This acquisition will bring Bitstamp's globally-scaled crypto exchange to Robinhood, with retail and institutional customers across the EU, UK, US and Asia. Acquiring a global exchange will significantly accelerate Robinhood Crypto's expansion worldwide. Bitstamp holds over 50 active licenses and registrations globally and will bring in customers across the EU, UK, US and Asia to Robinhood. Expected to close in the first half of 2025, subject to customary closing conditions, including regulatory approvals. ...

This acquisition will bring Bitstamp's globally-scaled crypto exchange to Robinhood, with retail and institutional customers across the EU, UK, US and Asia. This strategic combination better positions Robinhood to expand outside of the US and will bring a trusted and reputable institutional business to Robinhood. Expected to close in the first half of 2025, subject to customary closing conditions, including regulatory approvals. MENLO PARK, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. ( ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Many investors might apply this logic to the stock market. It's true that a well-timed investment can create millionaires, and poorly-timed investments can wreck fortunes. However, the quality of the investment is more important than timing. A high-quality investment could continue strong growth and even outperform for years to come. The S&P 500 and Nasdaq Composite are each up more than 10% year to date, but some stocks have performed far better than those indexes. A panel of Motley Fool contributors exami ...

There is a clear winner in this battle of the online brokers. The S&P 500 index plunged into a bear market near the start of 2022 that bottomed out in late October. The current bull market started then, but final confirmation that bull market was actually underway didn't come until new all-time highs were hit in late 2023. The bull continues to march higher in 2024, setting multiple record highs along the way. That volatility can be unsettling for some investors, but it's what the brokerage firms that serve ...

Robinhood (HOOD 3.00%) announced a $1 billion share buyback program on Tuesday, and this could be a great use of the company's cash. In this video, Travis Hoium shows why the company made this decision and why this could provide fuel to the stock long-term. *Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024. A $1 billion buyback could provide fuel to Robinhood stock. ...

Shares of Robinhood Markets, Inc. (HOOD) gained 4% in the after-market trading following the company's announcement of a share buyback plan. HOOD announced that its board of directors approved a share repurchase program authorizing it to repurchase up to $1 billion of its outstanding common stock. While the plan does not have an expiration date, the company expects to buy back shares over two to three years, starting from third-quarter 2024. The repurchase program does not obligate HOOD to acquire any parti ...

Robinhood Markets (NASDAQ:HOOD) stock is advancing in early trading after the financial services company yesterday revealed that it would buy back $1 billion of its own shares. As a result of the news, HOOD stock is trending on social media and on financial news websites. Robinhood added that the repurchases demonstrate its "confidence" in its "financial strength and future growth prospects." The company noted that it had also made the move in order to return value to its shareholders. HOOD Stock: A Double ...

Key Takeaways Robinhood (HOOD) shares jumped more than 4% in extended trading on Tuesday after the online discount brokerage firm unveiled a $1 billion stock buyback program, signaling its coming of age as mature financial services provider. The company, which targets millennial and younger retail traders, said it would repurchases the shares over a two to three year period, starting from the third quarter of this year. "As our business and cash flow have continued to grow, we're excited to announce a $1 bi ...

Coinbase Global: Breaking Out of the Downtrend Coinbase Global Today Key Points Shares of Coinbase Global NASDAQ: COIN and Robinhood Markets NASDAQ: HOOD are capturing significant attention. Both stocks display promising technical patterns indicative of potential breakouts. Let's delve into the current setup for these two retail favorites and explore why they might be poised for further upside, alongside a snapshot of key fundamentals. Get Robinhood Markets alerts: ▼ $283.48 COIN Coinbase Global P/E Ratio 4 ...