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Robinhood is up 160% this year, but several challenges are looming
CNBC· 2025-07-11 21:56
Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks.Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower.The reversal came after a Bloomberg report that JPMorgan plans to start charging fintechs for access to customer bank data, a move that could raise costs across the industry. For fintech firms that rely on thin margins to offer free or lo ...
Florida AG opens probe into Robinhood. Here's the latest
CNBC Television· 2025-07-11 15:59
Let's stick with crypto and a name that's often traded in tandem with those digital assets. That's Robin Hood. Now, some new headwinds might lead to a potential decoupling.For that, we'll turn to our Mackenzie Sagalas with that story. Morning, Mackenzie. Hey, good morning, Carl.Robin Hood shares actually hitting a fresh time all high this morning, up more than 150% this year as Bitcoin hits a new record and cryptolink stocks rally, but fresh headwinds could test that momentum. Florida's AG has opened a prob ...