Platform News: Google

Alphabet eyes $2 trillion value after blowout results

Google parent company Alphabet advanced nearer to joining peers Apple and Microsoft in the elite $2 trillion market valuation club as the search giant’s shares surged more th...

Platform News: FinTech trading app Robinhood

Robinhood to permanently shift most employees to remote working

Robinhood has said it plans to move a majority of its 3,400 employees to remote work permanently, joining a slew of top tech firms embracing a hybrid culture.

Platform News: Cloud Computing giant AWS Amazon

Amazon cloud outage hits major websites, streaming apps

A major outage disrupted Amazon’s cloud services, knocking out streaming platforms Netflix and Disney+, Robinhood, a wide range of apps and Inc’s e-commerce ...

Robinhood Markets

Robinhood says email addresses of 5 million customers exposed in security breach

Robinhood Markets Inc has said a third party had obtained access to the email addresses of about five million of its customers.

Robinhood Markets on Wall Street

Robinhood expands offering that allows retail investors to buy into IPOs

Online brokerage Robinhood Markets Inc has said it would allow companies issuing shares through its IPO Access platform to set aside some stock for members of the public with ties ...

Robinhood Markets on Wall Street

Robinhood shares drop below IPO price in after-market trading on crypto slowdown

Robinhood Markets Inc’s shares fell below their initial public offering price in after-hours trading after the retail broker reported softer revenue than expected for the thi...

Platform News: GameStop

US SEC praises equity market structure, absolves short sellers in GameStop report

The US markets functioned well during January’s GameStop volatility, while short selling was not the main cause of the unprecedented rise in the ‘meme stock,’ acc...

Platform News: FinTech trading app Robinhood

Robinhood introduces 24/7 phone support after communications criticisms

Robinhood Markets Inc has said it had introduced 24-hour customer phone support, seven days a week, addressing criticisms over the app-driven retail brokerage’s communication...

Robinhood Markets

Robinhood to begin testing crypto wallets, with broader launch in 2022

Robinhood Markets Inc said it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencie...

Crypto Coins

Interactive Brokers launches cryptocurrency trading

Interactive Brokers Group has said it has launched low-fee cryptocurrency trading on its platform, making it the latest online retail brokerage to add digital assets to its offerin...

Platform News: GameStop

GameStop shares drop as executives mum on turnaround plan details

GameStop Corp, at the center of this year’s “meme stock” trading frenzy, reported a 25% jump in quarterly sales but failed to lay out fresh details about how it p...

Platform News: Reddit is a mainstay of group-based social media

A Reddit IPO? Company seeks to hire advisers

Reddit Inc, the operator of online message boards that became the go-to destination for day traders chasing this year’s frenzy for so-called meme stocks, is seeking to hire i...

Robinhood Markets

Robinhood shares fall after PayPal news, SEC scrutiny of revenue stream

Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on news that PayPal Holdings Inc may start an online brokerage and a report saying reg...

Robinhood Markets

Wall Street analysts bet on Robinhood’s potential to add users

Wall Street analysts took a largely upbeat view on Robinhood Markets Inc in their first ratings on the stock as they bet on the online brokerage’s ability to boost its user b...

Robinhood Markets on Wall Street

Robinhood’s shareholders: are crypto wallets coming and do we get hoodies?

When Robinhood Markets Inc reports quarterly financial results for the first time since going public, its retail shareholders want to know when cryptocurrency wallets are coming an...