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Robinhood's second venture fund debuts, drawing retail money into private markets
Reuters2d agoneutral
Robinhood's second venture fund debuts, drawing retail money into private markets

Robinhood's second venture fund debuted on Thursday, giving retail investors access to early-stage startups that have traditionally been ‌out of reach for all but venture capital firms and wealthy ‌investors. The fintech company raised $225.5 million in the initial public offering of Robinhood Ventures Fund II, which will ​invest in early- and growth-stage private companies. Robinhood shot to prominence in 2021 by democratizing investing for mom-and-pop investors with commission-free trading.

Robinhood Sees More Flows Into Bitcoin ETFs
Bloomberg4d agoneutralVIDEO
Robinhood Sees More Flows Into Bitcoin ETFs

Robinhood Senior Vice President and General Manager of Crypto Johann Kerbrat talks about investor sentiment around crypto, a hack of Coldcard wallets and how the business is expanding in the United Kingdom. He speaks on "Bloomberg Crypto."

Robinhood’s new venture fund comes with a bold risk label
TheStreet7d agoneutral
Robinhood’s new venture fund comes with a bold risk label

Starting Aug. 13, you can buy into 80 seed-stage startups on the New York Stock Exchange for $25 a share, with no accreditation required. Robinhood Ventures Fund II, trading under the ticker RVII, plans to raise $200 million through an initial public offering of 8 million shares. Goldman Sachs is ...

Jim Cramer makes bold call on controversial fintech stock
TheStreet8d agoneutral
Jim Cramer makes bold call on controversial fintech stock

Robinhood is one of those stocks that inspires strong opinions in both directions. The retail trading crowd loves it. Institutional investors have historically been suspicious of it. Critics have called it a glorified gambling app. Supporters also argue that it is democratizing finance in ways ...

Bloomberg10d agoneutral
Some 64% of Young Men Day Trading Stocks Feel Like Failures

(Bloomberg) -- Surging retail trading isn’t just transforming markets; it’s also highly correlated with demoralization in young men, according to a new study.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealSpaceX’s AI Splurge Puts Damper on Debut Earnings After IPOChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevOne-quarter of men

Bloomberg11d agoneutral
Big AI Bets Divide Venture Capital, Leaving Smaller Funds Behind

(Bloomberg) -- Early last year, venture capital firm Felix Capital set out to raise $600 million for its next fund, touting previous investments in fitness-machine maker Peloton Interactive Inc. and food-delivery service Deliveroo. But investors want to see returns from older funds before they commit new capital, and Felix is still $150 million short of its target, according to a person with knowledge of the matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBev

Bloomberg12d agoneutral
Robinhood Private Company Fund to Back Y Combinator Startups

(Bloomberg) -- Robinhood Markets Inc. kicked off formal marketing of its second publicly traded closed-end fund, which will focus on investing in private companies that have participated in startup accelerator Y Combinator’s programs.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedAlibaba Adds to China AI Breakthroughs With New Qwen Model Saudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosStocks, Bonds Rise as US-Iran Hopes Spur Oil Drop: Markets WrapTrump Say

Crypto exchange Coinbase reports third straight quarterly loss on trading slowdown
Reuters16d agoneutral
Crypto exchange Coinbase reports third straight quarterly loss on trading slowdown

Cryptocurrency ‌exchange Coinbase Global on Thursday ‌recorded a third consecutive quarter of losses, ​hurt by lower transaction revenue as a prolonged downturn in crypto markets curbed trading activity. Shares of the crypto ‌exchange were down ⁠4.9% in trading after the bell. Cryptocurrency markets came under ⁠pressure during the April-to-June quarter as investors shunned riskier assets amid ​uncertainty over ​U.S. interest rates, ​geopolitical tensions and ‌persistent outflows from crypto investment products.

Microsoft and Meta boost AI spending, but only one stock pays the price
Yahoo Finance Video16d agoneutralVIDEO
Microsoft and Meta boost AI spending, but only one stock pays the price

Scott Melker discusses the Federal Reserve's latest decision to hold interest rates steady, Meta (META) and Microsoft's (MSFT) increasing AI expenses, but only one stock is getting punished. Meanwhile, bitcoin (BTC-USD) continues to hover around $64,000, Melker explains why the cryptocurrency's resilience is a bullish sign despite the broader market uncertainty. "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.

Robinhood Markets Q2 Earnings Call Highlights
MarketBeat17d agoneutral
Robinhood Markets Q2 Earnings Call Highlights

Robinhood Markets (NASDAQ:HOOD) reported record second-quarter revenue, net deposits and platform engagement, while outlining continued investments in trading products, banking, international expansion and blockchain-based financial services. Revenue rose 32% year over year to a record $1.3 billion

Analysts hike Robinhood stock price target ahead of July 29 earnings
TheStreet18d agoneutral
Analysts hike Robinhood stock price target ahead of July 29 earnings

Robinhood Markets (Nasdaq: HOOD), the e-trading brokerage platform popular for its equity, crypto, and tokenized stock offerings, is set to report the earnings for Q2 2026 on July 29. Last quarter, the brokerage firm missed Wall Street estimates as it generated $0.38 in earnings per share ...

Robinhood CEO Vlad Tenev says X account was hacked
Reuters18d agoneutral
Robinhood CEO Vlad Tenev says X account was hacked

Robinhood CEO Vlad Tenev said on Tuesday ‌that a hacker had ‌posted fake content about a memecoin ​on his X account after it was compromised last week. "A fraudster socially engineered X customer support ‌to gain ⁠access, bypassing standard security features like 2FA and ⁠login notifications...," Tenev said in a post on X. The account ​was fully ​restored, and ​the post was ‌taken down later that day, Tenev said.