Google-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7%
Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company.
Robinhood to Cut 7% of Its Staff after Two Rounds of Layoffs
If implemented, it will mark the third round of layoffs for Robinhood in just over one year. The brokerage firm laid off 9% of its workers in April 2022 and 23% in August of the same year.
Robinhood Web3-Enabled Wallet Is Now Available to iOS Users
By
Darya Rudz
With iOS users able to enjoy the benefits of Robinhood Wallet now, an Android-compatible version will be launched later this year.