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Apple has asked its suppliers to manufacture 75 million 5G iPhones in 2020. Analysts expect Apple to ship over 80 million iPhone models this year, despite the pandemic and global recession. The dominance of the firm in the wearables market in Q1 2020 raises the chances for a blockbuster Q4 performance. While the
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Robinhood suffers an outage as Bloomberg reveals an SEC probe of previous outages in March. On this major trading day, several other brokerage platforms went down. But Square Payments’ CashApp emerged unscathed, giving its stock a boost. Monday was brutal for stock brokerage app Robinhood. The same day the Bloomberg reported an SEC
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The reported outages affect Robinhood, Charles Schwab, TD Ameritrade and others. Source
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Robinhood announced on Thursday it hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams. Source
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Mark Cuban tells Dave Rubenstein on Bloomberg that he is less active in the U.S. stock market than 10 to 20 years ago. The market’s dynamic is changing rapidly as retail investors overrun hedge funds through retail platforms, like Robinhood. Markets face the risk of unprecedented retail trading activity pushing stocks to
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Retail traders on Robinhood have been increasingly seeing “fear of missing out” or FOMO rallies around certain stocks. The latest beneficiary has been the stock price of the renowned camera manufacturer Kodak (KODK) whose stock surged from $2 to $60 in one day. Therefore, given the current climate of economic uncertainty
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Robinhood has announced plans to suspend the proposed launch of its trading app in the UK as it wants to focus on its business in the U.S.Robinhood recently announced plans to suspend the UK launch of its app. The company revealed its plan in an email sent to the almost
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AMZN stock had a quite disappointing week but today it is in green again. Amazon is expected to release the Q2 earnings report on July 23 and analysts anticipate it as a catalyst to a new wave.Being one of COVID-19 stock market leaders, Amazon.com Inc (NASDAQ: AMZN) stock is much
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As Bitcoin continues trading sideways within a trading range between $9,000 and $10,000, investors are busy at work speculating as to what could help fuel a further price rise for the benchmark digital asset.Now, one strategist is noting that the crypto could soon see a massive influx of new capital
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekShould Bitcoin traders stay bullish if BTC
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