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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 ...
NFT Limited Announces Filing of the 2024 Annual Report on Form 20-F
Globenewswire· 2025-07-11 20:05
Hong Kong, July 11, 2025 (GLOBE NEWSWIRE) -- NFT Limited (“MI” or the “Company”) (NYSE: MI) today announced that on April 30, 2025, the Company filed its annual report on Form 20-F for the year ended December 31, 2024 (the “Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”). In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at www.nftoeo.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of ...
HOOD Faces Legal Probe in Florida: Will Regulatory Woes Derail Growth?
ZACKS· 2025-07-11 16:20
Key Takeaways Florida AG is investigating Robinhood Crypto for deceptive claims about its crypto platform pricing. HOOD must respond to a subpoena by July 31 as part of the state's probe under consumer protection laws. HOOD has paid over $70M in fines this year and is under EU scrutiny for its tokenized equity products.Florida Attorney General James Uthmeier has initiated an investigation into Robinhood Crypto, LLC, a subsidiary of Robinhood Markets, Inc. (HOOD) . As part of the investigation, a subpoena ...
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 ...
