Business

Robinhood’s new earnings report raises concerns about the company’s reliance on crypto trading

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Robinhood shares fell more than 10% and dipped below their IPO price following their third-quarter earnings report, with the main culprit being a sharp decline in crypto-related revenues that dragged down the company’s results. Read More

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Tech stocks Can Muster another 15 Percent this year Using a Biden Triumph and Divide Congress, States analyst

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Tech is back into this match. Following a tumultuous couple weeks to the business which saw that the tech-heavy Nasdaq drop more than 5 percent a week, a few analysts are more bullish than ever about technology stocks since a market-favored election result is appearing more probable: some Biden presidency using a broken Congress. But […]
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Still another Marvel under China’s boot

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It is a well-worn small business strategy: Pose as a {} disruptor and all of the obligations which place back incumbents. Frequently the playbook entails identifying as a tech firm. For decades, Mark Zuckerberg insisted Facebook has been a media firm ; because of this, it did not need to comply with this business’s rules. […]
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Can Peloton become Netflix?

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Peloton was a risky bet even among venture capitalists. At its core, the company sells a piece of hardware with virtual cycling lessons, a model skeptics say is easily copyable. They aren’t wrong: As Peloton has grown in the pandemic, so have its rivals including NordicTrack and fitness equipment maker Nautilus. Despite the naysayers, Peloton […]