Explainer: The regulatory and legal headwinds facing Robinhood
WASHINGTON, July 1 (Reuters) – Robinhood Markets Inc, the online brokerage at the center of this year’s retail trading frenzy, disclosed on Thursday previously unreported regulatory risks in its long-awaited initial public offering filing. Amid an increasingly hostile climate in Democrat-led Washington, Robinhood’s growing regulatory attention could be a turn off for some potential investors. […]
Analysis: Latam central banks look past COVID as inflation phantoms loom
Latin America’s central banks have become more hawkish as the region’s inflationary ghosts rattle their chains, with a recent pivot by the U.S. Federal Reserve further boosting market expectations of tighter monetary policies.
Robinhood reveals breakneck growth, legal pitfalls in IPO filing
Robinhood Markets Inc on Thursday set the stage for its hotly anticipated IPO as it revealed rapid growth in users of its trading app in a filing, while also flagging a swathe of investigations by prosecutors and regulators.
Dollar rides high to U.S. jobs test
The U.S. dollar was perched at a 15-month high on the yen and at multi-month peaks against other majors on Friday, as traders wagered strong U.S. labour data could lift it even further.
Ghosts of taper tantrum to haunt EMFX, stir volatility memories: Reuters poll
Volatility risks in coming months are high on the radar of emerging market currency investors still familiar with past Fed tightening, a Reuters poll of strategists found, but commodity prices are offering support amid slow vaccination rates.
EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources
Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp (XOM.N), four people familiar with the talks told Reuters.
Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut
Shares of security software provider SentinelOne Inc (S.N) jumped 21.4% in their U.S. stock market debut on Wednesday, giving the company a market capitalization of nearly $11 billion.
Britain sets out vision for post-Brexit financial services
Britain’s finance minister set out his vision for financial services on Thursday, saying Brexit was a unique opportunity to tailor rules while maintaining high regulatory standards and open markets.
S&P 500 flirts with record high as month, quarter draw to a close
Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.
Boom, bust and bewildered: Bitcoin’s year so far
If you’re a bitcoin investor, your nerves may have taken quite a pounding in 2021
