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Week’s Best:  Super Bowl Party May Cost J.P. Morgan Millions
Barrons.com115d agoneutral
Week’s Best: Super Bowl Party May Cost J.P. Morgan Millions

JPMorgan Chase’s J.P. Morgan Securities has been ordered to pay $4.25 million to a broker who claimed he was wrongfully terminated and defamed by the firm, which he accused of then poaching his clients. Brent Bodner, now with Wells Fargo, said he hosted a party for clients and prospects, but J.P. Morgan argued that the get-together violated its policy regarding business-hospitality expenses. J.P. Morgan says it will challenge the award.

Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth
Stocktwits115d agoneutralVIDEO
Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth

Robinhood CFO Shiv Verma provides insights into the company's first-quarter earnings, emphasizing the health and engagement of retail investors. He details the performance of new offerings such as prediction markets and the Gold credit card, and outlines Robinhood's long-term strategy to become a global financial ecosystem, focusing on active traders and wallet share.

Robinhood CFO Shiv Singh on Q1 earnings, prediction markets and growth
Stocktwits115d agoneutralVIDEO
Robinhood CFO Shiv Singh on Q1 earnings, prediction markets and growth

Robinhood CFO Shiv Singh provides insights into the company's first-quarter earnings, emphasizing the health and engagement of retail investors. He details the performance of new offerings such as prediction markets and the Gold credit card, and outlines Robinhood's long-term strategy to become a global financial ecosystem, focusing on active traders and wallet share.

Kalshi Joins CFTS In Suing Minnesota Over Prediction Markets Criminalization
Benzinga115d agoneutral
Kalshi Joins CFTS In Suing Minnesota Over Prediction Markets Criminalization

Kalshi sued Minnesota in federal court this week, joining Donald Trump‘s Commodity Futures Trading Commission in challenging a law signed by Tim Walz that would make the state the first to criminalize prediction markets starting Aug. 1. Walz signed the bill May 18, and the CFTC filed its challenge the following day. Kalshi joined this week with its own complaint targeting state Attorney General Keith Ellison, Walz and gambling enforcement chief John Anglin. State lawmakers framed the measure as

SoFi Technologies Surges 12% on Stablecoin Launch; Robinhood, Upstart Extend Fintech Bounce
24/7 Wall St.115d agobullish
SoFi Technologies Surges 12% on Stablecoin Launch; Robinhood, Upstart Extend Fintech Bounce

SoFi Technologies (NASDAQ:SOFI) stock is ripping in early Friday trading, up 12% to around $19, as investors react to the company’s push into bank-issued stablecoins. The pop builds on a fintech bounce that started earlier this week. The rally is extending across SoFi’s peers. Robinhood Markets (NASDAQ:HOOD) stock is ticking up another 1% to approximately ... SoFi Technologies Surges 12% on Stablecoin Launch; Robinhood, Upstart Extend Fintech Bounce

Robinhood’s Agentic AI And Trump Accounts Shift Growth And Risk Profile
Simply Wall St.116d agoneutral
Robinhood’s Agentic AI And Trump Accounts Shift Growth And Risk Profile

Robinhood Markets (NasdaqGS:HOOD) has rolled out agentic AI trading tools and AI-powered credit card features for retail customers. The new products allow users to delegate portfolio management and day to day spending decisions to AI agents with embedded safety controls. Robinhood has also partnered with the U.S. Treasury to launch federally seeded Trump Accounts, giving millions of children starter investment accounts. Robinhood built its business by giving retail investors low cost, app...

Robinhood hands AI agents the keys to its trading platform and credit card
Proactive117d agoneutral
Robinhood hands AI agents the keys to its trading platform and credit card

Robinhood Markets Inc (NASDAQ:HOOD), the US retail brokerage, has launched a service that allows artificial intelligence agents to autonomously trade stocks and make credit card purchases on behalf of its 27.5 million customers. The move, announced on Wednesday, represents one of the first...