How to Submit Your IntroRx Coursera Assignment
Blockchain, machine learning, software-defined security
, a run for its money. In February, Robinhood, an online stock trading app, introduced a service that lets users buy and sell cryptocurrencies like bitcoin and ethereum without any added transaction fees. By comparison, Coinbase charges anywhere from 1.4 percent to 4 percent to buy and sell bitcoin and its ilk. Robinhood will also let users track price and news and set up alerts for bitcoin and a dozen or so other cryptocurrencies.
The Palo Alto-based Robinhood entered the crowded trading arena in 2013. Through its mobile app it lets users buy and sell U.S. stocks and ETFs without any trading fees. The platform is especially attractive to less-wealthy millennials who are interested in investing but can't afford to spend $7 to $10 per trade with firms like E-Trade or TD Ameritrade. For users that can afford a little extra service, the company launched Robinhood Gold, a premium paid service for experienced investors that offers margin and extended-hours trading. It's priced at $10 per month.
Co-founders Baiju Bhatt and Vlad Tenev were former classmates at Stanford University. Before launching the company, they ran two other firms selling trading software to hedge funds. Robinhood doesn't have any brick-and-mortar locations — one of the main reasons why it's able to charge a zero commission. Over the past year the company doubled the number of its users to 4 million (surpassing rival E-Trade). It closed a series D round in May, raising an additional $363 million and giving the company a value of $5.6 billion.
A look back at the CNBC Disruptor 50: 6 years, 167 companies
How we chose the 2018 CNBC Disruptor 50 innovators
These start-ups are on the cutting edge of big consumer, technology and business shifts — and already worth billions.
Peloton launches an app that's available to anyone Coursera Bitcoin Github
This could help Peloton avoid the fate countless other fitness and lifestyle brands have faced: plateau.
5 big risks of sharing your DNA with consumer genetic-testing companies
The biggest risk of DNA testing kits isn't a health scare but what these companies may be doing with your genetic data.
More trouble for NYC Uber driver who kicked lesbian couple out of car
The NYC Uber driver who kicked a lesbian couple out of his car has now had his license suspended by the TLC.
The 'Netflix of fitness' looks to become a publicly traded stock as soon as next year
How we chose the 2018 CNBC Disruptor 50 innovators
PayPal rival Adyen surges 90 percent in IPO with valuation topping $15 billion
2 big reasons high-profile start-ups attract top talent despite US skills gap crisis
Microsoft to buy GitHub, a platform for software developers, for $7.5 billion in stock
Damaged homes? Earthquakes? Why LA backs 'risk taking' of Musk's Boring Company
How Uber, Airbnb and other star start-ups scale up for success
Indigo Agriculture CEO wants to change economics for farmers with a 'revolution in agriculture'
CEO says Crowdstrike's security platform could someday attract Amazon, Google
Coursera Bitcoin Github
Featuring CNBC's Financial Advisor Council, this video series will aim to educate investors with straightforward financial advice.
This man was so fed up trying to get his Tesla fixed that he did it himself
Once Greg Furstenwerth's Tesla Model S was out of warranty, Coursera Bitcoin Github
Trump accuses Google of rigging search results in favor of ‘bad’ coverage
President Donald Trump accuses Google of altering search results to prioritize negative coverage and left-leaning outlets and warns that the issue "will be addressed."
Outset Medical has created a 37-inch dialysis clinic on wheels for the home
Outset Medical has raised $132 million from the Abu Dhabi investment group Mubadala to take a Silicon Valley approach to kidney dialysis. Its device is far more compact than traditional dialysis machines and requires only electricity and clean water.
Got a confidential news tip? We want to hear from you.
Sign up for free newsletters and get more CNBC delivered to your inbox
Get this delivered to your inbox, and more info about our products and services.
Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.
0 Reviews:
Post Your Review