Robinhood Markets Inc is a financial technology company that provides a digital platform for trading stocks, options, and cryptocurrencies
Designed to make investing accessible to a broader audience, Robinhood offers commission-free trades and has gained popularity for its user-friendly mobile app, which allows users to buy and sell financial instruments with ease. In addition to its trading services, the company also offers features such as cash management, educational resources, and research tools, aiming to empower investors of all experience levels to take control of their financial futures.
The past week in the financial world was nothing short of eventful. From Ripple’s legal victory to GameStop’s new Bitcoin strategy, there was no shortage of intriguing developments. Let’s dive into the top stories of the week. XRP’s Legal Win: A Boost Amid Stablecoin Surge
NEW YORK, March 30, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Robinhood Markets, Inc. (“Robinhood” or the “Company”) (NASDAQ: HOOD). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
Knowing which stocks to hold for the long term and which to sell before they drag down your portfolio is a challenge every investor faces at least once in their journey.
Shares of financial services company Robinhood (NASDAQ:HOOD)
fell 7.3% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
Robinhood Markets Inc. has launched Robinhood Cortex on Wednesday, with early access granted to Gold members, an AI-powered investment tool designed to offer real-time analysis, trade suggestions, and market insights.
SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower Thursday in possible reaction to Robinhood Markets Inc (NASDAQ:HOOD) announcing new financial services, including Robinhood Banking.
Robinhood Markets Inc. is transforming its business model by launching an integrated suite of financial services designed to attract retail investors seeking more sophisticated private banking and investment solutions.
Shares of financial services company Robinhood (NASDAQ:HOOD)
fell 8.7% in the afternoon session after stocks pulled back (Nasdaq -2.0%, S&P 500 -1.5%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Venezuela, which could translate to a 45% tariff on some Chinese goods. This announcement could significantly raise the operating costs for affected companies and institutions.
