that cater to retail investors, can design a platform that centers on the user instead of on the brokers that pay to complete its customers' trades. A more user-centric platform would realign Robinhood's profit engine so that the company would make money when its customers made money — meaning it would likely advise its clients to invest in a safe way that wasn't as risky as retail trading.
And from one vantage point, Robinhood's business model was less about democratization than it was about capturing a young, less experienced market of investors. For a while, this worked. But younger generations, both millennials and Gen Z, simply have, and without another frothy meme-stock craze, Robinhood probably can't compete with larger firms whose customers have much more money to play with.
Eventually, Tierney said, after an episode like the meme-stock craze, retail traders realize that it's quite difficult to make money in financial markets."Nonprofessionals trade too much and mostly aren't very good at it," he added. And because Robinhood only profits when people trade, the company can't make money. This could be part of the reason it lost $423 million last quarter.
robinsreport None of this is a game!!!!
robinsreport No it does not. What they need to do is aggressively upgrade their crypto UI and start looking to compete with $COIN and CRO APP.
robinsreport must have Russian influence.
robinsreport If robinhood changes its business model... it will be delisted
robinsreport A bunch Of cowboys.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: Collider - 🏆 1. / 98 Прочитайте больше »
Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets BeforeA “devastating” conflict between Russia and Ukraine hoisted the S&P 500 deeper into a correction and the tech-heavy Nasdaq index into bear-market territory on Thursday.
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »
5 Things to Know Before the Stock Market Opens FridayU.S. stock futures rose Friday, erasing earlier losses as investors continued to assess the risks stemming from Russia’s invasion of Ukraine.
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »