• GameStop CFO resigns

    After a wild several weeks for GameStop, the retailer’s chief financial officer is resigning. The company announced Tuesday that Jim Bell, its executive vice president and CFO, will resign from his roles on March 26. GameStop has started searching for a new CFO “with the capabilities and qualifications to help accelerate GameStop’s transformation,” it said, […]

  • Robinhood is buying a Super Bowl ad after its GameStop fiasco

    Robinhood, the stock trading app that helped fuel GameStop mania and ended up in a PR crisis, is running a Super Bowl ad. The 30-second spot, which will make its TV debut during Sunday’s game, highlights the company’s branding push that it is “opening America’s financial system to everyone.” The commercial features everyday people living their lives and […]

  • Robinhood shuts down GameStop trades

    GameStop traders sent the stock on a wild ride Thursday. The stock plunged more than 40% Thursday after surging nearly 40% at one point earlier in the day. Adding to the drama? Robinhood said it was restricting trading in the red hot stock as well as several others. “We continuously monitor the markets and make changes where necessary. […]

  • Airbnb value tops $100 billion in Wall Street debut

    (CNN) — In the first half of this year, with its business decimated by the pandemic, Airbnb cut a quarter of its workforce and reportedly slashed its valuation as part of a deal to secure more financing. Now, following a remarkable comeback, the home-sharing company is soaring in its long-awaited Wall Street debut just as […]

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