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Search resuls for: "Vlad Tenev"


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☆ Why corporate leaders like Mark Zuckerberg, Jack Dorsey, and Evan Spiegel are all apologizing for the massive layoffs at their companies
  + stars: | 2022-11-15 | by ( Sarah Belle Lin | ) www.businessinsider.com   time to read: +10 min
Since the pandemic, the largest tech layoffs have been at Meta, Getir, Booking.com, Twitter, Uber, Better.com., Peloton, and Groupon, Layoffs.fyi data show. Now companies in tech are reversing some of the huge hiring that they did in the past couple of years, Lee said. Mark Zuckerberg, MetaFacebook CEO Mark Zuckerberg speaks about "News Tab" at the Paley Center, in New York on October 25, 2019. In the memo he wrote: "Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended. Jack Dorsey, ex-CEO TwitterTwitter CEO Jack Dorsey testifies before the House Energy and Commerce Committee in Washington, DC, in 2018.
☆ Robinhood has no direct exposure to FTX, says CEO
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: 1 min
SINGAPORE, Nov 10 (Reuters) - Broker Robinhood has no direct exposure to crypto exchange FTX, chief executive Vlad Tenev said on Twitter. "Despite SBF having an equity stake in Robinhood, we have no direct exposure to Alameda, FTX, or any of its entities," he wrote, referring to FTX CEO Sam Bankman-Fried. He said there were elevated trading volumes recently and that the last couple of days were "our two biggest days of crypto inflows ever." Cryptocurrency markets have been sliding as uncertainty swirls around the fate of FTX. Reporting by Tom Westbrook; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
☆ Here's a rundown of tech companies that have announced layoffs in 2022
  + stars: | 2022-11-09 | by ( Sofia Pitt | ) www.cnbc.com   time to read: +8 min
Days after Twitter's new boss Elon Musk slashed half his company's workforce, Facebook parent Meta announced its most significant round of layoffs ever. Last month, Meta announced a second straight quarter of declining revenue and forecast another drop in the fourth quarter. The tech industry broadly has seen a string of layoffs in 2022 in the face of uncertain economic conditions. Lyft: around 700 jobs cutLyft announced last week that it cut 13% of its staff, or about 700 jobs. In a letter to employees, CEO Logan Green and President John Zimmer pointed to "a probable recession sometime in the next year" and rising rideshare insurance costs.
☆ Markets are losing retail traders, that's bad for stock prices
  + stars: | 2022-10-21 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
Daily average trades at companies like TD Ameritrade (AMTD) and Charles Schwab (SCHW) spiked to new highs in March 2020 and again in January 2021 and February 2021. The number of daily retail trades at Morgan Stanley fell more than 15% over the third quarter from a year earlier, to 805,000 trades a day. In Februrary 2021, Interactive Brokers registered an average of 3.7 million daily retail trades. Recent search trends on Google also show a drop in interest in the stock market. The Investor Movement Index (IMX), created by TD Ameritrade to indicate the sentiment of retail investors, fell by 7.26% during the September period.
☆ The stock market crash is exposing Wall Street's biggest charlatans
  + stars: | 2022-10-16 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +9 min
In a market bubble, it's easy to confuse opportunity for genius. While many of these new investors invested wisely, a pack of them got swept up in a social-media-driven market mania. For the past decade-plus, the stock market loved this. It's really never a good sign when you see celebrities hanging around the stock market, and during the bubble they were everywhere, pumping crypto and investing in SPACs. Good information about the stock market does not come easy, and Gordon Gekko was right to say that if you want a friend on Wall Street, you should buy a dog.
☆ Watch CNBC's full interview with Robinhood CEO Vlad Tenev
  + stars: | 2022-09-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Robinhood CEO Vlad TenevRobinhood Markets CEO Vlad Tenev joins CNBC's 'Squawk on the Street' to discuss the company's new "Robinhood Gold" benefit that allows investors to earn 3% interest on their brokerage cash. Tenev also reacts to news that federal regulators will not ban payment for order flow.
☆ Robinhood CEO Vlad Tenev: Payment for order flow has helped establish free trading
  + stars: | 2022-09-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRobinhood CEO Vlad Tenev: Payment for order flow has helped establish free tradingRobinhood Markets CEO Vlad Tenev joins CNBC's 'Squawk on the Street' to discuss the company's new "Robinhood Gold" benefit that allows investors to earn 3% interest on their brokerage cash.
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