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On June 17, 2026, upbeat analyst calls fueled a sharp rally as investors responded to fresh growth signals.

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 12.4% in the afternoon session after the company announced it was cutting 10% of its workforce, a move investors read as a margin improvement signal that arrived at precisely the right moment in the company's revenue recovery.

Kalshi CEO Tarek Mansour says Polymarket is not his main rival, naming CME, Robinhood and DraftKings as bigger threats.

Stocks suffered broad, sharp losses on rate hike bets after the first Warsh Fed meeting. SpaceX fell for the first time while Robinhood jumped.

Robinhood received a big price-target hike from Wall Street a day after revealing hefty job cuts. On Wednesday, Argus analyst Stephen Biggar raised his HOOD stock price target by 22% to $110, according to TheFly.com. Biggar kept a buy rating on shares a day after Robinhood announced a 10% workforce reduction.

(Updates with index/price moves, macroeconomic data, and political/company news from the first parag

Scott Melker discusses crypto exchange Coinbase's (COIN) push to becoming the new "everything app" as it offers banking services, AI advisers, stock options, and perpetual futures offerings on pre-IPO companies. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Coinbase is expanding beyond crypto trading with tokenized equities, AI-agent payments, pre-IPO exposure and U.S. crypto derivatives.

Here’s why layoffs happened anyway, despite business being strong.

Analysts said Robinhood’s recently announced 10% workforce reduction could improve efficiency and speed product execution.

HOOD plans to cut 10% of its workforce despite record trading activities, aiming to speed product launches and boost efficiency.

Tenev described the retrenchment exercise as a “difficult decision”, explaining it intends to “maximise” talent density.

FEATURE Artificial-intelligence stocks were mounting a comeback on Wednesday, having slumped the previous session, as hopes of a peace deal between the U.S. and Iran led investors to pile back into some of the market’s best-loved names.

Robinhood Markets Inc. CEO Vlad Tenev believes more people should own a stake in the economy, arguing that broader participation in equity markets could help create a more stable and economically resilient society. “Make everyone an owner,” Tenev said in...

Bitcoin is trading at approximately $65,829 as Federal Reserve Chair Kevin Warsh steps in to chair his first FOMC meeting. While traders analyzing whether the central bank will hike or hold this Wednesday have priced in a 3.50-3.75% rate hold at a 97.4% probability per the CME FedWatch tool, the true market driver remains Warsh’s impending forward guidance.

Robinhood cut 10% of its workforce as CEO Vlad Tenev flattens the organization and raises its performance bar.

Coinbase Global Inc. (NASDAQ: $COIN) is preparing to bring tokenized U.S. stocks onto its platform, expanding beyon...

Retail investors reassess growth favorites as Robinhood’s job cuts ripple through a market tilting toward industrial and financial stocks, today, June 16, 2026.

The online brokerage still has plenty of upside potential.

On Friday, SpaceX clinched the biggest IPO in the history of the U.S. equity market, raising more than $85 billion. On Tuesday, it followed that up with the biggest debut in the history of the U.S. options market.

Robinhood shares are in focus as management announces a new wave of layoffs. But these job cuts aren’t really bearish for HOOD stock. Find out more!

Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index ris

Robinhood Markets (NASDAQ: HOOD) was sliding in the morning market hours after it announced a fresh round of layoffs. At press time, HOOD stock was down 1.98%, trading near $96. However, ahead of the morning bell, the stock had gained between 3% and 5% in premarket hours. The Menlo ...

Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1

On June 16, 2026, SpaceX’s AI deal reshaped Nasdaq leadership and intensified momentum around high‑growth tech.

Prediction markets are transitioning from a forecasting tool into a substantial financial asset class. But what exactly are investors buying?

Robinhood is cutting hundreds of jobs even as profits rise and new products like prediction markets help bolster growth.

For the past two years, the story of AI on Wall Street has mostly been about speed. Faster research, faster summaries, faster answers to questions an analyst would otherwise spend an afternoon on. That story is now changing shape. The systems now being built are not just answering questions about ...

These stocks are down this year, but they could have tremendous upside in the long run.

Robinhood is letting go of 10% of its employees, attempting to streamline operations amid a downturn in crypto-related revenue.