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Robinhood Wants to Do More Business With Advisors. Referrals, AI, and IPOs Are Part of the Plan.
Barrons.com70d agoneutral
Robinhood Wants to Do More Business With Advisors. Referrals, AI, and IPOs Are Part of the Plan.

Robinhood Markets is expanding the services it can offer to registered investment advisory firms as the company seeks to drum up business for TradePMR, its unit that provides technology and asset-management and custody services to RIAs. At a company conference for advisors held this week in Washington, D.C., Robinhood unveiled new details about its client referral service, artificial intelligence capabilities, and access to IPOs for clients of RIAs. The moves signal how Robinhood intends to build on TradePMR, which it acquired just over a year ago.

Robinhood CEO launches bold agentic AI trading feature
TheStreet71d agoneutral
Robinhood CEO launches bold agentic AI trading feature

Wall Street has spent years talking about how artificial intelligence is changing how people invest. Robinhood just made that conversation very real. The new-age broker announced two new products that allow AI agents to act on your behalf within the Robinhood (HOOD) platform. I am not talking ...

Exec Edge71d agoneutral
Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq

Watch the interview below, or Click HERE: Tech Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ann Bowering, CEO, Issuer Services, North America at Computershare Limited (ASX: CPU.AX). The in-person interview was joined by Editor-at-Large Jarrett Banks and they discussed how large IPOs are bringing more retail investors into public markets, ways […] The post Digital Tools for Big IPOs: Computershare’s Issuer Services North America CEO Ann Bowering, Live at Nasdaq appeared first o

Robinhood announces major changes for Fourth of July
TheStreet71d agoneutral
Robinhood announces major changes for Fourth of July

Stock and crypto trading platform Robinhood Markets (NASDAQ: HOOD) is rolling out a big overhaul of its trading rules starting this Fourth of July. On June 1, Robinhood announced changes in line with new Financial Industry Regulatory Authority (FINRA) rules that replace the long-standing Pattern ...

IBM Shares Surge as Old Clip of Trump Praise Recirculates Online
Bloomberg72d agobullish
IBM Shares Surge as Old Clip of Trump Praise Recirculates Online

(Bloomberg) -- A nearly six-month old video of Donald Trump praising International Business Machines Corp.’s CEO sent the shares surging almost 9% on Monday, adding more than $24 billion to the company’s stock-market value. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-T

Crypto exchange Binance rolls out trading in US stocks, ETFs
Reuters72d agoneutral
Crypto exchange Binance rolls out trading in US stocks, ETFs

Crypto exchange Binance said on Monday it has launched stock and exchange-traded ‌fund trading for customers on its platform, ‌expanding beyond digital assets into traditional financial markets. • Binance said users will have access to more than 7,000 U.S. stocks and exchange-traded funds on its app, in addition to crypto ‌tokens. • Customers will ⁠also be able to buy fractional shares, allowing them to invest in portions of ⁠stocks with as little as $5, the crypto firm added.

Cathie Wood sells $12 million in surging stock
TheStreet74d agoneutral
Cathie Wood sells $12 million in surging stock

Veteran investor Cathie Wood once again executed one of the hottest trades on Wall Street when she trimmed her holdings in a surging crypto stock to buy a top defense stock. On May 29, Wood's investment firm ARK Invest sold 144,218 shares of Robinhood Markets (Nasdaq: HOOD). Founded by Stanford ...

Robinhood CFO Shiv Verma on Q1 earnings, prediction markets and growth
Stocktwits75d 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
Stocktwits75d 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
Benzinga75d 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

Robinhood now lets AI trade stocks on your behalf
TheStreet76d agoneutral
Robinhood now lets AI trade stocks on your behalf

For years, Wall Street's biggest players have quietly used artificial intelligence in the background to make investment decisions faster than any human could. Now, Robinhood (NASDAQ: HOOD) wants to bring that same power to everyday investors, including people who have never bought a ...

The App for Trump Accounts Will Launch Thursday. Here’s What to Know.
The Wall Street Journal77d agoneutral
The App for Trump Accounts Will Launch Thursday. Here’s What to Know.

The app where millions of Americans will be able to manage new Trump accounts for their children is set to launch Thursday, a Treasury department spokeswoman said. Account activation will begin for families who have already enrolled in the program. The app, built by Bank of New York Mellon and Robinhood, will be available in the Apple and Google app stores.

Robinhood opens platform to AI agents for trading, credit card purchases
Reuters77d agoneutral
Robinhood opens platform to AI agents for trading, credit card purchases

May 27 (Reuters) - Robinhood will allow customers to deploy AI agents to trade stocks on its platform and make purchases ‌on its credit card, the company said on Wednesday. The company ‌said its users will be able to create a dedicated trading account, separate from their primary ​one, and have their AI agents trade on their behalf.

Bloomberg77d agoneutral
Robinhood Launches AI Stock Trading, Purchases on Credit Cards

(Bloomberg) -- Robinhood Markets Inc. customers will soon be able to direct artificial intelligence agents to trade equities and make purchases on their credit cards for them.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivUS Strikes Targets in Iran Even as Trump Hails Progress

Who owns Amazon? Top executives and institutional investors
TheStreet79d agoneutral
Who owns Amazon? Top executives and institutional investors

Amazon is the biggest online retailer in the world, and its market capitalization of $2.9 trillion makes it the fifth-largest company. Its spectacular stock price gain since its IPO has made founder Jeff Bezos a billionaire many times over and minted millionaires among early investors who held onto ...