Robinhood has purchased $25 million worth of bitcoin for its corporate balance sheet, separate from the nearly $25 billion in crypto it holds for customers. This move reflects the company's commitment to the crypto ecosystem, according to its crypto chief Johann Kerbrat. Robinhood is also expanding its crypto offerings, planning to launch perpetual futures for eligible U.S. users soon and growing its Robinhood Chain network. Bitcoin traded near $84,280 as investors awaited the Federal Reserve's FOMC meeting minutes.
Robinhood's recent $25 million Bitcoin purchase adds to its crypto exposure. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 16:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include ENJ (Enjin Coin) down 9.51% at Rp540 with a typical hold time of 104 days and a 69% sell order activity, ADA (Cardano) down 9.23% at Rp4.562 with a 78% sell order activity, and SAND (The Sandbox) up 8.79% at Rp1.281 with a 63% sell order activity.
FICO is cutting about 15% of its workforce, roughly 570 jobs, following a regulatory change that ended its exclusive use on the mortgage pricing grid by Fannie Mae and Freddie Mac. This change allows lenders to use VantageScore alongside FICO, leadin...
DA Davidson increased its price target for Micron from $2,100 to $3,000, reflecting a 42% upside potential based on strong fiscal Q4 results and optimistic fiscal 2027 guidance. The firm highlighted Micron's robust revenue growth, driven by AI-relate...
Camtek Ltd. announced it will host an exclusive Investor & Analyst Breakfast Presentation on October 14, 2026, during SEMICON West in San Francisco. The company's leadership will share updates on its growth strategy, technology roadmap, and financial...
Marvell Technology's stock has surged over 200% in the past year due to booming AI data center demand. A $5,000 investment today could be worth about $6,763 by 2031, reflecting a 35.27% total return with an annualized gain of 6.23%. Key growth driver...
Oracle Cloud Infrastructure (OCI) revenue surged 121% to $7.388 billion, growing three times faster than Amazon Web Services (AWS), which posted $42.232 billion with 37% growth. Despite OCI's rapid expansion and strong GPU usage, AWS maintains a mass...
