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Don't Panic, Billionaire Thomas Peterffy Says: Tariffs Present 'Greatest' Buying Opportunity
Wednesday, April 9, 2025 - 11:26am | 486Interactive Brokers Group, Inc. (NASDAQ:IBKR) founder Thomas Peterffy sees the recent tariff shock as a generational buying opportunity, not a reason for panic. What To Know: In an interview with Bloomberg, the 80-year-old billionaire dismissed criticism that President Trump's 104% tariff hike on...
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While Elon Musk Has Been At The Center Of Trump's Presidency In The First Three Weeks, Data Shows His Rivals Jeff Bezos, Mark Zuckerberg And Others Benefited More Since The Inauguration: Here's More
Saturday, February 8, 2025 - 8:30am | 567Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, the world's richest person with a net worth of $412 billion, is at the center of criticism amid a potential conflict of interest as he takes on the role of head of the Department of Government Efficiency (DOGE). What Happened: DOGE was introduced by Donald...
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Bitcoin Crash Could Trigger Stock Market Decline In 2025, Warns Expert: 'I'm Very Worried That People Overextended Themselves'
Tuesday, December 17, 2024 - 9:26am | 582Amid growing concerns over cryptocurrency volatility, Thomas Peterffy, chairman of Interactive Brokers, has highlighted the potential for a Bitcoin (CRYPTO: BTC) crash to significantly impact the stock market in 2025. During an interview with Bloomberg, Peterffy emphasized the risks...
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'People With A Lot Of Money Could Influence The Election:' Interactive Brokers' Thomas Peterffy Reveals Why CFTC Will Not Allow Election-Related Contracts (CORRECTED)
Tuesday, July 9, 2024 - 1:24pm | 905Editor’s note: This story has been updated with new information from Interactive Brokers on the timing of the ForecastEx prediction market launch and to correct a quote by Thomas Peterffy. Interactive Brokers‘ (NASDAQ:IBKR) Thomas Peterffy has revealed that the Commodity Futures...
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Wall Street Billionaire Thomas Peterffy Discusses His 'Worst Trade' And More: 'It Was A Huge Hit'
Saturday, January 6, 2024 - 5:02am | 590Wall Street billionaire and Interactive Brokers' founder Thomas Peterffy might have amassed wealth over the years, but just like almost every trader, he has also suffered losses while dealing in options. What Happened: In an interaction with Forbes, Peterffy opened up about his worst trade ever,...
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'This Is A Terrible Situation': Major Brokerage CEO Sounds Alarm On GameStop, AMC And Meme Stocks
Tuesday, February 21, 2023 - 3:02pm | 442Interactive Brokers Group Inc (NASDAQ: IBKR) founder and chairman Thomas Peterffy joined CNBC’s Squawk On The Street Tuesday to discuss current trends in trading. Host Sara Eisen asked Peterffy about "meme stocks" like GameStop Corp (NYSE: GME) and AMC...
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From Immigrant To Entrepreneur: How Thomas Peterffy Exemplifies The American Dream
Wednesday, February 23, 2022 - 10:41am | 653Thomas Peterffy is the 63rd richest person in the entire world. He's most well known for being the founder and CEO of Interactive Brokers (IEX: IBKR), and his story could serve as the dictionary example of the "American Dream." Immigrant To Entrepreneur Peterffy was born in 1944 ...
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Following Quarterly Results, Analyst Explains How Rate Hikes Could Impact Interactive Brokers In 2022
Wednesday, January 19, 2022 - 12:36pm | 359Interactive Brokers Group Inc (NASDAQ: IBKR) announced quarterly results that were in line with or slightly below consensus estimates, but the company's results beat the forecasts from Piper Sandler. Piper Sandler's Assessment: Interactive Brokers reported quarterly adjusted...
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Interactive Brokers' Thomas Peterffy Weighs In On Q4 Results, Robinhood Competition
Tuesday, January 18, 2022 - 8:35pm | 460Interactive Brokers Group Inc (NASDAQ: IBKR) traded lower Tuesday after the company announced its fourth-quarter financial results. What Happened: Interactive Brokers reported quarterly adjusted earnings of 83 cents per share, which was in line with estimates. The company reported quarterly revenue...
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Interactive Brokers Founder Talks Crypto Trading On Platform, Crypto For Payments
Thursday, September 16, 2021 - 1:56pm | 461Interactive Brokers Group Inc (NASDAQ: IBKR) announced the launch of cryptocurrency trading earlier this week. The launch was in response to client demand, Interactive Brokers chairman and founder Thomas Peterffy said Thursday on CNBC's "TechCheck." The company has been...
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Interactive Brokers Group Insider Sold Over $2.56 Million In Company Stock
Thursday, September 9, 2021 - 7:16pm | 431Thomas Peterffy, Director at Interactive Brokers Group (NASDAQ:IBKR), made a large insider sell on September 8, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Peterffy sold 40,000 shares of Interactive Brokers...
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Interactive Brokers Group Insider Trades $2.59 Million In Company Stock
Wednesday, September 8, 2021 - 8:31pm | 468Thomas Peterffy, Director at Interactive Brokers Group (NASDAQ:IBKR), as part of a 10b5-1 program, made a large insider sell on September 3, according to a new SEC filing. 10b5-1 programs allow for insiders to give a specified amount of shares to a third party broker that decides how and...
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How And Why Did The Stock Market Crack This Week?
Friday, January 29, 2021 - 5:01pm | 1598During one of the most intense earnings weeks of the season, all of Wall Street and most of America has been focused on another incredible investing drama unfolding on an hour-by-hour basis. The WallStreetBets Reddit community sent shares of stocks like GameStop Corp. (NYSE: GME) and AMC...
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Fintech Focus For September 10, 2020
Wednesday, September 9, 2020 - 8:24pm | 2279Quote Of The Day: Love is a serious mental disease. - Plato Fintech Movers: M1 Finance, a platform for money management, announced it surpassed $2 billion in assets. - Benzinga Carrot to expand its dividend tech. Long-Term Stock Exchange opens. Binance enters the Turkish market. Displayed markets...
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Interactive Brokers Sweetens Global Connectivity With Tech, Education Focused Initiatives
Monday, July 6, 2020 - 8:55am | 662Trading technology and brokerage service Interactive Brokers Group, Inc (NASDAQ: IBKR) has been on a roll recently when it comes to disruptive innovation in the fintech space. Here’s a look at some of the recent initiatives IBKR has engaged in to further democratize financial markets....