Robinhood beats Wall Street expectations with blockbuster earnings

Robinhood has come a long way from its Silicon Valley startup roots. Founded in 2013 by Stanford graduates Vlad Tenev and Baiju Bhatt, the company was built on a simple but revolutionary idea to make investing accessible to everyone. Before launching Robinhood, the duo developed trading software for Wall Street firms and noticed a striking imbalance that institutions were trading at near-zero cost, while ordinary investors paid steep commissions. Their response was to eliminate those fees altogether. The ...