Robinhood Has Lost its One True Advantage

Text size Robinhood’s stock was trading higher on Friday even after disappointing fourth-quarter results. Dreamstime Robinhood Markets posted a wider-than-expected loss in the fourth quarter and...

Indonesian Regulator Moves to Ban Financial Services Firms by Dealing with Crypto

Indonesian market watchdog, the Otoritas Jasa Keuangan (OJK) has warned all financial service outfits operating in the country to abstain from dealing or facilitating transactions bordering on digital...

Indonesia’s Regulator Bans Financial Institutions From Dealing In Crypto

The top regulatory body in Indonesia has told financial firms in the country to stay clear of facilitating all transactions that involve cryptocurrency. Indonesia’s watchdog cited concerns regarding m...

Biden Administration Preparing To Release Government-Wide Strategy for Dealing With Digital Assets: Report

The Biden administration is reportedly expected to take sweeping action on the digital asset space in the weeks ahead. According to a new Bloomberg report, a number of unnamed insiders reveal that sen...

Goldman Sachs Stock Is a Buy—Even After a Disappointing Quarter

The lobby of the Goldman Sachs headquarters building in lower Manhattan. Goldman had a strong 2021, although trading slowed in the fourth quarter. Victor J. Blue/Bloomberg Text size Goldman Sachs Grou...

These 3 Bank Stocks Won Earnings Season. They’re All Worth Buying.

Text size Wells Fargo is a good play for investors who can stomach a little uncertainty. Dreamstime This bank earnings season has had its winners and losers, but the winners couldn’t be more different...

Opinion: On the 1-year anniversary of the big short squeeze, GameStop bulls tried to relive their first attack, and that’s the problem

It has been one year since retail traders began their unprecedented move on GameStop stock GME, +3.59%, sending the price soaring and short sellers scattering, creating both a Wall Street panic and th...

Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report – Bitcoin News

Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) wh...

Wells Fargo Rally Shows Warren Buffett’s Mistake in Selling Big Stake in Bank

Text size Warren Buffett Drew Angerer/Getty Images One of Warren Buffett’s worst investment moves in an otherwise fabulous career was Berkshire Hathaway ‘s sale in 2020 of a big stake in Wells Fargo a...

Singapore Government Officials Urge Citizens To Use Caution When Dealing With Cryptocurrencies

While Singapore is going out of its way to become a hub for cryptocurrencies, officials have also sounded out the need to be cautious when dealing with crypto and chasing investment opportunities in t...

Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’

When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...

Opinion: A 27-year-old truck driver just became Robinhood’s first big headache of 2022

Less than a week into the new year, a 27-year-old truck driver from Connecticut might have given Robinhood HOOD, -1.76% a whole new thing to be worried about in 2022. On January 6, an arbitrator for t...

Robinhood Is Making Changes. Keep an Eye on Its Stock.

Text size Tiffany Hagler-Geard/Bloomberg Robinhood Markets stock is in the doldrums, down more than 50% from its initial public offering price in July. The company is making moves to reverse that decl...