Category: finance
Robinhood limits users to a single share of GameStop and other stocks
Robinhood has detailed its latest step in the complex quagmire of market manipulation that is this week’s GameStop hedge fund Reddit army debacle. Users will for the present be limited to holding a single share of GameStop and dozens of other stocks. Several stocks were limited to five shares, and…
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Daily Crunch: Robinhood restricts GameStop trading
The GameStop stock saga continues, Apple releases more details about its privacy changes and Qualtrics goes public. This is your Daily Crunch for January 28, 2021. The big story: Robinhood restricts GameStop trading Robinhood has responded to an upsurge in retail investors buying shares in companies like GameStop, AMC and…
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The somewhat boring reason it appears that Robinhood yanked trading on some securities
After enduring a day’s worth of taking a beating across social media, government, and the various app stores of the mobile world, Robinhood took to its own blog and CEO’s Twitter account to explain why it had halted trading of some stocks earlier today. That Robinhood had restricted trading in a…
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Robinhood and Reddit top the App Store, as trading apps surge following GameStop mania
The GameStop mania didn’t just drive up the stock price of a declining video game retailer, it’s also sent trading apps and others to the top of the App Store, due to record-breaking downloads. Today, the popular trading app Robinhood has become the No. 1 app overall on the App…
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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort
Catalyst Fund, a global accelerator managed by BFA Global, announced the 8th cohort for its Inclusive Fintech Program today. The accelerator, backed by the JP Morgan Chase and Bill & Melinda Gates Foundation, runs the flagship program annually. With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected…
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Charlie launches a mobile app that ‘gamifies’ getting out of debt
Charlie, a personal finance app that began as a chatbot, is relaunching today with a revamped experience focused on the larger goal of helping everyday Americans get out of debt. To do so, Charlie presents users with a full picture of their current debt and how long it will take…
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