuts at a record clip this year.
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Revenue down, user number drops for Robinhood
After a blockbuster start to the year, when traders coordinating on social media sparked a wild rally in meme stocks like GameStop and AMC Entertainment, activity has settled down. And Robinhood took a big hit.
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Robinhood earnings report disappoints despite surge in crypto sales
Robinhood posted a big loss in its first earnings report since its volatile initial public offering last month, overshadowing the fact that sales more than doubled in the second quarter, led by strong demand for cyptocurrency trading.
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