Weekend reads: Robinhood’s IPO plans, and how to get a pay raise

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MarketWatch’s Thornton McEnery digs into the S-1 filing from Robinhood HOOD, , the $12 billion company that wants to “democratize finance for all,” and finds the five most eye-popping disclosures in the long-awaited IPO filing.

The job market is hot — so can you get a raise? The Labor Department said 850,000 jobs were added in June, pushing the S&P 500 SPX, +0.75% and Nasdaq Composite COMP, +0.81% to yet more intraday records.Also read: This is the No. 1 reason unemployed Americans aren’t looking for work And where should I retire? This couple is looking for a small town with hiking, biking and kayaking opportunities, preferably in the Mid-Atlantic or the Mountain West. What would you suggest?This week’s heat wave is a retirement issue — six ways to build climate change into your retirement planning

 

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Robinhood Reveals $80 Billion In Assets And $1.4 Billion Quarterly Loss Ahead Of IPOThe buzzy online brokerage's long-awaited public-market debut is reportedly being held up by regulators. Who will 'buy in' to a company losing 1.4 billion Only meme idiots !! Does that mean it gets to steal money and give to itself?
Source: Forbes - 🏆 394. / 53 Read more »

The 5 most eye-popping disclosures in Robinhood’s long-awaited IPO filingFrom massive growth to a whopping amount of dogecoin to LOTS of lawsuits, these 5 things in Robinhood's IPO filing caught our eye. wow wow Manipulation which Jim Cramer says SEC_Enforcement will not understand.... true, else he won't still be on TV.... 👉 HedgeFunds AMC $AMC $GME TradesTrey matt_kohrs Joshuajammes business SquawkCNBC CNBC AOC jimcramer
Source: MarketWatch - 🏆 3. / 97 Read more »

Krispy Kreme raises $500 mln after pricing U.S. IPO below rangeDoughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a lukewarm reception from investors during one of the busiest weeks for stock market debuts in the United States.
Source: Reuters - 🏆 2. / 97 Read more »

Robinhood IPO Filing Shows Power of the Meme-Stock BoomThe trading app, which is set to be the buzziest company to tap the U.S. IPO market this summer, generated $522 million of revenue in the first quarter, more than quadruple its level from a year earlier. When are they going to start paying back all the customers the money that they owe from every person stock
Source: WSJ - 🏆 98. / 63 Read more »

Robinhood to pay $70-million penalty after regulator says it misled millions of usersRobinhood Financial will pay a record $70-million penalty to settle allegations from the United States’ brokerage regulator. The case represents the largest financial sanction ever ordered by the Financial Industry Regulatory Authority. They always want to stop the new kid on the block. If this was a black owned business. They would have already had allegations a year ago. Who gets this money, just out of curiosity? and does that redress the claims, or is it strictly punitive? Number of Heavy dollar millionaires in Iran has exploded despite country suffering under U.S. sanctions & Covid-19 pandemic & before p1 No2IR
Source: latimes - 🏆 11. / 82 Read more »

Biden to raise federal firefighter pay to $15 an hour as extreme drought plagues WestPresident Joe Biden is slated to raise federal firefighter pay to $15 an hour and offer new retention incentives as the country prepares for the upcoming wildfire season. Jesus christ what were they making? Will the prison labor firefighters be similarly compensated or is that still conscript/ slave labor ? stelenj Why would any one risk their life for $15 an hour. Firefighters deserve a living wage and benefits that match their importance.
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