Financial Sector Update for 05/21/2024: GL, JPM, HOOD
NASDAQ · 13h ago
What's Going On With Robinhood Stock After Launching New Margin Rates?
Robinhood Markets, Inc. Said on Tuesday that it launched new margin rates based on a customer’s margin balance. Margin investing allows customers to borrow money from Robinhood and leverage their holdings to purchase securities. Robinhood Gold subscribers will get their first $1,000 of margin with no interest.
Benzinga · 14h ago
Robinhood Offers Rates From 5.7%-4.75%; Customers Receive Rate Based On Total Margin Balance
Benzinga · 17h ago
Robinhood introduces lower margin rates in bid to wow advanced traders
MarketWatch · 17h ago
Robinhood Lowers Margin Investing Rates
The Wall Street Journal · 17h ago
Robinhood lowers interest rate on margin loans in growth push
Robinhood lowers interest rate on margin loans in growth push. Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans. The company had previously charged 12% interest for customers. Margin loans allow customers to borrow funds against their investment portfolio.
Reuters · 17h ago
Reuters · 17h ago
Buy 5 Investment Bankers for Sparkling Returns in the Near Term
NASDAQ · 18h ago
Robinhood Markets, Inc. (HOOD) is a Great Momentum Stock: Should You Buy?
NASDAQ · 1d ago
5 Bitcoin-Centric Stocks to Buy to Gain From the Next Rally
NASDAQ · 1d ago
Meme stock revival comes ahead of shift to T+1 settlement
Financials Meme stock revival comes ahead of shift to T+1 settlement. Markets are only a week away from a new settlement cycle. The SEC and the DTCC will move the industry to "T+1" in 2024. The shift to a shorter settlement cycle is expected to speed up trading.
Seeking Alpha · 1d ago
HOOD Crosses Above Average Analyst Target
NASDAQ · 1d ago
Weekly Report: what happened at HOOD last week (0513-0517)?
Weekly Report · 1d ago
Robinhood (NYSE:HOOD): Picks-and-Shovels Play on Meme Stock Resurgence
Robinhood Markets stock is the picks-and-shovels way to invest in the resurgence of meme stocks. Gamestop and AMC Entertainment are among the big names in the meme stock mania. Robinhood Markets will benefit from the influx of retail investors piling back into the market. The company has 24 million customers and is the #11 finance app in Apple's App Store.
TipRanks · 3d ago
Crypto trading volume drops for first time in seven months in April - report
Cryptocurrency Crypto trading volume drops for first time in seven months in April - report. Spot trading volume on centralized cryptocurrency exchanges cooled for the first time since March. Bitcoin slid by nearly 15% to under $60K last month, breaking a seven-month winning streak. The CME exchange also experienced a retreat in derivatives trading volume.
Seeking Alpha · 3d ago
HOOD Quantitative Stock Analysis
NASDAQ · 3d ago
Robinhood posts biggest weekly gain among financial stocks; Burford retreats
Financials On the Move Robinhood posts biggest weekly gain among financial stocks. Treasury yields slipped on the back of soft economic data. Financial Select Sector SPDR ETF advanced slightly ahead of the S&P 500's increase. Robinhood markets rose the most of any financial stock for the week ended May 17.
Seeking Alpha · 3d ago
B of A Securities Upgrades Robinhood Markets (HOOD)
NASDAQ · 4d ago
UPDATE 1-Microsoft offers cloud customers AMD alternative to Nvidia AI processors
Microsoft offers cloud customers AMD alternative to Nvidia AI processors. AMD's flagship MI300X AI chips will be sold through its Azure cloud computing service. AMD will compete with components made by Nvidia. Microsoft will also launch a preview of Cobalt 100 custom processors at Build developer conference.
Reuters · 4d ago
Robinhood Stock Soared Over 20% This Week -- Here's Why
Shares of Robinhood Markets soared over 20% this week. Bank of America upgraded its price target on Robinhood from $14 to $24 a share. The retail brokerage that pioneered free stock trading is up 62% year to date. Robinhood's revenue grew 40% in the first quarter. The company is seeing a boost from the return of retail trading.
The Motley Fool · 4d ago
Webull provides a variety of real-time HOOD stock news. You can receive the latest news about Robinhood Markets, Inc. through multiple platforms. This information may help you make smarter investment decisions.
About HOOD
Robinhood Markets, Inc. provides financial services platform for everyone, regardless of their wealth, income, or background. It uses technology to provide access to the financial system. Its offerings include Brokerage, Robinhood Crypto, Custody, Robinhood Wallet, Robinhood Gold, and Robinhood Credit Card. Its Brokerage services include investing, options trading, fractional trading, recurring investment, access to investing on margin, fully paid securities lending, cash sweep, instant withdrawals, Robinhood retirement, 24-hour market, and IPO access and directed share program. It also commission-free cryptocurrency trading in the through Robinhood Crypto, LLC. It provides crypto recurring investments, allowing customers to automatically buy crypto, commission-free, on a schedule of their choice. It also holds settled cryptocurrencies in custody on behalf of customers in two types of wallets: hot wallets, which are managed online and cold wallets, which are managed entirely offline.