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What's Going On With Robinhood Stock?
Thursday, February 9, 2023 - 9:51am | 461Robinhood Markets Inc (NASDAQ: HOOD) shares are trading higher Thursday after the company reported fourth-quarter results showing an increase in average revenue per user. Robinhood also announced plans to cut share-based compensation and buy back its stock that got tied up in the...
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As Robinhood Stock Plummets, Here's How Much CEO Vlad Tenev Took Home In 2021
Tuesday, May 3, 2022 - 8:56am | 547Robinhood Markets, Inc. (NASDAQ: HOOD) reported disappointing quarterly results last week, sending its beaten-down stock further down. Even as the stock languishes at depressed levels, its C-suite has pocketed handsome pay packages in the past year. What Happened: Robinhood chief...
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BZ Bites: Robinhood Fuels Saving And Investing Trends With New Service And Card
Monday, March 7, 2022 - 8:20pm | 262Robinhood Markets Inc (NASDAQ: HOOD) announced its intent to launch a spending account functionality and new cash card with embedded rewards. The development comes as the California-based company looks to fuel positive trends in saving and investing; after its 2013 launch as a brokerage, in...
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Notable Robinhood Markets Insider Trades $4.2M In Company Stock
Monday, November 1, 2021 - 11:22am | 428Baiju Bhatt, Chief Creative Officer at Robinhood Markets (NASDAQ:HOOD), made a large buy and sell of company shares on October 28, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Baiju Bhatt exercised options to purchase 239...
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How Did The Robinhood Founders Come Up With The Name For Their Modern Brokerage Platform?
Wednesday, October 13, 2021 - 7:20am | 553When Robinhood Markets Inc (NASDAQ: HOOD) co-founders Vlad Tenev and Baiju Bhatt came up with the idea to create a commission-free brokerage platform with a user interface designed for mobile, they knew it was a big idea, but how did they come up with the "...
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Robinhood's CEO Recalls Earliest Days, Fundraising Process
Sunday, October 10, 2021 - 10:32am | 657After moving on from Chronos Research, a technology and software startup designed to support fully automated trading that was built by Robinhood Markets Inc (NASDAQ: HOOD) co-founders Vlad Tenev and Baiju Bhatt, the two set out on a journey to raise seed capital. In 2012,...
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15 Under 40, 14 Over 90: A Look At The Youngest And Oldest Members Of The Forbes 400 List
Saturday, October 9, 2021 - 9:58am | 1220The annual Forbes 400 list highlights the people in the United States who have a net worth of $2.9 billion or more. The 40th annual list showed a range of ages 29 to 95 in 2021. Here is a look at the oldest and youngest people on the list and what makes their fortunes. The Forbes 400 List: The...
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How Steve Jobs Helped Inspire The Founding Of Robinhood
Thursday, October 7, 2021 - 1:45pm | 485Vlad Tenev is the co-founder and CEO of Robinhood Markets Inc (NASDAQ: HOOD), but his first venture into the financial markets was through a software company, Chronos Research, which he and Baiju Bhatt founded to build the technology and software to support fully-automated trading. "...
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How Robinhood Democratized Finance For The 99%
Tuesday, August 17, 2021 - 11:45am | 916Advances in market structure and technology made it possible for investors to interact with financial markets in ways dreamt of decades ago. At the same time, disparities in social and economic justice, amongst different classes and demographics, worsened given dynamics like the COVID-19...
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Fintech Focus For November 27, 2020
Thursday, November 26, 2020 - 8:02pm | 1695Quote To Start The Day: Be polite, be professional, but have a plan to kill everybody you meet. Source: James Mattis One Big Thing In Fintech: Robinhood, creator of the popular stock-trading app of the same name, announced on Friday that Vlad Tenev will be the company's sole chief executive,...
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Robinhood Co-Founder Steps Down From CEO Position
Saturday, November 21, 2020 - 11:43am | 401Robinhood co-founder Baiju Bhatt has stepped down as the company’s CEO. What Happened: Fortune reported that Vlad Tenev, the company’s co-founder, is now Robinhood’s single CEO. Bhatt is stepping down from what used to be a dual CEO position but remains the co-founder and...
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Robinhood Offers Credit To Users Affected By Massive Outage
Tuesday, March 24, 2020 - 3:59am | 240Robinhood Markets, Inc. is offering some users on its trading platform credit to make up for the prolonged outage it suffered earlier this month, CNBC reported on Monday. The financial services company will determine how much credit each user will receive on a case-by-case basis, a spokesperson...
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Robinhood Offers Free Robinhood Gold, Monetary Compensation Due To Outages
Wednesday, March 4, 2020 - 5:59pm | 237Robinhood, a retail trading platform that offers commission-free stock, ETF, options trading and high-yields savings accounts, crashed Monday for more than 24 hours due to an infrastructure and systems communication failure, and experienced additional downtime again on Tuesday. “We now...
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Robinhood Launches Free Checking, Saving Accounts With 3% Interest
Thursday, December 13, 2018 - 1:07pm | 525Trading app Robinhood has found tremendous success in disrupting the discount broker market, and the company is now setting its sights on the traditional banking business. What Happened? Robinhood announced Thursday it is launching checking and savings account services that are free of...
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Fintech Brokerage Robinhood Launches Spotify-Like Web Platform
Wednesday, November 1, 2017 - 10:14am | 361Robinhood, the fintech brokerage that offers commission-free trading through a mobile app, announced Wednesday it's launching a web platform. “Our mission is to make financial services more accessible to more people,” said Robinhood co-founder and CEO Baiju Bhatt in an interview...