Robinhood ordered to pay $70m penalty to US regulator

Enlarge A Wall Avenue regulator has ordered the retail buying and selling platform Robinhood to pay greater than $70m in penalties for inflicting what it described as “widespread and important”… Read more

Robinhood says Gamestop volatility was a “1 in 3.5 million” black swan

Enlarge / Prepared, take intention, and let fly… (credit score: Aurich Lawson / Getty Photos) Robinhood’s transfer to quickly restrict purchases of GameStop and different extremely unstable shares in late… Read more

Tesla’s inventory soars as tens of 1000’s of Robinhood customers purchase it

Enlarge Tesla’s inventory reached an unprecedented intraday excessive of $1,760 on Monday, simply as tens of 1000’s of latest traders had been pouring into the inventory utilizing the net brokerage… Read more