Latest Stories
- Yahoo Finance Video
Robinhood had a big 2024. Here's what's driving its turnaround.
2024 was a big year for Robinhood (HOOD). The stock is up more than 220% over the past year as the company has expanded both its offerings and customer base. The company has yet to reach the all-time highs it saw during the meme-trading frenzy, but it's huge growth in 2024 was enough to earn it the title of Yahoo Finance's Comeback of the year. Looking back, Robinhood CEO Vlad Tenev describes 2022 as a "challenging" year for the company, but now the business is "much stronger, across pretty much all dimensions." Looking ahead, Tenev sees several tailwinds for Robinhood as the world grows wealthier, the internet makes it easier for people to transact, and AI and crypto drawing investors into the market. Tenev tells Yahoo Finance Executive Editor Brian Sozzi that he is "excited" about President-elect Donald Trump picking crypto-friendly Paul Atkins to lead the Securities and Exchange Commission (SEC). "We're looking forward to the end of the regulation-by-enforcement approach that has been bad for the industry, frankly, and bad for the public in the US," he says. Regarding comments Tenev made about potentially entering the sports betting world, he clarifies that he is referring to expanding an election-related product the company offered. "We're going to broaden that. We're going to have a more expansive, regulated events offering and these are CFTC derivatives [Commodity Futures Trading Commission], so federally regulated. There's all kinds of contracts and events that are permissible that we would want to allow people to trade." Watch the video above to hear why Robinhood is so focused on desktop traders. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
- Sky News
Gisele Pelicot trial: French court jails husband who organised the mass rape of his ex-wife
Dominique Pelicot, 72, had confessed to all the charges and admitted he mixed sedatives into the food and drink of his wife, Gisele Pelicot, so he could sexually assault her. All of the men were found guilty of at least one offence, with nearly all convicted of rape, after a trial which has shocked France and made headlines around the world. The jail term handed down to Dominique Pelicot is the maximum available for aggravated rape in France.
- Associated Press
Bosnia's capital Sarajevo chokes on toxic air as a thick blanket of winter fog rolls over the city
SARAJEVO, Bosnia-Herzegovina (AP) — Flights were grounded and people were told to stay indoors as a thick blanket of smog Thursday engulfed Bosnia's capital of Sarajevo as residents tried to cope with toxic air. The Swiss air quality technology company IQAir, which assesses air quality in real time, put Sarajevo’s air quality index, or AQI, at a “very unhealthy” 225, ranking the city as the third most-polluted in the world.
- Reuters
Analysis-US stocks face headwind from rising yields after Fed signals fewer rate cuts
NEW YORK (Reuters) -The rally in U.S. stocks is encountering a fresh hurdle -- a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025. The central bank's rate outlook on Wednesday included only two cuts in the coming year, rather than the four previously penciled in, catching investors off guard, and sending stocks tumbling while driving up yields and the dollar. That overshadowed the Fed's widely expected decision to reduce its benchmark rate for a third straight meeting.
- The Independent
Waspi women latest: Starmer faces growing Labour rebellion after ‘breaking promise’ on pensions compensation
Starmer’s Labour was accused of broken promises at PMQs over its decision not to pay compensation to 3.8 million Waspi women
- PA Media: UK News
Sixth person arrested on suspicion of 1994 taxi driver ‘execution’
Ethsham Ul-Haq Ghafoor was found dead in his taxi in November 1994 with his hands tied to the steering wheel.
- The Independent
Disney Treasure cruise first look: Adventures with Aladdin and Donald Duck
CRUISE: There is treasure to be uncovered on this new vessel, says Marc Shoffman, as he spends a nostalgic three nights on the water
- Simply Wall St.
Investors in Inspired (LON:INSE) have unfortunately lost 74% over the last five years
Inspired Plc ( LON:INSE ) shareholders should be happy to see the share price up 14% in the last month. But that...
- Yahoo Finance UK
FTSE 100 LIVE: Markets follow US lower as Bank of England expected to hold interest rates
Overnight, ten Federal Reserve officials estimated two interest rate cuts next year, fewer than four seen in September
- PA Media: Money
ICO criticises Google over ‘irresponsible’ advertising tracking change
The UK’s data protection regulator has criticised the tech giant over its decision to allow advertisers to ‘fingerprint’ user devices for tracking.
- The Independent
Gisèle Pelicot rape trial live: Dominique Pelicot sobs as he’s jailed for 20 years in mass rape trial
Ms Pelicot’s ex-husband Dominique Pelicot admitted to drugging and raping her for almost a decade
- Barrons.com
Traders Trim Fed Rate-Cut Bets After Powell's Pessimistic Presser
The Federal Reserve met markets' expectations with a quarter-point interest-rate cut on Wednesday, but Chair Jerome Powell's post-decision speech has put Wall Street in a foul mood. He signaled that with inflation still running clear of the central bank's 2% target, it might only lower borrowing costs twice this year.
- The Telegraph
Revealed: How much your water bill will rise
Households are facing a £157 increase in their water bills over the next five years under changes announced by the industry watchdog.
- BBC
Apple urged to axe AI feature after false headline
Reporters Without Borders has called for Apple to remove Apple Intelligence.
- Yahoo Movies UK
When will Sonic The Hedgehog 3 be released?
Sonic, Tails and Knuckles face a new threat in Sonic The Hedgehog 3. Here’s what we know about the sequel so far.
- Hello!
Queen Letizia stuns in fiery red ensemble alongside husband King Felipe
The Spanish royal attended a charity board meeting in Madrid
- People
Google Street View May Have Just Helped Police to Solve a Murder Case
Two people have been arrested after authorities saw images of a person loading a large white sack into the trunk of a car
- Insider Monkey
Why Is JPMorgan Chase & Co. (JPM) Among the Best Dividend Stocks to Invest In?
We recently compiled a list of the 10 Dogs of the Dow Dividend Stocks to Invest in. In this article, we are going to take a look at where JPMorgan Chase & Co. (NYSE:JPM) stands against the other dividend stocks. Dividend-focused investors are often drawn to stocks with high yields, shaping their strategies around acquiring such […]
- Evening Standard
Thank you London! Our Winter Appeal races past £3 million — and gets Sadiq’s support
Mayor calls on Londoners to ‘dig deep’ as This Day Foundation gives an extra £755,000
- Simply Wall St.
Is Now The Time To Look At Buying Cardlytics, Inc. (NASDAQ:CDLX)?
While Cardlytics, Inc. ( NASDAQ:CDLX ) might not have the largest market cap around , it saw a double-digit share price...