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Robinhood is raising $2 billion through zero-coupon convertible bonds to fund a stock buyback, a financial strategy gaining traction among tech companies.
Robinhood CEO Vlad Tenev's 10% layoffs note stands out for its omission of AI as a justification, unlike many tech peers who cite AI-driven restructuring.
Robinhood allows AI agents like Claude to trade stocks and make credit card purchases for users, but regulators warn of potential risks.
Robinhood is opening its trading platform to AI agents, allowing users to create dedicated accounts for artificial intelligence to trade stocks and potentially make or lose money.
Robinhood has launched a platform allowing AI agents to autonomously trade stocks and spend money from users' credit cards, marking a first in consumer brokerage services.
