Robinhood has yet to address the apparent platform-wide outage of its trading services across the mobile app and website. Summary Thousands of Robinhood users reported being unable to do trades Traders are complaining about being unable to close positions, which can result in losses Scammers are already trying to exploit the situation with phishing messages
Despite comparing it to a money market or high yield bank account as recently as September 29 and planning expansions to cater to euro, pound, or yen investors across the globe, Michael Saylor has admitted that he’s not been able to sell any of his $4.2 billion worth of stretch (STRC) at-the-market (ATM) offering. On
Stocks rose slightly on Monday as Wall Street opened on a positive note, with Paul Tudor Jones saying he sees stocks hitting new record highs before a blow-off top. Summary U.S. stocks edged higher on Monday as investors continued to look past the government shutdown. Paul Tudor Jones told CNBC that stocks could rally more
Blockchain lender Figure Technologies (FIGR) has “tremendous growth headroom” according to analysts at investment firm Bernstein, earning it an “outperform” rating and a new price target of $54 per share. The new price target hints at more than 30% upside based on Monday’s opening FIGR trading price of $41.02. Shares of FIGR were up 6.4%
Shares of Leap Therapeutics (LPTX) climbed 25% after the microcap cancer drug developer announced a $58.9 million private investment led by Winklevoss Capital to kickstart a crypto treasury strategy. The investment, structured as a private placement, includes common shares and warrants priced at $0.61439 per unit. Winklevoss Capital, founded by Cameron and Tyler Winklevoss, will
Advanced Micro Devices (NASDAQ: AMD) shares erupted higher in pre-market on Monday after OpenAI confirmed a multi-gigawatt GPU supply deal that could generate over $100 billion in revenue for the chipmaker in just the next four years. At its peak, the stock spiked more than 26% intraday, one of the sharpest single-day moves in AMD’s
Galaxy Digital, a crypto investment firm founded by former Fortress Investment Group president Michael Novogratz, is launching the GalaxyOne platform, offering exposure to both crypto and traditional finance (TradFi) markets. Galaxy Digital has launched GalaxyOne, a platform combining exposure to yields on fiat cash with trading cryptocurrencies and equities, the company announced on Monday. Targeting
Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin)
Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in bringing blockchain to credit markets, the broker said in a Monday report. The stock was 2% higher in early trade, around $41.10. Bernstein said Figure is doing for lending what stablecoins did for payments, tokenizing
Shares of Galaxy Digital rose 8% in premarket trading Monday as the company rolled out GalaxyOne, a mobile and web platform built to give retail investors access to a blend of cash, crypto, and equity investing tools, with yield at the core. The app gives users access to FDIC-insured high-yield cash accounts, crypto trading, and