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Today β€” 14 January 2025Yahoo! Finance: Robinhood News
Yesterday β€” 13 January 2025Yahoo! Finance: Robinhood News

Robinhood to Pay $45 Million SEC Settlement Over Data Breach, Other Violations

13 January 2025 at 22:19
Two brokerage units of Robinhood Markets agreed to pay $45 million to settle an investigation by the Securities and Exchange Commission into a range of alleged violations, including one stemming from a 2021 data breach that exposed millions of customer names and emails. The settlement is the latest in a string of big penalties paid by Robinhood as it has grown from a disruptive startup into a more established financial firm. In the November 2021 breach, email addresses for about five million Robinhood users were exposed, as were the full names of a different group of about two million users, the Menlo Park, Calif.-based company said at the time.

Robinhood to pay $45 million to settle SEC charges over record keeping, other violations

13 January 2025 at 21:46
Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday. Regulators found two Robinhood firms failed to comply with a broad array of requirements including accurately reporting trading activity, filing timely reports of suspicious activity, maintaining records on work communications and complying with short sale rules, said SEC acting director Sanjay Wadhwa in a statement. A representative for Robinhood said in a statement the firm is pleased to have resolved the matters.

Robinhood to Pay $45 Million to Settle SEC Claims

13 January 2025 at 23:26
(Bloomberg) -- Two units of Robinhood Markets Inc. agreed to pay $45 million in civil penalties to settle a range of US Securities and Exchange Commission allegations, the regulator said Monday. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionRobinhood Securities LLC and Robinhood Financial LLC’s missteps include failing to report susp

Prediction-Markets Venue Kalshi Appoints Donald Trump Jr. as Adviser

13 January 2025 at 10:30
Donald Trump Jr. is joining prediction-market startup Kalshi as a strategic adviser, a hire that could help the company expand its betting business. The platform burst into the spotlight during the recent election, when many traders turned to its yes-or-no contracts to wager on whether Kamala Harris or Donald Trump would win the contest. A day before the election, bettors on Kalshi assessed the chances of a Trump victory at about 55%β€”correctly anticipating the result.
Before yesterdayYahoo! Finance: Robinhood News

Jim Cramer Says You Should Stay Away from Robinhood Markets (HOOD) For Now

12 January 2025 at 15:29
We recently published a list of Jim Cramer’s Latest Lightning Round: Top 10 Stocks. In this article, we are going to take a look at where Robinhood Markets, Inc. (NASDAQ:HOOD) stands against other top stocks from Jim Cramer’s Latest Lightning Round. Jim Cramer in a recent program on CNBC recommended investors to avoid worrying when […]

Robinhood price target raised to $45 from $25 at Citi

11 January 2025 at 12:35
Citi raised the firm’s price target on Robinhood (HOOD) to $45 from $25 and keeps a Neutral rating on the shares as part of a 2025 outlook for the brokers and asset managers. The focus in the brokerage space has shifted from cash balances and rate expectations to β€œsurging retail activity and growth trends after positive equity market tailwinds post-election,” the analyst tells investors in a research note. The firm believes the group has priced in continued growth from here and wants to β€œcontinu

Does Robinhood Markets (HOOD) Have a Runway For New Growth Opportunities?

10 January 2025 at 13:45
ClearBridge Investments, an investment management company, released its β€œClearBridge Growth Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. Due to stock-specific weakness in a handful of holdings and a lack of exposure to several of the top-performing, higher-beta growth companies, the strategy underperformed its benchmark the Russell Mid Cap […]

Analyst Predicts Strong Earnings For Brokers Amid Solid Retail Engagement: Virtu Financial, Robinhood, And BlackRock Under The Spotlight

8 January 2025 at 19:53
BofA Securities analyst Craig Siegenthaler forecasts the major earnings beats for brokers this earnings season, steered by accelerating retail engagement. Siegenthaler also sees broad-based beats for traditional firms, supported by strong markets, foreign exchange, and higher management fees and non-operating income. Here are a few of the most considerable companies, along with the analyst’s insights on them: Virtu Financial, Inc. (NASDAQ:VIRT): The analyst reiterated a Buy rating on the stock,

High Insider Ownership Growth Stocks On US Exchange In January 2025

8 January 2025 at 11:03
As the United States market grapples with rising Treasury yields and a tech sector selloff, investors are closely monitoring economic data that could influence Federal Reserve rate decisions. In this environment, growth companies with high insider ownership can offer unique insights into potential resilience and long-term value, as insiders often have a vested interest in the company's success.

Bitcoin breaks back above $100K: What are the key drivers?

7 January 2025 at 16:22
Johann Kerbrat, Robinhood (HOOD) Crypto general manager and vice president, joins Brad Smith and Seana Smith on Morning Brief to discuss bitcoin (BTC-USD)’s recent climb back above $100,000. Kerbrat explores some of the big drivers behind the recent rally. "After the election that we've seen in November, a lot of people are a lot more excited to get into the space because there is this idea of regulatory clarity coming up," he explains. Despite bitcoin's recent rally, Kerbrat suggests that the cryptocurrency's future is still uncertain. "There is a lot of capacity for the price to move and for the assets to be used in a lot of different ways," Kerbrat says. "There is a lot more that we have to see in the next few months before we can really decide how far Bitcoin can go." In the video above, Kerbrat shares more insight on the future of cryptocurrency, explains the importance of new tools for investors, and shares which milestones to watch for as bitcoin's journey continues. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch
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