Robinhood has said it’s democratizing America’s financial system because it doesn’t charge commissions to execute trades.
“Any sort of nudges that investors get through these technologies are affecting behaviors,” said Brad Barber, a finance professor at the University of California, Davis. “All these new kids are coming in,” Shetty said. “Everything isn’t free. There are serious downsides to this if things go wrong.”Financial professionals point to what Robinhood has chosen to put on the first page of its app, and what it hasn’t. A ticker for bitcoin is prominent, as are quotes for stocks with big daily swings in price, while exchange-traded funds — a low-cost way of diversifying a stock portfolio — are difficult to find.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks seen higher ahead of central bank meetingsEuropean stocks were seen opening higher Wednesday morning as investors look ahead to key central bank meetings, while trade tensions and the risk of a no-deal Brexit have cooled for now.
Source: CNBC - 🏆 12. / 72 Read more »
Hong Kong exchange shares fall as political risks of $38 billion LSE approach weighShares in the Hong Kong stock exchange fell more than 3% on Thursday as investor...
Source: Reuters - 🏆 2. / 97 Read more »
Fund investors continue retreat from U.S. stock marketInvestors last week pulled nearly $4.4 billion from mutual funds and exchange-tr...
Source: Reuters - 🏆 2. / 97 Read more »
U.S. stocks climb solidly as China eases some tariffsStocks on Wall Street notched broad gains Wednesday as investors drew encouragement from China's move to exempt some U.S. products from a recent round of tariffs. There you go!😋👍🏿$🇺🇸😏
Source: latimes - 🏆 11. / 82 Read more »
This under-the-radar energy stock could be the best way to play an oil comebackMidstream operator OneOK's stock may be investors' best bet in the energy space, says Oppenheimer's Ari Wald. TradingNation How about you have a 9:03am moment of silence for September 11 instead of tweeting about an energy stock.
Source: CNBC - 🏆 12. / 72 Read more »
US stocks move higher as China eases trade tensionsStocks are rising broadly on Wall Street in afternoon trading as investors welcome China's move to exempt some U.S. products from a recent round of tariffs So what’s trump doin⁉️
Source: ABC - 🏆 471. / 51 Read more »