robinhood

Popular investing app Robinhood said Monday that it suffered a security breach last week where hackers accessed some personal information for roughly 7 million users and demanded a ransom payment.

The Silicon Valley startup has drawn red flags about suspicious account activity but says it is increasing its customer service resources. Randy Mac reported on NBC4 News on Monday, April 5, 2021.

The CEO of Robinhood defended the trading platform to Congress Thursday for its actions during the GameStop trading saga, while apologizing to customers for restricting their ability to trade at the height of the frenzy

While the broader public may have gotten its first glimpse this week of the troubling and addictive nature of trading apps like Robinhood, gambling experts, finance watchers and even rival trading apps have long been thinking about how to address these problems, NBC News reports. “The online day trader with problems is indistinguishable from the online gambling addict,” said Keith...

Amid the Wall Street drama surrounding GameStop and Robinhood, some investors taking part in the GameStop short sale are using their proceeds to do good deeds for others.

If you’ve been having trouble following the Wall Street drama around GameStop and Robinhood, you’re not alone. So we called on Apple Crider, who gives financial advice on YouTube and TikTok, to explain what it all means.

Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors

What you need to know to keep your money safe. Randy Mac reported on NBC4 News on Monday, Jan. 11, 2021.

Robinhood agreed to pay a $65 million civil penalty, without admitting or denying SEC’s findings.

Whether you’re a seasoned investor or a novice just sticking your financial toes into the water for the first time, the appeal of an app like Robinhood isn’t hard to miss.

Much like the fictional character for which it’s named, the stock app Robinhood which allows investors to purchase fractional shares of stock may leave many poorer if they don’t do their research ahead of time.