Categories gamestop

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How Robinhood’s explosive growth rate came to be

This afternoon Robinhood filed to go public. TechCrunch’s first look at its results can be found here. Now that we’ve done a first dig, we can take the time to dive into the company’s filing more deeply. Robinhood’s IPO has long been anticipated not only because there are billions of […]

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Trading platform eToro to go public via SPAC merger in $10B deal

Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal. Once the transaction closes sometime in the third quarter, the combined company will operate as eToro Group Ltd. and is […]

Institutional trust is the real meme

Hello friends, this is Week in Review. Last week, I dove into the AR maneuverings of Apple and Facebook and what that means for the future of the web. This week, I’m aiming to touch the meme stock phenomenon that dominated American news cycles this week and see if there’s […]

This Week in Apps: GameStop madness hits trading apps, Apple privacy changes, Clubhouse becomes a unicorn

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion […]

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This Week in Apps: GameStop madness hits trading apps, Apple privacy changes, Clubhouse becomes a unicorn

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion […]

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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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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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SEC issues statement on past week’s turbulent market activity prompted by Reddit-fueled GameStop run

The U.S. Securities and Exchange Commission (SEC) has issued an official statement on the tumult of the past week in the public stock market. It’s a relatively brief statement and doesn’t mention any of the key players by name (aka GameStop, Reddit, Robinhood and others), but it does acknowledge that […]

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Robinhood raises $1B after trading halts to keep its platform running

After a turbulent week for the stock market and halts to the trading of certain speculative securities including GameStop (GME) and AMC, consumer investing app Robinhood has raised new capital. The new funds total more than $1 billion, with the company telling TechCrunch that they were raised from its existing […]