margin

Robinhood Inc posted a smaller-than-expected quarterly loss as the brokerage's margin trading business benefited from rising interest rates, while increased volatility in the markets helped its equity and options segments. Net interest revenue doubled to $128 million for the third quarter as annual margin interest rates jumped to 5.75% for Robinhood Gold customers and 9.75% for non-Gold customers. Robinhood Gold is the company's subscription service, which gives investors access to premium features.Read Also "We…

John Foley, the former CEO of Peloton Interactive Inc., PTON 1.56% nearly doubled the amount of shares that he has pledged to cover personal loans taken out against his stake in the fitness-equipment maker. Mr. Foley pledged as collateral more than 6.7 million Class A and Class B shares, or 41% of his 16.4 million holdings, as of Oct. 4, a securities filing shows. Peloton’s policy limits such pledges to…

John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.18% faced repeated margin calls on money he borrowed against his Peloton holdings before he left the fitness company’s board last month, according to people familiar with the situation.As Peloton’s shares slumped over the past year, Goldman Sachs Group Inc. GS -0.05% asked Mr. Foley several times to…

Bret Taylor, co-chief executive officer of Salesforce.com Inc., right, and Marc Benioff, co-chief executive officer of Salesforce.com Inc., wear rabbit ears during a keynote at the 2022 Dreamforce conference in San Francisco, California, on Tuesday, Sept. 20, 2022.Marlena Sloss | Bloomberg | Getty ImagesSalesforce stock rose almost 3% in extended trading on Wednesday after the enterprise software maker announced a new long-range profitability goal that showed the company's determination to operate more efficiently.Several…

The summer of 2022 was the hottest in Europe's recorded history, with the continent suffering blistering heatwaves and the worst drought in centuries, the European Commission's satellite monitor said on Thursday.The five hottest years on record have all come since 2016 as climate change drives ever longer and stronger hot spells and drier soil conditions.And that created tinderbox forests, increasing the risk of devastating and sometimes deadly wildfires.The Copernicus Climate Change Service (C3S) said temperatures in…

It has not been easy for investors this year. Fortunately, despite all that has happened so far, there are some projects that have many looking forward to a time when the charts no longer look so bloody. One such project is Flasko, a new token with a unique marketplace. This article examines what makes the Flasko token so great. Solana (SOL): Investors are afraid of holding Solana (SOL) is one of those tokens in the ecosystem with a near cult-like following, and even now, Solana (SOL) remains one of the most talked…

Samsung has long been the world’s largest smartphone vendor and no one seems to be challenging that crown yet. In the first quarter of this year, i. e. Q1 2022, the Korean firm shipped 73.6 million smartphones, which is 17 million units more than second-placed Apple. With a market share of 23.4 percent, almost one out of every four smartphones sold between January and March 2022 was a Samsung Galaxy.These figures are based on research by Bankless Times. They are in line with those from other well-known market analysis…

If you were considering buying a mid-range Samsung smartphone, now is a great time to do it. The Galaxy M52 5G has received a massive price cut in India. The smartphone was launched in September 2021 with a price tag of INR 29,999 for the variant with 6GB RAM and 128GB internal storage. Now, you can buy the Galaxy M52 5G for just INR 20,999 via Reliance Digital. That’s a price drop of around 30%. The 8GB+128GB version of the phone can be purchased for INR 21,999 via the same store, which looks like a great purchase.…

Paul Alcorn / Tom's Hardware: Top500: the US' AMD-powered Frontier supercomputer becomes the fastest in the world, topping 1.102 exaflops/second, overtaking Japan's Fugaku by a wide margin — AMD-powered systems now comprise five of the top ten fastest supercomputers — The AMD-powered Frontier supercomputer … Paul Alcorn / Tom's Hardware: Top500: the US' AMD-powered Frontier supercomputer becomes the fastest in the world, topping 1.102 exaflops/second, overtaking Japan's…

Tesla’s gross margin and profits are soaring to record highs as it is raising prices, which the automaker has blamed on rising costs. The company felt the need to explain itself. Over the last few years, one of the biggest storylines around the auto industry, and many other industries, has been price increases. Tesla has been no exception with almost a dozen price increases on its vehicles over the last two years. On several occasions, the automaker justified the price increases with increased costs due to…