Robinhood Markets Stock News

Investing platform Robinhood (HOOD 1.18%) surged in popularity during the COVID-19 pandemic, as people turned to investing with the "extra" cash they had due to stimulus checks while not spending it on other discretionary activities.

Tech companies have long been enamored by the idea of building social networks within their apps. Adding a social element can make a platform stickier and more valuable long-term.

Robinhood CEO Vlad Tenev laid out the advantages and disadvantages he has compared to big banks. He said he can move faster, but doesn't have the same scale or regulatory chops.

Robinhood announced Monday it has filed an application with the U.S. Securities and Exchange Commission to launch a new publicly traded fund that will hold shares of startups.

Robinhood is introducing a fund designed to expand retail investors' access to private markets. The trading platform announced Monday (Sept.

The S&P 500 (^GSPC -0.05%) is widely accepted as the most comprehensive benchmark of the U.S. stock market, made up of the 500 leading publicly traded companies in the nation. Given the extensive reach of the businesses that make the index, it is regarded as the most reliable measure of overall stock market performance.

Robinhood invited its most engaged customers to Las Vegas and gave them the VIP treatment — because they're too valuable to lose.

If you still think of Robinhood (HOOD -2.29%) as a trading platform for the risky retail investor, you've been missing what's happening at the financial services company. Although retail investing is still its bread and butter, it has evolved into a large fintech company with a broad range of services.