Robinhood Markets (HOOD) purchases 55,273,469 shares originally acquired by Emergent Fidelity for $605.6 million, underlining management's confidence in their business.

Robinhood bought 55 million of its shares worth $605 million that Sam Bankman-Fried once owned. The stake was seized by the Department of Justice in January as part of charges against the FTX founder.

Brokerage firm Robinhood (HOOD) announced a $605.7 million share repurchase agreement with the United States Marshal Service (USMS) to buy back stock previously owned by FTX founder and former CEO ...

Robinhood Markets has repurchased $605 million worth of shares that previously belonged to Sam Bankman-Fried, the disgraced crypto mogul, capping a contentious ownership dispute.

The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year.

Robinhood's shares, which had been slumping in recent weeks, shot up after it announced it bought more than $605 million in shares that had previously been controlled by Sam Bankman-Fried.

Robinhood (HOOD) adds Bitcoin and Dogecoin to Robinhood wallet, thus increasing its crypto wallet's reach beyond the Ethereum ecosystem.

Robinhood Markets (NASDAQ: HOOD ) pioneered low-cost and no-cost self-directed investing. However, sometimes financial traders don't fully recognize Robinhood's true value.

MENLO PARK, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. (NASDAQ: HOOD) announced that it will be participating in the upcoming Goldman Sachs Communacopia & Technology C...

Robinhood has over $3 billion in bitcoin in a single wallet, a Coindesk report said. Citing data from Arkham Intelligence, the report said Robinhood is the third-largest bitcoin holder, behind Bina...

The Massachusetts top court rules in favor of the Secretary of State, Bill Galvin, leading to Robinhood's (HOOD) defeat in its case related to a state fiduciary duty rule.

Robinhood (NASDAQ: HOOD ) is a seamless choice for those interested in stock trading, ETFs, and cryptocurrency, unified within a single platform. Renowned as a leading online broker, it provides a ...

Robinhood generated $25 million of positive net income during Q2 2023. Cathie Wood continues to buy the stock and several banks on Wall Street are raising price targets.

The 11th U.S. Circuit Court of Appeals in Atlanta dismissed claims that Robinhood was negligent in failing to keep investors from losing money, or failed to ensure that its "mission critical system...