Cryptocurrencies

    VIDEO: Robinhood soared 24.2% on extension to trading hours

    VIDEO: Robinhood soared 24.2% on extension to trading hours
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      The US markets rallied on Tuesday as the price of oil dropped to almost the lowest level in two-weeks, easing investors? inflation concerns. Robinhood soared 24% on Tuesday after the trading platform announced it is extending trading hours on the platform to 7am to 8pm eastern time, in a small step closer to becoming a 24/7 trading platform in future. A spotlight on Chewy as shares in the online pet food retailer plunged 15% in after-hours trade following the release of the company?s fourth-quarter results including its third consecutive loss as supply chain constraints and cost pressures continue to impact operations. A hacker has stolen US$625m worth of cryptocurrency from Ronin, the blockchain underlying popular crypto-game, Axie Infinity, in one of the largest decentralised finance hacks to date.

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